# EDGAR Filing Document

**Accession Number:** 0001081400
**File Stem:** 0001410368-25-030689
**Filing Date:** 2025-11
**Character Count:** 1007563
**Document Hash:** 269c9608b95afb16eb05ea99973468a7
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-25-030689.hdr.sgml**: 20251125

**ACCESSION NUMBER**: 0001410368-25-030689

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250930

**FILED AS OF DATE**: 20251125

**DATE AS OF CHANGE**: 20251125

**PERIOD START**: 20260630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** ALLSPRING FUNDS TRUST
- **CENTRAL INDEX KEY:** 0001081400

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-09253
- **FILM NUMBER:** 251516126

**BUSINESS ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203
- **BUSINESS PHONE:** 833-568-4255

**MAIL ADDRESS:**
- **STREET 1:** 1415 VANTAGE PARK DRIVE
- **STREET 2:** 3RD FLOOR
- **CITY:** CHARLOTTE
- **STATE:** NC
- **ZIP:** 28203

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** WELLS FARGO FUNDS TRUST
- **DATE OF NAME CHANGE:** 19990308

## Series and Classes Contracts Data

### Allspring Municipal Bond Fund (Series ID: S000007397)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000020293 | Class A             | WMFAX           |
| C000020295 | Class C             | WMFCX           |
| C000020296 | Administrator Class | WMFDX           |
| C000064978 | Institutional Class | WMBIX           |
| C000205244 | Class R6            | WMBRX           |

## Nport-Ex

Portfolio of investments—September 30, 2025 (unaudited)

Portfolio of investments

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest <br>rate<br>| Maturity <br>date<br>| Principal | Value |
| **Municipal obligations: 98.93%** |  |  |  |  |
| **Alabama: 5.14%** |  |  |  |  |
| **Airport revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Birmingham Airport Authority (BAM Insured) | 4.00<br> %<br>| &nbsp;&nbsp; 7-1-2036 | $500000 | &nbsp;&nbsp; $508473 |
| &nbsp;&nbsp;&nbsp; Birmingham Airport Authority (BAM Insured) | 4.00 | &nbsp;&nbsp; 7-1-2037 | 500000 | &nbsp;&nbsp; 503849 |
| &nbsp;&nbsp;&nbsp; Birmingham Airport Authority (BAM Insured) | 4.00 | &nbsp;&nbsp; 7-1-2038 | 400000 | &nbsp;&nbsp; 400706 |
| &nbsp;&nbsp;&nbsp; Birmingham Airport Authority (BAM Insured) | 5.00 | &nbsp;&nbsp; 7-1-2029 | 750000 | &nbsp;&nbsp; 817108 |
| &nbsp;&nbsp;&nbsp; Birmingham Airport Authority (BAM Insured) | 5.00 | &nbsp;&nbsp; 7-1-2030 | 500000 | &nbsp;&nbsp; 555539 |
| &nbsp;&nbsp;&nbsp; Birmingham Airport Authority (BAM Insured) | 5.00 | &nbsp;&nbsp; 7-1-2032 | 600000 | &nbsp;&nbsp; 659194 |
| &nbsp;&nbsp;&nbsp; Birmingham Airport Authority (BAM Insured) | 5.00 | &nbsp;&nbsp; 7-1-2033 | 650000 | &nbsp;&nbsp; 710263 |
|  |  |  |  | &nbsp;&nbsp; **4155132** |
| **Education revenue: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Homewood Educational Building Authority CHF - Horizons II LLC <br> Series C<br>| 5.50 | &nbsp;&nbsp; 10-1-2054 | 6700000 | &nbsp;&nbsp; 6772418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Jacksonville Public Educational Building Authority JSU Foundation <br> Project Series A (AG Insured)<br>| 5.25 | &nbsp;&nbsp; 8-1-2048 | 4500000 | &nbsp;&nbsp; 4614850 |
|  |  |  |  | &nbsp;&nbsp; **11387268** |
| **Health revenue: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alabama Special Care Facilities Financing Authority-Birmingham <br> Ascension Health Credit Group Series B<br>| 5.00 | &nbsp;&nbsp; 11-15-2046 | 11000000 | &nbsp;&nbsp; 11026519 |
| &nbsp;&nbsp;&nbsp; Health Care Authority for Baptist Health Series A | 5.00 | &nbsp;&nbsp; 11-15-2031 | 11970000 | &nbsp;&nbsp; 13070221 |
| &nbsp;&nbsp;&nbsp; UAB Medicine Finance Authority Obligated Group Series B | 5.00 | &nbsp;&nbsp; 9-1-2034 | 1000000 | &nbsp;&nbsp; 1079221 |
| &nbsp;&nbsp;&nbsp; UAB Medicine Finance Authority Obligated Group Series B | 5.00 | &nbsp;&nbsp; 9-1-2035 | 1000000 | &nbsp;&nbsp; 1073173 |
|  |  |  |  | &nbsp;&nbsp; **26249134** |
| **Housing revenue: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Huntsville Public Building Authority | 5.00 | &nbsp;&nbsp; 2-1-2052 | 7000000 | &nbsp;&nbsp; **7137882** |
| **Industrial development revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Selma Industrial Development Board International Paper Co. <br> Series A<br>| 4.20 | &nbsp;&nbsp; 5-1-2034 | 5000000 | &nbsp;&nbsp; **5121786** |
| **Tax revenue: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Birmingham-Jefferson Civic Center Authority Series A | 5.00 | &nbsp;&nbsp; 7-1-2048 | 10000000 | &nbsp;&nbsp; **10051076** |
| **Utilities revenue: 4.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas Districtøø | 4.00 | &nbsp;&nbsp; 6-1-2051 | 5500000 | &nbsp;&nbsp; 5684912 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series Aøø | 5.25 | &nbsp;&nbsp; 5-1-2055 | 2000000 | &nbsp;&nbsp; 2180826 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series B | 5.00 | &nbsp;&nbsp; 10-1-2035 | 25000000 | &nbsp;&nbsp; 26108155 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series Cøø | 5.00 | &nbsp;&nbsp; 5-1-2055 | 22750000 | &nbsp;&nbsp; 24691439 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series Cøø | 5.50 | &nbsp;&nbsp; 10-1-2054 | 4750000 | &nbsp;&nbsp; 5252159 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series C-1øø | 5.25 | &nbsp;&nbsp; 2-1-2053 | 23000000 | &nbsp;&nbsp; 24565295 |
| &nbsp;&nbsp;&nbsp; Black Belt Energy Gas District Series Eøø | 5.00 | &nbsp;&nbsp; 12-1-2055 | 15500000 | &nbsp;&nbsp; 16705680 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Putters/Drivers Trust Series 2025-5087144Aø | 3.15 | &nbsp;&nbsp; 1-24-2026 | 20000000 | &nbsp;&nbsp; 20000000 |
| &nbsp;&nbsp;&nbsp; JPMorgan Chase Putters/Drivers Trust Series 2025-5088144Aø | 3.15 | &nbsp;&nbsp; 4-24-2026 | 25000000 | &nbsp;&nbsp; 25000000 |
| &nbsp;&nbsp;&nbsp; Lower Alabama Gas Districtøø | 4.00 | &nbsp;&nbsp; 12-1-2050 | 20590000 | &nbsp;&nbsp; 20632164 |
| &nbsp;&nbsp;&nbsp; Southeast Alabama Gas Supply District Project No. 1 Series Aøø | 5.00 | &nbsp;&nbsp; 8-1-2054 | 16000000 | &nbsp;&nbsp; 17333154 |
| &nbsp;&nbsp;&nbsp; Southeast Alabama Gas Supply District Project No. 2øø | 5.00 | &nbsp;&nbsp; 6-1-2049 | 20000000 | &nbsp;&nbsp; 21682810 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 1

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Utilities revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Project No. 1 <br> Series Aøø<br>| 4.00<br> %<br>| &nbsp;&nbsp; 11-1-2051 | $2465000 | &nbsp;&nbsp; $2525915 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Project No. 2 <br> Series Bøø<br>| 4.00 | &nbsp;&nbsp; 12-1-2051 | 3000000 | &nbsp;&nbsp; 3073970 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Project No. 5 <br> Series Aøø<br>| 5.25 | &nbsp;&nbsp; 1-1-2054 | 25000000 | &nbsp;&nbsp; 26501030 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Project No. 6 <br> Series B (Royal Bank of Canada LIQ)øø<br>| 5.00 | &nbsp;&nbsp; 1-1-2054 | 18000000 | &nbsp;&nbsp; 19252082 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Series Aøø | 5.00 | &nbsp;&nbsp; 1-1-2056 | 9000000 | &nbsp;&nbsp; 9501760 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Series Cøø | 5.00 | &nbsp;&nbsp; 10-1-2055 | 12000000 | &nbsp;&nbsp; 13089452 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Series D | 5.00 | &nbsp;&nbsp; 9-1-2035 | 9000000 | &nbsp;&nbsp; 9904625 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Series F | 5.25 | &nbsp;&nbsp; 11-1-2035 | 5000000 | &nbsp;&nbsp; 5621464 |
| &nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative District Series Føø | 5.25 | &nbsp;&nbsp; 11-1-2055 | 45000000 | &nbsp;&nbsp; 49971204 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2024-<br> XL0560 (Morgan Stanley Bank LIQ)144Aø<br>| 2.99 | &nbsp;&nbsp; 5-1-2055 | 3360000 | &nbsp;&nbsp; 3360000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Jefferson Industrial Development Board Alabama Power Co. <br> AMTø<br>| 3.32 | &nbsp;&nbsp; 8-1-2063 | 2500000 | &nbsp;&nbsp; 2500000 |
|  |  |  |  | &nbsp;&nbsp; **355138096** |
| **Water & sewer revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Madison Water & Wastewater Board | 5.25 | &nbsp;&nbsp; 12-1-2053 | 2500000 | &nbsp;&nbsp; **2632535** |
|  |  |  |  | &nbsp;&nbsp; **421872909** |
| **Alaska: 0.09%** |  |  |  |  |
| **Airport revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Alaska Railroad Corp. AMT (AG Insured) | 5.50 | &nbsp;&nbsp; 10-1-2040 | 1080000 | &nbsp;&nbsp; 1167854 |
| &nbsp;&nbsp;&nbsp; Alaska Railroad Corp. AMT (AG Insured) | 5.50 | &nbsp;&nbsp; 10-1-2054 | 2250000 | &nbsp;&nbsp; 2322420 |
|  |  |  |  | &nbsp;&nbsp; **3490274** |
| **Health revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alaska Industrial Development & Export Authority Dena' Nena' <br> Henash Series A<br>| 4.00 | &nbsp;&nbsp; 10-1-2036 | 2000000 | &nbsp;&nbsp; 1990296 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alaska Industrial Development & Export Authority Dena' Nena' <br> Henash Series A<br>| 5.00 | &nbsp;&nbsp; 10-1-2033 | 1930000 | &nbsp;&nbsp; 2039964 |
|  |  |  |  | &nbsp;&nbsp; **4030260** |
|  |  |  |  | &nbsp;&nbsp; **7520534** |
| **Arizona: 0.86%** |  |  |  |  |
| **Education revenue: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IDA of the County of Pima American Leadership Academy, Inc. <br> Series 2022144A<br>| 4.00 | &nbsp;&nbsp; 6-15-2029 | 2905000 | &nbsp;&nbsp; 2905676 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; IDA of the County of Pima American Leadership Academy, Inc. <br> Series 2022144A<br>| 4.00 | &nbsp;&nbsp; 6-15-2041 | 3195000 | &nbsp;&nbsp; 2737118 |
| &nbsp;&nbsp;&nbsp; IDA of the County of Pima Noah Webster Schools-Mesa Series A | 7.00 | &nbsp;&nbsp; 12-15-2043 | 3225000 | &nbsp;&nbsp; 3227060 |
| &nbsp;&nbsp;&nbsp; La Paz County IDA Imagine Desert West Middle, Inc. Series A144A | 5.75 | &nbsp;&nbsp; 6-15-2038 | 1085000 | &nbsp;&nbsp; 1061910 |
| &nbsp;&nbsp;&nbsp; La Paz County IDA Imagine Desert West Middle, Inc. Series A144A | 5.88 | &nbsp;&nbsp; 6-15-2048 | 2435000 | &nbsp;&nbsp; 2258086 |

---

See accompanying notes to portfolio of investments

2 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Sierra Vista IDA American Leadership Academy, Inc.144A | 5.00<br> %<br>| &nbsp;&nbsp; 6-15-2044 | $1000000 | &nbsp;&nbsp; $942138 |
| &nbsp;&nbsp;&nbsp; Sierra Vista IDA Wake Preparatory Academy | 6.25 | &nbsp;&nbsp; 6-15-2045 | 3000000 | &nbsp;&nbsp; 3040873 |
|  |  |  |  | &nbsp;&nbsp; **16172861** |
| **GO revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Maricopa County Special Health Care District Series D | 4.00 | &nbsp;&nbsp; 7-1-2035 | 3500000 | &nbsp;&nbsp; **3600027** |
| **Health revenue: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Maricopa County IDA Banner Health Obligated Group Series A | 4.00 | &nbsp;&nbsp; 1-1-2041 | 15750000 | &nbsp;&nbsp; **14688234** |
| **Housing revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp. Airport Revenue Series B <br> AMT<br>| 5.00 | &nbsp;&nbsp; 7-1-2044 | 5570000 | &nbsp;&nbsp; **5612676** |
| **Industrial development revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chandler IDA Intel Corp. AMTøø | 4.00 | &nbsp;&nbsp; 6-1-2049 | 5000000 | &nbsp;&nbsp; 5104358 |
| &nbsp;&nbsp;&nbsp; Maricopa County IDA Commercial Metals Co. AMT144A | 4.00 | &nbsp;&nbsp; 10-15-2047 | 4000000 | &nbsp;&nbsp; 3332388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maricopa County Pollution Control Corp. Southern California Edison <br> Co.<br>| 2.40 | &nbsp;&nbsp; 6-1-2035 | 1000000 | &nbsp;&nbsp; 836681 |
|  |  |  |  | &nbsp;&nbsp; **9273427** |
| **Miscellaneous revenue: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp. Airport Revenue Series D | 4.00 | &nbsp;&nbsp; 7-1-2040 | 3000000 | &nbsp;&nbsp; 2982738 |
| &nbsp;&nbsp;&nbsp; City of Phoenix Civic Improvement Corp. Water System Revenue | 5.00 | &nbsp;&nbsp; 7-1-2034 | 8805000 | &nbsp;&nbsp; 8920880 |
| &nbsp;&nbsp;&nbsp; Navajo Nation Series A144A | 5.50 | &nbsp;&nbsp; 12-1-2030 | 7275000 | &nbsp;&nbsp; 7294342 |
|  |  |  |  | &nbsp;&nbsp; **19197960** |
| **Water & sewer revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Mesa Utility System Revenue | 4.00 | &nbsp;&nbsp; 7-1-2042 | 1000000 | &nbsp;&nbsp; 981198 |
| &nbsp;&nbsp;&nbsp; City of Mesa Utility System Revenue | 4.00 | &nbsp;&nbsp; 7-1-2043 | 1000000 | &nbsp;&nbsp; 974640 |
|  |  |  |  | &nbsp;&nbsp; **1955838** |
|  |  |  |  | &nbsp;&nbsp; **70501023** |
| **Arkansas: 0.03%** |  |  |  |  |
| **Miscellaneous revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority Public Safety Charges <br> Revenue Division of Emergency Management Project<br>| 4.00 | &nbsp;&nbsp; 6-1-2038 | 1170000 | &nbsp;&nbsp; 1172617 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority Public Safety Charges <br> Revenue Division of Emergency Management Project<br>| 4.00 | &nbsp;&nbsp; 6-1-2039 | 1000000 | &nbsp;&nbsp; 998969 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority Public Safety Charges <br> Revenue Division of Emergency Management Project<br>| 4.00 | &nbsp;&nbsp; 6-1-2040 | 500000 | &nbsp;&nbsp; 492689 |
|  |  |  |  | &nbsp;&nbsp; **2664275** |
| **California: 5.99%** |  |  |  |  |
| **Airport revenue: 1.64%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Burbank-Glendale-Pasadena Airport Authority Brick Campaign <br> Series B AMT<br>| 5.25 | &nbsp;&nbsp; 7-1-2054 | 6500000 | &nbsp;&nbsp; 6703962 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series A AMT | 5.00 | &nbsp;&nbsp; 5-15-2034 | 1465000 | &nbsp;&nbsp; 1516478 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series A AMT | 5.25 | &nbsp;&nbsp; 5-15-2041 | 2500000 | &nbsp;&nbsp; 2670483 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 3

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Airport revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series A AMT | 5.25<br> %<br>| &nbsp;&nbsp; 5-15-2042 | $2000000 | &nbsp;&nbsp; $2119506 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series A AMT | 5.25 | &nbsp;&nbsp; 5-15-2048 | 18000000 | &nbsp;&nbsp; 18277657 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series B AMT | 5.00 | &nbsp;&nbsp; 5-15-2034 | 1750000 | &nbsp;&nbsp; 1765383 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series B AMT | 5.00 | &nbsp;&nbsp; 5-15-2046 | 9000000 | &nbsp;&nbsp; 9013701 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series G AMT | 5.25 | &nbsp;&nbsp; 5-15-2047 | 3000000 | &nbsp;&nbsp; 3086548 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series H AMT | 5.00 | &nbsp;&nbsp; 5-15-2047 | 1750000 | &nbsp;&nbsp; 1777449 |
| &nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports Series H AMT | 5.50 | &nbsp;&nbsp; 5-15-2047 | 5000000 | &nbsp;&nbsp; 5223584 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Sacramento Airport System Revenue Series D AMT (AG <br> Insured)<br>| 5.25 | &nbsp;&nbsp; 7-1-2050 | 7300000 | &nbsp;&nbsp; 7620850 |
| &nbsp;&nbsp;&nbsp; Port of Oakland Series H AMT | 5.00 | &nbsp;&nbsp; 5-1-2026 | 2500000 | &nbsp;&nbsp; 2528421 |
| &nbsp;&nbsp;&nbsp; Port of Oakland Series H AMT | 5.00 | &nbsp;&nbsp; 5-1-2029 | 1875000 | &nbsp;&nbsp; 2009635 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2037 | 2500000 | &nbsp;&nbsp; 2812398 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2038 | 2500000 | &nbsp;&nbsp; 2791230 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2039 | 5345000 | &nbsp;&nbsp; 5915289 |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Airport Authority Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2040 | 3600000 | &nbsp;&nbsp; 3941338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Francisco City & County Airport Commission San Francisco <br> International Airport Series A AMT<br>| 5.25 | &nbsp;&nbsp; 5-1-2042 | 6390000 | &nbsp;&nbsp; 6447538 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; San Francisco City & County Airport Commission San Francisco <br> International Airport Series B AMT<br>| 5.00 | &nbsp;&nbsp; 5-1-2046 | 48630000 | &nbsp;&nbsp; 48626990 |
|  |  |  |  | &nbsp;&nbsp; **134848440** |
| **Education revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California School Finance Authority Aspire Public Schools Obligated <br> Group Series A144A<br>| 5.00 | &nbsp;&nbsp; 8-1-2042 | 1000000 | &nbsp;&nbsp; **982545** |
| **GO revenue: 0.80%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Alhambra Unified School District Series B CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2031 | 9675000 | &nbsp;&nbsp; 8254516 |
| &nbsp;&nbsp;&nbsp; Alhambra Unified School District Series B CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2032 | 3795000 | &nbsp;&nbsp; 3134191 |
| &nbsp;&nbsp;&nbsp; Alhambra Unified School District Series B CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2034 | 5000000 | &nbsp;&nbsp; 3792089 |
| &nbsp;&nbsp;&nbsp; Alhambra Unified School District Series B CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2035 | 6700000 | &nbsp;&nbsp; 4840680 |
| &nbsp;&nbsp;&nbsp; Colton Joint Unified School District Series B CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2031 | 1000000 | &nbsp;&nbsp; 852517 |
| &nbsp;&nbsp;&nbsp; Colton Joint Unified School District Series B CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2032 | 1000000 | &nbsp;&nbsp; 822542 |
| &nbsp;&nbsp;&nbsp; Colton Joint Unified School District Series B CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2033 | 1000000 | &nbsp;&nbsp; 789235 |
| &nbsp;&nbsp;&nbsp; Compton Community College District Series C CAB¤ | 0.00 | &nbsp;&nbsp; 8-1-2032 | 2515000 | &nbsp;&nbsp; 2075674 |
| &nbsp;&nbsp;&nbsp; Compton Community College District Series C CAB¤ | 0.00 | &nbsp;&nbsp; 8-1-2033 | 2000000 | &nbsp;&nbsp; 1584572 |
| &nbsp;&nbsp;&nbsp; El Monte Union High School District CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 6-1-2030 | 2000000 | &nbsp;&nbsp; 1764420 |
| &nbsp;&nbsp;&nbsp; El Monte Union High School District CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 6-1-2031 | 2000000 | &nbsp;&nbsp; 1707319 |
| &nbsp;&nbsp;&nbsp; El Monte Union High School District CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 6-1-2032 | 1660000 | &nbsp;&nbsp; 1366595 |
| &nbsp;&nbsp;&nbsp; El Monte Union High School District CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 6-1-2033 | 1230000 | &nbsp;&nbsp; 971902 |
| &nbsp;&nbsp;&nbsp; Los Angeles Unified School District Series QRR | 4.00 | &nbsp;&nbsp; 7-1-2049 | 4000000 | &nbsp;&nbsp; 3777549 |
| &nbsp;&nbsp;&nbsp; Ontario Montclair School District (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2028 | 1500000 | &nbsp;&nbsp; 1397874 |
| &nbsp;&nbsp;&nbsp; Ontario Montclair School District (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2030 | 2000000 | &nbsp;&nbsp; 1765852 |
| &nbsp;&nbsp;&nbsp; San Diego Unified School District Series C CAB¤ | 0.00 | &nbsp;&nbsp; 7-1-2031 | 2000000 | &nbsp;&nbsp; 1715926 |
| &nbsp;&nbsp;&nbsp; San Diego Unified School District Series C CAB¤ | 0.00 | &nbsp;&nbsp; 7-1-2033 | 1000000 | &nbsp;&nbsp; 796259 |
| &nbsp;&nbsp;&nbsp; San Diego Unified School District Series C CAB¤ | 0.00 | &nbsp;&nbsp; 7-1-2034 | 2000000 | &nbsp;&nbsp; 1526287 |
| &nbsp;&nbsp;&nbsp; San Diego Unified School District Series I | 4.00 | &nbsp;&nbsp; 7-1-2047 | 12000000 | &nbsp;&nbsp; 11246024 |
| &nbsp;&nbsp;&nbsp; State of California | 4.00 | &nbsp;&nbsp; 8-1-2038 | 4800000 | &nbsp;&nbsp; 4807317 |

---

See accompanying notes to portfolio of investments

4 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **GO revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Whittier City School District Series C | 5.25<br> %<br>| &nbsp;&nbsp; 8-1-2046 | $4850000 | &nbsp;&nbsp; $4945549 |
| &nbsp;&nbsp;&nbsp; Wiseburn School District Series B CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 8-1-2034 | 2530000 | &nbsp;&nbsp; 1921898 |
|  |  |  |  | &nbsp;&nbsp; **65856787** |
| **Health revenue: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; California HFFA Kaiser Foundation Hospitals Series A-2 | 4.00 | &nbsp;&nbsp; 11-1-2044 | 10000000 | &nbsp;&nbsp; 9261656 |
| &nbsp;&nbsp;&nbsp; California HFFA Sutter Health Obligated Group Series A | 5.00 | &nbsp;&nbsp; 11-15-2048 | 3000000 | &nbsp;&nbsp; 3019359 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California Statewide CDA CommonSpirit Health Obligated Group <br> Series E (AG Insured)€<br>| 6.00 | &nbsp;&nbsp; 7-1-2040 | 11775000 | &nbsp;&nbsp; 11775000 |
| &nbsp;&nbsp;&nbsp; California Statewide CDA Series A144A | 5.00 | &nbsp;&nbsp; 10-1-2028 | 12000000 | &nbsp;&nbsp; 12876768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regents of the University of California Medical Center Pooled <br> Revenue Series L<br>| 4.00 | &nbsp;&nbsp; 5-15-2037 | 7525000 | &nbsp;&nbsp; 7540993 |
|  |  |  |  | &nbsp;&nbsp; **44473776** |
| **Housing revenue: 0.43%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; California Housing Finance Agency Class A Series 2 | 4.00 | &nbsp;&nbsp; 3-20-2033 | 2790013 | &nbsp;&nbsp; 2846623 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California Statewide CDA Community Improvement Authority <br> Pasadena Portfolio Series B144A<br>| 4.00 | &nbsp;&nbsp; 12-1-2056 | 1500000 | &nbsp;&nbsp; 1129574 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California Statewide CDA Uptown Newport Building Owner LP <br> Series BB (East West Bank LOC)ø<br>| 2.59 | &nbsp;&nbsp; 3-1-2057 | 10520000 | &nbsp;&nbsp; 10520000 |
| &nbsp;&nbsp;&nbsp; Ontario PFA Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 11-1-2047 | 2750000 | &nbsp;&nbsp; 2870402 |
| &nbsp;&nbsp;&nbsp; Pasadena PFA Series A CAB¤ | 0.00 | &nbsp;&nbsp; 3-1-2027 | 2095000 | &nbsp;&nbsp; 2025445 |
| &nbsp;&nbsp;&nbsp; Pasadena PFA Series A CAB¤ | 0.00 | &nbsp;&nbsp; 3-1-2028 | 4450000 | &nbsp;&nbsp; 4202098 |
| &nbsp;&nbsp;&nbsp; Pasadena PFA Series A CAB¤ | 0.00 | &nbsp;&nbsp; 3-1-2029 | 4520000 | &nbsp;&nbsp; 4164215 |
| &nbsp;&nbsp;&nbsp; Pasadena PFA Series A CAB¤ | 0.00 | &nbsp;&nbsp; 3-1-2031 | 2185000 | &nbsp;&nbsp; 1904961 |
| &nbsp;&nbsp;&nbsp; Pasadena PFA Series A CAB¤ | 0.00 | &nbsp;&nbsp; 3-1-2032 | 2000000 | &nbsp;&nbsp; 1686158 |
| &nbsp;&nbsp;&nbsp; Pasadena PFA Series A CAB¤ | 0.00 | &nbsp;&nbsp; 3-1-2033 | 4295000 | &nbsp;&nbsp; 3488922 |
|  |  |  |  | &nbsp;&nbsp; **34838398** |
| **Miscellaneous revenue: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Los Angeles | 5.00 | &nbsp;&nbsp; 6-25-2026 | 5000000 | &nbsp;&nbsp; 5096059 |
| &nbsp;&nbsp;&nbsp; Hayward Unified School District COP | 5.25 | &nbsp;&nbsp; 8-1-2047 | 5000000 | &nbsp;&nbsp; 5050284 |
| &nbsp;&nbsp;&nbsp; Mesa Water District COP | 4.00 | &nbsp;&nbsp; 3-15-2039 | 500000 | &nbsp;&nbsp; 513190 |
| &nbsp;&nbsp;&nbsp; Mesa Water District COP | 4.00 | &nbsp;&nbsp; 3-15-2040 | 500000 | &nbsp;&nbsp; 510094 |
| &nbsp;&nbsp;&nbsp; Mesa Water District COP | 4.00 | &nbsp;&nbsp; 3-15-2045 | 1200000 | &nbsp;&nbsp; 1198477 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Orange County Water District Series A Certificate of Participation <br> (Bank of America N.A. LOC)ø<br>| 2.78 | &nbsp;&nbsp; 8-1-2042 | 1700000 | &nbsp;&nbsp; 1700000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southern California Public Power Authority Anaheim Electric <br> System Revenue Series Bøø<br>| 3.70 | &nbsp;&nbsp; 7-1-2040 | 4000000 | &nbsp;&nbsp; 4015287 |
|  |  |  |  | &nbsp;&nbsp; **18083391** |
| **Resource recovery revenue: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California Municipal Finance Authority Waste Management, Inc. <br> Series A AMTø<br>| 3.80 | &nbsp;&nbsp; 10-1-2045 | 15000000 | &nbsp;&nbsp; 14995029 |
| &nbsp;&nbsp;&nbsp; California PCFA Republic Services, Inc. AMT144Aø | 3.80 | &nbsp;&nbsp; 7-1-2043 | 6500000 | &nbsp;&nbsp; 6495280 |
|  |  |  |  | &nbsp;&nbsp; **21490309** |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 5

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Tax revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; San Diego County Regional Transportation Commission Series A | 5.00<br> %<br>| &nbsp;&nbsp; 4-1-2048 | $915000 | &nbsp;&nbsp; $920380 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Santa Clara Valley Transportation Authority Series A-1 (Sumitomo <br> Mitsui Banking Corp. LOC)ø<br>| 1.69 | &nbsp;&nbsp; 6-1-2055 | 2000000 | &nbsp;&nbsp; 2000000 |
|  |  |  |  | &nbsp;&nbsp; **2920380** |
| **Tobacco revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agency Los Angeles <br> County Securitization Corp. Series A<br>| 4.00 | &nbsp;&nbsp; 6-1-2039 | 500000 | &nbsp;&nbsp; 475360 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agency Los Angeles <br> County Securitization Corp. Series A<br>| 4.00 | &nbsp;&nbsp; 6-1-2040 | 300000 | &nbsp;&nbsp; 281395 |
|  |  |  |  | &nbsp;&nbsp; **756755** |
| **Transportation revenue: 0.38%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Bay Area Toll Authority Series A (SIFMA Municipal Swap+1.25%)± | 4.14 | &nbsp;&nbsp; 4-1-2036 | 23545000 | &nbsp;&nbsp; 23400794 |
| &nbsp;&nbsp;&nbsp; Foothill-Eastern Transportation Corridor Agency Series C | 4.00 | &nbsp;&nbsp; 1-15-2043 | 8500000 | &nbsp;&nbsp; 8135141 |
|  |  |  |  | &nbsp;&nbsp; **31535935** |
| **Utilities revenue: 1.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Clean Energy <br> Project Series B-1øø<br>| 5.00 | &nbsp;&nbsp; 7-1-2053 | 15000000 | &nbsp;&nbsp; 15929935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Clean Energy <br> Project Series Cøø<br>| 5.00 | &nbsp;&nbsp; 12-1-2055 | 11000000 | &nbsp;&nbsp; 11806522 |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Series 2024Høø | 5.00 | &nbsp;&nbsp; 1-1-2056 | 6000000 | &nbsp;&nbsp; 6693785 |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Series B-1øø | 4.00 | &nbsp;&nbsp; 2-1-2052 | 2360000 | &nbsp;&nbsp; 2418913 |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Series Cøø | 5.25 | &nbsp;&nbsp; 1-1-2054 | 15000000 | &nbsp;&nbsp; 16003683 |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Series Føø | 5.50 | &nbsp;&nbsp; 10-1-2054 | 11350000 | &nbsp;&nbsp; 12429110 |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority Series Gøø | 5.00 | &nbsp;&nbsp; 11-1-2055 | 5000000 | &nbsp;&nbsp; 5293686 |
| &nbsp;&nbsp;&nbsp; Central Valley Energy Authorityøø | 5.00 | &nbsp;&nbsp; 12-1-2055 | 14000000 | &nbsp;&nbsp; 15329069 |
| &nbsp;&nbsp;&nbsp; City of Vernon Electric System Revenue Series 2022-A | 5.00 | &nbsp;&nbsp; 8-1-2039 | 450000 | &nbsp;&nbsp; 473123 |
| &nbsp;&nbsp;&nbsp; City of Vernon Electric System Revenue Series 2022-A | 5.00 | &nbsp;&nbsp; 8-1-2040 | 375000 | &nbsp;&nbsp; 391892 |
| &nbsp;&nbsp;&nbsp; City of Vernon Electric System Revenue Series 2022-A | 5.00 | &nbsp;&nbsp; 8-1-2041 | 420000 | &nbsp;&nbsp; 435212 |
| &nbsp;&nbsp;&nbsp; City of Victorville Electric Revenue Series A | 5.00 | &nbsp;&nbsp; 5-1-2036 | 1210000 | &nbsp;&nbsp; 1340279 |
| &nbsp;&nbsp;&nbsp; City of Victorville Electric Revenue Series A | 5.00 | &nbsp;&nbsp; 5-1-2037 | 1005000 | &nbsp;&nbsp; 1106135 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Department of Water & Power System Revenue <br> Series A (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 7-1-2044 | 1250000 | &nbsp;&nbsp; 1342792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Department of Water & Power System Revenue <br> Series B<br>| 5.00 | &nbsp;&nbsp; 7-1-2031 | 5000000 | &nbsp;&nbsp; 5599407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Department of Water & Power System Revenue <br> Series F-1 (JPMorgan Chase Bank N.A. SPA)ø<br>| 3.25 | &nbsp;&nbsp; 7-1-2048 | 10000000 | &nbsp;&nbsp; 10000000 |
| &nbsp;&nbsp;&nbsp; M-S-R Energy Authority Series B | 6.13 | &nbsp;&nbsp; 11-1-2029 | 11895000 | &nbsp;&nbsp; 12583690 |
| &nbsp;&nbsp;&nbsp; San Joaquin Valley Clean Energy Authority Series Aøø | 5.50 | &nbsp;&nbsp; 1-1-2056 | 4000000 | &nbsp;&nbsp; 4590646 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2023-<br> XF1635 (Royal Bank of Canada LOC, Royal Bank of Canada <br> LIQ)144Aø<br>| 2.91 | &nbsp;&nbsp; 10-1-2028 | 3675000 | &nbsp;&nbsp; 3675000 |
|  |  |  |  | &nbsp;&nbsp; **127442879** |
| **Water & sewer revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Irvine Ranch Water District Series A (Bank of America N.A. LOC)ø | 2.60 | &nbsp;&nbsp; 10-1-2041 | 2645000 | &nbsp;&nbsp; 2645000 |

---

See accompanying notes to portfolio of investments

6 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Water & sewer revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Los Angeles Department of Water & Power Water System Revenue <br> Series B<br>| 5.00<br> %<br>| &nbsp;&nbsp; 7-1-2048 | $4000000 | &nbsp;&nbsp; $4026815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XF1956 <br> (Bank of America N.A. LIQ)144Aø<br>| 3.30 | &nbsp;&nbsp; 6-1-2054 | 2250000 | &nbsp;&nbsp; 2250000 |
|  |  |  |  | &nbsp;&nbsp; **8921815** |
|  |  |  |  | &nbsp;&nbsp; **492151410** |
| **Colorado: 4.28%** |  |  |  |  |
| **Airport revenue: 0.48%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Airport System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 12-1-2027 | 10000000 | &nbsp;&nbsp; 10457909 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Airport System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 12-1-2034 | 21855000 | &nbsp;&nbsp; 23633901 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Airport System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 12-1-2037 | 3130000 | &nbsp;&nbsp; 3214891 |
| &nbsp;&nbsp;&nbsp; City & County of Denver Airport System Revenue Series B | 5.25 | &nbsp;&nbsp; 11-15-2053 | 2000000 | &nbsp;&nbsp; 2083599 |
|  |  |  |  | &nbsp;&nbsp; **39390300** |
| **Education revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Colorado ECFA Alexander Dawson School LLC | 5.00 | &nbsp;&nbsp; 2-15-2040 | 1000000 | &nbsp;&nbsp; 1001144 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA Aspen Ridge Preparatory School, Inc.144A | 4.13 | &nbsp;&nbsp; 7-1-2026 | 130000 | &nbsp;&nbsp; 129997 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA Ben Franklin Academy | 5.00 | &nbsp;&nbsp; 7-1-2036 | 750000 | &nbsp;&nbsp; 750581 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA Community Leadership Academy, Inc. | 7.00 | &nbsp;&nbsp; 8-1-2033 | 810000 | &nbsp;&nbsp; 811871 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA DCS Montessori Charter School | 5.00 | &nbsp;&nbsp; 7-15-2037 | 1150000 | &nbsp;&nbsp; 1151270 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA New Summit Academy Series A144A | 4.00 | &nbsp;&nbsp; 7-1-2051 | 715000 | &nbsp;&nbsp; 520552 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA Prospect Ridge Academy Series A | 5.00 | &nbsp;&nbsp; 3-15-2035 | 2000000 | &nbsp;&nbsp; 2094449 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA Twin Peaks Charter Academy Series A | 6.50 | &nbsp;&nbsp; 3-15-2043 | 1290000 | &nbsp;&nbsp; 1260259 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA Union Colony Schools | 5.00 | &nbsp;&nbsp; 4-1-2048 | 715000 | &nbsp;&nbsp; 715128 |
| &nbsp;&nbsp;&nbsp; Colorado ECFA University Laboratory School144A | 5.00 | &nbsp;&nbsp; 12-15-2028 | 600000 | &nbsp;&nbsp; 601455 |
| &nbsp;&nbsp;&nbsp; Colorado School of Mines Series A (AG Insured) | 5.25 | &nbsp;&nbsp; 12-1-2047 | 1730000 | &nbsp;&nbsp; 1826343 |
|  |  |  |  | &nbsp;&nbsp; **10863049** |
| **GO revenue: 0.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Aerotropolis Regional Transportation Authority144A | 5.50 | &nbsp;&nbsp; 12-1-2044 | 6500000 | &nbsp;&nbsp; 6353492 |
| &nbsp;&nbsp;&nbsp; Baseline Metropolitan District No. 1 Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 12-1-2049 | 1500000 | &nbsp;&nbsp; 1543788 |
| &nbsp;&nbsp;&nbsp; Broadway Station Metropolitan District No. 3 Series A | 5.00 | &nbsp;&nbsp; 12-1-2049 | 1250000 | &nbsp;&nbsp; 954417 |
| &nbsp;&nbsp;&nbsp; Canyons Metropolitan District No. 5 Series A (BAM Insured) | 5.25 | &nbsp;&nbsp; 12-1-2059 | 2000000 | &nbsp;&nbsp; 2060504 |
| &nbsp;&nbsp;&nbsp; Colorado International Center Metropolitan District No. 3 | 4.63 | &nbsp;&nbsp; 12-1-2031 | 367000 | &nbsp;&nbsp; 359442 |
| &nbsp;&nbsp;&nbsp; Cornerstar Metropolitan District Series A | 5.25 | &nbsp;&nbsp; 12-1-2047 | 1000000 | &nbsp;&nbsp; 950961 |
| &nbsp;&nbsp;&nbsp; Grand River Hospital District (AG Insured) | 5.25 | &nbsp;&nbsp; 12-1-2035 | 1750000 | &nbsp;&nbsp; 1820570 |
| &nbsp;&nbsp;&nbsp; Midtown Clear Creek Metropolitan District Series A (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2053 | 3000000 | &nbsp;&nbsp; 3123882 |
| &nbsp;&nbsp;&nbsp; Park 70 Metropolitan District | 5.00 | &nbsp;&nbsp; 12-1-2046 | 1000000 | &nbsp;&nbsp; 968719 |
| &nbsp;&nbsp;&nbsp; Thompson Crossing Metropolitan District No. 4 | 5.00 | &nbsp;&nbsp; 12-1-2049 | 2125000 | &nbsp;&nbsp; 1996976 |
| &nbsp;&nbsp;&nbsp; Weld County School District No. RE-4 | 5.25 | &nbsp;&nbsp; 12-1-2047 | 13000000 | &nbsp;&nbsp; 13821903 |
| &nbsp;&nbsp;&nbsp; Wheatlands Metropolitan District (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2030 | 650000 | &nbsp;&nbsp; 651967 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wiggins School District No. RE-50J Adams Morgan & Weld Counties <br> (BAM Insured)<br>| 4.00 | &nbsp;&nbsp; 12-1-2046 | 2335000 | &nbsp;&nbsp; 2182573 |
|  |  |  |  | &nbsp;&nbsp; **36789194** |
| **Health revenue: 0.94%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Aspen Valley Hospital District | 5.00 | &nbsp;&nbsp; 10-15-2033 | 600000 | &nbsp;&nbsp; 600344 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 7

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority AdventHealth Obligated Group <br> Series A<br>| 4.00<br> %<br>| &nbsp;&nbsp; 11-15-2043 | $5500000 | &nbsp;&nbsp; $5017640 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority AdventHealth Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 11-15-2048 | 5000000 | &nbsp;&nbsp; 4556976 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority Christian Living Neighborhoods <br> Obligated Group<br>| 4.00 | &nbsp;&nbsp; 1-1-2042 | 1000000 | &nbsp;&nbsp; 858372 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority CommonSpirit Health <br> Obligated Group Series A-2<br>| 5.00 | &nbsp;&nbsp; 8-1-2044 | 4000000 | &nbsp;&nbsp; 4034286 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority Intermountain Healthcare <br> Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 5-15-2052 | 25000000 | &nbsp;&nbsp; 22518467 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority Intermountain Healthcare <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 5-15-2054 | 19355000 | &nbsp;&nbsp; 19642240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority Parkview Medical Center <br> Project Series A<br>| 4.00 | &nbsp;&nbsp; 9-1-2045 | 500000 | &nbsp;&nbsp; 537786 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority Sanford Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 11-1-2039 | 5000000 | &nbsp;&nbsp; 5172601 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority Sanford Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 11-1-2044 | 8000000 | &nbsp;&nbsp; 8087358 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority Sunny Vista Living Center <br> Obligated Group Series A144A<br>| 5.00 | &nbsp;&nbsp; 12-1-2025 | 290000 | &nbsp;&nbsp; 283423 |
| &nbsp;&nbsp;&nbsp; Denver Health & Hospital Authority Series A144A | 5.00 | &nbsp;&nbsp; 12-1-2034 | 500000 | &nbsp;&nbsp; 509822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Colorado Hospital Authority Health Obligated Group <br> Series C (TD Bank N.A. SPA)ø<br>| 3.90 | &nbsp;&nbsp; 11-15-2039 | 5050000 | &nbsp;&nbsp; 5050000 |
|  |  |  |  | &nbsp;&nbsp; **76869315** |
| **Miscellaneous revenue: 0.75%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Westminster Series A COP | 5.00 | &nbsp;&nbsp; 12-1-2035 | 2000000 | &nbsp;&nbsp; 2004566 |
| &nbsp;&nbsp;&nbsp; Colorado Bridge Enterprise High Performance Transportation AMT | 4.00 | &nbsp;&nbsp; 12-31-2029 | 2705000 | &nbsp;&nbsp; 2736979 |
| &nbsp;&nbsp;&nbsp; Colorado Bridge Enterprise High Performance Transportation AMT | 4.00 | &nbsp;&nbsp; 6-30-2030 | 3115000 | &nbsp;&nbsp; 3150735 |
| &nbsp;&nbsp;&nbsp; Colorado Bridge Enterprise High Performance Transportation AMT | 4.00 | &nbsp;&nbsp; 6-30-2031 | 665000 | &nbsp;&nbsp; 671307 |
| &nbsp;&nbsp;&nbsp; Denver City & County School District No. 1 Series B COP | 5.00 | &nbsp;&nbsp; 12-15-2035 | 1000000 | &nbsp;&nbsp; 1002639 |
| &nbsp;&nbsp;&nbsp; Denver City & County School District No. 1 Series B COP | 5.00 | &nbsp;&nbsp; 12-15-2045 | 1200000 | &nbsp;&nbsp; 1199940 |
| &nbsp;&nbsp;&nbsp; E-470 Public Highway Authority Series A CAB (NPFGC Insured)¤ | 0.00 | &nbsp;&nbsp; 9-1-2034 | 4000000 | &nbsp;&nbsp; 2960626 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Park Creek Metropolitan District Westerly Creek District Service <br> Area Series A<br>| 5.00 | &nbsp;&nbsp; 12-1-2045 | 500000 | &nbsp;&nbsp; 498779 |
| &nbsp;&nbsp;&nbsp; State of Colorado COP | 6.00 | &nbsp;&nbsp; 12-15-2039 | 4225000 | &nbsp;&nbsp; 4870790 |
| &nbsp;&nbsp;&nbsp; State of Colorado COP | 6.00 | &nbsp;&nbsp; 12-15-2041 | 17500000 | &nbsp;&nbsp; 19909699 |
| &nbsp;&nbsp;&nbsp; State of Colorado Series A COP | 4.00 | &nbsp;&nbsp; 12-15-2038 | 8150000 | &nbsp;&nbsp; 8222596 |
| &nbsp;&nbsp;&nbsp; State of Colorado Series A COP | 4.00 | &nbsp;&nbsp; 12-15-2039 | 3250000 | &nbsp;&nbsp; 3248428 |
| &nbsp;&nbsp;&nbsp; State of Colorado Series N COP | 4.00 | &nbsp;&nbsp; 3-15-2043 | 7900000 | &nbsp;&nbsp; 7579175 |
| &nbsp;&nbsp;&nbsp; Westminster Public Schools COP (AG Insured) | 5.00 | &nbsp;&nbsp; 12-1-2048 | 3500000 | &nbsp;&nbsp; 3541381 |
|  |  |  |  | &nbsp;&nbsp; **61597640** |
| **Tax revenue: 0.69%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City & County of Denver Pledged Excise Tax Revenue Series A | 5.00 | &nbsp;&nbsp; 8-1-2044 | 3000000 | &nbsp;&nbsp; 3010930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regional Transportation District Sales Tax Revenue Fastracks <br> Project Series A##<br>| 5.00 | &nbsp;&nbsp; 11-1-2041 | 50945000 | &nbsp;&nbsp; 51357400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regional Transportation District Denver Transit Partners LLC <br> Series A<br>| 4.00 | &nbsp;&nbsp; 7-15-2039 | 800000 | &nbsp;&nbsp; 769288 |

---

See accompanying notes to portfolio of investments

8 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Tax revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regional Transportation District Denver Transit Partners LLC <br> Series A<br>| 5.00<br> %<br>| &nbsp;&nbsp; 1-15-2031 | $500000 | &nbsp;&nbsp; $542440 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regional Transportation District Denver Transit Partners LLC <br> Series A<br>| 5.00 | &nbsp;&nbsp; 7-15-2031 | 500000 | &nbsp;&nbsp; 540975 |
|  |  |  |  | &nbsp;&nbsp; **56221033** |
| **Transportation revenue: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado High Performance Transportation Enterprise Plenary <br> Roads Denver LLC AMT<br>| 5.75 | &nbsp;&nbsp; 1-1-2044 | 3360000 | &nbsp;&nbsp; 3362112 |
| &nbsp;&nbsp;&nbsp; E-470 Public Highway Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2034 | 1300000 | &nbsp;&nbsp; 1416949 |
| &nbsp;&nbsp;&nbsp; E-470 Public Highway Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2035 | 1250000 | &nbsp;&nbsp; 1351270 |
| &nbsp;&nbsp;&nbsp; E-470 Public Highway Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2036 | 1400000 | &nbsp;&nbsp; 1505188 |
|  |  |  |  | &nbsp;&nbsp; **7635519** |
| **Utilities revenue: 0.71%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Colorado Springs Utilities System Revenue Series A | 5.25 | &nbsp;&nbsp; 11-15-2054 | 28125000 | &nbsp;&nbsp; 29866339 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Colorado Springs Utilities System Revenue Series C (TD <br> Bank N.A. SPA)ø<br>| 2.87 | &nbsp;&nbsp; 11-1-2040 | 15785000 | &nbsp;&nbsp; 15785000 |
| &nbsp;&nbsp;&nbsp; Public Authority for Colorado Energy | 6.50 | &nbsp;&nbsp; 11-15-2038 | 10495000 | &nbsp;&nbsp; 12682450 |
|  |  |  |  | &nbsp;&nbsp; **58333789** |
| **Water & sewer revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Central Weld County Water District (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2035 | 800000 | &nbsp;&nbsp; 824294 |
| &nbsp;&nbsp;&nbsp; Central Weld County Water District (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2037 | 400000 | &nbsp;&nbsp; 405595 |
| &nbsp;&nbsp;&nbsp; Central Weld County Water District (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2038 | 400000 | &nbsp;&nbsp; 402002 |
| &nbsp;&nbsp;&nbsp; Central Weld County Water District (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2039 | 450000 | &nbsp;&nbsp; 450639 |
| &nbsp;&nbsp;&nbsp; Central Weld County Water District (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2040 | 500000 | &nbsp;&nbsp; 496310 |
| &nbsp;&nbsp;&nbsp; City of Boulder Water & Sewer Revenue | 5.00 | &nbsp;&nbsp; 12-1-2043 | 125000 | &nbsp;&nbsp; 135000 |
| &nbsp;&nbsp;&nbsp; East Cherry Creek Valley Water & Sanitation District | 5.00 | &nbsp;&nbsp; 11-15-2032 | 750000 | &nbsp;&nbsp; 751539 |
|  |  |  |  | &nbsp;&nbsp; **3465379** |
|  |  |  |  | &nbsp;&nbsp; **351165218** |
| **Connecticut: 0.90%** |  |  |  |  |
| **Education revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Connecticut State HEFA Quinnipiac University Series L | 5.00 | &nbsp;&nbsp; 7-1-2036 | 3680000 | &nbsp;&nbsp; 3681125 |
| &nbsp;&nbsp;&nbsp; Connecticut State HEFA Quinnipiac University Series N | 5.00 | &nbsp;&nbsp; 7-1-2048 | 5000000 | &nbsp;&nbsp; 5078541 |
| &nbsp;&nbsp;&nbsp; Connecticut State HEFA Trustees of Trinity College Series R | 4.00 | &nbsp;&nbsp; 6-1-2045 | 2500000 | &nbsp;&nbsp; 2281029 |
| &nbsp;&nbsp;&nbsp; Connecticut State HEFA Trustees of Trinity College Series R | 5.00 | &nbsp;&nbsp; 6-1-2037 | 950000 | &nbsp;&nbsp; 1007232 |
| &nbsp;&nbsp;&nbsp; Connecticut State HEFA Trustees of Trinity College Series R | 5.00 | &nbsp;&nbsp; 6-1-2038 | 1000000 | &nbsp;&nbsp; 1054087 |
| &nbsp;&nbsp;&nbsp; Connecticut State HEFA Trustees of Trinity College Series R | 5.00 | &nbsp;&nbsp; 6-1-2039 | 1600000 | &nbsp;&nbsp; 1679066 |
| &nbsp;&nbsp;&nbsp; Connecticut State HEFA Trustees of Trinity College Series R | 5.00 | &nbsp;&nbsp; 6-1-2040 | 1100000 | &nbsp;&nbsp; 1148269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State Higher Education Supplement Loan Authority <br> Series B AMT<br>| 3.25 | &nbsp;&nbsp; 11-15-2036 | 1175000 | &nbsp;&nbsp; 1087951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State Higher Education Supplement Loan Authority <br> Series B AMT<br>| 5.00 | &nbsp;&nbsp; 11-15-2027 | 610000 | &nbsp;&nbsp; 628929 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State Higher Education Supplement Loan Authority <br> Series B AMT<br>| 5.00 | &nbsp;&nbsp; 11-15-2028 | 530000 | &nbsp;&nbsp; 556756 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 9

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State Higher Education Supplement Loan Authority <br> Series B AMT<br>| 5.00<br> %<br>| &nbsp;&nbsp; 11-15-2029 | $465000 | &nbsp;&nbsp; $490770 |
| &nbsp;&nbsp;&nbsp; University of Connecticut Series A | 5.00 | &nbsp;&nbsp; 2-15-2039 | 1510000 | &nbsp;&nbsp; 1600441 |
| &nbsp;&nbsp;&nbsp; University of Connecticut Series A | 5.00 | &nbsp;&nbsp; 2-15-2040 | 2500000 | &nbsp;&nbsp; 2631297 |
|  |  |  |  | &nbsp;&nbsp; **22925493** |
| **GO revenue: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Bridgeport Series A | 4.00 | &nbsp;&nbsp; 6-1-2039 | 1750000 | &nbsp;&nbsp; 1751442 |
| &nbsp;&nbsp;&nbsp; City of New Britain Series A (BAM Insured) | 5.00 | &nbsp;&nbsp; 3-1-2047 | 1855000 | &nbsp;&nbsp; 1915498 |
| &nbsp;&nbsp;&nbsp; City of New Haven Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 8-1-2039 | 3000000 | &nbsp;&nbsp; 3102191 |
| &nbsp;&nbsp;&nbsp; State of Connecticut Series B | 5.00 | &nbsp;&nbsp; 6-1-2041 | 1250000 | &nbsp;&nbsp; 1324427 |
|  |  |  |  | &nbsp;&nbsp; **8093558** |
| **Health revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State HEFA Children's Medical Center Obligated Group <br> Series E<br>| 5.25 | &nbsp;&nbsp; 7-15-2048 | 3700000 | &nbsp;&nbsp; 3868219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State HEFA McLean Affiliates Obligated Group <br> Series A144A<br>| 5.00 | &nbsp;&nbsp; 1-1-2045 | 1000000 | &nbsp;&nbsp; 862483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State HEFA Stamford Hospital Obligated Group <br> Series M<br>| 5.00 | &nbsp;&nbsp; 7-1-2032 | 2705000 | &nbsp;&nbsp; 2964837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State HEFA Stamford Hospital Obligated Group <br> Series M<br>| 5.00 | &nbsp;&nbsp; 7-1-2033 | 3000000 | &nbsp;&nbsp; 3267851 |
|  |  |  |  | &nbsp;&nbsp; **10963390** |
| **Housing revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Connecticut HFA Series A-3 (Bank of America N.A. SPA)ø | 2.89 | &nbsp;&nbsp; 5-15-2048 | 900000 | &nbsp;&nbsp; 900000 |
| &nbsp;&nbsp;&nbsp; Connecticut HFA Series E-3 (State Street Bank & Trust Co. SPA)ø | 3.10 | &nbsp;&nbsp; 11-15-2050 | 2000000 | &nbsp;&nbsp; 2000000 |
|  |  |  |  | &nbsp;&nbsp; **2900000** |
| **Tax revenue: 0.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue Series A | 5.00 | &nbsp;&nbsp; 5-1-2040 | 1700000 | &nbsp;&nbsp; 1788005 |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue Series A | 5.25 | &nbsp;&nbsp; 7-1-2043 | 3000000 | &nbsp;&nbsp; 3231877 |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 5-1-2038 | 5000000 | &nbsp;&nbsp; 5093203 |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue Series B | 5.00 | &nbsp;&nbsp; 10-1-2036 | 5000000 | &nbsp;&nbsp; 5243218 |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue Series B | 5.00 | &nbsp;&nbsp; 10-1-2037 | 7500000 | &nbsp;&nbsp; 7838117 |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue Series D | 4.00 | &nbsp;&nbsp; 11-1-2039 | 2000000 | &nbsp;&nbsp; 2008429 |
| &nbsp;&nbsp;&nbsp; State of Connecticut Special Tax Revenue Series D | 4.00 | &nbsp;&nbsp; 11-1-2040 | 3500000 | &nbsp;&nbsp; 3497467 |
|  |  |  |  | &nbsp;&nbsp; **28700316** |
|  |  |  |  | &nbsp;&nbsp; **73582757** |
| **Delaware: 0.13%** |  |  |  |  |
| **Education revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Kent Charter School, Inc. Series A | 4.00 | &nbsp;&nbsp; 5-1-2041 | 2575000 | &nbsp;&nbsp; **2136240** |
| **Transportation revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 4.00 | &nbsp;&nbsp; 1-1-2039 | 650000 | &nbsp;&nbsp; 656007 |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 4.00 | &nbsp;&nbsp; 1-1-2040 | 485000 | &nbsp;&nbsp; 486341 |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 4.00 | &nbsp;&nbsp; 1-1-2041 | 320000 | &nbsp;&nbsp; 317625 |

---

See accompanying notes to portfolio of investments

10 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Transportation revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 4.00<br> %<br>| &nbsp;&nbsp; 1-1-2042 | $550000 | &nbsp;&nbsp; $537491 |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 4.00 | &nbsp;&nbsp; 1-1-2046 | 1000000 | &nbsp;&nbsp; 935627 |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 5.00 | &nbsp;&nbsp; 1-1-2039 | 450000 | &nbsp;&nbsp; 488852 |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 5.00 | &nbsp;&nbsp; 1-1-2040 | 465000 | &nbsp;&nbsp; 501423 |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 5.00 | &nbsp;&nbsp; 1-1-2041 | 500000 | &nbsp;&nbsp; 535143 |
| &nbsp;&nbsp;&nbsp; Delaware River & Bay Authority | 5.00 | &nbsp;&nbsp; 1-1-2042 | 520000 | &nbsp;&nbsp; 552639 |
| &nbsp;&nbsp;&nbsp; Delaware Transportation Authority US 301 Project Revenue | 5.00 | &nbsp;&nbsp; 6-1-2055 | 3950000 | &nbsp;&nbsp; 3949900 |
|  |  |  |  | &nbsp;&nbsp; **8961048** |
|  |  |  |  | &nbsp;&nbsp; **11097288** |
| **District of Columbia: 0.98%** |  |  |  |  |
| **Airport revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation Revenue <br> Series A AMT<br>| 4.00 | &nbsp;&nbsp; 10-1-2038 | 2500000 | &nbsp;&nbsp; 2452145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation Revenue <br> Series A AMT<br>| 4.00 | &nbsp;&nbsp; 10-1-2039 | 3405000 | &nbsp;&nbsp; 3298995 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation Revenue <br> Series A AMT<br>| 5.00 | &nbsp;&nbsp; 10-1-2031 | 7500000 | &nbsp;&nbsp; 7618829 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation Revenue <br> Series A AMT<br>| 5.00 | &nbsp;&nbsp; 10-1-2032 | 5000000 | &nbsp;&nbsp; 5476612 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority Aviation Revenue <br> Series A AMT<br>| 5.25 | &nbsp;&nbsp; 10-1-2046 | 3890000 | &nbsp;&nbsp; 4044476 |
|  |  |  |  | &nbsp;&nbsp; **22891057** |
| **Education revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Georgetown University Series Aøø | 5.00 | &nbsp;&nbsp; 4-1-2060 | 7000000 | &nbsp;&nbsp; 7825192 |
| &nbsp;&nbsp;&nbsp; District of Columbia Two Rivers Public Charter School, Inc. | 5.00 | &nbsp;&nbsp; 6-1-2050 | 1500000 | &nbsp;&nbsp; 1388364 |
|  |  |  |  | &nbsp;&nbsp; **9213556** |
| **GO revenue: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Series A | 5.00 | &nbsp;&nbsp; 6-1-2037 | 5000000 | &nbsp;&nbsp; 5132595 |
| &nbsp;&nbsp;&nbsp; District of Columbia Series A | 5.00 | &nbsp;&nbsp; 10-15-2044 | 10000000 | &nbsp;&nbsp; 10225160 |
|  |  |  |  | &nbsp;&nbsp; **15357755** |
| **Health revenue: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; District of Columbia Children's National Medical Center Obligated <br> Group<br>| 5.00 | &nbsp;&nbsp; 7-15-2044 | 7575000 | &nbsp;&nbsp; 7585454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; District of Columbia MedStar Health Obligated Group Series A (TD <br> Bank N.A. LOC)ø<br>| 2.80 | &nbsp;&nbsp; 8-15-2038 | 4340000 | &nbsp;&nbsp; 4340000 |
|  |  |  |  | &nbsp;&nbsp; **11925454** |
| **Housing revenue: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XX1403 <br> (Barclays Bank plc LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 7-15-2053 | 3990000 | &nbsp;&nbsp; 3990000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority Dedicated Revenue <br> Series A<br>| 4.00 | &nbsp;&nbsp; 7-15-2045 | 1000000 | &nbsp;&nbsp; 935633 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 11

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority Dedicated Revenue <br> Series A<br>| 4.00<br> %<br>| &nbsp;&nbsp; 7-15-2046 | $3540000 | &nbsp;&nbsp; $3286532 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit Authority Dedicated Revenue <br> Series A<br>| 5.00 | &nbsp;&nbsp; 7-15-2054 | 4250000 | &nbsp;&nbsp; 4375409 |
|  |  |  |  | &nbsp;&nbsp; **12587574** |
| **Miscellaneous revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Washington Convention & Sports Authority Series A | 4.00 | &nbsp;&nbsp; 10-1-2036 | 670000 | &nbsp;&nbsp; 677479 |
| &nbsp;&nbsp;&nbsp; Washington Convention & Sports Authority Series A | 4.00 | &nbsp;&nbsp; 10-1-2037 | 1115000 | &nbsp;&nbsp; 1120254 |
| &nbsp;&nbsp;&nbsp; Washington Convention & Sports Authority Series A | 4.00 | &nbsp;&nbsp; 10-1-2039 | 640000 | &nbsp;&nbsp; 629192 |
|  |  |  |  | &nbsp;&nbsp; **2426925** |
| **Tax revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; District of Columbia Income Tax Revenue Series A | 5.25 | &nbsp;&nbsp; 5-1-2048 | 3000000 | &nbsp;&nbsp; 3171025 |
| &nbsp;&nbsp;&nbsp; Washington Convention & Sports Authority Series B | 4.00 | &nbsp;&nbsp; 10-1-2037 | 1000000 | &nbsp;&nbsp; 1004712 |
| &nbsp;&nbsp;&nbsp; Washington Convention & Sports Authority Series B | 4.00 | &nbsp;&nbsp; 10-1-2038 | 1000000 | &nbsp;&nbsp; 993526 |
| &nbsp;&nbsp;&nbsp; Washington Convention & Sports Authority Series B | 4.00 | &nbsp;&nbsp; 10-1-2039 | 1000000 | &nbsp;&nbsp; 983113 |
|  |  |  |  | &nbsp;&nbsp; **6152376** |
|  |  |  |  | &nbsp;&nbsp; **80554697** |
| **Florida: 8.14%** |  |  |  |  |
| **Airport revenue: 1.90%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Broward Airport System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2034 | 1750000 | &nbsp;&nbsp; 1835365 |
| &nbsp;&nbsp;&nbsp; County of Broward Airport System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2036 | 12440000 | &nbsp;&nbsp; 12447917 |
| &nbsp;&nbsp;&nbsp; County of Broward Airport System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2038 | 2000000 | &nbsp;&nbsp; 2056684 |
| &nbsp;&nbsp;&nbsp; County of Broward Airport System Revenue Series Q-1 | 4.00 | &nbsp;&nbsp; 10-1-2042 | 4800000 | &nbsp;&nbsp; 4532937 |
| &nbsp;&nbsp;&nbsp; County of Broward Port Facilities Revenue Series B AMT | 4.00 | &nbsp;&nbsp; 9-1-2044 | 7300000 | &nbsp;&nbsp; 6689850 |
| &nbsp;&nbsp;&nbsp; County of Lee Airport Revenue AMT (AG Insured) | 5.25 | &nbsp;&nbsp; 10-1-2054 | 4500000 | &nbsp;&nbsp; 4601886 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Aviation Revenue Series A | 4.00 | &nbsp;&nbsp; 10-1-2038 | 3250000 | &nbsp;&nbsp; 3236139 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Aviation Revenue Series A | 4.00 | &nbsp;&nbsp; 10-1-2041 | 1500000 | &nbsp;&nbsp; 1432487 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Aviation Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2049 | 18750000 | &nbsp;&nbsp; 18789296 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Aviation Revenue Series B AMT | 5.00 | &nbsp;&nbsp; 10-1-2040 | 18000000 | &nbsp;&nbsp; 18176569 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Seaport Department Series A AMT | 5.25 | &nbsp;&nbsp; 10-1-2052 | 2000000 | &nbsp;&nbsp; 2024945 |
| &nbsp;&nbsp;&nbsp; Greater Orlando Aviation Authority Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2046 | 3000000 | &nbsp;&nbsp; 3060853 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Aviation Authority Series A AMT | 5.00 | &nbsp;&nbsp; 10-1-2048 | 7000000 | &nbsp;&nbsp; 6993086 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Aviation Authority Series B AMT | 5.50 | &nbsp;&nbsp; 10-1-2049 | 20000000 | &nbsp;&nbsp; 21296746 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Aviation Authority Series E AMT | 5.00 | &nbsp;&nbsp; 10-1-2048 | 10000000 | &nbsp;&nbsp; 10058793 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Aviation Authority Series F | 5.00 | &nbsp;&nbsp; 10-1-2048 | 20570000 | &nbsp;&nbsp; 20793948 |
| &nbsp;&nbsp;&nbsp; Jacksonville Port Authority Series B | 5.00 | &nbsp;&nbsp; 11-1-2044 | 4080000 | &nbsp;&nbsp; 4148554 |
| &nbsp;&nbsp;&nbsp; Jacksonville Port Authority Series B | 5.00 | &nbsp;&nbsp; 11-1-2048 | 9870000 | &nbsp;&nbsp; 9947656 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2023-<br> XG0443 (Royal Bank of Canada LOC, Royal Bank of Canada <br> LIQ)144Aø<br>| 2.95 | &nbsp;&nbsp; 4-1-2038 | 3445000 | &nbsp;&nbsp; 3445000 |
|  |  |  |  | &nbsp;&nbsp; **155568711** |
| **Education revenue: 0.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Projects Finance Authority Imagine School at North Port, <br> Inc. Series A144A<br>| 6.25 | &nbsp;&nbsp; 6-15-2045 | 2000000 | &nbsp;&nbsp; 2012328 |

---

See accompanying notes to portfolio of investments

12 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Projects Finance Authority IPS Enterprises, Inc. Projects <br> Series A144A<br>| 7.00<br> %<br>| &nbsp;&nbsp; 6-15-2030 | $10500000 | &nbsp;&nbsp; $10874752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Projects Finance Authority Navigator Academy of <br> Leadership, Inc. Obligated Group144A<br>| 5.00 | &nbsp;&nbsp; 6-15-2054 | 1200000 | &nbsp;&nbsp; 1092357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Agency, Inc. Renaissance Charter School, Inc. <br> Series 2019 Obligated Group Series A144A<br>| 5.00 | &nbsp;&nbsp; 6-15-2039 | 3610000 | &nbsp;&nbsp; 3442244 |
| &nbsp;&nbsp;&nbsp; Capital Trust Authority IDEA Florida, Inc. Series A144A | 6.25 | &nbsp;&nbsp; 6-15-2053 | 4950000 | &nbsp;&nbsp; 5023174 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Authority Independence Classical Academy Obligated <br> Group Series A144A<br>| 7.00 | &nbsp;&nbsp; 6-15-2044 | 1380000 | &nbsp;&nbsp; 1385032 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Development Finance Corp. Cornerstone Charter Academy, <br> Inc. Obligated Group144A<br>| 5.00 | &nbsp;&nbsp; 10-1-2042 | 1605000 | &nbsp;&nbsp; 1533942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Higher Educational Facilities Financing Authority <br> Jacksonville University Series A-1144A<br>| 5.00 | &nbsp;&nbsp; 6-1-2048 | 2000000 | &nbsp;&nbsp; 1709342 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Volusia County Educational Facility Authority Embry-Riddle <br> Aeronautical University, Inc. Series A<br>| 5.00 | &nbsp;&nbsp; 10-15-2044 | 6500000 | &nbsp;&nbsp; 6629871 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Volusia County Educational Facility Authority Embry-Riddle <br> Aeronautical University, Inc. Series A<br>| 5.00 | &nbsp;&nbsp; 10-15-2049 | 4000000 | &nbsp;&nbsp; 4047800 |
|  |  |  |  | &nbsp;&nbsp; **37750842** |
| **GO revenue: 0.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Doral Parks & Recreation Project | 4.00 | &nbsp;&nbsp; 7-1-2042 | 3610000 | &nbsp;&nbsp; 3546403 |
| &nbsp;&nbsp;&nbsp; City of Miami Beach Series A | 5.25 | &nbsp;&nbsp; 5-1-2053 | 7000000 | &nbsp;&nbsp; 7355930 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Series 2014-A | 5.00 | &nbsp;&nbsp; 7-1-2043 | 12935000 | &nbsp;&nbsp; 12971230 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Series A | 4.00 | &nbsp;&nbsp; 7-1-2042 | 5000000 | &nbsp;&nbsp; 4923792 |
| &nbsp;&nbsp;&nbsp; School Board of Miami-Dade County | 5.00 | &nbsp;&nbsp; 3-15-2046 | 15000000 | &nbsp;&nbsp; 15038462 |
|  |  |  |  | &nbsp;&nbsp; **43835817** |
| **Health revenue: 1.92%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Capital Trust Authority Shands Teaching Hospital & Clinics <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 12-1-2035 | 8000000 | &nbsp;&nbsp; 8871365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Atlantic Beach Naval Continuing Care Retirement <br> Foundation Obligated Group Series B<br>| 5.63 | &nbsp;&nbsp; 11-15-2043 | 5000000 | &nbsp;&nbsp; 5002233 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Jacksonville Baptist Health System Obligated Group <br> Series Dø<br>| 2.91 | &nbsp;&nbsp; 8-1-2036 | 2305000 | &nbsp;&nbsp; 2305000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Jacksonville Baptist Health System Obligated Group <br> Series Eø<br>| 2.91 | &nbsp;&nbsp; 8-1-2036 | 1330000 | &nbsp;&nbsp; 1330000 |
| &nbsp;&nbsp;&nbsp; City of Jacksonville Genesis Health, Inc. Obligated Group | 4.00 | &nbsp;&nbsp; 11-1-2045 | 3500000 | &nbsp;&nbsp; 3106740 |
| &nbsp;&nbsp;&nbsp; City of Lakeland Regional Health Systems Obligated Group | 5.00 | &nbsp;&nbsp; 11-15-2044 | 4000000 | &nbsp;&nbsp; 4129337 |
| &nbsp;&nbsp;&nbsp; City of Lakeland Regional Health Systems Obligated Group | 5.00 | &nbsp;&nbsp; 11-15-2045 | 3500000 | &nbsp;&nbsp; 3601075 |
| &nbsp;&nbsp;&nbsp; City of Tampa BayCare Obligated Group Series A | 4.00 | &nbsp;&nbsp; 11-15-2046 | 3000000 | &nbsp;&nbsp; 2765430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Tampa H Lee Moffitt Cancer Center & Research Institute <br> Obligated Group Series B<br>| 4.00 | &nbsp;&nbsp; 7-1-2038 | 1025000 | &nbsp;&nbsp; 987981 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Tampa H Lee Moffitt Cancer Center & Research Institute <br> Obligated Group Series B<br>| 4.00 | &nbsp;&nbsp; 7-1-2045 | 2500000 | &nbsp;&nbsp; 2242755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Tampa H Lee Moffitt Cancer Center & Research Institute <br> Obligated Group Series B<br>| 5.00 | &nbsp;&nbsp; 7-1-2040 | 700000 | &nbsp;&nbsp; 725827 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Development Finance Corp. Health Sciences Center, Inc. <br> Obligated Group Series A<br>| 5.25 | &nbsp;&nbsp; 8-1-2049 | 6000000 | &nbsp;&nbsp; 6128047 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 13

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Local Government Finance Commission Ponte Vedra Pine <br> Co. LLC Obligated Group Series B-3144A<br>| 4.20<br> %<br>| &nbsp;&nbsp; 11-15-2030 | $4750000 | &nbsp;&nbsp; $4783024 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Highlands County Health Facilities Authority AdventHealth <br> Obligated Group Series Aø<br>| 2.90 | &nbsp;&nbsp; 11-15-2033 | 8000000 | &nbsp;&nbsp; 8000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Highlands County Health Facilities Authority AdventHealth <br> Obligated Group Series Aø<br>| 2.91 | &nbsp;&nbsp; 11-15-2037 | 15550000 | &nbsp;&nbsp; 15550000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Highlands County Health Facilities Authority AdventHealth <br> Obligated Group Series I-2ø<br>| 2.90 | &nbsp;&nbsp; 11-15-2032 | 15000000 | &nbsp;&nbsp; 15000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Highlands County Health Facilities Authority AdventHealth <br> Obligated Group Series I-5ø<br>| 2.91 | &nbsp;&nbsp; 11-15-2035 | 19555000 | &nbsp;&nbsp; 19555000 |
| &nbsp;&nbsp;&nbsp; Hillsborough County IDA BayCare Obligated Group Series C | 4.13 | &nbsp;&nbsp; 11-15-2051 | 5000000 | &nbsp;&nbsp; 4539690 |
| &nbsp;&nbsp;&nbsp; Holmes County Hospital Corp. | 6.00 | &nbsp;&nbsp; 11-1-2038 | 2500000 | &nbsp;&nbsp; 2156643 |
| &nbsp;&nbsp;&nbsp; Lee County IDA Shell Point Obligated Group | 5.00 | &nbsp;&nbsp; 11-15-2044 | 11265000 | &nbsp;&nbsp; 11181720 |
| &nbsp;&nbsp;&nbsp; Lee County IDA Shell Point Obligated Group | 5.00 | &nbsp;&nbsp; 11-15-2049 | 5500000 | &nbsp;&nbsp; 5285288 |
| &nbsp;&nbsp;&nbsp; Lee County IDA Shell Point Obligated Group Series A | 5.25 | &nbsp;&nbsp; 11-15-2044 | 2525000 | &nbsp;&nbsp; 2566803 |
| &nbsp;&nbsp;&nbsp; Lee County IDA Shell Point Obligated Group Series A | 5.25 | &nbsp;&nbsp; 11-15-2054 | 5290000 | &nbsp;&nbsp; 5235414 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miami-Dade County Health Facilities Authority Series A (AG <br> Insured)<br>| 4.00 | &nbsp;&nbsp; 8-1-2046 | 5000000 | &nbsp;&nbsp; 4673965 |
| &nbsp;&nbsp;&nbsp; Sarasota County Public Hospital District Obligated Group | 5.00 | &nbsp;&nbsp; 7-1-2052 | 10355000 | &nbsp;&nbsp; 10491585 |
| &nbsp;&nbsp;&nbsp; South Broward Hospital District Obligated Group | 4.00 | &nbsp;&nbsp; 5-1-2048 | 2120000 | &nbsp;&nbsp; 1973278 |
| &nbsp;&nbsp;&nbsp; South Broward Hospital District Obligated Group Series A | 4.00 | &nbsp;&nbsp; 5-1-2044 | 5000000 | &nbsp;&nbsp; 4639581 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; St. Johns County IDA Life Care Ponte Vedra Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 12-15-2046 | 1500000 | &nbsp;&nbsp; 1179228 |
|  |  |  |  | &nbsp;&nbsp; **158007009** |
| **Housing revenue: 0.17%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Orlando Series B | 5.00 | &nbsp;&nbsp; 10-1-2033 | 1525000 | &nbsp;&nbsp; 1527580 |
| &nbsp;&nbsp;&nbsp; City of Orlando Series B | 5.00 | &nbsp;&nbsp; 10-1-2035 | 1680000 | &nbsp;&nbsp; 1682676 |
| &nbsp;&nbsp;&nbsp; City of Orlando Series B | 5.00 | &nbsp;&nbsp; 10-1-2036 | 1765000 | &nbsp;&nbsp; 1767782 |
| &nbsp;&nbsp;&nbsp; County of Hillsborough | 5.00 | &nbsp;&nbsp; 10-1-2038 | 8000000 | &nbsp;&nbsp; 8002446 |
| &nbsp;&nbsp;&nbsp; Florida Housing Finance Corp. Journet Place LP Series 1144A | 7.60 | &nbsp;&nbsp; 12-15-2047 | 735000 | &nbsp;&nbsp; 755560 |
|  |  |  |  | &nbsp;&nbsp; **13736044** |
| **Industrial development revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp. Waste Pro USA, Inc. AMT | 3.00 | &nbsp;&nbsp; 6-1-2032 | 3500000 | &nbsp;&nbsp; 3193822 |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp. Waste Pro USA, Inc. AMT144A | 5.25 | &nbsp;&nbsp; 8-1-2029 | 7500000 | &nbsp;&nbsp; 7798137 |
|  |  |  |  | &nbsp;&nbsp; **10991959** |
| **Miscellaneous revenue: 1.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Daytona Beach Series B | 5.50 | &nbsp;&nbsp; 9-1-2049 | 1415000 | &nbsp;&nbsp; 1528331 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Orlando Contract Tourist Development Tax Revenue (AG <br> Insured)<br>| 5.25 | &nbsp;&nbsp; 11-1-2041 | 2500000 | &nbsp;&nbsp; 2693282 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Orlando Contract Tourist Development Tax Revenue (AG <br> Insured)<br>| 5.25 | &nbsp;&nbsp; 11-1-2042 | 3500000 | &nbsp;&nbsp; 3733361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Orlando Contract Tourist Development Tax Revenue (AG <br> Insured)<br>| 5.25 | &nbsp;&nbsp; 11-1-2044 | 3000000 | &nbsp;&nbsp; 3159694 |
| &nbsp;&nbsp;&nbsp; County of Broward Tourist Development Tax Revenue | 4.00 | &nbsp;&nbsp; 9-1-2047 | 15000000 | &nbsp;&nbsp; 13360596 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Series A | 5.00 | &nbsp;&nbsp; 4-1-2051 | 25000000 | &nbsp;&nbsp; 25845715 |

---

See accompanying notes to portfolio of investments

14 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Miscellaneous revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Pasco State of Florida Cigarette Tax Revenue Series A <br> (AG Insured)<br>| 5.00<br> %<br>| &nbsp;&nbsp; 9-1-2048 | $1000000 | &nbsp;&nbsp; $1022512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Pasco State of Florida Cigarette Tax Revenue Series A <br> (AG Insured)<br>| 5.50 | &nbsp;&nbsp; 9-1-2044 | 875000 | &nbsp;&nbsp; 933173 |
| &nbsp;&nbsp;&nbsp; Duval County Public Schools Series A COP (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2034 | 2000000 | &nbsp;&nbsp; 2171176 |
| &nbsp;&nbsp;&nbsp; Duval County Public Schools Series A COP (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2035 | 3000000 | &nbsp;&nbsp; 3235795 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indigo Community Development District Special Assessment <br> Series C<br>| 7.00 | &nbsp;&nbsp; 5-1-2030 | 2536248 | &nbsp;&nbsp; 1496386 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Julington Creek Plantation Community Development District <br> Series 2023 Assessment (AG Insured)<br>| 4.38 | &nbsp;&nbsp; 5-1-2045 | 1000000 | &nbsp;&nbsp; 960734 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Julington Creek Plantation Community Development District <br> Series 2023 Assessment (AG Insured)<br>| 4.63 | &nbsp;&nbsp; 5-1-2054 | 3000000 | &nbsp;&nbsp; 2872808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lakeside Plantation Community Development District Special <br> Assessment Series A<br>| 6.95 | &nbsp;&nbsp; 5-1-2031 | 616000 | &nbsp;&nbsp; 617352 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marshall Creek Community Development District Series 2002 <br> Special Assessment<br>| 5.00 | &nbsp;&nbsp; 5-1-2032 | 1175000 | &nbsp;&nbsp; 1175639 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Marshall Creek Community Development District Series 2016 <br> Special Assessment<br>| 6.32 | &nbsp;&nbsp; 5-1-2045 | 105000 | &nbsp;&nbsp; 105129 |
| &nbsp;&nbsp;&nbsp; Okaloosa County School Board COP (AG Insured) | 5.00 | &nbsp;&nbsp; 10-1-2049 | 5000000 | &nbsp;&nbsp; 5155852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pinellas County IDA Drs. Kiran & Pallavi Patel 2017 Foundation for <br> Global Understanding, Inc.<br>| 5.00 | &nbsp;&nbsp; 7-1-2039 | 2000000 | &nbsp;&nbsp; 1973649 |
| &nbsp;&nbsp;&nbsp; St. Johns County School Board Series A COP (AG Insured) | 5.25 | &nbsp;&nbsp; 7-1-2047 | 5000000 | &nbsp;&nbsp; 5194335 |
| &nbsp;&nbsp;&nbsp; St. Johns County School Board Series A COP (AG Insured) | 5.50 | &nbsp;&nbsp; 7-1-2049 | 3000000 | &nbsp;&nbsp; 3204839 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Village Community Development District No. 15 Series 2023 Phase I <br> Special Assessment144A<br>| 5.00 | &nbsp;&nbsp; 5-1-2043 | 1985000 | &nbsp;&nbsp; 1994487 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Village Community Development District No. 15 Series 2024 <br> Special Assessment144A<br>| 4.55 | &nbsp;&nbsp; 5-1-2044 | 1000000 | &nbsp;&nbsp; 950580 |
|  |  |  |  | &nbsp;&nbsp; **83385425** |
| **Resource recovery revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Development Finance Corp. GFL Solid Waste Southeast LLC <br> Series A AMT144Aøø<br>| 4.38 | &nbsp;&nbsp; 10-1-2054 | 3000000 | &nbsp;&nbsp; **3028484** |
| **Tax revenue: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Lee Local Option Gas Tax Revenue | 5.25 | &nbsp;&nbsp; 8-1-2049 | 5000000 | &nbsp;&nbsp; 5155490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miami Beach Redevelopment Agency City Center/Historic <br> Convention Village Redevelopment & Revitalization (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 2-1-2041 | 6000000 | &nbsp;&nbsp; 6352564 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Miami Beach Redevelopment Agency City Center/Historic <br> Convention Village Redevelopment & Revitalization (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 2-1-2043 | 10500000 | &nbsp;&nbsp; 10908454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Overtown Park West Community Redevelopment <br> Agency Series A (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 3-1-2039 | 2200000 | &nbsp;&nbsp; 2361421 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Overtown Park West Community Redevelopment <br> Agency Series A (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 3-1-2040 | 2225000 | &nbsp;&nbsp; 2367755 |
|  |  |  |  | &nbsp;&nbsp; **27145684** |
| **Transportation revenue: 0.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Central Florida Expressway Authority (AG Insured) | 4.00 | &nbsp;&nbsp; 7-1-2039 | 6070000 | &nbsp;&nbsp; 6101832 |
| &nbsp;&nbsp;&nbsp; Central Florida Expressway Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2049 | 6000000 | &nbsp;&nbsp; 6308743 |
| &nbsp;&nbsp;&nbsp; Central Florida Expressway Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2054 | 7500000 | &nbsp;&nbsp; 7758781 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 15

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Transportation revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Osceola Transportation Revenue Series A-1 | 5.00<br> %<br>| &nbsp;&nbsp; 10-1-2044 | $4250000 | &nbsp;&nbsp; $4283722 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Expressway Authority Series A | 5.00 | &nbsp;&nbsp; 7-1-2040 | 8040000 | &nbsp;&nbsp; 8075863 |
| &nbsp;&nbsp;&nbsp; Miami-Dade County Expressway Authority Series A | 5.00 | &nbsp;&nbsp; 7-1-2044 | 3500000 | &nbsp;&nbsp; 3485158 |
| &nbsp;&nbsp;&nbsp; Sunshine Skyway Bridge Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 7-1-2038 | 4185000 | &nbsp;&nbsp; 4199288 |
|  |  |  |  | &nbsp;&nbsp; **40213387** |
| **Utilities revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Lakeland Department of Electric Utilities | 5.00 | &nbsp;&nbsp; 10-1-2048 | 1250000 | &nbsp;&nbsp; 1339117 |
| &nbsp;&nbsp;&nbsp; Fort Pierce Utilities Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 10-1-2038 | 1000000 | &nbsp;&nbsp; 1075404 |
| &nbsp;&nbsp;&nbsp; Fort Pierce Utilities Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 10-1-2042 | 1000000 | &nbsp;&nbsp; 1051616 |
|  |  |  |  | &nbsp;&nbsp; **3466137** |
| **Water & sewer revenue: 1.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Charlotte County IDA MSKP Town & Country Utility LLC AMT | 5.88 | &nbsp;&nbsp; 10-1-2045 | 700000 | &nbsp;&nbsp; 721477 |
| &nbsp;&nbsp;&nbsp; County of Manatee Public Utilities Revenue | 4.00 | &nbsp;&nbsp; 10-1-2048 | 3345000 | &nbsp;&nbsp; 3102673 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Water & Sewer System Revenue | 4.00 | &nbsp;&nbsp; 10-1-2046 | 8100000 | &nbsp;&nbsp; 7514353 |
| &nbsp;&nbsp;&nbsp; County of Miami-Dade Water & Sewer System Revenue Series A | 5.25 | &nbsp;&nbsp; 10-1-2054 | 4715000 | &nbsp;&nbsp; 4949827 |
| &nbsp;&nbsp;&nbsp; Florida Keys Aqueduct Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2041 | 2750000 | &nbsp;&nbsp; 2752325 |
| &nbsp;&nbsp;&nbsp; JEA Water & Sewer System Revenue Series A | 5.50 | &nbsp;&nbsp; 10-1-2054 | 10000000 | &nbsp;&nbsp; 10757908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship District Utility Revenue System <br> Acquisition Project (AG Insured)<br>| 5.25 | &nbsp;&nbsp; 10-1-2048 | 2605000 | &nbsp;&nbsp; 2726256 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lakewood Ranch Stewardship District Utility Revenue System <br> Acquisition Project (AG Insured)<br>| 5.25 | &nbsp;&nbsp; 10-1-2053 | 4000000 | &nbsp;&nbsp; 4178604 |
| &nbsp;&nbsp;&nbsp; North Sumter County Utility Dependent District | 5.00 | &nbsp;&nbsp; 10-1-2049 | 3250000 | &nbsp;&nbsp; 3287104 |
| &nbsp;&nbsp;&nbsp; North Sumter County Utility Dependent District (BAM Insured) | 5.00 | &nbsp;&nbsp; 10-1-2044 | 7000000 | &nbsp;&nbsp; 7179762 |
| &nbsp;&nbsp;&nbsp; Tampa Bay Water Series A | 5.25 | &nbsp;&nbsp; 10-1-2054 | 30000000 | &nbsp;&nbsp; 31838694 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2025-<br> XM1210 (AG Insured) (Royal Bank of Canada LOC, Royal Bank of <br> Canada LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 4-1-2031 | 3590000 | &nbsp;&nbsp; 3590000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wildwood Utility Dependent District South Sumter Utility Project <br> (BAM Insured)<br>| 5.00 | &nbsp;&nbsp; 10-1-2046 | 8250000 | &nbsp;&nbsp; 8498903 |
|  |  |  |  | &nbsp;&nbsp; **91097886** |
|  |  |  |  | &nbsp;&nbsp; **668227385** |
| **Georgia: 3.11%** |  |  |  |  |
| **Education revenue: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Development Authority of Cobb County Learning Center <br> Foundation of Central Cobb, Inc. Series A<br>| 6.38 | &nbsp;&nbsp; 7-1-2025 | 1705000 | &nbsp;&nbsp; 1193500 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Development Authority of Cobb County Northwest Classical <br> Academy, Inc. Series A144A<br>| 5.20 | &nbsp;&nbsp; 6-15-2033 | 850000 | &nbsp;&nbsp; 868918 |
| &nbsp;&nbsp;&nbsp; Private Colleges & Universities Authority Emory University Series B | 5.00 | &nbsp;&nbsp; 9-1-2048 | 4000000 | &nbsp;&nbsp; 4080495 |
| &nbsp;&nbsp;&nbsp; Private Colleges & Universities Authority Mercer University | 5.00 | &nbsp;&nbsp; 10-1-2040 | 5000000 | &nbsp;&nbsp; 5002443 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Senoia Development Authority Georgia Charter Educational <br> Foundation, Inc. Obligated Group Series A144A<br>| 6.25 | &nbsp;&nbsp; 7-1-2044 | 1490000 | &nbsp;&nbsp; 1387029 |
|  |  |  |  | &nbsp;&nbsp; **12532385** |

---

See accompanying notes to portfolio of investments

16 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brookhaven Development Authority Children's Healthcare of <br> Atlanta Obligated Group Series A<br>| 5.00<br> %<br>| &nbsp;&nbsp; 7-1-2038 | $1500000 | &nbsp;&nbsp; $1578066 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cobb County Hospital Authority WellStar Health System Obligated <br> Group (Truist Bank LOC)ø<br>| 2.92 | &nbsp;&nbsp; 4-1-2034 | 4700000 | &nbsp;&nbsp; 4700000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cobb County Kennestone Hospital Authority WellStar Health <br> System Obligated Group Series A (Bank of America N.A. LOC)ø<br>| 2.94 | &nbsp;&nbsp; 4-1-2047 | 4600000 | &nbsp;&nbsp; 4600000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Development Authority for Fulton County WellStar Health System <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 4-1-2047 | 2250000 | &nbsp;&nbsp; 2258548 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Glynn-Brunswick Memorial Hospital Authority Southeast Georgia <br> Health System Obligated Group<br>| 5.00 | &nbsp;&nbsp; 8-1-2034 | 2580000 | &nbsp;&nbsp; 2581513 |
|  |  |  |  | &nbsp;&nbsp; **15718127** |
| **Housing revenue: 0.30%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Georgia HFA Series A | 4.60 | &nbsp;&nbsp; 12-1-2049 | 12000000 | &nbsp;&nbsp; 11819169 |
| &nbsp;&nbsp;&nbsp; Roswell Housing Authority (Northern Trust Company LOC)ø | 2.73 | &nbsp;&nbsp; 9-1-2027 | 12600000 | &nbsp;&nbsp; 12600000 |
|  |  |  |  | &nbsp;&nbsp; **24419169** |
| **Industrial development revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; George L Smith II Congress Center Authority Signia Hotel <br> Management LLC Series B144A<br>| 5.00 | &nbsp;&nbsp; 1-1-2054 | 3000000 | &nbsp;&nbsp; **2746604** |
| **Tax revenue: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Atlanta Development Authority Westside Tax Allocation District <br> Gulch Area Series A144A<br>| 5.50 | &nbsp;&nbsp; 4-1-2039 | 2000000 | &nbsp;&nbsp; 2029975 |
| &nbsp;&nbsp;&nbsp; Metropolitan Atlanta Rapid Transit Authority Series C | 4.00 | &nbsp;&nbsp; 7-1-2035 | 5000000 | &nbsp;&nbsp; 5054212 |
|  |  |  |  | &nbsp;&nbsp; **7084187** |
| **Utilities revenue: 2.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Water Light & Sinking Fund Commissioners of the City of <br> Dalton<br>| 4.00 | &nbsp;&nbsp; 3-1-2040 | 1000000 | &nbsp;&nbsp; 963425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Board of Water Light & Sinking Fund Commissioners of the City of <br> Dalton<br>| 4.00 | &nbsp;&nbsp; 3-1-2041 | 1000000 | &nbsp;&nbsp; 944100 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Development Authority of Burke County Georgia Power Co. <br> Series 1995<br>| 2.20 | &nbsp;&nbsp; 10-1-2032 | 1500000 | &nbsp;&nbsp; 1308792 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Development Authority of Monroe County Georgia Power Co. <br> Series 2øø<br>| 3.88 | &nbsp;&nbsp; 10-1-2048 | 3000000 | &nbsp;&nbsp; 3011558 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series Aøø | 4.00 | &nbsp;&nbsp; 7-1-2052 | 8500000 | &nbsp;&nbsp; 8678720 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series A | 5.00 | &nbsp;&nbsp; 6-1-2030 | 1000000 | &nbsp;&nbsp; 1061869 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series A | 5.00 | &nbsp;&nbsp; 5-15-2032 | 3745000 | &nbsp;&nbsp; 3920215 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series Aøø | 5.00 | &nbsp;&nbsp; 6-1-2053 | 16000000 | &nbsp;&nbsp; 17046114 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series Aøø | 5.00 | &nbsp;&nbsp; 5-1-2054 | 17200000 | &nbsp;&nbsp; 18617524 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series B | 5.00 | &nbsp;&nbsp; 6-1-2027 | 1700000 | &nbsp;&nbsp; 1748004 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series B | 5.00 | &nbsp;&nbsp; 6-1-2028 | 2900000 | &nbsp;&nbsp; 3028242 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series B | 5.00 | &nbsp;&nbsp; 6-1-2029 | 3300000 | &nbsp;&nbsp; 3469486 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series Bøø | 5.00 | &nbsp;&nbsp; 7-1-2053 | 9215000 | &nbsp;&nbsp; 9914602 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series Bøø | 5.00 | &nbsp;&nbsp; 12-1-2055 | 25000000 | &nbsp;&nbsp; 27148133 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series C144Aøø | 4.00 | &nbsp;&nbsp; 8-1-2052 | 36550000 | &nbsp;&nbsp; 36772747 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series Døø | 5.00 | &nbsp;&nbsp; 5-1-2054 | 14500000 | &nbsp;&nbsp; 15534108 |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series Eøø | 5.00 | &nbsp;&nbsp; 5-1-2055 | 14500000 | &nbsp;&nbsp; 15851504 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 17

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Utilities revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc. Series E-1øø | 5.00<br> %<br>| &nbsp;&nbsp; 12-1-2053 | $1550000 | &nbsp;&nbsp; $1670146 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia Plant Vogtle Units 3&4 <br> Project Series A<br>| 5.00 | &nbsp;&nbsp; 1-1-2037 | 1100000 | &nbsp;&nbsp; 1138324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia Plant Vogtle Units 3&4 <br> Project Series A<br>| 5.00 | &nbsp;&nbsp; 1-1-2038 | 1100000 | &nbsp;&nbsp; 1132982 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia Plant Vogtle Units 3&4 <br> Project Series A<br>| 5.25 | &nbsp;&nbsp; 7-1-2064 | 8000000 | &nbsp;&nbsp; 8239533 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia Plant Vogtle Units 3&4 <br> Project Series A (BAM Insured)<br>| 5.00 | &nbsp;&nbsp; 1-1-2049 | 6750000 | &nbsp;&nbsp; 6763054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia Project One Subordinated B <br> Series A<br>| 4.00 | &nbsp;&nbsp; 1-1-2040 | 1075000 | &nbsp;&nbsp; 1046241 |
| &nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia Series A | 5.00 | &nbsp;&nbsp; 1-1-2044 | 3580000 | &nbsp;&nbsp; 3610516 |
|  |  |  |  | &nbsp;&nbsp; **192619939** |
|  |  |  |  | &nbsp;&nbsp; **255120411** |
| **Guam: 0.12%** |  |  |  |  |
| **Airport revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.25 | &nbsp;&nbsp; 10-1-2035 | 530000 | &nbsp;&nbsp; 567652 |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.25 | &nbsp;&nbsp; 10-1-2036 | 1000000 | &nbsp;&nbsp; 1063119 |
| &nbsp;&nbsp;&nbsp; Antonio B Won Pat International Airport Authority Series A AMT | 5.38 | &nbsp;&nbsp; 10-1-2043 | 750000 | &nbsp;&nbsp; 775514 |
| &nbsp;&nbsp;&nbsp; Port Authority of Guam Series B AMT | 5.00 | &nbsp;&nbsp; 7-1-2030 | 500000 | &nbsp;&nbsp; 520514 |
|  |  |  |  | &nbsp;&nbsp; **2926799** |
| **Housing revenue: 0.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Guam Housing Corp. Series A (FHLMC Insured) | 5.75 | &nbsp;&nbsp; 9-1-2031 | 40000 | &nbsp;&nbsp; **40370** |
| **Miscellaneous revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Territory of Guam Series F | 4.00 | &nbsp;&nbsp; 1-1-2042 | 2750000 | &nbsp;&nbsp; 2554384 |
| &nbsp;&nbsp;&nbsp; Territory of Guam Series G | 5.25 | &nbsp;&nbsp; 1-1-2037 | 1850000 | &nbsp;&nbsp; 2019453 |
| &nbsp;&nbsp;&nbsp; Territory of Guam Series G | 5.25 | &nbsp;&nbsp; 1-1-2040 | 1000000 | &nbsp;&nbsp; 1066320 |
|  |  |  |  | &nbsp;&nbsp; **5640157** |
| **Water & sewer revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Guam Government Waterworks Authority Series A | 5.00 | &nbsp;&nbsp; 1-1-2050 | 1600000 | &nbsp;&nbsp; **1600052** |
|  |  |  |  | &nbsp;&nbsp; **10207378** |
| **Hawaii: 0.22%** |  |  |  |  |
| **Airport revenue: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; State of Hawaii Airports System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2034 | 6800000 | &nbsp;&nbsp; 7255477 |
| &nbsp;&nbsp;&nbsp; State of Hawaii Airports System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2048 | 7000000 | &nbsp;&nbsp; 7037427 |
| &nbsp;&nbsp;&nbsp; State of Hawaii Harbor System Revenue Series A AMT | 4.00 | &nbsp;&nbsp; 7-1-2033 | 1250000 | &nbsp;&nbsp; 1272931 |
| &nbsp;&nbsp;&nbsp; State of Hawaii Harbor System Revenue Series A AMT | 4.00 | &nbsp;&nbsp; 7-1-2034 | 875000 | &nbsp;&nbsp; 886305 |
| &nbsp;&nbsp;&nbsp; State of Hawaii Harbor System Revenue Series A AMT | 4.00 | &nbsp;&nbsp; 7-1-2035 | 625000 | &nbsp;&nbsp; 629085 |
| &nbsp;&nbsp;&nbsp; State of Hawaii Harbor System Revenue Series A AMT | 4.00 | &nbsp;&nbsp; 7-1-2036 | 300000 | &nbsp;&nbsp; 300827 |
| &nbsp;&nbsp;&nbsp; State of Hawaii Harbor System Revenue Series C | 4.00 | &nbsp;&nbsp; 7-1-2040 | 425000 | &nbsp;&nbsp; 424021 |
|  |  |  |  | &nbsp;&nbsp; **17806073** |

---

See accompanying notes to portfolio of investments

18 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Idaho: 0.09%** |  |  |  |  |
| **Education revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association Legacy Public Charter School, <br> Inc. Series A<br>| 5.85<br> %<br>| &nbsp;&nbsp; 5-1-2033 | $440000 | &nbsp;&nbsp; $440401 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association Legacy Public Charter School, <br> Inc. Series A<br>| 6.25 | &nbsp;&nbsp; 5-1-2043 | 1365000 | &nbsp;&nbsp; 1365800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association Liberty Charter School, Inc. <br> Series A144A<br>| 4.00 | &nbsp;&nbsp; 6-1-2030 | 830000 | &nbsp;&nbsp; 833003 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association Liberty Charter School, Inc. <br> Series A144A<br>| 4.00 | &nbsp;&nbsp; 6-1-2038 | 1715000 | &nbsp;&nbsp; 1555191 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association North Star Charter School, <br> Inc. Series A<br>| 6.75 | &nbsp;&nbsp; 7-1-2048 | 1322876 | &nbsp;&nbsp; 1328711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association North Star Charter School, <br> Inc. Series B CAB144A¤<br>| 0.00 | &nbsp;&nbsp; 7-1-2049 | 1276564 | &nbsp;&nbsp; 221490 |
|  |  |  |  | &nbsp;&nbsp; **5744596** |
| **Resource recovery revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Southern Idaho Regional Solid Waste District | 4.00 | &nbsp;&nbsp; 3-1-2028 | 2000000 | &nbsp;&nbsp; **2019871** |
|  |  |  |  | &nbsp;&nbsp; **7764467** |
| **Illinois: 10.46%** |  |  |  |  |
| **Airport revenue: 0.54%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Customer Facility Charge <br> Revenue (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 1-1-2041 | 1950000 | &nbsp;&nbsp; 2083659 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Customer Facility Charge <br> Revenue (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 1-1-2043 | 1660000 | &nbsp;&nbsp; 1751033 |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Series A | 4.00 | &nbsp;&nbsp; 1-1-2035 | 7500000 | &nbsp;&nbsp; 7595656 |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Series A | 5.00 | &nbsp;&nbsp; 1-1-2034 | 5000000 | &nbsp;&nbsp; 5386109 |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Series B | 5.00 | &nbsp;&nbsp; 1-1-2039 | 10250000 | &nbsp;&nbsp; 10384528 |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Series B | 5.00 | &nbsp;&nbsp; 1-1-2053 | 7500000 | &nbsp;&nbsp; 7538430 |
| &nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Series E (AG Insured) | 4.00 | &nbsp;&nbsp; 1-1-2039 | 1500000 | &nbsp;&nbsp; 1501732 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport Transportation Infrastructure <br> Purpose Obligated Group AMT<br>| 5.00 | &nbsp;&nbsp; 7-1-2038 | 1000000 | &nbsp;&nbsp; 1011747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Centerpoint Joliet Terminal Railroad LLC <br> AMT144Aøø<br>| 4.80 | &nbsp;&nbsp; 12-1-2043 | 7000000 | &nbsp;&nbsp; 7185223 |
|  |  |  |  | &nbsp;&nbsp; **44438117** |
| **Education revenue: 0.25%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Acero Charter Schools, Inc. Obligated <br> Group144A<br>| 4.00 | &nbsp;&nbsp; 10-1-2042 | 1250000 | &nbsp;&nbsp; 1055520 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority Bradley University Series A | 4.00 | &nbsp;&nbsp; 8-1-2043 | 750000 | &nbsp;&nbsp; 622873 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority Chicago School - California, Inc. | 5.25 | &nbsp;&nbsp; 4-1-2039 | 1180000 | &nbsp;&nbsp; 1247864 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority Chicago School - California, Inc. | 5.25 | &nbsp;&nbsp; 4-1-2042 | 1835000 | &nbsp;&nbsp; 1873365 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority Chicago School - California, Inc. | 5.25 | &nbsp;&nbsp; 4-1-2044 | 1200000 | &nbsp;&nbsp; 1214993 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority University of Chicago Series A | 5.00 | &nbsp;&nbsp; 10-1-2036 | 1500000 | &nbsp;&nbsp; 1708308 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority University of Chicago Series A | 5.00 | &nbsp;&nbsp; 10-1-2037 | 1350000 | &nbsp;&nbsp; 1532459 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority University of Chicago Series A | 5.00 | &nbsp;&nbsp; 10-1-2038 | 1500000 | &nbsp;&nbsp; 1692892 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority University of Chicago Series A | 5.25 | &nbsp;&nbsp; 5-15-2048 | 2385000 | &nbsp;&nbsp; 2490465 |
| &nbsp;&nbsp;&nbsp; Southern Illinois University Series A (BAM Insured) | 4.00 | &nbsp;&nbsp; 4-1-2035 | 500000 | &nbsp;&nbsp; 509354 |
| &nbsp;&nbsp;&nbsp; Southern Illinois University Series A (BAM Insured) | 4.00 | &nbsp;&nbsp; 4-1-2037 | 1000000 | &nbsp;&nbsp; 1002860 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 19

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Southern Illinois University Series A (BAM Insured) | 5.00<br> %<br>| &nbsp;&nbsp; 4-1-2032 | $500000 | &nbsp;&nbsp; $547273 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Illinois Auxiliary Facilities System Series A CAB (NPFGC <br> Insured)¤<br>| 0.00 | &nbsp;&nbsp; 4-1-2026 | 2355000 | &nbsp;&nbsp; 2319585 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Illinois Auxiliary Facilities System Series A CAB (NPFGC <br> Insured)¤<br>| 0.00 | &nbsp;&nbsp; 4-1-2027 | 2435000 | &nbsp;&nbsp; 2329409 |
|  |  |  |  | &nbsp;&nbsp; **20147220** |
| **GO revenue: 3.49%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Dedicated Capital Improvement Tax | 5.75 | &nbsp;&nbsp; 4-1-2048 | 10000000 | &nbsp;&nbsp; 10398459 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series A | 5.00 | &nbsp;&nbsp; 12-1-2035 | 6630000 | &nbsp;&nbsp; 6672857 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series A | 5.00 | &nbsp;&nbsp; 12-1-2036 | 6000000 | &nbsp;&nbsp; 6011385 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series A | 5.00 | &nbsp;&nbsp; 12-1-2040 | 2000000 | &nbsp;&nbsp; 1946251 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series A | 5.00 | &nbsp;&nbsp; 12-1-2042 | 6555000 | &nbsp;&nbsp; 6181632 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series B-1 CAB (NPFGC Insured)¤ | 0.00 | &nbsp;&nbsp; 12-1-2025 | 3380000 | &nbsp;&nbsp; 3359526 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series B-1 CAB (NPFGC Insured)¤ | 0.00 | &nbsp;&nbsp; 12-1-2026 | 4245000 | &nbsp;&nbsp; 4073782 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series C | 5.25 | &nbsp;&nbsp; 12-1-2039 | 9000000 | &nbsp;&nbsp; 8937721 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series D | 5.00 | &nbsp;&nbsp; 12-1-2046 | 15000000 | &nbsp;&nbsp; 13589421 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series H | 5.00 | &nbsp;&nbsp; 12-1-2036 | 5905000 | &nbsp;&nbsp; 5851608 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education Series H | 5.00 | &nbsp;&nbsp; 12-1-2046 | 4000000 | &nbsp;&nbsp; 3623846 |
| &nbsp;&nbsp;&nbsp; Chicago Park District Series C (BAM Insured) | 4.00 | &nbsp;&nbsp; 1-1-2041 | 4025000 | &nbsp;&nbsp; 3739826 |
| &nbsp;&nbsp;&nbsp; Chicago Park District Series D (BAM Insured) | 4.00 | &nbsp;&nbsp; 1-1-2034 | 4555000 | &nbsp;&nbsp; 4633200 |
| &nbsp;&nbsp;&nbsp; Chicago Park District Series E | 5.00 | &nbsp;&nbsp; 11-15-2028 | 1655000 | &nbsp;&nbsp; 1683251 |
| &nbsp;&nbsp;&nbsp; City of Chicago CAB (NPFGC Insured)¤ | 0.00 | &nbsp;&nbsp; 1-1-2030 | 5995000 | &nbsp;&nbsp; 5203825 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.00 | &nbsp;&nbsp; 1-1-2034 | 11790000 | &nbsp;&nbsp; 12200214 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.00 | &nbsp;&nbsp; 1-1-2043 | 4000000 | &nbsp;&nbsp; 3876060 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.00 | &nbsp;&nbsp; 1-1-2044 | 15000000 | &nbsp;&nbsp; 14443810 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.00 | &nbsp;&nbsp; 1-1-2045 | 24000000 | &nbsp;&nbsp; 22903968 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.25 | &nbsp;&nbsp; 1-1-2037 | 1950000 | &nbsp;&nbsp; 2006476 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.25 | &nbsp;&nbsp; 1-1-2045 | 5475000 | &nbsp;&nbsp; 5387756 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.50 | &nbsp;&nbsp; 1-1-2039 | 5000000 | &nbsp;&nbsp; 5118402 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.50 | &nbsp;&nbsp; 1-1-2040 | 1000000 | &nbsp;&nbsp; 1019498 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.50 | &nbsp;&nbsp; 1-1-2041 | 1500000 | &nbsp;&nbsp; 1515123 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series A | 5.50 | &nbsp;&nbsp; 1-1-2043 | 1500000 | &nbsp;&nbsp; 1504078 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series B | 4.00 | &nbsp;&nbsp; 1-1-2038 | 6615000 | &nbsp;&nbsp; 5997613 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series C | 6.00 | &nbsp;&nbsp; 1-1-2043 | 2000000 | &nbsp;&nbsp; 2138082 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series C CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 1-1-2026 | 7360000 | &nbsp;&nbsp; 7302373 |
| &nbsp;&nbsp;&nbsp; City of Chicago Series E | 6.00 | &nbsp;&nbsp; 1-1-2044 | 1500000 | &nbsp;&nbsp; 1595101 |
| &nbsp;&nbsp;&nbsp; City of Peoria Series A (BAM Insured) | 5.00 | &nbsp;&nbsp; 1-1-2029 | 2000000 | &nbsp;&nbsp; 2142496 |
| &nbsp;&nbsp;&nbsp; Cook County Community College District No. 508 (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2035 | 1370000 | &nbsp;&nbsp; 1488180 |
| &nbsp;&nbsp;&nbsp; Cook County Community College District No. 508 (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2036 | 1150000 | &nbsp;&nbsp; 1238035 |
| &nbsp;&nbsp;&nbsp; Cook County Community College District No. 508 (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2037 | 1250000 | &nbsp;&nbsp; 1333658 |
| &nbsp;&nbsp;&nbsp; Cook County Community College District No. 508 (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2038 | 1000000 | &nbsp;&nbsp; 1057418 |
| &nbsp;&nbsp;&nbsp; Cook County Community College District No. 508 (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2040 | 3500000 | &nbsp;&nbsp; 3644080 |
| &nbsp;&nbsp;&nbsp; Cook County Community College District No. 508 (BAM Insured) | 5.00 | &nbsp;&nbsp; 12-1-2043 | 1650000 | &nbsp;&nbsp; 1678691 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; DuPage & Will Counties Community School District No. 204 Indian <br> Prairie DuPage & Will Counties Community School District No <br> 204 Indian Prairie<br>| 5.00 | &nbsp;&nbsp; 1-15-2045 | 5000000 | &nbsp;&nbsp; 5203092 |

---

See accompanying notes to portfolio of investments

20 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **GO revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kane & DuPage Counties Community Unit School District No. <br> 303 St. Charles<br>| 4.00<br> %<br>| &nbsp;&nbsp; 1-1-2043 | $2325000 | &nbsp;&nbsp; $2218457 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kane & DuPage Counties Community Unit School District No. <br> 303 St. Charles<br>| 4.00 | &nbsp;&nbsp; 7-1-2044 | 6050000 | &nbsp;&nbsp; 5726587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kendall Kane & Will Counties Community Unit School District No. <br> 308 CAB (AG Insured)¤<br>| 0.00 | &nbsp;&nbsp; 2-1-2026 | 5050000 | &nbsp;&nbsp; 4996247 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kendall Kane & Will Counties Community Unit School District No. <br> 308 CAB (AG Insured)¤<br>| 0.00 | &nbsp;&nbsp; 2-1-2027 | 12050000 | &nbsp;&nbsp; 11557586 |
| &nbsp;&nbsp;&nbsp; Macon County School District No. 61 Decatur Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2036 | 6000000 | &nbsp;&nbsp; 6005432 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Madison Bond etc. Counties Community Unit School District No. 5 <br> Highland Series B (AG Insured)<br>| 5.50 | &nbsp;&nbsp; 2-1-2040 | 1265000 | &nbsp;&nbsp; 1349299 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Water Reclamation District of Greater Chicago <br> Series C<br>| 5.00 | &nbsp;&nbsp; 12-1-2045 | 10000000 | &nbsp;&nbsp; 10002479 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Water Reclamation District of Greater Chicago <br> Series C<br>| 5.25 | &nbsp;&nbsp; 12-1-2032 | 1565000 | &nbsp;&nbsp; 1821855 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Sangamon Logan & Menard Counties Community Unit School <br> District No. 15 Williamsville Series B (BAM Insured)<br>| 4.00 | &nbsp;&nbsp; 12-1-2044 | 1500000 | &nbsp;&nbsp; 1329779 |
| &nbsp;&nbsp;&nbsp; State of Illinois | 5.00 | &nbsp;&nbsp; 11-1-2027 | 1175000 | &nbsp;&nbsp; 1203500 |
| &nbsp;&nbsp;&nbsp; State of Illinois | 5.50 | &nbsp;&nbsp; 1-1-2030 | 2900000 | &nbsp;&nbsp; 3220020 |
| &nbsp;&nbsp;&nbsp; State of Illinois Series 1 (NPFGC Insured) | 6.00 | &nbsp;&nbsp; 11-1-2026 | 1570000 | &nbsp;&nbsp; 1592948 |
| &nbsp;&nbsp;&nbsp; State of Illinois Series A | 5.00 | &nbsp;&nbsp; 3-1-2046 | 2500000 | &nbsp;&nbsp; 2534203 |
| &nbsp;&nbsp;&nbsp; State of Illinois Series A | 5.50 | &nbsp;&nbsp; 3-1-2042 | 3500000 | &nbsp;&nbsp; 3726197 |
| &nbsp;&nbsp;&nbsp; State of Illinois Series B | 5.00 | &nbsp;&nbsp; 10-1-2028 | 2750000 | &nbsp;&nbsp; 2931280 |
| &nbsp;&nbsp;&nbsp; State of Illinois Series B | 5.50 | &nbsp;&nbsp; 5-1-2047 | 6500000 | &nbsp;&nbsp; 6802926 |
| &nbsp;&nbsp;&nbsp; State of Illinois Series C | 4.00 | &nbsp;&nbsp; 10-1-2038 | 4820000 | &nbsp;&nbsp; 4630413 |
| &nbsp;&nbsp;&nbsp; State of Illinois Series C | 5.00 | &nbsp;&nbsp; 11-1-2029 | 2965000 | &nbsp;&nbsp; 3098399 |
| &nbsp;&nbsp;&nbsp; Village of Bolingbrook Series A | 4.00 | &nbsp;&nbsp; 1-1-2030 | 3420000 | &nbsp;&nbsp; 3437145 |
| &nbsp;&nbsp;&nbsp; Village of New Lenox | 4.00 | &nbsp;&nbsp; 12-15-2041 | 4275000 | &nbsp;&nbsp; 4154422 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Will County Community High School District No. 210 Lincoln-Way <br> CAB (AG Insured)¤<br>| 0.00 | &nbsp;&nbsp; 1-1-2026 | 7000000 | &nbsp;&nbsp; 6939512 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Will County Community High School District No. 210 Lincoln-Way <br> Series B CAB (BAM Insured)¤<br>| 0.00 | &nbsp;&nbsp; 1-1-2032 | 400000 | &nbsp;&nbsp; 322176 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Will County Community High School District No. 210 Lincoln-Way <br> Series B CAB (BAM Insured)¤<br>| 0.00 | &nbsp;&nbsp; 1-1-2033 | 2830000 | &nbsp;&nbsp; 2177654 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Will County Community Unit School District No. 209-U Wilmington <br> Series A (AG Insured)<br>| 5.50 | &nbsp;&nbsp; 2-1-2041 | 3660000 | &nbsp;&nbsp; 3868353 |
|  |  |  |  | &nbsp;&nbsp; **286347663** |
| **Health revenue: 1.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Carle Foundation Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 8-15-2040 | 8600000 | &nbsp;&nbsp; 8208909 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Carle Foundation Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 8-15-2048 | 7450000 | &nbsp;&nbsp; 6613097 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Carle Foundation Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 2-15-2045 | 25000000 | &nbsp;&nbsp; 25032690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Lutheran Life Communities Obligated <br> Group Series A<br>| 5.00 | &nbsp;&nbsp; 11-1-2040 | 4900000 | &nbsp;&nbsp; 3393250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Northwestern Memorial Healthcare <br> Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 7-15-2039 | 2250000 | &nbsp;&nbsp; 2176089 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 21

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Northwestern Memorial Healthcare <br> Obligated Group Series A<br>| 4.00<br> %<br>| &nbsp;&nbsp; 7-15-2047 | $25185000 | &nbsp;&nbsp; $22710483 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority OSF Healthcare System Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 11-15-2045 | 12980000 | &nbsp;&nbsp; 12982219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority University of Chicago Medical Center <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 8-15-2047 | 30000000 | &nbsp;&nbsp; 30585651 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority University of Chicago Medical Center <br> Obligated Group Series Aøø<br>| 5.00 | &nbsp;&nbsp; 8-15-2054 | 5000000 | &nbsp;&nbsp; 5512573 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority University of Illinois | 4.00 | &nbsp;&nbsp; 10-1-2050 | 2000000 | &nbsp;&nbsp; 1709399 |
|  |  |  |  | &nbsp;&nbsp; **118924360** |
| **Housing revenue: 1.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Housing Development Authority Series D (GNMA / FNMA / <br> FHLMC Insured) (Bank of Montreal SPA)ø<br>| 2.90 | &nbsp;&nbsp; 4-1-2045 | 11300000 | &nbsp;&nbsp; 11300000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Housing Development Authority Series E (GNMA / FNMA / <br> FHLMC Insured)<br>| 4.45 | &nbsp;&nbsp; 4-1-2043 | 2790000 | &nbsp;&nbsp; 2811559 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Housing Development Authority Series P (GNMA / FNMA / <br> FHLMC Insured) (TD Bank N.A. SPA)ø<br>| 4.10 | &nbsp;&nbsp; 4-1-2049 | 6265000 | &nbsp;&nbsp; 6265000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Housing Development Authority South Park Preservation LP <br> Series B (FHA Insured) (State Street Bank & Trust Co. SPA)ø<br>| 2.92 | &nbsp;&nbsp; 1-1-2066 | 6625000 | &nbsp;&nbsp; 6625000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series A<br>| 4.00 | &nbsp;&nbsp; 12-15-2042 | 2500000 | &nbsp;&nbsp; 2294388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series A CAB (NPFGC Insured)¤<br>| 0.00 | &nbsp;&nbsp; 12-15-2026 | 12245000 | &nbsp;&nbsp; 11801137 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series A CAB (NPFGC Insured)¤<br>| 0.00 | &nbsp;&nbsp; 6-15-2029 | 12085000 | &nbsp;&nbsp; 10735984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series A CAB (NPFGC Insured)¤<br>| 0.00 | &nbsp;&nbsp; 12-15-2029 | 24950000 | &nbsp;&nbsp; 21807208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series A CAB (NPFGC Insured)¤<br>| 0.00 | &nbsp;&nbsp; 12-15-2030 | 38500000 | &nbsp;&nbsp; 32453556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series A CAB (NPFGC Insured)¤<br>| 0.00 | &nbsp;&nbsp; 6-15-2031 | 10060000 | &nbsp;&nbsp; 8314878 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series A CAB (NPFGC Insured)¤<br>| 0.00 | &nbsp;&nbsp; 12-15-2031 | 9800000 | &nbsp;&nbsp; 7937021 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Pier & Exposition Authority State of Illinois McCormick <br> Place Expansion Project Fund Series B<br>| 5.00 | &nbsp;&nbsp; 6-15-2053 | 3000000 | &nbsp;&nbsp; 3003125 |
| &nbsp;&nbsp;&nbsp; Northern Illinois University (BAM Insured) | 4.00 | &nbsp;&nbsp; 10-1-2037 | 1650000 | &nbsp;&nbsp; 1651390 |
|  |  |  |  | &nbsp;&nbsp; **127000246** |
| **Miscellaneous revenue: 0.38%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Field Museum of Natural History <br> (U.S. SOFR+1.15%)±<br>| 4.06 | &nbsp;&nbsp; 11-1-2034 | 2750000 | &nbsp;&nbsp; 2747388 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority Shedd Aquarium Society | 5.00 | &nbsp;&nbsp; 6-1-2044 | 4000000 | &nbsp;&nbsp; 4166487 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority Shedd Aquarium Society | 5.00 | &nbsp;&nbsp; 6-1-2047 | 5000000 | &nbsp;&nbsp; 5163607 |
| &nbsp;&nbsp;&nbsp; Illinois Sports Facilities Authority CAB (Ambac Insured)¤ | 0.00 | &nbsp;&nbsp; 6-15-2026 | 2030000 | &nbsp;&nbsp; 1981912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois State University Capital Improvement Project COP (AG <br> Insured)<br>| 5.00 | &nbsp;&nbsp; 4-1-2050 | 12240000 | &nbsp;&nbsp; 12430251 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northeastern Illinois University Capital Improvement Project (BAM <br> Insured)<br>| 5.00 | &nbsp;&nbsp; 7-1-2042 | 1200000 | &nbsp;&nbsp; 1222570 |

---

See accompanying notes to portfolio of investments

22 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Miscellaneous revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northeastern Illinois University Capital Improvement Project (BAM <br> Insured)<br>| 5.25<br> %<br>| &nbsp;&nbsp; 7-1-2050 | $1635000 | &nbsp;&nbsp; $1670241 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northeastern Illinois University Capital Improvement Project (BAM <br> Insured)<br>| 5.75 | &nbsp;&nbsp; 7-1-2045 | 1650000 | &nbsp;&nbsp; 1757254 |
|  |  |  |  | &nbsp;&nbsp; **31139710** |
| **Tax revenue: 1.77%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund | 5.00 | &nbsp;&nbsp; 12-1-2046 | 21500000 | &nbsp;&nbsp; 21556102 |
| &nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund Series A | 5.00 | &nbsp;&nbsp; 12-1-2045 | 2440000 | &nbsp;&nbsp; 2484728 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago Transit Authority Sales Tax Receipts Fund Series A (BAM <br> Insured)<br>| 5.00 | &nbsp;&nbsp; 12-1-2046 | 10000000 | &nbsp;&nbsp; 10364168 |
| &nbsp;&nbsp;&nbsp; County of Cook Sales Tax Revenue Series A | 4.00 | &nbsp;&nbsp; 11-15-2041 | 2000000 | &nbsp;&nbsp; 1867941 |
| &nbsp;&nbsp;&nbsp; County of Cook Sales Tax Revenue Series A | 5.25 | &nbsp;&nbsp; 11-15-2045 | 5000000 | &nbsp;&nbsp; 5223540 |
| &nbsp;&nbsp;&nbsp; Illinois Sports Facilities Authority (AG Insured) | 5.00 | &nbsp;&nbsp; 6-15-2026 | 4775000 | &nbsp;&nbsp; 4790204 |
| &nbsp;&nbsp;&nbsp; Illinois Sports Facilities Authority (AG Insured) | 5.00 | &nbsp;&nbsp; 6-15-2027 | 8845000 | &nbsp;&nbsp; 8864613 |
| &nbsp;&nbsp;&nbsp; Illinois Sports Facilities Authority (AG Insured) | 5.00 | &nbsp;&nbsp; 6-15-2028 | 4030000 | &nbsp;&nbsp; 4038411 |
| &nbsp;&nbsp;&nbsp; Illinois Sports Facilities Authority (AG Insured) | 5.25 | &nbsp;&nbsp; 6-15-2032 | 13190000 | &nbsp;&nbsp; 13215393 |
| &nbsp;&nbsp;&nbsp; Regional Transportation Authority Series A (AG Insured) | 5.75 | &nbsp;&nbsp; 6-1-2034 | 15000000 | &nbsp;&nbsp; 17124339 |
| &nbsp;&nbsp;&nbsp; Regional Transportation Authority Series A (NPFGC Insured) | 6.00 | &nbsp;&nbsp; 7-1-2027 | 7275000 | &nbsp;&nbsp; 7561548 |
| &nbsp;&nbsp;&nbsp; Regional Transportation Authority Series A (NPFGC Insured) | 6.00 | &nbsp;&nbsp; 7-1-2033 | 5000000 | &nbsp;&nbsp; 5757631 |
| &nbsp;&nbsp;&nbsp; Regional Transportation Authority Series B (NPFGC Insured) | 5.50 | &nbsp;&nbsp; 6-1-2027 | 8865000 | &nbsp;&nbsp; 9165806 |
| &nbsp;&nbsp;&nbsp; Sales Tax Securitization Corp. Series A | 4.00 | &nbsp;&nbsp; 1-1-2038 | 8950000 | &nbsp;&nbsp; 8872066 |
| &nbsp;&nbsp;&nbsp; Sales Tax Securitization Corp. Series A | 4.00 | &nbsp;&nbsp; 1-1-2048 | 5430000 | &nbsp;&nbsp; 4806031 |
| &nbsp;&nbsp;&nbsp; State of Illinois Sales Tax Revenue Series A (BAM Insured) | 4.00 | &nbsp;&nbsp; 6-15-2034 | 2000000 | &nbsp;&nbsp; 2027508 |
| &nbsp;&nbsp;&nbsp; State of Illinois Sales Tax Revenue Series A (BAM Insured) | 4.13 | &nbsp;&nbsp; 6-15-2037 | 1945000 | &nbsp;&nbsp; 1956861 |
| &nbsp;&nbsp;&nbsp; State of Illinois Sales Tax Revenue Series C | 5.00 | &nbsp;&nbsp; 6-15-2028 | 3500000 | &nbsp;&nbsp; 3701529 |
| &nbsp;&nbsp;&nbsp; State of Illinois Sales Tax Revenue Series D | 4.00 | &nbsp;&nbsp; 6-15-2030 | 12000000 | &nbsp;&nbsp; 12065692 |
|  |  |  |  | &nbsp;&nbsp; **145444111** |
| **Transportation revenue: 0.63%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority Centerpoint Joliet Terminal Railroad LLC <br> AMT144Aøø<br>| 4.13 | &nbsp;&nbsp; 12-1-2043 | 20000000 | &nbsp;&nbsp; 19825500 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority Series A | 4.00 | &nbsp;&nbsp; 1-1-2042 | 1250000 | &nbsp;&nbsp; 1208255 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority Series A | 4.00 | &nbsp;&nbsp; 1-1-2046 | 265000 | &nbsp;&nbsp; 243248 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority Series A | 5.00 | &nbsp;&nbsp; 1-1-2038 | 5000000 | &nbsp;&nbsp; 5528572 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority Series A | 5.00 | &nbsp;&nbsp; 1-1-2040 | 6000000 | &nbsp;&nbsp; 6003052 |
| &nbsp;&nbsp;&nbsp; Illinois State Toll Highway Authority Series A | 5.00 | &nbsp;&nbsp; 1-1-2046 | 15245000 | &nbsp;&nbsp; 15616780 |
| &nbsp;&nbsp;&nbsp; Public Building Commission of Chicago (Ambac Insured) | 5.25 | &nbsp;&nbsp; 3-1-2027 | 3400000 | &nbsp;&nbsp; 3509319 |
|  |  |  |  | &nbsp;&nbsp; **51934726** |
| **Utilities revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Northern Illinois Municipal Power Agency Series A | 4.00 | &nbsp;&nbsp; 12-1-2033 | 3430000 | &nbsp;&nbsp; **3448215** |
| **Water & sewer revenue: 0.36%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago Wastewater Transmission Revenue Series A (AG <br> Insured)<br>| 5.25 | &nbsp;&nbsp; 1-1-2058 | 5000000 | &nbsp;&nbsp; 5177028 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Chicago Wastewater Transmission Revenue Series A (BAM <br> Insured)<br>| 5.00 | &nbsp;&nbsp; 1-1-2043 | 2000000 | &nbsp;&nbsp; 2087984 |
| &nbsp;&nbsp;&nbsp; City of Chicago Waterworks Revenue (AG Insured) | 5.25 | &nbsp;&nbsp; 11-1-2032 | 3250000 | &nbsp;&nbsp; 3384220 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 23

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Water & sewer revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Chicago Waterworks Revenue Series A (AG Insured) | 5.25<br> %<br>| &nbsp;&nbsp; 11-1-2048 | $5000000 | &nbsp;&nbsp; $5205110 |
| &nbsp;&nbsp;&nbsp; City of Chicago Waterworks Revenue Series A (AG Insured) | 5.50 | &nbsp;&nbsp; 11-1-2062 | 4780000 | &nbsp;&nbsp; 5034309 |
| &nbsp;&nbsp;&nbsp; City of Chicago Waterworks Revenue Series B (AG Insured) | 4.00 | &nbsp;&nbsp; 11-1-2040 | 4000000 | &nbsp;&nbsp; 3930390 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Illinois Finance Authority State of Illinois Water Revolving Fund - <br> Clean Water Program<br>| 4.00 | &nbsp;&nbsp; 7-1-2038 | 5000000 | &nbsp;&nbsp; 4998078 |
|  |  |  |  | &nbsp;&nbsp; **29817119** |
|  |  |  |  | &nbsp;&nbsp; **858641487** |
| **Indiana: 1.66%** |  |  |  |  |
| **Education revenue: 0.21%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority DePauw University Series A | 5.00 | &nbsp;&nbsp; 7-1-2047 | 17000000 | &nbsp;&nbsp; 16632169 |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority KIPP Indianapolis, Inc. Series A | 5.00 | &nbsp;&nbsp; 7-1-2040 | 350000 | &nbsp;&nbsp; 336479 |
|  |  |  |  | &nbsp;&nbsp; **16968648** |
| **Health revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indiana Finance Authority Franciscan Alliance, Inc. Obligated Group <br> Series C<br>| 4.00 | &nbsp;&nbsp; 11-1-2033 | 12885000 | &nbsp;&nbsp; 13035985 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indiana Finance Authority Franciscan Alliance, Inc. Obligated Group <br> Series C<br>| 4.00 | &nbsp;&nbsp; 11-1-2036 | 5000000 | &nbsp;&nbsp; 5020435 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indiana Finance Authority Marion General Hospital, Inc. Obligated <br> Group Series A<br>| 4.00 | &nbsp;&nbsp; 7-1-2045 | 2560000 | &nbsp;&nbsp; 2330106 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indiana Health Facility Financing Authority Ascension Health Credit <br> Group Series 2001A-1<br>| 5.00 | &nbsp;&nbsp; 11-15-2034 | 2750000 | &nbsp;&nbsp; 2754539 |
|  |  |  |  | &nbsp;&nbsp; **23141065** |
| **Housing revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Greater Clark Building Corp. Greater Clark County Schools | 6.00 | &nbsp;&nbsp; 7-15-2038 | 5000000 | &nbsp;&nbsp; 5712759 |
| &nbsp;&nbsp;&nbsp; Hobart Building Corp. School City | 4.00 | &nbsp;&nbsp; 7-15-2035 | 2295000 | &nbsp;&nbsp; 2322050 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indiana Housing & Community Development Authority TWG <br> Cowan LPøø<br>| 3.35 | &nbsp;&nbsp; 1-1-2043 | 3100000 | &nbsp;&nbsp; 3122956 |
| &nbsp;&nbsp;&nbsp; IPS Multi-School Building Corp. Board of School Commissioners | 5.00 | &nbsp;&nbsp; 7-15-2044 | 2000000 | &nbsp;&nbsp; 2074104 |
| &nbsp;&nbsp;&nbsp; Northwestern School Building Corp. | 4.00 | &nbsp;&nbsp; 1-15-2043 | 3005000 | &nbsp;&nbsp; 2860523 |
| &nbsp;&nbsp;&nbsp; Northwestern School Building Corp. | 6.00 | &nbsp;&nbsp; 7-15-2039 | 850000 | &nbsp;&nbsp; 949338 |
| &nbsp;&nbsp;&nbsp; Tippecanoe County School Building Corp. Series B | 6.00 | &nbsp;&nbsp; 7-15-2036 | 1000000 | &nbsp;&nbsp; 1186181 |
| &nbsp;&nbsp;&nbsp; Tippecanoe County School Building Corp. Series B | 6.00 | &nbsp;&nbsp; 7-15-2038 | 1000000 | &nbsp;&nbsp; 1168916 |
| &nbsp;&nbsp;&nbsp; Tippecanoe County School Building Corp. Series B | 6.00 | &nbsp;&nbsp; 7-15-2041 | 1750000 | &nbsp;&nbsp; 1998019 |
| &nbsp;&nbsp;&nbsp; Tippecanoe County School Building Corp. Series B | 6.00 | &nbsp;&nbsp; 1-15-2043 | 1000000 | &nbsp;&nbsp; 1126409 |
|  |  |  |  | &nbsp;&nbsp; **22521255** |
| **Industrial development revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Valparaiso Pratt Paper LLC AMT144A | 4.88 | &nbsp;&nbsp; 1-1-2044 | 6000000 | &nbsp;&nbsp; **5960827** |
| **Miscellaneous revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Carmel Local Public Improvement Bond Bank Series 2016 | 5.00 | &nbsp;&nbsp; 7-15-2031 | 6000000 | &nbsp;&nbsp; 6088076 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank Series A (AG <br> Insured)<br>| 4.00 | &nbsp;&nbsp; 6-1-2039 | 10535000 | &nbsp;&nbsp; 10423020 |

---

See accompanying notes to portfolio of investments

24 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Miscellaneous revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank Series A (AG <br> Insured)<br>| 4.00<br> %<br>| &nbsp;&nbsp; 6-1-2041 | $3000000 | &nbsp;&nbsp; $2911451 |
| &nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank Series B | 5.25 | &nbsp;&nbsp; 2-1-2048 | 3000000 | &nbsp;&nbsp; 3172067 |
|  |  |  |  | &nbsp;&nbsp; **22594614** |
| **Resource recovery revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority Republic Services, Inc. AMTø | 3.80 | &nbsp;&nbsp; 5-1-2028 | 11000000 | &nbsp;&nbsp; **10995069** |
| **Tax revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Indianapolis Local Public Improvement Bond Bank Courthouse & <br> Jail Project Series A<br>| 5.00 | &nbsp;&nbsp; 2-1-2049 | 4000000 | &nbsp;&nbsp; **4048125** |
| **Utilities revenue: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority Ohio Valley Electric Corp. Series A | 3.00 | &nbsp;&nbsp; 11-1-2030 | 4650000 | &nbsp;&nbsp; 4548238 |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority Ohio Valley Electric Corp. Series A | 4.25 | &nbsp;&nbsp; 11-1-2030 | 3000000 | &nbsp;&nbsp; 3072533 |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority Ohio Valley Electric Corp. Series C | 3.00 | &nbsp;&nbsp; 11-1-2030 | 4000000 | &nbsp;&nbsp; 3912463 |
| &nbsp;&nbsp;&nbsp; Indiana Municipal Power Agency Series A | 5.00 | &nbsp;&nbsp; 1-1-2042 | 10000000 | &nbsp;&nbsp; 10066208 |
|  |  |  |  | &nbsp;&nbsp; **21599442** |
| **Water & sewer revenue: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Fishers Sewage Works Revenue (BAM Insured) | 4.00 | &nbsp;&nbsp; 7-1-2043 | 3450000 | &nbsp;&nbsp; 3258634 |
| &nbsp;&nbsp;&nbsp; City of Fishers Sewage Works Revenue (BAM Insured) | 4.00 | &nbsp;&nbsp; 7-1-2045 | 3160000 | &nbsp;&nbsp; 2975382 |
| &nbsp;&nbsp;&nbsp; Evansville Waterworks District Series A (BAM Insured) | 5.00 | &nbsp;&nbsp; 7-1-2047 | 2250000 | &nbsp;&nbsp; 2305621 |
|  |  |  |  | &nbsp;&nbsp; **8539637** |
|  |  |  |  | &nbsp;&nbsp; **136368682** |
| **Iowa: 0.06%** |  |  |  |  |
| **GO revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Cedar Rapids Series A | 4.00 | &nbsp;&nbsp; 6-1-2048 | 3630000 | &nbsp;&nbsp; **3440373** |
| **Housing revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Altoona Series C | 5.00 | &nbsp;&nbsp; 6-1-2031 | 1805000 | &nbsp;&nbsp; **1828266** |
|  |  |  |  | &nbsp;&nbsp; **5268639** |
| **Kansas: 0.25%** |  |  |  |  |
| **GO revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Johnson County Unified School District No. 512 Shawnee Mission <br> Series A<br>| 4.00 | &nbsp;&nbsp; 10-1-2043 | 3000000 | &nbsp;&nbsp; 2921161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wyandotte County Unified School District No. 203 Piper Series A <br> (AG Insured)<br>| 5.25 | &nbsp;&nbsp; 9-1-2052 | 2500000 | &nbsp;&nbsp; 2605089 |
|  |  |  |  | &nbsp;&nbsp; **5526250** |
| **Tax revenue: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wyandotte County-Kansas City Unified Government Sales Tax <br> Revenue CAB144A¤<br>| 0.00 | &nbsp;&nbsp; 9-1-2034 | 27180000 | &nbsp;&nbsp; **15041711** |
|  |  |  |  | &nbsp;&nbsp; **20567961** |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 25

