# EDGAR Filing Document

**Accession Number:** 0002042316
**File Stem:** 0001004726-26-003130
**Filing Date:** 2026-4
**Character Count:** 78491
**Document Hash:** 408b25237139ab5055455cb6a85bf0ff
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001004726-26-003130.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0001004726-26-003130

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Victory Portfolios IV
- **CENTRAL INDEX KEY:** 0002042316

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-24019
- **FILM NUMBER:** 26911671

**BUSINESS ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256
- **BUSINESS PHONE:** (210) 697-3624

**MAIL ADDRESS:**
- **STREET 1:** 15935 LA CANTERA PARKWAY
- **CITY:** SAN ANTONIO
- **STATE:** TX
- **ZIP:** 78256

## Series and Classes Contracts Data

### Victory High Income Municipal Fund (Series ID: S000089772)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000256545 | Class Y      | HIMYX           |
| C000256546 | Class A      | PIMAX           |
| C000256547 | Class C      | HICMX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Victory Portfolios IV

- **b. Investment Company Act file number:** 811-24019

- **c. CIK number of Registrant:** 0002042316

- **d. LEI of Registrant:** 25490054DPU07WNNLY79

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

  - **Street Address 1:** 15935 La Cantera Pkwy Building Two

  - **City:** San Antonio

  - **State:** TX

  - **Foreign country:** US

  - **Zip / Postal Code:** 78256

  - **Telephone number:** 800-539-3863

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

- **a. Name of Series:** Victory High Income Municipal Fund

- **b. EDGAR series identifier (if any):** S000089772

- **c. LEI of Series:** DFRKKS65Q9UGO1PRYT83

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-28

**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:** $726496681.06

**Total Liabilities:** $6841659.70

**Net Assets:** $719655021.36

**Cash Not Reported:** $986780.15

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -251.55321102 | **1-Year:** -2356.92262541 | **5-Year:** -9116.45325510 | **10-Year:** -33401.59732236 | **30-Year:** -20142.35795355

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

- **3-Month:** -540.19855275 | **1-Year:** -3497.56614600 | **5-Year:** -12824.84702434 | **10-Year:** -34361.67290034 | **30-Year:** -17463.05575272

