# EDGAR Filing Document

**Accession Number:** 0001727074
**File Stem:** 0000940400-26-014259
**Filing Date:** 2026-4
**Character Count:** 86878
**Document Hash:** 28384c76d77f34e9e1186fb3145dfae9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-014259.hdr.sgml**: 20260423

**ACCESSION NUMBER**: 0000940400-26-014259

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260423

**DATE AS OF CHANGE**: 20260423

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PGIM ETF TRUST
- **CENTRAL INDEX KEY:** 0001727074

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23324
- **FILM NUMBER:** 26887902

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

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

## Series and Classes Contracts Data

### PGIM Ultra Short Municipal Bond ETF (Series ID: S000085146)

| Class ID   | Class Name                          | Ticker Symbol   |
|:---|:---|:---|
| C000250013 | PGIM Ultra Short Municipal Bond ETF | PUSH            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PGIM ETF Trust

- **b. Investment Company Act file number:** 811-23324

- **c. CIK number of Registrant:** 0001727074

- **d. LEI of Registrant:** 549300OXS91LYTDQF355

- **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:** 888-247-8090

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

- **a. Name of Series:** PGIM Ultra Short Municipal Bond ETF

- **b. EDGAR series identifier (if any):** S000085146

- **c. LEI of Series:** 529900N2SPHIJHBHFD45

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

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

- **b. Date as of which information is reported:** 2026-02-27

**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:** $67167883.86

**Total Liabilities:** $7593.60

**Net Assets:** $67160290.26

**Cash Not Reported:** $184000.94

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 811.00805000 | **1-Year:** 5066.51086000 | **5-Year:** 1887.22929000 | **10-Year:** 154.67784000 | **30-Year:** 6.19354000

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

- **3-Month:** 19.60248000 | **1-Year:** 141.86635000 | **5-Year:** 27.08224000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000250013 | 0.28%                | 0.48%                | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $2161.98                 | $1137.19                                   |
| Month 2  | $139.76                  | $103665.29                                 |
| Month 3  | $-2601.31                | $117427.18                                 |

**Designated Index Information**

- **Index Name:** PGIM Ultrashort Municipal Bond ETF_Ex Derivatives BM

- **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.                                        | 2-Year T-Note Futures, Jun-2026,ETH              | CUSIP: 000000000<br>LEI: 549300EX04Q2QBFQTQ27 | N/A              | DIR              | CORP              | US        |        14 | NC      | $4791.88      | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| PHILADELPHIA PA SCH DIST                                                           | PA PHISCD 5 09/01/2036                           | CUSIP: 717883VD1<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    400000 | PA      | $419380.55    | 0.62%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                        | IL CHI 5 01/01/2027                              | CUSIP: 167486F87<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    225000 | PA      | $227749.05    | 0.34%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST HSG & CMNTY DEV AUTH                                                    | IN INSSFH 3 01/01/2052                           | CUSIP: 45505TVC2<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |    150000 | PA      | $149369.91    | 0.22%             | 2052-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                                     | AL BBEUTL 10/01/2049                             | CUSIP: 09182RBE0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    680000 | PA      | $683712.94    | 1.02%             | 2049-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DUTCHESS CNTY N Y LOC DEV CORP                                                     | NY DUTDEV 5 07/01/2026                           | CUSIP: 267045GK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201430.04    | 0.30%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DAUPHIN CNTY PA GEN AUTH                                                           | PA DAUMED 5 06/01/2036                           | CUSIP: 23825EDY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $205867.96    | 0.31%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                                  | DC DISMED 5 07/15/2027                           | CUSIP: 254764JR5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250256.25    | 0.37%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                                       | OH OHSDEV 11/01/2039                             | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    250000 | PA      | $254070.80    | 0.38%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                                   | CA LOSUTL 5 07/01/2027                           | CUSIP: 544532JX3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    160000 | PA      | $165910.34    | 0.25%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN NASHVILLE ARPT AUTH TENN                                              | TN MNVAPT 5 07/01/2027                           | CUSIP: 592190NS7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |    255000 | PA      | $262647.33    | 0.39%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING AUTH                                                  | CA CCEDEV 05/01/2054                             | CUSIP: 13013JCS3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    220000 | PA      | $234295.08    | 0.35%             | 2054-05-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH                                                        | MA MASEDU 5 07/01/2027                           | CUSIP: 57563RRK7<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    300000 | PA      | $308221.12    | 0.46%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROOKS DEVELOPMENT AUTHORITY (TX)                                                  | TX BRKDEV 08/15/2042                             | CUSIP: 114390AL1<br>LEI: 254900CIQ3XBA01G8L37 | Long             | DBT              | MUN               | US        |    285000 | PA      | $293178.44    | 0.44%             | 2042-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                                | NY NYTTRN 5 01/01/2029                           | CUSIP: 650116CH7<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | MUN               | US        |    385000 | PA      | $399676.63    | 0.60%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N J                                                   | NJ TOBGEN 5 06/01/2033                           | CUSIP: 888808HJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $224935.24    | 0.33%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN HEALTH & EDL FACS BRD MULTIFAMILY | TN METHSG 10/01/2028                             | CUSIP: 592113CQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $181982.43    | 0.27%             | 2028-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                                  | DC DISMED 5 07/15/2035                           | CUSIP: 254764JZ7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300219.04    | 0.45%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                                          | CO COSMED 05/15/2062                             | CUSIP: 19648FVK7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    380000 | PA      | $384499.60    | 0.57%             | 2062-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX HIGHER ED FIN CORP                                                     | TX HOUHGR 3.38 02/15/2029                        | CUSIP: 442378GD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300133.60    | 0.45%             | 2029-02-15      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP IV                                         | TX TMGUTL 01/01/2054                             | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |    120000 | PA      | $128963.96    | 0.19%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| GLENDALE ARIZ INDL DEV AUTH                                                        | AZ GLEDEV 5 07/01/2027                           | CUSIP: 378286KS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $347778.28    | 0.52%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                                     | AL BBEUTL 07/01/2052                             | CUSIP: 09182NCB4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    160000 | PA      | $162224.33    | 0.24%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LEHIGH CNTY PA GEN PURP HOSP                                                       | PA LEHMED 4 07/01/2028                           | CUSIP: 52480GCT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $617589.60    | 0.92%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA STATE BOARD EDUCATION PUBLIC EDUCATION                                     | FL FLSEDU 3 06/01/2029                           | CUSIP: 34153QAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100043.90    | 0.15%             | 2029-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND THE (OR)                                                          | OR PTPAPT 5 07/01/2026                           | CUSIP: 735240V91<br>LEI: 549300BRH7XZ3ZK0DS46 | Long             | DBT              | MUN               | US        |    420000 | PA      | $423334.03    | 0.63%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH                                                | WA WASMED 5 07/01/2026                           | CUSIP: 93978HUF0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    440000 | PA      | $442812.14    | 0.66%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER ARIZ INDL DEV AUTH                                                        | AZ CHADEV 06/01/2049                             | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $162814.38    | 0.24%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT ARPTS                                                       | CA LOSAPT 5 05/15/2027                           | CUSIP: 544445EX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $341046.91    | 0.51%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                                          | CO COSMED 5 12/01/2027                           | CUSIP: 19648FYY4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    245000 | PA      | $253481.73    | 0.38%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO (IL), CITY OF                                                              | IL CHITRN 5 01/01/2037                           | CUSIP: 167593YK2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253132.15    | 0.38%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HSG FIN AUTH                                                       | FL ORAMFH 01/01/2043                             | CUSIP: 684906HW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252144.47    | 0.38%             | 2043-01-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                                   | CA LOSUTL 5 07/01/2026                           | CUSIP: 544532CS1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201283.19    | 0.30%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                                | WI PUBGEN 01/01/2055                             | CUSIP: 74442PR64<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    648306 | PA      | $652390.85    | 0.97%             | 2055-01-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO CITY BOARD OF EDUCATION (IL)                                               | IL CHIEDU 5 04/01/2033                           | CUSIP: 167510AN6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    740000 | PA      | $764710.78    | 1.14%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STRATEGIC HSG FIN CORP TRAVIS CNTY TEX                                             | TX SRTMFH 03/01/2046                             | CUSIP: 86272DAQ4<br>LEI: 5493003J2Q532N65DZ74 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175653.66    | 0.26%             | 2046-03-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FD                                                           | MI MISGEN 10/01/2061                             | CUSIP: 594698SR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500713.27    | 0.75%             | 2061-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                                  | IL ILSGEN 11/01/2034                             | CUSIP: 45204E2L1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    965000 | PA      | $965364.51    | 1.44%             | 2034-11-01      | Floating      | 3.72%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TEX HSG TR PUB FAC CORP                                                | TX SAHMFH 07/01/2029                             | CUSIP: 79626VAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $212160.31    | 0.32%             | 2029-07-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| NEBRASKA INVT FIN AUTH                                                             | NE NESMFH 04/01/2042                             | CUSIP: 63967MFW5<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250083.26    | 0.37%             | 2042-04-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH                                                        | MA MASEDU 5 07/01/2026                           | CUSIP: 57563RPD5<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    225000 | PA      | $226451.14    | 0.34%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX HSG FIN CORP                                                            | TX DALMFH 09/01/2026                             | CUSIP: 235298BT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.15%             | 2026-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ERNEST N MORIAL-NEW ORLEANS LA EXHIB HALL AUTH                                     | LA ERNFAC 5 07/15/2026                           | CUSIP: 295852JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $288002.88    | 0.43%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                                | PR PRC 5.62 07/01/2027                           | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    369000 | PA      | $377624.23    | 0.56%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                                  | IL ILSGEN 5 12/01/2026                           | CUSIP: 45204EBL1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251433.39    | 0.37%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH                                                  | VA VASDEV 5 10/01/2026                           | CUSIP: 928104QQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $714839.08    | 1.06%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZORIA CNTY TEX MUN UTIL DIST NO 21                                              | TX BRZUTL 3.5 09/01/2026                         | CUSIP: 106059HW1<br>LEI: 549300ULS85ORQFZGR20 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150058.72    | 0.22%             | 2026-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| MINNESOTA RURAL WTR FIN AUTH                                                       | MN MNSWTR 3.3 08/01/2026                         | CUSIP: 60411PBE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $375152.49    | 0.56%             | 2026-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORP VI (TX)                            | TX TGAUTL 5 01/01/2028                           | CUSIP: 88256FAB8<br>LEI: 254900OCOQCKZZ4U6C83 | Long             | DBT              | MUN               | US        |    375000 | PA      | $388239.50    | 0.58%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELTA AIR LINES INC                                                                | NY NYTTRN 4 10/01/2030                           | CUSIP: 650116CX2<br>LEI: Q2CCMS6R0AS67HJMBN42 | Long             | DBT              | MUN               | US        |    315000 | PA      | $324164.61    | 0.48%             | 2030-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEN TEX INDPT SCH DIST                                                           | TX ALLSCD 5 02/15/2036                           | CUSIP: 018106KG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $15020.73     | 0.02%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                            | CA CASMFH 09/01/2045                             | CUSIP: 130483GH7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100553.38    | 0.15%             | 2045-09-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HIGHER ED SUPPLEMENTAL LN AUTH                                      | CT CTSSTD 5 11/15/2026                           | CUSIP: 207743WM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $152041.45    | 0.23%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOUNDS VIEW MINN                                                                   | MN MBDMFH 03/01/2046                             | CUSIP: 620646AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252760.54    | 0.38%             | 2046-03-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| ILLINOIS (IL), STATE OF                                                            | IL ILSGEN 4 06/15/2027                           | CUSIP: 452227RM5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    310000 | PA      | $316902.01    | 0.47%             | 2027-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                                          | CO COSMED 08/01/2049                             | CUSIP: 19648FJJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175219.43    | 0.26%             | 2049-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                                        | IL CHI 4 01/01/2029                              | CUSIP: 167486H77<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253364.05    | 0.38%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH                                                           | AZ AZSMFH 03/01/2058                             | CUSIP: 04062PCD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $355919.04    | 0.53%             | 2058-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CALIF TOB SECURITIZATION AGY                                       | CA CASGEN 5 06/01/2027                           | CUSIP: 13016NGJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $335675.87    | 0.50%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                                    | NJ NJSTRN 5 12/15/2036                           | CUSIP: 6461364H1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    100000 | PA      | $105863.71    | 0.16%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH                                                   | FL ORAMED 11/15/2052                             | CUSIP: 68450LGT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254689.62    | 0.38%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                                 | IL CHIEDU 5.25 12/01/2027                        | CUSIP: 167505A89<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    700000 | PA      | $715505.24    | 1.07%             | 2027-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALABAMA HSG FIN AUTH                                                               | AL ALSMFH 11/01/2027                             | CUSIP: 01030PGY6<br>LEI: 549300VFN7EHPOFS7D76 | Long             | DBT              | MUN               | US        |    200000 | PA      | $202924.88    | 0.30%             | 2027-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                                                    | KY KYSPWR 02/01/2050                             | CUSIP: 74440DCM4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1287100.69   | 1.92%             | 2050-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| (PIPA070) PGIM Core Government Money Market Fund                                   | (PIPA070) PGIM Core Government Money Market Fund | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | RF                | US        |    834371 | NS      | $834371.03    | 1.24%             |  |  |  | No            |                  1 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                                                | WI WISMED 08/15/2054                             | CUSIP: 97712JGV9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    295000 | PA      | $297135.53    | 0.44%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH                                                        | MA MASEDU 5 07/01/2029                           | CUSIP: 57563RSF7<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    175000 | PA      | $185759.06    | 0.28%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                                                  | MI MISFIN 11/15/2049                             | CUSIP: 59447TWZ2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    635000 | PA      | $636405.39    | 0.95%             | 2049-11-15      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                            | GA MAIUTL 08/01/2052                             | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506683.35    | 0.75%             | 2052-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                        | CA CASDEV 01/01/2065                             | CUSIP: 13034A7F1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250091.63    | 0.37%             | 2065-01-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                                      | CA CAS 3.15 12/01/2026                           | CUSIP: 13063CXN5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    775000 | PA      | $775213.98    | 1.15%             | 2026-12-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                                | WI PUBEDU 4 06/15/2026                           | CUSIP: 74442EHH6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    370000 | PA      | $370321.81    | 0.55%             | 2026-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                        | IL ILS 5 11/01/2033                              | CUSIP: 452152M81<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    175000 | PA      | $177457.67    | 0.26%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH                                            | NJ NJSHGR 5 12/01/2027                           | CUSIP: 646080WT4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    150000 | PA      | $155884.37    | 0.23%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LN AUTH                                                    | RI RISSTD 5 12/01/2026                           | CUSIP: 762323AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $279698.01    | 0.42%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH                                                            | WA KINHSG 5 01/01/2027                           | CUSIP: 494759SG9<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    200000 | PA      | $204084.00    | 0.30%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                            | GA MAIUTL 09/01/2052                             | CUSIP: 56035DDX7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    160000 | PA      | $165663.78    | 0.25%             | 2052-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS HSG DEV AUTH                                                              | IL ILSMFH 07/01/2045                             | CUSIP: 45203LEW9<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251587.70    | 0.37%             | 2045-07-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH ALA                                                          | AL SEEPWR 01/01/2054                             | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    150000 | PA      | $159912.78    | 0.24%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                        | IL ILS 3.5 06/01/2029                            | CUSIP: 452152D65<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100224.33    | 0.15%             | 2029-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX MUN UTIL DIST NO 157                                               | TX HARUTL 3 03/01/2029                           | CUSIP: 414964QF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $324785.44    | 0.48%             | 2029-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH                                            | NJ NJSHGR 5 12/01/2028                           | CUSIP: 646080XV8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    500000 | PA      | $533521.16    | 0.79%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                            | GA MAIUTL 07/01/2052                             | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1413024.00   | 2.10%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                        | IL ILS 5 07/01/2027                              | CUSIP: 452153GC7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    330000 | PA      | $341171.92    | 0.51%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXARKANA TEX INDPT SCH DIST                                                       | TX TEXSCD 02/15/2053                             | CUSIP: 881847VM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $483090.31    | 0.72%             | 2053-02-15      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX INDPT SCH DIST                                                          | TX DALSCD 02/15/2055                             | CUSIP: 235308Q48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $143448.38    | 0.21%             | 2055-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO (TX), CITY OF                                                          | TX SANUTL 02/01/2053                             | CUSIP: 79625GHJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $225974.25    | 0.34%             | 2053-02-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY MD HSG OPPNTYS COMMN                                               | MD MONSFH 3.12 07/01/2028                        | CUSIP: 6133494U0<br>LEI: 549300HDL0LLRHMDL092 | Long             | DBT              | MUN               | US        |    385000 | PA      | $384997.56    | 0.57%             | 2028-07-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                                  | DC DISREV 5 07/01/2026                           | CUSIP: 25483VVX9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100725.94    | 0.15%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS IND LOC PUB IMPT BD BK                                                | IN INPGEN 5 01/01/2028                           | CUSIP: 45528UTF8<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |    380000 | PA      | $382879.86    | 0.57%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                            | NY NYSHSG 11/01/2063                             | CUSIP: 64987JP47<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    240000 | PA      | $240182.83    | 0.36%             | 2063-11-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| BOONE CNTY KY                                                                      | KY BOOPOL 3.7 08/01/2027                         | CUSIP: 098792AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277162.47    | 0.41%             | 2027-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| ILLINOIS (IL), STATE OF                                                            | IL ILSGEN 4 06/15/2029                           | CUSIP: 452227KQ3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    110000 | PA      | $110367.36    | 0.16%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                                   | CA LOSUTL 5 07/01/2026                           | CUSIP: 544532AA2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    425000 | PA      | $428770.47    | 0.64%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI DADE CNTY FLA INDL DEV AUTH                                                  | FL MIADEV 3.35 09/01/2027                        | CUSIP: 59333GAK4<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |    400000 | PA      | $402259.61    | 0.60%             | 2027-09-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LN AUTH                                                    | RI RISSTD 5 12/01/2026                           | CUSIP: 762315QY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254261.38    | 0.38%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHATCOM CNTY WASH PUB UTIL DIST NO 001                                             | WA WHAUTL 5 12/01/2027                           | CUSIP: 962468FD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $124578.50    | 0.19%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HEALTH & EDL FACS AUTH                                                 | MO MOSMED 05/01/2051                             | CUSIP: 60637ATQ5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    210000 | PA      | $210540.41    | 0.31%             | 2051-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                                     | NY NYCMFH 11/01/2062                             | CUSIP: 64972E3D9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    885000 | PA      | $884953.55    | 1.32%             | 2062-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                                                  | MI MISFIN 5 06/01/2026                           | CUSIP: 59447TJ87<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    380000 | PA      | $382115.87    | 0.57%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI DEV FIN BRD                                                               | MO MOSDEV 3 10/01/2028                           | CUSIP: 606033AP3<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100041.71    | 0.15%             | 2028-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RICHMOND VA REDEV & HSG AUTH                                                       | VA RICHSG 12/01/2055                             | CUSIP: 76543PBC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100006.47    | 0.15%             | 2055-12-01      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN CORP                                                 | TX NHPFAC 5 11/01/2026                           | CUSIP: 64542UGQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $283475.84    | 0.42%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                                          | CO COSMED 5 08/01/2026                           | CUSIP: 19648FJL9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    260000 | PA      | $262685.28    | 0.39%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                                     | AL BBEUTL 04/01/2053                             | CUSIP: 09182TBC0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    545000 | PA      | $552935.33    | 0.82%             | 2053-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY (UT), CITY OF                                                       | UT SALAPT 5 07/01/2027                           | CUSIP: 795576JK4<br>LEI: 549300CRGKV67DRSGT85 | Long             | DBT              | MUN               | US        |    360000 | PA      | $371909.70    | 0.55%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                        | IL ILS 5 12/01/2027                              | CUSIP: 452153BR9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    140000 | PA      | $146288.68    | 0.22%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH                                                             | KS KSSMFH 09/01/2028                             | CUSIP: 48542TBM1<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103691.77    | 0.15%             | 2028-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                                | WI PUBGEN 5 11/15/2026                           | CUSIP: 74442PH57<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    275000 | PA      | $278589.32    | 0.41%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH                                            | NJ NJSHGR 5 12/01/2026                           | CUSIP: 646080TT8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    390000 | PA      | $396847.26    | 0.59%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WHATCOM CNTY WASH PUB UTIL DIST NO 001                                             | WA WHAUTL 5 12/01/2028                           | CUSIP: 962468FE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $105837.01    | 0.16%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                                  | DC DISREV 5 07/01/2026                           | CUSIP: 25483VTA2<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125907.42    | 0.19%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY N Y INDL DEV CORP                                                      | NY MONDEV 5 12/01/2028                           | CUSIP: 61075TRG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253665.37    | 0.38%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                                       | MA MASDEV 5 05/01/2030                           | CUSIP: 57584XEF4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1035839.71   | 1.54%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HEALTH FACS FING AUTH                                                   | CA CASMED 10/01/2039                             | CUSIP: 13032UUP1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    630000 | PA      | $652024.53    | 0.97%             | 2039-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH                                                           | AZ AZSMFH 02/01/2058                             | CUSIP: 04062PCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1295887.30   | 1.93%             | 2058-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| REDMOND WASH                                                                       | WA RMD 3 12/01/2026                              | CUSIP: 757674MZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $369777.75    | 0.55%             | 2026-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FORT BEND CNTY TEX MUN UTIL DIST NO 122                                            | TX FORUTL 3 09/01/2027                           | CUSIP: 34681TKA8<br>LEI: 549300MCKCXJX0HUFG45 | Long             | DBT              | MUN               | US        |    335000 | PA      | $334996.60    | 0.50%             | 2027-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                                         | TX TAREDU 11/15/2052                             | CUSIP: 87638QSF7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    390000 | PA      | $391122.94    | 0.58%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CARTHAGE TEX                                                                       | TX CTH 3 05/15/2028                              | CUSIP: 146717NP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $244291.09    | 0.36%             | 2028-05-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH                                                | WA WASMED 08/01/2049                             | CUSIP: 93978HVB8<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    790000 | PA      | $790899.62    | 1.18%             | 2049-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH CNTY UTAH                                                                     | UT UTSMED 05/15/2060                             | CUSIP: 917393DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202008.90    | 0.30%             | 2060-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA TENN HEALTH EDL & HSG FAC BRD                                          | TN CHAMFH 12/01/2043                             | CUSIP: 162404DS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125203.91    | 0.19%             | 2043-12-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| TAMPA FLA                                                                          | FL TAMMED 5 07/01/2037                           | CUSIP: 875161CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165964.68    | 0.25%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                            | CA CASFIN 5 12/31/2027                           | CUSIP: 13048VBJ6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    190000 | PA      | $195096.38    | 0.29%             | 2027-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP                                                     | TX CLIEDU 5 08/15/2028                           | CUSIP: 187145GE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252270.34    | 0.38%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                                | WI PUBGEN 08/01/2059                             | CUSIP: 74448SAA1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $499862.82    | 0.74%             | 2059-08-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HEALTH CARE FACS AUTH                                                | WA WASMED 5 10/01/2026                           | CUSIP: 93978HUR4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    170000 | PA      | $172158.94    | 0.26%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HIGHER ED ASSISTANCE AGY                                           | PA PASSTD 5 06/01/2026                           | CUSIP: 70878CAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $447095.51    | 0.67%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LN AUTH                                                    | RI RISSTD 5 12/01/2027                           | CUSIP: 762323BW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $623354.92    | 0.93%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                                  | IL ILSMEC 5 10/01/2028                           | CUSIP: 452031AF4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    125000 | PA      | $131776.29    | 0.20%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH                                                            | WA KINHSG 5 07/01/2027                           | CUSIP: 494759SH7<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206491.30    | 0.31%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                                                  | TN TNSUTL 5 02/01/2027                           | CUSIP: 880443EE2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    300000 | PA      | $304450.56    | 0.45%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VARAS PUB FAC CORP TEX                                                         | TX LAVMFH 11/01/2044                             | CUSIP: 51766AAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $347207.95    | 0.52%             | 2044-11-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                                     | AL BBEUTL 02/01/2053                             | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    125000 | PA      | $133510.52    | 0.20%             | 2053-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                                | WI PUBGEN 5 11/15/2027                           | CUSIP: 74442PH65<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    290000 | PA      | $299125.60    | 0.45%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH                                            | NJ NJSHGR 5 12/01/2027                           | CUSIP: 646080WK3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |     75000 | PA      | $77954.45     | 0.12%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH N H                                                              | NH NFAGEN 5 12/01/2028                           | CUSIP: 63608TAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150129.92    | 0.22%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                                                  | TN TNSUTL 05/01/2053                             | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    870000 | PA      | $905445.64    | 1.35%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP                                          | TX HAREDU 07/01/2049                             | CUSIP: 414009MP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $356262.81    | 0.53%             | 2049-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                            | GA MAIUTL 12/01/2052                             | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    225000 | PA      | $238673.88    | 0.36%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY GA DEV AUTH                                                            | GA MONPOL 10/01/2048                             | CUSIP: 610530FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $310037.49    | 0.46%             | 2048-10-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                                   | CA LOSUTL 5 07/01/2028                           | CUSIP: 544532PA6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    175000 | PA      | $183493.01    | 0.27%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA FE CNTY N MEX                                                                | NM SFEMFH 12/10/2049                             | CUSIP: 80189NAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252660.20    | 0.38%             | 2049-12-10      | Variable      | 3.29%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST TOLL HWY AUTH                                                          | IL ILSTRN 5 12/01/2031                           | CUSIP: 452252LH0<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    325000 | PA      | $325535.21    | 0.48%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                            | GA MAIUTL 03/01/2050                             | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006318.51   | 1.50%             | 2050-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N J                                                   | NJ TOBGEN 5 06/01/2035                           | CUSIP: 888808HL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $801382.76    | 1.19%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL VY ENERGY AUTH CALIF                                                       | CA CTVPWR 5 08/01/2029                           | CUSIP: 15569DAB8<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |    270000 | PA      | $287470.57    | 0.43%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA HSG FIN AUTH                                                   | FL PALMFH 02/01/2030                             | CUSIP: 69651MAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001137.39   | 1.49%             | 2030-02-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| RIVER ISLANDS PUB FING AUTH CALIF                                                  | CA RVIGEN 5 09/01/2027                           | CUSIP: 76827QMF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102761.63    | 0.15%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX HSG FIN CORP                                                           | TX HOUMFH 04/01/2028                             | CUSIP: 442396EP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $799844.48    | 1.19%             | 2028-04-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| CLIFTON TEX HIGHER ED FIN CORP                                                     | TX CLIEDU 5 08/15/2027                           | CUSIP: 187145GD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $600554.34    | 0.89%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y                                                       | NY MTATRN 5 11/15/2027                           | CUSIP: 59261AGY7<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    170000 | PA      | $173281.17    | 0.26%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEV FIN AUTH                                                              | OK OKSMED 5 08/15/2026                           | CUSIP: 67884XCA3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100913.05    | 0.15%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON COUNTY COMMUNITY DEVELOPMENT AGENCY (MN)                                | MN WCHDEV 02/01/2046                             | CUSIP: 93778DAE6<br>LEI: 5493005S0NC4J4L8DM18 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502436.64    | 0.75%             | 2046-02-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST STUDENT LN AUTH                                                    | RI RISSTD 5 12/01/2028                           | CUSIP: 762323BX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $280299.08    | 0.42%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                                          | CO COSMED 5 08/01/2026                           | CUSIP: 19648FKC7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201901.84    | 0.30%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH                                                | PA PASDEV 08/01/2037                             | CUSIP: 708692BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501391.03    | 0.75%             | 2037-08-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                            | GA MAIUTL 5 12/01/2027                           | CUSIP: 56035DJP8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    125000 | PA      | $129625.55    | 0.19%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                                     | AL BBEUTL 5 12/01/2028                           | CUSIP: 09182TGP6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    400000 | PA      | $420592.99    | 0.63%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSING OPTIONS INC TEX                                                            | TX HSPMFH 02/01/2045                             | CUSIP: 44183TAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105808.10    | 0.16%             | 2045-02-01      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL BRD ED                                                                 | IL CHIEDU 5 12/01/2027                           | CUSIP: 167505UC8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103819.75    | 0.15%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL O HARE INTL ARPT                                                       | IL CHITRN 5 01/01/2027                           | CUSIP: 1675937F3<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    540000 | PA      | $550104.07    | 0.82%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BREMERTON WASH                                                                     | WA BRE 3.75 12/01/2026                           | CUSIP: 107025QR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $119826.79    | 0.18%             | 2026-12-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBURG HOSP AUTH N C                                                | NC CHAMED 01/15/2048                             | CUSIP: 160853VT1<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101304.42    | 0.15%             | 2048-01-15      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| BRAZOS TEX HIGHER ED AUTH INC                                                      | TX BRASTD 5 04/01/2027                           | CUSIP: 10623ACT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511454.73    | 0.76%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                                                  | MI MISFIN 5 11/15/2027                           | CUSIP: 59447TMC4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    150000 | PA      | $152796.39    | 0.23%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MINN                                                                   | MN MINMED 11/15/2052                             | CUSIP: 60374VEW9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    215000 | PA      | $228891.34    | 0.34%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| EAGLE MTN & SAGINAW TEX INDPT SCH DIST                                             | TX EAMSCD 08/01/2050                             | CUSIP: 269696SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $117904.81    | 0.18%             | 2050-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                                  | IL ILSGEN 05/15/2050                             | CUSIP: 45204FEH4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    435000 | PA      | $436883.41    | 0.65%             | 2050-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                                  | IL ILSGEN 4.5 05/01/2028                         | CUSIP: 45204ER42<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    765000 | PA      | $765347.56    | 1.14%             | 2028-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                                | IN INSGEN 05/01/2028                             | CUSIP: 45505RBN4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.74%             | 2028-05-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| REGENTS OF THE UNIVERSITY OF COLORADO (CO)                                         | CO UCOHGR 06/01/2051                             | CUSIP: 91417NDA0<br>LEI: 549300V9VTO8HF8HW723 | Long             | DBT              | MUN               | US        |    540000 | PA      | $537562.93    | 0.80%             | 2051-06-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| LA PAZ CNTY ARIZ INDL DEV AUTH                                                     | AZ LAPDEV 5 02/15/2028                           | CUSIP: 50376FAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $149042.79    | 0.22%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH                                            | NJ NJSHGR 5 12/01/2027                           | CUSIP: 646080XC0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    275000 | PA      | $285788.01    | 0.43%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DICKSON TENN HEALTH EDL & HSG FAC BRD                                              | TN DICMFH 04/01/2028                             | CUSIP: 253514AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $139936.25    | 0.21%             | 2028-04-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| LOWER ALA GAS DIST ALA                                                             | AL LWRUTL 5 09/01/2027                           | CUSIP: 547804AA2<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |    400000 | PA      | $412769.84    | 0.61%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT WTR & PWR                                                   | CA LOSUTL 4 07/01/2026                           | CUSIP: 544532CQ5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    475000 | PA      | $477038.26    | 0.71%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FIN AUTH                                                                  | MI MISFIN 5 12/01/2037                           | CUSIP: 59447TQS5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    875000 | PA      | $903832.17    | 1.35%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                                  | IL ILSGEN 5 07/01/2028                           | CUSIP: 45204FKD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    285000 | PA      | $296870.60    | 0.44%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                                        | CA CASDEV 08/01/2055                             | CUSIP: 13034AD23<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991850.51    | 1.48%             | 2055-08-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N J                                                   | NJ TOBGEN 5 06/01/2027                           | CUSIP: 888808HC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103084.88    | 0.15%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS GA MED CTR HOSP AUTH                                                      | GA COLMED 07/01/2054                             | CUSIP: 199124BQ0<br>LEI: 254900D1I6W7J0DSAY11 | Long             | DBT              | MUN               | US        |    155000 | PA      | $155302.98    | 0.23%             | 2054-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                                  | DC DISREV 5 07/01/2028                           | CUSIP: 25483VVL5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    175000 | PA      | $182441.04    | 0.27%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND CNTY MICH BLDG AUTH                                                        | MI OAKFAC 3 11/01/2027                           | CUSIP: 672423VZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100040.60    | 0.15%             | 2027-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF DEPT ARPTS                                                       | CA LOSAPT 5 05/15/2032                           | CUSIP: 544445FU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $297011.30    | 0.44%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SACRAMENTO (CA), COUNTY OF                                                         | CA SACAPT 5 07/01/2031                           | CUSIP: 786107RQ7<br>LEI: 549300OXI5MD45L13R20 | Long             | DBT              | MUN               | US        |    395000 | PA      | $415073.39    | 0.62%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA MUN FIN AUTH                                                            | CA CASPOL 12/01/2044                             | CUSIP: 13048RAF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200743.73    | 0.30%             | 2044-12-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                                        | IL ILS 5 06/01/2026                              | CUSIP: 452152D32<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    215000 | PA      | $216295.49    | 0.32%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX                                                            | TX LWCGEN 5 05/15/2026                           | CUSIP: 54811BXZ9<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150796.51    | 0.22%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VANCOUVER WASH HSG AUTH                                                            | WA VANMFH 5 08/01/2029                           | CUSIP: 92162PAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $844840.64    | 1.26%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                            | NY NYSHSG 11/01/2062                             | CUSIP: 64987JD99<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175084.88    | 0.26%             | 2062-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH HSG AUTH                                                            | WA KINHSG 5 01/01/2028                           | CUSIP: 494759SJ3<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    150000 | PA      | $156628.92    | 0.23%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-23

**Name of Applicant:** PGIM ETF Trust

**Signature:** Christian J. Kelly

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

**Title:** Chief Financial Officer