# EDGAR Filing Document

**Accession Number:** 0001100663
**File Stem:** 0002071691-25-002337
**Filing Date:** 2025-9
**Character Count:** 327507
**Document Hash:** f2e026b9b86ec5da609920e0128d56d6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-002337.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0002071691-25-002337

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** iSHARES TRUST
- **CENTRAL INDEX KEY:** 0001100663

**ORGANIZATION NAME:**
- **EIN:** 943351276
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09729
- **FILM NUMBER:** 251347032

**BUSINESS ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105
- **BUSINESS PHONE:** (415) 670-2000

**MAIL ADDRESS:**
- **STREET 1:** 400 HOWARD STREET
- **CITY:** SAN FRANCISCO
- **STATE:** CA
- **ZIP:** 94105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ISHARES TRUST
- **DATE OF NAME CHANGE:** 19991213

## Series and Classes Contracts Data

### iShares iBonds Dec 2025 Term Muni Bond ETF (Series ID: S000063114)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000204675 | iShares iBonds Dec 2025 Term Muni Bond ETF | IBMN            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** iShares Trust

- **b. Investment Company Act file number:** 811-09729

- **c. CIK number of Registrant:** 0001100663

- **d. LEI of Registrant:** 5493000860OXIC4B5K91

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

  - **Street Address 1:** 400 Howard Street

  - **City:** San Francisco

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 94105

  - **Telephone number:** 800-474-2737

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

- **a. Name of Series:** iShares iBonds Dec 2025 Term Muni Bond ETF

- **b. EDGAR series identifier (if any):** S000063114

- **c. LEI of Series:** 549300HWKQDCKU6G0739

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $439337866.35

**Total Liabilities:** $66807.53

**Net Assets:** $439271058.82

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 4019.89000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