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000256545 | -0.94%               | 1.05%                | 1.33%                |
| Class ID C000256547 | -1.01%               | 0.96%                | 1.42%                |
| Class ID C000256546 | -0.95%               | 0.84%                | 1.47%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-852939.92              | $-10769722.66                              |
| Month 2  | $1212083.92              | $2424212.35                                |
| Month 3  | $-3417053.19             | $9742949.47                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CALIFORNIA MUN FIN AUTH REV                                         | CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048VVE5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6115000 | PA      | $5698629.65   | 0.79%             | 2036-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| DOMINION WTR & SANTN DIST COLO REV                                  | DOMINION WATER SANITATION DISTRICT                 | CUSIP: 25755AAE1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4949000 | PA      | $5084503.62   | 0.71%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| INLAND EMPIRE TOBACCO SECURIZATION AUTH CALIF TOB                   | INLAND EMPIRE TOBACCO SECURITIZATION CORP          | CUSIP: 45734TAD6<br>LEI: N/A | Long             | DBT              | MUN               | US        |  20000000 | PA      | $10067600.00  | 1.40%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS EDL FAC REV                                     | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74443DAS0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2227925.00   | 0.31%             | 2046-08-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                               | CLIFTON HIGHER EDUCATION FINANCE CORP              | CUSIP: 187145UQ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    575000 | PA      | $561573.75    | 0.08%             | 2044-06-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                  | FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WAY0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8448210.00   | 1.17%             | 2051-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AGY FLA STUDENT HSG REV                                  | CAPITAL TRUST AGENCY INC                           | CUSIP: 140536AD5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5684760.00   | 0.79%             | 2058-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK CNTYS TOB TR VI                                            | NEW YORK COUNTY TOBACCO TRUST VI                   | CUSIP: 64945JAE2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   7440000 | PA      | $6548167.20   | 0.91%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA DEV AUTH EDL FACS REV                                  | DEVELOPMENT AUTHORITY OF COBB COUNTY THE           | CUSIP: 190782AR3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030070.00   | 0.14%             | 2055-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH ENVIRONMENTAL IMPT REV                     | ARKANSAS DEVELOPMENT FINANCE AUTHORITY             | CUSIP: 04110FAA3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7045430.00   | 0.98%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLLUTN CTL REV                              | BURKE COUNTY DEVELOPMENT AUTHORITY                 | CUSIP: 121342PQ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   9600000 | PA      | $9600000.00   | 1.33%             | 2052-11-01      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV CHARTER SCH REV                   | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT  | CUSIP: 71780CAF7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6045000 | PA      | $5979714.00   | 0.83%             | 2044-12-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH CHARTER SCH REV                             | CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13058TRX0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974040.00    | 0.14%             | 2063-05-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| VIRGIN IS PUB FIN AUTH HOTEL OCCUPANCY TAX REV                      | VIRGIN ISLANDS PUBLIC FINANCE AUTHORITY            | CUSIP: 927677AA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2467344.00   | 0.34%             | 2053-04-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                             | ARLINGTON HIGHER EDUCATION FINANCE CORP            | CUSIP: 041806AM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    375000 | PA      | $364156.20    | 0.05%             | 2034-03-01      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396JA1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    640000 | PA      | $656723.20    | 0.09%             | 2053-07-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396HZ8<br>LEI: N/A | Long             | DBT              | MUN               | US        |    230000 | PA      | $241996.80    | 0.03%             | 2043-07-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK CNTYS TOB TR IV                                            | NEW YORK COUNTIES TOBACCO TRUST IV                 | CUSIP: 62947YAL5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500480.00   | 0.21%             | 2041-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK CNTYS TOB TR VI                                            | NEW YORK COUNTIES TOBACCO TRUST VI                 | CUSIP: 64945JAF9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   7665000 | PA      | $6527973.90   | 0.91%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                             | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442PV28<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020510.00   | 0.14%             | 2060-07-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK CNTYS TOB TR IV                                            | NEW YORK COUNTIES TOBACCO TRUST IV                 | CUSIP: 62947YAD3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   9700000 | PA      | $8277204.00   | 1.15%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUFFALO & ERIE CNTY N Y INDL LD DEV CORP REV                        | BUFFALO ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT    | CUSIP: 11943KDF6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    212974 | PA      | $2875.16      | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA REV                                             | COUNTY OF PALM BEACH FL                            | CUSIP: 696547HX9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2047120.00   | 0.28%             | 2065-10-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| BUFFALO & ERIE CNTY N Y INDL LD DEV CORP REV                        | BUFFALO ERIE COUNTY INDUSTRIAL LAND DEVELOPMENT    | CUSIP: 11943KDG4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2356917 | PA      | $31818.38     | 0.00%             | 2038-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | COMMONWEALTH OF PUERTO RICO                        | CUSIP: 74514L4G9<br>LEI: N/A | Long             | DBT              | MUN               | US        |  10018861 | PA      | $6186646.43   | 0.86%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                               | COLORADO EDUCATIONAL CULTURAL FACILITIES AUTHORI   | CUSIP: 19645UTS3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5298750.00   | 0.74%             | 2059-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REV                                          | KANSAS DEVELOPMENT FINANCE AUTHORITY               | CUSIP: 48542RCA0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2246450.00   | 0.31%             | 2038-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STAMFORD CONN HSG AUTH REV                                          | STAMFORD HOUSING AUTHORITY                         | CUSIP: 852640AL5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1115334.00   | 0.15%             | 2060-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV CHARTER SCH REV                   | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT  | CUSIP: 71780CBV1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1794467.50   | 0.25%             | 2043-06-15      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BETHEL MINN CHARTER SCH LEASE REV                                   | CITY OF BETHEL MN                                  | CUSIP: 086759AT4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $775450.00    | 0.11%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN NONPROFIT REV                           | WASHINGTON STATE HOUSING FINANCE COMMISSION        | CUSIP: 93978LJM9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021060.00   | 0.28%             | 2050-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                             | ARLINGTON HIGHER EDUCATION FINANCE CORP            | CUSIP: 041806XD7<br>LEI: N/A | Long             | DBT              | MUN               | US        |  16545000 | PA      | $14203642.63  | 1.97%             | 2049-03-01      | Fixed         | 5.45%                 | Yes           |                  3 | On Loan: No      |
| BUILD NYC RESOURCE CORP N Y REV                                     | BUILD NYC RESOURCE CORP                            | CUSIP: 12008EXT8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1993960.00   | 0.28%             | 2032-12-15      | Fixed         | 5.65%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AUTH FLA EDL FACS REV                                    | CAPITAL TRUST AUTHORITY                            | CUSIP: 14054WAB1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1992746.60   | 0.28%             | 2043-12-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396HT2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1577629.55   | 0.22%             | 2062-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AUTH FLA CHARTER SCH REV                                 | CAPITAL TRUST AUTHORITY                            | CUSIP: 14054YAC5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3051972.00   | 0.42%             | 2054-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| WESTCHESTER CNTY N Y LOC DEV CORP REV                               | WESTCHESTER COUNTY LOCAL DEVELOPMENT CORP          | CUSIP: 95737TEV4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   9000000 | PA      | $7414560.00   | 1.03%             | 2056-07-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                             | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442PF67<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5255000.00   | 0.73%             | 2049-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STRATEGIC FD LTD OBLIG LEASE REV                           | MICHIGAN STRATEGIC FUND                            | CUSIP: 594714AG2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3572640.00   | 0.50%             | 2041-11-01      | Variable      | 7.50%                 | No            |                  2 | On Loan: No      |
| LAKE CNTY FLA EDL FACS REV                                          | COUNTY OF LAKE FL                                  | CUSIP: 50825CAC5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1328885.00   | 0.18%             | 2049-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV                | PORT OF PORT ARTHUR NAVIGATION DISTRICT            | CUSIP: 735220AU9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5700000 | PA      | $5700000.00   | 0.79%             | 2040-04-01      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH ED REV                                        | ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY           | CUSIP: 04052BPT5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1040000 | PA      | $765419.20    | 0.11%             | 2056-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS EDL FAC REV                                     | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74443DLE9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006770.00   | 0.14%             | 2064-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| PARTERRE MET DIST NO 5 COLO                                         | PARTERRE METROPOLITAN DISTRICT NO 5                | CUSIP: 70211AAC9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049920.00   | 0.28%             | 2055-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| OLDE TOWNE MET DIST COLO                                            | OLDE TOWNE METROPOLITAN DISTRICT                   | CUSIP: 68042GAC5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1937660.00   | 0.27%             | 2053-12-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| GREATER TEX CULTURAL ED FACS FIN CORP TEX REV                       | GREATER TEXAS CULTURAL EDUCATION FACILITIES FINANC | CUSIP: 39237QBJ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3335000 | PA      | $1830915.00   | 0.25%             | 2033-02-01      | Variable      | 6.38%                 | Yes           |                  3 | On Loan: No      |
| WILLOW BEND MET DIST COLO                                           | WILLOW BEND METROPOLITAN DISTRICT                  | CUSIP: 97111VAC7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    755000 | PA      | $760194.40    | 0.11%             | 2049-12-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                       | PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JPW9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968680.00    | 0.13%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NASSAU CNTY N Y TOBACCO SETTLEMENT CORP                             | NASSAU COUNTY TOBACCO SETTLEMENT CORP              | CUSIP: 63166MCB3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6245000 | PA      | $4456681.80   | 0.62%             | 2046-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AEROTROPOLIS COLO REGL TRANSN AUTH SPL REV                          | AEROTROPOLIS REGIONAL TRANSPORTATION AUTHORITY     | CUSIP: 008051AE4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6536985.00   | 0.91%             | 2054-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| STAMFORD CONN HSG AUTH REV                                          | STAMFORD HOUSING AUTHORITY                         | CUSIP: 852640AJ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057220.00   | 0.15%             | 2045-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| LARKRIDGE MET DIST NO 2 COLO                                        | LARKRIDGE METROPOLITAN DISTRICT NO 2               | CUSIP: 51724SAA4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4001840.00   | 0.56%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS TOLL REV                                        | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74448UAB4<br>LEI: N/A | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14646520.00  | 2.04%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP TEX SR LIVING REV                | NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE COR | CUSIP: 64542PGC3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4158405.00   | 0.58%             | 2057-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS-ECONOMIC DEV AUTH EDL FACS REV                  | SOUTH CAROLINA JOBS ECONOMIC DEVELOPMENT AUTHORITY | CUSIP: 83704MFX9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2511875.00   | 0.35%             | 2033-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECONOMIC DEV AUTH CHARTER SCH REV                       | DELAWARE STATE ECONOMIC DEVELOPMENT AUTHORITY      | CUSIP: 246372BJ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5092500.00   | 0.71%             | 2065-07-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ROCHESTER MINN CHARTER SCH LEASE REV                                | CITY OF ROCHESTER MN                               | CUSIP: 77158CAD3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6080000 | PA      | $4471887.48   | 0.62%             | 2050-09-01      | Fixed         | 5.38%                 | No            |                  3 | On Loan: No      |
| BETHEL MINN CHARTER SCH LEASE REV                                   | CITY OF BETHEL MN                                  | CUSIP: 086759AX5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1218601.30   | 0.17%             | 2057-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LAFAYETTE IND MULTIFAMILY HSG REV                                   | CITY OF LAFAYETTE IN                               | CUSIP: 506309AB9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3015840.00   | 0.42%             | 2037-01-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECONOMIC DEV AUTH CHARTER SCH REV                       | DELAWARE STATE ECONOMIC DEVELOPMENT AUTHORITY      | CUSIP: 246372BC9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1681830.00   | 0.23%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN HSG & REDEV AUTH CHARTER SCH LEASE REV                 | HOUSING REDEVELOPMENT AUTHORITY OF THE CITY OF S   | CUSIP: 852297CK4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1994980.00   | 0.28%             | 2052-07-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396JB9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1206031.75   | 0.17%             | 2063-07-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| BETHEL MINN CHARTER SCH LEASE REV                                   | CITY OF BETHEL MN                                  | CUSIP: 086759AS6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4210000 | PA      | $3495605.10   | 0.49%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH STUDENT RESIDENCE REV                       | CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13051EAK6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2273964.00   | 0.32%             | 2060-01-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396HD7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1150000 | PA      | $844295.50    | 0.12%             | 2061-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP VA                                     | TOBACCO SETTLEMENT FINANCING CORP VA               | CUSIP: 88880NAT6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   8865000 | PA      | $6826050.00   | 0.95%             | 2046-06-01      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| GREEN VY RANCH EAST MET DIST NO 6 COLO                              | GREEN VALLEY RANCH EAST METROPOLITAN DISTRICT NO 6 | CUSIP: 39356MAA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5171961.00   | 0.72%             | 2050-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV REVS                              | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT  | CUSIP: 71781XFJ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3489150.00   | 0.48%             | 2048-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| NASSAU CNTY N Y TOBACCO SETTLEMENT CORP                             | NASSAU COUNTY TOBACCO SETTLEMENT CORP              | CUSIP: 63166MCA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |  19015000 | PA      | $14964805.00  | 2.08%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                               | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH            | CUSIP: 118217CZ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6450000 | PA      | $5350210.50   | 0.74%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                             | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442PTK1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1735260.00   | 0.24%             | 2041-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | COMMONWEALTH OF PUERTO RICO                        | CUSIP: 74514L3T2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5361224 | PA      | $3645632.30   | 0.51%             | 2043-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS TOLL REV                                        | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74448UAD0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6760975.00   | 0.94%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OHIO TOB SETTLEMENT FING AUTH                               | BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY     | CUSIP: 118217DA3<br>LEI: N/A | Long             | DBT              | MUN               | US        | 206000000 | PA      | $16115380.00  | 2.24%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| AEROTROPOLIS COLO REGL TRANSN AUTH SPL REV                          | AEROTROPOLIS REGIONAL TRANSPORTATION AUTHORITY     | CUSIP: 008051AC8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4240400.00   | 0.59%             | 2052-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH DOCK & WHARF FAC REV                   | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 64578TAB0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4196000.00   | 0.58%             | 2045-01-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV REVS                              | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT  | CUSIP: 71781XFP3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4055000 | PA      | $4063961.55   | 0.56%             | 2048-07-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH SCH REV                                | NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY          | CUSIP: 645912DY9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2426500.00   | 0.34%             | 2047-07-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| M-S-R ENERGY AUTH CALIF GAS REV                                     | M S R ENERGY AUTHORITY                             | CUSIP: 55374SAF7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3878720.00   | 0.54%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | COMMONWEALTH OF PUERTO RICO                        | CUSIP: 74514L4D6<br>LEI: N/A | Long             | DBT              | MUN               | US        |  10000000 | PA      | $3600000.00   | 0.50%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV          | GOLDEN STATE TOBACCO SECURITIZATION CORP           | CUSIP: 38122NB84<br>LEI: N/A | Long             | DBT              | MUN               | US        | 165000000 | PA      | $17938800.00  | 2.49%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                       | PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JQG3<br>LEI: N/A | Long             | DBT              | MUN               | US        |  40435000 | PA      | $14188641.50  | 1.97%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                    | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BCW6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3260000 | PA      | $3084351.20   | 0.43%             | 2044-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF TOB SETTLEMENT REV          | GOLDEN STATE TOBACCO SECURITIZATION CORP           | CUSIP: 38122ND66<br>LEI: N/A | Long             | DBT              | MUN               | US        |  21000000 | PA      | $16121490.00  | 2.24%             | 2050-06-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| DELAWARE CNTY PA INDL DEV AUTH REV                                  | DELAWARE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY P | CUSIP: 246018GA7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   8465000 | PA      | $8466269.75   | 1.18%             | 2046-06-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH LTD OBLIG REV                                     | MICHIGAN FINANCE AUTHORITY                         | CUSIP: 594479EQ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5720000 | PA      | $5984149.60   | 0.83%             | 2040-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FAYETTEVILLE ARK PUB FACS BRD RETIREMENT FACS REV                   | FAYETTEVILLE PUBLIC FACILITIES BOARD               | CUSIP: 31267GAC1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1133726.00   | 0.16%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SPRINGSHIRE RETIREMENT LLC                                          | SPRINGSHIRE RETIREMENT LLC                         | CUSIP: N/A<br>LEI: N/A       | Long             | DBT              | CORP              | US        |   9000000 | PA      | $2970000.00   | 0.41%             | 2026-06-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| BUILD NYC RESOURCE CORP N Y REV                                     | BUILD NYC RESOURCE CORP                            | CUSIP: 12008EYA8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987430.00    | 0.14%             | 2056-06-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLLUTN CTL REV                              | BURKE COUNTY DEVELOPMENT AUTHORITY                 | CUSIP: 121342MW6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3300000.00   | 0.46%             | 2049-07-01      | Variable      | 2.05%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG & CMNTY DEV AUTH MULTIFAMILY HSG REV                 | INDIANA HOUSING COMMUNITY DEVELOPMENT AUTHORITY    | CUSIP: 45506CAQ0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   8075000 | PA      | $8077826.25   | 1.12%             | 2037-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP REV                                            | FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 340618DK0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1099080.00   | 0.15%             | 2032-07-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| GREATER TEX CULTURAL ED FACS FIN CORP TEX REV                       | GREATER TEXAS CULTURAL EDUCATION FACILITIES FINANC | CUSIP: 39237QBH7<br>LEI: N/A | Long             | DBT              | MUN               | US        |  16755000 | PA      | $9198495.00   | 1.28%             | 2050-02-01      | Variable      | 6.38%                 | Yes           |                  3 | On Loan: No      |
| DELAWARE ST ECONOMIC DEV AUTH CHARTER SCH REV                       | DELAWARE STATE ECONOMIC DEVELOPMENT AUTHORITY      | CUSIP: 246372BD7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1380000 | PA      | $969408.60    | 0.13%             | 2057-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                       | PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JQH1<br>LEI: N/A | Long             | DBT              | MUN               | US        |  36282000 | PA      | $9481937.88   | 1.32%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH SOUTHN CALIF TOB SETTLEMENT REV         | TOBACCO SECURITIZATION AUTHORITY OF SOUTHERN CALIF | CUSIP: 888804AZ4<br>LEI: N/A | Long             | DBT              | MUN               | US        |  10000000 | PA      | $2817800.00   | 0.39%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY REV                                    | MASSACHUSETTS DEVELOPMENT FINANCE AGENCY           | CUSIP: 57585BCX4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2627258.80   | 0.37%             | 2060-12-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL PROJS FIN AUTH FLA EDL FACS REV                             | CAPITAL PROJECTS FINANCE AUTHORITY FL              | CUSIP: 14043FAH9<br>LEI: N/A | Long             | DBT              | MUN               | US        |    275000 | PA      | $287746.25    | 0.04%             | 2054-06-15      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AUTH FLA EDL FACS REV                                    | CAPITAL TRUST AUTHORITY                            | CUSIP: 14054WBX2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1782456.50   | 0.25%             | 2065-07-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396FF4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1622242.80   | 0.23%             | 2039-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH CHARTER SCH REV                             | CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13058TUM0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    850000 | PA      | $759866.00    | 0.11%             | 2064-06-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                            | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74444VAA8<br>LEI: N/A | Long             | DBT              | CORP              | US        |  10640000 | PA      | $0.00         | 0.00%             | 2026-06-30      | None          | 0.00%                 | No            |                  3 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH EDL FAC REV                                 | CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 130497AX8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1673360.00   | 0.23%             | 2054-06-15      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| MILTON DEL SPL OBLIG                                                | TOWN OF MILTON DE                                  | CUSIP: 601792AA2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1781027.50   | 0.25%             | 2053-09-01      | Fixed         | 5.95%                 | Yes           |                  2 | On Loan: No      |
| ROCHESTER MINN CHARTER SCH LEASE REV                                | CITY OF ROCHESTER MN                               | CUSIP: 77158CAB7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1218220.29   | 0.17%             | 2038-09-01      | Fixed         | 5.12%                 | No            |                  3 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP RETIREMENT FAC REV       | TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINAN | CUSIP: 87638RKM8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5875019 | PA      | $5002225.94   | 0.70%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HEARD CNTY GA DEV AUTH POLLUTN CTL REV                              | HEARD COUNTY DEVELOPMENT AUTHORITY                 | CUSIP: 422230BS0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600000.00   | 0.22%             | 2026-09-01      | Variable      | 2.01%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REV                                          | KANSAS DEVELOPMENT FINANCE AUTHORITY               | CUSIP: 48542RCB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |  15405000 | PA      | $11197740.45  | 1.56%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV HEALTH CARE FAC REV               | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT  | CUSIP: 71781PBT6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    845000 | PA      | $875073.55    | 0.12%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ILL DEV AUTH SPL FAC REV                               | SOUTHWESTERN ILLINOIS DEVELOPMENT AUTHORITY        | CUSIP: 84552MBP1<br>LEI: N/A | Long             | DBT              | MUN               | US        |  11785000 | PA      | $11696612.50  | 1.63%             | 2053-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV                | ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMEN | CUSIP: 018444CH0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1629390.00   | 0.23%             | 2042-05-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP VA                                     | TOBACCO SETTLEMENT FINANCING CORP VA               | CUSIP: 88880NAX7<br>LEI: N/A | Long             | DBT              | MUN               | US        |  14000000 | PA      | $2932020.00   | 0.41%             | 2047-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH REV                                          | IDAHO HEALTH FACILITIES AUTHORITY                  | CUSIP: 451295D22<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1370000 | PA      | $971247.80    | 0.13%             | 2051-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUB INFRASTRUCTURE DIST UTAH                           | MIDA CORMONT PUBLIC INFRASTRUCTURE DISTRICT        | CUSIP: 59561JAB1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2076138.90   | 0.29%             | 2055-06-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| DETROIT MICH RETIREMENT SYS FDG TR 2006 CTFS PARTN                  | CITY OF DETROIT MI                                 | CUSIP: 251228AC6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   8150110 | PA      | $7946357.26   | 1.10%             | 2034-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CNTYS TOB TR V                                             | NEW YORK COUNTIES TOBACCO TRUST V                  | CUSIP: 649441AD4<br>LEI: N/A | Long             | DBT              | MUN               | US        |  51600000 | PA      | $3412824.00   | 0.47%             | 2060-06-01      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP MULTIFAMILY MTG REV                  | NEW YORK CITY HOUSING DEVELOPMENT CORP             | CUSIP: 64966TGX6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3766737.50   | 0.52%             | 2031-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV CHARTER SCH REV                   | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT  | CUSIP: 71780CAL4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    725000 | PA      | $633364.59    | 0.09%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| STAMFORD CONN HSG AUTH REV                                          | STAMFORD HOUSING AUTHORITY                         | CUSIP: 852640AK7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1574010.00   | 0.22%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA DEV AUTH EDL FACS REV                                  | DEVELOPMENT AUTHORITY OF COBB COUNTY THE           | CUSIP: 190782AS1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2044960.00   | 0.28%             | 2064-06-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS EDL FAC REV                                     | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74443DAT8<br>LEI: N/A | Long             | DBT              | MUN               | US        |     75000 | PA      | $74746.50     | 0.01%             | 2026-08-01      | Fixed         | 4.25%                 | Yes           |                  2 | On Loan: No      |
| SUFFOLK REGL OFF-TRACK BETTING CORP N Y REV                         | SUFFOLK REGIONAL OFF TRACK BETTING CORP            | CUSIP: 86480TAC8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3069720.00   | 0.43%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING CORP SALES TAX REV                       | PUERTO RICO SALES TAX FINANCING CORP SALES TAX REV | CUSIP: 74529JPX7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6356805.00   | 0.88%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396HS4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    900000 | PA      | $897273.00    | 0.12%             | 2052-06-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                             | ARLINGTON HIGHER EDUCATION FINANCE CORP            | CUSIP: 041806AN0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   7030000 | PA      | $6820254.47   | 0.95%             | 2044-03-01      | Fixed         | 7.12%                 | No            |                  3 | On Loan: No      |
| INDIANA ST HSG & CMNTY DEV AUTH MULTIFAMILY HSG REV                 | INDIANA HOUSING COMMUNITY DEVELOPMENT AUTHORITY    | CUSIP: 45506CAY3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   8615000 | PA      | $8342335.25   | 1.16%             | 2039-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PINERY COML MET DIST NO 2 COLO SPL REV                              | PINERY COMMERCIAL METROPOLITAN DISTRICT NO 2       | CUSIP: 72330FAA4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1467490.50   | 0.20%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA GAS PROJ REV                         | BLACK BELT ENERGY GAS DISTRICT                     | CUSIP: 09182TEV5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048210.00   | 0.15%             | 2056-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS REV                                             | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74442PTP0<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $515365.00    | 0.07%             | 2037-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| GUAM ECONOMIC DEV & COMM AUTH                                       | GUAM ECONOMIC DEVELOPMENT COMMERCE AUTHORITY       | CUSIP: 40064LAB8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1084534.00   | 0.15%             | 2047-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                         | CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048VVF2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4530000 | PA      | $4192922.70   | 0.58%             | 2039-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP COLO HSG FACS REV                           | VAIL HOME PARTNERS CORP                            | CUSIP: 91879VAC2<br>LEI: N/A | Long             | DBT              | MUN               | US        |  13150000 | PA      | $13640232.00  | 1.90%             | 2064-10-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| ROCHESTER MINN CHARTER SCH LEASE REV                                | CITY OF ROCHESTER MN                               | CUSIP: 77158CAC5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3145000 | PA      | $2461302.32   | 0.34%             | 2043-09-01      | Fixed         | 5.25%                 | No            |                  3 | On Loan: No      |
| PORT PORT ARTHUR TEX NAV DIST ENVIRONMENTAL FACS REV                | PORT OF PORT ARTHUR NAVIGATION DISTRICT            | CUSIP: 735220AT2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7000000.00   | 0.97%             | 2040-04-01      | Variable      | 1.85%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH INDL DEV REV                               | ARKANSAS DEVELOPMENT FINANCE AUTHORITY             | CUSIP: 04108WCE0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5358350.00   | 0.74%             | 2048-07-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396HR6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    335000 | PA      | $338909.45    | 0.05%             | 2037-06-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| NEW YORK CNTYS TOB TR IV                                            | NEW YORK COUNTIES TOBACCO TRUST IV                 | CUSIP: 62947YAE1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3986350.00   | 0.55%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STRATEGIC FD LTD OBLIG LEASE REV                           | MICHIGAN STRATEGIC FUND                            | CUSIP: 594714AE7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   7075000 | PA      | $6259960.00   | 0.87%             | 2040-03-01      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| DEEPHAVEN MINN CHARTER SCH LEASE REV                                | CITY OF DEEPHAVEN MN                               | CUSIP: 24380HAS1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500435.00   | 0.21%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396HY1<br>LEI: N/A | Long             | DBT              | MUN               | US        |    230000 | PA      | $243685.00    | 0.03%             | 2033-07-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| FLORIDA LOC GOVT FIN COMMN SR LIVING REV                            | FLORIDA LOCAL GOVERNMENT FINANCE COMMISSION        | CUSIP: 34077UAJ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3106020.00   | 0.43%             | 2064-11-15      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK REV                     | CALIFORNIA INFRASTRUCTURE ECONOMIC DEVELOPMENT B   | CUSIP: 13034A7E4<br>LEI: N/A | Long             | DBT              | MUN               | US        |  12265000 | PA      | $6770157.46   | 0.94%             | 2065-01-01      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| OTERO CNTY N MEX CTFS PARTN                                         | COUNTY OF OTERO NM                                 | CUSIP: 688824AK7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   9430000 | PA      | $7994565.40   | 1.11%             | 2028-04-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| BRIDGEVILLE DEL SPL OBLIG                                           | TOWN OF BRIDGEVILLE DE                             | CUSIP: 108588AP9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1553865.15   | 0.22%             | 2053-07-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP ED REV                             | ARLINGTON HIGHER EDUCATION FINANCE CORP            | CUSIP: 041806AQ3<br>LEI: N/A | Long             | DBT              | MUN               | US        |    435000 | PA      | $422395.71    | 0.06%             | 2029-03-01      | Fixed         | 6.62%                 | No            |                  3 | On Loan: No      |
| MILTON DEL SPL OBLIG                                                | TOWN OF MILTON DE                                  | CUSIP: 601792AB0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030860.00   | 0.14%             | 2044-09-01      | Fixed         | 5.70%                 | Yes           |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH INDL DEV CO GEN PURP REVS                       | PUERTO RICO INDUSTRIAL DEVELOPMENT CO              | CUSIP: 745211LM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5900000 | PA      | $5628482.00   | 0.78%             | 2054-01-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AUTH REV                                | MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY | CUSIP: 613609N44<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1845652.50   | 0.26%             | 2054-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS CHARTER SCH REV                                 | PUBLIC FINANCE AUTHORITY                           | CUSIP: 744396FE7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    280000 | PA      | $281271.20    | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| HAMMOND IND ECONOMIC DEV REV                                        | CITY OF HAMMOND IN                                 | CUSIP: 408386BL3<br>LEI: N/A | Long             | DBT              | MUN               | US        |  24990000 | PA      | $25000995.60  | 3.47%             | 2029-02-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH CHARTER SCH REV                             | CALIFORNIA SCHOOL FINANCE AUTHORITY                | CUSIP: 13058TUL2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1357785.00   | 0.19%             | 2059-06-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV CHARTER SCH REV                   | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT  | CUSIP: 71780CAM2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   8295000 | PA      | $5557798.98   | 0.77%             | 2050-11-15      | Fixed         | 5.00%                 | No            |                  3 | On Loan: No      |
| CAPITAL TR AUTH FLA REV                                             | CAPITAL TRUST AUTHORITY                            | CUSIP: 14055AAG7<br>LEI: N/A | Long             | DBT              | MUN               | US        |    665000 | PA      | $668411.45    | 0.09%             | 2055-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | COMMONWEALTH OF PUERTO RICO                        | CUSIP: 74514L4E4<br>LEI: N/A | Long             | DBT              | MUN               | US        |  25000000 | PA      | $7937500.00   | 1.10%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| RIVERPARK MET DIST COLO LTD TAX & SPL REV                           | RIVERPARK METROPOLITAN DISTRICT ARAPAHOE COUNTY    | CUSIP: 76883BAB3<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1432312.00   | 0.20%             | 2054-12-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP N Y REV                                     | BUILD NYC RESOURCE CORP                            | CUSIP: 12008EXR2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3039540.00   | 0.42%             | 2055-12-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| FLINT MICH INTL ACADEMY PUB SCH ACADEMY REV                         | FLINT INTERNATIONAL ACADEMY                        | CUSIP: 339526AN5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001650.00   | 0.42%             | 2037-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                  | FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WAX2<br>LEI: N/A | Long             | DBT              | MUN               | US        |    225000 | PA      | $233059.50    | 0.03%             | 2035-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REV                                             | INDIANA FINANCE AUTHORITY                          | CUSIP: 45506DF91<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2178550.00   | 0.30%             | 2047-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REV                | ALLENTOWN NEIGHBORHOOD IMPROVEMENT ZONE DEVELOPMEN | CUSIP: 018444CF4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4024059.00   | 0.56%             | 2042-05-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                               | COLORADO EDUCATIONAL CULTURAL FACILITIES AUTHORI   | CUSIP: 19645URH9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001100.00   | 0.14%             | 2059-04-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| COLORADO EDL & CULTURAL FACS AUTH REV                               | COLORADO EDUCATIONAL CULTURAL FACILITIES AUTHORI   | CUSIP: 19645URG1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2538400.00   | 0.35%             | 2054-04-01      | Fixed         | 5.80%                 | Yes           |                  2 | On Loan: No      |
| TEMPE ARIZ INDL DEV AUTH REV                                        | TEMPE INDUSTRIAL DEVELOPMENT AUTHORITY             | CUSIP: 87972MAY8<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $798700.00    | 0.11%             | 2052-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMN NONPROFIT REV                           | WASHINGTON STATE HOUSING FINANCE COMMISSION        | CUSIP: 93978LJP2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5092050.00   | 0.71%             | 2060-07-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REV                                         | LOUISIANA PUBLIC FACILITIES AUTHORITY              | CUSIP: 546399UY0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3030330.00   | 0.42%             | 2059-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| GRAPEVINE WASH LOC DIST UTAH                                        | GRAPEVINE WASH LOCAL DISTRICT                      | CUSIP: 38860EAA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3128169.00   | 0.43%             | 2055-03-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN RETIREMENT FACS REV                   | NORTH CAROLINA MEDICAL CARE COMMISSION             | CUSIP: 65820YTP1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4180000 | PA      | $4179247.60   | 0.58%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTHWESTERN ILL DEV AUTH SPL FAC REV                               | SOUTHWESTERN ILLINOIS DEVELOPMENT AUTHORITY        | CUSIP: 84552MBQ9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1190222.25   | 0.17%             | 2053-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS EDL FAC REV                                     | PUBLIC FINANCE AUTHORITY                           | CUSIP: 74443DAR2<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1921200.00   | 0.27%             | 2036-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| ANDERSON IND MULTIFAMILY REV                                        | CITY OF ANDERSON IN                                | CUSIP: 033889AJ5<br>LEI: N/A | Long             | DBT              | MUN               | US        |   8090000 | PA      | $6976411.50   | 0.97%             | 2040-01-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV REVS                              | PHILADELPHIA AUTHORITY FOR INDUSTRIAL DEVELOPMENT  | CUSIP: 71781XFK4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4370000 | PA      | $4323809.10   | 0.60%             | 2053-06-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL TR AUTH FLA EDL FACS REV                                    | CAPITAL TRUST AUTHORITY                            | CUSIP: 14054WBW4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    500000 | PA      | $477730.00    | 0.07%             | 2055-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH REV                                         | CALIFORNIA MUNICIPAL FINANCE AUTHORITY             | CUSIP: 13048TG23<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1975060.00   | 0.27%             | 2046-11-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| POINT PHASE 1 PUB INFRASTRUCTURE DIST NO 1 UTAH TAX ASSMT & GEN REV | POINT PHASE 1 PUBLIC INFRASTRUCTURE DISTRICT NO 1  | CUSIP: 73058EAC1<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043800.00   | 0.15%             | 2055-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP SR LIVING REV                                  | FLORIDA DEVELOPMENT FINANCE CORP                   | CUSIP: 34061WAW4<br>LEI: N/A | Long             | DBT              | MUN               | US        |    300000 | PA      | $311310.00    | 0.04%             | 2031-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| PORT OF GTR CINCINNATI DEV AUTH OHIO SPL OBLIG TIF REV              | PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY   | CUSIP: 73500HAG9<br>LEI: N/A | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4789652.00   | 0.67%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERPARK MET DIST COLO LTD TAX & SPL REV                           | RIVERPARK METROPOLITAN DISTRICT ARAPAHOE COUNTY    | CUSIP: 76883BAA5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    750000 | PA      | $759412.50    | 0.11%             | 2042-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP ED REV                               | CLIFTON HIGHER EDUCATION FINANCE CORP              | CUSIP: 187145UR6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    800000 | PA      | $750840.00    | 0.10%             | 2054-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| CAPITAL PROJS FIN AUTH FLA EDL FACS REV                             | CAPITAL PROJECTS FINANCE AUTHORITY FL              | CUSIP: 14043FAJ5<br>LEI: N/A | Long             | DBT              | MUN               | US        |    445000 | PA      | $465559.00    | 0.06%             | 2059-06-15      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| PHOENIX ARIZ INDL DEV AUTH MULTIFAMILY HSG REV                      | INDUSTRIAL DEVELOPMENT AUTHORITY OF THE CITY OF PH | CUSIP: 718903RP4<br>LEI: N/A | Long             | DBT              | MUN               | US        |  12360000 | PA      | $10341241.20  | 1.44%             | 2036-10-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REV                                          | KANSAS DEVELOPMENT FINANCE AUTHORITY               | CUSIP: 48542RBZ6<br>LEI: N/A | Long             | DBT              | MUN               | US        |    400000 | PA      | $378520.00    | 0.05%             | 2033-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEMPE ARIZ INDL DEV AUTH REV                                        | TEMPE INDUSTRIAL DEVELOPMENT AUTHORITY             | CUSIP: 87972MAX0<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1110000 | PA      | $842057.10    | 0.12%             | 2047-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| MATTESON ILL TAX INCREMENT REV                                      | VILLAGE OF MATTESON IL                             | CUSIP: 577117AQ7<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1239349.20   | 0.17%             | 2035-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MINERAL BUSINESS IMPT DIST COLO LTD TAX & SPL REV                   | MINERAL BUSINESS IMPROVEMENT DISTRICT              | CUSIP: 60284AAA6<br>LEI: N/A | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999170.00    | 0.14%             | 2054-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| DISTRICT COLUMBIA TOB SETTLEMENT FING CORP                          | DISTRICT OF COLUMBIA TOBACCO SETTLEMENT FINANCING  | CUSIP: 254842BB2<br>LEI: N/A | Long             | DBT              | MUN               | US        |  25000000 | PA      | $5765250.00   | 0.80%             | 2046-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL FALLS R I DETENTION FAC CORP DETENTION FAC REV              | CENTRAL FALLS DETENTION FACILITY CORP              | CUSIP: 153457AX4<br>LEI: N/A | Long             | DBT              | MUN               | US        |   2065000 | PA      | $724815.00    | 0.10%             | 2035-07-15      | Fixed         | 7.25%                 | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** Victory Portfolios IV

**Signature:** Carol Trevino

**Name of Signer:** Carol Trevino

**Title:** Treasurer