# EDGAR Filing Document

**Accession Number:** 0001534881
**File Stem:** 0002071691-26-012310
**Filing Date:** 2026-5
**Character Count:** 474200
**Document Hash:** 6972b0a8f47f0077b394cc65074c9088
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-012310.hdr.sgml**: 20260527

**ACCESSION NUMBER**: 0002071691-26-012310

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260331

**FILED AS OF DATE**: 20260527

**DATE AS OF CHANGE**: 20260527

**PERIOD START**: 20260331

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Aspiriant Trust
- **CENTRAL INDEX KEY:** 0001534881

**ORGANIZATION NAME:**
- **EIN:** 205458457
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22648
- **FILM NUMBER:** 261026940

**BUSINESS ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BOULEVARD SUITE 600
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025
- **BUSINESS PHONE:** (310) 806-4000

**MAIL ADDRESS:**
- **STREET 1:** 11100 SANTA MONICA BOULEVARD SUITE 600
- **CITY:** LOS ANGELES
- **STATE:** CA
- **ZIP:** 90025

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Aspiriant Global Equity Trust
- **DATE OF NAME CHANGE:** 20111214

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Advanced Global Equity Trust
- **DATE OF NAME CHANGE:** 20111213

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Advanced Capital Intelligence LLC
- **DATE OF NAME CHANGE:** 20111115

## Series and Classes Contracts Data

### Aspiriant Risk-Managed Municipal Bond Fund (Series ID: S000049584)

| Class ID   | Class Name                                 | Ticker Symbol   |
|:---|:---|:---|
| C000156767 | Aspiriant Risk-Managed Municipal Bond Fund | RMMBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-22648

- **c. CIK number of Registrant:** 0001534881

- **d. LEI of Registrant:** 549300G6IDUM5FT86W78

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

  - **Street Address 1:** 11100 Santa Monica Boulevard

  - **City:** Los Angeles

  - **State:** CA

  - **Foreign country:** US

  - **Zip / Postal Code:** 90025

  - **Telephone number:** 310-806-4000

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

- **a. Name of Series:** Aspiriant Risk-Managed Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000049584

- **c. LEI of Series:** 549300GNL6LF12YYHL49

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

- **a. Date of fiscal year-end:** 2026-03-31

- **b. Date as of which information is reported:** 2026-03-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1280266154.89

**Total Liabilities:** $6024098.64

**Net Assets:** $1274242056.25

**Cash Not Reported:** $1000000.85

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 12938.11340500 | **1-Year:** 55348.16605800 | **5-Year:** 172486.99493400 | **10-Year:** 297084.93285100 | **30-Year:** 135937.38874100

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

- **3-Month:** 244.87762300 | **1-Year:** 1143.09279600 | **5-Year:** 3815.10535200 | **10-Year:** 11542.20298300 | **30-Year:** 5788.47760700

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000156767 | 0.65%                | 1.18%                | -1.53%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $108818.41               | $3868851.58                                |
| Month 2  | $383567.53               | $12040876.35                               |
| Month 3  | $15056.65                | $-23863681.96                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| Matching Fund Special Purpose Securitization Corp.                                    | Matching Fund Special Purpose Securitization Corp.                                            | CUSIP: 57665NAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | VI        |   1000000 | PA      | $1017558.10   | 0.08%             | 2039-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority                                                         | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1846202.00   | 0.14%             | 2046-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2021A                                                      | CUSIP: 45204FJL0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    600000 | PA      | $586574.76    | 0.05%             | 2037-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York & New Jersey                                                       | CUSIP: 73358W5T7<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1311709.20   | 0.10%             | 2050-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Maryland Economic Development Corp.                                                   | Maryland Economic Development Corp.                                                           | CUSIP: 57420NCV1<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001316.80   | 0.08%             | 2049-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74442EEX4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $465262.45    | 0.04%             | 2039-06-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Series 2024                                                | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3070768.75   | 0.24%             | 2047-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Texas Public Finance Authority                                                        | Texas Public Finance Authority                                                                | CUSIP: 882669BM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4014502.00   | 0.32%             | 2037-02-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Puerto Rico Electric Power Authority                                                  | Puerto Rico Electric Power Authority, Series 2013A                                            | CUSIP: 74526YDG7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $1330000.00   | 0.10%             | 2042-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204EEJ3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1918345.66   | 0.15%             | 2046-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Uhland TX                                                                     | City of Uhland                                                                                | CUSIP: 90352SAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $929530.66    | 0.07%             | 2055-09-01      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| City of Mesa Eastmark Community Facilities District No. 1                             | City of Mesa Eastmark Community Facilities District No 1                                      | CUSIP: 277484BS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    696000 | PA      | $691259.27    | 0.05%             | 2039-07-01      | Fixed         | 5.20%                 | Yes           | 2                  | On Loan: No      |
| Regional Transportation District Sales Tax Revenue                                    | Regional Transportation District Sales Tax Revenue                                            | CUSIP: 759136TH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4033480.00   | 0.32%             | 2041-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority, Series 2025 A1                          | CUSIP: 19645UTS3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1489386.06   | 0.12%             | 2059-02-01      | Fixed         | 6.88%                 | Yes           | 2                  | On Loan: No      |
| Fort Bend County Municipal Utility District No. 161                                   | Fort Bend County Municipal Utility District No. 161, Series 2017                              | CUSIP: 34683GBS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $346562.75    | 0.03%             | 2034-09-01      | Fixed         | 3.50%                 | No            | 2                  | On Loan: No      |
| Yakima County School District No. 208 West Valley                                     | Yakima County School District No. 208 West Valley, Series 2019                                | CUSIP: 984487PV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $155215.92    | 0.01%             | 2034-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New Orleans Aviation Board                                                            | New Orleans Aviation Board                                                                    | CUSIP: 64763HHK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499993.40   | 0.12%             | 2048-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                     | CUSIP: 45505VAD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973835.50    | 0.08%             | 2030-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2024 A                                                  | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060179.90   | 0.08%             | 2054-05-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Maricopa County Pollution Control Corp.                                               | Maricopa County Pollution Control Corp., Series 2010 B                                        | CUSIP: 566854EL5<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | STIV             | MUN               | US        |    625000 | PA      | $618145.13    | 0.05%             | 2043-06-01      | Variable      | 0.88%                 | No            | 2                  | On Loan: No      |
| City of Somerville MA                                                                 | City of Somerville, Series 2020                                                               | CUSIP: 8352405B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $501635.08    | 0.04%             | 2039-10-15      | Fixed         | 2.12%                 | No            | 2                  | On Loan: No      |
| County of Broward FL Airport System Revenue                                           | County of Broward, Series 2019 A                                                              | CUSIP: 114894YL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1237627.98   | 0.10%             | 2035-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Phoenix Civic Improvement Corp.                                               | City of Phoenix Civic Improvement Corp., Series 2017 D                                        | CUSIP: 71883MMX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992505.40    | 0.08%             | 2040-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Delaware State Economic Development Authority                                         | Delaware State Economic Development Authority, Series 2020 B                                  | CUSIP: 246387SZ8<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1435000 | PA      | $1413025.13   | 0.11%             | 2040-10-01      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                            | Great Lakes Water Authority Sewage Disposal System Revenue                                    | CUSIP: 39081HAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004441.40   | 0.08%             | 2035-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Clark NV                                                                    | County of Clark                                                                               | CUSIP: 181008BD4<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |    500000 | PA      | $454378.70    | 0.04%             | 2031-06-01      | Fixed         | 2.10%                 | No            | 2                  | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2025                               | CUSIP: 837031J53<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250362.38    | 0.02%             | 2046-04-01      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority, Series A                                            | CUSIP: 592250BK9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983091.80    | 0.08%             | 2053-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Series 2025A                                            | CUSIP: 19648FE42<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035008.90   | 0.08%             | 2055-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204EZA9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504557.60    | 0.04%             | 2034-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| UAB Medicine Finance Authority                                                        | UAB Medicine Finance Authority                                                                | CUSIP: 902562CZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2021570.36   | 0.16%             | 2033-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                    | CUSIP: 59447TMN0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005910.90   | 0.08%             | 2041-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204EY51<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1696180.40   | 0.13%             | 2038-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Turtle Run Community Development District                                             | Turtle Run Community Development District                                                     | CUSIP: 900574BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $136709.01    | 0.01%             | 2037-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2018 A                                     | CUSIP: 544445ET2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013147.00   | 0.08%             | 2048-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Lansing Board of Water & Light                                                        | Lansing Board of Water & Light, Series 2024 A                                                 | CUSIP: 516391FN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $413771.68    | 0.03%             | 2054-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2020                                        | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2536541.25   | 0.20%             | 2040-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp.                                          | CUSIP: 64542YAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $378647.44    | 0.03%             | 2038-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Harris TX Toll Road Revenue                                                 | County of Harris                                                                              | CUSIP: 41423PAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1131089.78   | 0.09%             | 2043-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                               | CUSIP: 167486M30<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1883365.46   | 0.15%             | 2034-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Jacksonville Port Authority                                                           | Jacksonville Port Authority                                                                   | CUSIP: 469466FG6<br>LEI: 5493009FOQEHVCVH7742 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048092.60   | 0.16%             | 2044-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                 | CUSIP: 57563RPF0<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    185000 | PA      | $163649.59    | 0.01%             | 2046-07-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Jacksonville Public Educational Building Authority                                    | Jacksonville Public Educational Building Authority                                            | CUSIP: 469480AP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2403844.13   | 0.19%             | 2044-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority                                               | CUSIP: 49126PFA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100595.65   | 0.09%             | 2040-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Invesco Quality Municipal Income Trust                                                | Invesco Quality Municipal Income Trust                                                        | CUSIP: 46133G107<br>LEI: WLEGDSEH0E242WVNUY02 | Long             |  | RF                | US        |      8886 | NS      | $85483.32     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Washington State Convention Center Public Facilities District                         | Washington State Convention Center Public Facilities District                                 | CUSIP: 93976ADU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $979711.23    | 0.08%             | 2043-07-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| City of Revere MA                                                                     | City of Revere, Series 2022                                                                   | CUSIP: 761440X76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $462847.70    | 0.04%             | 2047-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 B                                             | CUSIP: 64990AWW1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    650000 | PA      | $670308.60    | 0.05%             | 2051-03-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp., Series 2025A                                          | CUSIP: 187145VP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263283.05    | 0.02%             | 2045-02-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                             | Florida Higher Educational Facilities Financing Authority                                     | CUSIP: 34073TKV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $489800.95    | 0.04%             | 2033-06-01      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| County of Miami-Dade FL                                                               | County of Miami-Dade                                                                          | CUSIP: 59333FVE7<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |    650000 | PA      | $650628.10    | 0.05%             | 2042-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Washington Convention & Sports Authority                                              | Washington Convention & Sports Authority                                                      | CUSIP: 93878LCW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $887616.45    | 0.07%             | 2036-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2021 C-2                                               | CUSIP: 09182TAN7<br>LEI: 549300I8V0Z68JQCB679 | Long             | STIV             | MUN               | US        |    500000 | PA      | $499185.80    | 0.04%             | 2052-10-01      | Floating      | 2.77%                 | No            | 2                  | On Loan: No      |
| County of Allegheny PA                                                                | County of Allegheny, Series C-76                                                              | CUSIP: 01728VTH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005604.10   | 0.08%             | 2041-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Nevada Department of Business & Industry                                     | State of Nevada Department of Business & Industry                                             | CUSIP: 25490LAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $595095.85    | 0.05%             | 2035-12-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2024                               | CUSIP: 83704HAL1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    250000 | PA      | $256372.55    | 0.02%             | 2044-11-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Fort Bend Independent School District                                                 | Fort Bend Independent School District, Series 2024B                                           | CUSIP: 346843VT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1269282.13   | 0.10%             | 2054-08-01      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2023E SUB E1                                            | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2117932.00   | 0.17%             | 2053-12-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Grand River Hospital District                                                         | Grand River Hospital District, Series 2026                                                    | CUSIP: 386448EX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $889920.17    | 0.07%             | 2044-12-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                        | CUSIP: 13048DBH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    905000 | PA      | $905150.14    | 0.07%             | 2035-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Minneapolis MN                                                                | City of Minneapolis                                                                           | CUSIP: 60375CAV6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |     70000 | PA      | $67851.69     | 0.01%             | 2037-12-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| New Orleans Aviation Board                                                            | New Orleans Aviation Board, Series 2024B                                                      | CUSIP: 64763HNV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1341045.58   | 0.11%             | 2044-01-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2024 B                                | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510802.50    | 0.04%             | 2055-01-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                  | CUSIP: 39160CAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029221.80   | 0.08%             | 2052-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Sangamon Logan & Menard Counties Community Unit School Dist No. 15 Williamsville      | Sangamon Logan & Menard Counties Community Unit School Dist No. 15 Williamsville              | CUSIP: 800783FR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $735883.05    | 0.06%             | 2039-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority, Series 2020 B                      | CUSIP: 5742187N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $852492.20    | 0.07%             | 2050-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| State of Hawaii Airports System Revenue                                               | State of Hawaii Airports System, Series 2025A                                                 | CUSIP: 419794J37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028654.10   | 0.08%             | 2051-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Lakeside Community Development District                                               | Lakeside Community Development District                                                       | CUSIP: 51214RAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1671367.90   | 0.13%             | 2035-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Grand Prairie Water Commission                                                        | Grand Prairie Water Commission, Series 2025                                                   | CUSIP: 386173AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $937333.53    | 0.07%             | 2050-01-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                          | CUSIP: 19645UBG8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    460000 | PA      | $461029.25    | 0.04%             | 2039-10-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCK4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7135 | PA      | $43.21        | 0.00%             | 2056-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Lee County Industrial Development Authority/FL                                        | Lee County Industrial Development Authority                                                   | CUSIP: 52349EDX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968892.90    | 0.08%             | 2049-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Omaha Public Power District                                                           | Omaha Public Power District                                                                   | CUSIP: 682001HQ8<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033146.90   | 0.08%             | 2052-02-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Palomar Health                                                                        | Palomar Health                                                                                | CUSIP: 69753RCW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3873339.00   | 0.30%             | 2032-08-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| iShares National Muni Bond ETF                                                        | iShares National Muni Bond ETF                                                                | CUSIP: 464288414<br>LEI: 549300H21FUYFQW9N157 | Long             |  | RF                | US        |    837022 | NS      | $88849885.30  | 6.97%             |  |  |  | No            | 1                  | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority, Series 2015A                                           | CUSIP: 452252KS7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    375000 | PA      | $374972.06    | 0.03%             | 2040-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd      | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd, Series 2023 | CUSIP: 592029CM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019285.80   | 0.08%             | 2053-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Grant County Public Hospital District No. 2                                           | Grant County Public Hospital District No. 2                                                   | CUSIP: 387816DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1354579.70   | 0.11%             | 2038-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Series 2024A                                               | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | STIV             | MUN               | US        |   1750000 | PA      | $1759052.75   | 0.14%             | 2054-10-01      | Variable      | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Medford Hospital Facilities Authority                                                 | Medford Hospital Facilities Authority                                                         | CUSIP: 584283GY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961713.10    | 0.08%             | 2039-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Lee County Industrial Development Authority/FL                                        | Lee County Industrial Development Authority                                                   | CUSIP: 52349EDW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018169.40   | 0.16%             | 2044-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Miami-Dade County Industrial Development Authority                                    | Miami-Dade County Industrial Development Authority                                            | CUSIP: 59333ECQ4<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |    525000 | PA      | $525224.33    | 0.04%             | 2034-09-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Orlando                                                                       | City of Orlando                                                                               | CUSIP: 686499BY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $462389.09    | 0.04%             | 2033-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Invesco Municipal Income Opportunities Trust                                          | Invesco Municipal Income Opportunities Trust                                                  | CUSIP: 46132X101<br>LEI: DJSR2NJ3985722G80Y20 | Long             |  | RF                | US        |     14818 | NS      | $90982.52     | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Trinity River Authority Denton Creek Wastewater Treatment System Revenue              | Trinity River Authority Denton Creek Wastewater Treatment System, Series 2024                 | CUSIP: 896564ZM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947969.20    | 0.07%             | 2044-02-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Wonder Lake Village Special Service Area No. 1                                        | Wonder Lake Village Special Service Area No. 1                                                | CUSIP: 978168AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $559980.12    | 0.04%             | 2034-03-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago, Series 2024A                                                                 | CUSIP: 167486T33<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985017.20    | 0.08%             | 2045-01-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| West Virginia Parkways Authority                                                      | West Virginia Parkways Authority                                                              | CUSIP: 956510AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033854.40   | 0.08%             | 2037-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston, Series 2024B                                                                 | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042695.90   | 0.08%             | 2038-07-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2023 B-2                              | CUSIP: 13013JCC8<br>LEI: 549300X8VKJ215S2R571 | Long             | STIV             | MUN               | US        |    750000 | PA      | $758803.13    | 0.06%             | 2053-07-01      | Floating      | 4.08%                 | No            | 2                  | On Loan: No      |
| County of Bay FL                                                                      | County of Bay                                                                                 | CUSIP: 072222AH5<br>LEI: 549300B3J43WKYUSHO26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $499973.05    | 0.04%             | 2043-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Inland Empire Tobacco Securitization Corp.                                            | Inland Empire Tobacco Securitization Corp., Series 2007C-1                                    | CUSIP: 45734TAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $977677.60    | 0.08%             | 2036-06-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Idaho Housing & Finance Association                                                   | Idaho Housing & Finance Association                                                           | CUSIP: 45129GDG7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    565000 | PA      | $565057.35    | 0.04%             | 2054-07-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                                   | County of Cook                                                                                | CUSIP: 213248CL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052141.30   | 0.08%             | 2038-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                        | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504091.65    | 0.04%             | 2052-09-01      | Fixed         | 5.45%                 | No            | 2                  | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                | Maine Health & Higher Educational Facilities Authority, Series 2017 A                         | CUSIP: 56042SAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $51378.02     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCL2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7085 | PA      | $42.78        | 0.00%             | 2057-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2024C                               | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064568.50   | 0.08%             | 2055-10-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                          | CUSIP: 19645RWV9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |     95000 | PA      | $95231.69     | 0.01%             | 2034-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri                            | CUSIP: 60637AMV1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021015.00   | 0.08%             | 2043-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fort Bend County Municipal Utility District No. 118                                   | Fort Bend County Municipal Utility District No. 118, Series 2015                              | CUSIP: 346816KP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973120.30    | 0.08%             | 2033-09-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue             | Wisconsin Housing & Economic Development Authority Home Ownership, Series 2024 A              | CUSIP: 97689QTS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994394.30    | 0.08%             | 2044-09-01      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| County of Orange NY                                                                   | County of Orange, Series 2017A                                                                | CUSIP: 6845755P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $725198.25    | 0.06%             | 2029-06-15      | Fixed         | 2.38%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2025                                        | CUSIP: 650116JB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $540582.65    | 0.04%             | 2039-06-30      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                                | Triborough Bridge & Tunnel Authority Sales Tax, Series 2024ASUB A-1                           | CUSIP: 896035DE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021480.00   | 0.08%             | 2054-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City, Series 2023A                                                          | CUSIP: 795576MB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1163257.31   | 0.09%             | 2048-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| City of Austin TX Airport System Revenue                                              | City of Austin, Series 2025                                                                   | CUSIP: 052398JS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520930.70    | 0.04%             | 2044-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                     | CUSIP: 645912DR4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    280000 | PA      | $280281.37    | 0.02%             | 2034-10-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Delaware State Housing Authority                                                      | Delaware State Housing Authority, Series 2024 C                                               | CUSIP: 246395F77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $1035021.17   | 0.08%             | 2055-01-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Municipal Electric Authority of Georgia                                               | Municipal Electric Authority of Georgia                                                       | CUSIP: 62620HAX0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    200000 | PA      | $199638.82    | 0.02%             | 2056-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| North Texas Tollway Authority                                                         | North Texas Tollway Authority, Series 2025A                                                   | CUSIP: 66285WU79<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1202853.35   | 0.09%             | 2039-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Williamsport Area School District                                                     | Williamsport Area School District                                                             | CUSIP: 970174SM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500101.15    | 0.04%             | 2035-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority, Series 2019                                           | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1360150.50   | 0.11%             | 2049-07-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                                | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2021090.20   | 0.16%             | 2051-06-01      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                                | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515095.85   | 0.12%             | 2051-12-01      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204EYZ5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    670000 | PA      | $676780.07    | 0.05%             | 2033-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 744396AG7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165097.65    | 0.01%             | 2042-07-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2025                                        | CUSIP: 650116JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1625292.32   | 0.13%             | 2045-06-30      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Series 2017 MI                                                    | CUSIP: 59447TV75<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503455.20    | 0.04%             | 2046-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74442EKW9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $490017.30    | 0.04%             | 2048-06-15      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| City of Baltimore MD                                                                  | City of Baltimore                                                                             | CUSIP: 05922KZP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2525750.50   | 0.20%             | 2036-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Central Plains Energy Project                                                         | Central Plains Energy Project, Series 2025 SUB A1                                             | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059044.70   | 0.08%             | 2055-08-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Windward at Lakewood Ranch Community Development District                             | Windward at Lakewood Ranch Community Development District                                     | CUSIP: 97382EAJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $782269.78    | 0.06%             | 2042-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Texas Transportation Finance Corp.                                                    | Texas Transportation Finance Corp., Series 2025A                                              | CUSIP: 88283PAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2226924.60   | 0.17%             | 2050-10-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Westpark Community Facilities District                                                | Westpark Community Facilities District                                                        | CUSIP: 96122EAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $787751.19    | 0.06%             | 2032-07-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority                                                   | CUSIP: 93978HWH4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $515640.35    | 0.04%             | 2038-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, Series 2024                                            | CUSIP: 546399TA4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2359139.00   | 0.19%             | 2066-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Hannibal Industrial Development Authority                                             | Hannibal Industrial Development Authority                                                     | CUSIP: 410632CP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $406291.72    | 0.03%             | 2047-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                              | County of Miami-Dade, Series 2024 A                                                           | CUSIP: 59333P7N2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3278886.00   | 0.26%             | 2036-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Austin TX Airport System Revenue                                              | City of Austin, Series 2022                                                                   | CUSIP: 052398HG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $950633.08    | 0.07%             | 2031-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2022 A                                                       | CUSIP: 74447DAD9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944182.50    | 0.07%             | 2062-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Birmingham-Jefferson Civic Center Authority                                           | Birmingham-Jefferson Civic Center Authority, Series 2018 A                                    | CUSIP: 091156MR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $377905.76    | 0.03%             | 2048-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7034 | PA      | $43.91        | 0.00%             | 2048-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Pittsburg Public Financing Authority                                                  | Pittsburg Public Financing Authority                                                          | CUSIP: 72456PBQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969227.20    | 0.08%             | 2047-08-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| City of Horace ND                                                                     | City of Horace, Series 2024 C                                                                 | CUSIP: 440365JP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $972653.80    | 0.08%             | 2050-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority                                                           | CUSIP: 13058TLY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $650039.07    | 0.05%             | 2036-08-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| State of Washington                                                                   | State of Washington                                                                           | CUSIP: 939720S41<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1537771.65   | 0.12%             | 2044-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024A                                              | CUSIP: 64990KFX6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1563586.50   | 0.12%             | 2052-03-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Series 2023A                                              | CUSIP: 01728LHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1565959.50   | 0.12%             | 2048-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Massachusetts                                                         | Commonwealth of Massachusetts, Series 2024A                                                   | CUSIP: 57582R5R3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026626.60   | 0.08%             | 2054-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Shreveport LA Water & Sewer Revenue                                           | City of Shreveport, Series 2025                                                               | CUSIP: 825485YD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1122477.60   | 0.09%             | 2035-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                          | CUSIP: 19648FDH4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513762.50    | 0.04%             | 2036-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Series 2025E                                            | CUSIP: 167591AG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3207337.90   | 0.25%             | 2060-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Denton Independent School District                                                    | Denton Independent School District, Series 2023                                               | CUSIP: 249002MB9<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031917.00   | 0.08%             | 2048-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Energy Southeast A Cooperative District                                               | Energy Southeast A Cooperative District, Series 2024B                                         | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066915.60   | 0.08%             | 2054-07-01      | Variable      | 5.25%                 | No            | 2                  | On Loan: No      |
| Mackay Municipal Opportunities Fund LP                                                | Mackay Municipal Opportunities Fund LP, Class A                                               | CUSIP: N/A<br>LEI: 549300L3TM1Y49HRGT03       | Long             |  | PF                | US        |      4953 | NS      | $105129412.81 | 8.25%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                         | Allentown Neighborhood Improvement Zone Development Authority                                 | CUSIP: 018444BZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $258675.60    | 0.02%             | 2042-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                             | CUSIP: 34061UBE7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    645000 | PA      | $645820.57    | 0.05%             | 2034-07-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Hempstead Town Local Development Corp.                                                | Hempstead Town Local Development Corp.                                                        | CUSIP: 424685AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994226.60    | 0.08%             | 2047-02-01      | Fixed         | 6.24%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Series 2020 A-1                        | CUSIP: 708686EK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $30.01        | 0.00%             | 2040-12-01      | Fixed         | 10.00%                | Yes           | 2                  | On Loan: No      |
| City of Wichita KS                                                                    | City of Wichita, Series 2024 VIII                                                             | CUSIP: 967249RN5<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $960550.20    | 0.08%             | 2050-05-15      | Fixed         | 5.88%                 | No            | 2                  | On Loan: No      |
| Weld County School District No. RE-4                                                  | Weld County School District No. RE-4                                                          | CUSIP: 949232FB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053548.30   | 0.08%             | 2047-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency, Series 39-B                                            | CUSIP: 658207VD4<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    205000 | PA      | $205998.64    | 0.02%             | 2048-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| DWS Municipal Income Trust                                                            | DWS Municipal Income Trust                                                                    | CUSIP: 233368109<br>LEI: TEL2CK71Z3LE1OCHIB43 | Long             |  | RF                | US        |     66923 | NS      | $608999.30    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Intermountain Power Agency                                                            | Intermountain Power Agency, Series 2023 A                                                     | CUSIP: 45884AG31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058188.20   | 0.08%             | 2045-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Columbus Regional Airport Authority                                                   | Columbus Regional Airport Authority, Series 2025 A                                            | CUSIP: 199546CX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535339.40    | 0.04%             | 2041-01-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| San Antonio Water System                                                              | San Antonio Water System                                                                      | CUSIP: 79642GAY8<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019280.20   | 0.08%             | 2043-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport                                                          | CUSIP: 167593X98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025403.10   | 0.08%             | 2053-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Bonterra Community Development District                                               | Bonterra Community Development District                                                       | CUSIP: 098541AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $87991.86     | 0.01%             | 2047-05-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| County of Ward ND                                                                     | County of Ward                                                                                | CUSIP: 934023EW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1668171.80   | 0.13%             | 2053-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Philadelphia Gas Works Co.                                                            | Philadelphia Gas Works Co.                                                                    | CUSIP: 71783MBY0<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1075005.52   | 0.08%             | 2045-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Kansas City Industrial Development Authority                                          | Kansas City Industrial Development Authority, Series 2019 B                                   | CUSIP: 48504NBE8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1968328.00   | 0.15%             | 2054-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Missouri Housing Development Commission                                               | Missouri Housing Development Commission, Series 2024C                                         | CUSIP: 60637GBB4<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1262773.61   | 0.10%             | 2049-11-01      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| Will County Community High School District No. 210 Lincoln-Way                        | Will County Community High School District No. 210 Lincoln-Way                                | CUSIP: 969073MX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $201910.20    | 0.02%             | 2032-01-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                                  | Pennsylvania Higher Educational Facilities Authority, Series AT-1                             | CUSIP: 70917TNW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $633362.07    | 0.05%             | 2035-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                    | CUSIP: 594479GE1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1326649.87   | 0.10%             | 2038-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fairfax County Industrial Development Authority                                       | Fairfax County Industrial Development Authority, Series 2024                                  | CUSIP: 30382VAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031814.10   | 0.08%             | 2051-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Los Angeles Department of Water & Power                                               | Los Angeles Department of Water & Power, Series 2018 D                                        | CUSIP: 5444955V2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    925000 | PA      | $960924.50    | 0.08%             | 2033-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                    | Tennessee Energy Acquisition Corp.                                                            | CUSIP: 880443BT2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3021112.80   | 0.24%             | 2026-09-01      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| BNY Mellon Strategic Municipal Bond Fund, Inc.                                        | BNY Mellon Strategic Municipal Bond Fund, Inc.                                                | CUSIP: 09662E109<br>LEI: 54930044KK4C1VDJ7M52 | Long             |  | RF                | US        |    127431 | NS      | $765860.31    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| River Hall Community Development District                                             | River Hall Community Development District, Series 2024                                        | CUSIP: 768247BC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $869399.01    | 0.07%             | 2055-05-01      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Las Vegas Valley Water District                                                       | Las Vegas Valley Water District, Series 2022A                                                 | CUSIP: 517845NK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1240116.41   | 0.10%             | 2046-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                   | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1060310 | PA      | $1119903.88   | 0.09%             | 2029-07-01      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| State of Illinois Sales Tax Revenue                                                   | State of Illinois Sales Tax                                                                   | CUSIP: 452227MB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1880903.20   | 0.15%             | 2033-06-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston, Series 2023A                                                                 | CUSIP: 442349GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1046106.34   | 0.08%             | 2053-07-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| New York Liberty Development Corp.                                                    | New York Liberty Development Corp.                                                            | CUSIP: 531127AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1137187.10   | 0.09%             | 2035-10-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| County of Miami-Dade FL Transit System                                                | County of Miami-Dade                                                                          | CUSIP: 59334PHU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1325711.55   | 0.10%             | 2049-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Series 2024D                                        | CUSIP: 57584Y7Y9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    745000 | PA      | $754985.53    | 0.06%             | 2054-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Broadway Station Metropolitan District No. 3                                          | Broadway Station Metropolitan District No. 3                                                  | CUSIP: 111571AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $411193.70    | 0.03%             | 2039-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                     | CUSIP: 64578JBA3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    890000 | PA      | $883636.41    | 0.07%             | 2029-07-01      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                          | CUSIP: 19645RPL9<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    390000 | PA      | $390346.98    | 0.03%             | 2030-04-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Austin Community College District                                                     | Austin Community College District, Series 2023                                                | CUSIP: 052403KJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040547.50   | 0.08%             | 2053-08-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                           | CUSIP: 97712JEP4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $896506.90    | 0.07%             | 2046-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Montgomery County Housing Opportunities Commission                                    | Montgomery County Housing Opportunities Commission, Series 2019 C                             | CUSIP: 613353BE0<br>LEI: 549300HDL0LLRHMDL092 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $973777.68    | 0.08%             | 2039-07-01      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| Travis County Municipal Utility District No. 19                                       | Travis County Municipal Utility District No. 19, Series 2025                                  | CUSIP: 89440QEZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $459236.98    | 0.04%             | 2049-09-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCR9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6730 | PA      | $40.06        | 0.00%             | 2062-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                             | Golden State Tobacco Securitization Corp., Series 2021 B-2                                    | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $300647.40    | 0.02%             | 2066-06-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston, Series 2025 A                                                                | CUSIP: 442349JU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1842207.15   | 0.14%             | 2050-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Oklahoma Development Finance Authority                                                | Oklahoma Development Finance Authority                                                        | CUSIP: 67884XCJ4<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1690377.40   | 0.13%             | 2048-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Neuberger Municipal Fund, Inc.                                                        | Neuberger Municipal Fund, Inc.                                                                | CUSIP: 64124P101<br>LEI: 549300IIZWX8QVUHXO20 | Long             |  | RF                | US        |     29711 | NS      | $301566.65    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2024A                                                        | CUSIP: 74448EAA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500697.40    | 0.04%             | 2041-06-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Sierra Vista Industrial Development Authority                                         | Sierra Vista Industrial Development Authority, Series 2025                                    | CUSIP: 82652UBE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $538169.78    | 0.04%             | 2045-06-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Development Authority of Burke County (The)                                           | Development Authority of Burke County (The)                                                   | CUSIP: 121342QC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $443380.70    | 0.03%             | 2032-10-01      | Fixed         | 2.20%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2023                                        | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1554573.60   | 0.12%             | 2054-06-30      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Kentucky Public Energy Authority                                                      | Kentucky Public Energy Authority, Series 2025A                                                | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529313.30    | 0.04%             | 2055-06-01      | Variable      | 5.25%                 | No            | 2                  | On Loan: No      |
| Temecula Public Financing Authority                                                   | Temecula Public Financing Authority                                                           | CUSIP: 87972YFY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103155.09    | 0.01%             | 2032-09-01      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                              | CUSIP: 56681NEM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120925.66    | 0.01%             | 2039-07-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority, Series 2025                                     | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | STIV             | MUN               | US        |    150000 | PA      | $163081.92    | 0.01%             | 2055-01-01      | Variable      | 5.45%                 | Yes           | 2                  | On Loan: No      |
| Central Texas Turnpike System                                                         | Central Texas Turnpike System, Series 2024 A                                                  | CUSIP: 88283KBV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2532799.73   | 0.20%             | 2038-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Cathedral Pines Metropolitan District                                                 | Cathedral Pines Metropolitan District                                                         | CUSIP: 14918CAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2005000 | PA      | $1977917.86   | 0.16%             | 2046-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Corsicana Independent School District                                                 | Corsicana Independent School District, Series 2026                                            | CUSIP: 220435UA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $1002812.85   | 0.08%             | 2043-02-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCQ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6781 | PA      | $40.48        | 0.00%             | 2061-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Series 2022A                                            | CUSIP: 167593Y48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $643269.63    | 0.05%             | 2055-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp.                               | District of Columbia Tobacco Settlement Financing Corp., Series 2006 A                        | CUSIP: 254842BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1151683.00   | 0.09%             | 2046-06-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QDS6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7186 | PA      | $45.30        | 0.00%             | 2046-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| San Diego Public Facilities Financing Authority                                       | San Diego Public Facilities Financing Authority, Series 2023 A                                | CUSIP: 79730CLM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076736.20   | 0.08%             | 2048-08-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                        | CUSIP: 13080SEW0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501916.40   | 0.12%             | 2044-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| South Carolina Public Service Authority                                               | South Carolina Public Service Authority                                                       | CUSIP: 837151U31<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1614240.45   | 0.13%             | 2047-12-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6882 | PA      | $42.59        | 0.00%             | 2050-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Invesco Advantage Municipal Income Trust II                                           | Invesco Advantage Municipal Income Trust II                                                   | CUSIP: 46132E103<br>LEI: DA89O2CSN0WUDR74HM71 | Long             |  | RF                | US        |     21246 | NS      | $183990.36    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation, Series 2019A                             | CUSIP: 592647GP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1204497.60   | 0.09%             | 2049-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Series 2024                                                       | CUSIP: 59447NBD7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $905569.00    | 0.07%             | 2054-02-28      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| Hempstead Town Local Development Corp.                                                | Hempstead Town Local Development Corp.                                                        | CUSIP: 424685AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964024.20    | 0.08%             | 2044-02-01      | Fixed         | 5.66%                 | No            | 2                  | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                             | San Joaquin Valley Clean Energy Authority, Series 2025A                                       | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1634732.10   | 0.13%             | 2056-01-01      | Variable      | 5.50%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QAG5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     83706 | PA      | $492.07       | 0.00%             | 2067-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The)                                                         | CUSIP: 717883XR8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5050.91      | 0.00%             | 2038-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                     | Chicago Transit Authority Sales Tax Receipts Fund                                             | CUSIP: 16772PBU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2507193.50   | 0.20%             | 2046-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 452022BR6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950740.80    | 0.07%             | 2047-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                             | Tulsa Municipal Airport Trust Trustees, Series 2025                                           | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $850701.38    | 0.07%             | 2035-12-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Empire State Development Corp.                                                        | Empire State Development Corp., Series 2023A                                                  | CUSIP: 650036JT4<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2028374.60   | 0.16%             | 2063-03-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2022                                        | CUSIP: 650116FH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074744.20   | 0.08%             | 2033-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2023D                                                   | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101349.00   | 0.16%             | 2054-05-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                          | CUSIP: 19648A4M4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500689.05    | 0.04%             | 2035-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority                                                            | CUSIP: 01728LGH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2529199.50   | 0.20%             | 2056-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Municipal Electric Authority of Georgia                                               | Municipal Electric Authority of Georgia, Series 2019A                                         | CUSIP: 626207Z72<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988104.00    | 0.08%             | 2063-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Albany Capital Resource Corp.                                                         | Albany Capital Resource Corp., Series 2025A                                                   | CUSIP: 012432ET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523506.90    | 0.04%             | 2050-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Century Gardens at Tamiami Community Development District                             | Century Gardens at Tamiami Community Development District                                     | CUSIP: 15652CAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $92658.46     | 0.01%             | 2037-05-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| County of Baltimore MD                                                                | County of Baltimore, Series 78TH ISSUE                                                        | CUSIP: 05914FYZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001465.50   | 0.08%             | 2046-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Geisinger Authority                                                                   | Geisinger Authority, Series 2020A                                                             | CUSIP: 368497JT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974365.90    | 0.08%             | 2039-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                        | Metropolitan Nashville Airport Authority (The), Series 2026 B                                 | CUSIP: 592190SV5<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1266743.91   | 0.10%             | 2051-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                     | Chicago Transit Authority Sales Tax Receipts Fund, Series 2026A                               | CUSIP: 16772PFC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047944.90   | 0.08%             | 2056-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| County of Broward FL Airport System Revenue                                           | County of Broward FL Airport System Revenue                                                   | CUSIP: 114894WX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000927.20   | 0.08%             | 2036-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured, Series FISCAL 2026 B         | CUSIP: 64972JXQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2573857.09   | 0.20%             | 2048-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Celebrate North Community Development Authority                                       | Celebrate North Community Development Authority                                               | CUSIP: 15101JAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $443300.00    | 0.03%             | 2018-03-01      | Fixed         | 4.69%                 | No            | 2                  | On Loan: No      |
| Southern California Public Power Authority                                            | Southern California Public Power Authority                                                    | CUSIP: 842471AY0<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1463818.45   | 0.11%             | 2033-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                        | CUSIP: 13048DCW6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50004.61     | 0.00%             | 2039-10-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                         | CUSIP: 70870JFM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $868954.90    | 0.07%             | 2048-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Johnson County Unified School District No. 512 Shawnee Mission                        | Johnson County Unified School District No. 512 Shawnee Mission                                | CUSIP: 478740XC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980756.50    | 0.08%             | 2043-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Commonwealth Financing Authority                                                      | Commonwealth Financing Authority                                                              | CUSIP: 20282EAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1887431.24   | 0.15%             | 2034-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Washington Suburban Sanitary Commission                                               | Washington Suburban Sanitary Commission                                                       | CUSIP: 940158DQ8<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $941904.20    | 0.07%             | 2049-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| City of Bryan TX                                                                      | City of Bryan                                                                                 | CUSIP: 117566CP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1670000 | PA      | $1213349.36   | 0.10%             | 2043-08-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Uptown Development Authority                                                          | Uptown Development Authority                                                                  | CUSIP: 916856GM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1202086.56   | 0.09%             | 2036-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| San Diego Unified School District                                                     | San Diego Unified School District, Series R-2                                                 | CUSIP: 797355Q56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $650461.31    | 0.05%             | 2041-07-01      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| Northwest Independent School District                                                 | Northwest Independent School District, Series 2018                                            | CUSIP: 6678255Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1893343.00   | 0.15%             | 2043-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Nassau County Local Economic Assistance Corp.                                         | Nassau County Local Economic Assistance Corp.                                                 | CUSIP: 63166LCZ2<br>LEI: 549300FCI13UFG0Y6Y37 | Long             | DBT              | MUN               | US        |    650000 | PA      | $651696.50    | 0.05%             | 2034-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Mississippi Home Corp.                                                                | Mississippi Home Corp., Series 2026A                                                          | CUSIP: 60535Q4D9<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |    825000 | PA      | $871073.03    | 0.07%             | 2050-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Kansas City Industrial Development Authority                                          | Kansas City Industrial Development Authority                                                  | CUSIP: 48504NAZ2<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1008912.94   | 0.08%             | 2037-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Oklahoma Water Resources Board                                                        | Oklahoma Water Resources Board, Series 2025 C                                                 | CUSIP: 67920Q7Z5<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053465.40   | 0.08%             | 2046-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue          | Pennsylvania Economic Development Financing Authority Parking System, Series 2024 A           | CUSIP: 70870EEQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $528098.85    | 0.04%             | 2040-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority, Series 2025 A                                    | CUSIP: 93978HF75<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044479.70   | 0.08%             | 2055-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2025                                               | CUSIP: 64985SMS9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1111221.10   | 0.09%             | 2050-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| North Texas Tollway Authority                                                         | North Texas Tollway Authority                                                                 | CUSIP: 66285WJ64<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250944.28    | 0.02%             | 2039-01-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Sales Tax Securitization Corp.                                                        | Sales Tax Securitization Corp.                                                                | CUSIP: 79467BCY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $489473.10    | 0.04%             | 2038-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                             | Harris County Cultural Education Facilities Finance Corp., Series 2020 A                      | CUSIP: 414009TH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078528.00   | 0.08%             | 2050-05-15      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Series 2024 AA                                | CUSIP: 64613CEV6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $2040731.30   | 0.16%             | 2041-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                     | CUSIP: 64577BTK0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    880000 | PA      | $896030.34    | 0.07%             | 2036-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston, Series 2025B                                                                 | CUSIP: 442349KF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $579572.96    | 0.05%             | 2034-07-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                     | CUSIP: 64578JBH8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506766.65    | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission                                                              | CUSIP: 709224ZD4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010506.20   | 0.08%             | 2047-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Carmel IN Waterworks Revenue                                                  | City of Carmel, Series 2024 C                                                                 | CUSIP: 143321LP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $337527.91    | 0.03%             | 2047-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Tarrant County College District                                                       | Tarrant County College District, Series 2020                                                  | CUSIP: 87638KCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $823605.30    | 0.06%             | 2036-08-15      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri                            | CUSIP: 60637AMK5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    350000 | PA      | $312305.18    | 0.02%             | 2049-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority                                               | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2229183.86   | 0.17%             | 2053-07-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Sacramento Area Flood Control Agency                                                  | Sacramento Area Flood Control Agency                                                          | CUSIP: 785840JP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $756262.73    | 0.06%             | 2041-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, Series 2025 B                                                 | CUSIP: 54811GS35<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089911.70   | 0.09%             | 2045-05-15      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Series 2025A                                            | CUSIP: 19648FE34<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2876808.21   | 0.23%             | 2050-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge & Tunnel Authority, Series 2023 C                                           | CUSIP: 89602HGK7<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068379.90   | 0.08%             | 2043-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Central Valley Energy Authority                                                       | Central Valley Energy Authority, Series 2025                                                  | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2288411.23   | 0.18%             | 2055-12-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCS7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6629 | PA      | $39.36        | 0.00%             | 2063-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2019 A                                                  | CUSIP: 56035DBV3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007653.50   | 0.08%             | 2043-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Aerotropolis Regional Transportation Authority                                        | Aerotropolis Regional Transportation Authority, Series 2019                                   | CUSIP: 008051AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $880601.70    | 0.07%             | 2051-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                           | Connecticut State Health & Educational Facilities Authority                                   | CUSIP: 20775DPN6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1385419.20   | 0.11%             | 2042-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCT5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6579 | PA      | $38.96        | 0.00%             | 2064-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Redtail Ridge Metropolitan District                                                   | Redtail Ridge Metropolitan District, Series 2025                                              | CUSIP: 75773CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $954628.95    | 0.07%             | 2032-12-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74443CAF0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000137.40   | 0.08%             | 2042-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, Series 2024                                            | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026006.00   | 0.08%             | 2064-09-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Series 2016Q                                        | CUSIP: 57584XJG7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001095.20   | 0.08%             | 2047-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Michigan Trunk Line Revenue                                                  | State of Michigan Trunk Line                                                                  | CUSIP: 5946953A4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932166.00    | 0.07%             | 2046-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission                                                              | CUSIP: 709224QF9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502002.45    | 0.04%             | 2041-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                      | CUSIP: 592250CL6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    530000 | PA      | $516777.56    | 0.04%             | 2057-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Series 2025 F                                       | CUSIP: 57585BQR2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513175.25    | 0.04%             | 2045-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| N/A                                                                                   | BL Train Holdings West LLC                                                                    | CUSIP: 05594N118<br>LEI: N/A                  | N/A              | DO               |  | US        |      1650 | NS      | $3300.00      | 0.00%             |  |  |  | No            | 2                  | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2024B                                                                 | CUSIP: 7353892S6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032098.90   | 0.08%             | 2049-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Las Vegas Valley Water District                                                       | Las Vegas Valley Water District                                                               | CUSIP: 517845AW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008179.20   | 0.16%             | 2041-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fort Bend County Municipal Utility District No. 57                                    | Fort Bend County Municipal Utility District No. 57, Series 2021                               | CUSIP: 34683ANP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $520061.64    | 0.04%             | 2038-04-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2026E                                                  | CUSIP: 09182THJ9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2091978.40   | 0.16%             | 2033-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2024 A                                       | CUSIP: 63610HAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $680088.31    | 0.05%             | 2034-04-01      | Fixed         | 6.89%                 | Yes           | 2                  | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Series 2025B                                               | CUSIP: 340618EB9<br>LEI: 549300HC854CNBLMWC48 | Long             | STIV             | MUN               | US        |   2040000 | PA      | $1407600.00   | 0.11%             | 2057-07-01      | Variable      | 10.00%                | Yes           | 2                  | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority                                                         | CUSIP: 452252PX1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1548165.60   | 0.12%             | 2046-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Alabama Special Care Facilities Financing Authority-Birmingham AL                     | Alabama Special Care Facilities Financing Authority-Birmingham                                | CUSIP: 010399CR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1715440.93   | 0.13%             | 2046-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204FJR7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1093706.00   | 0.09%             | 2048-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Central Florida Tourism Oversight District                                            | Central Florida Tourism Oversight District                                                    | CUSIP: 758449QV7<br>LEI: 549300DLSKH6SZ96KV94 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1504438.95   | 0.12%             | 2035-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority, Series 2024A                                    | CUSIP: 594654VS1<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500720.70    | 0.04%             | 2026-12-01      | Fixed         | 3.20%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74444UAV4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $523085.35    | 0.04%             | 2047-07-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                      | CUSIP: 04052BEA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $209447.74    | 0.02%             | 2027-03-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured                               | CUSIP: 64971XNK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978902.70    | 0.08%             | 2041-11-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| City of Lakeland FL Department of Electric Utilities                                  | City of Lakeland                                                                              | CUSIP: 51166FFX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $525689.20    | 0.04%             | 2048-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Westminster Public Schools                                                            | Westminster Public Schools                                                                    | CUSIP: 960667AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014088.80   | 0.08%             | 2048-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Fort Worth Independent School District                                                | Fort Worth Independent School District, Series 2019 A                                         | CUSIP: 3494607S8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $852982.70    | 0.07%             | 2037-02-15      | Fixed         | 2.50%                 | No            | 2                  | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp.                              | Texas Private Activity Bond Surface Transportation Corp.                                      | CUSIP: 882667AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $488173.30    | 0.04%             | 2037-12-31      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Macon-Bibb County Urban Development Authority                                         | Macon-Bibb County Urban Development Authority                                                 | CUSIP: 555542NB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $170893.83    | 0.01%             | 2027-06-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| San Antonio Independent School District/TX                                            | San Antonio Independent School District, Series 2018                                          | CUSIP: 796269N20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1365411.41   | 0.11%             | 2048-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2024B                                                                 | CUSIP: 735371SG2<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    330000 | PA      | $335126.09    | 0.03%             | 2048-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| DuBois Hospital Authority                                                             | DuBois Hospital Authority, Series 2018                                                        | CUSIP: 263804DF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $931014.80    | 0.07%             | 2043-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2020                                                       | CUSIP: 45203PAB0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $976609.70    | 0.08%             | 2050-12-01      | Variable      | 4.12%                 | Yes           | 2                  | On Loan: No      |
| Philadelphia Authority for Industrial Development                                     | Philadelphia Authority for Industrial Development, Series 2024A                               | CUSIP: 717901CB6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    500000 | PA      | $528600.70    | 0.04%             | 2053-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Jefferson Sales Tax District                                                          | Jefferson Sales Tax District                                                                  | CUSIP: 474176KL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1529547.30   | 0.12%             | 2037-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Eaton Vance Municipal Bond Fund                                                       | Eaton Vance Municipal Bond Fund                                                               | CUSIP: 27827X101<br>LEI: 5493006Q4EBOXVQBQD12 | Long             |  | RF                | US        |       288 | NS      | $2813.76      | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                      | CUSIP: 646080TB7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    855000 | PA      | $761276.61    | 0.06%             | 2047-12-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport                                                          | CUSIP: 167593JV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40006.86     | 0.00%             | 2032-01-01      | Fixed         | 3.88%                 | No            | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                          | CUSIP: 19648AQ99<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $314772.75    | 0.02%             | 2043-08-01      | Fixed         | 8.00%                 | No            | 2                  | On Loan: No      |
| Savannah Georgia Convention Center Authority                                          | Savannah Georgia Convention Center Authority, Series 2025B                                    | CUSIP: 804828AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989884.90    | 0.08%             | 2061-06-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2025 B                              | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514003.40    | 0.04%             | 2055-03-01      | Variable      | 5.25%                 | No            | 2                  | On Loan: No      |
| Columbus County Industrial Facilities & Pollution Control Financing Authority         | Columbus County Industrial Facilities & Pollution Control Financing Authority, Series 2020A   | CUSIP: 199048AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $773793.30    | 0.06%             | 2034-05-01      | Fixed         | 4.20%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                   | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | STIV             | MUN               | PR        |    213963 | PA      | $143622.43    | 0.01%             | 2043-11-01      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority                                                         | CUSIP: 54639TCG5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1410933.44   | 0.11%             | 2042-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series FIRST TIER 2025                                              | CUSIP: 74445QDZ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $490836.70    | 0.04%             | 2055-01-01      | Fixed         | 6.15%                 | Yes           | 2                  | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                     | Chicago Transit Authority Sales Tax Receipts Fund                                             | CUSIP: 16772PCD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506856.35   | 0.12%             | 2055-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                                   | Louisville, Series 2023 A                                                                     | CUSIP: 54659LDA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1580576.85   | 0.12%             | 2042-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| North Range Metropolitan District No. 1                                               | North Range Metropolitan District No. 1                                                       | CUSIP: 661765AU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $770508.20    | 0.06%             | 2038-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Palm Beach FL                                                               | County of Palm Beach                                                                          | CUSIP: 696547GJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175827.38    | 0.01%             | 2039-04-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Capital Trust Agency, Inc.                                                            | Capital Trust Agency, Inc.                                                                    | CUSIP: 14052WBB2<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350463.54    | 0.03%             | 2029-07-01      | Fixed         | 5.35%                 | No            | 2                  | On Loan: No      |
| County of Lee FL Airport Revenue                                                      | County of Lee, Series 2024                                                                    | CUSIP: 523470HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024320.30   | 0.08%             | 2054-10-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Lexington County Health Services District, Inc.                                       | Lexington County Health Services District, Inc.                                               | CUSIP: 529050DZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001442.80   | 0.16%             | 2041-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Pflugerville TX                                                               | City of Pflugerville                                                                          | CUSIP: 7170877W4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894544.60    | 0.07%             | 2049-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| BNY Mellon Strategic Municipals, Inc.                                                 | BNY Mellon Strategic Municipals, Inc.                                                         | CUSIP: 05588W108<br>LEI: 549300FH0LKMOBY7N332 | Long             |  | RF                | US        |     34014 | NS      | $213948.06    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| North Harris County Regional Water Authority                                          | North Harris County Regional Water Authority, Series 2016                                     | CUSIP: 65956NGZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $398144.25    | 0.03%             | 2036-12-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                       | Foothill-Eastern Transportation Corridor Agency                                               | CUSIP: 345105HZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1488399.60   | 0.12%             | 2035-01-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                     | Chicago Transit Authority Sales Tax Receipts Fund, Series 2026A                               | CUSIP: 16772PFB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2354240.55   | 0.18%             | 2051-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Series 2024                                                | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    970000 | PA      | $339500.00    | 0.03%             | 2032-07-15      | Variable      | 12.00%                | Yes           | 2                  | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2025-1A                               | CUSIP: 70878CBS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $486828.00    | 0.04%             | 2046-06-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| County of Pasco FL                                                                    | County of Pasco                                                                               | CUSIP: 70252AAU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $402296.51    | 0.03%             | 2043-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Jefferson County Public Hospital District No. 2                                       | Jefferson County Public Hospital District No. 2, Series 2023A                                 | CUSIP: 473644AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261155.05    | 0.02%             | 2043-12-01      | Fixed         | 6.62%                 | No            | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Series 2024 A                                           | CUSIP: 1675934T6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $764850.75    | 0.06%             | 2059-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Series 2025AA                                 | CUSIP: 64613CHQ4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1090544.22   | 0.09%             | 2050-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Mesa Del Sol Public Improvement District No. 1                                        | Mesa Del Sol Public Improvement District No. 1                                                | CUSIP: 59065CAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $701884.68    | 0.06%             | 2033-10-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp.                                                        | CUSIP: 187145BR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $88745.71     | 0.01%             | 2047-12-01      | Fixed         | 4.40%                 | No            | 2                  | On Loan: No      |
| Wyoming Community Development Authority                                               | Wyoming Community Development Authority, Series 2021 3                                        | CUSIP: 98322QYW1<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |    685000 | PA      | $679433.42    | 0.05%             | 2050-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                        | CUSIP: 13048VCB2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $903030.30    | 0.07%             | 2047-12-31      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Lee County Industrial Development Authority/FL                                        | Lee County Industrial Development Authority                                                   | CUSIP: 52349EDV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510511.35    | 0.04%             | 2039-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| West Memphis School District No. 4                                                    | West Memphis School District No. 4                                                            | CUSIP: 954358HP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1057586.87   | 0.08%             | 2039-02-01      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2024                                        | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002201.70   | 0.08%             | 2060-06-30      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured, Series FISCAL 2025F SUB F-1  | CUSIP: 64972JQG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1548325.97   | 0.12%             | 2039-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority, Series 2024A                                           | CUSIP: 59261A2J5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067689.40   | 0.16%             | 2049-11-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Series 2018 B                                           | CUSIP: 167593M41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $940487.10    | 0.07%             | 2044-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                          | CUSIP: 19645RZQ7<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $466325.95    | 0.04%             | 2039-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                     | CUSIP: 45470CAF6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973835.50    | 0.08%             | 2030-11-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Maryland State Transportation Authority Passenger Facility Charge Revenue             | Maryland State Transportation Authority Passenger Facility Charge, Series 2019                | CUSIP: 57429NDC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963978.30    | 0.08%             | 2039-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton                                                                            | CUSIP: 407272Y23<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1983776.60   | 0.16%             | 2045-09-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Town of Cave Creek AZ Cahava Springs Revitalization District                          | Town of Cave Creek, Series 2017 A                                                             | CUSIP: 12773CAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    213315 | PA      | $213315.35    | 0.02%             | 2041-07-01      | Fixed         | 7.00%                 | Yes           | 2                  | On Loan: No      |
| State of Illinois                                                                     | State of Illinois, Series DECEMBER 2021 B                                                     | CUSIP: 452153CF4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    875000 | PA      | $694069.86    | 0.05%             | 2041-12-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                          | Los Angeles Department of Water & Power Water System, Series 2025 C                           | CUSIP: 5445252Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065348.10   | 0.08%             | 2043-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Colorado                                                                     | State of Colorado                                                                             | CUSIP: 196711UZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1711496.55   | 0.13%             | 2041-12-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency, Series 39-B                                            | CUSIP: 658207VA0<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    695000 | PA      | $678836.59    | 0.05%             | 2038-07-01      | Fixed         | 3.85%                 | No            | 2                  | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2019 A                    | CUSIP: 64461XFU4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934747.30    | 0.07%             | 2043-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Oklahoma Housing Finance Agency                                                       | Oklahoma Housing Finance Agency, Series 2025A                                                 | CUSIP: 67886MW88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $1102475.93   | 0.09%             | 2056-09-01      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Oklahoma Municipal Power Authority                                                    | Oklahoma Municipal Power Authority, Series 2025 A                                             | CUSIP: 67910HSZ4<br>LEI: 54930074Q1M8747DCS20 | Long             | DBT              | MUN               | US        |    750000 | PA      | $790274.85    | 0.06%             | 2051-01-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2017                                                       | CUSIP: 45203PAD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | STIV             | MUN               | US        |    845000 | PA      | $851370.20    | 0.07%             | 2043-12-01      | Variable      | 4.80%                 | Yes           | 2                  | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission                                                              | CUSIP: 709225HC3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078441.50   | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Grand Bay at Doral Community Development District                                     | Grand Bay at Doral Community Development District                                             | CUSIP: 38522UAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500166.00    | 0.04%             | 2039-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| South Carolina Ports Authority                                                        | South Carolina Ports Authority                                                                | CUSIP: 837123HK7<br>LEI: 5493001YXW15H9J1M026 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038498.40   | 0.16%             | 2038-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Houston TX                                                                    | City of Houston                                                                               | CUSIP: 442331U93<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005475.00   | 0.08%             | 2033-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Texas City Industrial Development Corp.                                               | Texas City Industrial Development Corp.                                                       | CUSIP: 882275AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1424699.93   | 0.11%             | 2045-12-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| District of Columbia Income Tax Revenue                                               | District of Columbia Income Tax, Series 2023 A                                                | CUSIP: 25477GWB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052453.00   | 0.08%             | 2048-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2026                                         | CUSIP: 63608TBG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $283065.35    | 0.02%             | 2034-12-15      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Oklahoma City Airport Trust                                                           | Oklahoma City Airport Trust                                                                   | CUSIP: 6785354C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013689.40   | 0.08%             | 2043-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Series 2016 MI                                                    | CUSIP: 59447THA4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    625000 | PA      | $626574.69    | 0.05%             | 2041-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Cook County Township High School District No. 201 J Sterling Morton                   | Cook County Township High School District No. 201 J Sterling Morton, Series 2026              | CUSIP: 215457CU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1154871.19   | 0.09%             | 2045-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45203KAP0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1948971.99   | 0.15%             | 2047-02-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Minneapolis MN                                                                | City of Minneapolis, Series 2018 A                                                            | CUSIP: 60374VEF6<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969980.30    | 0.08%             | 2049-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Sterling Hills West Metropolitan District                                             | Sterling Hills West Metropolitan District                                                     | CUSIP: 85933MBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127959.68    | 0.01%             | 2039-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Central Valley Energy Authority                                                       | Central Valley Energy Authority, Series 2026                                                  | CUSIP: 15569DAG7<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $526318.50    | 0.04%             | 2034-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                     | Chicago Transit Authority Sales Tax Receipts Fund, Series 2024A                               | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $913069.80    | 0.07%             | 2049-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Iowa Tobacco Settlement Authority                                                     | Iowa Tobacco Settlement Authority                                                             | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4485000 | PA      | $612105.62    | 0.05%             | 2065-06-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Port of Beaumont Navigation District                                                  | Port of Beaumont Navigation District, Series 2024A                                            | CUSIP: 73360CAP9<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    250000 | PA      | $237655.65    | 0.02%             | 2039-01-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Savannah Georgia Convention Center Authority                                          | Savannah Georgia Convention Center Authority, Series 2025C                                    | CUSIP: 804828AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002759.10   | 0.08%             | 2058-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Hackberry TX                                                                  | City of Hackberry                                                                             | CUSIP: 404518AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $239704.25    | 0.02%             | 2038-09-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Black Desert Public Infrastructure District                                           | Black Desert Public Infrastructure District, Series 2021 A                                    | CUSIP: 09204PAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $807329.10    | 0.06%             | 2051-03-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority                                               | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044459.60   | 0.08%             | 2052-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue                   | Metropolitan Washington Airports Authority Dulles Toll Road Revenue                           | CUSIP: 592643DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $1823726.66   | 0.14%             | 2049-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                               | Great Lakes Water Authority Water Supply System, Series 2025 D                                | CUSIP: 39081JKN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $776526.70    | 0.06%             | 2050-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Invesco Municipal Opportunity Trust                                                   | Invesco Municipal Opportunity Trust                                                           | CUSIP: 46132C107<br>LEI: WERC5RXCUSU16MOTZ848 | Long             |  | RF                | US        |     26218 | NS      | $249333.18    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, Series 2025                                            | CUSIP: 54639TDS8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    500000 | PA      | $519424.50    | 0.04%             | 2050-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority, Series 2026A                            | CUSIP: 19645UWU4<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    550000 | PA      | $568008.76    | 0.04%             | 2056-03-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                      | CUSIP: 04052BQU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $539893.20    | 0.04%             | 2041-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2024C                                 | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    780000 | PA      | $809840.93    | 0.06%             | 2055-08-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Monongalia County Commission Excise Tax District                                      | Monongalia County Commission Excise Tax District                                              | CUSIP: 61022CAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010103.10   | 0.08%             | 2037-06-01      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                                | CUSIP: 6461367G0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $525739.75    | 0.04%             | 2040-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                            | Metropolitan Water Reclamation District of Greater Chicago                                    | CUSIP: 167560UM1<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   1905000 | PA      | $1919403.90   | 0.15%             | 2041-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| South Carolina Public Service Authority                                               | South Carolina Public Service Authority                                                       | CUSIP: 837151K32<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |    730000 | PA      | $716804.08    | 0.06%             | 2055-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                              | City of Houston, Series 2026C                                                                 | CUSIP: 44237NMW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $2987465.73   | 0.23%             | 2058-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Massachusetts Housing Finance Agency                                                  | Massachusetts Housing Finance Agency, Series 2019 B-1                                         | CUSIP: 57587AY77<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    500000 | PA      | $415462.85    | 0.03%             | 2044-12-01      | Fixed         | 3.10%                 | No            | 2                  | On Loan: No      |
| County of Broward FL Port Facilities Revenue                                          | County of Broward, Series 2022                                                                | CUSIP: 11506KHB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2057207.80   | 0.16%             | 2052-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| City of Baltimore MD                                                                  | City of Baltimore, Series 2019 A                                                              | CUSIP: 05922KE62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012412.70   | 0.08%             | 2049-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                              | Cleveland-Cuyahoga County Port Authority                                                      | CUSIP: 18610TAD2<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    710000 | PA      | $713109.16    | 0.06%             | 2037-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Kansas City Industrial Development Authority                                          | Kansas City Industrial Development Authority                                                  | CUSIP: 48504NBB4<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1044918.09   | 0.08%             | 2039-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp.                                          | CUSIP: 64542RDJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2356192.48   | 0.18%             | 2047-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Austin TX Airport System Revenue                                              | City of Austin                                                                                | CUSIP: 052398FR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007938.40   | 0.08%             | 2035-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Riverside County Transportation Commission                                            | Riverside County Transportation Commission, Series 2021 B-1                                   | CUSIP: 76912DBA5<br>LEI: 5493003G0IESJS57M350 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $728226.70    | 0.06%             | 2049-06-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The)                                                         | CUSIP: 717883XT4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1000977.46   | 0.08%             | 2038-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Port New Orleans Board of Commissioners                                               | Port New Orleans Board of Commissioners                                                       | CUSIP: 734782CY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1278884.00   | 0.10%             | 2038-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority                                                   | CUSIP: 93978HSL0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $511616.00    | 0.04%             | 2032-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Series 2022 MI - A                                                | CUSIP: 59447T2W2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    950000 | PA      | $837825.33    | 0.07%             | 2047-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| State of Connecticut Special Tax Revenue                                              | State of Connecticut Special Tax                                                              | CUSIP: 207758H55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507345.65   | 0.12%             | 2039-11-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Poway Unified School District Public Financing Authority                              | Poway Unified School District Public Financing Authority                                      | CUSIP: 73885QDN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $415255.27    | 0.03%             | 2041-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, Series 2023 A                                          | CUSIP: 546399RQ1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1473823.05   | 0.12%             | 2053-10-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Independent Cities Finance Authority                                                  | Independent Cities Finance Authority                                                          | CUSIP: 45385LHE6<br>LEI: 549300ZZZYTBUL6FR983 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000706.40   | 0.08%             | 2036-09-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Alameda Corridor Transportation Authority                                             | Alameda Corridor Transportation Authority, Series 2022 C                                      | CUSIP: 010869JU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1138492.80   | 0.09%             | 2052-10-01      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| North Dakota Housing Finance Agency                                                   | North Dakota Housing Finance Agency, Series 2022 A                                            | CUSIP: 658909L46<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    585000 | PA      | $564456.44    | 0.04%             | 2033-01-01      | Fixed         | 3.30%                 | No            | 2                  | On Loan: No      |
| Massachusetts Housing Finance Agency                                                  | Massachusetts Housing Finance Agency, Series 2013B                                            | CUSIP: 57586P7M2<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955261.10    | 0.07%             | 2056-06-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Cook County Community College District No. 508                                        | Cook County Community College District No. 508, Series 2026                                   | CUSIP: 213187EK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $211336.44    | 0.02%             | 2051-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2025                                               | CUSIP: 39227AAD4<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042573.80   | 0.08%             | 2037-11-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Utah Charter School Finance Authority                                                 | Utah Charter School Finance Authority                                                         | CUSIP: 91754TUX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $445660.35    | 0.03%             | 2048-06-15      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| Northside Independent School District                                                 | Northside Independent School District, Series 2020                                            | CUSIP: 66702RR79<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1012778.30   | 0.08%             | 2050-06-01      | Variable      | 3.55%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204FLY9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $967378.70    | 0.08%             | 2039-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                          | CUSIP: 19645RB75<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500396.90    | 0.04%             | 2028-12-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act                                   | CUSIP: 64461XHQ1<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039572.10   | 0.08%             | 2048-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| County of Miami OH                                                                    | County of Miami, Series 2019                                                                  | CUSIP: 593328FQ5<br>LEI: 549300YAYSF4ZQH3JU54 | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1887781.70   | 0.15%             | 2049-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority, Series 2022                                      | CUSIP: 928104QJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1494478.80   | 0.12%             | 2047-12-31      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Texas Water Development Board                                                         | Texas Water Development Board                                                                 | CUSIP: 8828543K6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022929.20   | 0.16%             | 2038-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                    | CUSIP: 167505XR2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966517.20    | 0.08%             | 2040-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2025                                                         | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2064754.20   | 0.16%             | 2060-06-30      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45201QCX0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000412.60   | 0.16%             | 2036-11-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                | Maine Health & Higher Educational Facilities Authority, Series 2016A                          | CUSIP: 56042RFH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944564.50    | 0.07%             | 2041-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                                 | City of San Antonio, Series 2024D                                                             | CUSIP: 79625GLU5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042677.90   | 0.08%             | 2054-02-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority         | CUSIP: 54628CAT9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1220722.00   | 0.10%             | 2041-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City & County of Denver                                                                       | CUSIP: 249182TK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100120.90   | 0.09%             | 2041-11-15      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation                                           | CUSIP: 592647KM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509475.90    | 0.04%             | 2046-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                                | Downtown Revitalization Public Infrastructure District, Series 2025 A                         | CUSIP: 26118TAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151406.60   | 0.17%             | 2050-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured                               | CUSIP: 64971XUG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971265.00    | 0.08%             | 2044-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Colorado Housing and Finance Authority                                                | Colorado Housing and Finance Authority, Series 2022 CL-1 B                                    | CUSIP: 196480ZE0<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    700000 | PA      | $693391.02    | 0.05%             | 2052-05-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2017A                                                      | CUSIP: 45204EA32<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1100315.63   | 0.09%             | 2047-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Denver City & County Housing Authority                                                | Denver City & County Housing Authority, Series 2025A                                          | CUSIP: 24917QBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1265613.50   | 0.10%             | 2045-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa, Series 2020 B                                                                  | CUSIP: 875161DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002080.00   | 0.08%             | 2050-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Lake Ashton Community Development District                                            | Lake Ashton Community Development District                                                    | CUSIP: 507507AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350140.04    | 0.03%             | 2037-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025D    | CUSIP: 79766DXZ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2640953.25   | 0.21%             | 2055-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| City of Lewiston ME                                                                   | City of Lewiston                                                                              | CUSIP: 52850CSJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1086711.34   | 0.09%             | 2033-02-15      | Fixed         | 1.38%                 | No            | 2                  | On Loan: No      |
| Austin Convention Enterprises, Inc.                                                   | Austin Convention Enterprises, Inc.                                                           | CUSIP: 052409DR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $320821.82    | 0.03%             | 2034-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Empire State Development Corp.                                                        | Empire State Development Corp., Series 2021 A                                                 | CUSIP: 64985TCK5<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004565.70   | 0.08%             | 2038-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Utah Charter School Finance Authority                                                 | Utah Charter School Finance Authority                                                         | CUSIP: 91754TVG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $399557.52    | 0.03%             | 2027-07-15      | Fixed         | 4.50%                 | Yes           | 2                  | On Loan: No      |
| County of Warren MS                                                                   | County of Warren, Series 2018                                                                 | CUSIP: 935031AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $270094.94    | 0.02%             | 2032-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2024B                                                                 | CUSIP: 7353892N7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    750000 | PA      | $811938.53    | 0.06%             | 2041-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2016C                                                        | CUSIP: 74443QAD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1996290.00   | 0.16%             | 2030-11-01      | Fixed         | 4.30%                 | No            | 2                  | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                      | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1829824 | PA      | $1800823.01   | 0.14%             | 2041-07-20      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Savannah Georgia Convention Center Authority                                          | Savannah Georgia Convention Center Authority, Series 2025A                                    | CUSIP: 804828AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $242143.63    | 0.02%             | 2061-06-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                         | CUSIP: 70870JCJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $899781.80    | 0.07%             | 2045-04-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| E-470 Public Highway Authority                                                        | E-470 Public Highway Authority                                                                | CUSIP: 26822LGT5<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $566750.70    | 0.04%             | 2037-09-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Duluth Economic Development Authority                                                 | Duluth Economic Development Authority, Series 2018 A                                          | CUSIP: 26444CHF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500665.25   | 0.20%             | 2058-02-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Atlanta Development Authority (The)                                                   | Atlanta Development Authority (The), Series 2024A-2                                           | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255330.98    | 0.02%             | 2039-04-01      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                                   | City of Dallas                                                                                | CUSIP: 23542JZT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1352697.78   | 0.11%             | 2043-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority, Series 2025AA                                 | CUSIP: 64613CHR2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047152.30   | 0.08%             | 2050-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Canyons Metropolitan District No. 5                                                   | Canyons Metropolitan District No. 5, Series 2024A                                             | CUSIP: 139071AY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527988.20   | 0.12%             | 2059-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                                  | County of Miami-Dade, Series 2021                                                             | CUSIP: 59334DMQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $931135.80    | 0.07%             | 2046-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                 | CUSIP: 56035DBP6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1515993.07   | 0.12%             | 2034-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                                  | Pennsylvania Higher Educational Facilities Authority, Series 2024B-1                          | CUSIP: 70917TRX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010164.70   | 0.08%             | 2051-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp.                                          | CUSIP: 64542RAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499953.35   | 0.12%             | 2046-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204FTV7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1658420.56   | 0.13%             | 2044-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Miami Beach Health Facilities Authority                                               | Miami Beach Health Facilities Authority                                                       | CUSIP: 593211EW1<br>LEI: 549300MFT7I1HF5VL403 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000740.40   | 0.08%             | 2039-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                                | CUSIP: 64613CCK2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $4317554.68   | 0.34%             | 2048-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport                  | CUSIP: 79766DLZ0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028838.30   | 0.08%             | 2039-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp. I                                    | Texas Municipal Gas Acquisition and Supply Corp. I                                            | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    300000 | PA      | $307149.39    | 0.02%             | 2026-12-15      | Fixed         | 6.25%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Series 2020 A2                         | CUSIP: 708686EM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $30.01        | 0.00%             | 2040-12-01      | Fixed         | 10.00%                | Yes           | 2                  | On Loan: No      |
| Illinois Sports Facilities Authority (The)                                            | Illinois Sports Facilities Authority (The)                                                    | CUSIP: 452143FE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3049881.90   | 0.24%             | 2032-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                          | CUSIP: 19645UCB8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037399.00   | 0.08%             | 2035-03-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                      | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990944 | PA      | $959872.84    | 0.08%             | 2041-01-20      | Variable      | 4.17%                 | No            | 2                  | On Loan: No      |
| City of South Miami Health Facilities Authority, Inc.                                 | City of South Miami Health Facilities Authority, Inc., Series 2025B                           | CUSIP: 838810EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076924.90   | 0.08%             | 2065-08-15      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| City of New York NY                                                                   | City of New York, Series FISCAL 2024 C                                                        | CUSIP: 64966SBA3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4548801.84   | 0.36%             | 2053-03-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Series FISCAL 2024 SUB BB1                   | CUSIP: 64972GG32<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1596052.78   | 0.13%             | 2054-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| County of Carroll KY                                                                  | County of Carroll, Series 2006 B                                                              | CUSIP: 14483RAU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $833323.00    | 0.07%             | 2034-10-01      | Fixed         | 2.12%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2024A                                                        | CUSIP: 74442ELX6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $892691.00    | 0.07%             | 2064-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                                 | City of San Antonio, Series 2024 A                                                            | CUSIP: 79625GJR5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045042.90   | 0.08%             | 2049-02-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                                | CUSIP: 09182TBD8<br>LEI: 549300I8V0Z68JQCB679 | Long             | STIV             | MUN               | US        |    500000 | PA      | $499319.30    | 0.04%             | 2053-04-01      | Floating      | 3.07%                 | No            | 2                  | On Loan: No      |
| Philadelphia Authority for Industrial Development                                     | Philadelphia Authority for Industrial Development                                             | CUSIP: 71780TAX1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    850000 | PA      | $838974.57    | 0.07%             | 2037-11-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                     | CUSIP: 45470YEM9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3021247.80   | 0.24%             | 2033-11-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| North Texas Tollway Authority                                                         | North Texas Tollway Authority                                                                 | CUSIP: 66285WYA8<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $912875.40    | 0.07%             | 2049-01-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Alaska Industrial Development & Export Authority                                      | Alaska Industrial Development & Export Authority, Series 2019 A                               | CUSIP: 011903GG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1950619.60   | 0.15%             | 2037-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Verandah West Community Development District                                          | Verandah West Community Development District                                                  | CUSIP: 922947AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $405263.37    | 0.03%             | 2033-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Kentucky State Property & Building Commission                                         | Kentucky State Property & Building Commission, Series A                                       | CUSIP: 49151F6R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072148.50   | 0.08%             | 2044-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York & New Jersey, Series 242                                           | CUSIP: 73358XKN1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3022592.70   | 0.24%             | 2048-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Hurst-Euless-Bedford Independent School District                                      | Hurst-Euless-Bedford Independent School District, Series 2024                                 | CUSIP: 447819KL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $959915.17    | 0.08%             | 2050-08-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Southwestern Illinois Development Authority                                           | Southwestern Illinois Development Authority, Series 2025 B                                    | CUSIP: 84552YTM3<br>LEI: 549300B1KLLJ8NU5XK71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068202.90   | 0.08%             | 2050-04-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Mobile County Industrial Development Authority                                        | Mobile County Industrial Development Authority, Series 2024 A                                 | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1430226.60   | 0.11%             | 2054-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Yakima County School District No. 208 West Valley                                     | Yakima County School District No. 208 West Valley, Series 2019                                | CUSIP: 984487QJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $406845.92    | 0.03%             | 2034-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports                                                    | CUSIP: 544445EL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1549804.65   | 0.12%             | 2034-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                             | CUSIP: 452152T84<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986384.40    | 0.08%             | 2037-12-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                                   | Louisville, Series 2022A                                                                      | CUSIP: 54660DAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2363358.50   | 0.19%             | 2052-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Naperville IL                                                                 | City of Naperville, Series 2024                                                               | CUSIP: 630412D76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $755312.25    | 0.06%             | 2041-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Milwaukee Metropolitan Sewerage District                                              | Milwaukee Metropolitan Sewerage District                                                      | CUSIP: 602409PP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981984.10    | 0.08%             | 2043-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Yonkers Economic Development Corp.                                                    | Yonkers Economic Development Corp.                                                            | CUSIP: 98608MAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $262936.36    | 0.02%             | 2049-10-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport                                                          | CUSIP: 167590EY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513934.90    | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| North Dakota Housing Finance Agency                                                   | North Dakota Housing Finance Agency, Series 2021 A                                            | CUSIP: 658909C53<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |    910000 | PA      | $896732.20    | 0.07%             | 2052-01-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| City of Charlotte NC Airport Revenue                                                  | City of Charlotte, Series 2023A                                                               | CUSIP: 161036VJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072367.00   | 0.08%             | 2042-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                          | CUSIP: 19645UHK3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $418708.20    | 0.03%             | 2041-07-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority, Series 2017                                      | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1427337.75   | 0.11%             | 2056-12-31      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City & County of Denver, Series 2022A                                                         | CUSIP: 249182QV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013587.10   | 0.08%             | 2047-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| BlackRock MuniYield Quality Fund III, Inc.                                            | BlackRock MuniYield Quality Fund III, Inc.                                                    | CUSIP: 09254E103<br>LEI: UB5J2GS6Q51M6A2L8886 | Long             |  | RF                | US        |     39964 | NS      | $420021.64    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2023                                        | CUSIP: 650116HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992746.40    | 0.08%             | 2060-06-30      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                          | Metropolitan Atlanta Rapid Transit Authority, Series 2017 C                                   | CUSIP: 5917453G7<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4032395.20   | 0.32%             | 2035-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission                                                   | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    741707 | PA      | $714909.38    | 0.06%             | 2050-03-01      | Variable      | 4.22%                 | No            | 2                  | On Loan: No      |
| VanEck CEF Muni Income ETF                                                            | VanEck CEF Muni Income ETF                                                                    | CUSIP: 92189F460<br>LEI: 549300PUUB20HTFO1M17 | Long             |  | RF                | US        |     15917 | NS      | $342215.50    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2022C                                      | CUSIP: 544445YH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $739946.40    | 0.06%             | 2049-05-15      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Texas Water Development Board                                                         | Texas Water Development Board                                                                 | CUSIP: 882854B35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1508711.40   | 0.12%             | 2037-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                      | CUSIP: 63610FBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036836.30   | 0.08%             | 2051-06-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority                                                         | CUSIP: 452252PN3<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057845.50   | 0.08%             | 2040-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Board of Water Light & Sinking Fund Commissioners of The City of Dalton (The)         | Board of Water Light & Sinking Fund Commissioners of The City of Dalton (The)                 | CUSIP: 235586DC5<br>LEI: 549300F2NIJXYBEBL710 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1082358.20   | 0.08%             | 2039-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| E-470 Public Highway Authority                                                        | E-470 Public Highway Authority                                                                | CUSIP: 26822LDW1<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |    480000 | PA      | $422449.25    | 0.03%             | 2030-09-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority                                               | CUSIP: 49126KKC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200474.10    | 0.02%             | 2037-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2024A                               | CUSIP: 84136HAU7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1533316.95   | 0.12%             | 2035-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Lazy Nine Municipal Utility District No. 1B                                           | Lazy Nine Municipal Utility District No. 1B, Series 2020                                      | CUSIP: 52109HLH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1016234.36   | 0.08%             | 2036-03-01      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| Bay Area Toll Authority                                                               | Bay Area Toll Authority                                                                       | CUSIP: 072024ST0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1001417.80   | 0.08%             | 2036-04-01      | Floating      | 3.67%                 | No            | 2                  | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago, Series 2024A                                                                 | CUSIP: 167486S83<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    700000 | PA      | $684578.02    | 0.05%             | 2043-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Tri-County Metropolitan Transportation District of Oregon                             | Tri-County Metropolitan Transportation District of Oregon, Series 2019 A                      | CUSIP: 89546RRU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $820826.80    | 0.06%             | 2044-09-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Central Texas Regional Mobility Authority                                             | Central Texas Regional Mobility Authority                                                     | CUSIP: 155498GH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031273.40   | 0.16%             | 2043-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2018B                                                        | CUSIP: 74445QAC4<br>LEI: 5493004S6D3NA627K012 | Long             | STIV             | MUN               | US        |    186667 | PA      | $125595.49    | 0.01%             | 2051-07-01      | Variable      | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                    | CUSIP: 59447TVA8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1845546.80   | 0.14%             | 2044-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Boggy Creek Improvement District                                                      | Boggy Creek Improvement District                                                              | CUSIP: 097206AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1175026.09   | 0.09%             | 2043-05-01      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCV0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6427 | PA      | $37.87        | 0.00%             | 2066-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                                 | New Jersey Health Care Facilities Financing Authority, Series 2024A                           | CUSIP: 645790TL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $696367.58    | 0.05%             | 2054-07-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Michigan State Building Authority                                                     | Michigan State Building Authority                                                             | CUSIP: 594615FY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3021105.30   | 0.24%             | 2041-04-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                             | CUSIP: 452153AW9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504938.70    | 0.04%             | 2046-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCJ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7237 | PA      | $43.97        | 0.00%             | 2055-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority, Series 2025                                                   | CUSIP: 54811BR78<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    840000 | PA      | $857916.19    | 0.07%             | 2050-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                 | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1497018.00   | 0.12%             | 2052-08-01      | Variable      | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Port of Corpus Christi Authority of Nueces County                                     | Port of Corpus Christi Authority of Nueces County                                             | CUSIP: 733911DF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032598.60   | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Development Authority for Fulton County                                               | Development Authority for Fulton County                                                       | CUSIP: 36005GAV5<br>LEI: 549300533NJL38F4K144 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506927.50    | 0.04%             | 2037-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Hoover Industrial Development Board                                                   | Hoover Industrial Development Board                                                           | CUSIP: 439241AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1103116.43   | 0.09%             | 2049-10-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency, Series 2024-144A                                         | CUSIP: 70879QUZ4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1932794.82   | 0.15%             | 2049-10-01      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                                | CUSIP: 944514VH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1530684.60   | 0.12%             | 2037-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority                                                            | CUSIP: 649838FX2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    240000 | PA      | $245563.92    | 0.02%             | 2027-07-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| County of Prince George's MD                                                          | County of Prince George's                                                                     | CUSIP: 74172VAR9<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1274615.06   | 0.10%             | 2048-08-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                   | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |     49930 | PA      | $49235.21     | 0.00%             | 2035-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Chandler Industrial Development Authority                                             | Chandler Industrial Development Authority, Series 2019                                        | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1625000 | PA      | $1646242.33   | 0.13%             | 2049-06-01      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| State of Washington                                                                   | State of Washington                                                                           | CUSIP: 939720S33<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1760402.76   | 0.14%             | 2043-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                        | CUSIP: 13050WAG6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $954594.00    | 0.07%             | 2041-07-20      | Fixed         | 4.05%                 | No            | 2                  | On Loan: No      |
| University of Washington                                                              | University of Washington, Series 2012C                                                        | CUSIP: 91523NLH7<br>LEI: T8YS5W0N70BYCTHPA429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $836747.60    | 0.07%             | 2042-07-01      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| Cape Girardeau County Industrial Development Authority                                | Cape Girardeau County Industrial Development Authority                                        | CUSIP: 139404HT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $70009.68     | 0.01%             | 2046-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Water Valley Metropolitan District No. 02                                             | Water Valley Metropolitan District No. 02                                                     | CUSIP: 94114PAN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $575548.90    | 0.05%             | 2040-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| South Carolina Public Service Authority                                               | South Carolina Public Service Authority                                                       | CUSIP: 837151K40<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1015068.01   | 0.08%             | 2055-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Denver Health & Hospital Authority                                                    | Denver Health & Hospital Authority                                                            | CUSIP: 24918EDN7<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1472914.28   | 0.12%             | 2039-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| North Carolina Turnpike Authority                                                     | North Carolina Turnpike Authority, Series A                                                   | CUSIP: 65830RDA4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000480.30   | 0.08%             | 2058-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Majorca Isles Community Development District                                          | Majorca Isles Community Development District                                                  | CUSIP: 560851AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $825647.79    | 0.06%             | 2035-05-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri, Series 2023               | CUSIP: 60637AWL2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1197809.34   | 0.09%             | 2052-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                        | CUSIP: 13049AAG8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    850000 | PA      | $837625.45    | 0.07%             | 2046-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Williamson County Municipal Utility District No. 10                                   | Williamson County Municipal Utility District No. 10, Series 2014                              | CUSIP: 97000PHD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $342134.07    | 0.03%             | 2031-08-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                             | CUSIP: 68608JYL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $45516.76     | 0.00%             | 2046-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74442EBZ2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    285000 | PA      | $284989.34    | 0.02%             | 2027-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Louisiana Housing Corp.                                                               | Louisiana Housing Corp., Series 2021 D                                                        | CUSIP: 54627DHW4<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |    415000 | PA      | $411125.06    | 0.03%             | 2052-06-01      | Fixed         | 3.25%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74442PJV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    345000 | PA      | $155250.00    | 0.01%             | 2048-01-01      | Fixed         | 6.38%                 | Yes           | 2                  | On Loan: No      |
| Virginia Beach Development Authority                                                  | Virginia Beach Development Authority, Series 2023A                                            | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $442117.20    | 0.03%             | 2053-09-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| County of Lee FL Airport Revenue                                                      | County of Lee, Series 2026 A-1                                                                | CUSIP: 523470JR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1571779.65   | 0.12%             | 2056-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority                                                            | CUSIP: 64990GMC3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $849270.00    | 0.07%             | 2040-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| California County Tobacco Securitization Agency                                       | California County Tobacco Securitization Agency                                               | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $82789.89     | 0.01%             | 2049-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                                | Triborough Bridge & Tunnel Authority Sales Tax, Series 2024ASUB A-1                           | CUSIP: 896035DH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032549.10   | 0.08%             | 2064-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp.                              | Texas Private Activity Bond Surface Transportation Corp.                                      | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2910411.00   | 0.23%             | 2058-06-30      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                 | CUSIP: 87515ECB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000529.60   | 0.08%             | 2046-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Series 2026                            | CUSIP: 708692CE6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1001540.10   | 0.08%             | 2056-03-01      | Variable      | 5.45%                 | Yes           | 2                  | On Loan: No      |
| Niagara Frontier Transportation Authority Airport System Revenues                     | Niagara Frontier Transportation Authority Airport System Revenues, Series 2019A               | CUSIP: 653544ED4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024391.80   | 0.08%             | 2037-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Capital Trust Agency, Inc.                                                            | Capital Trust Agency, Inc.                                                                    | CUSIP: 14054CAE9<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    200000 | PA      | $199841.58    | 0.02%             | 2027-06-15      | Fixed         | 4.38%                 | Yes           | 2                  | On Loan: No      |
| Commonwealth Financing Authority                                                      | Commonwealth Financing Authority                                                              | CUSIP: 20282EAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2886110.70   | 0.23%             | 2039-06-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                     | CUSIP: 5742184J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $888068.10    | 0.07%             | 2048-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Painted Prairie Public Improvement Authority                                          | Painted Prairie Public Improvement Authority                                                  | CUSIP: 69578NAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $870466.00    | 0.07%             | 2039-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Union County Hospital Authority                                                       | Union County Hospital Authority, Series 2018B                                                 | CUSIP: 906460DQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978316.30    | 0.08%             | 2048-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chesapeake Bay Bridge & Tunnel District                                               | Chesapeake Bay Bridge & Tunnel District                                                       | CUSIP: 16514PAD1<br>LEI: 549300JGWE66ZSSOYN09 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $985398.70    | 0.08%             | 2046-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                           | Miami-Dade County Housing Finance Authority, Series 2025A                                     | CUSIP: 593344BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $711724.73    | 0.06%             | 2046-03-01      | Fixed         | 4.88%                 | No            | 2                  | On Loan: No      |
| Allegheny County Industrial Development Authority                                     | Allegheny County Industrial Development Authority                                             | CUSIP: 01730CAK4<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |     90000 | PA      | $87186.50     | 0.01%             | 2038-07-15      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City & County of Denver, Series 2022A                                                         | CUSIP: 249182QR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088220.70   | 0.09%             | 2040-11-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| BlackRock MuniAssets Fund, Inc.                                                       | BlackRock MuniAssets Fund, Inc.                                                               | CUSIP: 09254J102<br>LEI: UJYLDIG1NIEEIV3PO802 | Long             |  | RF                | US        |     18450 | NS      | $195754.50    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| Philadelphia Authority for Industrial Development                                     | Philadelphia Authority for Industrial Development                                             | CUSIP: 71781XDC4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $821051.00    | 0.06%             | 2047-11-01      | Fixed         | 6.60%                 | No            | 2                  | On Loan: No      |
| Macon County School District No. 61 Decatur                                           | Macon County School District No. 61 Decatur                                                   | CUSIP: 555597HR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990466.60    | 0.08%             | 2040-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2010                                                       | CUSIP: 45203PAC8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1007538.70   | 0.08%             | 2043-12-01      | Variable      | 4.80%                 | Yes           | 2                  | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                                 | City of San Antonio, Series 2024 B                                                            | CUSIP: 79625GKN2<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045042.90   | 0.08%             | 2049-02-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority, Series 2023A                                    | CUSIP: 594654TJ4<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    375000 | PA      | $380583.19    | 0.03%             | 2043-12-01      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2023 B                              | CUSIP: 84136GAJ4<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    750000 | PA      | $784504.13    | 0.06%             | 2030-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation Revenue, Series 2021 A                    | CUSIP: 592647KN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1587256.16   | 0.12%             | 2051-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Las Vegas Convention & Visitors Authority                                             | Las Vegas Convention & Visitors Authority                                                     | CUSIP: 51771FAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022087.50   | 0.08%             | 2043-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2023A                                                      | CUSIP: 45204FUX1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4330000 | PA      | $4513642.23   | 0.35%             | 2048-05-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Rhode Island Commerce Corp.                                                           | Rhode Island Commerce Corp.                                                                   | CUSIP: 76218NAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1538600.19   | 0.12%             | 2041-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6528 | PA      | $38.56        | 0.00%             | 2065-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| CSCDA Community Improvement Authority                                                 | CSCDA Community Improvement Authority, Series 2020 A                                          | CUSIP: 126292AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1295950.95   | 0.10%             | 2054-01-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Series 2019 A                                           | CUSIP: 19648FJE5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1893888.00   | 0.15%             | 2043-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Aerotropolis Regional Transportation Authority                                        | Aerotropolis Regional Transportation Authority, Series 2024                                   | CUSIP: 008051AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1480212.15   | 0.12%             | 2054-12-01      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2025                                                         | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2538127.56   | 0.20%             | 2065-12-31      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                                | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063455.10   | 0.08%             | 2053-10-01      | Variable      | 5.50%                 | No            | 2                  | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority                                                | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2422500.00   | 0.19%             | 2055-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California Community Housing Agency                                                   | California Community Housing Agency, Series 2019 A                                            | CUSIP: 13013HAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $807990.60    | 0.06%             | 2049-04-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Georgia Housing & Finance Authority                                                   | Georgia Housing & Finance Authority, Series 2024 A                                            | CUSIP: 37353PMD8<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |    725000 | PA      | $767284.97    | 0.06%             | 2042-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                            | Pennsylvania Turnpike Commission Oil Franchise Tax                                            | CUSIP: 709221VJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027537.60   | 0.08%             | 2043-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Cook County Community College District No. 508                                        | Cook County Community College District No. 508, Series 2024                                   | CUSIP: 213187EE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1338434.50   | 0.11%             | 2039-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCN8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6933 | PA      | $41.61        | 0.00%             | 2059-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Ohio Housing Finance Agency                                                           | Ohio Housing Finance Agency, Series 2024 A                                                    | CUSIP: 67756Q6V4<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |    945000 | PA      | $914314.15    | 0.07%             | 2054-09-01      | Fixed         | 4.65%                 | No            | 2                  | On Loan: No      |
| Port of Beaumont Navigation District                                                  | Port of Beaumont Navigation District, Series 2020A                                            | CUSIP: 73360CAD6<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $748862.90    | 0.06%             | 2050-01-01      | Fixed         | 4.00%                 | Yes           | 2                  | On Loan: No      |
| Collegiate Charter School of Lowell                                                   | Collegiate Charter School of Lowell                                                           | CUSIP: 547649AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $120042.14    | 0.01%             | 2039-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204FNM3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $860710.00    | 0.07%             | 2043-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois State University                                                             | Illinois State University                                                                     | CUSIP: 452272E78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033182.40   | 0.08%             | 2033-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Series 2024                                                | CUSIP: 340618DT1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $745000.00    | 0.06%             | 2053-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Town of Apex NC                                                                       | Town of Apex, Series 2020 B                                                                   | CUSIP: 037591RY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $679272.95    | 0.05%             | 2033-06-01      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Sanger Unified School District                                                        | Sanger Unified School District, Series A                                                      | CUSIP: 800851UK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $362075.45    | 0.03%             | 2046-08-01      | Fixed         | 2.25%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2023                                        | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994122.90    | 0.08%             | 2060-06-30      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2025 F                                                 | CUSIP: 09182TGW1<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1060080.60   | 0.08%             | 2035-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                             | CUSIP: 452153AQ2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    660000 | PA      | $696052.90    | 0.05%             | 2036-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Utah UT                                                                     | County of Utah, Series 2014A                                                                  | CUSIP: 917393AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1397641.20   | 0.11%             | 2045-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| County of Broward FL Convention Center Hotel Revenue                                  | County of Broward, Series 2022                                                                | CUSIP: 115012AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1068837.88   | 0.08%             | 2047-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| George L Smith II Congress Center Authority                                           | George L Smith II Congress Center Authority, Series 2021 A                                    | CUSIP: 37255MAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $824289.50    | 0.06%             | 2054-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New York Liberty Development Corp.                                                    | New York Liberty Development Corp.                                                            | CUSIP: 649519DC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1991401.80   | 0.16%             | 2040-11-15      | Fixed         | 5.38%                 | Yes           | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                     | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2250067.73   | 0.18%             | 2050-01-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                    | CUSIP: 167505XM3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000804.10   | 0.08%             | 2036-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| University of Illinois                                                                | University of Illinois                                                                        | CUSIP: 914353U47<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510270.35   | 0.12%             | 2036-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Town of Rumford ME                                                                    | Town of Rumford                                                                               | CUSIP: 781433AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501158.10    | 0.04%             | 2026-10-01      | Fixed         | 6.88%                 | No            | 2                  | On Loan: No      |
| Georgia Housing & Finance Authority                                                   | Georgia Housing & Finance Authority, Series 2024 A                                            | CUSIP: 37353PMG1<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979155.30    | 0.08%             | 2054-12-01      | Fixed         | 4.70%                 | No            | 2                  | On Loan: No      |
| Charleston County Airport District                                                    | Charleston County Airport District, Series 2024A                                              | CUSIP: 160070EJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023289.00   | 0.08%             | 2049-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority, Series 2015 B                                          | CUSIP: 452252LE7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2774793.26   | 0.22%             | 2040-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2024A                                       | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1227824.96   | 0.10%             | 2054-12-31      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Series 2021 B                                       | CUSIP: 04052BQW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $768596.40    | 0.06%             | 2061-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2018                                                         | CUSIP: 74439YBG5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991808.10    | 0.08%             | 2058-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Beaumont TX Waterworks & Sewer System Revenue                                 | City of Beaumont, Series 2024                                                                 | CUSIP: 074561TD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510766.35    | 0.04%             | 2049-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Wildwood Utility Dependent District                                                   | Wildwood Utility Dependent District                                                           | CUSIP: 968214AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $804501.60    | 0.06%             | 2036-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                | Maine Health & Higher Educational Facilities Authority                                        | CUSIP: 56042RGC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1639438.18   | 0.13%             | 2035-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCH1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7338 | PA      | $44.74        | 0.00%             | 2054-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCF5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7490 | PA      | $45.99        | 0.00%             | 2052-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City & County of Denver                                                                       | CUSIP: 249182LW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005798.80   | 0.16%             | 2048-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Municipal Electric Authority of Georgia                                               | Municipal Electric Authority of Georgia, Series 2022A                                         | CUSIP: 62620HEL2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    750000 | PA      | $757997.03    | 0.06%             | 2052-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                      | CUSIP: 57584Y4S5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1207804.80   | 0.09%             | 2048-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                      | CUSIP: 57584XFW6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000294.70   | 0.08%             | 2045-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Onondaga Civic Development Corp.                                                      | Onondaga Civic Development Corp.                                                              | CUSIP: 682832DA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235049.51    | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Mississippi                                                                  | State of Mississippi, Series 2017 A                                                           | CUSIP: 605581JU2<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4016509.20   | 0.32%             | 2036-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission                                                              | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $518894.10    | 0.04%             | 2052-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Rampart Range Metropolitan District No. 1                                             | Rampart Range Metropolitan District No. 1                                                     | CUSIP: 75157TAA7<br>LEI: 549300YG458KQEHMQF33 | Long             | DBT              | MUN               | US        |    425000 | PA      | $428581.86    | 0.03%             | 2042-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                      | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450628 | PA      | $451982.44    | 0.04%             | 2034-01-20      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Pittsburgh Water & Sewer Authority                                                    | Pittsburgh Water & Sewer Authority, Series 2026A                                              | CUSIP: 725304D71<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509694.70    | 0.04%             | 2056-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| BlackRock Liquidity Funds MuniCash                                                    | BlackRock Liquidity Funds MuniCash, Class Institutional                                       | CUSIP: 09248U841<br>LEI: 549300RWBJ885673DL84 | Long             | STIV             | RF                | US        |  33191608 | NS      | $33194927.64  | 2.61%             |  |  |  | No            | 1                  | On Loan: No      |
| Louisiana Offshore Terminal Authority                                                 | Louisiana Offshore Terminal Authority, Series 2013C                                           | CUSIP: 546510FU7<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1013276.90   | 0.08%             | 2034-09-01      | Variable      | 4.20%                 | No            | 2                  | On Loan: No      |
| City of Lathrop CA                                                                    | City of Lathrop                                                                               | CUSIP: 51825PBH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989374.10    | 0.08%             | 2049-09-01      | Fixed         | 5.60%                 | No            | 2                  | On Loan: No      |
| New Jersey Turnpike Authority                                                         | New Jersey Turnpike Authority                                                                 | CUSIP: 646140EU3<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1824811.45   | 0.14%             | 2052-01-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| County of Burleigh ND                                                                 | County of Burleigh                                                                            | CUSIP: 12139LAA0<br>LEI: 549300O9YPNGKFXM8354 | Long             | DBT              | MUN               | US        |    200000 | PA      | $199986.22    | 0.02%             | 2026-04-15      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| Copper Ridge Metropolitan District                                                    | Copper Ridge Metropolitan District                                                            | CUSIP: 217558AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500531.85    | 0.04%             | 2039-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Central Texas Turnpike System                                                         | Central Texas Turnpike System, Series 2024 C                                                  | CUSIP: 88283KCH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $962426.16    | 0.08%             | 2042-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Nuveen New York AMT-Free Quality Municipal Income Fund                                | Nuveen New York AMT-Free Quality Municipal Income Fund                                        | CUSIP: 670656107<br>LEI: 549300V4X2BF3UXSCQ58 | Long             |  | RF                | US        |        44 | NS      | $449.24       | 0.00%             |  |  |  | No            | 1                  | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton                                                                            | CUSIP: 407272V91<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1124935.10   | 0.09%             | 2041-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Yellow Springs Exempt Village School District                                         | Yellow Springs Exempt Village School District, Series 2024                                    | CUSIP: 985607DN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038993.00   | 0.08%             | 2060-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2024                                        | CUSIP: 650116HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1847548.51   | 0.14%             | 2060-06-30      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Philadelphia Authority for Industrial Development                                     | Philadelphia Authority for Industrial Development, Series 2024B2                              | CUSIP: 717901CE0<br>LEI: 549300DIY68KQZEW7M79 | Long             | STIV             | MUN               | US        |    100000 | PA      | $100000.00    | 0.01%             | 2054-07-01      | Variable      | 2.65%                 | No            | 2                  | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A   | CUSIP: 79766DWW5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1501631.67   | 0.12%             | 2044-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Kentucky Municipal Energy Agency                                                      | Kentucky Municipal Energy Agency, Series 2025                                                 | CUSIP: 491499AU3<br>LEI: 254900W8G3M70YHUAO94 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1512724.80   | 0.12%             | 2055-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Los Angeles Department of Water & Power                                               | Los Angeles Department of Water & Power, Series 2018 D                                        | CUSIP: 5444955T7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042538.80   | 0.08%             | 2031-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Lakewood Ranch Stewardship District                                                   | Lakewood Ranch Stewardship District, Series 2017                                              | CUSIP: 51265KBF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1229352.84   | 0.10%             | 2047-05-01      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                                    | City of Garland                                                                               | CUSIP: 366133RN8<br>LEI: 549300O5KXJ5HAWVEN53 | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1256234.54   | 0.10%             | 2038-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| East Hempfield Township Industrial Development Authority                              | East Hempfield Township Industrial Development Authority                                      | CUSIP: 273007CN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265075.50    | 0.02%             | 2039-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Lyons-Decatur Northeast Schools                                                       | Lyons-Decatur Northeast Schools                                                               | CUSIP: 122873AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $920693.97    | 0.07%             | 2052-12-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Mobile County Industrial Development Authority                                        | Mobile County Industrial Development Authority, Series 2024 B                                 | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $919322.70    | 0.07%             | 2054-12-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Massachusetts Port Authority                                                          | Massachusetts Port Authority, Series 2021 E                                                   | CUSIP: 575896YK5<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |    420000 | PA      | $421686.80    | 0.03%             | 2051-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                    | CUSIP: 596126DQ2<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928160.90    | 0.07%             | 2041-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission                                                              | CUSIP: 709225BB1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $922499.30    | 0.07%             | 2045-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                           | University of Wisconsin Hospitals & Clinics                                                   | CUSIP: 915260DG5<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019468.00   | 0.08%             | 2043-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Boulder Valley School District No. Re-2 Boulder                                       | Boulder Valley School District No. Re-2 Boulder, Series 2015                                  | CUSIP: 101547UY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $992890.70    | 0.08%             | 2042-12-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Pico Rivera Water Authority                                                           | Pico Rivera Water Authority                                                                   | CUSIP: 719889AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $962190.56    | 0.08%             | 2029-05-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                        | Metropolitan Nashville Airport Authority (The)                                                | CUSIP: 592190QY1<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029007.60   | 0.08%             | 2047-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2025 F                                | CUSIP: 13013JHH2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070550.40   | 0.08%             | 2033-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Hillsborough County Aviation Authority                                                | Hillsborough County Aviation Authority                                                        | CUSIP: 432308H64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031829.80   | 0.16%             | 2043-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports                                                    | CUSIP: 544445GY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005968.20   | 0.08%             | 2048-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of San Bernardino CA                                                           | County of San Bernardino                                                                      | CUSIP: 796844SH2<br>LEI: 254900RTS8DDNPA7MX91 | Long             | DBT              | MUN               | US        |    700000 | PA      | $638665.44    | 0.05%             | 2042-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2021 A                                                  | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1365920.69   | 0.11%             | 2052-07-01      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                         | CUSIP: 71885MBH4<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    645000 | PA      | $648179.08    | 0.05%             | 2036-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2019 A                                                  | CUSIP: 56035DBW1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008671.50   | 0.08%             | 2049-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Series 2023A                                                       | CUSIP: 45470YFG1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1591489.80   | 0.12%             | 2042-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Kentucky Municipal Power Agency                                                       | Kentucky Municipal Power Agency                                                               | CUSIP: 491501EL2<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |    765000 | PA      | $769627.49    | 0.06%             | 2032-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority, Series 2019A                                                      | CUSIP: 59447TUH4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009540.30   | 0.08%             | 2048-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                         | CUSIP: 70868YAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1554831.60   | 0.12%             | 2062-12-31      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| South Tahoe Joint Powers Financing Authority                                          | South Tahoe Joint Powers Financing Authority                                                  | CUSIP: 84049BHK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000309.80   | 0.08%             | 2034-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCM0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6984 | PA      | $42.04        | 0.00%             | 2058-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74446HAB5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $780000.00    | 0.06%             | 2037-12-01      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                          | CUSIP: 19648FWU4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509087.00    | 0.04%             | 2052-11-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                    | CUSIP: 594479BT3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    160000 | PA      | $147707.86    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                             | CUSIP: 452152Q61<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012721.40   | 0.08%             | 2026-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Louisiana Stadium & Exposition District                                               | Louisiana Stadium & Exposition District                                                       | CUSIP: 546410CY5<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029307.90   | 0.08%             | 2053-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Calexico Unified School District                                                      | Calexico Unified School District                                                              | CUSIP: 129577LU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $952415.17    | 0.07%             | 2052-08-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| FSU Financial Assistance, Inc.                                                        | FSU Financial Assistance, Inc.                                                                | CUSIP: 302644ED7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001857.30   | 0.08%             | 2030-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                    | Tobacco Settlement Financing Corp.                                                            | CUSIP: 888808HM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1659826.60   | 0.13%             | 2036-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Carson City NV                                                                        | Carson City NV                                                                                | CUSIP: 145810DT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $242242.18    | 0.02%             | 2037-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority                                               | CUSIP: 13013JBJ4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506200.80    | 0.04%             | 2053-05-01      | Variable      | 4.00%                 | No            | 2                  | On Loan: No      |
| Scranton-Lackawanna Health and Welfare Authority                                      | Scranton-Lackawanna Health and Welfare Authority                                              | CUSIP: 810694L72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $853150.70    | 0.07%             | 2046-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Central Texas Regional Mobility Authority                                             | Central Texas Regional Mobility Authority                                                     | CUSIP: 155498AV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1047303.91   | 0.08%             | 2027-01-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Washington Convention & Sports Authority                                              | Washington Convention & Sports Authority                                                      | CUSIP: 93878LCH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510279.50    | 0.04%             | 2035-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Susquehanna Area Regional Airport Authority                                           | Susquehanna Area Regional Airport Authority                                                   | CUSIP: 86909RBG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $276121.59    | 0.02%             | 2035-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Dawson Trails Metropolitan District No. 1                                             | Dawson Trails Metropolitan District No. 1, Series 2024                                        | CUSIP: 23945PAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1059467 | PA      | $691554.37    | 0.05%             | 2031-12-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Texas Water Development Board                                                         | Texas Water Development Board, Series 2018 B                                                  | CUSIP: 882854Q54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969107.80    | 0.08%             | 2043-10-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp.                                                        | CUSIP: 187145CE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1343925.00   | 0.11%             | 2049-12-01      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| New York Liberty Development Corp.                                                    | New York Liberty Development Corp.                                                            | CUSIP: 649519EL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $610733.11    | 0.05%             | 2042-02-15      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| New York Counties Tobacco Trust VI                                                    | New York Counties Tobacco Trust VI                                                            | CUSIP: 64945JAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $355788.65    | 0.03%             | 2035-06-01      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act                                   | CUSIP: 64461XFR1<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    215000 | PA      | $220790.25    | 0.02%             | 2037-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Port of Beaumont Navigation District                                                  | Port of Beaumont Navigation District, Series 2024A                                            | CUSIP: 73360CAQ7<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    750000 | PA      | $711772.28    | 0.06%             | 2044-01-01      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| South Jersey Port Corp.                                                               | South Jersey Port Corp.                                                                       | CUSIP: 838530RF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015832.90   | 0.08%             | 2037-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                   | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |     61305 | PA      | $62495.18     | 0.00%             | 2027-07-01      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| Health Care Authority for Baptist Health (The)                                        | Health Care Authority for Baptist Health (The)                                                | CUSIP: 42219UCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050637.60   | 0.08%             | 2036-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                      | CUSIP: 646080TV3<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    500000 | PA      | $519145.95    | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74447DAB3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510129.70    | 0.04%             | 2042-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                               | City of Philadelphia, Airport Revenue                                                         | CUSIP: 717817WU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $945813.10    | 0.07%             | 2040-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                     | Chicago Transit Authority Sales Tax Receipts Fund                                             | CUSIP: 16772PDK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1935617.72   | 0.15%             | 2046-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Hess Ranch Metropolitan District No. 5                                                | Hess Ranch Metropolitan District No. 5, Series 2024                                           | CUSIP: 428111AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506510.00    | 0.04%             | 2044-12-01      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Mediterra South Community Development District                                        | Mediterra South Community Development District                                                | CUSIP: 58500YAX6<br>LEI: 549300K93D7HYW1USW52 | Long             | DBT              | MUN               | US        |    355000 | PA      | $355170.54    | 0.03%             | 2034-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| BlackRock MuniHoldings Fund, Inc.                                                     | BlackRock MuniHoldings Fund, Inc.                                                             | CUSIP: 09253N104<br>LEI: MZBVMGS24JR92TGE6Z32 | Long             |  | RF                | US        |     53234 | NS      | $600479.52    | 0.05%             |  |  |  | No            | 1                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2023C                                                   | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1388306.70   | 0.11%             | 2053-09-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Yosemite Community College District                                                   | Yosemite Community College District, Series 2010D                                             | CUSIP: 987388DT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $448932.35    | 0.04%             | 2042-08-01      | Variable      | 0.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                                | CUSIP: 64613CAE8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $489309.50    | 0.04%             | 2042-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Duluth Economic Development Authority                                                 | Duluth Economic Development Authority, Series 2018 A                                          | CUSIP: 26444CHG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $945037.00    | 0.07%             | 2058-02-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority                                                         | CUSIP: 59261AE52<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1696023.80   | 0.13%             | 2054-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Harbor Point Infrastructure Improvement District                                      | Harbor Point Infrastructure Improvement District                                              | CUSIP: 41154VAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010012.80   | 0.08%             | 2039-04-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                      | CUSIP: 592250DM3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1350323.62   | 0.11%             | 2050-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2025 A                                                 | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527931.35   | 0.12%             | 2056-05-01      | Variable      | 5.25%                 | No            | 2                  | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority                                                   | CUSIP: 928104PS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $476601.20    | 0.04%             | 2040-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Southeast Alabama Gas Supply District (The)                                           | Southeast Alabama Gas Supply District (The), Series 2024A                                     | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3180435.90   | 0.25%             | 2054-08-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority                                               | CUSIP: 49126KKF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1978995.00   | 0.16%             | 2045-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2026                                                         | CUSIP: 74442PX67<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253522.15    | 0.02%             | 2048-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Stonebrier Community Development District                                             | Stonebrier Community Development District                                                     | CUSIP: 861779AN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99996.57     | 0.01%             | 2037-05-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                         | Allentown Neighborhood Improvement Zone Development Authority, Series 2024 A                  | CUSIP: 018444CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202565.66    | 0.02%             | 2042-05-01      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                              | Texas Transportation Commission State Highway 249 System                                      | CUSIP: 88283NAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $571103.10    | 0.04%             | 2040-08-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Series 2025A                                     | CUSIP: 93978LJQ0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1989609.40   | 0.16%             | 2064-07-01      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                                | South Dakota Health & Educational Facilities Authority, Series 2015                           | CUSIP: 83755VX25<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |    690000 | PA      | $691641.65    | 0.05%             | 2045-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Washington Airports Authority Dulles Toll Road Revenue                   | Metropolitan Washington Airports Authority Dulles Toll Road Revenue                           | CUSIP: 592643CY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $753965.40    | 0.06%             | 2035-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston                                                                               | CUSIP: 442349GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1366105.65   | 0.11%             | 2041-07-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Putnam County Development Authority/FL                                                | Putnam County Development Authority                                                           | CUSIP: 746507AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $690420.59    | 0.05%             | 2042-03-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2003 A                                       | CUSIP: 64468CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034568.00   | 0.08%             | 2033-10-01      | Fixed         | 4.50%                 | No            | 2                  | On Loan: No      |
| Philadelphia Housing Authority                                                        | Philadelphia Housing Authority, Series 2025A                                                  | CUSIP: 71783TAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512421.00    | 0.04%             | 2045-03-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                                | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2046267.60   | 0.16%             | 2053-02-01      | Variable      | 5.25%                 | No            | 2                  | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                      | Washington Metropolitan Area Transit Authority Dedicated, Series 2024 A                       | CUSIP: 93878YDV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017115.20   | 0.08%             | 2054-07-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Washington State Convention Center Public Facilities District                         | Washington State Convention Center Public Facilities District, Series 2018                    | CUSIP: 93976ACF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $976220.50    | 0.08%             | 2048-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Denver Health & Hospital Authority                                                    | Denver Health & Hospital Authority, Series 2025A                                              | CUSIP: 24918EEN6<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    335000 | PA      | $331175.04    | 0.03%             | 2050-12-01      | Fixed         | 5.12%                 | No            | 2                  | On Loan: No      |
| Onondaga Civic Development Corp.                                                      | Onondaga Civic Development Corp.                                                              | CUSIP: 682832DB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496550.55    | 0.04%             | 2045-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2025 B                                                 | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003430.00   | 0.16%             | 2035-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Miami-Dade County Industrial Development Authority                                    | Miami-Dade County Industrial Development Authority, Series 2026 A1                            | CUSIP: 59334JAE1<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026378.70   | 0.08%             | 2065-07-01      | Variable      | 5.38%                 | Yes           | 2                  | On Loan: No      |
| Washington State Convention Center Public Facilities District                         | Washington State Convention Center Public Facilities District                                 | CUSIP: 93976ADW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $996356.43    | 0.08%             | 2058-07-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Iowa Finance Authority                                                                | Iowa Finance Authority                                                                        | CUSIP: 46246SAE5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2520191.77   | 0.20%             | 2042-08-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Colorado High Performance Transportation Enterprise                                   | Colorado High Performance Transportation Enterprise, Series 2017                              | CUSIP: 19648DAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974396.60    | 0.08%             | 2051-12-31      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Hempstead Town Local Development Corp.                                                | Hempstead Town Local Development Corp.                                                        | CUSIP: 424685AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $770841.50    | 0.06%             | 2051-02-01      | Fixed         | 4.60%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                   | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |     42853 | PA      | $41416.34     | 0.00%             | 2037-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2025A                                                        | CUSIP: 74439YGV7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011349.20   | 0.08%             | 2055-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Jonathan Alder Local School District                                                  | Jonathan Alder Local School District, Series 2026                                             | CUSIP: 479880EV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513522.35    | 0.04%             | 2055-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| SA Energy Acquisition Public Facility Corp.                                           | SA Energy Acquisition Public Facility Corp.                                                   | CUSIP: 785138AV0<br>LEI: 5493006HRL5XH4QOE746 | Long             | DBT              | MUN               | US        |    290000 | PA      | $297817.39    | 0.02%             | 2027-08-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency, Series 45                                              | CUSIP: 658207D28<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $988833.40    | 0.08%             | 2051-07-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Denton Independent School District                                                    | Denton Independent School District, Series 2023                                               | CUSIP: 249002MC7<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018600.10   | 0.08%             | 2053-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2020                                                               | CUSIP: 407272Y49<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1413758.70   | 0.11%             | 2050-09-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Municipal Electric Authority of Georgia                                               | Municipal Electric Authority of Georgia                                                       | CUSIP: 62620HGQ9<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1350243.83   | 0.11%             | 2055-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority                  | Metropolitan Government Nashville & Davidson County Sports Authority, Series 2023A            | CUSIP: 592090KA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029984.60   | 0.08%             | 2056-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| University of South Carolina                                                          | University of South Carolina                                                                  | CUSIP: 914849HP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3024047.40   | 0.24%             | 2043-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Series 2018A                                            | CUSIP: 167593L59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000176.70   | 0.08%             | 2048-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Mission Economic Development Corp.                                                    | Mission Economic Development Corp.                                                            | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500613.95    | 0.04%             | 2031-10-01      | Fixed         | 4.62%                 | Yes           | 2                  | On Loan: No      |
| City of Deephaven MN                                                                  | City of Deephaven                                                                             | CUSIP: 24380HAR3<br>LEI: 5493005IOLNBTFT2MD86 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250100.88    | 0.02%             | 2040-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Grand Parkway Transportation Corp.                                                    | Grand Parkway Transportation Corp.                                                            | CUSIP: 38611TBP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028091.30   | 0.08%             | 2038-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Lincoln Park Metropolitan District                                                    | Lincoln Park Metropolitan District                                                            | CUSIP: 534550BE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1813701.93   | 0.14%             | 2042-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                    | CUSIP: 59447TXH1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862638.20    | 0.07%             | 2049-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Roanoke Economic Development Authority                                                | Roanoke Economic Development Authority, Series 2020 A                                         | CUSIP: 770082BZ7<br>LEI: 549300P5QQORJY0U4T83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061173.50   | 0.08%             | 2047-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Series N                                            | CUSIP: 57585BPA0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033929.90   | 0.08%             | 2050-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Arlington Higher Education Finance Corp.                                              | Arlington Higher Education Finance Corp.                                                      | CUSIP: 041806PT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $78576.14     | 0.01%             | 2048-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Joliet IL Waterworks & Sewerage Revenue                                       | City of Joliet, Series 2025                                                                   | CUSIP: 479790KX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2069882.80   | 0.16%             | 2050-01-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| City of Lathrop CA                                                                    | City of Lathrop                                                                               | CUSIP: 518252EU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $490599.12    | 0.04%             | 2040-09-02      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Polk FL Utility System Revenue                                              | County of Polk                                                                                | CUSIP: 731167GG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978327.60    | 0.08%             | 2043-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax                                               | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1125000 | PA      | $1109980.24   | 0.09%             | 2040-07-01      | Fixed         | 4.33%                 | No            | 2                  | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                     | CUSIP: 64577BM84<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101157.34    | 0.01%             | 2032-07-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Miami-Dade FL Transit System                                                | County of Miami-Dade                                                                          | CUSIP: 59334PGT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1793222.80   | 0.14%             | 2048-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2022B                                                   | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043650.30   | 0.08%             | 2052-12-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Port of Tacoma WA                                                                     | Port of Tacoma, Series B                                                                      | CUSIP: 735439PH8<br>LEI: 549300MLYO8L64QKXV81 | Long             | DBT              | MUN               | US        |    700000 | PA      | $709318.75    | 0.06%             | 2028-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                               | CUSIP: 735389V96<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2538894.00   | 0.20%             | 2047-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Chillicothe OH                                                                | City of Chillicothe, Series 2017                                                              | CUSIP: 169203AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1939122.20   | 0.15%             | 2047-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                     | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2999873.10   | 0.24%             | 2046-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of South Miami Health Facilities Authority, Inc.                                 | City of South Miami Health Facilities Authority, Inc., Series 2017                            | CUSIP: 838810EE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1545941.94   | 0.12%             | 2047-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCP3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6882 | PA      | $41.19        | 0.00%             | 2060-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| King County School District No. 406 Tukwila                                           | King County School District No. 406 Tukwila                                                   | CUSIP: 495116HT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1563680.51   | 0.12%             | 2031-12-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| University System of Maryland                                                         | University System of Maryland, Series 2021 A                                                  | CUSIP: 91440ABA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $910907.60    | 0.07%             | 2051-04-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                             | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1573688.70   | 0.12%             | 2054-01-01      | Variable      | 5.25%                 | No            | 2                  | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2021 D                                     | CUSIP: 544445VD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1751757.20   | 0.14%             | 2051-05-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation Revenue                                   | CUSIP: 592647DC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1511680.43   | 0.12%             | 2036-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Denver Convention Center Hotel Authority                                              | Denver Convention Center Hotel Authority                                                      | CUSIP: 249189DN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502871.50    | 0.04%             | 2034-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Hawaii Airports System Revenue                                               | State of Hawaii Airports System Revenue                                                       | CUSIP: 419794A51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003508.80   | 0.08%             | 2048-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Lee County School Board (The)                                                         | Lee County School Board (The)                                                                 | CUSIP: 523494SG8<br>LEI: 54930014H67DITNA1Q29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2093411.20   | 0.16%             | 2050-08-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                 | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046730.80   | 0.08%             | 2053-06-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax                                               | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4300000 | PA      | $4094137.50   | 0.32%             | 2058-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                     | CUSIP: 645912DT0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350132.27    | 0.03%             | 2049-10-01      | Fixed         | 6.30%                 | Yes           | 2                  | On Loan: No      |
| Village of Morton Grove IL Tax Increment Revenue                                      | Village of Morton Grove, Series 2019                                                          | CUSIP: 619295AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1493684.70   | 0.12%             | 2039-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| BlackRock MuniYield Quality Fund, Inc.                                                | BlackRock MuniYield Quality Fund, Inc.                                                        | CUSIP: 09254F100<br>LEI: TFKEE3VA3GBE5LOK5U77 | Long             |  | RF                | US        |     64087 | NS      | $703675.26    | 0.06%             |  |  |  | No            | 1                  | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority, Series 2024A                                           | CUSIP: 59261A2H9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1659062.38   | 0.13%             | 2048-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority, Series 2025 B                                    | CUSIP: 79739GTA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $737932.53    | 0.06%             | 2043-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Lee County Industrial Development Authority/FL                                        | Lee County Industrial Development Authority                                                   | CUSIP: 52349KBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100006.75    | 0.01%             | 2042-06-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| State of Illinois Sales Tax Revenue                                                   | State of Illinois Sales Tax                                                                   | CUSIP: 452227MD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003769.40   | 0.16%             | 2030-06-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Los Angeles Department of Water & Power                                               | Los Angeles Department of Water & Power, Series 2019 D                                        | CUSIP: 544532AG9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    830000 | PA      | $875978.85    | 0.07%             | 2032-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Patriots Energy Group Financing Agency                                                | Patriots Energy Group Financing Agency, Series 2023 A-1                                       | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |    500000 | PA      | $537872.65    | 0.04%             | 2054-10-01      | Variable      | 5.25%                 | No            | 2                  | On Loan: No      |
| County of Ohio WV Special District Excise Tax Revenue                                 | County of Ohio, Series 2025A                                                                  | CUSIP: 67732PEZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053778.30   | 0.08%             | 2045-06-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The), Series 2021 A                                          | CUSIP: 717883ZF2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $987615.80    | 0.08%             | 2041-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority         | CUSIP: 54628CEP3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008884.60   | 0.08%             | 2043-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Salt Verde Financial Corp.                                                            | Salt Verde Financial Corp.                                                                    | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   1995000 | PA      | $2123782.44   | 0.17%             | 2032-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax                                  | CUSIP: 167510BJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2617092.00   | 0.21%             | 2048-04-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| High Star Ranch Infrastructure Financing District                                     | High Star Ranch Infrastructure Financing District, Series 2026                                | CUSIP: 42980KAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000113.60   | 0.08%             | 2055-12-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2025 E                                                 | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    500000 | PA      | $529207.85    | 0.04%             | 2055-12-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2023                                        | CUSIP: 650116GW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048127.10   | 0.08%             | 2044-06-30      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Series 2022                            | CUSIP: 70868YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1299395.88   | 0.10%             | 2048-06-30      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Territory of Guam                                                                     | Territory of Guam                                                                             | CUSIP: 40065NCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    250000 | PA      | $238157.05    | 0.02%             | 2042-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Colorado Bridge & Tunnel Enterprise                                                   | Colorado Bridge & Tunnel Enterprise, Series 2024 A                                            | CUSIP: 19633TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058187.40   | 0.08%             | 2054-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| IPS Multi-School Building Corp.                                                       | IPS Multi-School Building Corp., Series 2024                                                  | CUSIP: 46263RTY1<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |    400000 | PA      | $420157.04    | 0.03%             | 2044-07-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                        | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001364.80   | 0.08%             | 2054-12-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Lake County Community High School District No. 115 Lake Forest                        | Lake County Community High School District No. 115 Lake Forest, Series 2023                   | CUSIP: 509102JD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1841982.29   | 0.14%             | 2043-11-01      | Fixed         | 4.25%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCG3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7388 | PA      | $45.20        | 0.00%             | 2053-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Santa Monica-Malibu Unified School District                                           | Santa Monica-Malibu Unified School District                                                   | CUSIP: 802498YR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $406349.55    | 0.03%             | 2044-08-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Allegheny County Higher Education Building Authority                                  | Allegheny County Higher Education Building Authority                                          | CUSIP: 01728RMS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $315758.66    | 0.02%             | 2037-10-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| San Joaquin Hills Transportation Corridor Agency                                      | San Joaquin Hills Transportation Corridor Agency                                              | CUSIP: 798111DE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $354454.07    | 0.03%             | 2034-01-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Wildwood Utility Dependent District                                                   | Wildwood Utility Dependent District                                                           | CUSIP: 968214BD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026963.90   | 0.08%             | 2046-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York Liberty Development Corp.                                                    | New York Liberty Development Corp., Series 1WTC-2021                                          | CUSIP: 649519EM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $943967.30    | 0.07%             | 2043-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2025A                                      | CUSIP: 5444453D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056560.30   | 0.08%             | 2055-05-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority                                               | CUSIP: 64972GVL5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510986.95    | 0.04%             | 2049-06-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Pensacola FL Airport Revenue                                                  | City of Pensacola, Series 2025                                                                | CUSIP: 709427FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053901.20   | 0.08%             | 2050-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Idaho Housing & Finance Association                                                   | Idaho Housing & Finance Association                                                           | CUSIP: 45129GDE2<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    370000 | PA      | $376242.97    | 0.03%             | 2039-07-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Brookhaven Development Authority                                                      | Brookhaven Development Authority                                                              | CUSIP: 113073AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963025.80    | 0.08%             | 2044-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Series 2024A-1                                             | CUSIP: 34062AAD3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    180000 | PA      | $172614.82    | 0.01%             | 2054-06-01      | Fixed         | 5.25%                 | Yes           | 2                  | On Loan: No      |
| City of Miami Beach FL                                                                | City of Miami Beach, Series 2023 A                                                            | CUSIP: 593201ZV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $441245.03    | 0.03%             | 2053-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2025B                                                   | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262653.53    | 0.02%             | 2055-12-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2025                                        | CUSIP: 650116JP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2925708.97   | 0.23%             | 2055-06-30      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2025                               | CUSIP: 837031J79<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999040.40    | 0.08%             | 2056-04-01      | Fixed         | 5.38%                 | No            | 2                  | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority                                                   | CUSIP: 93978HYL3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000855.20   | 0.08%             | 2041-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Town of Westlake TX                                                                   | Town of Westlake                                                                              | CUSIP: 96048SAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $175020.90    | 0.01%             | 2035-09-01      | Fixed         | 6.12%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                   | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |     71485 | PA      | $51959.12     | 0.00%             | 2033-07-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority, Series 2018 A                         | CUSIP: 13080SVN1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017851.60   | 0.08%             | 2058-12-01      | Fixed         | 5.50%                 | Yes           | 2                  | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                    | CUSIP: 59447TSN4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $891066.60    | 0.07%             | 2048-11-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp.                                            | CUSIP: 762197E64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $512545.37    | 0.04%             | 2050-11-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204EUT3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    425000 | PA      | $434046.34    | 0.03%             | 2027-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                        | Metropolitan Nashville Airport Authority (The), Series 2022B                                  | CUSIP: 592190QU9<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1090896.90   | 0.09%             | 2039-07-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority, Series 2025 E                                                 | CUSIP: 9445142F4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076843.20   | 0.08%             | 2043-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Series 2018A                                            | CUSIP: 19648FGQ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    750000 | PA      | $660488.18    | 0.05%             | 2048-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                | Maine Health & Higher Educational Facilities Authority                                        | CUSIP: 56042RH47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501358.00    | 0.04%             | 2039-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| La Paz County Industrial Development Authority                                        | La Paz County Industrial Development Authority                                                | CUSIP: 50376HAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $991156.20    | 0.08%             | 2038-06-15      | Fixed         | 5.75%                 | Yes           | 2                  | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2024B                                                                 | CUSIP: 7353892Q0<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1606996.65   | 0.13%             | 2043-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City, Airport Revenue                                                       | CUSIP: 795576HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011750.70   | 0.08%             | 2048-07-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority, Series 2018 A                               | CUSIP: 13032URN0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1634496.36   | 0.13%             | 2042-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Hannibal Industrial Development Authority                                             | Hannibal Industrial Development Authority                                                     | CUSIP: 410632CN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $613231.81    | 0.05%             | 2042-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Louisa Industrial Development Authority                                               | Louisa Industrial Development Authority, Series 2008 B                                        | CUSIP: 546068AZ0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $993990.20    | 0.08%             | 2035-11-01      | Variable      | 3.12%                 | No            | 2                  | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                                | CUSIP: 6461364X6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066776.00   | 0.16%             | 2043-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Red River Health Facilities Development Corp.                                         | Red River Health Facilities Development Corp.                                                 | CUSIP: 75687RAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $570000.00    | 0.04%             | 2047-12-15      | Fixed         | 7.25%                 | No            | 2                  | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                     | CUSIP: 5742182Q5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1070364.83   | 0.08%             | 2045-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority                                                            | CUSIP: 392274R57<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1684120.19   | 0.13%             | 2046-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Invesco Trust for Investment Grade Municipals                                         | Invesco Trust for Investment Grade Municipals                                                 | CUSIP: 46131M106<br>LEI: V0VF67S6NRLBDK357F71 | Long             |  | RF                | US        |     18960 | NS      | $187135.20    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Port of Portland OR Airport Revenue                                                   | Port of Portland, Series 26A                                                                  | CUSIP: 735240T86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450163.31    | 0.04%             | 2040-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                          | Los Angeles Department of Water & Power Water System, Series 2025 C                           | CUSIP: 5445252S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1313600.00   | 0.10%             | 2045-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Tacoma Consolidated Local Improvement Districts                                       | Tacoma Consolidated Local Improvement Districts                                               | CUSIP: 873472EH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $145091.61    | 0.01%             | 2043-04-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| TSASC, Inc./NY                                                                        | TSASC, Inc.                                                                                   | CUSIP: 898526FQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $897759.15    | 0.07%             | 2045-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| PIMCO Municipal Income Fund II                                                        | PIMCO Municipal Income Fund II                                                                | CUSIP: 72200W106<br>LEI: ZVT714KPY3QTZWRT1S41 | Long             |  | RF                | US        |     48321 | NS      | $365789.97    | 0.03%             |  |  |  | No            | 1                  | On Loan: No      |
| Idaho Housing & Finance Association                                                   | Idaho Housing & Finance Association                                                           | CUSIP: 45129GDF9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    415000 | PA      | $416565.26    | 0.03%             | 2049-07-01      | Fixed         | 6.00%                 | Yes           | 2                  | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority                                                  | CUSIP: 59465PAV0<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1003292.38   | 0.08%             | 2036-10-01      | Fixed         | 2.12%                 | No            | 2                  | On Loan: No      |
| Town of Davie FL                                                                      | Town of Davie                                                                                 | CUSIP: 23867PBU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011701.80   | 0.16%             | 2048-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Southern California Public Power Authority                                            | Southern California Public Power Authority                                                    | CUSIP: 842471AX2<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |    565000 | PA      | $591394.31    | 0.05%             | 2029-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Muskogee Industrial Trust                                                             | Muskogee Industrial Trust                                                                     | CUSIP: 62813NBC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1043439.49   | 0.08%             | 2032-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp., Series 2023                                        | CUSIP: 650116GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1916410.65   | 0.15%             | 2049-06-30      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7085 | PA      | $44.43        | 0.00%             | 2047-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Canyon Falls Municipal Utility District No. 1                                         | Canyon Falls Municipal Utility District No. 1, Series 2021                                    | CUSIP: 138851BQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $119426.28    | 0.01%             | 2038-02-15      | Fixed         | 2.75%                 | No            | 2                  | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority                                                            | CUSIP: 65000BAS7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    500000 | PA      | $435626.80    | 0.03%             | 2048-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority, Series FISCAL2024CC SUB CC1                  | CUSIP: 64972GH98<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1562858.55   | 0.12%             | 2054-06-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| New York Liberty Development Corp.                                                    | New York Liberty Development Corp.                                                            | CUSIP: 649519DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501261.50   | 0.12%             | 2044-11-15      | Fixed         | 7.25%                 | Yes           | 2                  | On Loan: No      |
| Maricopa County Pollution Control Corp.                                               | Maricopa County Pollution Control Corp.                                                       | CUSIP: 566854EM3<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |    500000 | PA      | $425819.75    | 0.03%             | 2035-06-01      | Fixed         | 2.40%                 | No            | 2                  | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                      | CUSIP: 592250EW0<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    500000 | PA      | $471746.45    | 0.04%             | 2042-12-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority                                                             | CUSIP: 451295WA3<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300118.35    | 0.02%             | 2034-07-01      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| City of Horace ND                                                                     | City of Horace, Series 2026A                                                                  | CUSIP: 440365KA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $289077.60    | 0.02%             | 2052-05-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                          | CUSIP: 19648FJZ8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969891.70    | 0.08%             | 2039-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Sacramento City Financing Authority                                                   | Sacramento City Financing Authority, Series E                                                 | CUSIP: 785849VB3<br>LEI: 549300D8GE38KYE3NW14 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2547660.75   | 0.20%             | 2026-12-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Build NYC Resource Corp.                                                              | Build NYC Resource Corp., Series 2026B                                                        | CUSIP: 12008EYD2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    750000 | PA      | $771156.30    | 0.06%             | 2036-06-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Verve Metropolitan District No. 1                                                     | Verve Metropolitan District No. 1                                                             | CUSIP: 92538YAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $932778.80    | 0.07%             | 2041-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority                                       | CUSIP: 613603YU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $666826.88    | 0.05%             | 2037-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Homewood Educational Building Authority                                               | Homewood Educational Building Authority, Series 2024 A                                        | CUSIP: 43788VAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012110.60   | 0.08%             | 2049-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204EUS5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    700000 | PA      | $703676.54    | 0.06%             | 2026-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured, Series FISCAL 2026 B         | CUSIP: 64972JXP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $621757.31    | 0.05%             | 2047-05-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| California Pollution Control Financing Authority                                      | California Pollution Control Financing Authority                                              | CUSIP: 13054WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001465.20   | 0.08%             | 2037-07-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| New York Liberty Development Corp.                                                    | New York Liberty Development Corp.                                                            | CUSIP: 649519EZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $733089.40    | 0.06%             | 2050-09-15      | Fixed         | 3.12%                 | No            | 2                  | On Loan: No      |
| Delaware Transportation Authority                                                     | Delaware Transportation Authority                                                             | CUSIP: 246430AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499931.15   | 0.12%             | 2055-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority                                                           | CUSIP: 13058TJC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1157147.25   | 0.09%             | 2040-06-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                     | CUSIP: 650116DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2331643.25   | 0.18%             | 2045-10-01      | Fixed         | 4.38%                 | No            | 2                  | On Loan: No      |
| Kentucky Public Energy Authority                                                      | Kentucky Public Energy Authority, Series 2025C                                                | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053346.50   | 0.08%             | 2036-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Will County Community Unit School District No. 201-U Crete-Monee                      | Will County Community Unit School District No. 201-U Crete-Monee, Series 2016 C               | CUSIP: 969003PY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $735122.52    | 0.06%             | 2036-01-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Wildwood Utility Dependent District                                                   | Wildwood Utility Dependent District                                                           | CUSIP: 968214BZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049714.10   | 0.08%             | 2053-10-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority, Series 2023B                                     | CUSIP: 79739GRK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1448104.80   | 0.11%             | 2048-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Will County Community High School District No. 210 Lincoln-Way                        | Will County Community High School District No. 210 Lincoln-Way                                | CUSIP: 969073MW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $463160.56    | 0.04%             | 2031-01-01      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                    | Tennessee Energy Acquisition Corp., Series 2025A                                              | CUSIP: 880443JM9<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1589565.75   | 0.12%             | 2035-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Series 2025D                                 | CUSIP: 45528VHP7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2188684.80   | 0.17%             | 2039-01-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Broward FL Tourist Development Tax Revenue                                  | County of Broward                                                                             | CUSIP: 115085AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $897424.20    | 0.07%             | 2047-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority                                               | CUSIP: 13013JBM7<br>LEI: 549300X8VKJ215S2R571 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1019602.30   | 0.08%             | 2053-12-01      | Floating      | 4.40%                 | No            | 2                  | On Loan: No      |
| Las Vegas Convention & Visitors Authority                                             | Las Vegas Convention & Visitors Authority                                                     | CUSIP: 51771FAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $664866.83    | 0.05%             | 2049-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45203KAN5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225328.34    | 0.02%             | 2037-02-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured, Series FISCAL 2023D SUB D-1  | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $777203.99    | 0.06%             | 2045-11-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| M-S-R Energy Authority                                                                | M-S-R Energy Authority                                                                        | CUSIP: 55374SAB6<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |    300000 | PA      | $355127.28    | 0.03%             | 2034-11-01      | Fixed         | 7.00%                 | No            | 2                  | On Loan: No      |
| Louisiana Public Facilities Authority                                                 | Louisiana Public Facilities Authority, Series 2024                                            | CUSIP: 546399SX5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012930.60   | 0.08%             | 2054-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| City of Aubrey TX                                                                     | City of Aubrey                                                                                | CUSIP: 050177KB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $992913.30    | 0.08%             | 2049-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Upper Illinois River Valley Development Authority                                     | Upper Illinois River Valley Development Authority                                             | CUSIP: 91588XAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $580139.89    | 0.05%             | 2045-01-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Southern California Public Power Authority                                            | Southern California Public Power Authority, Series 2024 A                                     | CUSIP: 84247PND9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085660.20   | 0.16%             | 2055-04-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Atlantic Beach FL                                                             | City of Atlantic Beach                                                                        | CUSIP: 048251BR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500361.30    | 0.04%             | 2043-11-15      | Fixed         | 5.62%                 | No            | 2                  | On Loan: No      |
| Missouri Development Finance Board                                                    | Missouri Development Finance Board, Series 2025A                                              | CUSIP: 606043AB3<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    500000 | PA      | $498471.60    | 0.04%             | 2045-06-15      | Fixed         | 6.50%                 | Yes           | 2                  | On Loan: No      |
| JPMorgan Prime Money Market Fund                                                      | JPMorgan Prime Money Market Fund, Institutional Class                                         | CUSIP: 4812A2603<br>LEI: 549300YD7H8SEEU7VG41 | Long             | STIV             | RF                | US        |   7902781 | NS      | $7903571.00   | 0.62%             |  |  |  | No            | 1                  | On Loan: No      |
| Invesco Value Municipal Income Trust                                                  | Invesco Value Municipal Income Trust                                                          | CUSIP: 46132P108<br>LEI: X075VJ33QQP2G2NTOV20 | Long             |  | RF                | US        |     12605 | NS      | $153276.80    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                        | CUSIP: 13048TR88<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007178.00   | 0.08%             | 2037-02-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Development Authority of Burke County (The)                                           | Development Authority of Burke County (The)                                                   | CUSIP: 121342PL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $937296.50    | 0.07%             | 2045-11-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority, Series A                                            | CUSIP: 592250BM5<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |    720000 | PA      | $720159.84    | 0.06%             | 2053-06-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                             | CUSIP: 68608JYM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $704995.78    | 0.06%             | 2046-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      6984 | PA      | $43.40        | 0.00%             | 2049-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                          | CUSIP: 19648FKT0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1725268.40   | 0.14%             | 2049-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45201QDA9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    570000 | PA      | $574635.41    | 0.05%             | 2036-11-01      | Fixed         | 3.90%                 | No            | 2                  | On Loan: No      |
| Lakewood Ranch Stewardship District                                                   | Lakewood Ranch Stewardship District, Series 2020                                              | CUSIP: 51265KEJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $788987.00    | 0.06%             | 2051-05-01      | Fixed         | 3.88%                 | Yes           | 2                  | On Loan: No      |
| Lakewood Ranch Stewardship District Utility Revenue                                   | Lakewood Ranch Stewardship District Utility                                                   | CUSIP: 51265LAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1036267.20   | 0.08%             | 2048-10-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74445QCE8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |      7540 | PA      | $46.47        | 0.00%             | 2051-01-01      | None          | 0.00%                 | Yes           | 2                  | On Loan: No      |
| City of Akron OH                                                                      | City of Akron                                                                                 | CUSIP: 010047ED6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $226932.84    | 0.02%             | 2026-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Iowa Finance Authority                                                                | Iowa Finance Authority, Series 2020 B                                                         | CUSIP: 462467YW5<br>LEI: 549300NQVL49BTHOW391 | Long             | STIV             | MUN               | US        |   3200000 | PA      | $3200000.00   | 0.25%             | 2049-07-01      | Variable      | 2.42%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                                  | Pennsylvania Higher Educational Facilities Authority, Series 2024B-2                          | CUSIP: 70917TSA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1025818.80   | 0.08%             | 2054-11-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| FW Chaparral PFC                                                                      | FW Chaparral PFC, Series 2025                                                                 | CUSIP: 302701AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $487558.45    | 0.04%             | 2035-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp.                                          | CUSIP: 64542YAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2191592.04   | 0.17%             | 2048-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Clark NV                                                                    | County of Clark                                                                               | CUSIP: 180848XH1<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1561612.13   | 0.12%             | 2043-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2025 B                                           | CUSIP: 167562VV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1683921.26   | 0.13%             | 2046-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge & Tunnel Authority                                                          | CUSIP: 89602HEQ6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050702.60   | 0.08%             | 2052-05-15      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation Revenue                                   | CUSIP: 592647EQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1820000 | PA      | $1837111.64   | 0.14%             | 2042-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Brookhaven Urban Redevelopment Agency                                                 | Brookhaven Urban Redevelopment Agency                                                         | CUSIP: 113077AW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951870.40   | 0.15%             | 2044-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport, Series 2025E                                            | CUSIP: 167591AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1569308.35   | 0.12%             | 2048-01-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| DTF Tax-Free Income, Inc.                                                             | DTF Tax-Free Income, Inc.                                                                     | CUSIP: 23334J107<br>LEI: 549300UTPMUSB8BKGI82 | Long             |  | RF                | US        |     11444 | NS      | $131033.80    | 0.01%             |  |  |  | No            | 1                  | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                             | Harris County Cultural Education Facilities Finance Corp.                                     | CUSIP: 414009LW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3007323.60   | 0.24%             | 2036-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74442ECA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    535000 | PA      | $535048.69    | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Baldwin County Industrial Development Authority                                       | Baldwin County Industrial Development Authority, Series 2026 A                                | CUSIP: 05786PAC7<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    500000 | PA      | $485128.70    | 0.04%             | 2056-03-01      | Variable      | 4.30%                 | Yes           | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2016 C                                                     | CUSIP: 45204FN76<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |     55000 | PA      | $56138.76     | 0.00%             | 2034-02-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Delaware Valley Regional Finance Authority                                            | Delaware Valley Regional Finance Authority                                                    | CUSIP: 246579GC4<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |    315000 | PA      | $361880.10    | 0.03%             | 2032-07-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                               | CUSIP: 735389J33<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1521254.10   | 0.12%             | 2044-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Caney Independent School District                                                 | New Caney Independent School District, Series 2024                                            | CUSIP: 643154KZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $976061.00    | 0.08%             | 2049-02-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Indian Creek Local School District                                                    | Indian Creek Local School District                                                            | CUSIP: 454146DT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2350896.37   | 0.18%             | 2055-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of Washington                                                                   | State of Washington, Series 2025D                                                             | CUSIP: 93974E8H2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041949.20   | 0.08%             | 2050-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Three Rivers Regional Wastewater Authority                                            | Three Rivers Regional Wastewater Authority, Series 2024                                       | CUSIP: 885754AV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982343.30    | 0.08%             | 2044-09-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Harris County Flood Control District                                                  | Harris County Flood Control District                                                          | CUSIP: 414019CN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $726129.60    | 0.06%             | 2043-09-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| County of Tuscarawas OH                                                               | County of Tuscarawas                                                                          | CUSIP: 90069GAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $492942.90    | 0.04%             | 2045-03-01      | Fixed         | 6.00%                 | No            | 2                  | On Loan: No      |
| Clark County School District                                                          | Clark County School District, Series 2020C                                                    | CUSIP: 181059U20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1195000 | PA      | $1154871.06   | 0.09%             | 2028-06-15      | Fixed         | 2.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204EUU0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509115.80    | 0.04%             | 2028-08-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                          | CUSIP: 19648A5G6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000774.60   | 0.16%             | 2045-05-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Industrial Development Authority of the County of Yavapai (The)                       | Industrial Development Authority of the County of Yavapai (The)                               | CUSIP: 98521VAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $333016.43    | 0.03%             | 2042-03-01      | Fixed         | 5.12%                 | Yes           | 2                  | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                   | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $932562.10    | 0.07%             | 2053-07-01      | Fixed         | 4.75%                 | No            | 2                  | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                     | CUSIP: 64578JBB1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993423.10    | 0.08%             | 2030-07-01      | Fixed         | 3.38%                 | No            | 2                  | On Loan: No      |
| City of Baltimore MD                                                                  | City of Baltimore                                                                             | CUSIP: 05921PCF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1485700.95   | 0.12%             | 2042-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                                 | City of San Antonio, Series 2026A                                                             | CUSIP: 79625GNS8<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | STIV             | MUN               | US        |    500000 | PA      | $497418.20    | 0.04%             | 2055-02-01      | Variable      | 2.90%                 | No            | 2                  | On Loan: No      |
| Garfield County Educational Facilities Authority                                      | Garfield County Educational Facilities Authority                                              | CUSIP: 365716AV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007461.50   | 0.08%             | 2031-09-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2016 C                                                     | CUSIP: 45204FP58<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    260000 | PA      | $263329.30    | 0.02%             | 2034-02-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                    | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $914307.50    | 0.07%             | 2046-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago, Series 2024A                                                                 | CUSIP: 167486S91<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1109204.44   | 0.09%             | 2044-01-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| County of Miami-Dade FL                                                               | County of Miami-Dade, Series 2016 A                                                           | CUSIP: 59333FSW1<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   4020000 | PA      | $4035902.32   | 0.32%             | 2038-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Mackay Municipal Credit Opportunities Fund LP                                         | Mackay Municipal Credit Opportunities Fund LP, Class A                                        | CUSIP: N/A<br>LEI: 54930003LWSSQY5WZG16       | Long             |  | PF                | US        |      4163 | NS      | $26434502.22  | 2.07%             |  |  |  | Yes           | N/A                | On Loan: No      |
| Western Asset Managed Municipals Fund, Inc.                                           | Western Asset Managed Municipals Fund, Inc.                                                   | CUSIP: 95766M105<br>LEI: 549300HVO8EY2T8K4F73 | Long             |  | RF                | US        |     86507 | NS      | $889291.96    | 0.07%             |  |  |  | No            | 1                  | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission                                                        | CUSIP: 65820YSL1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    715000 | PA      | $613250.42    | 0.05%             | 2046-09-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission                                                              | CUSIP: 709224ZY8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049384.40   | 0.16%             | 2037-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Okemos Public Schools                                                                 | Okemos Public Schools, Series SERIES II 2024                                                  | CUSIP: 678467PH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014044.80   | 0.08%             | 2054-05-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| University of Oklahoma (The)                                                          | University of Oklahoma (The), Series 2024A                                                    | CUSIP: 91476PZU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $520895.07    | 0.04%             | 2054-07-01      | Fixed         | 4.12%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                   | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |     55548 | PA      | $55484.30     | 0.00%             | 2033-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| City of Missouri City TX                                                              | City of Missouri City, Series 2021                                                            | CUSIP: 6060207K5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $432162.75    | 0.03%             | 2040-06-15      | Fixed         | 2.12%                 | No            | 2                  | On Loan: No      |
| San Bernardino County Financing Authority                                             | San Bernardino County Financing Authority                                                     | CUSIP: 796826BF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1626199.48   | 0.13%             | 2037-06-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp., Series 2022 D                     | CUSIP: 87638QSE0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014515.20   | 0.08%             | 2051-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Health Care Authority for Baptist Health (The)                                        | Health Care Authority for Baptist Health (The)                                                | CUSIP: 42219UCG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $915282.55    | 0.07%             | 2037-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority                                              | CUSIP: 13032URP5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3015763.80   | 0.24%             | 2048-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Invesco Municipal Trust                                                               | Invesco Municipal Trust                                                                       | CUSIP: 46131J103<br>LEI: GKS5Y4B1VKHV66WSPK53 | Long             |  | RF                | US        |     29760 | NS      | $283315.20    | 0.02%             |  |  |  | No            | 1                  | On Loan: No      |
| South Jersey Transportation Authority                                                 | South Jersey Transportation Authority                                                         | CUSIP: 838536MM9<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |    350000 | PA      | $370222.44    | 0.03%             | 2041-11-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Village of Mount Pleasant WI                                                          | Village of Mount Pleasant                                                                     | CUSIP: 622823AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3035816.10   | 0.24%             | 2048-04-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority                                                            | CUSIP: 392275BL6<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1721444.00   | 0.14%             | 2052-10-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| San Angelo Independent School District                                                | San Angelo Independent School District, Series 2025                                           | CUSIP: 796116UK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2633112.50   | 0.21%             | 2045-02-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Iowa Finance Authority                                                                | Iowa Finance Authority                                                                        | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1127045.30   | 0.09%             | 2050-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Spring Valley Community Infrastructure District No. 1                                 | Spring Valley Community Infrastructure District No. 1, Series 2025                            | CUSIP: 850072AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024227.20   | 0.08%             | 2054-09-01      | Fixed         | 6.25%                 | Yes           | 2                  | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority                                                           | CUSIP: 13058TLZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $895895.19    | 0.07%             | 2041-08-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                              | City of Houston, Series 2026C                                                                 | CUSIP: 44237NMU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062193.90   | 0.08%             | 2058-09-01      | Fixed         | 5.50%                 | No            | 2                  | On Loan: No      |
| New Orleans Aviation Board                                                            | New Orleans Aviation Board                                                                    | CUSIP: 64763KAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $515902.35    | 0.04%             | 2035-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2025E                               | CUSIP: 84136HCT8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061538.60   | 0.08%             | 2030-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                      | CUSIP: 74442EBF6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999992.50    | 0.08%             | 2045-07-01      | Fixed         | 5.62%                 | Yes           | 2                  | On Loan: No      |
| Round Lake IL Lakewood Grove Special Service Area No. 3 & 4                           | Round Lake IL Lakewood Grove Special Service Area No. 3 & 4                                   | CUSIP: 77915CAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006416.00   | 0.08%             | 2033-03-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Miami-Dade County Industrial Development Authority                                    | Miami-Dade County Industrial Development Authority                                            | CUSIP: 59333ECR2<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |    330000 | PA      | $320891.04    | 0.03%             | 2044-09-15      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| Southwestern Community College District                                               | Southwestern Community College District, Series 2021 D                                        | CUSIP: 845389PU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1073821.13   | 0.08%             | 2041-08-01      | Fixed         | 3.00%                 | No            | 2                  | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority                                                            | CUSIP: 392274F84<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999972.90    | 0.08%             | 2036-11-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Howard County Housing Commission                                                      | Howard County Housing Commission                                                              | CUSIP: 442577BG6<br>LEI: 5493007CCS6UI1IIE878 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600807.36   | 0.13%             | 2044-06-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                 | CUSIP: 57563RPY9<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034991.70   | 0.08%             | 2028-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| State of California                                                                   | State of California                                                                           | CUSIP: 13063C6Y1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250168.50    | 0.02%             | 2038-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                | Maine Health & Higher Educational Facilities Authority                                        | CUSIP: 56042RG97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505447.85    | 0.04%             | 2036-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                              | County of Miami-Dade                                                                          | CUSIP: 59333P4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499831.10    | 0.04%             | 2049-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                     | CUSIP: 976595GN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $204618.45    | 0.02%             | 2045-12-15      | None          | 0.00%                 | No            | 2                  | On Loan: No      |
| County of Jefferson                                                                   | County of Jefferson                                                                           | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1071635.79   | 0.08%             | 2049-10-01      | Fixed         | 5.25%                 | No            | 2                  | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority                                               | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058248.30   | 0.08%             | 2054-01-01      | Variable      | 5.25%                 | No            | 2                  | On Loan: No      |
| New York Power Authority                                                              | New York Power Authority, Series 2024A                                                        | CUSIP: 64989KMG8<br>LEI: I5P1GEYFGGMMDOFX2L30 | Long             | DBT              | MUN               | US        |    615000 | PA      | $554720.34    | 0.04%             | 2049-11-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                    | CUSIP: 45204FNF8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1312149.44   | 0.10%             | 2036-08-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| IPS Multi-School Building Corp.                                                       | IPS Multi-School Building Corp., Series 2025                                                  | CUSIP: 46263RWA9<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1202443.80   | 0.09%             | 2045-07-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                                 | New Jersey Health Care Facilities Financing Authority                                         | CUSIP: 64579F7P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1176798.57   | 0.09%             | 2046-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| New York Liberty Development Corp.                                                    | New York Liberty Development Corp.                                                            | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000066.60   | 0.16%             | 2044-11-15      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| Alachua County Health Facilities Authority                                            | Alachua County Health Facilities Authority                                                    | CUSIP: 010685KF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1335607.83   | 0.10%             | 2044-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Cathedral Pines Metropolitan District                                                 | Cathedral Pines Metropolitan District                                                         | CUSIP: 14918CAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $583652.14    | 0.05%             | 2031-12-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority                                                   | CUSIP: 928097AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1673051.63   | 0.13%             | 2052-12-31      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| George L Smith II Congress Center Authority                                           | George L Smith II Congress Center Authority, Series 2021B                                     | CUSIP: 37255MAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $461043.90    | 0.04%             | 2054-01-01      | Fixed         | 5.00%                 | Yes           | 2                  | On Loan: No      |
| City of Fishers IN Sewage Works Revenue                                               | City of Fishers                                                                               | CUSIP: 33803HGD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1345938.58   | 0.11%             | 2047-07-01      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp., Series 2020 I-1                                      | CUSIP: 64972ETS8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $1638149.01   | 0.13%             | 2045-11-01      | Fixed         | 2.55%                 | No            | 2                  | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2025C                               | CUSIP: 84136HCF8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    885000 | PA      | $936535.67    | 0.07%             | 2055-05-01      | Variable      | 5.00%                 | No            | 2                  | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                   | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1558579 | PA      | $1702450.18   | 0.13%             | 2031-07-01      | Fixed         | 5.75%                 | No            | 2                  | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024A                                              | CUSIP: 64990F6W9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $876592.90    | 0.07%             | 2054-03-15      | Fixed         | 4.00%                 | No            | 2                  | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority                                              | CUSIP: 13032UNC8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    155000 | PA      | $154975.43    | 0.01%             | 2036-08-15      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Paducah Electric Plant Board                                                          | Paducah Electric Plant Board                                                                  | CUSIP: 695317DZ7<br>LEI: 549300XTPDPORT8VIQ62 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007210.80   | 0.08%             | 2035-10-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |
| Washington State Convention Center Public Facilities District                         | Washington State Convention Center Public Facilities District, Series 2018                    | CUSIP: 93976ABJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1922133.00   | 0.15%             | 2058-07-01      | Fixed         | 5.00%                 | No            | 2                  | On Loan: No      |

### Signature

**Date Signed:** 2026-04-30

**Name of Applicant:** Aspiriant Trust

**Signature:** Ben Schmidt

**Name of Signer:** Ben Schmidt

**Title:** Director