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

- **3-Month:** 16.10000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000204675 | 0.29%                | 0.24%                | 0.23%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $0.00                    | $546797.81                                 |
| Month 2  | $0.23                    | $251007.46                                 |
| Month 3  | $156.84                  | $288192.37                                 |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                    | Title                                                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2015E-3                                        | CUSIP: 59261AWK9<br>LEI: 5493000TKYODLXADQD60 | Long             | STIV             | MUN               | US        |   2550000 | PA      | $2550000.00   | 0.58%             | 2050-11-15      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority             | Connecticut State Health & Educational Facilities Authority, Series 2013A                    | CUSIP: 20775DTU6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | STIV             | MUN               | US        |  15000000 | PA      | $15000000.00  | 3.41%             | 2042-07-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                      | State of Louisiana, Series 2019A                                                             | CUSIP: 54641CAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $731472.92    | 0.17%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                      | State of Minnesota, Series 2017E                                                             | CUSIP: 60412AKM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145589.27    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority, Series 2017C-1                                         | CUSIP: 89602RCC7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    690000 | PA      | $695069.84    | 0.16%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California, Series C                                                                | CUSIP: 13063DDP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $475000.00    | 0.11%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2022C                                                               | CUSIP: 64966QYZ7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    170000 | PA      | $170000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                             | California State University, Series 2021A                                                    | CUSIP: 13077DRA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $311973.09    | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark                                                         | County of Clark, Series 2016A                                                                | CUSIP: 180848QP1<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    555000 | PA      | $558340.27    | 0.13%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2008L-3                                                             | CUSIP: 64966G4N9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | STIV             | MUN               | US        |   5600000 | PA      | $5600000.00   | 1.27%             | 2036-04-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                         | State of Hawaii, Series FH                                                                   | CUSIP: 419792MG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $316269.45    | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2018-1               | CUSIP: 64971W7M6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $347125.99    | 0.08%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Frisco Independent School District                                      | Frisco Independent School District, Series 2016A                                             | CUSIP: 35880CTP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $420392.15    | 0.10%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California Department of Water Resources                       | State of California Department of Water Resources, Series AX                                 | CUSIP: 13067WNQ1<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |    330000 | PA      | $333040.95    | 0.08%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Hampshire                                                  | State of New Hampshire, Series 2020D                                                         | CUSIP: 6446826W1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $544519.69    | 0.12%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Indianapolis Department of Public Utilities Water System        | City of Indianapolis Department of Public Utilities Water System, Series 2016B               | CUSIP: 455412AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $376498.54    | 0.09%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston Combined Utility System                                 | City of Houston Combined Utility System, Series 2018C                                        | CUSIP: 44244CN94<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  10000000 | PA      | $10000000.00  | 2.28%             | 2034-05-15      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                 | Massachusetts School Building Authority, Series 2016B                                        | CUSIP: 576000UX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $146031.53    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2020                                                | CUSIP: 7092248P7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | STIV             | MUN               | US        |   3100000 | PA      | $3100000.00   | 0.71%             | 2039-12-01      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| Palomar Community College District                                      | Palomar Community College District, Series C                                                 | CUSIP: 697511DS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600000.00    | 0.14%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                    | State of Connecticut, Series H                                                               | CUSIP: 20772JZC9<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    145000 | PA      | $146027.30    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                            | Commonwealth of Pennsylvania, Series 2016                                                    | CUSIP: 70914PB50<br>LEI: 549300WICSGUHKHF1T85 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1213638.35   | 0.28%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series D                                                | CUSIP: 13068LM93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220432.87    | 0.05%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco                                                   | City of San Francisco, Series A                                                              | CUSIP: 79765RH28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $523392.90    | 0.12%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver Airport System                                  | City & County of Denver Airport System, Series 2022C                                         | CUSIP: 249182RW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $191318.39    | 0.04%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                            | Commonwealth of Pennsylvania, Series 2016                                                    | CUSIP: 70914PD90<br>LEI: 549300WICSGUHKHF1T85 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1444329.94   | 0.33%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax                                        | State of Connecticut Special Tax, Series A                                                   | CUSIP: 207758TX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330000.00    | 0.08%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery                                                    | County of Montgomery, Series 2017C                                                           | CUSIP: 6133407L6<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |    205000 | PA      | $205840.05    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                           | Texas Water Development Board, Series 2018A                                                  | CUSIP: 882854G48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $844241.33    | 0.19%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District                                  | Los Angeles Community College District, Series 2024                                          | CUSIP: 54438CC26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600000.00    | 0.14%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia                                                    | City of Philadelphia Water & Wastewater, Series 2016                                         | CUSIP: 717893ZZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1164596.15   | 0.27%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Dallas                                                        | County of Dallas, Series 2016                                                                | CUSIP: 234650MZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500450.95    | 0.11%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Campbell Union High School District                                     | Campbell Union High School District, Series B                                                | CUSIP: 134159YC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Massachusetts Building Authority                          | University of Massachusetts Building Authority, Series 2015-1                                | CUSIP: 914440PZ9<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |    105000 | PA      | $105636.42    | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                     | Leander Independent School District, Series B                                                | CUSIP: 521841HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $134833.87    | 0.03%             | 2025-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System                       | North Texas Municipal Water District Water System, Series 2019                               | CUSIP: 662903VR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $355681.00    | 0.08%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System              | Trinity River Authority Central Regional Wastewater System, Series 2017                      | CUSIP: 89658HUW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $635000.00    | 0.14%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series B                                                | CUSIP: 13068XHX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235931.61    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Fairfax                                                       | County of Fairfax, Series 2018A                                                              | CUSIP: 30382AGD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $491999.59    | 0.11%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                            | Virginia Resources Authority, Series 2015                                                    | CUSIP: 92818PTV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40230.18     | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sumner                                                        | County of Sumner, Series 2020                                                                | CUSIP: 866407P78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151235.31    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newport Mesa Unified School District                                    | Newport Mesa Unified School District, Series 2007                                            | CUSIP: 652113UJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225000.00    | 0.05%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Sanitation Districts Financing Authority             | Los Angeles County Sanitation Districts Financing Authority, Series 2016A                    | CUSIP: 545149JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $336363.22    | 0.08%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Rios Community College District                                     | Los Rios Community College District, Series C                                                | CUSIP: 545624QC5<br>LEI: 549300POMNL5W7FEFO13 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                      | Virginia Public Building Authority, Series A                                                 | CUSIP: 928172N50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2018D                                                               | CUSIP: 64966MTR0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                     | State of Washington, Series 2004F                                                            | CUSIP: 93974AQ80<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    410000 | PA      | $406510.86    | 0.09%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                 | Dallas Fort Worth International Airport, Series 2020B                                        | CUSIP: 2350365S5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $487792.39    | 0.11%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                      | State of Louisiana, Series 2016D                                                             | CUSIP: 5464152V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120242.12    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                      | State of Minnesota, Series 2016B                                                             | CUSIP: 60412AFW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $315000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                      | Board of Regents of the University of Texas System, Series 2024A                             | CUSIP: 91514ALJ2<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225207.11    | 0.05%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | Metropolitan Transportation Authority Dedicated Tax Fund, Series 2016A                       | CUSIP: 59259N2S1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    605000 | PA      | $609427.63    | 0.14%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District                                  | Los Angeles Community College District, Series C-1                                           | CUSIP: 54438CYW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                | University of Utah (The), Series 2016A                                                       | CUSIP: 915183XA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75000.00     | 0.02%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis                                                         | City of Memphis Electric System, Series 2017                                                 | CUSIP: 586158PU5<br>LEI: 254900N4APYJWTAF5J46 | Long             | DBT              | MUN               | US        |    280000 | PA      | $282277.69    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                       | State of Delaware, Series 2009C                                                              | CUSIP: 2463803G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $793397.87    | 0.18%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2018B-1              | CUSIP: 64971XCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United Independent School District                                      | United Independent School District, Series 2015                                              | CUSIP: 910678B91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $410369.00    | 0.09%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lone Star College System                                                | Lone Star College System, Series 2017A                                                       | CUSIP: 542264HJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40037.62     | 0.01%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2018-1                                                              | CUSIP: 64966MRR2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    875000 | PA      | $875000.00    | 0.20%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                       | Delaware Transportation Authority, Series 2020                                               | CUSIP: 246419BK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $340691.80    | 0.08%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lone Star College System                                                | Lone Star College System, Series 2016                                                        | CUSIP: 542264GJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $270801.77    | 0.06%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                       | State of Illinois, Series 2020B                                                              | CUSIP: 4521526P1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003681.30   | 0.23%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston                                                         | City of Houston Combined Utility System, Series 1998A                                        | CUSIP: 4424366A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $19810.81     | 0.00%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Cook                                                          | County of Cook, Series 2021A                                                                 | CUSIP: 213185LS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $709357.46    | 0.16%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                               | Maine Municipal Bond Bank, Series 2018B                                                      | CUSIP: 56045RC80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $186055.78    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville                                                    | City of Jacksonville, Series 2024                                                            | CUSIP: 469487VH2<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    320000 | PA      | $321278.75    | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas                                                          | City of Dallas Waterworks & Sewer System, Series 2020C                                       | CUSIP: 23542JRK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $306241.14    | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Eugene                                                          | City of Eugene Electric Utility System, Series 2016A                                         | CUSIP: 298191L62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     35000 | PA      | $35000.00     | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                             | California State University, Series 2017A                                                    | CUSIP: 13077DAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $367323.15    | 0.08%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cleveland                                                       | City of Cleveland, Series 2015                                                               | CUSIP: 186343L23<br>LEI: 549300IQSLQPCVVMKJ96 | Long             | DBT              | MUN               | US        |    140000 | PA      | $141105.92    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Durham                                                        | County of Durham, Series 2015                                                                | CUSIP: 266705L67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $276103.60    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel                                                  | County of Anne Arundel, Series 2020                                                          | CUSIP: 03588HZH2<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    255000 | PA      | $255984.45    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of New Castle                                                    | County of New Castle, Series 2015                                                            | CUSIP: 64327TDW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2269141.47   | 0.52%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                 | Massachusetts Water Resources Authority, Series C                                            | CUSIP: 576051RZ1<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10000.00     | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                         | State of Hawaii, Series ET                                                                   | CUSIP: 419792AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135544.05    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New Hampshire                                                  | State of New Hampshire, Series 2017B                                                         | CUSIP: 6446823T1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $176464.72    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                      | State of Louisiana, Series 2016A                                                             | CUSIP: 5464153R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $310625.49    | 0.07%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063DQE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1014192.11   | 0.23%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton                                                      | County of Hamilton, Series 2021A                                                             | CUSIP: 407287MQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126033.63    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Delaware                                                       | State of Delaware, Series 2019A                                                              | CUSIP: 246381NY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225967.75    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                          | Central Puget Sound Regional Transit Authority, Series 2016S-1                               | CUSIP: 155048CX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $155987.80    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles                                                     | City of Los Angeles, Series 2018-B                                                           | CUSIP: 544351NG0<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |    170000 | PA      | $170369.50    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 229 Blue Valley              | Johnson County Unified School District No. 229 Blue Valley, Series 2023A                     | CUSIP: 4787004U8<br>LEI: 5493003GXPNLX2PTBN47 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1530964.89   | 0.35%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                 | University of Minnesota, Series 2019B                                                        | CUSIP: 914460TA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $276112.90    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin                                                          | City of Austin, Series 2020                                                                  | CUSIP: 052397ZM1<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |    295000 | PA      | $295580.94    | 0.07%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hampton Roads Sanitation District                                       | Hampton Roads Sanitation District, Series 2016A                                              | CUSIP: 409327HU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105000.00    | 0.02%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                | University of California, Series 2013AL-4                                                    | CUSIP: 91412GSK2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5700000 | PA      | $5700000.00   | 1.30%             | 2048-05-15      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| San Jose Unified School District                                        | San Jose Unified School District, Series C                                                   | CUSIP: 798186VJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $240000.00    | 0.05%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Palomar Community College District                                      | Palomar Community College District, Series 2010B                                             | CUSIP: 697511BK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325000.00    | 0.07%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery                                                    | County of Montgomery, Series 2022A                                                           | CUSIP: 61334PEK5<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | Port Authority of New York & New Jersey, Series 243                                          | CUSIP: 73358XKR2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126029.43    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade                                                    | County of Miami-Dade, Series B                                                               | CUSIP: 59333PR91<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    290000 | PA      | $291144.14    | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District                                  | Los Angeles Community College District, Series J                                             | CUSIP: 54438CWZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $215000.00    | 0.05%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                          | Central Puget Sound Regional Transit Authority, Series 2015S-1                               | CUSIP: 15504RGF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $332107.74    | 0.08%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton                                                      | County of Hamilton, Series 2016A                                                             | CUSIP: 407287MA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $236943.22    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                               | BlackRock Liquidity MuniCash Funds: Institutional Shares                                     | CUSIP: 09248U841<br>LEI: 549300RWBJ885673DL84 | Long             | STIV             | RF                | US        |  15747573 | NS      | $15747573.22  | 3.58%             |  |  |  | No            |                  1 | On Loan: No      |
| Massachusetts Development Finance Agency                                | Massachusetts Development Finance Agency, Series 2020A                                       | CUSIP: 57584YZJ1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251173.70    | 0.06%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh                                                         | City of Raleigh, Series 2016A                                                                | CUSIP: 751091SL4<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245536.01    | 0.06%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Municipal Bond Bank                                             | Vermont Municipal Bond Bank, Series 5                                                        | CUSIP: 924214WA3<br>LEI: 54930081EMY8D1GYM846 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115935.48    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2020B-1              | CUSIP: 64971XMT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $166016.78    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palo Alto Unified School District                                       | Palo Alto Unified School District, Series 2008-2                                             | CUSIP: 697379TD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $580000.00    | 0.13%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade                                                    | County of Miami-Dade Water & Sewer System, Series 2017B                                      | CUSIP: 59334DJX3<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    220000 | PA      | $220867.97    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University (The)                                             | Ohio State University (The), Series 2023A1                                                   | CUSIP: 677632P39<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | STIV             | MUN               | US        |  10000000 | PA      | $10000000.00  | 2.28%             | 2043-06-01      | Variable      | 1.95%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority Clean Water Revolving Fund                 | Virginia Resources Authority Clean Water Revolving Fund, Series 2015                         | CUSIP: 92817LRK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65275.16     | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund      | Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2020B             | CUSIP: 67766WZP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252100.88    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Council                                                    | Metropolitan Council, Series 2021B                                                           | CUSIP: 591852Z43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1059424.07   | 0.24%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                   | California Infrastructure & Economic Development Bank, Series 2017                           | CUSIP: 13034ARY8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100421.84    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis                                                         | City of Memphis, Series 2020A                                                                | CUSIP: 586145Y57<br>LEI: 254900N4APYJWTAF5J46 | Long             | DBT              | MUN               | US        |    305000 | PA      | $307481.05    | 0.07%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Commissioner of Highways                                  | West Virginia Commissioner of Highways, Series 2017A                                         | CUSIP: 95649ACK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $751385.70    | 0.17%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Adams                                                         | County of Adams, Series 2015                                                                 | CUSIP: 005596DW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151206.68    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                       | New Hampshire Municipal Bond Bank, Series 2016D                                              | CUSIP: 64465PS74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100092.05    | 0.02%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio                                                     | City of San Antonio, Series 2020                                                             | CUSIP: 79623PFE0<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                      | Board of Regents of the University of Texas System, Series 2017C                             | CUSIP: 91514AHG3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    330000 | PA      | $330303.77    | 0.08%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery                                                    | County of Montgomery, Series 2019A                                                           | CUSIP: 61334PBB8<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1106806.36   | 0.25%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series C                                                                   | CUSIP: 64966L5B3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2105000.00   | 0.48%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2005E-1                                        | CUSIP: 59261AM38<br>LEI: 5493000TKYODLXADQD60 | Long             | STIV             | MUN               | US        |   2300000 | PA      | $2300000.00   | 0.52%             | 2035-11-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                   | Sacramento Municipal Utility District, Series 2021I                                          | CUSIP: 786005D47<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180178.09    | 0.04%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series C                                                                   | CUSIP: 64966MJJ9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1105000.00   | 0.25%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                             | California Educational Facilities Authority, Series 2015A                                    | CUSIP: 1301786D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95400.36     | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                            | District of Columbia Water & Sewer Authority, Series 2024B, Sub-Series B-1                   | CUSIP: 254845UH1<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | STIV             | MUN               | US        |   3700000 | PA      | $3700000.00   | 0.84%             | 2054-10-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                              | Denver City & County School District No. 1, Series 2017A                                     | CUSIP: 24919PJX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277082.96    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel                                                  | County of Anne Arundel, Series 2016                                                          | CUSIP: 03588HPH3<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    480000 | PA      | $481853.09    | 0.11%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Public School and College Authority                             | Alabama Public School & College Authority, Series 2020A                                      | CUSIP: 010609FD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150863.63    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2023A-1                                                             | CUSIP: 64966QE55<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    130000 | PA      | $130264.51    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware County Authority                                               | Delaware County Authority, Series 2016                                                       | CUSIP: 246008PA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60484.04     | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                          | Central Puget Sound Regional Transit Authority, Series 2015S-1                               | CUSIP: 15504RFV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $860448.83    | 0.20%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                             | California State University, Series 2018A                                                    | CUSIP: 13077DEG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $508214.22    | 0.12%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gwinnett County School District                                         | Gwinnett County School District, Series 2022B                                                | CUSIP: 403755Y39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $360000.00    | 0.08%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Seminole                                                      | County of Seminole, Series 2005B                                                             | CUSIP: 816691EU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $80358.02     | 0.02%             | 2025-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Monterey                                                      | County of Monterey, Series 2017                                                              | CUSIP: 612448PJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $281172.61    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                    | State of Connecticut, Series 2022D                                                           | CUSIP: 20772KRQ4<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1318888.59   | 0.30%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washoe County School District                                           | Washoe County School District, Series 2017C                                                  | CUSIP: 940859AZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60239.08     | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                          | State of Maryland Department of Transportation, Series 2018                                  | CUSIP: 574203NY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131061.87    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                       | State of Maryland, Series 2015B                                                              | CUSIP: 574193LG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $335000.00    | 0.08%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Harris                                                        | County of Harris, Series 2017A                                                               | CUSIP: 414005XG8<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |    170000 | PA      | $170703.31    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                | University of Utah (The), Series 2016A                                                       | CUSIP: 915183WK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                            | Virginia Resources Authority, Series 2016A                                                   | CUSIP: 92818L3N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200683.24    | 0.05%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust (The)                                   | Massachusetts Clean Water Trust (The), Series 2014                                           | CUSIP: 57605AFK7<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1565000.00   | 0.36%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Delaware                                                  | University of Delaware, Series 2024B                                                         | CUSIP: 91425MAY3<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 1.14%             | 2034-11-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| State of California Department of Water Resources                       | State of California Department of Water Resources, Series AW                                 | CUSIP: 13067WLT7<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100921.50    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Series B-1                                     | CUSIP: 64972JLC0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    465000 | PA      | $465000.00    | 0.11%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                              | Illinois Finance Authority, Series 2015                                                      | CUSIP: 45203HZ54<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    585000 | PA      | $589621.15    | 0.13%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DeSoto Independent School District                                      | DeSoto Independent School District, Series 2020                                              | CUSIP: 241722FN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199759.32    | 0.05%             | 2025-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 402 Franklin Pierce                   | Pierce County School District No. 402 Franklin Pierce, Series 2016                           | CUSIP: 720594MN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131050.15    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2012G-2                                        | CUSIP: 59259Y7S2<br>LEI: 5493000TKYODLXADQD60 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 1.14%             | 2032-11-01      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2017B                                                                  | CUSIP: 677522VK7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    615000 | PA      | $616841.56    | 0.14%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu                                               | City & County of Honolulu, Series C                                                          | CUSIP: 4386705D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65257.90     | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | Metropolitan Transportation Authority Dedicated Tax Fund, Series B-1                         | CUSIP: 59259N3Y7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70512.29     | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Minnesota                                                 | University of Minnesota, Series 2017B                                                        | CUSIP: 914460QV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1124145.01   | 0.26%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063DWH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $362255.98    | 0.08%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Charleston                                                    | County of Charleston, Series 2015C                                                           | CUSIP: 160069WZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $316941.12    | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series A                                                                   | CUSIP: 64966LV81<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    320000 | PA      | $320000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                      | Long Beach Unified School District, Series 2016                                              | CUSIP: 542433QY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority, Series 2023A                                           | CUSIP: 89602RHX6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503673.80    | 0.11%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Forsyth                                                       | County of Forsyth, Series 2019                                                               | CUSIP: 346593JB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135272.39    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Volusia County School Board                                             | Volusia County School Board, Series 2016A                                                    | CUSIP: 92884EJB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax                                        | State of Connecticut Special Tax, Series B                                                   | CUSIP: 207758VC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425000.00    | 0.10%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                  | Round Rock Independent School District, Series 2016                                          | CUSIP: 779240LA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | Port Authority of New York & New Jersey, Series 230                                          | CUSIP: 73358XDX7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    145000 | PA      | $145716.76    | 0.03%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                               | Maine Municipal Bond Bank, Series 2016A                                                      | CUSIP: 56045RWG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $385727.69    | 0.09%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Charleston                                                    | County of Charleston, Series 2017A                                                           | CUSIP: 160069YL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100616.23    | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2021B                                               | CUSIP: 709225DE3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    190000 | PA      | $191405.22    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California, Series 2021                                                             | CUSIP: 13063DE95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225563.49    | 0.05%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs Utilities System                               | City of Colorado Springs Utilities System, Series 2009C                                      | CUSIP: 196632GW7<br>LEI: 2549003N3PXBHQH2V448 | Long             | STIV             | MUN               | US        |   1725000 | PA      | $1725000.00   | 0.39%             | 2028-11-01      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| Pittsburgh Water & Sewer Authority                                      | Pittsburgh Water & Sewer Authority, Series 2017A                                             | CUSIP: 725304TT6<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195360.28    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu                                               | City & County of Honolulu, Series 2019A                                                      | CUSIP: 438687GH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $305600.64    | 0.07%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California Department of Water Resources                       | State of California Department of Water Resources, Series BD                                 | CUSIP: 13067WSE3<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126151.88    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                      | Denton Independent School District, Series 2016                                              | CUSIP: 249002EB8<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |    210000 | PA      | $210186.06    | 0.05%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Santa Clara                                                   | County of Santa Clara, Series 2022D                                                          | CUSIP: 801546RX2<br>LEI: 254900JSVO2QQ5A3DV83 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                      | State of Wisconsin, Series 2017-2                                                            | CUSIP: 97705MJH9<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    345000 | PA      | $347160.91    | 0.08%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuPage County Forest Preserve District                                  | DuPage County Forest Preserve District, Series 2025                                          | CUSIP: 262651VF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $402191.76    | 0.09%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District Water System                       | North Texas Municipal Water District Water System, Series 2015                               | CUSIP: 662903PQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $415796.09    | 0.09%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax         | Metropolitan Transit Authority of Harris County Sales & Use Tax, Series A                    | CUSIP: 41422EFP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $155972.10    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                  | Round Rock Independent School District, Series 2019A                                         | CUSIP: 779240NM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $640000.00    | 0.15%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series 2023C                                            | CUSIP: 13068XGZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $415816.55    | 0.09%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation                     | Metropolitan Washington Airports Authority Aviation, Series 2019B                            | CUSIP: 592647GV7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200761.96    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California Department of Water Resources                       | State of California Department of Water Resources, Series BA                                 | CUSIP: 13067WQL9<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55506.83     | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Water District                                            | Orange County Water District, Series 2003A                                                   | CUSIP: 684421CB4<br>LEI: 549300KBQTX6CMJ3U708 | Long             | STIV             | MUN               | US        |  13000000 | PA      | $13000000.00  | 2.96%             | 2042-08-01      | Variable      | 2.35%                 | No            |                  2 | On Loan: No      |
| City of Austin Water & Wastewater System                                | City of Austin Water & Wastewater System, Series 2021                                        | CUSIP: 052477ME3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $538701.72    | 0.12%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Virginia Beach                                                  | City of Virginia Beach, Series 2020A                                                         | CUSIP: 927747ED3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $387828.83    | 0.09%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                     | Leander Independent School District, Series A                                                | CUSIP: 521841GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $329606.71    | 0.08%             | 2025-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                      | State of Minnesota, Series 2015D                                                             | CUSIP: 60412AK51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300000.00   | 0.30%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063D4H8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $943901.56    | 0.21%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series T                                                                      | CUSIP: 677522QZ0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    180000 | PA      | $181113.77    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                        | Ohio Water Development Authority, Series 2019A                                               | CUSIP: 677660US9<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |    560000 | PA      | $564705.96    | 0.13%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County College District                                         | Tarrant County College District, Series 2020                                                 | CUSIP: 87638KBU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $295268.39    | 0.07%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hillsborough Utility                                          | County of Hillsborough Utility, Series 2016                                                  | CUSIP: 432347MA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2016A                                                                  | CUSIP: 677523AG7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5000.00      | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                            | Commonwealth of Pennsylvania, Series 2022                                                    | CUSIP: 70914PX56<br>LEI: 549300WICSGUHKHF1T85 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1134649.61   | 0.26%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu                                               | City & County of Honolulu, Series 2019C                                                      | CUSIP: 438687HU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.03%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte                                                       | City of Charlotte                                                                            | CUSIP: 161037U61<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50394.97     | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund      | Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2015A             | CUSIP: 67766WWX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $680672.36    | 0.15%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                      | Austin Independent School District, Series 2023                                              | CUSIP: 052430VJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $355000.00    | 0.08%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                              | Michigan Finance Authority, Series 2021B                                                     | CUSIP: 59447TW90<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    385000 | PA      | $386571.11    | 0.09%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Alabama                                                        | State of Alabama, Series 2016C                                                               | CUSIP: 010411BP0<br>LEI: 549300TKZX0YNENZC895 | Long             | DBT              | MUN               | US        |    285000 | PA      | $285000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Snohomish County School District No. 4 Lake Stevens                     | Snohomish County School District No. 4 Lake Stevens, Series 2016                             | CUSIP: 833124QF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70558.42     | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                   | Tennessee State School Bond Authority, Series B                                              | CUSIP: 880558KA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $563436.72    | 0.13%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                      | State of Wisconsin, Series 2016-2                                                            | CUSIP: 97705MEB7<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    370000 | PA      | $371403.74    | 0.08%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Clean Water Trust (The)                                   | Massachusetts Clean Water Trust (The), Series 22                                             | CUSIP: 575829FA9<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California, Series B                                                                | CUSIP: 13063CYE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $360751.21    | 0.08%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Community College District                                    | San Diego Community College District, Series 2016                                            | CUSIP: 797272PC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                               | Maine Municipal Bond Bank, Series A                                                          | CUSIP: 56045RQN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140798.97    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel                                                  | County of Anne Arundel, Series 2018                                                          | CUSIP: 03588HVG8<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215830.03    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                  | Iowa Finance Authority, Series 2015                                                          | CUSIP: 46246K2P6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    875000 | PA      | $875000.00    | 0.20%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                          | State of Texas, Series 2018A                                                                 | CUSIP: 882724FE2<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    275000 | PA      | $275000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago Waterworks                                              | City of Chicago Waterworks, Series 2016A-1                                                   | CUSIP: 167736G27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201040.28    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                               | New Jersey Economic Development Authority, Series B                                          | CUSIP: 64577BE42<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    975000 | PA      | $978404.51    | 0.22%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery                                                    | County of Montgomery, Series 2017A                                                           | CUSIP: 6133408A9<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |     75000 | PA      | $75464.07     | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                               | Maine Municipal Bond Bank, Series D                                                          | CUSIP: 56045RZM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301712.07    | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority, Series 2005B-3                                         | CUSIP: 89602RKE4<br>LEI: 54930020ZN4LQF7K3456 | Long             | STIV             | MUN               | US        |   1675000 | PA      | $1675000.00   | 0.38%             | 2035-01-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Coast Community College District                                        | Coast Community College District, Series 2017D                                               | CUSIP: 190335HM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063DVP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $316973.98    | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2008J-9                                                             | CUSIP: 64966MHX0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel                                                  | County of Anne Arundel, Series 2021                                                          | CUSIP: 03588HS64<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    170000 | PA      | $170656.30    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | Metropolitan Transportation Authority Dedicated Tax Fund, Series 2008A-2A                    | CUSIP: 59260XBE7<br>LEI: 5493000TKYODLXADQD60 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.46%             | 2026-11-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                      | Board of Regents of the University of Texas System, Series 2016E                             | CUSIP: 91514AEU5<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    310000 | PA      | $310285.36    | 0.07%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                         | San Diego Public Facilities Financing Authority, Series 2016B                                | CUSIP: 79730CGQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $510000.00    | 0.12%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio                                                     | City of San Antonio, Series 2018                                                             | CUSIP: 79623PAG0<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    370000 | PA      | $370000.00    | 0.08%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Sanitation Districts Financing Authority             | Los Angeles County Sanitation Districts Financing Authority, Series 2021A                    | CUSIP: 545149KV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $296200.44    | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series A-1                                            | CUSIP: 59261ALM7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    185000 | PA      | $186218.95    | 0.04%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spokane County School District No. 356 Central Valley                   | Spokane County School District No. 356 Central Valley, Series 2018                           | CUSIP: 848797QA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90730.05     | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Series 2019A-1                                 | CUSIP: 64972JET1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30000.00     | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System              | Trinity River Authority Central Regional Wastewater System, Series 2016                      | CUSIP: 89658HUD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $340000.00    | 0.08%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin                                                      | County of Hennepin, Series 2020B                                                             | CUSIP: 425507KF6<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008067.40   | 0.23%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark                                                         | County of Clark, Series 2016B                                                                | CUSIP: 180848RW5<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    565000 | PA      | $568400.45    | 0.13%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cincinnati                                                      | City of Cincinnati Water System, Series B                                                    | CUSIP: 172311LB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100823.54    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                            | Virginia Resources Authority, Series 2015A                                                   | CUSIP: 92818PTW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95546.68     | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Series 2015A                                             | CUSIP: 6499077C0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    255000 | PA      | $255984.45    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                           | Alabama Federal Aid Highway Finance Authority, Series A                                      | CUSIP: 010268BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $991870.21    | 0.23%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority                              | Massachusetts Bay Transportation Authority, Series 2000A, Sub-Series A-2                     | CUSIP: 575567VS8<br>LEI: 549300D2U0XBUXGX8P68 | Long             | STIV             | MUN               | US        |    900000 | PA      | $900000.00    | 0.20%             | 2030-03-01      | Variable      | 2.20%                 | No            |                  2 | On Loan: No      |
| County of Iredell                                                       | County of Iredell, Series 2016                                                               | CUSIP: 46267VAV4<br>LEI: 549300NE65QUOJ0ETV20 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25203.37     | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                 | South Carolina Public Service Authority, Series 2025B                                        | CUSIP: 8371515W5<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2029564.82   | 0.46%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                       | Austin Community College District, Series 2015                                               | CUSIP: 052403ER9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Manhattan Beach Unified School District                                 | Manhattan Beach Unified School District, Series 2002E                                        | CUSIP: 562785GN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $189589.81    | 0.04%             | 2025-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Austin                                                          | City of Austin, Series 2016                                                                  | CUSIP: 052397DJ2<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |    610000 | PA      | $611201.27    | 0.14%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Orange                                                        | County of Orange Water Utility System, Series 2020                                           | CUSIP: 684554EY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $421706.84    | 0.10%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs                                                | City of Colorado Springs Utilities System, Series 2015A                                      | CUSIP: 196632WD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $448169.87    | 0.10%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 415 Kent                                | King County School District No. 415 Kent, Series 2018                                        | CUSIP: 495278V75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226742.02    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Forsyth                                                       | County of Forsyth, Series 2015                                                               | CUSIP: 346623DW8<br>LEI: 549300QZDXNB40E8SI64 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201647.08    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark                                                         | County of Clark, Series 2018B                                                                | CUSIP: 180848XR9<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    280000 | PA      | $282261.87    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                             | Foothill-De Anza Community College District, Series 2003B                                    | CUSIP: 345102DP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160000.00    | 0.04%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                          | Wayne County Airport Authority, Series 2018C                                                 | CUSIP: 944514ZR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100722.82    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California, Series 2016                                                             | CUSIP: 13063CW71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $680859.18    | 0.15%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin Water & Wastewater System                                | City of Austin Water & Wastewater System, Series 2016                                        | CUSIP: 052477XS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40260.47     | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series A-2                                                 | CUSIP: 709224ZF9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    560000 | PA      | $564404.85    | 0.13%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Arlington                                                     | County of Arlington, Series 2020A                                                            | CUSIP: 041431UN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                           | Commonwealth of Massachusetts, Series E                                                      | CUSIP: 57582PBC3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    180000 | PA      | $181141.11    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs                                                | City of Colorado Springs Utilities System, Series 2018A-1                                    | CUSIP: 196632H97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $523704.12    | 0.12%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2020A                                               | CUSIP: 709225AA4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 1.14%             | 2050-12-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2016                 | CUSIP: 64971WUS7<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 1.14%             | 2041-08-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| City of Austin Water & Wastewater System                                | City of Austin Water & Wastewater System, Series 2024                                        | CUSIP: 052477XW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100691.91    | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                      | State of Wisconsin, Series 2016-2                                                            | CUSIP: 97705MEL5<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2213779.70   | 0.50%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                    | State of Mississippi, Series 2015F                                                           | CUSIP: 605581GZ4<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    300000 | PA      | $301878.15    | 0.07%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series 2022A                                            | CUSIP: 13068XAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1135000.00   | 0.26%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2016A                                                                  | CUSIP: 677522JU9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165335.73    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North East Independent School District                                  | North East Independent School District, Series 2018                                          | CUSIP: 659155KG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40000.00     | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                   | Sacramento Municipal Utility District, Series 2022J                                          | CUSIP: 786005E46<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100098.94    | 0.02%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                               | Dallas Area Rapid Transit, Series 2020A                                                      | CUSIP: 235241UF1<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    205000 | PA      | $206594.06    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Plano                                                           | City of Plano, Series 2017A                                                                  | CUSIP: 727177TV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $270579.96    | 0.06%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063CT91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1372858.78   | 0.31%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris                                                        | County of Harris, Series B                                                                   | CUSIP: 414005UW6<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |    425000 | PA      | $426758.27    | 0.10%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook                                                          | County of Cook, Series 2021B                                                                 | CUSIP: 213185MC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100333.22    | 0.02%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063CZ37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180375.61    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University (The)                                             | Ohio State University (The), Series 2017                                                     | CUSIP: 677632J28<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |    280000 | PA      | $282221.24    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Transportation Trust Fund Metropolitan Highway System     | Massachusetts Transportation Trust Fund Metropolitan Highway System, Series 2010A-1          | CUSIP: 57563CBF8<br>LEI: 549300CGDCL8XZK3KN03 | Long             | STIV             | MUN               | US        |   4470000 | PA      | $4470000.00   | 1.02%             | 2037-01-01      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority Water Pollution Control Loan Fund      | Ohio Water Development Authority Water Pollution Control Loan Fund, Series 2015B             | CUSIP: 67766WXA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $272268.95    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Johnson                                                       | County of Johnson, Series 2018A                                                              | CUSIP: 47844PKL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $345681.41    | 0.08%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Public Building Commission                               | Johnson County Public Building Commission, Series 2018A                                      | CUSIP: 478497E22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265500.88    | 0.06%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Community College District                                  | Napa Valley Community College District, Series 2005B                                         | CUSIP: 630360CP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.11%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Jose Evergreen Community College District                           | San Jose Evergreen Community College District, Series 2015                                   | CUSIP: 798189MF0<br>LEI: 5493006H31JIFYW6Z091 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125279.14    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2021C                                                               | CUSIP: 64966QPM6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1645000.00   | 0.37%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax         | Metropolitan Transit Authority of Harris County Sales & Use Tax, Series 2015B                | CUSIP: 41422EFG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $437728.15    | 0.10%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston                                                         | City of Houston Combined Utility System, Series 2002C                                        | CUSIP: 44244CZP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135997.12    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                      | Denton Independent School District, Series 2020                                              | CUSIP: 249002GS9<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |    205000 | PA      | $205181.63    | 0.05%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu                                               | City & County of Honolulu, Series E                                                          | CUSIP: 438687CA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $320630.18    | 0.07%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                       | New Hampshire Municipal Bond Bank, Series 2018B                                              | CUSIP: 64465P4K1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170156.49    | 0.04%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin Water & Wastewater System                                | City of Austin Water & Wastewater System, Series 2020C                                       | CUSIP: 052477VV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45293.03     | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard                                                        | County of Howard, Series 2020A                                                               | CUSIP: 44256PVR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $240225.70    | 0.05%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Arkansas                                                  | University of Arkansas, Series 2023                                                          | CUSIP: 914073FQ9<br>LEI: 549300FFADBQ3NEI2D96 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201181.86    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                          | Central Puget Sound Regional Transit Authority, Series 2015S-1                               | CUSIP: 15504RGE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1534740.33   | 0.35%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Sanitation Agencies Financing Authority             | Northern California Sanitation Agencies Financing Authority, Series 2021                     | CUSIP: 786134WN2<br>LEI: 549300MSDPX3EYMUYV38 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201851.08    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Michigan                                                  | University of Michigan, Series 2012-A                                                        | CUSIP: 914455LP3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3200000 | PA      | $3200000.00   | 0.73%             | 2036-04-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Santa Fe Public School District                                         | Santa Fe Public School District, Series 2015                                                 | CUSIP: 802088LY8<br>LEI: 54930082JUO16DJWGD91 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 122 Ridgefield                         | Clark County School District No. 122 Ridgefield, Series 2017                                 | CUSIP: 181342GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55444.30     | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series 2018C                                            | CUSIP: 13068L2M6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $407425.22    | 0.09%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Transportation State Highway Fund                   | Texas Department of Transportation State Highway Fund, Series 2016A                          | CUSIP: 88283LKJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1817355.66   | 0.41%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series A-2                                            | CUSIP: 59261ADJ3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150988.34    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                           | Commonwealth of Massachusetts, Series 2018E                                                  | CUSIP: 57582RTX4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150312.86    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta                                                         | City of Atlanta, Series 2022A1                                                               | CUSIP: 047772H43<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252058.85    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                   | Mississippi Hospital Equipment & Facilities Authority, Series 2020I                          | CUSIP: 605360TM8<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    275000 | PA      | $275829.02    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Union High School District                                    | San Mateo Union High School District, Series 2002B                                           | CUSIP: 799017CG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $299349.84    | 0.07%             | 2025-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Financing Authority                                     | Sacramento City Financing Authority, Series E                                                | CUSIP: 785849VA5<br>LEI: 549300D8GE38KYE3NW14 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25244.41     | 0.01%             | 2025-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                         | State of Hawaii, Series FN                                                                   | CUSIP: 419792SE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $622498.60    | 0.14%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California Department of Water Resources                       | State of California Department of Water Resources, Series AZ                                 | CUSIP: 13067WPU0<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |    525000 | PA      | $529837.88    | 0.12%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                   | California Infrastructure & Economic Development Bank, Series 2018                           | CUSIP: 13034AYM6<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    335000 | PA      | $336413.16    | 0.08%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Camino Community College District Fountation (The)                   | El Camino Community College District Fountation (The), Series 2012C                          | CUSIP: 282726DM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100000.00   | 0.25%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                          | State of Maryland Department of Transportation, Series 2018                                  | CUSIP: 574204L50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502015.00    | 0.11%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                           | Commonwealth of Massachusetts, Series 2006B                                                  | CUSIP: 57582PAF7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1348104.93   | 0.31%             | 2025-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Escondido Union High School District                                    | Escondido Union High School District, Series A                                               | CUSIP: 296353KQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60000.00     | 0.01%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                            | Commonwealth of Pennsylvania, Series 2015                                                    | CUSIP: 70914PXU1<br>LEI: 549300WICSGUHKHF1T85 | Long             | DBT              | MUN               | US        |    145000 | PA      | $145138.08    | 0.03%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                     | Virginia College Building Authority, Series 2017A                                            | CUSIP: 92778WEU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130265.62    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin Water & Wastewater System                                | City of Austin Water & Wastewater System, Series 2016                                        | CUSIP: 052477D29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15097.68     | 0.00%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu                                               | City & County of Honolulu, Series B                                                          | CUSIP: 438687BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $480945.26    | 0.11%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monmouth County Improvement Authority (The)                             | Monmouth County Improvement Authority (The), Series 2022B                                    | CUSIP: 60956PB35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105871.77    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax         | Metropolitan Transit Authority of Harris County Sales & Use Tax                              | CUSIP: 41422EHW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100627.16    | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                       | State of Illinois, Series 2017D                                                              | CUSIP: 452152Q46<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2373128.68   | 0.54%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063DB56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115966.86    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                | University of California, Series 2013AL-1                                                    | CUSIP: 91412GSJ5<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5965000 | PA      | $5965000.00   | 1.36%             | 2048-05-15      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| City of Seattle                                                         | City of Seattle Water System, Series 2017                                                    | CUSIP: 812728VK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania State University (The)                                     | Pennsylvania State University (The), Series B                                                | CUSIP: 709235RB3<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |    365000 | PA      | $365378.29    | 0.08%             | 2025-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                              | Denver City & County School District No. 1, Series 2018A                                     | CUSIP: 249174WE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $641153.28    | 0.15%             | 2025-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Clark County School District No. 114 Evergreen                          | Clark County School District No. 114 Evergreen, Series 2018                                  | CUSIP: 181234L86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $337604.93    | 0.08%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                      | State of Minnesota, Series 2017B                                                             | CUSIP: 60412ALW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135548.63    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Area Community College District                                | Pasadena Area Community College District, Series 2023A1                                      | CUSIP: 702185FR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3275000.00   | 0.75%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Arlington                                                       | City of Arlington, Series 2015                                                               | CUSIP: 041796MW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $155139.17    | 0.04%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                              | Michigan Finance Authority, Series 2017A-MI                                                  | CUSIP: 59447TQD8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    255000 | PA      | $256885.95    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri State Board of Public Buildings                                | Missouri State Board of Public Buildings, Series 2020B                                       | CUSIP: 606341MB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $838449.89    | 0.19%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rancho Water District Financing Authority                               | Rancho Water District Financing Authority, Series 2017A                                      | CUSIP: 752111MQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                    | Colorado Health Facilities Authority, Series 2022A                                           | CUSIP: 19648FVZ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100479.74    | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 512 Shawnee Mission          | Johnson County Unified School District No. 512 Shawnee Mission, Series 2016B                 | CUSIP: 478740SY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250910.13    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Henry County School District                                            | Henry County School District, Series 2016                                                    | CUSIP: 426362MH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                    | District of Columbia, Series 2019A                                                           | CUSIP: 25476FXC7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1206033.96   | 0.27%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                      | Virginia Public Building Authority, Series 2020A                                             | CUSIP: 9281725D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2019A                                               | CUSIP: 709224Q93<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    215000 | PA      | $216691.15    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Rios Community College District                                     | Los Rios Community College District, Series E                                                | CUSIP: 545624RN0<br>LEI: 549300POMNL5W7FEFO13 | Long             | DBT              | MUN               | US        |    130000 | PA      | $130000.00    | 0.03%             | 2025-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Port of Tacoma                                                          | Port of Tacoma, Series 2008B                                                                 | CUSIP: 735439NE7<br>LEI: 549300MLYO8L64QKXV81 | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.68%             | 2044-12-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                               | University of Connecticut, Series 2018A                                                      | CUSIP: 914225GR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100682.22    | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis                                                         | City of Memphis Sanitary Sewerage System, Series 2020B                                       | CUSIP: 586200SE8<br>LEI: 254900N4APYJWTAF5J46 | Long             | DBT              | MUN               | US        |    455000 | PA      | $456825.96    | 0.10%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2021B                                               | CUSIP: 709225CH7<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    800000 | PA      | $806292.64    | 0.18%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                             | California State University, Series 2016A                                                    | CUSIP: 13077C3G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125486.84    | 0.03%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                   | Long Beach Community College District, Series 2017G                                          | CUSIP: 542411LX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                 | Massachusetts Water Resources Authority, Series B                                            | CUSIP: 576049V64<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1015000.00   | 0.23%             | 2025-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                               | Private Colleges & Universities Authority, Series B                                          | CUSIP: 74265LL48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $436716.21    | 0.10%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                           | Kentucky State Property & Building Commission, Series A                                      | CUSIP: 49151F3P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501972.65    | 0.11%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                  | State of West Virginia, Series 2018B                                                         | CUSIP: 956553ZW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151215.15    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Infrastructure Bank                                          | New Jersey Infrastructure Bank, Series 2015A-1                                               | CUSIP: 645791F41<br>LEI: 5493006ZE03IRA2BET07 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110222.88    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                   | Tennessee State School Bond Authority, Series 2019A                                          | CUSIP: 880558LP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $377301.38    | 0.09%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority, Series 2005B-2A                                        | CUSIP: 89602RGK5<br>LEI: 54930020ZN4LQF7K3456 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 1.14%             | 2032-01-01      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage                                               | Municipality of Anchorage, Series D                                                          | CUSIP: 0331614G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145264.60    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                       | New Hampshire Municipal Bond Bank, Series 2015A                                              | CUSIP: 64465PC30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $230211.72    | 0.05%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                  | Round Rock Independent School District, Series 2019B                                         | CUSIP: 779240PC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2015F-5                                                             | CUSIP: 64966LU41<br>LEI: 549300ABYZD2SFD5JB29 | Long             | STIV             | MUN               | US        |   5400000 | PA      | $5400000.00   | 1.23%             | 2044-06-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| County of Will                                                          | County of Will, Series 2015A                                                                 | CUSIP: 968657GV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55202.42     | 0.01%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of New Castle                                                    | County of New Castle, Series 2015                                                            | CUSIP: 64327TDU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1571330.27   | 0.36%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia                                                    | City of Philadelphia Water & Wastewater, Series 2017B                                        | CUSIP: 717893E31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352094.79    | 0.08%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                       | New Hampshire Municipal Bond Bank, Series 2022C                                              | CUSIP: 64465QKS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105096.65    | 0.02%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District                                               | Oak Grove School District, Series A                                                          | CUSIP: 671205ZG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.01%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                        | Virginia Public School Authority, Series 2016A                                               | CUSIP: 92818HEC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $280000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series 2019C                                            | CUSIP: 13068L4G7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301796.46    | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Nashua                                                          | City of Nashua, Series 2021                                                                  | CUSIP: 631298GQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140282.48    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greenville County School District                                       | Greenville County School District, Series 2023                                               | CUSIP: 396066JD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504084.10    | 0.11%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Hawaii                                                    | University of Hawaii, Series B                                                               | CUSIP: 91428LHC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115428.40    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                           | Commonwealth of Massachusetts, Series 2016C                                                  | CUSIP: 57582RKZ8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    815000 | PA      | $818422.51    | 0.19%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                  | Round Rock Independent School District, Series 2019                                          | CUSIP: 779240MX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                      | Virginia Public Building Authority, Series B                                                 | CUSIP: 928172Q65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Frederick                                                     | County of Frederick, Series 2019A                                                            | CUSIP: 35569PKB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $280000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2018B                                          | CUSIP: 59261AWW3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100658.89    | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cincinnati                                                      | City of Cincinnati, Series 2016A                                                             | CUSIP: 172217XH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150741.48    | 0.03%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Norfolk                                                         | City of Norfolk, Series 2015B                                                                | CUSIP: 656009KT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125760.80    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis                                                     | City of Minneapolis, Series 2019                                                             | CUSIP: 60375BGE0<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200988.64    | 0.05%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2017C-1                                        | CUSIP: 59261APR2<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    470000 | PA      | $473096.78    | 0.11%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                   | California Infrastructure & Economic Development Bank, Series 2019                           | CUSIP: 13034RAC7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    235000 | PA      | $235000.00    | 0.05%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2023B-1              | CUSIP: 64971XZ68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60369.74     | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                       | Austin Community College District, Series 2021                                               | CUSIP: 052403HN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $415000.00    | 0.09%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                         | State of Oregon, Series 2023G                                                                | CUSIP: 68609UFN0<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    640000 | PA      | $640000.00    | 0.15%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                          | State of Maryland Department of Transportation, Series 2021B                                 | CUSIP: 574204S87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352800.07    | 0.08%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| 91 Express Lanes Toll Road                                              | 91 Express Lanes Toll Road, Series 2023                                                      | CUSIP: 68441MBD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100099.73    | 0.02%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                             | California State University, Series 2020A                                                    | CUSIP: 13077DFY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125795.60    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo County Community College District                             | San Mateo County Community College District, Series 2002A                                    | CUSIP: 799038BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $129732.29    | 0.03%             | 2025-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax                                         | District of Columbia Income Tax, Series 2022C                                                | CUSIP: 25477GVF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $282305.91    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                         | State of Hawaii, Series FE                                                                   | CUSIP: 419792JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200806.00    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Essex                                                         | County of Essex, Series 2017                                                                 | CUSIP: 296804C47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin Water & Wastewater System                                | City of Austin Water & Wastewater System, Series 2016                                        | CUSIP: 052477D37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55380.55     | 0.01%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Series 2025, Sub-Series H-3                    | CUSIP: 64972JSG4<br>LEI: 5493003476LG35QAKM08 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.23%             | 2054-11-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                            | District of Columbia Water & Sewer Authority, Series 2019B                                   | CUSIP: 254845QG8<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195789.15    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                             | California State University, Series 2019A                                                    | CUSIP: 13077DGM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95604.66     | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Rios Community College District                                     | Los Rios Community College District, Series 2017                                             | CUSIP: 545624PD4<br>LEI: 549300POMNL5W7FEFO13 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2016C                                                                  | CUSIP: 67759HHV9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    145000 | PA      | $146145.41    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monmouth County Improvement Authority (The)                             | Monmouth County Improvement Authority (The), Series 2019B                                    | CUSIP: 60956PVP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $272241.70    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2022A-1              | CUSIP: 64971XB31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226386.52    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2023E-1              | CUSIP: 64971X4M7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $583574.13    | 0.13%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California, Series 2016                                                             | CUSIP: 13063CB58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $190396.47    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palo Alto Unified School District                                       | Palo Alto Unified School District, Series 2022                                               | CUSIP: 697379XY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | Metropolitan Transportation Authority Dedicated Tax Fund, Series 2017A                       | CUSIP: 59259N6A6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    140000 | PA      | $141020.49    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund | Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund, Series 2017B        | CUSIP: 76221UEF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135550.91    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Sanitation Agencies Financing Authority             | Northern California Sanitation Agencies Financing Authority, Series 2015                     | CUSIP: 786134VE3<br>LEI: 549300MSDPX3EYMUYV38 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District                                  | Los Angeles Community College District, Series 2015C                                         | CUSIP: 54438CUT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425000.00    | 0.10%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Huntsville                                                      | City of Huntsville, Series 2017E                                                             | CUSIP: 447025E45<br>LEI: 549300FQXH802SS93031 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115705.76    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                          | State of Texas, Series 2016A                                                                 | CUSIP: 882723K99<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                          | Florida Municipal Power Agency, Series 2019A                                                 | CUSIP: 342816Q57<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |    260000 | PA      | $261056.61    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carmel Unified School District                                          | Carmel Unified School District, Series 2016                                                  | CUSIP: 143231EZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2022D, Sub-Series D1 | CUSIP: 64971XM96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1141994.21   | 0.26%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                    | State of Mississippi, Series 2015C                                                           | CUSIP: 605581FU6<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150589.26    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Series B-1                                     | CUSIP: 64972JKY3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Adams & Arapahoe Counties Joint School District 28J Aurora              | Adams & Arapahoe Counties Joint School District 28J Aurora, Series 2025                      | CUSIP: 0054824F8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009824.90   | 0.23%             | 2025-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority, Series 2016A                                           | CUSIP: 89602N5C4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    310000 | PA      | $312277.76    | 0.07%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Transportation Infrastructure Bank                       | South Carolina Transportation Infrastructure Bank, Series 2021B                              | CUSIP: 837152VW4<br>LEI: 549300YI1NMCP4VLJN43 | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1962812.38   | 0.45%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cincinnati                                                      | City of Cincinnati Water System, Series B                                                    | CUSIP: 172311LG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009544.00   | 0.46%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                         | State of Oregon, Series L                                                                    | CUSIP: 68609BV95<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                            | Virginia Resources Authority, Series 2015D                                                   | CUSIP: 92818MY95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85322.48     | 0.02%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore                                                     | County of Baltimore, Series 2015                                                             | CUSIP: 05914FXQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                      | Spring Independent School District, Series 2015                                              | CUSIP: 8500002W9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200181.96    | 0.05%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel                                                  | County of Anne Arundel, Series 2018                                                          | CUSIP: 03588HUD6<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55212.33     | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                             | Foothill-De Anza Community College District, Series 2016                                     | CUSIP: 345102MH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.03%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEA Electric System Revenue                                             | JEA Electric System, Series 2024A-3                                                          | CUSIP: 46613SRS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $953699.78    | 0.22%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2021A-1                                                             | CUSIP: 64966QLZ1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    235000 | PA      | $235000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series B                                                | CUSIP: 13068XHQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15061.69     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                      | Board of Regents of the University of Texas System, Series 2014B                             | CUSIP: 91514ABK0<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    610000 | PA      | $610561.51    | 0.14%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North East Independent School District                                  | North East Independent School District, Series 2015                                          | CUSIP: 659155GV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $310000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Indianapolis Department of Public Utilities Water System        | City of Indianapolis Department of Public Utilities Water System, Series 2018A               | CUSIP: 455412BF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160639.38    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | Long Island Power Authority, Series 2023D                                                    | CUSIP: 542691HU7<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | STIV             | MUN               | US        |  10000000 | PA      | $10000000.00  | 2.28%             | 2033-05-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Kitsap County School District No. 401 Central Kitsap                    | Kitsap County School District No. 401 Central Kitsap, Series 2016                            | CUSIP: 498098QX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $191534.84    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                  | Round Rock Independent School District, Series 2017                                          | CUSIP: 779240MF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Chesterfield                                                  | County of Chesterfield, Series 2016                                                          | CUSIP: 166409GE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201323.60    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                     | State of Washington, Series R-2017B                                                          | CUSIP: 93974DXP8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu                                               | City & County of Honolulu, Series A                                                          | CUSIP: 438670V65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $245932.91    | 0.06%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Charleston                                                    | County of Charleston, Series 2015D                                                           | CUSIP: 160069XF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65400.55     | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King                                                          | County of King, Series 2024                                                                  | CUSIP: 495290ET1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  10000000 | PA      | $10000000.00  | 2.28%             | 2042-01-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| County of Pierce                                                        | County of Pierce, Series A                                                                   | CUSIP: 720356D35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Monica-Malibu Unified School District                             | Santa Monica-Malibu Unified School District, Series E                                        | CUSIP: 802498VB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175000.00    | 0.04%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp.                           | New York State Environmental Facilities Corp., Series 2020B                                  | CUSIP: 64985HD79<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70362.20     | 0.02%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                            | State of Kansas Department of Transportation, Series 2015B                                   | CUSIP: 485424QF5<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1232502.68   | 0.28%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Snohomish                                                     | County of Snohomish, Series 2022                                                             | CUSIP: 833086DW8<br>LEI: 254900GIDXGQFYCOA089 | Long             | DBT              | MUN               | US        |    445000 | PA      | $448594.75    | 0.10%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater      | San Francisco City & County Public Utilities Commission Wastewater, Series 2018A             | CUSIP: 79768HED6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $205941.93    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard                                                        | County of Howard, Series 2019B                                                               | CUSIP: 44256PUL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125117.55    | 0.03%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Highway Improvement                                     | State of Nevada Highway Improvement, Series 2016                                             | CUSIP: 641480HX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $963025.34    | 0.22%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                      | Austin Independent School District, Series 2021                                              | CUSIP: 052430SG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series 2016C                                            | CUSIP: 13068LYS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135808.41    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District                                    | Rio Hondo Community College District, Series 2019B                                           | CUSIP: 767121DT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Highway & Transportation Commission                            | Missouri Highway & Transportation Commission, Series 2019B                                   | CUSIP: 60636WSP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201232.46    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Henry County School District                                            | Henry County School District, Series 2021                                                    | CUSIP: 426362ND7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160000.00    | 0.04%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Boston                                                          | City of Boston, Series 2022A                                                                 | CUSIP: 100853F62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201278.02    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                   | Sacramento Municipal Utility District, Series 2017E                                          | CUSIP: 786005ZF8<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |    210000 | PA      | $210207.77    | 0.05%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax                                        | State of Connecticut Special Tax, Series 2018C                                               | CUSIP: 207758YZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1074475.28   | 0.24%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                         | State of Hawaii, Series EZ                                                                   | CUSIP: 419792CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $496994.85    | 0.11%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of New Hanover                                                   | County of New Hanover, Series 2016                                                           | CUSIP: 6448004B7<br>LEI: 549300TDDH9O6TH23823 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin                                                          | City of Austin, Series 2015                                                                  | CUSIP: 052397AK2<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |    395000 | PA      | $395777.87    | 0.09%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon               | Tri-County Metropolitan Transportation District of Oregon, Series 2017A                      | CUSIP: 89546RNK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200388.76    | 0.05%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 512 Shawnee Mission          | Johnson County Unified School District No. 512 Shawnee Mission, Series 2015A                 | CUSIP: 478740RY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $828071.56    | 0.19%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2013A                                                                  | CUSIP: 677521F84<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    290000 | PA      | $290868.38    | 0.07%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hennepin                                                      | County of Hennepin, Series 2020A                                                             | CUSIP: 425507JK7<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |     90000 | PA      | $90726.07     | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Technical College                                           | Texas State Technical College, Series 2016                                                   | CUSIP: 882761BE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125364.43    | 0.03%             | 2025-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grapevine-Colleyville Independent School District                       | Grapevine-Colleyville Independent School District, Series 1998                               | CUSIP: 388640YV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $199781.04    | 0.05%             | 2025-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                 | Massachusetts School Building Authority, Series 2016A                                        | CUSIP: 576000UA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2492199.52   | 0.57%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                               | Dallas Area Rapid Transit, Series 2016A                                                      | CUSIP: 235241RN8<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |    570000 | PA      | $574500.38    | 0.13%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Washington                                                | University of Washington, Series 2015C                                                       | CUSIP: 91523NPK6<br>LEI: T8YS5W0N70BYCTHPA429 | Long             | DBT              | MUN               | US        |    180000 | PA      | $181452.13    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Wilmington                                                      | City of Wilmington, Series 2017                                                              | CUSIP: 971567QV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $55425.23     | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                       | Palm Beach County School District, Series 2022B                                              | CUSIP: 696550J37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $525000.00    | 0.12%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2019-2                                              | CUSIP: 709224M30<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.68%             | 2038-12-01      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| Long Beach Unified School District                                      | Long Beach Unified School District, Series A                                                 | CUSIP: 542433XK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento City Financing Authority                                     | Sacramento City Financing Authority, Series 2015A                                            | CUSIP: 785849WG1<br>LEI: 549300D8GE38KYE3NW14 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201770.28    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii                                                         | State of Hawaii, Series FG                                                                   | CUSIP: 419792LG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $471894.10    | 0.11%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series A-1                                                 | CUSIP: 709224YP8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    520000 | PA      | $524090.22    | 0.12%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Norfolk                                                         | City of Norfolk, Series A                                                                    | CUSIP: 655867TW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145584.35    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                      | Virginia Public Building Authority, Series 2020B                                             | CUSIP: 9281726A8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $650000.00    | 0.15%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County School Board                                              | Orange County School Board, Series 2017B                                                     | CUSIP: 684517SB2<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                 | Massachusetts Water Resources Authority, Series 2016C                                        | CUSIP: 576051A71<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25000.00     | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2017V                                                                  | CUSIP: 677522VF8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    445000 | PA      | $446823.52    | 0.10%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago                                                         | City of Chicago Waterworks, Series 2023B                                                     | CUSIP: 167736V61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50260.07     | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                       | State of Illinois, Series 2018A                                                              | CUSIP: 4521522H3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100368.13    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel                                                  | County of Anne Arundel, Series 2021                                                          | CUSIP: 03588HN85<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |     40000 | PA      | $40154.42     | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series C                    | CUSIP: 64971WYB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $623820.63    | 0.14%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                  | Lewisville Independent School District, Series 2016A                                         | CUSIP: 5288287G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $650599.17    | 0.15%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County School District                                       | Palm Beach County School District, Series 2018B                                              | CUSIP: 696550E99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $420000.00    | 0.10%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Transportation State Highway Fund                   | Texas Department of Transportation State Highway Fund, Series 2015                           | CUSIP: 88283LJX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $602438.34    | 0.14%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 410 Snoqualmie Valley                   | King County School District No. 410 Snoqualmie Valley, Series 2017                           | CUSIP: 495206QA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $398257.21    | 0.09%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California, Series 2017                                                             | CUSIP: 13063DBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $729543.29    | 0.17%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City Public Financing Authority                        | San Mateo Foster City Public Financing Authority, Series 2021A                               | CUSIP: 79905VBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $355000.00    | 0.08%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Commissioner of Highways                                  | West Virginia Commissioner of Highways, Series 2018A                                         | CUSIP: 95649ACW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220406.47    | 0.05%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Spokane                                                       | County of Spokane, Series 2019B                                                              | CUSIP: 8486443M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201615.62    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                         | San Diego Public Facilities Financing Authority, Series 2023A                                | CUSIP: 79730CKS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monmouth County Improvement Authority (The)                             | Monmouth County Improvement Authority (The), Series 2016B                                    | CUSIP: 60956PNR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.01%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Karegnondi Water Authority                                              | Karegnondi Water Authority, Series 2024                                                      | CUSIP: 48563UCB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130764.92    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Foster City Public Financing Authority                        | San Mateo Foster City Public Financing Authority, Series 2021B                               | CUSIP: 79905VBB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1255000.00   | 0.29%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle                                                         | City of Seattle, Series 2023B                                                                | CUSIP: 812643ZK3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |  12200000 | PA      | $12200000.00  | 2.78%             | 2046-11-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater      | San Francisco City & County Public Utilities Commission Wastewater, Series 2016A             | CUSIP: 79768HCK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275810.23    | 0.06%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District                                   | Beverly Hills Unified School District, Series 2009                                           | CUSIP: 088023HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.01%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Sedgwick County Unified School District No. 265 Goddard                 | Sedgwick County Unified School District No. 265 Goddard, Series 2016B                        | CUSIP: 815668LX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20076.20     | 0.00%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vancouver                                                       | City of Vancouver, Series 2015B                                                              | CUSIP: 921594Q59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $211625.88    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                    | State of Connecticut, Series E                                                               | CUSIP: 20772J3U4<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    255000 | PA      | $256276.91    | 0.06%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Area Community College District                                | Pasadena Area Community College District, Series 2016A                                       | CUSIP: 702185EZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30000.00     | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Honolulu                                               | City & County of Honolulu, Series D                                                          | CUSIP: 438687BN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $370728.64    | 0.08%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark                                                         | County of Clark, Series 2020B                                                                | CUSIP: 180848R47<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35210.65     | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris                                                        | County of Harris Toll Road, Series 2022A                                                     | CUSIP: 41423PCF2<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |    455000 | PA      | $455404.90    | 0.10%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                            | Virginia Resources Authority, Series 2015A                                                   | CUSIP: 92818PTZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $216265.06    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                     | Georgia Housing & Finance Authority, Series 2022A                                            | CUSIP: 37353PHS1<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100790.85    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Modesto Irrigation District                                             | Modesto Irrigation District, Series 2019B                                                    | CUSIP: 607767CG3<br>LEI: S6U6XLZ7IOWYIG8C8H50 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100398.46    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs                                                | City of Colorado Springs Utilities System, Series 2020B                                      | CUSIP: 196632U92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100712.33    | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                     | State of Washington, Series 2016A-2                                                          | CUSIP: 93974DQM3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                            | Virginia Resources Authority, Series 2019B                                                   | CUSIP: 92818NCU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $181127.43    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2016A-1                                             | CUSIP: 709224PT0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    440000 | PA      | $443460.95    | 0.10%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                    | State of Connecticut, Series F                                                               | CUSIP: 20772JQ47<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    410000 | PA      | $412904.77    | 0.09%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire State Turnpike System                                     | New Hampshire State Turnpike System, Series 2019                                             | CUSIP: 644693NA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $391636.91    | 0.09%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2017A, Sub-Series A-1                                               | CUSIP: 64966MEU9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    210000 | PA      | $210000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Loudoun                                                       | County of Loudoun, Series 2019A                                                              | CUSIP: 54589THJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008033.80   | 0.23%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                          | State of Maryland Department of Transportation, Series 2021A                                 | CUSIP: 574204Q97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502015.00    | 0.11%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Arlington                                                     | County of Arlington, Series A                                                                | CUSIP: 041431QF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175167.35    | 0.04%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series 2018C                                                               | CUSIP: 64966MST7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                     | State of Washington, Series 2016A-1                                                          | CUSIP: 93974DSG4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    390000 | PA      | $390000.00    | 0.09%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Charles                                                       | County of Charles, Series 2017                                                               | CUSIP: 159808HM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85345.43     | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Sanitation Agencies Financing Authority             | Northern California Sanitation Agencies Financing Authority, Series 2020A                    | CUSIP: 786134VS2<br>LEI: 549300MSDPX3EYMUYV38 | Long             | DBT              | MUN               | US        |    140000 | PA      | $141295.76    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                   | Tennessee State School Bond Authority, Series 2015B                                          | CUSIP: 880558HJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $191166.03    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                            | Commonwealth of Pennsylvania, Series 2016                                                    | CUSIP: 70914PB84<br>LEI: 549300WICSGUHKHF1T85 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20057.65     | 0.00%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                            | State of Oregon Department of Transportation, Series 2017C                                   | CUSIP: 68607DTP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115811.39    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2016B                                          | CUSIP: 59261AEV5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100368.03    | 0.02%             | 2025-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                           | San Francisco Bay Area Rapid Transit District, Series 2019B-1                                | CUSIP: 797661XN0<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |    295000 | PA      | $295000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                           | Main Street Natural Gas, Inc., Series 2024C                                                  | CUSIP: 56035DHL9<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |     80000 | PA      | $80463.90     | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax                                        | State of Connecticut Special Tax, Series A                                                   | CUSIP: 207758VM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $460955.51    | 0.10%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                       | Austin Community College District, Series 2015                                               | CUSIP: 052403EV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $870000.00    | 0.20%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio                                                     | City of San Antonio, Series 2021                                                             | CUSIP: 79623PJQ9<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    270000 | PA      | $270000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                      | State of Minnesota, Series 2017A                                                             | CUSIP: 60412ALA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165670.54    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax                                         | District of Columbia Income Tax, Series 2014A                                                | CUSIP: 25477GNL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $282305.91    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                               | Maine Municipal Bond Bank, Series C                                                          | CUSIP: 56045RYR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226284.05    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Governors of Colorado State University System                  | Board of Governors of Colorado State University System, Series 2025B                         | CUSIP: 196707Y49<br>LEI: 549300MAE3RAIIEIQV71 | Long             | STIV             | MUN               | US        |   6500000 | PA      | $6500000.00   | 1.48%             | 2055-03-01      | Variable      | 2.60%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                           | Commonwealth of Massachusetts, Series 2020E                                                  | CUSIP: 57582RJ23<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    230000 | PA      | $231458.09    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                          | Central Puget Sound Regional Transit Authority, Series 2015S-1                               | CUSIP: 15504RFZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $387459.03    | 0.09%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland Department of Transportation                          | State of Maryland Department of Transportation, Series 2016                                  | CUSIP: 574204E74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $430506.50    | 0.10%             | 2025-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California, Series 2016                                                             | CUSIP: 13063C4M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1130000.00   | 0.26%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                        | Virginia Public School Authority, Series 2016                                                | CUSIP: 92817TGE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50000.00     | 0.01%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                            | State of Oregon Department of Transportation, Series 2022A                                   | CUSIP: 68607DVP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100705.56    | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Hawaii                                                    | University of Hawaii, Series E                                                               | CUSIP: 91428LJM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95353.89     | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                             | Foothill-De Anza Community College District, Series 2000A                                    | CUSIP: 345102BC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $285000.00    | 0.06%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2017B                                          | CUSIP: 59261ANG8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    650000 | PA      | $654282.79    | 0.15%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus                                                        | City of Columbus, Series 2016A                                                               | CUSIP: 199492QR3<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |     45000 | PA      | $45023.08     | 0.01%             | 2025-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                  | Lewisville Independent School District, Series 2016B                                         | CUSIP: 5288287X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $540487.03    | 0.12%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                          | E-470 Public Highway Authority, Series B                                                     | CUSIP: 26822LBL7<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |    270000 | PA      | $269351.76    | 0.06%             | 2025-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                        | Port Authority of Houston of Harris County Texas, Series 2023                                | CUSIP: 734262GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170660.11    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                     | State of Washington, Series 2018A                                                            | CUSIP: 93974DN46<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |     70000 | PA      | $70000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery                                                    | County of Montgomery, Series 2017D                                                           | CUSIP: 6133406Q6<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |    620000 | PA      | $622305.41    | 0.14%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Klein Independent School District                                       | Klein Independent School District, Series 2015A                                              | CUSIP: 498531FG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County School Board                                              | Orange County School Board, Series 2015D                                                     | CUSIP: 684517QP3<br>LEI: 549300SEFJ368NVQXL34 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95000.00     | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Governmental Facilities Authority                                 | Maine Governmental Facilities Authority, Series 2018A                                        | CUSIP: 56041MSX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185711.08    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                 | Dallas Fort Worth International Airport, Series 2021B                                        | CUSIP: 23503CAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $482763.60    | 0.11%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Boston Water & Sewer Commission                                         | Boston Water & Sewer Commission, Series 2015A                                                | CUSIP: 101029TF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $377567.29    | 0.09%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | Metropolitan Transportation Authority Dedicated Tax Fund, Series 2024A                       | CUSIP: 59260XBG2<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    300000 | PA      | $302186.76    | 0.07%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipality of Anchorage                                               | Municipality of Anchorage, Series C                                                          | CUSIP: 0331613L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $90164.23     | 0.02%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Virginia Beach                                                  | City of Virginia Beach Water & Sewer System, Series B                                        | CUSIP: 927749KE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100448.76    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund | Rhode Island Infrastructure Bank Water Pollution Control Revolving Fund, Series 2016A        | CUSIP: 76221UCD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145591.72    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No. 10 Tacoma                             | Pierce County School District No. 10 Tacoma, Series 2015                                     | CUSIP: 720424YV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277101.44    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                               | New Jersey Economic Development Authority, Series 2022A                                      | CUSIP: 64577XDK9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1176972.97   | 0.27%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2015A                                                                  | CUSIP: 677522CJ1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    405000 | PA      | $405824.05    | 0.09%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority, Series 2018B                                           | CUSIP: 89602REG6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    215000 | PA      | $216579.73    | 0.05%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Water Resources Authority                                 | Massachusetts Water Resources Authority, Series 2016C                                        | CUSIP: 576051F76<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15000.00     | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Baltimore                                                     | County of Baltimore, Series 2015                                                             | CUSIP: 05914FXC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Central Regional Wastewater System              | Trinity River Authority Central Regional Wastewater System, Series 2019                      | CUSIP: 89658HWQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $735000.00    | 0.17%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                       | State of Maryland, Series 2017B                                                              | CUSIP: 574193PD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.46%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063DR75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135281.70    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo County Community College District                             | San Mateo County Community College District, Series 2006B                                    | CUSIP: 799038FZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $439093.91    | 0.10%             | 2025-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No. 512 Shawnee Mission          | Johnson County Unified School District No. 512 Shawnee Mission, Series 2015A                 | CUSIP: 478740SE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $511898.78    | 0.12%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063DJZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $602490.36    | 0.14%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris                                                        | County of Harris, Series 2016A                                                               | CUSIP: 414005WE4<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |    420000 | PA      | $420398.83    | 0.10%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                     | Wisconsin Health & Educational Facilities Authority, Series 2016A                            | CUSIP: 97712DQE9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    425000 | PA      | $427713.54    | 0.10%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                              | Denver City & County School District No. 1, Series 2025B                                     | CUSIP: 249174ZF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504022.25    | 0.11%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Johnson County Public Building Commission                               | Johnson County Public Building Commission, Series 2015B                                      | CUSIP: 478497YG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180340.22    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Municipal Bond Bank                                             | Vermont Municipal Bond Bank, Series 2024                                                     | CUSIP: 924215AY2<br>LEI: 54930081EMY8D1GYM846 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008134.60   | 0.23%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                              | Michigan Finance Authority, Series 2016B                                                     | CUSIP: 59447TNV1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1054284.84   | 0.24%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Upper Santa Clara Valley Joint Powers Authority                         | Upper Santa Clara Valley Joint Powers Authority, Series 2017A                                | CUSIP: 916544CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                 | Massachusetts School Building Authority, Series 2016A                                        | CUSIP: 576000UB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251737.33    | 0.06%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                              | Virginia Commonwealth Transportation Board, Series 2016                                      | CUSIP: 92778UAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $240709.70    | 0.05%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles                                                     | City of Los Angeles, Series 2017B                                                            | CUSIP: 544351PG8<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155336.89    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Vermont and State Agricultural College                    | University of Vermont & State Agricultural College, Series 2016                              | CUSIP: 915200XE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40150.36     | 0.01%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco                                                   | City of San Francisco, Series 2025, Sub-Series A                                             | CUSIP: 79771FFR3<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006524.80   | 0.23%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago              | Metropolitan Water Reclamation District of Greater Chicago, Series 2021C                     | CUSIP: 167560VN8<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |    175000 | PA      | $176364.77    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California, Series 2018                                                             | CUSIP: 13063DFW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75187.83     | 0.02%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Austin Independent School District                                      | Austin Independent School District, Series B                                                 | CUSIP: 052430MJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $490000.00    | 0.11%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount San Antonio Community College District                            | Mount San Antonio Community College District, Series 2013A                                   | CUSIP: 623040FP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330000.00    | 0.08%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax                                        | State of Connecticut Special Tax, Series 2018B                                               | CUSIP: 207758XZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $507112.16    | 0.12%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Rhode Island                                                   | State of Rhode Island, Series 2015A                                                          | CUSIP: 76222RSV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105000.00    | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan Trunk Line                                            | State of Michigan Trunk Line, Series 2021A                                                   | CUSIP: 5946952L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $140995.96    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                            | State of Oregon Department of Transportation, Series A                                       | CUSIP: 68607DSV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $725080.03    | 0.17%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                     | State of Washington, Series R-2018C                                                          | CUSIP: 93974DW53<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    445000 | PA      | $445000.00    | 0.10%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Independent School District                                 | San Antonio Independent School District, Series 2018                                         | CUSIP: 796269ZH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115101.43    | 0.03%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                        | Virginia Public School Authority, Series 2019C                                               | CUSIP: 92818HPB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gwinnett County Water & Sewerage Authority                              | Gwinnett County Water & Sewerage Authority, Series 2020                                      | CUSIP: 403760KK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $295000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville                                                    | City of Jacksonville, Series 2023B                                                           | CUSIP: 469487VF6<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    470000 | PA      | $471878.17    | 0.11%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Arlington                                                     | County of Arlington, Series B                                                                | CUSIP: 041431QZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100095.63    | 0.02%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                       | New Hampshire Municipal Bond Bank, Series 2016B                                              | CUSIP: 64465PL30<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130119.67    | 0.03%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                        | State of Georgia, Series 2016E                                                               | CUSIP: 3733846U5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1144766.90   | 0.26%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District                                  | Los Angeles Community College District, Series D                                             | CUSIP: 54438CB35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.11%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                  | Round Rock Independent School District, Series 2016                                          | CUSIP: 779240KL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600000.00    | 0.14%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                            | Virginia Resources Authority, Series 2017C                                                   | CUSIP: 92818MRM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30187.91     | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                           | Texas Water Development Board, Series A                                                      | CUSIP: 882854WH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95479.67     | 0.02%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                         | San Diego Public Facilities Financing Authority, Series 2020A                                | CUSIP: 79730CJX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                    | Pennsylvania Higher Educational Facilities Authority, Series B                               | CUSIP: 70917SQG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $371503.64    | 0.08%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority, Series B                                               | CUSIP: 89602N7U2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    320000 | PA      | $322351.23    | 0.07%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Community College District                                 | Southwestern Community College District, Series D                                            | CUSIP: 845389FP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1510000.00   | 0.34%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                               | Dallas Area Rapid Transit, Series 2019                                                       | CUSIP: 235241SY3<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2020590.68   | 0.46%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                    | Triborough Bridge & Tunnel Authority, Series 2025A                                           | CUSIP: 896032AA7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |    175000 | PA      | $176485.87    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Massachusetts Building Authority                          | University of Massachusetts Building Authority, Series 2017-3                                | CUSIP: 914437SU3<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |    305000 | PA      | $306918.08    | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio                                                     | City of San Antonio, Series 2017                                                             | CUSIP: 7962376Q3<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                          | State of Texas, Series 2016                                                                  | CUSIP: 882723V30<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |    170000 | PA      | $170693.74    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Battery Park City Authority                                             | Battery Park City Authority, Series 2019D-2                                                  | CUSIP: 07133AJC7<br>LEI: 549300RF3SFDOWRHVM56 | Long             | STIV             | MUN               | US        |    500000 | PA      | $500000.00    | 0.11%             | 2038-11-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Series 2015BB-4                             | CUSIP: 64972GRG1<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |   8500000 | PA      | $8500000.00   | 1.94%             | 2050-06-15      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| State of Alaska                                                         | State of Alaska, Series 2016B                                                                | CUSIP: 0117703X0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $480000.00    | 0.11%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                             | Long Island Power Authority, Series 2021A                                                    | CUSIP: 542691EC0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140290.81    | 0.03%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Will                                                          | County of Will, Series 2016                                                                  | CUSIP: 968657HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013898.60   | 0.46%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia                                                    | City of Philadelphia, Series 2017A                                                           | CUSIP: 717813VJ5<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Tacoma                                                          | Port of Tacoma, Series A                                                                     | CUSIP: 735439NL1<br>LEI: 549300MLYO8L64QKXV81 | Long             | DBT              | MUN               | US        |    115000 | PA      | $115512.04    | 0.03%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series A-2                                            | CUSIP: 59261AMG9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135889.50    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Snohomish County School District No. 201 Snohomish                      | Snohomish County School District No. 201 Snohomish, Series 2016                              | CUSIP: 833221WF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $221740.24    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Camino Community College District Fountation (The)                   | El Camino Community College District Fountation (The), Series 2016                           | CUSIP: 282726FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15000.00     | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                             | California State University, Series 2015A                                                    | CUSIP: 13077CY57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006364.80   | 0.23%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                               | Private Colleges & Universities Authority, Series 2020B                                      | CUSIP: 74265LS66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1222408.40   | 0.28%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                           | Commonwealth of Massachusetts, Series 2021B                                                  | CUSIP: 57582RT89<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    295000 | PA      | $296870.15    | 0.07%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle                                                         | City of Seattle, Series 2018A                                                                | CUSIP: 812627ES2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $378155.33    | 0.09%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin Water & Wastewater System                                | City of Austin Water & Wastewater System, Series 2020C                                       | CUSIP: 052477VX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95657.31     | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District                                  | Los Angeles Community College District, Series A-1                                           | CUSIP: 54438CZP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    810000 | PA      | $810000.00    | 0.18%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia                                                    | City of Philadelphia, Series 2015A                                                           | CUSIP: 717813RH4<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    255000 | PA      | $255000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                      | State of Louisiana, Series 2024C                                                             | CUSIP: 546417JF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504117.70    | 0.11%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston Combined Utility System                                 | City of Houston Combined Utility System, Series 2015D                                        | CUSIP: 44244CCF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $387843.65    | 0.09%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                  | Iowa Finance Authority, Series 2021A                                                         | CUSIP: 46247SAD6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    330000 | PA      | $330000.00    | 0.08%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                      | Metropolitan Water District of Southern California, Series 2022A                             | CUSIP: 59266TUC3<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95430.06     | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2017B                                                                  | CUSIP: 677522UY8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225457.81    | 0.05%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063DFV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $923818.55    | 0.21%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2023B                                               | CUSIP: 709225JD9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | STIV             | MUN               | US        |   3800000 | PA      | $3800000.00   | 0.87%             | 2043-12-01      | Variable      | 2.30%                 | No            |                  2 | On Loan: No      |
| Alaska Housing Finance Corp.                                            | Alaska Housing Finance Corp., Series 2017C                                                   | CUSIP: 011839PD3<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110814.55    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Department of Management Services                               | Florida Department of Management Services, Series 2015A                                      | CUSIP: 34160PDS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $625000.00    | 0.14%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg                                                   | County of Mecklenburg, Series 2011-C                                                         | CUSIP: 584002RA9<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25232.35     | 0.01%             | 2025-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Wake                                                          | County of Wake, Series 2018A                                                                 | CUSIP: 930876DJ3<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |    270000 | PA      | $270000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                 | Port Authority of New York & New Jersey, Series 205                                          | CUSIP: 73358WM35<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    490000 | PA      | $493528.78    | 0.11%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas                                                          | City of Dallas Waterworks & Sewer System, Series 2016A                                       | CUSIP: 23542JAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100406.93    | 0.02%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                     | California State Public Works Board, Series 2017G                                            | CUSIP: 13068LT62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195452.19    | 0.04%             | 2025-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                       | New Hampshire Municipal Bond Bank, Series 2020B                                              | CUSIP: 64465QBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275253.14    | 0.06%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Frederick                                                     | County of Frederick, Series 2019A                                                            | CUSIP: 35569PJY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20000.00     | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Westchester                                                   | County of Westchester, Series 2020A                                                          | CUSIP: 95736VAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $70381.19     | 0.02%             | 2025-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Water District                                            | Orange County Water District, Series 2019C                                                   | CUSIP: 68442CCG9<br>LEI: 549300KBQTX6CMJ3U708 | Long             | DBT              | MUN               | US        |    265000 | PA      | $265265.34    | 0.06%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                            | New York City Transitional Finance Authority, Series 2019A-1                                 | CUSIP: 64972JFJ2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20000.00     | 0.00%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series C                    | CUSIP: 64971WU24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $784806.59    | 0.18%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                        | Virginia Public School Authority, Series 2018A                                               | CUSIP: 92818HKU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                 | Washington Suburban Sanitary Commission, Series 2020                                         | CUSIP: 9401575D8<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252058.85    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Pierce                                                        | County of Pierce, Series B                                                                   | CUSIP: 720356F82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.05%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                            | State of Kansas Department of Transportation, Series 2018A                                   | CUSIP: 485424SC0<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245498.50    | 0.06%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hampton                                                         | City of Hampton, Series 2015B                                                                | CUSIP: 40955PBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210423.72    | 0.05%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                      | Board of Regents of the University of Texas System, Series 2016J                             | CUSIP: 91514AGP4<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    365000 | PA      | $365335.98    | 0.08%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                     | State of Washington, Series R-2017C                                                          | CUSIP: 93974DH68<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                    | District of Columbia, Series 2020                                                            | CUSIP: 25483VWM2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    285000 | PA      | $287251.33    | 0.07%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Tennessee                                                      | State of Tennessee, Series A                                                                 | CUSIP: 880541VQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1535000.00   | 0.35%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough City School District                                       | Hillsborough City School District, Series B                                                  | CUSIP: 432272CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249445.75    | 0.06%             | 2025-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver Airport System                                  | City & County of Denver Airport System, Series 2016A                                         | CUSIP: 249182JX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $377602.09    | 0.09%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                      | State of Louisiana, Series 2016B                                                             | CUSIP: 5464152H2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $395000.00    | 0.09%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured         | New York City Transitional Finance Authority Future Tax Secured, Series 2019C-4              | CUSIP: 64971XKS6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2450000 | PA      | $2450000.00   | 0.56%             | 2044-11-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                      | City of Houston Combined Utility System, Series 2012B                                        | CUSIP: 44244CRZ2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   3325000 | PA      | $3325000.00   | 0.76%             | 2034-05-15      | Floating      | 2.40%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                            | District of Columbia Water & Sewer Authority, Series B                                       | CUSIP: 254845NG1<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |    315000 | PA      | $316274.77    | 0.07%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                     | Leander Independent School District, Series 2017A                                            | CUSIP: 521841RL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $245227.78    | 0.06%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Board of Water Commissioners City & County of Denver (The)              | Board of Water Commissioners City & County of Denver (The), Series 2016A                     | CUSIP: 24916TDT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $85139.63     | 0.02%             | 2025-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2015F                                          | CUSIP: 59261AAJ6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    230000 | PA      | $231515.45    | 0.05%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax                                         | District of Columbia Income Tax, Series 2019C                                                | CUSIP: 25477GPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $898637.19    | 0.20%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                      | New York State Dormitory Authority, Series 2020A                                             | CUSIP: 64990FXR0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2507672.75   | 0.57%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                            | King County School District No. 405 Bellevue, Series 2016                                    | CUSIP: 495098YS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $156278.15    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                           | State of Ohio, Series 2018A                                                                  | CUSIP: 677522A87<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    190000 | PA      | $190386.59    | 0.04%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Whittier Union High School District                                     | Whittier Union High School District, Series 2016                                             | CUSIP: 966782SH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $290000.00    | 0.07%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District Electric System                            | Imperial Irrigation District Electric System, Series 2019                                    | CUSIP: 452650KU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125834.60    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063CZS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $601252.02    | 0.14%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                        | Pennsylvania Turnpike Commission, Series 2017A                                               | CUSIP: 709224UP2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151109.39    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No. 1                              | Denver City & County School District No. 1, Series 2016                                      | CUSIP: 249174UH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $418338.47    | 0.10%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia                                                    | City of Philadelphia, Series 2019A                                                           | CUSIP: 717813WN5<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135000.00    | 0.03%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                            | Northampton County General Purpose Authority, Series 2024A                                   | CUSIP: 663507CY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201381.94    | 0.05%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                   | Metropolitan Transportation Authority, Series 2016B                                          | CUSIP: 59261AFL6<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100658.89    | 0.02%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King                                                          | County of King, Series 2015E                                                                 | CUSIP: 49474FNY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226840.25    | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of West Virginia                                                  | State of West Virginia, Series 2015A                                                         | CUSIP: 956553WP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50022.39     | 0.01%             | 2025-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of New York                                                        | City of New York, Series E                                                                   | CUSIP: 64966MBJ7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston                                                         | City of Houston Combined Utility System, Series 2016B                                        | CUSIP: 44244CGH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $377769.79    | 0.09%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                         | Tampa Bay Water, Series 2016C                                                                | CUSIP: 875124GZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185723.61    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax         | Metropolitan Transit Authority of Harris County Sales & Use Tax, Series 2017A                | CUSIP: 41422EGZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120752.59    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                  | Hillsborough County Aviation Authority, Series 2022B                                         | CUSIP: 432308Q31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200785.68    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                            | Virginia Resources Authority, Series 2015                                                    | CUSIP: 92818PTY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $75469.76     | 0.02%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                               | Indiana Finance Authority, Series 2016C                                                      | CUSIP: 45470RCT1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    920000 | PA      | $927020.34    | 0.21%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                | Metropolitan Transportation Authority Dedicated Tax Fund, Series B-2                         | CUSIP: 59259N6Y4<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    265000 | PA      | $266931.64    | 0.06%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                    | State of Connecticut, Series 2018E                                                           | CUSIP: 20772KDR7<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    600000 | PA      | $601774.26    | 0.14%             | 2025-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Plano                                                           | City of Plano, Series 2015                                                                   | CUSIP: 727177QA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225483.30    | 0.05%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Community College District                                    | San Diego Community College District, Series 2016                                            | CUSIP: 797272PR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $290000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public School Authority                                        | Virginia Public School Authority, Series 2015A                                               | CUSIP: 92818HBH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180000.00    | 0.04%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago              | Metropolitan Water Reclamation District of Greater Chicago, Series D                         | CUSIP: 167560TQ4<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125974.84    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                   | Northside Independent School District, Series 2016A                                          | CUSIP: 66702RNR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100090.19    | 0.02%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County School District No. 405 Bellevue                            | King County School District No. 405 Bellevue, Series 2019                                    | CUSIP: 495098A62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $161319.38    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta Water & Wastewater                                      | City of Atlanta Water & Wastewater, Series 2004                                              | CUSIP: 047870EX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $206726.24    | 0.05%             | 2025-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                         | New York City Municipal Water Finance Authority, Series 2013AA-2                             | CUSIP: 64972GAS3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | STIV             | MUN               | US        |   3150000 | PA      | $3150000.00   | 0.72%             | 2046-06-15      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                      | City of Yonkers, Series 2022F                                                                | CUSIP: 986082U60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $115818.11    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Loudoun                                                       | County of Loudoun, Series 2024A                                                              | CUSIP: 54589TNQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $156245.24    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                          | Wayne County Airport Authority, Series A                                                     | CUSIP: 944514UV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $25180.71     | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                   | Long Beach Community College District, Series 2021D                                          | CUSIP: 542411PK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125000.00    | 0.03%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                      | State of Louisiana, Series 2021                                                              | CUSIP: 54641CAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100201.77    | 0.02%             | 2025-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas State Technical College                                           | Texas State Technical College, Series 2022A                                                  | CUSIP: 88276REV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                               | University of Connecticut, Series 2019A                                                      | CUSIP: 914233V99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $196147.38    | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel                                                  | County of Anne Arundel, Series 2020                                                          | CUSIP: 03588HB70<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150579.09    | 0.03%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                         | State of Oregon, Series 2015O                                                                | CUSIP: 68609BNL7<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |    550000 | PA      | $550000.00    | 0.13%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Municipal Bond Bank                                               | Maine Municipal Bond Bank, Series 2022A                                                      | CUSIP: 56045R3P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226284.05    | 0.05%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Michigan                                                       | State of Michigan, Series 2016B                                                              | CUSIP: 594612CR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $210770.28    | 0.05%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel                                                  | County of Anne Arundel, Series 2016                                                          | CUSIP: 03588HLZ7<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155598.39    | 0.04%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                      | State of Minnesota, Series 2018A                                                             | CUSIP: 60412AK69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $270000.00    | 0.06%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                | University of Utah (The), Series 2017B1                                                      | CUSIP: 915183ZD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300000.00    | 0.07%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade                                                    | County of Miami-Dade, Series A                                                               | CUSIP: 59333PS74<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    330000 | PA      | $331301.95    | 0.08%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                    | State of Mississippi, Series 2016B                                                           | CUSIP: 605581HN0<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |    450000 | PA      | $453584.97    | 0.10%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                           | Kentucky State Property & Building Commission, Series B                                      | CUSIP: 49151FNJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $558307.69    | 0.13%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                     | State of California                                                                          | CUSIP: 13063CVP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1180000.00   | 0.27%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                     | State of Washington, Series R-2018D                                                          | CUSIP: 93974DY36<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |    625000 | PA      | $625000.00    | 0.14%             | 2025-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio State University (The)                                             | Ohio State University (The), Series 2020A                                                    | CUSIP: 677632K26<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |    190000 | PA      | $191507.27    | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis                                                         | City of Memphis Sanitary Sewerage System, Series 2018                                        | CUSIP: 586200RE9<br>LEI: 254900N4APYJWTAF5J46 | Long             | DBT              | MUN               | US        |    220000 | PA      | $220882.88    | 0.05%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Riverside Community College District                                    | Riverside Community College District, Series 2004D                                           | CUSIP: 76886PEE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105000.00    | 0.02%             | 2025-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                      | Spring Independent School District, Series 2017                                              | CUSIP: 8500005F3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175159.22    | 0.04%             | 2025-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** iShares Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer