# EDGAR Filing Document

**Accession Number:** 0001723701
**File Stem:** 0001099263-26-003117
**Filing Date:** 2026-3
**Character Count:** 248247
**Document Hash:** 48e4d02e83387114d2932700b6a8a437
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-003117.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001099263-26-003117

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO Flexible Municipal Income Fund
- **CENTRAL INDEX KEY:** 0001723701

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23314
- **FILM NUMBER:** 26705942

**BUSINESS ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** (844) 337-4626

**MAIL ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Flexible Municipal Income Fund

- **b. Investment Company Act file number:** 811-23314

- **c. CIK number of Registrant:** 0001723701

- **d. LEI of Registrant:** 549300QWR0VUYGU5FE83

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

  - **Street Address 1:** 1633 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** (844) 312-2113

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

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

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

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

- **b. Date as of which information is reported:** 2025-12-31

**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:** $2342382559.66

**Total Liabilities:** $738491447.56

**Net Assets:** $1603891112.10

**Cash Not Reported:** $86193403.50

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 26562.158900 | **1-Year:** 44881.597100 | **5-Year:** 215119.247800 | **10-Year:** 609165.261700 | **30-Year:** 35252.504300

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

- **3-Month:** 425.700100 | **1-Year:** 13085.215200 | **5-Year:** 137821.695600 | **10-Year:** 247529.802800 | **30-Year:** 25299.021100

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.84%                | 0.21%                | -0.36%               |
| Class ID N/A | 0.83%                | 0.21%                | -0.36%               |
| Class ID N/A | 0.81%                | 0.19%                | -0.38%               |
| Class ID N/A | 0.88%                | 0.25%                | -0.31%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1815582.18             | $10156873.07                               |
| Month 2  | $4863490.07              | $-6328615.29                               |
| Month 3  | $2955813.33              | $-14075775.90                              |

**Designated Index Information**

- **Index Name:** 60% Bloomberg Municipal Bond Long 22+ Total Return Hedged USD Index, 40% Bloomberg Municipal Bond High Yield Total Return Unhedged USD Index

- **Index Identifier:** LM22TR, LMHYTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 12/54 FIXED OID 4       | CUSIP: 64542PEW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $331749.41    | 0.02%             | 2054-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 07/59 FIXED OID 4.3     | CUSIP: 126292CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3979533.00   | 0.25%             | 2059-07-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL SENIOR LI CPTMED 07/43 FIXED 5           | CUSIP: 140542BP5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    250000 | PA      | $8125.00      | 0.00%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                              | AFFORDABLE HSG OPPORTUNITIES T TENGEN 04/39 FIXED 3.956       | CUSIP: 00826SAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4655000 | PA      | $4851891.60   | 0.30%             | 2039-04-01      | Fixed         | 4.36%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO WATER SYSTEM                                                         | SAN ANTONIO TX WTR REVENUE SANWTR 05/45 FIXED 4               | CUSIP: 79642BW41<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9326404.00   | 0.58%             | 2045-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BARTOW COUNTY DEVELOPMENT AUTHORITY                                              | BARTOW CNTY GA DEV AUTH BTWPOL 09/29 FIXED 1.8                | CUSIP: 069643BL7<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2596802.60   | 0.16%             | 2029-09-01      | Variable      | 1.80%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH RE CASFIN 01/39 FIXED 6           | CUSIP: 13048VQ27<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7304894.10   | 0.46%             | 2039-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MEMPHIS-SHELBY COUNTY INDUSTRIAL DEVELOPMENT BOARD                               | MEMPHIS SHELBY CNTY TN INDL DE MEMDEV 01/46 FIXED OID 5.625   | CUSIP: 58611YAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1298238.08   | 0.08%             | 2046-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/60 FIXED 5.5         | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3530586.15   | 0.22%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEV                                                   | MARICOPA CNTY AZ INDL DEV AUTH MARDEV 01/41 FIXED 4           | CUSIP: 56682HCK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2118231.44   | 0.13%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV                                                | PHILADELPHIA PA AUTH FOR INDL PHIMFH 12/58 FIXED 5.5          | CUSIP: 717908AM9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2558353.75   | 0.16%             | 2058-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DULUTH ECONOMIC DEVELOPMENT AUTHORITY                                            | DULUTH MN ECON DEV AUTH HLTH C DULDEV 02/48 FIXED 5           | CUSIP: 26444CHC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1528352.45   | 0.10%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF ALLEN OH HOSPITAL FACILITIES REVENUE                                   | ALLEN CNTY OH HOSP FACS REVENU ALLMED 11/50 ADJUSTABLE VAR    | CUSIP: 01757LHL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25000000.00  | 1.56%             | 2050-11-01      | Variable      | 0.35%                 | No            |                  2 | On Loan: No      |
| COLUMBIA COUNTY HOSPITAL AUTHORITY/GA                                            | COLUMBIA CNTY GA HOSP AUTH CLHMED 04/53 FIXED OID 5.125       | CUSIP: 197479AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4360000 | PA      | $4469903.83   | 0.28%             | 2053-04-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                  | BALDWIN CNTY AL INDL DEV AUTH BLWPOL 06/55 ADJUSTABLE VAR     | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6426527.94   | 0.40%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY ALA MED CLINIC BRD HEALTH REV                                         | MONTGOMERY AL MED CLINIC BRD H MONMED 03/28 FIXED 5           | CUSIP: 613058CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $435000.00    | 0.03%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOUGLAS COUNTY HOUSING AUTHORITY                                                 | DOUGLAS CNTY GA HSG AUTH MF RE DOUMFH 02/44 FIXED 5.1         | CUSIP: 259028AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1636865.72   | 0.10%             | 2044-02-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                                       | CHICAGO IL BRD OF EDU CHIEDU 12/50 FIXED OID 5.75             | CUSIP: 167505ZM1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   9800000 | PA      | $9757364.12   | 0.61%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITY OF FORT WORTH TX WATER & SEWER SYSTEM REVENUE                               | FORT WORTH TX WTR   SWR REVENU FTWUTL 02/48 FIXED 5           | CUSIP: 3495155W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1370575.71   | 0.09%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK TOBACCO ASSET SECURITIZATION CORPORATION                                 | SUFFOLK NY TOBACCO ASSET SECUR SFKSEC 06/66 ZEROCPNOID 0      | CUSIP: 864809CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  62170000 | PA      | $5529524.14   | 0.34%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FAIRBANKS SQUARE CIC LP                                                          | FAIRBANKS SQUARE AFFORDAB HOU FIXED TERM LOAN                 | CUSIP: 953DUHII1<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5930873 | PA      | $6132522.80   | 0.38%             | 2030-10-01      | Fixed         | 6.07%                 | No            |                  3 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                              | CALIFORNIA CMNTY HSG AGY ESSEN CCHHSG 02/56 FIXED OID 4       | CUSIP: 13013FAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7010000 | PA      | $3453951.78   | 0.22%             | 2056-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORPORATION                                                   | BUILD NYC RESOURCE CORP NY REV BUIGEN 12/50 FIXED OID 5.625   | CUSIP: 12008EPK6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   6800000 | PA      | $5835551.24   | 0.36%             | 2050-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH OHSDEV 11/40 ADJUSTABLE VAR      | CUSIP: 677525WS2<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031053.20   | 0.13%             | 2040-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| ST JOHNSONS CNTY FLA INDL DEV AUTH                                               | SAINT JOHNS CNTY FL INDL DEV A STJMED 12/36 FIXED 4           | CUSIP: 79041LAM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $954414.10    | 0.06%             | 2036-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6122 FR 12/38 FIXED 3.8                   | CUSIP: 3132YBYT7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   8756594 | PA      | $8332543.44   | 0.52%             | 2038-12-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL SENIOR 07/48  5.25                       | CUSIP: 140542BQ3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    250000 | PA      | $8125.00      | 0.00%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                         | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/50 FIXED 6           | CUSIP: 57585BKH0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2130246.20   | 0.13%             | 2050-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DISTRICT                           | DOWNTWN PUB INFRA C DTRFAC 07/35 FIXED 5                      | CUSIP: 26118TBW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4925000 | PA      | $4960450.64   | 0.31%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERS EDGE III COMMUNITY DEVELOPMENT DISTRICT                                   | RIVERS EDGE III CDD FL CAPITAL RVIDEV 05/45 FIXED OID 5.75    | CUSIP: 76882NAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $362001.15    | 0.02%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/59 FIXED OID 5.5     | CUSIP: 650116JM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17400000 | PA      | $18159028.02  | 1.13%             | 2059-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN HLTH EDL FACS AUTH S WISMED 07/45 FIXED OID 6.375   | CUSIP: 97671VCS2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1077374.95   | 0.07%             | 2045-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH EXEMPT FAC INSGEN 03/39 FIXED OID 7       | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  10490000 | PA      | $524500.00    | 0.03%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CITY OF MOUNT VERNON IN                                                          | MOUNT VERNON IN ENVRNMNTL IMPT MOUPOL 09/55 ADJUSTABLE VAR    | CUSIP: 623455AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1165460.60   | 0.07%             | 2055-09-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| CAPE GIRARDEAU COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                           | CAPE GIRARDEAU CNTY MO INDL DE CPGMED 03/46 FIXED 4           | CUSIP: 139404HT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1332252.46   | 0.08%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 06/45 ZEROCPNOID 0        | CUSIP: 59447TJ20<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1312846.00   | 0.08%             | 2045-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GAS WORX COMMUNITY DEVELOPMENT DISTRICT                                          | GAS WORX CDD FL SPL ASSMNT GSWGEN 05/30 FIXED 4.625           | CUSIP: 367200AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $352484.64    | 0.02%             | 2030-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| CENTERRA METROPOLITAN DISTRICT NO 1                                              | CENTERRA CO MET DIST  1 SPL RE CETGEN 12/37 FIXED 5           | CUSIP: 15200XAF0<br>LEI: 549300SHE5ZPSMGZH793 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4501584.90   | 0.28%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/35 FIXED 5.5            | CUSIP: 442349HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5511394.50   | 0.34%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| THIRD CREEK METROPOLITAN DISTRICT NO 1                                           | THIRD CREEK MET DIST  1 CO TCMFAC 12/51 FIXED 4.75            | CUSIP: 88423EAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $786746.90    | 0.05%             | 2051-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                                      | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN           | CUSIP: BA000LSQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   5720000 | PA      | $5720000.00   | 0.36%             | 2043-01-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| ANGELINA & NECHES RIVER AUTHORITY                                                | ANGELINA NECHES RIVER AUTH I ANGDEV 12/45 FIXED 7.5           | CUSIP: 03469KAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2675000 | PA      | $33731.75     | 0.00%             | 2045-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 06/56 FIXED 4.5             | CUSIP: 74442PSG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7670000 | PA      | $5369000.00   | 0.33%             | 2056-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 08/43 FIXED 5.25        | CUSIP: 645424BL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4920770.70   | 0.31%             | 2043-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENT STATE UNIVERSITY                                                            | KENT OH ST UNIV REVENUES KSUHGR 05/34 FIXED 5                 | CUSIP: 490728F49<br>LEI: 549300HL3HX54032AG28 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1599332.08   | 0.10%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HOUSING FINANCE AGENCY                                              | PENNSYLVANIA ST HSG FIN AGY SF PASSFH 10/54 FIXED 6.25        | CUSIP: 70879QXV0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1183223.70   | 0.07%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TAKE BACK & EXIT FACILITY FKA GMR/ALEON                                          | AM BIDCO OPERATIONS LLC PIK DELAYED DRAW TERM LOAN            | CUSIP: BA000R643<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10235526 | PA      | $8452244.46   | 0.53%             | 2027-10-21      | Fixed         | 2.76%                 | Yes           |                  3 | On Loan: No      |
| TAMPA-HILLSBOROUGH COUNTY EXPRESSWAY AUTHORITY                                   | TAMPA HILLSBOROUGH CNTY FL EXP TAMTRN 07/42 FIXED 4           | CUSIP: 875301GL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2453667.16   | 0.15%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INLAND EMPIRE TOBACCO SECURITIZATION CORPORATION                                 | INLAND EMPIRE CA TOBACCO SECUR INEGEN 06/38 FIXED 3.678       | CUSIP: 45734TAJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2244607.10   | 0.14%             | 2038-06-01      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/40 FIXED 5           | CUSIP: 64985SBP7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2346772.32   | 0.15%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH RE CASFIN 12/43 FIXED 5           | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004991.00   | 0.06%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF ATLANTIC CITY NJ                                                         | ATLANTIC CITY NJ ATC 03/30 FIXED 6.375                        | CUSIP: 048339UY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $756566.40    | 0.05%             | 2030-03-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FARMS NEW KENT COMMUNITY DEVEL                                                   | FARMS NEW KENT VA CMNTY DEV AU FRMDEV 03/36 FIXED 3.75        | CUSIP: 311551AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4630000 | PA      | $4480891.78   | 0.28%             | 2036-03-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 05/54 ADJUSTABLE VAR    | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2149778.60   | 0.13%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| VM FUND I LLC                                                                    | VM FUND I LLC SR SECURED 144A 02/31 8.625                     | CUSIP: 91842WAC4<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1153840 | PA      | $1178088.48   | 0.07%             | 2031-02-28      | Fixed         | 8.62%                 | No            |                  3 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 FIXED 5.125       | CUSIP: 04052TDD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5333444 | PA      | $4059501.83   | 0.25%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BRADLEY HEIGHTS METROPOLITAN DISTRICT NO 2                                       | BRADLEY HEIGHTS MET DIST  2 CO BRHDEV 12/51 FIXED 4.75        | CUSIP: 104571AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $4957668.75   | 0.31%             | 2051-12-01      | Fixed         | 4.81%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | CAMELOT APARTMENTS FIXED DELAYED DRAW TERM LOAN               | CUSIP: BA000TSW3<br>LEI: 549300NQVL49BTHOW391 | Long             | ABS-MBS          | CORP              | US        |   7295000 | PA      | $7296187.63   | 0.45%             | 2026-09-12      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                            | MONTGOMERY CNTY PA INDL DEV AU MONDEV 10/34 ADJUSTABLE VAR    | CUSIP: 61361TAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5162798.50   | 0.32%             | 2034-10-01      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH FINANCING AUTHORITY                                                 | CMWLTH FING AUTH PA TOBACCO MA CMNGEN 06/39 FIXED OID 4       | CUSIP: 20282EAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2055817.71   | 0.13%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/61 ZEROCPNOID 0      | CUSIP: 92810PAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  29035000 | PA      | $824233.97    | 0.05%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 12/53 ADJUSTABLE VAR     | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2950000 | PA      | $3178786.96   | 0.20%             | 2053-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HOUSNG FINANCE AGCY FIXED DELAYED DRAW TERM LOAN 1 | CUSIP: BA000RHP4<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   5611700 | PA      | $5609422.60   | 0.35%             | 2028-04-01      | Fixed         | 1.22%                 | No            |                  3 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 06/36 FIXED 4           | CUSIP: 57421CCC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $198667.58    | 0.01%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/34 FIXED OID 5       | CUSIP: 92810PAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7290000 | PA      | $6483828.06   | 0.40%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/48 FIXED 5            | CUSIP: 64972JMH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4146943.20   | 0.26%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                         | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5.25        | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9910000 | PA      | $9885222.03   | 0.62%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TAKE BACK & EXIT FACILITY FKA GMR/ALEON                                          | AM BIDCO HOLDINGS LLC (DRS)                                   | CUSIP: 958ADP902<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       419 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| HONEOYE FALLS-LIMA CENTRAL SCHOOL DISTRICT                                       | HONEOYE FALLS LIMA NY CENTRL S HFLSCD 06/26 FIXED 4           | CUSIP: 438209MJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2615753.66   | 0.16%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LYNCHBURG ECONOMIC DEVELOPMENT AUTHORITY                                         | LYNCHBURG VA ECON DEV AUTH HOS LNCMED 01/41 FIXED 4           | CUSIP: 55123TBP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $438464.89    | 0.03%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH E OHSDEV 07/49 FIXED 5           | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |  13350000 | PA      | $12035336.06  | 0.75%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 02/57 FIXED 4           | CUSIP: 126292AX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $4089914.40   | 0.25%             | 2057-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLEAR CREEK TRANSIT METROPOLITAN DISTRICT NO 2                                   | CLEAR CREEK TRANSIT B TRSFAC 12/50 FIXED 7.9                  | CUSIP: 184542AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1118341.35   | 0.07%             | 2050-12-15      | Fixed         | 7.90%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA HOSPITAL FINANCE                                                   | WEST VIRGINIA ST HOSP FIN AUTH W VIRGINIA ST H SER B          | CUSIP: 956622W75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4308658.80   | 0.27%             | 2043-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COUNTRY OF MONTGOMERY                                                            | MONTGOMERY CNTY OH SENIOR LIVI MONHSG 04/49 FIXED OID 6.25    | CUSIP: 613554AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2528239 | PA      | $31602.98     | 0.00%             | 2049-04-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUCTURE DISTRICT                                      | MIDA CORMONT PUBLIC INFRASTRUC MCRDEV 06/55 INT APROID VAR    | CUSIP: 59561JAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1149622.88   | 0.07%             | 2055-06-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/44 ADJUSTABLE VAR      | CUSIP: 45204FM85<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $9438067.65   | 0.59%             | 2044-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MANOR HOUSING PUBLIC FACILITY CORP                                               | MANOR HSG PUBLIC FAC CORP TX M MNRMFH 11/42 ADJUSTABLE VAR    | CUSIP: 56406AAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2568105.26   | 0.16%             | 2042-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                              | AFFORDABLE HSG OPPORTUNITIES T TENGEN 04/39 FIXED 4.037       | CUSIP: 00826SAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21460000 | PA      | $20672772.09  | 1.29%             | 2039-04-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/41 FIXED 3.714       | CUSIP: 38122ND58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2311780.58   | 0.14%             | 2041-06-01      | Fixed         | 3.71%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6120 FR 09/38 FIXED 3.7                   | CUSIP: 3132YBYR1<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   9821275 | PA      | $9269968.24   | 0.58%             | 2038-09-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO 28                                                | COOK CNTY SCH DIST  28 IL COKSCD 12/47 FIXED 5.25             | CUSIP: 213381AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1817626.06   | 0.11%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SARASOTA COUNTY PUBLIC HOSPITAL DISTRICT                                         | SARASOTA CNTY FL PUBLIC HOSP D SARMED 07/41 FIXED 5           | CUSIP: 803301DJ6<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5117704.00   | 0.32%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BENLOCH RANCH IMPROVEMENT ASSOCIATION NO 2                                       | BENLOCH RANCH IMPROV SR UNSECURED 144A 12/51 10               | CUSIP: 082149AA3<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   9858769 | PA      | $7326563.36   | 0.46%             | 2051-12-01      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 06/51 ADJUSTABLE VAR     | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3520000 | PA      | $3602514.78   | 0.22%             | 2051-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK                                  | INDIANAPOLIS IN LOCAL PUBLIC I 03/57 6.125                    | CUSIP: 45528U6Y2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3499617.60   | 0.22%             | 2057-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH REV                                             | CLACKAMAS CNTY OR HOSP FAC AUT CLAMED 11/55 FIXED 5.375       | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $733520.18    | 0.05%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                         | NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/44 FIXED 5           | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $16996355.20  | 1.06%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HOUSING FIN AGY MTG REV                                                | MACARTHUR PLACE FIXED DELAYED DRAW TERM LOAN                  | CUSIP: BA000TV41<br>LEI: 549300VL35TBE7RSJH61 | Long             | ABS-MBS          | CORP              | US        |   4538917 | PA      | $4539956.88   | 0.28%             | 2026-09-30      | Fixed         | 6.54%                 | No            |                  3 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 11/34 FIXED 5             | CUSIP: 45204FYL3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1675303.50   | 0.10%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 01/43 FIXED 3.762       | CUSIP: 57421CDT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1499400.20   | 0.09%             | 2043-01-01      | Fixed         | 3.76%                 | No            |                  2 | On Loan: No      |
| CITY OF INDIANAPOLIS IN                                                          | INDIANAPOLIS IN MF HSG REVENUE INPMFH 07/56 ADJUSTABLE VAR    | CUSIP: 45528TBF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2965000 | PA      | $2850648.85   | 0.18%             | 2056-07-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 01/56 ADJUSTABLE VAR    | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6568951.41   | 0.41%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA                                                                   | LEHIGH CNTY PA GEN PURPOSE HOS LEHMED 08/38 FLOATING VAR      | CUSIP: 52480GDC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2764028.68   | 0.17%             | 2038-08-15      | Floating      | 3.46%                 | Yes           |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                                | ATLANTA GA DEV AUTH SENIOR HLT ATLMED 01/40 FIXED OID 7       | CUSIP: 04781GAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $228000.00    | 0.01%             | 2040-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PASADENA RIDGE COMMUNITY DEVELOPMENT DISTRICT                                    | PASADENA RIDGE CDD FL CAPITAL PSRDEV 05/45 FIXED OID 5.5      | CUSIP: 702300AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1558262.78   | 0.10%             | 2045-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION                 | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/49 FIXED OID 5       | CUSIP: 87638TJQ7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073506.80   | 0.13%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORPORATION                                   | ARLINGTON TX HGR EDU FIN CORP ARLEDU 06/55 FIXED OID 5.75     | CUSIP: 041807PV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3028584.60   | 0.19%             | 2055-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY                                  | CALIFORNIA CNTY CA TOBACCO SEC CASGEN 06/55 ZEROCPNOID 0      | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $989846.52    | 0.06%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION                                 | WESTCHESTER CNTY NY LOCAL DEV WSTDEV 11/55 FIXED 6.5          | CUSIP: 95737TFY7<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1130494.00   | 0.07%             | 2055-11-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORPORATION I                         | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/26 FLOATING VAR       | CUSIP: 88256CAX7<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001092.30   | 0.19%             | 2026-12-15      | Floating      | 4.12%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                              | AFFORDABLE HSG OPPORTUNITIES T TENGEN 04/39 FIXED 7.57        | CUSIP: 00826SAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $866908.88    | 0.05%             | 2039-04-01      | Fixed         | 7.57%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL CHI 01/39 FIXED 5.5                                | CUSIP: 167486P52<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2413059.03   | 0.15%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| STATE OF ILLINOIS SALES TAX REVENUE                                              | ILLINOIS ST SALES TAX REVENUE ILSGEN 06/31 FIXED 5            | CUSIP: 452227SF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2217345.80   | 0.14%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 12/55 ADJUSTABLE VAR    | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2450910.82   | 0.15%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                         | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/52 ZEROCPNOID 0      | CUSIP: 888809AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $247472.74    | 0.02%             | 2052-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TAMPA HEALTH SYSTEMS                                                             | TAMPA FL CAPITAL IMPT CIGARETT TAMGEN 09/37 ZEROCPNOID 0      | CUSIP: 875146AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $495820.08    | 0.03%             | 2037-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RFR USD SOFR/3.50000 09/17/25-30Y CME                         | CUSIP: 000000000<br>LEI: N/A                  | N/A              | DIR              |  | US        |         1 | NC      | $5792382.56   | 0.36%             |  |  |  | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | CROSSROADS SQUARE FIXED DELAYED DRAW TERM LOAN                | CUSIP: BA000TTL6<br>LEI: 549300NQVL49BTHOW391 | Long             | ABS-MBS          | CORP              | US        |   7070000 | PA      | $7071151.00   | 0.44%             | 2026-10-13      | Fixed         | 7.00%                 | No            |                  3 | On Loan: No      |
| TOLL ROAD INVESTORS PARTNERSHIP II LP                                            | TOLL ROAD INV PART II INSURED 144A 02/43 0.00000              | CUSIP: 88948ABM8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   6595959 | PA      | $2333650.23   | 0.15%             | 2043-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 FIXED 5.125       | CUSIP: 04052TDC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4895000 | PA      | $4555355.53   | 0.28%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH MF CASMFH 11/36 FIXED 4           | CUSIP: 130483ES5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3655000 | PA      | $3503587.60   | 0.22%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF RENO NV                                                                  | RENO NV SALES TAX REVENUE RENGEN 07/58 ZEROCPNOID 0           | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |  22500000 | PA      | $3559884.75   | 0.22%             | 2058-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.375       | CUSIP: 676900XS7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035165.50   | 0.06%             | 2045-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY VRD CERTIFICATES                                               | FEDERAL HOME LOAN MTGE CORP MF FEDMFH 06/42 ADJUSTABLE VAR    | CUSIP: 31350ADY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2097686 | PA      | $2129476.59   | 0.13%             | 2042-06-25      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 03/56 FIXED 4               | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4150000 | PA      | $3358724.07   | 0.21%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                                       | CHICAGO IL BRD OF EDU CHIEDU 12/47 FIXED OID 5.875            | CUSIP: 167505ZF6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3580000 | PA      | $3606013.00   | 0.22%             | 2047-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| THE PORT AUTHORITY OF NEW YORK AND NEW JERSEY                                    | PORT AUTH OF NEW YORK   NEW JE PORTRN 06/94 FIXED OID 6.125   | CUSIP: 733580S88<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003405.20   | 0.12%             | 2094-06-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| THE INDUSTRIAL DEVELOPMENT BOARD OF THE CITY OF KINGSPORT TENNESSEE              | MAPLE OAKS FIXED TAX EXEMPT PERM DDTL                         | CUSIP: BA000S8S6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   8926510 | PA      | $8926510.00   | 0.56%             | 2042-12-01      | Fixed         | 6.20%                 | No            |                  3 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/41 FIXED 3.51          | CUSIP: 45204FED3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2070000 | PA      | $1672904.45   | 0.10%             | 2041-05-15      | Fixed         | 3.51%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 10/46 FIXED 3.4         | CUSIP: 126292AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    790000 | PA      | $624316.54    | 0.04%             | 2046-10-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 10/35 FIXED 5            | CUSIP: 09182TGM3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7947787.50   | 0.50%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/31 FIXED OID 4       | CUSIP: 64542PBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2510000 | PA      | $1957800.00   | 0.12%             | 2031-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DETROIT                                                                  | DETROIT MI DET 04/44 ADJUSTABLE VAR                           | CUSIP: 251093S84<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |  12232758 | PA      | $9591486.58   | 0.60%             | 2044-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                                  | CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/54 ADJUSTABLE VAR    | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2691088.81   | 0.17%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| YONKERS NY ECONOMIC DEV CORP EDL REV                                             | YONKERS NY ECON DEV CORP EDUCT YONDEV 10/54 FIXED 5           | CUSIP: 98608MAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $843881.63    | 0.05%             | 2054-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 12/54 FIXED 5           | CUSIP: 64542PEX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $220334.28    | 0.01%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/38 FIXED 5           | CUSIP: 939783WQ5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $895645.60    | 0.06%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAIL HOME PARTNERS CORP                                                          | VAIL HOME PARTNERS CORP CO HSG VHPHSG 10/55 FIXED OID 5.875   | CUSIP: 91879VAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2544456.25   | 0.16%             | 2055-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI HLTHCARE FA PUBMEC 07/56 FIXED 4           | CUSIP: 74444KBZ6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1666960.88   | 0.10%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SALT VERDE FINANCIAL CORPORATION                                                 | SALT VERDE AZ FINANCIAL CORP S SLTPWR 12/37 FIXED OID 5       | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3257571.90   | 0.20%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GARLAND HOUSING FINANCE CORPORATION                                              | GARLAND TX HSG FIN CORP MF HSG GARHSG 01/43 FIXED 4.61        | CUSIP: 366144AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1097000 | PA      | $1112688.75   | 0.07%             | 2043-01-01      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| HASTINGS CAMPUS HOUSING FINANCE AUTHORITY                                        | HASTINGS CAMPUS HSG FIN AUTH C HCHGEN 07/61 FIXED 5           | CUSIP: 418338AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1802637.80   | 0.11%             | 2061-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH OHSDEV 11/39 ADJUSTABLE VAR      | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   5045000 | PA      | $5124732.69   | 0.32%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| DOMINION WATER & SANITATION DISTRICT                                             | DOMINION WTR   SANTN DIST CO R DOMWTR 12/27 FIXED 5           | CUSIP: 25755AAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1172180.36   | 0.07%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA COUNTY PORT AUTHORITY                                         | CLEVELAND CUYAHOGA CNTY OH POR CLETRN 12/55 FIXED 4           | CUSIP: 18611HAB1<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    910000 | PA      | $699139.26    | 0.04%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/61 ZEROCPNOID 0          | CUSIP: 74442PRQ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4545000 | PA      | $394556.00    | 0.02%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY M CERTIFICATES M-070                                     | FREDDIE MAC MULTIFAMILY VARIAB FMMV M070 A                    | CUSIP: 3137HASB3<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   5847083 | PA      | $6017648.18   | 0.38%             | 2040-07-15      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | RVPO STATE STREET GLOBAL MARKE USD RVPO FICC SSGM             | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  18800000 | PA      | $18800000.00  | 1.17%             |  |  |  | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTHORITY                                               | GTR ORLANDO FL AVIATION AUTH A GREAPT 10/40 FIXED 5           | CUSIP: 3922745N2<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3336476.74   | 0.21%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                   | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/55 FIXED 5            | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  30000000 | PA      | $24322044.00  | 1.52%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOMINION WATER & SANITATION DISTRICT                                             | DOMINION WTR   SANTN DIST CO R DOMWTR 12/32 FIXED 5.25        | CUSIP: 25755AAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3265721.64   | 0.20%             | 2032-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 06/55 ADJUSTABLE VAR    | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1587308.10   | 0.10%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | 3412 VICTORIA FIXED DELAYED DRAW TERM LOAN                    | CUSIP: BA000RHM1<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   2980110 | PA      | $2980110.00   | 0.19%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                                | ATLANTA GA DEV AUTH ATLDEV 04/34 FIXED 5                      | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $714701.33    | 0.04%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK COUNTIES TOBACCO TRUST V                                                | NEW YORK CNTYS NY TOBACCO TRUS NYSGEN 06/60 ZEROCPNOID 0      | CUSIP: 649441AE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  90000000 | PA      | $3749058.00   | 0.23%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF CUYAHOGA OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE CUYMED 02/57 FIXED OID 5        | CUSIP: 2322655W4<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2457082.96   | 0.15%             | 2057-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH UNIV HSG R INSHSG 07/53 FIXED 5.928       | CUSIP: 45471MAC0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3655000 | PA      | $3606991.21   | 0.22%             | 2053-07-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| COUNTY OF BERNALILLO NM                                                          | LA SERENA FIXED DELAYED DRAW TERM LOAN                        | CUSIP: BA000TTG7<br>LEI: 549300HH7LOB1GPMU667 | Long             | ABS-MBS          | CORP              | CL        |  18976209 | PA      | $18979307.44  | 1.18%             | 2027-01-04      | Fixed         | 7.48%                 | No            |                  3 | On Loan: No      |
| ST CLOUD MINN HEALTH CARE REV                                                    | SAINT CLOUD MN HLTH CARE REVEN SUDMED 05/48 FIXED 5           | CUSIP: 78916VDV9<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518671.40   | 0.09%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/42 FIXED 5           | CUSIP: 64985SBR3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3040000 | PA      | $3218712.48   | 0.20%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY                                  | NEW YORK CITY NY MUNI WTR FIN NYUTL 06/44 ADJUSTABLE VAR      | CUSIP: 64972GC69<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25000000.00  | 1.56%             | 2044-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/46 FIXED 5           | CUSIP: 64542PBW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $5548000.00   | 0.35%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONONGALIA COUNTY OF                                                             | MONONGALIA CNTY WV COMMISSION MONGEN 06/33 FIXED OID 5        | CUSIP: 61022DAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $412932.84    | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL REVENUE CPTGEN 01/56 FIXED 5             | CUSIP: 14052WDT1<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1263867.00   | 0.08%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN COUNTY CONVENTION FACILITIES AUTHORITY HOTEL PROJECT REVENUE            | FRANKLIN CNTY OH CONVENTION FA FRAFAC 12/37 FIXED 5           | CUSIP: 35317DAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $666639.94    | 0.04%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES AUTHORITY                      | CONNECTICUT ST HLTH   EDUCTNLF CTSHGR 07/49 ADJUSTABLE VAR    | CUSIP: 20775DZK1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |  30000000 | PA      | $30000000.00  | 1.87%             | 2049-07-01      | Variable      | 0.15%                 | No            |                  2 | On Loan: No      |
| LUZERNE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                  | LUZERNE CNTY PA INDL DEV AUTH LUZDEV 12/39 ADJUSTABLE VAR     | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1851959.00   | 0.12%             | 2039-12-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | NEW JERSEY ST ECON DEV AUTH RE NJSDEV 06/40 FIXED 4           | CUSIP: 64577XCR5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998596.50    | 0.06%             | 2040-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORPORATION                                                   | BUILD NYC RESOURCE CORP NY REV BUIGEN 06/32 FIXED 5           | CUSIP: 12008ETH9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206733.96    | 0.01%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                               | NEW YORK ST DORM AUTH REVENUES NYSHGR 07/36 FIXED 5           | CUSIP: 64985SBK8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1125590.80   | 0.07%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANCHOR SENIOR LIVING - IMPACT FUND LIHTC PORTFOLIO                               | ANCHOR SENIOR LIVING FIXED TERM LOAN                          | CUSIP: BA000DPL5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13196790 | PA      | $14193147.68  | 0.88%             | 2042-10-01      | Fixed         | 6.02%                 | Yes           |                  3 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2023 ML20 AUS                   | CUSIP: 3137HBCD4<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  10446763 | PA      | $10574556.17  | 0.66%             | 2040-08-25      | Variable      | 4.55%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                         | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/50 FIXED OID 5       | CUSIP: 57585BPA0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4849029.48   | 0.30%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 06/53 FIXED OID 5.25     | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507100.90    | 0.03%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                         | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5           | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1542668.86   | 0.10%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS FIN AUTH SURFACE FREI ILSTRN 12/43 ADJUSTABLE VAR    | CUSIP: 45203PAD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066282.00   | 0.13%             | 2043-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| NEW YORK ENERGY FINANCE DEVELOPMENT CORPORATION                                  | NEW YORK ENERGY FIN DEV CORP NYEFAC 07/56 ADJUSTABLE VAR      | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4983706.10   | 0.31%             | 2056-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH LTD OBLIG MISFIN 05/46 FIXED 5           | CUSIP: 594479GQ4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $829337.41    | 0.05%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH SOUTHN CAL T                                         | TOBACCO SECURITIZATION AUTH ST TOBGEN 06/48 FIXED 5           | CUSIP: 888804CT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1129418.45   | 0.07%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY                                    | MICHIGAN ST TOBACCO SETTLEMENT MISGEN 06/46 ZEROCPNOID 0      | CUSIP: 594751AL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  38000000 | PA      | $5191271.20   | 0.32%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF WOODLAND CA COMMUNITY FACILITIES DISTRICT NO 2004-1                      | CITY OF WOODLAND CFD NO 2004 1 TERM LOAN                      | CUSIP: 948GDAII6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  13442773 | PA      | $13179069.77  | 0.82%             | 2034-09-01      | Fixed         | 4.40%                 | Yes           |                  3 | On Loan: No      |
| LOUISIANA HOUSING FIN AGY MTG REV                                                | VINEYARD AT IOWA FIXED DELAYED DRAW TERM LOAN                 | CUSIP: BA000TST0<br>LEI: 549300VL35TBE7RSJH61 | Long             | ABS-MBS          | CORP              | US        |  10100000 | PA      | $10102687.11  | 0.63%             | 2026-11-15      | Fixed         | 3.98%                 | No            |                  3 | On Loan: No      |
| RIVER ISLANDS PUBLIC FINANCING AUTHORITY                                         | RIVER ISLANDS CA PUBLIC FING A RVIGEN 09/52 FIXED OID 5.75    | CUSIP: 76827QHK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3111057.30   | 0.19%             | 2052-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                           | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/35 FIXED OID 5.25    | CUSIP: 721614AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $328785.53    | 0.02%             | 2035-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 08/49 FIXED 4           | CUSIP: 19648FKT0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $865768.60    | 0.05%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                              | AFFORDABLE HSG OPPORTUNITIES T TENGEN 04/39 FIXED 7.12        | CUSIP: 00826SAP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3785000 | PA      | $3639828.60   | 0.23%             | 2039-04-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                             | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 06/55 FIXED OID 5.5     | CUSIP: 59561UAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1985208.20   | 0.12%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HOUSING FIN AGY MTG REV                                                | FEDERAL BUILDING 10 FIXED DELAYED DRAW TERM LOAN              | CUSIP: BA000TV66<br>LEI: 549300VL35TBE7RSJH61 | Long             | ABS-MBS          | CORP              | US        |   4000000 | PA      | $4000651.20   | 0.25%             | 2026-07-31      | Fixed         | 8.00%                 | No            |                  3 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/40 FIXED 4             | CUSIP: 45204FBE4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3429318.90   | 0.21%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                  | KENTUCKY ST ECON DEV FIN AUTH KYSMED 11/36 FIXED OID 6        | CUSIP: 49126TAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $542266.00    | 0.03%             | 2036-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG HOSPITAL AUTHORITY                                         | CHARLOTTE MECKLENBURG NC HOSPA CHAMED 01/42 ADJUSTABLE VAR    | CUSIP: 160853VA2<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   8600000 | PA      | $8600000.00   | 0.54%             | 2042-01-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER COUNTY LOCAL DEVELOPMENT CORPORATION                                 | WESTCHESTER CNTY NY LOCAL DEV WSTDEV 11/55 FIXED 7.5          | CUSIP: 95737TFX9<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3295839.60   | 0.21%             | 2055-11-01      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| INDIANA HOUSING FINANCE AUTHOR                                                   | INDIANA ST HSG   CMNTY DEV AUT INSMFH 07/56 ADJUSTABLE VAR    | CUSIP: 45506CAP2<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   2965000 | PA      | $2840736.26   | 0.18%             | 2056-07-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH & EDL BLDG CORP                                              | RHODE ISLAND ST HLTH   EDUCTNL RISMED 07/40 FIXED 5           | CUSIP: 762244NW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $372025.15    | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN CENTER DISTRICT                                                        | WISCONSIN CENTER DIST WI TAX R WISGEN 12/45 ZEROCPNOID 0      | CUSIP: 976595FU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $6658522.60   | 0.42%             | 2045-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                         | MASSACHUSETTS ST DEV FIN AGY R MASDEV 07/48 FIXED 5           | CUSIP: 57584YJV2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6075759.00   | 0.38%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE INDUSTRIAL DEVELOPMENT BOARD OF THE CITY OF KINGSPORT TENNESSEE              | MAPLE OAKS FIXED T CONSTRUCTION DDTL                          | CUSIP: BA000S8X5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   3323875 | PA      | $3323875.00   | 0.21%             | 2027-06-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE AND ECONOMIC DEVELOPMENT BANK                          | CALIFORNIA ST INFRASTRUCTURE CASDEV 01/61 ZEROCPNOID 0        | CUSIP: 13034AR28<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2880000 | PA      | $258611.90    | 0.02%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH ECON AZSDEV 07/31 FIXED 5.5          | CUSIP: 040523AK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $7637.50      | 0.00%             | 2031-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2022 ML13 AUS                   | CUSIP: 3137H9JN0<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   1892342 | PA      | $1766797.04   | 0.11%             | 2036-09-25      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| CALHOUN COUNTY NAVIGATION INDUSTRIAL DEVELOPMENT AUTHORITY                       | CALHOUN CNTY TX NAVIGATION IND CLHDEV 07/26 FIXED 3.625       | CUSIP: 129729AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2205890.55   | 0.14%             | 2026-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MIDTOWN MIAMI COMMUNITY DEVELOPMENT DISTRICT                                     | MIDTOWN MIAMI FL CDD SPL ASSMN MDTDEV 05/29 FIXED 5           | CUSIP: 59807PAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1230939.60   | 0.08%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INVESCO QUALITY MUNICIPAL INCOME TRUST                                           | INVESCO QUALITY MUNICIPAL INCO INVESCO QUALITY MUNI INC TR    | CUSIP: 46133G107<br>LEI: WLEGDSEH0E242WVNUY02 | Long             | EC               | CORP              | US        |    461597 | NS      | $4597506.12   | 0.29%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/48 FIXED 5.25         | CUSIP: 64972JCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5254763.00   | 0.33%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.55        | CUSIP: 74529JRQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4493000 | PA      | $4495926.74   | 0.28%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6090 FR 08/40 FIXED 5.21                  | CUSIP: 3132YBXT8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   6600857 | PA      | $7086142.41   | 0.44%             | 2040-08-01      | Fixed         | 5.21%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                                 | PUERTO RICO CMWLTH PRC 11/43 ADJUSTABLE VAR                   | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   9005081 | PA      | $5774508.16   | 0.36%             | 2043-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| TRANSPORT METROPOLITAN DISTRICT NO 3                                             | TRANSPORT MET DIST  3 CO TMDDEV 12/51 FIXED 5                 | CUSIP: 89386FAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $391277.40    | 0.02%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI LTD OBLIG G PUBFIN 08/31 FIXED OID 6.75    | CUSIP: 74446EAB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3465000.00   | 0.22%             | 2031-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/50 FIXED 3.85        | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5205000 | PA      | $4759774.71   | 0.30%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                                | ATLANTA GA DEV AUTH ATLDEV 12/48 INT APROID VAR               | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $4672933.72   | 0.29%             | 2048-12-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SACRAMENTO CA                                                            | SACRAMENTO CA SPL TAX SACGEN 09/46 FIXED 4                    | CUSIP: 786071RB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1080788.40   | 0.07%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | IOWA ST FIN AUTH REVENUE IASGEN 01/42 FIXED OID 8             | CUSIP: 46247SCZ5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   5640000 | PA      | $5021884.20   | 0.31%             | 2042-01-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HOUSING FNANCE AGCY TE CONSTRUCTION                | CUSIP: BA000QZT8<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   5698670 | PA      | $5699477.40   | 0.36%             | 2028-04-01      | Fixed         | 1.22%                 | No            |                  3 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE2060 FR 02/38 FIXED 3.85                  | CUSIP: 3132Y7JD8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2161435 | PA      | $2063397.97   | 0.13%             | 2038-02-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2023 ML17 A                     | CUSIP: 3137HAMK9<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   3626870 | PA      | $3135200.68   | 0.20%             | 2043-04-25      | Variable      | 3.08%                 | No            |                  2 | On Loan: No      |
| GEISINGER AUTH PA HEALTH SYSTEM                                                  | GEISINGER PA AUTH HLTH SYS REV GEIMED 02/47 FIXED 4           | CUSIP: 368497HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $11575981.30  | 0.72%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FINGA PASDEV 12/38 ADJUSTABLE VAR    | CUSIP: 708686ES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012613.40   | 0.13%             | 2038-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FACILITIES FINANCING AUTHORITY                        | HGR EDU FACS FING AUTH FL HGR FLSHGR 07/45 FIXED OID 6        | CUSIP: 42982GAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $4884132.33   | 0.30%             | 2045-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND                                | CHICAGO IL TRANSIT AUTH SALES CHITRN 12/50 FIXED 4            | CUSIP: 16772PCC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2015775.00   | 0.13%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY SCHOOL DISTRICT OF ALBANY                                                   | ALBANY NY CITY SCH DIST ALBSCD 06/26 FIXED 4                  | CUSIP: 012434SY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4022449.60   | 0.25%             | 2026-06-25      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENTON CNTY TEX                                                                  | DENTON CNTY TX SPL ASSMNT REVE DNNDEV 12/55 FIXED 5.625       | CUSIP: 24880GAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2780741.07   | 0.17%             | 2055-12-31      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CITY OF COLBY KS                                                                 | COLBY KS HOSP LOAN ANTICIPATIO COLBY REV                      | CUSIP: 19277TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3299965.68   | 0.21%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | 4345 MATILJA TE PERM 144A                                     | CUSIP: BA000QPH5<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   4176932 | PA      | $4176931.91   | 0.26%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| SAN DIEGO COUNTY REGIONAL AIRPORT AUTHORITY                                      | SAN DIEGO CNTY CA REGL ARPT AU SDGAPT 07/34 FIXED 5           | CUSIP: 79739GNL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6385000 | PA      | $6974389.13   | 0.43%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL CHI 01/35 FIXED 5.5                                | CUSIP: 167486D71<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1915388.48   | 0.12%             | 2035-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/48 FIXED 5           | CUSIP: 939783WR3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    500000 | PA      | $366209.40    | 0.02%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML27                                                | FREDDIE MAC MULTIFAMILY FRETE 2024 ML27 BUS                   | CUSIP: 35833XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   3600000 | PA      | $2951797.14   | 0.18%             | 2042-01-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/66 ZEROCPNOID 0      | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  69295000 | PA      | $6793259.10   | 0.42%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IOWA TOBACCO SETTLEMENT AUTHORITY                                                | TOBACCO SETTLEMENT AUTH IA TOB TOBGEN 06/65 ZEROCPNOID 0      | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14455000 | PA      | $2071729.63   | 0.13%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FEDERAL HOME LOAN MTGE CORP MU FEDMFH 12/36 ADJUSTABLE VAR    | CUSIP: 3137HB2V5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  10173750 | PA      | $10207890.25  | 0.64%             | 2036-12-25      | Variable      | 4.03%                 | No            |                  2 | On Loan: No      |
| NEW YORK COUNTIES TOBACCO TRUST V                                                | NEW YORK CNTYS NY TOBACCO TRUS NYSGEN 06/55 ZEROCPNOID 0      | CUSIP: 649441AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  26000000 | PA      | $2147834.00   | 0.13%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BERKS COUNTY MUNICIPAL AUTHORITY                                                 | BERKS CNTY PA MUNI AUTH BERKS CO MUNI AUTH A1                 | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $827752.85    | 0.05%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 08/39 FIXED 4             | CUSIP: 45204FBD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5370000 | PA      | $5298779.30   | 0.33%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA STATE HOUSING FINANCE AND DEVELOPMENT AUTHORITY                   | MULTIFAMILY TAX EXEMPT MORTGAG MTEMS 2023 07FN PT             | CUSIP: 83712LAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6343214.40   | 0.40%             | 2043-07-01      | Fixed         | 4.77%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/46 FIXED 5           | CUSIP: 64542PAV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4945000 | PA      | $4462862.50   | 0.28%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                         | FAIRHAVEN GLEN FIXED TAX EXEMPT CONSTRUCTIONA                 | CUSIP: BA00061X0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12210000 | PA      | $12158718.00  | 0.76%             | 2067-01-01      | Floating      | 6.26%                 | No            |                  3 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH SPL REVEN NFAGEN 06/39 FIXED 5.625       | CUSIP: 63608TAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600766.72   | 0.10%             | 2039-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                  | BALDWIN CNTY AL INDL DEV AUTH BLWPOL 06/55 ADJUSTABLE VAR     | CUSIP: 05786PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1708419.76   | 0.11%             | 2055-06-01      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2023 ML15 A                     | CUSIP: 3137HA4G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   7798436 | PA      | $7611140.57   | 0.47%             | 2040-01-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD POOL                                                            | FED HM LN PC POOL WE6065 FR 07/40 FIXED 3.79                  | CUSIP: 3132YBW28<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   4120142 | PA      | $3855861.99   | 0.24%             | 2040-07-01      | Fixed         | 3.79%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY ALA MED CLINIC BRD HEALTH REV                                         | MONTGOMERY AL MED CLINIC BRD H MONMED 03/30 FIXED 5           | CUSIP: 613058CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4305000 | PA      | $430500.00    | 0.03%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER METROPOLITAN DISTRICT NO 7                         | COLORADO INTL CTR MET DIST NO CICDEV 12/51 INT APROID VAR     | CUSIP: 19650TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6375000 | PA      | $5285920.50   | 0.33%             | 2051-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/43 FIXED 5             | CUSIP: 45204EL97<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4688187.06   | 0.29%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 INTERAPREC VAR    | CUSIP: 04052TDE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2484168 | PA      | $1307112.07   | 0.08%             | 2059-01-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI RETMNT FAC PUBFIN 03/45 FIXED 5.25         | CUSIP: 74444VAV2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1421368.50   | 0.09%             | 2045-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5053 FR 12/40 FIXED 4.5                   | CUSIP: 3132YATJ7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4568000 | PA      | $4573971.97   | 0.29%             | 2040-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION                 | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/52 FIXED 5.5         | CUSIP: 87638TJR5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1837471.35   | 0.11%             | 2052-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GA MELPWR 01/40 FIXED 5                     | CUSIP: 62620HJT0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1347498.63   | 0.08%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 09/62 INT APROID VAR    | CUSIP: 126292CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $7239306.80   | 0.45%             | 2062-09-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY                                                      | CMFA SPL FIN AGY CA ESSENTIAL CMFHSG 08/45 FIXED 4            | CUSIP: 12574WAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5445000 | PA      | $4811577.71   | 0.30%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION                 | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/50 ADJUSTABLE VAR    | CUSIP: 87638QSL4<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.06%             | 2050-11-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELECTRIC POWER AUTHORITY                                             | PUERTO RICO ELEC PWR AUTH PWRR PRCPWR 07/29 FIXED 5           | CUSIP: 74526YCY9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |  17700000 | PA      | $11859000.00  | 0.74%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF DALLAS HOUSING FINANCE CORPORATION                                       | DALLAS TX HSG FIN CORP RSDL DE DALHSG 12/62 FIXED OID 6       | CUSIP: 23529CAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2819844.90   | 0.18%             | 2062-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CITY OF FIREBAUGH CA                                                             | FIREBAUGH CA LEASE AGREEMENT FRBGEN 08/29 FIXED 2.05          | CUSIP: 31813EAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $789209.70    | 0.05%             | 2029-08-01      | Fixed         | 2.05%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS-ST PAUL METROPOLITAN AIRPORTS COMMISSION                             | MINNEAPOLIS SAINT PAUL MN MET MINAPT 01/36 FIXED 5            | CUSIP: 603827K54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2057303.09   | 0.13%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI SPL REVENUE PUBFAC 12/29 FIXED OID 6.125   | CUSIP: 74447TAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4225000 | PA      | $4273966.91   | 0.27%             | 2029-12-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| MONONGALIA COUNTY OF                                                             | MONONGALIA CNTY WV COMMISSION MONGEN 06/43 FIXED OID 5.75     | CUSIP: 61022DAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $926246.13    | 0.06%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CREDIT SUISSE GROUP AG                                                           | CS AT1 CLAIMS US225401AK46 CREDIT SUISSE GROUP AG             | CUSIP: 952NPK908<br>LEI: 549300506SI9CRFV9Z86 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $885000.00    | 0.06%             | 2060-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINAN                                                   | CLIFTON TX HGR EDU FIN CORP ED CLIEDU 02/41 FIXED 5           | CUSIP: 187145VK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $4132135.32   | 0.26%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 01/41 ADJUST OID VAR    | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8742601 | PA      | $8671775.95   | 0.54%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| COLUMBUS REGIONAL AIRPORT AUTHORITY                                              | COLUMBUS OH REGL ARPT AUTH REV COLAPT 01/55 FIXED 5.5         | CUSIP: 199546DD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2104775.80   | 0.13%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COLORADO STATE                                                                   | COLORADO ST BLDG EXCELLENT SCH COSEDU 03/42 FIXED 4           | CUSIP: 19668QJF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2993156.10   | 0.19%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/64 FIXED 7           | CUSIP: 93978LJR8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    700000 | PA      | $718689.44    | 0.04%             | 2064-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AUTHORITY                                                          | CAPITAL TRUST AUTH FL EDUCTNL CAPITAL TRUST AGY A             | CUSIP: 14054WAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3580000 | PA      | $3648849.49   | 0.23%             | 2058-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                              | MASSACHUSETTS ST MAS 02/41 FIXED 4                            | CUSIP: 57582RPK6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000742.80   | 0.12%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                          | MUNI ELEC AUTH OF GEORGIA MELPWR 01/49 FIXED 5                | CUSIP: 626207X25<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   8575000 | PA      | $8578311.67   | 0.53%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DAYTON-MONTGOMERY COUNTY PORT AUTHORITY                                          | DAYTON MONTGOMERY CNTY OH PORT DAYTRN 01/45 FIXED 6.625       | CUSIP: 23982CAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1355826.16   | 0.08%             | 2045-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| WILD RIVERS WATER PARK                                                           | WILD RIVERS WATER PARK SECURED 11/51 8.5                      | CUSIP: 96810LAA9<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   5300000 | PA      | $4123630.23   | 0.26%             | 2051-11-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 11/41 ADJUSTABLE VAR    | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   7575956 | PA      | $7294998.79   | 0.45%             | 2041-11-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| ROCHESTER CITY OF                                                                | ROCHESTER MN HLTH CARE FACS RE MNHOSP 11/64 ADJUSTABLE VAR    | CUSIP: 771902HN6<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |  30000000 | PA      | $30000000.00  | 1.87%             | 2064-11-15      | Variable      | 0.15%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 08/39 ADJUST OID VAR    | CUSIP: 63607WAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7811213 | PA      | $303543.72    | 0.02%             | 2039-08-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6084 FR 02/40 FIXED 4.9                   | CUSIP: 3132YBXM3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2957057 | PA      | $3087625.04   | 0.19%             | 2040-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| PARISH OF ST JAMES LA                                                            | SAINT JAMES PARISH LA REVENUE STJGEN 10/40 FIXED 6.35         | CUSIP: 790103AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2403962.00   | 0.15%             | 2040-10-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| FLORIDA LOCAL GOVERNMENT FINANCE COMMISSION                                      | FLORIDA LOC GOVT FIN COMMISSIO FLSFAC 11/45 FIXED OID 6.625   | CUSIP: 34077UAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1583633.55   | 0.10%             | 2045-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/47 FIXED 5            | CUSIP: 64972JMG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5716860.05   | 0.36%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY INDUSTRIAL DEVELOPMENT AGENCY                                      | NEW YORK CITY NY INDL DEV AGY NYCDEV 03/26 CPI LINKED VAR     | CUSIP: 64971PFB6<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001119.30   | 0.19%             | 2026-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HOUSING FIN AGY MTG REV                                                | TOURO SHAKESPEARE FIXED TE CONSTRUCTION DDTL                  | CUSIP: BA000SRY2<br>LEI: 549300VL35TBE7RSJH61 | Long             | ABS-MBS          | CORP              | US        |   9040000 | PA      | $9040000.00   | 0.56%             | 2028-06-01      | Fixed         | 1.02%                 | No            |                  3 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY                                                      | CMFA SPL FIN AGY CA ESSENTIAL CMFHSG 12/45 FIXED 4            | CUSIP: 12574WAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2614503.50   | 0.16%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT OF GREATER CINCINNATI DEVELOPMENT AUTHORITY                                 | PORT OF GTR CINCINNATI DEV AUT PRTDEV 01/45 FIXED 6.5         | CUSIP: 73419RAE2<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1347841.43   | 0.08%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MOON INDUSTRIAL DEVELOPMENT AUTHORITY                                            | MOON INDL DEV AUTH PA REVENUE MOODEV 07/45 FIXED OID 6        | CUSIP: 61543RAT3<br>LEI: 549300CGX4T1GTNHL435 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4912727.00   | 0.31%             | 2045-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HSG & MTG FIN AGY MULTI-FA                                         | NEW JERSEY ST HSG   MTGE FIN A NJSHSG 04/56 FIXED 6.5         | CUSIP: 64613ALU4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2247269.80   | 0.14%             | 2056-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 07/38 FIXED 5           | CUSIP: 167590EZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2899941.12   | 0.18%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACILITIES FINANCING AUTHORITY                                 | CALIFORNIA ST HLTH FACS FING A CASMED 10/50 ADJUSTABLE VAR    | CUSIP: 13032U4R6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4555151.20   | 0.28%             | 2050-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5042 FR 06/43 FIXED 3.6                   | CUSIP: 3132YAS74<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   3266833 | PA      | $2953220.00   | 0.18%             | 2043-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/53 FIXED 5            | CUSIP: 64971X8M3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5018413.89   | 0.31%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                                 | PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR                   | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |  42841212 | PA      | $28060994.06  | 1.75%             | 2051-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| UNION COUNTY IMPROVEMENT AUTHORITY                                               | UNION CNTY NJ IMPT AUTH SOL WS UNNUTL 06/41 FIXED 8.5         | CUSIP: 906352AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $57500.00     | 0.00%             | 2041-06-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| MOBILE COUNTY INDUSTRIAL DEVEL                                                   | MOBILE CNTY AL INDL DEV AUTH S MOBPOL 06/54 FIXED 5           | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7365000 | PA      | $7042071.26   | 0.44%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/40 FIXED 4.329       | CUSIP: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1200000 | PA      | $1175558.28   | 0.07%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE          | NEW YORK CITY NY TRANSITIONAL NYCGEN 08/39 FIXED 4            | CUSIP: 64971XF86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010258.30   | 0.06%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/36 FIXED OID 4       | CUSIP: 64542PAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $1863662.50   | 0.12%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJECTS FINANCE AUTHORITY/FL                                            | CAPITAL PROJS FL FIN AUTH STUD CPPHSG 10/30 FIXED 5           | CUSIP: 140427BL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1708308.00   | 0.11%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                             | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 06/44 FIXED 5.75        | CUSIP: 59561UAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2177057.61   | 0.14%             | 2044-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTERPRISE                                              | COLORADO BRIDGE   TUNNEL ENTER CBTTRN 12/41 FIXED 5           | CUSIP: 19633TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104345.10   | 0.07%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH POLLUTION NFAPOL 12/28 FIXED 4           | CUSIP: 63609YAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4115120.76   | 0.26%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TRUST FD TOBACCO SETTLMNT                                              | THE CHILDRENS TRUST FUND PR TO CHIGEN 05/57 ZEROCPNOID 0      | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  87500000 | PA      | $4152382.50   | 0.26%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTERPRISE                                              | COLORADO BRIDGE   TUNNEL ENTER CBTTRN 12/43 FIXED 5           | CUSIP: 19633TAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083051.60   | 0.07%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                           | OHIO ST AIR QUALITY DEV AUTH OHSDEV 12/38 ADJUSTABLE VAR      | CUSIP: 677525WG8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953359.40    | 0.06%             | 2038-12-01      | Variable      | 2.40%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 06/40 FIXED 5             | CUSIP: 59447TG80<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4895000 | PA      | $4990826.97   | 0.31%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 01/55 ADJUSTABLE VAR    | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1883616.70   | 0.12%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 07/42 FIXED OID 5        | CUSIP: 70869PPF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2046573.40   | 0.13%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH FEV                                             | ORANGE CNTY FLA HEALTH FACS AU 08/54 5                        | CUSIP: 68450LJC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1074846.71   | 0.07%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 07/36 FIXED OID 4.837   | CUSIP: 63607WAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8356540 | PA      | $8460218.71   | 0.53%             | 2036-07-20      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/49 FIXED 4.875       | CUSIP: 88880LAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3295000 | PA      | $3128215.67   | 0.20%             | 2049-06-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| MISSOURI HOUSING DEVELOPMENT COMMISSION                                          | MISSOURI ST HSG DEV COMMISSION MOSSFH 05/56 FIXED 6.25        | CUSIP: 60637GKP3<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1568247.24   | 0.10%             | 2056-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH & EDL BLDG CORP                                              | RHODE ISLAND ST HLTH   EDUCTNL RISMED 07/39 FIXED 5           | CUSIP: 762244NV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $376368.58    | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOB SECURITIZATION AUTH NORTHNCALIF                                              | TOBACCO SECURITIZATION AUTH NT TOBGEN 06/60 ZEROCPNOID 0      | CUSIP: 888794CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28500000 | PA      | $4473166.20   | 0.28%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 10/34 FIXED OID 4                             | CUSIP: 4521526Y2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3458923.36   | 0.22%             | 2034-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS-FRANKLIN COUNTY FINAN                                                   | COLUMBUS FRANKLIN CNTY OH FIN COLMFH 01/46 FIXED 6.05         | CUSIP: 19910XAR7<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |    800000 | PA      | $801573.68    | 0.05%             | 2046-01-01      | Fixed         | 6.05%                 | No            |                  2 | On Loan: No      |
| THE INDUSTRIAL DEVELOPMENT BOARD OF THE CITY OF KINGSPORT TENNESSEE              | MAPLE OAKS FIXED TE CONSTRUCTION DDTL                         | CUSIP: BA000S8T4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   1506155 | PA      | $1506155.00   | 0.09%             | 2027-06-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| TENNERGY CORP                                                                    | TENNERGY CORP TN GAS REVENUE TGYPWR 10/53 ADJUSTABLE VAR      | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6170223.80   | 0.38%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN ST HLTH   EDUCTNL FA WISMED 08/46 FIXED 4           | CUSIP: 97712JDM2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3628267.20   | 0.23%             | 2046-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | NEW JERSEY ST ECON DEV AUTH EC NJSDEV 04/31 FIXED OID 5.75    | CUSIP: 64577HMH1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5035365.50   | 0.31%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DU PAGE & WILL CNTYS ILL SCH DIST NO 204                                         | DU PAGE WILL CNTYS IL CMNTYS DUPSCD 01/40 FIXED 5             | CUSIP: 262608TN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $2050175.18   | 0.13%             | 2040-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PUBLIC FACILITY CORP                                | DENTON ESSENTIAL INVESTMENTS 01/43 1                          | CUSIP: 24881CAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1880000.00   | 0.12%             | 2043-01-01      | Variable      | 6.70%                 | No            |                  3 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA MUNI FIN AUTH FED L CASFIN 07/30 FIXED 3.637       | CUSIP: 13049GAB6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1311612.82   | 0.08%             | 2030-07-01      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/47 FIXED 5           | CUSIP: 167593F72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2085160.96   | 0.13%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING VALLEY COMMUNITY INFRASTRUCTURE DISTRICT NO 1                             | SPRING VLY CMNTY INFRASTRUCTUR SPVGEN 09/51 FIXED 3.75        | CUSIP: 850072AA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1640551.65   | 0.10%             | 2051-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI STUDENT HSG PUBFIN 07/60 FIXED 5.25        | CUSIP: 74439YGW5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15333241.50  | 0.96%             | 2060-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/48 FIXED 5           | CUSIP: 1675935D0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2075775.64   | 0.13%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PFC                                                 | BONNIE BRAE FIXED TERM LOAN                                   | CUSIP: BA000PLR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12800000 | PA      | $12981760.00  | 0.81%             | 2059-06-02      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.25        | CUSIP: 676900YB3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2670689.06   | 0.17%             | 2045-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHICAGO A AMT  REV             | CUSIP: 1675934Q2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2804025.79   | 0.17%             | 2044-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                                       | MICHIGAN ST FIN AUTH REVENUE MISFIN 06/65 ZEROCPNOID 0        | CUSIP: 59447TM26<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  30650000 | PA      | $3098203.15   | 0.19%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GUAM DEPARTMENT OF EDUCATION                                                     | GUAM GOVT DEPT OF EDU COPS GMSEDU 02/30 FIXED 4.25            | CUSIP: 40065AAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1500000 | PA      | $1508589.90   | 0.09%             | 2030-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                          | FREDDIE MAC MULTIFAMILY FRETE 2024 ML21 AUS                   | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   6852369 | PA      | $6942917.05   | 0.43%             | 2041-08-25      | Fixed         | 4.52%                 | Yes           |                  2 | On Loan: No      |
| HARVEST CROSSING METROPOLITAN DISTRICT NO 4                                      | HARVEST CROSSING MET DIST 12/52 7.25                          | CUSIP: 41753TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2503992.00   | 0.16%             | 2052-12-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HOUSING FIN AGY MTG REV                                                | TOURO SHAKESPEARE FIXED TE PERM DDTL                          | CUSIP: BA000SS05<br>LEI: 549300VL35TBE7RSJH61 | Long             | ABS-MBS          | CORP              | US        |   1130000 | PA      | $1130000.00   | 0.07%             | 2044-01-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CLEAR CREEK TRANSIT METROPOLITAN DISTRICT NO 2                                   | CLEAR CREEK TRANSIT MET DIST TRSFAC 12/50 FIXED 5             | CUSIP: 184542AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $520669.10    | 0.03%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 11/35 FIXED 5           | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   8600000 | PA      | $9138383.22   | 0.57%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA SMALL BUSINESS FING A VASDEV 12/56 FIXED 5           | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7135000 | PA      | $6772673.28   | 0.42%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/48 FIXED OID 6.375       | CUSIP: 74442PJV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $900000.00    | 0.06%             | 2048-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/55 FIXED 5               | CUSIP: 74442PPU3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $848057.70    | 0.05%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REUNION METROPOLITAN DISTRICT                                                    | REUNION MET DIST CO SPL REVENU REUFAC 12/44 FIXED OID 3.625   | CUSIP: 76133UAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4993742 | PA      | $3701536.04   | 0.23%             | 2044-12-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                                      | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN 1         | CUSIP: BA000LT25<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   1629654 | PA      | $1629654.00   | 0.10%             | 2043-01-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORPORATION                                         | TENNESSEE ENERGY ACQUISITION C TNSUTL 05/52 ADJUSTABLE VAR    | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5344166.00   | 0.33%             | 2052-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 08/52 FLOATING VAR      | CUSIP: 74440DDT8<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3928311.27   | 0.24%             | 2052-08-01      | Floating      | 3.71%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                          | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                  | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6878940.60   | 0.43%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF BEAUMONT NAVIGATION DISTRICT                                             | PORT BEAUMONT TX NAV DIST DOCK PTBTRN 01/30 FIXED 2.5         | CUSIP: 73360CAJ3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $936603.70    | 0.06%             | 2030-01-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| ENERGY SOUTHEAST A COOPERATIVE DISTRICT                                          | ENERGY S E AL A COOPERATIVE DI ESDPWR 04/54 ADJUSTABLE VAR    | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2105322.93   | 0.13%             | 2054-04-01      | Variable      | 5.75%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC GOLD POOL                                                            | FED HM LN PC POOL WE6072 FR 07/39 FIXED 3.85                  | CUSIP: 3132YBW93<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   4871368 | PA      | $4618878.75   | 0.29%             | 2039-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 08/42 FIXED 4.75        | CUSIP: 46246SAE5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1850046.62   | 0.12%             | 2042-08-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CLACKAMAS CNTY ORE HOSP FAC AUTH REV                                             | CLACKAMAS CNTY OR HOSP FAC AUT CLAMED 05/52 FIXED 5           | CUSIP: 179027YB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $323519.17    | 0.02%             | 2052-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZORIA COUNTY INDUSTRIAL DEVELOPMENT CORP                                      | BRAZORIA CNTY TX INDL DEV CORP BZIFAC 06/43 FIXED 12          | CUSIP: 10604PAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2162147 | PA      | $216214.67    | 0.01%             | 2043-06-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| CITY OF DETROIT                                                                  | DETROIT MI DET 05/39 FIXED 6                                  | CUSIP: 2510936C9<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1596180.60   | 0.10%             | 2039-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 12/62 FIXED 5.75         | CUSIP: 70868YAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2090395.60   | 0.13%             | 2062-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                             | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 06/54 FIXED 6           | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4108580.40   | 0.26%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 02/45 FIXED OID 5.125     | CUSIP: 45204EA73<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    222945 | PA      | $6688.34      | 0.00%             | 2045-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS                                | TEXAS ST DEPT OF HSG   CMNTY A TXSSFH 01/56 FIXED 6           | CUSIP: 882750G71<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5591802.50   | 0.35%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEV                                                   | MARICOPA CNTY AZ INDL DEV AUTH MAREDU 07/26 FIXED 3.5         | CUSIP: 56681NAY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $258819.39    | 0.02%             | 2026-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| 5625 CASE                                                                        | 5625 CASE FIXED DELAYED DRAW TERM LOAN 1                      | CUSIP: BA000PYN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4401523 | PA      | $4401523.37   | 0.27%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                             | CHARLOTTE CNTY FL INDL DEV AUT CHAUTL 10/55 FIXED 6.125       | CUSIP: 16080TAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2179757.37   | 0.14%             | 2055-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| BERKS COUNTY MUNICIPAL AUTHORITY                                                 | BERKS CNTY PA MUNI AUTH BERKS CO MUNI AUTH A1                 | CUSIP: 084538JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1539000 | PA      | $1544223.52   | 0.10%             | 2034-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED OID 5       | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   8130000 | PA      | $7840466.31   | 0.49%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSION ECONOMIC DEVELOPMENT CORPORATION                                         | MISSION TX ECON DEV CORP SOL W MISPOL 06/54 ADJUSTABLE VAR    | CUSIP: 605155BV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4279018.15   | 0.27%             | 2054-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TRUST FD TOBACCO SETTLMNT                                              | THE CHILDRENS TRUST FUND PR TO CHIGEN 05/50 ZEROCPNOID 0      | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   8800000 | PA      | $1803948.96   | 0.11%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| 3981 MEIER                                                                       | 3981 MEIER 144A TE PERM                                       | CUSIP: BA000PMM9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3479130 | PA      | $3479130.00   | 0.22%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                                      | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN 2         | CUSIP: BA000LT17<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7875000 | PA      | $7911204.29   | 0.49%             | 2043-01-01      | Fixed         | 5.16%                 | No            |                  3 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/52 FIXED OID 7.5     | CUSIP: 92810PAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4170045 | PA      | $2502027.00   | 0.16%             | 2052-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/54 FIXED 5.5           | CUSIP: 45204EC48<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2519899.48   | 0.16%             | 2054-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA LOCAL GOVERNMENT FINANCE COMMISSION                                      | FLORIDA LOC GOVT FIN COMMISSIO FLSFAC 11/55 FIXED OID 6.75    | CUSIP: 34077UAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041882.00   | 0.06%             | 2055-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HOUSING FINANCE AUTHORITY                                          | NEW HAMPSHIRE ST HSG FIN AUTH NHSSFH 07/55 FIXED 6.5          | CUSIP: 64469D5S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5335000 | PA      | $6007536.50   | 0.37%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CITY OF CHICAGO                                                                  | CHICAGO IL COPS TAX INCR ALLOC CHI 03/34 FIXED 5              | CUSIP: 16752QAS7<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1483997 | PA      | $1484935.29   | 0.09%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N.M. POLLUTION CONTROL                                                | FARMINGTON NM POLL CONTROL REV FARPOL 04/29 FIXED 1.8         | CUSIP: 311450GA2<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   8440000 | PA      | $8003471.38   | 0.50%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| AURORA HIGHLANDS COMMUNITY AUTHORITY BOARD                                       | AURORA HIGHLANDS CMNTY AUTH BR AHIDEV 12/51 FIXED 5.75        | CUSIP: 05164HAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3852057.60   | 0.24%             | 2051-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                  | KENTUCKY ST ECON DEV FIN AUTH KYSMED 07/31 FIXED OID 4.25     | CUSIP: 49126TBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1340628.74   | 0.08%             | 2031-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                           | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/30 FIXED 5           | CUSIP: 721614AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $358131.76    | 0.02%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | 8911 RAMSGATE FIXED TE PERM 144A DDTL                         | CUSIP: BA000Q611<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   4412915 | PA      | $4412915.00   | 0.28%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/37 FIXED 5.5            | CUSIP: 442349HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2718991.50   | 0.17%             | 2037-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COUNTY OF WARRICK IN                                                             | WARRICK CNTY IN ENVRNMNTL IMPT WARFAC 09/55 ADJUSTABLE VAR    | CUSIP: 936195AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013444.00   | 0.06%             | 2055-09-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEVELOPMENT FINANCE AUTHORITY                                           | OKLAHOMA ST DEV FIN AUTH OKSDEV 08/36 FIXED 4                 | CUSIP: 6789083N2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1173793.18   | 0.07%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACKROCK MUNIYIELD QUALITY FUND III INC                                         | BLACKROCK MUNIYIELD QUALITY FU BLACKROCK MUNIYIELD QLTY III   | CUSIP: 09254E103<br>LEI: UB5J2GS6Q51M6A2L8886 | Long             | EC               | CORP              | US        |    490934 | NS      | $5336452.58   | 0.33%             |  |  |  | No            |                  1 | On Loan: No      |
| NORTH CAROLINA HOUSING FINANCE AGENCY                                            | NORTH CAROLINA ST HSG FIN AGY NCSHSG 01/55 FIXED 6.25         | CUSIP: 6582077Q2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1982559.19   | 0.12%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/43 FIXED 5               | CUSIP: 74442PK61<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023869.50   | 0.06%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONGS PEAK METROPOLITAN DISTRICT                                                 | LONGS PEAK MET DIST CO LPMGEN 12/51 FIXED 5.25                | CUSIP: 54316AAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2446434.50   | 0.15%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL REVENUE CPTGEN 01/35 ZEROCPNOID 0        | CUSIP: 14052WDG9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2390000 | PA      | $1443318.61   | 0.09%             | 2035-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE6104 FR 01/41 FIXED 3.72                  | CUSIP: 3132YBX92<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   4414842 | PA      | $4095813.83   | 0.26%             | 2041-01-01      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/51 FIXED 5           | CUSIP: 38122ND90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1876926.21   | 0.12%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CONTROL FINANCING AUTHORITY                                 | CALIFORNIA ST POLL CONTROL FIN CASPOL 12/39 FIXED OID 7.5     | CUSIP: 130536RK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2451113 | PA      | $24.51        | 0.00%             | 2039-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH ECON AZSDEV 07/51 FIXED 6            | CUSIP: 040523AL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $35250.00     | 0.00%             | 2051-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5056 FR 03/41 FIXED 4.6                   | CUSIP: 3132YATM0<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2600000 | PA      | $2626049.74   | 0.16%             | 2041-03-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCE AUTHORITY                                             | TOBACCO SETTLEMENT FIN AUTH WV TOBGEN 06/47 ZEROCPNOID 0      | CUSIP: 88880LAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  70100000 | PA      | $6762343.71   | 0.42%             | 2047-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OHIO WATER DEVELOPMENT AUTHORITY WATER POLLUTION CONTROL LOAN FUND               | OHIO ST WTR DEV AUTH WTR POLL OHSPOL 06/33 FIXED 4.75         | CUSIP: 67766WXM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2715727.33   | 0.17%             | 2033-06-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 12/52 ADJUSTABLE VAR    | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  15500000 | PA      | $16214658.50  | 1.01%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKS COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                    | BUCKS CNTY PA INDL DEV AUTH HO BUCMED 07/51 FIXED 4           | CUSIP: 11861MBM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $881428.38    | 0.05%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5063 FR 04/39 FIXED 3.85                  | CUSIP: 3132YATU2<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   2978219 | PA      | $2820385.61   | 0.18%             | 2039-04-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS AVIATION BOARD                                                       | NEW ORLEANS LA AVIATION BRD NEWTRN 01/37 FIXED 5              | CUSIP: 64763HMJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4841569.74   | 0.30%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                                      | CALIFORNIA HOUSING FNANCE AGCY TE CONS                        | CUSIP: BA000PMJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   6159750 | PA      | $6156657.25   | 0.38%             | 2028-04-01      | Fixed         | 1.37%                 | No            |                  3 | On Loan: No      |
| CITY OF MINNEAPOLIS MINNESOTA                                                    | MINNEAPOLIS MN HLTH CARE SYS R MINMED 11/49 FIXED 5           | CUSIP: 60374VEF6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1950003.60   | 0.12%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUTTER HEALTH                                                                    | SUTTER HEALTH UNSECURED 08/35 5.537                           | CUSIP: 86944BAQ6<br>LEI: 549300MJCC12LU768G81 | Long             | DBT              | CORP              | US        |   3500000 | PA      | $3655564.92   | 0.23%             | 2035-08-15      | Fixed         | 5.54%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0      | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        | 105489000 | PA      | $26524692.15  | 1.65%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORPORATION                                                   | BUILD NYC RESOURCE CORP NY REV BUIGEN 06/45 FIXED OID 5.25    | CUSIP: 12008EXF8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    900000 | PA      | $890152.11    | 0.06%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW MEXICO MORTGAGE FINANCE AUTHORITY                                            | PEACHTREE CANYON FIXED DELAYED DRAW TERM LOAN                 | CUSIP: BA000TT10<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  11843764 | PA      | $11848578.96  | 0.74%             | 2027-01-30      | Fixed         | 2.90%                 | No            |                  3 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                             | COLORADO ST HLTH FACS AUTH REV COSMED 11/47 FIXED 5.5         | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4207898.40   | 0.26%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI SPL REVENUE PUBFAC 09/29 ZEROCPNOID 0      | CUSIP: 74447TAA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    342000 | PA      | $261806.88    | 0.02%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GILBERTS SPECIAL SERVICE AREA NO 25                                              | GILBERTS IL SPL SVC AREA  25 S GILFAC 03/48 INT APROID VAR    | CUSIP: 37546TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4913000 | PA      | $4855442.73   | 0.30%             | 2048-03-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA FIN AUTH MIDWESTERN DI INDGEN 11/30 FIXED 4.25        | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4368349.33   | 0.27%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| COLORADO BRIDGE & TUNNEL ENTERPRISE                                              | COLORADO BRIDGE   TUNNEL ENTER CBTTRN 12/42 FIXED 5           | CUSIP: 19633TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093353.70   | 0.07%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PUBLIC FACILITY CORP                                | DENTON ESSENTIAL INVESTMENTS P 01/59 6.697                    | CUSIP: 24881CAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8000000.00   | 0.50%             | 2059-01-01      | Fixed         | 6.70%                 | No            |                  3 | On Loan: No      |
| MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                            | MONTGOMERY CNTY PA INDL DEV AU MONDEV 11/44 FIXED 5           | CUSIP: 613609N28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1257399.78   | 0.08%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                                   | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/32 ZEROCPNOID 0       | CUSIP: 646136XK2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1605702.00   | 0.10%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML26                                                | FREDDIE MAC MULTIFAMILY FRETE 2024 ML26 B                     | CUSIP: 35834CAB7<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   7800000 | PA      | $5244232.50   | 0.33%             | 2039-01-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WA ST HSG FIN COMM 1           | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4563034 | PA      | $4478256.61   | 0.28%             | 2040-03-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 01/46 FIXED OID 6       | CUSIP: 939783Z33<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4498175.25   | 0.28%             | 2046-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN HLTH EDL FACS AUTH S WISMED 07/55 FIXED OID 5.875   | CUSIP: 97671VCP8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2403684.24   | 0.15%             | 2055-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                                 | PUERTO RICO CMWLTH PRC 07/27 FIXED 5.625                      | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2758141 | PA      | $2817494.26   | 0.18%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| COUNTY OF GRAND FORKS                                                            | GRAND FORKS CNTY ND GRADEV 12/31 FIXED 6.625                  | CUSIP: 38543PAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $15.00        | 0.00%             | 2031-12-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 11/35 FIXED 5             | CUSIP: 45204E6D5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1454250.00   | 0.09%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE                      | MET WASHINGTON DC ARPTS AUTH A METAPT 10/46 FIXED 5.25        | CUSIP: 592647NE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2089045.00   | 0.13%             | 2046-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DOMINION WATER & SANITATION DISTRICT                                             | DOMINION WTR   SANTN DIST CO R DOMWTR 12/52 FIXED 5.875       | CUSIP: 25755AAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9198000 | PA      | $9404134.54   | 0.59%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NUVEEN MUNICIPAL CREDIT INCOME FUND                                              | NUVEEN MUNICIPAL CREDIT INCOME NUVEEN MUNICIPAL CREDIT INC    | CUSIP: 67070X101<br>LEI: 54930078DL3R0VSYW338 | Long             | EC               | CORP              | US        |    462380 | NS      | $5816740.40   | 0.36%             |  |  |  | No            |                  1 | On Loan: No      |
| ANGELINA & NECHES RIVER AUTHORITY                                                | ANGELINA NECHES RIVER AUTH I ANGDEV 12/45 FIXED 12            | CUSIP: 03469KAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $113490.00    | 0.01%             | 2045-12-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANS 06/60 5.125                                 | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5023295.50   | 0.31%             | 2060-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| AUSTIN HOUSING FINANCE CORPORATION                                               | AUSTIN TX HSG FIN CORP AUSMFH 11/42 ADJUSTABLE VAR            | CUSIP: 052425HY4<br>LEI: 549300UBTYKESVNBXV64 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1766528.58   | 0.11%             | 2042-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | 5749 BRYNHURST TE PERM                                        | CUSIP: BA000QZR2<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   3754475 | PA      | $3754475.47   | 0.23%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                              | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/47 FIXED 5           | CUSIP: 64542PDD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1086770.70   | 0.07%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL REVENUE CPTGEN 01/61 ZEROCPNOID 0        | CUSIP: 14052WDV6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   5470000 | PA      | $474856.17    | 0.03%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                           | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/30 FIXED 5           | CUSIP: 721614AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255808.40    | 0.02%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS-ST PAUL METROPOLITAN AIRPORTS COMMISSION                             | MINNEAPOLIS SAINT PAUL MN MET MINAPT 01/34 FIXED 5            | CUSIP: 603827K39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095201.50   | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 01/27 FIXED 5           | CUSIP: 650116CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5083245.00   | 0.32%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 03/55 FIXED 6.25         | CUSIP: 67756Q8B6<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1709313.84   | 0.11%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR    | CUSIP: 13034DAJ3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |  12300000 | PA      | $12503523.18  | 0.78%             | 2053-03-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA JOBS COALITION                                                    | SOUTH CAROLINA ST JOBS ECON DE SCSPOL 06/51 FIXED 6.5         | CUSIP: 83704DAM8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $55000.00     | 0.00%             | 2051-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 04/35 FIXED 6           | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3748745.48   | 0.23%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 06/49 ADJUSTABLE VAR     | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3840000 | PA      | $4052382.34   | 0.25%             | 2049-06-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJECTS FINANCE AUTHORITY/FL                                            | CAPITAL PROJS FL FIN AUTH STUD CPPHSG 10/32 FIXED 5           | CUSIP: 140427BN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1432481.63   | 0.09%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HOUSNG FINANCE AGCY FIXED TE CONSTN 144A DDTL      | CUSIP: BA000Q637<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   7830000 | PA      | $7829296.63   | 0.49%             | 2028-04-01      | Fixed         | 1.73%                 | No            |                  3 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/36 FIXED 5.5            | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $11480054.25  | 0.72%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CITY OF PILOT POINT TX                                                           | PILOT POINT TX SPL ASSMNT REVE PILGEN 09/35 FIXED OID 5.25    | CUSIP: 721614BA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $444173.11    | 0.03%             | 2035-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALHOUN COUNTY NAVIGATION INDUSTRIAL DEVELOPMENT AUTHORITY                       | CALHOUN CNTY TX NAVIGATION IND CLHDEV 07/26 FIXED 6.5         | CUSIP: 129729AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2679816.70   | 0.17%             | 2026-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS AVIATION BOARD                                                       | NEW ORLEANS LA AVIATION BRD NEWTRN 01/38 FIXED 5              | CUSIP: 64763HMK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4319256.80   | 0.27%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                         | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5           | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2430382.25   | 0.15%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY                                     | WEST VIRGINIA ST ECON DEV AUTH WVSDEV 04/55 ADJUSTABLE VAR    | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5065230.50   | 0.32%             | 2055-04-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH DEVELOPMENT AUTHORITY                                             | VIRGINIA BEACH VA DEV AUTH RSD VBHDEV 09/53 FIXED 7           | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3842800.15   | 0.24%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                                        | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/39 FIXED 5.5            | CUSIP: 442349HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1610815.35   | 0.10%             | 2039-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                                       | CHICAGO IL BRD OF EDU CHIEDU 12/43 FIXED 6                    | CUSIP: 167505C87<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   7200000 | PA      | $7576715.52   | 0.47%             | 2043-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE METROPOLITAN DISTRICT/THE                                                | VILLAGE MET DIST CO VLLFAC 12/40 FIXED 5                      | CUSIP: 92708CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999263.10    | 0.06%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                          | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                  | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2264533.77   | 0.14%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NUVEEN CALIFORNIA QUALITY MUNICIPAL INCOME FUND                                  | NUVEEN CALIFORNIA QUALITY MUNI NUVEEN CA QLTY MUNI INC        | CUSIP: 67066Y105<br>LEI: 549300ZT6V9X5U9BHR46 | Long             | EC               | CORP              | US        |    401979 | NS      | $4747371.99   | 0.30%             |  |  |  | No            |                  1 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                             | NEW YORK ST URBAN DEV CORP SAL 03/53 5                        | CUSIP: 64985TEV9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026363.80   | 0.06%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTERN ASSET MANAGED MUNICIPALS FUND INC                                        | WESTERN ASSET MANAGED MUNICIPA WESTERN ASSET MANAGED MUNICI   | CUSIP: 95766M105<br>LEI: 549300HVO8EY2T8K4F73 | Long             | EC               | CORP              | US        |    544800 | NS      | $5687712.00   | 0.35%             |  |  |  | No            |                  1 | On Loan: No      |
| AVENIR COMMUNITY DEVELOPMENT DISTRICT                                            | AVENIR FL CDD SPL ASSMNT AVRDEV 05/43 FIXED OID 5.375         | CUSIP: 05357JAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3440000 | PA      | $3467929.02   | 0.22%             | 2043-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                                      | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/53 FIXED 5           | CUSIP: 939783WS1<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $766197.52    | 0.05%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REFLECTION BAY COMMUNITY DEVELOPMENT DISTRICT                                    | REFLECTION BAY CDD FL SPL ASSM REFDEV 05/45 FIXED OID 5.625   | CUSIP: 75865NAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $762232.15    | 0.05%             | 2045-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.3         | CUSIP: 676900YF4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3706992.57   | 0.23%             | 2045-01-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | J P MORGAN TERM REPO                                          | CUSIP: 000000000<br>LEI: N/A                  | Long             | RA               |  | US        |  77500000 | PA      | $77500000.00  | 4.83%             |  |  |  | No            |                  2 | On Loan: No      |
| FULTON COUNTY RESIDENTIAL CARE                                                   | FULTON CNTY GA RSDL CARE FACS FULMED 04/56 FIXED 4            | CUSIP: 360058FR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1553562.20   | 0.10%             | 2056-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 11/35 FIXED 5           | CUSIP: 84136HDM2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2898781.29   | 0.18%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                                   | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/57 ZEROCPNOID 0       | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  89365000 | PA      | $6631946.44   | 0.41%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FINANCING AGENCY                                           | PATRIOTS ENERGY GROUP FING AGY PATRIOTS ENERGY GROUP          | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3352719.13   | 0.21%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE                      | MET WASHINGTON DC ARPTS AUTH A METAPT 10/38 FIXED 5           | CUSIP: 592647FM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3299647.68   | 0.21%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 01/36 FIXED 5           | CUSIP: 650116CP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509025.15    | 0.03%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA STATE                                                                 | CALIFORNIA ST CAS 12/30 FIXED 3.875                           | CUSIP: 13063CXP0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2710416.53   | 0.17%             | 2030-12-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE                                                                 | WASHINGTON ST WAS 07/35 FIXED 5                               | CUSIP: 93974E6B7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $3224146.20   | 0.20%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGENCY INC                                                         | CAPITAL TRUST AGY FL SENIOR LI CPTMED 07/33 FIXED 5           | CUSIP: 140542BH3<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    500000 | PA      | $105000.00    | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 10/30 FIXED OID 4       | CUSIP: 650116CX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8159164.00   | 0.51%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 07/27 FIXED 5.087       | CUSIP: 63607WAL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5175881 | PA      | $5252637.01   | 0.33%             | 2027-07-20      | Fixed         | 5.09%                 | No            |                  2 | On Loan: No      |
| GDB DEBT RECOVERY AUTHORITY OF PUERTO RICO                                       | GDB DEBT RECOVERY AUTH OF CMWL PRCDEV 08/40 FIXED OID 7.5     | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19234395 | PA      | $18726828.17  | 1.17%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML25                                                | FREDDIE MAC MULTIFAMILY FRETE 2024 ML25 BCA                   | CUSIP: 30339BAB0<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   3800000 | PA      | $2561926.75   | 0.16%             | 2043-01-25      | Variable      | 3.43%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                           | IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 12/50 ADJUSTABLE VAR    | CUSIP: 46246SAW5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1305645.84   | 0.08%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HOUSING FNANCE AGCY TE CONSTRUCTION 144A           | CUSIP: BA000QPK8<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   7041156 | PA      | $7040457.80   | 0.44%             | 2028-04-01      | Fixed         | 1.43%                 | No            |                  3 | On Loan: No      |
| CSCDA COMMUNITY IMPROVEMENT AUTHORITY                                            | CSCDA CMNTY IMPT AUTH CA ESSEN CDAHSG 09/37 FIXED 5           | CUSIP: 126292CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2370949.67   | 0.15%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                                      | MAIN STREET NATURAL GAS INC GA MAIUTL 09/52 ADJUSTABLE VAR    | CUSIP: 56035DDX7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   6350000 | PA      | $6505559.13   | 0.41%             | 2052-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWFIELD COMMUNITY DEVELOPMENT DISTRICT                                          | NEWFIELD CDD FL SPL ASSMNT REV NFDDEV 05/45 FIXED OID 5.625   | CUSIP: 65128AAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1845312.84   | 0.12%             | 2045-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CAPITAL PROJECTS FINANCE AUTHORITY/FL                                            | CAPITAL PROJS FL FIN AUTH STUD CPPHSG 10/31 FIXED 5           | CUSIP: 140427BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1597628.55   | 0.10%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIMA COUNTRY INDUSTRIAL DEVELOPMENT                                              | PIMA CNTY AZ INDL DEV AUTH EDU PIMDEV 07/49 FIXED 5           | CUSIP: 72177MTN7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1200000.00   | 0.07%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH STUDENT HS IN FIN AUTH A                  | CUSIP: 45471FAY7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1242585.25   | 0.08%             | 2059-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH REV                                    | MARYLAND ST HLTH   HGR EDUCTNL MDSMED 07/45 ADJUSTABLE VAR    | CUSIP: 57421CHV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2286566.52   | 0.14%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY MUNICIPAL WATER FINANCE AUTHORITY                                  | NEW YORK CITY NY MUNI WTR FIN NYCUTL 06/41 ADJUSTABLE VAR     | CUSIP: 64972FK62<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.94%             | 2041-06-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/44 FIXED 5               | CUSIP: 74442PK79<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016327.20   | 0.06%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SVB FINANCIAL TRUST                                                              | SVB FINL TR                                                   | CUSIP: 000000000<br>LEI: N/A                  | Long             | EP               | CORP              | US        |    122000 | NS      | $15860.00     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH AFFORDABL NFAHSG 10/40 ADJUSTABLE VAR    | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10098655 | PA      | $10108367.18  | 0.63%             | 2040-10-20      | Variable      | 4.15%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE THRUWAY AUTHORITY                                                 | NEW YORK ST THRUWAY AUTH PERSO NYSTRN 03/42 FIXED 5           | CUSIP: 650028A45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3826050.90   | 0.24%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC PUBFIN 10/54 FIXED 5.875       | CUSIP: 74443DFP1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $927594.30    | 0.06%             | 2054-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI PROJ REVENU PUBFIN 01/50 FIXED OID 7       | CUSIP: 74444UAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063517.10   | 0.07%             | 2050-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                                        | NEW JERSEY ST ECON DEV AUTH RE NJSDEV 11/36 FIXED 5           | CUSIP: 64577XDW3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2780617.00   | 0.17%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUNICIPAL FINANCE AUTHORITY                                           | CALIFORNIA ST MUNI FIN AUTH ST CASFIN 07/52 FIXED 5           | CUSIP: 13049YER8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $900912.40    | 0.06%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                            | FED HM LN PC POOL WE5061 FR 01/39 FIXED 4                     | CUSIP: 3132YATS7<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1386000 | PA      | $1347964.58   | 0.08%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                                        | INDIANA ST FIN AUTH ENVRNMNTL INSENV 08/29 FIXED 1.4          | CUSIP: 455059AK1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1832800.40   | 0.11%             | 2029-08-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HIGHER ED & HLTH                                              | MONTGOMERY CNTY PA HGR EDU   H MONHGR 05/39 FIXED 4           | CUSIP: 613603F79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1357928.00   | 0.08%             | 2039-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORPORATION                                             | SALES TAX SECURITIZATION CORP STSGEN 01/29 FIXED 5            | CUSIP: 79467BCU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1590815.70   | 0.10%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF LAS VEGAS NV SALES TAX INCREMENT REVENUE                                 | LAS VEGAS NV SALES TAX INCREME LASGEN 06/35 FIXED OID 4.375   | CUSIP: 517741AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2020000 | PA      | $2008771.22   | 0.13%             | 2035-06-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                             | CHARLOTTE CNTY FL INDL DEV AUT CHAUTL 10/41 FIXED 4           | CUSIP: 16080TAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $469224.65    | 0.03%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY                                     | WEST VIRGINIA ST ECON DEV AUTH WVSDEV 01/55 ADJUSTABLE VAR    | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   6860000 | PA      | $7307241.82   | 0.46%             | 2055-01-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 01/51 ADJUSTABLE VAR     | CUSIP: 708692CA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1278353.52   | 0.08%             | 2051-01-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/37 FIXED 5           | CUSIP: 1675935V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2197775.80   | 0.14%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZORIA COUNTY INDUSTRIAL DEVELOPMENT CORP                                      | BRAZORIA CNTY TX INDL DEV CORP BZIFAC 06/42 ADJUST OID VAR    | CUSIP: 10604PAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2812106 | PA      | $281210.59    | 0.02%             | 2042-06-01      | Variable      | 10.00%                | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI TOLL REVENU PUBTRN 12/65 FIXED OID 5.75    | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14426449.80  | 0.90%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                            | WISCONSIN HLTH EDL FACS AUTH S WISMED 11/55 FIXED OID 6.25    | CUSIP: 97671VCX1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3665000 | PA      | $3632538.36   | 0.23%             | 2055-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                         | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 INTERAPREC VAR    | CUSIP: 04052TDF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1451284 | PA      | $219054.78    | 0.01%             | 2059-01-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                           | ARKANSAS ST DEV FIN AUTH INDL ARSDEV 09/49 FIXED 4.5          | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9722669.00   | 0.61%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CITY OF WHITING INDIANA                                                          | WHITING IN ENVRNMNTL FACS REVE WHGFAC 03/46 ADJUSTABLE VAR    | CUSIP: 96634RAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13124375.00  | 0.82%             | 2046-03-01      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| NUVEEN AMT-FREE MUNICIPAL CREDIT INCOME FUND                                     | NUVEEN AMT FREE MUNICIPAL CRED NUVEEN AMT FR MUNI CRDT        | CUSIP: 67071L106<br>LEI: 549300LBMO1C0IG71T03 | Long             | EC               | CORP              | US        |    470900 | NS      | $5961594.00   | 0.37%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                         | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 11/42 ADJUSTABLE VAR    | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6876326 | PA      | $6715709.04   | 0.42%             | 2042-11-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                          | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 05/36 FIXED 5           | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9566758.80   | 0.60%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| 5625 CASE                                                                        | CALIFORNIA HOUSNG FINANCE AGCY FIXED DELAYED DRAW TERM LOAN   | CUSIP: BA000PYM6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   7224474 | PA      | $7223603.65   | 0.45%             | 2028-04-01      | Fixed         | 1.74%                 | No            |                  3 | On Loan: No      |
| COUNTY OF GRAND FORKS                                                            | GRAND FORKS CNTY ND GRADEV 12/43 FIXED 7                      | CUSIP: 38543PAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $10.00        | 0.00%             | 2043-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CROSSWINDS EAST COMMUNITY DEVELOPMENT DISTRICT                                   | CROSSWINDS EAST CDD FL SPL ASS CEADEV 05/44 FIXED 5.5         | CUSIP: 22769LAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023673.10   | 0.06%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BLACK BELT ENGY GAS C           | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5937265.98   | 0.37%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| FRANKLIN COUNTY CONVENTION FACILITIES AUTHORITY HOTEL PROJECT REVENUE            | FRANKLIN CNTY OH CONVENTION FA FRAFAC 12/44 FIXED 5           | CUSIP: 35317DAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505495.75   | 0.16%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                                       | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/54 FIXED OID 5.25      | CUSIP: 45204EC55<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $782323.20    | 0.05%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 05/40 FIXED 5                                 | CUSIP: 452153JX8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6451075.80   | 0.40%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SUNRISE COMMUNITY DEVELOPMENT DISTRICT                                           | SUNRISE CDD FL CAPITAL IMPT RE SSEDEV 05/45 FIXED OID 5.625   | CUSIP: 86771UAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992497.40    | 0.06%             | 2045-05-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                           | ARKANSAS ST DEV FIN AUTH INDL ARSDEV 09/49 FIXED 4.75         | CUSIP: 04108WCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1273680.33   | 0.08%             | 2049-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                                  | KENTUCKY ST ECON DEV FIN AUTH KYSMED 07/50 FIXED OID 5        | CUSIP: 49126TBC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3316514.40   | 0.21%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI REVENUE PUBGEN 09/51 FIXED 4               | CUSIP: 74442PTF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    985000 | PA      | $816243.59    | 0.05%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VILLAGE COMMUNITY DEVELOPMENT DISTRICT NO 15                                     | VILLAGE CDD NO 15 SPL ASSMNT R VGEDEV 05/28 FIXED 4.25        | CUSIP: 92708KAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $389575.73    | 0.02%             | 2028-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND HEALTH & EDL BLDG CORP                                              | RHODE ISLAND ST HLTH   EDUCTNL RISMED 05/54 FIXED 5.25        | CUSIP: 762244MJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3650000 | PA      | $3692472.50   | 0.23%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASMED 06/42 FIXED 5           | CUSIP: 928105CJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2299472.73   | 0.14%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PFC                                                 | BONNIE BRAE FIXED SUBORDINATED TERM LOAN                      | CUSIP: BA000PLS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3727750.00   | 0.23%             | 2059-06-01      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/56 FIXED 5.25        | CUSIP: 167593Y63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023937.00   | 0.06%             | 2056-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                                   | BLACK BELT ENERGY GAS DIST AL BBEUTL 12/55 ADJUSTABLE VAR     | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   9900000 | PA      | $10594948.32  | 0.66%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY HOUSING AGENCY                                              | CALIFORNIA CMNTY HSG AGY ESSEN CCHHSG 08/52 FIXED OID 4.5     | CUSIP: 13013FBH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1946303.50   | 0.12%             | 2052-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PPTY & BLDGS COMMN REVS                                              | KENTUCKY ST PROPERTY   BLDGS C KYSFAC 11/34 FIXED 4           | CUSIP: 49151FC99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1273784.50   | 0.08%             | 2034-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC PUBFIN 06/50 FIXED OID 5.625   | CUSIP: 74443DGD7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1600433.22   | 0.10%             | 2050-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 06/40 FIXED 5.5          | CUSIP: 70868YAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5344425.50   | 0.33%             | 2040-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN CENTER DISTRICT                                                        | WISCONSIN CENTER DIST WI TAX R WISGEN 12/33 ZEROCPNOID 0      | CUSIP: 976595FL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2114174.05   | 0.13%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                                       | CHICAGO IL BRD OF EDU CHIEDU 12/36 FIXED 5                    | CUSIP: 167505TJ5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5900000 | PA      | $5842440.19   | 0.36%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                         | FAIRHAVEN GLEN TAXABLE CONSTRUCT                              | CUSIP: BA00061Z5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10105441 | PA      | $10105441.00  | 0.63%             | 2027-11-01      | Floating      | 7.00%                 | No            |                  3 | On Loan: No      |
| NUVEEN QUALITY MUNICIPAL INCOME FUND                                             | NUVEEN QUALITY MUNICIPAL INCOM NUVEEN QUALITY MUNICIPAL INC   | CUSIP: 67066V101<br>LEI: 549300RDIO25ZNWCOA97 | Long             | EC               | CORP              | US        |    300646 | NS      | $3613764.92   | 0.23%             |  |  |  | No            |                  1 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 08/26 FIXED 2.25        | CUSIP: 650116EY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $666260.33    | 0.04%             | 2026-08-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                           | PUERTO RICO SALES TAX FING COR PRCGEN 07/46 ZEROCPNOID 0      | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  69270000 | PA      | $23276507.17  | 1.45%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH SOUTHN CAL T                                         | TOBACCO SECURITIZATION AUTH ST TOBGEN 06/54 ZEROCPNOID 0      | CUSIP: 888804CU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $206794.90    | 0.01%             | 2054-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & COUNTY AIRPORT COMM-SAN FRANCISCO INTERNATIONAL AIRPORT     | SAN FRANCISCO CA CITY  CNTY AR SFOAPT 05/41 FIXED 5           | CUSIP: 79766DGE3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7517653.50   | 0.47%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/41 FIXED 6           | CUSIP: 650116JD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1262271.26   | 0.08%             | 2041-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SENAC SOUTH METROPOLITAN DISTRICT NO 1                                           | SENAC SOUTH MET DIST  1 CO SESFAC 12/51 FIXED 5.25            | CUSIP: 81685AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2915000 | PA      | $2786483.77   | 0.17%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BLYTHE TOWNSHIP SOLID WASTE AUTHORITY                                            | BLYTHE TWP PA SOL WST AUTH REV BLYPOL 12/37 FIXED 7.75        | CUSIP: 096464AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1645000 | PA      | $1769696.76   | 0.11%             | 2037-12-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR    | CUSIP: 13034DAK0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3259053.53   | 0.20%             | 2053-03-01      | Variable      | 7.00%                 | No            |                  2 | On Loan: No      |
| CMFA SPECIAL FINANCE AGENCY VIII                                                 | CMFA SPL FIN AGY VIII CA ESSEN CMFHSG 08/47 FIXED 4           | CUSIP: 12574VAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2518030.88   | 0.16%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF OSCEOLA FL TRANSPORTATION REVENUE                                      | OSCEOLA CNTY FL TRANSPRTN REVE OSCTRN 10/35 ZEROCPNOID 0      | CUSIP: 688031EQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $835729.38    | 0.05%             | 2035-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                                | SOUTHEAST ENERGY AUTH AL COMMO SEEPWR 01/54 ADJUSTABLE VAR    | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3173320.20   | 0.20%             | 2054-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| GEISINGER AUTH PA HEALTH SYSTEM                                                  | GEISINGER PA AUTH HLTH SYS REV GEIMED 04/50 FIXED 4           | CUSIP: 368497JV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6105706.60   | 0.38%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                            | PENNSYLVANIA ST ECON DEV FING PASDEV 12/38 FIXED 5            | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1152920.66   | 0.07%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON CNTY TEX                                                                  | DENTON CNTY TX SPL ASSMNT REVE DNNDEV 12/45 FIXED 5.875       | CUSIP: 24880GAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031383.60   | 0.06%             | 2045-12-31      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| MEMPHIS-SHELBY COUNTY INDUSTRIAL DEVELOPMENT BOARD                               | MEMPHIS SHELBY CNTY TN INDL DE MEMDEV 07/37 FIXED OID 5.5     | CUSIP: 58611YAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1071320.56   | 0.07%             | 2037-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MONONGALIA COUNTY OF                                                             | MONONGALIA CNTY WV COMMISSION MONGEN 06/53 FIXED OID 6        | CUSIP: 61022DAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1381369.23   | 0.09%             | 2053-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 06/37 FIXED OID 4                             | CUSIP: 452152E64<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1397124.54   | 0.09%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA HIGHER EDUCATIONAL FACILITIES FINANCING AUTHORITY                        | HGR EDU FACS FING AUTH FL HGR FLSHGR 07/55 FIXED 6.25         | CUSIP: 42982GAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995366.90    | 0.06%             | 2055-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| POLK COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                                  | POLK CNTY FL INDL DEV AUTH POKDEV 01/33 FIXED 5.875           | CUSIP: 731120NQ0<br>LEI: 549300UTRO4TAORRAL04 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $546750.00    | 0.03%             | 2033-01-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PHOENIX INDUSTRIAL DEVELOPMENT AUTHORITY                                         | FALCON PK DELAYED DRAW TERM LOAN 2                            | CUSIP: 948TTQII6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2800000.00   | 0.17%             | 2026-11-01      | Floating      | 7.67%                 | No            |                  3 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUCTURE DISTRICT                                      | MIDA CORMONT PUBLIC INFRASTRUC MCRDEV 06/55 FIXED 6.25        | CUSIP: 59561JAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $577362.56    | 0.04%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON CNTY TENN                                          | MET GOVT NASHVILLE   DAVIDSON METHSG 10/38 FIXED OID 4.875    | CUSIP: 592113CG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4935000 | PA      | $5139416.09   | 0.32%             | 2038-10-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                              | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/50 FIXED 4.214       | CUSIP: 38122ND66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $805452.89    | 0.05%             | 2050-06-01      | Fixed         | 4.21%                 | No            |                  2 | On Loan: No      |
| HAMILTON BLUFF COMMUNITY DEVELOPMENT DISTRICT                                    | HAMILTON BLUFF CMNTY DEV 05/54 5.8                            | CUSIP: 40702EAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005145.30   | 0.06%             | 2054-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| GAS WORX COMMUNITY DEVELOPMENT DISTRICT                                          | GAS WORX CDD FL SPL ASSMNT GSWGEN 05/45 FIXED 5.75            | CUSIP: 367200AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026439.70   | 0.06%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                      | ILLINOIS ST ILS 09/42 FIXED 5                                 | CUSIP: 452153PC7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5802316.85   | 0.36%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DISTRICT                                              | LAKEWOOD RANCH FL STEWARDSHIP LKRGEN 05/45 FIXED OID 5.8      | CUSIP: 51265KGG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2666135.39   | 0.17%             | 2045-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                         | FAIRHAVEN GLEN FIXED TAX EXEMPT CONSTRUCTIONB                 | CUSIP: BA00061T9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $890000.00    | 0.06%             | 2041-12-12      | Fixed         | 9.71%                 | No            |                  3 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | CAMBRIDGE HOUSE II FIXED DELAYED DRAW TERM LOAN               | CUSIP: BA000TTB8<br>LEI: 549300K10X7VPG6JVX38 | Long             | ABS-MBS          | CORP              | US        |   8200000 | PA      | $8204723.94   | 0.51%             | 2027-02-01      | Fixed         | 1.84%                 | No            |                  3 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                                  | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/60 FIXED 5.5         | CUSIP: 650116JS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2282403.20   | 0.14%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REFLECTION BAY COMMUNITY DEVELOPMENT DISTRICT                                    | REFLECTION BAY CDD FL SPL ASSM REFDEV 05/30 FIXED 4.5         | CUSIP: 75865NAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $334828.26    | 0.02%             | 2030-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                         | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/50 FIXED 5           | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9915987.00   | 0.62%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                         | PUBLIC FIN AUTH WI EDUCTNL FAC PUBFIN 06/45 FIXED OID 6.5     | CUSIP: 74443DGE5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2774349.96   | 0.17%             | 2045-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                         | NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/40 FIXED 5.375       | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4499751.60   | 0.28%             | 2040-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                              | CHICAGO IL O HARE INTERNATIONA CHITRN 01/39 FIXED 5           | CUSIP: 1675935X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1299921.72   | 0.08%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HOUSING FINANCE AGENCY                                              | PENNSYLVANIA ST HSG FIN AGY SF PASSFH 10/54 FIXED 6           | CUSIP: 70879QWN9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2198448.74   | 0.14%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                             | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 08/50 FIXED OID 4       | CUSIP: 59561TAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1574750.30   | 0.10%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                                | CALIFORNIA HSG FIN AGY LTD OBL CA HSG FIN AGY H               | CUSIP: 13034DAF1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5340411.97   | 0.33%             | 2053-11-01      | Variable      | 5.97%                 | No            |                  2 | On Loan: No      |
| ANGELINE COMMUNITY DEVELOPMENT DISTRICT                                          | ANGELINE CDD FL CAPITAL IMPT R ANGDEV 05/45 FIXED 5.5         | CUSIP: 03473TAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $935515.59    | 0.06%             | 2045-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MERCER COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                                   | MERCER CNTY PA INDL DEV AUTH C MERHGR 10/50 FIXED 6.125       | CUSIP: 58787LAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $1541937.77   | 0.10%             | 2050-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                          | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                  | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5662172.20   | 0.35%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO TRANSIT AUTHORITY SALES TAX RECEIPTS FUND                                | CHICAGO IL TRANSIT AUTH SALES CHITRN 12/49 FIXED 5            | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3888161.63   | 0.24%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVERNMENT NASHVILLE & DAVIDSON COUNTY INDUSTRIAL DEVELOPMENT BOARD | MET GOVT NASHVILLE   DAVIDSON METDEV 06/43 ZEROCPNOID 0       | CUSIP: 59211SAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $833979.44    | 0.05%             | 2043-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                                      | OHIO ST HSG FIN AGY MF HSG REV OHSMFH 01/45 FIXED 6.5         | CUSIP: 676900XW8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1129563.16   | 0.07%             | 2045-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                         | VIRGINIA ST SMALL BUSINESS FIN VASMED 06/43 FIXED 5           | CUSIP: 928105CK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1528423.75   | 0.10%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** PIMCO Flexible Municipal Income Fund

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer