# EDGAR Filing Document

**Accession Number:** 0000807394
**File Stem:** 0000940400-25-005199
**Filing Date:** 2025-10
**Character Count:** 173223
**Document Hash:** 68291362b5327cc701a64f5ae2b20528
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-25-005199.hdr.sgml**: 20251023

**ACCESSION NUMBER**: 0000940400-25-005199

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250829

**FILED AS OF DATE**: 20251023

**DATE AS OF CHANGE**: 20251023

**PERIOD START**: 20250831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRUDENTIAL INVESTMENT PORTFOLIOS 4
- **CENTRAL INDEX KEY:** 0000807394

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04930
- **FILM NUMBER:** 251412605

**BUSINESS ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FL
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102
- **BUSINESS PHONE:** (973) 802-5032

**MAIL ADDRESS:**
- **STREET 1:** 655 BROAD STREET
- **STREET 2:** 6TH FL
- **CITY:** NEWARK
- **STATE:** NJ
- **ZIP:** 07102

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DRYDEN MUNICIPAL BOND FUND
- **DATE OF NAME CHANGE:** 20030709

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRUDENTIAL MUNICIPAL BOND FUND
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRUDENTIAL BACHE MUNICIPAL BOND FUND
- **DATE OF NAME CHANGE:** 19910527

## Series and Classes Contracts Data

### PGIM Muni High Income Fund (Series ID: S000004643)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000012650 | Class Z      | PHIZX           |
| C000012651 | Class A      | PRHAX           |
| C000012653 | Class C      | PHICX           |
| C000190115 | Class R6     | PHIQX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Prudential Investment Portfolios 4

- **b. Investment Company Act file number:** 811-04930

- **c. CIK number of Registrant:** 0000807394

- **d. LEI of Registrant:** 549300W5ICYQ5O9FF145

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

  - **Street Address 1:** 655 Broad Street

  - **City:** Newark

  - **State:** NJ

  - **Foreign country:** US

  - **Zip / Postal Code:** 07102-4077

  - **Telephone number:** 1-800-225-1852

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

- **a. Name of Series:** PGIM Muni High Income Fund

- **b. EDGAR series identifier (if any):** S000004643

- **c. LEI of Series:** XF4M2KJIB02007UI7B73

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

- **a. Date of fiscal year-end:** 2025-08-31

- **b. Date as of which information is reported:** 2025-08-29

**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:** $878288015.85

**Total Liabilities:** $18764685.20

**Net Assets:** $859523330.65

**Delayed Delivery Securities:** $3178507.50

**Cash Not Reported:** $157000.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 463.35731000 | **1-Year:** 12226.27298000 | **5-Year:** 95025.85562000 | **10-Year:** 404577.66781000 | **30-Year:** 76647.83826000

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

- **3-Month:** 79.56241000 | **1-Year:** 2295.86475000 | **5-Year:** 11055.95501000 | **10-Year:** 43176.30714000 | **30-Year:** 3899.17925000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000012650 | 0.58%                | -0.83%               | 0.81%                |
| Class ID C000012651 | 0.56%                | -0.85%               | 0.68%                |
| Class ID C000012653 | 0.49%                | -0.92%               | 0.62%                |
| Class ID C000190115 | 0.58%                | -0.82%               | 0.82%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-558709.50              | $1804945.11                                |
| Month 2  | $90529.92                | $-9415310.89                               |
| Month 3  | $-470687.79              | $3752001.89                                |

**Designated Index Information**

- **Index Name:** PGIM Muni High Income Fund - ExDerivatives

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                        | Title                                                                           | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BOARD OF TRADE OF THE CITY OF CHICAGO, INC. | ULTRA U.S. TREASURY BOND                                                        | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        25 | NC      | $-15483.08    | -0.00%            |  |  |  | No            |                  1 | On Loan: No      |
| KNOX CNTY TN HLTH EDUCTNL & HS              | Knox County Health Educational & Housing Facility Board                         | CUSIP: 499527DD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $1761875.70   | 0.20%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL INDL DEV AUTH S              | Mobile County Industrial Development Authority                                  | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1362538.95   | 0.16%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC AUTH FOR COLORADO ST EN              | Public Authority for Colorado Energy                                            | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |   6050000 | PA      | $7111128.05   | 0.83%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGY FL REVENUE                | Capital Trust Agency Inc                                                        | CUSIP: 14052WDR5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |  35000000 | PA      | $2685333.82   | 0.31%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| REGL TRANSPRTN AUTH IL                      | Regional Transportation Authority                                               | CUSIP: 7599112F6<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   4015000 | PA      | $3789988.22   | 0.44%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PRIV ACTIVITY BOND SU              | Texas Private Activity Bond Surface Transportation Corp                         | CUSIP: 882667BV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $542965.07    | 0.06%             | 2040-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST PUBLIC FACS AUTHS              | Louisiana Public Facilities Authority                                           | CUSIP: 54640TAK5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503266.03   | 0.17%             | 2043-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDU FACS FIN              | New Hope Cultural Education Facilities Finance Corp                             | CUSIP: 64542QCK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4455000 | PA      | $3217146.48   | 0.37%             | 2056-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OSCEOLA CNTY FL TRANSPRTN REVE              | County of Osceola FL Transportation Revenue                                     | CUSIP: 688031FK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $194655.17    | 0.02%             | 2054-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| STERLING RANCH CMNTY AUTH BRD               | Sterling Ranch Community Authority Board                                        | CUSIP: 85950TAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700760.30   | 0.20%             | 2043-12-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                            | CUSIP: 1675934E9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032313.31   | 0.12%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PD51<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    704783 | PA      | $714604.73    | 0.08%             | 2030-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PGIM Core Ultra Short Bond Fund             | PGIM Core Ultra Short Bond Fund                                                 | CUSIP: 000000000<br>LEI: 1VRLPVAWKZCB406TIT84 | Long             | STIV             | RF                | US        |  13219176 | NS      | $13219175.91  | 1.54%             |  |  |  | No            |                  1 | On Loan: No      |
| PUBLIC FIN AUTH WI ARPT FACS R              | Public Finance Authority                                                        | CUSIP: 74443CAC7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1449504.20   | 0.17%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT BEAUMONT TX NAV DIST DOCK              | Port of Beaumont Navigation District                                            | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013161.93   | 0.23%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| VLG FL CDD #13 SPL ASSMNT REVE              | Village Community Development District No 13                                    | CUSIP: 92708HAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $398471.41    | 0.05%             | 2039-05-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2995000 | PA      | $2860573.46   | 0.33%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR              | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $728915.33    | 0.08%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH EN              | New Jersey Economic Development Authority                                       | CUSIP: 64577QAF8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1486154.71   | 0.17%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST PUBLIC FACS AUTHS              | Louisiana Public Facilities Authority                                           | CUSIP: 54640TAL3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065647.66   | 0.12%             | 2053-10-01      | Variable      | 6.75%                 | No            |                  2 | On Loan: No      |
| MIDTOWN MIAMI FL CDD SPL ASSMN              | Midtown Miami Community Development District                                    | CUSIP: 59807PAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1954653.15   | 0.23%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                  | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2996567.38   | 0.35%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE              | Public Finance Authority                                                        | CUSIP: 74442EEY2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $794970.09    | 0.09%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FL HLTH CARE FACS              | City of Jacksonville FL                                                         | CUSIP: 469400EL5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $836228.71    | 0.10%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH SP              | New Jersey Economic Development Authority                                       | CUSIP: 64578CBW0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2276453.81   | 0.26%             | 2030-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO              | Development Authority of Burke County/The                                       | CUSIP: 121342PM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1748915.56   | 0.20%             | 2045-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PLAQUEMINES LA PORT HARBOR & T              | Plaquemines Port Harbor & Terminal District                                     | CUSIP: 727521AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3910158.02   | 0.45%             | 2034-12-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116CW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015514.76   | 0.12%             | 2036-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR              | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2229000 | PA      | $2058620.06   | 0.24%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| LANCASTER PA INDL DEV AUTH                  | Lancaster Industrial Development Authority                                      | CUSIP: 51434NAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $741547.93    | 0.09%             | 2056-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH              | Maricopa County Industrial Development Authority                                | CUSIP: 56681NAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $899958.19    | 0.10%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST PUBLIC FACS AUTHS              | Louisiana Public Facilities Authority                                           | CUSIP: 54640TAM1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059038.31   | 0.12%             | 2053-10-01      | Variable      | 6.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PPU3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1294918.34   | 0.15%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN              | California Pollution Control Financing Authority                                | CUSIP: 130536RA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $27500.00     | 0.00%             | 2039-07-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #12 SPL ASSMNT REVE              | Village Community Development District No 12                                    | CUSIP: 92708FAH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2580000 | PA      | $2317421.93   | 0.27%             | 2043-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI MF AFFORDAB              | Public Finance Authority                                                        | CUSIP: 74448FAA9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2024826.05   | 0.24%             | 2036-04-28      | Fixed         | 6.81%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH EN              | New Jersey Economic Development Authority                                       | CUSIP: 64577QAG6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1028491.78   | 0.12%             | 2043-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  19386999 | PA      | $10660984.90  | 1.24%             | 2051-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO              | New York State Dormitory Authority                                              | CUSIP: 64990KFX6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5141376.88   | 0.60%             | 2052-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIGO FL CDD CAPITAL IMPT REV              | Indigo Community Development District                                           | CUSIP: 45567RAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    476616 | PA      | $405123.96    | 0.05%             | 2036-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                               | CUSIP: 249182QR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1344413.48   | 0.16%             | 2040-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI CHRT SCH RE              | Public Finance Authority                                                        | CUSIP: 744396JZ6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950906.14    | 0.11%             | 2054-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116CV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $632563.67    | 0.07%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A              | Washington Health Care Facilities Authority                                     | CUSIP: 93978HKJ3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1098606.62   | 0.13%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDL AUTH SENIOR              | Tulsa County Industrial Authority                                               | CUSIP: 899530BA6<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $961579.14    | 0.11%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL INDL DEV AUTH HLTH              | Lee County Industrial Development Authority/FL                                  | CUSIP: 52349EER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007738.11   | 0.12%             | 2029-11-15      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| DEKALB CNTY GA HSG AUTH MF HSG              | DeKalb County Housing Authority                                                 | CUSIP: 240471PD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2989382.17   | 0.35%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN CNTY AL INDL DEV AUTH               | Baldwin County Industrial Development Authority                                 | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4506807.75   | 0.52%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO INDL DEV AUTH S              | Lees Summit Industrial Development Authority                                    | CUSIP: 524292BP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1314651.80   | 0.15%             | 2047-08-15      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN              | Virginia Small Business Financing Authority                                     | CUSIP: 928104QL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $941243.97    | 0.11%             | 2057-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY OH HOSP FACS REV              | County of Franklin OH                                                           | CUSIP: 353187BS5<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1797409.52   | 0.21%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI              | Washington State Housing Finance Commission                                     | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | MUN               | US        |   1869909 | PA      | $1764433.34   | 0.21%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| TEMPE AZ INDL DEV AUTH REVENUE              | Tempe Industrial Development Authority                                          | CUSIP: 87972MBU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $738131.41    | 0.09%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PB53<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2783498.44   | 0.32%             | 2028-11-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                               | CUSIP: 249182QU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2195351.09   | 0.26%             | 2042-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $2049757.14   | 0.24%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH SP              | New Jersey Economic Development Authority                                       | CUSIP: 64578CBU4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000789.49   | 0.23%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST               | New Jersey Transportation Trust Fund Authority                                  | CUSIP: 64613CEV6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1922016.62   | 0.22%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ADAMS CNTY PA GEN AUTH REV                  | Adams County General Authority                                                  | CUSIP: 006114AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1582276.80   | 0.18%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                     | Freddie Mac Multifamily ML Certificates                                         | CUSIP: 3137HASR8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  19399426 | PA      | $2023928.54   | 0.24%             | 2037-09-25      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN              | Florida Development Finance Corp                                                | CUSIP: 34061UGR3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    565000 | PA      | $456196.33    | 0.05%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLBY KS HOSP LOAN ANTICIPATIO              | City of Colby KS                                                                | CUSIP: 19277TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3508331.30   | 0.41%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL AVIATION RE              | County of Miami-Dade FL Aviation Revenue                                        | CUSIP: 59333P4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957444.15    | 0.11%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE              | Public Finance Authority                                                        | CUSIP: 74442EBX7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1643356.63   | 0.19%             | 2047-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM              | North Carolina Medical Care Commission                                          | CUSIP: 65821DXS5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2555000 | PA      | $2398252.64   | 0.28%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE              | South Carolina Jobs-Economic Development Authority                              | CUSIP: 83704MBV7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $2014301.50   | 0.23%             | 2056-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA              | Wisconsin Health & Educational Facilities Authority                             | CUSIP: 97712JDS9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $631554.18    | 0.07%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PR64<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4997019.58   | 0.58%             | 2055-01-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP               | Lakewood Ranch Stewardship District                                             | CUSIP: 51265KBT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974381.94    | 0.11%             | 2048-05-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FING AGY              | Patriots Energy Group Financing Agency                                          | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1786390.34   | 0.21%             | 2054-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL              | Colorado Educational & Cultural Facilities Authority                            | CUSIP: 19645RB42<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $927160.34    | 0.11%             | 2045-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1399691.85   | 0.16%             | 2033-12-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| VALPARAISO IN EXEMPT FACS REVE              | City of Valparaiso IN                                                           | CUSIP: 92028RAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $920558.24    | 0.11%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERMONT ST ECON DEV AUTH MTGER              | Vermont Economic Development Authority                                          | CUSIP: 92415TCB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $1559118.22   | 0.18%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH              | Maricopa County Industrial Development Authority                                | CUSIP: 56681NAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002457.43   | 0.23%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL               | Triborough Bridge & Tunnel Authority                                            | CUSIP: 896032BD0<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041210.40   | 0.12%             | 2059-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                  | CUSIP: 09182TAW7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3185000 | PA      | $3184325.44   | 0.37%             | 2052-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN               | New Hope Cultural Education Facilities Finance Corp                             | CUSIP: 64542UFM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $401758.31    | 0.05%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN              | Florida Development Finance Corp                                                | CUSIP: 34061UGS1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2665000 | PA      | $1963244.66   | 0.23%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOYLESTOWN PA HOSP AUTH                     | Doylestown Hospital Authority                                                   | CUSIP: 261333HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2798524.55   | 0.33%             | 2039-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PB61<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2584651.73   | 0.30%             | 2038-11-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| CITYPLACE FL CDD SPL ASSMNT RE              | Cityplace Community Development District                                        | CUSIP: 17877SAL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $274291.90    | 0.03%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R              | Massachusetts Development Finance Agency                                        | CUSIP: 57585BMX3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1471991.50   | 0.17%             | 2065-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE                    | District of Columbia                                                            | CUSIP: 25483VWD2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4610000 | PA      | $3658709.17   | 0.43%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4076861.80   | 0.47%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JAMES CITY CNTY VA ECON DEV AU              | James City County Economic Development Authority                                | CUSIP: 47029WED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $767081.91    | 0.09%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL HSG FIN AUTH MF HS              | Lee County Housing Finance Authority                                            | CUSIP: 52349HBE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3507959.86   | 0.41%             | 2028-07-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR ARPT REVEN              | Port of Portland OR Airport Revenue                                             | CUSIP: 735240M91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3860000 | PA      | $3749533.89   | 0.44%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT               | Buckeye Tobacco Settlement Financing Authority                                  | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $808035.51    | 0.09%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU              | Louisiana Public Facilities Authority                                           | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3985723.27   | 0.46%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HERITAGE RIDGE MET DIST CO                  | Heritage Ridge Metropolitan District                                            | CUSIP: 42727TAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $713690.93    | 0.08%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #7 SPL ASSMNT REVEN              | Village Community Development District No 7                                     | CUSIP: 92707VAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1551812.04   | 0.18%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3329312.62   | 0.39%             | 2035-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  27644027 | PA      | $17881746.98  | 2.08%             | 2051-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| DEKALB CNTY GA HSG AUTH MF HSG              | DeKalb County Housing Authority                                                 | CUSIP: 240471PE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985014.80    | 0.11%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN              | Virginia Small Business Financing Authority                                     | CUSIP: 928104NC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1414928.91   | 0.16%             | 2051-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3475000 | PA      | $3215327.85   | 0.37%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EP TUSCANY ZARAGOSA PFC TX                  | EP Tuscany Zaragosa PFC                                                         | CUSIP: 29414WAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1641337.07   | 0.19%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VALPARAISO IN EXEMPT FACS REVE              | City of Valparaiso IN                                                           | CUSIP: 92028RAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1085369.72   | 0.13%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| M-S-R CA ENERGY AUTH GAS REVEN              | M-S-R Energy Authority                                                          | CUSIP: 55374SAB6<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1972151.20   | 0.23%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK NY TOBACCO ASSET SECUR              | Suffolk Tobacco Asset Securitization Corp                                       | CUSIP: 864809CC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $333202.08    | 0.04%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL CMNTY CLG DIST #5              | Cook County Community College District No 508                                   | CUSIP: 213187EH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2304240.46   | 0.27%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F              | Tarrant County Cultural Education Facilities Finance Corp                       | CUSIP: 87638RFP7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1080783.99   | 0.13%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                       | Chicago Board of Education                                                      | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2470000 | PA      | $2179375.12   | 0.25%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE              | California Municipal Finance Authority                                          | CUSIP: 13048VXK9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1612579.96   | 0.19%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2851000 | PA      | $2838979.52   | 0.33%             | 2030-12-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| LEES SUMMIT MO SPL OBLG TAX IN              | City of Lees Summit MO                                                          | CUSIP: 524309AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1789665.37   | 0.21%             | 2037-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP               | Lakewood Ranch Stewardship District                                             | CUSIP: 51265KAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1035210.68   | 0.12%             | 2046-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| PARK CREEK CO MET DIST REVENUE              | Park Creek Metropolitan District                                                | CUSIP: 700387DM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1458995.48   | 0.17%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA SCH FIN AUTH SCH FA              | California School Finance Authority                                             | CUSIP: 13059TBU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $747578.03    | 0.09%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION   | IRS USD                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |         1 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI              | Washington State Housing Finance Commission                                     | CUSIP: 939783Q74<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950250.24    | 0.11%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                               | CUSIP: 452152U25<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505535.32   | 0.29%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE VA TOLL ROAD REVENU              | City of Chesapeake VA Chesapeake Expressway Toll Road Revenue                   | CUSIP: 16532RAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002370.91   | 0.12%             | 2040-07-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL               | New York City Transitional Finance Authority Future Tax Secured Revenue         | CUSIP: 64971XNP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $2270579.10   | 0.26%             | 2047-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH EDU R              | Industrial Development Authority of the City of Phoenix Arizona/The             | CUSIP: 71885FEB9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $923431.17    | 0.11%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1129156 | PA      | $1080993.45   | 0.13%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RAMSEY MN CHRT SCH LEASE REVEN              | City of Ramsey MN                                                               | CUSIP: 751814AA2<br>LEI: 549300PYUDKBK3S78343 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1234013.94   | 0.14%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1230505.43   | 0.14%             | 2032-12-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN              | New Jersey Higher Education Student Assistance Authority                        | CUSIP: 646080YV7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041876.60   | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| US TREASURY N/B                             | United States Treasury Note/Bond                                                | CUSIP: 91282CLP4<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |    905000 | PA      | $901712.30    | 0.10%             | 2026-09-30      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HLTH FACS AUTH               | Orange County Health Facilities Authority                                       | CUSIP: 68450LGN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2379812.62   | 0.28%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PD69<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2514643 | PA      | $2505585.96   | 0.29%             | 2030-12-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST EDUCTNL FACS AUTH               | Illinois Educational Facilities Authority                                       | CUSIP: 45201QCY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1080358.84   | 0.13%             | 2036-11-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FING AGY              | Patriots Energy Group Financing Agency                                          | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1621589.81   | 0.19%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116CK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015429.76   | 0.12%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AKRON BATH COPLEY JT TWP OH HO              | Akron Bath Copley Joint Township Hospital District                              | CUSIP: 009730PW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2833050.38   | 0.33%             | 2040-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HERITAGE RIDGE MET DIST CO                  | Heritage Ridge Metropolitan District                                            | CUSIP: 42727TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $312461.17    | 0.04%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TAHOE-DOUGLAS VISITORS AUTH NV              | Tahoe-Douglas Visitors Authority                                                | CUSIP: 873816AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004646.68   | 0.12%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1109348 | PA      | $1091467.52   | 0.13%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AUTH FL CHRTR SC              | Capital Trust Authority                                                         | CUSIP: 14054YAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2477973.63   | 0.29%             | 2064-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                  | New Hampshire Business Finance Authority                                        | CUSIP: 63607WAV6<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |  46121431 | PA      | $1821441.40   | 0.21%             | 2039-08-20      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1243175.03   | 0.14%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP               | Lakewood Ranch Stewardship District                                             | CUSIP: 51265KEN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $559008.24    | 0.07%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2944787.60   | 0.34%             | 2054-12-31      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST LIBERTY DEV CORP L              | New York Liberty Development Corp                                               | CUSIP: 649519DH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4391348.76   | 0.51%             | 2069-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDUCT              | Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | CUSIP: 74528LAD3<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1670155.73   | 0.19%             | 2046-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FULTON CNTY GA DEV AUTH REVENU              | Development Authority for Fulton County                                         | CUSIP: 36005FGE9<br>LEI: 549300533NJL38F4K144 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2489127.27   | 0.29%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO              | Mississippi Business Finance Corp                                               | CUSIP: 60528AAW4<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   8660000 | PA      | $8660000.00   | 1.01%             | 2030-12-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| CARROLLTON-FARMERS BRANCH TX I              | Carrollton-Farmers Branch Independent School District                           | CUSIP: 145628V42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3107499.62   | 0.36%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| POTTSBORO TX HGR EDU FIN CORP               | Pottsboro Higher Education Finance Corp                                         | CUSIP: 738222AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $883543.62    | 0.10%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE                  | Port of Seattle WA                                                              | CUSIP: 735389W38<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2552022.79   | 0.30%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1163593 | PA      | $1008119.83   | 0.12%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STAMFORD CT HSG AUTH                        | Stamford Housing Authority                                                      | CUSIP: 852640AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2432588.01   | 0.28%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                       | Chicago Board of Education                                                      | CUSIP: 167505VB9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501119.96    | 0.06%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDU REVENUE              | Public Finance Authority                                                        | CUSIP: 74442ECB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1092422.70   | 0.13%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G              | Central Plains Energy Project                                                   | CUSIP: 154871CW5<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2117289.12   | 0.25%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH E              | Ohio Air Quality Development Authority                                          | CUSIP: 67754AAE4<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $876681.29    | 0.10%             | 2048-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA DEV AUTH EDUCTNL               | Development Authority of Cobb County/The                                        | CUSIP: 190782AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005569.15   | 0.23%             | 2064-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CA TOBACCO SEC              | California County Tobacco Securitization Agency                                 | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $829295.20    | 0.10%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P              | Los Angeles Department of Water & Power                                         | CUSIP: 544532PR9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1396729.76   | 0.16%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGY FL REVENUE                | Capital Trust Agency Inc                                                        | CUSIP: 14052WBB2<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    815000 | PA      | $816657.58    | 0.10%             | 2029-07-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| TULSA OK MUNI ARPT TRUST TRUST              | Tulsa Municipal Airport Trust Trustees/OK                                       | CUSIP: 899661EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1616142.88   | 0.19%             | 2040-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP               | Lakewood Ranch Stewardship District                                             | CUSIP: 51265KAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $919474.11    | 0.11%             | 2045-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDUCT              | Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | CUSIP: 74528LAC5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1938504.31   | 0.23%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                       | Chicago Board of Education                                                      | CUSIP: 167505QY5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3390000 | PA      | $3398385.25   | 0.40%             | 2044-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP               | Lakewood Ranch Stewardship District                                             | CUSIP: 51265KCX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $795153.35    | 0.09%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAINT JAMES PARISH LA REVENUE               | Parish of St James LA                                                           | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1055747.45   | 0.12%             | 2040-07-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT AUTH IA TOB              | Iowa Tobacco Settlement Authority                                               | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19275000 | PA      | $2654831.37   | 0.31%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| FREDERICK CNTY MD SPL OBLG                  | County of Frederick MD                                                          | CUSIP: 35571LCE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $804553.01    | 0.09%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH              | Kentucky Public Energy Authority                                                | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1346225.36   | 0.16%             | 2054-04-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A              | Greater Orlando Aviation Authority                                              | CUSIP: 392274F84<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4704672.32   | 0.55%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                       | Chicago Board of Education                                                      | CUSIP: 167505RM0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1535206.95   | 0.18%             | 2046-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    855822 | PA      | $790974.05    | 0.09%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                               | CUSIP: 452152E56<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2839757.08   | 0.33%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VLG CDD #11 FL SPL ASSMNT REVE              | Village Community Development District No 11                                    | CUSIP: 92708EAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1039165.75   | 0.12%             | 2045-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA              | Wisconsin Health & Educational Facilities Authority                             | CUSIP: 97712JDT7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $1892515.80   | 0.22%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STERLING RANCH CMNTY AUTH BRD               | Sterling Ranch Community Authority Board                                        | CUSIP: 85950NAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $844678.19    | 0.10%             | 2050-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NTHRN AK TOBACCO SECURITIZATIO              | Northern Tobacco Securitization Corp                                            | CUSIP: 66585VBX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1816609.50   | 0.21%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1479916 | PA      | $1576897.74   | 0.18%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI RETMNT FAC               | Public Finance Authority                                                        | CUSIP: 74444VBV1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1165229.30   | 0.14%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                     | Freddie Mac Multifamily ML Certificates                                         | CUSIP: 3137H9JP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |  31979313 | PA      | $1716866.96   | 0.20%             | 2036-07-25      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| ROCKDALE CNTY GA DEV AUTH                   | Development Authority of Rockdale County                                        | CUSIP: 773008AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978431.70    | 0.11%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE              | New Jersey Economic Development Authority                                       | CUSIP: 64577XFB7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    675000 | PA      | $724744.43    | 0.08%             | 2039-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR              | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16538000 | PA      | $3741812.71   | 0.44%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CA PUBLIC FING AUTH                 | Lincoln Public Financing Authority                                              | CUSIP: 533020EG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $320908.13    | 0.04%             | 2027-09-02      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CELINA TX INDEP SCH DIST                    | Celina Independent School District                                              | CUSIP: 151145B99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3402422.56   | 0.40%             | 2055-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Vanguard Tax-Exempt Bond Index ETF          | Vanguard Tax-Exempt Bond Index ETF                                              | CUSIP: 922907746<br>LEI: N/A                  | Long             | EC               | RF                | US        |     25000 | NS      | $1225250.00   | 0.14%             |  |  |  | No            |                  1 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP               | Arlington Higher Education Finance Corp                                         | CUSIP: 041807DW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1265767.82   | 0.15%             | 2053-02-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FING COR              | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  51183000 | PA      | $15926063.81  | 1.85%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGY FL REVENUE                | Capital Trust Agency Inc                                                        | CUSIP: 14052WDN4<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $845336.23    | 0.10%             | 2056-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTH               | Chester County Industrial Development Authority                                 | CUSIP: 165588FP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2169773.42   | 0.25%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP               | Lakewood Ranch Stewardship District                                             | CUSIP: 51265KAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201002.12    | 0.02%             | 2027-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA              | Wisconsin Health & Educational Facilities Authority                             | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1408891.63   | 0.16%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE                 | City of Houston TX Airport System Revenue                                       | CUSIP: 4423485T1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501349.37   | 0.17%             | 2038-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                | Illinois Finance Authority                                                      | CUSIP: 45204FHU2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2527293.78   | 0.29%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SENIOR LI              | New Hampshire Business Finance Authority                                        | CUSIP: 63608SAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $1565502.85   | 0.18%             | 2051-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS              | New Hampshire Business Finance Authority                                        | CUSIP: 63607WAR5<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |  34432363 | PA      | $1256843.22   | 0.15%             | 2051-07-01      | Variable      | 0.55%                 | No            |                  2 | On Loan: No      |
| M-S-R CA ENERGY AUTH GAS REVEN              | M-S-R Energy Authority                                                          | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2443960.88   | 0.28%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC              | Health & Educational Facilities Authority of the State of Missouri              | CUSIP: 60637AHZ8<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $1737303.43   | 0.20%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AGY FL REVENUE                | Capital Trust Agency Inc                                                        | CUSIP: 14052WDK0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2424219.82   | 0.28%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JULINGTON CREEK PLANTATION FLC              | Julington Creek Plantation Community Development District                       | CUSIP: 481367BR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1417111.55   | 0.16%             | 2054-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| SAINT LOUIS CNTY MO INDL DEV A              | St Louis County Industrial Development Authority                                | CUSIP: 791524BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000345.76   | 0.12%             | 2043-09-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| PUB FIN AUTH WI TAX INCREMENT               | Public Finance Authority                                                        | CUSIP: 74448EAA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1219018.65   | 0.14%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FINGA              | Pennsylvania Economic Development Financing Authority                           | CUSIP: 708686ES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4026734.92   | 0.47%             | 2038-12-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                       | Chicago Board of Education                                                      | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1014978.01   | 0.12%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   8015875 | PA      | $8747706.43   | 1.02%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE                | Tennergy Corp/TN                                                                | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508603.36    | 0.06%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDU FACS FIN              | New Hope Cultural Education Facilities Finance Corp                             | CUSIP: 64542PGQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2947210.28   | 0.34%             | 2056-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT               | Buckeye Tobacco Settlement Financing Authority                                  | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13920000 | PA      | $11214842.69  | 1.30%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA              | Wisconsin Health & Educational Facilities Authority                             | CUSIP: 97712JKM4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3122887.80   | 0.36%             | 2054-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ERIE CNTY NY TOBACCO ASSET SEC              | Erie Tobacco Asset Securitization Corp                                          | CUSIP: 295095BC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1116011.43   | 0.13%             | 2047-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PVC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1045114.63   | 0.12%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MF AFFORD              | New Hampshire Business Finance Authority                                        | CUSIP: 63610CAA1<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   2500000 | PA      | $2547531.13   | 0.30%             | 2042-04-28      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R              | Arizona Industrial Development Authority                                        | CUSIP: 04052BLS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1392669.53   | 0.16%             | 2050-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                               | CUSIP: 452153KA6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028565.67   | 0.12%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA CNTY OH HOSP REVENUE               | County of Cuyahoga OH                                                           | CUSIP: 2322655S3<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1878155.98   | 0.22%             | 2047-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COBB CNTY GA KENNESTONE HOSP A              | Cobb County Kennestone Hospital Authority                                       | CUSIP: 190813SZ9<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3200394.90   | 0.37%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH REVENUE                | New Hampshire Business Finance Authority                                        | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $789198.15    | 0.09%             | 2045-07-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE                 | City of Houston TX Airport System Revenue                                       | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1658351.07   | 0.19%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ENVRNMNTL FACS COR              | New York State Environmental Facilities Corp                                    | CUSIP: 649852AS9<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    550000 | PA      | $550000.00    | 0.06%             | 2050-09-01      | Variable      | 2.75%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST DEV FIN AUTH HLTHS              | Oklahoma Development Finance Authority                                          | CUSIP: 67884XCF2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    250000 | PA      | $247401.08    | 0.03%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NTHRN AK TOBACCO SECURITIZATIO              | Northern Tobacco Securitization Corp                                            | CUSIP: 66585VBY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1640717.16   | 0.19%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALACHUA CNTY FL HSG FIN AUTH M              | Alachua County Housing Finance Authority                                        | CUSIP: 01068LAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1840859.53   | 0.21%             | 2029-07-01      | Variable      | 4.90%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FLA INDL DEV              | Hillsborough County Industrial Development Authority                            | CUSIP: 43233KAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2080866.39   | 0.24%             | 2054-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| TREASURY BILL                               | United States Treasury Bill                                                     | CUSIP: 912797QV2<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |  31000000 | PA      | $30923224.15  | 3.60%             | 2025-09-23      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI              | Washington State Housing Finance Commission                                     | CUSIP: 93978T4N6<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | MUN               | US        |  21498835 | PA      | $2110828.76   | 0.25%             | 2037-04-20      | Variable      | 1.45%                 | No            |                  2 | On Loan: No      |
| ERIE CNTY NY TOBACCO ASSET SEC              | Erie Tobacco Asset Securitization Corp                                          | CUSIP: 295095BD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $536123.96    | 0.06%             | 2050-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU DEDICATE              | Chicago Board of Education Dedicated Capital Improvement Tax                    | CUSIP: 167510AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1509213.75   | 0.18%             | 2046-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON PARISH LA ECON DEV &              | Jefferson Parish Economic Development & Port District                           | CUSIP: 474548AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1854286.96   | 0.22%             | 2048-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HLTH FACS AUTH               | Orange County Health Facilities Authority                                       | CUSIP: 68450LJQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028539.28   | 0.24%             | 2056-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION   | IRS USD                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |         1 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| VERMONT ST ECON DEV AUTH MTGER              | Vermont Economic Development Authority                                          | CUSIP: 92415TCA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $873247.76    | 0.10%             | 2037-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R              | Massachusetts Development Finance Agency                                        | CUSIP: 57585BBU1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $871713.49    | 0.10%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN              | Florida Development Finance Corp                                                | CUSIP: 34061UFC7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1688696.75   | 0.20%             | 2050-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE                    | District of Columbia                                                            | CUSIP: 25483VXQ2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499307.63   | 0.17%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP               | Arlington Higher Education Finance Corp                                         | CUSIP: 041806L65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1252290.53   | 0.15%             | 2041-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HGR EDUCTNL FACS FI              | Florida Higher Educational Facilities Financing Authority                       | CUSIP: 34073TKA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4795000 | PA      | $4599634.63   | 0.54%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAMPART RANGE CO MET DIST #5                | Rampart Range Metropolitan District No 5                                        | CUSIP: 75157WAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $378671.46    | 0.04%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3135958.79   | 0.36%             | 2031-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE S              | Illinois Finance Authority                                                      | CUSIP: 45202HAM5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1619901.92   | 0.19%             | 2052-09-01      | Variable      | 7.25%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA              | Main Street Natural Gas Inc                                                     | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7765701.27   | 0.90%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EP ESSENTIAL HOUSING WF PFC TX              | EP Essential Housing WF PFC                                                     | CUSIP: 29416AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009922.49   | 0.12%             | 2034-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SHELBY CNTY TENN HEALTH EDL &               | Shelby County Health & Educational Facilities Board                             | CUSIP: 82170LAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1827963.71   | 0.21%             | 2056-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA SPL TAX                       | City of Sacramento CA                                                           | CUSIP: 786071RC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $827706.38    | 0.10%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KNOX CNTY TN HLTH EDUCTNL & HS              | Knox County Health Educational & Housing Facility Board                         | CUSIP: 499526BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1492624.17   | 0.17%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH LEASE REVENU              | New Hampshire Business Finance Authority                                        | CUSIP: 63610FBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1239557.90   | 0.14%             | 2051-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH AFFORDABL              | New Hampshire Business Finance Authority                                        | CUSIP: 63607DAF3<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   2499252 | PA      | $2526003.46   | 0.29%             | 2041-06-20      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV              | Colorado Health Facilities Authority                                            | CUSIP: 19648FRW6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2497363.95   | 0.29%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3068698.43   | 0.36%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                  | New Hampshire Business Finance Authority                                        | CUSIP: 63607WBP8<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2000000 | PA      | $1787796.20   | 0.21%             | 2042-11-20      | Variable      | 4.22%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                       | Chicago Board of Education                                                      | CUSIP: 167505TG1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2158423.09   | 0.25%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARBOR POINT CT INFRASTRUCTURE              | Harbor Point Infrastructure Improvement District                                | CUSIP: 41154VAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016026.46   | 0.23%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S MIAMI FL HLTH FACS AUTH                   | City Of South Miami Health Facilities Authority Inc                             | CUSIP: 838810EE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2043591.85   | 0.24%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH NT              | Tobacco Securitization Authority of Northern California                         | CUSIP: 888794CA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $504982.55    | 0.06%             | 2060-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE                     | City of Atlanta GA Department of Aviation                                       | CUSIP: 04780MX87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1756847.69   | 0.20%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GLENDALE AZ INDL DEV AUTH SENI              | Glendale Industrial Development Authority                                       | CUSIP: 378287BA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $833140.56    | 0.10%             | 2056-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                  | City of Chicago IL                                                              | CUSIP: 167486XF1<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2399441.15   | 0.28%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI TOLL REVENU              | Public Finance Authority                                                        | CUSIP: 74448UAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4206943.36   | 0.49%             | 2065-12-31      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                     | Freddie Mac Multifamily ML Certificates                                         | CUSIP: 3137HDJL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2193132 | PA      | $2186521.28   | 0.25%             | 2042-04-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| SAINT PAUL MN PORT AUTH SOL WS              | St Paul Port Authority                                                          | CUSIP: 79307RAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $900812.99    | 0.10%             | 2037-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| OK CNTY FIN AUTH CHRT SCH LSE               | Oklahoma County Finance Authority                                               | CUSIP: 67868WAD1<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2390818.98   | 0.28%             | 2064-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3465000 | PA      | $3738079.44   | 0.43%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP R              | Tobacco Settlement Financing Corp/RI                                            | CUSIP: 888809BE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4319838.54   | 0.50%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                               | CUSIP: 452153FL8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2354259.83   | 0.27%             | 2047-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDUCT              | Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | CUSIP: 74527EFN3<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    560000 | PA      | $595235.67    | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION               | Texas Municipal Gas Acquisition & Supply Corp V                                 | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2128948.52   | 0.25%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MI ARPT AUTH REVENU              | Wayne County Airport Authority                                                  | CUSIP: 944514U89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035947.57   | 0.12%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP               | Arlington Higher Education Finance Corp                                         | CUSIP: 041807FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250452.90   | 0.15%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MIDWAY ARPT REVENUE              | Chicago Midway International Airport                                            | CUSIP: 167562TM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502901.08   | 0.17%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                | Illinois Finance Authority                                                      | CUSIP: 45204E6G8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    265000 | PA      | $271142.74    | 0.03%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE                     | City of Atlanta GA Department of Aviation                                       | CUSIP: 04780MX79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024881.67   | 0.12%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                | Michigan Finance Authority                                                      | CUSIP: 59447TL92<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    680000 | PA      | $660458.40    | 0.08%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY INDL DEV AGY               | New York City Industrial Development Agency                                     | CUSIP: 64971PKL8<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $844836.27    | 0.10%             | 2045-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY SOL              | Build NYC Resource Corp                                                         | CUSIP: 12008HAC3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    900000 | PA      | $899961.69    | 0.10%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDU FACS FIN              | New Hope Cultural Education Facilities Finance Corp                             | CUSIP: 64542PGD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7675000 | PA      | $7416506.29   | 0.86%             | 2031-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM              | North Carolina Medical Care Commission                                          | CUSIP: 65821DTH4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000800.55   | 0.12%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL              | Colorado Educational & Cultural Facilities Authority                            | CUSIP: 19645RYX3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    885000 | PA      | $853769.91    | 0.10%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU              | New Jersey Turnpike Authority                                                   | CUSIP: 646140JF1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2071296.39   | 0.24%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PLAZA CO MET DIST #1 REVENUE                | Plaza Metropolitan District No 1                                                | CUSIP: 72818QAX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981653.67    | 0.11%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116CE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005983.12   | 0.23%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST TURNPIKE COMMISSION                 | Ohio Turnpike & Infrastructure Commission                                       | CUSIP: 67760HKB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5135000 | PA      | $2589110.39   | 0.30%             | 2040-02-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SALT VERDE AZ FINANCIAL CORP S              | Salt Verde Financial Corp                                                       | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2124149.17   | 0.25%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST STWD CMNTYS DEVA              | California Statewide Communities Development Authority                          | CUSIP: 13078RGJ3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1021506.70   | 0.12%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO              | Mississippi Business Finance Corp                                               | CUSIP: 605279MK1<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1202546.16   | 0.14%             | 2044-06-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| iShares National Muni Bond ETF              | iShares National Muni Bond ETF                                                  | CUSIP: 464288414<br>LEI: 549300H21FUYFQW9N157 | Long             | EC               | RF                | US        |    328250 | NS      | $34288995.00  | 3.99%             |  |  |  | No            |                  1 | On Loan: No      |
| VIRGINIA ST SMALL BUSINESS FIN              | Virginia Small Business Financing Authority                                     | CUSIP: 928104NX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1145144.84   | 0.13%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PF75<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3421935.73   | 0.40%             | 2054-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI SPL FAC REV              | Public Finance Authority                                                        | CUSIP: 74446DAQ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2628297.62   | 0.31%             | 2054-09-01      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| WYANDOTTE CNTY/KANSAS CITY KS               | Wyandotte County-Kansas City Unified Government                                 | CUSIP: 982707AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $559558.45    | 0.07%             | 2040-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN              | Florida Development Finance Corp                                                | CUSIP: 34061ULK2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1827372.44   | 0.21%             | 2057-08-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI SPL REVENUE              | Public Finance Authority                                                        | CUSIP: 74447TAF9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2426000 | PA      | $2400639.28   | 0.28%             | 2032-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CALIF CITY &CNTY              | San Francisco City & County Airport Comm-San Francisco International Airport    | CUSIP: 79766DWV7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1523554.12   | 0.18%             | 2043-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PJV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1350000.00   | 0.16%             | 2048-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                            | CUSIP: 167593X98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030607.91   | 0.24%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                            | CUSIP: 1675934S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3038345.49   | 0.35%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE                    | District of Columbia                                                            | CUSIP: 25483VVQ4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $1957879.51   | 0.23%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH RE              | New Jersey Economic Development Authority                                       | CUSIP: 6459182H5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1703376.73   | 0.20%             | 2043-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL EDUCTNL FAC              | Miami-Dade County Educational Facilities Authority                              | CUSIP: 59333APP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1277637.02   | 0.15%             | 2041-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BERKELEY CNTY SC ASSMNT REVENU              | County of Berkeley SC                                                           | CUSIP: 084220AC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $812288.97    | 0.09%             | 2049-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                               | CUSIP: 452153JV2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2759201.40   | 0.32%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE                | Michigan Finance Authority                                                      | CUSIP: 59447TL76<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1646271.21   | 0.19%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL               | New York City Transitional Finance Authority                                    | CUSIP: 64972JTV0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1423453.70   | 0.17%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WA INDL DEV CORP               | Port of Seattle Industrial Development Corp                                     | CUSIP: 735385AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000344.70   | 0.12%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST FIN AUTH SOL WST DISP              | Finance Authority of Maine                                                      | CUSIP: 56042CAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001964.04   | 0.12%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1210119 | PA      | $996075.42    | 0.12%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SECURITIZATION AUTH ST              | Tobacco Securitization Authority of Southern California                         | CUSIP: 888804CU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $578705.29    | 0.07%             | 2054-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CA TOBACCO SEC              | California County Tobacco Securitization Agency                                 | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $531942.39    | 0.06%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| National Finance Authority                  | National Finance Authority Affordable Housing Certificates Series 2024-1        | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3185000 | PA      | $3143414.60   | 0.37%             | 2040-10-20      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                            | CUSIP: 1675934P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014556.12   | 0.12%             | 2043-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI SPL REVENUE              | Public Finance Authority                                                        | CUSIP: 74447TAG7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1471528.70   | 0.17%             | 2033-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| HENDERSON KY EXEMPT FACS REVEN              | City of Henderson KY                                                            | CUSIP: 425099AB4<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |    500000 | PA      | $439818.19    | 0.05%             | 2052-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                 | State of Illinois                                                               | CUSIP: 4521525Q0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1969133.45   | 0.23%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL               | New York City Transitional Finance Authority                                    | CUSIP: 64972JTU2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101343.38   | 0.24%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SAINT JOHNS CNTY FL INDL DEV A              | St Johns County Industrial Development Authority                                | CUSIP: 79041LAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1126394.00   | 0.13%             | 2046-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST FIN AUTH SOL WST DISP              | Finance Authority of Maine                                                      | CUSIP: 56042CAY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2517495.35   | 0.29%             | 2047-12-01      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING               | Pennsylvania Economic Development Financing Authority                           | CUSIP: 70869PPE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1404514.92   | 0.16%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DETROIT MI                                  | City of Detroit MI                                                              | CUSIP: 2510936E5<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072822.19   | 0.12%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY PROJ NE G              | Central Plains Energy Project                                                   | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    150000 | PA      | $160377.12    | 0.02%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS CA PUBLIC FING A              | River Islands Public Financing Authority                                        | CUSIP: 76827QKX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1453774.98   | 0.17%             | 2044-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO              | Mississippi Business Finance Corp                                               | CUSIP: 60527MBA6<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3038935.55   | 0.35%             | 2036-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI              | Washington State Housing Finance Commission                                     | CUSIP: 93978LHF6<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3020045.47   | 0.35%             | 2049-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| OHIO ST PRIVATE ACTIVITY REVEN              | State of Ohio                                                                   | CUSIP: 67759YAQ0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930102.54    | 0.11%             | 2053-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #13 SPL ASSMNT REVE              | Village Community Development District No 13                                    | CUSIP: 92708HAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1099932.91   | 0.13%             | 2031-05-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH CHRT              | Delaware State Economic Development Authority                                   | CUSIP: 246372BB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $658522.95    | 0.08%             | 2042-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                            | CUSIP: 167590FA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947910.77    | 0.11%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST INDL DEV & EXPORT AU              | Alaska Industrial Development & Export Authority                                | CUSIP: 011903GL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4320000 | PA      | $3453774.28   | 0.40%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS              | New Hampshire Business Finance Authority                                        | CUSIP: 63607WBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3006103.82   | 0.35%             | 2037-09-28      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PRIV ACTIVITY BOND SU              | Texas Private Activity Bond Surface Transportation Corp                         | CUSIP: 882667CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1234013.08   | 0.14%             | 2041-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN              | New Hampshire Business Finance Authority                                        | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2511728.48   | 0.29%             | 2033-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE                    | District of Columbia                                                            | CUSIP: 25483VXS8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1337814.33   | 0.16%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCTNL & CULTURAL AU              | Colorado Educational & Cultural Facilities Authority                            | CUSIP: 19645UVQ4<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    430000 | PA      | $414731.21    | 0.05%             | 2055-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1306783.18   | 0.15%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH                          | Commonwealth of Puerto Rico                                                     | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1825625 | PA      | $1286680.36   | 0.15%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PASCO CNTY FL CAPITAL IMPT CIG              | County of Pasco FL                                                              | CUSIP: 70252AAX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048445.21   | 0.12%             | 2054-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| TEMPE AZ INDL DEV AUTH REVENUE              | Tempe Industrial Development Authority                                          | CUSIP: 87972MBD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $912029.98    | 0.11%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH CHRT              | Delaware State Economic Development Authority                                   | CUSIP: 246372BC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $918465.61    | 0.11%             | 2052-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP               | Lakewood Ranch Stewardship District                                             | CUSIP: 51265KBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970470.89    | 0.11%             | 2047-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH FL STEWARDSHIP               | Lakewood Ranch Stewardship District                                             | CUSIP: 51265KFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029658.05   | 0.12%             | 2054-05-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PL86<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2248989 | PA      | $2208807.35   | 0.26%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY OH HOSP FACS REV              | County of Franklin OH                                                           | CUSIP: 353187EF0<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2129703.52   | 0.25%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PJU0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $787500.00    | 0.09%             | 2038-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| JPMORGAN CHASE BANK, NATIONAL ASSOCIATION   | IRS USD                                                                         | CUSIP: 000000000<br>LEI: 7H6GLXDRUGQFU57RNE97 | N/A              | DIR              | CORP              | US        |         1 | NC      | $0.00         | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE              | South Carolina Jobs-Economic Development Authority                              | CUSIP: 837031H71<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2931187.13   | 0.34%             | 2065-03-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO CA SPL TAX                       | City of Sacramento CA                                                           | CUSIP: 786071RB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $637340.81    | 0.07%             | 2046-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV              | Colorado Health Facilities Authority                                            | CUSIP: 19648FSV7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $846659.62    | 0.10%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST ENVRNMNTL FACS COR              | New York State Environmental Facilities Corp                                    | CUSIP: 649852AT7<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512560.39    | 0.06%             | 2050-09-01      | Variable      | 5.12%                 | No            |                  2 | On Loan: No      |
| COLORADO EDUCTNL & CULTURAL AU              | Colorado Educational & Cultural Facilities Authority                            | CUSIP: 19645UTM6<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1639919.13   | 0.19%             | 2064-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HUGO MN CHTR SCH LEASE REVENUE              | City of Hugo MN                                                                 | CUSIP: 444584AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1133297.63   | 0.13%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN              | New Jersey Higher Education Student Assistance Authority                        | CUSIP: 646080ZG9<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1625350.35   | 0.19%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOBACCO SECURITIZATI              | Golden State Tobacco Securitization Corp                                        | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22000000 | PA      | $2013341.90   | 0.23%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH REVE              | Delaware State Economic Development Authority                                   | CUSIP: 246387RS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $467557.45    | 0.05%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY WY POLL CONTROL R              | County of Lincoln WY                                                            | CUSIP: 533485BB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500000.00   | 0.41%             | 2044-10-01      | Variable      | 3.52%                 | No            |                  2 | On Loan: No      |
| CAPITAL TRUST AUTH FL REVENUE               | Capital Trust Authority                                                         | CUSIP: 14055AAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2482985.12   | 0.29%             | 2044-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL               | Philadelphia Authority for Industrial Development                               | CUSIP: 71781PBL3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2795000 | PA      | $2716585.74   | 0.32%             | 2050-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #14 SPL ASSMNT REVE              | Village Community Development District No 14                                    | CUSIP: 92708JAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1600002.55   | 0.19%             | 2053-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE              | California Municipal Finance Authority                                          | CUSIP: 13048VQ27<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3007443.92   | 0.35%             | 2039-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH MUNI CTFS              | New Hampshire Business Finance Authority                                        | CUSIP: 63607WBE3<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |    996411 | PA      | $877575.88    | 0.10%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY CITY TRANSITIONAL               | New York City Transitional Finance Authority                                    | CUSIP: 64972JNR5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5238759.61   | 0.61%             | 2052-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST INFRASTRUCTURE &              | California Infrastructure & Economic Development Bank                           | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8235111.24   | 0.96%             | 2065-01-01      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL               | Black Belt Energy Gas District                                                  | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3071867.07   | 0.36%             | 2056-05-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH RSD              | Virginia Beach Development Authority                                            | CUSIP: 92774NBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1619973.22   | 0.19%             | 2059-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE                   | City of Chicago IL Waterworks Revenue                                           | CUSIP: 167736U96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $757242.97    | 0.09%             | 2053-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SPARKS NV TOURISM IMPT DIST #1              | City of Sparks NV                                                               | CUSIP: 846562AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $274321.86    | 0.03%             | 2028-06-15      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE                | Tennergy Corp/TN                                                                | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    850000 | PA      | $906594.40    | 0.11%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX INDL DEV CORP                | Harris County Industrial Development Corp                                       | CUSIP: 414189AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006821.21   | 0.12%             | 2050-11-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R              | Arizona Industrial Development Authority                                        | CUSIP: 04052BRH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1987630.31   | 0.23%             | 2029-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU              | New Jersey Turnpike Authority                                                   | CUSIP: 646140JD6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2074341.43   | 0.24%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN              | Florida Development Finance Corp                                                | CUSIP: 34061UFY9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $890831.60    | 0.10%             | 2055-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VanEck High Yield Muni ETF                  | VanEck High Yield Muni ETF                                                      | CUSIP: 92189H409<br>LEI: 549300UT41BWOPGYSE94 | Long             | EC               | RF                | US        |    827000 | NS      | $40928230.00  | 4.76%             |  |  |  | No            |                  1 | On Loan: No      |
| CHESTER CNTY PA INDL DEV AUTHS              | Chester County Industrial Development Authority                                 | CUSIP: 16559PBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4087739.94   | 0.48%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV              | City & County of Denver CO Airport System Revenue                               | CUSIP: 249182VE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053125.46   | 0.12%             | 2043-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PD28<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1463909.57   | 0.17%             | 2032-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PCQ6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $921530.30    | 0.11%             | 2048-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #13 SPL ASSMNT REVE              | Village Community Development District No 13                                    | CUSIP: 92708HAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $682503.38    | 0.08%             | 2050-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH SP              | New Jersey Economic Development Authority                                       | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4290000 | PA      | $4290394.73   | 0.50%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM              | North Carolina Medical Care Commission                                          | CUSIP: 65820YTA4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    525000 | PA      | $525135.62    | 0.06%             | 2028-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH EDU R              | Industrial Development Authority of the City of Phoenix Arizona/The             | CUSIP: 71885FDP9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930462.34    | 0.11%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                                  | City of Chicago IL                                                              | CUSIP: 167486E39<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2863064.12   | 0.33%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PORTS AUTH P              | South Carolina Ports Authority                                                  | CUSIP: 837123HN1<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1588558.50   | 0.18%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL TRANSIT AUTH SALES               | Chicago Transit Authority Sales Tax Receipts Fund                               | CUSIP: 16772PCC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $814440.92    | 0.09%             | 2050-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PORTS AUTH P              | South Carolina Ports Authority                                                  | CUSIP: 837123GL6<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1295557.14   | 0.15%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ INDL DEV AUTH EDU R              | Industrial Development Authority of the City of Phoenix Arizona/The             | CUSIP: 71885FDK0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2091829.15   | 0.24%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE                  | Public Finance Authority                                                        | CUSIP: 74442PCN3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    470000 | PA      | $472708.12    | 0.05%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC              | Health & Educational Facilities Authority of the State of Missouri              | CUSIP: 60635H3C1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $943165.19    | 0.11%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GALVESTON TX WHARVES & TERMINA              | City of Galveston TX Wharves & Terminal Revenue                                 | CUSIP: 364568JL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3060000 | PA      | $3238643.66   | 0.38%             | 2043-08-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL EDUCTNL FAC              | Miami-Dade County Educational Facilities Authority                              | CUSIP: 59333APR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1859026.41   | 0.22%             | 2043-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU                       | Chicago Board of Education                                                      | CUSIP: 167505WK8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500333.60    | 0.06%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN              | New Jersey Higher Education Student Assistance Authority                        | CUSIP: 646080ZH7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1608198.32   | 0.19%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R              | Arizona Industrial Development Authority                                        | CUSIP: 04052BAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $957088.47    | 0.11%             | 2050-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP EDUCTN              | Florida Development Finance Corp                                                | CUSIP: 34061UNJ3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1953631.13   | 0.23%             | 2055-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP               | Arlington Higher Education Finance Corp                                         | CUSIP: 041806L73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2062550.12   | 0.24%             | 2046-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI CHRT SCH RE              | Public Finance Authority                                                        | CUSIP: 744396KH4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1032550.60   | 0.12%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP SOL WS              | Florida Development Finance Corp                                                | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3988432.92   | 0.46%             | 2054-10-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IN LOCAL PUBLIC I              | Indianapolis Local Public Improvement Bond Bank                                 | CUSIP: 45528U6Y2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043918.46   | 0.24%             | 2057-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2483209.80   | 0.29%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP              | New York Transportation Development Corp                                        | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4480000 | PA      | $4248534.47   | 0.49%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SUFFOLK NY TOBACCO ASSET SECUR              | Suffolk Tobacco Asset Securitization Corp                                       | CUSIP: 864809CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $81776.10     | 0.01%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE                | Illinois Finance Authority                                                      | CUSIP: 45204EU55<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10231.80     | 0.00%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VLG FL CDD #13 SPL ASSMNT REVE              | Village Community Development District No 13                                    | CUSIP: 92708HAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $850988.45    | 0.10%             | 2051-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE                 | City of Houston TX Airport System Revenue                                       | CUSIP: 4423487S1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000262.45   | 0.23%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV              | Build NYC Resource Corp                                                         | CUSIP: 12008ESB3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1142167.05   | 0.13%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WARREN CNTY OH HLTH CARE FACS               | County of Warren OH                                                             | CUSIP: 93515PEM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1380874.21   | 0.16%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VENICE FL                                   | City of Venice FL                                                               | CUSIP: 922687AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $877945.91    | 0.10%             | 2030-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI ARPT FACS R              | Public Finance Authority                                                        | CUSIP: 74443CAB9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    340000 | PA      | $340283.37    | 0.04%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KERRVILLE TX HLTH FACS DEV COR              | Kerrville Health Facilities Development Corp                                    | CUSIP: 492436AZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000430.98   | 0.35%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                            | CUSIP: 167593M74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3005000 | PA      | $2556021.98   | 0.30%             | 2053-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOBILITY AUTH R              | Central Texas Regional Mobility Authority                                       | CUSIP: 155498FP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $958914.71    | 0.11%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL               | Connecticut State Health & Educational Facilities Authority                     | CUSIP: 20775DYW6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $1914322.98   | 0.22%             | 2054-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA              | Chicago O'Hare International Airport                                            | CUSIP: 1675934F6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025156.78   | 0.12%             | 2043-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-23

**Name of Applicant:** Prudential Investment Portfolios 4

**Signature:** Christian J. Kelly

**Name of Signer:** Christian J. Kelly

**Title:** Chief Financial Officer