# EDGAR Filing Document

**Accession Number:** 0001870117
**File Stem:** 0001410368-25-029999
**Filing Date:** 2025-11
**Character Count:** 1093787
**Document Hash:** 07ca17a40043a7cea07b7eebea37f4c3
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-029999.hdr.sgml**: 20251124

**ACCESSION NUMBER**: 0001410368-25-029999

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 3

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251124

**DATE AS OF CHANGE**: 20251124

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Capital Group Fixed Income ETF Trust
- **CENTRAL INDEX KEY:** 0001870117

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23738
- **FILM NUMBER:** 251513778

**BUSINESS ADDRESS:**
- **STREET 1:** 6455 IRVINE CENTER DRIVE
- **CITY:** IRVINE
- **STATE:** CA
- **ZIP:** 92618
- **BUSINESS PHONE:** (213) 486-9200

**MAIL ADDRESS:**
- **STREET 1:** 333 SOUTH HOPE STREET, 55TH FLOOR
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90071

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Capital Group Core Plus Income ETF
- **DATE OF NAME CHANGE:** 20210629

## Series and Classes Contracts Data

### Capital Group Municipal Income ETF (Series ID: S000077686)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000238174 | Share Class  | CGMU            |

## Nport-Ex

![](img8124e7cb1.jpg)

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

**Capital Group Municipal Income ETF**

Investment portfolio

September 30, 2025

**unaudited**

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

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments 91.78%<br> **Alabama 5.19%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Auburn University, General Fee Rev. Bonds, Series 2025-A, 5.00% 6/1/2044  | USD1,250 | $1325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Baldwin, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Novelis Corp. Project), Series 2025-B, <br> AMT, 4.625% 6/1/2055 (put 6/1/2032) <sup>(a)</sup>  | 3110 | 3119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Baldwin, Industrial Dev. Auth., Solid Waste Disposal Rev. Bonds (Novelis Corp. Project), Series 2025-A, <br> AMT, 5.00% 6/1/2055 (put 6/1/2032) <sup>(a)</sup>  | 3365 | 3445 |
| City of Birmingham, Water Works Board, Rev. Anticipation Bonds, Series 2024, 3.75% 9/1/2026 <sup>(a)</sup>  | 2035 | 2035 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2025-B, 5.00% 10/1/2035  | 5025 | 5252 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2023-C, 5.50% 10/1/2054 (put 6/1/2032)  | 1000 | 1106 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-C, 5.00% 5/1/2055 (put 7/1/2031)  | 7065 | 7672 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2024-B, 5.00% 10/1/2055 (put 9/1/2032)  | 10940 | 11834 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds, Series 2025-E, 5.00% 12/1/2055 (put 5/1/2035)  | 29085 | 31371 |
| Black Belt Energy Gas Dist., Gas Project Rev. Bonds (BP P.L.C), Series 2024-D, 5.00% 3/1/2055 (put 11/1/2034)  | 7345 | 8015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Black Belt Energy Gas Dist., Gas Project Rev. Bonds (Project No. 7), Series 2021-C-1, 4.00% 10/1/2052 (put 12/1/<br> 2026)  | 1000 | 1012 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Black Belt Energy Gas Dist., Gas Project Rev. Bonds (Project No. 8), Series 2022-A, 4.00% 12/1/2052 (put 12/1/<br> 2029)  | 4750 | 4857 |
| Black Belt Energy Gas Dist., Gas Project Rev. Ref. Bonds, Series 2025-D, 5.00% 12/1/2055 (put 8/1/2035)  | 7345 | 8051 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 6/1/2051 (put 12/1/2031)  | 7500 | 7756 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2022-F, 5.50% 11/1/2053 (put 12/1/2028)  | 750 | 800 |
| Black Belt Energy Gas Dist., Gas Supply Rev. Bonds, Series 2023-B, 5.25% 12/1/2053 (put 12/1/2026)  | 12285 | 13384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2023-A-1, 5.50% 11/1/2053 (put 1/1/<br> 2031)  | 2010 | 2213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy Southeast, Energy Supply Rev. Bonds (A Cooperative Dist.), Series 2024-B, 5.25% 7/1/2054 (put 6/1/<br> 2032)  | 10655 | 11681 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Homewood, Educational Building Auth., Rev. Bonds (CHF - Horizons II, LLC, Student Housing & Parking <br> Project at Samford University), Series 2024-C, 5.50% 10/1/2049  | 2500 | 2543 |
| Housing Fin. Auth., Collateralized Single Family Mortgage Rev. Bonds, Series 2024-C, 5.75% 4/1/2055  | 4185 | 4572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Auth., Multi Family Housing Rev. Bonds (Cooper Green Homes Project), Series 2024-C, 5.00% <br> 2/1/2029 (put 2/1/2028)  | 260 | 272 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.00% 10/1/2035  | 3010 | 3337 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.00% 10/1/2039  | 6445 | 6894 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2041  | 1925 | 2064 |
| County of Jefferson, Sewer Rev. Warrants, Series 2024, 5.25% 10/1/2044  | 655 | 686 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Phenix, Industrial Dev. Board, Environmental Improvement Rev. Ref. Bonds (MeadWestvaco-Mead Coated <br> Board Project), Series 2012-A, AMT, 4.125% 5/15/2035  | 3000 | 2927 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Prattville, Industrial Dev. Board, Pollution Control Rev. Ref. Bonds (Union Camp Corp. Project), Series 1998, <br> 5.30% 9/1/2028  | 1250 | 1320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Prattville, Industrial Dev. Board, Recovery Zone Fac. Rev. Ref. Bonds (International Paper Co. Project), <br> Series 2019-C, 3.45% 11/1/2033 (put 10/1/2031)  | 1500 | 1509 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Educational Building Auth. of Jacksonville, Higher Educational Facs. Rev. Bonds (JSU Foundation Project), <br> Series 2024-A, BAM, 5.00% 8/1/2036  | 1000 | 1101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Selma, Industrial Dev. Board, Gulf Opportunity Zone Rev. Ref. Bonds (International Paper Co. Project), <br> Series 2020-A, 4.20% 5/1/2034  | 2305 | 2364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South East Gas Supply Dist., Gas Supply Rev. Ref. Bonds (Project No. 2), Series 2024-B, 5.00% 6/1/2049 (put 5/1/<br> 2032)  | 10090 | 10945 |

---

Capital Group Municipal Income ETF — Page 1 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Alabama (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 2), Series 2021-B-1, 4.00% 12/1/2051 (put <br> 12/1/2031)  | USD2,500 | $2563 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Auth., Commodity Supply Rev. Bonds (Project No. 4), Series 2022-B-1, 5.00% 5/1/2053 (put <br>8/1/2028)  | 2500 | 2624 |
| Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-D, 5.00% 9/1/2035  | 7685 | 8464 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-B, 5.25% 3/1/2055 (put 1/1/<br> 2033)  | 7880 | 8429 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2024-C, 5.00% 11/1/2055 (put 11/1/<br> 2032)  | 17375 | 18964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Auth., Cooperative Dist. Energy Supply Rev. Bonds, Series 2025-A, 5.00% 1/1/2056 (put 6/1/<br> 2035)  | 6335 | 6693 |
| Stadium Trace Village Improvement Dist., Dev. Incentive Anticipation Bonds, Series 2021, 3.625% 3/1/2036  | 1045 | 943 |
|  |  | 214142 |
| **Alaska 0.20%** |  |  |
| Industrial Dev. and Export Auth., Power Rev. Ref. Bonds, Series 2015, AMT, 5.00% 1/1/2034  | 1400 | 1401 |
| International Airport System, Rev. Ref. Bonds, Series 2021-C, AMT, 5.00% 10/1/2026  | 1455 | 1487 |
| International Airport System, Rev. Ref. Bonds, Series 2025-A, 5.00% 10/1/2034  | 1510 | 1721 |
| City of Valdez, Marine Terminal Rev. Ref. Bonds (Exxon Pipeline Co. Project), Series 1993-B, 3.50% 12/1/2033 <sup>(b)</sup>  | 3500 | 3500 |
|  |  | 8109 |
| **Arizona 1.28%** |  |  |
| City of Glendale, Senior Excise Tax Rev. and Ref. Ref. Obligations, Series 2024, 5.00% 7/1/2038  | 1250 | 1392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Charter School Rev. Bonds (Equitable School Revolving Fund), Series 2023-A, 5.00% 11/1/<br> 2028  | 950 | 1000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Charter School Social Rev. Bonds (Equitable School Revolving Fund), Series 2021-A, 4.00% <br> 11/1/2040  | 815 | 767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Education Fac. Rev. Bonds (KIPP NYC Public Charter Schools - Macombs Fac. Project), Series <br> 2021-A, 4.00% 7/1/2036  | 310 | 296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2019, 4.00% <br> 7/1/2029 <sup>(a)</sup>  | 140 | 140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Education Rev. Bonds (Academies of Math & Science Projects), Series 2018-A, 5.00% 7/1/<br> 2048  | 750 | 732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Education Rev. Bonds (Pinecrest Academy of Northern Nevada Project), Series 2022-A, <br> 4.50% 7/15/2029 <sup>(a)</sup>  | 1500 | 1461 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Education Rev. Bonds (Somerset Academy of Las Vegas - Aliante and Skye Canyon Campus <br> Projects), Series 2021-A, 3.00% 12/15/2031 <sup>(a)</sup>  | 210 | 197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Education Rev. Ref. Bonds (Doral Academy of Northern Nevada Project), Series 2021-A, <br> 4.00% 7/15/2029 <sup>(a)</sup>  | 200 | 198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Education Rev. Ref. Bonds (Doral Academy of Northern Nevada Project), Series 2021-A, <br> 4.00% 7/15/2030 <sup>(a)</sup>  | 200 | 197 |
| Industrial Dev. Auth., Hospital Rev. Bonds (Phoenix Children's Hospital), Series 2020-A, 3.00% 2/1/2045  | 1000 | 759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Multi Family Housing (The Ranches at Gunsmoke Project), Series 2024, 5.00% 3/1/2058 (put <br> 11/1/2026)  | 1940 | 1983 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial Dev. Auth., Multi Family Housing Rev. Bonds (The Acacia At Youngtown Phase II Project), Series 2024, <br> 5.00% 11/1/2058 (put 7/1/2027)  | 3885 | 3983 |
| Industrial Dev. Auth., Municipal Certs., Series 2019-2, Class A, 3.625% 5/20/2033  | 985 | 974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Maricopa, Industrial Dev. Auth., Education Rev. Bonds (Legacy Traditional Schools Projects), Series <br> 2021-B, 3.50% 7/1/2044 <sup>(a)(c)</sup>  | 1000 | 774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Maricopa, Industrial Dev. Auth., Facs. Rev. Bonds (Commercial Metals Co. Project), Series 2022, AMT, <br> 4.00% 10/15/2047 <sup>(a)</sup>  | 1500 | 1252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Maricopa, Industrial Dev. Auth., Hospital Rev. Ref. Bonds (Honor Health), Series 2024-D, 5.00% 12/1/<br> 2041  | 1000 | 1047 |
| County of Maricopa, Industrial Dev. Auth., Rev. Bonds (Banner Health), Series 2016-A, 5.00% 1/1/2038  | 1750 | 1779 |

---

Capital Group Municipal Income ETF — Page 2 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Arizona (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Maricopa, Pollution Control Rev. Ref. Bonds (El Paso Electric Co. Palo Verde Project), Series 2009-A, <br> 3.60% 2/1/2040  | USD750 | $677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Palo Verde Project), Series 2009-B, <br> 3.60% 4/1/2040  | 2140 | 1931 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), <br> Series 2000-A, 2.40% 6/1/2035  | 2500 | 2094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maricopa County Pollution Control Corp., Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), <br> Series 2000-B, 2.40% 6/1/2035  | 5845 | 4897 |
| City of Phoenix, Civic Improvement Corp., Airport Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2026  | 3500 | 3555 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Phoenix, Industrial Dev. Auth., Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2014-B, 2.75% <br> 11/15/2052 <sup>(b)</sup>  | 8000 | 8000 |
| Phoenix Union High School Dist. No. 210, Improvement Bonds (Project of 2023), Series 2025-B, 5.00% 7/1/2029  | 1400 | 1536 |
| City of Phoenix Civic Improvement Corp., Wastewater System Rev. Ref. Bonds, Series 2016, 5.00% 7/1/2028  | 1035 | 1054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), <br> Series 2024, 5.00% 6/15/2034 <sup>(a)</sup>  | 2310 | 2391 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), <br> Series 2024, 5.00% 6/15/2044 <sup>(a)</sup>  | 1500 | 1415 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sierra Vista, Industrial Dev. Auth., Education Fac. Rev. Bonds (American Leadership Academy Project), <br> Series 2024, 5.00% 6/15/2054 <sup>(a)</sup>  | 1000 | 895 |
| Board of Regents of the Arizona State University System, Rev. Bonds, Series 2024-A, 5.00% 8/1/2042  | 1000 | 1069 |
| Board of Regents of the Arizona State University System, Rev. Green Bonds, Series 2019-A, 5.00% 7/1/2038  | 1200 | 1260 |
| Transportation Board, Highway Rev. and Rev. Ref. Bonds, Series 2023, 5.00% 7/1/2026  | 1000 | 1019 |
| Board of Regents of the University of Arizona, System Rev. and Rev. Ref. Bonds, Series 2021-A, 5.00% 6/1/2043  | 1000 | 1049 |
| Board of Regents of the University of Arizona, System Rev. Bonds, Series 2019-A, 5.00% 6/1/2042  | 1000 | 1034 |
|  |  | 52807 |
| **Arkansas 0.50%** |  |  |
| Dev. Fin. Auth., Industrial Dev. Rev. Bonds (Big River Steel Project), Series 2019, AMT, 4.50% 9/1/2049 <sup>(a)</sup>  | 11395 | 10932 |
| Dev. Fin. Auth., Industrial Dev. Rev. Green Bonds (Big River Steel Project), Series 2020, AMT, 4.75% 9/1/2049 <sup>(a)</sup>  | 770 | 745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Auth., Single Family Mortgage Rev. Bonds (Mortgage-Backed Securities/Mortgage Loans Program), <br> Series 2025-B, AMT, 5.50% 1/1/2056  | 8250 | 9025 |
|  |  | 20702 |
| **California 7.65%** |  |  |
| Trustees of the California State University, Systemwide Rev. Bonds, Series 2025-A, 5.00% 11/1/2045  | 3500 | 3793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2021-B-1, 4.00% 2/1/2052 (put 8/<br> 1/2031)  | 4000 | 4102 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-E-1, 5.00% 2/1/2054 (put 3/<br> 1/2031)  | 850 | 915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-A, 5.00% 5/1/2054 (put 4/<br> 1/2032)  | 3500 | 3785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-F, 5.50% 10/1/2054 (put <br> 11/1/2030)  | 645 | 707 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2023-G, 5.25% 11/1/2054 (put 4/<br> 1/2030)  | 1000 | 1085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-B, 5.00% 1/1/2055 (put 12/<br> 1/2032)  | 2900 | 3073 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-E, 5.00% 2/1/2055 (put 9/1/<br> 2032)  | 3815 | 4167 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-F, 5.00% 2/1/2055 (put 11/<br> 1/2032)  | 4730 | 5154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-C, 5.00% 8/1/2055 (put 10/<br> 1/2032)  | 6765 | 7297 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2024-G, 5.00% 11/1/2055 (put 8/<br> 1/2032)  | 5000 | 5297 |

---

Capital Group Municipal Income ETF — Page 3 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-C, 5.00% 12/1/2055 (put <br> 10/1/2033)  | USD5,550 | $5961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-A, 5.00% 1/1/2056 (put <br>5/1/2035)  | 1650 | 1768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Choice Fncg. Auth., Clean Energy Project Rev. Green Bonds, Series 2025-B, 5.00% 3/1/2056 (put 11/<br> 1/2035)  | 7115 | 7808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Acacia On Santa Rosa Creek), <br> Series 2021-B, 4.00% 10/1/2046 <sup>(a)</sup>  | 1000 | 794 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Millennium South Bay - <br> Hawthorne), Series 2021-A-1, 3.375% 7/1/2043 <sup>(a)</sup>  | 450 | 360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Parallel-Anaheim), Series 2021-A, <br> 4.00% 8/1/2056 <sup>(a)</sup>  | 2640 | 2335 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Pasadena Portfolio), Series <br> 2021-A-1, 2.65% 12/1/2046 <sup>(a)</sup>  | 980 | 818 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Union South Bay), Series 2021-A-1, <br> 3.10% 7/1/2045 <sup>(a)</sup>  | 500 | 414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; CSCDA Community Improvement Auth., Essential Housing Social Rev. Bonds (Westgate Phase 1 - Pasadena), <br> Series 2021-A-1, 3.00% 6/1/2047 <sup>(a)</sup>  | 600 | 414 |
| Davis Joint Unified School Dist., GO Bonds, 2018 Election, Series 2020, BAM, 3.00% 8/1/2034  | 750 | 738 |
| East County Advanced Water Purification JT Powers Auth. Green Bonds, Series 2024-A-1, 3.125% 9/1/2026  | 5000 | 5024 |
| Educational Facs. Auth., Rev. Bonds (Saint Mary's College of California), Series 2023-A, 5.00% 10/1/2038  | 525 | 534 |
| Escondido Union High School Dist., GO Bonds, CAB, 2008 Election, Series 2009-A, AGI, 0% 8/1/2028  | 500 | 468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Fairfield, Community Facs. Dist. No. 2023-1 (One Lake Planning Area 5), Improvement Area No. 1, Special <br> Tax Bonds, Series 2024-A, 5.00% 9/1/2039  | 3885 | 4068 |
| City of Fontana, Community Facs. Dist. No. 109 (Narra Hills), Special Tax Bonds, Series 2024, 5.00% 9/1/2029  | 500 | 532 |
| City of Fontana, Community Facs. Dist. No. 109 (Narra Hills), Special Tax Bonds, Series 2024, 5.00% 9/1/2031  | 495 | 537 |
| Foothill/Eastern Transportation Corridor Agcy., Toll Road Rev. Ref. Bonds, Series 2013-A, 6.125% 1/15/2028 <sup>(c)</sup>  | 3000 | 3247 |
| Fremont Unified School Dist., GO Bonds, 2014 Election, Series 2021-D, 3.00% 8/1/2033  | 1600 | 1599 |
| Glendale Community College Dist., GO Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2041  | 2150 | 1045 |
| Glendale Community College Dist., GO Rev. Ref. Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2032  | 500 | 402 |
| Glendale Community College Dist., GO Rev. Ref. Bonds, CAB, 2016 Election, Series 2020-B, 0% 8/1/2036  | 1000 | 658 |
| GO Rev. Ref. Bonds, Series 2021, 5.00% 12/1/2028  | 5110 | 5531 |
| GO Rev. Ref. Bonds, Series 2019, 5.00% 4/1/2032  | 1005 | 1153 |
| GO Rev. Ref. Bonds, Series 2019, 3.00% 10/1/2037  | 1440 | 1342 |
| Grossmont Union High School Dist., GO Bonds, CAB, 2004 Election, Series 2008, 0% 8/1/2032  | 4000 | 3270 |
| Health Facs. Fncg. Auth., Rev. Bonds (Cedars-Sinai Medical Center), Series 2021-A, 3.00% 8/15/2051  | 500 | 366 |
| Health Facs. Fncg. Auth., Rev. Bonds (Children's Hospital of Orange County), Series 2021-A, 3.00% 11/1/2038  | 635 | 582 |
| Health Facs. Fncg. Auth., Rev. Bonds (Episcopal Communities & Services), Series 2024-B, 5.00% 11/15/2038  | 430 | 449 |
| Housing Fin. Agcy., Municipal Certs., Series 2019-1, Class A, 4.25% 1/15/2035  | 2257 | 2313 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-1, 3.50% 11/20/2035  | 1860 | 1818 |
| Housing Fin. Agcy., Municipal Certs., Series 2021-A-3, 3.25% 8/20/2036  | 6079 | 5802 |
| Housing Fin. Agcy., Municipal Certs., Series 2023-1, Class A, 4.375% 9/20/2036  | 2740 | 2802 |
| Infrastructure and Econ. Dev. Bank, Rev. Bonds (WFCS Portfolio Projects), Series 2021-A-1, 5.00% 1/1/2056 <sup>(a)</sup>  | 250 | 214 |
| Inglewood Unified School Dist., GO Bonds, 2020 Election, Series 2025-B, 5.50% 8/1/2041  | 710 | 810 |
| Inglewood Unified School Dist., GO Bonds, 2020 Election, Series 2025-B, 5.50% 8/1/2042  | 320 | 361 |
| Irvine Unified School Dist., Community Facs. Dist. No. 09-1, Special Tax Bonds, Series 2019-A, 5.00% 9/1/2035  | 1245 | 1308 |
| City of Jurupa, Public Fncg. Auth., Special Tax Rev. Ref. Bonds, Series 2020-A, BAM, 4.00% 9/1/2031  | 1890 | 2016 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lammersville Joint Unified School Dist., Community Facs. Dist. No. 2024-1 (Mountain House School Facs.), <br> Special Tax Bonds, Series 2025, 5.00% 9/1/2040  | 385 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lammersville Joint Unified School Dist., Community Facs. Dist. No. 2024-1 (Mountain House School Facs.), <br> Special Tax Bonds, Series 2025, 5.00% 9/1/2045  | 800 | 813 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. and Rev. Ref. Green Bonds, Series <br> 2025-D, 5.00% 5/15/2042  | 2500 | 2732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2019-D, AMT, 5.00% <br> 5/15/2026  | 495 | 502 |

---

Capital Group Municipal Income ETF — Page 4 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2018-A, AMT, 5.00% <br> 5/15/2037  | USD1,000 | $1025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Bonds, Series 2019-F, AMT, 5.00% <br> 5/15/2039  | 1000 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles, Dept. of Airports, Los Angeles International Airport, Rev. Ref. Green Bonds, Series 2025-A, <br> AMT, 5.00% 5/15/2034  | 1000 | 1128 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2032  | 640 | 725 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2021-C, 5.00% 7/1/2033  | 840 | 930 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2033  | 1220 | 1392 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-B, 5.00% 7/1/2034  | 1160 | 1330 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-E, 5.00% 7/1/2035  | 615 | 698 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-A, 5.00% 7/1/2036  | 690 | 746 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2036  | 1730 | 1919 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-A, 5.00% 7/1/2036  | 1010 | 1127 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2036  | 780 | 870 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-B, 5.00% 7/1/2037  | 1120 | 1224 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2038  | 1630 | 1786 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2021-C, 5.00% 7/1/2039  | 1480 | 1567 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-C, 5.00% 7/1/2039  | 1130 | 1229 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-C, 5.00% 7/1/2041  | 765 | 808 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.00% 7/1/2041  | 625 | 676 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-C, 5.00% 7/1/2042  | 1150 | 1205 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-B, 5.00% 7/1/2042  | 1000 | 1068 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2025-A, BAM, 5.00% 7/1/2042  | 275 | 295 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2024-E, 5.00% 7/1/2048  | 1000 | 1037 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2022-B, 5.00% 7/1/2052  | 500 | 511 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-E, 5.00% 7/1/2053  | 500 | 512 |
| City of Los Angeles, Dept. of Water and Power, Power System Rev. Bonds, Series 2023-1-A, 5.25% 7/1/2053  | 550 | 573 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-A, 5.00% 1/1/2030  | 1955 | 2126 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-B, 5.00% 7/1/2032  | 700 | 794 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-B, 5.00% 7/1/2033  | 1290 | 1474 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2034  | 500 | 567 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2025-B, 5.00% 7/1/2034  | 245 | 281 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2036  | 730 | 811 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2037  | 840 | 924 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-B, 5.00% 7/1/2039  | 2305 | 2460 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.00% 7/1/2039  | 500 | 543 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2024-B, 5.00% 7/1/2039  | 1040 | 1139 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2022-B, 5.00% 7/1/2047  | 500 | 514 |
| City of Los Angeles, Dept. of Water and Power, Water System Rev. Bonds, Series 2023-A, 5.25% 7/1/2053  | 500 | 522 |
| City of Los Angeles, Harbor Dept., Rev. Ref. Green Bonds, Series 2024-A-2, AMT, 5.00% 8/1/2037  | 360 | 398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Los Angeles, Community Facs. Dist. No. 2021-01 (Valencia Facs.), Improvement Area No. 2, Special Tax <br> Bonds, Series 2024, 5.00% 9/1/2034  | 400 | 435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Manteca, Community Facs. Dist. No. 2023-1, Improvement Area No. 3, Special Tax Bonds, Series 2025, <br> 5.00% 9/1/2040  | 500 | 520 |
| Monrovia Unified School Dist., GO Bonds, CAB, 1997 Election, Series 2001-B, NATL, 0% 8/1/2032  | 750 | 617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Community Facs. Dist. No. 2021-9 (County of Placer - Bickford Ranch), Improvement Area <br> No. 1, Special Tax Bonds, Series 2025, 5.00% 9/1/2045  | 1130 | 1139 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Educational Rev. Bonds (American Heritage Education Foundation Project), Series 2016-A, <br> 5.00% 6/1/2036  | 180 | 181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Multi Family Housing Rev. Bonds (Gibson Drive Apartments Project), Series 2024-B, 3.75% <br> 6/1/2028 (put 6/1/2027)  | 140 | 142 |
| Municipal Fin. Auth., Rev. Ref. Bonds (Biola University), Series 2017, 5.00% 10/1/2030  | 500 | 518 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 4.00% 10/1/2033  | 2350 | 2359 |
| Municipal Fin. Auth., Rev. Ref. Bonds (HumanGood Obligated Group), Series 2019-A, 5.00% 10/1/2044  | 1200 | 1200 |

---

Capital Group Municipal Income ETF — Page 5 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Municipal Fin. Auth., School Fac. Rev. Bonds (St. Mary's School - Aliso Viejo), Series 2024-B, 4.65% 5/1/2030  | USD265 | $273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2023-A, AMT, <br> 4.375% 9/1/2053 (put 9/1/2033)  | 1250 | 1308 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2024-A, AMT, <br> 3.875% 3/1/2054 (put 3/1/2034)  | 5000 | 4992 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2019-A, AMT, <br> 2.40% 10/1/2044 (put 10/1/2029)  | 2235 | 2137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2020, AMT, <br> 3.75% 10/1/2045 (put 12/1/2025)  | 7000 | 6998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2024-A, AMT, <br> 3.80% 11/1/2046 (put 12/1/2025)  | 5000 | 4998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2024-B, AMT, <br> 3.375% 9/1/2050 (put 9/1/2028)  | 1750 | 1740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Fin. Auth., Special Fac. Rev. Bonds (United Airlines, Inc. Los Angeles International Airport Project), <br> Series 2019, AMT, 4.00% 7/15/2029  | 2000 | 2013 |
| Municipal Fin. Auth., Special Tax Rev. Bonds (Bold Program), Series 2024-D, 5.00% 9/1/2039  | 1000 | 1036 |
| Murrieta Valley Unified School Dist., Public Fncg. Auth., Special Tax Rev. Bonds, Series 2016-A, 5.00% 9/1/2026  | 1795 | 1829 |
| Napa Valley Community College Dist., GO Bonds, CAB, 2002 Election, Series 2005-B, NATL, 0% 8/1/2026  | 3755 | 3679 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-CA, 3.925% 7/20/2039 <sup>(b)</sup>  | 6923 | 6648 |
| Newport-Mesa Unified School Dist., GO Bonds, CAB, 2005 Election, Series 2011, 0% 8/1/2033  | 700 | 560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northern California Energy Auth. Commodity Supply Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2054 (put 8/1/<br> 2030)  | 3000 | 3243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Community Facs. Dist. No. 2023-1 (Rienda Phase 2B), Special Tax Bonds, Series 2023-A, <br> 5.50% 8/15/2038  | 450 | 478 |
| Palo Alto Unified School Dist., GO Bonds, CAB, 2008 Election, Series 2008, 0% 8/1/2032  | 3000 | 2515 |
| Public Fin. Auth., Senior Living Rev. Bonds (The James), Series 2024-A, 5.875% 6/1/2039 <sup>(a)</sup>  | 2335 | 2326 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Works Board, Lease Rev. Bonds (Dept. of General Services, May Lee State Office Complex), Series 2024-A, <br> 5.00% 4/1/2041  | 820 | 893 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2024-C, 5.00% 9/1/2027  | 1065 | 1119 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2023-C, 5.00% 9/1/2035  | 1050 | 1200 |
| Public Works Board, Lease Rev. Ref. Bonds (Various Capital Projects), Series 2021-B, 4.00% 5/1/2041  | 1405 | 1406 |
| Rialto Unified School Dist., GO Bonds, 2022 Election, Series 2023, BAM, 0% 8/1/2028  | 115 | 107 |
| Rialto Unified School Dist., GO Bonds, 2022 Election, Series 2023, BAM, 0% 8/1/2029  | 140 | 126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; River Islands Public Fncg. Auth., Community Facs. Dist. No. 2023-1 (Public Facs.), Special Tax Bonds, Series 2024, <br> 4.50% 9/1/2044  | 215 | 205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Riverside, Successor Agcy. to the Redev. Agcy., Tax Allocation Rev. Ref. Bonds (Jurupa Valley Redev. <br> Project Area), Series 2015-B, AGI, 5.00% 10/1/2027  | 1000 | 1013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Roseville, Creekview Community Facs. Dist. No. 1 (Public Facs.) Improvement Area No. 2, Special Tax <br> Bonds, Series 2024, 5.00% 9/1/2044  | 1420 | 1435 |
| Rowland Unified School Dist., GO Bonds, CAB, 2006 Election, Series 2009-B, 0% 8/1/2034  | 500 | 363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sacramento, Community Drainage Facs. Dist. No. 97-1 (North Natomas), Special Tax Bonds, Series 2015, <br> 5.00% 9/1/2028  | 1000 | 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sacramento, Community Drainage Facs. Dist. No. 97-1 (North Natomas), Special Tax Bonds, Series 2015, <br> 5.00% 9/1/2035  | 2250 | 2253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax <br> Bonds, Series 2024, 5.00% 9/1/2032  | 1070 | 1159 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sacramento, Community Facs. Dist. No. 2018-03 (Greenbriar), Improvement Area No. 2, Special Tax <br> Bonds, Series 2024, 5.00% 9/1/2034  | 515 | 559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sacramento, Community Facs. Dist. No. 2019-01 (Delta Shores), Improvement Area No. 1, Special Tax <br> Bonds, Series 2024, 5.00% 9/1/2040  | 1920 | 2000 |
| County of Sacramento, Airport System Rev. Bonds, Series 2025-A, AMT, 5.00% 7/1/2035  | 5645 | 6281 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Sacramento, Community Facs. Dist. No. 2005-2 (North Vineyard Station No. 1), Special Tax Bonds, <br> Series 2016, 5.00% 9/1/2045  | 2000 | 2005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Diego Unified School Dist., GO Dedicated Unlimited Ad Valorem Property Tax Bonds, 2008 Election, Series <br> 2012-E, 0% 7/1/2034  | 750 | 565 |

---

Capital Group Municipal Income ETF — Page 6 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **California (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, <br> Series 2023-C, AMT, 5.00% 5/1/2033  | USD1,030 | $1144 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, <br> Series 2021-A-2, AMT, 5.00% 5/1/2036  | 6985 | 7442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, <br> Series 2024-A-2, AMT, 5.00% 5/1/2036  | 3660 | 3993 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Airport Commission, San Francisco International Airport, Rev. Ref. Bonds, <br> Series 2019-A-2, AMT, 5.00% 5/1/2044  | 500 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Community Facs. Dist. No. 2016-1 (Treasure Island), Improvement Area No. 2, <br> Special Tax Bonds, Series 2023-A, 5.00% 9/1/2033 <sup>(a)</sup>  | 795 | 865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Community Facs. Dist. No. 2016-1 (Treasure Island), Improvement Area No. 2, <br> Special Tax Bonds, Series 2023-A, 5.00% 9/1/2038 <sup>(a)</sup>  | 710 | 747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Public Utilities Commission, San Francisco Water Rev. Bonds, Series 2025-F, <br> 5.00% 11/1/2040  | 555 | 659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of San Francisco, Special Tax Dist. No. 2020-1 (Mission Rock Facs. and Services), Shoreline <br> Special Tax Bonds, Series 2023-C, 5.25% 9/1/2038 <sup>(a)</sup>  | 875 | 931 |
| San Francisco Community College Dist., GO Bonds, 2020 Election, Series 2020-A, 3.00% 6/15/2045  | 1000 | 793 |
| San Jacinto Unified School Dist., GO Bonds, 2016 Election, Series 2022, 4.00% 8/1/2043  | 1105 | 1093 |
| City of San Jose, Airport Rev. Ref. Bonds, Series 2017-A, AMT, 5.00% 3/1/2041  | 1500 | 1508 |
| City of San Jose, Multi Family Housing Rev. Bonds (Parkmoor), Series 2023-F-2, 5.00% 6/1/2027 (put 6/1/2026)  | 215 | 218 |
| San Mateo Community College Dist., GO Bonds, CAB, 2005 Election, Series 2006-B, NATL, 0% 9/1/2031  | 7500 | 6461 |
| Southern California Public Power Auth., Ref. Rev. Bonds (Apex Power Project), Series 2024-A, 5.00% 7/1/2036  | 500 | 570 |
| Southern California Public Power Auth., Ref. Rev. Bonds (Apex Power Project), Series 2024-A, 5.00% 7/1/2034  | 4000 | 4587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southern California Public Power Auth., Rev. Bonds (Southern Transmission System Renewal Project), Series <br> 2025-1, BAM, 5.25% 7/1/2045  | 385 | 416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southern California Public Power Auth., Rev. Bonds (Southern Transmission System Renewal Project), Series <br> 2024-1, 5.00% 7/1/2053  | 750 | 771 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southern California Public Power Auth., Rev. Ref. Bonds (Milford Wind Corridor Phase I Project), Series 2019-1, <br> 5.00% 7/1/2029  | 520 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Multi Family Housing Rev. Bonds (Vintage at Folsom), Series 2024-E-2, 5.00% <br> 10/1/2028 (put 10/1/2027)  | 55 | 57 |
| Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Foundation Hospitals), Series 2025-B, 5.00% 10/1/2032 <sup>(a)</sup>  | 7000 | 7956 |
| Statewide Communities Dev. Auth., Rev. Bonds (Kaiser Foundation Hospitals), Series 2025-B, 5.00% 10/1/2035 <sup>(a)</sup>  | 7200 | 8273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Statewide Communities Dev. Auth., Student Housing Rev. Ref. Bonds (CHF-Irvine, LLC - University of California, <br> Irvine East Campus Apartments, Phase I Ref. and Phase IV-B), Series 2021, BAM, 5.00% 5/15/2027  | 500 | 518 |
| Stockton Unified School Dist., GO Bonds, 2018 Election, Series 2021-B, AGI, 4.00% 8/1/2040  | 2225 | 2249 |
| Stockton Unified School Dist., GO Bonds, CAB, 2008 Election, Series 2011-D, AGI, 0% 8/1/2033  | 1000 | 792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tejon Ranch Public Facs. Fncg. Auth., Community Facs. Dist. No. 2008-1, Special Tax Rev. Ref. Bonds (Tejon Ranch <br> Industrial Complex Public Improvements - East), Series 2024-A, 5.00% 9/1/2042  | 845 | 870 |
| Township of Washington, Health Care Dist., GO Bonds, 2020 Election, Series 2013-A, 5.00% 8/1/2043  | 5125 | 5126 |
| Regents of the University of California, General Rev. Bonds, Series 2022-BK, 5.00% 5/15/2032  | 1530 | 1785 |
| Regents of the University of California, General Rev. Bonds, Series 2024-BV, 5.00% 5/15/2035  | 1250 | 1472 |
| Regents of the University of California, General Rev. Bonds, Series 2025-CC, 5.00% 5/15/2042  | 1240 | 1370 |
| Various Purpose GO Bonds, Series 2025, 5.00% 10/1/2031  | 2500 | 2852 |
| Various Purpose GO Bonds, Series 2025, 5.00% 8/1/2039  | 1485 | 1678 |
| Various Purpose GO Bonds, Series 2025, 5.00% 3/1/2042  | 2000 | 2192 |
| Various Purpose GO Bonds, Series 2025, 5.00% 8/1/2042  | 2735 | 3007 |
| Various Purpose GO Bonds, Series 2025, 5.00% 8/1/2050  | 2045 | 2176 |
| Various Purpose GO Rev. Ref. Bonds, Series 2024, 5.00% 9/1/2028  | 1000 | 1076 |
| Various Purpose GO Rev. Ref. Bonds, Series 2024, 5.00% 8/1/2032  | 5650 | 6507 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025, 5.00% 3/1/2035  | 1000 | 1173 |
| West Contra Costa Unified School Dist., GO Rev. Ref. Bonds, CAB, Series 2010-D-2, AGI, 0% 8/1/2036  | 1995 | 1354 |
| Whittier Union High School Dist., GO Rev. Ref. Bonds, CAB, Series 2016, 0% 8/1/2032  | 750 | 604 |
|  |  | 315375 |

---

Capital Group Municipal Income ETF — Page 7 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Colorado 3.21%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Adams, Buffalo Highlands Metropolitan Dist., Limited Tax G.O Rev. Ref. and Improvement Bonds, <br> Series 2018-A, 5.25% 12/1/2038  | USD628 | $629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Adams, Lakeridge Metropolitan Dist. No. 2, Rev. Ref. G.O and Improvement Bonds, Series 2019, 5.25% <br> 12/1/2048  | 1395 | 1339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Adams, The Village at Dry Creek Metropolitan Dist. No. 2, Limited Tax GO and Special Rev. Bonds, <br> Series 2019, 4.375% 12/1/2044  | 665 | 638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Arvada, Mountain Shadows Metropolitan Dist., Limited Tax GO Rev. Ref. and Improvement Bonds, Series <br> 2016, 5.00% 12/1/2035  | 733 | 734 |
| Bridge and Tunnel Enterprise, Infrastructure Rev. Bonds, Series 2024-A, AGI, 5.00% 12/1/2041  | 750 | 810 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Brighton, Brighton Crossing Metropolitan Dist. No. 6, Limited Tax GO Bonds, Series 2020-A, 5.00% 12/1/<br> 2035  | 530 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of Broomfield, Baseline Metropolitan Dist. No. 1, Special Rev. Ref. and Improvement Bonds, <br> Series 2024-A, AGI, 5.00% 12/1/2032  | 835 | 919 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2030  | 1000 | 1001 |
| City of Centennial, Southglenn Metropolitan Dist., Special Rev. Ref. Bonds, Series 2016, 5.00% 12/1/2046  | 1457 | 1361 |
| Certs. of Part., Series 2018-A, 5.00% 12/15/2026  | 1870 | 1927 |
| Commerce City, Reunion Metropolitan Dist., Special Rev. Bonds, Series 2021-A, 3.625% 12/1/2044  | 703 | 507 |
| City and County of Denver, Airport System Rev. Bonds, Series 2022-A, AMT, 5.00% 11/15/2028  | 1250 | 1334 |
| City and County of Denver, Airport System Rev. Bonds, Series 2022-A, AMT, 5.00% 11/15/2033  | 12390 | 13660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of Denver, Broadway Park North Metropolitan Dist. No. 2, Limited Tax GO Rev. Ref. and <br> Improvement Bonds, Series 2020, 5.00% 12/1/2040 <sup>(a)</sup>  | 835 | 817 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of Denver, Certs. of Part. (Wellington E. Webb Municipal Office Building), Series 2023, 5.00% 12/<br> 1/2025  | 1375 | 1380 |
| City and County of Denver, Dept. of Aviation, Airport System Rev. Bonds, Series 2018-A, AMT, 5.00% 12/1/2030  | 1105 | 1212 |
| City and County of Denver, Dept. of Aviation, Airport System Rev. Bonds, Series 2018-A, AMT, 5.00% 12/1/2032  | 5000 | 5237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of Denver, Park Creek Metropolitan Dist., Limited Property Tax Supported Rev. Ref. Bonds, Series <br> 2015-A, 5.00% 12/1/2045  | 6000 | 5996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Douglas, Crystal Crossing Metropolitan Dist., Limited Tax Rev. Ref. GO Bonds, Series 2016, 5.25% 12/<br> 1/2040  | 1545 | 1546 |
| E-470 Public Highway Auth., Rev. Bonds, CAB, Series 2004-A, NATL, 0% 9/1/2027  | 500 | 476 |
| E-470 Public Highway Auth., Rev. Bonds, Series 2024-A, 5.00% 9/1/2040  | 1395 | 1517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Eagle, The Village Metropolitan Dist., Special Rev. and Limited Property Tax Rev. Ref. and Improvement <br> Bonds, Series 2020, 5.00% 12/1/2049  | 1750 | 1746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Ascent Classical Academy Charter Schools, Inc. <br> Project), Series 2024, 5.25% 4/1/2039 <sup>(a)</sup>  | 1500 | 1501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Educational and Cultural Facs. Auth., Charter School Rev. Bonds (Ascent Classical Academy Charter Schools, Inc. <br> Project), Series 2024, 5.50% 4/1/2044 <sup>(a)</sup>  | 375 | 370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Elbert, Elbert and Highway 86 Commercial Metropolitan Dist., Special Rev. and Tax Supported Rev. Ref. <br> and Improvement Bonds, Series 2021-A, 5.00% 12/1/2041 <sup>(a)</sup>  | 570 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Elbert, Independence Metropolitan Dist. No. 3, Limited Tax GO and Special Rev. Ref. and Improvement <br> Bonds, Series 2024-A, 5.375% 12/1/2054  | 2000 | 1968 |
| Town of Erie, Westerly Metropolitan Dist. No. 4, Limited Tax GO Bonds, Series 2021-A-1, 5.00% 12/1/2040  | 1875 | 1831 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Auth., Hospital Rev. Bonds (AdventHealth Obligated Group), Series 2025-A, 5.00% 11/15/2060 (put <br> 11/15/2030)  | 3240 | 3540 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Auth., Hospital Rev. Bonds (Adventist Health System/Sunbelt Obligated Group), Series 2016-A, <br> 5.00% 11/15/2041  | 6000 | 6028 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-2, 5.00% 8/1/2026  | 200 | 203 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2024-A, 5.00% 12/1/2034  | 8000 | 8896 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-1, 4.00% 8/1/2039  | 1095 | 1069 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-2, 5.00% 8/1/2039  | 2125 | 2194 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.00% 12/1/2034  | 825 | 905 |
| Health Facs. Auth., Rev. Bonds (Covenant Living Communities and Services), Series 2025-A, 5.00% 12/1/2035  | 750 | 817 |
| Health Facs. Auth., Rev. Bonds (Sanford), Series 2019-A, 4.00% 11/1/2039  | 2445 | 2370 |
| Health Facs. Auth., Rev. Ref. Bonds (Christian Living Neighborhoods Project), Series 2016, 5.00% 1/1/2031  | 500 | 501 |
| Health Facs. Auth., Rev. Ref. Bonds (Covenant Retirement Communities, Inc.), Series 2018-A, 5.00% 12/1/2043  | 2500 | 2505 |

---

Capital Group Municipal Income ETF — Page 8 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Colorado (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Facs. Auth., Rev. Ref. Bonds (Sisters of Charity of Leavenworth Health System), Series 2019-A, 4.00% <br>1/1/2037  | USD5,000 | $5021 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2019-C, Class I, 4.25% 5/1/2049  | 1650 | 1664 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2021-H, Class I, 3.00% 11/1/2051  | 3650 | 3602 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2021-L, Class I, 3.25% 11/1/2051  | 4085 | 4058 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2023-I, Class III, 6.00% 5/1/2053  | 7730 | 8444 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2023-O, Class III, 6.50% 5/1/2054  | 1060 | 1175 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-B, Class I, 5.75% 11/1/2054  | 5960 | 6615 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-J, Class III, 6.25% 5/1/2055  | 5040 | 5683 |
| Housing and Fin. Auth., Single Family Mortgage Bonds, Series 2025-M, Class I, 6.25% 11/1/2055  | 2945 | 3301 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Town of Johnstown, Thompson Crossing Metropolitan Dist. No. 4, Limited Tax GO Rev. Ref. and Improvement <br> Bonds (Convertible to Unlimited Tax), Series 2019, 5.00% 12/1/2039  | 900 | 901 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kinston Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. and Improvement Bonds, Series 2025-A, 5.00% <br> 12/1/2035 <sup>(a)</sup>  | 1000 | 1028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lone Tree, Rampart Range Metropolitan Dist. No. 5, Limited Tax Supported and Special Rev. Bonds, Series <br> 2021, 4.00% 12/1/2036  | 500 | 476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lone Tree, Rampart Range Metropolitan Dist. No. 5, Limited Tax Supported and Special Rev. Bonds, Series <br> 2021, 4.00% 12/1/2051  | 4200 | 3415 |
| Nine Mile Metropolitan Dist., Special Rev. Bonds, Series 2020, 5.125% 12/1/2040  | 1000 | 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Range Metropolitan Dist. No. 2, Limited Tax GO and Special Rev. Ref. and Improvement Bonds, Series <br> 2017-A, 5.625% 12/1/2037  | 625 | 625 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regional Transportation Dist., Private Activity Bonds (Denver Transit Partners Eagle P3 Project), Series 2020-A, <br> 4.00% 7/15/2033  | 500 | 516 |
| Talon Pointe Metropolitan Dist., GO Rev. Ref. and Improvement Bonds, Series 2019-A, 5.25% 12/1/2039  | 950 | 762 |
| City of Thornton, Creekside Village Metropolitan Dist., Limited Tax GO Bonds, Series 2019-A, 5.00% 12/1/2039  | 500 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Timnath Lakes Metropolitan Dist. No. 1, GO Limited Tax Rev. Ref. and Improvement Bonds, Convertible CAB, <br> Series 2022-A, 0% 12/1/2052 <sup>(c)</sup>  | 1314 | 967 |
| Regents of the University of Colorado, University Enterprise Rev. Ref. Bonds, Series 2017-A-2, 4.00% 6/1/2039  | 1200 | 1204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regents of the University of Colorado, University Enterprise Rev. Ref. Bonds, Series 2017-A-2, 4.00% 6/1/2039 <br> (escrowed to maturity)  | 300 | 316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Town of Windsor, Great Western Metropolitan Dist. No. 5, Limited Tax GO Rev. Ref. Bonds, Series 2020, 4.75% <br> 12/1/2050  | 500 | 433 |
|  |  | 132271 |
| **Connecticut 0.45%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Bridgeport, Steel Point Infrastructure Improvement Dist., Special Obligation Rev. Bonds (Steelpointe <br> Harbor Project), Series 2021, 4.00% 4/1/2031 <sup>(a)</sup>  | 400 | 407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Rev. Bonds (Connecticut Children's Medical Center Issue), Series 2023-E, <br> 5.00% 7/15/2038  | 555 | 594 |
| Health and Educational Facs. Auth., Rev. Bonds (Quinnipiac University Issue), Series 2015-L, 5.00% 7/1/2030  | 1140 | 1140 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Rev. Bonds (Yale University Issue), Series 2025-B-2, 5.00% 7/1/2064 (put 7/1/<br> 2032)  | 1555 | 1769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Higher Education Supplemental Loan Auth., Rev. Bonds (Chesla Loan Program), Series 2024-B, AMT, 4.125% 11/<br> 15/2040  | 770 | 753 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2018-E-1, 4.25% 5/15/2042  | 210 | 212 |
| Housing Fin. Auth., Housing Mortgage Fin. Program Bonds, Series 2022-A-1, 3.50% 11/15/2051  | 1725 | 1724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Rev. Ref. Bonds, Series 2015-C, 6.25% <br> 2/1/2030 <sup>(a)</sup>  | 1000 | 1005 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mohegan Tribe of Indians, Gaming Auth., Priority Distribution Payment Rev. Ref. Bonds, Series 2015-A, 6.75% <br> 2/1/2045 <sup>(a)</sup>  | 304 | 307 |
| Special Tax Obligation Bonds (Transportation Infrastructure Purposes), Series 2023-A, 5.00% 7/1/2031  | 1180 | 1337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Stamford, Harbor Point Infrastructure Improvement Dist., Special Obligation Rev. Ref. Bonds (Harbor Point <br> Project), Series 2017, 5.00% 4/1/2039 <sup>(a)</sup>  | 1500 | 1518 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-C, 4.75% 10/1/2032  | 3035 | 3129 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-B, 5.375% 10/1/2033  | 2465 | 2493 |

---

Capital Group Municipal Income ETF — Page 9 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Connecticut (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 5.50% 10/1/2035  | USD1,000 | $1037 |
| City of Stamford, Housing Auth. Rev Bonds (Mozaic Concierge Living Project), Series 2025-A, 6.00% 10/1/2040  | 1000 | 1032 |
|  |  | 18457 |
| **Delaware 0.08%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Auth., Charter School Rev. Bonds (First State Montessori Academy, Inc. Project), Series 2019-A, 4.00% <br> 8/1/2029  | 275 | 276 |
| Econ. Dev. Auth., Gas Facs. Rev. Ref. Bonds (Delmarva Power & Light Co. Project), Series 2020-A, 3.60% 1/1/2030  | 2145 | 2224 |
| GO Bonds, Series 2021, 2.00% 2/1/2036  | 1000 | 827 |
| GO Rev. Ref. Bonds, Series 2023-B, 5.00% 8/1/2026  | 150 | 153 |
|  |  | 3480 |
| **District of Columbia 1.21%** |  |  |
| GO Rev. Ref. Bonds, Series 2024-B, 5.00% 8/1/2034  | 3055 | 3551 |
| Hospital Rev. Ref. Bonds (Children's Hospital Obligated Group Issue), Series 2015, 5.00% 7/15/2044  | 1000 | 1002 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (Belmont Crossing Phase II), Series 2025, <br> 5.00% 3/1/2029 (put 2/1/2028)  | 460 | 481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Collateralized Multi Family Housing Rev. Bonds (The Edmonson), Series 2024, 5.00% <br> 12/1/2028 (put 12/1/2027)  | 1000 | 1046 |
| Income Tax Secured Rev. Bonds, Series 2020-C, 5.00% 5/1/2037  | 1340 | 1435 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2041  | 4125 | 4490 |
| Income Tax Secured Rev. Ref. Bonds, Series 2025-A, 5.00% 6/1/2042  | 1640 | 1768 |
| Metropolitan Area Transit Auth., Dedicated Rev. Bonds, Series 2020-A, 4.00% 7/15/2040  | 750 | 748 |
| Metropolitan Area Transit Auth., Dedicated Rev. Bonds, Series 2020-A, 5.00% 7/15/2045  | 660 | 680 |
| Metropolitan Area Transit Auth., Dedicated Rev. Green Bonds, Series 2021-A, 4.00% 7/15/2034  | 1210 | 1260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2021-A, AMT, 5.00% <br> 10/1/2025  | 1080 | 1080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2019-A, AMT, 5.00% <br> 10/1/2028  | 5000 | 5320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. and Rev. Ref. Bonds, Series 2025-A, AMT, 5.25% <br> 10/1/2041  | 1000 | 1083 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2020-B, AMT, 5.00% <br>10/1/2027  | 1910 | 1994 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/<br> 2030  | 1155 | 1267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2020-A, AMT, 5.00% 10/1/<br> 2031  | 4270 | 4643 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2022-A, AMT, 5.00% 10/1/<br> 2031  | 720 | 796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 10/1/<br> 2032  | 1015 | 1031 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/<br> 2033  | 6275 | 7013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2016-A, AMT, 5.00% 10/1/<br> 2035  | 1000 | 1011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington DC Airports Auth., Airport System Rev. Ref. Bonds, Series 2023-A, AMT, 5.25% 10/1/<br> 2043  | 1000 | 1042 |
| Rev. Bonds (Friendship Public Charter School, Inc. Issue), Series 2016-A, 5.00% 6/1/2041  | 1000 | 1000 |
| Water and Sewer Auth., Public Utility Rev. Ref. Bonds, Series 2024-A, 5.00% 10/1/2038  | 290 | 323 |
| Water and Sewer Auth., Public Utility Rev. Ref. Bonds, Series 2025-A, 5.00% 10/1/2043  | 2500 | 2671 |
| Water and Sewer Auth., Public Utility Sub Lien Rev. Ref. Bonds, Series 2014-C, 4.00% 10/1/2041  | 3045 | 2977 |
|  |  | 49712 |

---

Capital Group Municipal Income ETF — Page 10 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Florida 4.56%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Alachua, Health Facs. Auth., Health Facs. Rev. and Rev. Ref. Bonds, Series 2025-A, AGI, 5.00% <br>12/1/2035  | USD1,000 | $1122 |
| County of Alachua, Health Facs. Auth., Health Facs. Rev. Ref. Bonds, Series 2019-B-1, 5.00% 12/1/2031  | 1815 | 1939 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2030  | 435 | 449 |
| City of Atlantic Beach, Health Care Facs. Rev. Bonds (Fleet Landing Project), Series 2018-A, 5.00% 11/15/2031  | 460 | 474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Balm Grove Community Dev. Dist., Special Assessment Bonds (Series 2022 Project), Series 2022, 4.00% 11/1/<br> 2042  | 1975 | 1740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Broward, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Pinnacle 441 Phase 2), Series 2023, <br> 4.05% 9/1/2056 (put 3/1/2026)  | 480 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Broward, Housing Fin. Auth., Multi Family Housing Rev. Bonds (Tequesta Reserve), Series 2024, 3.15% <br> 3/1/2028 (put 3/1/2027)  | 865 | 867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Agcy., Educational Facs. Rev. Bonds (Renaissance Charter School), Series 2017-A, 4.375% <br>6/15/2027 <sup>(a)</sup>  | 280 | 280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Agcy., Educational Facs. Rev. Bonds (Viera Charter Schools, Inc. Project), Series 2017-A, 4.00% <br> 10/15/2029 <sup>(a)</sup>  | 400 | 401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Agcy., Senior Rev. Bonds (Educational Growth Fund, LLC Charter School Portfolio Projects), Series <br> 2021-A-1, 3.375% 7/1/2031 <sup>(a)</sup>  | 425 | 411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Auth., Charter School Rev. Bonds (Mason Classical Academy Project), Series 2024-A, 5.00% <br> 6/1/2039 <sup>(a)</sup>  | 2010 | 1951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Plato Academy Schools Project), Series 2024-A, <br> 5.00% 12/15/2044  | 950 | 895 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (UF Health Projects), Series 2025-A, 5.00% 12/1/<br> 2032  | 4450 | 4945 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Auth., Health Care Facs. Rev. and Rev. Ref. Bonds (UF Health Projects), Series 2025-A, 5.00% 12/1/<br> 2035  | 1410 | 1566 |
| Central Florida Expressway Auth., Rev. Bonds, Series 2019-B, 5.00% 7/1/2030  | 1425 | 1554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Counties of Charlotte and Lee, Babcock Ranch Community Independent Special Dist., Special Assessment Rev. <br> Bonds, Series 2024, 5.00% 5/1/2044 <sup>(a)</sup>  | 220 | 216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Corp., Educational Facs. Rev. Bonds (Brightline Florida Passenger Rail Project), Series 2024, AGI, AMT, <br> 5.25% 7/1/2047  | 5000 | 4924 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Cornerstone Classical Academy), Series 2024-A, 5.00% 6/1/2034 <sup>(a)</sup>  | 595 | 608 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2020-A, 5.00% 6/15/2035  | 1000 | 1014 |
| Dev. Fin. Corp., Educational Facs. Rev. Bonds (Mater Academy Projects), Series 2022-A, 5.00% 6/15/2036  | 1325 | 1340 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Corp., Educational Facs. Rev. Bonds (Renaissance Charter School, Inc. Projects), Series 2023-A, 6.50% <br> 6/15/2038 <sup>(a)</sup>  | 1000 | 1069 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2020-C, 5.00% <br>9/15/2040 <sup>(a)</sup>  | 375 | 350 |
| Dev. Fin. Corp., Healthcare Facs. Rev. Bonds (Renaissance Charter School, Inc.), Series 2025, 6.00% 6/15/2045 <sup>(a)</sup>  | 2250 | 2316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (GFL Solid Waste Southeast LLC Project), Series 2024-A, AMT, <br> 4.375% 10/1/2054 (put 10/1/2031) <sup>(a)</sup>  | 7900 | 7980 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2025-A, AMT, 3.40% <br> 9/1/2050 (put 9/1/2028)  | 4560 | 4560 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2019, AMT, 5.00% <br>5/1/2029 <sup>(a)</sup>  | 1000 | 1013 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2017, AMT, 5.25% 8/1/2029  | 2000 | 2081 |
| Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2021, AMT, 3.00% 6/1/2032  | 5000 | 4566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Corp., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023, AMT, 6.125% <br> 7/1/2032 (put 7/1/2026) <sup>(a)</sup>  | 1375 | 1389 |
| Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 2019-A, AMT, 5.00% 10/1/2028  | 5000 | 5324 |
| Greater Orlando Aviation Auth., Airport Facs. Rev. Bonds, Series 202-A, AMT, 5.00% 10/1/2029  | 1350 | 1460 |
| Harbor Bay Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019-A-1, 3.875% 5/1/2039  | 1000 | 937 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2032  | 680 | 740 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2034  | 715 | 778 |
| City of Hialeah, Two Lakes Community Dev. Dist., Special Assessment Bonds, Series 2024, 5.00% 5/1/2044  | 250 | 253 |

---

Capital Group Municipal Income ETF — Page 11 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Florida (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% <br>10/1/2029  | USD2,870 | $3094 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% <br>10/1/2031  | 8420 | 9343 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Hillsborough, Aviation Auth., Tampa International Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 10/1/<br> 2038  | 1525 | 1650 |
| Hobe-St. Lucie Conservancy Dist., Improvement Bonds (Unit of Dev. No. 1A), Series 2024, 4.75% 5/1/2031  | 590 | 615 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2018-1, 4.00% 7/1/2049  | 140 | 140 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2018-2, 4.25% 1/1/2050  | 1550 | 1561 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-3, 5.75% 1/1/2054  | 970 | 1058 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-5, 6.25% 1/1/2054  | 1795 | 1991 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2023-1, 5.25% 7/1/2054  | 1325 | 1390 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-3, 6.25% 1/1/2055  | 1155 | 1268 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-5, 6.25% 1/1/2055  | 145 | 160 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2024-1, 6.25% 7/1/2055  | 940 | 1050 |
| Housing Fin. Corp., Homeowner Mortgage Rev. Bonds, Series 2025-1, 6.25% 1/1/2056  | 2505 | 2786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Corp., Multi Family Mortgage Rev. Bonds (Residences at Marina Village), Series 2025-S, 2.85% <br> 10/1/2043 (put 10/1/2028)  | 2015 | 2007 |
| JEA, Electric System Rev. Bonds, Series 2017-B-3, 5.00% 10/1/2028  | 3070 | 3217 |
| JEA, Electric System Rev. Bonds, Series 2024-A-3, AGI, 5.00% 10/1/2033  | 2760 | 3175 |
| JEA, Electric System Rev. Bonds, Series 2024-A-3, AGI, 5.00% 10/1/2034  | 1240 | 1434 |
| JEA, Water and Sewer System Rev. Bonds, Series 2025-A, 5.00% 10/1/2041  | 1500 | 1624 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Indigo Expansion Area Project), Series 2019, <br> 3.75% 5/1/2039 <sup>(a)</sup>  | 905 | 838 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood Ranch Southeast Project), Series <br> 2025, 5.00% 5/1/2035  | 2325 | 2363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Lakewood Ranch Southeast Project), Series <br> 2025, 5.50% 5/1/2040  | 1785 | 1829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds (Northeast Sector Project - Phase 2B), Series <br> 2020, 3.75% 5/1/2040 <sup>(a)</sup>  | 485 | 436 |
| County of Lee, Airport Rev. Bonds, Series 2024, AMT, 5.25% 10/1/2041  | 1635 | 1740 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Lee, Industrial Dev. Auth., Healthcare Facs. Rev. Ref. Bonds (Lee Health System, Inc.), Series 2019-A-1, <br> 4.00% 4/1/2037  | 2500 | 2456 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Local Government Fin. Commission, Educational Facs. Rev. Bonds (Bridgeprep Academy Projects), Series <br> 2025-A, 5.50% 6/15/2040 <sup>(a)</sup>  | 3300 | 3363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Local Government Fin. Commission, Educational Facs. Rev. Bonds (Bridgeprep Academy Projects), Series <br> 2025-A, 6.00% 6/15/2045 <sup>(a)</sup>  | 1030 | 1049 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Local Government Fin. Commission, Senior Living Rev. Bonds (Fleet Landing at Nocatee Project), Series 2025B-1, <br> 4.20% 11/15/2030 <sup>(a)</sup>  | 5945 | 5989 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Local Government Fin. Commission, Senior Living Rev. Bonds (Fleet Landing at Nocatee Project), Series 2025-A, <br> 6.625% 11/15/2045 <sup>(a)</sup>  | 3000 | 3122 |
| LT Ranch Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019, 4.00% 5/1/2040  | 1410 | 1320 |
| LT Ranch Community Dev. Dist., Capital Improvement Rev. Bonds, Series 2019, 4.00% 5/1/2050  | 2000 | 1658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Counties of Manatee and Sarasota, Lakewood Ranch Stewardship Dist., Special Assessment Rev. Bonds <br> (Lakewood Centre North), Series 2015, 4.875% 5/1/2045  | 1000 | 964 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Miami, Midtown Miami Community Dev. Dist., Special Assessment and Rev. Ref. Bonds (Infrastructure <br> Project), Series 2014-B, 5.00% 5/1/2029  | 505 | 505 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2028  | 2250 | 2391 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2024-A, AMT, 5.00% 10/1/2032  | 10000 | 11124 |
| County of Miami-Dade, Aviation Rev. Ref. Bonds, Series 2017-B, AMT, 5.00% 10/1/2040  | 8990 | 9080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, <br> 3.25% 5/1/2026  | 500 | 498 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Miami-Dade, Sawyers Landing Community Dev. Dist., Special Assessment Rev. Bonds, Series 2021, <br> 4.125% 5/1/2041  | 360 | 328 |

---

Capital Group Municipal Income ETF — Page 12 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Florida (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Loan Council, Capital Improvement Rev. Bonds (Shingle Creek Transit and Utility Community Dev. Dist. <br> Series), Series 2024, AMT, 5.15% 5/1/2044  | USD140 | $141 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2034  | 1690 | 1873 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2037  | 2945 | 3165 |
| North Miami Community Redev. Agcy., Redev. Rev. Bonds, Series 2024, 5.00% 3/1/2038  | 1095 | 1168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Health Facs. Auth., Health Care Facs. Rev. Bonds (Presbyterian Retirement Communities <br> Project), Series 2015, 5.00% 8/1/2028  | 1250 | 1252 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Orange, Health Facs. Auth., Hospital Rev. Bonds (Orlando Health Obligated Group), Series 2025-A, <br> 5.00% 10/1/2041  | 2600 | 2778 |
| Orlando Utilities Commission, Utility System Rev. Ref. Bonds, Series 2024-B, 5.00% 10/1/2036  | 1585 | 1800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Palm Beach, Health Facs. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2018-A, 5.00% 11/15/2045  | 1250 | 1244 |
| City of Pompano Beach, Rev. Bonds (John Knox Village Project), Series 2015, 5.00% 9/1/2044  | 3230 | 3103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Port St. Lucie, Tradition Community Dev. Dist. No. 9, Special Assessment Bonds (Community <br> Infrastructure), Series 2025, 4.35% 5/1/2032  | 535 | 550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series <br> 2022-B, 3.00% 5/1/2032  | 1500 | 1416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series <br> 2022-B, 3.25% 5/1/2040  | 1650 | 1371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Counties of St. Johns and Duval, Tolomato Community Dev. Dist., Special Assessment Rev. Ref. Bonds, Series <br> 2022-C, 3.40% 5/1/2040  | 4000 | 3355 |
| Dept. of Transportation, Turnpike Rev. Bonds, Series 2024-B, 4.00% 7/1/2045  | 890 | 844 |
| Dept. of Transportation, Turnpike Rev. Ref. Bonds, Series 2017-A, 5.00% 7/1/2026  | 1130 | 1152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2024-B-3, <br> 4.25% 1/1/2030 <sup>(a)</sup>  | 495 | 497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2024-B-2, <br> 4.50% 1/1/2030 <sup>(a)</sup>  | 440 | 441 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Venice, Retirement Community Rev. Improvement Bonds (Village on the Isle Project), Series 2024-B-1, <br> 4.625% 1/1/2030 <sup>(a)</sup>  | 375 | 376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Wildwood, Village Community Dev. Dist. No. 12, Special Assessment Rev. Bonds, Series 2018, 4.25% 5/1/<br> 2043  | 4605 | 4288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2020, 3.25% <br> 5/1/2051 <sup>(a)</sup>  | 1200 | 1025 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Wildwood, Village Community Dev. Dist. No. 13, Special Assessment Rev. Bonds, Series 2020, 3.50% <br> 5/1/2051 <sup>(a)</sup>  | 3500 | 2671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 3.75% <br> 5/1/2029 <sup>(a)</sup>  | 370 | 372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 4.00% <br> 5/1/2034 <sup>(a)</sup>  | 540 | 542 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Wildwood, Village Community Dev. Dist. No. 15, Special Assessment Rev. Bonds, Series 2024, 4.55% <br> 5/1/2044 <sup>(a)</sup>  | 2000 | 1905 |
|  |  | 187939 |
| **Georgia 2.46%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Athens Housing Auth. Rev. Bonds, (University of Georgia Project - Ugaref Lumpkin Street Housing Phase I, LLC), <br> Series 2024, 5.00% 6/15/2038  | 1245 | 1374 |
| City of Atlanta, Airport General Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2031  | 1000 | 1072 |
| City of Atlanta, Airport General Rev. Green Bonds, Series 2025-B, AMT, 5.00% 7/1/2039  | 2515 | 2680 |
| City of Atlanta, Airport General Rev. Green Bonds, Series 2025-B, AMT, 5.00% 7/1/2040  | 2565 | 2716 |
| City of Atlanta, Airport Passenger Fac. Charge and General Rev. Bonds, Series 2019-C, 5.00% 7/1/2038  | 3000 | 3136 |
| City of Atlanta, Airport Passenger Fac. Charge and General Rev. Bonds, Series 2019-D, AMT, 4.00% 7/1/2040  | 500 | 479 |
| City of Atlanta, Water and Wastewater Rev. Bonds, Series 2024, BAM, 5.00% 11/1/2032  | 4280 | 4915 |
| Augusta Dev. Auth., Rev. Bonds (AU Health System, Inc. Project), Series 2018, 4.00% 7/1/2038  | 460 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Burke, Dev. Auth., Pollution Control Rev. Bonds (Georgia Power Co. Plant Vogtle Project), Series <br> 2012-2, 3.30% 12/1/2049 (put 8/21/2029)  | 590 | 599 |

---

Capital Group Municipal Income ETF — Page 13 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Georgia (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Cobb, Dev. Auth., Educational Facs. Rev. Bonds (Mt. Bethel Christian Academy Project), Series 2023-A, <br> 6.25% 6/15/2055 <sup>(a)</sup>  | USD370 | $378 |
| City of Dalton, Combined Utilities Rev. Bonds, Series 2020, 5.00% 3/1/2032  | 1000 | 1084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Douglas, Housing Auth., Multi Family Housing Rev. Bonds (Astoria At Crystal Lake Project), Series <br> 2024-B, 5.00% 10/1/2028 (put 10/1/2027)  | 420 | 438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/<br> 2033  | 765 | 848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/<br> 2034  | 750 | 833 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/<br> 2035  | 810 | 892 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Fayette Dev., Auth. Rev. Bonds (United States Soccer Federation, Inc. Project), Series 2024, 5.00% 10/1/<br> 2042  | 1255 | 1300 |
| GO Bonds, Series 2022-A, 5.00% 7/1/2036  | 680 | 756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Griffin, Housing Auth., Multi Family Housing Rev. Bonds (Northside Hills Apartments Project), Series 2024, <br> 5.00% 5/1/2028 (put 11/1/2027)  | 8550 | 8908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lawrenceville, Housing Auth., Multi Family Housing Rev. Bonds (Applewood Towers Project), Series <br> 2024-B, 5.00% 10/1/2028 (put 10/1/2027)  | 312 | 325 |
| Main Street Natural Gas, Inc., Gas Project Rev. Bonds, Series 2007-A, 5.50% 9/15/2028  | 1000 | 1064 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2021-C, 4.00% 5/1/2052 (put 12/1/2028)  | 2695 | 2762 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 7/1/2052 (put 9/1/2027)  | 2750 | 2808 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2022-C, 4.00% 8/1/2052 (put 11/1/2027) <sup>(a)</sup>  | 7500 | 7547 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-B, 5.00% 7/1/2053 (put 3/1/2030)  | 3615 | 3891 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2023-C, 5.00% 9/1/2053 (put 12/1/2029)  | 4045 | 4341 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-A, 5.00% 5/1/2054 (put 9/1/2031)  | 2500 | 2707 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-B, 5.00% 12/1/2054 (put 3/1/2032)  | 7840 | 8541 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2024-C, 5.00% 12/1/2054 (put 12/1/2031)  | 2915 | 3160 |
| Main Street Natural Gas, Inc., Gas Supply Rev. Bonds, Series 2025-A, 5.00% 6/1/2055 (put 6/1/2032)  | 4850 | 5279 |
| Metropolitan Atlanta Rapid Transit Auth., Sales Tax Rev. Green Bonds, Series 2025-A, 5.00% 7/1/2045  | 1110 | 1183 |
| Municipal Electric Auth., General Resolution Projects Bonds, Series 2024-A, 5.00% 1/1/2033  | 1250 | 1410 |
| Municipal Electric Auth., Project One Bonds, Series 2020-A, 5.00% 1/1/2027  | 620 | 640 |
| Municipal Electric Auth., Project One Bonds, Series 2024-A, 5.00% 1/1/2033  | 3750 | 4231 |
| Municipal Electric Auth., Project One Bonds, Series 2020-A, 5.00% 1/1/2034  | 2330 | 2538 |
| Private Colleges and Universities Auth., Rev. Bonds (Emory University), Series 2022-A, 5.00% 9/1/2032  | 1545 | 1763 |
| Private Colleges and Universities Auth., Rev. Bonds (Emory University), Series 2025-A, 5.25% 9/1/2042  | 10000 | 11017 |
| County of Rockdale, Rev. Ref. Bonds (Pratt Paper (GA), LLC Project), Series 2018, AMT, 4.00% 1/1/2038 <sup>(a)</sup>  | 3500 | 3398 |
|  |  | 101466 |
| **Guam 0.22%** |  |  |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2029  | 2250 | 2381 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2030  | 1000 | 1072 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 5.00% 1/1/2031  | 1000 | 1086 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2021-F, 4.00% 1/1/2036  | 1200 | 1205 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.00% 1/1/2036  | 555 | 602 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.25% 1/1/2037  | 500 | 546 |
| Business Privilege Tax Rev. Ref. Bonds, Series 2025-G, 5.25% 1/1/2038  | 550 | 597 |
| GO Bonds, Series 2019, AMT, 5.00% 11/15/2031  | 345 | 364 |
| Limited Obligation Bonds (Section 30), Series 2016-A, 5.00% 12/1/2046  | 1355 | 1358 |
|  |  | 9211 |
| **Hawaii 0.31%** |  |  |
| Airports System Rev. Bonds, Series 2018-A, AMT, 5.00% 7/1/2029  | 500 | 526 |
| Airports System Rev. Bonds, Series 2020-A, AMT, 4.00% 7/1/2035  | 500 | 502 |
| Airports System Rev. Bonds, Series 2018-A, AMT, 5.00% 7/1/2035  | 1965 | 2028 |
| Airports System Rev. Bonds, Series 2025-C, AMT, 5.00% 7/1/2041  | 1500 | 1587 |

---

Capital Group Municipal Income ETF — Page 14 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Hawaii (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dept. of Budget and Fin., Special Purpose Rev. Ref. Bonds (Hawaiian Electric Co., Inc.), Series 2017-B, AMT, 4.00% <br> 3/1/2037  | USD1,505 | $1458 |
| GO Bonds, Series 2016-FG, 4.00% 10/1/2033  | 2000 | 2015 |
| Harbor System Rev. Bonds, Series 2020-A, AMT, 5.00% 7/1/2028  | 1000 | 1055 |
| City and County of Honolulu, GO Bonds (Honolulu Rail Transit Project), Series 2023-C, 3.00% 7/1/2034  | 1030 | 1014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City and County of Honolulu, Wastewater System Rev. Bonds (First Bond Resolution), Series 2025-A, 5.00% 7/1/<br> 2036  | 2190 | 2531 |
|  |  | 12716 |
| **Idaho 0.32%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing and Fin. Assn., Sales Tax Rev. Bonds (Transportation Expansion and Congestion Mitigation Fund), Series <br> 2023-A, 5.25% 8/15/2048  | 2035 | 2160 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2023-C, 5.75% 1/1/2053  | 2445 | 2671 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2024-A, 6.00% 7/1/2054  | 610 | 675 |
| Housing and Fin. Assn., Single Family Mortgage Bonds, Series 2025-C, 6.25% 1/1/2056  | 6635 | 7536 |
|  |  | 13042 |
| **Illinois 6.69%** |  |  |
| Build Illinois Bonds, Sales Tax Rev. Bonds, Series 2021-A, 3.00% 6/15/2032  | 500 | 480 |
| Build Illinois Bonds, Sales Tax Rev. Bonds, Series 2024-B, 5.00% 6/15/2035  | 5130 | 5750 |
| Build Illinois Bonds, Sales Tax Rev. Ref. Bonds, Series 2024-B, 5.00% 6/15/2036  | 645 | 716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Capital Improvement Tax Bonds (Dedicated Rev.), Series 2023, 5.25% 4/1/<br> 2036  | 250 | 269 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2023-A, 5.50% 12/1/2031  | 2000 | 2145 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2023-A, 5.00% 12/1/2032  | 2000 | 2087 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2033  | 1350 | 1377 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2037  | 1120 | 1116 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2021-A, 5.00% 12/1/2040  | 1500 | 1462 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2018-D, 5.00% 12/1/2046  | 4000 | 3630 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2025-A, 5.75% 12/1/2050  | 4020 | 3955 |
| City of Chicago, Board of Education, Unlimited Tax GO Bonds (Dedicated Rev.), Series 2025-A, 6.25% 12/1/2050  | 3960 | 4128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-C, 5.00% <br> 12/1/2025  | 2500 | 2504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-D, 5.00% <br> 12/1/2026  | 1250 | 1267 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, AGI, <br> 5.00% 12/1/2028  | 2050 | 2164 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, 5.00% <br> 12/1/2030  | 500 | 515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2021-B, 5.00% <br> 12/1/2030  | 2000 | 2092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2017-B, 6.75% <br> 12/1/2030 <sup>(a)</sup>  | 1000 | 1056 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2018-A, 5.00% <br> 12/1/2035  | 1250 | 1256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2036  | 7815 | 7187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2037  | 1000 | 905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-B, 4.00% <br> 12/1/2038  | 5000 | 4426 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), Series 2022-A, 4.00% <br> 12/1/2047  | 500 | 382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Board of Education, Unlimited Tax GO Rev. Ref. Bonds (Dedicated Rev.), CAB, Series 1998-B-1, <br> NATL, 0% 12/1/2027  | 1070 | 990 |

---

Capital Group Municipal Income ETF — Page 15 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Illinois (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| City of Chicago, Chicago Midway Airport, Rev. Ref. Bonds, Series 2023-C, AMT, 5.00% 1/1/2028  | USD1,130 | $1180 |
| City of Chicago, GO Bonds, Series 2021-A, 4.00% 1/1/2035  | 500 | 480 |
| City of Chicago, GO Bonds, Series 2025-C, 6.00% 1/1/2043  | 450 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, GO Bonds (City Colleges of Chicago Capital Improvement Project), CAB, Series 1999, NATL, 0% <br> 1/1/2026 (escrowed to maturity)  | 5345 | 5304 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2026  | 1500 | 1507 |
| City of Chicago, GO Rev. Ref. Bonds, Series 2020-A, 5.00% 1/1/2027  | 800 | 814 |
| City of Chicago, O'Hare International Airport, General Airport Rev. Bonds, Series 2016-D, 5.00% 1/1/2026  | 500 | 503 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, O'Hare International Airport, General Airport Rev. Ref. Bonds, Series 2024-C, AMT, 5.00% 1/1/<br> 2028  | 7000 | 7293 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds <br> (Dedicated Tax Rev.), Series 2012-A, 5.00% 12/1/2042  | 1000 | 944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds <br> (Dedicated Tax Rev.), CAB, Series 1999-A, NATL, 0% 12/1/2025  | 750 | 745 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, School Reform Board of Trustees of the Board of Education, Unlimited Tax GO Bonds <br> (Dedicated Tax Rev.), CAB, Series 1998-B-1, NATL, 0% 12/1/2031  | 240 | 189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago, Transit Auth., Capital Grant Receipts Rev. Ref. Bonds (Federal Transit Administration Section 5337 <br> State of Good Repair Formula Funds), Series 2017, 5.00% 6/1/2026  | 775 | 785 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, AGI, 5.00% 1/1/2029  | 1280 | 1373 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-B, BAM, 5.00% 1/1/2035  | 1480 | 1662 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, AGI, 5.00% 1/1/2036  | 1125 | 1226 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2023-B, AGI, 5.00% 1/1/2037  | 3735 | 4040 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-B, BAM, 5.00% 1/1/2037  | 2155 | 2376 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-A, BAM, 5.00% 1/1/2041  | 400 | 425 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, Series 2024-A, BAM, 5.00% 1/1/2043  | 800 | 836 |
| City of Chicago, Wastewater Transmission Rev. Ref. Bonds, CAB, Series 1998-A, NATL, 0% 1/1/2026  | 1000 | 992 |
| City of Chicago, Water Rev. Bonds, Series 2000, 5.00% 11/1/2028  | 1000 | 1022 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017, 5.00% 11/1/2028  | 2000 | 2088 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2017-2, AGI, 5.00% 11/1/2031  | 1000 | 1039 |
| City of Chicago, Water Rev. Ref. Bonds, Series 2023-B, AGI, 5.00% 11/1/2032  | 1020 | 1141 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Graduate and Professional Student Loan Program Rev. Bonds (Midwestern University Foundation), <br> Series 2025-A, 4.25% 7/1/2041  | 480 | 481 |
| Fin. Auth., Rev. Bonds (Advocate Health Care Network), Series 2008-A, 4.00% 11/1/2030  | 335 | 342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Rev. Bonds (CenterPointJoliet Terminal 2020), Series 2024, AMT, 4.125% 12/1/2050 (put <br>12/31/2034) <sup>(a)</sup>  | 5000 | 4961 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2040  | 8000 | 8033 |
| Fin. Auth., Rev. Bonds (Mercy Health Corp.), Series 2016, 5.00% 12/1/2046  | 5875 | 5882 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2036  | 2430 | 2418 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2037  | 2000 | 1957 |
| Fin. Auth., Rev. Bonds (Northshore University HealthSystem), Series 2020-A, 4.00% 8/15/2040  | 3290 | 3104 |
| Fin. Auth., Rev. Bonds (OSF Healthcare System), Series 2020-B-2, 5.00% 5/15/2050 (put 11/15/2026)  | 2000 | 2021 |
| Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 5.00% 11/15/2026  | 1000 | 1001 |
| Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 5.00% 11/15/2038  | 2000 | 2000 |
| Fin. Auth., Rev. Bonds (Rush University Medical Center Obligated Group), Series 2015-A, 4.00% 11/15/2039  | 500 | 474 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 5.00% 8/15/2033  | 2000 | 2206 |
| Fin. Auth., Rev. Bonds (The Carle Foundation), Series 2021-A, 4.00% 8/15/2038  | 1000 | 971 |
| Fin. Auth., Rev. Bonds (University of Chicago), Series 2024-B, 5.25% 4/1/2039  | 500 | 553 |
| Fin. Auth., Rev. Bonds (University of Chicago), Series 2024-A, 5.25% 4/1/2042  | 750 | 806 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2020, 4.00% 7/1/2038  | 2500 | 2505 |
| Fin. Auth., Rev. Green Bonds (Clean Water Initiative Revolving Fund), Series 2025-A, 5.00% 7/1/2043  | 450 | 482 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2034  | 620 | 621 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2035  | 1500 | 1501 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2018-A, 5.00% 5/15/2043  | 2500 | 2521 |
| Fin. Auth., Rev. Ref. Bonds (OSF Healthcare System), Series 2015-A, 5.00% 11/15/2045  | 7000 | 7001 |

---

Capital Group Municipal Income ETF — Page 16 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Illinois (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2023, AMT, 4.60% <br> 10/1/2053 (put 10/1/2026)  | USD1,565 | $1572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Solid Waste Disposal Rev. Green Bonds (LRS Holdings, LLC Project), Series 2023-A, AMT, 7.25% <br> 9/1/2052 (put 9/1/2030) <sup>(a)</sup>  | 500 | 538 |
| GO Bonds, Series 2020-B, 5.00% 10/1/2025  | 9605 | 9605 |
| GO Bonds, Series 2020-D, 5.00% 10/1/2025  | 5525 | 5525 |
| GO Bonds, Series 2021-A, 5.00% 3/1/2028  | 2505 | 2641 |
| GO Bonds, Series 2025-C, 5.25% 9/1/2031  | 5000 | 5627 |
| GO Bonds, Series 2021-A, 5.00% 3/1/2032  | 2035 | 2237 |
| GO Bonds, Series 2024-B, 5.00% 10/1/2034  | 3850 | 4282 |
| GO Bonds, Series 2023-B, 5.00% 5/1/2036  | 910 | 982 |
| GO Bonds, Series 2022-C, 5.50% 10/1/2040  | 1925 | 2080 |
| GO Bonds, Series 2024-C, 4.00% 10/1/2041  | 2000 | 1845 |
| GO Bonds, Series 2024-B, 5.25% 5/1/2042  | 2220 | 2354 |
| GO Rev. Ref. Bonds, Series 2023-D, 5.00% 7/1/2028  | 1075 | 1141 |
| GO Rev. Ref. Bonds, Series 2024, 5.00% 2/1/2031  | 3230 | 3575 |
| Housing Dev. Auth., Homeowner Mortgage Rev. Bonds, Series 2018-A-1, 4.00% 8/1/2048  | 1210 | 1219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Auth., Multi Family Housing Rev. Bonds (6900 Crandon), Series 2023, 5.00% 2/1/2027 (put 2/1/<br> 2026)  | 900 | 906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Auth., Multi Family Housing Rev. Bonds (South Shore HHDC), Series 2023, 5.00% 2/1/2027 (put 2/<br> 1/2026)  | 650 | 654 |
| Housing Dev. Auth., Rev. Bonds, Series 2021-D, 3.00% 10/1/2051  | 5400 | 5334 |
| Housing Dev. Auth., Rev. Bonds, Series 2022-A, 3.50% 4/1/2052  | 690 | 690 |
| Housing Dev. Auth., Rev. Bonds, Series 2023-N, 6.25% 4/1/2054  | 910 | 992 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-I, 6.00% 10/1/2055  | 5290 | 5896 |
| Housing Dev. Auth., Rev. Bonds, Series 2024-E, 6.25% 10/1/2055  | 3065 | 3370 |
| Housing Dev. Auth., Rev. Bonds, Series 2025-D, 6.25% 10/1/2055  | 7750 | 8811 |
| Housing Dev. Auth., Rev. Social Bonds, Series 2024-C, 6.25% 10/1/2054  | 1355 | 1517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 1994, NATL, 0% <br> 6/15/2028  | 1055 | 969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, AGI, 0% <br> 6/15/2030  | 1055 | 910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Bonds, CAB, Series 2002-A, NATL, <br> 0% 6/15/2032  | 935 | 741 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, Series 2020-B, 5.00% 6/<br> 15/2042  | 4125 | 4178 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, CAB, Series 2002-A, <br> NATL, 0% 12/15/2029  | 2000 | 1749 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Bonds, CAB, NATL, Series <br> 2002-A, 0% 12/15/2030  | 1075 | 907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, <br> 5.00% 12/15/2035  | 1980 | 2177 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, <br> 5.00% 12/15/2036  | 540 | 586 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, <br> 5.00% 12/15/2037  | 1090 | 1172 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, Series 2024-B, <br> 5.00% 12/15/2038  | 800 | 852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series <br> 2010-B-1, AGI, 0% 6/15/2027  | 1040 | 988 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier and Exposition Auth., McCormick Place Expansion Project Rev. Ref. Bonds, CAB, Series 2002-A, <br> NATL, 0% 12/15/2031  | 2335 | 1892 |
| Sales Tax Securitization Corp., Sales Tax Securitization Bonds, Series 2020-A, 5.00% 1/1/2029  | 1375 | 1472 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2023-C, 5.00% 1/1/2029  | 3220 | 3460 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2023-A, 5.00% 1/1/2033  | 6000 | 6769 |

---

Capital Group Municipal Income ETF — Page 17 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Illinois (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2023-A, 5.00% 1/1/2034  | USD5,505 | $6127 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2037  | 7120 | 7938 |
| Sales Tax Securitization Corp., Sales Tax Securitization Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2041  | 1500 | 1598 |
| Sports Facs. Auth., Sports Facs. Rev. Ref. Bonds (State Tax Supported), Series 2019, BAM, 5.00% 6/15/2029  | 665 | 712 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2016-B, 5.00% 1/1/2032  | 2580 | 2618 |
| Toll Highway Auth., Toll Highway Rev. Bonds, Series 2023-A, 5.25% 1/1/2045  | 1065 | 1133 |
| Toll Highway Auth., Toll Highway Rev. Ref. Bonds, Series 2016-A, 5.00% 12/1/2032  | 11280 | 11332 |
|  |  | 275819 |
| **Indiana 1.60%** |  |  |
| Concord Community Schools, First Mortgage Rev. Ref. and Improvement Bonds, Series 2016, 5.00% 1/15/2026  | 1000 | 1006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Environmental Improvement Rev. Ref. Bonds (U.S. Steel Corp. Project), Series 2021-A, 4.125% 12/1/<br> 2026  | 2450 | 2455 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-E, 5.00% 10/1/2034  | 3295 | 3794 |
| Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-C, 5.00% 10/1/2043  | 5000 | 5246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Health System Rev. Bonds (Indiana University Health), Series 2025-D-1, 5.00% 10/1/2064 (put 10/1/<br> 2029)  | 2400 | 2589 |
| Fin. Auth., Hospital Rev. Ref. Bonds (Methodist Hospitals, Inc.), Series 2024-A, 5.50% 9/15/2039  | 1025 | 1092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-B, 3.00% 11/1/<br> 2030  | 665 | 651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Midwestern Disaster Relief Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2012-A, 4.25% 11/1/<br> 2030  | 1075 | 1102 |
| Fin. Auth., Pollution Control Rev. Bonds (Ohio Valley Electric Corp. Project), Series 2010-A, 3.00% 11/1/2030  | 1000 | 979 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2028  | 1100 | 1135 |
| Fin. Auth., Rev. Bonds (BHI Senior Living Obligated Group), Series 2018-A, 5.00% 11/15/2038  | 1000 | 1007 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2025-C, 5.00% 2/1/2040  | 1000 | 1094 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2025-C, 5.00% 2/1/2041  | 905 | 980 |
| Fin. Auth., State Revolving Fund Program Green Bonds, Series 2023-B, 5.00% 2/1/2043  | 1930 | 2043 |
| City of Franklin, Econ. Dev. Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2019-B, 5.00% 7/1/2027  | 400 | 413 |
| Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2020-A, 3.75% 1/1/2049  | 560 | 562 |
| Housing and Community Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-A-1, 5.75% 7/1/2053  | 350 | 372 |
| Municipal Power Agcy., Power Supply System Rev. Ref. Bonds, Series 2016-A, 5.00% 1/1/2042  | 14535 | 14633 |
| Trustees of Purdue University, Student Facs. System Rev. Bonds, Series 2025-A, 5.00% 7/1/2037  | 3825 | 4321 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Valparaiso, Exempt Facs. Rev. Ref. Bonds (Pratt Paper (IN), LLC Project), Series 2024, AMT, 4.50% <br>1/1/2034 <sup>(a)</sup>  | 885 | 913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2008, 4.20% <br> 6/1/2044 (put 6/2/2035)  | 4585 | 4799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2015, AMT, <br> 4.40% 11/1/2045 (put 6/10/2031)  | 2750 | 2934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Whiting, Environmental Facs. Rev. Bonds (BP Products North America, Inc. Project), Series 2016-A, AMT, <br> 4.40% 3/1/2046 (put 6/10/2031)  | 600 | 640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Whiting, Environmental Facs. Rev. Ref. Bonds (BP Products North America, Inc. Project), Series 2019-A, <br> AMT, 5.00% 12/1/2044 (put 6/15/2026)  | 11000 | 11146 |
|  |  | 65906 |
| **Iowa 0.45%** |  |  |
| Fin. Auth., Midwestern Disaster Area Rev. Bonds (Alcoa Inc. Project), Series 2012, 4.75% 8/1/2042  | 3870 | 3832 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2022, 5.00% 12/1/2050 <br> (put 12/1/2042)  | 2405 | 2770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Midwestern Disaster Area Rev. Ref. Bonds (Iowa Fertilizer Co. Project), Series 2022, 5.00% 12/1/2050 <br> (preref. 12/1/2032)  | 1110 | 1279 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Multi Family Housing Rev. Bonds (AHEPA 192-IV Apartments Projects), Series 2023, 5.00% 11/1/2026 <br> (put 11/1/2025)  | 650 | 651 |
| Fin. Auth., Rev. Bonds (Lifespace Communities, Inc.), Series 2024-A, 5.00% 5/15/2044  | 3100 | 2988 |
| PEFA, Inc., Gas Project Rev. Bonds, Series 2019, 5.00% 9/1/2049 (put 9/1/2026)  | 1500 | 1526 |

---

Capital Group Municipal Income ETF — Page 18 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Iowa (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2023-B, AMT, 5.00% 12/1/2029  | USD350 | $371 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2024-B, AMT, 5.00% 12/1/2029  | 250 | 265 |
| Student Loan Liquidity Corp., Student Loan Rev. Bonds, Series 2025-B, AMT, 4.50% 12/1/2045  | 3875 | 3911 |
| Tobacco Settlement Auth., Tobacco Settlement Asset-Backed Bonds, Series 2021-A-2, 4.00% 6/1/2038  | 1000 | 974 |
|  |  | 18567 |
| **Kansas 0.01%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dev. Fin. Auth., Hospital Rev. Bonds (Advent Health Obligated Group), Series 2021-B, 5.00% 11/15/2054 (put 11/<br> 15/2028)  | 500 | 533 |
| **Kentucky 1.00%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), <br> Series 2016-A, 5.00% 2/1/2029  | 1010 | 1017 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Ashland, Medical Center Rev. Bonds (Ashland Hospital Corp. - King's Daughters Medical Center Project), <br> Series 2016-A, 5.00% 2/1/2040  | 500 | 501 |
| County of Carroll, Environmental Facs. Rev. Ref. Bonds, Series 2006-B, AMT, 2.125% 10/1/2034  | 2150 | 1777 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 3.70% 1/1/2032 <sup>(a)</sup>  | 3490 | 3513 |
| City of Henderson, Exempt Facs. Rev. Bonds (Pratt Paper, LLC Project), Series 2022-B, AMT, 4.45% 1/1/2042 <sup>(a)</sup>  | 1525 | 1472 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2019-A-1, AMT, 5.00% 6/1/2029  | 500 | 524 |
| Higher Education Student Loan Corp., Student Loan Rev. Bonds, Series 2025-A-1, AMT, 4.75% 6/1/2040  | 2720 | 2788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Corp., Multi Family Housing Rev. Bonds (Beecher Terrace Phase IV Project), Series 2023, 5.00% 9/1/2043 <br> (put 9/1/2026)  | 1790 | 1805 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.25% 7/1/2054  | 575 | 641 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-C, 6.25% 1/1/2055  | 240 | 263 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2024-E, 6.25% 7/1/2055  | 1245 | 1377 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2025-A, 6.25% 7/1/2055  | 3040 | 3376 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Louisville/Jefferson Metro County Government, Health System Rev. Bonds (Norton Healthcare, Inc.), Series <br> 2016-A, 5.00% 10/1/2033  | 3000 | 3045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Louisville/Jefferson Metro County Government, Pollution Control Rev. Bonds (Louisville Gas and Electric Co. <br> Project), Series 2003-A, 2.00% 10/1/2033  | 3000 | 2580 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2019-C-1, 4.00% 2/1/2050 (put 2/1/2028)  | 500 | 511 |
| Public Energy Auth., Gas Supply Rev. Bonds, Series 2022-A-1, 4.00% 8/1/2052 (put 8/1/2030)  | 500 | 512 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2023-A-1, 5.25% 4/1/2054 (put 2/1/2032)  | 5050 | 5537 |
| Public Energy Auth., Gas Supply Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2055 (put 8/1/2032)  | 2005 | 2174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Trimble, Environmental Facs. Rev. Bonds (Louisville Gas and Electric Co. Project), Series 2023-A, AMT, <br> 4.70% 6/1/2054 (put 6/1/2027) <sup>(c)</sup>  | 1000 | 1011 |
| Turnpike Auth., Econ. Dev. Road Rev. Ref. Bonds (Revitalization Projects), Series 2024-A, 5.00% 7/1/2030  | 4015 | 4477 |
| Turnpike Auth., Econ. Dev. Road Rev. Ref. Bonds (Revitalization Projects), Series 2022-A, 5.00% 7/1/2031  | 2030 | 2294 |
|  |  | 41195 |
| **Louisiana 0.81%** |  |  |
| Aviation Board, General Airport Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 1/1/2034  | 1135 | 1250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Corp., Multi Family Housing Rev. Bonds (Arbours at Acadiana Project), Series 2024, 5.00% 4/1/2028 (put <br> 4/1/2027)  | 800 | 825 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Corp., Multi Family Housing Rev. Bonds (Deerwood Apartments Project), Series 2024, 4.00% 1/1/2043 <br> (put 7/1/2027)  | 1000 | 1008 |
| Housing Corp., Single Family Mortgage Rev. Bonds, Series 2025-C, 6.25% 6/1/2055  | 1400 | 1574 |
| Housing Corp., Single Family Mortgage Rev. Bonds (Home Ownership Program), Series 2023-A, 5.75% 6/1/2054  | 370 | 400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Local Government Environmental Facs. and Community Dev. Auth., Rev. Bonds (Louisiana Insurance Guaranty <br> Assn. Project), Series 2022-B, 5.00% 8/15/2027  | 1000 | 1045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Christwood Project), Series <br> 2024, 5.00% 11/15/2037 <sup>(a)</sup>  | 590 | 599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (East Baton Rouge Sewerage <br> Commission Projects), Series 2023, 5.00% 2/1/2041  | 400 | 417 |

---

Capital Group Municipal Income ETF — Page 19 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Louisiana (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Local Government Environmental Facs. and Community Dev. Auth., Rev. Ref. Bonds (Entergy Louisiana, LLC <br> Projects), Series 2021-B, 2.50% 4/1/2036  | USD1,440 | $1205 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2031  | 1355 | 1512 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2035  | 1400 | 1570 |
| Louisiana Stadium and Exposition Dist., Rev. Bonds, Series 2023-A, 5.00% 7/1/2036  | 1250 | 1386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Facs. Auth., Hospital Rev. Ref. Bonds (Lafayette General Health System Project), Series 2016-A, 5.00% <br> 11/1/2041 (preref. 11/1/2025)  | 1000 | 1002 |
| Public Facs. Auth., Rev. and Rev. Ref. Bonds (Ochsner Clinic Foundation Project), Series 2017, 5.00% 5/15/2042  | 10985 | 11038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Facs. Auth., Rev. Ref. Bonds (Acadiana Renaissance Charter Academy Project), Series 2025, 5.50% <br> 6/15/2040 <sup>(a)</sup>  | 3500 | 3564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Facs. Auth., Rev. Ref. Bonds (Lake Charles Academy Foundation Project), Series 2024-A, 5.00% <br>12/15/2034 <sup>(a)</sup>  | 1635 | 1666 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Facs. Auth., Solid Waste Disposal Fac. Rev. Bonds (Elementus Materials, LLC Project), Series 2023, AMT, <br> 5.00% 1/1/2043 (put 11/1/2025) <sup>(a)</sup>  | 1135 | 1137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Facs. Auth., Solid Waste Disposal Rev. Bonds (Waste Pro USA, Inc. Project), Series 2023, AMT, 6.75% <br> 10/1/2053 (put 10/1/2028) <sup>(a)</sup>  | 500 | 529 |
| Parish of St. James, Rev. Bonds (NuStar Logistics, LP Project), Series 2011, 3.70% 8/1/2041 (put 6/1/2030) <sup>(a)</sup>  | 1570 | 1575 |
|  |  | 33302 |
| **Maine 0.05%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2015-R-3, AMT, 5.00% <br> 8/1/2035 <sup>(a)</sup>  | 710 | 722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fin. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2024, AMT, 4.625% <br> 12/1/2047 (put 6/1/2035) <sup>(a)</sup>  | 595 | 587 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2020, 3.00% 7/1/2040  | 1000 | 862 |
|  |  | 2171 |
| **Maryland 1.28%** |  |  |
| County of Baltimore, Rev. Bonds (Riderwood Village, Inc. Fac.), Series 2020, 4.00% 1/1/2029  | 500 | 511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2021-C, <br> 3.00% 9/1/2051  | 6658 | 6577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Community Dev. Administration, Dept. of Housing and Community Dev., Residential Rev. Bonds, Series 2023-A, <br> 5.50% 9/1/2053  | 945 | 1018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Corp., Port Facs. Rev. Ref. Bonds (Core Natural Resources, Inc. Project), Series 2025, 5.00% 7/1/2048 <br> (put 3/27/2035) <sup>(a)</sup>  | 770 | 796 |
| GO Bonds, State and Local Facs. Loan of 2018, Series 2018-A-1, 5.00% 3/15/2030  | 550 | 585 |
| GO Bonds, State and Local Facs. Loan of 2019, Series 2019-A, 5.00% 8/1/2031  | 1775 | 1939 |
| GO Improvement Bonds, Series 2025, 5.00% 10/1/2030  | 6115 | 6892 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Broadmead Issue), Series 2018-A, 5.00% 7/1/2030  | 690 | 711 |
| Health and Higher Educational Facs. Auth., Rev. Bonds (Broadmead Issue), Series 2018-A, 5.00% 7/1/2038  | 240 | 245 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Higher Educational Facs. Auth., Rev. Bonds (Maryland Institute College of Art Issue), Series 2024, <br> 5.25% 6/1/2036  | 1365 | 1438 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Higher Educational Facs. Auth., Rev. Bonds (Maryland Institute College of Art Issue), Series 2024, <br> 5.25% 6/1/2043  | 2000 | 2002 |
| County of Montgomery, Rev. Ref. Bonds (Dept. of Liquor Control), Series 2019-A, 4.00% 6/15/2037  | 750 | 763 |
| County of Prince George, GO Consolidated Public Improvement Bonds, Series 2025-A, 5.00% 8/1/2038  | 1065 | 1212 |
| Dept. of Transportation, Consolidated Transportation Bonds, Series 2021-A, 2.00% 10/1/2034  | 735 | 637 |
| Transportation Auth., Transportation Facs. Projects Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2038  | 1465 | 1645 |
| University System of Maryland, Auxiliary Fac. and Tuition Rev. Ref. Bonds, Series 2021-A, 4.00% 4/1/2040  | 5000 | 5024 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 5.00% 6/1/2041  | 9000 | 9934 |
| Washington Suburban Sanitary Dist., Consolidated Public Improvement Bonds, Series 2025, 5.00% 6/1/2042  | 8890 | 9718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Suburban Sanitary Dist., Consolidated Public Improvement Green Bonds, Series 2025, 4.00% <br>6/1/2052  | 1360 | 1273 |
|  |  | 52920 |

---

Capital Group Municipal Income ETF — Page 20 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Massachusetts 0.39%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Clean Water Trust, Revolving Fund Rev. Ref. Green Bonds, Series 2023-2B, 5.00% 2/1/2040  | USD1,000 | $1090 |
| Dev. Fin. Agcy., Rev. Bonds (Harvard University Issue), Series 2020-A, 5.00% 10/15/2029  | 1280 | 1416 |
| Dev. Fin. Agcy., Rev. Bonds (Mass General Brigham, Inc.), Series 2020-A-2, 4.00% 7/1/2041  | 1000 | 959 |
| Dev. Fin. Agcy., Rev. Bonds (Partners Healthcare System Issue), Series 2017-S, 4.00% 7/1/2035  | 500 | 504 |
| Dev. Fin. Agcy., Rev. Green Bonds (Harvard University Issue), Series 2022-B, 5.00% 11/15/2032  | 3550 | 4123 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/2026  | 500 | 507 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2022-M, AMT, 5.00% 7/1/2027  | 1000 | 1030 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.25% 7/1/2032  | 80 | 81 |
| Educational Fncg. Auth., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.25% 7/1/2044  | 405 | 406 |
| Housing Fin. Agcy., Single Family Housing Rev. Bonds, Series 223, 3.00% 6/1/2047  | 3925 | 3884 |
| School Building Auth., Sales Tax Rev. Ref. Bonds (Social Bonds), Series 2025-B, 5.00% 2/15/2036  | 2000 | 2301 |
|  |  | 16301 |
| **Michigan 1.26%** |  |  |
| Building Auth., Rev. and Rev. Ref. Bonds (Facs. Program), Series 2024-II, 5.00% 10/15/2025  | 1000 | 1001 |
| Building Auth., Rev. Bonds (Facs. Program), Series 2021-I, 4.00% 10/15/2041  | 500 | 493 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2018, 5.00% 4/1/2030  | 1300 | 1361 |
| City of Detroit, Unlimited Tax GO Bonds, Series 2021-A, 5.00% 4/1/2046  | 1000 | 1007 |
| Fin. Auth., Hospital Rev. and Rev. Ref. Bonds (Trinity Health Credit Group), Series 2019-A, 5.00% 12/1/2041  | 500 | 516 |
| Fin. Auth., Tobacco Settlement Asset-Backed Bonds, Series 2020-A-1, 5.00% 6/1/2033  | 500 | 530 |
| Fin. Auth., Tobacco Settlement Asset-Backed Bonds, Series 2020-A-1, 4.00% 6/1/2035  | 1000 | 994 |
| Great Lakes Water Auth., Water Supply System Rev. Ref. Bonds, Series 2018-A, 5.00% 7/1/2029  | 2000 | 2176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Auth., Multi Family Housing Rev. Bonds (4401 Rosa Parks Apartments Project), Series 2025, 5.00% <br> 2/1/2028 (put 2/1/2027)  | 1430 | 1469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Auth., Multi Family Housing Rev. Bonds (North Port Apartments Project), Series 2025, 5.00% <br> 8/1/2027 (put 8/1/2026)  | 3375 | 3433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Auth., Multi Family Housing Rev. Bonds (The Dean Apartments At Eastlawn Project), Series 2025, <br> 2.90% 9/1/2045 (put 9/1/2028)  | 10000 | 9985 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2018-A, 4.00% 12/1/2048  | 1485 | 1491 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2021-A, 3.00% 6/1/2052  | 5395 | 5332 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-A, 5.50% 12/1/2053  | 1140 | 1231 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2023-B, 5.75% 6/1/2054  | 940 | 1011 |
| Housing Dev. Auth., Single Family Mortgage Rev. Bonds, Series 2024-A, 6.00% 6/1/2054  | 1805 | 1961 |
| City of Lansing, Board of Water and Light, Utility System Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2036  | 2830 | 3229 |
| City of Lansing, Board of Water and Light, Utility System Rev. Ref. Bonds, Series 2024-A, 5.00% 7/1/2049  | 1400 | 1461 |
| Board of Trustees of Michigan State University, Rev. Bonds, Series 2019-B, 5.00% 2/15/2031  | 1460 | 1572 |
| Board of Trustees of Michigan State University, Rev. Bonds, Series 2025-A, 5.00% 2/15/2035  | 3000 | 3477 |
| Strategic Fund, Exempt Facs. Rev. Bonds (Waste Management, Inc. Project), Series 2001, AMT, 0.58% 8/1/2027  | 1000 | 1008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (Holland Home Obligated Group), Series 2019, <br> 5.00% 11/15/2034  | 1000 | 1022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strategic Fund, Limited Obligation Rev. and Rev. Ref. Bonds (United Methodist Retirement Communities, Inc. <br> Project), Series 2019, 5.00% 11/15/2034  | 1280 | 1306 |
| Strategic Fund, Limited Obligation Rev. Bonds (I-75 Improvement Project), Series 2018, AMT, 5.00% 12/31/2028  | 550 | 579 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Strategic Fund, Limited Obligation Rev. Green Bonds (Graphic Packaging International, LLC Coated Recycled <br> Board Machine Project), Series 2021, AMT, 4.00% 10/1/2061 (put 10/1/2026)  | 1375 | 1374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Wayne, Airport Auth., Airport Rev. Ref. Bonds (Detroit Metropolitan Wayne County Airport), Series <br> 2015-F, AMT, 5.00% 12/1/2025  | 2800 | 2809 |
|  |  | 51828 |
| **Minnesota 0.70%** |  |  |
| GO State Trunk Highway Bonds, Series 2022-B, 5.00% 8/1/2026  | 165 | 169 |
| GO State Trunk Highway Bonds, Series 2023-B, 5.00% 8/1/2036  | 2210 | 2509 |
| GO State Trunk Highway Rev. Ref. Bonds, Series 2023-E, 5.00% 8/1/2026  | 160 | 163 |
| GO State Trunk Highway Rev. Ref. Bonds, Series 2022-D, 5.00% 8/1/2029  | 1060 | 1165 |
| Higher Education Supplemental Loan Auth., Rev. Bonds, Series 2023, AMT, 4.00% 11/1/2042  | 1420 | 1347 |

---

Capital Group Municipal Income ETF — Page 21 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Minnesota (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2020-E, 1.90% 7/1/2029  | USD735 | $700 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2020-I, 3.00% 1/1/2051  | 1290 | 1277 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2021-H, 3.00% 7/1/2052  | 1135 | 1121 |
| Housing Fin. Agcy., Residential Housing Fin. Bonds, Series 2025-C, 6.25% 7/1/2055  | 8325 | 9442 |
| City of St. Paul, Metropolitan Airports Commission, Airport Rev. Bonds, Series 2024-B, AMT, 5.00% 1/1/2038  | 5000 | 5376 |
| Various Purpose GO Bonds, Series 2024-A, 5.00% 8/1/2036  | 3060 | 3520 |
| Various Purpose GO Rev. Ref. Bonds, Series 2023-D, 5.00% 8/1/2033  | 1840 | 2135 |
|  |  | 28924 |
| **Mississippi 0.26%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron USA, Inc. Project), Series 2007-D, <br> 3.50% 12/1/2030 <sup>(b)</sup>  | 3990 | 3990 |
| Home Corp., Single Family Mortgage Rev. Bonds, Series 2021-B, 3.00% 6/1/2051  | 350 | 346 |
| Hospital Equipment and Facs. Auth., Rev. Bonds (Baptist Memorial Health Care), Series 2016, 5.00% 9/1/2036  | 1255 | 1263 |
| Hospital Equipment and Facs. Auth., Rev. Bonds (Baptist Memorial Health Care), Series 2016-A, 5.00% 9/1/2046  | 5135 | 5058 |
|  |  | 10657 |
| **Missouri 1.36%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Cape Girardeau, Industrial Dev. Auth., Tax Increment and Special Dist. Rev. Bonds (Westpark Mall <br> Redev. Project), Series 2024, 5.50% 5/1/2044 <sup>(a)</sup>  | 500 | 470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Health Facs. Rev. Bonds (Bethesda Health Group, Inc.), Series 2021, 4.00% 8/<br> 1/2029  | 385 | 385 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (BJC Health System), Series 2021-A, 4.00% 7/1/2035  | 1315 | 1351 |
| Health and Educational Facs. Auth., Health Facs. Rev. Bonds (CoxHealth), Series 2025-A, 5.00% 11/15/2035  | 4530 | 5087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Health Facs. Rev. Ref. Bonds (St. Anthony's Medical Center), Series 2015-B, <br> 5.00% 2/1/2045  | 1200 | 1200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Senior Living Facs. Rev. Bonds (Lutheran Senior Services), Series 2021, 4.00% <br> 2/1/2032  | 1100 | 1101 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Senior Living Facs. Rev. Ref. Bonds (Lutheran Senior Services), Series 2016-A, <br> 5.00% 2/1/2046  | 1465 | 1395 |
| Housing Dev. Commission, Single Family Mortgage Rev. Bonds, Series 2025-D, 6.25% 5/1/2056  | 3625 | 4074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2020-C, 3.50% 11/1/2050  | 345 | 345 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2023-B, 5.50% 5/1/2053  | 1060 | 1145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2023-E, 6.50% 5/1/2054  | 920 | 1034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2024-A, 5.75% 5/1/2055  | 9745 | 10723 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2024-C, 6.00% 5/1/2055  | 1235 | 1371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2024-E, 6.00% 5/1/2055  | 7520 | 8375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2025-C, 5.75% 5/1/2056  | 7000 | 7679 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2025-A, 6.00% 5/1/2056  | 3955 | 4356 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Dev. Commission, Single Family Mortgage Rev. Bonds (First Place Homeownership Loan Program), <br> Series 2025-F, 6.00% 5/1/2056  | 3780 | 4201 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Kansas City, Industrial Dev. Auth., Econ. Activity Tax Rev. Bonds (Historic Northeast Redev. Plan), Series <br> 2024-A-1, 5.00% 6/1/2046 <sup>(a)</sup>  | 975 | 934 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Kansas City, Planned Industrial Expansion Auth., Multi Family Housing Rev. Bonds (The Depot on Old <br> Santa Fe), Series 2023, 5.00% 7/1/2045 (put 7/1/2027)  | 750 | 769 |

---

Capital Group Municipal Income ETF — Page 22 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Missouri (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lee's Summit, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (John Knox Village), Series 2024-B-2, <br> 4.325% 8/15/2047  | USD75 | $75 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lee's Summit, Industrial Dev. Auth., Senior Living Facs. Rev. Bonds (John Knox Village), Series 2024-B-1, <br> 4.825% 8/15/2047  | 35 | 35 |
|  |  | 56105 |
| **Montana 0.25%** |  |  |
| City of Forsyth, Pollution Control Rev. Ref. Bonds (Avista Corp. Colstrip Project), Series 2010-A, 3.875% 10/1/2032  | 1500 | 1541 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Forsyth, Pollution Control Rev. Ref. Bonds (Northwestern Corp. Colstrip Project), Series 2023, 3.875% 7/1/<br> 2028  | 2650 | 2705 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Housing, Multi Family Housing Rev. Bonds (Twin Creek 4 Apartments Project), Series 2024, 5.00% <br> 9/1/2028 (put 9/1/2027)  | 382 | 398 |
| Board of Housing, Single Family Mortgage Bonds, Series 2020-C, 3.00% 12/1/2050  | 2490 | 2467 |
| Board of Housing, Single Family Mortgage Bonds, Series 2021-B, 3.00% 12/1/2051  | 1455 | 1439 |
| Board of Housing, Single Family Mortgage Bonds, Series 2024-B, 5.75% 6/1/2055  | 1625 | 1768 |
|  |  | 10318 |
| **Nebraska 0.35%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Educational, Health, Cultural, and Social Sciences Fin. Auth., Rev. Bonds (Immanuel Retirement Communities <br> Obligated Group), Series 2019-A, 4.00% 1/1/2044  | 3020 | 2733 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2020-A, 2.35% 9/1/2035  | 500 | 418 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2018-C, 4.00% 9/1/2048  | 1340 | 1350 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2019, AMT, 3.75% 9/1/2049  | 550 | 550 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2020-C, 3.00% 9/1/2050  | 3940 | 3895 |
| Investment Fin. Auth., Single Family Housing Rev. Bonds, Series 2021-C, 3.00% 9/1/2050  | 4055 | 4001 |
| City of Omaha Airport Auth., Airport Facs. Rev. Bonds, Series 2024, AGI, AMT, 5.00% 12/15/2035  | 1250 | 1375 |
|  |  | 14322 |
| **Nevada 0.70%** |  |  |
| Dept. of Business and Industry, Lease Rev. Bonds (Somerset Academy), Series 2018-A, 4.50% 12/15/2029 <sup>(a)</sup>  | 380 | 380 |
| County of Clark, Limited Tax GO Park Improvement Bonds, Series 2018, 5.00% 12/1/2031  | 600 | 644 |
| County of Clark, Limited Tax GO Stadium Improvement Bonds, Series 2018-A, 5.00% 6/1/2033  | 515 | 544 |
| County of Clark, Limited Tax GO Stadium Improvement Bonds, Series 2018-A, 5.00% 6/1/2043  | 1500 | 1531 |
| County of Clark, Pollution Control Rev. Ref. Bonds (Southern California Edison Co.), Series 2010, 2.10% 6/1/2031  | 460 | 419 |
| Highway Rev. Improvement and Rev. Ref. Bonds (Motor Vehicle Fuel Tax), Series 2016, 5.00% 12/1/2025  | 2000 | 2008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Division, Multi Unit Housing Rev. Bonds (Carville Park Apartments), Series 2024, 5.00% 7/1/2028 (put 7/<br> 1/2027)  | 365 | 378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Las Vegas, Special Improvement Dist. No. 612 (Skye Hills), Local Improvement Bonds, Series 2020, 3.75% <br> 6/1/2042  | 925 | 803 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Las Vegas, Special Improvement Dist. No. 816 (Summerlin Village 22), Local Improvement Bonds, Series <br> 2021, 3.125% 6/1/2046  | 465 | 332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Las Vegas, Special Improvement Dist. No. 817 (Summerlin Village 29), Local Improvement Bonds, Series <br> 2023, 5.50% 6/1/2038  | 375 | 398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Las Vegas, Special Improvement Dist. No. 818 (Summerlin Village 27), Local Improvement Bonds, Series <br> 2024, 4.50% 12/1/2031  | 775 | 793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series <br> 2022-B, 5.00% 7/1/2032  | 2000 | 2255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series <br> 2023-A, 5.00% 7/1/2037  | 800 | 885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Las Vegas Convention and Visitors Auth., Convention Center Expansion and Renovation Rev. Bonds, Series <br> 2023-A, 5.00% 7/1/2038  | 350 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Las Vegas Valley Water Dist., Limited Tax GO Water Improvement and Rev. Ref. Bonds, Series 2016-A, 5.00% <br>6/1/2036  | 1700 | 1716 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Improvement Bonds, Series 2022-A, 4.00% 6/1/2035  | 500 | 520 |
| Las Vegas Valley Water Dist., Limited Tax GO Water Improvement Bonds, Series 2025-A, 5.00% 6/1/2044  | 7000 | 7453 |

---

Capital Group Municipal Income ETF — Page 23 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Nevada (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Las Vegas Valley Water Dist., Limited Tax GO Water Rev. Ref. Bonds, Series 2015-C, 5.00% 9/15/2027  | USD4,110 | $4117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of North Las Vegas, Special Improvement Dist. No. 65 (Northern Beltway Commercial Area), Local <br> Improvement Bonds, Series 2017, 4.00% 12/1/2027 <sup>(a)</sup>  | 300 | 300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Reno Dist. No. 1, Special Assessment and Local Improvement Bonds (Quilici Ranch), Series 2025, 4.00% <br> 6/1/2030 <sup>(a)</sup>  | 530 | 533 |
| Reno-Tahoe Airport Auth., Rev. Bonds, Series 2024-A, AMT, 5.00% 7/1/2030  | 1095 | 1182 |
| Reno-Tahoe Airport Auth., Rev. Bonds, Series 2024-A, AMT, 5.00% 7/1/2031  | 875 | 951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Sparks, Special Improvement Dist. No. 1 (5 Ridges), Local Improvement Bonds, Series 2024, 5.00% 6/1/<br> 2039  | 435 | 445 |
|  |  | 28970 |
| **New Hampshire 1.76%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Education Facs. Auth., Education Loan Rev. Bonds (Granite Edvance Corp. Issue), Series 2024-B, AMT, <br> 4.00% 11/1/2044  | 395 | 377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Education Facs. Auth., Education Loan Rev. Bonds (New Hampshire Higher Education Loan Corp. <br> Issue), Series 2023-B, AMT, 5.00% 11/1/2043  | 1770 | 1844 |
| Health and Education Facs. Auth., Rev. Bonds (Dartmouth College Issue), Series 2007-B, 3.45% 6/1/2041 <sup>(b)</sup>  | 1465 | 1465 |
| Housing Fin. Auth., Single Family Mortgage Acquisition Rev. Bonds, Series 2024-E, 6.25% 7/1/2055  | 3340 | 3748 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2023-B, 6.00% 1/1/2055  | 180 | 194 |
| Housing Fin. Auth., Single Family Mortgage Rev. Bonds, Series 2023-C, 6.25% 1/1/2055  | 925 | 1006 |
| National Fin. Auth., Affordable Housing Certs., Series 2024-1, Class A, 4.15% 10/20/2040 (put 10/1/2034)  | 3022 | 2953 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2024-A, 4.53% <br> 10/15/2034 <sup>(a)</sup>  | 3250 | 3314 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; National Fin. Auth., Lease Rent Rev. Bonds (Centurion Foundation Woodway Drive, LLC), Series 2025-A, 5.05% <br> 6/15/2035 <sup>(a)</sup>  | 2140 | 2193 |
| National Fin. Auth., Municipal Certs., Series 2020-1, Class A, 4.125% 1/20/2034  | 1430 | 1438 |
| National Fin. Auth., Municipal Certs., Series 2022-1, Class A, 4.375% 9/20/2036  | 4977 | 4923 |
| National Fin. Auth., Municipal Certs., Series 2022-2, Class A, 4.00% 10/20/2036  | 2927 | 2810 |
| National Fin. Auth., Municipal Certs., Series 2023-2, Class A, 3.875% 1/20/2038  | 3673 | 3412 |
| National Fin. Auth., Municipal Certs., Series 2024-2, Class X, 3.625% 8/20/2039  | 1586 | 1485 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class A-US, 4.182% 11/20/2039 <sup>(b)</sup>  | 3770 | 3691 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-CA, 3.925% 7/20/2040 <sup>(b)</sup>  | 1750 | 1569 |
| National Fin. Auth., Municipal Certs., Series 2025-1, Class A-1, 4.168% 1/20/2041 <sup>(b)</sup>  | 3067 | 2957 |
| National Fin. Auth., Municipal Certs., Series 2024-1, Class A, 4.25% 7/20/2041  | 1071 | 1041 |
| National Fin. Auth., Municipal Certs., Series 2024-4, Class B-US, 4.182% 5/20/2042 <sup>(b)</sup>  | 985 | 865 |
| National Fin. Auth., Municipal Certs., Series 2024-3, Class A, 4.163% 10/20/2041 <sup>(b)</sup>  | 8326 | 7975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-A, AMT, 4.00% <br>11/1/2027 <sup>(a)</sup>  | 500 | 500 |
| National Fin. Auth., Resource Recovery Rev. Ref. Bonds (Covanta Project), Series 2018-B, 4.625% 11/1/2042 <sup>(a)</sup>  | 3000 | 2707 |
| National Fin. Auth., Rev. Bonds (Adventist Health Energy Projects), Series 2024-C, 5.25% 7/1/2049  | 2650 | 2691 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.00% 12/1/2035  | 5745 | 6338 |
| National Fin. Auth., Rev. Bonds (Winston-Salem Sustainable Energy Partners), Series 2025-A, 5.25% 6/1/2044  | 4060 | 4203 |
| National Fin. Auth., Special Rev. Bonds (Grand Prairie Project), Series 2024, 5.875% 12/15/2032 <sup>(a)</sup>  | 5000 | 5000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; National Fin. Auth., Specialty Pharmacy Rev. Bonds (University Hospitals Home Care Services, Inc.), Series 2024-A, <br> 5.625% 12/15/2033 <sup>(a)</sup>  | 1210 | 1242 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; National Fin. Auth., Specialty Pharmacy Rev. Bonds (University Hospitals Home Care Services, Inc.), Series 2024-A, <br> 6.25% 12/15/2038 <sup>(a)</sup>  | 570 | 588 |
|  |  | 72529 |
| **New Jersey 1.53%** |  |  |
| Covid-19 GO Emergency Bonds, Series 2020-A, 5.00% 6/1/2029  | 2410 | 2625 |
| Econ. Dev. Auth., Municipal Rehabilitation Rev. Ref. Bonds, Series 2019-A, 5.25% 4/1/2028 <sup>(c)</sup>  | 2715 | 2888 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Auth., Rev. Ref. Bonds (Provident Group - Rowan Properties, LLC - Rowan University Student Housing <br> Project), Series 2015-A, 5.00% 1/1/2035  | 375 | 375 |
| Econ. Dev. Auth., School Facs. Construction Bonds, Series 2018-EEE, 5.00% 6/15/2028  | 3000 | 3194 |

---

Capital Group Municipal Income ETF — Page 24 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **New Jersey (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Econ. Dev. Auth., School Facs. Construction Rev. Ref. Bonds, Series 2005-N-1, NATL, 5.50% 9/1/2027  | USD1,000 | $1056 |
| Econ. Dev. Auth., Special Fac. Rev. Bonds (Continental Airlines, Inc. Project), Series 1999, AMT, 5.25% 9/15/2029  | 2115 | 2118 |
| Educational Facs. Auth., Rev. Bonds (Princeton University), Series 2025-A-1, 5.00% 7/1/2064 (put 7/1/2035)  | 1285 | 1479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Gloucester, Improvement Auth., Rev. Ref. Bonds (Rowan University Project), Series 2017-A, AGI, 5.00% <br> 11/1/2028  | 1750 | 1791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series <br> 2017-A, 5.00% 7/1/2032  | 500 | 519 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series <br> 2017-A, 5.00% 7/1/2037  | 470 | 483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series <br> 2017-A, 5.00% 7/1/2038  | 1050 | 1078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (Hackensack Meridian Health Obligated Group Issue), Series <br> 2017-A, 5.00% 7/1/2039  | 610 | 626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health Care Facs. Fncg. Auth., Rev. Ref. Bonds (RWJ Barnabas Health Obligated Group Issue), Series 2016-A, <br> 5.00% 7/1/2033  | 610 | 619 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Higher Education Student Assistance Auth., Student Loan Rev. and Rev. Ref. Bonds, Series 2022, AMT, 4.00% 12/<br> 1/2041  | 635 | 632 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1A, AMT, 5.00% 12/1/2031  | 2520 | 2683 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2015-1B, AMT, 5.00% 12/1/2033  | 3745 | 4065 |
| Higher Education Student Assistance Auth., Student Loan Rev. Bonds, Series 2019-B, AMT, 3.25% 12/1/2039  | 115 | 112 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2020-A, AMT, 3.50% 12/1/2039  | 680 | 669 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2023-B, AMT, 4.00% 12/1/2044  | 795 | 754 |
| Higher Education Student Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2024-B, AMT, 4.25% 12/1/2045  | 595 | 585 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2020-E, 3.50% 4/1/2051  | 305 | 305 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2020-H, 3.00% 10/1/2052  | 1995 | 1965 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2023-J, 5.50% 4/1/2053  | 1420 | 1527 |
| Housing and Mortgage Fin. Agcy., Single Family Housing Rev. Bonds, Series 2025-M, 6.50% 4/1/2056  | 6050 | 6858 |
| Tobacco Settlement Fncg. Corp., Tobacco Settlement Bonds, Series 2018-A, 4.00% 6/1/2037  | 1310 | 1274 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-AA, 5.00% 6/15/2035  | 700 | 783 |
| Transportation Trust Fund Auth., Transportation Program Bonds, Series 2023-BB, 5.00% 6/15/2037  | 630 | 693 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2019-A, 5.00% 12/15/2027  | 520 | 548 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2021-A, 5.00% 6/15/2028  | 1350 | 1438 |
| Transportation Trust Fund Auth., Transportation System Bonds, Series 2024-A, 5.00% 6/15/2034  | 6700 | 7666 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC, 0% 12/15/2026  | 500 | 483 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC, 0% 12/15/2028  | 590 | 539 |
| Transportation Trust Fund Auth., Transportation System Bonds, CAB, Series 2006-C, AMBAC, 0% 12/15/2035  | 550 | 378 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-B, 5.00% 1/1/2031  | 5000 | 5608 |
| Turnpike Auth., Turnpike Rev. Bonds, Series 2025-B, 5.00% 1/1/2034  | 4070 | 4689 |
|  |  | 63105 |
| **New Mexico 0.39%** |  |  |
| Aspire Public Improvement Dist., Special Levy Rev. Bonds, Series 2024, 5.05% 10/1/2044  | 550 | 517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Farmington, Pollution Control Rev. Ref. Bonds (Public Service Co. of San Juan and Four Corners Projects), <br> Series 2016-B, 2.15% 4/1/2033  | 1750 | 1513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Farmington, Pollution Control Rev. Ref. Bonds (Public Service Co. of San Juan Project), Series 2010-C, <br> 3.875% 6/1/2040 (put 6/1/2029)  | 450 | 458 |
| Fin. Auth., Rev. Bonds (Public Project Revolving Fund), Series 2025-B, 5.00% 6/15/2037  | 1275 | 1448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospital Equipment Loan Council, Hospital System Rev. Bonds (Presbyterian Healthcare Services), Series 2017-A, <br> 4.00% 8/1/2037  | 1315 | 1295 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2020-A, Class I, 3.50% 1/1/2051  | 1290 | 1289 |
| Mortgage Fin. Auth., Single Family Mortgage Program Bonds, Series 2025-A, Class I, 5.75% 3/1/2056  | 3170 | 3501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Energy Acquisition Auth., Gas Supply Rev. Ref. and Acquisition Bonds, Series 2025, 5.00% 6/1/2054 <br> (put 11/1/2030)  | 5785 | 6232 |
|  |  | 16253 |

---

Capital Group Municipal Income ETF — Page 25 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **New York 7.59%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Albany Capital Resource Corp., Rev. Bonds (Kipp Capital Region Public Charter Schools Project), Series <br> 2024, 4.50% 6/1/2044  | USD400 | $371 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Town of Brookhaven Local Dev. Corp., Rev. Ref. Bonds (Active Retirement Community, Inc.), Series 2016, 5.25% <br> 11/1/2030  | 830 | 847 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2026  | 1170 | 1184 |
| Brooklyn Arena Local Dev. Corp., PILOT Rev. Ref. Bonds (Barclays Center), Series 2016-A, 5.00% 7/15/2042  | 500 | 501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp., Rev. Ref. Bonds (Albert Einstein School of Medicine, Inc. Project), Series 2015, 5.50% <br> 9/1/2045 <sup>(a)</sup>  | 470 | 458 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dormitory Auth., Rev. Bonds (Roswell Park Cancer Institute Obligated Group), Series 2025-A, AGI, 5.25% 7/1/<br> 2041  | 1300 | 1410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dormitory Auth., Rev. Bonds (Roswell Park Cancer Institute Obligated Group), Series 2025-A, AGI, 5.25% 7/1/<br> 2044  | 1100 | 1159 |
| Dormitory Auth., Rev. Bonds (White Plains Hospital Obligated Group), Series 2024, 5.00% 10/1/2033  | 1100 | 1203 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-A, 5.00% 3/15/2031  | 2500 | 2821 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-A, 5.00% 3/15/2032  | 3030 | 3452 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-A, 4.00% 3/15/2037  | 1040 | 1048 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024-A, 5.00% 3/15/2040  | 2515 | 2734 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-C, 5.00% 3/15/2041  | 685 | 746 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2021-E, 4.00% 3/15/2042  | 1135 | 1091 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2025-C, 5.00% 3/15/2042  | 1065 | 1148 |
| Dormitory Auth., State Personal Income Tax Rev. Bonds (General Purpose), Series 2024, 5.00% 3/15/2045  | 895 | 939 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2023-A-1, 5.00% 3/15/2029  | 6200 | 6747 |
| Dormitory Auth., State Sales Tax Rev. Bonds, Series 2018-E, 5.00% 3/15/2039  | 805 | 836 |
| Energy Fin. Dev. Corp., Energy Supply Rev. Bonds, Series 2025, 5.00% 7/1/2056 (put 12/1/2033)  | 2400 | 2566 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy Research and Dev. Auth., Pollution Control Rev. Bonds (New York State Electric & Gas Corp. Project), <br> Series 2004-C, 4.00% 4/1/2034  | 120 | 123 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series <br> 2014-R-2, AMT, 3.125% 12/1/2044 (put 6/1/2026) <sup>(a)</sup>  | 500 | 496 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series <br> 2020-R-1, 4.25% 9/1/2050 (put 9/3/2030) <sup>(a)</sup>  | 475 | 480 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Environmental Facs. Corp., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series <br> 2022-R-2, AMT, 5.125% 9/1/2050 (put 9/3/2030) <sup>(a)</sup>  | 500 | 521 |
| Housing Fin. Agcy., 160 West 62nd Street Housing Rev. Bonds, Series 2011-A-1, 3.60% 11/1/2044 (put 4/1/2032)  | 1275 | 1302 |
| Housing Fin. Agcy., Affordable Housing Rev. Green Bonds, Series 2020-L-1, 2.10% 11/1/2035  | 2000 | 1656 |
| Housing Fin. Agcy., Affordable Housing Rev. Green Bonds, Series 2023-A-2, 3.60% 11/1/2062 (put 5/1/2027)  | 720 | 720 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Liberty Dev. Corp., Liberty Rev. Ref. Green Bonds (4 World Trade Center Project), Series 2021-A, 2.875% <br>11/15/2046  | 995 | 717 |
| Metropolitan Transportation Auth., Dedicated Tax Fund Green Bonds, Series 2024-B, 5.00% 11/15/2041  | 910 | 987 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Transportation Auth., Transportation Rev. Bonds, Series 2015-A-2, 5.00% 11/15/2045 (put 5/15/<br> 2030)  | 1500 | 1618 |
| Metropolitan Transportation Auth., Transportation Rev. Green Bonds, Series 2021-A-1, 4.00% 11/15/2045  | 1805 | 1617 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Bonds, Series 2017-D, 5.00% 11/15/2035  | 2600 | 2702 |
| Metropolitan Transportation Auth., Transportation Rev. Ref. Green Bonds, Series 2017-C-1, 5.00% 11/15/2028  | 3330 | 3527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Monroe, Industrial Dev. Agcy., Multi Family Housing Rev. Bonds (Andrews Terrace Community Partners, <br> L.P. Project), Series 2023-B-1, 5.00% 7/1/2028 (put 7/1/2026)  | 1360 | 1410 |
| Mortgage Agcy., Homeowner Mortgage Rev. Bonds, Series 213, 4.25% 10/1/2047  | 220 | 221 |
| New York City GO Bonds, Fiscal 2009, Series 2009-B-3, 5.00% 9/1/2027  | 4000 | 4199 |
| New York City GO Bonds, Fiscal 2016, Series 2016-E, 5.00% 8/1/2028  | 1135 | 1156 |
| New York City GO Bonds, Fiscal 2022, Series 2022-B, 5.00% 8/1/2031  | 3065 | 3459 |
| New York City GO Bonds, Fiscal 2025, Series 2025-F, 5.00% 8/1/2034  | 7585 | 8746 |
| New York City GO Bonds, Fiscal 2022, Series 2022-B-1, 5.00% 8/1/2036  | 1750 | 1921 |
| New York City GO Bonds, Fiscal 2023, Series 2023-1, 5.00% 8/1/2036  | 890 | 991 |
| New York City GO Bonds, Fiscal 2010, Series 2010-G-4, 2.87% 3/1/2039 <sup>(b)</sup>  | 4440 | 4440 |
| New York City GO Bonds, Fiscal 2020, Series 2020-D-1, 5.00% 3/1/2039  | 5415 | 5705 |
| New York City GO Bonds, Fiscal 2025, Series 2025-C-1, 5.00% 9/1/2040  | 1390 | 1510 |

---

Capital Group Municipal Income ETF — Page 26 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **New York (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| New York City GO Bonds, Fiscal 2024, Series 2024-C, 5.00% 3/1/2042  | USD1,005 | $1073 |
| New York City GO Bonds, Fiscal 2025, Series 2025-E, 5.00% 8/1/2042  | 1935 | 2079 |
| New York City GO Bonds, Fiscal 2026, Series 2026-A-1, 5.00% 8/1/2044  | 5000 | 5324 |
| New York City Health and Hospitals Corp., Health System Bonds, Series 2020-A, 3.00% 2/15/2026  | 1440 | 1442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Housing Dev. Corp., Multi Family Housing Rev. Bonds (Sustainable Dev. Bonds), Series 2020-A-1-B, <br> 2.05% 11/1/2031  | 530 | 482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Housing Dev. Corp., Multi Family Housing Rev. Green Bonds (Sustainable Dev. Bonds), Series <br> 2021-F-1, 2.40% 11/1/2046  | 500 | 337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Housing Dev. Corp., Multi Family Housing Rev. Green Bonds (Sustainable Dev. Bonds), Series <br> 2025-C-2, 3.75% 5/1/2065 (put 7/2/2029)  | 2220 | 2261 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Housing Dev. Corp., Multi Family Mortgage Rev. Bonds (8 Spruce Street), Series 2024-F, 5.25% <br> 12/15/2031 <sup>(a)</sup>  | 900 | 929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, <br> AGI, 5.00% 1/1/2031  | 2250 | 2493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Industrial Dev. Agcy., PILOT Rev. Ref. Bonds (Queens Baseball Stadium Project), Series 2021-A, <br> AGI, 2.00% 1/1/2038  | 2375 | 1786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, <br> Series 2020-EE, 5.00% 6/15/2031  | 1485 | 1688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, <br> Series 2021-DD, 5.00% 6/15/2031  | 1890 | 2149 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, <br> Series 2020-CC-1, 4.00% 6/15/2037  | 750 | 756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, <br> Series 2020-DD-3, 4.00% 6/15/2042  | 1170 | 1129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2025, Series 2025-CC, 5.00% 6/15/2037  | 13000 | 14796 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2025, Series 2025-BB, 5.00% 6/15/2053  | 2000 | 2152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Fin. Auth., Water and Sewer System Second General Resolution Rev. Bonds, Fiscal <br> 2023, Series 2023-CC, 3.85% 6/15/2053 <sup>(b)</sup>  | 5300 | 5300 |
| New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Series 2026-S-2, 5.00% 7/15/2035  | 4360 | 5058 |
| New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Series 2026-S-2, 5.00% 7/15/2040  | 3270 | 3587 |
| New York City Transitional Fin. Auth., Building Aid Rev. Bonds, Series 2026-S-2, 5.00% 7/15/2043  | 1650 | 1763 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-A1, 5.00% 11/1/2027  | 1020 | 1075 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2030  | 3670 | 4116 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2031  | 1860 | 2112 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2023, Series 2023-E, 5.00% 11/1/2032  | 2420 | 2772 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 11/1/2032  | 3000 | 3437 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2016, Series 2016-B-1, 5.00% 11/1/2034  | 500 | 501 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2021, Series 2021-C-1, 4.00% 5/1/2035  | 645 | 658 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2035  | 1250 | 1429 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F-F1, 5.00% 11/1/2035  | 1000 | 1160 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-B, 5.00% 5/1/2036  | 3010 | 3377 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2036  | 4760 | 5418 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2036  | 1100 | 1246 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2037  | 2335 | 2620 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-D, 5.00% 11/1/2037  | 1370 | 1522 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2037  | 2955 | 3299 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-D, 5.00% 11/1/2038  | 1680 | 1859 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2038  | 8480 | 9428 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-F-F1, 5.00% 11/1/2038  | 4185 | 4636 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2020, Series 2020-A-2, 5.00% 5/1/2039  | 570 | 595 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A, 5.00% 11/1/2039  | 6080 | 6703 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-B, 5.00% 5/1/2040  | 2000 | 2170 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G-1, 5.00% 5/1/2040  | 1000 | 1091 |

---

Capital Group Municipal Income ETF — Page 27 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **New York (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-A-1, 5.00% 11/1/2040  | USD1,550 | $1697 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-D, 5.00% 5/1/2041  | 2005 | 2180 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2023, Series 2023-E-1, 5.00% 11/1/2041  | 2160 | 2311 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-F-1, 5.00% 2/1/2042  | 1125 | 1205 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2024, Series 2024-G, 5.00% 5/1/2042  | 2085 | 2236 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-C-C1, 5.00% 5/1/2045  | 1120 | 1179 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-E, 5.00% 11/1/2046  | 6000 | 6287 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.50% 11/1/2046  | 4695 | 4929 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-H-1, 5.25% 11/1/2048  | 1230 | 1312 |
| Oneida Indian Nation, Tax Rev. Bonds, Series 2024-B, 6.00% 9/1/2043 <sup>(a)</sup>  | 465 | 496 |
| Onongada Civic Dev. Corp., Rev. Bonds (Syracuse University Project), Series 2025, 5.25% 12/1/2044  | 1325 | 1449 |
| Port Auth., Consolidated Bonds, Series 246, AMT, 5.00% 9/1/2028  | 2000 | 2119 |
| Port Auth., Consolidated Bonds, Series 227, AMT, 3.00% 10/1/2028  | 1000 | 999 |
| Port Auth., Consolidated Bonds, Series 194, 5.00% 10/15/2034  | 3610 | 3613 |
| Port Auth., Consolidated Bonds, Series 221, AMT, 4.00% 7/15/2038  | 900 | 888 |
| Port Auth., Consolidated Bonds, Series 221, AMT, 4.00% 7/15/2039  | 1120 | 1092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rockland County Econ. Assistance Corp., Rev. Bonds (Bon Secours Health System, Inc.), Series 2025, AGI, 6.50% <br> 11/1/2055  | 1020 | 1147 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rockland County Econ. Assistance Corp., Rev. Bonds (Bon Secours Health System, Inc.), Series 2025, 7.50% 11/1/<br> 2055  | 2780 | 2976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Suffolk County Econ. Dev. Corp., Rev. Bonds (Peconic Landing at Southold, Inc. Project), Series 2019-B, 5.00% 12/<br> 1/2034  | 1000 | 1033 |
| Suffolk Regional Off-Track Betting Corp., Rev. Bonds, Series 2024, 5.75% 12/1/2044  | 1000 | 1011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-A-1, <br> 4.85% 11/1/2031 <sup>(a)</sup>  | 870 | 881 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-C-2, <br> 5.35% 11/1/2049 <sup>(a)</sup>  | 1160 | 1158 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sullivan County Infrastructure Local Dev. Corp., Rev. Bonds (Adelaar Infrastructure Project), Series 2016-D-2, <br> 5.35% 11/1/2049 <sup>(a)</sup>  | 1050 | 1048 |
| Thruway Auth., General Rev. Bonds, Series 2021-O, 4.00% 1/1/2040  | 1000 | 992 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2022-A-1, 5.00% 3/15/2041  | 1040 | 1109 |
| Thruway Auth., Personal Income Tax Rev. Bonds, Series 2025-A, 4.00% 3/15/2044  | 15000 | 15944 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (American Airlines, Inc. John F. Kennedy International Airport <br> Project), Series 2021, AMT, 2.25% 8/1/2026  | 280 | 277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2020-A, AMT, 5.00% 12/1/2025  | 1345 | 1349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2020-A, AMT, 5.00% 12/1/2028  | 1350 | 1432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2020-A, AMT, 5.00% 12/1/2033  | 1150 | 1221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2020-C, 5.00% 12/1/2033  | 500 | 543 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2022, AMT, 5.00% 12/1/2033  | 4390 | 4751 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2020-C, 5.00% 12/1/2034  | 2240 | 2419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2022, AMT, 5.00% 12/1/2035  | 2750 | 2928 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2020-A, AMT, 4.00% 12/1/2036  | 1600 | 1668 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Bonds (Terminal Four John F. Kennedy International Airport Project), <br> Series 2022, AMT, 5.00% 12/1/2041  | 750 | 764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Fac. Rev. Ref. Bonds (American Airlines, Inc. John F. Kennedy International <br> Airport Project), Series 2016, AMT, 5.00% 8/1/2026  | 135 | 135 |

---

Capital Group Municipal Income ETF — Page 28 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **New York (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D <br> Redev. Project), Series 2018, AMT, 5.00% 1/1/2028  | USD1,250 | $1294 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D <br> Redev. Project), Series 2018, AMT, 5.00% 1/1/2029  | 2000 | 2070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D <br> Redev. Project), Series 2020, AMT, 4.00% 10/1/2030  | 2500 | 2536 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D <br> Redev. Project), Series 2018, AMT, 5.00% 1/1/2033  | 1500 | 1537 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D <br> Redev. Project), Series 2023, AMT, 6.00% 4/1/2035  | 3000 | 3299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D <br> Redev. Project), Series 2020, AMT, 5.00% 10/1/2035  | 2265 | 2367 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D <br> Redev. Project), Series 2020, AMT, 5.00% 10/1/2040  | 2150 | 2173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Bonds (Delta Air Lines, Inc. LaGuardia Airport Terminals C & D <br> Redev. Project), Series 2020, AMT, 4.375% 10/1/2045  | 4855 | 4474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal <br> One Project), Series 2023, AMT, AGI, 5.50% 6/30/2042  | 1000 | 1040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Transportation Dev. Corp., Special Facs. Rev. Green Bonds (John. F. Kennedy International Airport New Terminal <br> One Project), Series 2024, AMT, 5.25% 6/30/2044  | 1000 | 1018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Triborough Bridge and Tunnel Auth., General Rev. Bonds (MTA Bridges and Tunnels), Series 2023-B-1, 5.00% 11/<br> 15/2040  | 1000 | 1085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Triborough Bridge and Tunnel Auth., General Rev. Bonds (MTA Bridges and Tunnels), Series 2025-A, 5.00% 11/<br> 15/2042  | 1250 | 1350 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Triborough Bridge and Tunnel Auth., Payroll Mobility Tax Rev. Ref. Green Bonds (MTA Bridges and Tunnels), <br> Series 2023-A, 5.00% 11/15/2034  | 575 | 655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Triborough Bridge and Tunnel Auth., Real Estate Transfer Tax Rev. Bonds (MTA Bridges and Tunnels), Series <br> 2025-A, 5.00% 12/1/2036  | 1000 | 1149 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2022-A, 5.00% 9/15/2031  | 1625 | 1843 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-C, 4.00% 3/15/2037  | 1015 | 1025 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-E, 4.00% 3/15/2038  | 1510 | 1517 |
| Urban Dev. Corp., State Personal Income Tax Rev. Bonds (General Purpose), Series 2020-C, 5.00% 3/15/2038  | 1180 | 1256 |
| Urban Dev. Corp., State Sales Tax Rev. Bonds, Series 2021-A, 4.00% 3/15/2039  | 2500 | 2508 |
| Utility Debt Securitization Auth., Restructuring Bonds, Series 2023-TE-1, 5.00% 12/15/2041  | 840 | 923 |
|  |  | 313190 |
| **North Carolina 1.16%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Charlotte, Charlotte Douglas International Airport, Airport Rev. Bonds, Series 2019-B, AMT, 5.00% 7/1/<br> 2030  | 500 | 534 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Cumberland, Industrial Facs. and Pollution Control Fncg. Auth., Solid Waste Disposal Rev. Bonds <br> (Project Aero), Series 2024, AMT, 3.75% 12/1/2027 (put 11/1/2025)  | 2000 | 2000 |
| Educational Assistance Auth., Student Loan Rev. Bonds, Series 2023-A, AMT, 5.00% 6/1/2043  | 815 | 844 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2034  | 4350 | 4590 |
| Educational Assistance Auth., Student Loan Rev. Ref. Bonds, Series 2025-A, AMT, 5.00% 6/1/2045  | 6690 | 6914 |
| GO School Bonds, Series 2023, 5.00% 9/1/2029  | 2185 | 2405 |
| GO School Bonds, Series 2023, 5.00% 9/1/2030  | 2500 | 2810 |
| County of Guilford, GO Rev. Ref. Bonds, Series 2017, 5.00% 3/1/2026  | 150 | 152 |
| Hospital Auth., Health Care Rev. Ref. Bonds (Charlotte-Mecklenburg Hospital), Series 2016-A, 5.00% 1/15/2034  | 4200 | 4224 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 49, 6.00% 7/1/2053  | 5290 | 5645 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 50, 5.50% 1/1/2054  | 635 | 684 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 53-A, 6.25% 1/1/2055  | 540 | 588 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 54-A, 6.25% 1/1/2055  | 1595 | 1786 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 55-A, 6.25% 7/1/2055  | 3715 | 4108 |
| Housing Fin. Agcy., Home Ownership Rev. Bonds (1998 Trust Agreement), Series 57-A, 6.25% 1/1/2056  | 2475 | 2793 |
| Housing Fin. Agcy., Home Ownership Rev. Ref. Bonds, Series 42, 4.00% 1/1/2050  | 395 | 397 |

---

Capital Group Municipal Income ETF — Page 29 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **North Carolina (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Inlivian Multi Family Housing Rev. Bonds (Central at Old Concord), Series 2025, 3.30% 11/10/2043 (put <br>11/1/2028)  | USD435 | $439 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Lutheran Retirement Ministries Project), <br> Series 2019-A, 5.00% 1/1/2038  | 800 | 809 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-B-3, <br> 4.25% 9/1/2028  | 565 | 565 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-B-2, <br> 4.50% 9/1/2029  | 115 | 115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-B-1, <br> 4.75% 9/1/2029  | 85 | 85 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (Penick Village Project), Series 2024-A, <br> 5.00% 9/1/2034  | 900 | 943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medical Care Commission, Retirement Facs. First Mortgage Rev. Bonds (The United Methodist Retirement Homes <br> Project), Series 2024-A, 5.00% 10/1/2039  | 500 | 516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Town of Morehead City, Multi Family Housing Rev. Bonds (Elijah's Landing), Series 2024, 4.05% 1/1/2028 (put 1/<br> 1/2027)  | 1360 | 1378 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Raleigh, Housing Auth., Multi Family Housing Rev. Bonds (Tyron Flats), Series 2025, 2.95% 9/1/2059 (put <br> 3/1/2029)  | 2370 | 2366 |
| Turnpike Auth., Triangle Expressway System, Appropriation Rev. Bonds, CAB, Series 2019, 0% 1/1/2043  | 560 | 248 |
|  |  | 47938 |
| **North Dakota 0.19%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Cass, Joint Water Resource Dist., Temporary Rev. Ref. Improvement Bonds, Series 2024-A, 3.45% 4/1/<br> 2027  | 300 | 300 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2018-A, 4.00% 1/1/2049  | 1570 | 1576 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-A, 3.00% 1/1/2052  | 985 | 974 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2021-B, 3.00% 7/1/2052  | 1880 | 1851 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2023-A, 5.75% 7/1/2053  | 600 | 639 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2023-D, 5.75% 1/1/2054  | 105 | 112 |
| Housing Fin. Agcy., Housing Fin. Program Bonds (Home Mortgage Fin. Program), Series 2024-D, 6.00% 7/1/2055  | 1860 | 2077 |
| County of Ward, Health Care Facs. Rev. Bonds (Trinity Obligated Group), Series 2017-C, 5.00% 6/1/2038  | 500 | 491 |
|  |  | 8020 |
| **Ohio 2.28%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-C, AMT, 3.70% 4/1/<br> 2028  | 4015 | 4021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Quality Dev. Auth. Rev. Ref. Bonds, (American Electric Power Co. Project), Series 2005-A, AMT, 3.75% 1/1/<br> 2029  | 1000 | 1003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Quality Dev. Auth., Air Quality Dev. Rev. Ref. Bonds (Duke Energy Corp. Project), Series 2022-B, AMT, 4.25% <br> 11/1/2039 (put 6/1/2027)  | 1000 | 1021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (American Electric Co. Project), Series 2007-B, AMT, 2.50% <br> 11/1/2042 (put 10/1/2029)  | 1000 | 957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Quality Dev. Auth., Air Quality Rev. Ref. Bonds (Ohio Valley Electric Corp. Project), Series 2019-A, 3.25% 9/1/<br> 2029  | 3030 | 3001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 3.75% <br> 1/15/2028 <sup>(a)</sup>  | 655 | 659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 4.25% <br> 1/15/2038 <sup>(a)</sup>  | 8000 | 7959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Air Quality Dev. Auth., Exempt Facs. Rev. Bonds (Pratt Paper (OH), LLC Project), Series 2017, AMT, 4.50% <br> 1/15/2048 <sup>(a)</sup>  | 1000 | 916 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, <br> Class 1, 5.00% 6/1/2033  | 750 | 800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, <br> 5.00% 6/1/2035  | 540 | 567 |

---

Capital Group Municipal Income ETF — Page 30 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Ohio (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Fncg. Auth., Tobacco Settlement Asset-Backed Rev. Ref. Bonds, Series 2020-A-2, <br> 4.00% 6/1/2038  | USD1,000 | $966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Butler, Port Auth. Econ. Dev. Facs., Rev. Ref. Bonds (Community First Solutions), Series 2021-A, 4.00% <br> 5/15/2046  | 1000 | 825 |
| Capital Facs. Lease Appropriation Bonds, Series 2021-A, 5.00% 2/1/2027  | 1000 | 1034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cleveland-Cuyahoga Port Auth., Lease Rev. Ref. and Improvement Bonds (Constellation Schools Project), Series <br> 2024-A, 5.25% 1/1/2034 <sup>(a)</sup>  | 750 | 773 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cleveland-Cuyahoga Port Auth., Tax Increment Fncg. Rev. and Rev. Ref. Bonds (Flats East Bank Project), Series <br> 2021-A, 4.00% 12/1/2055 <sup>(a)</sup>  | 250 | 196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Columbus Regional Airport Auth., Airport Rev. Bonds (John Glenn Columbus International Airport), Series <br> 2025-A, AMT, 5.00% 1/1/2033  | 1800 | 1977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Columbus-Franklin County Fin. Auth., Multi Family Housing Rev. Bonds (Dering Family Homes Project), Series <br> 2023, 5.00% 7/1/2045 (put 2/1/2027)  | 840 | 856 |
| Common Schools GO Bonds, Series 2025-A, 5.00% 6/15/2035  | 1000 | 1173 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Cuyahoga, Metropolitan Housing Auth., Multi Family Housing Rev. Bonds (Wade Park Apartments), <br> Series 2022, 4.75% 12/1/2027 (put 12/1/2025)  | 460 | 461 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2033  | 2000 | 1953 |
| County of Franklin, Health Care Facs. Rev. Ref. Bonds (Ohio Living Communities), Series 2022, 4.00% 7/1/2036  | 2000 | 1873 |
| County of Franklin, Hospital Facs. Rev. Bonds (OhioHealth Corp.), Series 2015, 5.00% 5/15/2045  | 1860 | 1860 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Franklin, Hospital Facs. Rev. Ref. Bonds (Nationwide Children's Hospital), Series 2016-C, 5.00% 11/1/<br> 2031  | 540 | 605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Franklin, Hospital Facs. Rev. Ref. Bonds (Nationwide Children's Hospital), Series 2016-C, 4.00% 11/1/<br> 2040  | 1000 | 970 |
| GO Higher Education Bonds, Series 202-A, 5.00% 5/1/20  | 2500 | 2705 |
| GO Infrastructure Improvement Bonds, Series 2025-A, 5.00% 3/1/2032  | 1375 | 1576 |
| County of Hamilton, Healthcare Rev. Bonds (Life Enriching Communities Project), Series 2023-A, 5.50% 1/1/2043  | 500 | 517 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2038  | 2075 | 2253 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2041  | 3825 | 4008 |
| County of Hamilton, Hospital Facs. Rev. Bonds (UC Health), Series 2025-A, 5.50% 8/1/2042  | 925 | 959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Hamilton, Metropolitan Sewer Dist. of Greater Cincinnati, Sewer System Rev. Ref. Bonds, Series 2024-B, <br> 5.00% 12/1/2031  | 1000 | 1138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Higher Educational Facs. Commission, Hospital Parking Rev. Bonds (University Circle, Inc. 2020 Project), Series <br> 2020, 5.00% 1/15/2038  | 2265 | 2331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospital Facs. Rev. Bonds (Children's Hospital Medical Center of Akron), Series 2024-B, 5.00% 8/15/2054 (put 8/<br> 15/2032)  | 3205 | 3563 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2033 <sup>(a)</sup>  | 420 | 424 |
| Hospital Rev. Bonds (Aultman Health Foundation), Series 2018, 5.00% 12/1/2038 <sup>(a)</sup>  | 250 | 244 |
| Hospital Rev. Ref. Bonds (Cleveland Clinic Health System Obligated Group), Series 2017-A, 3.25% 1/1/2035  | 1000 | 974 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2019-A, <br> 4.50% 9/1/2049  | 2195 | 2224 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2022-A, <br> 3.25% 9/1/2052  | 565 | 561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2023-A, <br> 5.50% 3/1/2053  | 855 | 907 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2024-A, <br> 6.25% 3/1/2055  | 715 | 781 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2024-B, <br> 6.25% 3/1/2055  | 2420 | 2664 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Residential Mortgage Rev. Bonds (Mortgage-Backed Securities Program), Series 2025-B, <br> 6.50% 3/1/2056  | 5000 | 5702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Lucas, Hospital Rev. Bonds (Promedica Healthcare Obligated Group), Series 2015-B, 4.00% <br>11/15/2045  | 1895 | 1612 |
| Miami University, General Receipts and Rev. Ref. Bonds, Series 2024-A, 5.00% 9/1/2038  | 1000 | 1106 |
| County of Montgomery, Hospital Facs. Rev. Bonds (Dayton Children's Hospital), Series 2021, 4.00% 8/1/2037  | 2100 | 2127 |

---

Capital Group Municipal Income ETF — Page 31 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Ohio (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ohio State University, General Receipts Green Bonds (Multiyear Debt Issuance Program II), Series 2023-B, 5.00% <br> 12/1/2034  | USD1,315 | $1508 |
| Private Activity Bonds (Portsmouth Bypass Project), Series 2015, AMT, 5.00% 12/31/2025  | 670 | 671 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Summit, Dev. Fin. Auth. Multi Family Housing Rev. Bonds (Wintergreen Ledges Apartments), Series <br> 2025, 5.00% 4/1/2028 (put 4/1/2027)  | 3755 | 3868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), <br> Series 2024, 5.00% 7/1/2033  | 975 | 1078 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), <br> Series 2024, 5.00% 7/1/2034  | 900 | 997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), <br> Series 2024, 5.00% 7/1/2036  | 1130 | 1228 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), <br> Series 2024, 5.00% 7/1/2037  | 1000 | 1077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), <br> Series 2024, 5.00% 7/1/2038  | 775 | 826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Improvement and Rev. Ref. Bonds (Otterbein Homes Obligated Group), <br> Series 2024, 5.00% 7/1/2041  | 1200 | 1243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2019-A, 5.00% <br> 7/1/2027  | 740 | 764 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2033  | 875 | 885 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2034  | 1000 | 1011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2035  | 1000 | 1010 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Warren, Healthcare Facs., Rev. Ref. Bonds (Otterbein Homes Obligated Group), Series 2016-A, 5.00% <br> 7/1/2036  | 580 | 585 |
| Water Dev. Auth., Water Pollution Control Loan Fund Rev. Bonds, Series 2024-D, 5.00% 12/1/2033  | 2000 | 2328 |
|  |  | 93881 |
| **Oklahoma 0.37%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2023-C, 6.00% <br> 3/1/2054  | 705 | 776 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2024-A, 6.00% <br> 9/1/2054  | 1665 | 1835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Agcy., Single Family Mortgage Rev. Bonds (Homeownership Loan Program), Series 2025-A, 6.25% <br> 9/1/2056  | 2340 | 2651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Norman Regional Hospital Auth., Hospital Rev. Ref. Bonds (Norman Regional Hospital Auth. Obligated Group), <br> Series 2017, 5.00% 9/1/2037  | 1420 | 1271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma City Water Utilities Trust, Water and Sewer System Rev. Ref. Bonds, Series 2016, 4.00% 7/1/2042 <br> (preref. 7/1/2026)  | 2000 | 2022 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma City Water Utilities Trust, Water and Sewer System Rev. Ref. Bonds, Series 2016, 4.00% 7/1/2046 <br> (preref. 7/1/2026)  | 2000 | 2022 |
| Turnpike Auth., Turnpike System Rev. Bonds, Series 2025-A, 5.00% 1/1/2038  | 4000 | 4499 |
|  |  | 15076 |
| **Oregon 0.86%** |  |  |
| Dept. of Administrative Services, State Lottery Rev. Ref. Bonds, Series 2025-A, 5.00% 4/1/2037  | 1000 | 1142 |
| Clackamas Community College Dist., GO Rev. Ref. Bonds, Series 2025, 5.00% 6/15/2042  | 1500 | 1621 |
| GO Bonds, Series 2021-A, 5.00% 5/1/2026  | 1050 | 1065 |
| GO Bonds, Series 2021-A, 5.00% 5/1/2029  | 1015 | 1109 |
| GO Bonds (Article XI-Q State Projects), Series 2019-A, 5.00% 5/1/2027  | 1405 | 1464 |
| GO Bonds (Article XI-Q State Projects), Series 2023-A, 5.00% 5/1/2034  | 500 | 576 |
| GO Bonds (Article XI-Q State Projects), Series 2025-A, 5.00% 5/1/2037  | 950 | 1087 |
| GO Bonds (Article XI-Q State Projects), Series 2025-A, 5.25% 5/1/2043  | 2000 | 2210 |

---

Capital Group Municipal Income ETF — Page 32 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Oregon (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| GO Bonds (Veteran's Welfare Bonds Series 111), Series 2023-E, 5.50% 12/1/2053  | USD240 | $258 |
| GO Rev. Ref. Bonds (Article XI-G State Projects), Series 2025-G, 5.00% 8/1/2041  | 375 | 409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing and Community Services Dept., Mortgage Rev. Bonds (Single Family Mortgage Program), Series <br> 2024-C, 6.50% 7/1/2054  | 2545 | 2841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Multnomah, Hospital Facs. Auth., Rev. and Rev. Ref. Green Bonds (Exempt Terwilliger Plaza - Parkview <br> Project), Series 2021-A, 4.00% 12/1/2041  | 765 | 647 |
| Port of Portland, Portland International Airport Rev. Green Bonds, Series 30-A, AMT, 5.25% 7/1/2041  | 3165 | 3382 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2030  | 2990 | 3271 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2031  | 3155 | 3480 |
| Port of Portland, Portland International Airport Rev. Ref. Bonds, Series 30-B, AMT, 5.00% 7/1/2032  | 3260 | 3623 |
| Dept. of Transportation, Highway User Tax Rev. Ref. Bonds, Series 2024-A, 5.00% 11/15/2031  | 1705 | 1948 |
| Washington County, Full Faith and Credit Obligations, Series 2025, 5.00% 6/1/2037  | 4645 | 5325 |
|  |  | 35458 |
| **Pennsylvania 2.74%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Adams, General Auth. Rev. Bonds (The Brethren Home Community Project), Series 2024-A, 5.00% 6/1/<br> 2044  | 2350 | 2319 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Allegheny, Hospital Dev. Auth., Rev. Bonds, (University of Pittsburgh Medical Center Issue), Series <br> 2019-A, 4.00% 7/15/2038  | 1000 | 958 |
| County of Allegheny, Hospital Dev. Auth., UPMC Rev. Bonds, Series 2019-A, 4.00% 7/15/2037  | 3270 | 3200 |
| Berks County Municipal Auth. Rev. Bonds (Tower Health Project), Series 2024-A-3, 5.00% 6/30/2039  | 4427 | 4008 |
| County of Berks, Municipal Auth., Rev. Bonds (Tower Health Project), Series 2024-A-2, 6.00% 6/30/2034  | 631 | 660 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2029  | 1155 | 1179 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2030  | 515 | 526 |
| County of Bucks, Industrial Dev. Auth., Rev. Bonds (Pennswood Village Project), Series 2018-A, 5.00% 10/1/2031  | 660 | 674 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Chester, Industrial Dev. Auth., Rev. Notes (Avon Grove Charter School Project), Series 2024, 5.00% 3/1/<br> 2027  | 345 | 349 |
| City of Doylestown, Hospital Auth., Rev. Bonds (Doylestown Hospital), Series 2024, 5.375% 7/1/2039 <sup>(a)</sup>  | 110 | 119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Penndot Major Bridges Package One Project), Series <br> 2022, AMT, 5.00% 12/31/2030  | 700 | 760 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Penndot Major Bridges Package One Project), Series <br> 2022, AMT, 5.25% 6/30/2035  | 1000 | 1086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Fncg. Auth., Private Activity Rev. Bonds (The Pennsylvania Rapid Bridge Replacement Project), Series <br> 2015, AMT, 5.00% 12/31/2034  | 3430 | 3453 |
| Econ. Dev. Fncg. Auth., Rev. Bonds (Presbyterian Senior Living Project), Series 2023-B-2, 5.00% 7/1/2038  | 800 | 830 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Noble Environmental, Inc. Project), Series 2025, AMT, <br> 6.875% 9/1/2047 <sup>(a)</sup>  | 1235 | 1266 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2011, AMT, <br> 4.25% 7/1/2041 (put 7/1/2027)  | 15000 | 15117 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), Series 2021-A-2, <br> AMT, 4.60% 10/1/2046 (put 10/1/2026)  | 1000 | 1004 |
| Econ. Dev. Fncg. Auth., UPMC Rev. Bonds, Series 2020-A, 4.00% 4/15/2039  | 500 | 477 |
| Erie County School Dist., Limited Tax GO Bonds, Series 2019-A, AGI, 5.00% 4/1/2031  | 525 | 564 |
| GO Bonds, Series 2016, AGI, 5.00% 9/15/2026  | 560 | 574 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 5.00% 6/1/2032  | 2150 | 2309 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 5.00% 6/1/2033  | 1390 | 1489 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2020, 2.45% 6/1/2041  | 280 | 256 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2023-B, AMT, 4.00% 6/1/2044  | 250 | 247 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2024-1A, AMT, 4.125% 6/1/2045  | 285 | 278 |
| Higher Education Assistance Agcy., Education Loan Rev. Bonds, Series 2025-1A, AMT, 4.75% 6/1/2046  | 1235 | 1237 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2017-125-B, 3.65% 10/1/2042  | 1000 | 908 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2018-126-A, 4.00% 10/1/2048  | 1960 | 1965 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2022-140-A, 5.00% 10/1/2052  | 1710 | 1767 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2023-141-A, 5.75% 10/1/2053  | 685 | 727 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-144A, 6.00% 10/1/2054  | 785 | 852 |

---

Capital Group Municipal Income ETF — Page 33 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Pennsylvania (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-146A, 6.25% 10/1/2054  | USD2,710 | $2976 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2024-147-A, 6.25% 10/1/2054  | 3000 | 3325 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2025-150-A, 6.25% 10/1/2055  | 6485 | 7355 |
| Housing Fin. Agcy., Single Family Mortgage Rev. Bonds, Series 2025-149-A, 6.50% 10/1/2055  | 1875 | 2153 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Lancaster, Hospital Auth., Health Center Rev. Bonds (Masonic Villages Project), Series 2023, 5.125% 11/<br> 1/2038  | 360 | 385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster County, Hospital Auth., Health Center Rev. Bonds (Brethren Village Project), Series 2017, 5.125% 7/1/<br> 2037  | 1035 | 1023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/<br> 2031  | 210 | 227 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/<br> 2032  | 305 | 332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/<br> 2033  | 400 | 437 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster Municipal Auth., Healthcare Facs. Rev. Bonds (Garden Spot Village Project), Series 2024-A, 5.00% 5/1/<br> 2034  | 420 | 457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh Valley), Series 2024-A, 5.10% <br> 6/15/2039 <sup>(d)</sup>  | 4890 | 4793 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Montgomery, Industrial Dev. Auth., Exempt Facs. Rev. Ref. Bonds (Constellation Energy Generation, <br> LLC Project), Series 2023-C, 4.10% 6/1/2029  | 1290 | 1341 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2016, 5.00% 11/15/2033  | 1960 | 1984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Montgomery, Industrial Dev. Auth., Retirement Communities Rev. Bonds (ACTS Retirement - Life <br> Communities, Inc. Obligated Group), Series 2025-A, 5.00% 11/15/2042  | 7000 | 7087 |
| Pennsylvania State University Bonds, Series 2025-A, 5.00% 9/1/2042  | 2500 | 2697 |
| Pennsylvania State University Bonds, Series 2025-A, 5.00% 9/1/2043  | 1180 | 1264 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Philadelphia, Hospitals and Higher Education Facs. Auth., Hospital Rev. Bonds (Temple University Health <br> System Obligated Group), Series 2017, 5.00% 7/1/2031  | 1000 | 1021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Philadelphia, Hospitals and Higher Education Facs. Auth., Hospital Rev. Bonds (Temple University Health <br> System Obligated Group), Series 2017, 5.00% 7/1/2032  | 1000 | 1018 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Philadelphia, Industrial Dev. Auth., Hospital Rev. Bonds (The Children's Hospital of Philadelphia Project), <br> Series 2017, 5.00% 7/1/2034  | 980 | 1012 |
| Philadelphia School Dist., GO Bonds, Series 2019-A, NATL,5.00% 9/1/2026  | 500 | 511 |
| Philadelphia School Dist., GO Bonds, Series 2016-F, 5.00% 9/1/2028  | 2750 | 2797 |
| Philadelphia School Dist., GO Green Bonds, Series 2023-B, 5.25% 9/1/2038  | 1000 | 1102 |
| Philadelphia School Dist., GO Rev. Ref. Bonds, Series 2007-A, FGIC-NATL, 5.00% 6/1/2034  | 6000 | 6791 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Township of West Cornwall, Municipal Auth., Healthcare Facs. Rev. Bonds (Lebanon Valley Brethren Home <br> Project), Series 2021-A, 4.00% 11/15/2036  | 365 | 348 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2019-A, 5.00% 12/1/2027  | 500 | 527 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2024-C, 5.00% 12/1/2038  | 1520 | 1685 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2025-B, 5.25% 12/1/2044  | 2000 | 2176 |
| Turnpike Commission, Turnpike Rev. Bonds, Series 2015-B, 5.00% 12/1/2045  | 1905 | 1912 |
| Turnpike Commission, Turnpike Rev. Ref. Bonds, Series 2025-1, 5.00% 12/1/2036  | 1500 | 1715 |
| Turnpike Commission, Turnpike Rev. Ref. Bonds, Series 2025-2, 5.00% 12/1/2045 (put 12/1/2032)  | 960 | 1084 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Westmoreland, Industrial Dev. Auth., Health System Rev. Bonds (Excela Health Project), Series 2020-A, <br> 4.00% 7/1/2026  | 500 | 501 |
|  |  | 113194 |
| **Puerto Rico 2.53%** |  |  |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 5.00% 7/1/2033 <sup>(a)</sup>  | 500 | 521 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2020-A, 5.00% 7/1/2035 <sup>(a)</sup>  | 1500 | 1546 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2022-A, 5.00% 7/1/2037 <sup>(a)</sup>  | 1860 | 1925 |
| Aqueduct and Sewer Auth., Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2042 <sup>(a)</sup>  | 2500 | 2254 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2017 <sup>(e)</sup>  | 95 | 65 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-ZZ, 5.00% 7/1/2017  | 1365 | 935 |

---

Capital Group Municipal Income ETF — Page 34 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Puerto Rico (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Electric Power Auth., Power Rev. Bonds, Series 2016-B-4, 10.00% 7/1/2019  | USD450 | $308 |
| Electric Power Auth., Power Rev. Bonds, Series 2008-WW, 5.375% 7/1/2023 <sup>(e)</sup>  | 70 | 48 |
| Electric Power Auth., Power Rev. Bonds, Series 2007-TT, 5.00% 7/1/2032 <sup>(e)</sup>  | 190 | 131 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-EEE, 6.05% 7/1/2032  | 2325 | 1598 |
| Electric Power Auth., Power Rev. Bonds, Series 2003-NN, NATL, 4.75% 7/1/2033  | 320 | 310 |
| Electric Power Auth., Power Rev. Bonds, Series 2013-A, 6.75% 7/1/2036 <sup>(e)</sup>  | 465 | 320 |
| Electric Power Auth., Power Rev. Bonds, Series 2010-XX, 5.25% 7/1/2040 <sup>(e)</sup>  | 4080 | 2805 |
| Electric Power Auth., Power Rev. Bonds, Series 2012-A, 5.00% 7/1/2042 <sup>(e)</sup>  | 695 | 478 |
| Electric Power Auth., Power Rev. Custodial Receipts, Series 2025-PRB-RR, 0% 7/1/2030 <sup>(a)</sup>  | 2500 | 1703 |
| Electric Power Auth., Power Rev. Ref. Bonds, Series 2010-DDD, 5.00% 7/1/2021 <sup>(e)</sup>  | 1400 | 959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Electric Power Auth., Power Rev. Ref. Bonds, Series 2007-UU, AGI, (3-month USD CME Term SOFR x 0.67 + 0.52%) <br> 3.571% 7/1/2029 <sup>(b)</sup>  | 1015 | 977 |
| GO Bonds, Series 2022, 0%11/1/2051 <sup>(b)</sup>  | 7500 | 2541 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2033  | 1532 | 1516 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2037  | 8945 | 8497 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2041  | 2673 | 2396 |
| GO Restructured Bonds, Series 2022-A-1, 4.00% 7/1/2046  | 2666 | 2304 |
| GO Taxable Bonds, Series 2022, 0% 11/1/2043 <sup>(b)</sup>  | 30303 | 20076 |
| GO Taxable Bonds, CAB, Series 2022, 0% 11/1/2051  | 28442 | 19234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Auth., Collateralized Multi Family Housing Rev. Bonds (Mirador Las Casas Project), Series 2023-B, <br> 5.00% 3/1/2027 (put 3/1/2026)  | 475 | 479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. <br> Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2021, 5.00% 7/1/2033  | 435 | 463 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Industrial, Tourist, Educational, Medical and Environmental Control Facs. Fncg. Auth., Hospital Rev. and Rev. Ref. <br> Bonds (Hospital Auxilio Mutuo Obligated Group Project), Series 2021, 4.00% 7/1/2041  | 455 | 401 |
| Public Fin. Corp., Commonwealth Appropriation Bonds, Series 2001-E, 6.00% 8/1/2026 (escrowed to maturity)  | 1285 | 1319 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 23063 | 22092 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, Series 2019-A-2, 4.329% 7/1/2040  | 5682 | 5443 |
| Sales Tax Fncg. Corp., Sales Tax Rev. Restructured Bonds, CAB, Series 2018-A-1, 0% 7/1/2046  | 2000 | 683 |
|  |  | 104327 |
| **Rhode Island 0.29%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Building Corp., Hospital Fncg. Rev. Bonds (Lifespan Obligated Group Issue), Series 2024, <br> 5.00% 5/15/2034  | 5000 | 5527 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2022-A, AMT, 4.125% 12/1/2041  | 805 | 786 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-A, AMT, 4.125% 12/1/2043  | 355 | 339 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2024-B, AMT, 4.125% 12/1/2043  | 845 | 800 |
| Student Loan Auth., Education Loan Rev. Bonds, Series 2025-1, AMT, 5.00% 12/1/2044  | 3505 | 3511 |
| Student Loan Auth., Student Loan Program Rev. Bonds, Series 2020-A, AMT, 3.625% 12/1/2037  | 500 | 491 |
| Tobacco Settlement Fin. Corp., Tobacco Settlement Asset-Backed Bonds, Series 2015-A, 5.00% 6/1/2026  | 500 | 502 |
|  |  | 11956 |
| **South Carolina 1.56%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Dorchester, Summers Corner Improvement Dist., Assessment Rev. Bonds, Series 2023, 4.50% <br>10/1/2033  | 210 | 211 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Greenville, Housing Auth., Multi Family Housing Rev. Bonds (Cherokee Landing Apartments Project), <br> Series 2023, 5.00% 7/1/2027 (put 7/1/2026)  | 800 | 811 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2024-B, 6.00% 1/1/2055  | 4100 | 4559 |
| Housing Fin. and Dev. Auth., Mortgage Rev. Bonds, Series 2025-A, 6.50% 7/1/2055  | 4320 | 4937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jobs-Econ. Dev. Auth., Environmental Improvement Rev. Ref. Bonds (International Paper Company Project), <br> Series 2023-A, AMT, 4.00% 4/1/2033 (put 4/1/2026)  | 5645 | 5672 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% 11/<br> 1/2045  | 2120 | 2268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% 11/<br> 1/2046  | 10000 | 10641 |

---

Capital Group Municipal Income ETF — Page 35 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **South Carolina (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br>11/1/2048  | USD5,000 | $5299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jobs-Econ. Dev. Auth., Health Care Facs. Rev. Bonds (Novant Health Obligated Group), Series 2024-A, 5.50% <br>11/1/2049  | 6000 | 6349 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jobs-Econ. Dev. Auth., Hospital Facs. Rev. Bonds (Bon Secours Mercy Health, Inc.), Series 2025-A, 5.25% 11/1/<br> 2042  | 1875 | 2034 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jobs-Econ. Dev. Auth., Retirement Community Rev. Bonds (Seafields at Kiawah Island Project), Series 2023-B-1, <br> 5.75% 11/15/2029  | 2500 | 2501 |
| Patriots Energy Group Fncg. Agcy., Gas Supply Rev. Bonds, Series 2023-B-1, 5.25% 2/1/2054 (put 3/1/2031)  | 1000 | 1092 |
| Public Service Auth., Improvement Rev. Obligations (Santee Cooper), Series 2025-A, 5.00% 12/1/2040  | 940 | 1012 |
| Public Service Auth., Improvement Rev. Obligations (Santee Cooper), Series 2025-A, 5.00% 12/1/2041  | 1500 | 1599 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2022-A, 5.00% 12/1/2034  | 4005 | 4408 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2022-A, 5.00% 12/1/2039  | 2000 | 2098 |
| Public Service Auth., Rev. Obligations (Santee Cooper), Series 2016-B, 5.00% 12/1/2041  | 1000 | 1006 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2029  | 2870 | 2912 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2033  | 500 | 506 |
| Public Service Auth., Rev. Ref. Obligations (Santee Cooper), Series 2016-A, 5.00% 12/1/2038  | 1465 | 1475 |
| Spartanburg Regional Health Services Dist., Hospital Rev. Ref. Bonds, Series 2022, 5.00% 4/15/2031  | 2595 | 2884 |
|  |  | 64274 |
| **South Dakota 0.30%** |  |  |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2023-G, 6.25% 5/1/2055  | 575 | 625 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2024-A, 6.25% 5/1/2055  | 4405 | 4815 |
| Housing Dev. Auth., Homeownership Mortgage Bonds, Series 2025-A, 6.50% 11/1/2055  | 6125 | 6996 |
|  |  | 12436 |
| **Tennessee 1.43%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Board of the Metropolitan Government of Nashville and Davidson County, Rev. <br> Bonds (Vanderbilt University Medical Center), Series 2016-A, 5.00% 7/1/2035  | 7335 | 7402 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2017-2A, AMT, 4.00% 1/1/2042  | 265 | 266 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2019-1, 4.25% 1/1/2050  | 750 | 757 |
| Housing Dev. Agcy., Residential Fin. Program Bonds, Series 2025-2-A, 6.00% 1/1/2056  | 4315 | 4845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Johnson City, Health and Educational Facs. Board, Hospital Rev. Ref. Bonds (Ballad Health), Series 2023-A, <br> 5.00% 7/1/2032  | 10000 | 11120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Knox, Health, Educational and Housing Fac. Board, Multi Family Housing Rev. Bonds (The Pines <br> Apartments Project), Series 2024, 3.10% 9/1/2029 (put 9/1/2027)  | 690 | 693 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Knox, Health, Educational and Housing Fac. Board, Student Housing Rev Bonds (Provident Group - <br> UTK Properties, LLC - University of Tennessee Project), Series 2024-A-1, BAM, 5.00% 7/1/2038  | 290 | 310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Knox, Health, Educational and Housing Fac. Board, Student Housing Rev Bonds (Provident Group - <br> UTK Properties, LLC - University of Tennessee Project), Series 2024-B-1, BAM, 5.00% 7/1/2044  | 2000 | 2050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Knoxville Community Dev. Corp., Collateralized Multi Family Housing Bonds (Grosvenor Square Project), Series <br> 2022, 4.00% 12/1/2027 (put 6/1/2026)  | 1625 | 1632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Knoxville Community Dev. Corp., Collateralized Multi Family Housing Bonds (Willow Place Project), Series 2023, <br> 3.75% 12/1/2027 (put 6/1/2026)  | 800 | 804 |
| City of Memphis, Electric System Rev. and Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2028  | 945 | 1021 |
| City of Memphis, Electric System Rev. and Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2029  | 410 | 452 |
| City of Memphis, Electric System Rev. and Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2030  | 350 | 393 |
| Tennergy Corp., Gas Supply Rev. Bonds, Series 2021-A, 4.00% 12/1/2051 (put 9/1/2028)  | 4000 | 4100 |
| Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2018, 4.00% 11/1/2049 (put 11/1/2025)  | 1000 | 1001 |
| Tennessee Energy Acquisition Corp., Gas Project Rev. Bonds, Series 2023-A-1, 5.00% 5/1/2053 (put 5/1/2028)  | 5000 | 5221 |
| Tennessee Energy Acquisition Corp., Gas Project Rev. Ref. Bonds, Series 2025-A, 5.00% 12/1/2035  | 14315 | 15494 |

---

Capital Group Municipal Income ETF — Page 36 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Tennessee (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| County of Williamson, GO Public Improvement and School Bonds, Series 2019, 5.00% 4/1/2026  | USD235 | $238 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Williamson Industrial Dev. Board, Multi Family Housing Rev. Bonds (Wood Duck Court Apartments), <br> Series 2023, 5.00% 5/1/2042 (put 5/1/2027)  | 1095 | 1119 |
|  |  | 58918 |
| **Texas 12.51%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affordable Housing Corp., Multi Family Housing Rev. Bonds (Juniper Creek Apartments Project), Series 2023, <br> 3.75% 7/1/2044 (put 7/1/2026)  | 405 | 407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Affordable Housing Corp., Multi Family Housing Rev. Bonds (Norman Commons), Series 2023, 3.625% 1/1/2045 <br> (put 1/1/2027)  | 3140 | 3170 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Airport System Facs. Rev. Bonds (United Airlines, Inc. Technical Operations Center Project), Series 2018, AMT, <br> 5.00% 7/15/2028  | 2245 | 2302 |
| Alamo Community College Dist., Limited Tax Bonds, Series 2021, 5.00% 8/15/2026  | 2150 | 2197 |
| Allen Independent School Dist. Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2042  | 1100 | 1170 |
| Anna Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.25% 2/15/2050  | 2465 | 2632 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Fin. Corp., Education Rev. Bonds (Basis Texas Charter Schools, Inc.), Series 2024, <br> 4.50% 6/15/2044 <sup>(a)</sup>  | 885 | 800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Fin. Corp., Education Rev. Bonds (Great Hearts America - Texas), Series 2024-A, <br> 4.50% 8/15/2039  | 390 | 383 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Fin. Corp., Education Rev. Bonds (Harmony Public Schools), Series 2024, 4.00% 2/15/<br> 2049  | 1115 | 1016 |
| City of Arlington, Water and Wastewater System Rev. Ref. and Improvement Bonds, Series 2024, 5.00% 6/1/2036  | 1445 | 1626 |
| Aubrey Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 2/15/2039  | 1140 | 1229 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Austin Affordable PFC, Inc., Multi Family Housing Rev. Bonds (Eagle's Landing Family Apartments), Series 2024-B, <br> 5.00% 9/1/2028 (put 9/1/2027)  | 195 | 203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Austin Affordable PFC, Inc., Multi Family Housing Rev. Bonds (Village at Cottonwood Apartments), Series 2024-B, <br> 5.00% 9/1/2028 (put 9/1/2027)  | 160 | 166 |
| Austin Community College Dist., Limited Tax Bonds, Series 2023, 5.00% 8/1/2039  | 1000 | 1086 |
| City of Austin, Airport System Rev. Bonds, Series 2019-B, AMT, 5.00% 11/15/2033  | 1000 | 1054 |
| City of Austin, Electric Utility System Rev. Ref. Bonds, Series 2015-A, 5.00% 11/15/2031  | 1000 | 1002 |
| City of Austin, Public Improvement and Rev. Ref. Bonds, Series 2025, 5.00% 9/1/2040  | 2000 | 2214 |
| City of Austin, Public Improvement and Rev. Ref. Bonds, Series 2025, 5.00% 9/1/2042  | 2250 | 2441 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2036  | 1500 | 1661 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2037  | 1250 | 1372 |
| City of Austin, Water and Wastewater System Rev. Ref. Bonds, Series 2022, 5.00% 11/15/2038  | 1750 | 1905 |
| County of Bexar, Hospital Dist., Limited Tax Rev. Ref. Bonds, Series 2019, 5.00% 2/15/2034  | 1750 | 1827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Boerne Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2023, 3.125% 2/1/2053 <br> (put 2/1/2027)  | 485 | 487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC <br> Project), Series 2022, AMT, 10.00% 6/1/2042 <sup>(a)(c)</sup>  | 26 | 6 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Aleon Renewable Metals, LLC <br> Project), Series 2023, AMT, 12.00% 6/1/2043 <sup>(a)</sup>  | 135 | 31 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazoria County Industrial Dev. Corp., Solid Waste Disposal Facs. Rev. Bonds (Gladieux Metals Recycling, LLC <br> Project), Series 2019-B, AMT, 7.00% 3/1/2039 <sup>(e)</sup>  | 625 | 144 |
| County of Brazoria, Municipal Utility Dist. No. 42, Unlimited Tax Bonds, Series 2025, 4.625% 4/1/2043  | 1270 | 1234 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2024-1-A, AMT, 4.00% 4/1/2045  | 1315 | 1181 |
| Brazos Higher Education Auth., Inc., Student Loan Program Rev. Bonds, Series 2025-1A, AMT, 4.50% 4/1/2046  | 6505 | 6554 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area No. <br> 1), Series 2025, 5.875% 9/1/2045 <sup>(a)</sup>  | 240 | 236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area <br> Project), Series 2025, 5.75% 9/1/2033 <sup>(a)</sup>  | 241 | 243 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Buda, Special Assessment Rev. Bonds (Persimmon Public Improvement Dist. Major Improvement Area <br> Project), Series 2025, 6.625% 9/1/2045 <sup>(a)</sup>  | 506 | 498 |
| County of Caldwell, Municipal Utility Dist. No. 2, Unlimited Tax Road Bonds, Series 2024-B, 4.375% 9/1/2041  | 1005 | 932 |
| County of Caldwell, Municipal Utility Dist. No. 2, Unlimited Tax Road Bonds, Series 2024-A, 4.375% 9/1/2043  | 1095 | 1004 |

---

Capital Group Municipal Income ETF — Page 37 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Texas (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Area Housing Fin. Corp., Multi Family Housing Rev. Bonds (Redwood Apartments), Series 2020, 3.50% <br> 1/1/2041 (put 1/1/2026)  | USD2,000 | $2001 |
| Cedar Hill Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2038  | 1820 | 2004 |
| Celina Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2042  | 3420 | 3644 |
| Central Texas Regional Mobility Auth., Rev. Bonds, Series 2021-B, 5.00% 1/1/2032  | 500 | 551 |
| Central Texas Regional Mobility Auth., Rev. Ref. Bonds, Series 2021-D, 5.00% 1/1/2030  | 2130 | 2327 |
| Clear Creek Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2016, 3.00% 2/15/2033  | 1000 | 991 |
| Clear Creek Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024-A, 5.00% 2/15/2033  | 575 | 659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Idea Public Schools), Series 2025, 5.00% <br> 8/15/2043  | 4755 | 5014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Fin. Corp., Education Rev. and Rev. Ref. Bonds (Idea Public Schools), Series 2025, 5.00% <br> 8/15/2044  | 3780 | 3959 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2018, 5.00% 8/15/2027  | 1000 | 1044 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Idea Public Schools), Series 2022-A, 3.00% 8/15/2051  | 2000 | 1382 |
| Clifton Higher Education Fin. Corp., Education Rev. Bonds (Valor Education), Series 2023-A, 5.75% 6/15/2038 <sup>(a)</sup>  | 500 | 500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (Idea Public Schools), Series 2024, 5.00% 8/15/<br> 2039  | 1000 | 1068 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (International Leadership of Texas, Inc.), Series <br> 2024-A, 5.00% 8/15/2038  | 105 | 112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Fin. Corp., Education Rev. Ref. Bonds (International Leadership of Texas, Inc.), Series <br> 2025-B, 4.00% 2/15/2055 (put 2/15/2030)  | 1680 | 1750 |
| College Student Loan GO Bonds, Series 2019, AMT, 5.00% 8/1/2027  | 1000 | 1040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 4.00% 2/15/2035  | 2400 | 2737 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 5.00% 2/15/2036  | 1000 | 1129 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024, 5.00% 2/15/2040  | 1165 | 1259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prosper Independent School Dist. (Counties of Collin and Denton), Unlimited Tax School Building Bonds, Series <br> 2024-A, 5.00% 2/15/2040  | 1000 | 1083 |
| Comal Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2025, 5.00% 2/1/2043  | 615 | 655 |
| Conroe Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2034  | 2440 | 2764 |
| Conroe Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2037  | 1630 | 1818 |
| Crowley Independent School Dist., Unlimited Tax School Building Bonds, Series 2019, 5.00% 8/1/2031  | 1045 | 1126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cypress-Fairbanks Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/<br> 2032  | 1000 | 1136 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cities of Dallas and Fort Worth, Dallas/Fort Worth International Airport, Joint Rev. Ref. and Improvement Bonds, <br> Series 2025-A, AMT, 5.00% 11/1/2032  | 7000 | 7785 |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2015-A, 4.00% 10/1/2033  | 500 | 500 |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2024, 5.00% 10/1/2036  | 1090 | 1236 |
| City of Dallas, Waterworks and Sewer System Rev. Ref. Bonds, Series 2020-C, 5.00% 10/1/2038  | 1440 | 1534 |
| Dallas Area Rapid Transit Sales Tax Rev. Improvement and Rev. Ref. Bonds, Series 2020-A, 5.00% 12/1/2028  | 1080 | 1164 |
| Dallas Area Rapid Transit Sales Tax Rev. Ref. Bonds, Series 2019, 5.00% 12/1/2034  | 2500 | 2691 |
| Dallas Area Rapid Transit Sales Tax Rev. Ref. Bonds, Series 2016-A, 5.00% 12/1/2048 (preref. 12/1/2025)  | 1000 | 1004 |
| Dallas Independent School Dist., Unlimited Tax School Building Bonds, Series 2019-B, 3.00% 2/15/2034  | 1000 | 970 |
| Dallas Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2034  | 1605 | 1826 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (Highpoint at Wynnewood), Series 2022, <br> 3.50% 2/1/2044 (put 2/1/2026)  | 2900 | 2900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (Palladium Buckner Station), Series 2025, <br> 3.05% 8/1/2030 (put 8/1/2028)  | 1655 | 1663 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Bonds (West Virginia Apartments), Series 2024-B, <br> 5.00% 10/1/2028 (put 10/1/2027)  | 195 | 203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Dallas Housing Fin. Corp., Multi Family Housing Rev. Notes (Estates at Ferguson), Series 2023, 5.00% <br> 7/1/2042 (put 7/1/2027)  | 420 | 431 |
| Del Valle Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 6/15/2036  | 1525 | 1666 |

---

Capital Group Municipal Income ETF — Page 38 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Texas (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Denton, Special Assessment Rev. Bonds (Duck Point Public Improvement Dist.), Series 2025, 4.625% <br> 12/31/2035 <sup>(a)</sup>  | USD500 | $502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Denton, Special Assessment Rev. Bonds (Green Meadows Public Improvement Dist. Major <br> Improvement Area Project), Series 2025, 4.50% 12/31/2035 <sup>(a)</sup>  | 750 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Denton, Special Assessment Rev. Bonds (Green Meadows Public Improvement Dist. Major <br> Improvement Area Project), Series 2025, 5.00% 12/31/2035 <sup>(a)</sup>  | 810 | 829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-A, 4.625% 12/31/2031 <sup>(a)</sup>  | 194 | 197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Denton, Special Assessment Rev. Bonds (Tabor Ranch Public Improvement Dist. Improvement Area #1 <br> Project), Series 2024-A, 5.25% 12/31/2044 <sup>(a)</sup>  | 360 | 351 |
| Denton Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 8/15/2037  | 1390 | 1540 |
| Duncanville Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2040  | 1085 | 1166 |
| County of Ellis, Municipal Utility Dist. No. 1B, Unlimited Tax Utility Bonds, Series 2025, 4.375% 9/1/2037  | 1025 | 1031 |
| Forney Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2025, 5.25% 8/15/2041  | 500 | 556 |
| Forney Independent School Dist., Unlimited Tax School Building Rev. Ref. Bonds, Series 2025, 5.25% 8/15/2042  | 1000 | 1101 |
| Fort Bend County Municipal Utility Dist. No. 250, Contract Rev. Bonds, Series 2025, 4.25% 11/1/2037  | 1490 | 1490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fort Bend Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024-A, 5.00% 8/<br> 15/2043  | 3640 | 3845 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fort Bend Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024-A, 5.00% 8/<br> 15/2044  | 2570 | 2701 |
| Fort Worth Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2038  | 1000 | 1105 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2035  | 1210 | 1223 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2042  | 1070 | 999 |
| County of Fort Bend, Municipal Utility Dist. No. 216, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2045  | 1235 | 1158 |
| County of Fort Bend, Municipal Utility Dist. No. 232, Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2043  | 1250 | 1135 |
| City of Fort Worth, Water and Sewer System Rev. Bonds, Series 2024, 5.00% 2/15/2031  | 1350 | 1510 |
| Galena Park Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2038  | 1180 | 1309 |
| Galena Park Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2039  | 2045 | 2252 |
| County of Galveston, Municipal Utility Dist. No. 36, Unlimited Tax Bonds, Series 2024, 4.00% 9/1/2036  | 1180 | 1168 |
| County of Galveston, Municipal Utility Dist. No. 79, Unlimited Tax Bonds, Series 2024, 4.625% 4/1/2047  | 1000 | 913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gladieux Metals Recycling, LLC, Term Loan, (1-month USD CME Term SOFR + 10.00%) 14.361% PIK <br>10/20/2025 <sup>(b)(f)(g)(h)</sup>  | 215 | 215 |
| Gladieux Metals Recycling, LLC, Term Loan, (1-month USD CME Term SOFR + 10.00%) 14.363% 10/20/2025 <sup>(b)(g)</sup>  | 430 | 430 |
| Greenwood Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 2/15/2035  | 1275 | 1427 |
| Harlingen Consolidated Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2020, 5.00% 8/15/2032  | 1020 | 1105 |
| County of Harris, Municipal Utility Dist. No. 478, Contract Rev. Road Bonds, Series 2025-A, 4.875% 12/1/2038  | 1055 | 1064 |
| County of Harris, Municipal Utility Dist. No. 493, Unlimited Tax Road Bonds, Series 2024, 4.00% 9/1/2039  | 1050 | 984 |
| County of Harris, Municipal Utility Dist. No. 572, Unlimited Tax Bonds, Series 2025, 4.375% 4/1/2040  | 1070 | 1057 |
| County of Harris, Municipal Utility Dist. No. 578, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2041  | 1105 | 1016 |
| County of Harris, Municipal Utility Dist. No. 478, Contract Rev. Road Bonds, Series 2025, 4.375% 12/1/2041  | 1330 | 1231 |
| County of Harris, Municipal Utility Dist. No. 578, Unlimited Tax Bonds, Series 2024, 4.25% 9/1/2046  | 1085 | 975 |
| County of Harris, Permanent Improvement Rev. Ref. Bonds, Series 2020-A, 5.00% 10/1/2025  | 1000 | 1000 |
| County of Harris, Rev. Ref. Bonds, Series 2022-A, 5.00% 8/15/2031  | 2825 | 3194 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, Series 2024-A, 5.00% 11/15/2038  | 3110 | 3385 |
| County of Harris, Sports Auth., Rev. Ref. Bonds, CAB, Series 2001-H, NATL, 0% 11/15/2025 (escrowed to maturity)  | 1000 | 996 |
| County of Harris, Toll Road Rev. and Rev. Ref. Bonds, Series 2018-A, 5.00% 8/15/2030  | 625 | 660 |
| County of Harris, Toll Road Rev. Ref. Bonds, Series 2015-B, 5.00% 8/15/2035  | 1050 | 1051 |
| Harris County Hospital Dist., Limited Tax Bonds, Series 2025, 5.00% 2/15/2038  | 2000 | 2207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Harris County Housing Fin. Corp., Multi Family Housing Rev. Notes (Baypointe Apartments), Series 2025, 2.95% <br> 9/1/2043 (put 9/1/2028)  | 2045 | 2043 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hays Consolidated Independent School Dist., Unlimited Tax School Building Bonds, Series 2022, 5.00% 2/15/<br> 2035  | 740 | 812 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dept. of Housing and Community Affairs, Multi Family Housing Rev. Bonds (Palladium Old FM 471 W), Series <br> 2024, 3.05% 9/1/2029 (put 9/1/2027)  | 4375 | 4398 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2021-A, 3.00% 1/1/2052  | 1420 | 1401 |

---

Capital Group Municipal Income ETF — Page 39 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Texas (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Bonds, Series 2022-B, 5.75% 1/1/2053  | USD1,780 | $1924 |
| Dept. of Housing and Community Affairs, Residential Mortgage Rev. Ref. Bonds, Series 2025-D, 6.25% 1/1/2056  | 5000 | 5597 |
| Dept. of Housing and Community Affairs, Single Family Mortgage Rev. Bonds, Series 2023-C, 6.00% 3/1/2054  | 2905 | 3199 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Options, Inc., Multi Family Housing Rev. Bonds (Royal Crest Apartments), Series 2025, 3.05% 2/1/2045 <br> (put 2/1/2028)  | 765 | 768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2024-B, AMT, 5.25% 7/15/2034  | 11240 | 12045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2024-B, AMT, 5.50% 7/15/2035  | 2400 | 2638 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2024-B, AMT, 5.50% 7/15/2036  | 5325 | 5789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2024-B, AMT, 5.50% 7/15/2038  | 2250 | 2416 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2021-A, AMT, 4.00% 7/1/2041  | 1525 | 1387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Facs. Rev. Bonds (United Airlines, Inc. Terminal Improvement Projects), Series <br> 2021-B-1, AMT, 4.00% 7/15/2041  | 5855 | 5323 |
| City of Houston, Airport System Rev. and Rev. Ref. Bonds, Series 2025-A, AMT, 5.25% 7/1/2039  | 2000 | 2182 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2028  | 2825 | 2986 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 5.00% 7/1/2029  | 500 | 537 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2029  | 2500 | 2683 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2023-B, AGI, AMT, 5.00% 7/1/2031  | 15320 | 16865 |
| City of Houston, Airport System Rev. Ref. Bonds, Series 2021-A, AMT, 4.00% 7/1/2037  | 1085 | 1074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal E Project), Series <br> 2014, AMT, 5.00% 7/1/2029  | 1030 | 1030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement <br> Projects), Series 2020-A, AMT, 5.00% 7/1/2027  | 5595 | 5694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement <br> Projects), Series 2020-B-2, AMT, 5.00% 7/15/2027  | 1750 | 1782 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement <br> Projects), Series 2020-C, AMT, 5.00% 7/15/2027  | 1425 | 1451 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston, Airport System Special Facs. Rev. Ref. Bonds (United Airlines, Inc. Terminal Improvement <br> Projects), Series 2015-B-1, AMT, 5.00% 7/15/2030  | 1390 | 1390 |
| City of Houston, Combined Utility System Rev. Ref. Bonds, Series 2024-A, 5.00% 11/15/2025  | 2730 | 2737 |
| Houston Independent School Dist., Maintenance Tax Notes, Series 2025-A, 5.00% 7/15/2045 (put 7/15/2028)  | 4000 | 4237 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hutto Independent School Dist., Unlimited Tax School Building Bonds, Series 2015, 4.00% 2/1/2055 (put 8/1/<br> 2028)  | 1630 | 1682 |
| City of Irving, Hotel Occupancy Tax Rev. Ref. Bonds, Series 2019, 5.00% 8/15/2032  | 135 | 139 |
| Irving Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2034  | 6350 | 7133 |
| Katy Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 5.00% 2/15/2036  | 2145 | 2409 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Kendall, Water Control and Improvement Dist. No. 2B, Unlimited Tax Bonds, Series 2025, 4.50% 9/1/<br> 2037  | 1150 | 1146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Kendall, Water Control and Improvement Dist. No. 2B, Unlimited Tax Bonds, Series 2025, 4.875% 9/1/<br> 2046  | 1040 | 1035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Klein Independent School Dist., Unlimited Tax Schoolhouse and Rev. Ref. Bonds (Permanent School Fund <br> Guarantee Program), Series 2025, 4.00% 8/1/2048  | 1550 | 1433 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lavon, Special Assessment Rev. Bonds (Trails of Lavon Public Community Dist. Projects), Series 2025, <br> 4.25% 9/15/2032 <sup>(a)</sup>  | 340 | 344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Lavon, Special Assessment Rev. Bonds (Trails of Lavon Public Community Dist. Projects), Series 2025, <br> 5.75% 9/15/2045 <sup>(a)</sup>  | 330 | 337 |
| Lazy Nine Municipal Utility Dist. No. 1A, Unlimited Tax Bonds, Series 2023, 5.625% 9/1/2042  | 500 | 510 |
| Lewisville Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2023, 5.00% 8/15/2030  | 1580 | 1772 |
| Little Elm Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 8/15/2027  | 3000 | 3143 |
| Little Elm Independent School Dist., Unlimited Tax School Building Bonds, Series 2024, 5.00% 8/15/2041  | 1725 | 1852 |
| Love Field Airport Modernization Corp., Special Facs. Rev. Bonds, Series 2012, AMT, 5.00% 11/1/2028  | 1110 | 1111 |

---

Capital Group Municipal Income ETF — Page 40 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Texas (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2022, AGI, 5.00% 5/15/2026  | USD585 | $594 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2036  | 2035 | 2171 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2037  | 2000 | 2119 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2020, 5.00% 5/15/2038  | 1005 | 1058 |
| Lower Colorado River Auth., Rev. Ref. Bonds, Series 2023-B, 5.00% 5/15/2039 (put 5/15/2028)  | 1340 | 1396 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), <br> Series 2020-A, 5.00% 5/15/2040  | 2000 | 2077 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), <br> Series 2025, 5.00% 5/15/2041  | 2500 | 2660 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lower Colorado River Auth., Transmission Contract Rev. Ref. Bonds (LCRA Transmission Services Corp. Project), <br> Series 2025, 5.00% 5/15/2042  | 1275 | 1344 |
| City of Lubbock, Electric Light and Power System Rev. Ref. Bonds, Series 2023, AGI, 5.00% 4/15/2034  | 1000 | 1128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mabank Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024, 5.00% 8/15/<br> 2030  | 400 | 447 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mabank Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2024, 5.00% 8/15/<br> 2031  | 755 | 856 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Matagorda, Navigation Dist. No. 1, Pollution Control Rev. Ref. Bonds (Central Power and Light Co. <br> Project), Series 1996, AMT, 4.25% 5/1/2030  | 825 | 862 |
| Medina Valley Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/15/2043  | 1605 | 1691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mesquite Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.00% 8/15/<br> 2042  | 4340 | 4699 |
| Miralomas Municipal Utility Dist., Unlimited Tax Bonds, Series 2024, 4.375% 9/1/2042  | 1145 | 1053 |
| Mission Econ. Dev. Corp., Rev. Bonds (Natgasoline Project), Series 2018, AMT, 4.625% 10/1/2031 <sup>(a)</sup>  | 5800 | 5807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Bonds (Republic Services, Inc. Project), Series 2024, AMT, <br> 4.00% 6/1/2054 (put 6/1/2034)  | 850 | 855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mission Econ. Dev. Corp., Solid Waste Disposal Rev. Ref. Bonds (Graphic Packaging International, LLC Project), <br> Series 2025, AMT, 5.00% 12/1/2064 (put 6/1/2030)  | 2690 | 2788 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Montgomery, Municipal Utility Dist. No. 170, Contract Rev. Bonds (Road Facs.), Series 2024, 4.25% 12/<br> 1/2036  | 1055 | 1056 |
| County of Montgomery, Municipal Utility Dist. No. 180, Unlimited Tax Road Bonds, Series 2024, 4.375% 9/1/2041  | 1520 | 1412 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-A, 5.50% 1/1/2054 (put 1/1/<br> 2030)  | 4000 | 4304 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Gas Acquisition and Supply Corp. IV, Gas Supply Rev. Bonds, Series 2023-B, 5.50% 1/1/2054 (put 1/1/<br> 2034)  | 6435 | 7249 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Gas Acquisition and Supply Corp. V., Gas Supply Rev. Bonds, Series 2024, 5.00% 1/1/2055 (put 1/1/<br> 2034)  | 2500 | 2732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children's Health System of Texas Project), <br> Series 2025-A, 5.00% 8/15/2034  | 1250 | 1427 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children's Health System of Texas Project), <br> Series 2025-A, 5.00% 8/15/2035  | 1320 | 1508 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children's Health System of Texas Project), <br> Series 2025-A, 5.00% 8/15/2036  | 1300 | 1466 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facs. Fin. Corp., Hospital Rev. Bonds (Children's Health System of Texas Project), <br> Series 2025-A, 5.25% 8/15/2042  | 2410 | 2631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facs. Fin. Corp., Retirement Fac. Rev. Bonds (Bella Vida Forefront Living Project), <br> Series 2025-B-3, 4.25% 10/1/2030  | 990 | 995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facs. Fin. Corp., Senior Living. Rev. Bonds (Superior Living Foundation Project), <br> Series 2025-A, 6.25% 7/1/2045 <sup>(a)</sup>  | 2000 | 1878 |
| New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, Series 2025-G-1, 5.00% 8/1/2029  | 3755 | 3919 |
| North East Independent School Dist., Unlimited Tax Rev. Ref. Bonds, Series 2024, 3.75% 8/1/2049 (put 8/1/2027)  | 450 | 457 |
| North Fort Bend Water Auth., Water System Rev. and Rev. Ref. Bonds, Series 2021, BAM, 5.00% 12/15/2027  | 500 | 528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 5.00% 6/1/<br> 2032  | 300 | 320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 5.00% 6/1/<br> 2033  | 145 | 155 |

---

Capital Group Municipal Income ETF — Page 41 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Texas (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2024-1-A, AMT, 4.125% <br>6/1/2045  | USD1,335 | $1311 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Texas Higher Education Auth., Inc., Education Loan Rev. Bonds, Senior Series 2025-A, AMT, 4.50% <br>6/1/2046  | 2415 | 2419 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Texas Municipal Water Dist., Wastewater Interceptor System Contract Rev. Ref. and Improvement Bonds, <br> Series 2024, 5.00% 6/1/2030  | 2935 | 3262 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Texas Municipal Water Dist., Wastewater Interceptor System Contract Rev. Ref. and Improvement Bonds, <br> Series 2024, 5.00% 6/1/2031  | 3085 | 3472 |
| North Texas Municipal Water Dist., Water System Rev. Ref. and Improvement Bonds, Series 2021, 3.00% 9/1/2036  | 420 | 387 |
| North Texas Municipal Water Dist., Water System Rev. Ref. and Improvement Bonds, Series 2025, 5.00% 9/1/2044  | 2500 | 2652 |
| North Texas Tollway Auth., System Rev. and Rev. Ref. Bonds, Series 2021-B, 4.00% 1/1/2036  | 500 | 506 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2033  | 2450 | 2790 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-B, 5.00% 1/1/2034  | 2420 | 2767 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, Series 2024-A, 5.00% 1/1/2035  | 710 | 805 |
| North Texas Tollway Auth., System Rev. Ref. Bonds, CAB, Series 2008-D, AGI, 0% 1/1/2030  | 2555 | 2251 |
| Northside Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2041  | 1450 | 1560 |
| Northside Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 8/15/2042  | 1500 | 1599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Pflugerville, Special Assessment Rev. Bonds (Meadowlark Preserve Public Improvement Dist. Project), <br> Series 2025, 4.25% 9/1/2033 <sup>(a)</sup>  | 450 | 449 |
| Pine Forest Municipal Utility Dist., Unlimited Tax Bonds, Series 2025, 5.00% 9/1/2043  | 1125 | 1132 |
| Plano Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2033  | 1790 | 2053 |
| Plano Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 4.00% 2/15/2043  | 2020 | 1976 |
| Port Arthur Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2036  | 1000 | 1134 |
| Port Arthur Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2040  | 2500 | 2719 |
| Princeton Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2044  | 1100 | 1159 |
| Princeton Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2045  | 1150 | 1210 |
| Rancho Del Cielo Municipal Utility Dist., Unlimited Tax Bonds, Series 2024, 4.375% 8/15/2053  | 350 | 304 |
| Riceland Management Dist., Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2034  | 1000 | 1007 |
| Riceland Municipal Utility Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.375% 9/1/2039  | 1000 | 967 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2017, 5.00% 2/1/2027  | 1215 | 1257 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-D, 5.00% 2/1/2029  | 525 | 567 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2017, 5.00% 2/1/2033  | 1500 | 1541 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-D, 5.00% 2/1/2037  | 2005 | 2221 |
| City of San Antonio, Electric and Gas Systems Rev. Ref. Bonds, Series 2024-B, 5.00% 2/1/2042  | 1500 | 1588 |
| City of San Antonio, General Improvement Bonds, Series 2024, 5.00% 2/1/2035  | 1175 | 1325 |
| City of San Antonio, Water System Rev. and Rev. Ref. Bonds, Series 2023-A, 5.00% 5/15/2040  | 1000 | 1075 |
| Sherman Independent School Dist., Unlimited Tax School Building Bonds, Series 2023-B, 5.00% 2/15/2040  | 500 | 538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greater Texoma Utility Auth., Contract Rev. Bonds (City of Sherman Project), Series 2024-A, BAM, 5.00% 10/1/<br> 2029  | 1000 | 1087 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South San Antonio Independent School Dist., Unlimited Tax School Building Bonds, Series 2005, 5.50% 8/15/<br> 2030  | 3500 | 3852 |
| Southwest Independent School Dist., Unlimited Tax School Building Bonds, Series 2023, 5.00% 2/1/2041  | 1500 | 1593 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spring Branch Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.00% <br> 2/1/2041  | 2000 | 2180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spring Branch Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.00% <br> 2/1/2042  | 1725 | 1864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Spring Independent School Dist., Unlimited Tax School Building and Rev. Ref. Bonds, Series 2025, 5.25% <br>8/15/2046  | 6590 | 7151 |
| Stanton Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2036  | 1025 | 1157 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Surface Transportation Corp., Private Activity Rev. Ref. Bonds (NTE Mobility Partners Segments 3 LLC), Series <br> 2023, AMT, 5.50% 6/30/2040  | 1500 | 1574 |
| County of Tarrant, Karis Municipal Management Dist., Unlimited Tax Utility Bonds, Series 2025, 4.50% 12/1/2041  | 1030 | 1020 |
| Tarrant County Cultural Education Facs. Fin. Corp., Rev. Bonds (Christus Health), Series 2018-B, 5.00% 7/1/2036  | 1270 | 1327 |
| Tarrant Regional Water Dist., Water Transmission Facs. Contract Rev. Bonds, Series 2025, 5.00% 9/1/2034  | 2015 | 2314 |
| Tarrant Regional Water Dist., Water Transmission Facs. Contract Rev. Bonds, Series 2025, 5.00% 9/1/2037  | 7680 | 8566 |

---

Capital Group Municipal Income ETF — Page 42 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Texas (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Board of Regents of Texas A&M University System, Rev. Fncg. System Bonds, Series 2024-A, 5.00% 5/15/2041  | USD3,000 | $3239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the Texas A&M University System, Permanent University Fund Bonds, Series 2023, 5.00% <br>7/1/2026  | 4000 | 4072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the Texas A&M University System, Permanent University Fund Bonds, Series 2023, 5.00% 7/<br> 1/2042  | 2005 | 2119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the Texas State University System, Rev. Fncg. System Rev. and Rev. Ref. Bonds, Series 2019-A, <br> 5.00% 3/15/2033  | 500 | 531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the Texas State University System, Rev. Fncg. System Rev. and Rev. Ref. Bonds, Series 2024, <br> 5.00% 3/15/2041  | 950 | 1018 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2038  | 1230 | 1189 |
| Tomball Business Improvement Dist. No. 1, Unlimited Tax Bonds, Series 2024, 4.00% 11/15/2041  | 1425 | 1300 |
| Transportation Commission, Central Texas Turnpike System Rev. Ref. Bonds, Series 2024-C, 5.00% 8/15/2039  | 3135 | 3391 |
| Transportation Commission, GO Highway Improvement Rev. Ref. Bonds, Series 2024, 5.00% 4/1/2032  | 1625 | 1849 |
| Transportation Commission, GO Mobility Fund Bonds, Series 2015-B, 5.00% 10/1/2036  | 5485 | 5482 |
| Turnpike Auth., Central Texas Turnpike System, Rev. Bonds, CAB, Series 2002-A, AMBAC, 0% 8/15/2027  | 4945 | 4694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the University of Houston System, Consolidated Rev. and Rev. Ref. Bonds, Series 2017-C, <br> 5.00% 2/15/2026  | 1590 | 1605 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the University of Houston System, Consolidated Rev. and Rev. Ref. Bonds, Series 2020-A, <br> 3.00% 2/15/2036  | 4030 | 3790 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the University of Houston System, Consolidated Rev. and Rev. Ref. Bonds, Series 2022-A, <br> 5.00% 2/15/2037  | 1000 | 1091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the University of North Texas System, Rev. Fncg. System Rev. Ref. and Improvement Bonds, <br> Series 2025-A, 5.00% 4/15/2032  | 1875 | 2131 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the University of Texas System, Permanent University Fund Bonds, Series 2024-A, 5.00% 7/1/<br> 2036  | 2185 | 2491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Regents of the University of Texas System, Permanent University Fund Bonds, Series 2024-A, 4.00% 7/1/<br> 2049  | 1500 | 1389 |
| Board of Regents of the University of Texas System, Rev. Fncg. System Bonds, Series 2025-B, 5.00% 8/15/2033  | 1415 | 1636 |
| Board of Regents of the University of Texas System, Rev. Fncg. System Bonds, Series 2025-B, 5.00% 8/15/2036  | 20000 | 23080 |
| Waco Education Fin. Corp., Rev. Bonds (Baylor University Issue), Series 2021, 4.00% 3/1/2040  | 500 | 495 |
| Waller Independent School Dist., Unlimited Tax School Building Bonds, Series 2025, 5.00% 2/15/2045  | 3000 | 3167 |
| Water Dev. Board, State Revolving Fund Rev. Bonds, Series 2021, 5.00% 8/1/2032  | 1270 | 1424 |
| Water Dev. Board, State Revolving Fund Rev. Bonds, Series 2025, 5.00% 8/1/2039  | 2270 | 2532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2020, 5.00% 10/15/<br> 2025  | 1045 | 1046 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2023-A, 5.00% 10/15/<br> 2035  | 1000 | 1128 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Water Dev. Board, State Water Implementation Rev. Fund, Rev. Bonds (Master Trust), Series 2024-A, 5.00% 10/15/<br> 2038  | 5020 | 5557 |
| County of Williamson, Municipal Utility Dist. No. 51, Unlimited Tax Road Bonds, Series 2024, 4.25% 9/1/2038  | 1380 | 1334 |
| Williamson County, Limited Tax Rev. Ref. and Park Bonds, Series 2025, 5.00% 2/15/2030  | 1035 | 1141 |
| Williamson County, Limited Tax Rev. Ref. and Park Bonds, Series 2025, 5.00% 2/15/2036  | 1400 | 1598 |
|  |  | 515868 |
| **United States 0.38%** |  |  |
| Freddie Mac, Multi Family Certs., Series 2023, 4.143% 1/25/2040 <sup>(b)</sup>  | 538 | 528 |
| Freddie Mac, Multi Family Certs. Green Bonds, Series 2025, 4.534% 11/25/2042 <sup>(b)</sup>  | 3761 | 3696 |
| Freddie Mac, Multi Family Mortgage Certs. Green Bonds, Series 2024, 3.158% 12/25/2038 <sup>(b)</sup>  | 4960 | 4382 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2023, Class ACA, 2.25% 9/25/2037  | 1217 | 1029 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2024, 3.541% 11/25/2038 <sup>(b)</sup>  | 1978 | 1866 |
| Freddie Mac, Multi Family Mortgage Green Bonds, Series 2023, Class A, 3.084% 4/25/2043 <sup>(b)</sup>  | 4767 | 4163 |
|  |  | 15664 |

---

Capital Group Municipal Income ETF — Page 43 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Utah 1.19%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-C, <br> 5.00% 7/15/2035 <sup>(a)</sup>  | USD335 | $337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-A, <br> 5.00% 6/1/2038  | 1000 | 1054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure Dist., Sales Tax Rev. Bonds (SEG Redev. Project), Series 2025-A, <br> 5.25% 6/1/2041  | 950 | 1048 |
| Housing Corp., Single Family Mortgage Bonds, Series 2023-A, 6.00% 7/1/2053  | 950 | 1025 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-A, 6.50% 1/1/2054  | 255 | 279 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-C, 6.00% 7/1/2054  | 1220 | 1349 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-G, 6.25% 7/1/2055  | 3320 | 3732 |
| Housing Corp., Single Family Mortgage Bonds, Series 2024-I, 6.25% 7/1/2055  | 4450 | 5023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment <br> Area #2), Series 2021, 4.00% 8/1/2027 <sup>(a)</sup>  | 450 | 453 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment <br> Area #2), Series 2021, 4.00% 8/1/2029 <sup>(a)</sup>  | 950 | 959 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment <br> Area #2), Series 2021, 4.00% 8/1/2030 <sup>(a)</sup>  | 445 | 449 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment <br> Area #2), Series 2021, 4.00% 8/1/2031 <sup>(a)</sup>  | 770 | 774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MIDA Mountain Village Public Infrastructure Dist., Special Assessment Rev. Bonds (Mountain Village Assessment <br> Area), Series 2020-A, 4.25% 8/1/2035 <sup>(a)</sup>  | 455 | 454 |
| MIDA Mountain Village Public Infrastructure Dist., Tax Allocation Rev. Bonds, Series 2024-2, 5.50% 6/15/2039 <sup>(a)</sup>  | 1920 | 1942 |
| Military Installation Dev. Auth., Tax Allocation Rev. Bonds, Series 2021-A-2, 4.00% 6/1/2036  | 1000 | 944 |
| Nebo School Dist., Local Building Auth., Lease Rev. Bonds, Series 2020, 2.125% 7/1/2033  | 2910 | 2653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; NS Public Infrastructure Dist. No. 1, Special Assessment bonds (NS Assessment Area No. 1), Series 2024, 6.00% <br> 12/1/2044 <sup>(a)</sup>  | 1000 | 925 |
| Salt Lake City, Airport Rev. Bonds (Salt Lake City International Airport), Series 2018-A, AMT, 5.00% 7/1/2028  | 1500 | 1588 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Three Bridges Public Infrastructure Dist. No. 1, Special Assessment Bonds (Three Bridges Assessment Area No. <br> 1), Series 2024-1, 5.00% 12/1/2036 <sup>(a)</sup>  | 2875 | 2853 |
| Transit Auth., Sales Tax Rev. Ref. Bonds, Series 2024, 5.00% 6/15/2030  | 870 | 973 |
| Transit Auth., Sales Tax Rev. Ref. Bonds, Series 2025, 5.00% 12/15/2044  | 17710 | 18967 |
| County of Utah, Hospital Rev. Bonds (IHC Health Services, Inc.), Series 2018-A, 5.00% 5/15/2037  | 1400 | 1455 |
|  |  | 49236 |
| **Vermont 0.37%** |  |  |
| Econ. Dev. Auth., Mortgage Rev. Bonds (Wake Robin Corp. Project), Series 2021-A, 4.00% 5/1/2037  | 500 | 468 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2013, AMT, <br> 4.625% 4/1/2036 (put 4/3/2028) <sup>(a)</sup>  | 500 | 505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Casella Waste Systems, Inc. Project), Series 2022-A-2, AMT, <br> 4.375% 6/1/2052 (put 6/1/2032) <sup>(a)</sup>  | 1505 | 1500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), <br> Series 2016-A, 5.00% 12/1/2033  | 2500 | 2521 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), <br> Series 2016-A, 5.00% 12/1/2035  | 4500 | 4527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Educational and Health Buildings Fncg. Agcy., Rev. Bonds (The University of Vermont Medical Center Project), <br> Series 2016-A, 5.00% 12/1/2036  | 5000 | 5024 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2021-A, AMT, 2.375% 6/15/2039  | 460 | 425 |
| Student Assistance Corp., Education Loan Rev. Bonds, Series 2023-A, AMT, 4.00% 6/15/2041  | 395 | 376 |
|  |  | 15346 |

---

Capital Group Municipal Income ETF — Page 44 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Virgin Islands 0.06%**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2026  | USD500 | $504 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2030  | 500 | 518 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Matching Fund Special Purpose Securitization Corp., Matching Fund Securitization Bonds, Series 2022-A, 5.00% <br> 10/1/2032  | 1340 | 1392 |
|  |  | 2414 |
| **Virginia 0.87%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Albemarle, Econ. Dev. Auth., Residential Care Fac. Rev. Ref. Bonds (Westminster-Canterbury of the <br> Blue Ridge), Series 2022-A, 4.00% 6/1/2042  | 1330 | 1246 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Arlington, Industrial Dev. Auth., Multifamily Housing Rev. Bonds (Park Shirlington Apartments), Series <br> 2023-A, 5.00% 1/1/2026  | 1355 | 1363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Charles City, Econ. Dev. Auth., Solid Waste Disposal Rev. Bonds (Waste Management, Inc. Project), <br> Series 2004-A, 2.88% 2/1/2029  | 500 | 491 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chesapeake Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Hunters Point Apartments), Series <br> 2023, 5.00% 5/1/2043 (put 5/1/2026)  | 1310 | 1325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; College Building Auth., Educational Facs. Rev. Bonds (21st Century College and Equipment Programs), Series <br> 2019-A, 4.00% 2/1/2034  | 1040 | 1066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; College Building Auth., Educational Facs. Rev. Ref. Bonds (21st Century College and Equipment Programs), <br> Series 2017-E, 5.00% 2/1/2031  | 6025 | 6370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Fairfax, Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Dominion Square North Project), <br> Series 2023, 5.00% 1/1/2045 (put 1/1/2028)  | 250 | 258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. and Rev. Ref. Bonds (Longwood University Student <br> Housing Project), Series 2018-A, 5.00% 1/1/2032  | 500 | 515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2033  | 270 | 277 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Town of Farmville, Industrial Dev. Auth., Educational Facs. Rev. Ref. Bonds (Longwood University Student Housing <br> Project), Series 2018-A, 5.00% 1/1/2043  | 3000 | 2808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Isle of Wight, Econ. Dev. Auth., Health System Rev. Bonds (Riverside Health System), Series 2023, AGI, <br> 5.25% 7/1/2043  | 1335 | 1407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of James City, Econ. Dev. Auth., Residential Care Fac. Rev. Bonds (Williamsburg Landing), Series <br> 2024-C-3, 5.25% 12/1/2027  | 60 | 60 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Town of Louisa, Industrial Dev. Auth., Pollution Control Rev. Ref. Bonds (Virginia Electric and Power Co. Project), <br> Series 2008-C, 3.80% 11/1/2035 (put 5/28/2027)  | 600 | 610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Norfolk, Redev. and Housing Auth., Multi Family Housing Rev. Bonds (Braywood Manor Apartments), <br> Series 2023, 5.00% 5/1/2043 (put 5/1/2026)  | 100 | 101 |
| Public Building Auth., Public Facs. Rev. Bonds, Series 2021-A, 5.00% 8/1/2032  | 3450 | 3893 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Small Business Fncg. Auth., Residential Care Facs. Rev. and Rev. Ref. Bonds (LifeSpire of Virginia), Series 2021, <br> 4.00% 12/1/2036  | 575 | 571 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Small Business Fncg. Auth., Residential Care Facs. Rev. and Rev. Ref. Bonds (LifeSpire of Virginia), Series 2021, <br> 4.00% 12/1/2041  | 1000 | 925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Small Business Fncg. Auth., Residential Care Facs. Rev. Ref. Bonds (LifeSpire of Virginia), Series 2024-A, 5.00% 12/<br> 1/2039  | 435 | 455 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2026  | 975 | 979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 5.00% <br> 1/1/2034  | 550 | 578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Small Business Fncg. Auth., Rev. Bonds (National Senior Campuses, Inc. Obligated Group), Series 2020-A, 4.00% <br> 1/1/2037  | 1385 | 1377 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, <br> 4.00% 7/1/2029  | 500 | 512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Small Business Fncg. Auth., Rev. Ref. Bonds (Elizabeth River Crossings Opco, LLC Project), Series 2022, AMT, <br> 4.00% 7/1/2031  | 2925 | 3009 |

---

Capital Group Municipal Income ETF — Page 45 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Virginia (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Beach Dev. Auth., Residential Care Fac. Rev. Bonds (Westminster-Canterbury on Chesapeake Bay), Series <br> 2023-B-3, 5.375% 9/1/2029  | USD1,075 | $1086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Wise, Industrial Dev. Auth., Solid Waste and Sewage Disposal Rev. Bonds (Virginia Electric and Power <br> Co. Project), Series 2009-A, 3.125% 10/1/2040 (put 10/1/2030)  | 4375 | 4407 |
|  |  | 35689 |
| **Washington 3.70%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Central Puget Sound Regional Transit Auth., Sales Tax and Motor Vehicle Excise Tax Improvement and Rev. Ref. <br> Green Bonds, Series 2021-S-1, 5.00% 11/1/2031  | 2620 | 2997 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Central Puget Sound Regional Transit Auth., Sales Tax Improvement and Rev. Ref. Green Bonds, Series 2015-S-1, <br> 5.00% 11/1/2036 (preref. 11/1/2025)  | 1005 | 1007 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Central Puget Sound Regional Transit Auth., Sales Tax Improvement and Rev. Ref. Green Bonds, Series 2015-S-1, <br> 4.00% 11/1/2050 (preref. 11/1/2025)  | 3000 | 3004 |
| Certs. of Part. (State and Local Agcy. Real and Personal Property), Series 2025-A, 5.00% 1/1/2031  | 4110 | 4618 |
| Certs. of Part. (State and Local Agcy. Real and Personal Property), Series 2025-A, 5.00% 1/1/2032  | 3905 | 4439 |
| Convention Center Public Facs. Dist., Lodging Tax Rev. Ref. Bonds, Series 2021-B, 4.00% 7/1/2043  | 500 | 448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy Northwest, Electric Rev. and Rev. Ref. Bonds (Columbia Generating Station), Series 2022-A, 5.00% 7/1/<br> 2032  | 1850 | 2119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy Northwest, Electric Rev. and Rev. Ref. Bonds (Columbia Generating Station), Series 2023-A, 5.00% 7/1/<br> 2038  | 4400 | 4868 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2031  | 750 | 850 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2032  | 2750 | 3150 |
| Energy Northwest, Electric Rev. Ref. Bonds (Columbia Generating Station), Series 2025-A, 5.00% 7/1/2042  | 1000 | 1080 |
| Energy Northwest, Electric Rev. Ref. Bonds (Project No. 1), Series 2025-A, 5.00% 7/1/2033  | 2000 | 2310 |
| GO Bonds, Series 2020-A, 5.00% 8/1/2039  | 680 | 715 |
| GO Bonds, Series 2021-A-2, 5.00% 8/1/2039  | 1360 | 1447 |
| GO Bonds, Series 2024-C, 5.00% 2/1/2041  | 1645 | 1783 |
| GO Bonds, Series 2023-A, 5.00% 8/1/2044  | 1240 | 1305 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-D, 5.00% 10/1/2041  | 1500 | 1501 |
| Health Care Facs. Auth., Rev. Bonds (Providence St. Joseph Health), Series 2014-C, 5.00% 10/1/2044  | 500 | 500 |
| Health Care Facs. Auth., Rev. Bonds (Seattle Cancer Care Alliance), Series 2021, 4.00% 12/1/2040 <sup>(a)</sup>  | 1790 | 1698 |
| Health Care Facs. Auth., Rev. Bonds (Seattle Children's Hospital), Series 2017-A, 5.00% 10/1/2047  | 2675 | 2687 |
| Health Care Facs. Auth., Rev. Bonds (Virginia Mason Medical Center), Series 2017, 5.00% 8/15/2037  | 355 | 357 |
| Health Facs. Auth., Rev. Bonds (CommonSpirit Health), Series 2019-A-1, 5.00% 8/1/2039  | 3090 | 3189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Commission, Multi Family Housing Rev. Bonds (Ardea at Totem Lake Apartments Project), Series <br> 2023, 5.00% 12/1/2043 (put 2/1/2027)  | 830 | 840 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Commission, Multi Family Housing Rev. Bonds (Camas Flats Apartments Project), Series 2024-B, <br> 5.00% 2/1/2028 (put 2/1/2027)  | 255 | 262 |
| Housing Fin. Commission, Municipal Certs., Series 2021-1, 3.50% 12/20/2035  | 5609 | 5407 |
| Housing Fin. Commission, Municipal Certs., Series 2023-1, 1.495% 4/20/2037 <sup>(b)</sup>  | 1685 | 165 |
| Housing Fin. Commission, Municipal Certs., Series 2023-1, 3.375% 4/20/2037  | 3363 | 3127 |
| Housing Fin. Commission, Municipal Certs., Series 2025-1, 4.078% 11/20/2041 <sup>(b)</sup>  | 3497 | 3303 |
| Housing Fin. Commission, Municipal Certs., Series 2024-1-A, 4.22% 3/20/2040 <sup>(b)</sup>  | 13757 | 13236 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-B-1, 4.50% <br> 7/1/2030 <sup>(a)</sup>  | 690 | 690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing Fin. Commission, Nonprofit Housing Rev. Bonds (Parkshore Juanita Bay Project), Series 2024-A, 4.75% <br> 1/1/2034 <sup>(a)</sup>  | 940 | 934 |
| Housing Fin. Commission, Single Family Program Bonds, Series 2018-1-N, 4.00% 12/1/2048  | 200 | 201 |
| Housing Fin. Commission, Single Family Program Bonds, Series 2020-2-N, 3.00% 12/1/2050  | 340 | 337 |
| County of King, Convention Center Public Facs. Dist., Lodging Tax Green Notes, Series 2021, 4.00% 7/1/2031  | 750 | 775 |
| County of King, Limited Tax GO Bonds, Series 2019-B, 5.00% 7/1/2026  | 1200 | 1222 |
| County of King, Unlimited Tax GO Bonds, Series 2025-A, 5.00% 12/1/2038  | 6210 | 6992 |
| Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, Series 2021-E, 5.00% 6/1/2029  | 1000 | 1093 |
| Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, Series 2024-R-C, 5.00% 8/1/2031  | 540 | 613 |
| Motor Vehicle Fuel Tax and Vehicle Related Fees GO Bonds, Series 2025-D, 5.00% 6/1/2042  | 1085 | 1176 |

---

Capital Group Municipal Income ETF — Page 46 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Washington (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| Motor Vehicle Fuel Tax GO Bonds, CAB, Series 2005-F, AMBAC, 0% 12/1/2029  | USD1,970 | $1769 |
| Motor Vehicle Fuel Tax GO Rev. Ref. Bonds, Series 2025-R-C, 5.00% 7/1/2028  | 4790 | 5131 |
| Motor Vehicle Fuel Tax GO Rev. Ref. Bonds, Series 2024-R-C, 5.00% 8/1/2030  | 2165 | 2421 |
| North Thurston Public Schools, Unlimited Tax GO Rev. Ref. Bonds, Series 2024, 5.00% 12/1/2032  | 1750 | 2010 |
| City of Seattle, Drainage and Wastewater System Improvement and Rev. Ref. Bonds, Series 2025, 5.00% 5/1/2039  | 1050 | 1168 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port of Seattle, Industrial Dev. Corp., Special Facs. Rev. Ref. Bonds (Delta Air Lines, Inc. Project), Series 2012, AMT, <br> 5.00% 4/1/2030  | 500 | 500 |
| Port of Seattle, Intermediate Lien Rev. and Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2030  | 3840 | 4203 |
| Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2028  | 5150 | 5456 |
| Port of Seattle, Rev. Ref. Bonds, Series 2024-B, AMT, 5.00% 7/1/2029  | 3475 | 3740 |
| Various Purpose GO Bonds, Series 2025-R-A, 5.00% 7/1/2036  | 5320 | 6061 |
| Various Purpose GO Bonds, Series 2023-B, 5.00% 2/1/2037  | 5050 | 5604 |
| Various Purpose GO Bonds, Series 2026-A, 5.00% 8/1/2037  | 11380 | 12985 |
| Various Purpose GO Bonds, Series 2024-C, 5.00% 2/1/2038  | 1095 | 1223 |
| Various Purpose GO Bonds, Series 2026-A, 5.00% 8/1/2043  | 10000 | 10776 |
| Various Purpose GO Bonds, Series 2023-A, 5.00% 8/1/2046  | 1940 | 2024 |
| Various Purpose GO Rev. Ref. Bonds, Series 2025-R-B, 5.00% 7/1/2033  | 1115 | 1289 |
|  |  | 152805 |
| **West Virginia 0.22%** |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Auth., Solid Waste Disposal Facs. Rev. Bonds (Commercial Metals Co. Project), Series 2025, AMT, <br> 4.625% 4/15/2055 (put 5/15/2032)  | 1500 | 1517 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Auth., Solid Waste Disposal Facs. Rev. Bonds (Core Natural Resources, Inc. Project), Series 2025, AMT, <br> 5.45% 1/1/2055 (put 3/27/2035) <sup>(a)</sup>  | 1510 | 1576 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Econ. Dev. Auth., Solid Waste Disposal Facs. Rev. Ref. Bonds (Kentucky Power Co. - Mitchell Project), Series <br> 2014-A, AMT, 4.70% 4/1/2036 (put 6/17/2026)  | 400 | 402 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospital Fin. Auth., Hospital Rev. and Improvement Bonds (West Virginia University Health System Obligated <br> Group), Series 2023-A, 4.125% 6/1/2042  | 2000 | 1887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospital Fin. Auth., Hospital Rev. and Improvement Bonds (West Virginia University Health System Obligated <br> Group), Series 2017-A, 5.00% 6/1/2042  | 2750 | 2770 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospital Fin. Auth., Hospital Rev. Ref. and Improvement Rev. Bonds (Vandalia Health Group), Series 2023-B, <br> 6.00% 9/1/2048  | 900 | 977 |
|  |  | 9129 |
| **Wisconsin 2.70%** |  |  |
| Ascension Health Rev. Bonds (Ascension Senior Credit Group), Series 2016-A, 5.00% 11/15/2026  | 1000 | 1012 |
| General Fund Annual Appropriation Rev. Ref. Bonds, Series 2019-A, 5.00% 5/1/2029 (preref. 5/1/2027)  | 3585 | 3729 |
| GO Bonds, Series 2019-B, 5.00% 5/1/2027  | 1330 | 1384 |
| GO Bonds, Series 2020, 5.00% 5/1/2034  | 1140 | 1225 |
| GO Bonds, Series 2025-B, 5.00% 5/1/2036  | 10000 | 11492 |
| GO Bonds, Series 2024-C, 5.00% 5/1/2038  | 6485 | 7272 |
| GO Rev. Ref. Bonds, Series 2025-3, 5.00% 5/1/2032  | 2400 | 2763 |
| GO Rev. Ref. Bonds, Series 2025-1, 5.00% 5/1/2033  | 2060 | 2395 |
| GO Rev. Ref. Bonds, Series 2023-2, 5.00% 5/1/2036  | 2000 | 2253 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Rev. Bonds (Advocate Aurora Health Care Credit Group), Series 2018-C-3, <br> 5.00% 8/15/2054 (put 6/24/2026)  | 655 | 665 |
| Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance), Series 2013-B-1, 4.00% 11/15/2043  | 670 | 626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Rev. Bonds (Ascension Health Alliance), Series 2013-B-1, 4.00% 11/15/2043 <br> (preref. 5/15/2028)  | 80 | 83 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Rev. Bonds (Chiara Housing and Services, Inc. Project), Series 2024, 5.00% 7/<br> 1/2035  | 3950 | 4004 |
| Health and Educational Facs. Auth., Rev. Bonds (Dickson Hollow Phase II Project), Series 2024, 5.45% 10/1/2039  | 280 | 288 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Rev. Bonds (Hope Christian Schools Obligated Group), Series 2021, 3.00% <br> 12/1/2031  | 400 | 343 |

---

Capital Group Municipal Income ETF — Page 47 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Wisconsin (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Health and Educational Facs. Auth., Rev. Bonds (Three Pillars Senior Living Communities), Series 2024-B-2, 4.20% <br> 8/15/2028  | USD280 | $280 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Housing and Econ Dev. Auth., Multi Family Housing Bonds (100 E. National Project), Series 2024-J, 5.00% <br> 8/1/2058 (put 8/1/2026)  | 245 | 249 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2018-D, 4.00% 3/1/2047  | 1005 | 1013 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2019-A, 4.25% 3/1/2049  | 4975 | 5049 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2019-C, 3.75% 3/1/2050  | 2430 | 2438 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds, Series 2025-A, 6.25% 9/1/2055  | 7665 | 8570 |
| Housing and Econ. Dev. Auth., Home Ownership Rev. Bonds (Social Bonds), Series 2024-C, 6.00% 3/1/2055  | 2295 | 2525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Charter School Rev. Bonds (Foundation Academy Charter School Project), Series 2024, 5.00% <br> 7/1/2035 <sup>(a)</sup>  | 700 | 728 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.00% 6/15/2034 <sup>(a)</sup>  | 2000 | 1945 |
| Public Fin. Auth., Education Rev. Bonds (Bonnie Cone Classical Academy, Inc.), Series 2024, 5.50% 6/15/2049 <sup>(a)</sup>  | 3045 | 2600 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Education Rev. Bonds (Mater Academy of Nevada - East Las Vegas Campus Project), Series <br> 2024-A, 5.00% 12/15/2034 <sup>(a)</sup>  | 1470 | 1513 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Education Rev. Bonds (Mater Academy of Nevada - East Las Vegas Campus Project), Series <br> 2024-A, 5.00% 12/15/2039 <sup>(a)</sup>  | 700 | 694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Education Rev. Ref. Bonds (Pinecrest Academy of Nevada-Sloan Canyon Campus Project), Series <br> 2024-A, 4.00% 7/15/2039 <sup>(a)</sup>  | 750 | 682 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.375% <br>6/15/2039 <sup>(a)</sup>  | 190 | 190 |
| Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.70% 6/15/2044 <sup>(a)</sup>  | 140 | 138 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Educational Facs. Rev. Bonds (Cincinnati Classical Academy), Series 2024-A, 5.875% <br>6/15/2054 <sup>(a)</sup>  | 105 | 103 |
| Public Fin. Auth., Exempt Facs. Rev. Ref. Bonds (Celanese Project), Series 2016-A, AMT, 5.00% 12/1/2025 <sup>(a)</sup>  | 2500 | 2502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Infrastructure Program Anticipation Improvement and Rev. Ref. Bonds (Astro Texas Land <br> Projects), Series 2025, 5.00% 12/15/2036 <sup>(a)</sup>  | 3739 | 3744 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Heritage Bend Project), CAB, Series 2025, 0% <br> 12/15/2042 <sup>(a)</sup>  | 4255 | 1271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Legacy Hills Project), Series 2024-A-1, 6.125% <br> 11/15/2037 <sup>(a)</sup>  | 2120 | 2080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Mayfair Project), Series 2024-A-4, 5.50% <br> 11/15/2032 <sup>(a)</sup>  | 4805 | 4814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Sterling Traditions Project), CAB, Series 2025, <br> 0% 12/15/2041 <sup>(a)</sup>  | 21677 | 7778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Two Step Project), CAB, Series 2024, 0% <br> 12/15/2034 <sup>(a)</sup>  | 1725 | 996 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Infrastructure Program Rev. Anticipation Bonds (Wayside Project), Series 2024-A-2, 5.875% <br> 11/15/2027 <sup>(a)</sup>  | 1320 | 1320 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Limited Obligation Rev. Bonds (Town of Scarborough - The Downs Project), Series 2024, 5.00% <br> 8/1/2039  | 200 | 200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Project Rev. Bonds (CFP3 - Eastern Michigan University Student Housing Project), Series <br> 2022-A-1, BAM, 5.00% 7/1/2030  | 705 | 769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Retirement Community Rev. Bonds (Lifespace Communities, Inc.), Series 2020-A, 4.00% <br>11/15/2037  | 600 | 585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Retirement Community Rev. Bonds (Lifespace Communities, Inc.), Series 2020-A, 5.00% <br>11/15/2041  | 655 | 662 |
| Public Fin. Auth., Retirement Facs. Rev. Bonds (Givens Estates), Series 2021, 4.00% 12/1/2041  | 1000 | 896 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2042  | 750 | 767 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2043  | 1000 | 1014 |
| Public Fin. Auth., Rev. Bonds (Kahala Nui Project), Series 2025, 5.00% 11/15/2044  | 1000 | 1009 |
| Public Fin. Auth., Rev. Bonds (Puerto Rico Toll Roads Monetization Project), Series 2024, AMT, 5.50% 7/1/2044  | 7000 | 7097 |
| Public Fin. Auth., Rev. Bonds (Wilson Preparatory Academy), Series 2019-A, 5.00% 6/15/2039 <sup>(a)</sup>  | 250 | 239 |
| Public Fin. Auth., Rev. Ref. Bonds (Celanese Corp.), Series 2016-C, AMT, 4.30% 11/1/2030  | 1140 | 1142 |
| Public Fin. Auth., Rev. Ref. Bonds (Roseman University of Health Sciences Project), Series 2022, 4.00% 4/1/2032 <sup>(a)</sup>  | 405 | 399 |

---

Capital Group Municipal Income ETF — Page 48 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Bonds, notes & other debt instruments (continued)<br> **Wisconsin (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Special Fac. Rev. Bonds (Million Air Three LLC General Aviation Facs. Project), Series 2024-A, <br> AMT, 5.50% 9/1/2030 <sup>(a)</sup>  | USD480 | $505 |
| Public Fin. Auth., Special Rev. Bonds (Candela Project), Series 2023, 6.125% 12/15/2029 <sup>(a)</sup>  | 358 | 363 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Special Rev. Bonds (Signorelli Projects, Municipal Utility Dists., Montgomery and Waller <br> Counties), Series 2024, 5.375% 12/15/2032 <sup>(a)</sup>  | 919 | 919 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Student Housing Rev. Bonds (Beyond Boone, LLC - Appalachian State University Project), Series <br> 2020-A, AGI, 4.00% 7/1/2045  | 600 | 556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Student Housing Rev. Bonds (Beyond Boone, LLC - Appalachian State University Project), Series <br> 2020-A, AGI, 4.00% 7/1/2050  | 1000 | 894 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Fin. Auth., Student Housing Rev. Bonds (CHF-Manoa, LLC UH Residences for Graduate Students), Series <br> 2023-A, 5.25% 7/1/2038 <sup>(a)</sup>  | 415 | 426 |
|  |  | 111198 |
| **Total bonds, notes & other debt instruments** (cost: $3,739,581,000) |  | 3785171 |
| Short-term securities 7.16%<br> **Municipals 7.16%**<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron <br> USA, Inc. Project), Series 2007-A, 3.50% 12/1/2030 <sup>(b)</sup> <br>| 9200 | 9200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron <br> USA, Inc. Project), Series 2007-C, 3.50% 12/1/2030 <sup>(b)</sup> <br>| 6785 | 6785 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron <br> USA, Inc. Project), Series 2010-J, 3.50% 11/1/2035 <sup>(b)</sup> <br>| 2200 | 2200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Mississippi, Business Fin. Corp., Gulf Opportunity Zone Industrial Dev. Rev. Bonds (Chevron <br> USA, Inc. Project), Series 2011-F, 3.50% 11/1/2035 <sup>(b)</sup> <br>| 2610 | 2610 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Tennessee, City of Clarksville, Public Building Auth., Pooled Fncg. Rev. Bonds, Series 2003, <br> Bank of America LOC, 3.58% 1/1/2033 <sup>(b)</sup> <br>| 1010 | 1010 |
| State of Florida, City of Gainesville, Utilities System Rev. Bonds, Series 2019-C, 3.58% 10/1/2047 <sup>(b)</sup> <br>| 6045 | 6045 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Arizona, City of Phoenix, Industrial Dev. Auth., Solid Waste Disposal Rev. Ref. Bonds <br> (Republic Services, Inc. Project), Series 2013, AMT, 3.70% 12/1/2035 (put 11/3/2025) <sup>(i)</sup> <br>| 10000 | 9998 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Minnesota, City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2011-B, <br> 2.75% 11/15/2038 <sup>(b)</sup> <br>| 12975 | 12975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Minnesota, City of Rochester, Health Care Facs. Rev. Bonds (Mayo Clinic), Series 2025-C, <br> 2.70% 11/15/2064 <sup>(b)</sup> <br>| 17050 | 17050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Alaska, City of Valdez, Marine Terminal Rev. Ref. Bonds (ExxonMobil Project), Series 2001, <br> 3.50% 12/1/2029 <sup>(b)</sup> <br>| 1150 | 1150 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Maryland, County of Montgomery, GO Consolidated Public Improvement Bonds, Series <br> 2017-E, 3.55% 11/1/2037 <sup>(b)</sup> <br>| 20385 | 20385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Tennessee, County of Montgomery, Public Building Auth., Pooled Fncg. Rev. Bonds <br> (Tennessee County Loan Pool), Series 2002, Bank of America LOC, 3.55% 4/1/2032 <sup>(b)</sup> <br>| 1100 | 1100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Wyoming, County of Sublette, Pollution Control Rev. Ref. Bonds (ExxonMobil Project), Series <br> 2014, 3.50% 10/1/2044 <sup>(b)</sup> <br>| 18905 | 18905 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Hawaii, Dept. of Budget and Fin., Special Purpose Rev. Bonds (The Queen's Health Systems), <br> Series 2025-B, 3.45% 7/1/2060 <sup>(b)</sup> <br>| 11800 | 11800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Hawaii, Dept. of Budget and Fin., Special Purpose Rev. Bonds (The Queen's Health Systems), <br> Series 2025-C, 3.55% 7/1/2051 <sup>(b)</sup> <br>| 8500 | 8500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, Dormitory Auth., Rev. Bonds (Fordham University), Series 2008-A-2, 2.89% <br> 7/1/2032 <sup>(b)</sup> <br>| 5405 | 5405 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Pennsylvania, Econ. Dev. Fncg. Auth., Solid Waste Disposal Rev. Bonds (Republic Services, <br> Inc. Project), Series 2019-B-2, AMT, 3.85% 4/1/2049 (put 1/15/2026) <sup>(i)</sup> <br>| 640 | 640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Illinois, Fin. Auth., Demand Rev. Bonds (University of Chicago Medical Center), Series <br> 2010-A, 3.75% 8/1/2044 <sup>(b)</sup> <br>| 3200 | 3200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Florida, Fin. Auth., Econ. Dev. Rev. Ref. Bonds (Republic Services, Inc. Project), Series 2010-A, <br> AMT, 3.8% 5/1/2034 (put 12/1/2025) <sup>(i)</sup> <br>| 11000 | 10995 |

---

Capital Group Municipal Income ETF — Page 49 of 53

------

**unaudited**

---

| | | |
|:---|:---|:---|
| Short-term securities (continued)<br> **Municipals (continued)**<br>| Principal amount<br> (000)<br>| Value<br> (000)<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Missouri, Health and Educational Facs. Auth., Demand Educational Facs. Rev. Bonds <br> (Washington University), Series 2003-B, 3.45% 2/15/2033 <sup>(b)</sup> <br>| USD7,900 | $7900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Ohio, Hospital Rev. Bonds (Cleveland Clinic Health System Obligated Group), Series <br> 2013-B-3, 3.45% 1/1/2039 <sup>(b)</sup> <br>| 595 | 595 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Arizona, Industrial Dev. Auth., Hospital Rev. Ref. Bonds (Phoenix Children's Hospital), Series <br> 2019-A, 3.90% 2/1/2048 <sup>(b)</sup> <br>| 8505 | 8505 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of South Carolina, Jobs-Econ. Dev. Auth., Hospital Rev. Bonds (Prisma Health Obligated <br> Group), Series 2018-B, 3.90% 5/1/2048 <sup>(b)</sup> <br>| 15620 | 15620 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Texas, Lower Neches Valley Auth. Industrial Dev. Corp., Exempt Facs. Rev. Ref. Bonds <br> (ExxonMobil Project), Series 2002-A, 3.55% 11/1/2029 <sup>(b)</sup> <br>| 9205 | 9205 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Texas, Lower Neches Valley Auth. Industrial Dev. Corp., Rev. Bonds (ExxonMobil Project), <br> Series 2010, 3.55% 11/1/2038 <sup>(b)</sup> <br>| 5875 | 5875 |
| State of New York, New York City GO Bonds, Fiscal 2012, Series 2012-G-6, 3.65% 4/1/2042 <sup>(b)</sup> <br>| 3920 | 3920 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second <br> General Resolution Rev. Bonds, Series 2011-FF-1, 3.50% 6/15/2044 <sup>(b)</sup> <br>| 20190 | 20190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, New York City Municipal Water Fin. Auth., Water and Sewer System Second <br> General Resolution Rev. Bonds, Series 2015-BB-4, 3.85% 6/15/2050 <sup>(b)</sup> <br>| 5200 | 5200 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2015, <br> Series 2015-E-4, 3.50% 2/1/2045 <sup>(b)</sup> <br>| 8130 | 8130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2019, <br> Series 2019-B-4, 3.70% 8/1/2042 <sup>(b)</sup> <br>| 6180 | 6180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2025, <br> Series 2025-H-3, 2.90% 11/1/2054 <sup>(b)</sup> <br>| 3700 | 3700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, New York City Transitional Fin. Auth., Future Tax Secured Bonds, Fiscal 2026, <br> Series 2026-A-2, 3.50% 5/1/2055 <sup>(b)</sup> <br>| 1500 | 1500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Michigan, Regents of the University of Michigan, General Rev. Bonds, Series 2012-B, 3.30% <br> 4/1/2042 <sup>(b)</sup> <br>| 9060 | 9060 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Texas, Travis County Strategic Housing Fin. Corp., Multi Family Housing Rev. Bonds (Yager <br> Flats), Series 2021, 3.5% 9/1/2041 (put 2/1/2026) <sup>(i)</sup> <br>| 4000 | 4006 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, Triborough Bridge and Tunnel Auth., General Rev. Bonds, Series 2001-C, 3.85% <br> 1/1/2032 <sup>(b)</sup> <br>| 2120 | 2120 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York, Triborough Bridge and Tunnel Auth., General Rev. Ref. Bonds, Series 2005-B-3, <br> 3.50% 1/1/2035 <sup>(b)</sup> <br>| 33825 | 33825 |
|  |  | 295484 |
| **Total short-term securities** (cost: $295,485,000) |  | 295484 |
| **Total investment securities 98.94%** (cost: $4,035,066,000) |  | 4080655 |
| Other assets less liabilities 1.06% |  | 43615 |
| **Net assets 100.00%** |  | $4124270 |

---

Futures contracts

------

---

| | | | | | |
|:---|:---|:---|:---|:---|:---|
| Contracts | Type | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Number of <br>contracts<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Expiration <br>date<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Notional <br>amount <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Value and <br>unrealized <br>appreciation <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(depreciation) <br>at 9/30/2025 <br>&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(000)<br>|
| 2 Year U.S. Treasury Note Futures | Long | 1547 | 12/31/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; USD322,392 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(46)<br>|
| 10 Year Ultra U.S. Treasury Note Futures | Short | 679 | 12/19/2025 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (78138)<br>| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; (480)<br>|
|  |  |  |  |  | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; $(526)<br>|

---

Capital Group Municipal Income ETF — Page 50 of 53

------

**unaudited**

Restricted security <sup>(d)</sup>

------

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Acquisition <br>date(s)<br>| Cost <br>(000)<br>| Value <br>(000)<br>| Percent <br>of net <br>assets<br>|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Monroe, Lease Rental Rev. Bonds (Centurion Foundation Lehigh <br> Valley), Series 2024-A, 5.10% 6/15/2039 <br>| 6/14/2024 | $4890 | $4793 | 0.13% |

---

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

<sup>(a)</sup> Acquired in a transaction exempt from registration under Rule 144A or, for commercial paper, Section 4(a)(2) of the Securities Act of 1933. May be resold in the U.S. in transactions exempt from registration, normally to qualified institutional buyers. The total value of all such securities was $249,629,000, which represented 6.05% of the net assets of the fund. 

<sup>(b)</sup> Coupon rate may change periodically. Reference rate and spread are as of the most recent information available. Some coupon rates are determined by the issuer or agent based on current market conditions; therefore, the reference rate and spread are not available. 

<sup>(c)</sup> Step bond; coupon rate may change at a later date.

<sup>(d)</sup> Restricted security, other than Rule 144A securities or commercial paper issued pursuant to Section 4(a)(2) of the Securities Act of 1933.

<sup>(e)</sup> Scheduled interest and/or principal payment was not received.

<sup>(f)</sup> Value determined using significant unobservable inputs.

<sup>(g)</sup> Loan participations and assignments; may be subject to legal or contractual restrictions on resale. The total value of all such loans was $645,000, which represented 0.02% of the net assets of the fund. 

<sup>(h)</sup> Payment in kind; the issuer has the option of paying additional securities in lieu of cash. Payment methods and rates are as of the most recent payment when available. 

<sup>(i)</sup> For short-term securities, the mandatory put date is considered to be the maturity date.

Valuation disclosures

------

Capital Research and Management Company ("CRMC"), the fund's investment adviser, values the fund's investments at fair value as defined by accounting principles generally accepted in the United States of America. The net asset value per share is calculated once daily as of the close of regular trading on the New York Stock Exchange, normally 4 p.m. New York time, each day the New York Stock Exchange is open. Security transactions are recorded by the fund as of the date the trades are executed with brokers. Assets and liabilities, including investment securities, denominated in currencies other than U.S. dollars are translated into U.S. dollars at the exchange rates supplied by one or more pricing vendors on the valuation date.

**Methods and inputs** — The fund's investment adviser uses the following methods and inputs to establish the fair value of the fund's assets and liabilities. Use of particular methods and inputs may vary over time based on availability and relevance as market and economic conditions evolve.

Fixed-income securities, including short-term securities, are generally valued at evaluated prices obtained from third-party pricing vendors. Vendors value such securities based on one or more of the inputs described in the following table. The table provides examples of inputs that are commonly relevant for valuing particular classes of fixed-income securities in which the fund is authorized to invest. However, these classifications are not exclusive, and any of the inputs may be used to value any other class of fixed-income security.

---

| | |
|:---|:---|
| **Fixed-income class** | **Examples of standard inputs** |
| &nbsp;&nbsp;&nbsp;&nbsp; All | &nbsp;&nbsp;&nbsp; Benchmark yields, transactions, bids, offers, quotations from dealers and <br> trading systems, new issues, spreads and other relationships observed in <br> the markets among comparable securities; and proprietary pricing <br> models such as yield measures calculated using factors such as cash flows, <br> financial or collateral performance and other reference data (collectively <br> referred to as "standard inputs")<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Corporate bonds, notes & loans; convertible securities | Standard inputs and underlying equity of the issuer |
| &nbsp;&nbsp;&nbsp;&nbsp; Bonds & notes of governments & government agencies | Standard inputs and interest rate volatilities |
| &nbsp;&nbsp;&nbsp;&nbsp; Mortgage-backed; asset-backed obligations | &nbsp;&nbsp;&nbsp; Standard inputs and cash flows, prepayment information, default rates, <br> delinquency and loss assumptions, collateral characteristics, credit <br> enhancements and specific deal information<br>|
| &nbsp;&nbsp;&nbsp;&nbsp; Municipal securities | &nbsp;&nbsp;&nbsp; Standard inputs and, for certain distressed securities, cash flows or <br> liquidation values using a net present value calculation based on <br> inputs that include, but are not limited to, financial statements and debt <br> contracts<br>|

---

Capital Group Municipal Income ETF — Page 51 of 53

------

**unaudited**

Securities with both fixed-income and equity characteristics, or equity securities traded principally among fixed-income dealers, are generally valued in the manner described for either equity or fixed-income securities, depending on which method is deemed most appropriate by the fund's investment adviser. Exchange-traded futures are generally valued at the official settlement price for futures on the exchange or market on which such instruments are traded, as of the close of business on the day such instruments are being valued. The average month-end notional amount of futures contracts while held was $171,399,000.

Securities and other assets for which representative market quotations are not readily available or are considered unreliable by the fund's investment adviser are fair valued as determined in good faith under fair valuation guidelines adopted by the fund's investment adviser and approved by the board of trustees as further described. The investment adviser follows fair valuation guidelines, consistent with U.S. Securities and Exchange Commission rules and guidance, to consider relevant principles and factors when making fair value determinations. The investment adviser considers relevant indications of value that are reasonably and timely available to it in determining the fair value to be assigned to a particular security, such as the type and cost of the security, restrictions on resale of the security, relevant financial or business developments of the issuer, actively traded similar or related securities, dealer or broker quotes, conversion or exchange rights on the security, related corporate actions, significant events occurring after the close of trading in the security, and changes in overall market conditions. In addition, the closing prices of equity securities that trade in markets outside U.S. time zones may be adjusted to reflect significant events that occur after the close of local trading but before the net asset value of the fund is determined. Fair valuations of investments that are not actively trading involve judgment and may differ materially from valuations that would have been used had greater market activity occurred.

**Processes and structure** — The fund's board of trustees has designated the fund's investment adviser to make fair value determinations, subject to board oversight. The investment adviser has established a Joint Fair Valuation Committee (the "Committee") to administer, implement and oversee the fair valuation process and to make fair value decisions. The Committee regularly reviews its own fair value decisions, as well as decisions made under its standing instructions to the investment adviser's valuation team. The Committee reviews changes in fair value measurements from period to period, pricing vendor information and market data, and may, as deemed appropriate, update the fair valuation guidelines to better reflect the results of back testing and address new or evolving issues. Pricing decisions, processes and controls over security valuation are also subject to additional internal reviews facilitated by the investment adviser's global risk management group. The Committee reports changes to the fair valuation guidelines to the board of trustees. The fund's board and audit committee also regularly review reports that describe fair value determinations and methods.

**Classifications** — The fund's investment adviser classifies the fund's assets and liabilities into three levels based on the inputs used to value the assets or liabilities. Level 1 values are based on quoted prices in active markets for identical securities. Level 2 values are based on significant observable market inputs, such as quoted prices for similar securities and quoted prices in inactive markets. Certain securities trading outside the U.S. may transfer between Level 1 and Level 2 due to valuation adjustments resulting from significant market movements following the close of local trading. Level 3 values are based on significant unobservable inputs that reflect the investment adviser's determination of assumptions that market participants might reasonably use in valuing the securities. The valuation levels are not necessarily an indication of the risk or liquidity associated with the underlying investment. For example, U.S. government securities are reflected as Level 2 because the inputs used to determine fair value may not always be quoted prices in an active market. The fund's valuation levels as of September 30, 2025, were as follows (dollars in thousands):

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Investment securities | Investment securities | Investment securities | Investment securities |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Assets:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Bonds, notes & other debt instruments: |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas  | $— | $515653 | $215 | $515868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California  |  | 315375 |  | 315375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York  |  | 313190 |  | 313190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois  |  | 275819 |  | 275819 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alabama  |  | 214142 |  | 214142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida  |  | 187939 |  | 187939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington  |  | 152805 |  | 152805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado  |  | 132271 |  | 132271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania  |  | 113194 |  | 113194 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin  |  | 111198 |  | 111198 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Other  |  | 1453370 |  | 1453370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Short-term securities  |  | 295484 |  | 295484 |
| Total | $— | $4080440 | $215 | $4080655 |

---

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

Capital Group Municipal Income ETF — Page 52 of 53

------

**unaudited**

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Other investments\* | Other investments\* | Other investments\* | Other investments\* |
|  | Level 1 | Level 2 | Level 3 | Total |
| **Liabilities:** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Unrealized depreciation on futures contracts  | $(526)<br>| $— | $— | $(526)<br>|
| Total | $(526)<br>| $— | $— | $(526)<br>|

---

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

\* Futures contracts are not included in the investment portfolio.

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

---

| |
|:---|
| **Key to abbreviation(s)** |
| Agcy. = Agency |
| AGI = Assured Guaranty insured |
| AMBAC = American Municipal Bond Assurance <br> Company insured<br>|
| AMT = Alternative Minimum Tax |
| Assn. = Association |
| Auth. = Authority |
| BAM = Build America Mutual insured |
| CAB = Capital Appreciation Bonds |
| Certs. = Certificates |
| CME = CME Group |

---

---

| |
|:---|
| Dept. = Department |
| Dev. = Development |
| Dist. = District |
| Dists. = Districts |
| Econ. = Economic |
| Fac. = Facility |
| Facs. = Facilities |
| Fin. = Finance |
| Fncg. = Financing |
| GO = General Obligation |
| LOC = Letter of Credit |

---

---

| |
|:---|
| NATL = National Public Finance Guarantee Corp. <br> insured<br>|
| Part. = Participation |
| preref. = Prerefunded |
| Redev. = Redevelopment |
| Ref. = Refunding |
| Rev. = Revenue |
| SOFR = Secured Overnight Financing Rate |
| USD = U.S. dollars |

---

**Investments are not FDIC-insured, nor are they deposits of or guaranteed by a bank or any other entity, so they may lose value.**

**Investors should carefully consider investment objectives, risks, charges and expenses. This and other important information is contained in the fund prospectus and summary prospectus, which can be obtained from your financial professional and should be read carefully before investing.** 

**You may also call American Funds Service Company (AFS) at (800) 421-4225 or visit the Capital Group website at capitalgroup.com.**

All Capital Group trademarks mentioned are owned by The Capital Group Companies, Inc., an affiliated company or fund. All other company and product names mentioned are the property of their respective companies.

Capital Client Group, Inc., member FINRA.© 2025 Capital Group. All rights reserved.

ETGEFP3-309-1125

Capital Group Municipal Income ETF — Page 53 of 53

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Capital Group Fixed Income ETF Trust

- **b. Investment Company Act file number:** 811-23738

- **c. CIK number of Registrant:** 0001870117

- **d. LEI of Registrant:** 549300E5VFNPOBZRHM30

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

  - **Street Address 1:** 6455 Irvine Center Drive

  - **City:** Irvine

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 92618

  - **Telephone number:** 949-975-5000

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

- **a. Name of Series:** Capital Group Municipal Income ETF

- **b. EDGAR series identifier (if any):** S000077686

- **c. LEI of Series:** 549300M8UXB0BFPGV126

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

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

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4190559756.05

**Total Liabilities:** $76034787.81

**Net Assets:** $4114524968.24

**Delayed Delivery Securities:** $53070348.20

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -8272.22000000 | **1-Year:** -125151.53000000 | **5-Year:** -605665.04000000 | **10-Year:** -1082327.94000000 | **30-Year:** -165689.79000000

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

- **3-Month:** -1131.24000000 | **1-Year:** -24325.95000000 | **5-Year:** -99376.05000000 | **10-Year:** -211803.69000000 | **30-Year:** -56187.69000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000238174 | 0.06%                | 0.85%                | 1.84%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-533000.31              | $-7559266.40                               |
| Month 2  | $116995.47               | $19490541.06                               |
| Month 3  | $327871.14               | $60896933.23                               |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond Index

- **Index Identifier:** LMBITR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL HLTH CARE FACS REVENUE                 | CUSIP: 14055GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1565831.65   | 0.04%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST                                                 | CUSIP: 97705MK53<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2395164.27   | 0.06%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Department of Budget & Finance                                   | HAWAII ST DEPT OF BUDGET & FIN SPL PURPOSE REVENUE           | CUSIP: 419800PW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8500000.00   | 0.21%             | 2051-07-01      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                              | PROSPER TX INDEP SCH DIST                                    | CUSIP: 7436004S4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2737240.08   | 0.07%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp                                           | MARICOPA CNTY AZ POLL CONTROLCORP POLL CONTROL REVENUE       | CUSIP: 566854EM3<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2094325.75   | 0.05%             | 2035-06-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514ANE1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1635966.68   | 0.04%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | DALLAS TX AREA RAPID TRANSIT SALES TAX REVENUE               | CUSIP: 235241TH9<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2690479.75   | 0.07%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036FG6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1843070.29   | 0.04%             | 2031-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | MINNESOTA ST                                                 | CUSIP: 60412AC43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1840000 | PA      | $2135211.26   | 0.05%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Airport Passenger Facility Charge                             | ATLANTA GA ARPT PASSENGER FAC CHARGE REVENUE                 | CUSIP: 04780TDP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $478504.60    | 0.01%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 19648GK27<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   5040000 | PA      | $5683507.70   | 0.14%             | 2055-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST                                                      | CUSIP: 677523JR4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2705415.50   | 0.07%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greenwood Independent School District                                            | GREENWOOD TX INDEP SCH DIST                                  | CUSIP: 397370KB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2726404.63   | 0.07%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3066757 | PA      | $2956784.65   | 0.07%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CDJ4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    700000 | PA      | $782589.50    | 0.02%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DHK1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   7840000 | PA      | $8541341.31   | 0.21%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353892B3<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3840000 | PA      | $4202532.86   | 0.10%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JWP9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.04%             | 2055-05-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JSG4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3700000.00   | 0.09%             | 2054-11-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593WC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502729.65    | 0.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RNC5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1350156.13   | 0.03%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151PP8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505922.35    | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                               | FONTANA CA SPL TAX                                           | CUSIP: 344630M39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $537348.14    | 0.01%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwest Independent School District                                            | S W TX INDEP SCH DIST                                        | CUSIP: 845267D59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1593161.25   | 0.04%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA ST LOCAL GOVT FIN COMMISSION EDUCTNL FACS REVENUE    | CUSIP: 34077EAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1048661.95   | 0.03%             | 2045-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Stockton Unified School District                                                 | STOCKTON CA UNIF SCH DIST                                    | CUSIP: 861419ZG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2249301.67   | 0.05%             | 2040-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416UQP3<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   8325000 | PA      | $9441997.72   | 0.23%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Sawyers Landing Community Development District                                   | SAWYERS LANDING CDD FL SPL ASSMNT REVENUE                    | CUSIP: 805517AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $328051.44    | 0.01%             | 2041-05-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698QE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $579132.02    | 0.01%             | 2028-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514ANG6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $23080246.00  | 0.56%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FFY6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505269.25   | 0.06%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968MUU1<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    550000 | PA      | $549680.89    | 0.01%             | 2049-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| North Miami Community Redevelopment Agency                                       | NORTH MIAMI FL CMNTY REDEV AGY REDEV REVENUE                 | CUSIP: 661056AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2945000 | PA      | $3165245.06   | 0.08%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968MXD6<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   3940000 | PA      | $3895266.03   | 0.09%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTQ9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |     85000 | PA      | $85022.99     | 0.00%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4730000 | PA      | $5154191.60   | 0.13%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAB8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013413.10   | 0.02%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAG2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2136766.39   | 0.05%             | 2044-10-01      | Floating      | 2.40%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF HSG REVENUE                      | CUSIP: 45203LEM1<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    650000 | PA      | $654198.48    | 0.02%             | 2027-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WSTWTR SYS REVENUE                | CUSIP: 71883PKL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1054325.42   | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp                                | MATCHING FUND SPL PURPOSE SECURITIZTN CORP                   | CUSIP: 57665NAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1392415.17   | 0.03%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp                                | MATCHING FUND SPL PURPOSE SECURITIZTN CORP                   | CUSIP: 57665NAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503942.40    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153NR6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5626651.50   | 0.14%             | 2031-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hutto Independent School District                                                | HUTTO TX INDEP SCH DIST                                      | CUSIP: 4484926N3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1681845.08   | 0.04%             | 2055-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REVENUE             | CUSIP: 67754AAE4<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $916110.70    | 0.02%             | 2048-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790KE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $625753.07    | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Murrieta Valley Unified School District Public Financing Authority               | MURRIETA VLY CA UNIF SCH DIST PUBLIC FING AUTH SPL TAX REVEN | CUSIP: 62719TBX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1829265.11   | 0.04%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                         | CUSIP: 67756CDL9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    250000 | PA      | $243712.40    | 0.01%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL HLTH CARE FACS REVENUE                 | CUSIP: 14055GAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1122242.60   | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GJK6<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7678559.00   | 0.19%             | 2056-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |  13756728 | PA      | $13235620.03  | 0.32%             | 2050-03-01      | Floating      | 4.22%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YF7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   7815000 | PA      | $7186685.72   | 0.17%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                  | BALDWIN CNTY AL INDL DEV AUTH SOL WST DISP REVENUE           | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3365000 | PA      | $3444646.52   | 0.08%             | 2055-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11240000 | PA      | $12045108.84  | 0.29%             | 2034-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | ARIZONA BRD OF RGTS UNIV ARIZONA SYS REVENUE                 | CUSIP: 040484UB1<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033986.70   | 0.03%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                              | DENTON CNTY TX SPL ASSMNT REVENUE                            | CUSIP: 24880GAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $767661.45    | 0.02%             | 2035-12-31      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 4072722N2<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2252763.38   | 0.05%             | 2038-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 6262074Q4<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    620000 | PA      | $639695.79    | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Thompson Crossing Metropolitan District No 4                                     | THOMPSON CROSSING MET DIST #4 CO                             | CUSIP: 88477EAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $901176.21    | 0.02%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | TEXAS ST                                                     | CUSIP: 882724LF2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040383.70   | 0.03%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                      | NEW YORK CITY NY INDL DEV AGY REVENUE                        | CUSIP: 64971PKZ7<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2493024.53   | 0.06%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FL44<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1090573.60   | 0.03%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP REVENUE            | CUSIP: 83703FLR1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  15620000 | PA      | $15620000.00  | 0.38%             | 2048-05-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647MB4<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041836.00   | 0.03%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250FU3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    800000 | PA      | $852049.44    | 0.02%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151ZS1<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2097573.80   | 0.05%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE          | CUSIP: 645424BB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1426906.38   | 0.03%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153JZ3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2354426.33   | 0.06%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008ELT1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    470000 | PA      | $458289.25    | 0.01%             | 2045-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444452P3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127579.30   | 0.03%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QWD4<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2524680.39   | 0.06%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH HOSP REVENUE                  | CUSIP: 56678PCH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046846.10   | 0.03%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1450760.30   | 0.04%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ECON ACTIVITY TAX REVENUE       | CUSIP: 48502MAA1<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    975000 | PA      | $933801.08    | 0.02%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   5608903 | PA      | $5407491.42   | 0.13%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Cape Girardeau County Industrial Development Authority                           | CAPE GIRARDEAU CNTY MO INDL DEV AUTH TAX INCR & SPL DIST REV | CUSIP: 139424AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $470349.85    | 0.01%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964419.80    | 0.02%             | 2045-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  17375000 | PA      | $18963471.15  | 0.46%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252LG2<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  11280000 | PA      | $11331571.03  | 0.28%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | VIRGINIA ST PUBLIC BLDG AUTH PUBLIC FACS REVENUE             | CUSIP: 9281727Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3892530.47   | 0.09%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Hospital Authority/PA                                              | MONROE CNTY PA HOSP AUTH LEASE RENT REVENUE                  | CUSIP: 610772AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4890000 | PA      | $4793423.97   | 0.12%             | 2039-06-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| County of Sullivan NY                                                            | SULLIVAN CNTY NY INFRASTRUCTURE LOCAL DEV CORP REVENUE       | CUSIP: 865273AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1048359.59   | 0.03%             | 2049-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 578                                  | HARRIS CNTY TX MUNI UTILITY DIST #578                        | CUSIP: 41431EAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $974891.27    | 0.02%             | 2046-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE              | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1278713.67   | 0.03%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Arthur Independent School District                                          | PORT ARTHUR TX INDEP SCH DIST                                | CUSIP: 733505WH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1134182.60   | 0.03%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442ELS7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1512924.29   | 0.04%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE              | CUSIP: 46246SAE5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3870000 | PA      | $3831972.22   | 0.09%             | 2042-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                             | NRTHRN CA ENERGY AUTH COMMODITY SPLY REVENUE                 | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3243350.40   | 0.08%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FBA2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2417629.36   | 0.06%             | 2036-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780M2W8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2715965.13   | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lammersville Joint Unified School District                                       | LAMMERSVILLE CA JT UNIF SCH DIST SPL TAX                     | CUSIP: 513533JT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $399662.96    | 0.01%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063ELX2<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1172681.20   | 0.03%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y2Y4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $4122889.77   | 0.10%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   6335000 | PA      | $6693215.74   | 0.16%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45200F6J3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3200000.00   | 0.08%             | 2044-08-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Village Metropolitan District/The                                                | VILLAGE MET DIST CO                                          | CUSIP: 92708CAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1746512.78   | 0.04%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FUTURES USD CITI CASH                                                            | FUTURES USD CITI COC                                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   2052000 | NS      | $2052000.00   | 0.05%             |  |  |  | No            |                  1 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PL86<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3739149 | PA      | $3744230.49   | 0.09%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GBD0<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1371128.25   | 0.03%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH                            | CUSIP: 69650MAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1243502.75   | 0.03%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION MF HSG REVENUE              | CUSIP: 93978PPU5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    830000 | PA      | $840435.18    | 0.02%             | 2043-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Katy Independent School District                                                 | KATY TX INDEP SCH DIST                                       | CUSIP: 486063W89<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2409096.05   | 0.06%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                               | DENTON TX INDEP SCH DIST                                     | CUSIP: 249002LU8<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1540108.88   | 0.04%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727L38<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2376199.33   | 0.06%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHSOL WST DISP FAC REVENUE        | CUSIP: 54640TAK5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1136480.38   | 0.03%             | 2043-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727J56<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    400000 | PA      | $424530.84    | 0.01%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Trimble KY                                                             | TRIMBLE CNTY KY ENVRNMNTL FACS REVENUE                       | CUSIP: 896221AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010868.00   | 0.02%             | 2054-06-01      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| Celina Independent School District                                               | CELINA TX INDEP SCH DIST                                     | CUSIP: 151145YT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3420000 | PA      | $3644311.30   | 0.09%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532PN8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    625000 | PA      | $676323.56    | 0.02%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Selma Industrial Development Board                                               | SELMA AL INDL DEV BRD REVENUE                                | CUSIP: 81647PAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2363567.51   | 0.06%             | 2034-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145UT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1749650.28   | 0.04%             | 2055-02-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QC50<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3324489.30   | 0.08%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA LOC GOVT FIN COMMISSION SENIOR LIVING REVENUE        | CUSIP: 34077UAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5945000 | PA      | $5988793.84   | 0.15%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV HOSP REVENUE               | CUSIP: 717901BG6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1011886.36   | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080YB1<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    595000 | PA      | $584883.39    | 0.01%             | 2045-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE | CUSIP: 60528AAV6<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   3990000 | PA      | $3990000.00   | 0.10%             | 2030-12-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 493                                  | HARRIS CNTY TX MUNI UTILITY DIST #493                        | CUSIP: 41424DAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $984158.28    | 0.02%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Norman Regional Hospital Authority                                               | NORMAN OK REGL HOSP AUTH HOSP REVENUE                        | CUSIP: 656178EF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1270280.88   | 0.03%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF HSG REVENUE                      | CUSIP: 45203LEL3<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    900000 | PA      | $905692.68    | 0.02%             | 2027-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3785194.35   | 0.09%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FK46<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    480000 | PA      | $481165.15    | 0.01%             | 2041-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMA8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     80000 | PA      | $83105.01     | 0.00%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UKG2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1340265.06   | 0.03%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH REVENUE                         | CUSIP: 54811GH86<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2118515.60   | 0.05%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority Inc                                            | BRAZOS TX HGR EDU AUTH STUDENT LOAN PROGRAM REV              | CUSIP: 10623ADB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6505000 | PA      | $6553759.53   | 0.16%             | 2046-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | FLORIDA ST TURNPIKE AUTH TURNPIKE REVENUE                    | CUSIP: 343137CS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1151604.02   | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | MET ATLANTA RAPID TRANSIT AUTH GA SALES TAX REVENUE          | CUSIP: 591746BX9<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1183180.75   | 0.03%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Two Lakes Community Development District                                         | TWO LAKES CDD FL SPL ASSMNT                                  | CUSIP: 90207EAT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $777682.33    | 0.02%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NS Public Infrastructure District No 1                                           | NS PUBLIC INFRASTRUCTURE DIST #1 UT SPL ASSMNT               | CUSIP: 62957AAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $925271.20    | 0.02%             | 2044-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203H5C2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    620000 | PA      | $620602.27    | 0.02%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                              | DENTON CNTY TX SPL ASSMNT REVENUE                            | CUSIP: 24880GAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    194000 | PA      | $197352.46    | 0.00%             | 2031-12-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B4U5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3194360.10   | 0.08%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University/The                                                | PENNSYLVANIA ST UNIV                                         | CUSIP: 7092354B8<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2697023.75   | 0.07%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647DD0<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010942.70   | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Phenix City Industrial Development Board                                         | PHENIX CITY AL INDL DEV BRD ENVRNMNTL IMPT REVENUE           | CUSIP: 717346AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2926595.10   | 0.07%             | 2035-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH ENVRNMNTL REVENUE                        | CUSIP: 455054BE5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2455047.25   | 0.06%             | 2026-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TQU8<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    560000 | PA      | $561980.05    | 0.01%             | 2049-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Alabama Housing Finance Authority                                                | ALABAMA ST HSG FIN AUTH MF HSG REVENUE                       | CUSIP: 01030PGZ3<br>LEI: 549300VFN7EHPOFS7D76 | Long             | DBT              | MUN               | US        |    260000 | PA      | $272340.72    | 0.01%             | 2029-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Department of Budget & Finance                                   | HAWAII ST DEPT OF BUDGET & FIN SPL PURPOSE REVENUE           | CUSIP: 419800QS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11800000 | PA      | $11800000.00  | 0.29%             | 2060-07-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| Hospital Facilities Authority of Multnomah County Oregon                         | MULTNOMAH CNTY OR HOSP FACS AUTH REVENUE                     | CUSIP: 62551PCZ8<br>LEI: 549300GAP0JIG7V33754 | Long             | DBT              | MUN               | US        |    765000 | PA      | $647140.12    | 0.02%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                        | NORFOLK VA REDEV & HSG AUTH MF HSG REVENUE                   | CUSIP: 655904BX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101118.45    | 0.00%             | 2043-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532FT6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1205338.23   | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newport Mesa Unified School District                                             | NEWPORT MESA CA UNIF SCH DIST                                | CUSIP: 652113WK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $559762.00    | 0.01%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FZG2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    750000 | PA      | $817035.08    | 0.02%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $584962.07    | 0.01%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971WXL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500551.80    | 0.01%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 216                               | FORT BEND CNTY TX MUNI UTILITY DIST #216                     | CUSIP: 34683SAK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1223347.87   | 0.03%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JNB0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4760000 | PA      | $5417874.84   | 0.13%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA INDL DEV AUTH HOSP REVENUE                           | CUSIP: 04052EAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $759317.40    | 0.02%             | 2045-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFP8<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    435000 | PA      | $462831.74    | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buffalo Highlands Metropolitan District                                          | BUFFALO HIGHLANDS MET DIST                                   | CUSIP: 119541AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    628000 | PA      | $628668.63    | 0.02%             | 2038-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742184Z3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $711284.78    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE              | CUSIP: 924157AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504521.95    | 0.01%             | 2036-04-01      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH REVENUE                         | CUSIP: 54811GM49<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1396053.67   | 0.03%             | 2039-05-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990F6Q2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    895000 | PA      | $938728.81    | 0.02%             | 2045-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                             | CUSIP: 31222PAJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $847638.13    | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Convention Center Public Facilities District                    | WASHINGTON ST CONVENTION CENTER PUBLIC FACS DIST             | CUSIP: 93976ADG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447497.85    | 0.01%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XHT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6180000 | PA      | $6180000.00   | 0.15%             | 2042-08-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5536709.91   | 0.13%             | 2054-04-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Auburn University                                                                | AUBURN UNIV AL GEN FEE REVENUE                               | CUSIP: 050589SE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1324704.63   | 0.03%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY INDL DEV AUTH EXEMPT FACS REVENUE              | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1251764.25   | 0.03%             | 2047-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                                  | HAWAII ST                                                    | CUSIP: 419792LQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014765.00   | 0.05%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH                                     | CUSIP: 650009W58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991822.50    | 0.02%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104MU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $577803.93    | 0.01%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | LEWISVILLE TX INDEP SCH DIST                                 | CUSIP: 52882PFK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1772267.20   | 0.04%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Princeton Independent School District                                            | PRINCETON TX INDEP SCH DIST                                  | CUSIP: 742395ZA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1210212.74   | 0.03%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | UTAH ST TRANSIT AUTH SALES TAX REVENUE                       | CUSIP: 917567HD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $973410.90    | 0.02%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HOSP FACS REVENUE                           | CUSIP: 353187DN4<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970336.90    | 0.02%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521527N5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5525000 | PA      | $5525000.00   | 0.13%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Farmville Industrial Development Authority                                       | FARMVILLE VA INDL DEV AUTH FACS REVENUE                      | CUSIP: 311617AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $276566.99    | 0.01%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manteca CA                                                               | MANTECA CA SPL TAX                                           | CUSIP: 56453TBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519713.55    | 0.01%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136ER8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    590000 | PA      | $538740.74    | 0.01%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GGS2<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3955000 | PA      | $4356468.49   | 0.11%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UK72<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    430000 | PA      | $449468.77    | 0.01%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FZF4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    825000 | PA      | $905447.07    | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020939.90   | 0.02%             | 2039-11-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358W5Q3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1091581.46   | 0.03%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045X81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $384854.15    | 0.01%             | 2038-11-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LEM2<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |    500000 | PA      | $476058.30    | 0.01%             | 2027-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L4D6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $2540625.00   | 0.06%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151PU7<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1474977.97   | 0.04%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rialto Unified School District                                                   | RIALTO CA UNIF SCH DIST                                      | CUSIP: 762494RY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $126272.52    | 0.00%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080S2X1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   7200000 | PA      | $8272512.00   | 0.20%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL FAC REVENUE                           | CUSIP: 74446DAK4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    480000 | PA      | $505416.38    | 0.01%             | 2030-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510935E6<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006652.50   | 0.02%             | 2046-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HLTH CARE FACS REVENUE                      | CUSIP: 353180MJ8<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1873300.80   | 0.05%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Escondido Union High School District                                             | ESCONDIDO CA UNION HIGH SCH DIST                             | CUSIP: 296353KT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $468311.80    | 0.01%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Gloucester County Improvement Authority/The                                      | GLOUCESTER CNTY NJ IMPT AUTH                                 | CUSIP: 37970PJA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1791167.88   | 0.04%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Talon Pointe Metropolitan District                                               | TALON POINTE CO MET DIST                                     | CUSIP: 874838AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $762117.27    | 0.02%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XLU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1118665.99   | 0.03%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974ENJ1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092563.90   | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EMD9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $682139.03    | 0.02%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GLADIEUX METALS RECYCLING                                                        | GLADIEUX METALS RECYCLING ROLL UP TERM LOAN                  | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    429667 | PA      | $429667.40    | 0.01%             | 2032-08-21      | Floating      | 14.17%                | No            |                  2 | On Loan: No      |
| Adams County General Authority                                                   | ADAMS CNTY PA GEN AUTH REV                                   | CUSIP: 006114AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2318531.15   | 0.06%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742185D1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $244974.48    | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GL28<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151858.00   | 0.05%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eagle Mountain & Saginaw Independent School District                             | EAGLE MOUNTAIN & SAGINAW TX INDEP SCH DIST                   | CUSIP: 269696RX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1910000 | PA      | $2095744.83   | 0.05%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 818                         | LAS VEGAS NV SPL IMPT DIST #818                              | CUSIP: 51779DAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $793254.82    | 0.02%             | 2031-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TXG3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515796.60    | 0.01%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BQ95<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2659742.25   | 0.06%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YBH1<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1260101.62   | 0.03%             | 2034-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fremont Unified School District/Alameda County CA                                | FREMONT CA UNIF SCH DIST ALAMEDA CNTY                        | CUSIP: 357155AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1598606.40   | 0.04%             | 2033-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 7087968F7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $907880.50    | 0.02%             | 2042-10-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 517845AV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1716164.45   | 0.04%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lavon TX                                                                 | LAVON TX SPL ASSMT REVENUE                                   | CUSIP: 51946PCJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $343952.70    | 0.01%             | 2032-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645URE6<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501220.10   | 0.04%             | 2039-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589093K0<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    105000 | PA      | $112330.94    | 0.00%             | 2054-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Houston Independent School District                                              | HOUSTON TX INDEP SCH DIST                                    | CUSIP: 442403SH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4237362.00   | 0.10%             | 2045-07-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAH5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   4560000 | PA      | $4560119.02   | 0.11%             | 2050-09-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SF MTGE REVENUE                      | CUSIP: 45129Y5K8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    610000 | PA      | $675172.71    | 0.02%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2415729.60   | 0.06%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247FZ8<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $969398.57    | 0.02%             | 2028-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TK77<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529806.65    | 0.01%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTF5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1311554.17   | 0.03%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HNC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1784592.15   | 0.04%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LT Ranch Community Development District                                          | LT RANCH CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 54912EAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1319758.31   | 0.03%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 232                               | FORT BEND CNTY TX MUNI UTILITY DIST #232                     | CUSIP: 34687HAT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1134712.88   | 0.03%             | 2043-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | LOUISIANA STADIUM & EXPOSITION DIST LA                       | CUSIP: 546410CN9<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1570287.60   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hutto Independent School District                                                | HUTTO TX INDEP SCH DIST                                      | CUSIP: 4484925M6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1882118.51   | 0.05%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                             | MASSACHUSETTS ST HSG FIN AGY HSG REVENUE                     | CUSIP: 57587GLR4<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   3925000 | PA      | $3883726.66   | 0.09%             | 2047-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790FM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $619048.68    | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $247222.30    | 0.01%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH MIDWESTERN DISASTER RELIEF REVENUE          | CUSIP: 45470CAE9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    665000 | PA      | $650920.82    | 0.02%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Arizona Department of Transportation State Highway Fund Revenue                  | ARIZONA ST TRANSPRTN BRD HIGHWAY REVENUE                     | CUSIP: 040654YG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018893.00   | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063ENC6<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2175645.44   | 0.05%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST GEN FUND ANNUAL APPROP REVENUE                  | CUSIP: 977100GS9<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   3585000 | PA      | $3728935.96   | 0.09%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MS36<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   7750000 | PA      | $8811323.75   | 0.21%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT SPL ASSMNT   | CUSIP: 59561TAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $448728.79    | 0.01%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505UW4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514713.50    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972ENT2<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    530000 | PA      | $482177.04    | 0.01%             | 2031-11-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  10655000 | PA      | $11680831.44  | 0.28%             | 2054-07-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    645000 | PA      | $706625.36    | 0.02%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP REVENUE                              | CUSIP: 34074MSJ1<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1560967.65   | 0.04%             | 2050-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Fort Worth TX Water & Sewer System Revenue                               | FORT WORTH TX WTR & SWR REVENUE                              | CUSIP: 349515Y42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1510072.74   | 0.04%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | SAN ANTONIO TX                                               | CUSIP: 79623PRB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1324608.52   | 0.03%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tolomato Community Development District                                          | TOLOMATO FL CDD                                              | CUSIP: 889560EM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1370552.54   | 0.03%             | 2040-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Cedar Hill Independent School District                                           | CEDAR HILL TX INDEP SCH DIST                                 | CUSIP: 1504293U0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $2003763.40   | 0.05%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | CENTRL PUGET SOUND WA REGL TRANSIT AUTH SALES & USE TAX      | CUSIP: 15504RGH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3003738.60   | 0.07%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 5178407Q1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4110000 | PA      | $4116895.76   | 0.10%             | 2027-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353892A5<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3475000 | PA      | $3740041.38   | 0.09%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                     | PRINCE GEORGES CNTY MD                                       | CUSIP: 741702DL5<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1211548.58   | 0.03%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AVJ1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6200000 | PA      | $6746983.22   | 0.16%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | Washington State Housing Finance Commission                  | CUSIP: 93978T4N6<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | CORP              | US        |   1685509 | PA      | $165230.42    | 0.00%             | 2037-04-20      | Variable      | 1.49%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REVENUE             | CUSIP: 67754AAD6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7959434.40   | 0.19%             | 2038-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153FC8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    910000 | PA      | $982274.48    | 0.02%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EMG5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093604.90   | 0.03%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                      | CUSIP: 71883MPJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3555100.15   | 0.09%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2706512.10   | 0.07%             | 2042-11-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153EL9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2080424.31   | 0.05%             | 2040-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp                                           | MARICOPA CNTY AZ POLL CONTROLCORP POLL CONTROL REVENUE       | CUSIP: 566854EE1<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |    750000 | PA      | $677301.00    | 0.02%             | 2040-02-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308N66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1826051.03   | 0.04%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                       | CUSIP: 74443DLB5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190114.23    | 0.00%             | 2039-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203HS52<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000419.80   | 0.05%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pflugerville TX                                                          | PFLUGERVILLE TX SPL ASSMNT REVENUE                           | CUSIP: 71710FAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $448724.48    | 0.01%             | 2033-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883ZZ8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1102085.20   | 0.03%             | 2038-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  29085000 | PA      | $31370921.03  | 0.76%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                            | KENTUCKY ST HSG CORP MF REVENUE                              | CUSIP: 49131CAA0<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1804887.97   | 0.04%             | 2043-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF MTGE REVENUE                | CUSIP: 64966TGX6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    900000 | PA      | $928961.82    | 0.02%             | 2031-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | UNIV OF TEXAS TX PERMANENT UNIV FND                          | CUSIP: 915130AQ1<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2491236.49   | 0.06%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PCP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010559.70   | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                           | UNIV OF MICHIGAN MI                                          | CUSIP: 914455LR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9060000 | PA      | $9060000.00   | 0.22%             | 2042-04-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FXD2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $552942.95    | 0.01%             | 2039-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CA PUBLIC PWR AUTH REVENUE                             | CUSIP: 84247PKZ3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    520000 | PA      | $565456.53    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rochester MN                                                             | ROCHESTER MN HLTH CARE FACS REVENUE                          | CUSIP: 771902HH9<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |  12975000 | PA      | $12975000.00  | 0.32%             | 2038-11-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| North East Independent School District/TX                                        | NORTH EAST TX INDEP SCH DIST                                 | CUSIP: 659155QL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $457310.03    | 0.01%             | 2049-08-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | MARYLAND ST                                                  | CUSIP: 574193RU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1938789.01   | 0.05%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX                                                               | EL PASO TX                                                   | CUSIP: 2837347L9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1512921.77   | 0.04%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YGM7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3295000 | PA      | $3793693.31   | 0.09%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252LQ0<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2580000 | PA      | $2617537.97   | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Farmville Industrial Development Authority                                       | FARMVILLE VA INDL DEV AUTH FACS REVENUE                      | CUSIP: 311617AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2807813.10   | 0.07%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH STUDENT HSG REVENUE                      | CUSIP: 45471FBG5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    755000 | PA      | $703752.11    | 0.02%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525Y44<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067998.10   | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712A35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3477278.40   | 0.08%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST                                                 | CUSIP: 97705MU78<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11492444.00  | 0.28%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $546264.15    | 0.01%             | 2037-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532QC1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1330286.03   | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | ARIZONA BRD OF RGTS ST UNIV SYS REVENUE                      | CUSIP: 04048RXB7<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069361.70   | 0.03%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PEC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1227977.89   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                             | CUSIP: 31222PAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $891688.58    | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DVM8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1143681.20   | 0.03%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972EYV5<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    500000 | PA      | $337360.75    | 0.01%             | 2046-11-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV POLL CONTROL REVENUE                           | CUSIP: 181008BD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $418639.70    | 0.01%             | 2031-06-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C2Y7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    590000 | PA      | $599112.79    | 0.01%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794ZY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $2027532.78   | 0.05%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1266047.53   | 0.03%             | 2047-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JFX9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1768485.35   | 0.04%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250FT6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1172022.72   | 0.03%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3035000 | PA      | $3128861.62   | 0.08%             | 2032-10-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                 | ALAMO TX CMNTY CLG DIST                                      | CUSIP: 011415SN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2197320.21   | 0.05%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FZQ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3240000 | PA      | $3539656.26   | 0.09%             | 2060-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                     | RENO-TAHOE NV ARPT AUTH ARPT REVENUE                         | CUSIP: 759874BV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $950751.64    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue                     | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                  | CUSIP: 6498835R2<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    220000 | PA      | $221465.49    | 0.01%             | 2047-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532NW0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036918.40   | 0.03%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628CUH3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1205343.22   | 0.03%             | 2036-04-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978T4M8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3362612 | PA      | $3126531.45   | 0.08%             | 2037-04-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT &SWR AUTH REVENUE                | CUSIP: 745160TF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520758.25    | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883TD4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2796871.00   | 0.07%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SKL9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   7585000 | PA      | $8745821.29   | 0.21%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                            | CUSIP: 96634RAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $640185.48    | 0.02%             | 2046-03-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Kinston Metropolitan District No 5                                               | KINSTON MET DIST CO #5                                       | CUSIP: 49717MAD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027593.50   | 0.02%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797355Q80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $565497.53    | 0.01%             | 2034-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JHS0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1090878.10   | 0.03%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JM9<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  14315000 | PA      | $15494258.25  | 0.38%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UB31<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    500000 | PA      | $366369.25    | 0.01%             | 2051-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23063000 | PA      | $22092218.37  | 0.54%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Sherman Independent School District/TX                                           | SHERMAN TX INDEP SCH DIST                                    | CUSIP: 824178C96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $537652.35    | 0.01%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Department of Budget & Finance                                   | HAWAII ST DEPT OF BUDGET & FIN SPL PURPOSE REVENUE           | CUSIP: 419800LV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1458400.69   | 0.04%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6765000 | PA      | $7297263.44   | 0.18%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency                                                  | OKLAHOMA ST HSG FIN AGY SF MTGE REVENUE                      | CUSIP: 67886MW88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2651280.84   | 0.06%             | 2056-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1071146 | PA      | $1040578.79   | 0.03%             | 2041-07-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP SOL WST DISP REVENUE                | CUSIP: 605155BV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $855437.62    | 0.02%             | 2054-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505VB9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1255743.63   | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CA PUBLIC PWR AUTH REVENUE                             | CUSIP: 84247PNP2<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4587193.20   | 0.11%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp                                      | KENTUCKY ST HGR EDU STUDENT LOAN CORP                        | CUSIP: 49130NEK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $524178.95    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PC52<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1320016.24   | 0.03%             | 2027-11-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445EP0<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025372.20   | 0.02%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | LOUISIANA STADIUM & EXPOSITION DIST LA                       | CUSIP: 546410CP4<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1386183.88   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J76<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $1892270.69   | 0.05%             | 2031-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2536233.00   | 0.06%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH MF HSG REVENUE                      | CUSIP: 59465FAE0<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9985064.00   | 0.24%             | 2045-09-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637B3W8<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1144526.94   | 0.03%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP REVENUE                              | CUSIP: 34074M3Q2<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    940000 | PA      | $1050120.53   | 0.03%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577B6B5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2715000 | PA      | $2887620.51   | 0.07%             | 2028-04-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647MR9<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6275000 | PA      | $7013302.07   | 0.17%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080UX7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    680000 | PA      | $669093.89    | 0.02%             | 2039-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP FAC REVENUE                                     | CUSIP: 677561KM3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973912.60    | 0.02%             | 2035-01-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CA PUBLIC PWR AUTH REVENUE                             | CUSIP: 84247PNN7<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    500000 | PA      | $570471.55    | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYJ8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1767904.91   | 0.04%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1569118.08   | 0.04%             | 2040-07-20      | Floating      | 3.93%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RKN4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084690.40   | 0.03%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $865435.97    | 0.02%             | 2042-05-20      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DJZ6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4850000 | PA      | $5279189.11   | 0.13%             | 2055-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5025000 | PA      | $5251991.81   | 0.13%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                   | CUSIP: 29270C6Z3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2310353.40   | 0.06%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southglenn Metropolitan District                                                 | SOUTHGLENN CO MET DIST SPL REVENUE                           | CUSIP: 84437RAE7<br>LEI: 549300ETN4YRI5O2PU39 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000908.30   | 0.02%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | SOUTH DAKOTA ST HSG DEV AUTH                                 | CUSIP: 83756LAC9<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   4405000 | PA      | $4814830.63   | 0.12%             | 2055-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE SOL WST REVENUE                 | CUSIP: 45202HAL7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1571913.54   | 0.04%             | 2053-10-01      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                         | WEST VIRGINIA ST HOSP FIN AUTH                               | CUSIP: 956622N67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2769355.05   | 0.07%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 19648GZ70<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   2945000 | PA      | $3301198.34   | 0.08%             | 2055-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 6262074X9<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2537733.01   | 0.06%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VKT4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2358838.82   | 0.06%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East County Advanced Water Purification Joint Powers Authority                   | EAST CNTY ADVANCED WTR PURIFICATION JT PWRS AUTH             | CUSIP: 271843AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5023616.00   | 0.12%             | 2026-09-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                           | US 2YR NOTE (CBT) DEC25                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      1547 | NC      | $-46319.73    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QZM7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $959000.00    | 0.02%             | 2021-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp                                                  | VERMONT ST STUDENT ASSISTANCECORP EDU LOAN REVENUE           | CUSIP: 92428CMQ4<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    460000 | PA      | $425003.48    | 0.01%             | 2039-06-15      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Rialto Unified School District                                                   | RIALTO CA UNIF SCH DIST                                      | CUSIP: 762494RX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $106661.90    | 0.00%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6922568 | PA      | $6648200.97   | 0.16%             | 2039-07-20      | Floating      | 3.93%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH SOL WST DISP REVENUE                       | CUSIP: 56042CAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $722346.90    | 0.02%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419TT84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $1018312.63   | 0.02%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780M2V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2680213.87   | 0.07%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647FZ9<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5319797.00   | 0.13%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GC85<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5300000.00   | 0.13%             | 2053-06-15      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Prattville Industrial Development Board                                          | PRATTVILLE AL INDL DEV BRD REVENUE                           | CUSIP: 740040AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1509353.25   | 0.04%             | 2033-11-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794C75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502368.95    | 0.01%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Valdez AK                                                                | VALDEZ AK MARINE TERMINAL REVENUE                            | CUSIP: 919061DU2<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500000.00   | 0.09%             | 2033-12-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | AUSTIN TX                                                    | CUSIP: 0523973S3<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2214291.80   | 0.05%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1030284.69   | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Midtown Miami Community Development District                                     | MIDTOWN MIAMI FL CDD SPL ASSMNT REVENUE                      | CUSIP: 59807PAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $505431.98    | 0.01%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 649903C33<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5405000 | PA      | $5405000.00   | 0.13%             | 2032-07-01      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| Las Vegas Convention & Visitors Authority                                        | LAS VEGAS NV CONVENTION & VISITORS AUTH CONVENTION CTR EXPAN | CUSIP: 51771FBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2255206.00   | 0.05%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AD0<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1472485.56   | 0.04%             | 2042-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| San Mateo County Community College District                                      | SAN MATEO CNTY CA CMNTY CLG DIST                             | CUSIP: 799038GF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $6461352.75   | 0.16%             | 2031-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RUB3<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |     80000 | PA      | $81387.34     | 0.00%             | 2032-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Forsyth MT                                                               | FORSYTH MT POLL CONTROL REVENUE                              | CUSIP: 346668DN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2704699.71   | 0.07%             | 2028-07-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                         | MONTANA ST BRD OF HSG SF MTGE                                | CUSIP: 61212WYV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1768331.50   | 0.04%             | 2055-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YG5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $905338.70    | 0.02%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PC60<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2080202.09   | 0.05%             | 2037-11-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AG68<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1618164.60   | 0.04%             | 2045-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487R3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1390361.40   | 0.03%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WS72<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2766822.54   | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966Q3T5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    890000 | PA      | $991373.76    | 0.02%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA FL ELEC SYS REVENUE                                      | CUSIP: 46613SFV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3070000 | PA      | $3217363.38   | 0.08%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bexar County Hospital District                                                   | BEXAR CNTY TX HOSP DIST                                      | CUSIP: 088365HJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1827199.33   | 0.04%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AK30<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1617063.22   | 0.04%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CEN4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3838325.45   | 0.09%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QUZ3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     70000 | PA      | $47950.00     | 0.00%             | 2023-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJV1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   8480000 | PA      | $9428032.62   | 0.23%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tolomato Community Development District                                          | TOLOMATO FL CDD                                              | CUSIP: 889560EQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3354880.80   | 0.08%             | 2040-05-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349JM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2181822.00   | 0.05%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613ACX8<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |    305000 | PA      | $304926.46    | 0.01%             | 2051-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of Alaska International Airports System                                    | ALASKA ST INTERNATIONAL ARPTS REVENUES                       | CUSIP: 011842UP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1487704.47   | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH RSDL FAC CARE REVENUE   | CUSIP: 928103AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $455289.49    | 0.01%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532NT7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    615000 | PA      | $698436.93    | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rowland Unified School District                                                  | ROWLAND CA UNIF SCH DIST                                     | CUSIP: 779631EJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $363061.40    | 0.01%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Hays Consolidated Independent School District                                    | HAYS TX CONSOL INDEP SCH DIST                                | CUSIP: 4211106U6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $811743.30    | 0.02%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743XZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $753112.51    | 0.02%             | 2040-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE               | CUSIP: 745160SH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1545798.30   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA Community Facilities District No 2016-1        | SAN FRANCISCO CITY & CNTY CA CMNTY FACS DIST #2016-1 AREA #2 | CUSIP: 79773LAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $746560.03    | 0.02%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4855000 | PA      | $4474143.70   | 0.11%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CEL8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   6700000 | PA      | $7665913.54   | 0.19%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Galena Park Independent School District                                          | GALENA PARK TX INDEP SCH DIST                                | CUSIP: 363335HL7<br>LEI: 549300705BA4XGM4U218 | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2251936.21   | 0.05%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285ADG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1128256.80   | 0.03%             | 2035-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CFW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1438435.91   | 0.03%             | 2036-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QYU8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1921049.73   | 0.05%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5296656.00   | 0.13%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | CENTRL PUGET SOUND WA REGL TRANSIT AUTH SALES & USE TAX      | CUSIP: 15504RGF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1007079.65   | 0.02%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398GR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053988.70   | 0.03%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YAT6<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    750000 | PA      | $748369.35    | 0.02%             | 2040-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD STUDENT HSG REVENUE  | CUSIP: 499526AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $310459.09    | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE SOL WST REVENUE                 | CUSIP: 45202HAM5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $537884.65    | 0.01%             | 2052-09-01      | Floating      | 7.25%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $542184.68    | 0.01%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Galveston County Municipal Utility District No 79                                | GALVESTON CNTY TX MUD #79                                    | CUSIP: 36423TAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912579.70    | 0.02%             | 2047-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| County of Union NC                                                               | UNION CNTY NC                                                | CUSIP: 9063954K1<br>LEI: 5493007ESG9QHLUW6165 | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2405430.23   | 0.06%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE                    | CUSIP: 153476FT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1553889.40   | 0.04%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Affordable Pfc Inc                                                        | AUSTIN TX AFFORDABLE PUBLIC FACILITY CORP INC MF HSG REVENUE | CUSIP: 05217TAS3<br>LEI: 529900LKLIWOHOEBOF89 | Long             | DBT              | MUN               | US        |    195000 | PA      | $203257.06    | 0.00%             | 2028-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County Honolulu HI Wastewater System Revenue                              | HONOLULU CITY & CNTY HI WSTWTR SYS REVENUE                   | CUSIP: 4387014M3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2530950.59   | 0.06%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $413914.02    | 0.01%             | 2047-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WF0<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957111.50    | 0.02%             | 2042-11-01      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | MINNESOTA ST                                                 | CUSIP: 60412AD91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2508997.53   | 0.06%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698RL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022172.90   | 0.02%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736W37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1141255.15   | 0.03%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 1964792D0<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1664262.27   | 0.04%             | 2049-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Greenwood Independent School District                                            | GREENWOOD TX INDEP SCH DIST                                  | CUSIP: 397370JX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1427262.54   | 0.03%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp                                                 | IOWA ST STUDENT LOAN LIQUIDITY CORP                          | CUSIP: 462590PD6<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    250000 | PA      | $264846.30    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NCQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1204896.12   | 0.03%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | DALLAS TX WTRWKS & SWR SYS REVENUE                           | CUSIP: 23542JRY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1533611.66   | 0.04%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532PP3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    275000 | PA      | $295240.88    | 0.01%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Texas System                                                 | UNIV OF N TEXAS UNIV REVENUE                                 | CUSIP: 914729XH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2130919.50   | 0.05%             | 2032-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTE8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4695000 | PA      | $4929321.35   | 0.12%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Community College District                                           | NAPA VLY CA CMNTY CLG DIST                                   | CUSIP: 630360CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3755000 | PA      | $3678599.27   | 0.09%             | 2026-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845TY6<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |    290000 | PA      | $322652.90    | 0.01%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant Regional Water District                                                  | TARRANT TX REGL WTR DIST WTR TRANSMISSION FACS CONTRACT REV  | CUSIP: 876448HN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2314068.11   | 0.06%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501VE2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $990409.98    | 0.02%             | 2027-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | KENTUCKY ST TURNPIKE AUTH ECON DEV ROAD REVENUE              | CUSIP: 491552R80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2294115.79   | 0.06%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   7900000 | PA      | $7980361.17   | 0.19%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District No 5                                         | RAMPART RANGE CO MET DIST #5                                 | CUSIP: 75157WAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $476063.75    | 0.01%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                 | CUSIP: 64985TAJ0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   5020000 | PA      | $5279452.68   | 0.13%             | 2039-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTS5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    565000 | PA      | $565164.53    | 0.01%             | 2028-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Concord Community Schools Building Corp                                          | CONCORD IN CMNTY SCHS BLDG CORP                              | CUSIP: 206256SB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005907.00   | 0.02%             | 2026-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080XK2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    795000 | PA      | $754207.28    | 0.02%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAF9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1389047.41   | 0.03%             | 2032-07-01      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Public Finance Corp                                                  | PUERTO RICO PUBLIC FIN CORP                                  | CUSIP: 745291TG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1318800.13   | 0.03%             | 2026-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PF42<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $996021.90    | 0.02%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585611 | PA      | $1484806.35   | 0.04%             | 2039-08-20      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                              | NORTH CAROLINA ST EDU ASSISTANCE AUTH                        | CUSIP: 658262HA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4589612.79   | 0.11%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monrovia Unified School District/CA                                              | MONROVIA CA UNIF SCH DIST                                    | CUSIP: 611594GC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $617322.30    | 0.02%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority/The                                         | ILLINOIS ST SPORTS FACS AUTH                                 | CUSIP: 452143FQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $712012.57    | 0.02%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 5922478K9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $909939.29    | 0.02%             | 2030-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063ELH7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2192129.60   | 0.05%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437EP6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    255000 | PA      | $279218.70    | 0.01%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Lansing Board of Water & Light                                                   | LANSING MICH BRD WTR & LT UTIL SYS REV                       | CUSIP: 516391FB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2830000 | PA      | $3228959.53   | 0.08%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419TVL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6658000 | PA      | $6577220.48   | 0.16%             | 2051-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $566737.51    | 0.01%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                 | CUSIP: 64985TCL3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2508227.25   | 0.06%             | 2039-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | HARRIS CNTY TX                                               | CUSIP: 414005N61<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   2825000 | PA      | $3194174.67   | 0.08%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966HXT2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4440000 | PA      | $4440000.00   | 0.11%             | 2039-03-01      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250FR0<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2176839.72   | 0.05%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224M89<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $526734.30    | 0.01%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | SOUTH DAKOTA ST HSG DEV AUTH                                 | CUSIP: 83756LBS3<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   6125000 | PA      | $6996488.28   | 0.17%             | 2055-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736P35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039223.80   | 0.03%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJH7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    280000 | PA      | $279994.65    | 0.01%             | 2028-08-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH REVENUE                                     | CUSIP: 46247SFT6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2987749.31   | 0.07%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PEE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $825561.39    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund               | OHIO ST WTR DEV AUTH WTR POLL CONTROL REVENUE                | CUSIP: 67766WR53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2328102.20   | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   6078872 | PA      | $5801946.79   | 0.14%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJT1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    280000 | PA      | $287926.02    | 0.01%             | 2039-10-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613AFB3<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1965135.05   | 0.05%             | 2052-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423487V4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2301739.23   | 0.06%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                    | BUCKS CNTY PA INDL DEV AUTH                                  | CUSIP: 118612MR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $525802.95    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Balm Grove Community Development District                                        | BALM GROVE CMNTY DEV DIST FL SPL ASSMNT                      | CUSIP: 05874FAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1740248.34   | 0.04%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 250                               | FORT BEND CNTY TX MUNI UTILITY DIST #250                     | CUSIP: 346776AM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1490164.05   | 0.04%             | 2037-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506DU86<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1134606.77   | 0.03%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LJH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2777938.54   | 0.07%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GRG1<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5200000.00   | 0.13%             | 2050-06-15      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| New Hampshire Housing Finance Authority                                          | NEW HAMPSHIRE ST HSG FIN AUTH SF REVENUE                     | CUSIP: 64469DU25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $193881.62    | 0.00%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637B8J2<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   9745000 | PA      | $10722967.27  | 0.26%             | 2055-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | AUSTIN TX WTR & WSTWTR SYS REVENUE                           | CUSIP: 052477PU4<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1371623.50   | 0.03%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | DIRECTOR OF THE ST OF NEVADA DEPT OF BUSINESS & INDUSTRIAL   | CUSIP: 25490LAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $380349.87    | 0.01%             | 2029-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JDF2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1522129.32   | 0.04%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                            | KENTUCKY ST HSG CORP SF MTGE                                 | CUSIP: 491309JC5<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    240000 | PA      | $263260.42    | 0.01%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WQ82<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    710000 | PA      | $805385.45    | 0.02%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SPL TAX REVENUE                  | CUSIP: 13051AMX3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1139319.34   | 0.03%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182QJ8<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  12390000 | PA      | $13660034.47  | 0.33%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PP58<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  21677000 | PA      | $7777794.31   | 0.19%             | 2041-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Educational Health Cultural & Social Services Finance Authority         | NEBRASKA EDUCTNL HLTH CULTURAL SOCIAL SVCS FIN AUTH REVENUE  | CUSIP: 63967UAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3020000 | PA      | $2732867.76   | 0.07%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE | CUSIP: 842469BK3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    550000 | PA      | $573302.79    | 0.01%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076485.40   | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Community College District                                         | SAN FRANCISCO CA CMNTY CLG DIST                              | CUSIP: 797683HC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $792909.50    | 0.02%             | 2045-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                               | ASHLAND KY MED CENTER REVENUE                                | CUSIP: 044293BA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1016628.33   | 0.02%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Public Building Authority                                      | MONTGOMERY CNTY TN PUBLIC BLDG AUTH POOLED FING REVENUE      | CUSIP: 613679AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.03%             | 2032-04-01      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE | CUSIP: 842469CM8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    750000 | PA      | $770655.08    | 0.02%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge & Tunnel Enterprise                                              | COLORADO BRIDGE & TUNNEL ENTERPRISE CO                       | CUSIP: 19633TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $809698.35    | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas Community College District                                             | CLACKAMAS OR CMNTY CLG DIST                                  | CUSIP: 179390QF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1621123.50   | 0.04%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH EXEMPT FACS REVENUE         | CUSIP: 61361TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1341171.33   | 0.03%             | 2029-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority  | CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000302.00   | 0.05%             | 2027-12-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                             | ROSEVILLE CA SPL TAX                                         | CUSIP: 7778707B6<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1435287.58   | 0.03%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UFV5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013749.30   | 0.02%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Carroll KY                                                             | CARROLL CNTY KY ENVRNMNTL FACS REVENUE                       | CUSIP: 14483RAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $1777191.51   | 0.04%             | 2034-10-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | AUSTIN TX                                                    | CUSIP: 0523973U8<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2440687.73   | 0.06%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HYK5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500019.60    | 0.01%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063EAW6<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076216.70   | 0.03%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAP2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4991985.00   | 0.12%             | 2054-03-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Iowa Tobacco Settlement Authority                                                | TOBACCO SETTLEMENT AUTH IA TOBACCO SETTLEMENT REVENUE        | CUSIP: 888805CC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973747.70    | 0.02%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village at Dry Creek Metropolitan District No 2/The                              | VLG AT DRY CREEK MET DIST NO 2                               | CUSIP: 92705AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $638107.13    | 0.02%             | 2044-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349FZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1386573.62   | 0.03%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                              | GLENDALE CA CMNTY CLG DIST                                   | CUSIP: 378394HL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $402236.65    | 0.01%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080WP2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    635000 | PA      | $632347.67    | 0.02%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Industrial Development Authority/PA                          | WESTMORELAND CNTY PA INDL DEV AUTH HLTH SYS REVENUE          | CUSIP: 960875AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501380.60    | 0.01%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SCH FAC REVENUE                  | CUSIP: 13051BAE6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    265000 | PA      | $272598.98    | 0.01%             | 2030-05-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KGF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2362982.36   | 0.06%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                               | WISCONSIN ST HSG & ECON DEV AUTH MF HSG                      | CUSIP: 97689RFG4<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |    245000 | PA      | $248730.47    | 0.01%             | 2058-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J84<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    935000 | PA      | $741462.95    | 0.02%             | 2032-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 23503CFT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7785182.30   | 0.19%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525F52<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2460350.55   | 0.06%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 478                                  | HARRIS CNTY TX MUNI UTILITY DIST #478 CONTRACT REVENUE       | CUSIP: 41431KBP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1063725.69   | 0.03%             | 2038-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145WK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4755000 | PA      | $5014398.56   | 0.12%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Whittier Union High School District                                              | WHITTIER CA UNION HIGH SCH DIST                              | CUSIP: 966782SQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $603719.70    | 0.01%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883VU3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510733.00    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp                                                           | LOUISIANA ST HSG CORP MF HSG REVENUE                         | CUSIP: 54627CCB7<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |    800000 | PA      | $824993.28    | 0.02%             | 2028-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                             | HENDERSON KY EXEMPT FACS REVENUE                             | CUSIP: 425099AC2<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   3490000 | PA      | $3512555.87   | 0.09%             | 2032-01-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647CZ2<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1030987.06   | 0.03%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063EMY9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2735000 | PA      | $3007244.09   | 0.07%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1408076.41   | 0.03%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758P23<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1336899.76   | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP POLL CONTROL REVENUE               | CUSIP: 57421HAB9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    770000 | PA      | $795451.27    | 0.02%             | 2048-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BAJ7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1192532.46   | 0.03%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | GEORGIA ST                                                   | CUSIP: 373385KK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $755755.26    | 0.02%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LT Ranch Community Development District                                          | LT RANCH CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 54912EAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1657747.20   | 0.04%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                          | WASHINGTON SUBURBAN SAN DIST MD                              | CUSIP: 940158JM1<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9934171.20   | 0.24%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FWH4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $805526.93    | 0.02%             | 2042-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD                                  | CUSIP: 64763HMF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1249741.12   | 0.03%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MZM6<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1516921.28   | 0.04%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA                                                          | SACRAMENTO CNTY CA SPL TAX                                   | CUSIP: 786153NU6<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004988.80   | 0.05%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Miami Community Redevelopment Agency                                       | NORTH MIAMI FL CMNTY REDEV AGY REDEV REVENUE                 | CUSIP: 661056AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1167915.06   | 0.03%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sacramento CA                                                            | SACRAMENTO CA SPL TAX                                        | CUSIP: 786071KE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001759.40   | 0.02%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REAL ESTATE TRANSFER TAX  | CUSIP: 896032AM1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1148514.10   | 0.03%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647JU6<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1080000.00   | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QLY6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $977045.29    | 0.02%             | 2029-07-01      | Floating      | 3.57%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YDQ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    600000 | PA      | $556214.46    | 0.01%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JDQ3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    400000 | PA      | $343291.20    | 0.01%             | 2031-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | UNIV OF HOUSTON TX UNIV REVENUES                             | CUSIP: 914302GG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4030000 | PA      | $3790130.37   | 0.09%             | 2036-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $764346.83    | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sublette WY                                                            | SUBLETTE CNTY WY POLL CONTROLREVENUE                         | CUSIP: 864283AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18905000 | PA      | $18905000.00  | 0.46%             | 2044-10-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Rancho Del Cielo Municipal Utility District                                      | RANCHO DEL CIELO MUNI UTILITY DIST TX                        | CUSIP: 75212ABD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $303789.96    | 0.01%             | 2053-08-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                                   | MARYLAND ST DEPT OF TRANSPRTN CONSOL TRANSPRTN               | CUSIP: 574204S20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $636966.44    | 0.02%             | 2034-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261ATD9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2702063.26   | 0.07%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hobe-St Lucie Conservancy District                                               | HOBE ST LUCIE CONSERVANCY DIST FL                            | CUSIP: 434043AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $615216.48    | 0.01%             | 2031-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/RI                                             | TOBACCO SETTLEMENT FING CORP RI                              | CUSIP: 888809AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502355.35    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mohegan Tribe of Indians of Connecticut/The                                      | MOHEGAN TRIBE INDIANS CT GAMING AUTH                         | CUSIP: 608333AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    304314 | PA      | $306742.31    | 0.01%             | 2045-02-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Prattville Industrial Development Board                                          | PRATTVILLE AL INDL DEV BRD POLL CONTROL REVENUE              | CUSIP: 740039AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1320035.38   | 0.03%             | 2028-09-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                         | MONTANA ST BRD OF HSG MFH REVENUE                            | CUSIP: 61212VAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    382000 | PA      | $397447.97    | 0.01%             | 2028-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628CN32<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    400000 | PA      | $417386.04    | 0.01%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 7962536L1<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540825.65   | 0.04%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH MF HSG REVENUE                      | CUSIP: 04062PCE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3885000 | PA      | $3982687.16   | 0.10%             | 2058-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EAS5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    680000 | PA      | $715172.32    | 0.02%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tejon Ranch Public Facilities Finance Authority                                  | TEJON RANCH CA PUBLIC FACS FIN AUTH SPL TAX REVENUE          | CUSIP: 879083FN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $870226.71    | 0.02%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT SPL ASSMNT   | CUSIP: 59561TAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $773597.36    | 0.02%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532JC9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    640000 | PA      | $725020.29    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Municipal Utility District No 170                              | MONTGOMERY CNTY TX MUNI UTIL DIST NO 170 CONTRACT REV        | CUSIP: 61374FBP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1055558.41   | 0.03%             | 2036-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LMW1<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1517312.34   | 0.04%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647NY3<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083182.40   | 0.03%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J35<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1748796.40   | 0.04%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 216                               | FORT BEND CNTY TX MUNI UTILITY DIST #216                     | CUSIP: 34683SAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $999094.42    | 0.02%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1308198.13   | 0.03%             | 2053-09-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4045000 | PA      | $4341181.37   | 0.11%             | 2053-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YDR9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894217.90    | 0.02%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mabank Independent School District                                               | MABANK TX INDEP SCH DIST                                     | CUSIP: 554086PA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $446916.00    | 0.01%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sacramento CA                                                            | SACRAMENTO CA SPL TAX                                        | CUSIP: 786071KH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2252925.68   | 0.05%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974A8Y3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1970000 | PA      | $1769249.91   | 0.04%             | 2029-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Fontana CA                                                               | FONTANA CA SPL TAX                                           | CUSIP: 344630L97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531701.60    | 0.01%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tomball Business Improvement District No 1                                       | TOMBALL BUSINESS IMPT DIST NO 1 TX                           | CUSIP: 88984NAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1188771.51   | 0.03%             | 2038-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091915.20   | 0.03%             | 2054-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Lawrenceville Housing Authority                                                  | LAWRENCEVILLE GA HSG AUTH                                    | CUSIP: 520628AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    312000 | PA      | $325207.33    | 0.01%             | 2028-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X4U9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2772322.48   | 0.07%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525R83<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $566702.40    | 0.01%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Miami Community Redevelopment Agency                                       | NORTH MIAMI FL CMNTY REDEV AGY REDEV REVENUE                 | CUSIP: 661056AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1872935.91   | 0.05%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp                                                           | LOUISIANA ST HSG CORP MF HSG REVENUE                         | CUSIP: 54627CBS1<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007785.20   | 0.02%             | 2043-01-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | UNIV OF COLORADO CO ENTERPRISE SYS REVENUE                   | CUSIP: 91417NJJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316193.97    | 0.01%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036BY1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1024883.77   | 0.02%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2927482.53   | 0.07%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | SAN ANTONIO TX WTR REVENUE                                   | CUSIP: 79642GQG0<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075384.50   | 0.03%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3497397 | PA      | $3302728.51   | 0.08%             | 2041-11-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2173407.05   | 0.05%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                     | WEST VIRGINIA ST ECON DEV AUTH SOL WST DISP FACS             | CUSIP: 95648VBP3<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    400000 | PA      | $402003.40    | 0.01%             | 2036-04-01      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH TRIANGLE EXPRESSWAY APPROP   | CUSIP: 65830VAL4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    560000 | PA      | $247684.70    | 0.01%             | 2043-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QKW1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    190000 | PA      | $130625.00    | 0.00%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Turnpike Authority                                                         | MAINE ST TURNPIKE AUTH                                       | CUSIP: 560551QX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $861867.80    | 0.02%             | 2040-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794ZS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526316.95    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue               | SAN FRANCISCO CA CITY & CNTY PUB UTILS COMMN WTR REVENUE     | CUSIP: 79771FMC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $659183.66    | 0.02%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH MF REVENUE                          | CUSIP: 594650UR2<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3432543.08   | 0.08%             | 2027-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tolomato Community Development District                                          | TOLOMATO FL CDD                                              | CUSIP: 889560EL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1415639.70   | 0.03%             | 2032-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND EXEMPT FACS REVENUE               | CUSIP: 59468PAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007840.00   | 0.02%             | 2027-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Port of Seattle Industrial Development Corp                                      | PORT SEATTLE WA INDL DEV CORP                                | CUSIP: 735385AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500082.85    | 0.01%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775HSH7<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1724059.53   | 0.04%             | 2051-11-15      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1904707.60   | 0.05%             | 2044-05-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | DALLAS TX WTRWKS & SWR SYS REVENUE                           | CUSIP: 2354166U3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500204.35    | 0.01%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                         | WEST VIRGINIA ST HOSP FIN AUTH                               | CUSIP: 956622W83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $976915.80    | 0.02%             | 2048-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP REVENUE                              | CUSIP: 34074MH46<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1389528.30   | 0.03%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                            | MISSISSIPPI ST HOSP EQUIPMENT & FACS AUTH                    | CUSIP: 605360SD9<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |   5135000 | PA      | $5058240.48   | 0.12%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mohegan Tribe of Indians of Connecticut/The                                      | MOHEGAN TRIBE INDIANS CT GAMING AUTH                         | CUSIP: 608333AR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004648.60   | 0.02%             | 2030-02-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTR7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115031.97    | 0.00%             | 2029-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445LM9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |    495000 | PA      | $502157.70    | 0.01%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | OREGON ST HSG & CMNTY SVCS DEPT MTGE REVENUE                 | CUSIP: 6860875V5<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2841107.70   | 0.07%             | 2054-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Brighton Crossing Metropolitan District No 6                                     | BRIGHTON CROSSING MET DIST #6 CO                             | CUSIP: 10933PAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $534136.92    | 0.01%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CFY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001846.60   | 0.05%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EU20<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1223180.26   | 0.03%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2637723.12   | 0.06%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Mountain Shadows Metropolitan District/Jefferson County                          | MOUNTAIN SHADOWS CO MET DIST                                 | CUSIP: 62426NAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    733000 | PA      | $733602.38    | 0.02%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609UPN9<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2209811.40   | 0.05%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA ST LOCAL GOVT FIN COMMISSION EDUCTNL FACS REVENUE    | CUSIP: 34077EAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3363056.40   | 0.08%             | 2040-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Medina Valley Independent School District                                        | MEDINA VLY TX INDEP SCH DIST                                 | CUSIP: 584887UP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1690687.90   | 0.04%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YZN2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1416031.62   | 0.03%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Airport Passenger Facility Charge                             | ATLANTA GA ARPT PASSENGER FAC CHARGE REVENUE                 | CUSIP: 04780TDE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3135852.00   | 0.08%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                              | NORTH CAROLINA ST EDU ASSISTANCE AUTH                        | CUSIP: 658262HC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6690000 | PA      | $6914028.03   | 0.17%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                               | FORNEY TX INDEP SCH DIST                                     | CUSIP: 346425ME8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $555641.90    | 0.01%             | 2041-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma City Water Utilities Trust                                              | OKLAHOMA CITY OK WTR UTILITIES TRUST WTR & SWR REVENUE       | CUSIP: 678657MZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021981.00   | 0.05%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EYW0<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5604438.49   | 0.14%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Inlivian                                                                         | INLIVIAN NC MF REVENUE                                       | CUSIP: 45753CAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $439537.05    | 0.01%             | 2043-11-10      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MDC2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5333804.64   | 0.13%             | 2051-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HRQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1471805.25   | 0.04%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 8828543X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1045941.34   | 0.03%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Water Light & Sinking Fund Commissioners of The City of Dalton/The      | DALTON GA UTILITIES REVENUE                                  | CUSIP: 235586CV4<br>LEI: 549300F2NIJXYBEBL710 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083740.10   | 0.03%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486M48<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    500000 | PA      | $480496.60    | 0.01%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968MVW6<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    500000 | PA      | $417795.35    | 0.01%             | 2035-09-01      | Fixed         | 2.35%                 | No            |                  2 | On Loan: No      |
| Brazoria County Industrial Development Corp                                      | BRAZORIA CNTY TX INDL DEV CORP SOLID WST DISP FACS REVENUE   | CUSIP: 10604PAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $143750.00    | 0.00%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Housing Finance Authority                                          | NEW HAMPSHIRE ST HSG FIN AUTH SF REVENUE                     | CUSIP: 64469D6T3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3340000 | PA      | $3748257.22   | 0.09%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                     | SOUTH CAROLINA ST HSG FIN & DEV AUTH MTGE REVENUE            | CUSIP: 83712D7Q3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4320000 | PA      | $4937407.49   | 0.12%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                  | CUSIP: 20774YXA0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1140351.80   | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                                                  | ONONDAGA NY CIVIC DEV CORP                                   | CUSIP: 682832LH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1448928.18   | 0.04%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392274Z25<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5324253.00   | 0.13%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349FS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1074259.80   | 0.03%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SNB5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1409681.26   | 0.03%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                              | NORTH CAROLINA ST EDU ASSISTANCE AUTH                        | CUSIP: 658262GW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $844229.32    | 0.02%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA Inc                                                                         | PEFA INC IA GAS PROJ REVENUE                                 | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526497.05   | 0.04%             | 2049-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| University System of Maryland                                                    | UNIV SYS OF MD AUXILIARY FAC & TUITION REVENUE               | CUSIP: 91440AAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5024098.00   | 0.12%             | 2040-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978TB99<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201098.96    | 0.00%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032BZ3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10640741.00  | 0.26%             | 2046-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Sullivan NY                                                            | SULLIVAN CNTY NY INFRASTRUCTURE LOCAL DEV CORP REVENUE       | CUSIP: 865273AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $880851.34    | 0.02%             | 2031-11-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Clarksville Public Building Authority                                            | CLARKSVILLE TN PUBLIC BLDG AUTH REVENUE                      | CUSIP: 182564AW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1010000.00   | 0.02%             | 2033-01-01      | Floating      | 3.58%                 | No            |                  2 | On Loan: No      |
| Isle Wight County Industrial Development Authority                               | ISLE OF WIGHT CNTY VA ECON DEV AUTH                          | CUSIP: 464637AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1406829.68   | 0.03%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wise County Industrial Development Authority                                     | WISE CNTY VA INDL DEV AUTH SOL WST & SEWAGE DISP REVENUE     | CUSIP: 977228AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4407284.88   | 0.11%             | 2040-10-01      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  10940000 | PA      | $11834269.51  | 0.29%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | Territory of Guam                                            | CUSIP: 40065NCM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2381019.75   | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH MF REVENUE                          | CUSIP: 594650US0<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1469438.40   | 0.04%             | 2028-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  28442293 | PA      | $19234100.36  | 0.47%             | 2051-11-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore MD                                                           | BALTIMORE CNTY MD REVENUE                                    | CUSIP: 059151CW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511366.10    | 0.01%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp                                                  | VERMONT ST STUDENT ASSISTANCECORP EDU LOAN REVENUE           | CUSIP: 92428CNC4<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    395000 | PA      | $375805.33    | 0.01%             | 2041-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JGV9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    655000 | PA      | $665219.31    | 0.02%             | 2054-08-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Hospital District                                                  | HARRIS CNTY TX HOSP DIST CTFS OF OBLIG                       | CUSIP: 41415UBS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2207208.80   | 0.05%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Branch Independent School District                                        | SPRING BRANCH TX INDEP SCH DIST                              | CUSIP: 849476XL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1864071.74   | 0.05%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Convention & Visitors Authority                                        | LAS VEGAS NV CONVENTION & VISITORS AUTH CONVENTION CTR EXPAN | CUSIP: 51771FBZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $383256.16    | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 12                                     | VLG FL CDD #12 SPL ASSMNT REVENUE                            | CUSIP: 92708FAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4605000 | PA      | $4288169.09   | 0.10%             | 2043-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $227279.54    | 0.01%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437MA0<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   3320000 | PA      | $3731567.45   | 0.09%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NGX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $774039.20    | 0.02%             | 2044-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Strategic Housing Finance Corp of Travis County                                  | STRATEGIC HSG FIN CORP TX TRAVIS CNTY MF HSG REVENUE         | CUSIP: 86272DAM3<br>LEI: 5493003J2Q532N65DZ74 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4005736.40   | 0.10%             | 2041-09-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845UL2<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   3045000 | PA      | $2977362.63   | 0.07%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TK93<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993617.10    | 0.02%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                   | CUSIP: 29270C5K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4868262.08   | 0.12%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972F2H8<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  20190000 | PA      | $20190000.00  | 0.49%             | 2044-06-15      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                         | CUSIP: 67756CDK1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    420000 | PA      | $423842.50    | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broward County Housing Finance Authority                                         | BROWARD CNTY FL HSG FIN AUTH MF HSG REVENUE                  | CUSIP: 115027RE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $867182.83    | 0.02%             | 2028-03-01      | Floating      | 3.15%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSV9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515812.55    | 0.01%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HOSP FACS REVENUE                           | CUSIP: 353187DG9<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |    540000 | PA      | $604957.41    | 0.01%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HLTH CARE FACS REVENUE                      | CUSIP: 353180MF6<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1953099.20   | 0.05%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT SPL ASSMNT   | CUSIP: 59561TAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $959208.64    | 0.02%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505SV9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1267057.63   | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | UNIV OF TEXAS TX PERMANENT UNIV FND                          | CUSIP: 915130AU2<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1388569.80   | 0.03%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AUA8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    385000 | PA      | $384967.85    | 0.01%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 196480WF0<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   3650000 | PA      | $3601544.06   | 0.09%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                     | OREGON ST DEPT OF TRANSPRTN HIGHWAY USER TAX REVENUE         | CUSIP: 68607DWY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1947971.37   | 0.05%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Griffin Housing Authority                                                        | GRIFFIN GA HSG AUTH MF HSG REVENUE                           | CUSIP: 398194AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8550000 | PA      | $8908200.54   | 0.22%             | 2028-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FYE8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1048254.48   | 0.03%             | 2037-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JQC5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1160143.20   | 0.03%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145SR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $112382.58    | 0.00%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775CN34<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    210000 | PA      | $211705.77    | 0.01%             | 2042-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                   | CUSIP: 29270C6K6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $849724.43    | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582077Q2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1786345.77   | 0.04%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1860050 | PA      | $1817630.34   | 0.04%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Steel Point Infrastructure Improvement District                                  | STEEL POINT INFRASTRUCTURE IMPT DIST CT SPL OBLIG REVENUE    | CUSIP: 85814YAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $407289.24    | 0.01%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QZ71<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   6485000 | PA      | $7355053.54   | 0.18%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Homewood Educational Building Authority                                          | HOMEWOOD AL EDUCTNL BLDG AUTH REVENUE                        | CUSIP: 437887HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2542652.25   | 0.06%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                        | N TEXAS ST MUNI WTR DIST WTR SYS REVENUE                     | CUSIP: 662903A60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $386848.64    | 0.01%             | 2036-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                | CUSIP: 180848XB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $544296.70    | 0.01%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 816                         | LAS VEGAS NV SPL IMPT DIST #816                              | CUSIP: 51779AAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $331923.32    | 0.01%             | 2046-06-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QVX7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4080000 | PA      | $2805000.00   | 0.07%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Broward County Housing Finance Authority                                         | BROWARD CNTY FL HSG FIN AUTH MF HSG REVENUE                  | CUSIP: 115027RA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $482054.88    | 0.01%             | 2056-09-01      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP SOL WST DISP REVENUE                | CUSIP: 605155BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2690000 | PA      | $2787885.07   | 0.07%             | 2064-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT &SWR AUTH REVENUE                | CUSIP: 745160TH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2254294.00   | 0.05%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2117911.72   | 0.05%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EJF4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1447205.92   | 0.04%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | ILLINOIS ST SALES TAX REVENUE                                | CUSIP: 452227RS2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $479635.40    | 0.01%             | 2032-06-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FJG1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2206332.60   | 0.05%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No 1                                              | BASELINE MET DIST #1 CO SPL REVENUE                          | CUSIP: 069826AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $918696.31    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Purdue University                                                                | PURDUE UNIV IN UNIV REVENUES                                 | CUSIP: 746189G60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3825000 | PA      | $4321141.90   | 0.11%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 64461XJD8<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1844025.83   | 0.04%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Little Elm Independent School District                                           | LITTLE ELM TX INDEP SCH DIST                                 | CUSIP: 5370967R4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1852308.11   | 0.05%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                          | OMAHA NE ARPT AUTH                                           | CUSIP: 681725MZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1375584.63   | 0.03%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma City Water Utilities Trust                                              | OKLAHOMA CITY OK WTR UTILITIES TRUST WTR & SWR REVENUE       | CUSIP: 678657MY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021981.00   | 0.05%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TAW7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4857430.75   | 0.12%             | 2052-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Johnson City Health & Educational Facilities Board                               | JOHNSON CITY TN HLTH & EDUCTNL FACS BRD HOSP REVENUE         | CUSIP: 478271KP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11120494.00  | 0.27%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJM1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3670000 | PA      | $4115636.72   | 0.10%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QXG6<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   7665000 | PA      | $8569621.77   | 0.21%             | 2055-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                       | AUSTIN TX ELEC UTILITY SYS REVENUE                           | CUSIP: 052414PN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001985.10   | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250FS8<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    540000 | PA      | $586086.62    | 0.01%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Socorro Independent School District                                              | SOCORRO TX INDEP SCH DIST                                    | CUSIP: 833715DF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3755000 | PA      | $3919316.17   | 0.10%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HKH4<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1410272.13   | 0.03%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazoria County Industrial Development Corp                                      | BRAZORIA CNTY TX INDL DEV CORP SOLID WST DISP FACS REVENUE   | CUSIP: 10604PAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     26246 | PA      | $6036.65      | 0.00%             | 2042-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - Texas A&M University System                          | TEXAS ST A & M UNIV PERM UNIV FUND                           | CUSIP: 8821177G3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4071965.20   | 0.10%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                                | VENICE FL                                                    | CUSIP: 922687AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $496650.23    | 0.01%             | 2030-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225QN9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2175782.00   | 0.05%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $639726.98    | 0.02%             | 2049-04-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637B7E4<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    920000 | PA      | $1034373.57   | 0.03%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Drainage & Wastewater Revenue                                 | SEATTLE WA DRAIN & WSTWTR REVENUE                            | CUSIP: 812631TJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1168174.35   | 0.03%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048VLB2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200239.76   | 0.03%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11395000 | PA      | $10932326.54  | 0.27%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH EDUCTNL REVENUE                  | CUSIP: 13049AAF0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180946.91    | 0.00%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI PROJ REVENUE                              | CUSIP: 74444UAL6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    705000 | PA      | $768939.55    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204E7K8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    335000 | PA      | $341895.64    | 0.01%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greater Texoma Utility Authority                                                 | GTR TEXOMA TX UTILITY AUTH CONTRACT REVENUE                  | CUSIP: 39239MFN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086952.70   | 0.03%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    750000 | PA      | $800137.80    | 0.02%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                              | PROSPER TX INDEP SCH DIST                                    | CUSIP: 7436004T2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1128641.70   | 0.03%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2070219.40   | 0.05%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609UEP6<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    240000 | PA      | $258442.80    | 0.01%             | 2053-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974FBQ5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  11380000 | PA      | $12985070.48  | 0.32%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH HOSP REVENUE                          | CUSIP: 48542AFH9<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533349.50    | 0.01%             | 2054-11-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST                                                      | CUSIP: 677523KN1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1575609.20   | 0.04%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974FBW2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10775922.00  | 0.26%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA JOBS-ECON DEV AUTH                            | CUSIP: 83704EAE4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500604.25   | 0.06%             | 2029-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | DELAWARE ST                                                  | CUSIP: 246381QZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $827256.20    | 0.02%             | 2036-02-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QYP9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3065000 | PA      | $3458579.72   | 0.08%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Turnpike Authority                                                      | KENTUCKY ST TURNPIKE AUTH ECON DEV ROAD REVENUE              | CUSIP: 491552W68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4477171.07   | 0.11%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DQF6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011991.60   | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | MET TRANSPRTN AUTH NY DEDICATED TAX FUND                     | CUSIP: 59260XCJ5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    910000 | PA      | $986786.26    | 0.02%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GWQ3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1688213.19   | 0.04%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Buda TX                                                                  | BUDA TX SPL ASSMNT REVENUE                                   | CUSIP: 118829AB6<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |    240000 | PA      | $235962.46    | 0.01%             | 2045-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4924278.50   | 0.12%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1415433.00   | 0.03%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EZ58<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2421298.98   | 0.06%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Buda TX                                                                  | BUDA TX SPL ASSMNT REVENUE                                   | CUSIP: 118829AD2<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |    241000 | PA      | $243136.08    | 0.01%             | 2033-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    850000 | PA      | $914899.37    | 0.02%             | 2054-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399UV6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3564426.95   | 0.09%             | 2040-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE          | CUSIP: 645424BC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1508177.35   | 0.04%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona State University                                                         | ARIZONA ST UNIV                                              | CUSIP: 0406636K7<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1259595.12   | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5682000 | PA      | $5442829.85   | 0.13%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498MZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2327340.88   | 0.06%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TGL1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1326724.55   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Two Lakes Community Development District                                         | TWO LAKES CDD FL SPL ASSMNT                                  | CUSIP: 90207EAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252959.98    | 0.01%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PK61<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014121.30   | 0.02%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                            | MISSISSIPPI ST HOSP EQUIPMENT & FACS AUTH                    | CUSIP: 605360SB3<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1263260.41   | 0.03%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                         | CUSIP: 67756CGB8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3562843.06   | 0.09%             | 2054-08-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                            | CUSIP: 96634RAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11146282.40  | 0.27%             | 2044-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 60635HU56<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1394501.27   | 0.03%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                             | CUSIP: 31222PAK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $832963.05    | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XN1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1116437.84   | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | CUSIP: 59561UAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $1942399.68   | 0.05%             | 2039-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514TB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2809118.20   | 0.07%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust/The                                              | MASSACHUSETTS ST CLEAN WTR TRUST                             | CUSIP: 575829MN3<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1090238.10   | 0.03%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 517845TG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7452645.20   | 0.18%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XCQ3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999324.40    | 0.02%             | 2028-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp                                                           | LOUISIANA ST HSG CORP SF MTGE REVENUE                        | CUSIP: 54627DUP4<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1573602.52   | 0.04%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA FL ELEC SYS REVENUE                                      | CUSIP: 46613SSB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1434006.56   | 0.03%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Loan Council                                                   | FLORIDA ST MUNI LOAN COUNCIL CAPITAL IMPT REVENUE            | CUSIP: 34281UAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $141108.52    | 0.00%             | 2044-05-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392275AV5<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1460458.89   | 0.04%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                         | MONTANA ST BRD OF HSG SF MTGE                                | CUSIP: 61212WPF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1439385.67   | 0.03%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST                                                      | CUSIP: 677523LL4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1172540.90   | 0.03%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BKJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $139484.84    | 0.00%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532EY6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $511396.00    | 0.01%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AJY9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200120.24   | 0.03%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | FLORIDA ST TURNPIKE AUTH TURNPIKE REVENUE                    | CUSIP: 343137SZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $843514.32    | 0.02%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116EN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542933.00    | 0.01%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SAS5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1073393.97   | 0.03%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SPK6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5323934.50   | 0.13%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mabank Independent School District                                               | MABANK TX INDEP SCH DIST                                     | CUSIP: 554086PB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $855864.23    | 0.02%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JQQ4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3436763.40   | 0.08%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH HLTHCARE FACS REVENUE               | CUSIP: 71884SAC4<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8000000.00   | 0.19%             | 2052-11-15      | Floating      | 2.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442ELZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3045000 | PA      | $2599705.59   | 0.06%             | 2049-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California State University                                                      | CALIFORNIA ST UNIV REVENUE                                   | CUSIP: 13077DWC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3792741.05   | 0.09%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1085854.30   | 0.03%             | 2035-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE               | CUSIP: 64987JZ20<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1301615.63   | 0.03%             | 2044-11-01      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                            | CUSIP: 96634RAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2933822.38   | 0.07%             | 2045-11-01      | Floating      | 4.40%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE | CUSIP: 60528ACJ1<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2610000.00   | 0.06%             | 2035-11-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Inglewood Unified School District                                                | INGLEWOOD CA UNIF SCH DIST                                   | CUSIP: 457110PG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $361361.38    | 0.01%             | 2042-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GYU2<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1890000 | PA      | $2148634.97   | 0.05%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                            | NORTHSIDE TX INDEP SCH DIST                                  | CUSIP: 66702RQ70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1560115.47   | 0.04%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Transit Authority                                                           | UTAH ST TRANSIT AUTH SALES TAX REVENUE                       | CUSIP: 917567JT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17710000 | PA      | $18967339.16  | 0.46%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Love Field Airport Modernization Corp                                            | LOVE FIELD TX ARPT MODERNIZATION CORP SPL FACS REVENUE       | CUSIP: 54714FAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1110477.30   | 0.03%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waco Educational Finance Corp                                                    | WACO TX EDUCTNL FIN CORP REVENUE                             | CUSIP: 929833CS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $495448.35    | 0.01%             | 2040-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1537339.50   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532DV3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    690000 | PA      | $745915.05    | 0.02%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | UNIV OF HOUSTON TX UNIV REVENUES                             | CUSIP: 914302ER1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1604518.45   | 0.04%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REVENUE             | CUSIP: 65820BBF2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2792669.47   | 0.07%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | DALLAS TX AREA RAPID TRANSIT SALES TAX REVENUE               | CUSIP: 235241RV0<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003848.80   | 0.02%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Athens Housing Authority                                                         | ATHENS GA HSG AUTH REVENUE                                   | CUSIP: 047093HW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1373393.86   | 0.03%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389Z92<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5150000 | PA      | $5455733.36   | 0.13%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN Memphis Light Gas & Water Division Electric System Revenue    | MEMPHIS TN ELEC SYS REVENUE                                  | CUSIP: 586158SB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $452423.40    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                             | CUSIP: 04052ABH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    984804 | PA      | $973541.02    | 0.02%             | 2033-05-20      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WB9<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3000596.88   | 0.07%             | 2029-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756QYS0<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2224058.29   | 0.05%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                  | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE   | CUSIP: 345105HF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3246604.50   | 0.08%             | 2028-01-15      | Floating      | 6.13%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032316.10   | 0.03%             | 2040-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BFF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6769306.20   | 0.16%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NCN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071845.60   | 0.03%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YQH2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    800000 | PA      | $808612.24    | 0.02%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE | CUSIP: 60528AAU8<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   6785000 | PA      | $6785000.00   | 0.16%             | 2030-12-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1220578.61   | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CEP9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5180000 | PA      | $5754707.53   | 0.14%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3165000 | PA      | $3381729.07   | 0.08%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736X28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5191416.23   | 0.13%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJX7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1696844.21   | 0.04%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5595000 | PA      | $5693714.26   | 0.14%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | ORLANDO FL UTILITIES COMMISSION UTILITY SYS REVENUE          | CUSIP: 686507ME1<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1800304.66   | 0.04%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Caldwell County Municipal Utility District No 2                                  | CALDWELL CNTY TX MUNI UTILITY DIST #2                        | CUSIP: 12900ABR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $932386.84    | 0.02%             | 2041-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261APY7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3527326.81   | 0.09%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albemarle County Economic Development Authority                                  | ALBEMARLE CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE        | CUSIP: 01266TAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1246191.51   | 0.03%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QA69<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    465000 | PA      | $319687.50    | 0.01%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Two Lakes Community Development District                                         | TWO LAKES CDD FL SPL ASSMNT                                  | CUSIP: 90207EAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $739774.04    | 0.02%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 644614RZ4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1465000.00   | 0.04%             | 2041-06-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FEH4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021353.20   | 0.05%             | 2050-05-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3072731.83   | 0.07%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371515K1<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    940000 | PA      | $1012451.25   | 0.02%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TN                                                          | WILLIAMSON CNTY TN                                           | CUSIP: 969872RF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $237944.03    | 0.01%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968MSJ9<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1349986.75   | 0.03%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tomball Business Improvement District No 1                                       | TOMBALL BUSINESS IMPT DIST NO 1 TX                           | CUSIP: 88984NAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1300211.61   | 0.03%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Elbert & Highway 86 Commercial Metropolitan District                             | ELBERT & HIGHWAY 86 CO COMMERCIAL SPL REVENUE & TAX SUPPORTE | CUSIP: 28421SAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $565300.92    | 0.01%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $457140.81    | 0.01%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Cornwall Township Municipal Authority                                       | W CORNWALL TWP PA MUNI AUTH                                  | CUSIP: 95235TAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $348379.58    | 0.01%             | 2036-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2309277.59   | 0.06%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KCN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $837734.52    | 0.02%             | 2039-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | TEXAS ST UNIV SYS FING REVENUE                               | CUSIP: 88278PA38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531431.20    | 0.01%             | 2033-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                | CUSIP: 790103AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1574848.95   | 0.04%             | 2041-08-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| City of Sacramento CA                                                            | SACRAMENTO CA SPL TAX                                        | CUSIP: 786071SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1158617.08   | 0.03%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crowley Independent School District                                              | CROWLEY TX INDEP SCH DIST                                    | CUSIP: 228130GE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1126387.42   | 0.03%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE             | CUSIP: 576000G23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2300974.80   | 0.06%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333P7J1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11124304.00  | 0.27%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974E4W3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5320000 | PA      | $6061255.28   | 0.15%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001104.00   | 0.02%             | 2049-11-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                        | OHIO ST UNIV                                                 | CUSIP: 677632Q79<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1507784.13   | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YGD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2589522.00   | 0.06%             | 2064-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Cass County Joint Water Resource District                                        | CASS CNTY ND JT WTR RESOURCE DIST                            | CUSIP: 14805PBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300204.96    | 0.01%             | 2027-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE      | CUSIP: 64972LBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3587239.38   | 0.09%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                     | WEST VIRGINIA ST ECON DEV AUTH SOL WST DISP FACS             | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517180.70   | 0.04%             | 2055-04-15      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                  | BALDWIN CNTY AL INDL DEV AUTH SOL WST DISP REVENUE           | CUSIP: 05786PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3110000 | PA      | $3119326.89   | 0.08%             | 2055-06-01      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145UC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067496.20   | 0.03%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP REVENUE                              | CUSIP: 34074M4Y4<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1267552.90   | 0.03%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Nine Mile Metropolitan District                                                  | NINE MILE MET DIST CO                                        | CUSIP: 65442PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001963.60   | 0.02%             | 2040-12-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532JG0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1919107.68   | 0.05%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JNC8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2620047.23   | 0.06%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7345000 | PA      | $8014908.07   | 0.19%             | 2055-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPECIALTY PHARMECY LTD OBLIG            | CUSIP: 63610JAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1241959.97   | 0.03%             | 2033-12-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444456D6<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2731831.00   | 0.07%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063D3X4<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2852047.25   | 0.07%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YBT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2690802.05   | 0.07%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    995000 | PA      | $717327.34    | 0.02%             | 2046-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EMH3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    905000 | PA      | $979878.43    | 0.02%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | ILLINOIS ST SALES TAX REVENUE                                | CUSIP: 452227UL3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5130000 | PA      | $5750282.66   | 0.14%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                             | CHARLOTTE NC ARPT REVENUE                                    | CUSIP: 161036QM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $534109.90    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riceland Municipal Utility District No 1                                         | RICELAND MUNI UTILITY DIST #1 TX                             | CUSIP: 762833AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967460.10    | 0.02%             | 2039-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FAY0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500784.55    | 0.01%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944376.40    | 0.02%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 578                                  | HARRIS CNTY TX MUNI UTILITY DIST #578                        | CUSIP: 41431EAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1016189.71   | 0.02%             | 2041-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT FAC REVENUE                        | CUSIP: 74444VAZ3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $895943.40    | 0.02%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QLZ7<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2438232.35   | 0.06%             | 2050-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | GAINESVILLE FL UTILITIES SYS REVENUE                         | CUSIP: 362848US0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6045000 | PA      | $6045000.00   | 0.15%             | 2047-10-01      | Floating      | 3.58%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250EB6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   4125000 | PA      | $4177899.00   | 0.10%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Little Elm Independent School District                                           | LITTLE ELM TX INDEP SCH DIST                                 | CUSIP: 5370967B9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3142969.50   | 0.08%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH ECON DEV REVENUE                         | CUSIP: 45505RBN4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $10995252.40  | 0.27%             | 2028-05-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1574431.50   | 0.04%             | 2040-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461366D8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    520000 | PA      | $547639.92    | 0.01%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlantic Beach FL                                                        | ATLANTIC BEACH FL HLTH CARE FACS REVENUE                     | CUSIP: 048251BW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $474415.89    | 0.01%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $912855.64    | 0.02%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QJU5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   5415000 | PA      | $5705363.67   | 0.14%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA ST STWD CMNTYS DEVAUTH STUDENT HSG REVENUE        | CUSIP: 13078RHM5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517590.85    | 0.01%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PDB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $763698.28    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                              | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE             | CUSIP: 13057GAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2325881.83   | 0.06%             | 2039-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QKK7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     95000 | PA      | $65075.00     | 0.00%             | 2017-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                            | KENTUCKY ST HSG CORP SF MTGE                                 | CUSIP: 491309LH1<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   3040000 | PA      | $3375508.38   | 0.08%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD STUDENT HSG REVENUE  | CUSIP: 499526BF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2050302.80   | 0.05%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2367342.67   | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654US2<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    940000 | PA      | $1010652.56   | 0.02%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | TEXAS ST                                                     | CUSIP: 882723ZV4<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   5485000 | PA      | $5482065.53   | 0.13%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XLG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $594982.13    | 0.01%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas A&M University                                                             | TEXAS ST A & M UNIV REVENUES                                 | CUSIP: 88213ATV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3239082.90   | 0.08%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 61360PCY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7086459.10   | 0.17%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028A60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15943692.00  | 0.39%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                     | SOUTH CAROLINA ST HSG FIN & DEV AUTH MTGE REVENUE            | CUSIP: 83712D6K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4559018.37   | 0.11%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JPP7<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6286687.20   | 0.15%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | CENTRL PUGET SOUND WA REGL TRANSIT AUTH SALES TAX & MOTOR VE | CUSIP: 155048DW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2620000 | PA      | $2996776.70   | 0.07%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1432392.93   | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                               | DENTON TX INDEP SCH DIST                                     | CUSIP: 249002LZ7<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   2965000 | PA      | $3156783.91   | 0.08%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582076L4<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    540000 | PA      | $588153.47    | 0.01%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525G28<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513504.65    | 0.01%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780MVM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072150.50   | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHSOL WST DISP FAC REVENUE        | CUSIP: 54640TAL3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529430.10    | 0.01%             | 2053-10-01      | Floating      | 6.75%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS RESDL MTG REVENUE       | CUSIP: 882750P55<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5596643.00   | 0.14%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | CYPRESS-FAIRBANKS TX INDEP SCH DIST                          | CUSIP: 232769NY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2940000 | PA      | $3252526.70   | 0.08%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Independence Metropolitan District No 3                                          | INDEPENDENCE MET DIST #3 CO                                  | CUSIP: 453625AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1968068.80   | 0.05%             | 2054-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $686381.44    | 0.02%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Charles City County Economic Development Authority                               | CHARLES CITY VA CNTY ECON DEV AUTH SOL WST DISP REVENUE      | CUSIP: 15976RAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $490747.10    | 0.01%             | 2029-02-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority Inc                                            | BRAZOS TX HGR EDU AUTH STUDENT LOAN PROGRAM REV              | CUSIP: 10623ACS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1180851.98   | 0.03%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | CONROE TX INDEP SCH DIST                                     | CUSIP: 2084183Q4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1817658.97   | 0.04%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645URF3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    375000 | PA      | $369541.69    | 0.01%             | 2044-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 7962536Y3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1256595.65   | 0.03%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kendall County Water Control & Improvement District No 2B                        | KENDALL CNTY TX WC&ID #2B                                    | CUSIP: 48872RAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1034598.03   | 0.03%             | 2040-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QBB8<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1965442.53   | 0.05%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Larkridge Metropolitan District No 2                                             | LARKRIDGE CO MET DIST #2                                     | CUSIP: 51724SAA4<br>LEI: 549300WGG345EZVXJV26 | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1339221.62   | 0.03%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2176328.60   | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SGZ3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1509771.02   | 0.04%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stockton Unified School District                                                 | STOCKTON CA UNIF SCH DIST                                    | CUSIP: 861419RK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $792286.10    | 0.02%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1667913.44   | 0.04%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                      | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 130179VG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $534389.89    | 0.01%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974E5J1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1288863.73   | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EZ66<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    540000 | PA      | $613095.59    | 0.01%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Range Metropolitan District No 2                                           | N RANGE CO MET DIST #2                                       | CUSIP: 66176MAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $624986.31    | 0.02%             | 2037-12-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151PK9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2870000 | PA      | $2911760.51   | 0.07%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404R1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3260000 | PA      | $3623186.17   | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | DALLAS TX AREA RAPID TRANSIT SALES TAX REVENUE               | CUSIP: 235241UJ3<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1163551.07   | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                              | PROSPER TX INDEP SCH DIST                                    | CUSIP: 7436003M8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1259391.91   | 0.03%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SF MTGE REVENUE                      | CUSIP: 45130BCH4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   6635000 | PA      | $7536329.58   | 0.18%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723AK9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2213028.49   | 0.05%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HYL3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500559.65   | 0.04%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BCU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1471566.11   | 0.04%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 658909E77<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1851337.90   | 0.04%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | MINNESOTA ST                                                 | CUSIP: 60412AYS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $168445.12    | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY                                | CUSIP: 65821FHT6<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    395000 | PA      | $397001.90    | 0.01%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                       | CUSIP: 74443DLC3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    140000 | PA      | $137850.43    | 0.00%             | 2044-06-15      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KGD9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3030000 | PA      | $3452299.28   | 0.08%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399CN4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |  10985000 | PA      | $11037541.26  | 0.27%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Affordable Housing Corp                                              | TEXAS ST AFFORDABLE HSG CORP MF HSG REVENUE                  | CUSIP: 88271FFR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3140000 | PA      | $3169498.73   | 0.08%             | 2045-01-01      | Floating      | 3.63%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647ED9<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1910000 | PA      | $1993506.73   | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH SOL WST DISP REVENUE                       | CUSIP: 56042CAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $586416.47    | 0.01%             | 2047-12-01      | Floating      | 4.63%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH RSDL FAC CARE REVENUE   | CUSIP: 928103AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $925067.60    | 0.02%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS REVENUE                   | CUSIP: 56036YDK8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064252.80   | 0.03%             | 2028-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4976717 | PA      | $4923242.39   | 0.12%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203HN65<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001047.20   | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349FJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536660.85    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756UDQ8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5702045.00   | 0.14%             | 2056-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Upper East Fork Wastewater Interceptor Sys  | N TEXAS ST MUNI WTR DIST UPPER EFORK WSTWTR INTERCPT         | CUSIP: 662842TB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3085000 | PA      | $3472252.95   | 0.08%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525T40<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $521847.10    | 0.01%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 1964805D5<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   7730000 | PA      | $8443720.18   | 0.21%             | 2053-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT POLL CONTROL REVENUE | CUSIP: 546749AT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2580210.30   | 0.06%             | 2033-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080UN9<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    115000 | PA      | $111908.49    | 0.00%             | 2039-12-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                    | TEXAS ST TRANSPRTN COMMISSION CENTRAL TX TURNPIKE SYS REVENU | CUSIP: 88283KCE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3135000 | PA      | $3391106.30   | 0.08%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532DF8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1567099.92   | 0.04%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203H5F5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7001344.00   | 0.17%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Three Bridges Public Infrastructure District No 1                                | THREE BRIDGES PUBLIC INFRASTRUCTURE DIST #1 UT SPL ASSMNT    | CUSIP: 88553DAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2875000 | PA      | $2852720.48   | 0.07%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XR2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1461828.75   | 0.04%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HJL7<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4230816.38   | 0.10%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisa Industrial Development Authority                                          | LOUISA VA INDL DEV AUTH POLL CONTROL REVENUE                 | CUSIP: 546068AY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $609914.40    | 0.01%             | 2035-11-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA INDL DEV AUTH HOSP REVENUE                           | CUSIP: 04052EAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8505000 | PA      | $8505000.00   | 0.21%             | 2048-02-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission                                                  | TEXAS ST TRANSPRTN COMMISSION                                | CUSIP: 882830BS0<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1849257.96   | 0.04%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YC4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $382268.70    | 0.01%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No 210-Phoenix                        | MARICOPA CNTY AZ HIGH SCH DIST #210 PHOENIX                  | CUSIP: 567505SN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1536061.94   | 0.04%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CAJ8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    400000 | PA      | $401198.72    | 0.01%             | 2029-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8326349 | PA      | $7975140.89   | 0.19%             | 2051-10-01      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE               | CUSIP: 88046KTA4<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |   4315000 | PA      | $4844847.48   | 0.12%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   8944813 | PA      | $8497233.34   | 0.21%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3629561.20   | 0.09%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                              | DENTON CNTY TX SPL ASSMNT REVENUE                            | CUSIP: 24880GAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $351424.01    | 0.01%             | 2044-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654NX9<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   5395000 | PA      | $5331793.26   | 0.13%             | 2052-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REV                     | CUSIP: 64972KLH6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2260729.67   | 0.05%             | 2065-05-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                    | DELAWARE ST ECON DEV AUTH CHRT SCH REVENUE                   | CUSIP: 246372AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275915.53    | 0.01%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PEH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1242774.84   | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $744677.63    | 0.02%             | 2049-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND ST HLTH & EDUCTNL BLDG CORP REVENUE             | CUSIP: 762244LW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5527157.00   | 0.13%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GKP3<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3625000 | PA      | $4074258.21   | 0.10%             | 2056-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609USQ9<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    375000 | PA      | $408991.09    | 0.01%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Highway Improvement Revenue                                      | NEVADA ST HIGHWAY IMPT REVENUE                               | CUSIP: 641480HX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008205.80   | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1274179.49   | 0.03%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Stadium Trace Village Improvement District/The                                   | STADIUM TRACE VLG IMPT DIST DEV INCENTIVE ANTIC BONDS        | CUSIP: 852351AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $943013.54    | 0.02%             | 2036-03-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Irvine Unified School District                                                   | IRVINE CA UNIF SCH DIST SPL TAX                              | CUSIP: 463612MT5<br>LEI: 549300BNIP4XNVC0X742 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1307543.82   | 0.03%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County Development Authority                                             | FAYETTE CNTY GA DEV AUTH REVENUE                             | CUSIP: 31222PAT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1300292.57   | 0.03%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Farmington NM                                                            | FARMINGTON NM POLL CONTROL REVENUE                           | CUSIP: 311450FW5<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1512572.78   | 0.04%             | 2033-04-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| City of North Las Vegas NV                                                       | NORTH LAS VEGAS NV LOCAL IMPT                                | CUSIP: 66041HGJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300196.14    | 0.01%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YY6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2086950.80   | 0.05%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $359517.92    | 0.01%             | 2043-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698RC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1306446.46   | 0.03%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $895090.00    | 0.02%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                                | VENICE FL                                                    | CUSIP: 922687AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $376257.38    | 0.01%             | 2030-01-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2563035.75   | 0.06%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794K92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1587509.40   | 0.04%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT CMNTYS REVENUE                     | CUSIP: 74446CAC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    600000 | PA      | $585420.36    | 0.01%             | 2037-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15320000 | PA      | $16865207.37  | 0.41%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Housing Finance Corp                                               | HARRIS CNTY TX HSG FIN CORP                                  | CUSIP: 414158TQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2043080.77   | 0.05%             | 2043-09-01      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                               | SAN JOSE CA ARPT REVENUE                                     | CUSIP: 798136VS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507637.25   | 0.04%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2825000 | PA      | $2985783.75   | 0.07%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                              | NEW JERSEY ST                                                | CUSIP: 646039YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2625104.31   | 0.06%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TLS5<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1120726.81   | 0.03%             | 2052-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                               | SPRING TX INDEP SCH DIST                                     | CUSIP: 850001CH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6590000 | PA      | $7151439.66   | 0.17%             | 2046-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greenville Housing Authority/SC                                                  | GREENVILLE SC HSG AUTH MF HSG REVENUE                        | CUSIP: 396483AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $811160.16    | 0.02%             | 2027-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA                                             | CUSIP: 25476FG28<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3055000 | PA      | $3550840.25   | 0.09%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST                                                 | CUSIP: 97705MP58<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   6485000 | PA      | $7271697.30   | 0.18%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alachua County Health Facilities Authority                                       | ALACHUA CNTY FL HLTH FACS AUTH                               | CUSIP: 010685KW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1938975.03   | 0.05%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | AUSTIN TX WTR & WSTWTR SYS REVENUE                           | CUSIP: 052477PV2<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1904701.23   | 0.05%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028YT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1109096.66   | 0.03%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JCG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $477260.50    | 0.01%             | 2039-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EXX9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1940000 | PA      | $2024429.96   | 0.05%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111D68<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4499220.00   | 0.11%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404P5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3270893.76   | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP REVENUE                              | CUSIP: 34074MRH6<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140464.53    | 0.00%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DWN5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3992531.50   | 0.10%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727K96<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1662235.21   | 0.04%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399TX4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1666211.33   | 0.04%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084791.00   | 0.03%             | 2054-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Buda TX                                                                  | BUDA TX SPL ASSMNT REVENUE                                   | CUSIP: 118829AE0<br>LEI: 549300M2WWWL7K4QS327 | Long             | DBT              | MUN               | US        |    506000 | PA      | $497969.07    | 0.01%             | 2045-09-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHW6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1148309.20   | 0.03%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DVJ8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    555000 | PA      | $593750.88    | 0.01%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | CHICAGO IL MIDWAY ARPT REVENUE                               | CUSIP: 167562SZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1179772.77   | 0.03%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GKK8<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1587970.65   | 0.04%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 64577BHV9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    375000 | PA      | $374533.84    | 0.01%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                      | NEW YORK CITY NY INDL DEV AGY REVENUE                        | CUSIP: 64971PLG8<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   2375000 | PA      | $1785648.03   | 0.04%             | 2038-01-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                    | DELAWARE ST ECON DEV AUTH REVENUE                            | CUSIP: 246387SX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2223488.77   | 0.05%             | 2031-01-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| Conroe Independent School District                                               | CONROE TX INDEP SCH DIST                                     | CUSIP: 2084184N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2763939.77   | 0.07%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Housing Finance Authority                                            | PUERTO RICO HSG FIN AUTH MF HSG COLLATERALIZED REVENUE       | CUSIP: 74528CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $478688.04    | 0.01%             | 2027-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS MF HSG REVENUE          | CUSIP: 88275AEU0<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4397934.19   | 0.11%             | 2029-09-01      | Floating      | 3.05%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525Z50<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    245000 | PA      | $281370.84    | 0.01%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Upper East Fork Wastewater Interceptor Sys  | N TEXAS ST MUNI WTR DIST UPPER EFORK WSTWTR INTERCPT         | CUSIP: 662842TA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2935000 | PA      | $3262035.02   | 0.08%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH EDUCTNL FACS REVENUE                   | CUSIP: 190782AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $377648.12    | 0.01%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Clear Creek Independent School District                                          | CLEAR CREEK TX INDEP SCH DIST                                | CUSIP: 184541HN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $659396.49    | 0.02%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3615000 | PA      | $3890917.41   | 0.09%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525Y93<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1955000 | PA      | $2126059.18   | 0.05%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807JT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $800093.81    | 0.02%             | 2044-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA JOBS-ECON DEV AUTH ENVRNMNTL IMPT REVENUE     | CUSIP: 83703DAA5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5645000 | PA      | $5672408.73   | 0.14%             | 2033-04-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2173591.63   | 0.05%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp                                              | DALLAS TX HSG FIN CORP                                       | CUSIP: 235298BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2900342.20   | 0.07%             | 2044-02-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZM1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4020000 | PA      | $3955076.20   | 0.10%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Lucas OH                                                               | LUCAS CNTY OH HOSP REVENUE                                   | CUSIP: 549310VL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1895000 | PA      | $1612368.71   | 0.04%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FC94<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    450000 | PA      | $481672.80    | 0.01%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615JX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $492616.80    | 0.01%             | 2041-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GWL4<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1128808.51   | 0.03%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Convention Center Public Facilities District                    | WASHINGTON ST CONVENTION CENTER PUBLIC FACS DIST             | CUSIP: 93976ACR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $774692.33    | 0.02%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Stanton Independent School District                                              | STANTON TX INDEP SCH DIST                                    | CUSIP: 854854HE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1156796.24   | 0.03%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JAM0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3010000 | PA      | $3376806.73   | 0.08%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH Sewer System Revenue                                       | HAMILTON CNTY OH SWR SYS REVENUE                             | CUSIP: 407288H85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138235.30   | 0.03%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736E29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022137.20   | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TB83<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    350000 | PA      | $371744.31    | 0.01%             | 2053-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EL97<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2521484.25   | 0.06%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DDS0<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $511632.65    | 0.01%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Lazy Nine Municipal Utility District No 1A                                       | LAZY NINE MUNI UTILITY DIST #1A TX                           | CUSIP: 52109WBU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509790.90    | 0.01%             | 2042-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                | CUSIP: 180848XH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1531161.90   | 0.04%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Neches Valley Authority Industrial Development Corp                        | LOWER NECHES VLY TX AUTH INDL DEV CORP                       | CUSIP: 54834RAB5<br>LEI: KB1H1DSPRFMYMCUFXT09 | Long             | DBT              | MUN               | US        |   9205000 | PA      | $9205000.00   | 0.22%             | 2029-11-01      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1237248.81   | 0.03%             | 2046-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI LIMITED OBLIG REVENUE                     | CUSIP: 74446FAD5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $199683.12    | 0.00%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH LEASE RENT REVENUE                      | CUSIP: 63610TAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3313558.30   | 0.08%             | 2034-10-15      | Fixed         | 4.53%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Water & Wastewater Revenue                                    | ATLANTA GA WTR & WSTWTR REVENUE                              | CUSIP: 047870SV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4280000 | PA      | $4914999.20   | 0.12%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JDG0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1859138.74   | 0.05%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Princeton Independent School District                                            | PRINCETON TX INDEP SCH DIST                                  | CUSIP: 742395YZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1158891.69   | 0.03%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U38<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    940000 | PA      | $934484.55    | 0.02%             | 2034-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532CZ5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    840000 | PA      | $930354.77    | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Galena Park Independent School District                                          | GALENA PARK TX INDEP SCH DIST                                | CUSIP: 363335HK9<br>LEI: 549300705BA4XGM4U218 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1309257.08   | 0.03%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Reno NV                                                                  | RENO NV SPL ASSMNT                                           | CUSIP: 759865BW7<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |    530000 | PA      | $532574.90    | 0.01%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                               | CUSIP: 74447TAF9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    919000 | PA      | $919150.72    | 0.02%             | 2032-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JNG9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2180001.21   | 0.05%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034AQ86<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    250000 | PA      | $213638.80    | 0.01%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH REVENUE                         | CUSIP: 54811GH94<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1057533.86   | 0.03%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ellis County Municipal Utility District No 1B                                    | ELLIS CNTY TX MUNI UTILITY DIST #1B                          | CUSIP: 288726AL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1030664.36   | 0.03%             | 2037-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308U93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2870000 | PA      | $3093555.49   | 0.08%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QJQ0<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1012733.58   | 0.02%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036BZ8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1255567.32   | 0.03%             | 2038-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WBV7<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   2555000 | PA      | $2251464.72   | 0.05%             | 2030-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYH2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4125000 | PA      | $4490196.15   | 0.11%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sullivan NY                                                            | SULLIVAN CNTY NY INFRASTRUCTURE LOCAL DEV CORP REVENUE       | CUSIP: 865273AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1158187.73   | 0.03%             | 2049-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6997797.10   | 0.17%             | 2045-10-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN HLTH EDL FACS AUTH SENIOR LIVING REVENUE           | CUSIP: 97671VCM5<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3950000 | PA      | $4003825.86   | 0.10%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE             | CUSIP: 924166HJ3<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5024341.00   | 0.12%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TAM9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012128.30   | 0.02%             | 2052-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BRH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1461281.55   | 0.04%             | 2029-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $332262.27    | 0.01%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | MINNESOTA ST                                                 | CUSIP: 60412AH89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $163340.72    | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE      | CUSIP: 64972LBL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1763345.27   | 0.04%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252QD4<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1132950.20   | 0.03%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Alaska International Airports System                                    | ALASKA ST INTERNATIONAL ARPTS REVENUES                       | CUSIP: 011842VC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1720715.82   | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ward ND                                                                | WARD CNTY ND HLTH CARE FACS REVENUE                          | CUSIP: 934023ET5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $490657.05    | 0.01%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH MF HSG REVENUE                      | CUSIP: 04062PCD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1983127.56   | 0.05%             | 2058-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063EMW3<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1678496.24   | 0.04%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Lottery                                                             | OREGON ST DEPT OF ADMIN SVCS LOTTERY REVENUE                 | CUSIP: 68607V6K6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1141751.90   | 0.03%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532FS8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    765000 | PA      | $807683.63    | 0.02%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1429536 | PA      | $1438068.31   | 0.03%             | 2034-01-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501XA8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    750000 | PA      | $745469.25    | 0.02%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Orange County Community Facilities District                                      | ORANGE CNTY CA CMNTY FACS DIST                               | CUSIP: 68423PA67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $477885.02    | 0.01%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pompano Beach FL                                                         | POMPANO BEACH FL REVENUE                                     | CUSIP: 732203AU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3102867.20   | 0.08%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FZK3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2821204.75   | 0.07%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Williamson County Industrial Development Board                                   | WILLIAMSON CNTY TN INDL DEV BRD MF REVENUE                   | CUSIP: 969878AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1118624.73   | 0.03%             | 2042-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                            | NEW MEXICO ST MTGE FIN AUTH                                  | CUSIP: 647201KP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1289555.72   | 0.03%             | 2051-01-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609TLA4<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1463641.61   | 0.04%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                           | CUSIP: 199546CP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1976668.56   | 0.05%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HOSP REVENUE                       | CUSIP: 52350LAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2456237.75   | 0.06%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | AUSTIN TX WTR & WSTWTR SYS REVENUE                           | CUSIP: 052477PT7<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1661116.05   | 0.04%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Rockdale County                                         | ROCKDALE CNTY GA DEV AUTH                                    | CUSIP: 773008AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3398372.25   | 0.08%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883EU2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6790533.00   | 0.17%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                              | RHODE ISLAND ST STUDENT LOAN AUTH LOAN REVENUE               | CUSIP: 762323DT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3505000 | PA      | $3510739.44   | 0.09%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063EHE9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5650000 | PA      | $6507424.79   | 0.16%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $337124.80    | 0.01%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QA28<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    695000 | PA      | $477812.50    | 0.01%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486F87<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    800000 | PA      | $813578.80    | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDM6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    425000 | PA      | $410934.41    | 0.01%             | 2031-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| City of Arlington TX Water & Wastewater System Revenue                           | ARLINGTON TX WTR & WSTWTR SYS REVENUE                        | CUSIP: 04184KF83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1626143.03   | 0.04%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | PRIV CLGS & UNIVS AUTH GA                                    | CUSIP: 74265L2X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1763140.10   | 0.04%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BJB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7120000 | PA      | $7937769.74   | 0.19%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HYD1<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1697723.53   | 0.04%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Augusta Development Authority                                                    | AUGUSTA GA DEV AUTH REVENUE                                  | CUSIP: 05115CAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $453014.16    | 0.01%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency                                                  | OKLAHOMA ST HSG FIN AGY SF MTGE REVENUE                      | CUSIP: 67886MA25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $775917.71    | 0.02%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AS9<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    475000 | PA      | $479651.82    | 0.01%             | 2050-09-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4390000 | PA      | $4750894.00   | 0.12%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA LOC GOVT FIN COMMISSION SENIOR LIVING REVENUE        | CUSIP: 34077UAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3121758.60   | 0.08%             | 2045-11-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Tradition Community Development District No 9                                    | TRADITION CDD #9 FL SPL ASSMNT                               | CUSIP: 89269NAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $549497.75    | 0.01%             | 2032-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA HSG FIN CORP REVENUE                                 | CUSIP: 34074NBE8<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2786074.53   | 0.07%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH REVENUE                          | CUSIP: 13048TW33<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517547.00    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJT6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1245862.75   | 0.03%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790JW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519038.35    | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jurupa Public Financing Authority                                                | JURUPA CA PUBLIC FING AUTH SPL TAX REVENUE                   | CUSIP: 482085ES2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $2016306.43   | 0.05%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | MINNESOTA ST                                                 | CUSIP: 60412AA37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1165184.97   | 0.03%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                      | CUSIP: 3137HA4G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    537699 | PA      | $528431.94    | 0.01%             | 2040-01-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| Raleigh Housing Authority                                                        | RALEIGH NC HSG AUTH MF REVENUE                               | CUSIP: 751115CB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2365582.32   | 0.06%             | 2059-09-01      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| Great Western Metropolitan District                                              | GREAT WSTRN CO MET DIST                                      | CUSIP: 39142CAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $433112.55    | 0.01%             | 2050-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| San Jacinto Unified School District                                              | SAN JACINTO CA UNIF SCH DIST                                 | CUSIP: 797848JP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1093065.34   | 0.03%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                      | CUSIP: 3137HASQ0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   1217088 | PA      | $1029402.65   | 0.03%             | 2037-09-25      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                              | GLENDALE CA CMNTY CLG DIST                                   | CUSIP: 378394HV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $1045438.36   | 0.03%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Aspire Public Improvement District                                               | ASPIRE PUBLIC IMPT DIST NM SPL LEVY REVENUE                  | CUSIP: 04538GAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $516955.40    | 0.01%             | 2044-10-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                              | RHODE ISLAND ST STUDENT LOAN AUTH LOAN REVENUE               | CUSIP: 762323DL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $799728.11    | 0.02%             | 2043-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PEA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $997139.61    | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966MAW9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1155790.25   | 0.03%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807GU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1016245.01   | 0.02%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Metropolitan Housing Authority                                          | CUYAHOGA OH MET HSG AUTH MF HSG REVENUE                      | CUSIP: 23239TAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $461192.64    | 0.01%             | 2027-12-01      | Floating      | 4.75%                 | No            |                  2 | On Loan: No      |
| Garland Independent School District                                              | GARLAND TX INDEP SCH DIST                                    | CUSIP: 366155Z85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2085252.02   | 0.05%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | LOUISIANA STADIUM & EXPOSITION DIST LA                       | CUSIP: 546410CJ8<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1512090.98   | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAR8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4998426.50   | 0.12%             | 2046-11-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807GX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $382828.49    | 0.01%             | 2039-08-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No 1                                        | MATAGORDA CNTY TX NAV DIST #1                                | CUSIP: 576528DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $861675.29    | 0.02%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U79<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    690000 | PA      | $690105.71    | 0.02%             | 2030-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7115000 | PA      | $7808005.27   | 0.19%             | 2056-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST                                                 | CUSIP: 97705MPF6<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1384243.39   | 0.03%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 19648GBX9<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1175134.55   | 0.03%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REVENUE             | CUSIP: 67754AAC8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    655000 | PA      | $659147.07    | 0.02%             | 2028-01-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Lubbock TX Electric Light & Power System Revenue                         | LUBBOCK TX ELEC LIGHT & PWR SYS                              | CUSIP: 549203YX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127682.50   | 0.03%             | 2034-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAL9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2740556 | PA      | $2802361.22   | 0.07%             | 2036-09-20      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMB6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    670000 | PA      | $626205.79    | 0.02%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Knoxville's Community Development Corp                                           | KNOXVILLE TN CMNTY DEV CORP MF REVENUE                       | CUSIP: 499743CT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $804188.96    | 0.02%             | 2027-12-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 658909X68<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    600000 | PA      | $638527.86    | 0.02%             | 2053-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 4072722S1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    925000 | PA      | $959222.87    | 0.02%             | 2042-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Brazoria County Municipal Utility District No 42                                 | BRAZORIA CNTY TX MUNI UTILITY DIST #42                       | CUSIP: 10608DAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1234288.49   | 0.03%             | 2043-04-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GTB1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1434928.95   | 0.03%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $818073.13    | 0.02%             | 2046-12-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X8S3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504249.80    | 0.01%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST COPS                                           | CUSIP: 93972AFF8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3905000 | PA      | $4439365.67   | 0.11%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN Memphis Light Gas & Water Division Electric System Revenue    | MEMPHIS TN ELEC SYS REVENUE                                  | CUSIP: 586158SC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $393335.95    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harbor Bay Community Development District                                        | HARBOR BAY FL CDD CAPITAL IMPT REVENUE                       | CUSIP: 411466AF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937314.30    | 0.02%             | 2039-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371515L9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1599160.80   | 0.04%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                          | WASHINGTON SUBURBAN SAN DIST MD                              | CUSIP: 940158JN9<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   8890000 | PA      | $9717464.31   | 0.24%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YCQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5745000 | PA      | $6337479.55   | 0.15%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | COLORADO ST COPS                                             | CUSIP: 196711QW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1926549.74   | 0.05%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974E7Z3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1175953.60   | 0.03%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KEM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $436398.49    | 0.01%             | 2040-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JHD1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5550000 | PA      | $5960869.28   | 0.14%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Housing Finance Authority                                          | NEW HAMPSHIRE ST HSG FIN AUTH SF REVENUE                     | CUSIP: 64469DX63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $1005910.95   | 0.02%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YER8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    415000 | PA      | $426014.02    | 0.01%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST COPS                                           | CUSIP: 93972AFE1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   4110000 | PA      | $4618017.78   | 0.11%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442ELT5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    700000 | PA      | $693602.42    | 0.02%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004387.60   | 0.02%             | 2046-10-01      | Floating      | 4.60%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736K63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2088176.60   | 0.05%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | PENNSYLVANIA ST                                              | CUSIP: 70914PC26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $573482.34    | 0.01%             | 2026-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZL3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3960000 | PA      | $4128117.05   | 0.10%             | 2050-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416S6G0<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    735000 | PA      | $700106.76    | 0.02%             | 2029-07-01      | Fixed         | 1.90%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 572                                  | HARRIS CNTY TX MUNI UTILITY DIST #572                        | CUSIP: 41427QAP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1056811.07   | 0.03%             | 2040-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647LC3<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |    720000 | PA      | $795990.67    | 0.02%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HVR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1369695.94   | 0.03%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333PZ92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8990000 | PA      | $9080412.43   | 0.22%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437PH2<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   4450000 | PA      | $5023124.85   | 0.12%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037400.40   | 0.03%             | 2035-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                   | CUSIP: 29270C6L4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $3149868.98   | 0.08%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EXEMPT FACS REVENUE                       | CUSIP: 74443QAD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1141479.38   | 0.03%             | 2030-11-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2673185 | PA      | $2396453.15   | 0.06%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609UCB9<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    500000 | PA      | $575595.15    | 0.01%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State University                                                        | MICHIGAN ST UNIV REVENUES                                    | CUSIP: 594712US8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1572370.36   | 0.04%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501UM5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    240000 | PA      | $189228.50    | 0.00%             | 2031-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp                                                 | IOWA ST STUDENT LOAN LIQUIDITY CORP                          | CUSIP: 462590PU8<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   3875000 | PA      | $3911059.20   | 0.10%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Riceland Management District                                                     | RICELAND MGMT DIST TX                                        | CUSIP: 76283AAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006781.30   | 0.02%             | 2034-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                         | MONTANA ST BRD OF HSG SF MTGE                                | CUSIP: 61212WLT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2467191.85   | 0.06%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  30302707 | PA      | $20075543.57  | 0.49%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BHU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1597627.95   | 0.04%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District No 5                                         | RAMPART RANGE CO MET DIST #5                                 | CUSIP: 75157WAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $3415051.08   | 0.08%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Arena Local Development Corp                                            | BROOKLYN ARENA NY LOCAL DEV CORP PILOT REVENUE               | CUSIP: 113807BC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1184218.66   | 0.03%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WZ6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003268.40   | 0.02%             | 2029-01-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7547204.25   | 0.18%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp                                              | DALLAS TX HSG FIN CORP                                       | CUSIP: 235298BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $430560.77    | 0.01%             | 2042-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH POLL CONTROL REVENUE                     | CUSIP: 45505VAD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978828.30    | 0.02%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136EP2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $483423.90    | 0.01%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UHK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $994763.98    | 0.02%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45201YS57<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1218639.04   | 0.03%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | HARRIS CNTY TX TOLL ROAD REVENUE                             | CUSIP: 41423PAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $660279.00    | 0.02%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lansing Board of Water & Light                                                   | LANSING MICH BRD WTR & LT UTIL SYS REV                       | CUSIP: 516391FL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1461131.84   | 0.04%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Dorchester SC                                                          | DORCHESTER CNTY SC ASSMNT REVENUE                            | CUSIP: 258149AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210571.70    | 0.01%             | 2033-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Knoxville's Community Development Corp                                           | KNOXVILLE TN CMNTY DEV CORP MF REVENUE                       | CUSIP: 499743CQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1631671.28   | 0.04%             | 2027-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH MTGEREVENUE                         | CUSIP: 92415TCA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $467704.75    | 0.01%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756QT98<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    565000 | PA      | $561273.49    | 0.01%             | 2052-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Suffolk County Economic Development Corp                                         | SUFFOLK CNTY NY ECON DEV CORPREVENUE                         | CUSIP: 86476RDJ0<br>LEI: 5493003FN78GO4R0BJ89 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032482.90   | 0.03%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTM8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    900000 | PA      | $942664.95    | 0.02%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH                                  | CUSIP: 6459165H6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056040.70   | 0.03%             | 2027-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH TAX INCREMENT FING REV  | CUSIP: 18611HAB1<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    250000 | PA      | $196197.75    | 0.00%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QVB6<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    785000 | PA      | $851699.96    | 0.02%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Fort Worth Independent School District                                           | FORT WORTH TX INDEP SCH DIST                                 | CUSIP: 349461EX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104774.80   | 0.03%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHV8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    685000 | PA      | $745975.62    | 0.02%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PK53<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $766483.65    | 0.02%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE              | CUSIP: 924157AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1499474.54   | 0.04%             | 2052-06-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AT7<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    500000 | PA      | $521197.25    | 0.01%             | 2050-09-01      | Floating      | 5.13%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BVX6<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077369.00   | 0.05%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matching Fund Special Purpose Securitization Corp                                | MATCHING FUND SPL PURPOSE SECURITIZTN CORP                   | CUSIP: 57665NAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $518052.65    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE              | CUSIP: 46246SAV7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2770546.29   | 0.07%             | 2050-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2683304.25   | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032BY6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2268116.13   | 0.06%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chesapeake Redevelopment & Housing Authority                                     | CHESAPEAKE VA REDEV & HSG AUTH MF HSG REVENUE                | CUSIP: 165328BA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1325412.81   | 0.03%             | 2043-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                   | CUSIP: 29270C4Q5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $2119002.77   | 0.05%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boerne Independent School District                                               | BOERNE TX INDEP SCH DIST                                     | CUSIP: 097067NL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $486633.77    | 0.01%             | 2053-02-01      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EKL6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2043272.67   | 0.05%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YXC8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $958824.10    | 0.02%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP FACS REVENUE       | CUSIP: 83703EMW2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2034426.75   | 0.05%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1781635.45   | 0.04%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SALES TAX REVENUE                    | CUSIP: 45130ABT1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2159909.32   | 0.05%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WX1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4021059.04   | 0.10%             | 2028-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| County of Montgomery OH                                                          | MONTGOMERY CNTY OH HOSP REVENUE                              | CUSIP: 613520NW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2127464.85   | 0.05%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QKU9<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   4975000 | PA      | $5049167.30   | 0.12%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HOSP REVENUE                             | CUSIP: 45471AUS9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1092050.68   | 0.03%             | 2039-09-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HCP6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   8785000 | PA      | $9675878.07   | 0.24%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAG2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    670000 | PA      | $670786.18    | 0.02%             | 2025-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7065000 | PA      | $7671614.32   | 0.19%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790KD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1078405.02   | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE 21ST CENTURY  | CUSIP: 92778VGM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1065842.44   | 0.03%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                      | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    631000 | PA      | $660221.29    | 0.02%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE             | CUSIP: 924166HX2<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4527311.40   | 0.11%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104MX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1377442.75   | 0.03%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                  | CUSIP: 346843WP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2570000 | PA      | $2701178.97   | 0.07%             | 2044-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AMQ5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    805000 | PA      | $836153.02    | 0.02%             | 2039-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sawyers Landing Community Development District                                   | SAWYERS LANDING CDD FL SPL ASSMNT REVENUE                    | CUSIP: 805517AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498276.85    | 0.01%             | 2026-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                            | KENTUCKY ST HSG CORP SF MTGE                                 | CUSIP: 491309KD1<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1377481.57   | 0.03%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QSZ7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    685000 | PA      | $727452.46    | 0.02%             | 2053-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Oneida Indian Nation of New York                                                 | ONEIDA INDIAN NATION NY TAX REVENUE                          | CUSIP: 682504AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $495770.26    | 0.01%             | 2043-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080YH8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2683055.34   | 0.07%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | NEW MEXICO FIN AUTH REVENUE                                  | CUSIP: 64711PSM3<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1447912.06   | 0.04%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FGS7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505229.50   | 0.06%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PDZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1078248.02   | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2666334 | PA      | $2304453.02   | 0.06%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756Q3M7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    855000 | PA      | $907364.13    | 0.02%             | 2053-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 612 Skye Hills              | LAS VEGAS NV SPL IMPT DIST #612                              | CUSIP: 51778WAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $802568.48    | 0.02%             | 2042-06-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153GD5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1140823.43   | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Affordable Pfc Inc                                                        | AUSTIN TX AFFORDABLE PUBLIC FACILITY CORP INC MF HSG REVENUE | CUSIP: 05217TAU8<br>LEI: 529900LKLIWOHOEBOF89 | Long             | DBT              | MUN               | US        |    160000 | PA      | $166470.35    | 0.00%             | 2028-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532MF8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1391950.58   | 0.03%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Redevelopment & Housing Authority                                 | FAIRFAX CNTY VA REDEV & HSG AUTH MF HSG REVENUE              | CUSIP: 303833LG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258527.10    | 0.01%             | 2045-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority Inc                                       | N TEXAS HGR EDU AUTH INC EDU LOAN REVENUE                    | CUSIP: 66286UAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $320399.07    | 0.01%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                   | INDIANA ST MUNI PWR AGY                                      | CUSIP: 454898TX5<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |  14535000 | PA      | $14633290.03  | 0.36%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DTQ2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   6985000 | PA      | $7442080.94   | 0.18%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 517845MY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519546.90    | 0.01%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637BZD5<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |    345000 | PA      | $344939.83    | 0.01%             | 2050-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Butler County Port Authority                                                     | BUTLER CNTY OH PORT AUTH ECON DEV LEASE REVENUE              | CUSIP: 12355RAP1<br>LEI: 549300LIKUQ3LQUKO260 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $825221.70    | 0.02%             | 2046-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | DALLAS TX WTRWKS & SWR SYS REVENUE                           | CUSIP: 23542JH32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1236244.32   | 0.03%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Galveston County Municipal Utility District No 36                                | GALVESTON CNTY TX MUNI UTILITY DIST #36                      | CUSIP: 36423HAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1168033.86   | 0.03%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of the City of Erie/The                                          | ERIE PA CITY SCH DIST                                        | CUSIP: 295425TC6<br>LEI: 549300VQZWUO5J8WLO42 | Long             | DBT              | MUN               | US        |    525000 | PA      | $563830.52    | 0.01%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp                                           | MARICOPA CNTY AZ POLL CONTROLCORP POLL CONTROL REVENUE       | CUSIP: 566854EF8<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |   2140000 | PA      | $1930790.60   | 0.05%             | 2040-04-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CB5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5299384.50   | 0.13%             | 2048-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SF MTGE REVENUE                      | CUSIP: 45129Y3S3<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2445000 | PA      | $2671094.28   | 0.06%             | 2053-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | MINNESOTA ST                                                 | CUSIP: 60412AM59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3520151.78   | 0.09%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063DB80<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5110000 | PA      | $5531307.24   | 0.13%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 13                                     | VLG FL CDD #13 SPL ASSMNT REVENUE                            | CUSIP: 92708HAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1024948.80   | 0.02%             | 2040-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL REVENUE                               | CUSIP: 74447TAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    358000 | PA      | $362908.65    | 0.01%             | 2029-12-15      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UNG9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2316251.70   | 0.06%             | 2045-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mesquite Independent School District                                             | MESQUITE TX INDEP SCH DIST                                   | CUSIP: 590760VA9<br>LEI: 549300M7COV11VUIZE16 | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4699117.64   | 0.11%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                      | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                      | CUSIP: 646067KE7<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1479051.96   | 0.04%             | 2064-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039920.40   | 0.03%             | 2042-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                                | DELAWARE ST                                                  | CUSIP: 246381SZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $153207.11    | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                              | RHODE ISLAND ST STUDENT LOAN AUTH LOAN REVENUE               | CUSIP: 762323CB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $785906.93    | 0.02%             | 2041-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Montgomery County Municipal Utility District No 180                              | MONTGOMERY CNTY TX MUNI UTILITY DIST #180                    | CUSIP: 61373XBR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1411818.26   | 0.03%             | 2041-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                  | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP V GAS SPLY REVENUE | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2732384.00   | 0.07%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                            | NORTHSIDE TX INDEP SCH DIST                                  | CUSIP: 66702RQ88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1599244.50   | 0.04%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                          | MICHIGAN ST STRATEGIC FUND LTD OBLG REVENUE                  | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1374422.64   | 0.03%             | 2061-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT                                                    | CUSIP: 40065BCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $363917.42    | 0.01%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727D78<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3735000 | PA      | $4040353.80   | 0.10%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615LV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001016.20   | 0.02%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                      | CUSIP: 3137HAMK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4767359 | PA      | $4162941.75   | 0.10%             | 2043-04-25      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526P1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   9605000 | PA      | $9605000.00   | 0.23%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST                                                 | CUSIP: 97705MTY1<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1225186.16   | 0.03%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS LEASE REVENUE             | CUSIP: 14054UAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $895236.02    | 0.02%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104ML9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $978944.75    | 0.02%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646140JR5<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   4070000 | PA      | $4688588.72   | 0.11%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE          | CUSIP: 645424BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1466119.85   | 0.04%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2624017.50   | 0.06%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                    | CUSIP: 917393CR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1454983.32   | 0.04%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE 21ST CENTURY  | CUSIP: 92778VFK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6025000 | PA      | $6370169.84   | 0.15%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJJ8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1075069.90   | 0.03%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - Texas A&M University System                          | TEXAS ST A & M UNIV PERM UNIV FUND                           | CUSIP: 8821177Y4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2119232.87   | 0.05%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FLN2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5020555.50   | 0.12%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County/The                                        | BURKE CNTY GA DEV AUTH POLL CONTROL REVENUE                  | CUSIP: 121342QN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $599229.31    | 0.01%             | 2049-12-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225RH1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    960000 | PA      | $1083554.11   | 0.03%             | 2045-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HFN2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    575000 | PA      | $655308.18    | 0.02%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University/The                                                | PENNSYLVANIA ST UNIV                                         | CUSIP: 7092354C6<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1264240.08   | 0.03%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XNH1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2119292.00   | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AYQ9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4530000 | PA      | $5086699.40   | 0.12%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority Inc                                       | N TEXAS HGR EDU AUTH INC EDU LOAN REVENUE                    | CUSIP: 66286UAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $154773.77    | 0.00%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XV3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2092460.00   | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DZT2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1768740.50   | 0.04%             | 2064-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 64461XKM6<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    395000 | PA      | $377467.37    | 0.01%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DBB1<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    595000 | PA      | $595000.00    | 0.01%             | 2039-01-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990F6K5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2733597.26   | 0.07%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437GU3<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1348927.77   | 0.03%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Oakland Unified School District/Alameda County                                   | OAKLAND CA UNIF SCH DIST ALAMEDA CNTY                        | CUSIP: 672325H67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012734.10   | 0.02%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV Special Improvement District No 817                         | LAS VEGAS NV SPL ASSMNT DIST #817                            | CUSIP: 51779BAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $398084.85    | 0.01%             | 2038-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207T88<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   5290000 | PA      | $5645479.54   | 0.14%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP REVENUE                             | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5800000 | PA      | $5806949.56   | 0.14%             | 2031-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJN9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $2111720.68   | 0.05%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT SPL ASSMNT   | CUSIP: 59561TAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $452491.16    | 0.01%             | 2027-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NDC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $602120.17    | 0.01%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532KG8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1126591.57   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358W5P5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    900000 | PA      | $887565.24    | 0.02%             | 2038-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QXV0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2975771.60   | 0.07%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Comal Independent School District                                                | COMAL TX INDEP SCH DIST                                      | CUSIP: 199821AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $655296.58    | 0.02%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN Memphis Light Gas & Water Division Electric System Revenue    | MEMPHIS TN ELEC SYS REVENUE                                  | CUSIP: 586158SA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $1020807.05   | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | WILLIAMSON CNTY TX                                           | CUSIP: 969888DW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1141015.67   | 0.03%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WF92<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505712.65    | 0.01%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182QD1<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1333760.13   | 0.03%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647MN8<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1267414.53   | 0.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Housing Authority/GA                                              | DOUGLAS CNTY GA HSG AUTH MF REVENUE                          | CUSIP: 259028AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $437779.10    | 0.01%             | 2028-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041WF0<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   7335000 | PA      | $7401559.99   | 0.18%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jacksonville Public Educational Building Authority                               | JACKSONVILLE PUBLIC EDUCTNL BLDG AUTH                        | CUSIP: 469480BP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100966.60   | 0.03%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437BL8<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1024725.86   | 0.02%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153MB2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1845348.20   | 0.04%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 61360PCJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1984011.76   | 0.05%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609TD70<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1109137.60   | 0.03%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE             | CUSIP: 924166HV6<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2521460.75   | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | MARYLAND ST TRANSPRTN AUTH TRANSPRTN FACS PROJ REVENUE       | CUSIP: 574300PP8<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1645277.92   | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AR1<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    500000 | PA      | $496365.00    | 0.01%             | 2044-12-01      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD | CUSIP: 04052FDU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $999664.01    | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX SENIOR LIVING REVENUE | CUSIP: 64542PGP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1878455.20   | 0.05%             | 2045-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BR29<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1343582.38   | 0.03%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System Revenue                        | N TEXAS ST MUNI WTR DIST WTR SYS REVENUE                     | CUSIP: 662903J95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2652293.50   | 0.06%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                            | HAWAII ST HARBOR SYS REVENUE                                 | CUSIP: 41981TGY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054741.60   | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525Z35<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    700000 | PA      | $793911.23    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Municipal Energy Acquisition Authority                                | NEW MEXICO ST MUNI ENERGY ACQUISITION AUTH GAS SPLY          | CUSIP: 647207BL2<br>LEI: 549300KZGG2YNDKKCE92 | Long             | DBT              | MUN               | US        |   5785000 | PA      | $6232107.03   | 0.15%             | 2054-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525Z43<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1473736.89   | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053920.40   | 0.03%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968MZD4<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   4055000 | PA      | $4000899.41   | 0.10%             | 2050-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lees Summit Industrial Development Authority                                     | LEES SUMMIT MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 524292BP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $74583.99     | 0.00%             | 2047-08-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 606901N93<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   7900000 | PA      | $7900000.00   | 0.19%             | 2033-02-15      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                            | NEW MEXICO ST MTGE FIN AUTH                                  | CUSIP: 6472012P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3501167.68   | 0.09%             | 2056-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Aubrey Independent School District                                               | AUBREY TX INDEP SCH DIST                                     | CUSIP: 050195WN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1228844.08   | 0.03%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505UD6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2163669.84   | 0.05%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE               | CUSIP: 64987JD99<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    720000 | PA      | $720133.42    | 0.02%             | 2062-11-01      | Floating      | 3.60%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                     | CUSIP: 46615SGD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1623548.70   | 0.04%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DISTRICT OF COLUMBIA HOSP REVENUE                            | CUSIP: 254764KB8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001429.10   | 0.02%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    405000 | PA      | $398670.13    | 0.01%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308W26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1650234.98   | 0.04%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BQE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $296276.67    | 0.01%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $682967.20    | 0.02%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A5A0<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $958331.40    | 0.02%             | 2038-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority Inc                                       | N TEXAS HGR EDU AUTH INC EDU LOAN REVENUE                    | CUSIP: 66286UAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2419460.75   | 0.06%             | 2046-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3453070.87   | 0.08%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Neches Valley Authority Industrial Development Corp                        | LOWER NECHES VLY TX AUTH INDL DEV CORP                       | CUSIP: 548351AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5875000 | PA      | $5875000.00   | 0.14%             | 2038-11-01      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| County of Guilford NC                                                            | GUILFORD CNTY NC                                             | CUSIP: 401784K77<br>LEI: 549300OUKUGQGH8RCL96 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151552.76    | 0.00%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfield Community Facilities District                                          | FAIRFIELD CA CMNTY FACS DIST SPL TAX                         | CUSIP: 304194FL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3885000 | PA      | $4068162.21   | 0.10%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $596290.31    | 0.01%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJU3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2955000 | PA      | $3299411.75   | 0.08%             | 2037-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grossmont Union High School District                                             | GROSSMONT CA UNION HIGH SCH DIST                             | CUSIP: 399262EH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3270286.00   | 0.08%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Harlingen Consolidated Independent School District                               | HARLINGEN TX CONSOL INDEP SCH DIST                           | CUSIP: 413000QW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1104534.64   | 0.03%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675935L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7292793.20   | 0.18%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PCQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009555.90   | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority Inc                                       | N TEXAS HGR EDU AUTH INC EDU LOAN REVENUE                    | CUSIP: 66286UAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1311037.95   | 0.03%             | 2045-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151RR2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006445.60   | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH REVENUE                         | CUSIP: 54811GJ76<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    585000 | PA      | $593604.71    | 0.01%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miralomas Municipal Utility District                                             | MIRALOMAS MUNI UTILITY DIST TX                               | CUSIP: 60462DAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1053193.90   | 0.03%             | 2042-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Lees Summit Industrial Development Authority                                     | LEES SUMMIT MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 524292BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $34814.14     | 0.00%             | 2047-08-15      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| City of San Jose CA                                                              | SAN JOSE CA MF HSG REVENUE                                   | CUSIP: 798165LF1<br>LEI: 549300QHIHSH68W22O38 | Long             | DBT              | MUN               | US        |    215000 | PA      | $217884.96    | 0.01%             | 2027-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Health and Hospitals Corp                                          | NEW YORK CITY NY HLTH & HOSP CORP                            | CUSIP: 649674KP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1442401.78   | 0.04%             | 2026-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045S46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1023316.30   | 0.02%             | 2037-07-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAA3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2256612 | PA      | $2313162.05   | 0.06%             | 2035-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2926717 | PA      | $2810146.62   | 0.07%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609UPG4<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1087242.70   | 0.03%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HVS1<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3188996.80   | 0.08%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000B7K8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1202732.41   | 0.03%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QZ21<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    320000 | PA      | $310510.53    | 0.01%             | 2033-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO                                                       | DENVER CO CITY & CNTY COPS                                   | CUSIP: 249183YL2<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1379826.66   | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TFT9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7345000 | PA      | $8050433.63   | 0.20%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                         | WASHINGTON TWP CA HLTH CARE DIST                             | CUSIP: 940642CV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5125000 | PA      | $5125639.09   | 0.12%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YCU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4060000 | PA      | $4203430.06   | 0.10%             | 2044-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 60635H3N7<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1101436.27   | 0.03%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JAR9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2169776.60   | 0.05%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST                                                 | CUSIP: 97705MB87<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2253317.80   | 0.05%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp                                           | MARICOPA CNTY AZ POLL CONTROLCORP POLL CONTROL REVENUE       | CUSIP: 566854EN1<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |   5845000 | PA      | $4896533.60   | 0.12%             | 2035-06-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613AHJ4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1527423.00   | 0.04%             | 2053-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486F79<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506938.85   | 0.04%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Housing Options Inc/TX                                                           | HSG OPTIONS INC TX MF REVENUE                                | CUSIP: 44183TAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $768006.14    | 0.02%             | 2045-02-01      | Floating      | 3.05%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GMG1<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3780000 | PA      | $4201345.26   | 0.10%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3770227 | PA      | $3690743.61   | 0.09%             | 2039-11-20      | Floating      | 4.18%                 | No            |                  2 | On Loan: No      |
| Nevada Housing Division                                                          | NEVADA ST HSG DIV                                            | CUSIP: 641272HR3<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |    365000 | PA      | $378396.49    | 0.01%             | 2028-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $372144.26    | 0.01%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1739660.27   | 0.04%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UME5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    595000 | PA      | $608152.59    | 0.01%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                             | MINNESOTA ST OFFICE OF HGR EDU REVENUE                       | CUSIP: 60416MCA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1347166.21   | 0.03%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Forney Independent School District                                               | FORNEY TX INDEP SCH DIST                                     | CUSIP: 346425MF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101274.30   | 0.03%             | 2042-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Karis Municipal Management District of Tarrant County                            | KARIS MUNI MGMT DIST TARRANT CNTY TX                         | CUSIP: 48565BAR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1020055.56   | 0.02%             | 2041-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Capital Grant Receipts Revenue                         | CHICAGO IL TRANSIT AUTH CAPITAL GRANT RECPTS REVENUE         | CUSIP: 167723GY5<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |    775000 | PA      | $784884.58    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Forsyth MT                                                               | FORSYTH MT POLL CONTROL REVENUE                              | CUSIP: 346668DP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540773.15   | 0.04%             | 2032-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Palo Alto Unified School District                                                | PALO ALTO CA UNIF SCH DIST                                   | CUSIP: 697379TL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2514644.70   | 0.06%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BFU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $731601.30    | 0.02%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren OH                                                              | WARREN CNTY OH HLTH CARE FACS REVENUE                        | CUSIP: 93515PCN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $885030.56    | 0.02%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| James City County Economic Development Authority                                 | JAMES CITY CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE       | CUSIP: 47029WEK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60000.00     | 0.00%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CDZ8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    630000 | PA      | $693356.64    | 0.02%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3010000 | PA      | $3337320.34   | 0.08%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Utility District No 216                               | FORT BEND CNTY TX MUNI UTILITY DIST #216                     | CUSIP: 34683SAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1158041.72   | 0.03%             | 2045-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| County of King WA                                                                | KING CNTY WA                                                 | CUSIP: 49474FUZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1222040.28   | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GM76<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $14795801.80  | 0.36%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH RSDL FAC CARE REVENUE   | CUSIP: 928103AR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $570829.81    | 0.01%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Franklin IN                                                              | FRANKLIN IN ECON DEV REVENUE                                 | CUSIP: 353593DN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $412809.88    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brookhaven Local Development Corp                                                | BROOKHAVEN NY LOCAL DEV CORP REVENUE                         | CUSIP: 113168AW8<br>LEI: 549300384JET720NAQ98 | Long             | DBT              | MUN               | US        |    830000 | PA      | $846639.76    | 0.02%             | 2030-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592248AZ1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $988052.73    | 0.02%             | 2027-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                         | RIVER ISLANDS CA PUBLIC FING AUTH SPL TAX                    | CUSIP: 76827QKX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $204738.67    | 0.00%             | 2044-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                   | CUSIP: 86480TAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011189.70   | 0.02%             | 2044-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PF59<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7097088.60   | 0.17%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BPH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $197316.60    | 0.00%             | 2030-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $793689.40    | 0.02%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QXS6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1365000 | PA      | $935025.00    | 0.02%             | 2017-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harbor Point Infrastructure Improvement District                                 | HARBOR POINT CT INFRASTRUCTURE IMPT DIST SPL OBLG REVENUE    | CUSIP: 41154VAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518211.05   | 0.04%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Convention & Visitors Authority                                        | LAS VEGAS NV CONVENTION & VISITORS AUTH CONVENTION CTR EXPAN | CUSIP: 51771FBY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $884569.92    | 0.02%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104NK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2925000 | PA      | $3009352.91   | 0.07%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QC59<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    450000 | PA      | $308250.00    | 0.01%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                | IRVING TX HOTEL OCCUPANCY TAXREVENUE                         | CUSIP: 463805DB4<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    135000 | PA      | $139410.86    | 0.00%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp                                                           | LOUISIANA ST HSG CORP SF MTGE REVENUE                        | CUSIP: 54627DLR0<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |    370000 | PA      | $399906.18    | 0.01%             | 2054-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LF1<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5237060.00   | 0.13%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Prosper Independent School District                                              | PROSPER TX INDEP SCH DIST                                    | CUSIP: 7436004X3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082748.00   | 0.03%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 658909C53<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    985000 | PA      | $974284.48    | 0.02%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PK79<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009060.40   | 0.02%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clear Creek Independent School District                                          | CLEAR CREEK TX INDEP SCH DIST                                | CUSIP: 184541AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991403.90    | 0.02%             | 2033-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency                                                  | OKLAHOMA ST HSG FIN AGY SF MTGE REVENUE                      | CUSIP: 67886MG94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1834980.18   | 0.04%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2761624.98   | 0.07%             | 2052-05-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445NT2<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028444.10   | 0.02%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP REVENUE                              | CUSIP: 34074M7G0<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    145000 | PA      | $159689.37    | 0.00%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396KE1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    700000 | PA      | $727820.31    | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727HT6<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991875.00    | 0.02%             | 2026-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 19648GSX1<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   5960000 | PA      | $6615313.92   | 0.16%             | 2054-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971WUM0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   8130000 | PA      | $8130000.00   | 0.20%             | 2045-02-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BPG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $198476.60    | 0.00%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp                                                 | IOWA ST STUDENT LOAN LIQUIDITY CORP                          | CUSIP: 462590NU0<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    350000 | PA      | $370784.82    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allen Independent School District                                                | ALLEN TX INDEP SCH DIST                                      | CUSIP: 018106XY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1169535.07   | 0.03%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018433.70   | 0.02%             | 2044-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | ILLINOIS ST SALES TAX REVENUE                                | CUSIP: 452227UM1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    645000 | PA      | $715878.92    | 0.02%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1348811.46   | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532GW8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1223958.96   | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                          | MONTGOMERY CNTY MD REVENUE                                   | CUSIP: 61336PFE6<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |    750000 | PA      | $763262.78    | 0.02%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15116583.00  | 0.37%             | 2041-07-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FXS8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8896150.40   | 0.22%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REVENUE             | CUSIP: 65820BBA3<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   3715000 | PA      | $4108430.39   | 0.10%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416TCR7<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1277415.15   | 0.03%             | 2051-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Anna Independent School District                                                 | ANNA TX INDEP SCH DIST                                       | CUSIP: 035707N79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2632306.21   | 0.06%             | 2050-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145HQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043723.80   | 0.03%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5220891.50   | 0.13%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | WISCONSIN ST                                                 | CUSIP: 97705MR23<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2763137.52   | 0.07%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FEDERAL HOME LOAN MTGE CORP MULTICLASS MTGE PARTN CTFS GTD   | CUSIP: 3137HH6G1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |   1978553 | PA      | $1865990.78   | 0.05%             | 2038-11-25      | Fixed         | 3.54%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GVC5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    750000 | PA      | $755510.48    | 0.02%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Washington OR                                                          | WASHINGTON CNTY OR                                           | CUSIP: 938234UQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4645000 | PA      | $5324672.66   | 0.13%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington County Industrial Development Authority                                | ARLINGTON CNTY VA INDL DEV AUTH MF REVENUE                   | CUSIP: 04144PDW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1362534.34   | 0.03%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Energy Finance Development Corp                                         | NEW YORK ENERGY FIN DEV CORP                                 | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2566252.32   | 0.06%             | 2056-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GLC5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |    525000 | PA      | $566593.34    | 0.01%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XBS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1406240.47   | 0.03%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                    | TEXAS ST TURNPIKE AUTH CENTRLTX TURNPIKE SYS REVENUE         | CUSIP: 882762FB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4945000 | PA      | $4694092.18   | 0.11%             | 2027-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JME5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1178897.22   | 0.03%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EBW7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8033262.40   | 0.20%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sparks NV Special Improvement District No 1                              | SPARKS NV SPL IMPT DIST #1                                   | CUSIP: 846561AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $445231.16    | 0.01%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 4072722R3<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   3825000 | PA      | $4007694.62   | 0.10%             | 2041-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE          | CUSIP: 645424BK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2631453.21   | 0.06%             | 2042-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Albany Capital Resource Corp                                                     | ALBANY NY CAPITAL RESOURCE CORP                              | CUSIP: 012432DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $371330.60    | 0.01%             | 2044-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SPL TAX REVENUE                  | CUSIP: 13051AJZ2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035924.70   | 0.03%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                                | VENICE FL                                                    | CUSIP: 922687AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $441461.77    | 0.01%             | 2030-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532JT2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512456.45    | 0.01%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ Excise Tax Revenue                                           | GLENDALE AZ SENIOR EXCISE TAX REVENUE                        | CUSIP: 378307BW1<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1391790.38   | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EZD1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1305158.90   | 0.03%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                        | ANNE ARUNDEL CNTY MD                                         | CUSIP: 03588JJD5<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   6115000 | PA      | $6892131.50   | 0.17%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X5D6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2311444.94   | 0.06%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $414027.90    | 0.01%             | 2045-07-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1532000 | PA      | $1515932.23   | 0.04%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                    | BUCKS CNTY PA INDL DEV AUTH                                  | CUSIP: 118612MQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1179259.50   | 0.03%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FKC7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203393.36    | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Board of Regents                                                         | ARIZONA BRD OF RGTS UNIV ARIZONA SYS REVENUE                 | CUSIP: 040484A49<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048832.00   | 0.03%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FJM8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971374.20    | 0.02%             | 2038-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YAV1<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |    660000 | PA      | $680255.60    | 0.02%             | 2045-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QW25<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2152849.69   | 0.05%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151ZM4<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   4005000 | PA      | $4407621.45   | 0.11%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YH3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4426418.00   | 0.11%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                            | KENTUCKY ST HSG CORP SF MTGE                                 | CUSIP: 491309ES5<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |    575000 | PA      | $641097.75    | 0.02%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                 | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                  | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   6435000 | PA      | $7249027.50   | 0.18%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637ATF9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1350904.50   | 0.03%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EU53<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1783145.95   | 0.04%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RQQ5<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506751.40    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532LV4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1786168.83   | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus-Franklin County Finance Authority                                       | COLUMBUS-FRANKLIN CNTY OH FIN AUTH MF HSG REVENUE            | CUSIP: 19910XAA4<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |    840000 | PA      | $855731.35    | 0.02%             | 2045-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant Regional Water District                                                  | TARRANT TX REGL WTR DIST WTR TRANSMISSION FACS CONTRACT REV  | CUSIP: 876448HR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7680000 | PA      | $8565485.57   | 0.21%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5505000 | PA      | $6126840.40   | 0.15%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                                      | JEA FL ELEC SYS REVENUE                                      | CUSIP: 46613SSA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2760000 | PA      | $3174653.29   | 0.08%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | HARRIS CNTY-HOUSTON TX SPORTSAUTH REVENUE                    | CUSIP: 413890FX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $996212.70    | 0.02%             | 2025-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 658909QW9<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1576225.99   | 0.04%             | 2049-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Reunion Metropolitan District                                                    | REUNION MET DIST CO SPL REVENUE                              | CUSIP: 76133UAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    703067 | PA      | $506862.28    | 0.01%             | 2044-12-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH LEASE RENT REVENUE                      | CUSIP: 63610TAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2192735.81   | 0.05%             | 2035-06-15      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAS6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1740107.95   | 0.04%             | 2050-09-01      | Floating      | 3.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                     | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX             | CUSIP: 167510AZ9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    250000 | PA      | $268725.80    | 0.01%             | 2036-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5325000 | PA      | $5788805.37   | 0.14%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT LTD OBLG REVENUE                                   | CUSIP: 40065HDV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1358069.08   | 0.03%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                    | DOYLESTOWN PA HOSP AUTH                                      | CUSIP: 261333HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $119321.18    | 0.00%             | 2039-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XJ0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1377280.67   | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647HL8<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   4270000 | PA      | $4642884.58   | 0.11%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlantic Beach FL                                                        | ATLANTIC BEACH FL HLTH CARE FACS REVENUE                     | CUSIP: 048251BV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $448696.02    | 0.01%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | WILLIAMSON CNTY TX                                           | CUSIP: 969888EC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1598465.26   | 0.04%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505RN8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056257.80   | 0.03%             | 2030-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505YX8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2145072.80   | 0.05%             | 2031-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | PLANO TX INDEP SCH DIST                                      | CUSIP: 727199E64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $2052729.94   | 0.05%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HSR7<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    355000 | PA      | $357039.55    | 0.01%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2808336.85   | 0.07%             | 2052-07-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135028.32    | 0.00%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SPL FAC REVENUE                  | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013092.20   | 0.05%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Contra Costa Unified School District                                        | W CONTRA COSTA CA UNIF SCH DIST                              | CUSIP: 952347WS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1353672.54   | 0.03%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of King WA                                                                | KING CNTY WA                                                 | CUSIP: 49474F6T2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6210000 | PA      | $6991701.76   | 0.17%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GLADIEUX METALS RECYCLING                                                        | Gladieux Metals Recycling DIP Term Loan                      | CUSIP: 000000000<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    214601 | PA      | $214601.13    | 0.01%             | 2025-10-19      | Floating      | 14.32%                | No            |                  3 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp                                      | KENTUCKY ST HGR EDU STUDENT LOAN CORP                        | CUSIP: 49130NHK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2720000 | PA      | $2788228.48   | 0.07%             | 2040-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Brooklyn Arena Local Development Corp                                            | BROOKLYN ARENA NY LOCAL DEV CORP PILOT REVENUE               | CUSIP: 113807BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501078.10    | 0.01%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                   | CUSIP: 29270C6U4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080211.10   | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $277879.70    | 0.01%             | 2045-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756Q6W2<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    715000 | PA      | $781335.34    | 0.02%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225RC2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1714573.95   | 0.04%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crystal Crossing Metropolitan District                                           | CRYSTAL CO CROSSING MET DIST                                 | CUSIP: 229199AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1545948.94   | 0.04%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HLTH CARE REVENUE                           | CUSIP: 40727RCK2<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517080.10    | 0.01%             | 2043-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727C79<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1373196.29   | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE               | CUSIP: 880461YM4<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |    750000 | PA      | $756919.50    | 0.02%             | 2050-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                    | CUSIP: 717903L71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018138.80   | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RKC8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2120000.00   | 0.05%             | 2032-01-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | HARRIS CNTY TX                                               | CUSIP: 414005VQ8<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1050921.59   | 0.03%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                       | STAMFORD CT HSG AUTH                                         | CUSIP: 852640AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2493267.88   | 0.06%             | 2033-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Minneapolis-St Paul Metropolitan Airports Commission                             | MINNEAPOLIS-SAINT PAUL MN MET ARPTS COMMISSION ARPT REVENUE  | CUSIP: 603827P91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5375595.50   | 0.13%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FBB0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1957037.00   | 0.05%             | 2037-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JQF8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4185000 | PA      | $4635566.73   | 0.11%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EBX5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5875000 | PA      | $5881636.99   | 0.14%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505SH0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2504130.25   | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QSE4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1766548.67   | 0.04%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                  | CUSIP: 346843WN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3640000 | PA      | $3844633.88   | 0.09%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL HOSP REVENUE       | CUSIP: 647370HU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1294723.62   | 0.03%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                              | RHODE ISLAND ST STUDENT LOAN AUTH STUDENT LOAN REVENUE       | CUSIP: 762315RJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $491252.90    | 0.01%             | 2037-12-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                                | AUSTIN TX CMNTY CLG DIST                                     | CUSIP: 052403KC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086453.90   | 0.03%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MFW6<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    690000 | PA      | $689735.25    | 0.02%             | 2052-04-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Water Works Board of the City of Birmingham/The                                  | BIRMINGHAM AL WTRWKS BRD REVENUE ANTICIPATION BOND           | CUSIP: 091097AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2035041.51   | 0.05%             | 2026-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT CMNTYS REVENUE                     | CUSIP: 74446CAD2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    655000 | PA      | $662361.09    | 0.02%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RKE4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  33825000 | PA      | $33825000.00  | 0.82%             | 2035-01-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | SOUTH DAKOTA ST HSG DEV AUTH                                 | CUSIP: 83756C6Z3<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |    575000 | PA      | $625278.06    | 0.02%             | 2055-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SBP0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4199252.80   | 0.10%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BMR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $197021.69    | 0.00%             | 2031-12-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167484QR8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5345000 | PA      | $5303939.18   | 0.13%             | 2026-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | UNIV OF COLORADO CO ENTERPRISE SYS REVENUE                   | CUSIP: 91417NJU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1204489.68   | 0.03%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1294375.25   | 0.03%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Arthur Independent School District                                          | PORT ARTHUR TX INDEP SCH DIST                                | CUSIP: 733505WM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2718610.00   | 0.07%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                          | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD MF HSG REVENUE       | CUSIP: 499652AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $692845.15    | 0.02%             | 2029-09-01      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UZM3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    635000 | PA      | $582012.93    | 0.01%             | 2038-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS                         | CUSIP: 88275FYZ6<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   2905000 | PA      | $3198868.64   | 0.08%             | 2054-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                     | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3022266 | PA      | $2953113.23   | 0.07%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP MF MTGE REVENUE                      | CUSIP: 34074HHM7<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2006749.38   | 0.05%             | 2043-10-01      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203HP71<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $474176.50    | 0.01%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2335344.00   | 0.06%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Duncanville Independent School District/TX                                       | DUNCANVILLE TX INDEP SCH DIST                                | CUSIP: 265138MN4<br>LEI: 549300YIY0B3WJWC9N46 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1165983.97   | 0.03%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145RC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500301.45    | 0.01%             | 2038-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000408.50   | 0.12%             | 2032-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJS8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1428760.25   | 0.03%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   7880000 | PA      | $8428552.80   | 0.20%             | 2055-03-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532MM3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1228688.66   | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rochester MN                                                             | ROCHESTER MN HLTH CARE FACS REVENUE                          | CUSIP: 771902HN6<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |  17050000 | PA      | $17050000.00  | 0.41%             | 2064-11-15      | Floating      | 2.70%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DMA4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505378.65    | 0.01%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH REVENUE                         | CUSIP: 54811GH78<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2171016.35   | 0.05%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GLJ0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2220489.38   | 0.05%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE | CUSIP: 842469DH8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    385000 | PA      | $415948.69    | 0.01%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Harris TX                                                              | HARRIS CNTY TX                                               | CUSIP: 414005C30<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rockland County Economic Assistance Corp                                         | ROCKLAND CNTY NY ECON ASSISTANCE CORP REVENUE                | CUSIP: 77356HAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1147433.09   | 0.03%             | 2055-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Irving Independent School District                                               | IRVING TX INDEP SCH DIST                                     | CUSIP: 463813L29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6350000 | PA      | $7133085.81   | 0.17%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Fort Bend Water Authority                                                  | N FORT BEND TX WTR AUTH WTR SYS REVENUE                      | CUSIP: 65944RRY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527639.75    | 0.01%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH LEASE REVENUE           | CUSIP: 18610RCD4<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    750000 | PA      | $773431.05    | 0.02%             | 2034-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NCP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086221.30   | 0.03%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974E5U6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   4790000 | PA      | $5130918.67   | 0.12%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                  | CUSIP: 346843WL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3280000 | PA      | $3516605.42   | 0.09%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225KN5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1685264.43   | 0.04%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116EP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2418702.27   | 0.06%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Klein Independent School District                                                | KLEIN TX INDEP SCH DIST                                      | CUSIP: 498531UL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1433444.65   | 0.03%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YFY2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5246582.00   | 0.13%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153AL3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2035000 | PA      | $2236946.89   | 0.05%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | UNIV OF HOUSTON TX UNIV REVENUES                             | CUSIP: 914302KF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1090871.80   | 0.03%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                              | DENTON CNTY TX SPL ASSMNT REVENUE                            | CUSIP: 24880GAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $829269.98    | 0.02%             | 2035-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Branch Independent School District                                        | SPRING BRANCH TX INDEP SCH DIST                              | CUSIP: 849476XK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2180165.60   | 0.05%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Davis Joint Unified School District                                              | DAVIS CA JT UNIF SCH DIST YOLO CNTY                          | CUSIP: 238848DW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $737768.78    | 0.02%             | 2034-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION MF HSG REVENUE              | CUSIP: 93978PPV3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    255000 | PA      | $262032.72    | 0.01%             | 2028-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207X42<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    635000 | PA      | $683709.58    | 0.02%             | 2054-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KGJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1829364.75   | 0.04%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3673079 | PA      | $3412197.78   | 0.08%             | 2038-01-20      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTH HOSP REVENUE                   | CUSIP: 546395N26<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001856.70   | 0.02%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                   | SACRAMENTO CNTY CA ARPT SYS REVENUE                          | CUSIP: 786107WQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5645000 | PA      | $6280520.31   | 0.15%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LD6<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1211974.06   | 0.03%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525S58<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $542784.45    | 0.01%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Del Valle Independent School District TX                                         | DEL VALLE TX INDEP SCH DIST                                  | CUSIP: 245505XL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1665759.33   | 0.04%             | 2036-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $256028.11    | 0.01%             | 2041-06-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DCM4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $511404.60    | 0.01%             | 2050-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama Housing Finance Authority                                                | ALABAMA ST HSG FIN AUTH SF MTGE REVENUE                      | CUSIP: 01030RLM2<br>LEI: 549300VFN7EHPOFS7D76 | Long             | DBT              | MUN               | US        |   4185000 | PA      | $4572169.00   | 0.11%             | 2055-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | PRIV CLGS & UNIVS AUTH GA                                    | CUSIP: 74265L3K2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11016601.00  | 0.27%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South San Antonio Independent School District/TX                                 | SOUTH SAN ANTONIO TX INDEP SCH DIST                          | CUSIP: 839856N49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3852134.30   | 0.09%             | 2030-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404Q3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3155000 | PA      | $3480217.08   | 0.08%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654WT8<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1961323.47   | 0.05%             | 2054-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                           | NEW YORK ST ENERGY RESEARCH & DEV AUTH POLL CONTROL REVENUE  | CUSIP: 649845HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $122739.14    | 0.00%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PQ81<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4255000 | PA      | $1271034.45   | 0.03%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WS64<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2789788.05   | 0.07%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                    | CUSIP: 717903L63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020719.20   | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1489388.20   | 0.04%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5855000 | PA      | $5322663.40   | 0.13%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                      | DIST OF COLUMBIA HSG FIN AGY MF HSG MTGE REVENUE             | CUSIP: 25477TAX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045696.30   | 0.03%             | 2028-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS RESDL MTG REVENUE       | CUSIP: 882750SX1<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1924156.86   | 0.05%             | 2053-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Southglenn Metropolitan District                                                 | SOUTHGLENN CO MET DIST SPL REVENUE                           | CUSIP: 84437RAG2<br>LEI: 549300ETN4YRI5O2PU39 | Long             | DBT              | MUN               | US        |   1457000 | PA      | $1360883.17   | 0.03%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4099509.20   | 0.10%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Home Corp                                                            | MISSISSIPPI ST HOME CORP SF MTGE REVENUE                     | CUSIP: 60535QYQ7<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |    350000 | PA      | $345967.06    | 0.01%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Westerly Metropolitan District No 4                                              | WESTERLY MET DIST #4 CO                                      | CUSIP: 957568AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1831117.50   | 0.04%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                | CUSIP: 180848YU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $644205.72    | 0.02%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FAC8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6028238.40   | 0.15%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Caldwell County Municipal Utility District No 2                                  | CALDWELL CNTY TX MUNI UTILITY DIST #2                        | CUSIP: 12900AAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1004460.69   | 0.02%             | 2043-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH SOL WST REVENUE                     | CUSIP: 71884RAA0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9998546.00   | 0.24%             | 2035-12-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Alaska Industrial Development & Export Authority                                 | ALASKA ST INDL DEV & EXPORT AUTH PWR REVENUE                 | CUSIP: 011908EA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400827.68   | 0.03%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Industrial Development Authority                                  | CHESTER CNTY PA INDL DEV AUTH                                | CUSIP: 165588FP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $349102.08    | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XHK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1199991.66   | 0.03%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP REVENUE                              | CUSIP: 34074MP70<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    970000 | PA      | $1058415.69   | 0.03%             | 2054-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kansas City Planned Industrial Expansion Authority                               | KANSAS CITY MO PLANNED INDL EXPANSION AUTH MF HSG REVENUE    | CUSIP: 48507MAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $768858.53    | 0.02%             | 2045-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $760240.39    | 0.02%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1048030.22   | 0.03%             | 2041-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727J72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    800000 | PA      | $836096.24    | 0.02%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                    | NEW JERSEY ST TURNPIKE AUTH TURNPIKE REVENUE                 | CUSIP: 646140JN4<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5607556.50   | 0.14%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136EY3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    550000 | PA      | $377516.26    | 0.01%             | 2035-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308YC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969666.70    | 0.02%             | 2034-02-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Military Installation Development Authority                                      | MILITARY INSTALLATION DEV AUTH UT TAX ALLOCATION REVENUE     | CUSIP: 599772AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944468.80    | 0.02%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Union NC                                                               | UNION CNTY NC                                                | CUSIP: 9063954L9<br>LEI: 5493007ESG9QHLUW6165 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2810449.50   | 0.07%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA ST STWD CMNTYS DEV AUTH MFH REVENUE               | CUSIP: 13079PZS5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |     55000 | PA      | $57366.29     | 0.00%             | 2028-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Kendall County Water Control & Improvement District No 2B                        | KENDALL CNTY TX WC&ID #2B                                    | CUSIP: 48872RAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1145910.60   | 0.03%             | 2037-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST MENTAL HLTH CAPITAL FACS                             | CUSIP: 677587DP9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033834.10   | 0.03%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HSC0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2687200.14   | 0.07%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74527EFX1<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    455000 | PA      | $401157.17    | 0.01%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 478                                  | HARRIS CNTY TX MUNI UTILITY DIST #478 CONTRACT REVENUE       | CUSIP: 41431KAR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1231218.64   | 0.03%             | 2041-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MB83<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   3065000 | PA      | $3369783.91   | 0.08%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HOSP FACS REVENUE                           | CUSIP: 353187CR6<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1860462.77   | 0.05%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EDZ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $238499.55    | 0.01%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE | CUSIP: 60528ACA0<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 0.05%             | 2035-11-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE               | CUSIP: 880461NP9<br>LEI: 25490004PSQYQLFJGI76 | Long             | DBT              | MUN               | US        |    265000 | PA      | $265554.99    | 0.01%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Reno-Tahoe Airport Authority                                                     | RENO-TAHOE NV ARPT AUTH ARPT REVENUE                         | CUSIP: 759874BU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1181701.88   | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Affordable Housing Corp                                              | TEXAS ST AFFORDABLE HSG CORP MF HSG REVENUE                  | CUSIP: 88271FFP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $407439.92    | 0.01%             | 2044-07-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA Special Tax District No 2020-1                 | SAN FRANCISCO CA CITY & CNTY SPL TAX DIST NO 2020-1          | CUSIP: 79771JAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $931010.06    | 0.02%             | 2038-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063DQY7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1342068.91   | 0.03%             | 2037-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Spartanburg Regional Health Services District                                    | SPARTANBURG SC REGL HLTH SVCS DIST INC HOSP REVENUE          | CUSIP: 847113DU8<br>LEI: 549300CVHLQ72HQF3340 | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2883481.74   | 0.07%             | 2031-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JHU5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2235844.12   | 0.05%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756Q8B6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2420000 | PA      | $2663793.46   | 0.06%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UMA3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069048.30   | 0.03%             | 2038-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Town of Morehead City NC                                                         | MOREHEAD CITY NC MFH REVENUE                                 | CUSIP: 616587AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1377809.34   | 0.03%             | 2028-01-01      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| City of Valdez AK                                                                | VALDEZ AK MARINE TERMINAL REVENUE                            | CUSIP: 919061EH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1150000.00   | 0.03%             | 2029-12-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL HLTH CARE FACS REVENUE                 | CUSIP: 14055GAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4945228.93   | 0.12%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FJZ8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1068934.29   | 0.03%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063DLL0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1153382.42   | 0.03%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576GY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1587821.85   | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rockland County Economic Assistance Corp                                         | ROCKLAND CNTY NY ECON ASSISTANCE CORP REVENUE                | CUSIP: 77356HAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2975998.06   | 0.07%             | 2055-11-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4101977.20   | 0.10%             | 2052-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308V35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8420000 | PA      | $9342761.27   | 0.23%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lammersville Joint Unified School District                                       | LAMMERSVILLE CA JT UNIF SCH DIST SPL TAX                     | CUSIP: 513533JU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $813472.00    | 0.02%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Creekside Village Metropolitan District                                          | CREEKSIDE VLG MET DIST CO                                    | CUSIP: 225513AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $479601.10    | 0.01%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Trade                                                           | US 10YR ULTRA FUT DEC25                                      | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              |  | US        |      -679 | NC      | $-479977.67   | -0.01%            |  |  |  | No            |                  1 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654TM7<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1230683.12   | 0.03%             | 2053-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWR REVENUE                        | CUSIP: 74526YLM5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1703125.00   | 0.04%             | 2030-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp                                        | MONROE CNTY NY INDL DEV AGY MF HSG REVENUE                   | CUSIP: 61075NAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1409915.67   | 0.03%             | 2028-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                               | WHITING IN ENVRNMNTL FACS REVENUE                            | CUSIP: 96634RAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4585000 | PA      | $4799537.19   | 0.12%             | 2044-06-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 8828546W7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1424138.88   | 0.03%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                     | WEST VIRGINIA ST ECON DEV AUTH SOL WST DISP FACS             | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1575856.69   | 0.04%             | 2055-01-01      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MUH2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    910000 | PA      | $991571.22    | 0.02%             | 2054-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH INS  | CUSIP: 546275AC2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044471.40   | 0.03%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Farmville Industrial Development Authority                                       | FARMVILLE VA INDL DEV AUTH FACS REVENUE                      | CUSIP: 311617AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514688.95    | 0.01%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE      | CUSIP: 64972LBC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4360000 | PA      | $5058144.56   | 0.12%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                               | CUSIP: 56682HCC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1779332.45   | 0.04%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6445000 | PA      | $6894089.53   | 0.17%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                    | BUCKS CNTY PA INDL DEV AUTH                                  | CUSIP: 118612MS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $673774.99    | 0.02%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FBE4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3103652.10   | 0.08%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285AFP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5020000 | PA      | $5556813.20   | 0.14%             | 2038-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525S33<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    840000 | PA      | $924447.55    | 0.02%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH MIDWESTERN DISASTER RELIEF REVENUE          | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1101772.34   | 0.03%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority/The                                             | BERKS CNTY PA MUNI AUTH                                      | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4427000 | PA      | $4008395.72   | 0.10%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442ELY4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1945187.20   | 0.05%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broadway Park North Metropolitan District No 2                                   | BROADWAY PARK NORTH MET DIST #2                              | CUSIP: 111561AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $817168.58    | 0.02%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | HOUSTON TX UTILITY SYS REVENUE                               | CUSIP: 44244CS24<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2737382.47   | 0.07%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JGM4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1204491.15   | 0.03%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 65889BBC7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $2076770.35   | 0.05%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525S25<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    730000 | PA      | $810848.01    | 0.02%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                      | CUSIP: 3137HH6N6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4960012 | PA      | $4381538.49   | 0.11%             | 2038-12-25      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA Community Facilities District No 2016-1        | SAN FRANCISCO CITY & CNTY CA CMNTY FACS DIST #2016-1 AREA #2 | CUSIP: 79773LAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $864621.73    | 0.02%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                     | CHARLOTTE-MECKLENBURG NC HOSP AUTH HLTH CARE SYS REVENUE     | CUSIP: 160853SR9<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4223625.84   | 0.10%             | 2034-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978TS42<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    340000 | PA      | $336649.71    | 0.01%             | 2050-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Waller Consolidated Independent School District                                  | WALLER TX INDEP SCH DIST                                     | CUSIP: 932493MT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3166550.40   | 0.08%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Thurston Public Schools                                                    | N THURSTON WA PUBLIC SCHS                                    | CUSIP: 66285THZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $2009835.45   | 0.05%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845UW8<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2671318.25   | 0.06%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAE2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2080625.80   | 0.05%             | 2029-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 13                                     | VLG FL CDD #13 SPL ASSMNT REVENUE                            | CUSIP: 92708HAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2670814.30   | 0.06%             | 2051-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| City of Sacramento CA                                                            | SACRAMENTO CA SPL TAX                                        | CUSIP: 786071SB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $2000004.29   | 0.05%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Los Angeles CA Community Facilities District No 2021-01                | LOS ANGELES CNTY CA CMNTY FACS DIST #2021-01 SPL TAX         | CUSIP: 54531MBD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $434741.68    | 0.01%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FPP3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2445000 | PA      | $2369946.08   | 0.06%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pine Forest Municipal Utility District                                           | PINE FOREST MUNI UTIL DIST TX                                | CUSIP: 72255PBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1131987.38   | 0.03%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Summit County Development Finance Authority                                      | SUMMIT CNTY OH DEV FIN AUTH MF HSG REVENUE                   | CUSIP: 86607MAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3755000 | PA      | $3867562.88   | 0.09%             | 2028-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499854.10    | 0.01%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KBU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $216471.05    | 0.01%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sacramento CA                                                            | SACRAMENTO CA SPL TAX                                        | CUSIP: 786071SL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $558580.74    | 0.01%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333P7E2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2390571.00   | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                            | UTILITY DEBT SECURITIZATION AUTH NY                          | CUSIP: 91802RGY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $922689.18    | 0.02%             | 2041-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153KQ1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3574595.13   | 0.09%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J50<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $906634.90    | 0.02%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Area Housing Finance Corp                                                | CAPITAL AREA HSG FIN CORP TX                                 | CUSIP: 139726CP6<br>LEI: 549300XICE1XLI0VXV87 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000517.80   | 0.05%             | 2041-01-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3299421.90   | 0.08%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp                                              | DALLAS TX HSG FIN CORP                                       | CUSIP: 235298BX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $202868.27    | 0.00%             | 2028-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145PH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1382253.00   | 0.03%             | 2051-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $800011.65    | 0.02%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                      | DIST OF COLUMBIA HSG FIN AGY MF HSG MTGE REVENUE             | CUSIP: 25477TBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $480667.39    | 0.01%             | 2029-03-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RTU3<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    405000 | PA      | $406249.10    | 0.01%             | 2044-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE               | CUSIP: 745160UD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1860000 | PA      | $1925095.72   | 0.05%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | MARYLAND ST                                                  | CUSIP: 574193QE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $584536.87    | 0.01%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                          | MONTGOMERY CNTY MD                                           | CUSIP: 6133408D3<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |  20385000 | PA      | $20385000.00  | 0.50%             | 2037-11-01      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486V97<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    450000 | PA      | $481500.90    | 0.01%             | 2043-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Miami University/Oxford OH                                                       | MIAMI UNIV OH                                                | CUSIP: 593791LN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106156.80   | 0.03%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7756377.00   | 0.19%             | 2051-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525X94<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1138739.16   | 0.03%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PD28<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4805000 | PA      | $4814385.13   | 0.12%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LDS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251550.88   | 0.03%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966141.90    | 0.02%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UFB9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    375000 | PA      | $349738.99    | 0.01%             | 2040-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                   | CUSIP: 130483GR5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    140000 | PA      | $142350.74    | 0.00%             | 2028-06-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Nebo School District Local Building Authority                                    | NEBO UT SCH DIST LOCAL BLDG AUTH LEASE REVENUE               | CUSIP: 639558AN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2910000 | PA      | $2652667.83   | 0.06%             | 2033-07-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106320.30   | 0.03%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT SPL ASSMNT   | CUSIP: 59561TAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $454028.85    | 0.01%             | 2035-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                   | CUSIP: 2510933J7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1361094.80   | 0.03%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL CHRTR SCH REVENUE                      | CUSIP: 14054YAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $1950595.25   | 0.05%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEP7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3815000 | PA      | $4166887.59   | 0.10%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CAE9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    280000 | PA      | $279904.07    | 0.01%             | 2027-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Lavon TX                                                                 | LAVON TX SPL ASSMT REVENUE                                   | CUSIP: 51946PCK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $337112.95    | 0.01%             | 2045-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104NF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512048.55    | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1085749.36   | 0.03%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE      | CUSIP: 45203PAB0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4960528.00   | 0.12%             | 2050-12-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203H5D0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501215.75   | 0.04%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153AG4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2641252.71   | 0.06%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153LU1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3850000 | PA      | $4282120.15   | 0.10%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPECIALTY PHARMECY LTD OBLIG            | CUSIP: 63610JAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $588035.26    | 0.01%             | 2038-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116EY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $277447.30    | 0.01%             | 2026-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC REVENUE                       | CUSIP: 74443DLD1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    105000 | PA      | $102498.88    | 0.00%             | 2054-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                          | Freddie Mac Multifamily ML Certificates                      | CUSIP: 3137HJZX8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   3760639 | PA      | $3695627.63   | 0.09%             | 2042-11-25      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080S2W3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7956200.00   | 0.19%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PPD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $829530.32    | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | TEXAS ST UNIV SYS FING REVENUE                               | CUSIP: 88278PJ47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1018283.15   | 0.02%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD | CUSIP: 04052FCQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $766544.26    | 0.02%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Glendale Community College District                                              | GLENDALE CA CMNTY CLG DIST                                   | CUSIP: 378394HQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $657927.70    | 0.02%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727D60<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1225809.56   | 0.03%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498LL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $551231.70    | 0.01%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036DC7<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1516510.52   | 0.04%             | 2038-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                         | WEST VIRGINIA ST HOSP FIN AUTH                               | CUSIP: 956622V84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1887329.80   | 0.05%             | 2042-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP REVENUE                              | CUSIP: 34074MW49<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1990838.45   | 0.05%             | 2054-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MF55<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   5290000 | PA      | $5896281.61   | 0.14%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Aubrey TX                                                                | AUBREY TX SPL ASSMNT                                         | CUSIP: 050197BV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501785.65    | 0.01%             | 2035-12-31      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EXEMPT FACS REVENUE                       | CUSIP: 74443QAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502108.50   | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                         | NEW JERSEY ST HGR EDU ASSISTANCE AUTH STUDENT LOAN REVENUE   | CUSIP: 646080YU9<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   3745000 | PA      | $4065038.71   | 0.10%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp                                              | DALLAS TX HSG FIN CORP                                       | CUSIP: 235298CE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1663331.27   | 0.04%             | 2030-08-01      | Floating      | 3.05%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145WL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3959023.07   | 0.10%             | 2044-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2707376.00   | 0.07%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp IV                                 | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP IV                  | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4304420.40   | 0.10%             | 2054-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAD4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4566470.50   | 0.11%             | 2032-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CC3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6348802.80   | 0.15%             | 2049-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                               | ASHLAND KY MED CENTER REVENUE                                | CUSIP: 044293BF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500771.45    | 0.01%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654CM5<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1490523.90   | 0.04%             | 2048-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brazoria County Industrial Development Corp                                      | BRAZORIA CNTY TX INDL DEV CORP SOLID WST DISP FACS REVENUE   | CUSIP: 10604PAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    134981 | PA      | $31045.65     | 0.00%             | 2043-06-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DHT2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2915000 | PA      | $3160208.63   | 0.08%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | CYPRESS-FAIRBANKS TX INDEP SCH DIST                          | CUSIP: 232769MA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1136443.00   | 0.03%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                | MISSISSIPPI ST BUSINESS FIN COMMISSION GULF OPPORTUNITY ZONE | CUSIP: 60528AAS3<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   9200000 | PA      | $9200000.00   | 0.22%             | 2030-12-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609TD47<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1064984.45   | 0.03%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637GDG1<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   7520000 | PA      | $8375084.91   | 0.20%             | 2055-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                              | LOS ANGELES CA HARBOR DEPT                                   | CUSIP: 544552C91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $398234.59    | 0.01%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                 | REGL CO TRANSPRTN DIST PRIV ACTIVITY REVENUE                 | CUSIP: 759151BP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515975.25    | 0.01%             | 2033-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2063566.89   | 0.05%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790KC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $483260.53    | 0.01%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE     | CUSIP: 54659LBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3045214.20   | 0.07%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu HI                                                     | HONOLULU CITY & CNTY HI                                      | CUSIP: 438687XP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1013714.77   | 0.02%             | 2034-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY AFFORDABLE HSG REVENUE               | CUSIP: 64987JEP2<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1656179.00   | 0.04%             | 2035-11-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH SF MTGE REVENUE                     | CUSIP: 041083B21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8250000 | PA      | $9025412.55   | 0.22%             | 2056-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532LT9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    780000 | PA      | $870041.02    | 0.02%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | PARK CREEK CO MET DIST REVENUE                               | CUSIP: 700387DM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5995927.80   | 0.15%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD REVENUE                                    | CUSIP: 88285AHK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2531716.70   | 0.06%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3459650.75   | 0.08%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                        | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |  10090000 | PA      | $10944941.84  | 0.27%             | 2049-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RSY6<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029782.20   | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506DV28<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006736.50   | 0.02%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Farmington NM                                                            | FARMINGTON NM POLL CONTROL REVENUE                           | CUSIP: 311450GE4<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |    450000 | PA      | $457612.70    | 0.01%             | 2040-06-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $436700.76    | 0.01%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QZS4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2325000 | PA      | $1598437.50   | 0.04%             | 2032-07-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SJT4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1935000 | PA      | $2078495.34   | 0.05%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Timnath Lakes Metropolitan District No 1                                         | TIMNATH LAKES MET DIST #1 CO                                 | CUSIP: 887430AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1313965 | PA      | $966922.40    | 0.02%             | 2052-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64985SNE9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1159472.05   | 0.03%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Inglewood Unified School District                                                | INGLEWOOD CA UNIF SCH DIST                                   | CUSIP: 457110PF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $809589.00    | 0.02%             | 2041-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS RESDL MTG REVENUE       | CUSIP: 882750QQ8<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1400905.40   | 0.03%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                          | WASHINGTON SUBURBAN SAN DIST MD                              | CUSIP: 940158LE6<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1272576.89   | 0.03%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO ST HSG & FIN AUTH                                   | CUSIP: 196480XC6<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   4085000 | PA      | $4057850.68   | 0.10%             | 2051-11-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | HARRIS CNTY-HOUSTON TX SPORTS AUTH REVENUE                   | CUSIP: 413890GW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3110000 | PA      | $3384778.76   | 0.08%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Williamson County Municipal Utility District No 51                               | WILLIAMSON CNTY TX MUNI UTILITY DIST #51                     | CUSIP: 97003AAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1333655.74   | 0.03%             | 2038-09-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A4Y9<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   3270000 | PA      | $3200036.39   | 0.08%             | 2037-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DWQ5<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2331449.66   | 0.06%             | 2038-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461367S4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1437462.05   | 0.03%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJW9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   6080000 | PA      | $6702548.22   | 0.16%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH MF REVENUE                                  | CUSIP: 46246JNL5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    650000 | PA      | $650820.17    | 0.02%             | 2026-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                              | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                   | CUSIP: 13068XLA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $893291.03    | 0.02%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XTX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $658467.73    | 0.02%             | 2035-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VQX5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000180.30   | 0.02%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                              | RHODE ISLAND ST STUDENT LOAN AUTH LOAN REVENUE               | CUSIP: 762323DD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $338785.16    | 0.01%             | 2043-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2391445.98   | 0.06%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | PLANO TX INDEP SCH DIST                                      | CUSIP: 727199F89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2020000 | PA      | $1975978.95   | 0.05%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  12285000 | PA      | $13384229.86  | 0.33%             | 2053-12-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | NEW JERSEY ST HSG & MTGE FIN AGY REVENUE                     | CUSIP: 64613ALU4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   6050000 | PA      | $6858376.20   | 0.17%             | 2056-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966JE77<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3920000 | PA      | $3920000.00   | 0.10%             | 2042-04-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FKR4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2193841.93   | 0.05%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-29

**Name of Applicant:** Capital Group Fixed Income ETF Trust

**Signature:** Scott Lewis

**Name of Signer:** Scott Lewis

**Title:** Analyst