# EDGAR Filing Document

**Accession Number:** 0001111565
**File Stem:** 0000940400-26-002288
**Filing Date:** 2026-1
**Character Count:** 162113
**Document Hash:** 8fe767c9995ee3969bdf7bfe53c25a64
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-002288.hdr.sgml**: 20260126

**ACCESSION NUMBER**: 0000940400-26-002288

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20251130

**FILED AS OF DATE**: 20260126

**DATE AS OF CHANGE**: 20260126

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY MELLON FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001111565

**ORGANIZATION NAME:**
- **EIN:** 134121547

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09903
- **FILM NUMBER:** 26559346

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 2129226400

**MAIL ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MELLON FUNDS TRUST
- **DATE OF NAME CHANGE:** 20030429

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MPAM FUNDS TRUST
- **DATE OF NAME CHANGE:** 20000410

## Series and Classes Contracts Data

### BNY Mellon National Short-Term Municipal Bond Fund (Series ID: S000000366)

| Class ID   | Class Name      | Ticker Symbol   |
|:---|:---|:---|
| C000000948 | Class M Shares  | MPSTX           |
| C000000949 | Investor Shares | MINSX           |

## Nport-Ex

BNY Mellon National Short-Term Municipal Bond Fund

SCHEDULE OF INVESTMENTS

November 30, 2025 (Unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%)<br>| Maturity <br>Date<br>| Principal <br>Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9%** | **Long-Term Municipal Investments — 98.9%** | **Long-Term Municipal Investments — 98.9%** | **Long-Term Municipal Investments — 98.9%** | **Long-Term Municipal Investments — 98.9%** |
| **Alabama — 2.5%** | **Alabama — 2.5%** | **Alabama — 2.5%** | **Alabama — 2.5%** | **Alabama — 2.5%** |
| Black Belt Energy Gas District, Revenue Bonds, Refunding, Ser. D1 | 4.00 | 12/1/2025 | 420000 | 420000 |
| Black Belt Energy Gas District, Revenue Bonds, Refunding, Ser. D1 | 4.00 | 6/1/2026 | 450000 | 451785 |
| Jefferson County, Revenue Bonds, Refunding | 5.00 | 10/1/2027 | 1000000 | 1037311 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District, Revenue Bonds (Project No. <br> 4) Ser. B1<sup>(a)</sup> <br>| 5.00 | 8/1/2028 | 7360000 | 7657533 |
| Southeast Energy Authority A Cooperative District, Revenue Bonds, Ser. C | 5.00 | 11/1/2027 | 500000 | 517539 |
| Southeast Energy Authority A Cooperative District, Revenue Bonds, Ser. C | 5.00 | 11/1/2028 | 785000 | 826605 |
| &nbsp;&nbsp;&nbsp; The Southeast Alabama Gas Supply District, Revenue Bonds, Refunding (Project <br> No. 2)<br>| 5.00 | 5/1/2026 | 750000 | 754798 |
|  |  |  |  | **11665571** |
| **Alaska — 1.0%** | **Alaska — 1.0%** | **Alaska — 1.0%** | **Alaska — 1.0%** | **Alaska — 1.0%** |
| Alaska International Airports System, Revenue Bonds, Refunding, Ser. B | 5.00 | 10/1/2028 | 2495000 | 2661960 |
| Alaska International Airports System, Revenue Bonds, Refunding, Ser. B | 5.00 | 10/1/2029 | 1825000 | 1988723 |
|  |  |  |  | **4650683** |
| **Arizona — 2.6%** | **Arizona — 2.6%** | **Arizona — 2.6%** | **Arizona — 2.6%** | **Arizona — 2.6%** |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, Revenue Bonds (Sustainable Bond) <br> (Equitable School Revolving Fund Obligated Group) Ser. A<br>| 5.00 | 11/1/2028 | 4000000 | 4175070 |
| &nbsp;&nbsp;&nbsp; Chandler Industrial Development Authority, Revenue Bonds (Intel Corp. <br> Project)<sup>(a)</sup> <br>| 4.00 | 6/1/2029 | 2000000 | 2030658 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, Revenue Bonds (Banner <br> Health Obligated Group) Ser. A1<sup>(a)</sup> <br>| 5.00 | 5/15/2026 | 2750000 | 2770990 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, Revenue Bonds, Refunding <br> (Banner Health Obligated Group) Ser. D<sup>(a)</sup> <br>| 5.00 | 5/15/2026 | 3125000 | 3155891 |
|  |  |  |  | **12132609** |
| **Arkansas — .6%** | **Arkansas — .6%** | **Arkansas — .6%** | **Arkansas — .6%** | **Arkansas — .6%** |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, Revenue Bonds (Division of <br> Emergency Management Project)<br>| 4.00 | 6/1/2029 | 1000000 | 1017985 |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, Revenue Bonds (Washington <br> Regional Medical Center)<br>| 5.00 | 2/1/2027 | 755000 | 767650 |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, Revenue Bonds (Washington <br> Regional Medical Center)<br>| 5.00 | 2/1/2028 | 820000 | 844630 |
|  |  |  |  | **2630265** |
| **California — 3.1%** | **California — 3.1%** | **California — 3.1%** | **California — 3.1%** | **California — 3.1%** |
| &nbsp;&nbsp;&nbsp; California Pollution Control Financing Authority, Revenue Bonds (Waste <br> Management Project) Ser. C<br>| 4.25 | 12/1/2027 | 1000000 | 1007287 |
| Inglewood Unified School District, GO, Ser. B | 5.00 | 8/1/2030 | 640000 | 706497 |
| Los Angeles Department of Water & Power, Revenue Bonds | 5.00 | 7/1/2028 | 2245000 | 2371836 |
| Los Angeles Department of Water & Power, Revenue Bonds, Ser. B | 5.00 | 7/1/2028 | 1000000 | 1056497 |
| Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. A | 5.00 | 7/1/2028 | 500000 | 522932 |
| Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. A | 5.00 | 1/1/2030 | 2750000 | 2960173 |
| Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. B | 4.00 | 7/1/2028 | 580000 | 597225 |
| Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. B | 5.00 | 7/1/2028 | 1375000 | 1452684 |
| Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. B | 5.00 | 7/1/2030 | 2015000 | 2210614 |
| Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. C | 5.00 | 7/1/2028 | 1015000 | 1072345 |
| Vernon Electric System, Revenue Bonds, Refunding, Ser. 2022-A | 5.00 | 8/1/2026 | 600000 | 608219 |
|  |  |  |  | **14566309** |
| **Colorado — 3.0%** | **Colorado — 3.0%** | **Colorado — 3.0%** | **Colorado — 3.0%** | **Colorado — 3.0%** |
| Colorado, COP, Ser. J | 5.00 | 3/15/2032 | 2070000 | 2125489 |

---

**3**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** |
| **Colorado — 3.0% (continued)** | **Colorado — 3.0% (continued)** | **Colorado — 3.0% (continued)** | **Colorado — 3.0% (continued)** | **Colorado — 3.0% (continued)** |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Revenue Bonds (AdventHealth Obligated <br> Group) Ser. A<sup>(a)</sup> <br>| 5.00 | 11/15/2029 | 1000000 | 1074529 |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Revenue Bonds, Refunding (Adventhealth <br> Obligated Group)<sup>(a)</sup> <br>| 5.00 | 11/15/2028 | 2875000 | 3033948 |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Revenue Bonds, Refunding (CommonSpirit <br> Health Obligated Group) Ser. A<br>| 5.00 | 12/1/2029 | 790000 | 846136 |
| Colorado Health Facilities Authority, Revenue Bonds, Refunding, Ser. B<sup>(a)</sup> <br>| 5.00 | 8/17/2026 | 3605000 | 3662814 |
| Colorado Housing & Finance Authority, Revenue Bonds, Ser. B | 3.75 | 5/1/2050 | 835000 | 835519 |
| &nbsp;&nbsp;&nbsp; Colorado Housing & Finance Authority, Revenue Bonds, Refunding (Insured; <br> GNMA) Ser. K<br>| 3.88 | 5/1/2050 | 1035000 | 1037980 |
| &nbsp;&nbsp;&nbsp; Colorado Housing & Finance Authority, Revenue Bonds, Refunding (Sustainable <br> Bond) (Insured; GNMA) Ser. B<br>| 3.00 | 5/1/2051 | 1350000 | 1330474 |
|  |  |  |  | **13946889** |
| **Connecticut — 2.0%** | **Connecticut — 2.0%** | **Connecticut — 2.0%** | **Connecticut — 2.0%** | **Connecticut — 2.0%** |
| Connecticut Health & Educational Facilities Authority, Revenue Bonds, Ser. A3<sup>(a)</sup> <br>| 2.95 | 7/1/2027 | 2105000 | 2103115 |
| Connecticut Health & Educational Facilities Authority, Revenue Bonds, Ser. B1<sup>(a)</sup> <br>| 5.00 | 7/1/2030 | 5350000 | 5896047 |
| &nbsp;&nbsp;&nbsp; Connecticut Health & Educational Facilities Authority, Revenue Bonds, <br> Refunding (The Stamford Hospital Obligated Group)<br>| 5.00 | 7/1/2026 | 200000 | 201897 |
| Connecticut Housing Finance Authority, Revenue Bonds, Refunding, Ser. A1 | 4.00 | 11/15/2045 | 1085000 | 1089072 |
|  |  |  |  | **9290131** |
| **Delaware — .2%** | **Delaware — .2%** | **Delaware — .2%** | **Delaware — .2%** | **Delaware — .2%** |
| &nbsp;&nbsp;&nbsp; Delaware Housing Authority, Revenue Bonds (Insured; GNMA, FNMA, FHLMC) <br> Ser. B<br>| 6.00 | 1/1/2055 | 1005000 | **1100482** |
| **District of Columbia — 1.6%** | **District of Columbia — 1.6%** | **District of Columbia — 1.6%** | **District of Columbia — 1.6%** | **District of Columbia — 1.6%** |
| District of Columbia, GO, Refunding, Ser. A | 5.00 | 6/1/2031 | 2060000 | 2133432 |
| District of Columbia Water & Sewer Authority, Revenue Bonds, Ser. B | 5.00 | 10/1/2031 | 2750000 | 2833161 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation, Revenue Bonds, <br> Refunding, Ser. A<br>| 5.00 | 10/1/2026 | 2250000 | 2292719 |
|  |  |  |  | **7259312** |
| **Florida — 7.7%** | **Florida — 7.7%** | **Florida — 7.7%** | **Florida — 7.7%** | **Florida — 7.7%** |
| Brevard County School District, COP, Refunding, Ser. A | 5.00 | 7/1/2028 | 1750000 | 1853815 |
| Brevard County School District, COP, Refunding, Ser. A | 5.00 | 7/1/2031 | 1390000 | 1438152 |
| County of Miami-Dade Aviation Revenue, Revenue Bonds, Refunding | 5.00 | 10/1/2028 | 1135000 | 1155042 |
| &nbsp;&nbsp;&nbsp; Florida Insurance Assistance Interlocal Agency, Inc., Revenue Bonds, Refunding, <br> Ser. A1<br>| 5.00 | 9/1/2027 | 3410000 | 3462766 |
| Hialeah Utility System, Revenue Bonds, Refunding | 5.00 | 10/1/2027 | 1465000 | 1515200 |
| Hialeah Utility System, Revenue Bonds, Refunding | 5.00 | 10/1/2028 | 1540000 | 1618885 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Industrial Development Authority, Revenue Bonds, <br> Refunding (BayCare Obligated Group) Ser. C<br>| 5.00 | 11/15/2029 | 3510000 | 3809822 |
| Lee County Housing Finance Authority, Revenue Bonds<sup>(a)</sup> <br>| 3.50 | 12/1/2027 | 2850000 | 2862517 |
| &nbsp;&nbsp;&nbsp; Miami Beach Redevelopment Agency, Tax Allocation Bonds, Refunding (Historic <br> Convention Village)(Insured; Assured Guaranty Corp.)<br>| 5.00 | 2/1/2027 | 1000000 | 1024840 |
| &nbsp;&nbsp;&nbsp; Miami Beach Redevelopment Agency, Tax Allocation Bonds, Refunding (Historic <br> Convention Village)(Insured; Assured Guaranty Corp.)<br>| 5.00 | 2/1/2028 | 1625000 | 1698358 |
| Miami-Dade County Housing Finance Authority, Revenue Bonds, Ser. A<sup>(a)</sup> <br>| 3.25 | 8/1/2029 | 5000000 | 5026116 |
| Orange County Convention Center/Orlando, Revenue Bonds, Ser. A | 5.00 | 10/1/2031 | 1000000 | 1017392 |
| Palm Beach County School District, COP, Refunding, Ser. A | 5.00 | 8/1/2028 | 1750000 | 1859406 |
| Palm Beach County School District, COP, Refunding, Ser. A | 5.00 | 8/1/2029 | 2250000 | 2440918 |
| Palm Beach County School District, COP, Refunding, Ser. A | 5.00 | 8/1/2030 | 1100000 | 1217862 |
| &nbsp;&nbsp;&nbsp; Southeast Overtown Park West Community Redevelopment Agency, Tax <br> Allocation Bonds (Insured; Assured Guaranty Corp.) Ser. A<br>| 5.00 | 3/1/2027 | 800000 | 820887 |

---

**4**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** |
| **Florida — 7.7% (continued)** | **Florida — 7.7% (continued)** | **Florida — 7.7% (continued)** | **Florida — 7.7% (continued)** | **Florida — 7.7% (continued)** |
| &nbsp;&nbsp;&nbsp; Southeast Overtown Park West Community Redevelopment Agency, Tax <br> Allocation Bonds (Insured; Assured Guaranty Corp.) Ser. A<br>| 5.00 | 3/1/2028 | 750000 | 784968 |
| &nbsp;&nbsp;&nbsp; Southeast Overtown Park West Community Redevelopment Agency, Tax <br> Allocation Bonds, Refunding (Insured; Assured Guaranty Corp.) Ser. B<br>| 5.00 | 3/1/2027 | 1250000 | 1282636 |
| &nbsp;&nbsp;&nbsp; Southeast Overtown Park West Community Redevelopment Agency, Tax <br> Allocation Bonds, Refunding (Insured; Assured Guaranty Corp.) Ser. B<br>| 5.00 | 3/1/2028 | 1000000 | 1046625 |
|  |  |  |  | **35936207** |
| **Georgia — 3.5%** | **Georgia — 3.5%** | **Georgia — 3.5%** | **Georgia — 3.5%** | **Georgia — 3.5%** |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. A<sup>(a)</sup> <br>| 4.00 | 9/1/2027 | 265000 | 268072 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. A | 5.00 | 6/1/2027 | 500000 | 512863 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. A | 5.00 | 12/1/2027 | 500000 | 517229 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. A | 5.00 | 12/1/2028 | 835000 | 876110 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. B | 5.00 | 12/1/2030 | 3300000 | 3540793 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. C | 4.00 | 12/1/2025 | 1000000 | 1000000 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. E | 5.00 | 12/1/2028 | 2225000 | 2324825 |
| &nbsp;&nbsp;&nbsp; Private Colleges & Universities Authority, Revenue Bonds, Refunding (Emory <br> University) Ser. A<br>| 5.00 | 9/1/2029 | 5000000 | 5429796 |
| &nbsp;&nbsp;&nbsp; The Burke County Development Authority, Revenue Bonds, Refunding (Vogtle <br> Power Co. Plant)<sup>(a)</sup> <br>| 3.38 | 3/12/2027 | 2000000 | 2006926 |
|  |  |  |  | **16476614** |
| **Hawaii — .8%** | **Hawaii — .8%** | **Hawaii — .8%** | **Hawaii — .8%** | **Hawaii — .8%** |
| &nbsp;&nbsp;&nbsp; Hawaii Department of Budget & Finance, Revenue Bonds, Refunding (Hawaii <br> Pacific Health Obligated Group)<br>| 5.00 | 7/1/2027 | 2000000 | 2068978 |
| &nbsp;&nbsp;&nbsp; Hawaii Department of Budget & Finance, Revenue Bonds, Refunding (Hawaii <br> Pacific Health Obligated Group) Ser. A<br>| 5.00 | 7/1/2027 | 1535000 | 1587940 |
|  |  |  |  | **3656918** |
| **Illinois — 4.8%** | **Illinois — 4.8%** | **Illinois — 4.8%** | **Illinois — 4.8%** | **Illinois — 4.8%** |
| Chicago Park District, GO, Refunding, Ser. C | 5.00 | 1/1/2027 | 2050000 | 2098647 |
| Illinois, GO, Ser. B | 5.00 | 5/1/2027 | 1000000 | 1028830 |
| Illinois, GO, Ser. B | 5.00 | 5/1/2028 | 1050000 | 1101580 |
| Illinois, GO, Ser. C | 5.00 | 5/1/2029 | 550000 | 587458 |
| Illinois, Revenue Bonds (Insured; Build America Mutual) Ser. A | 5.00 | 6/15/2032 | 2750000 | 2886498 |
| Illinois, Revenue Bonds, Ser. A | 5.00 | 6/15/2030 | 1405000 | 1529324 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority, Revenue Bonds, Refunding (Noble Network of <br> Charter Schools) Ser. A<br>| 5.00 | 9/1/2027 | 490000 | 504336 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority, Revenue Bonds, Refunding (Noble Network of <br> Charter Schools) Ser. A<br>| 5.00 | 9/1/2028 | 515000 | 535783 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority, Revenue Bonds, Refunding (Noble Network of <br> Charter Schools) Ser. A<br>| 5.00 | 9/1/2029 | 810000 | 852914 |
| Illinois Finance Authority, Revenue Bonds, Refunding, Ser. C | 5.00 | 1/1/2030 | 620000 | 678406 |
| &nbsp;&nbsp;&nbsp; Illinois Housing Development Authority, Revenue Bonds (Hope Manor Village <br> Joliet)(Insured; HUD SECT 8)<sup>(a)</sup> <br>| 3.15 | 2/1/2028 | 2000000 | 2003601 |
| &nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority, Revenue Bonds, Refunding, <br> (McCormick Place Expansion Project) Ser. A<br>| 5.00 | 6/15/2029 | 3000000 | 3109301 |
| &nbsp;&nbsp;&nbsp; Metropolitan Water Reclamation District of Greater Chicago, GO, Refunding, Ser. <br> C<br>| 5.00 | 12/1/2030 | 1000000 | 1114792 |
| Sales Tax Securitization Corp., Revenue Bonds, Refunding, Ser. A | 5.00 | 1/1/2029 | 1000000 | 1061387 |
| State of Illinois, GO, Refunding, Ser. B | 5.00 | 10/1/2028 | 1025000 | 1083543 |
| &nbsp;&nbsp;&nbsp; Winnebago-Boone ETC Counties Community College District No. 511, GO, <br> Refunding (Rock Valley College) Ser. B<br>| 5.00 | 1/1/2029 | 2145000 | 2290404 |
|  |  |  |  | **22466804** |

---

**5**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** |
| **Indiana — 4.8%** | **Indiana — 4.8%** | **Indiana — 4.8%** | **Indiana — 4.8%** | **Indiana — 4.8%** |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, Revenue Bonds (Indiana University Health Obligated <br> Group) Ser. B1<sup>(a)</sup> <br>| 5.00 | 7/1/2028 | 1105000 | 1159580 |
| Indiana Finance Authority, Revenue Bonds, Ser. D | 5.00 | 8/1/2031 | 5000000 | 5072245 |
| Indiana Finance Authority, Revenue Bonds, Refunding (Newsfields) | 4.00 | 2/1/2029 | 1500000 | 1542524 |
| Indiana Finance Authority, Revenue Bonds, Refunding, Ser. D1<sup>(a)</sup> <br>| 5.00 | 10/1/2029 | 4250000 | 4541324 |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, Revenue Bonds, Refunding, (Indianapolis Power & <br> Light Company Project) Ser. B<sup>(a)</sup> <br>| 0.95 | 4/1/2026 | 3300000 | 3270461 |
| Rockport, Revenue Bonds, Refunding, Ser. A<sup>(a)</sup> <br>| 3.70 | 6/1/2029 | 3650000 | 3737396 |
| The Bloomington Public Building Corp., Revenue Bonds | 5.00 | 2/1/2028 | 710000 | 741290 |
| The Bloomington Public Building Corp., Revenue Bonds | 5.00 | 8/1/2028 | 840000 | 884957 |
| The Bloomington Public Building Corp., Revenue Bonds | 5.00 | 2/1/2029 | 760000 | 807622 |
| The Bloomington Public Building Corp., Revenue Bonds | 5.00 | 8/1/2029 | 740000 | 793131 |
|  |  |  |  | **22550530** |
| **Iowa — .7%** | **Iowa — .7%** | **Iowa — .7%** | **Iowa — .7%** | **Iowa — .7%** |
| Lewis Central Community School District, GO | 5.00 | 6/1/2027 | 3115000 | **3216407** |
| **Kansas — .6%** | **Kansas — .6%** | **Kansas — .6%** | **Kansas — .6%** | **Kansas — .6%** |
| Shawnee County, Revenue Bonds, Ser. A<sup>(a)</sup> <br>| 3.75 | 5/1/2028 | 3000000 | **3023079** |
| **Kentucky — 3.5%** | **Kentucky — 3.5%** | **Kentucky — 3.5%** | **Kentucky — 3.5%** | **Kentucky — 3.5%** |
| &nbsp;&nbsp;&nbsp; Kentucky Property & Building Commission, Revenue Bonds, Refunding (Project <br> No. 130) Ser. B<br>| 5.00 | 11/1/2027 | 3750000 | 3921480 |
| Kentucky Public Energy Authority, Revenue Bonds, Ser. A | 5.00 | 7/1/2026 | 500000 | 504425 |
| Kentucky Public Energy Authority, Revenue Bonds, Ser. A | 5.00 | 7/1/2027 | 550000 | 563290 |
| Kentucky Public Energy Authority, Revenue Bonds, Ser. A | 5.00 | 7/1/2028 | 1000000 | 1039738 |
| Kentucky Public Energy Authority, Revenue Bonds, Ser. C<sup>(a)</sup> <br>| 4.00 | 2/1/2028 | 1690000 | 1718054 |
| Kentucky Public Energy Authority, Revenue Bonds, Refunding, Ser. A<sup>(a)</sup> <br>| 5.25 | 12/1/2029 | 3550000 | 3783722 |
| Rural Water Financing Agency, Revenue Bonds Ser. A | 2.75 | 5/1/2028 | 5000000 | 4934611 |
|  |  |  |  | **16465320** |
| **Louisiana — .5%** | **Louisiana — .5%** | **Louisiana — .5%** | **Louisiana — .5%** | **Louisiana — .5%** |
| &nbsp;&nbsp;&nbsp; Louisiana Local Government Environmental Facilities & Community <br> Development Authority, Revenue Bonds, Refunding (Calcasieu Parish School <br> Project) (Insured; Build America Mutual)<br>| 5.00 | 12/1/2026 | 510000 | 521135 |
| &nbsp;&nbsp;&nbsp; Louisiana Local Government Environmental Facilities & Community <br> Development Authority, Revenue Bonds, Refunding (Calcasieu Parish School <br> Project) (Insured; Build America Mutual)<br>| 5.00 | 12/1/2027 | 285000 | 296845 |
| &nbsp;&nbsp;&nbsp; Louisiana Local Government Environmental Facilities & Community <br> Development Authority, Revenue Bonds, Refunding (Calcasieu Parish School <br> Project) (Insured; Build America Mutual)<br>| 5.00 | 12/1/2029 | 330000 | 356935 |
| Shreveport, GO (Insured; Assured Guaranty Corp.) | 5.00 | 3/1/2026 | 275000 | 276341 |
| Shreveport, GO (Insured; Assured Guaranty Corp.) | 5.00 | 3/1/2027 | 375000 | 383720 |
| Shreveport, GO (Insured; Assured Guaranty Corp.) | 5.00 | 3/1/2028 | 340000 | 354190 |
| Shreveport, GO (Insured; Assured Guaranty Corp.) | 5.00 | 3/1/2029 | 310000 | 328138 |
|  |  |  |  | **2517304** |
| **Maine — .5%** | **Maine — .5%** | **Maine — .5%** | **Maine — .5%** | **Maine — .5%** |
| Maine Governmental Facilities Authority, Revenue Bonds, Ser. A | 5.00 | 10/1/2027 | 350000 | 364667 |
| Maine Housing Authority, Revenue Bonds, Ser. C | 4.00 | 11/15/2050 | 1020000 | 1023437 |
| Maine Housing Authority, Revenue Bonds, Ser. F | 4.25 | 11/15/2048 | 1050000 | 1056439 |
|  |  |  |  | **2444543** |
| **Massachusetts — 2.5%** | **Massachusetts — 2.5%** | **Massachusetts — 2.5%** | **Massachusetts — 2.5%** | **Massachusetts — 2.5%** |
| Massachusetts, Revenue Bonds (Sustainable Bond) Ser. A | 3.68 | 7/15/2026 | 10000000 | 9993309 |
| Massachusetts Development Finance Agency, Revenue Bonds, Ser. N<sup>(a)</sup> <br>| 3.30 | 7/1/2028 | 1825000 | 1841837 |
|  |  |  |  | **11835146** |

---

**6**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** |
| **Michigan — 1.1%** | **Michigan — 1.1%** | **Michigan — 1.1%** | **Michigan — 1.1%** | **Michigan — 1.1%** |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, Revenue Bonds (Trinity Health Credit Group) Ser. <br> B<sup>(a)</sup> <br>| 5.00 | 12/1/2028 | 1000000 | 1051263 |
| Michigan Strategic Fund, Revenue Bonds (Consumers Energo Co.)<sup>(a)</sup> <br>| 3.35 | 10/1/2027 | 3000000 | 2993491 |
| &nbsp;&nbsp;&nbsp; Van Buren Public Schools, GO (Insured; Qualified School Board Loan Fund) Ser. <br> III<br>| 5.00 | 5/1/2027 | 1190000 | 1225227 |
|  |  |  |  | **5269981** |
| **Minnesota — 1.1%** | **Minnesota — 1.1%** | **Minnesota — 1.1%** | **Minnesota — 1.1%** | **Minnesota — 1.1%** |
| Minneapolis, Revenue Bonds (Allina Health System) Ser. A<sup>(a)</sup> <br>| 5.00 | 11/15/2028 | 1215000 | 1281151 |
| Minnesota Health & Education Facilities Authority, Revenue Bonds, Ser. B1<sup>(a)</sup> <br>| 5.00 | 10/1/2027 | 3000000 | 3067701 |
| &nbsp;&nbsp;&nbsp; Minnesota Housing Finance Agency, Revenue Bonds (Insured; GNMA, FNMA, <br> FHLMC) Ser. B<br>| 3.50 | 7/1/2050 | 660000 | 657618 |
|  |  |  |  | **5006470** |
| **Mississippi — 1.3%** | **Mississippi — 1.3%** | **Mississippi — 1.3%** | **Mississippi — 1.3%** | **Mississippi — 1.3%** |
| &nbsp;&nbsp;&nbsp; Mississippi Business Finance Corp., Revenue Bonds (Chevron USA, Inc. Project) <br> Ser. K<sup>(b)</sup> <br>| 2.90 | 11/1/2035 | 1800000 | 1800000 |
| Mississippi Development Bank, Revenue Bonds (Insured; Build America Mutual) | 5.00 | 5/1/2027 | 810000 | 835576 |
| Mississippi Development Bank, Revenue Bonds (Insured; Build America Mutual) | 5.00 | 5/1/2029 | 1000000 | 1068446 |
| Mississippi Development Bank, Revenue Bonds (Insured; Build America Mutual) | 5.00 | 5/1/2030 | 1000000 | 1087910 |
| Mississippi Development Bank, Revenue Bonds, Ser. A | 5.00 | 5/1/2029 | 1225000 | 1321693 |
|  |  |  |  | **6113625** |
| **Missouri — 2.1%** | **Missouri — 2.1%** | **Missouri — 2.1%** | **Missouri — 2.1%** | **Missouri — 2.1%** |
| Jackson County, Revenue Bonds | 4.00 | 12/1/2026 | 1345000 | 1346021 |
| Joplin Schools, GO, Refunding (Insured; Build America Mutual) | 5.00 | 3/1/2028 | 2000000 | 2098160 |
| &nbsp;&nbsp;&nbsp; Kansas Planned Industrial Expansion Authority, Revenue Bonds (The Depot on <br> Old Santa Fe)<sup>(a)</sup> <br>| 5.00 | 7/1/2027 | 3150000 | 3215393 |
| Missouri Board of Public Buildings, Revenue Bonds, Refunding, Ser. A | 4.00 | 10/1/2026 | 2000000 | 2001826 |
| &nbsp;&nbsp;&nbsp; Missouri Housing Development Commission, Revenue Bonds (Insured; GNMA, <br> FNMA, FHLMC) Ser. A<br>| 3.50 | 11/1/2050 | 1040000 | 1036192 |
|  |  |  |  | **9697592** |
| **Nebraska — 1.8%** | **Nebraska — 1.8%** | **Nebraska — 1.8%** | **Nebraska — 1.8%** | **Nebraska — 1.8%** |
| Gretna Public Schools, GO (Insured; Assured Guaranty Corp.) | 5.00 | 12/15/2030 | 4650000 | 4839211 |
| &nbsp;&nbsp;&nbsp; Nebraska Investment Finance Authority, Revenue Bonds (Insured; GNMA, <br> FNMA, FHLMC) Ser. A<br>| 3.00 | 9/1/2045 | 2710000 | 2665737 |
| &nbsp;&nbsp;&nbsp; Nebraska Investment Finance Authority, Revenue Bonds, Refunding (Insured; <br> GNMA, FNMA, FHLMC) Ser. E<br>| 3.75 | 9/1/2049 | 870000 | 868743 |
|  |  |  |  | **8373691** |
| **Nevada — 1.1%** | **Nevada — 1.1%** | **Nevada — 1.1%** | **Nevada — 1.1%** | **Nevada — 1.1%** |
| Clark County, GO, Refunding, Ser. B | 5.00 | 11/1/2028 | 5000000 | **5105997** |
| **New Hampshire — .5%** | **New Hampshire — .5%** | **New Hampshire — .5%** | **New Hampshire — .5%** | **New Hampshire — .5%** |
| &nbsp;&nbsp;&nbsp; New Hampshire Health and Education Facilities Authority Act, Revenue Bonds, <br> Refunding, Ser. A<sup>(a)</sup> <br>| 3.30 | 8/3/2027 | 2565000 | **2573027** |
| **New Jersey — 1.6%** | **New Jersey — 1.6%** | **New Jersey — 1.6%** | **New Jersey — 1.6%** | **New Jersey — 1.6%** |
| &nbsp;&nbsp;&nbsp; Casino Reinvestment Development Authority, Inc., Revenue Bonds, (Insured; <br> Assured Guaranty Corp.) Ser. B<br>| 5.00 | 11/1/2029 | 500000 | 539403 |
| &nbsp;&nbsp;&nbsp; Casino Reinvestment Development Authority, Inc., Revenue Bonds, Refunding <br> (Insured; Assured Guaranty Corp.) Ser. A<br>| 5.00 | 11/1/2027 | 700000 | 727605 |
| &nbsp;&nbsp;&nbsp; Casino Reinvestment Development Authority, Inc., Revenue Bonds, Refunding <br> (Insured; Assured Guaranty Corp.) Ser. A<br>| 5.00 | 11/1/2028 | 750000 | 794698 |

---

**7**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** |
| **New Jersey — 1.6% (continued)** | **New Jersey — 1.6% (continued)** | **New Jersey — 1.6% (continued)** | **New Jersey — 1.6% (continued)** | **New Jersey — 1.6% (continued)** |
| &nbsp;&nbsp;&nbsp; Casino Reinvestment Development Authority, Inc., Revenue Bonds, Refunding <br> (Insured; Assured Guaranty Corp.) Ser. A<br>| 5.00 | 11/1/2029 | 1000000 | 1078806 |
| &nbsp;&nbsp;&nbsp; Passaic Valley Sewerage Commission, Revenue Bonds, Refunding (Insured; <br> Assured Guaranty Corp.) Ser. J<br>| 3.00 | 12/1/2028 | 4090000 | 4110580 |
|  |  |  |  | **7251092** |
| **New Mexico — .2%** | **New Mexico — .2%** | **New Mexico — .2%** | **New Mexico — .2%** | **New Mexico — .2%** |
| Rio Rancho, Revenue Bonds | 5.00 | 6/1/2029 | 1055000 | **1139891** |
| **New York — 7.0%** | **New York — 7.0%** | **New York — 7.0%** | **New York — 7.0%** | **New York — 7.0%** |
| &nbsp;&nbsp;&nbsp; Build New York City Resource Corp., Revenue Bonds (The Young Men's And <br> Young Women's Hebrew Association Project)<br>| 5.00 | 12/1/2028 | 2750000 | 2920981 |
| Metropolitan Transportation Authority, Revenue Bonds, Refunding, Ser. B | 5.00 | 11/15/2028 | 2900000 | 3091244 |
| New York City Housing Development Corp., Revenue Bonds, Ser. E2<sup>(a)</sup> <br>| 3.80 | 1/3/2028 | 2400000 | 2424431 |
| &nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority, Revenue Bonds, Refunding, Ser. <br> J1<br>| 5.00 | 11/1/2028 | 5000000 | 5350132 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority, Revenue Bonds (Insured; Assured <br> Guaranty Corp.) Ser. A<br>| 5.00 | 10/1/2028 | 1100000 | 1175478 |
| New York State Dormitory Authority, Revenue Bonds, Ser. A<sup>(a)</sup> <br>| 5.00 | 7/2/2029 | 6000000 | 6424517 |
| New York State Dormitory Authority, Revenue Bonds, Refunding, Ser. E | 5.00 | 3/15/2032 | 1010000 | 1074586 |
| &nbsp;&nbsp;&nbsp; New York State Housing Finance Agency, Revenue Bonds (Insured; State of New <br> York Mortgage Agency) Ser. B2<sup>(a)</sup> <br>| 3.60 | 5/1/2029 | 5000000 | 5030663 |
| Triborough Bridge & Tunnel Authority, Revenue Bonds, BAN, Ser. B | 5.00 | 3/15/2027 | 5000000 | 5159042 |
|  |  |  |  | **32651074** |
| **North Dakota — .5%** | **North Dakota — .5%** | **North Dakota — .5%** | **North Dakota — .5%** | **North Dakota — .5%** |
| Cass County Joint Water Resource District, Revenue Bonds, Refunding, Ser. A | 3.45 | 4/1/2027 | 2500000 | **2501197** |
| **Ohio — 1.4%** | **Ohio — 1.4%** | **Ohio — 1.4%** | **Ohio — 1.4%** | **Ohio — 1.4%** |
| Franklin County Convention Facilities Authority, Revenue Bonds, Refunding | 5.00 | 12/1/2028 | 4050000 | 4321061 |
| Ohio Housing Finance Agency, Revenue Bonds<sup>(a)</sup> <br>| 3.70 | 5/1/2028 | 1000000 | 1009082 |
| &nbsp;&nbsp;&nbsp; Ohio Housing Finance Agency, Revenue Bonds, (Insured; GNMA, FNMA, FHLMC) <br> Ser. B<br>| 3.25 | 3/1/2050 | 1025000 | 1016944 |
|  |  |  |  | **6347087** |
| **Oklahoma — 2.1%** | **Oklahoma — 2.1%** | **Oklahoma — 2.1%** | **Oklahoma — 2.1%** | **Oklahoma — 2.1%** |
| &nbsp;&nbsp;&nbsp; Canadian County Educational Facilities Authority, Revenue Bonds (Mustang <br> Public Schools Project)<br>| 5.00 | 9/1/2027 | 300000 | 304508 |
| Oklahoma County Independent School District No. 89, GO, Ser. A | 4.00 | 7/1/2028 | 2000000 | 2067989 |
| Tulsa County Independent School District No. 4 Bixby, GO | 5.00 | 6/1/2027 | 5000000 | 5163518 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority, Revenue Bonds (Broken Arrow Public <br> Schools Project)<br>| 5.00 | 9/1/2028 | 350000 | 370828 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority, Revenue Bonds (Broken Arrow Public <br> Schools Project)<br>| 5.00 | 9/1/2029 | 350000 | 378003 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority, Revenue Bonds (Glenpool Public Schools <br> Project)<br>| 5.00 | 9/1/2026 | 300000 | 304403 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority, Revenue Bonds (Glenpool Public Schools <br> Project)<br>| 5.00 | 9/1/2027 | 305000 | 316616 |
| &nbsp;&nbsp;&nbsp; Tulsa County Industrial Authority, Revenue Bonds (Glenpool Public Schools <br> Project)<br>| 5.00 | 9/1/2028 | 700000 | 741655 |
|  |  |  |  | **9647520** |
| **Oregon — 1.6%** | **Oregon — 1.6%** | **Oregon — 1.6%** | **Oregon — 1.6%** | **Oregon — 1.6%** |
| Lincoln County School District, GO (Insured; School Board Guaranty)<sup>(c)</sup> <br>| 5.00 | 6/15/2027 | 635000 | 638570 |
| Lincoln County School District, GO (Insured; School Board Guaranty)<sup>(c)</sup> <br>| 5.00 | 6/15/2028 | 925000 | 949277 |
| Lincoln County School District, GO (Insured; School Board Guaranty)<sup>(c)</sup> <br>| 5.00 | 6/15/2029 | 1220000 | 1276561 |
| Oregon Coast Community College District, GO (Insured; School Board Guaranty) | 5.00 | 6/15/2026 | 115000 | 116242 |
| Oregon Coast Community College District, GO (Insured; School Board Guaranty) | 5.00 | 6/15/2027 | 125000 | 128620 |

---

**8**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** |
| **Oregon — 1.6% (continued)** | **Oregon — 1.6% (continued)** | **Oregon — 1.6% (continued)** | **Oregon — 1.6% (continued)** | **Oregon — 1.6% (continued)** |
| Oregon Coast Community College District, GO (Insured; School Board Guaranty) | 5.00 | 6/15/2028 | 200000 | 211616 |
| Oregon Housing & Community Services Department, Revenue Bonds, Ser. D | 4.75 | 1/1/2050 | 1000000 | 1007486 |
| &nbsp;&nbsp;&nbsp; Oregon State Business Development Commission, Revenue Bonds (Intel Corp. <br> Project) Ser. 232<sup>(a)</sup> <br>| 3.80 | 6/15/2028 | 3000000 | 3022338 |
|  |  |  |  | **7350710** |
| **Pennsylvania — 4.6%** | **Pennsylvania — 4.6%** | **Pennsylvania — 4.6%** | **Pennsylvania — 4.6%** | **Pennsylvania — 4.6%** |
| &nbsp;&nbsp;&nbsp; Allegheny County Higher Education Building Authority, Revenue Bonds, <br> Refunding, Ser. 20<br>| 5.00 | 3/1/2026 | 1660000 | 1668892 |
| Cumberland County Municipal Authority, Revenue Bonds | 5.00 | 11/1/2028 | 1080000 | 1140331 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing Authority, Revenue Bonds <br> (Waste Management, Inc. Project) Ser. A<sup>(a)</sup> <br>| 4.00 | 7/1/2026 | 3250000 | 3253185 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Economic Development Financing Authority, Revenue Bonds, <br> Refunding (UPMC Obligated Group) Ser. A<sup>(a)</sup> <br>| 5.00 | 3/15/2030 | 3000000 | 3258172 |
| Pennsylvania Housing Finance Agency, Revenue Bonds, Ser. 149A | 5.00 | 4/1/2029 | 500000 | 531773 |
| Pennsylvania Housing Finance Agency, Revenue Bonds, Ser. 149A | 5.00 | 10/1/2029 | 250000 | 267512 |
| Pennsylvania Housing Finance Agency, Revenue Bonds, Ser. 149A | 5.25 | 4/1/2030 | 300000 | 326481 |
| Pennsylvania Housing Finance Agency, Revenue Bonds, Ser. 149A | 5.25 | 10/1/2030 | 200000 | 219016 |
| &nbsp;&nbsp;&nbsp; Philadelphia Housing Authority, Revenue Bonds (PHADC Acquisition Program) <br> Ser. A<br>| 5.00 | 3/1/2027 | 2430000 | 2489219 |
| &nbsp;&nbsp;&nbsp; Philadelphia Housing Authority, Revenue Bonds (PHADC Acquisition Program) <br> Ser. A<br>| 5.00 | 3/1/2028 | 2730000 | 2850601 |
| &nbsp;&nbsp;&nbsp; Philadelphia Housing Authority, Revenue Bonds (PHADC Acquisition Program) <br> Ser. A<br>| 5.00 | 3/1/2029 | 5200000 | 5522454 |
|  |  |  |  | **21527636** |
| **Rhode Island — 2.7%** | **Rhode Island — 2.7%** | **Rhode Island — 2.7%** | **Rhode Island — 2.7%** | **Rhode Island — 2.7%** |
| Rhode Island Health & Educational Building Corp., Revenue Bonds, Ser. E | 5.00 | 5/15/2027 | 600000 | 620340 |
| &nbsp;&nbsp;&nbsp; Rhode Island Health & Educational Building Corp., Revenue Bonds, Refunding <br> (Insured; Assured Guaranty Corp.)<br>| 5.00 | 5/15/2027 | 9915000 | 9930213 |
| Rhode Island Housing & Mortgage Finance Corp., Revenue Bonds | 3.00 | 10/1/2050 | 880000 | 867453 |
| Rhode Island Housing & Mortgage Finance Corp., Revenue Bonds | 3.50 | 10/1/2050 | 1025000 | 1021275 |
|  |  |  |  | **12439281** |
| **South Carolina — .6%** | **South Carolina — .6%** | **South Carolina — .6%** | **South Carolina — .6%** | **South Carolina — .6%** |
| &nbsp;&nbsp;&nbsp; South Carolina Housing Finance & Development Authority, Revenue Bonds, Ser. <br> B<br>| 3.25 | 1/1/2052 | 1545000 | 1533545 |
| &nbsp;&nbsp;&nbsp; South Carolina Housing Finance & Development Authority, Revenue Bonds, Ser. <br> B<br>| 5.00 | 1/1/2028 | 355000 | 371084 |
| South Carolina Public Service Authority, Revenue Bonds, Refunding, Ser. B | 5.00 | 12/1/2028 | 1000000 | 1067525 |
|  |  |  |  | **2972154** |
| **South Dakota — .4%** | **South Dakota — .4%** | **South Dakota — .4%** | **South Dakota — .4%** | **South Dakota — .4%** |
| South Dakota Conservancy District, Revenue Bonds, Refunding, Ser. B | 5.00 | 8/1/2031 | 1980000 | **2055563** |
| **Tennessee — 1.4%** | **Tennessee — 1.4%** | **Tennessee — 1.4%** | **Tennessee — 1.4%** | **Tennessee — 1.4%** |
| &nbsp;&nbsp;&nbsp; Rutherford County Health & Educational Facilities Board, Revenue Bonds, <br> Refunding (Ascension Senior Credit Group) Ser. B1<sup>(a)</sup> <br>| 5.00 | 11/15/2030 | 2500000 | 2734096 |
| Tennergy Corp., Revenue Bonds, Ser. A<sup>(a)</sup> <br>| 4.00 | 9/1/2028 | 3920000 | 3994600 |
|  |  |  |  | **6728696** |
| **Texas — 13.0%** | **Texas — 13.0%** | **Texas — 13.0%** | **Texas — 13.0%** | **Texas — 13.0%** |
| &nbsp;&nbsp;&nbsp; Alamo Heights Independent School District, GO, (Insured; Permanent School <br> Fund Guarantee Program) Ser. B<sup>(a)</sup> <br>| 3.00 | 2/1/2026 | 3220000 | 3220097 |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp., Revenue Bonds, Refunding (Insured; <br> Permanent School Fund Guarantee Program) Ser. C<br>| 5.00 | 12/1/2028 | 820000 | 869769 |
| &nbsp;&nbsp;&nbsp; Boerne Independent School District, GO (Insured; Permanent School Fund <br> Guarantee Program)<sup>(a)</sup> <br>| 4.00 | 2/1/2028 | 4000000 | 4105611 |

---

**9**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** |
| **Texas — 13.0% (continued)** | **Texas — 13.0% (continued)** | **Texas — 13.0% (continued)** | **Texas — 13.0% (continued)** | **Texas — 13.0% (continued)** |
| Central Texas Turnpike System, Revenue Bonds, Refunding, Ser. B<sup>(a)</sup> <br>| 5.00 | 8/15/2030 | 1625000 | 1750786 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Revenue Bonds, Refunding (Idea Public <br> Schools)(Insured; Permanent School Fund Guarantee Program)<br>| 5.00 | 8/15/2030 | 1500000 | 1645298 |
| Dallas Fort Worth International Airport, Revenue Bonds, Refunding, Ser. B | 5.00 | 11/1/2027 | 1250000 | 1305725 |
| Dallas Fort Worth International Airport, Revenue Bonds, Refunding, Ser. C | 5.00 | 11/1/2026 | 2085000 | 2125916 |
| &nbsp;&nbsp;&nbsp; Dallas Housing Finance Corp., Revenue Bonds (Rosemont at Ash Creek <br> Apartment) (Insured; Federal Housing Administration)<sup>(a)</sup> <br>| 5.00 | 7/1/2026 | 1750000 | 1750000 |
| Dallas Waterworks & System, Revenue Bonds, Refunding, Ser. A | 5.00 | 10/1/2029 | 2500000 | 2545281 |
| Denton County, GO, Refunding | 4.00 | 7/15/2032 | 3700000 | 3704571 |
| Eagle Mountain & Saginaw Independent School District, GO<sup>(a),(d)</sup> <br>| 4.00 | 8/1/2027 | 10000 | 10218 |
| Eagle Mountain & Saginaw Independent School District, GO<sup>(a)</sup> <br>| 4.00 | 8/1/2027 | 1115000 | 1135412 |
| &nbsp;&nbsp;&nbsp; Fort Bend Independent School District, GO, Refunding (Insured; Permanent <br> School Fund Guarantee Program) Ser. B<sup>(a)</sup> <br>| 0.72 | 8/1/2026 | 1605000 | 1573218 |
| Grand Parkway Transportation Corp., Revenue Bonds, Ser. A | 5.00 | 10/1/2030 | 2025000 | 2136475 |
| &nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance Corp., Revenue Bonds, <br> Refunding (Memorial Hermann Health System Obligated Group) Ser. C<sup>(a)</sup> <br>| 5.00 | 7/1/2029 | 1250000 | 1329264 |
| &nbsp;&nbsp;&nbsp; Housing Options, Inc., Revenue Bonds (Royal Crest Apartments)(Insured; HUD <br> SECT 8)<sup>(a)</sup> <br>| 3.05 | 2/1/2028 | 2000000 | 2001493 |
| Lower Colorado River Authority, Revenue Bonds, Refunding, Ser. B<sup>(a)</sup> <br>| 5.00 | 5/15/2028 | 590000 | 614704 |
| McLennan County Junior College District, GO, Refunding | 4.00 | 8/15/2028 | 2500000 | 2579192 |
| &nbsp;&nbsp;&nbsp; Northside Independent School District, GO, Refunding (Insured; Permanent <br> School Fund Guarantee Program) Ser. B<sup>(a)</sup> <br>| 3.45 | 8/1/2027 | 3945000 | 3972556 |
| San Antonio Municipal Facilities Corp., Revenue Bonds<sup>(a)</sup> <br>| 5.00 | 8/1/2027 | 2800000 | 2889555 |
| San Antonio Texas Electric & Gas Systems, Revenue Bonds, Refunding<sup>(a)</sup> <br>| 1.75 | 2/1/2026 | 2500000 | 2500000 |
| San Antonio Water System, Revenue Bonds<sup>(a)</sup> <br>| 1.00 | 11/1/2026 | 1275000 | 1247001 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp., Revenue Bonds, <br> Refunding, Ser. B<sup>(a)</sup> <br>| 5.00 | 11/15/2029 | 7500000 | 8057850 |
| Texas A&M University, Revenue Bonds, Refunding, Ser. E | 5.00 | 5/15/2028 | 1710000 | 1767717 |
| &nbsp;&nbsp;&nbsp; Texas Independent School District, GO, Refunding (Insured; Permanent School <br> Fund Guarantee Program)<br>| 4.00 | 8/15/2027 | 1970000 | 2010547 |
| &nbsp;&nbsp;&nbsp; Thorndale Independent School District, GO (Insured; Permanent School Fund <br> Guarantee Program)<br>| 5.00 | 8/15/2028 | 615000 | 651183 |
| University of North Texas System, Revenue Bonds, Refunding, Ser. A | 5.00 | 4/15/2029 | 1250000 | 1345318 |
| &nbsp;&nbsp;&nbsp; Wink-Loving Independent School District, GO (Insured; Permanent School Fund <br> Guarantee Program)<br>| 5.00 | 2/15/2030 | 1000000 | 1048704 |
| &nbsp;&nbsp;&nbsp; Wink-Loving Independent School District, GO (Insured; Permanent School Fund <br> Guarantee Program)<br>| 5.00 | 2/15/2031 | 1000000 | 1049280 |
|  |  |  |  | **60942741** |
| **U.S. Related — .8%** | **U.S. Related — .8%** | **U.S. Related — .8%** | **U.S. Related — .8%** | **U.S. Related — .8%** |
| Guam, Revenue Bonds, Refunding, Ser. G | 5.00 | 1/1/2028 | 1250000 | 1296339 |
| Guam, Revenue Bonds, Refunding, Ser. G | 5.00 | 1/1/2029 | 1255000 | 1323308 |
| Puerto Rico, Notes<sup>(b)</sup> <br>| 2.96 | 11/1/2051 | 1439959 | 941373 |
|  |  |  |  | **3561020** |
| **Utah — .2%** | **Utah — .2%** | **Utah — .2%** | **Utah — .2%** | **Utah — .2%** |
| &nbsp;&nbsp;&nbsp; Utah Charter School Finance Authority, Revenue Bonds (American Leadership <br> Academy Project)<br>| 5.00 | 10/15/2026 | 375000 | 380503 |
| &nbsp;&nbsp;&nbsp; Utah Charter School Finance Authority, Revenue Bonds (American Leadership <br> Academy Project)<br>| 5.00 | 10/15/2028 | 415000 | 438420 |
|  |  |  |  | **818923** |
| **Virginia — 2.1%** | **Virginia — 2.1%** | **Virginia — 2.1%** | **Virginia — 2.1%** | **Virginia — 2.1%** |
| Harrisonburg Redevelopment & Housing Authority, Revenue Bonds<sup>(a)</sup> <br>| 3.57 | 10/1/2027 | 2250000 | 2264125 |

---

**10**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** | **Long-Term Municipal Investments — 98.9% (continued)** |
| **Virginia — 2.1% (continued)** | **Virginia — 2.1% (continued)** | **Virginia — 2.1% (continued)** | **Virginia — 2.1% (continued)** | **Virginia — 2.1% (continued)** |
| &nbsp;&nbsp;&nbsp; Louisa Industrial Development Authority, Revenue Bonds (Virginia Electric & <br> Power Co.) Ser. C<sup>(a)</sup> <br>| 3.80 | 5/28/2027 | 1125000 | 1137711 |
| &nbsp;&nbsp;&nbsp; Virginia Commonwealth Transportation Board, Revenue Bonds, Refunding, Ser. <br> A<br>| 5.00 | 5/15/2031 | 5000000 | 5228302 |
| &nbsp;&nbsp;&nbsp; Virginia Commonwealth University Health System Authority Revenue, Revenue <br> Bonds, Refunding (LOC; TD Bank NA) Ser. B<sup>(b)</sup> <br>| 2.85 | 7/1/2037 | 1000000 | 1000000 |
|  |  |  |  | **9630138** |
| **Washington — 1.7%** | **Washington — 1.7%** | **Washington — 1.7%** | **Washington — 1.7%** | **Washington — 1.7%** |
| King County Housing Authority, Revenue Bonds, Refunding | 4.00 | 10/1/2026 | 150000 | 151225 |
| King County Housing Authority, Revenue Bonds, Refunding | 5.00 | 1/1/2027 | 200000 | 203756 |
| King County Housing Authority, Revenue Bonds, Refunding | 5.00 | 1/1/2028 | 300000 | 309712 |
| Port of Seattle, Revenue Bonds | 5.00 | 5/1/2026 | 5000000 | 5043637 |
| &nbsp;&nbsp;&nbsp; Snohomish County School District No. 103 Monroe, GO, Refunding (Insured; <br> School Board Guaranty)<br>| 5.00 | 12/1/2028 | 600000 | 643385 |
| &nbsp;&nbsp;&nbsp; Snohomish County School District No. 103 Monroe, GO, Refunding (Insured; <br> School Board Guaranty)<br>| 5.00 | 12/1/2029 | 1000000 | 1093504 |
| &nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, Revenue Bonds, Refunding (Fred <br> Hutchinson Cancer Center)<sup>(e)</sup> <br>| 5.00 | 12/1/2025 | 275000 | 275000 |
|  |  |  |  | **7720219** |
| **West Virginia — .7%** | **West Virginia — .7%** | **West Virginia — .7%** | **West Virginia — .7%** | **West Virginia — .7%** |
| West Virginia Economic Development Authority, Revenue Bonds, Ser. B<sup>(a)</sup> <br>| 3.70 | 6/1/2028 | 2000000 | 2037121 |
| &nbsp;&nbsp;&nbsp; West Virginia Higher Education Policy Commission, Revenue Bonds, Refunding <br> (Community & Technical Colleges Capital Improvement)<br>| 5.00 | 7/1/2030 | 1000000 | 1033921 |
|  |  |  |  | **3071042** |
| **Wisconsin — .8%** | **Wisconsin — .8%** | **Wisconsin — .8%** | **Wisconsin — .8%** | **Wisconsin — .8%** |
| Public Finance Authority, Revenue Bonds, Refunding (Kahala Nui Project) | 5.00 | 11/15/2026 | 275000 | 278791 |
| Public Finance Authority, Revenue Bonds, Refunding (Kahala Nui Project) | 5.00 | 11/15/2027 | 290000 | 298388 |
| Public Finance Authority, Revenue Bonds, Refunding (Kahala Nui Project) | 5.00 | 11/15/2028 | 375000 | 391593 |
| Public Finance Authority, Revenue Bonds, Refunding (Kahala Nui Project) | 5.00 | 11/15/2029 | 300000 | 317669 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, Revenue Bonds, Refunding <br> (Advocate Aurora Health Obligated Group)<sup>(a)</sup> <br>| 5.00 | 6/24/2026 | 1500000 | 1517460 |
| &nbsp;&nbsp;&nbsp; Wisconsin Health & Educational Facilities Authority, Revenue Bonds, Refunding <br> (Advocate Aurora Health Obligated Group) Ser. B2<sup>(a)</sup> <br>| 5.00 | 6/24/2026 | 1000000 | 1011640 |
|  |  |  |  | **3815541** |
| &nbsp;&nbsp;&nbsp; **Total Long-Term Municipal Investments** <br>(cost $459,124,720)<br>|  |  |  | **462143031** |
| **Short-Term Municipal Investments — .7%** | **Short-Term Municipal Investments — .7%** | **Short-Term Municipal Investments — .7%** | **Short-Term Municipal Investments — .7%** | **Short-Term Municipal Investments — .7%** |
| **South Carolina — .7%** |  |  |  |  |
| Saxe Gotha-Lexington Public Facilities Corp., Revenue Notes, Refunding | 4.75 | 3/12/2026 | 3300000 | **3313552** |
| **Washington — .0%** |  |  |  |  |
| King County Housing Authority, Revenue Bonds, Refunding | 5.00 | 7/1/2026 | 200000 | **201909** |
| &nbsp;&nbsp;&nbsp; **Total Short-Term Municipal Investments** <br>(cost $3,509,869)<br>|  |  |  | **3515461** |
| **Total Investments** (cost $462,634,589) | **Total Investments** (cost $462,634,589) |  | **99.6%** | **465658492** |
| **Cash and Receivables (Net)** | **Cash and Receivables (Net)** |  | **.4%** | **1691618** |
| **Net Assets**  | **Net Assets**  | **Net Assets**  | **100.0%** | **467350110** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

*BAN—Bond Anticipation Notes* <br> *COP—Certificate of Participation* <br> *FHLMC—Federal Home Loan Mortgage Corporation*

**11**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

---

| |
|:---|
| *FNMA—Federal National Mortgage Association* |
| *GNMA—Government National Mortgage Association* |
| *GO—Government Obligation* |
| *LOC—Letter of Credit* |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> *These securities have a put feature; the date shown represents the put date and the bond holder can take a specific action to retain the bond after the put date.*

<sup>(b)</sup> *The Variable Rate is determined by the Remarketing Agent in its sole discretion based on prevailing market conditions and may, but need not, be established by* *reference to one or more financial indices.* 

<sup>(c)</sup> *Multi-coupon. Zero coupon until a specified date at which time the stated coupon rate becomes effective until maturity.*

<sup>(d)</sup> *These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are collateralized by U.S. Government securities* *which are held in escrow and are used to pay principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.* 

<sup>(e)</sup> *Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from* *registration, normally to qualified institutional buyers. At November 30, 2025, these securities amounted to $275,000 or .1% of net assets.* 

*See notes to schedule of investments.*

**12**

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Schedule of Investments

BNY Mellon National Short-Term Municipal Bond Fund

November 30, 2025 (Unaudited)

The following is a summary of the inputs used as of November 30, 2025 in valuing the fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2- Other** <br>**Significant** <br>**Observable Inputs**<br>| **Level 3-** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>| **Total** |
| **Assets ($)** |  |  |  |  |
| Investments in Securities:<sup>†</sup> <br>|  |  |  |  |
| Municipal Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; 465658492 | &nbsp;&nbsp; — | &nbsp;&nbsp; **465658492** |
|  | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **465658492** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **465658492** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>†</sup> *See Schedule of Investments for additional detailed categorizations, if any.*

**13**

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The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") is the exclusive reference of authoritative U.S. generally accepted accounting principles ("GAAP") recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission ("SEC") under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund's investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

**Level 1**—unadjusted quoted prices in active markets for identical investments.

**Level 2**—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

**Level 3**—significant unobservable inputs (including the fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund's investments are as follows:

The Trust's Board of Trustees (the "Board") has designated the Adviser as the fund's valuation designee to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

Investments in municipal securities are valued each business day by an independent pricing service (the "Service"). Investments for which quoted bid prices are readily available and are representative of the bid side of the market in the judgment of the Service are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as calculated by the Service based upon its evaluation of the market for such securities). Municipal investments (which constitute a majority of the portfolio securities) are carried at fair value as determined by the Adviser based on values supplied by the Service, based on methods which include consideration of the following: yields or prices of municipal securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. The Service is engaged under the general oversight of the Adviser. All of the preceding securities are generally categorized within Level 2 of the fair value hierarchy.

When market quotations or official closing prices are not readily available, or are determined not to accurately reflect fair value, such as when the value of a security has been significantly affected by events after the close of the exchange or market on which the security is principally traded, but before the fund calculates its net asset value, the fund may value these investments at fair value as determined in accordance with the procedures approved by the Board. Certain factors may be considered when fair valuing investments such as: fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

At November 30, 2025, accumulated net unrealized appreciation on investments was $3,023,903, consisting of $4,188,929 gross unrealized appreciation and $1,165,026 gross unrealized depreciation.

At November 30, 2025, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Schedule of Investments).

**14**

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Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.

**15**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY MELLON FUNDS TRUST

- **b. Investment Company Act file number:** 811-09903

- **c. CIK number of Registrant:** 0001111565

- **d. LEI of Registrant:** 549300HDJ28GEP2W5P96

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

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

- **a. Name of Series:** BNY Mellon National Short-Term Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000000366

- **c. LEI of Series:** 5493007ZKED3O6LBWI93

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

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

- **b. Date as of which information is reported:** 2025-11-30

**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:** $471522973.06

**Total Liabilities:** $4017272.77

**Net Assets:** $467505700.29

**Delayed Delivery Securities:** $2716250.00

**Cash Not Reported:** $1950.92

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 2042.26502000 | **1-Year:** 50523.80140000 | **5-Year:** 46772.34171000 | **10-Year:** 8696.44147000 | **30-Year:** 5.75624000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000948 | 0.22%                | 0.00%                | 0.13%                |
| Class ID C000000949 | 0.20%                | -0.02%               | 0.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $18228.85                | $237002.99                                 |
| Month 2  | $63.12                   | $-1291078.17                               |
| Month 3  | $58578.52                | $-208349.54                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LINCOLN CNTY OR SCH DIST       | Lincoln County School District/OR                                                | CUSIP: 533404CU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1276560.79   | 0.27%             | 2029-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SNOHOMISH CNTY WA SCH DIST #10 | Snohomish County School District No 103 Monroe                                   | CUSIP: 833209MG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093503.80   | 0.23%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PH73<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    375000 | PA      | $391592.66    | 0.08%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JGW7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011640.30   | 0.22%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST BRD OF PUBLIC BLDG | Missouri State Board of Public Buildings                                         | CUSIP: 606341GM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001826.40   | 0.43%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV REVENUES   | Texas A&M University                                                             | CUSIP: 88213AKX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1767716.60   | 0.38%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL SCH BRD COP | Palm Beach County School District                                                | CUSIP: 696550M33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1217861.70   | 0.26%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | South Carolina Public Service Authority                                          | CUSIP: 8371515Z8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067524.80   | 0.23%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FLA INDL DEV | Hillsborough County Industrial Development Authority                             | CUSIP: 43233KAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3809822.09   | 0.81%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA WTR & SWR AUT | District of Columbia Water & Sewer Authority                                     | CUSIP: 254845NN6<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2833160.83   | 0.61%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHRT SCH FIN AUTH CHRT | Utah Charter School Finance Authority                                            | CUSIP: 91754T4C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $438419.99    | 0.09%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST INVESTMENT FIN AUT | Nebraska Investment Finance Authority                                            | CUSIP: 63968MUU1<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    870000 | PA      | $868743.20    | 0.19%             | 2049-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HSG & MTGE FIN | Rhode Island Housing & Mortgage Finance Corp                                     | CUSIP: 76221TML0<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1021275.15   | 0.22%             | 2050-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BREVARD CNTY FL SCH BRD COPS   | Brevard County School District                                                   | CUSIP: 107431LA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1438151.69   | 0.31%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PH81<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    300000 | PA      | $317668.65    | 0.07%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | New York State Dormitory Authority                                               | CUSIP: 64985SCZ4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1175477.71   | 0.25%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THORNDALE TX INDEP SCH DIST    | Thorndale Independent School District/TX                                         | CUSIP: 885239JF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $651183.03    | 0.14%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT BUSINESS PRIVILEGE T | Territory of Guam                                                                | CUSIP: 40065NCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1255000 | PA      | $1323308.52   | 0.28%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S E OVERTOWN PARK W CMNTY REDE | Southeast Overtown Park West Community Redevelopment Agency                      | CUSIP: 841466AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $820887.04    | 0.18%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA HSG AUTH          | King County Housing Authority                                                    | CUSIP: 494759SF1<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201908.82    | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST HSG & CMNTY SVCS DEP | State of Oregon Housing & Community Services Department                          | CUSIP: 686087B63<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007486.40   | 0.22%             | 2050-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| ALASKA ST INTERNATIONAL ARPTS  | State of Alaska International Airports System                                    | CUSIP: 011842VG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2661959.66   | 0.57%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOPLIN MO SCHS                 | Joplin Schools                                                                   | CUSIP: 48068TBX1<br>LEI: 549300LQYWEE2YEJQV54 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2098160.00   | 0.45%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHREVEPORT LA                  | City of Shreveport LA                                                            | CUSIP: 8254345X7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $354190.00    | 0.08%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CASINO REINVESTMENT DEV AUTH N | Casino Reinvestment Development Authority Inc                                    | CUSIP: 14760RBX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $539403.00    | 0.12%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HSG OPTIONS INC TX MF REVENUE  | Housing Options Inc/TX                                                           | CUSIP: 44183TAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001492.60   | 0.43%             | 2045-02-01      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE  | Metropolitan Transportation Authority                                            | CUSIP: 59261A5T0<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3091244.27   | 0.66%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                              | CUSIP: 70879QT78<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    200000 | PA      | $219016.08    | 0.05%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BREVARD CNTY FL SCH BRD COPS   | Brevard County School District                                                   | CUSIP: 107431LH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1853814.90   | 0.40%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447T2Y8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051263.30   | 0.22%             | 2043-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525ZN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $597225.01    | 0.13%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST POLL CONTROL FIN | California Pollution Control Financing Authority                                 | CUSIP: 130536KL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007286.70   | 0.22%             | 2027-12-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XB47<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1087909.80   | 0.23%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532FD1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1072344.66   | 0.23%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VAN BUREN MI PUBLIC SCHS       | Van Buren Public Schools/MI                                                      | CUSIP: 920729MU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1225226.50   | 0.26%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY MF HSG REV | Ohio Housing Finance Agency                                                      | CUSIP: 676900XP3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009081.60   | 0.22%             | 2047-11-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PH57<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    275000 | PA      | $278791.51    | 0.06%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HGR EDU BLDG | Allegheny County Higher Education Building Authority                             | CUSIP: 01728RPA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1668892.12   | 0.36%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HLTH SYS R | Indiana Finance Authority                                                        | CUSIP: 45470YGD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4541324.33   | 0.97%             | 2064-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP  | Arlington Higher Education Finance Corp                                          | CUSIP: 041807NG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $869769.41    | 0.19%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA HSG AUTH GTD R | Philadelphia Housing Authority                                                   | CUSIP: 71783TAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5522453.56   | 1.18%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLOOMINGTON IN PUBLIC BLDG COR | City of Bloomington Public Building Corp/The                                     | CUSIP: 094713AF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $741290.13    | 0.16%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HGR EDU POLIC | West Virginia Higher Education Policy Commission                                 | CUSIP: 95639RGJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033920.60   | 0.22%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FYZ2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    515000 | PA      | $535782.77    | 0.11%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COMMO | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   7360000 | PA      | $7657532.42   | 1.64%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST INTERNATIONAL ARPTS  | State of Alaska International Airports System                                    | CUSIP: 011842VH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1988723.31   | 0.43%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HLTH & EDUCTNL | Rhode Island Health and Educational Building Corp                                | CUSIP: 762196EY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9915000 | PA      | $9930212.58   | 2.12%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH FL REDEV AGY       | Miami Beach Redevelopment Agency                                                 | CUSIP: 593237FU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1698358.35   | 0.36%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST CMWLTH TRANSPRTN B | Virginia Commonwealth Transportation Board                                       | CUSIP: 927793D97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5228302.00   | 1.12%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERNON CA ELEC SYS REVENUE     | City of Vernon CA Electric System Revenue                                        | CUSIP: 924397ES7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $608219.34    | 0.13%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532PY4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2210613.98   | 0.47%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET PIER & EXPOSITION AUTH IL  | Metropolitan Pier & Exposition Authority                                         | CUSIP: 592250FW9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3109301.10   | 0.67%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | Dallas Fort Worth International Airport                                          | CUSIP: 23503CDG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2125916.46   | 0.45%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES | New York State Dormitory Authority                                               | CUSIP: 64985SBZ5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6424516.80   | 1.37%             | 2048-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRISONBURG VA REDEV & HSG AU | Harrisonburg Redevelopment & Housing Authority                                   | CUSIP: 415690NY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2264125.50   | 0.48%             | 2045-10-01      | Variable      | 3.57%                 | No            |                  2 | On Loan: No      |
| DALLAS TX WTRWKS & SWR SYS REV | City of Dallas TX Waterworks & Sewer System Revenue                              | CUSIP: 23542JAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2545281.00   | 0.54%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL TOURIST DEV TAX | Orange County Convention Center/Orlando                                          | CUSIP: 684545ZH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017392.40   | 0.22%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDEP SCH DIST # | Tulsa County Independent School District No 4 Bixby                              | CUSIP: 899576HE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5163518.00   | 1.10%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PROPERTY & BLDGS C | Kentucky State Property & Building Commission                                    | CUSIP: 49151F3A6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3921480.00   | 0.84%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV | Build NYC Resource Corp                                                          | CUSIP: 12008EVY9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2920980.70   | 0.62%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAGLE MOUNTAIN & SAGINAW TX IN | Eagle Mountain & Saginaw Independent School District                             | CUSIP: 269696SJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $10217.52     | 0.00%             | 2050-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525W61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1452683.65   | 0.31%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE     | Port of Seattle WA                                                               | CUSIP: 735389C55<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5043637.00   | 1.08%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PH65<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    290000 | PA      | $298387.76    | 0.06%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH POLL CO | Development Authority of Burke County/The                                        | CUSIP: 121342QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006926.20   | 0.43%             | 2053-11-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| RURAL WTR FING AGY KY PUBLIC P | Rural Water Financing Agency                                                     | CUSIP: 781741JR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4934611.50   | 1.06%             | 2028-05-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST CMWLTH UNIV HLTH S | Virginia Commonwealth University Health System Authority                         | CUSIP: 92778LDL1<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.21%             | 2037-07-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| S E OVERTOWN PARK W CMNTY REDE | Southeast Overtown Park West Community Redevelopment Agency                      | CUSIP: 841466AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $784968.45    | 0.17%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FXR0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    790000 | PA      | $846135.82    | 0.18%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS CITY MO PLANNED INDL EX | Kansas City Planned Industrial Expansion Authority                               | CUSIP: 48507MAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3215392.43   | 0.69%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI ST BUSINESS FIN CO | Mississippi Business Finance Corp                                                | CUSIP: 60528ACB8<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1800000.00   | 0.39%             | 2035-11-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REVENUE    | Indiana Finance Authority                                                        | CUSIP: 45506DYS8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5072244.50   | 1.08%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FYY5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    490000 | PA      | $504336.18    | 0.11%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power Water System Revenue                     | CUSIP: 544525Y93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2960173.43   | 0.63%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57585BLF3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1841836.90   | 0.39%             | 2041-07-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST ECON DEV AUTH | West Virginia Economic Development Authority                                     | CUSIP: 95648VBX6<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2037121.20   | 0.44%             | 2042-12-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                              | CUSIP: 70879QT52<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    250000 | PA      | $267512.25    | 0.06%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSON CNTY MO SPL OBLG       | County of Jackson MO                                                             | CUSIP: 467578JW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1346021.26   | 0.29%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY OR SCH DIST       | Lincoln County School District/OR                                                | CUSIP: 533404CT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $949277.27    | 0.20%             | 2028-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SARPY CNTY NE SCH DIST #37     | Gretna Public Schools                                                            | CUSIP: 803770XC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4650000 | PA      | $4839210.83   | 1.04%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL AVIATION RE | County of Miami-Dade FL Aviation Revenue                                         | CUSIP: 59333PT24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1155042.17   | 0.25%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                              | CUSIP: 70879QT60<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    300000 | PA      | $326481.06    | 0.07%             | 2030-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA HSG AUTH GTD R | Philadelphia Housing Authority                                                   | CUSIP: 71783TAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2489219.34   | 0.53%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFN9<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3783722.42   | 0.81%             | 2055-06-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY       | Minnesota Housing Finance Agency                                                 | CUSIP: 60416S4E7<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    660000 | PA      | $657618.06    | 0.14%             | 2050-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 70870JGZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3258171.60   | 0.70%             | 2060-03-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BOERNE TX INDEP SCH DIST       | Boerne Independent School District                                               | CUSIP: 097067NQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4105610.80   | 0.88%             | 2054-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| EAGLE MOUNTAIN & SAGINAW TX IN | Eagle Mountain & Saginaw Independent School District                             | CUSIP: 269696SK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1135412.19   | 0.24%             | 2050-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNEAPOLIS MN HLTH CARE SYS R | City of Minneapolis MN                                                           | CUSIP: 60374VEW9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1281150.80   | 0.27%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DJR4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    835000 | PA      | $876109.72    | 0.19%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HSG FIN AGY SF | Pennsylvania Housing Finance Agency                                              | CUSIP: 70879QT45<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $531773.20    | 0.11%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S E ALABAMA ST GAS SPLY DIST G | Southeast Alabama Gas Supply District/The                                        | CUSIP: 84131TBE1<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |    750000 | PA      | $754797.90    | 0.16%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX WTR REVENUE     | San Antonio Water System                                                         | CUSIP: 79642GNB4<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1247000.87   | 0.27%             | 2043-05-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FXD1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $3033948.40   | 0.65%             | 2058-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA HSG AUTH GTD R | Philadelphia Housing Authority                                                   | CUSIP: 71783TAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2730000 | PA      | $2850601.30   | 0.61%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION  | Central Texas Turnpike System                                                    | CUSIP: 88283KBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1750785.73   | 0.37%             | 2042-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XB39<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068446.50   | 0.23%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | Triborough Bridge & Tunnel Authority                                             | CUSIP: 89602HHD2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5159042.50   | 1.10%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINK LOVING TX INDEP SCH DIST  | Wink-Loving Independent School District                                          | CUSIP: 974170EZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048703.60   | 0.22%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH FL REDEV AGY       | Miami Beach Redevelopment Agency                                                 | CUSIP: 593237FT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024840.20   | 0.22%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAB9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517538.95    | 0.11%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN | State of Hawaii Department of Budget & Finance                                   | CUSIP: 419800NY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2068977.80   | 0.44%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CNTY PA MUNI AUTH   | Cumberland County Municipal Authority                                            | CUSIP: 230614NQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1140331.18   | 0.24%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S E OVERTOWN PARK W CMNTY REDE | Southeast Overtown Park West Community Redevelopment Agency                      | CUSIP: 841466BG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1282636.00   | 0.27%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS CITY TX INDEP SCH DIST   | Texas City Independent School District/TX                                        | CUSIP: 882270TM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1970000 | PA      | $2010546.54   | 0.43%             | 2027-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALAMO HEIGHTS TX INDEP SCH DIS | Alamo Heights Independent School District                                        | CUSIP: 011338XN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3220096.92   | 0.69%             | 2043-02-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| HIALEAH FL UTIL SYS REVENUE    | City of Hialeah FL Utility System                                                | CUSIP: 428415AF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1515199.54   | 0.32%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH HOSP  | Arkansas Development Finance Authority                                           | CUSIP: 04109FCC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $767650.33    | 0.16%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FVK7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3605000 | PA      | $3662813.75   | 0.78%             | 2062-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DEF7<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504424.90    | 0.11%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532EF7<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056497.20   | 0.23%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153JJ9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028829.80   | 0.22%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638TJT1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8057850.00   | 1.72%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEBRASKA ST INVESTMENT FIN AUT | Nebraska Investment Finance Authority                                            | CUSIP: 63968MYH6<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2665736.49   | 0.57%             | 2045-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DENTON CNTY TX                 | County of Denton TX                                                              | CUSIP: 2487753B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3704571.35   | 0.79%             | 2032-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH MF HS | Illinois Housing Development Authority                                           | CUSIP: 45203LFB4<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003601.20   | 0.43%             | 2029-02-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| CHANDLER AZ INDL DEV AUTH INDL | Chandler Industrial Development Authority                                        | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030657.60   | 0.43%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST ECON DEV FING  | Pennsylvania Economic Development Financing Authority                            | CUSIP: 708692BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3253184.68   | 0.70%             | 2041-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FZA6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    810000 | PA      | $852913.88    | 0.18%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLOOMINGTON IN PUBLIC BLDG COR | City of Bloomington Public Building Corp/The                                     | CUSIP: 094713AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $793130.82    | 0.17%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST HSG AUTH MTGE PURCHAS | Maine State Housing Authority                                                    | CUSIP: 56052FPX7<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1023436.89   | 0.22%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDL AUTH EDUCTN | Tulsa County Industrial Authority                                                | CUSIP: 89952PHN8<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    305000 | PA      | $316616.20    | 0.07%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLOOMINGTON IN PUBLIC BLDG COR | City of Bloomington Public Building Corp/The                                     | CUSIP: 094713AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $807622.44    | 0.17%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL HSG FIN AUTH MF HS | Lee County Housing Finance Authority                                             | CUSIP: 52349HBH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2862516.63   | 0.61%             | 2042-12-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| MCLENNAN CNTY TX JNR CLG DIST  | McLennan County Junior College District                                          | CUSIP: 582188LJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2579192.50   | 0.55%             | 2028-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST BUSINESS DEV COMMISS | Oregon State Business Development Commission                                     | CUSIP: 68609AAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3022338.00   | 0.65%             | 2040-12-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| S E OVERTOWN PARK W CMNTY REDE | Southeast Overtown Park West Community Redevelopment Agency                      | CUSIP: 841466BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046624.60   | 0.22%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH HOSP  | Arkansas Development Finance Authority                                           | CUSIP: 04109FCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $844629.52    | 0.18%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST LOCAL GOVT ENVRNM | Louisiana Local Government Environmental Facilities & Community Development Auth | CUSIP: 54628CZ96<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    330000 | PA      | $356935.06    | 0.08%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DJD5<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2324824.63   | 0.50%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HIALEAH FL UTIL SYS REVENUE    | City of Hialeah FL Utility System                                                | CUSIP: 428415AG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1618885.11   | 0.35%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HSG FIN AUTH HS | Connecticut Housing Finance Authority                                            | CUSIP: 20775CR63<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1089071.90   | 0.23%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE  | State of Illinois Sales Tax Revenue                                              | CUSIP: 452227NE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2886497.63   | 0.62%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HSG & MTGE FIN | Rhode Island Housing & Mortgage Finance Corp                                     | CUSIP: 76221RH48<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |    880000 | PA      | $867452.61    | 0.19%             | 2050-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | Maricopa County Industrial Development Authority                                 | CUSIP: 56682HCT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3155891.25   | 0.68%             | 2046-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A | Washington Health Care Facilities Authority                                      | CUSIP: 93978HXS9<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    275000 | PA      | $275000.00    | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST HSG FIN & DE | South Carolina State Housing Finance & Development Authority                     | CUSIP: 83712DP26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1533545.06   | 0.33%             | 2052-01-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| BLOOMINGTON IN PUBLIC BLDG COR | City of Bloomington Public Building Corp/The                                     | CUSIP: 094713AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $884956.72    | 0.19%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FUND LTD | Michigan Strategic Fund                                                          | CUSIP: 594698TK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2993490.90   | 0.64%             | 2049-10-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MET WTR RECLAMATION | Metropolitan Water Reclamation District of Greater Chicago                       | CUSIP: 167560VT5<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114791.70   | 0.24%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DCV2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.21%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL  | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64972JTX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5350132.50   | 1.14%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX HSG FIN CORP         | City of Dallas Housing Finance Corp                                              | CUSIP: 235298BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750000.00   | 0.37%             | 2026-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE  | State of Illinois Sales Tax Revenue                                              | CUSIP: 452227UF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1529323.67   | 0.33%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH EDUCTNL FACS  | Indiana Finance Authority                                                        | CUSIP: 45470EEF8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1542523.65   | 0.33%             | 2029-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153JK6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1101579.78   | 0.24%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL PARK DIST           | Chicago Park District                                                            | CUSIP: 1676153K7<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2098647.32   | 0.45%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX CULTURAL EDU FA | Harris County Cultural Education Facilities Finance Corp                         | CUSIP: 414009SP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1329263.50   | 0.28%             | 2054-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON COAST OR CMNTY CLG DIST | Oregon Coast Community College District                                          | CUSIP: 68583NBT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $116242.59    | 0.02%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH SALES TA | New York State Dormitory Authority                                               | CUSIP: 64990AMH5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1074586.07   | 0.23%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DZS4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5896046.68   | 1.26%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    265000 | PA      | $268072.01    | 0.06%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| OREGON COAST OR CMNTY CLG DIST | Oregon Coast Community College District                                          | CUSIP: 68583NBV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $211615.76    | 0.05%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                      | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1439959 | PA      | $941373.07    | 0.20%             | 2051-11-01      | Variable      | 0.01%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORP  | Sales Tax Securitization Corp                                                    | CUSIP: 79467BHH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061386.60   | 0.23%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDL AUTH EDUCTN | Tulsa County Industrial Authority                                                | CUSIP: 89952PHP3<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    700000 | PA      | $741655.32    | 0.16%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DKB7<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3540793.08   | 0.76%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CASS CNTY ND JT WTR RESOURCE D | Cass County Joint Water Resource District                                        | CUSIP: 14805PBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2501197.00   | 0.54%             | 2027-04-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HSG AUTH REVENUE   | Delaware State Housing Authority                                                 | CUSIP: 246395C21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1100482.34   | 0.24%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| SHAWNEE CNTY KS MF HSG REVENUE | County of Shawnee KS                                                             | CUSIP: 82056AAA6<br>LEI: 5493007F3P7G61QTP515 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3023079.30   | 0.65%             | 2059-05-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DEH3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039737.50   | 0.22%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH HLTH SYS R | Indiana Finance Authority                                                        | CUSIP: 45470YFL0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1159580.48   | 0.25%             | 2062-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| INGLEWOOD CA UNIF SCH DIST     | Inglewood Unified School District                                                | CUSIP: 457110NU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $706497.34    | 0.15%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL SCH BRD COP | Palm Beach County School District                                                | CUSIP: 696550L91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1859405.63   | 0.40%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST LOCAL GOVT ENVRNM | Louisiana Local Government Environmental Facilities & Community Development Auth | CUSIP: 54628CZ70<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    285000 | PA      | $296844.89    | 0.06%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FG82<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    620000 | PA      | $678406.54    | 0.15%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DEG5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    550000 | PA      | $563289.65    | 0.12%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHRT SCH FIN AUTH CHRT | Utah Charter School Finance Authority                                            | CUSIP: 91754T4A8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $380503.13    | 0.08%             | 2026-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST BLDG EXCELLENT SCH | State of Colorado                                                                | CUSIP: 19668QHJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2125489.04   | 0.45%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON COAST OR CMNTY CLG DIST | Oregon Coast Community College District                                          | CUSIP: 68583NBU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128619.81    | 0.03%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN | State of Hawaii Department of Budget & Finance                                   | CUSIP: 419800MS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1535000 | PA      | $1587940.46   | 0.34%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHREVEPORT LA                  | City of Shreveport LA                                                            | CUSIP: 8254345Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $328137.48    | 0.07%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINK LOVING TX INDEP SCH DIST  | Wink-Loving Independent School District                                          | CUSIP: 974170FA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049280.20   | 0.22%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | Dallas Fort Worth International Airport                                          | CUSIP: 23503CCM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1305725.25   | 0.28%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST HSG FIN & DE | South Carolina State Housing Finance & Development Authority                     | CUSIP: 83712D5M4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $371084.38    | 0.08%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RUTHERFORD CNTY TN HLTH & EDUC | Rutherford County Health & Educational Facilities Board                          | CUSIP: 78324PAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2734095.75   | 0.58%             | 2048-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DXK3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2103115.18   | 0.45%             | 2049-07-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH     | Colorado Housing and Finance Authority                                           | CUSIP: 196480FK8<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |    835000 | PA      | $835518.95    | 0.18%             | 2050-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532PA6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $522931.65    | 0.11%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDL AUTH EDUCTN | Tulsa County Industrial Authority                                                | CUSIP: 89952PHM0<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    300000 | PA      | $304402.74    | 0.07%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CASINO REINVESTMENT DEV AUTH N | Casino Reinvestment Development Authority Inc                                    | CUSIP: 14760RBA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $727604.57    | 0.16%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST CONSERVANCY DI | South Dakota Conservancy District                                                | CUSIP: 837545LS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2055562.74   | 0.44%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL  | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DNW8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201897.24    | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XF27<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1321692.80   | 0.28%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 4521523A7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1083543.59   | 0.23%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HSG DEV COMMISSION | Missouri Housing Development Commission                                          | CUSIP: 60637BXS4<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1036191.83   | 0.22%             | 2050-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HLTH & EDUCTNL | Rhode Island Health and Educational Building Corp                                | CUSIP: 7621966B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $620340.24    | 0.13%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH     | Colorado Housing and Finance Authority                                           | CUSIP: 196480RB5<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1330474.14   | 0.28%             | 2051-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF N TEXAS UNIV REVENUE   | University of North Texas System                                                 | CUSIP: 914729XE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1345318.50   | 0.29%             | 2029-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINNEBAGO BOONE ETC CNTYS IL C | Winnebago-Boone Etc Counties Community College District No 511 Rock Valley Clg   | CUSIP: 974433JK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2290404.40   | 0.49%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHREVEPORT LA                  | City of Shreveport LA                                                            | CUSIP: 8254345V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $276341.15    | 0.06%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DJP8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517229.10    | 0.11%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153FT1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    550000 | PA      | $587458.19    | 0.13%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SPL OBLG REVE | Commonwealth of Massachusetts                                                    | CUSIP: 576004HB4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9993309.00   | 2.14%             | 2026-07-15      | Fixed         | 3.68%                 | No            |                  2 | On Loan: No      |
| LEWIS CENTRL IA CMNTY SCH DIST | Lewis Central Community School District                                          | CUSIP: 528011GB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3115000 | PA      | $3216407.27   | 0.69%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIO RANCHO NM GROSS RECPTS TAX | City of Rio Rancho NM Gross Receipts Tax Revenue                                 | CUSIP: 767169EY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1139891.21   | 0.24%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST GOVTL FACS AUTH       | Maine Governmental Facilities Authority                                          | CUSIP: 56041MXX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $364666.86    | 0.08%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAC7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    785000 | PA      | $826604.69    | 0.18%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CNTY OK INDEP SCH DIS | Oklahoma County Independent School District No 89 Oklahoma City                  | CUSIP: 678841LQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067989.60   | 0.44%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE  | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682YW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037311.40   | 0.22%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FYN8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074529.40   | 0.23%             | 2059-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HGR EDU FACS AUTH | Minnesota Health & Education Facilities Authority                                | CUSIP: 60416JJB7<br>LEI: 549300DI4V4CIPMX7K35 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3067701.30   | 0.66%             | 2053-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH R | Lower Colorado River Authority                                                   | CUSIP: 54811GM49<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    590000 | PA      | $614704.24    | 0.13%             | 2039-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SNOHOMISH CNTY WA SCH DIST #10 | Snohomish County School District No 103 Monroe                                   | CUSIP: 833209MF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $643384.68    | 0.14%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISA VA INDL DEV AUTH POLL C | Louisa Industrial Development Authority                                          | CUSIP: 546068AY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1137710.70   | 0.24%             | 2035-11-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| FLORIDA INSURANCE ASSISTANCE I | Florida Insurance Assistance Interlocal Agency Inc                               | CUSIP: 34074EAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3462766.34   | 0.74%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HSG FIN AGY RSDL MTGE  | Ohio Housing Finance Agency                                                      | CUSIP: 67756QG76<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1016944.32   | 0.22%             | 2050-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK SPL OBLIG   | Mississippi Development Bank                                                     | CUSIP: 60534XA97<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    810000 | PA      | $835575.99    | 0.18%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST LOCAL GOVT ENVRNM | Louisiana Local Government Environmental Facilities & Community Development Auth | CUSIP: 54628CZ62<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    510000 | PA      | $521134.58    | 0.11%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHREVEPORT LA                  | City of Shreveport LA                                                            | CUSIP: 8254345W9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $383720.44    | 0.08%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHSIDE TX INDEP SCH DIST    | Northside Independent School District                                            | CUSIP: 66702RK92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3945000 | PA      | $3972556.22   | 0.85%             | 2054-08-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA HSG AUTH          | King County Housing Authority                                                    | CUSIP: 494759SJ3<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    300000 | PA      | $309711.54    | 0.07%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY OR SCH DIST       | Lincoln County School District/OR                                                | CUSIP: 533404CS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $638569.65    | 0.14%             | 2027-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSPRTN CORP T | Grand Parkway Transportation Corp                                                | CUSIP: 38611TBF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2136474.83   | 0.46%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO | Arizona Industrial Development Authority                                         | CUSIP: 04052FDU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4175069.60   | 0.89%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647MJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2292719.40   | 0.49%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX ELEC & GAS REVE | City of San Antonio TX Electric & Gas Systems Revenue                            | CUSIP: 79625GBX0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.53%             | 2049-02-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| CANADIAN CNTY OK EDUCTNL FACS  | Canadian County Educational Facilities Authority                                 | CUSIP: 135521CM2<br>LEI: 549300HPRFS0Z66VHS30 | Long             | DBT              | MUN               | US        |    300000 | PA      | $304507.65    | 0.07%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182NBY5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    450000 | PA      | $451785.33    | 0.10%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PASSAIC VLY NJ SEWAGE COMMISSI | Passaic Valley Sewerage Commission                                               | CUSIP: 702826KZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4090000 | PA      | $4110579.65   | 0.88%             | 2028-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CASINO REINVESTMENT DEV AUTH N | Casino Reinvestment Development Authority Inc                                    | CUSIP: 14760RBC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078806.00   | 0.23%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKPORT IN POLL CONTROL REVEN | City of Rockport IN                                                              | CUSIP: 773835BY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3650000 | PA      | $3737395.60   | 0.80%             | 2047-06-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH     | Colorado Housing and Finance Authority                                           | CUSIP: 196480DQ7<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1037979.45   | 0.22%             | 2050-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| ARKANSAS ST DEV FIN AUTH PUBLI | Arkansas Development Finance Authority Public Safety Charges Revenue             | CUSIP: 04084DAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017984.60   | 0.22%             | 2029-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DJN3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512862.50    | 0.11%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FL HSG FIN AUT | Miami-Dade County Housing Finance Authority                                      | CUSIP: 593344CB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5026116.50   | 1.08%             | 2044-02-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY AFFORD | New York State Housing Finance Agency                                            | CUSIP: 64987J4L2<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5030662.50   | 1.08%             | 2064-11-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| FORT BEND TX INDEP SCH DIST    | Fort Bend Independent School District                                            | CUSIP: 346843SZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1573218.43   | 0.34%             | 2051-08-01      | Variable      | 0.72%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532DM3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2371836.21   | 0.51%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182NBX7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    420000 | PA      | $420000.00    | 0.09%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT BUSINESS PRIVILEGE T | Territory of Guam                                                                | CUSIP: 40065NCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1296338.63   | 0.28%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDL AUTH EDUCTN | Tulsa County Industrial Authority                                                | CUSIP: 89952PHF5<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    350000 | PA      | $378002.63    | 0.08%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX MUNI FACS CORP  | San Antonio Municipal Facilities Corp                                            | CUSIP: 796312DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2889554.64   | 0.62%             | 2050-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CASINO REINVESTMENT DEV AUTH N | Casino Reinvestment Development Authority Inc                                    | CUSIP: 14760RBB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $794698.35    | 0.17%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED | Clifton Higher Education Finance Corp                                            | CUSIP: 187145VW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1645298.40   | 0.35%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY HSG DEV CORP  | New York City Housing Development Corp                                           | CUSIP: 64972KBF1<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2424431.28   | 0.52%             | 2063-11-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| TULSA CNTY OK INDL AUTH EDUCTN | Tulsa County Industrial Authority                                                | CUSIP: 89952PHE8<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    350000 | PA      | $370827.66    | 0.08%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST HSG AUTH MTGE PURCHAS | Maine State Housing Authority                                                    | CUSIP: 56052FMY8<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1056439.44   | 0.23%             | 2048-11-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH ENVRNMNTL  | Indiana Finance Authority                                                        | CUSIP: 455059AJ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3270461.37   | 0.70%             | 2038-12-01      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA HSG AUTH WORKFORC | King County Housing Authority                                                    | CUSIP: 49476YAE7<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151224.93    | 0.03%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAXE GOTHA-LEXINGTON PUBLIC FA | Saxe Gotha-Lexington Public Facilities Corp                                      | CUSIP: 805547AU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3313552.11   | 0.71%             | 2026-03-12      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY OH CONVENTION FA | Franklin County Convention Facilities Authority                                  | CUSIP: 353174JS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4321061.24   | 0.92%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL SCH BRD COP | Palm Beach County School District                                                | CUSIP: 696550M25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2440917.90   | 0.52%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA               | District of Columbia                                                             | CUSIP: 25476FUD8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2133432.00   | 0.46%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | Maricopa County Industrial Development Authority                                 | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2770990.48   | 0.59%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DCM4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1718053.66   | 0.37%             | 2050-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HLTH & EDU FA | New Hampshire Health and Education Facilities Authority Act                      | CUSIP: 64461XJX4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2573026.40   | 0.55%             | 2040-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HLTH & EDUCTNL FA | Wisconsin Health & Educational Facilities Authority                              | CUSIP: 97712JGV9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1517460.45   | 0.32%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV                  | County of Clark NV                                                               | CUSIP: 180848RZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5105997.00   | 1.09%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE   | Tennergy Corp/TN                                                                 | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   3920000 | PA      | $3994600.34   | 0.85%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA HSG AUTH          | King County Housing Authority                                                    | CUSIP: 494759SG9<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203756.50    | 0.04%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PRIV CLGS & UNIVS AUTH GA      | Private Colleges & Universities Authority                                        | CUSIP: 74265L3B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5429796.50   | 1.16%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-01-23

**Name of Applicant:** BNY MELLON FUNDS TRUST

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer