# EDGAR Filing Document

**Accession Number:** 0001217286
**File Stem:** 0002071691-26-009290
**Filing Date:** 2026-4
**Character Count:** 145486
**Document Hash:** e1319d0cc7395cbbed83c7fb56e309ae
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-009290.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0002071691-26-009290

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JPMorgan Trust I
- **CENTRAL INDEX KEY:** 0001217286

**ORGANIZATION NAME:**
- **EIN:** 331043149
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21295
- **FILM NUMBER:** 26912528

**BUSINESS ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 800-480-4111

**MAIL ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** JP MORGAN MUTUAL FUND SERIES
- **DATE OF NAME CHANGE:** 20030204

## Series and Classes Contracts Data

### JPMorgan California Tax Free Bond Fund (Series ID: S000002945)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000008059 | Class I      | JPICX           |
| C000008060 | Class A      | JCBAX           |
| C000008061 | Class C      | JCBCX           |
| C000205201 | Class R6     | JCBSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JPMorgan Trust I

- **b. Investment Company Act file number:** 811-21295

- **c. CIK number of Registrant:** 0001217286

- **d. LEI of Registrant:** 549300DM5WZMCZZ70R78

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

  - **Street Address 1:** 390 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 800-480-4111

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

- **a. Name of Series:** JPMorgan California Tax Free Bond Fund

- **b. EDGAR series identifier (if any):** S000002945

- **c. LEI of Series:** 3HCMEJOPTTAMGNRV1B05

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2026-02-28

**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:** $497020417.36

**Total Liabilities:** $8301508.66

**Net Assets:** $488718908.70

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1261.80296000 | **1-Year:** 10390.94387000 | **5-Year:** 72481.83210000 | **10-Year:** 148547.23519000 | **30-Year:** 15400.48632000

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

- **3-Month:** 279.70401000 | **1-Year:** 1953.55031000 | **5-Year:** 1391.30461000 | **10-Year:** 1075.62053000 | **30-Year:** 24807.43656000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000008059 | -0.04%               | 0.75%                | 1.05%                |
| Class ID C000008060 | 0.05%                | 0.72%                | 1.02%                |
| Class ID C000008061 | -0.09%               | 0.69%                | 0.99%                |
| Class ID C000205201 | 0.07%                | 0.76%                | 1.06%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $40043.85                | $-1176486.40                               |
| Month 2  | $12930.45                | $2316289.31                                |
| Month 3  | $-3564.74                | $3579107.33                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                         | Title                                                                                                                               | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Alvord Unified School District                                               | Alvord Unified School District, 2007 Election, Series 2011B                                                                         | CUSIP: 022555UK0<br>LEI: 549300Q9J0UCO75DL276 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $4001780.35   | 0.82%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Antelope Valley-East Kern Water Agency Financing Authority                   | Antelope Valley-East Kern Water Agency Financing Authority, Series 2025B                                                            | CUSIP: 03672XAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032511.30   | 0.21%             | 2055-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                              | Baldwin County Industrial Development Authority, Novelis Corp., Project, Series 2025A                                               | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1046689.30   | 0.21%             | 2055-06-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | Bay Area Toll Authority, Toll Bridge, Series 2024I                                                                                  | CUSIP: 072024C75<br>LEI: 5493001FUZGUQMIP5D78 | Long             | STIV             | MUN               | US        |   8600000 | PA      | $8600000.00   | 1.76%             | 2059-04-01      | Variable      | 1.57%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                      | Bay Area Toll Authority, Toll Bridge, Series 2025F-2                                                                                | CUSIP: 072024J86<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1483362.54   | 0.30%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                               | Black Belt Energy Gas District, Gas Project, Series 2024D                                                                           | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4136742.75   | 0.85%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                               | Buckeye Tobacco Settlement Financing Authority, Series 2020B-2, Class 2                                                             | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4655000 | PA      | $3843698.67   | 0.79%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                               | Buckeye Tobacco Settlement Financing Authority, Series 2020B-3, Class 2                                                             | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6180000 | PA      | $479558.73    | 0.10%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                   | Burbank-Glendale-Pasadena Airport Authority Brick Campaign, Series 2024B                                                            | CUSIP: 120827EE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $778235.20    | 0.16%             | 2049-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Clean Energy Project, Series 2022A-1                                               | CUSIP: 13013JBD7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005320.20   | 0.21%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Clean Energy Project, Series 2023G-1                                               | CUSIP: 13013JDG8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2345588.73   | 0.48%             | 2054-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Clean Energy Project, Series 2024A                                                 | CUSIP: 13013JDR4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2180420.80   | 0.45%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Clean Energy Project, Series 2024D                                                 | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5531842.50   | 1.13%             | 2055-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Clean Energy Project, Series 2025E                                                 | CUSIP: 13013JHG4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $4255773.14   | 0.87%             | 2056-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Clean Energy Project, Series 2025F                                                 | CUSIP: 13013JHH2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2213290.40   | 0.45%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Clean Energy Project, Series 2026A-1                                               | CUSIP: 13013JHK5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1220576.94   | 0.25%             | 2056-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                              | California Community Choice Financing Authority, Clean Energy Project, Series 2026B                                                 | CUSIP: 13013JHM1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2942321.49   | 0.60%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Series 2006A                                                                       | CUSIP: 13016NCT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $712181.10    | 0.15%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Golden Gate Tobacco Funding Corp., Series A                                        | CUSIP: 13016NDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1435173.90   | 0.29%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Los Angeles County Securitization Corp., Series 2020A                              | CUSIP: 13016NEN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1177568.26   | 0.24%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Los Angeles County Securitization Corp., Series 2020A                              | CUSIP: 13016NEZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1023818.55   | 0.21%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Los Angeles County Securitization Corp., Series 2020B-2                            | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $775218.00    | 0.16%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Sonoma County Securitization Corp., Series 2020A                                   | CUSIP: 13016NGY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $889800.30    | 0.18%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                              | California County Tobacco Securitization Agency, Sonoma County Securitization Corp., Series 2020B-2                                 | CUSIP: 13016NHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $1067862.60   | 0.22%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, EL Camino Health, Series 2025A                                                    | CUSIP: 13032U2Y3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1132523.20   | 0.23%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, EL Camino Health, Series 2025A                                                    | CUSIP: 13032U3C0<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1901628.58   | 0.39%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Stanford Health Care, Series 2025B                                                | CUSIP: 13032U4A3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1400143.36   | 0.29%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Cedars-Sinai Medical Center, Series 2021A                                         | CUSIP: 13032UB23<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1911105.80   | 0.39%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Cedars-Sinai Medical Center                                                       | CUSIP: 13032UBG2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    400000 | PA      | $401920.36    | 0.08%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Cedars-Sinai Medical Center                                                       | CUSIP: 13032UBR8<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    250000 | PA      | $251362.68    | 0.05%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Adventist Health System, Series 2016A                                             | CUSIP: 13032UGC6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2166167.58   | 0.44%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Adventist Health System, Series 2023B                                             | CUSIP: 13032UJ33<br>LEI: 5493007RI8BUDOGHZ546 | Long             | STIV             | MUN               | US        |   4805000 | PA      | $4805000.00   | 0.98%             | 2041-03-01      | Variable      | 1.40%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Scripps Health, Series 2024B-2                                                    | CUSIP: 13032UN87<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2020926.06   | 0.41%             | 2061-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Sutter Health, Series 2017A                                                       | CUSIP: 13032UNS3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1564786.05   | 0.32%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Sutter Health, Series 2017A                                                       | CUSIP: 13032UNX2<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $916422.30    | 0.19%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Children's Hospital of Orange County, Series 2024A                                | CUSIP: 13032UP85<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1586677.80   | 0.32%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, Children's Hospital of Orange County, Series 2024B                                | CUSIP: 13032UP93<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1137646.70   | 0.23%             | 2054-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                             | California Health Facilities Financing Authority, PIH Health, Series 2020A                                                          | CUSIP: 13032UWP9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1352260.95   | 0.28%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure and Economic Development Bank, Clean Water State Revolving Fund                                           | CUSIP: 13034A2H2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2103271.20   | 0.43%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure and Economic Development Bank, Academy of Motion Picture, Series 2023A                                    | CUSIP: 13034A3E8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1212092.00   | 0.25%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure and Economic Development Bank, The J. Paul Getty Trust, Series 2023B                                      | CUSIP: 13034A3Y4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3031567.50   | 0.62%             | 2047-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure and Economic Development Bank, California Academy of Science, Series 2024A                                | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3073770.90   | 0.63%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure and Economic Development Bank, Segerstrom Center for the Arts, Series 2024                                | CUSIP: 13034A5V8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2286937.60   | 0.47%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure and Economic Development Bank, Brightline West Passenger Rail Project, Series 2025B                       | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | STIV             | MUN               | US        |   2740000 | PA      | $1479600.00   | 0.30%             | 2065-01-01      | Variable      | 12.00%                | Yes           |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure and Economic Development Bank, Equitable School Revolving Fund LLC, Series 2024B                          | CUSIP: 13035ADD8<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4400000 | PA      | $4749690.00   | 0.97%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                        | California Infrastructure and Economic Development Bank, Equitable School Revolving Fund LLC, Series 2024B                          | CUSIP: 13035ADR7<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1303034.11   | 0.27%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Terracina At Westpark Apartments, Series 2024A                                              | CUSIP: 130483GH7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   2500000 | PA      | $2509810.75   | 0.51%             | 2045-09-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Martha Gardens Apartments, Series 2025A-2                                                   | CUSIP: 130483GP9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1529577.90   | 0.31%             | 2029-12-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Multi-Family Housing, View At San Bruno, Series 2024A-1                                     | CUSIP: 130483HC7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3182622.60   | 0.65%             | 2056-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Multi-Family Housing Palmdale Family Apartments, Series 2025 A-1                            | CUSIP: 130483KM1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3022182.30   | 0.62%             | 2056-01-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Multi-Family Housing The Winslow, Series 2025A                                              | CUSIP: 130483KP4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   3000000 | PA      | $3024709.50   | 0.62%             | 2056-01-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Multi-Family Housing EL Camino Real                                                         | CUSIP: 130483KW9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1000220.40   | 0.20%             | 2046-03-01      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Waste Management, Inc., Project, Series 2009A                                               | CUSIP: 13048RAC1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2016091.20   | 0.41%             | 2039-02-01      | Variable      | 3.30%                 | Yes           |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Waste Management, Inc., Project, Series 2020B                                               | CUSIP: 13048RAN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   3500000 | PA      | $3500834.40   | 0.72%             | 2041-11-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Republic Services, Inc., Project, Series 2024A                                              | CUSIP: 13048RAP2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | STIV             | MUN               | US        |   2985000 | PA      | $3004286.09   | 0.61%             | 2054-03-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2B3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    450000 | PA      | $450792.59    | 0.09%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2C1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    365000 | PA      | $373790.37    | 0.08%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2D9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    310000 | PA      | $323897.73    | 0.07%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2E7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $266383.90    | 0.05%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2F4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $216950.02    | 0.04%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2G2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    265000 | PA      | $291437.59    | 0.06%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2H0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    310000 | PA      | $345589.30    | 0.07%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2S6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1499922.78   | 0.31%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2024A                                                                                | CUSIP: 13048V2U1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1322772.75   | 0.27%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Humangood California Obligated Group, Series 2025A                                          | CUSIP: 13048V3P1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101045.70   | 0.23%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Linxs Apartments Project, Senior Lien, Series 2018A                                         | CUSIP: 13048VBL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1829780.93   | 0.37%             | 2028-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Eskaton Properties, Inc. Obligated Group, Series 2024                                       | CUSIP: 13048VY36<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1408450.14   | 0.29%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Eskaton Properties, Inc. Obligated Group, Series 2024                                       | CUSIP: 13048VZ92<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1570324.35   | 0.32%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Caritas Projects, Series 2024A                                                              | CUSIP: 13049SFK5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    450000 | PA      | $455284.94    | 0.09%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Caritas Projects, Series 2024A                                                              | CUSIP: 13049SFL3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    575000 | PA      | $594820.54    | 0.12%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Caritas Projects, Series 2024A                                                              | CUSIP: 13049SFN9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    820000 | PA      | $884747.20    | 0.18%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Caritas Projects, Series 2024A                                                              | CUSIP: 13049SFQ2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    540000 | PA      | $602261.19    | 0.12%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Caritas Projects, Series 2024A                                                              | CUSIP: 13049SGC2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019369.60   | 0.21%             | 2054-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, United Airlined, Inc. Los Angeles Internation Airport Projects, Series 2019                 | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019483.20   | 0.21%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2025-1, Class A-1                                                                    | CUSIP: 13050WAA9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    991822 | PA      | $960232.32    | 0.20%             | 2041-02-20      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Class 1                                                                                     | CUSIP: 13050WAD3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    997375 | PA      | $1012634.78   | 0.21%             | 2040-11-20      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                       | California Municipal Finance Authority, Series 2026A-1, Class 1                                                                     | CUSIP: 13050WAG6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011167.60   | 0.21%             | 2041-07-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | California Pollution Control Financing Authority, Solid Waste Disposal, Republic Services, Inc., Project, Series 2017A-2            | CUSIP: 130536RL1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1250000 | PA      | $1250218.25   | 0.26%             | 2042-11-01      | Variable      | 3.25%                 | Yes           |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                             | California Pollution Control Financing Authority, Poseidon Resources Channelside LP Desalination Project                            | CUSIP: 13054WBA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2347904.16   | 0.48%             | 2035-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Health Care Hazelden Betty Ford Foundation Project, Series 2025                                | CUSIP: 13056HAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $767741.33    | 0.16%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, Health Care Hazelden Betty Ford Foundation Project, Series 2025                                | CUSIP: 13056HAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032573.40   | 0.42%             | 2054-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                          | California Public Finance Authority, PIH Health, Series 2024A                                                                       | CUSIP: 13057EJG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $2068014.57   | 0.42%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California, Various Purpose                                                                                                | CUSIP: 13063DJ41<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5167900.00   | 1.06%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California, Various Purpose                                                                                                | CUSIP: 13063EDK9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    820000 | PA      | $970864.99    | 0.20%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                          | State of California, Series 2024B2                                                                                                  | CUSIP: 13063EGP5<br>LEI: 9845007J7054602FF597 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 1.02%             | 2052-05-01      | Variable      | 1.03%                 | No            |                  2 | On Loan: No      |
| State of California Department of Water Resources                            | State of California Department of Water Resources, Central Valley Project, Water System, Series AW                                  | CUSIP: 13067WMA7<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2661005.88   | 0.54%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California Department of Water Resources                            | State of California Department of Water Resources, Central Valley Project, Series BF                                                | CUSIP: 13067WTT9<br>LEI: 549300X618YEC5LGBQ98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2361128.00   | 0.48%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | California Enterprise Development Authority, Riverside County, Rocketship Public Schools-Obligated Group No. 2, Series 2022A        | CUSIP: 13069AAS7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1259649.75   | 0.26%             | 2031-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | California Enterprise Development Authority, Rocklin Academy Project, Series 2024                                                   | CUSIP: 13069AAZ1<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1233309.75   | 0.25%             | 2054-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | California Enterprise Development Authority, Pamona Properties LLC Project, Series 2024A                                            | CUSIP: 13069BBB1<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3514244.89   | 0.72%             | 2039-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                  | California Enterprise Development Authority, Pamona Properties LLC Project, Series 2024A                                            | CUSIP: 13069BBC9<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1551136.35   | 0.32%             | 2045-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                  | California State University, Systemwide, Series 2025A                                                                               | CUSIP: 13077DVX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1188552.80   | 0.24%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Southern California Edison Co., Series 2006C                                | CUSIP: 13078HBB7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1178560.57   | 0.24%             | 2033-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Heritage Park Apartments Project, Series 2025A                              | CUSIP: 13079PA29<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2609704.00   | 0.53%             | 2035-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, John Muir Health, Series 2024E-2                                            | CUSIP: 13079PZS5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    675000 | PA      | $700339.10    | 0.14%             | 2028-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Sequoia Living Projects, Series 2025A                                       | CUSIP: 13080S2K9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1974351.58   | 0.40%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Loma Linda University Medical Center, Series 2016A                          | CUSIP: 13080SML5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000511.60   | 0.20%             | 2056-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, John Muir Health, Series 2024A                                              | CUSIP: 13080SR48<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    450000 | PA      | $472621.59    | 0.10%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, John Muir Health, Series 2024A                                              | CUSIP: 13080ST79<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069462.20   | 0.22%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Loma Linda University Medical Center, Series 2018A                          | CUSIP: 13080SVN1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017978.50   | 0.21%             | 2058-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                       | California Statewide Communities Development Authority, Kaiser Permanente, Series 2009C-2                                           | CUSIP: 13080SXW9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2201336.20   | 0.45%             | 2046-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Campbell Union High School District                                          | Campbell Union High School District, Election of 2016, Series B                                                                     | CUSIP: 134159YL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $374796.79    | 0.08%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Campbell Union High School District                                          | Campbell Union High School District, Election of 2016, Series B                                                                     | CUSIP: 134159YN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025928.60   | 0.41%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Centinela Valley Union High School District                                  | Centinela Valley Union High School District                                                                                         | CUSIP: 152339SB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2352491.35   | 0.48%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                              | Central Valley Energy Authority, Commodity Supply                                                                                   | CUSIP: 15569DAG7<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099426.40   | 0.22%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chico Unified School District                                                | Chico Unified School District, Election of 2024, Series 2024A                                                                       | CUSIP: 168520RN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1523607.30   | 0.31%             | 2049-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                        | Children's Trust Fund, Tobacco Settlement Asset-Backed, Series 2005A                                                                | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   3275000 | PA      | $688280.88    | 0.14%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                         | Colton Joint Unified School District, Election of 2024, Series A                                                                    | CUSIP: 197036RD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $673587.40    | 0.14%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                         | Colton Joint Unified School District, Election of 2024, Series A                                                                    | CUSIP: 197036RF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $652211.53    | 0.13%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                         | Colton Joint Unified School District, Election of 2024, Series A                                                                    | CUSIP: 197036RM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $334872.60    | 0.07%             | 2044-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                         | Colton Joint Unified School District, Election of 2024, Series A                                                                    | CUSIP: 197036RN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $420091.50    | 0.09%             | 2045-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                         | Colton Joint Unified School District, Election of 2024, Series A                                                                    | CUSIP: 197036RP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $392873.10    | 0.08%             | 2046-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Cupertino Union School District                                              | Cupertino Union School District, Election of 2024, Series A                                                                         | CUSIP: 231237T99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145270.50   | 0.23%             | 2050-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Desert Community College District                                            | Desert Community College District, Election of 2016                                                                                 | CUSIP: 250375NC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3890150.00   | 0.80%             | 2051-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Desert Community College District                                            | Desert Community College District, Election of 2016                                                                                 | CUSIP: 250375NS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2797831.75   | 0.57%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Desert Sands Unified School District                                         | Desert Sands Unified School District, Election of 2024                                                                              | CUSIP: 250433WR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1469771.10   | 0.30%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Wastewater System Revenue                | East Bay Municipal Utility District Wastewater System, Series 2025B                                                                 | CUSIP: 271012JA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1230245.90   | 0.25%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Bay Municipal Utility District Water System Revenue                     | East Bay Municipal Utility District Water System, Series 2025A                                                                      | CUSIP: 271014T36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082904.00   | 0.22%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Municipal Water District                                             | Eastern Municipal Water District, Water and Wastewater, Series 2016A                                                                | CUSIP: 27627TBD3<br>LEI: 549300ZCFVRFDIRWK089 | Long             | DBT              | MUN               | US        |   2885000 | PA      | $2912286.33   | 0.60%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                      | Energy Southeast A Cooperative District, Series 2024B                                                                               | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1656248.10   | 0.34%             | 2054-07-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                            | Florida Development Finance Corp., Brightline Florida Passenger Rail Project                                                        | CUSIP: 340618DT1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $186250.00    | 0.04%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                                  | Foothill-De Anza Community College District, Election of 2020, Series 2020D                                                         | CUSIP: 345102QT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1388485.56   | 0.28%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale CA Electric Revenue                                         | City of Glendale Electric, Series 2024                                                                                              | CUSIP: 378406PR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3146841.60   | 0.64%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale CA Electric Revenue                                         | City of Glendale Electric, Series 2024-2                                                                                            | CUSIP: 378406RZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1298102.69   | 0.27%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                    | Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement, Series 2021B                                                | CUSIP: 38122NB76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1454583.55   | 0.30%             | 2046-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                    | Golden State Tobacco Securitization Corp., Enhanced Tobacco Settlement, Series 2021B-2                                              | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22700000 | PA      | $2420171.85   | 0.50%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Goleta Water District                                                        | Goleta Water District, Series 2023A                                                                                                 | CUSIP: 381625AJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $471523.46    | 0.10%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Goleta Water District                                                        | Goleta Water District, Series 2023A                                                                                                 | CUSIP: 381625AL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $288492.85    | 0.06%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grossmont Healthcare District                                                | Grossmont Healthcare District, Series 2025F                                                                                         | CUSIP: 399223EA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3508791.30   | 0.72%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                            | Territory of Guam, Series 2025G                                                                                                     | CUSIP: 40065NDC8<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |   1250000 | PA      | $1412153.75   | 0.29%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                          | Idaho Housing and Finance Association, Single Family Mortgage, Series 2025C                                                         | CUSIP: 45130BCH4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1152142.74   | 0.24%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District Electric System Revenue                         | Imperial Irrigation District Electric System                                                                                        | CUSIP: 452650MF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1311029.90   | 0.27%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Imperial Irrigation District Electric System Revenue                         | Imperial Irrigation District Electric System                                                                                        | CUSIP: 452650MG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1319896.42   | 0.27%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Institutional Tax Free Money Market Fund                            | JPMorgan Institutional Tax Free Money Market Fund, Class IM                                                                         | CUSIP: 46645V725<br>LEI: 549300UURKD5II8M6J91 | Long             | STIV             | RF                | US        |  43453693 | NS      | $43458038.44  | 8.89%             |  |  |  | No            |                  1 | On Loan: No      |
| Jefferson County Port Authority                                              | Jefferson County Port Authority, JSW Steel USA Ohio, Inc., Project, Series 2023                                                     | CUSIP: 473318AB9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1025648.00   | 0.21%             | 2053-12-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Jurupa Public Financing Authority                                            | Jurupa Public Financing Authority, Series 2024                                                                                      | CUSIP: 482085GG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2400711.80   | 0.49%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                             | City of Los Angeles, Wastewater System, Series 2018A                                                                                | CUSIP: 53945CJS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066868.50   | 0.22%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                             | City of Los Angeles, Wastewater System, Series 2018A                                                                                | CUSIP: 53945CJT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1596981.30   | 0.33%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                             | City of Los Angeles, Wastewater System, Subordinate, Series 2025C                                                                   | CUSIP: 53945CMJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2267183.20   | 0.46%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA Wastewater System Revenue                             | City of Los Angeles, Wastewater System, Subordinate, Series 2025C                                                                   | CUSIP: 53945CMQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2367718.60   | 0.48%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                        | Long Beach Community College District, Series 2025E                                                                                 | CUSIP: 542411QW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1820849.42   | 0.37%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                            | Long Beach Bond Finance Authority, Series 2007A                                                                                     | CUSIP: 54241AAY9<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   2875000 | PA      | $3353500.63   | 0.69%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Alamitos Unified School District                                         | Los Alamitos Unified School District, School Facilities Improvement District, Election of 2018, Series C                            | CUSIP: 544203MF6<br>LEI: 549300YJXGV6HPEZKU12 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1248163.87   | 0.26%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                       | City of Los Angeles                                                                                                                 | CUSIP: 544351SF7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5043443.50   | 1.03%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series 2025A                                                                            | CUSIP: 5444452G3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2062743.40   | 0.42%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, International Airport Subordinate, Series 2022G                                         | CUSIP: 544445B40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1410016.13   | 0.29%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series 2020A                                                                            | CUSIP: 544445PR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2177756.00   | 0.45%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                   | City of Los Angeles Department of Airports, Series 2022B                                                                            | CUSIP: 544445XJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1823666.83   | 0.37%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | Los Angeles Department of Water and Power System, Series 2017C                                                                      | CUSIP: 5444953A0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1115518.16   | 0.23%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | Los Angeles Department of Water and Power, Water System, Series 2022D                                                               | CUSIP: 544525P85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $295442.42    | 0.06%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | Los Angeles Department of Water and Power Water System, Series 2022D                                                                | CUSIP: 544525Q43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3104908.50   | 0.64%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                 | Los Angeles Department of Water and Power, Water System, Series 2017A                                                               | CUSIP: 544525WL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2875893.60   | 0.59%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | Los Angeles Department of Water and Power System, Series 2023D                                                                      | CUSIP: 544532HS6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |    520000 | PA      | $571713.32    | 0.12%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | Los Angeles Department of Water and Power System, Series 2024C                                                                      | CUSIP: 544532LY8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009518.70   | 0.21%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                      | Los Angeles Department of Water and Power System, Series 2025C                                                                      | CUSIP: 544532QJ6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1709564.94   | 0.35%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                          | Port of Los Angeles, Harbor Department, Series 2019B                                                                                | CUSIP: 544552A85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3420000 | PA      | $3462224.00   | 0.71%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                          | Port of Los Angeles, Harbor Department, Series 2024A 1                                                                              | CUSIP: 544552C34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145734.30   | 0.23%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                | Los Angeles Housing Authority, Multi Family Housing, Victory BLVD, Series 2025A                                                     | CUSIP: 544562DS7<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2500000 | PA      | $2523738.00   | 0.52%             | 2046-01-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp. of Los Angeles                                   | Municipal Improvement Corp. of Los Angeles, Real Property, Series 2023A                                                             | CUSIP: 5445874Y1<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108806.90   | 0.23%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp. of Los Angeles                                   | Municipal Improvement Corp. of Los Angeles, Series 2025A                                                                            | CUSIP: 5445875R5<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113059.50   | 0.23%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Improvement Corp. of Los Angeles                                   | Municipal Improvement Corp. of Los Angeles, Real Property, Series 2016B                                                             | CUSIP: 544587H50<br>LEI: 549300ZJ0YLTZNSR8F57 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009774.40   | 0.41%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District                                          | Los Angeles Unified School District, Dedicated Unlimited Ad Valorem Property Tax, Series 2023 QRR                                   | CUSIP: 544647GX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1173380.50   | 0.24%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District                                          | Los Angeles Unified School District, Dedicated Unlimited Ad Valorem Property Tax, Series 2024 QRR                                   | CUSIP: 544647JL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1094439.40   | 0.22%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Public Works Financing Authority                          | Los Angeles County Public Works Financing Authority, Series 2022G                                                                   | CUSIP: 54473EXG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1709763.60   | 0.35%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District (The)                                             | Lower Alabama Gas District (The), Gas Project, Series 2025A                                                                         | CUSIP: 547804AQ7<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1611640.80   | 0.33%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                       | M-S-R Energy Authority, Series 2009B                                                                                                | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2483436.20   | 0.51%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                | Main Street Natural Gas, Inc., Gas Supply, Series 2024A                                                                             | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1254572.38   | 0.26%             | 2054-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                | Main Street Natural Gas, Inc., Gas Supply, Series 2024D                                                                             | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2178243.00   | 0.45%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                | Main Street Natural Gas, Inc., Gas Supply, Series 2024E                                                                             | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2940000 | PA      | $3214835.32   | 0.66%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Marina Joint Powers Financing Authority                                      | Marina Joint Powers Financing Authority, Multi Family Housing Preston Park Apartments                                               | CUSIP: 568087BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5608144.85   | 1.15%             | 2036-03-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Menlo Park City School District                                              | Menlo Park City School District, Capital Appreciation                                                                               | CUSIP: 586840MJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $406550.80    | 0.08%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Menlo Park City School District                                              | Menlo Park City School District, Capital Appreciation                                                                               | CUSIP: 586840MK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $685647.25    | 0.14%             | 2032-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                           | Metropolitan Water District of Southern California, Waterworks, Series 2024B-2                                                      | CUSIP: 59266TXQ9<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2384631.87   | 0.49%             | 2037-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water District of Southern California                           | Metropolitan Water District of Southern California, Series 2024B3                                                                   | CUSIP: 59266TXR7<br>LEI: 5493003GD0S0P56RLT45 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1117707.30   | 0.23%             | 2037-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Modesto High School District                                                 | Modesto High School District, Election of 2022, Series B                                                                            | CUSIP: 607743LU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $1022958.77   | 0.21%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Modesto High School District                                                 | Modesto High School District, Election of 2022, Series B                                                                            | CUSIP: 607743LV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1188709.80   | 0.24%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Diablo Unified School District                                         | Mount Diablo Unified School District                                                                                                | CUSIP: 621196V68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $894139.13    | 0.18%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Diablo Unified School District                                         | Mount Diablo Unified School District                                                                                                | CUSIP: 621196V76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $849431.10    | 0.17%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mount Diablo Unified School District                                         | Mount Diablo Unified School District                                                                                                | CUSIP: 621204DK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1152857.50   | 0.24%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Unified School District                                          | Napa Valley Unified School District, Election of 2006, Series 2010A                                                                 | CUSIP: 6303614B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1935998.80   | 0.40%             | 2027-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Unified School District                                          | Napa Valley Unified School District, Election of 2024, Series A                                                                     | CUSIP: 630362GX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009648.70   | 0.21%             | 2055-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Haven Unified School District                                            | New Haven Unified School District, Election of 2024, Series A                                                                       | CUSIP: 645002M78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011448.10   | 0.21%             | 2054-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                           | Ontario Public Financing Authority, Series 2025A                                                                                    | CUSIP: 68304RDU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $357888.18    | 0.07%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                           | Ontario Public Financing Authority, Series 2025A                                                                                    | CUSIP: 68304RDV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $576643.78    | 0.12%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                           | Ontario Public Financing Authority, Series 2026B                                                                                    | CUSIP: 68304RES5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1166505.30   | 0.24%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                           | Ontario Public Financing Authority, Series 2026B                                                                                    | CUSIP: 68304RET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1150016.40   | 0.24%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palmdale Elementary School District                                          | Palmdale Elementary School District, Series 2023                                                                                    | CUSIP: 69671TFM6<br>LEI: 549300YBE1L2RGBY7L18 | Long             | DBT              | MUN               | US        |    250000 | PA      | $282856.85    | 0.06%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palmdale Elementary School District                                          | Palmdale Elementary School District, Series 2023                                                                                    | CUSIP: 69671TFP9<br>LEI: 549300YBE1L2RGBY7L18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015356.40   | 0.21%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palmdale Elementary School District                                          | Palmdale Elementary School District, Series 2023                                                                                    | CUSIP: 69671TFQ7<br>LEI: 549300YBE1L2RGBY7L18 | Long             | DBT              | MUN               | US        |    800000 | PA      | $883757.20    | 0.18%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palo Alto Unified School District                                            | Palo Alto Unified School District, Election of 2008, Series 2008-2                                                                  | CUSIP: 697379TE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1775455.36   | 0.36%             | 2026-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Public Financing Authority                                          | Pasadena Public Financing Authority, Rose Bowl Renovation, Series 2024                                                              | CUSIP: 702274DM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $616178.16    | 0.13%             | 2042-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                          | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2024-146A                                                       | CUSIP: 70879QXV0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    980000 | PA      | $1087418.19   | 0.22%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Placentia-Yorba Linda Unified School District                                | Placentia-Yorba Linda Unified School District                                                                                       | CUSIP: 726000DU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103639.70   | 0.23%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                             | Kentucky Public Energy Authority, Gas Supply, Series 2025B                                                                          | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1012300.62   | 0.21%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | Public Finance Authority, Senior Lien                                                                                               | CUSIP: 74442PF59<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057057.10   | 0.22%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                     | Public Finance Authority, Senior Lien                                                                                               | CUSIP: 74442PF67<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054989.40   | 0.22%             | 2049-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                  | Commonwealth of Puerto Rico, Series 2022A-1                                                                                         | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   2000000 | PA      | $2046560.80   | 0.42%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                      | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                         | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2400000 | PA      | $2350651.20   | 0.48%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                      | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                         | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1000000 | PA      | $900897.40    | 0.18%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                      | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                         | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   2935000 | PA      | $1050410.67   | 0.21%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                      | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-2                                                                         | CUSIP: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    250000 | PA      | $250434.55    | 0.05%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Rancho Cucamonga Redevelopment Agency Successor Agency                       | Rancho Cucamonga Redevelopment Agency Successor Agency, Series 2024                                                                 | CUSIP: 75212CBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015201.90   | 0.21%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Redondo Beach Unified School District                                        | Redondo Beach Unified School District, Election of 2024, Series 2024A                                                               | CUSIP: 757710VZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023864.50   | 0.21%             | 2055-08-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Rialto Public Financing Authority                                            | Rialto Public Financing Authority, Police Station Project, Series 2023A                                                             | CUSIP: 76246EAK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $509738.31    | 0.10%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rialto Public Financing Authority                                            | Rialto Public Financing Authority, Police Station Project, Series 2023A                                                             | CUSIP: 76246EAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $446868.20    | 0.09%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rialto Public Financing Authority                                            | Rialto Public Financing Authority, Police Station Project, Series 2023A                                                             | CUSIP: 76246EAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2082910.40   | 0.43%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rio Hondo Community College District                                         | Rio Hondo Community College District, Election of 2024, Series 2025A                                                                | CUSIP: 767121FL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1755519.15   | 0.36%             | 2055-08-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                        | Sacramento Municipal Utility District, Series 2023D                                                                                 | CUSIP: 786005F52<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3929537.50   | 0.80%             | 2049-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | San Diego Public Facilities Financing Authority, Series 2025A                                                                       | CUSIP: 797299RV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2877551.50   | 0.59%             | 2042-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Public Facilities Financing Authority                              | San Diego Public Facilities Financing Authority, Series 2025A                                                                       | CUSIP: 797299RW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2271906.20   | 0.46%             | 2043-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District                                            | San Diego Unified School District, Election of 1998, Series G-1                                                                     | CUSIP: 797356EU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $413580.44    | 0.08%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District                                            | San Diego Unified School District, Election of 1998, Series G-1                                                                     | CUSIP: 797356EW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2289749.97   | 0.47%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of San Diego CA                                                       | County of San Diego, County Public Health and Capital Improvement, Series 2023                                                      | CUSIP: 7973915V7<br>LEI: 254900MKIGRAYVDUZ926 | Long             | DBT              | MUN               | US        |    425000 | PA      | $503523.77    | 0.10%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | San Diego County Regional Airport Authority, Senior Private Activity, Series 2023B                                                  | CUSIP: 79739GRC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1716677.55   | 0.35%             | 2037-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                  | San Diego County Regional Airport Authority, Senior Private Activity, Series 2025B                                                  | CUSIP: 79739GTC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3269929.50   | 0.67%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Dieguito Union High School District                                      | San Dieguito Union High School District                                                                                             | CUSIP: 797508KP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $2083488.89   | 0.43%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of San Francisco CA                                            | City and County of San Francisco, Multiple Capital Improvement Projects, Series 2025R-1                                             | CUSIP: 79765GDE0<br>LEI: 549300RA28ZEFOB6M782 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2331468.80   | 0.48%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco Bay Area Rapid Transit District                                | San Francisco Bay Area Rapid Transit District, Series 2025E-1                                                                       | CUSIP: 797661F34<br>LEI: 549300Y3C3QUMLE3FY58 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1744134.30   | 0.36%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City and County Airport Comm-San Francisco International Airport, Series 2016B                                        | CUSIP: 79766DGF0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751861.13   | 0.36%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City and County Airport Comm-San Francisco International Airport, Series 2018B                                        | CUSIP: 79766DLB3<br>LEI: 54930055TIDYHNDP4F84 | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5000000.00   | 1.02%             | 2058-05-01      | Variable      | 1.15%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City and County Airport Commission, San Francisco International Airport, Series 2019A                                 | CUSIP: 79766DLX5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1589004.45   | 0.33%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport | San Francisco City and County Airport Comm-San Francisco International Airport, Series 2025D                                        | CUSIP: 79766DXY0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2056763.88   | 0.42%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue   | San Francisco City and County Public Utilities Commission Wastewater, Series 2018B                                                  | CUSIP: 79768HFJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1768756.45   | 0.36%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue   | San Francisco City and County Public Utilities Commission Wastewater, Series 2018B                                                  | CUSIP: 79768HLH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $448019.18    | 0.09%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue   | San Francisco City and County Public Utilities Commission Wastewater, Series 2018B                                                  | CUSIP: 79768HLK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $646602.85    | 0.13%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue           | City of San Francisco, Public Utilities Commission Water, Series 2020, Subseries C-10                                               | CUSIP: 79771FEE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2814655.37   | 0.58%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue           | City of San Francisco Public Utilities Commission Water, Hetch Hetchy water, Series 2025, Subseries F-1                             | CUSIP: 79771FMF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1829436.75   | 0.37%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                    | San Joaquin Valley Clean Energy Authority, Series 2025A                                                                             | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138965.40   | 0.23%             | 2056-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                           | Norman Y Mineta San Jose International Airport SJC, Series 2021A                                                                    | CUSIP: 798136XC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2205319.60   | 0.45%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Jose CA                                                          | City of San Jose, Multi-Family Housing Parkmoor, Series 2023F2                                                                      | CUSIP: 798165LF1<br>LEI: 549300QHIHSH68W22O38 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012319.40   | 0.41%             | 2027-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| San Jose Unified School District                                             | San Jose Unified School District, Election of 2002, Series C                                                                        | CUSIP: 798186VQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3035000 | PA      | $2689478.91   | 0.55%             | 2031-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Jose Evergreen Community College District                                | San Jose Evergreen Community College District, Series C                                                                             | CUSIP: 798189TD8<br>LEI: 5493006H31JIFYW6Z091 | Long             | DBT              | MUN               | US        |    650000 | PA      | $684018.60    | 0.14%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Jose Evergreen Community College District                                | San Jose Evergreen Community College District, Series C                                                                             | CUSIP: 798189TF3<br>LEI: 5493006H31JIFYW6Z091 | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1537138.53   | 0.31%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Union High School District                                         | San Mateo Union High School District                                                                                                | CUSIP: 799017ZY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1865457.13   | 0.38%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo County Community College District                                  | San Mateo County Community College District, Election of 2005, Series A                                                             | CUSIP: 799038DH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1088368.82   | 0.22%             | 2026-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Mateo County Community College District                                  | San Mateo County Community College District, Election of 2005, Series A                                                             | CUSIP: 799038DL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1849101.20   | 0.38%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Mateo County Community College District                                  | San Mateo County Community College District, Election of 2005, Series 2006B                                                         | CUSIP: 799038GJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $799475.40    | 0.16%             | 2034-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara Valley Water District                                            | State of California Department of Water Resources, Central Valley Project, Water System, Series 2023A                               | CUSIP: 80168ADG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1855738.90   | 0.38%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Cruz County Redevelopment Successor Agency                             | Santa Cruz County Redevelopment Successor Agency, Series 2025B                                                                      | CUSIP: 80182YDM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507486.00    | 0.10%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Cruz County Redevelopment Successor Agency                             | Santa Cruz County Redevelopment Successor Agency, Series 2025B                                                                      | CUSIP: 80182YDN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $297827.94    | 0.06%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Cruz County Redevelopment Successor Agency                             | Santa Cruz County Redevelopment Successor Agency, Series 2025B                                                                      | CUSIP: 80182YDP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $429764.76    | 0.09%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Cruz County Redevelopment Successor Agency                             | Santa Cruz County Redevelopment Successor Agency, Series 2025B                                                                      | CUSIP: 80182YDQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $551535.85    | 0.11%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                   | South Dakota Housing Development Authority, Series 2024C                                                                            | CUSIP: 83756LBH7<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |    490000 | PA      | $558044.59    | 0.11%             | 2055-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                   | South Dakota Housing Development Authority, Series 2025A                                                                            | CUSIP: 83756LBS3<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1153178.93   | 0.24%             | 2055-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                  | South San Francisco Unified School District, Measure J, Dedicated Unlimited Ad Valorem Property Tax, Series 2016C                   | CUSIP: 840058US8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1677683.88   | 0.34%             | 2028-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District (The)                                  | Southeast Alabama Gas Supply District (The), Project No. 2, Series 2024B                                                            | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092568.20   | 0.22%             | 2049-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                   | Southern California Public Power Authority, Transmission System Renewal Project, Series 2023-1                                      | CUSIP: 842469AT5<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3302427.30   | 0.68%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Logistics Airport Authority                              | Southern California Logistics Airport Authority, Junior Lien, Series 2025A                                                          | CUSIP: 842472EB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $698262.33    | 0.14%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Logistics Airport Authority                              | Southern California Logistics Airport Authority, Junior Lien, Series 2025A                                                          | CUSIP: 842472EC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $1020361.23   | 0.21%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Logistics Airport Authority                              | Southern California Logistics Airport Authority, Junior Lien, Series 2025A                                                          | CUSIP: 842472EE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $893359.30    | 0.18%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Logistics Airport Authority                              | Southern California Logistics Airport Authority, Junior Lien, Series 2025A                                                          | CUSIP: 842472EG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $882746.35    | 0.18%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Logistics Airport Authority                              | Southern California Logistics Airport Authority, Junior Lien, Series 2025A                                                          | CUSIP: 842472EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $529409.01    | 0.11%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                   | Southern California Public Power Authority, Canyon Power Project, Series 2025A                                                      | CUSIP: 842475R31<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1126245.40   | 0.23%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Water Replenishment District                             | Southern California Water Replenishment District                                                                                    | CUSIP: 84251KBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1321414.00   | 0.27%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                      | Tobacco Securitization Authority of Northern California, Sacramento County Tobacco Securitization Corp., Series 2021B-1, Class 2    | CUSIP: 888794BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1412868.00   | 0.29%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                      | Tobacco Securitization Authority of Southern California, San Diego County Tobacco Asset Securitization Corp., Series 2019A, Class 1 | CUSIP: 888804CE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1112044.37   | 0.23%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                      | Tobacco Securitization Authority of Southern California, San Diego County Tobacco Asset Securitization Corp., Series 2019A, Class 1 | CUSIP: 888804CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063679.70   | 0.22%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California                      | Tobacco Securitization Authority of Southern California, San Diego County Tobacco Asset Securitization Corp., Series 2019A, Class 1 | CUSIP: 888804CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011514.20   | 0.21%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Tobacco Settlement Authority                                            | Iowa Tobacco Settlement Authority, Subordinate Senior Capital Appreciation Asset Backed, Series 2021-B-2, Class 2                   | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6265000 | PA      | $926366.71    | 0.19%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Twin Rivers Unified School District                                          | Twin Rivers Unified School District, Series 2026A                                                                                   | CUSIP: 90171TKA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074783.70   | 0.22%             | 2039-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue        | Regents of the University of California Medical Center Pooled, Series 2022P                                                         | CUSIP: 913366KK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2402214.21   | 0.49%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | University of California, Series 2016AR                                                                                             | CUSIP: 91412GH81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506193.05   | 0.31%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | University of California, Series 2020BE                                                                                             | CUSIP: 91412HGW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1178393.11   | 0.24%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | University of California, Series 2025CC                                                                                             | CUSIP: 91412HVS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2975000 | PA      | $3360411.25   | 0.69%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | University of California, Series 2025CD                                                                                             | CUSIP: 91412HWH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2447792.60   | 0.50%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | University of California, Series 2025CD                                                                                             | CUSIP: 91412HWL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2544740.80   | 0.52%             | 2040-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of California                                                     | University of California, Series 2026CF                                                                                             | CUSIP: 91412HYB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1711652.70   | 0.35%             | 2043-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                           | Utah Housing Corp., Single Family Mortgage, Series 2025A                                                                            | CUSIP: 917437RU1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |    970000 | PA      | $1099524.49   | 0.22%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Ventura Unified School District                                              | Ventura Unified School District, Election of 2022, Series 2022B                                                                     | CUSIP: 923004UK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001469.80   | 0.20%             | 2051-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                    | City of Vernon, Electric System, Series 2021A                                                                                       | CUSIP: 924397EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $651257.62    | 0.13%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vista Joint Powers Financing Authority                                       | Vista Joint Powers Financing Authority, Series 2025A                                                                                | CUSIP: 928317FL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $903806.85    | 0.18%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vista Joint Powers Financing Authority                                       | Vista Joint Powers Financing Authority, Series 2025A                                                                                | CUSIP: 928317FM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1226966.70   | 0.25%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vista Joint Powers Financing Authority                                       | Vista Joint Powers Financing Authority, Series 2025A                                                                                | CUSIP: 928317FN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $932505.15    | 0.19%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vista Joint Powers Financing Authority                                       | Vista Joint Powers Financing Authority, Series 2025A                                                                                | CUSIP: 928317FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $1077219.17   | 0.22%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| William S Hart Union High School District                                    | William S Hart Union High School District, Capital Appreciation Election 2001, Series 2005B                                         | CUSIP: 969275PS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2288328.25   | 0.47%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue    | Wisconsin Housing and Economic Development Authority, Home Ownership, Series 2024A                                                  | CUSIP: 97689QTU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $1006145.86   | 0.21%             | 2054-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                          | U.S. Treasury 10 Year Note                                                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        87 | NC      | $42679.33     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                          | U.S. Treasury 30 Year Bond                                                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |      1500 | NC      | $199218.00    | 0.04%             |  |  |  | No            |                  1 | On Loan: No      |
| N/A                                                                          | U.S. Treasury 30 Year Bond                                                                                                          | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |     -1500 | NC      | $-117187.50   | -0.02%            |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** JPMorgan Trust I

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer