# EDGAR Filing Document

**Accession Number:** 0000035315
**File Stem:** 0001752724-23-067572
**Filing Date:** 2023-3
**Character Count:** 41697
**Document Hash:** b3c8d94fd3213d5b665af964e6a39887
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-067572.hdr.sgml**: 20230327

**ACCESSION NUMBER**: 0001752724-23-067572

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230327

**DATE AS OF CHANGE**: 20230327

**PERIOD START**: 20230131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIDELITY SALEM STREET TRUST
- **CENTRAL INDEX KEY:** 0000035315
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02105
- **FILM NUMBER:** 23763682

**BUSINESS ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210
- **BUSINESS PHONE:** 617-563-7000

**MAIL ADDRESS:**
- **STREET 1:** 245 SUMMER STREET
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02210

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FIXED INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY FLEXIBLE BOND FUND
- **DATE OF NAME CHANGE:** 19860904

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** FIDELITY CORPORATE BOND FUND INC
- **DATE OF NAME CHANGE:** 19851225

## Series and Classes Contracts Data

### Fidelity SAI Sustainable Conservative Income Municipal Bond Fund (Series ID: S000075888)

| Class ID   | Class Name                                                       | Ticker Symbol   |
|:---|:---|:---|
| C000235213 | Fidelity SAI Sustainable Conservative Income Municipal Bond Fund | FASYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Fidelity Salem Street Trust

- **b. Investment Company Act file number:** 811-02105

- **c. CIK number of Registrant:** 0000035315

- **d. LEI of Registrant:** S4W85DGKOEJ24DPRB829

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

  - **Street Address 1:** 245 Summer Street

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02210

  - **Telephone number:** 1-800-FIDELITY

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

- **a. Name of Series:** Fidelity SAI Sustainable Conservative Income Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000075888

- **c. LEI of Series:** 549300SGCJK6FKPDJC89

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

- **a. Date of fiscal year-end:** 2023-01-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $10743852.77

**Total Liabilities:** $272825.11

**Net Assets:** $10471027.66

**Delayed Delivery Securities:** $208262.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 81.52597400 | **1-Year:** 298.75237100 | **5-Year:** 163.72609700 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000235213 | 0.46%                | 0.23%                | 0.41%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $78.87                   | $29860.30                                  |
| Month 2  | $0.00                    | $-2063.84                                  |
| Month 3  | $0.00                    | $21061.09                                  |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| VALDEZ ALASKA MARINE TERM REV                        | VALDEZ AK MARINE TERM REV CONOCO PHILLIPS                                                        | CUSIP: 919061EV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2031-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| INDIANA ST DEV FIN AU SOL WST                        | IN ST DFA SW 2.95% 10/1/2031 MT @                                                                | CUSIP: 454906AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50220.09     | 0.48%             | 2031-10-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE      | CONN ST HEALTH 1.1% MT                                                                           | CUSIP: 20775DFJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99967.04     | 0.95%             | 2048-07-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HIGHER ED FACS                          | MINNESOTA HIGHER EDUCATION FACAUTH (MACALESTER COLLEGE) SERIES 19943Z                            | CUSIP: 604151TK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 3.82%             | 2024-03-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ST JAMES PARISH LA REV                               | ST JAMES PARISH LA REV VAR-NUCOR STEEL LLC PJ-SER B-2                                            | CUSIP: 790103AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330000.00    | 3.15%             | 2040-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RBC MUN PRODS INC TR VAR STS                         | TARRANT TX BAYLOR SCOTT and WHITE HLTH RBC E-141 RC/RC D7                                        | CUSIP: 74934RJ64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2050-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS HEALTH CARE SYS REV              | PUBLIC FINAUTH 5% 10/1/2024                                                                      | CUSIP: 74447GAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208184.22    | 1.99%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                | GREENVLE SC HSP 2015 XF0145 D7                                                                   | CUSIP: 88033LVQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.96%             | 2039-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC CTFS PARTN                                | RALEIGH COPS NC 05B Q=PN V7                                                                      | CUSIP: 751093FL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 2.87%             | 2034-02-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                                     | MA ST 5% 6/1/2044 MT                                                                             | CUSIP: 57582RB70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30268.03     | 0.29%             | 2044-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY HSG DEV MULTI REV                        | NYC HSG DEV CORP MFAM REV VAR-OGDEN AVE APTS-SER A LOC FANNIE MAE ***AMT***@                     | CUSIP: 64970VCH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2038-01-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH GAS SUPPLY REV       | KENTUCKY INC KY 4% 4/1/2048 MT                                                                   | CUSIP: 74440DAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15031.87     | 0.14%             | 2048-04-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PFLUGERVILLE TX IND SCH DIST                         | PFLUGRVL TX ISD 2.50% 2/15/2039                                                                  | CUSIP: 7170957G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $34825.98     | 0.33%             | 2039-02-15      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| UNION CNTY ORE HOSP FAC AUTH REV                     | UNION CNTY ORE 5% 7/1/2024                                                                       | CUSIP: 906420BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $138169.68    | 1.32%             | 2024-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV         | CA SOLID WASTE REPUBLIC SEVICES 21A MT@                                                          | CUSIP: 13048RAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50041.85     | 0.48%             | 2041-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                | DASNY NORTHWELL HEALTH 2022-XF1328-LA Q=JPMC BK D7                                               | CUSIP: 88035AA84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450000.00    | 4.30%             | 2052-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH SOLID WASTE DISP REV         | CA SOLID WASTE REPUBLIC SEVICES 21B MT@                                                          | CUSIP: 13048RAK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100062.63    | 0.96%             | 2051-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PTY and BLDGS COMMN                      | KY ST PROP 5% 10/1/2023                                                                          | CUSIP: 49151FEJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50755.94     | 0.48%             | 2023-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV           | BLACK BELT ENE 5.25% 12/1/2025                                                                   | CUSIP: 09182TBY2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5222.26      | 0.05%             | 2025-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DIRECTOR ST NV DPT BUS and IND SOLID WASTE DISP REV  | NV SLD WST 1.875% 12/1/2026 @ MT                                                                 | CUSIP: 25459JAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50041.97     | 0.48%             | 2026-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                | NY MTA TRANS 2022-XF1355-NUV Q=JPMC BK D7                                                        | CUSIP: 88035DDN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2043-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                       | CT ST 5% 9/15/2023                                                                               | CUSIP: 20772KEJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76203.05     | 0.73%             | 2023-09-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ALLEN CNTY OH HOSP FACS REV                          | OH MERCY HLTH 12B Q=OH ST V7                                                                     | CUSIP: 01757LGY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 3.82%             | 2036-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUT                       | NEW JERSEY ST TRANSN TR FD 5.25% 12/15/23                                                        | CUSIP: 646136YC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $56183.73     | 0.54%             | 2023-12-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAINS ENERGY PROJECT                        | CENTRAL PLAINS 4% MT                                                                             | CUSIP: 154872AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $106337.18    | 1.02%             | 2049-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| HONOLULU HI CITY and CNTY                            | HONOLULU HI 5% 9/1/2030 MT                                                                       | CUSIP: 438687KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55458.36     | 0.53%             | 2030-09-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DV AU POLLN CTL                       | BARTOW GA PCR 2.75% 3/15/23 MT                                                                   | CUSIP: 069643BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $29994.16     | 0.29%             | 2032-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH REV                          | MONROE GA DEV FL PWR and LT V1@                                                                  | CUSIP: 610532BX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.96%             | 2049-06-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                          | IL ST 5% 11/1/2026                                                                               | CUSIP: 452152Q61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5331.82      | 0.05%             | 2026-11-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MEADE CNTY KY INDL BLDG REV                          | MEADE CNTY KY NUCOR 20A1 V1@                                                                     | CUSIP: 583022AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.96%             | 2060-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                        | PA EDFA SW MT@                                                                                   | CUSIP: 708692BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100077.60    | 0.96%             | 2044-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| MASS BAY TRAN AUTH SLS TAX                           | MASSACHUSETTS BAY TRANSN AUTH MASS SALES TAX REV SR-SER C                                        | CUSIP: 575579GK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60757.74     | 0.58%             | 2023-07-01      | Fixed         | 0.06%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV           | BLACK BELT ENE 5% 6/1/2024                                                                       | CUSIP: 09182TBF3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51120.50     | 0.49%             | 2024-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV           | BLACK BELT ENE 5% 6/1/2025                                                                       | CUSIP: 09182TBG1<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     50000 | PA      | $51986.59     | 0.50%             | 2025-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENGY ACQ CRP GAS REV                       | TENN ENERGY ACQ 4% 05/01/48                                                                      | CUSIP: 880443HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200208.94    | 1.91%             | 2048-05-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECON DEV SLD WST                        | PA EDFA SW 8/1/45 MT@                                                                            | CUSIP: 708692BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99999.47     | 0.96%             | 2045-08-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                | KY ST TPK ECON DEV 2017-XF2484-NUV Q=MO D7                                                       | CUSIP: 88033YMS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 2.87%             | 2037-07-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CITY HSG DEV CORPMULTIFAMILY HSG REV                 | CITY HSG DEV CO 0.9% MT                                                                          | CUSIP: 64972EK32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $152985.90    | 1.46%             | 2060-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                       | CT ST SER B 5% 5/15/25                                                                           | CUSIP: 20772JY97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10597.56     | 0.10%             | 2025-05-15      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH NY RV                       | NY MTA TRANSP 5% 2/1/2023                                                                        | CUSIP: 59261AE78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90000.00     | 0.86%             | 2023-02-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| DUVAL CNTY FLA SCH BRD CTFS PT                       | DUVAL FL SD COP 5% 7/1/2026                                                                      | CUSIP: 267169GZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $108591.89    | 1.04%             | 2026-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECONIMC DEV CORP SOLID WASTE DISP REV     | MISSION TX EDC 7/1/2040 MT@                                                                      | CUSIP: 605155BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100009.29    | 0.96%             | 2040-07-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY EDUCATIONAL FACILITIES AUTHORITY          | NJ ST EDU AUT 5% 7/1/25                                                                          | CUSIP: 646066K41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $78279.71     | 0.75%             | 2025-07-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                | LYNCHBURG VA EDA CENTRA HLTH 2018-XL0075-NUV Q=JPMC BK D7                                        | CUSIP: 88034MXT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 2.87%             | 2047-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                | MO HEFA ST LUKES HLTH 2018-XG0176-NUV Q=RC D7                                                    | CUSIP: 88034MRW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2048-11-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PREPAY REV         | BLACK BELT ENERGY 4% MT                                                                          | CUSIP: 09182RAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100281.42    | 0.96%             | 2048-12-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH NY RV                       | NY MTA TRANSP 5% 11/15/2034 MT                                                                   | CUSIP: 59261AE60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102234.71    | 0.98%             | 2034-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| PORT ARTHUR TX NAV DIST INDL                         | PRT ARTHUR TX NAV DST INDL DEV(AIR PRODS and CHEMS PROJ) 2001 ***AMT***                          | CUSIP: 733508AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2036-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                | AL SE ENERGY G=MO 2022-XG0410-NUV Q=MO D7                                                        | CUSIP: 88035DL94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 2.87%             | 2053-01-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOM DEV AUTH REV                       | NJ EDA REV 5% 03/01/2025                                                                         | CUSIP: 645918T86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25043.32     | 0.24%             | 2025-03-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| ST JAMES PARISH LA REV                               | ST JAMES PARISH LA REV VAR-NUCSTEEL LA-SER B-1                                                   | CUSIP: 790103AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.96%             | 2040-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DEV AUTH SOLIDWASTE DISP FAC REV      | BARTOW GA PWR BOWEN 2ND 22 V1@                                                                   | CUSIP: 06964KAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 2.87%             | 2062-11-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| COOPERSVILLE AREA MI PUB SCHS                        | COOPERSVILLE AR 4% 5/1/2026                                                                      | CUSIP: 216876MG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $31502.17     | 0.30%             | 2026-05-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| WEST JEFFERSON ALA INDL DEV BRD SOLID WASTE DISP REV | WEST JEFFERSON ALA INDL DEV BRD SOLID WASTE DISP REV VAR-ALA PWR MILLER PLT-RMKT ***AMT***       | CUSIP: 95345PAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.96%             | 2038-12-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| COOPERSVILLE AREA MI PUB SCHS                        | COOPERSVILLE AR 5% 5/1/2025                                                                      | CUSIP: 216876MF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $116302.67    | 1.11%             | 2025-05-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CA REVS                                   | UNIV CAL REV 5% 5/15/2048 MT                                                                     | CUSIP: 91412GST3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50371.57     | 0.48%             | 2048-05-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEVE AUTH IDR                       | CHANDLER AZ IDR 5% MT @                                                                          | CUSIP: 158862BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $81213.09     | 0.78%             | 2049-06-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TENN GAS REVENUE                       | TENNERGY CORP 5% MT                                                                              | CUSIP: 880397BG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97328.75     | 0.93%             | 2050-02-01      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA PCF SOLID WST DISP                        | CAL PCR SWDR 1.17% MT @                                                                          | CUSIP: 130536RC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200050.36    | 1.91%             | 2042-11-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOM DEV AUTH REV                       | NJ EDA REV 5.25% 9/1/24                                                                          | CUSIP: 64577B6H2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103963.18    | 0.99%             | 2024-09-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BARTOW CNTY GA DV AU POLLN CTL                       | BARTOW GA PCR 2.875% MT                                                                          | CUSIP: 069643BM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98278.52     | 0.94%             | 2043-08-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALA GAS SUPPLY DISTGAS SUPPLY REV          | SOUTHEAST ALA 4% MT                                                                              | CUSIP: 84131TAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35078.04     | 0.34%             | 2049-06-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| SEATTLE WASH HSG AUTH REV                            | SEATTLE WASH HSG AUTH REV VAR-DOUGLAS APTS PROJ LOC = KEYBK NA ASSN                              | CUSIP: 812636KE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2040-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ILLINOIS DEV FIN AUTH SOLID WASTE DISP REV           | IL FIN AUTH WASTE MGMT 19 MT@                                                                    | CUSIP: 451889AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100787.21    | 0.96%             | 2044-11-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH and EDL FACS AUTH REVENUE      | CONN ST HEALTH 0.25% MT                                                                          | CUSIP: 20775DJV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48412.00     | 0.46%             | 2049-07-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PORT ARTHUR TX NAV DIST INDL                         | PORT ARTHUR TEX NAV DIST INDL DEV CORP EXEMPT FACS REV VAR-AIR PRODS and CHEMS INC PROJ***AMT*** | CUSIP: 733508AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.96%             | 2037-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTHRV                                  | ILLINOIS FN RV 5% 10/1/2024                                                                      | CUSIP: 45204FQR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101743.70    | 0.97%             | 2024-10-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| CHATANOOGA TN HEALTH ED and HSG FAC BRD REV          | CHATTANOOGA TN HLTH EDL and HSG VAR-CATHOLIC HEALTH-SER C                                        | CUSIP: 162410CB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2039-05-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H SOLID WASTE DISP REV           | NATIONAL FN AT 2.15% MT@                                                                         | CUSIP: 63608RAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $97412.90     | 0.93%             | 2025-09-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                | BLACK BELT AL ENERGY 2022-ZL0397-BLK Q=MO D7                                                     | CUSIP: 88035EQB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330000.00    | 3.15%             | 2053-02-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL ED FACS FIN CORP HOSP REV   | TARRANT EFFC HO 5% MT                                                                            | CUSIP: 87638QSF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15991.70     | 0.15%             | 2052-11-15      | Variable      | 0.05%                 | No            |                  2 | On Loan: No      |
| OREGON ST BUSINESS DEV COMMN REV                     | OR ST BUS DEV C 2.4% MT                                                                          | CUSIP: 68609AAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99593.97     | 0.95%             | 2040-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| DIRCTR ST NEV DEPT BUS and INDUS                     | NV BRIGHTLINE WEST 20A MT@                                                                       | CUSIP: 25457VBS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200033.40    | 1.91%             | 2050-01-01      | Variable      | 0.04%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV           | BLACK BELT ENE 5% 6/1/2026                                                                       | CUSIP: 09182TBH9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     50000 | PA      | $52809.54     | 0.50%             | 2026-06-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                             | MINNESOTA ST HS 5% 8/1/2023                                                                      | CUSIP: 60416TSZ2<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25316.44     | 0.24%             | 2023-08-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH HOSP REV              | WV UNIV HLTH 18E RFLOAT V7                                                                       | CUSIP: 956622P32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.96%             | 2033-06-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY GO                                     | NYC GO FY21-2 Q=SELF V8+                                                                         | CUSIP: 64966QWQ9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 4.78%             | 2042-04-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| INDIANA ST DEV FIN AUTH ENVR R                       | INDIANA ST DEV FIN AUTH ENVIRONMENTAL REV VAR-PSI ENERGY INC PROJS-SER A                         | CUSIP: 454912AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.96%             | 2038-12-01      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                       | CT ST GO 16C Q=BA V7+                                                                            | CUSIP: 20772JZ39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 1.91%             | 2034-05-15      | Variable      | 0.02%                 | No            |                  2 | On Loan: No      |
| LOUISA VA                                            | LOUISA VA IDA 0.75% 11/1/2035 MT                                                                 | CUSIP: 546068AV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $87266.58     | 0.83%             | 2035-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV           | BLACK BELT ENE 5.25% 12/1/2024                                                                   | CUSIP: 09182TBW6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5144.61      | 0.05%             | 2024-12-01      | Fixed         | 0.05%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALAGAS PROJ REV           | BLACK BELT ENE 4% 12/1/2023                                                                      | CUSIP: 09182TAH0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10038.10     | 0.10%             | 2023-12-01      | Fixed         | 0.04%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP REV                             | FL BRIGHTLINE PSGR RAIL 21A MT@                                                                  | CUSIP: 340618DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99939.72     | 0.95%             | 2056-12-01      | Variable      | 0.03%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-03-02

**Name of Applicant:** Laura M. Del Prato

**Signature:** Laura M. Del Prato

**Name of Signer:** Laura M. Del Prato

**Title:** President and Treasurer