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Kentucky: 0.91%** |  |  |  |  |
| **Education revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Boyle Centre College of Kentucky Series A | 5.25<br> %<br>| &nbsp;&nbsp; 6-1-2049 | $2550000 | &nbsp;&nbsp; $2609482 |
| &nbsp;&nbsp;&nbsp; Kentucky Bond Development Corp. Centre College | 4.00 | &nbsp;&nbsp; 6-1-2046 | 800000 | &nbsp;&nbsp; 670965 |
| &nbsp;&nbsp;&nbsp; Kentucky Bond Development Corp. Centre College | 4.00 | &nbsp;&nbsp; 6-1-2051 | 1250000 | &nbsp;&nbsp; 1023376 |
|  |  |  |  | &nbsp;&nbsp; **4303823** |
| **Health revenue: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Warren Bowling Green Community Hospital Corp. | 5.25 | &nbsp;&nbsp; 4-1-2054 | 3000000 | &nbsp;&nbsp; 3085870 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky EDFA Baptist Healthcare System Obligated Group <br> Series B<br>| 5.00 | &nbsp;&nbsp; 8-15-2041 | 5000000 | &nbsp;&nbsp; 5072767 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky EDFA Baptist Healthcare System Obligated Group <br> Series B<br>| 5.00 | &nbsp;&nbsp; 8-15-2046 | 2070000 | &nbsp;&nbsp; 2085092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky EDFA Norton Healthcare Obligated Group Series B CAB <br> (NPFGC Insured)¤<br>| 0.00 | &nbsp;&nbsp; 10-1-2028 | 5140000 | &nbsp;&nbsp; 4583858 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Louisville/Jefferson County Metropolitan Government Norton <br> Healthcare Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 10-1-2040 | 3300000 | &nbsp;&nbsp; 3497104 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Louisville/Jefferson County Metropolitan Government Norton <br> Healthcare Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 10-1-2041 | 3000000 | &nbsp;&nbsp; 3149367 |
|  |  |  |  | &nbsp;&nbsp; **21474058** |
| **Housing revenue: 0.17%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Fayette County School District Finance Corp. Series A | 4.00 | &nbsp;&nbsp; 5-1-2038 | 5600000 | &nbsp;&nbsp; 5542189 |
| &nbsp;&nbsp;&nbsp; Kentucky Bond Corp. Series D | 4.50 | &nbsp;&nbsp; 2-1-2052 | 2355000 | &nbsp;&nbsp; 2286085 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky State Property & Building Commission Project No. 124 <br> Series A (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 11-1-2039 | 6000000 | &nbsp;&nbsp; 6310286 |
|  |  |  |  | &nbsp;&nbsp; **14138560** |
| **Industrial development revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Trimble Kentucky Utilities Co. AMTøø | 4.70 | &nbsp;&nbsp; 6-1-2054 | 4000000 | &nbsp;&nbsp; **4042919** |
| **Miscellaneous revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Kentucky State University COP (BAM Insured) | 4.00 | &nbsp;&nbsp; 11-1-2046 | 640000 | &nbsp;&nbsp; 607416 |
| &nbsp;&nbsp;&nbsp; Kentucky State University COP (BAM Insured) | 4.00 | &nbsp;&nbsp; 11-1-2051 | 1000000 | &nbsp;&nbsp; 909087 |
| &nbsp;&nbsp;&nbsp; Kentucky State University COP (BAM Insured) | 4.00 | &nbsp;&nbsp; 11-1-2056 | 1000000 | &nbsp;&nbsp; 894459 |
|  |  |  |  | &nbsp;&nbsp; **2410962** |
| **Transportation revenue: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority Series B <br> CAB¤<br>| 0.00 | &nbsp;&nbsp; 7-1-2030 | 2000000 | &nbsp;&nbsp; 1605769 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority Series B <br> CAB¤<br>| 0.00 | &nbsp;&nbsp; 7-1-2031 | 2780000 | &nbsp;&nbsp; 2078474 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority Series B <br> CAB¤<br>| 0.00 | &nbsp;&nbsp; 7-1-2032 | 2500000 | &nbsp;&nbsp; 1744369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority Series C <br> CCAB<br>| 6.40 | &nbsp;&nbsp; 7-1-2033 | 1000000 | &nbsp;&nbsp; 1168873 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky Public Transportation Infrastructure Authority Series C <br> CCAB<br>| 6.45 | &nbsp;&nbsp; 7-1-2034 | 2505000 | &nbsp;&nbsp; 2917131 |
|  |  |  |  | &nbsp;&nbsp; **9514616** |

---

See accompanying notes to portfolio of investments

26 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Utilities revenue: 0.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Kentucky Public Energy Authority Series A-1øø | 5.25<br> %<br>| &nbsp;&nbsp; 4-1-2054 | $17250000 | &nbsp;&nbsp; $**18902621** |
|  |  |  |  | &nbsp;&nbsp; **74787559** |
| **Louisiana: 1.47%** |  |  |  |  |
| **Airport revenue: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Orleans Aviation Board Louis Armstrong International <br> Airport CFC Revenue (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 1-1-2036 | 1750000 | &nbsp;&nbsp; 1800841 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Orleans Aviation Board Louis Armstrong International <br> Airport CFC Revenue (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 1-1-2037 | 1750000 | &nbsp;&nbsp; 1795766 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Orleans Aviation Board Louis Armstrong International <br> Airport CFC Revenue (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 1-1-2038 | 1500000 | &nbsp;&nbsp; 1534862 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Orleans Aviation Board Louis Armstrong International Airport <br> Series B AMT<br>| 5.00 | &nbsp;&nbsp; 1-1-2048 | 1145000 | &nbsp;&nbsp; 1137723 |
| &nbsp;&nbsp;&nbsp; Port New Orleans Board of Commissioners Series E AMT | 5.00 | &nbsp;&nbsp; 4-1-2040 | 2000000 | &nbsp;&nbsp; 2043535 |
|  |  |  |  | &nbsp;&nbsp; **8312727** |
| **GO revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of New Orleans Series A | 5.00 | &nbsp;&nbsp; 12-1-2046 | 2000000 | &nbsp;&nbsp; **2043598** |
| **Industrial development revenue: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Louisiana Offshore Terminal Authority Loop LLC Series 2013Cøø | 4.20 | &nbsp;&nbsp; 9-1-2034 | 5200000 | &nbsp;&nbsp; 5277405 |
| &nbsp;&nbsp;&nbsp; Louisiana Offshore Terminal Authority Loop LLC Series Aøø | 4.20 | &nbsp;&nbsp; 9-1-2033 | 15000000 | &nbsp;&nbsp; 15227514 |
| &nbsp;&nbsp;&nbsp; Parish of St. James NuStar Logistics LP144Aøø%% | 3.70 | &nbsp;&nbsp; 8-1-2041 | 4000000 | &nbsp;&nbsp; 4010085 |
| &nbsp;&nbsp;&nbsp; Parish of St. John the Baptist Marathon Oil Corp. Series Cøø | 3.30 | &nbsp;&nbsp; 6-1-2037 | 3000000 | &nbsp;&nbsp; 3038116 |
|  |  |  |  | &nbsp;&nbsp; **27553120** |
| **Miscellaneous revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Louisiana Local Government Environmental Facilities & CDA Parish <br> of Jefferson144A<br>| 4.00 | &nbsp;&nbsp; 11-1-2044 | 1555000 | &nbsp;&nbsp; **1367006** |
| **Tax revenue: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ernest N Morial New Orleans Exhibition Hall Authority | 5.25 | &nbsp;&nbsp; 7-15-2048 | 10000000 | &nbsp;&nbsp; 10304366 |
| &nbsp;&nbsp;&nbsp; Ernest N Morial New Orleans Exhibition Hall Authority | 5.50 | &nbsp;&nbsp; 7-15-2053 | 5000000 | &nbsp;&nbsp; 5216807 |
| &nbsp;&nbsp;&nbsp; Louisiana Stadium & Exposition District Series A | 5.25 | &nbsp;&nbsp; 7-1-2053 | 20000000 | &nbsp;&nbsp; 20769756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Louisiana Gasoline & Fuels Tax Revenue Series A-1 <br> (Toronto-Dominion Bank LOC)ø<br>| 3.90 | &nbsp;&nbsp; 5-1-2043 | 5415000 | &nbsp;&nbsp; 5415000 |
|  |  |  |  | &nbsp;&nbsp; **41705929** |
| **Transportation revenue: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Louisiana PFA Calcasieu Bridge Partners LLC AMT | 5.50 | &nbsp;&nbsp; 9-1-2054 | 11020000 | &nbsp;&nbsp; 11163922 |
| &nbsp;&nbsp;&nbsp; Louisiana PFA Calcasieu Bridge Partners LLC AMT | 5.50 | &nbsp;&nbsp; 9-1-2059 | 10000000 | &nbsp;&nbsp; 10088033 |
|  |  |  |  | &nbsp;&nbsp; **21251955** |
| **Utilities revenue: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Lafayette Utilities Revenue Electric Projects (AG Insured) | 5.00 | &nbsp;&nbsp; 11-1-2049 | 6000000 | &nbsp;&nbsp; **6207583** |
| **Water & sewer revenue: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of New Orleans Sewerage Service Revenue Series B | 4.00 | &nbsp;&nbsp; 6-1-2050 | 1200000 | &nbsp;&nbsp; 1055695 |
| &nbsp;&nbsp;&nbsp; City of New Orleans Sewerage Service Revenue Series B | 5.00 | &nbsp;&nbsp; 6-1-2045 | 1500000 | &nbsp;&nbsp; 1535933 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 27

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Water & sewer revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of New Orleans Sewerage Service Revenue Series B (AG <br> Insured)<br>| 4.00<br> %<br>| &nbsp;&nbsp; 6-1-2038 | $350000 | &nbsp;&nbsp; $351984 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of New Orleans Sewerage Service Revenue Series B (AG <br> Insured)<br>| 4.00 | &nbsp;&nbsp; 6-1-2039 | 400000 | &nbsp;&nbsp; 400570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of New Orleans Sewerage Service Revenue Series B (AG <br> Insured)<br>| 4.00 | &nbsp;&nbsp; 6-1-2040 | 350000 | &nbsp;&nbsp; 348849 |
| &nbsp;&nbsp;&nbsp; City of Shreveport Water & Sewer Revenue Series B (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2036 | 730000 | &nbsp;&nbsp; 731830 |
| &nbsp;&nbsp;&nbsp; City of Shreveport Water & Sewer Revenue Series B (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2044 | 1000000 | &nbsp;&nbsp; 914680 |
| &nbsp;&nbsp;&nbsp; East Baton Rouge Sewerage Commission Series Aøø | 1.30 | &nbsp;&nbsp; 2-1-2041 | 6075000 | &nbsp;&nbsp; 5705373 |
| &nbsp;&nbsp;&nbsp; Greater Ouachita Water Co. (BAM Insured) | 4.50 | &nbsp;&nbsp; 9-1-2053 | 1150000 | &nbsp;&nbsp; 1082996 |
|  |  |  |  | &nbsp;&nbsp; **12127910** |
|  |  |  |  | &nbsp;&nbsp; **120569828** |
| **Maine: 0.16%** |  |  |  |  |
| **Health revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities Authority Obligated <br> Group Series A<br>| 4.00 | &nbsp;&nbsp; 7-1-2040 | 1700000 | &nbsp;&nbsp; 1658716 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities Authority Obligated <br> Group Series A<br>| 4.00 | &nbsp;&nbsp; 7-1-2045 | 4500000 | &nbsp;&nbsp; 4101302 |
| &nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities Authority Series A | 5.00 | &nbsp;&nbsp; 7-1-2028 | 1445000 | &nbsp;&nbsp; 1499870 |
| &nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities Authority Series A | 5.00 | &nbsp;&nbsp; 7-1-2029 | 1535000 | &nbsp;&nbsp; 1666853 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities Authority Series A (AG <br> Insured)<br>| 4.00 | &nbsp;&nbsp; 7-1-2046 | 500000 | &nbsp;&nbsp; 472823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maine Health & Higher Educational Facilities Authority Series A (AG <br> Insured)<br>| 4.00 | &nbsp;&nbsp; 7-1-2050 | 1000000 | &nbsp;&nbsp; 930397 |
|  |  |  |  | &nbsp;&nbsp; **10329961** |
| **Resource recovery revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Finance Authority of Maine Casella Waste Systems, Inc. Series R <br> AMT144A<br>| 5.00 | &nbsp;&nbsp; 8-1-2035 | 2500000 | &nbsp;&nbsp; **2540452** |
|  |  |  |  | &nbsp;&nbsp; **12870413** |
| **Maryland: 0.28%** |  |  |  |  |
| **Education revenue: 0.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland Economic Development Corp. University Park Phase I & II <br> at Salisbury University<br>| 5.00 | &nbsp;&nbsp; 6-1-2027 | 100000 | &nbsp;&nbsp; 100074 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland Economic Development Corp. University Park Phase I & II <br> at Salisbury University<br>| 5.00 | &nbsp;&nbsp; 6-1-2030 | 200000 | &nbsp;&nbsp; 200122 |
|  |  |  |  | &nbsp;&nbsp; **300196** |
| **Health revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Montgomery Trinity Health Corp. Obligated Group | 4.00 | &nbsp;&nbsp; 12-1-2044 | 5000000 | &nbsp;&nbsp; 4616442 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities Authority Frederick <br> Health, Inc. Obligated Group<br>| 4.00 | &nbsp;&nbsp; 7-1-2045 | 745000 | &nbsp;&nbsp; 664866 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland Health & Higher Educational Facilities Authority Frederick <br> Health, Inc. Obligated Group<br>| 4.00 | &nbsp;&nbsp; 7-1-2050 | 850000 | &nbsp;&nbsp; 728144 |
|  |  |  |  | &nbsp;&nbsp; **6009452** |

---

See accompanying notes to portfolio of investments

28 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland Community Development Administration 4710 Park <br> Heights Senior LP Series C<br>| 5.25<br> %<br>| &nbsp;&nbsp; 11-1-2025 | $8000000 | &nbsp;&nbsp; $8006762 |
| &nbsp;&nbsp;&nbsp; Maryland Stadium Authority Series A | 5.00 | &nbsp;&nbsp; 9-1-2037 | 3000000 | &nbsp;&nbsp; 3301250 |
|  |  |  |  | &nbsp;&nbsp; **11308012** |
| **Tax revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland Economic Development Corp. City of Baltimore Port <br> Covington Development District<br>| 4.00 | &nbsp;&nbsp; 9-1-2050 | 2500000 | &nbsp;&nbsp; **2073176** |
| **Transportation revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Maryland State Transportation Authority Facilities Projects | 4.00 | &nbsp;&nbsp; 7-1-2050 | 2190000 | &nbsp;&nbsp; **2011063** |
| **Water & sewer revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Baltimore Water Utility Fund Series A | 4.00 | &nbsp;&nbsp; 7-1-2039 | 500000 | &nbsp;&nbsp; 498777 |
| &nbsp;&nbsp;&nbsp; City of Baltimore Water Utility Fund Series A | 4.00 | &nbsp;&nbsp; 7-1-2040 | 500000 | &nbsp;&nbsp; 494332 |
|  |  |  |  | &nbsp;&nbsp; **993109** |
|  |  |  |  | &nbsp;&nbsp; **22695008** |
| **Massachusetts: 3.20%** |  |  |  |  |
| **Airport revenue: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2039 | 4005000 | &nbsp;&nbsp; 4232166 |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2042 | 2000000 | &nbsp;&nbsp; 2068140 |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority Series E AMT | 5.00 | &nbsp;&nbsp; 7-1-2046 | 1975000 | &nbsp;&nbsp; 2000547 |
| &nbsp;&nbsp;&nbsp; Massachusetts Port Authority Series E AMT | 5.00 | &nbsp;&nbsp; 7-1-2051 | 7000000 | &nbsp;&nbsp; 7057923 |
|  |  |  |  | &nbsp;&nbsp; **15358776** |
| **Education revenue: 0.30%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Collegiate Charter School of Lowell | 5.00 | &nbsp;&nbsp; 6-15-2039 | 1000000 | &nbsp;&nbsp; 1000365 |
| &nbsp;&nbsp;&nbsp; Collegiate Charter School of Lowell | 5.00 | &nbsp;&nbsp; 6-15-2049 | 1750000 | &nbsp;&nbsp; 1649107 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Lasell University | 4.00 | &nbsp;&nbsp; 7-1-2045 | 2400000 | &nbsp;&nbsp; 1917684 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Northeastern <br> University<br>| 5.00 | &nbsp;&nbsp; 10-1-2044 | 7000000 | &nbsp;&nbsp; 7288861 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Suffolk University | 4.00 | &nbsp;&nbsp; 7-1-2051 | 1000000 | &nbsp;&nbsp; 798431 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Suffolk University | 6.00 | &nbsp;&nbsp; 7-1-2050 | 2750000 | &nbsp;&nbsp; 2934251 |
| &nbsp;&nbsp;&nbsp; Massachusetts Educational Financing Authority Series B AMT | 4.25 | &nbsp;&nbsp; 7-1-2032 | 1800000 | &nbsp;&nbsp; 1829411 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XM0232 <br> (Bank of America N.A. LIQ)144Aø<br>| 2.96 | &nbsp;&nbsp; 7-1-2032 | 6010000 | &nbsp;&nbsp; 6010000 |
| &nbsp;&nbsp;&nbsp; University of Massachusetts Building Authority Series 1 | 5.00 | &nbsp;&nbsp; 11-1-2036 | 1590000 | &nbsp;&nbsp; 1591843 |
|  |  |  |  | &nbsp;&nbsp; **25019953** |
| **GO revenue: 1.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Revere | 4.00 | &nbsp;&nbsp; 8-1-2047 | 4000000 | &nbsp;&nbsp; 3748361 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts | 4.00 | &nbsp;&nbsp; 5-1-2045 | 20000000 | &nbsp;&nbsp; 18693866 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Series A | 5.00 | &nbsp;&nbsp; 5-1-2053 | 13000000 | &nbsp;&nbsp; 13469544 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Series A | 5.00 | &nbsp;&nbsp; 1-1-2054 | 13500000 | &nbsp;&nbsp; 14013261 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Series D | 5.00 | &nbsp;&nbsp; 10-1-2053 | 13540000 | &nbsp;&nbsp; 14052033 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Series E | 5.00 | &nbsp;&nbsp; 11-1-2050 | 15540000 | &nbsp;&nbsp; 15973996 |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Series E | 5.25 | &nbsp;&nbsp; 9-1-2048 | 1765000 | &nbsp;&nbsp; 1811154 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 29

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **GO revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Series F | 5.00<br> %<br>| &nbsp;&nbsp; 11-1-2041 | $5000000 | &nbsp;&nbsp; $5109606 |
| &nbsp;&nbsp;&nbsp; Town of Tyngsborough | 4.00 | &nbsp;&nbsp; 10-15-2048 | 4275000 | &nbsp;&nbsp; 4016910 |
|  |  |  |  | &nbsp;&nbsp; **90888731** |
| **Health revenue: 0.82%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Beth Israel Lahey <br> Health Obligated Group Series F<br>| 5.00 | &nbsp;&nbsp; 8-15-2045 | 4950000 | &nbsp;&nbsp; 4950717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Beth Israel Lahey <br> Health Obligated Group Series N (AG Insured)<br>| 5.50 | &nbsp;&nbsp; 7-1-2050 | 10000000 | &nbsp;&nbsp; 10705080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Boston Medical <br> Center Corp. Obligated Group Series D<br>| 5.00 | &nbsp;&nbsp; 7-1-2044 | 6000000 | &nbsp;&nbsp; 5816835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Boston Medical <br> Center Corp. Obligated Group Series E<br>| 5.00 | &nbsp;&nbsp; 7-1-2035 | 5115000 | &nbsp;&nbsp; 5154930 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Boston Medical <br> Center Corp. Obligated Group Series E<br>| 5.00 | &nbsp;&nbsp; 7-1-2036 | 2750000 | &nbsp;&nbsp; 2768724 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Boston Medical <br> Center Corp. Obligated Group Series G<br>| 5.25 | &nbsp;&nbsp; 7-1-2048 | 7805000 | &nbsp;&nbsp; 7781395 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Dana-Farber Cancer <br> Institute Obligated Group Series N<br>| 5.00 | &nbsp;&nbsp; 12-1-2046 | 3000000 | &nbsp;&nbsp; 3009821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Mass General <br> Brigham, Inc. Series A-2<br>| 4.00 | &nbsp;&nbsp; 7-1-2040 | 1000000 | &nbsp;&nbsp; 975072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Mass General <br> Brigham, Inc. Series A-2<br>| 4.00 | &nbsp;&nbsp; 7-1-2041 | 1200000 | &nbsp;&nbsp; 1148872 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Mass General <br> Brigham, Inc. Series D<br>| 5.00 | &nbsp;&nbsp; 7-1-2054 | 15000000 | &nbsp;&nbsp; 15495052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Mass General <br> Brigham, Inc. Series Q<br>| 5.00 | &nbsp;&nbsp; 7-1-2047 | 6085000 | &nbsp;&nbsp; 6100822 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency Tufts Medicine <br> Obligated Group Series C (AG Insured)<br>| 4.00 | &nbsp;&nbsp; 10-1-2045 | 3835000 | &nbsp;&nbsp; 3447325 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts HEFA Mass General Brigham, Inc. (TD Bank N.A. <br> LOC)ø<br>| 2.90 | &nbsp;&nbsp; 7-1-2040 | 445000 | &nbsp;&nbsp; 445000 |
|  |  |  |  | &nbsp;&nbsp; **67799645** |
| **Miscellaneous revenue: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Bay Transportation Authority Assessment Revenue <br> Series A-2<br>| 5.00 | &nbsp;&nbsp; 7-1-2052 | 9450000 | &nbsp;&nbsp; **9747588** |
| **Tax revenue: 0.66%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund Revenue <br> Series A<br>| 5.00 | &nbsp;&nbsp; 6-1-2047 | 6485000 | &nbsp;&nbsp; 6550622 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund Revenue <br> Series A<br>| 5.00 | &nbsp;&nbsp; 6-1-2048 | 11510000 | &nbsp;&nbsp; 11673690 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund Revenue <br> Series A<br>| 5.00 | &nbsp;&nbsp; 6-1-2049 | 16500000 | &nbsp;&nbsp; 16824939 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commonwealth of Massachusetts Transportation Fund Revenue <br> Series B<br>| 5.00 | &nbsp;&nbsp; 6-1-2051 | 10000000 | &nbsp;&nbsp; 10378396 |

---

See accompanying notes to portfolio of investments

30 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Tax revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Bay Transportation Authority Sales Tax Revenue <br> Series A-1<br>| 4.00<br> %<br>| &nbsp;&nbsp; 7-1-2040 | $6920000 | &nbsp;&nbsp; $6873345 |
| &nbsp;&nbsp;&nbsp; Massachusetts School Building Authority Series D | 5.00 | &nbsp;&nbsp; 8-15-2037 | 2000000 | &nbsp;&nbsp; 2002326 |
|  |  |  |  | &nbsp;&nbsp; **54303318** |
|  |  |  |  | &nbsp;&nbsp; **263118011** |
| **Michigan: 1.86%** |  |  |  |  |
| **Airport revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Wayne County Airport Authority Detroit Metropolitan Series B AMT | 5.00 | &nbsp;&nbsp; 12-1-2041 | 1145000 | &nbsp;&nbsp; 1178900 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wayne County Airport Authority Detroit Metropolitan Series B (BAM <br> Insured)<br>| 5.00 | &nbsp;&nbsp; 12-1-2046 | 1400000 | &nbsp;&nbsp; 1414710 |
| &nbsp;&nbsp;&nbsp; Wayne County Airport Authority Detroit Metropolitan Series F AMT | 5.00 | &nbsp;&nbsp; 12-1-2029 | 6000000 | &nbsp;&nbsp; 6018986 |
|  |  |  |  | &nbsp;&nbsp; **8612596** |
| **Education revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority Bradford Academy | 4.30 | &nbsp;&nbsp; 9-1-2030 | 705000 | &nbsp;&nbsp; 671117 |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority Bradford Academy | 4.80 | &nbsp;&nbsp; 9-1-2040 | 1205000 | &nbsp;&nbsp; 1007838 |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority Bradford Academy | 5.00 | &nbsp;&nbsp; 9-1-2050 | 4530000 | &nbsp;&nbsp; 3503518 |
| &nbsp;&nbsp;&nbsp; Michigan Public Educational Facilities Authority Crescent Academy | 7.00 | &nbsp;&nbsp; 10-1-2036 | 910000 | &nbsp;&nbsp; 910509 |
|  |  |  |  | &nbsp;&nbsp; **6092982** |
| **GO revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Okemos Public Schools Series II (QSBLF Insured) | 5.00 | &nbsp;&nbsp; 5-1-2049 | 2250000 | &nbsp;&nbsp; 2348087 |
| &nbsp;&nbsp;&nbsp; Okemos Public Schools Series II (QSBLF Insured) | 5.00 | &nbsp;&nbsp; 5-1-2054 | 3000000 | &nbsp;&nbsp; 3099627 |
|  |  |  |  | &nbsp;&nbsp; **5447714** |
| **Health revenue: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentwood Economic Development Corp. Holland Home Obligated <br> Group Series 2021<br>| 4.00 | &nbsp;&nbsp; 11-15-2045 | 750000 | &nbsp;&nbsp; 606493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentwood Economic Development Corp. Holland Home Obligated <br> Group Series 2022<br>| 4.00 | &nbsp;&nbsp; 11-15-2031 | 920000 | &nbsp;&nbsp; 912658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michigan Finance Authority Corewell Health Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 11-1-2044 | 4000000 | &nbsp;&nbsp; 4001189 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michigan Finance Authority McLaren Health Care Corp. Obligated <br> Group Series A<br>| 4.00 | &nbsp;&nbsp; 2-15-2047 | 3000000 | &nbsp;&nbsp; 2658501 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michigan Finance Authority Trinity Health Corp. Obligated Group <br> Series 2016MI<br>| 5.00 | &nbsp;&nbsp; 12-1-2034 | 8055000 | &nbsp;&nbsp; 8140330 |
|  |  |  |  | &nbsp;&nbsp; **16319171** |
| **Housing revenue: 0.55%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Michigan Municipal Bond Authority Series C (Ambac Insured) | 4.75 | &nbsp;&nbsp; 5-1-2027 | 2355000 | &nbsp;&nbsp; 2384972 |
| &nbsp;&nbsp;&nbsp; Michigan State Building Authority Series Iø | 2.99 | &nbsp;&nbsp; 4-15-2059 | 28280000 | &nbsp;&nbsp; 28280000 |
| &nbsp;&nbsp;&nbsp; Michigan State Building Authority Series I | 5.00 | &nbsp;&nbsp; 4-15-2041 | 14295000 | &nbsp;&nbsp; 14474139 |
|  |  |  |  | &nbsp;&nbsp; **45139111** |
| **Miscellaneous revenue: 0.39%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority County of Wayne | 4.00 | &nbsp;&nbsp; 11-1-2048 | 6000000 | &nbsp;&nbsp; 5418639 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 31

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Miscellaneous revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michigan Finance Authority Detroit Public Lighting Authority Utility <br> Users Tax Revenue Series B<br>| 5.00<br> %<br>| &nbsp;&nbsp; 7-1-2039 | $7895000 | &nbsp;&nbsp; $7901572 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Michigan Finance Authority Detroit Public Lighting Authority Utility <br> Users Tax Revenue Series B<br>| 5.00 | &nbsp;&nbsp; 7-1-2044 | 18345000 | &nbsp;&nbsp; 18360270 |
|  |  |  |  | &nbsp;&nbsp; **31680481** |
| **Utilities revenue: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Lansing Board of Water & Light Series A | 5.25 | &nbsp;&nbsp; 7-1-2054 | 9600000 | &nbsp;&nbsp; **10180778** |
| **Water & sewer revenue: 0.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Great Lakes Water Authority Sewage Disposal System Revenue <br> Series C<br>| 5.00 | &nbsp;&nbsp; 7-1-2036 | 6905000 | &nbsp;&nbsp; 6984448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Great Lakes Water Authority Water Supply System Revenue <br> Series D<br>| 4.00 | &nbsp;&nbsp; 7-1-2032 | 11000000 | &nbsp;&nbsp; 11056203 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Great Lakes Water Authority Water Supply System Revenue <br> Series D (AG Insured)<br>| 4.00 | &nbsp;&nbsp; 7-1-2033 | 11000000 | &nbsp;&nbsp; 11078804 |
|  |  |  |  | &nbsp;&nbsp; **29119455** |
|  |  |  |  | &nbsp;&nbsp; **152592288** |
| **Minnesota: 0.54%** |  |  |  |  |
| **Education revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Minneapolis University Gateway Corp. (Wells Fargo Bank <br> SPA)ø<br>| 2.90 | &nbsp;&nbsp; 12-1-2040 | 700000 | &nbsp;&nbsp; **700000** |
| **GO revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Hennepin Series A | 5.00 | &nbsp;&nbsp; 12-1-2037 | 1000000 | &nbsp;&nbsp; 1035049 |
| &nbsp;&nbsp;&nbsp; Shakopee Independent School District No. 720 Series A | 4.00 | &nbsp;&nbsp; 2-1-2030 | 225000 | &nbsp;&nbsp; 229685 |
| &nbsp;&nbsp;&nbsp; Shakopee Independent School District No. 720 Series A | 4.00 | &nbsp;&nbsp; 2-1-2032 | 240000 | &nbsp;&nbsp; 244696 |
|  |  |  |  | &nbsp;&nbsp; **1509430** |
| **Health revenue: 0.33%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Minneapolis Fairview Health Services Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 11-15-2048 | 2315000 | &nbsp;&nbsp; 1973561 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Shakopee Senior Housing Revenue Benedictine Living <br> Community LLC144Aøø<br>| 5.85 | &nbsp;&nbsp; 11-1-2058 | 13520000 | &nbsp;&nbsp; 13511646 |
| &nbsp;&nbsp;&nbsp; City of St. Cloud CentraCare Health System Obligated Group | 5.00 | &nbsp;&nbsp; 5-1-2048 | 1500000 | &nbsp;&nbsp; 1516570 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Minnesota Agricultural & Economic Development Board <br> HealthPartners Obligated Group<br>| 5.25 | &nbsp;&nbsp; 1-1-2047 | 10000000 | &nbsp;&nbsp; 10353296 |
|  |  |  |  | &nbsp;&nbsp; **27355073** |
| **Housing revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Minnesota Housing Finance Agency Series F AMT (GNMA / FNMA / <br> FHLMC Insured) (Royal Bank of Canada SPA)ø<br>| 2.90 | &nbsp;&nbsp; 1-1-2041 | 8850000 | &nbsp;&nbsp; **8850000** |
| **Miscellaneous revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Minnesota Rural Water Finance Authority, Inc. BAN | 3.30 | &nbsp;&nbsp; 8-1-2026 | 2000000 | &nbsp;&nbsp; **2002554** |

---

See accompanying notes to portfolio of investments

32 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Utilities revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Rochester Electric Utility Revenue Series A | 5.00<br> %<br>| &nbsp;&nbsp; 12-1-2042 | $3895000 | &nbsp;&nbsp; $**3962460** |
|  |  |  |  | &nbsp;&nbsp; **44379517** |
| **Mississippi: 0.11%** |  |  |  |  |
| **Miscellaneous revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mississippi Development Bank City of Jackson Water & Sewer <br> System Revenue (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 9-1-2030 | 4660000 | &nbsp;&nbsp; 4666640 |
| &nbsp;&nbsp;&nbsp; Mississippi Development Bank Lamar County School District | 5.25 | &nbsp;&nbsp; 6-1-2045 | 1075000 | &nbsp;&nbsp; 1121354 |
|  |  |  |  | &nbsp;&nbsp; **5787994** |
| **Tobacco revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; State of Mississippi ABC Revenues | 5.00 | &nbsp;&nbsp; 10-1-2049 | 3000000 | &nbsp;&nbsp; **3100222** |
|  |  |  |  | &nbsp;&nbsp; **8888216** |
| **Missouri: 0.44%** |  |  |  |  |
| **GO revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; St. Louis School District | 4.00 | &nbsp;&nbsp; 4-1-2030 | 4840000 | &nbsp;&nbsp; **4872628** |
| **Miscellaneous revenue: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Kansas City IDA Airport Revenue Series B AMT | 5.00 | &nbsp;&nbsp; 3-1-2037 | 3000000 | &nbsp;&nbsp; 3087473 |
| &nbsp;&nbsp;&nbsp; Kansas City IDA Airport Revenue Series B AMT (AG Insured) | 5.00 | &nbsp;&nbsp; 3-1-2049 | 23075000 | &nbsp;&nbsp; 23101548 |
|  |  |  |  | &nbsp;&nbsp; **26189021** |
| **Water & sewer revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Kansas City Water Revenue Series A | 5.00 | &nbsp;&nbsp; 12-1-2048 | 4500000 | &nbsp;&nbsp; **4703895** |
|  |  |  |  | &nbsp;&nbsp; **35765544** |
| **Nebraska: 0.70%** |  |  |  |  |
| **Health revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Douglas County Hospital Authority No. 2 Children's Hospital <br> Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 11-15-2040 | 1150000 | &nbsp;&nbsp; **1101661** |
| **Miscellaneous revenue: 0.18%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series CF7037 (AG <br> Insured) (Citibank N.A. LIQ)144Aø<br>| 2.91 | &nbsp;&nbsp; 1-1-2041 | 15000000 | &nbsp;&nbsp; **15000000** |
| **Utilities revenue: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Central Plains Energy Project No. 3 Series A | 5.00 | &nbsp;&nbsp; 9-1-2033 | 6000000 | &nbsp;&nbsp; 6529182 |
| &nbsp;&nbsp;&nbsp; Central Plains Energy Project Series A-1øø | 5.00 | &nbsp;&nbsp; 8-1-2055 | 32355000 | &nbsp;&nbsp; 34980071 |
|  |  |  |  | &nbsp;&nbsp; **41509253** |
|  |  |  |  | &nbsp;&nbsp; **57610914** |
| **Nevada: 1.45%** |  |  |  |  |
| **GO revenue: 1.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Henderson Series A-1 | 4.00 | &nbsp;&nbsp; 6-1-2045 | 4610000 | &nbsp;&nbsp; 4397409 |
| &nbsp;&nbsp;&nbsp; City of Henderson Series B-1 | 4.00 | &nbsp;&nbsp; 6-1-2039 | 4060000 | &nbsp;&nbsp; 4078994 |
| &nbsp;&nbsp;&nbsp; City of Henderson Series B-1 | 4.00 | &nbsp;&nbsp; 6-1-2040 | 3340000 | &nbsp;&nbsp; 3331577 |
| &nbsp;&nbsp;&nbsp; City of Las Vegas Series A | 4.00 | &nbsp;&nbsp; 2-1-2038 | 1335000 | &nbsp;&nbsp; 1341493 |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 6-15-2035 | 9585000 | &nbsp;&nbsp; 9669797 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 33

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **GO revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 4.00<br> %<br>| &nbsp;&nbsp; 6-15-2036 | $850000 | &nbsp;&nbsp; $863924 |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 6-15-2037 | 900000 | &nbsp;&nbsp; 908701 |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 6-15-2038 | 850000 | &nbsp;&nbsp; 853473 |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 6-15-2039 | 1000000 | &nbsp;&nbsp; 995634 |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 6-15-2032 | 900000 | &nbsp;&nbsp; 991525 |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 6-15-2033 | 825000 | &nbsp;&nbsp; 902993 |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 6-15-2034 | 950000 | &nbsp;&nbsp; 1033038 |
| &nbsp;&nbsp;&nbsp; Clark County School District Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 6-15-2035 | 1000000 | &nbsp;&nbsp; 1080066 |
| &nbsp;&nbsp;&nbsp; County of Clark Series A | 5.00 | &nbsp;&nbsp; 6-1-2043 | 9360000 | &nbsp;&nbsp; 9550895 |
| &nbsp;&nbsp;&nbsp; County of Clark Series A | 5.00 | &nbsp;&nbsp; 5-1-2048 | 50215000 | &nbsp;&nbsp; 50913757 |
| &nbsp;&nbsp;&nbsp; County of Clark Series C | 4.00 | &nbsp;&nbsp; 7-1-2032 | 6000000 | &nbsp;&nbsp; 6090243 |
| &nbsp;&nbsp;&nbsp; Las Vegas Valley Water District Series A | 4.00 | &nbsp;&nbsp; 6-1-2034 | 4600000 | &nbsp;&nbsp; 4835026 |
|  |  |  |  | &nbsp;&nbsp; **101838545** |
| **Industrial development revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Clark Southern California Edison Co. | 2.10 | &nbsp;&nbsp; 6-1-2031 | 1250000 | &nbsp;&nbsp; **1136676** |
| **Resource recovery revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Nevada Department of Business & Industry Republic <br> Services, Inc. Series 2001-REMK AMT144Aø<br>| 3.95 | &nbsp;&nbsp; 12-1-2026 | 2500000 | &nbsp;&nbsp; **2499631** |
| **Tax revenue: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Clark Sales & Excise Tax Revenue Streets & Highway <br> Project<br>| 4.00 | &nbsp;&nbsp; 7-1-2043 | 4500000 | &nbsp;&nbsp; 4331310 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Las Vegas Convention & Visitors Authority Clark County Combined <br> Room Tax Revenue Series B<br>| 4.00 | &nbsp;&nbsp; 7-1-2049 | 10000000 | &nbsp;&nbsp; 9036851 |
|  |  |  |  | &nbsp;&nbsp; **13368161** |
|  |  |  |  | &nbsp;&nbsp; **118843013** |
| **New Hampshire: 0.68%** |  |  |  |  |
| **Education revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority University of Nevada <br> Reno Series A (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 6-1-2051 | 10000000 | &nbsp;&nbsp; 10392411 |
| &nbsp;&nbsp;&nbsp; New Hampshire HEFA Act University System | 5.00 | &nbsp;&nbsp; 7-1-2040 | 6000000 | &nbsp;&nbsp; 6002957 |
| &nbsp;&nbsp;&nbsp; New Hampshire HEFA Act University System (BAM Insured) | 5.25 | &nbsp;&nbsp; 7-1-2048 | 5860000 | &nbsp;&nbsp; 6211641 |
|  |  |  |  | &nbsp;&nbsp; **22607009** |
| **Health revenue: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New Hampshire HEFA Act Concord Hospital Obligated Group | 5.00 | &nbsp;&nbsp; 10-1-2047 | 5000000 | &nbsp;&nbsp; 5022142 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hampshire HEFA Act Dartmouth-Hitchcock Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 8-1-2036 | 2660000 | &nbsp;&nbsp; 2735914 |
|  |  |  |  | &nbsp;&nbsp; **7758056** |
| **Housing revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority Class A Series 1-A | 4.13 | &nbsp;&nbsp; 1-20-2034 | 5918461 | &nbsp;&nbsp; **5950282** |

---

See accompanying notes to portfolio of investments

34 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Resource recovery revenue: 0.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority United Illuminating Co. <br> Series A<br>| 4.50<br> %<br>| &nbsp;&nbsp; 10-1-2033 | $2560000 | &nbsp;&nbsp; $2677476 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority Waste Management, <br> Inc. Series A AMTøø<br>| 4.00 | &nbsp;&nbsp; 10-1-2033 | 17000000 | &nbsp;&nbsp; 17009382 |
|  |  |  |  | &nbsp;&nbsp; **19686858** |
|  |  |  |  | &nbsp;&nbsp; **56002205** |
| **New Jersey: 1.29%** |  |  |  |  |
| **Airport revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; South Jersey Port Corp. Series S-1 | 5.00 | &nbsp;&nbsp; 1-1-2039 | 1350000 | &nbsp;&nbsp; **1352576** |
| **Education revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Atlantic County Improvement Authority Stockton University <br> Series A (AG Insured)<br>| 4.00 | &nbsp;&nbsp; 7-1-2047 | 750000 | &nbsp;&nbsp; **692278** |
| **Health revenue: 0.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Health Care Facilities Financing Authority AHS Hospital <br> Corp. Series B (Bank of America N.A. LOC)ø<br>| 3.20 | &nbsp;&nbsp; 7-1-2036 | 100000 | &nbsp;&nbsp; **100000** |
| **Housing revenue: 0.93%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Garden State Preservation Trust Series A (AG Insured) | 5.75 | &nbsp;&nbsp; 11-1-2028 | 9510000 | &nbsp;&nbsp; 9977656 |
| &nbsp;&nbsp;&nbsp; New Jersey EDA Motor Vehicle Surcharge Revenue Series A | 3.13 | &nbsp;&nbsp; 7-1-2029 | 2620000 | &nbsp;&nbsp; 2582636 |
| &nbsp;&nbsp;&nbsp; New Jersey EDA Portal North Bridge Project Series A | 5.00 | &nbsp;&nbsp; 11-1-2038 | 5000000 | &nbsp;&nbsp; 5382733 |
| &nbsp;&nbsp;&nbsp; New Jersey EDA Portal North Bridge Project Series A | 5.25 | &nbsp;&nbsp; 11-1-2041 | 3000000 | &nbsp;&nbsp; 3216755 |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series A¤ | 0.00 | &nbsp;&nbsp; 12-15-2026 | 1150000 | &nbsp;&nbsp; 1112007 |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series A¤ | 0.00 | &nbsp;&nbsp; 12-15-2028 | 10100000 | &nbsp;&nbsp; 9225426 |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series A¤ | 0.00 | &nbsp;&nbsp; 12-15-2029 | 11875000 | &nbsp;&nbsp; 10530757 |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series A¤ | 0.00 | &nbsp;&nbsp; 12-15-2030 | 8000000 | &nbsp;&nbsp; 6879760 |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series A¤ | 0.00 | &nbsp;&nbsp; 12-15-2031 | 4500000 | &nbsp;&nbsp; 3721005 |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series A CAB¤ | 0.00 | &nbsp;&nbsp; 12-15-2039 | 10000000 | &nbsp;&nbsp; 5534355 |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series AA | 5.00 | &nbsp;&nbsp; 6-15-2038 | 2000000 | &nbsp;&nbsp; 2151287 |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series CC | 5.25 | &nbsp;&nbsp; 6-15-2046 | 6000000 | &nbsp;&nbsp; 6670840 |
| &nbsp;&nbsp;&nbsp; Union County Utilities Authority Covanta Union LLC Series A AMT | 5.25 | &nbsp;&nbsp; 12-1-2031 | 9210000 | &nbsp;&nbsp; 9226809 |
|  |  |  |  | &nbsp;&nbsp; **76212026** |
| **Industrial development revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New Jersey EDA United Airlines, Inc. | 5.25 | &nbsp;&nbsp; 9-15-2029 | 4210000 | &nbsp;&nbsp; **4215760** |
| **Miscellaneous revenue: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series A | 4.25 | &nbsp;&nbsp; 6-15-2040 | 4375000 | &nbsp;&nbsp; 4370598 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Newark Housing Authority Port Authority of New York & New Jersey <br> (NPFGC Insured)<br>| 5.00 | &nbsp;&nbsp; 1-1-2032 | 7620000 | &nbsp;&nbsp; 8209106 |
|  |  |  |  | &nbsp;&nbsp; **12579704** |
| **Tax revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New Jersey TTFA Series AA | 5.00 | &nbsp;&nbsp; 6-15-2039 | 3000000 | &nbsp;&nbsp; **3164626** |
| **Transportation revenue: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; South Jersey Transportation Authority Series A | 5.00 | &nbsp;&nbsp; 11-1-2041 | 1000000 | &nbsp;&nbsp; 1050717 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 35

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Transportation revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; South Jersey Transportation Authority Series A | 5.25<br> %<br>| &nbsp;&nbsp; 11-1-2052 | $1500000 | &nbsp;&nbsp; $1562011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XX1405 <br> (Barclays Bank plc LIQ)144Aø<br>| 3.88 | &nbsp;&nbsp; 1-1-2055 | 5035000 | &nbsp;&nbsp; 5035000 |
|  |  |  |  | &nbsp;&nbsp; **7647728** |
|  |  |  |  | &nbsp;&nbsp; **105964698** |
| **New Mexico: 0.14%** |  |  |  |  |
| **Industrial development revenue: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Farmington Southern California Edison Co. | 1.80 | &nbsp;&nbsp; 4-1-2029 | 5000000 | &nbsp;&nbsp; 4732746 |
| &nbsp;&nbsp;&nbsp; City of Farmington Southern California Edison Co. Series B | 1.80 | &nbsp;&nbsp; 4-1-2029 | 7000000 | &nbsp;&nbsp; 6625844 |
|  |  |  |  | &nbsp;&nbsp; **11358590** |
| **New York: 11.33%** |  |  |  |  |
| **Airport revenue: 1.98%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. Transportation Infrastructure Purpose <br> Obligated Group AMT<br>| 5.50 | &nbsp;&nbsp; 7-1-2044 | 1000000 | &nbsp;&nbsp; 1047590 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. Transportation Infrastructure Purpose <br> Obligated Group AMT<br>| 5.50 | &nbsp;&nbsp; 7-1-2045 | 1250000 | &nbsp;&nbsp; 1305053 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. Transportation Infrastructure Purpose <br> Obligated Group AMT<br>| 5.50 | &nbsp;&nbsp; 7-1-2050 | 5500000 | &nbsp;&nbsp; 5671239 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. Delta Air Lines, Inc. <br> AMT<br>| 5.63 | &nbsp;&nbsp; 4-1-2040 | 6250000 | &nbsp;&nbsp; 6530837 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. Delta Air Lines, Inc. <br> AMT<br>| 6.00 | &nbsp;&nbsp; 4-1-2035 | 3000000 | &nbsp;&nbsp; 3297868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC AMT<br>| 5.00 | &nbsp;&nbsp; 12-1-2037 | 2000000 | &nbsp;&nbsp; 2094880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC AMT<br>| 5.00 | &nbsp;&nbsp; 12-1-2038 | 3000000 | &nbsp;&nbsp; 3117232 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC AMT<br>| 5.00 | &nbsp;&nbsp; 12-1-2039 | 13000000 | &nbsp;&nbsp; 13421361 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC AMT<br>| 5.00 | &nbsp;&nbsp; 12-1-2042 | 3385000 | &nbsp;&nbsp; 3421702 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC Series A AMT<br>| 4.00 | &nbsp;&nbsp; 12-1-2039 | 700000 | &nbsp;&nbsp; 655522 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC Series A AMT<br>| 4.00 | &nbsp;&nbsp; 12-1-2040 | 900000 | &nbsp;&nbsp; 831271 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC Series A AMT<br>| 5.00 | &nbsp;&nbsp; 12-1-2032 | 1000000 | &nbsp;&nbsp; 1066956 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC Series A AMT<br>| 5.00 | &nbsp;&nbsp; 12-1-2037 | 700000 | &nbsp;&nbsp; 724908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC Series C<br>| 5.00 | &nbsp;&nbsp; 12-1-2035 | 2475000 | &nbsp;&nbsp; 2654023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC Series C<br>| 5.00 | &nbsp;&nbsp; 12-1-2036 | 1750000 | &nbsp;&nbsp; 1865215 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK International Air <br> Terminal LLC Series C<br>| 5.00 | &nbsp;&nbsp; 12-1-2037 | 1750000 | &nbsp;&nbsp; 1853908 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK Millennium <br> Partners LLC Series A AMT<br>| 5.50 | &nbsp;&nbsp; 12-31-2054 | 17000000 | &nbsp;&nbsp; 17452686 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT | 5.50 | &nbsp;&nbsp; 6-30-2054 | 3000000 | &nbsp;&nbsp; 3050123 |

---

See accompanying notes to portfolio of investments

36 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Airport revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT | 5.50<br> %<br>| &nbsp;&nbsp; 6-30-2060 | $18000000 | &nbsp;&nbsp; $18163561 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT | 6.00 | &nbsp;&nbsp; 6-30-2044 | 2000000 | &nbsp;&nbsp; 2165208 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT | 6.00 | &nbsp;&nbsp; 6-30-2050 | 2500000 | &nbsp;&nbsp; 2667893 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT | 6.00 | &nbsp;&nbsp; 6-30-2054 | 6500000 | &nbsp;&nbsp; 6773373 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT (AG <br> Insured)<br>| 5.00 | &nbsp;&nbsp; 6-30-2049 | 5000000 | &nbsp;&nbsp; 5012652 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT (AG <br> Insured)<br>| 5.00 | &nbsp;&nbsp; 6-30-2054 | 5000000 | &nbsp;&nbsp; 4989398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. JFK NTO LLC AMT <br> (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 6-30-2049 | 5000000 | &nbsp;&nbsp; 5092234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. LaGuardia Gateway <br> Partners LLC Series A-P3 AMT<br>| 5.00 | &nbsp;&nbsp; 7-1-2041 | 3250000 | &nbsp;&nbsp; 3249814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. LaGuardia Gateway <br> Partners LLC Series A-P3 AMT<br>| 5.00 | &nbsp;&nbsp; 7-1-2046 | 10435000 | &nbsp;&nbsp; 10331389 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey Series 193rd AMT | 5.00 | &nbsp;&nbsp; 10-15-2028 | 1760000 | &nbsp;&nbsp; 1761375 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey Series 205th | 5.25 | &nbsp;&nbsp; 11-15-2039 | 16580000 | &nbsp;&nbsp; 17209790 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey Series 211 | 4.00 | &nbsp;&nbsp; 9-1-2043 | 7000000 | &nbsp;&nbsp; 6697038 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey Series 211 | 5.00 | &nbsp;&nbsp; 9-1-2048 | 2000000 | &nbsp;&nbsp; 2031224 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey Series 218 AMT | 4.00 | &nbsp;&nbsp; 11-1-2041 | 2275000 | &nbsp;&nbsp; 2137140 |
| &nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey Series 221 AMT | 4.00 | &nbsp;&nbsp; 7-15-2045 | 5000000 | &nbsp;&nbsp; 4543107 |
|  |  |  |  | &nbsp;&nbsp; **162887570** |
| **Education revenue: 0.76%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Babylon L D Corp. II Series A | 6.65 | &nbsp;&nbsp; 2-1-2053 | 7265000 | &nbsp;&nbsp; 7306316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. South Bronx Charter School for <br> International Cultures & The Arts Series A144A<br>| 6.75 | &nbsp;&nbsp; 4-15-2043 | 2000000 | &nbsp;&nbsp; 2046755 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. South Bronx Charter School for <br> International Cultures & The Arts Series B144A<br>| 6.75 | &nbsp;&nbsp; 4-15-2043 | 3290000 | &nbsp;&nbsp; 3366913 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. Success Academy Charter Schools, Inc. <br> Obligated Group<br>| 4.00 | &nbsp;&nbsp; 9-1-2040 | 3400000 | &nbsp;&nbsp; 3257054 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. Success Academy Charter Schools, Inc. <br> Obligated Group<br>| 4.00 | &nbsp;&nbsp; 9-1-2041 | 3450000 | &nbsp;&nbsp; 3266756 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Build NYC Resource Corp. Success Academy Charter Schools, Inc. <br> Obligated Group<br>| 4.00 | &nbsp;&nbsp; 9-1-2044 | 1025000 | &nbsp;&nbsp; 943287 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hempstead Town Local Development Corp. Academy Charter <br> School Series A<br>| 4.60 | &nbsp;&nbsp; 2-1-2051 | 5000000 | &nbsp;&nbsp; 3822190 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hempstead Town Local Development Corp. Academy Charter <br> School Series A<br>| 5.73 | &nbsp;&nbsp; 2-1-2050 | 10030000 | &nbsp;&nbsp; 9111502 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hempstead Town Local Development Corp. Evergreen Charter <br> School, Inc. Series A<br>| 5.25 | &nbsp;&nbsp; 6-15-2042 | 6085000 | &nbsp;&nbsp; 6124910 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Monroe County Industrial Development Corp. University of <br> Rochester Series A<br>| 5.00 | &nbsp;&nbsp; 7-1-2053 | 7000000 | &nbsp;&nbsp; 7179560 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority Barnard College Series A | 4.00 | &nbsp;&nbsp; 7-1-2045 | 1270000 | &nbsp;&nbsp; 1126612 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority Barnard College Series A | 4.00 | &nbsp;&nbsp; 7-1-2049 | 1000000 | &nbsp;&nbsp; 862240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Icahn School of Medicine at <br> Mount Sinai Series A<br>| 5.00 | &nbsp;&nbsp; 7-1-2040 | 3000000 | &nbsp;&nbsp; 2997674 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority Iona College Series 2022 | 5.00 | &nbsp;&nbsp; 7-1-2027 | 335000 | &nbsp;&nbsp; 345964 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority Series A | 5.00 | &nbsp;&nbsp; 7-1-2049 | 4265000 | &nbsp;&nbsp; 4329805 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 37

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority St. John's University Series A | 4.00<br> %<br>| &nbsp;&nbsp; 7-1-2048 | $2000000 | &nbsp;&nbsp; $1750015 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XM1250 <br> (Royal Bank of Canada LIQ)144Aø<br>| 2.91 | &nbsp;&nbsp; 12-1-2032 | 4060000 | &nbsp;&nbsp; 4060000 |
|  |  |  |  | &nbsp;&nbsp; **61897553** |
| **GO revenue: 1.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of New York Series A-1 | 5.25 | &nbsp;&nbsp; 9-1-2042 | 8750000 | &nbsp;&nbsp; 9355955 |
| &nbsp;&nbsp;&nbsp; City of New York Series A-1 | 5.25 | &nbsp;&nbsp; 9-1-2043 | 21165000 | &nbsp;&nbsp; 22554882 |
| &nbsp;&nbsp;&nbsp; City of New York Series B-1 | 5.00 | &nbsp;&nbsp; 10-1-2038 | 2650000 | &nbsp;&nbsp; 2784904 |
| &nbsp;&nbsp;&nbsp; City of New York Series C | 4.00 | &nbsp;&nbsp; 8-1-2039 | 3000000 | &nbsp;&nbsp; 3002540 |
| &nbsp;&nbsp;&nbsp; City of New York Series C | 5.25 | &nbsp;&nbsp; 3-1-2053 | 37500000 | &nbsp;&nbsp; 39466279 |
| &nbsp;&nbsp;&nbsp; City of New York Series D-1 | 5.25 | &nbsp;&nbsp; 5-1-2041 | 6000000 | &nbsp;&nbsp; 6430840 |
| &nbsp;&nbsp;&nbsp; City of New York Series D-1 | 5.25 | &nbsp;&nbsp; 5-1-2042 | 1000000 | &nbsp;&nbsp; 1066339 |
| &nbsp;&nbsp;&nbsp; City of New York Series E1 | 5.25 | &nbsp;&nbsp; 4-1-2047 | 10000000 | &nbsp;&nbsp; 10557513 |
| &nbsp;&nbsp;&nbsp; City of New York Series E-1 | 5.00 | &nbsp;&nbsp; 3-1-2039 | 8800000 | &nbsp;&nbsp; 9087497 |
| &nbsp;&nbsp;&nbsp; City of New York Series F-1 | 5.00 | &nbsp;&nbsp; 3-1-2043 | 4000000 | &nbsp;&nbsp; 4130458 |
| &nbsp;&nbsp;&nbsp; City of New York Series F-1 | 5.00 | &nbsp;&nbsp; 3-1-2050 | 6500000 | &nbsp;&nbsp; 6610267 |
| &nbsp;&nbsp;&nbsp; City of New York Series I-3 (U.S. Bank N.A. SPA)ø | 3.50 | &nbsp;&nbsp; 3-1-2044 | 2630000 | &nbsp;&nbsp; 2630000 |
| &nbsp;&nbsp;&nbsp; City of Yonkers Series C (AG Insured) | 5.00 | &nbsp;&nbsp; 3-15-2036 | 2000000 | &nbsp;&nbsp; 2224132 |
| &nbsp;&nbsp;&nbsp; City of Yonkers Series C (AG Insured) | 5.00 | &nbsp;&nbsp; 3-15-2037 | 1100000 | &nbsp;&nbsp; 1213954 |
| &nbsp;&nbsp;&nbsp; City of Yonkers Series C (AG Insured) | 5.00 | &nbsp;&nbsp; 3-15-2038 | 1140000 | &nbsp;&nbsp; 1248288 |
| &nbsp;&nbsp;&nbsp; City of Yonkers Series F (BAM Insured) | 5.00 | &nbsp;&nbsp; 11-15-2040 | 850000 | &nbsp;&nbsp; 917892 |
| &nbsp;&nbsp;&nbsp; City of Yonkers Series F (BAM Insured) | 5.00 | &nbsp;&nbsp; 11-15-2041 | 750000 | &nbsp;&nbsp; 801574 |
| &nbsp;&nbsp;&nbsp; City of Yonkers Series F (BAM Insured) | 5.00 | &nbsp;&nbsp; 11-15-2042 | 1000000 | &nbsp;&nbsp; 1059115 |
| &nbsp;&nbsp;&nbsp; Village of Valley Stream Series A BAN | 5.13 | &nbsp;&nbsp; 5-8-2026 | 3000000 | &nbsp;&nbsp; 3014679 |
|  |  |  |  | &nbsp;&nbsp; **128157108** |
| **Health revenue: 0.39%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Catholic Health System <br> Obligated Group Series B (Manufacturers & Traders LOC)ø<br>| 3.00 | &nbsp;&nbsp; 7-1-2048 | 9425000 | &nbsp;&nbsp; 9425000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Montefiore Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 8-1-2036 | 9615000 | &nbsp;&nbsp; 9402742 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Montefiore Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 8-1-2037 | 9965000 | &nbsp;&nbsp; 9565700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Montefiore Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 9-1-2038 | 2890000 | &nbsp;&nbsp; 2791382 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westchester County Local Development Corp. Health Care Corp. <br> Obligated Group (AG Insured)<br>| 5.25 | &nbsp;&nbsp; 11-1-2034 | 1000000 | &nbsp;&nbsp; 1125569 |
|  |  |  |  | &nbsp;&nbsp; **32310393** |
| **Housing revenue: 0.29%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Building Aid Revenue <br> Series S-3A<br>| 4.00 | &nbsp;&nbsp; 7-15-2038 | 8500000 | &nbsp;&nbsp; 8524037 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 10-1-2034 | 5000 | &nbsp;&nbsp; 5370 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Thruway Authority Personal Income Tax Revenue <br> Series A-1<br>| 4.00 | &nbsp;&nbsp; 3-15-2044 | 5000000 | &nbsp;&nbsp; 4710977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of New York Mortgage Agency Homeowner Mortgage <br> Revenue Series 247 (TD Bank N.A. SPA)ø<br>| 2.80 | &nbsp;&nbsp; 10-1-2052 | 3600000 | &nbsp;&nbsp; 3600000 |

---

See accompanying notes to portfolio of investments

38 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Yonkers Industrial Development Agency New Community School <br> Project<br>| 5.00<br> %<br>| &nbsp;&nbsp; 5-1-2047 | $5000000 | &nbsp;&nbsp; $5192523 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Yonkers Industrial Development Agency New Community School <br> Project<br>| 5.25 | &nbsp;&nbsp; 5-1-2051 | 1600000 | &nbsp;&nbsp; 1675844 |
|  |  |  |  | &nbsp;&nbsp; **23708751** |
| **Industrial development revenue: 0.62%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; New York Liberty Development Corp. One Bryant Park LLC Class 3 | 2.80 | &nbsp;&nbsp; 9-15-2069 | 1000000 | &nbsp;&nbsp; 927912 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Energy Research & Development Authority <br> Rochester Gas & Electric Corp. Series B<br>| 3.80 | &nbsp;&nbsp; 8-1-2032 | 5000000 | &nbsp;&nbsp; 5150052 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. American Airlines, Inc. <br> AMT<br>| 3.00 | &nbsp;&nbsp; 8-1-2031 | 2000000 | &nbsp;&nbsp; 1879448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. Delta Air Lines, Inc. <br> AMT<br>| 5.00 | &nbsp;&nbsp; 1-1-2032 | 12000000 | &nbsp;&nbsp; 12331759 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. Delta Air Lines, Inc. <br> AMT<br>| 5.00 | &nbsp;&nbsp; 1-1-2034 | 5005000 | &nbsp;&nbsp; 5112482 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. Delta Air Lines, Inc. <br> AMT<br>| 5.00 | &nbsp;&nbsp; 10-1-2035 | 20000000 | &nbsp;&nbsp; 20894470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. Delta Air Lines, Inc. <br> AMT<br>| 5.00 | &nbsp;&nbsp; 10-1-2040 | 3000000 | &nbsp;&nbsp; 3031332 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp. Empire State Thruway <br> Partners LLC AMT<br>| 4.00 | &nbsp;&nbsp; 10-31-2046 | 1515000 | &nbsp;&nbsp; 1324870 |
|  |  |  |  | &nbsp;&nbsp; **50652325** |
| **Miscellaneous revenue: 0.65%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Hudson Yards Infrastructure Corp. Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 2-15-2047 | 8000000 | &nbsp;&nbsp; 7452935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Industrial Development Agency Queens Ballpark <br> Co. LLC Series A (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 1-1-2031 | 1000000 | &nbsp;&nbsp; 1107444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Liberty Development Corp. Port Authority of New York & <br> New Jersey Series 1<br>| 4.00 | &nbsp;&nbsp; 2-15-2043 | 4500000 | &nbsp;&nbsp; 4323241 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 10-1-2034 | 1745000 | &nbsp;&nbsp; 1834468 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 10-1-2035 | 1000000 | &nbsp;&nbsp; 1048344 |
| &nbsp;&nbsp;&nbsp; Suffolk Regional Off-Track Betting Corp. | 6.00 | &nbsp;&nbsp; 12-1-2053 | 3000000 | &nbsp;&nbsp; 3030384 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2025-<br> XL0583 (JPMorgan Chase Bank N.A. LIQ)144Aø<br>| 3.90 | &nbsp;&nbsp; 12-1-2032 | 6605000 | &nbsp;&nbsp; 6605000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Metropolitan Transportation <br> Authority Payroll Mobility Tax Revenue Series A<br>| 5.00 | &nbsp;&nbsp; 5-15-2047 | 15000000 | &nbsp;&nbsp; 15491637 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Metropolitan Transportation <br> Authority Payroll Mobility Tax Revenue Series C<br>| 5.00 | &nbsp;&nbsp; 5-15-2047 | 8000000 | &nbsp;&nbsp; 8262206 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Metropolitan Transportation <br> Authority Payroll Mobility Tax Revenue Series C-1A<br>| 4.00 | &nbsp;&nbsp; 5-15-2042 | 2250000 | &nbsp;&nbsp; 2169196 |
| &nbsp;&nbsp;&nbsp; Western Regional Off-Track Betting Corp.144A | 4.13 | &nbsp;&nbsp; 12-1-2041 | 2650000 | &nbsp;&nbsp; 2340680 |
|  |  |  |  | &nbsp;&nbsp; **53665535** |
| **Resource recovery revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Environmental Facilities Corp. Waste Management, <br> Inc. AMTøø<br>| 3.85 | &nbsp;&nbsp; 5-1-2030 | 5000000 | &nbsp;&nbsp; **4999363** |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 39

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Tax revenue: 2.70%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empire State Development Corp. Personal Income Tax Revenue <br> Series A<br>| 5.00<br> %<br>| &nbsp;&nbsp; 3-15-2041 | $3750000 | &nbsp;&nbsp; $3905963 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empire State Development Corp. Personal Income Tax Revenue <br> Series A<br>| 5.00 | &nbsp;&nbsp; 3-15-2042 | 4075000 | &nbsp;&nbsp; 4227852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empire State Development Corp. Personal Income Tax Revenue <br> Series C<br>| 4.00 | &nbsp;&nbsp; 3-15-2042 | 8045000 | &nbsp;&nbsp; 7734316 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empire State Development Corp. Personal Income Tax Revenue <br> Series C<br>| 5.00 | &nbsp;&nbsp; 3-15-2047 | 8000000 | &nbsp;&nbsp; 8173645 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empire State Development Corp. Personal Income Tax Revenue <br> Series E<br>| 4.00 | &nbsp;&nbsp; 3-15-2043 | 8040000 | &nbsp;&nbsp; 7588805 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Empire State Development Corp. Personal Income Tax Revenue <br> Series E<br>| 4.00 | &nbsp;&nbsp; 3-15-2046 | 5670000 | &nbsp;&nbsp; 5217008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Building Aid Revenue <br> Series S-1<br>| 5.00 | &nbsp;&nbsp; 7-15-2040 | 2850000 | &nbsp;&nbsp; 2857531 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series A-1<br>| 4.00 | &nbsp;&nbsp; 8-1-2041 | 1900000 | &nbsp;&nbsp; 1841338 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series A2<br>| 5.00 | &nbsp;&nbsp; 5-1-2038 | 5000000 | &nbsp;&nbsp; 5237112 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series A-2<br>| 5.00 | &nbsp;&nbsp; 8-1-2037 | 12140000 | &nbsp;&nbsp; 12512867 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series B-1<br>| 4.00 | &nbsp;&nbsp; 8-1-2041 | 5580000 | &nbsp;&nbsp; 5420240 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series B-1<br>| 4.00 | &nbsp;&nbsp; 11-1-2041 | 5000000 | &nbsp;&nbsp; 4854344 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series B-1<br>| 4.00 | &nbsp;&nbsp; 8-1-2042 | 10000000 | &nbsp;&nbsp; 9476673 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series C-3<br>| 4.00 | &nbsp;&nbsp; 5-1-2043 | 2335000 | &nbsp;&nbsp; 2200086 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series C-3<br>| 4.00 | &nbsp;&nbsp; 5-1-2044 | 10710000 | &nbsp;&nbsp; 9992023 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series D-1<br>| 5.50 | &nbsp;&nbsp; 11-1-2045 | 21670000 | &nbsp;&nbsp; 23299040 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series E-1<br>| 4.00 | &nbsp;&nbsp; 2-1-2038 | 4000000 | &nbsp;&nbsp; 4014486 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series F-1<br>| 5.00 | &nbsp;&nbsp; 5-1-2042 | 2390000 | &nbsp;&nbsp; 2426398 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series A<br>| 5.00 | &nbsp;&nbsp; 5-1-2045 | 5000000 | &nbsp;&nbsp; 5281979 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series A-2 (Bank of America N.A. SPA)ø<br>| 3.50 | &nbsp;&nbsp; 5-1-2055 | 5000000 | &nbsp;&nbsp; 5000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series B<br>| 5.50 | &nbsp;&nbsp; 5-1-2044 | 5770000 | &nbsp;&nbsp; 6304743 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series B<br>| 5.50 | &nbsp;&nbsp; 5-1-2047 | 7040000 | &nbsp;&nbsp; 7593868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series D<br>| 5.00 | &nbsp;&nbsp; 5-1-2049 | 3900000 | &nbsp;&nbsp; 4056145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Transitional Finance Authority Future Tax Secured <br> Revenue Series F-1<br>| 5.00 | &nbsp;&nbsp; 2-1-2049 | 7695000 | &nbsp;&nbsp; 7979776 |

---

See accompanying notes to portfolio of investments

40 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Tax revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Personal Income Tax Revenue <br> Series A<br>| 5.00<br> %<br>| &nbsp;&nbsp; 2-15-2034 | $3790000 | &nbsp;&nbsp; $3847306 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Personal Income Tax Revenue <br> Series A<br>| 5.00 | &nbsp;&nbsp; 3-15-2043 | 6750000 | &nbsp;&nbsp; 6931033 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Personal Income Tax Revenue <br> Series A<br>| 5.25 | &nbsp;&nbsp; 3-15-2052 | 4500000 | &nbsp;&nbsp; 4736425 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Personal Income Tax Revenue <br> Series D<br>| 4.00 | &nbsp;&nbsp; 2-15-2039 | 5000000 | &nbsp;&nbsp; 5004683 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Personal Income Tax Revenue <br> Series D<br>| 5.00 | &nbsp;&nbsp; 2-15-2048 | 12500000 | &nbsp;&nbsp; 12735935 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Personal Income Tax Revenue <br> Series E<br>| 4.00 | &nbsp;&nbsp; 3-15-2042 | 6000000 | &nbsp;&nbsp; 5758318 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority Personal Income Tax Revenue <br> Series E<br>| 4.00 | &nbsp;&nbsp; 3-15-2044 | 2700000 | &nbsp;&nbsp; 2528237 |
| &nbsp;&nbsp;&nbsp; New York State Dormitory Authority Sales Tax Revenue Series A | 5.00 | &nbsp;&nbsp; 3-15-2054 | 5000000 | &nbsp;&nbsp; 5159035 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Thruway Authority Personal Income Tax Revenue <br> Series A<br>| 5.00 | &nbsp;&nbsp; 3-15-2048 | 10000000 | &nbsp;&nbsp; 10301481 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XF1942 <br> (Bank of America N.A. LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 11-1-2045 | 3520000 | &nbsp;&nbsp; 3520000 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Sales Tax Revenue Series A-1 | 5.25 | &nbsp;&nbsp; 5-15-2064 | 4000000 | &nbsp;&nbsp; 4208350 |
|  |  |  |  | &nbsp;&nbsp; **221927041** |
| **Transportation revenue: 0.89%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Series A | 5.25 | &nbsp;&nbsp; 11-15-2049 | 10000000 | &nbsp;&nbsp; 10458821 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Series A2 | 5.00 | &nbsp;&nbsp; 11-15-2027 | 12640000 | &nbsp;&nbsp; 13140993 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Series C | 5.00 | &nbsp;&nbsp; 11-15-2040 | 3425000 | &nbsp;&nbsp; 3529034 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Series C (AG Insured) | 5.00 | &nbsp;&nbsp; 11-15-2041 | 9700000 | &nbsp;&nbsp; 9956608 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Series C (BAM Insured) | 5.00 | &nbsp;&nbsp; 11-15-2042 | 3005000 | &nbsp;&nbsp; 3067862 |
| &nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority Series C-1 | 5.00 | &nbsp;&nbsp; 11-15-2035 | 2000000 | &nbsp;&nbsp; 2005676 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Series A | 5.00 | &nbsp;&nbsp; 11-15-2044 | 3975000 | &nbsp;&nbsp; 4068239 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Series A | 5.00 | &nbsp;&nbsp; 11-15-2046 | 10000000 | &nbsp;&nbsp; 10546528 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Series A | 5.00 | &nbsp;&nbsp; 11-15-2047 | 4000000 | &nbsp;&nbsp; 4117694 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Series A | 5.00 | &nbsp;&nbsp; 11-15-2049 | 7750000 | &nbsp;&nbsp; 7931338 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority Series A | 5.50 | &nbsp;&nbsp; 11-15-2057 | 4000000 | &nbsp;&nbsp; 4242906 |
|  |  |  |  | &nbsp;&nbsp; **73065699** |
| **Utilities revenue: 0.20%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Long Island Power Authority Series Bøø | 3.00 | &nbsp;&nbsp; 9-1-2055 | 10000000 | &nbsp;&nbsp; 9948373 |
| &nbsp;&nbsp;&nbsp; Utility Debt Securitization Authority | 5.00 | &nbsp;&nbsp; 12-15-2037 | 3780000 | &nbsp;&nbsp; 3788792 |
| &nbsp;&nbsp;&nbsp; Utility Debt Securitization Authority | 5.00 | &nbsp;&nbsp; 12-15-2040 | 2870000 | &nbsp;&nbsp; 2955132 |
|  |  |  |  | &nbsp;&nbsp; **16692297** |
| **Water & sewer revenue: 1.23%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series AA<br>| 5.25 | &nbsp;&nbsp; 6-15-2053 | 5000000 | &nbsp;&nbsp; 5317385 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series AA-1<br>| 5.25 | &nbsp;&nbsp; 6-15-2052 | 5250000 | &nbsp;&nbsp; 5499942 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series AA-4 (State Street Bank & Trust Co. SPA)ø<br>| 3.70 | &nbsp;&nbsp; 6-15-2049 | 3000000 | &nbsp;&nbsp; 3000000 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 41

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Water & sewer revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series BB-1<br>| 5.00<br> %<br>| &nbsp;&nbsp; 6-15-2046 | $8000000 | &nbsp;&nbsp; $8105258 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series BB-1<br>| 5.25 | &nbsp;&nbsp; 6-15-2054 | 7000000 | &nbsp;&nbsp; 7374569 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series BB-1 (Bank of America N.A. SPA)ø<br>| 3.50 | &nbsp;&nbsp; 6-15-2049 | 4000000 | &nbsp;&nbsp; 4000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series CC-1<br>| 5.00 | &nbsp;&nbsp; 6-15-2049 | 12240000 | &nbsp;&nbsp; 12465865 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series CC-1<br>| 5.25 | &nbsp;&nbsp; 6-15-2054 | 11005000 | &nbsp;&nbsp; 11672272 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series DD<br>| 5.25 | &nbsp;&nbsp; 6-15-2047 | 24940000 | &nbsp;&nbsp; 25793470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series DD1<br>| 5.00 | &nbsp;&nbsp; 6-15-2048 | 3000000 | &nbsp;&nbsp; 3047544 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance Authority Water & Sewer <br> System Series EE-2 (State Street Bank & Trust Co. LIQ)ø<br>| 3.50 | &nbsp;&nbsp; 6-15-2045 | 3000000 | &nbsp;&nbsp; 3000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Environmental Facilities Corp. Revolving Fund <br> Series B<br>| 5.00 | &nbsp;&nbsp; 6-15-2048 | 10035000 | &nbsp;&nbsp; 10199987 |
| &nbsp;&nbsp;&nbsp; Western Nassau County Water Authority Series A | 4.00 | &nbsp;&nbsp; 4-1-2046 | 1100000 | &nbsp;&nbsp; 1015021 |
|  |  |  |  | &nbsp;&nbsp; **100491313** |
|  |  |  |  | &nbsp;&nbsp; **930454948** |
| **North Carolina: 0.41%** |  |  |  |  |
| **Airport revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Raleigh Durham Airport Authority Series A AMT | 5.00 | &nbsp;&nbsp; 5-1-2035 | 3400000 | &nbsp;&nbsp; **3587765** |
| **Education revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; North Carolina Capital Facilities Finance Agency Meredith College | 5.00 | &nbsp;&nbsp; 6-1-2038 | 500000 | &nbsp;&nbsp; 478187 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Capital Facilities Finance Agency Wake Forest <br> University<br>| 5.00 | &nbsp;&nbsp; 1-1-2033 | 1000000 | &nbsp;&nbsp; 1010438 |
| &nbsp;&nbsp;&nbsp; University of North Carolina at Asheville | 5.00 | &nbsp;&nbsp; 6-1-2042 | 625000 | &nbsp;&nbsp; 626912 |
|  |  |  |  | &nbsp;&nbsp; **2115537** |
| **Health revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Charlotte-Mecklenburg Hospital Authority Atrium Health Obligated <br> Group Series A<br>| 5.00 | &nbsp;&nbsp; 1-15-2036 | 500000 | &nbsp;&nbsp; 527234 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission Carolina Meadows, Inc. <br> Obligated Group<br>| 5.25 | &nbsp;&nbsp; 12-1-2054 | 2500000 | &nbsp;&nbsp; 2492375 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission Deerfield Episcopal <br> Retirement Community Obligated Group<br>| 5.00 | &nbsp;&nbsp; 11-1-2031 | 1500000 | &nbsp;&nbsp; 1521722 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission FirstHealth of the <br> Carolinas, Inc. Series D (Truist Bank LOC)ø<br>| 3.90 | &nbsp;&nbsp; 10-1-2032 | 1640000 | &nbsp;&nbsp; 1640000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission Forest at Duke, Inc. <br> Obligated Group<br>| 4.00 | &nbsp;&nbsp; 9-1-2051 | 1100000 | &nbsp;&nbsp; 861516 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission Presbyterian Homes <br> Obligated Group Series C<br>| 4.00 | &nbsp;&nbsp; 10-1-2031 | 1500000 | &nbsp;&nbsp; 1503918 |
|  |  |  |  | &nbsp;&nbsp; **8546765** |

---

See accompanying notes to portfolio of investments

42 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Capital Facilities Finance Agency Obligated Group <br> Series A (Department of Housing and Urban Development <br> Insured)<br>| 5.00<br> %<br>| &nbsp;&nbsp; 10-1-2034 | $2250000 | &nbsp;&nbsp; $2257941 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Housing Finance Agency Series 54-A (GNMA / FNMA <br> / FHLMC Insured)<br>| 4.55 | &nbsp;&nbsp; 7-1-2044 | 1000000 | &nbsp;&nbsp; 995269 |
|  |  |  |  | &nbsp;&nbsp; **3253210** |
| **Miscellaneous revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Charlotte Series C COP | 5.00 | &nbsp;&nbsp; 6-1-2030 | 1000000 | &nbsp;&nbsp; **1001676** |
| **Transportation revenue: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Department of Transportation I-77 Mobility <br> Partners LLC AMT<br>| 5.00 | &nbsp;&nbsp; 6-30-2028 | 1275000 | &nbsp;&nbsp; 1276865 |
| &nbsp;&nbsp;&nbsp; North Carolina Turnpike Authority (AG Insured) | 5.00 | &nbsp;&nbsp; 1-1-2049 | 4500000 | &nbsp;&nbsp; 4562624 |
| &nbsp;&nbsp;&nbsp; North Carolina Turnpike Authority Series A | 5.00 | &nbsp;&nbsp; 7-1-2042 | 500000 | &nbsp;&nbsp; 501981 |
| &nbsp;&nbsp;&nbsp; North Carolina Turnpike Authority Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 1-1-2054 | 6000000 | &nbsp;&nbsp; 6153251 |
|  |  |  |  | &nbsp;&nbsp; **12494721** |
| **Water & sewer revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Mebane Combined Utilities Revenue | 4.00 | &nbsp;&nbsp; 8-1-2049 | 2675000 | &nbsp;&nbsp; **2512751** |
|  |  |  |  | &nbsp;&nbsp; **33512425** |
| **North Dakota: 0.43%** |  |  |  |  |
| **Housing revenue: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Dakota Housing Finance Agency Series C (TD Bank N.A. <br> SPA)ø<br>| 2.90 | &nbsp;&nbsp; 1-1-2046 | 7595000 | &nbsp;&nbsp; 7595000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XG0619 <br> (Morgan Stanley LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 7-1-2045 | 15000000 | &nbsp;&nbsp; 15000000 |
|  |  |  |  | &nbsp;&nbsp; **22595000** |
| **Miscellaneous revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; University of North Dakota Series A COP | 5.00 | &nbsp;&nbsp; 4-1-2057 | 9000000 | &nbsp;&nbsp; **9064114** |
| **Water & sewer revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; North Dakota PFA Series A | 5.00 | &nbsp;&nbsp; 10-1-2038 | 3780000 | &nbsp;&nbsp; **3933078** |
|  |  |  |  | &nbsp;&nbsp; **35592192** |
| **Ohio: 1.64%** |  |  |  |  |
| **Airport revenue: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Columbus Regional Airport Authority Series A AMT | 5.00 | &nbsp;&nbsp; 1-1-2040 | 6000000 | &nbsp;&nbsp; **6265297** |
| **Education revenue: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allen County Port Authority University of Northwestern Ohio <br> Series A<br>| 4.00 | &nbsp;&nbsp; 12-1-2035 | 650000 | &nbsp;&nbsp; 617820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allen County Port Authority University of Northwestern Ohio <br> Series A<br>| 4.00 | &nbsp;&nbsp; 12-1-2040 | 720000 | &nbsp;&nbsp; 635847 |
| &nbsp;&nbsp;&nbsp; Ohio Higher Educational Facility Commission Kenyon College | 5.00 | &nbsp;&nbsp; 7-1-2037 | 3100000 | &nbsp;&nbsp; 3396067 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 43

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series XF3114 <br> (Morgan Stanley Bank LIQ)144Aø<br>| 2.92<br> %<br>| &nbsp;&nbsp; 10-1-2053 | $5750000 | &nbsp;&nbsp; $5750000 |
| &nbsp;&nbsp;&nbsp; University of Akron Series A | 5.00 | &nbsp;&nbsp; 1-1-2038 | 3000000 | &nbsp;&nbsp; 3012722 |
|  |  |  |  | &nbsp;&nbsp; **13412456** |
| **GO revenue: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; State of Ohio Series A | 5.00 | &nbsp;&nbsp; 2-1-2036 | 4265000 | &nbsp;&nbsp; 4282914 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2025-<br> XM1208 (Royal Bank of Canada LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 12-1-2030 | 5200000 | &nbsp;&nbsp; 5200000 |
|  |  |  |  | &nbsp;&nbsp; **9482914** |
| **Health revenue: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Middleburg Heights Southwest General Health Center <br> Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 8-1-2041 | 4830000 | &nbsp;&nbsp; 4423727 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Middleburg Heights Southwest General Health Center <br> Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 8-1-2047 | 3000000 | &nbsp;&nbsp; 2574750 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cleveland-Cuyahoga County Port Authority Centers for Dialysis <br> Care Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 12-1-2047 | 5205000 | &nbsp;&nbsp; 4866651 |
| &nbsp;&nbsp;&nbsp; County of Franklin OhioHealth Obligated Group Series A | 4.00 | &nbsp;&nbsp; 5-15-2047 | 1000000 | &nbsp;&nbsp; 923873 |
| &nbsp;&nbsp;&nbsp; County of Franklin Trinity Health Corp. Obligated Group Series A | 4.00 | &nbsp;&nbsp; 12-1-2044 | 3450000 | &nbsp;&nbsp; 3193644 |
| &nbsp;&nbsp;&nbsp; County of Franklin Trinity Health Corp. Obligated Group Series A | 5.00 | &nbsp;&nbsp; 12-1-2047 | 5000000 | &nbsp;&nbsp; 5022510 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Hamilton Cincinnati Children's Hospital Medical Center <br> Obligated Group Series CC<br>| 5.00 | &nbsp;&nbsp; 11-15-2041 | 2250000 | &nbsp;&nbsp; 2491385 |
| &nbsp;&nbsp;&nbsp; County of Hamilton UC Health Obligated Group | 5.00 | &nbsp;&nbsp; 9-15-2045 | 7500000 | &nbsp;&nbsp; 7432279 |
| &nbsp;&nbsp;&nbsp; County of Lucas Promedica Healthcare Obligated Group Series A | 5.25 | &nbsp;&nbsp; 11-15-2048 | 4250000 | &nbsp;&nbsp; 4192430 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; County of Montgomery Premier Health Partners Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 11-15-2039 | 3000000 | &nbsp;&nbsp; 2826550 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Ohio Children's Hospital Medical Center of Akron Obligated <br> Group Series A<br>| 5.25 | &nbsp;&nbsp; 8-15-2048 | 5000000 | &nbsp;&nbsp; 5326511 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2023-<br> XG0507 (Royal Bank of Canada LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 11-15-2041 | 2800000 | &nbsp;&nbsp; 2800000 |
|  |  |  |  | &nbsp;&nbsp; **46074310** |
| **Housing revenue: 0.62%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ohio Water Development Authority | 5.00 | &nbsp;&nbsp; 12-1-2035 | 5390000 | &nbsp;&nbsp; 5483322 |
| &nbsp;&nbsp;&nbsp; Ohio Water Development Authority | 5.00 | &nbsp;&nbsp; 12-1-2036 | 2000000 | &nbsp;&nbsp; 2031414 |
| &nbsp;&nbsp;&nbsp; RiverSouth Authority Series A | 5.75 | &nbsp;&nbsp; 12-1-2027 | 1570000 | &nbsp;&nbsp; 1570702 |
| &nbsp;&nbsp;&nbsp; State of Ohio Department of Transportation AMT (AG Insured) | 5.00 | &nbsp;&nbsp; 12-31-2026 | 2030000 | &nbsp;&nbsp; 2032577 |
| &nbsp;&nbsp;&nbsp; State of Ohio Department of Transportation AMT (AG Insured) | 5.00 | &nbsp;&nbsp; 12-31-2028 | 1610000 | &nbsp;&nbsp; 1611706 |
| &nbsp;&nbsp;&nbsp; State of Ohio Department of Transportation AMT (AG Insured) | 5.00 | &nbsp;&nbsp; 12-31-2030 | 2250000 | &nbsp;&nbsp; 2251996 |
| &nbsp;&nbsp;&nbsp; State of Ohio Department of Transportation AMT (AG Insured) | 5.00 | &nbsp;&nbsp; 12-31-2035 | 12000000 | &nbsp;&nbsp; 12003182 |
| &nbsp;&nbsp;&nbsp; State of Ohio Department of Transportation AMT (AG Insured) | 5.00 | &nbsp;&nbsp; 12-31-2039 | 2500000 | &nbsp;&nbsp; 2495392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series BAML-6046 <br> (Bank of America N.A. LOC, Bank of America N.A. LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 5-1-2065 | 21265000 | &nbsp;&nbsp; 21265000 |
|  |  |  |  | &nbsp;&nbsp; **50745291** |
| **Tax revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Franklin Sales Tax Revenue | 5.00 | &nbsp;&nbsp; 6-1-2048 | 5000000 | &nbsp;&nbsp; **5064158** |

---

See accompanying notes to portfolio of investments

44 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Transportation revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Summit County Development Finance Authority University of Akron <br> Parking Project<br>| 5.50<br> %<br>| &nbsp;&nbsp; 12-1-2043 | $1700000 | &nbsp;&nbsp; **$1774145** |
| **Utilities revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ohio Air Quality Development Authority Duke Energy Corp. Series A <br> AMTøø<br>| 4.25 | &nbsp;&nbsp; 11-1-2039 | 2000000 | &nbsp;&nbsp; **2041412** |
|  |  |  |  | &nbsp;&nbsp; **134859983** |
| **Oklahoma: 0.75%** |  |  |  |  |
| **Airport revenue: 0.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Oklahoma City Airport Trust AMT | 5.00 | &nbsp;&nbsp; 7-1-2043 | 9000000 | &nbsp;&nbsp; 9050138 |
| &nbsp;&nbsp;&nbsp; Oklahoma City Airport Trust AMT | 5.00 | &nbsp;&nbsp; 7-1-2047 | 11500000 | &nbsp;&nbsp; 11525111 |
| &nbsp;&nbsp;&nbsp; Tulsa Airports Improvement Trust Series A AMT (AG Insured) | 5.00 | &nbsp;&nbsp; 6-1-2043 | 4485000 | &nbsp;&nbsp; 4509303 |
| &nbsp;&nbsp;&nbsp; Tulsa Airports Improvement Trust Series A AMT (AG Insured) | 5.25 | &nbsp;&nbsp; 6-1-2048 | 3770000 | &nbsp;&nbsp; 3804476 |
|  |  |  |  | &nbsp;&nbsp; **28889028** |
| **Education revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma County Finance Authority Aerospace Science & <br> Technology Education Center, Inc.144A<br>| 6.00 | &nbsp;&nbsp; 6-15-2044 | 1000000 | &nbsp;&nbsp; **964176** |
| **Health revenue: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority INTEGRIS Health <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 8-15-2032 | 2365000 | &nbsp;&nbsp; 2368807 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority INTEGRIS Health <br> Obligated Group Series Bø<br>| 3.53 | &nbsp;&nbsp; 8-15-2031 | 2660000 | &nbsp;&nbsp; 2660000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority INTEGRIS Health <br> Obligated Group Series Cø<br>| 3.30 | &nbsp;&nbsp; 8-15-2031 | 1230000 | &nbsp;&nbsp; 1230000 |
|  |  |  |  | &nbsp;&nbsp; **6258807** |
| **Housing revenue: 0.28%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Garfield County Educational Facilities Authority Independent <br> School District No. 57 Enid Series A<br>| 5.00 | &nbsp;&nbsp; 9-1-2030 | 2000000 | &nbsp;&nbsp; 2031921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Garfield County Educational Facilities Authority Independent <br> School District No. 57 Enid Series A<br>| 5.00 | &nbsp;&nbsp; 9-1-2031 | 1145000 | &nbsp;&nbsp; 1163379 |
| &nbsp;&nbsp;&nbsp; Muskogee Industrial Trust Independent School District No. 20 | 4.00 | &nbsp;&nbsp; 9-1-2030 | 4440000 | &nbsp;&nbsp; 4522926 |
| &nbsp;&nbsp;&nbsp; Muskogee Industrial Trust Independent School District No. 20 | 4.00 | &nbsp;&nbsp; 9-1-2031 | 5520000 | &nbsp;&nbsp; 5600988 |
| &nbsp;&nbsp;&nbsp; Muskogee Industrial Trust Independent School District No. 20 | 4.00 | &nbsp;&nbsp; 9-1-2032 | 4000000 | &nbsp;&nbsp; 4037711 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority State University <br> Series A<br>| 5.25 | &nbsp;&nbsp; 6-1-2037 | 4535000 | &nbsp;&nbsp; 4998255 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pontotoc County Educational Facilities Authority Ada Public <br> Schools Project<br>| 4.00 | &nbsp;&nbsp; 9-1-2040 | 1000000 | &nbsp;&nbsp; 935429 |
|  |  |  |  | &nbsp;&nbsp; **23290609** |
| **Transportation revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Oklahoma Turnpike Authority Series A | 5.00 | &nbsp;&nbsp; 1-1-2042 | 1000000 | &nbsp;&nbsp; 1005724 |
| &nbsp;&nbsp;&nbsp; Oklahoma Turnpike Authority Series B%% | 5.00 | &nbsp;&nbsp; 1-1-2042 | 1000000 | &nbsp;&nbsp; 1081345 |
|  |  |  |  | &nbsp;&nbsp; **2087069** |
|  |  |  |  | &nbsp;&nbsp; **61489689** |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 45

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Oregon: 1.50%** |  |  |  |  |
| **Airport revenue: 1.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Port of Portland Airport Revenue Series 24B AMT | 5.00<br> %<br>| &nbsp;&nbsp; 7-1-2034 | $1905000 | &nbsp;&nbsp; $1935630 |
| &nbsp;&nbsp;&nbsp; Port of Portland Airport Revenue Series 30A AMT | 5.25 | &nbsp;&nbsp; 7-1-2049 | 48000000 | &nbsp;&nbsp; 50006765 |
| &nbsp;&nbsp;&nbsp; Port of Portland Airport Revenue Series 30A AMT | 5.25 | &nbsp;&nbsp; 7-1-2054 | 31000000 | &nbsp;&nbsp; 32084727 |
|  |  |  |  | &nbsp;&nbsp; **84027122** |
| **GO revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Washington County School District No. 13 Banks Series A CAB¤ | 0.00 | &nbsp;&nbsp; 6-15-2044 | 2500000 | &nbsp;&nbsp; 1010960 |
| &nbsp;&nbsp;&nbsp; Washington County School District No. 13 Banks Series A CAB¤ | 0.00 | &nbsp;&nbsp; 6-15-2051 | 5000000 | &nbsp;&nbsp; 1366489 |
|  |  |  |  | &nbsp;&nbsp; **2377449** |
| **Health revenue: 0.37%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Astoria Hospital Facilities Authority Columbia Lutheran Charities <br> Obligated Group<br>| 5.25 | &nbsp;&nbsp; 8-1-2054 | 4500000 | &nbsp;&nbsp; 4485669 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clackamas County Hospital Facility Authority Rose Villa, Inc. <br> Obligated Group Series A<br>| 5.13 | &nbsp;&nbsp; 11-15-2040 | 500000 | &nbsp;&nbsp; 500365 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clackamas County Hospital Facility Authority Rose Villa, Inc. <br> Obligated Group Series A<br>| 5.25 | &nbsp;&nbsp; 11-15-2050 | 500000 | &nbsp;&nbsp; 475397 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clackamas County Hospital Facility Authority Rose Villa, Inc. <br> Obligated Group Series A<br>| 5.38 | &nbsp;&nbsp; 11-15-2055 | 1000000 | &nbsp;&nbsp; 961943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medford Hospital Facilities Authority Asante Health System <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 8-15-2045 | 4390000 | &nbsp;&nbsp; 4447815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Medford Hospital Facilities Authority Asante Health System <br> Obligated Group Series A (AG Insured)<br>| 4.00 | &nbsp;&nbsp; 8-15-2045 | 13650000 | &nbsp;&nbsp; 12509810 |
| &nbsp;&nbsp;&nbsp; Oregon Health & Science University Obligated Group Series A | 4.00 | &nbsp;&nbsp; 7-1-2044 | 2000000 | &nbsp;&nbsp; 1883983 |
| &nbsp;&nbsp;&nbsp; Salem Hospital Facility Authority Health Obligated Group Series A | 5.00 | &nbsp;&nbsp; 5-15-2046 | 5000000 | &nbsp;&nbsp; 5010332 |
|  |  |  |  | &nbsp;&nbsp; **30275314** |
| **Utilities revenue: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Eugene Electric Utility System Revenue | 5.00 | &nbsp;&nbsp; 8-1-2049 | 4500000 | &nbsp;&nbsp; 4725970 |
| &nbsp;&nbsp;&nbsp; City of Eugene Electric Utility System Revenue Series A | 4.00 | &nbsp;&nbsp; 8-1-2045 | 1260000 | &nbsp;&nbsp; 1220455 |
| &nbsp;&nbsp;&nbsp; City of Eugene Electric Utility System Revenue Series A | 4.00 | &nbsp;&nbsp; 8-1-2049 | 800000 | &nbsp;&nbsp; 756258 |
|  |  |  |  | &nbsp;&nbsp; **6702683** |
|  |  |  |  | &nbsp;&nbsp; **123382568** |
| **Pennsylvania: 6.04%** |  |  |  |  |
| **Airport revenue: 0.50%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allegheny County Airport Authority Series A AMT | 5.00 | &nbsp;&nbsp; 1-1-2036 | 10000000 | &nbsp;&nbsp; 10555547 |
| &nbsp;&nbsp;&nbsp; Allegheny County Airport Authority Series A AMT (AG Insured) | 4.00 | &nbsp;&nbsp; 1-1-2046 | 2000000 | &nbsp;&nbsp; 1775104 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series B AMT | 5.00 | &nbsp;&nbsp; 7-1-2029 | 1000000 | &nbsp;&nbsp; 1033195 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series B AMT | 5.00 | &nbsp;&nbsp; 7-1-2031 | 750000 | &nbsp;&nbsp; 771517 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series B AMT | 5.00 | &nbsp;&nbsp; 7-1-2042 | 7860000 | &nbsp;&nbsp; 7895885 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series B AMT | 5.00 | &nbsp;&nbsp; 7-1-2047 | 9950000 | &nbsp;&nbsp; 9947707 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2041 | 1700000 | &nbsp;&nbsp; 1828153 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2045 | 2000000 | &nbsp;&nbsp; 2096708 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series C AMT | 4.00 | &nbsp;&nbsp; 7-1-2037 | 1695000 | &nbsp;&nbsp; 1676096 |

---

See accompanying notes to portfolio of investments

46 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Airport revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series C AMT | 4.00<br> %<br>| &nbsp;&nbsp; 7-1-2038 | $1260000 | &nbsp;&nbsp; $1228233 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Airport Revenue Series C AMT | 4.00 | &nbsp;&nbsp; 7-1-2039 | 1830000 | &nbsp;&nbsp; 1751006 |
|  |  |  |  | &nbsp;&nbsp; **40559151** |
| **Education revenue: 0.41%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allentown Commercial & IDA Executive Education Academy Charter <br> School144A<br>| 5.00 | &nbsp;&nbsp; 7-1-2035 | 1690000 | &nbsp;&nbsp; 1743717 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allentown Commercial & IDA Executive Education Academy Charter <br> School144A<br>| 5.00 | &nbsp;&nbsp; 7-1-2045 | 2500000 | &nbsp;&nbsp; 2399126 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allentown Commercial & IDA Executive Education Academy Charter <br> School144A<br>| 5.00 | &nbsp;&nbsp; 7-1-2050 | 1000000 | &nbsp;&nbsp; 940801 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northampton County General Purpose Authority Lehigh University <br> Series B (TD Bank N.A. SPA)ø<br>| 2.90 | &nbsp;&nbsp; 11-15-2039 | 10300000 | &nbsp;&nbsp; 10300000 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Education Assistance Agency Series 1A AMT | 5.00 | &nbsp;&nbsp; 6-1-2032 | 3000000 | &nbsp;&nbsp; 3219153 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Higher Education Assistance Agency Series 1A AMT | 5.00 | &nbsp;&nbsp; 6-1-2034 | 3000000 | &nbsp;&nbsp; 3173216 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Drexel <br> University Series A (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 5-1-2046 | 4885000 | &nbsp;&nbsp; 4995471 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Frankford Valley Foundation for Literacy144A | 5.00 | &nbsp;&nbsp; 6-15-2043 | 2500000 | &nbsp;&nbsp; 2403078 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA St. Joseph's University Series C | 4.00 | &nbsp;&nbsp; 11-1-2038 | 1000000 | &nbsp;&nbsp; 965360 |
| &nbsp;&nbsp;&nbsp; Philadelphia IDA Tacony Academy Charter School144A | 5.50 | &nbsp;&nbsp; 6-15-2043 | 1250000 | &nbsp;&nbsp; 1212677 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Public School Building Authority Community College Of <br> Philadelphia Series A (BAM Insured)<br>| 5.00 | &nbsp;&nbsp; 6-15-2026 | 2000000 | &nbsp;&nbsp; 2002331 |
|  |  |  |  | &nbsp;&nbsp; **33354930** |
| **GO revenue: 0.62%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Series A | 5.25 | &nbsp;&nbsp; 8-1-2044 | 2500000 | &nbsp;&nbsp; 2697221 |
| &nbsp;&nbsp;&nbsp; Cumberland Valley School District Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 11-15-2044 | 1275000 | &nbsp;&nbsp; 1329092 |
| &nbsp;&nbsp;&nbsp; Cumberland Valley School District Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 11-15-2047 | 3600000 | &nbsp;&nbsp; 3709241 |
| &nbsp;&nbsp;&nbsp; Interboro School District (AG Insured) | 5.50 | &nbsp;&nbsp; 8-15-2063 | 1580000 | &nbsp;&nbsp; 1678106 |
| &nbsp;&nbsp;&nbsp; North Pocono School District Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 9-15-2029 | 2170000 | &nbsp;&nbsp; 2249714 |
| &nbsp;&nbsp;&nbsp; North Pocono School District Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 9-15-2032 | 1750000 | &nbsp;&nbsp; 1798412 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series A | 4.00 | &nbsp;&nbsp; 9-1-2037 | 2365000 | &nbsp;&nbsp; 2379990 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series A | 4.00 | &nbsp;&nbsp; 9-1-2038 | 1700000 | &nbsp;&nbsp; 1702822 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series A | 5.00 | &nbsp;&nbsp; 9-1-2044 | 4140000 | &nbsp;&nbsp; 4197581 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series A (BAM Insured) | 4.00 | &nbsp;&nbsp; 9-1-2040 | 5500000 | &nbsp;&nbsp; 5460439 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series A (BAM Insured) | 4.00 | &nbsp;&nbsp; 9-1-2041 | 7000000 | &nbsp;&nbsp; 6873613 |
| &nbsp;&nbsp;&nbsp; School District of Philadelphia Series F | 5.00 | &nbsp;&nbsp; 9-1-2035 | 3820000 | &nbsp;&nbsp; 3854659 |
| &nbsp;&nbsp;&nbsp; State College Area School District | 5.00 | &nbsp;&nbsp; 3-15-2040 | 5000000 | &nbsp;&nbsp; 5000856 |
| &nbsp;&nbsp;&nbsp; West Mifflin School District (AG Insured) | 5.00 | &nbsp;&nbsp; 4-1-2026 | 1200000 | &nbsp;&nbsp; 1213181 |
| &nbsp;&nbsp;&nbsp; West Mifflin School District (AG Insured) | 5.00 | &nbsp;&nbsp; 4-1-2027 | 1000000 | &nbsp;&nbsp; 1023274 |
| &nbsp;&nbsp;&nbsp; Williamsport Area School District (AG Insured) | 4.00 | &nbsp;&nbsp; 3-1-2032 | 1440000 | &nbsp;&nbsp; 1440432 |
| &nbsp;&nbsp;&nbsp; Williamsport Area School District (AG Insured) | 4.00 | &nbsp;&nbsp; 3-1-2033 | 1490000 | &nbsp;&nbsp; 1490408 |
| &nbsp;&nbsp;&nbsp; Williamsport Area School District (AG Insured) | 4.00 | &nbsp;&nbsp; 3-1-2034 | 1555000 | &nbsp;&nbsp; 1555360 |
| &nbsp;&nbsp;&nbsp; Williamsport Area School District (AG Insured) | 4.00 | &nbsp;&nbsp; 3-1-2035 | 1205000 | &nbsp;&nbsp; 1205247 |
|  |  |  |  | &nbsp;&nbsp; **50859648** |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 47

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue: 1.53%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allegheny County Hospital Development Authority Health Network <br> Obligated Group Series A<br>| 5.00<br> %<br>| &nbsp;&nbsp; 4-1-2047 | $5000000 | &nbsp;&nbsp; $5000038 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allegheny County Hospital Development Authority UPMC Obligated <br> Group (SIFMA Municipal Swap+0.70%)±<br>| 3.59 | &nbsp;&nbsp; 11-15-2047 | 10000000 | &nbsp;&nbsp; 9915799 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allegheny County Hospital Development Authority UPMC Obligated <br> Group Series A<br>| 4.00 | &nbsp;&nbsp; 7-15-2039 | 2250000 | &nbsp;&nbsp; 2139152 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chester County HEFA Main Line Health System, Inc. Obligated <br> Group Series A<br>| 4.00 | &nbsp;&nbsp; 9-1-2050 | 3500000 | &nbsp;&nbsp; 3076627 |
| &nbsp;&nbsp;&nbsp; Geisinger Authority Kaiser Obligated Group Series A-1 | 4.00 | &nbsp;&nbsp; 2-15-2047 | 22000000 | &nbsp;&nbsp; 19803975 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospitals & Higher Education Facilities Authority of Philadelphia <br> Temple University Health System Obligated Group<br>| 5.00 | &nbsp;&nbsp; 7-1-2033 | 1000000 | &nbsp;&nbsp; 1015051 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospitals & Higher Education Facilities Authority of Philadelphia <br> Temple University Health System Obligated Group (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 7-1-2037 | 4175000 | &nbsp;&nbsp; 4494357 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster County Hospital Authority University of Pennsylvania <br> Health System Obligated Group<br>| 5.00 | &nbsp;&nbsp; 8-15-2046 | 10000000 | &nbsp;&nbsp; 10036493 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lancaster Municipal Authority Garden Spot Village Obligated Group <br> Series A<br>| 5.00 | &nbsp;&nbsp; 5-1-2044 | 1200000 | &nbsp;&nbsp; 1206613 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group<br>| 4.00 | &nbsp;&nbsp; 9-1-2035 | 2750000 | &nbsp;&nbsp; 2751154 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group<br>| 4.00 | &nbsp;&nbsp; 9-1-2038 | 1000000 | &nbsp;&nbsp; 961336 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group<br>| 5.00 | &nbsp;&nbsp; 9-1-2031 | 4100000 | &nbsp;&nbsp; 4418709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education & Health Authority Thomas <br> Jefferson University Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 9-1-2043 | 3085000 | &nbsp;&nbsp; 3122011 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northampton County General Purpose Authority St. Luke's Hospital <br> Obligated Group Series A-1 (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 8-15-2049 | 6000000 | &nbsp;&nbsp; 6118631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Northampton County General Purpose Authority St. Luke's Hospital <br> Obligated Group Series A-1 (AG Insured)<br>| 5.25 | &nbsp;&nbsp; 8-15-2053 | 10000000 | &nbsp;&nbsp; 10470284 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania EDFA Presbyterian Homes Obligated Group <br> Series B-1<br>| 5.25 | &nbsp;&nbsp; 7-1-2049 | 1250000 | &nbsp;&nbsp; 1243528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania EDFA Presbyterian Homes Obligated Group <br> Series B-2<br>| 5.25 | &nbsp;&nbsp; 7-1-2046 | 1500000 | &nbsp;&nbsp; 1507558 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA UPMC Obligated Group Series A | 4.00 | &nbsp;&nbsp; 2-15-2042 | 6000000 | &nbsp;&nbsp; 5534869 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA UPMC Obligated Group Series A | 4.00 | &nbsp;&nbsp; 11-15-2042 | 4000000 | &nbsp;&nbsp; 3614576 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA UPMC Obligated Group Series A | 5.00 | &nbsp;&nbsp; 2-15-2036 | 1000000 | &nbsp;&nbsp; 1078707 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA UPMC Obligated Group Series A | 5.00 | &nbsp;&nbsp; 2-15-2038 | 2150000 | &nbsp;&nbsp; 2282191 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA UPMC Obligated Group Series A | 5.00 | &nbsp;&nbsp; 2-15-2039 | 3500000 | &nbsp;&nbsp; 3684845 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA UPMC Obligated Group Series A-1 | 4.00 | &nbsp;&nbsp; 4-15-2045 | 6500000 | &nbsp;&nbsp; 5918268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Health System <br> Obligated Group<br>| 5.00 | &nbsp;&nbsp; 8-15-2049 | 7000000 | &nbsp;&nbsp; 7103213 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities Authority Health System <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 8-15-2042 | 3000000 | &nbsp;&nbsp; 3035951 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philadelphia IDA Children's Hospital of Philadelphia Obligated <br> Group Series B-2 (JPMorgan Chase Bank N.A. SPA)ø<br>| 3.70 | &nbsp;&nbsp; 7-1-2054 | 3000000 | &nbsp;&nbsp; 3000000 |
| &nbsp;&nbsp;&nbsp; Quakertown General Authority LifeQuest Obligated Group Series C | 4.50 | &nbsp;&nbsp; 7-1-2027 | 315000 | &nbsp;&nbsp; 310688 |
| &nbsp;&nbsp;&nbsp; Quakertown General Authority LifeQuest Obligated Group Series C | 5.00 | &nbsp;&nbsp; 7-1-2032 | 1000000 | &nbsp;&nbsp; 968523 |
| &nbsp;&nbsp;&nbsp; Westmoreland County IDA Excela Health Obligated Group Series A | 4.00 | &nbsp;&nbsp; 7-1-2037 | 625000 | &nbsp;&nbsp; 592994 |

---

See accompanying notes to portfolio of investments

48 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Westmoreland County IDA Excela Health Obligated Group Series A | 5.00<br> %<br>| &nbsp;&nbsp; 7-1-2029 | $700000 | &nbsp;&nbsp; $735482 |
| &nbsp;&nbsp;&nbsp; Westmoreland County IDA Excela Health Obligated Group Series A | 5.00 | &nbsp;&nbsp; 7-1-2030 | 550000 | &nbsp;&nbsp; 583040 |
|  |  |  |  | &nbsp;&nbsp; **125724663** |
| **Housing revenue: 0.86%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Chester County School Authority Intermediate Unit (BAM Insured) | 5.00 | &nbsp;&nbsp; 4-1-2041 | 1745000 | &nbsp;&nbsp; 1856461 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Bridges Finco LP | 5.00 | &nbsp;&nbsp; 12-31-2030 | 600000 | &nbsp;&nbsp; 606391 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Bridges Finco LP | 5.00 | &nbsp;&nbsp; 12-31-2034 | 16375000 | &nbsp;&nbsp; 16483820 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania EDFA Commonwealth of Pennsylvania Motor License <br> Fund AMT<br>| 5.75 | &nbsp;&nbsp; 6-30-2048 | 6000000 | &nbsp;&nbsp; 6205851 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania EDFA Commonwealth of Pennsylvania Motor License <br> Fund AMT<br>| 6.00 | &nbsp;&nbsp; 6-30-2061 | 2500000 | &nbsp;&nbsp; 2623291 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency | 4.45 | &nbsp;&nbsp; 10-1-2044 | 3000000 | &nbsp;&nbsp; 2969361 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency Series 142-A | 5.00 | &nbsp;&nbsp; 10-1-2043 | 5900000 | &nbsp;&nbsp; 6058658 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Housing Finance Agency Series 142-A | 5.50 | &nbsp;&nbsp; 10-1-2053 | 2575000 | &nbsp;&nbsp; 2730092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Public School Building Authority School District of <br> Philadelphia Series A<br>| 5.00 | &nbsp;&nbsp; 6-1-2034 | 1915000 | &nbsp;&nbsp; 1940407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Public School Building Authority School District of <br> Philadelphia Series A<br>| 5.00 | &nbsp;&nbsp; 6-1-2035 | 16715000 | &nbsp;&nbsp; 16921494 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Public School Building Authority School District of <br> Philadelphia Series A (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 6-1-2030 | 3800000 | &nbsp;&nbsp; 3890226 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State Public School Building Authority School District of <br> Philadelphia Series A (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 6-1-2031 | 5000000 | &nbsp;&nbsp; 5110030 |
| &nbsp;&nbsp;&nbsp; Waverly Township Municipal Authority (BAM Insured) | 4.00 | &nbsp;&nbsp; 2-15-2030 | 1065000 | &nbsp;&nbsp; 1100984 |
| &nbsp;&nbsp;&nbsp; Waverly Township Municipal Authority (BAM Insured) | 4.00 | &nbsp;&nbsp; 2-15-2031 | 1110000 | &nbsp;&nbsp; 1148951 |
| &nbsp;&nbsp;&nbsp; Waverly Township Municipal Authority (BAM Insured) | 4.00 | &nbsp;&nbsp; 2-15-2032 | 1155000 | &nbsp;&nbsp; 1192463 |
|  |  |  |  | &nbsp;&nbsp; **70838480** |
| **Miscellaneous revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Delaware Valley Regional Finance Authority Series C (Ambac <br> Insured)<br>| 7.75 | &nbsp;&nbsp; 7-1-2027 | 2635000 | &nbsp;&nbsp; 2864958 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Finance Authority Hills Project Series B (NPFGC <br> Insured)¤<br>| 0.00 | &nbsp;&nbsp; 12-1-2025 | 1060000 | &nbsp;&nbsp; 1054225 |
|  |  |  |  | &nbsp;&nbsp; **3919183** |
| **Resource recovery revenue: 0.46%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Noble Environmental, Inc.144A | 6.88 | &nbsp;&nbsp; 9-1-2047 | 10000000 | &nbsp;&nbsp; 10241649 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Republic Services, Inc. AMTøø | 3.70 | &nbsp;&nbsp; 6-1-2044 | 7000000 | &nbsp;&nbsp; 7000000 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Republic Services, Inc. Series A AMTøø | 3.85 | &nbsp;&nbsp; 4-1-2034 | 3750000 | &nbsp;&nbsp; 3749796 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Republic Services, Inc. Series Bøø | 3.25 | &nbsp;&nbsp; 12-1-2030 | 1000000 | &nbsp;&nbsp; 1000000 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Waste Management Obligated Group AMTøø | 3.85 | &nbsp;&nbsp; 8-1-2045 | 16000000 | &nbsp;&nbsp; 15997962 |
|  |  |  |  | &nbsp;&nbsp; **37989407** |
| **Tax revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone Development <br> Authority<br>| 5.00 | &nbsp;&nbsp; 5-1-2036 | 750000 | &nbsp;&nbsp; 795044 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 49

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Tax revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone Development <br> Authority<br>| 5.00<br> %<br>| &nbsp;&nbsp; 5-1-2042 | $2000000 | &nbsp;&nbsp; $2046229 |
| &nbsp;&nbsp;&nbsp; Southeastern Pennsylvania Transportation Authority | 5.25 | &nbsp;&nbsp; 6-1-2047 | 3000000 | &nbsp;&nbsp; 3138796 |
|  |  |  |  | &nbsp;&nbsp; **5980069** |
| **Tobacco revenue: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Commonwealth Financing Authority (AG Insured) | 4.00 | &nbsp;&nbsp; 6-1-2039 | 12000000 | &nbsp;&nbsp; **11776482** |
| **Transportation revenue: 1.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Parking System Revenue Series A (AG Insured) | 4.13 | &nbsp;&nbsp; 1-1-2044 | 1140000 | &nbsp;&nbsp; 1093402 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Parking System Revenue Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 1-1-2032 | 2110000 | &nbsp;&nbsp; 2356611 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Parking System Revenue Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 1-1-2033 | 2455000 | &nbsp;&nbsp; 2708372 |
| &nbsp;&nbsp;&nbsp; Pennsylvania EDFA Parking System Revenue Series A (AG Insured) | 5.00 | &nbsp;&nbsp; 1-1-2039 | 1500000 | &nbsp;&nbsp; 1540278 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Oil Franchise Tax Revenue <br> Series B<br>| 5.00 | &nbsp;&nbsp; 12-1-2043 | 6000000 | &nbsp;&nbsp; 6126962 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Oil Franchise Tax Revenue <br> Series B<br>| 5.25 | &nbsp;&nbsp; 12-1-2048 | 5145000 | &nbsp;&nbsp; 5217435 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series 1st | 5.00 | &nbsp;&nbsp; 12-1-2040 | 1000000 | &nbsp;&nbsp; 1075121 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series 1st | 5.00 | &nbsp;&nbsp; 12-1-2041 | 3000000 | &nbsp;&nbsp; 3200035 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series 2nd | 5.00 | &nbsp;&nbsp; 12-1-2035 | 9900000 | &nbsp;&nbsp; 10256364 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series A | 5.00 | &nbsp;&nbsp; 12-1-2044 | 8905000 | &nbsp;&nbsp; 9015532 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 12-1-2049 | 8095000 | &nbsp;&nbsp; 7371644 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series A-1 | 5.00 | &nbsp;&nbsp; 12-1-2041 | 9345000 | &nbsp;&nbsp; 9355850 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series A-1 | 5.00 | &nbsp;&nbsp; 12-1-2047 | 1750000 | &nbsp;&nbsp; 1768211 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series B | 4.00 | &nbsp;&nbsp; 12-1-2046 | 3000000 | &nbsp;&nbsp; 2741333 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series B | 5.25 | &nbsp;&nbsp; 12-1-2052 | 8250000 | &nbsp;&nbsp; 8610458 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series B-1 | 5.00 | &nbsp;&nbsp; 6-1-2028 | 1450000 | &nbsp;&nbsp; 1503959 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series B-1 | 5.25 | &nbsp;&nbsp; 6-1-2047 | 9960000 | &nbsp;&nbsp; 10038296 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series B-2 | 5.00 | &nbsp;&nbsp; 6-1-2027 | 1260000 | &nbsp;&nbsp; 1311926 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series B-2 | 5.00 | &nbsp;&nbsp; 6-1-2031 | 5000000 | &nbsp;&nbsp; 5184148 |
| &nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission Series C | 5.00 | &nbsp;&nbsp; 12-1-2046 | 4125000 | &nbsp;&nbsp; 4239462 |
|  |  |  |  | &nbsp;&nbsp; **94715399** |
| **Utilities revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Philadelphia Gas Works Co. Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 8-1-2045 | 5000000 | &nbsp;&nbsp; **4711285** |
| **Water & sewer revenue: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Water & Wastewater Revenue Series B | 5.00 | &nbsp;&nbsp; 7-1-2033 | 8000000 | &nbsp;&nbsp; 8010952 |
| &nbsp;&nbsp;&nbsp; City of Philadelphia Water & Wastewater Revenue Series C | 5.00 | &nbsp;&nbsp; 6-1-2042 | 2200000 | &nbsp;&nbsp; 2309414 |
| &nbsp;&nbsp;&nbsp; Luzerne County IDA Pennsylvania-American Water Co. AMTøø | 2.45 | &nbsp;&nbsp; 12-1-2039 | 5500000 | &nbsp;&nbsp; 5079799 |
|  |  |  |  | &nbsp;&nbsp; **15400165** |
|  |  |  |  | &nbsp;&nbsp; **495828862** |
| **Rhode Island: 0.28%** |  |  |  |  |
| **Airport revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Rhode Island Commerce Corp. Airport Corp. | 5.00 | &nbsp;&nbsp; 7-1-2031 | 2115000 | &nbsp;&nbsp; **2213423** |

---

See accompanying notes to portfolio of investments

50 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rhode Island Health & Educational Building Corp. Providence <br> College Series A<br>| 5.00<br> %<br>| &nbsp;&nbsp; 11-1-2046 | $1855000 | &nbsp;&nbsp; **$1892013** |
| **Housing revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Providence Public Building Authority Capital Improvement Projects <br> Series A (AG Insured)<br>| 5.25 | &nbsp;&nbsp; 9-15-2044 | 1000000 | &nbsp;&nbsp; **1056953** |
| **Miscellaneous revenue: 0.09%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rhode Island Health & Educational Building Corp. City of <br> Providence Series G (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 5-15-2042 | 2000000 | &nbsp;&nbsp; 2142182 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rhode Island Health & Educational Building Corp. City of <br> Providence Series G (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 5-15-2043 | 2335000 | &nbsp;&nbsp; 2483300 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rhode Island Health & Educational Building Corp. City of <br> Providence Series G (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 5-15-2044 | 2100000 | &nbsp;&nbsp; 2221729 |
|  |  |  |  | &nbsp;&nbsp; **6847211** |
| **Tax revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Rhode Island Turnpike & Bridge Authority Series A | 5.00 | &nbsp;&nbsp; 10-1-2040 | 10640000 | &nbsp;&nbsp; **10684509** |
|  |  |  |  | &nbsp;&nbsp; **22694109** |
| **South Carolina: 1.21%** |  |  |  |  |
| **Education revenue: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; University of South Carolina Series A | 5.00 | &nbsp;&nbsp; 5-1-2043 | 8155000 | &nbsp;&nbsp; **8231156** |
| **Health revenue: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-EDA Novant Health Obligated Group Series A | 5.50 | &nbsp;&nbsp; 11-1-2046 | 6000000 | &nbsp;&nbsp; **6378755** |
| **Housing revenue: 0.00%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2023-<br> XF3079 (Mizuho Capital Markets LLC LOC, Mizuho Capital <br> Markets LLC LIQ)144Aø<br>| 3.17 | &nbsp;&nbsp; 7-1-2028 | 236000 | &nbsp;&nbsp; **236000** |
| **Utilities revenue: 1.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency Series A1øø | 5.25 | &nbsp;&nbsp; 10-1-2054 | 2000000 | &nbsp;&nbsp; 2178953 |
| &nbsp;&nbsp;&nbsp; Patriots Energy Group Financing Agency Series B-1øø | 5.25 | &nbsp;&nbsp; 2-1-2054 | 10000000 | &nbsp;&nbsp; 10914187 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority Series A | 4.00 | &nbsp;&nbsp; 12-1-2040 | 1500000 | &nbsp;&nbsp; 1446642 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority Series B (AG Insured) | 5.00 | &nbsp;&nbsp; 12-1-2049 | 17500000 | &nbsp;&nbsp; 18175628 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority Series B (AG Insured) | 5.00 | &nbsp;&nbsp; 12-1-2054 | 18000000 | &nbsp;&nbsp; 18579515 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority Series E | 5.75 | &nbsp;&nbsp; 12-1-2047 | 31250000 | &nbsp;&nbsp; 33656813 |
|  |  |  |  | &nbsp;&nbsp; **84951738** |
|  |  |  |  | &nbsp;&nbsp; **99797649** |
| **South Dakota: 0.39%** |  |  |  |  |
| **GO revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Lincoln COP | 5.00 | &nbsp;&nbsp; 12-1-2048 | 6000000 | &nbsp;&nbsp; **6201359** |
| **Health revenue: 0.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; South Dakota HEFA Avera Health Obligated Group | 5.00 | &nbsp;&nbsp; 7-1-2046 | 10000000 | &nbsp;&nbsp; 10048792 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 51

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; South Dakota HEFA Avera Health Obligated Group Series A | 5.25<br> %<br>| &nbsp;&nbsp; 7-1-2054 | $10000000 | &nbsp;&nbsp; $10466558 |
| &nbsp;&nbsp;&nbsp; South Dakota HEFA Sanford Obligated Group Series B | 5.00 | &nbsp;&nbsp; 11-1-2040 | 1200000 | &nbsp;&nbsp; 1298934 |
|  |  |  |  | &nbsp;&nbsp; **21814284** |
| **Housing revenue: 0.05%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Dakota Board of Regents Housing & Auxiliary Facilities <br> System<br>| 5.00 | &nbsp;&nbsp; 4-1-2026 | 1540000 | &nbsp;&nbsp; 1557991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Dakota Board of Regents Housing & Auxiliary Facilities <br> System<br>| 5.00 | &nbsp;&nbsp; 4-1-2032 | 1010000 | &nbsp;&nbsp; 1046418 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Dakota Board of Regents Housing & Auxiliary Facilities <br> System<br>| 5.00 | &nbsp;&nbsp; 4-1-2033 | 1250000 | &nbsp;&nbsp; 1291845 |
|  |  |  |  | &nbsp;&nbsp; **3896254** |
|  |  |  |  | &nbsp;&nbsp; **31911897** |
| **Tennessee: 2.15%** |  |  |  |  |
| **Airport revenue: 0.32%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Metropolitan Knoxville Airport Authority Series A | 5.25 | &nbsp;&nbsp; 6-1-2049 | 4250000 | &nbsp;&nbsp; 4466553 |
| &nbsp;&nbsp;&nbsp; Metropolitan Nashville Airport Authority Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2047 | 15750000 | &nbsp;&nbsp; 16234654 |
| &nbsp;&nbsp;&nbsp; Metropolitan Nashville Airport Authority Series B AMT | 5.50 | &nbsp;&nbsp; 7-1-2052 | 5000000 | &nbsp;&nbsp; 5203911 |
|  |  |  |  | &nbsp;&nbsp; **25905118** |
| **Health revenue: 0.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chattanooga Health Educational & Housing Facility Board Erlanger <br> Health Obligated Group<br>| 5.25 | &nbsp;&nbsp; 12-1-2049 | 8500000 | &nbsp;&nbsp; 8846013 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County Health & <br> Educational Facilities Board Vanderbilt University Medical Center <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 7-1-2046 | 4000000 | &nbsp;&nbsp; 4004407 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County Health & <br> Educational Facilities Board Vanderbilt University Medical Center <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 7-1-2048 | 2750000 | &nbsp;&nbsp; 2751848 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Shelby County Health Educational & Housing Facilities Board <br> Methodist Le Bonheur Healthcare Obligated Group Series A (AG <br> Insured)<br>| 5.00 | &nbsp;&nbsp; 6-1-2035 | 16000000 | &nbsp;&nbsp; 17679648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2022-<br> BAML5024 (Bank of America N.A. LOC, Bank of America N.A. <br> LIQ)144Aø<br>| 3.58 | &nbsp;&nbsp; 9-1-2036 | 3965000 | &nbsp;&nbsp; 3965000 |
|  |  |  |  | &nbsp;&nbsp; **37246916** |
| **Miscellaneous revenue: 0.11%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County Sports <br> Authority Stadium Project Series A (AG Insured)<br>| 5.25 | &nbsp;&nbsp; 7-1-2048 | 4000000 | &nbsp;&nbsp; 4193525 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County Sports <br> Authority Stadium Project Series B (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 7-1-2041 | 2015000 | &nbsp;&nbsp; 2131091 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County Sports <br> Authority Stadium Project Series B (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 7-1-2043 | 2515000 | &nbsp;&nbsp; 2618197 |
|  |  |  |  | &nbsp;&nbsp; **8942813** |
| **Utilities revenue: 1.27%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Tennergy Corp. Series Aøø | 4.00 | &nbsp;&nbsp; 12-1-2051 | 29050000 | &nbsp;&nbsp; 29764523 |

---

See accompanying notes to portfolio of investments

52 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Utilities revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Tennergy Corp. Series Aøø | 5.50<br> %<br>| &nbsp;&nbsp; 10-1-2053 | $10000000 | &nbsp;&nbsp; $10792224 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp.øø | 4.00 | &nbsp;&nbsp; 11-1-2049 | 25000000 | &nbsp;&nbsp; 25027137 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp. Gas Project Series A-1øø | 5.00 | &nbsp;&nbsp; 5-1-2053 | 13000000 | &nbsp;&nbsp; 13571331 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp. Series A | 5.00 | &nbsp;&nbsp; 12-1-2035 | 20000000 | &nbsp;&nbsp; 21629698 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp. Series Aøø | 5.00 | &nbsp;&nbsp; 5-1-2052 | 2640000 | &nbsp;&nbsp; 2839918 |
| &nbsp;&nbsp;&nbsp; Tennessee Energy Acquisition Corp. Series A | 5.25 | &nbsp;&nbsp; 9-1-2026 | 605000 | &nbsp;&nbsp; 614317 |
|  |  |  |  | &nbsp;&nbsp; **104239148** |
|  |  |  |  | &nbsp;&nbsp; **176333995** |
| **Texas: 8.91%** |  |  |  |  |
| **Airport revenue: 0.50%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Austin Airport System Revenue AMT | 5.00 | &nbsp;&nbsp; 11-15-2039 | 8000000 | &nbsp;&nbsp; 8002522 |
| &nbsp;&nbsp;&nbsp; City of Austin Airport System Revenue AMT | 5.00 | &nbsp;&nbsp; 11-15-2040 | 3000000 | &nbsp;&nbsp; 3129060 |
| &nbsp;&nbsp;&nbsp; City of Austin Airport System Revenue AMT | 5.00 | &nbsp;&nbsp; 11-15-2044 | 3500000 | &nbsp;&nbsp; 3500043 |
| &nbsp;&nbsp;&nbsp; City of Houston Airport System Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2041 | 4750000 | &nbsp;&nbsp; 4789107 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport Series A-1 AMT%% | 5.25 | &nbsp;&nbsp; 11-1-2043 | 5000000 | &nbsp;&nbsp; 5281203 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport Series A-2 AMTøø%% | 5.00 | &nbsp;&nbsp; 11-1-2050 | 5000000 | &nbsp;&nbsp; 5402956 |
| &nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport Series B | 5.00 | &nbsp;&nbsp; 11-1-2050 | 8000000 | &nbsp;&nbsp; 8175566 |
| &nbsp;&nbsp;&nbsp; Port Authority of Houston of Harris County | 4.00 | &nbsp;&nbsp; 10-1-2039 | 2500000 | &nbsp;&nbsp; 2491939 |
|  |  |  |  | &nbsp;&nbsp; **40772396** |
| **Education revenue: 0.45%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp. BASIS Texas Charter <br> Schools, Inc.144A<br>| 4.88 | &nbsp;&nbsp; 6-15-2059 | 1000000 | &nbsp;&nbsp; 881469 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp. BASIS Texas Charter <br> Schools, Inc.144A<br>| 5.00 | &nbsp;&nbsp; 6-15-2064 | 1200000 | &nbsp;&nbsp; 1059718 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp. BASIS Texas Charter <br> Schools, Inc.144A<br>| 5.13 | &nbsp;&nbsp; 6-15-2040 | 2735000 | &nbsp;&nbsp; 2751774 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp. School of Excellence in <br> Education Series A144A<br>| 6.00 | &nbsp;&nbsp; 2-15-2042 | 500000 | &nbsp;&nbsp; 482459 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp. IDEA Public Schools <br> Series A<br>| 4.00 | &nbsp;&nbsp; 8-15-2047 | 3000000 | &nbsp;&nbsp; 2645059 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp. IDEA Public Schools <br> Series T<br>| 4.00 | &nbsp;&nbsp; 8-15-2047 | 2500000 | &nbsp;&nbsp; 2303062 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp. International Leadership of <br> Texas, Inc. Series A<br>| 5.25 | &nbsp;&nbsp; 2-15-2045 | 4225000 | &nbsp;&nbsp; 4439163 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp. Series Bøø | 4.00 | &nbsp;&nbsp; 2-15-2055 | 8000000 | &nbsp;&nbsp; 8325334 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp. Valor Texas Education <br> Foundation Series A144A<br>| 5.50 | &nbsp;&nbsp; 6-15-2033 | 2945000 | &nbsp;&nbsp; 2995354 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp. Valor Texas Education <br> Foundation Series A144A<br>| 6.00 | &nbsp;&nbsp; 6-15-2048 | 3000000 | &nbsp;&nbsp; 2816119 |
| &nbsp;&nbsp;&nbsp; Southwest Higher Education Authority, Inc. Methodist University | 5.00 | &nbsp;&nbsp; 10-1-2030 | 1460000 | &nbsp;&nbsp; 1518034 |
| &nbsp;&nbsp;&nbsp; Southwest Higher Education Authority, Inc. Methodist University | 5.00 | &nbsp;&nbsp; 10-1-2032 | 650000 | &nbsp;&nbsp; 672646 |
| &nbsp;&nbsp;&nbsp; Southwest Higher Education Authority, Inc. Methodist University | 5.00 | &nbsp;&nbsp; 10-1-2039 | 750000 | &nbsp;&nbsp; 762582 |
| &nbsp;&nbsp;&nbsp; Southwest Higher Education Authority, Inc. Methodist University | 5.00 | &nbsp;&nbsp; 10-1-2040 | 1000000 | &nbsp;&nbsp; 1015364 |
| &nbsp;&nbsp;&nbsp; Southwest Higher Education Authority, Inc. Methodist University | 5.00 | &nbsp;&nbsp; 10-1-2041 | 900000 | &nbsp;&nbsp; 911720 |
| &nbsp;&nbsp;&nbsp; University of Houston Series A | 5.00 | &nbsp;&nbsp; 2-15-2047 | 3000000 | &nbsp;&nbsp; 3096570 |
|  |  |  |  | &nbsp;&nbsp; **36676427** |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 53

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **GO revenue: 2.62%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Alamo Community College District | 5.00<br> %<br>| &nbsp;&nbsp; 8-15-2040 | $2500000 | &nbsp;&nbsp; $2688813 |
| &nbsp;&nbsp;&nbsp; Alamo Community College District | 5.00 | &nbsp;&nbsp; 8-15-2046 | 6150000 | &nbsp;&nbsp; 6415390 |
| &nbsp;&nbsp;&nbsp; City of Aubrey Series A (AG Insured) | 4.00 | &nbsp;&nbsp; 2-15-2049 | 3000000 | &nbsp;&nbsp; 2696486 |
| &nbsp;&nbsp;&nbsp; City of Bastrop | 4.00 | &nbsp;&nbsp; 8-1-2045 | 5715000 | &nbsp;&nbsp; 5307370 |
| &nbsp;&nbsp;&nbsp; City of DeSoto | 4.00 | &nbsp;&nbsp; 2-15-2041 | 2340000 | &nbsp;&nbsp; 2267852 |
| &nbsp;&nbsp;&nbsp; City of El Paso | 4.00 | &nbsp;&nbsp; 8-15-2031 | 6500000 | &nbsp;&nbsp; 6550940 |
| &nbsp;&nbsp;&nbsp; City of Georgetown | 4.00 | &nbsp;&nbsp; 8-15-2043 | 2140000 | &nbsp;&nbsp; 2059597 |
| &nbsp;&nbsp;&nbsp; City of Houston Series A | 4.00 | &nbsp;&nbsp; 3-1-2034 | 1000000 | &nbsp;&nbsp; 1007962 |
| &nbsp;&nbsp;&nbsp; City of Houston Series A | 5.25 | &nbsp;&nbsp; 3-1-2049 | 20000000 | &nbsp;&nbsp; 21299374 |
| &nbsp;&nbsp;&nbsp; City of Hutto (BAM Insured) | 4.13 | &nbsp;&nbsp; 8-1-2049 | 5000000 | &nbsp;&nbsp; 4710665 |
| &nbsp;&nbsp;&nbsp; City of Palestine (AG Insured) | 4.00 | &nbsp;&nbsp; 2-15-2051 | 4000000 | &nbsp;&nbsp; 3563360 |
| &nbsp;&nbsp;&nbsp; City of Port Isabel144A | 5.10 | &nbsp;&nbsp; 2-15-2049 | 880000 | &nbsp;&nbsp; 838996 |
| &nbsp;&nbsp;&nbsp; City of San Antonio | 5.00 | &nbsp;&nbsp; 2-1-2039 | 2355000 | &nbsp;&nbsp; 2586802 |
| &nbsp;&nbsp;&nbsp; City of San Antonio | 5.00 | &nbsp;&nbsp; 2-1-2045 | 3095000 | &nbsp;&nbsp; 3254326 |
| &nbsp;&nbsp;&nbsp; City of Sugar Land | 5.00 | &nbsp;&nbsp; 2-15-2030 | 1250000 | &nbsp;&nbsp; 1286674 |
| &nbsp;&nbsp;&nbsp; City of Waco Series A | 5.25 | &nbsp;&nbsp; 2-1-2054 | 6000000 | &nbsp;&nbsp; 6357302 |
| &nbsp;&nbsp;&nbsp; County of Dallas | 5.00 | &nbsp;&nbsp; 8-15-2042 | 4275000 | &nbsp;&nbsp; 4537862 |
| &nbsp;&nbsp;&nbsp; County of Travis Series A | 5.00 | &nbsp;&nbsp; 3-1-2036 | 12470000 | &nbsp;&nbsp; 13165671 |
| &nbsp;&nbsp;&nbsp; County of Travis Series A | 5.00 | &nbsp;&nbsp; 3-1-2039 | 6250000 | &nbsp;&nbsp; 6520970 |
| &nbsp;&nbsp;&nbsp; Denton Independent School District | 5.00 | &nbsp;&nbsp; 8-15-2053 | 8000000 | &nbsp;&nbsp; 8251776 |
| &nbsp;&nbsp;&nbsp; Denton Independent School District Series B1øø | 4.00 | &nbsp;&nbsp; 8-15-2055 | 5000000 | &nbsp;&nbsp; 5199263 |
| &nbsp;&nbsp;&nbsp; El Paso County Hospital District (AG Insured) | 5.00 | &nbsp;&nbsp; 8-15-2042 | 4615000 | &nbsp;&nbsp; 4864963 |
| &nbsp;&nbsp;&nbsp; El Paso County Hospital District (AG Insured) | 5.00 | &nbsp;&nbsp; 8-15-2043 | 3500000 | &nbsp;&nbsp; 3665190 |
| &nbsp;&nbsp;&nbsp; Fort Worth Independent School District | 5.00 | &nbsp;&nbsp; 2-15-2047 | 5935000 | &nbsp;&nbsp; 6017048 |
| &nbsp;&nbsp;&nbsp; Harris County Flood Control District Series A | 4.00 | &nbsp;&nbsp; 9-15-2042 | 3545000 | &nbsp;&nbsp; 3434797 |
| &nbsp;&nbsp;&nbsp; Hays Consolidated Independent School District | 5.25 | &nbsp;&nbsp; 2-15-2042 | 1500000 | &nbsp;&nbsp; 1633439 |
| &nbsp;&nbsp;&nbsp; Hays Consolidated Independent School District | 5.25 | &nbsp;&nbsp; 2-15-2043 | 2000000 | &nbsp;&nbsp; 2168555 |
| &nbsp;&nbsp;&nbsp; Montgomery County Municipal Utility District No. 108 (AG Insured) | 4.00 | &nbsp;&nbsp; 9-1-2050 | 4260000 | &nbsp;&nbsp; 3659452 |
| &nbsp;&nbsp;&nbsp; Nacogdoches Independent School District | 5.00 | &nbsp;&nbsp; 2-15-2049 | 8560000 | &nbsp;&nbsp; 8775155 |
| &nbsp;&nbsp;&nbsp; Northside Independent School Districtøø | 3.55 | &nbsp;&nbsp; 6-1-2050 | 4500000 | &nbsp;&nbsp; 4562611 |
| &nbsp;&nbsp;&nbsp; Pasadena Independent School District | 5.00 | &nbsp;&nbsp; 2-15-2047 | 6250000 | &nbsp;&nbsp; 6442857 |
| &nbsp;&nbsp;&nbsp; Salado Independent School District | 5.00 | &nbsp;&nbsp; 2-15-2049 | 1605000 | &nbsp;&nbsp; 1625573 |
| &nbsp;&nbsp;&nbsp; San Antonio Independent School District | 5.00 | &nbsp;&nbsp; 8-15-2048 | 10140000 | &nbsp;&nbsp; 10143328 |
| &nbsp;&nbsp;&nbsp; Socorro Independent School District | 4.00 | &nbsp;&nbsp; 8-15-2040 | 5000000 | &nbsp;&nbsp; 5002016 |
| &nbsp;&nbsp;&nbsp; Splendora Independent School District | 5.00 | &nbsp;&nbsp; 2-15-2054 | 8820000 | &nbsp;&nbsp; 9046422 |
| &nbsp;&nbsp;&nbsp; Spring Independent School District | 5.25 | &nbsp;&nbsp; 8-15-2045 | 6315000 | &nbsp;&nbsp; 6860290 |
| &nbsp;&nbsp;&nbsp; State of Texas Series C (FHLB SPA)ø | 2.90 | &nbsp;&nbsp; 6-1-2042 | 3900000 | &nbsp;&nbsp; 3900000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2023-<br> XG0506 (Toronto-Dominion Bank LIQ)144Aø<br>| 2.93 | &nbsp;&nbsp; 8-1-2053 | 5285000 | &nbsp;&nbsp; 5285000 |
| &nbsp;&nbsp;&nbsp; Viridian Municipal Management District (BAM Insured) | 4.00 | &nbsp;&nbsp; 12-1-2033 | 555000 | &nbsp;&nbsp; 555200 |
| &nbsp;&nbsp;&nbsp; Viridian Municipal Management District (BAM Insured) | 4.00 | &nbsp;&nbsp; 12-1-2034 | 1465000 | &nbsp;&nbsp; 1465379 |
| &nbsp;&nbsp;&nbsp; Viridian Municipal Management District (BAM Insured) | 4.00 | &nbsp;&nbsp; 12-1-2035 | 1520000 | &nbsp;&nbsp; 1520222 |
| &nbsp;&nbsp;&nbsp; Viridian Municipal Management District (BAM Insured) | 4.00 | &nbsp;&nbsp; 12-1-2036 | 1585000 | &nbsp;&nbsp; 1585058 |
| &nbsp;&nbsp;&nbsp; Waller Consolidated Independent School District (BAM Insured) | 5.00 | &nbsp;&nbsp; 2-15-2041 | 5005000 | &nbsp;&nbsp; 5316559 |
| &nbsp;&nbsp;&nbsp; Waller Consolidated Independent School District (BAM Insured) | 5.00 | &nbsp;&nbsp; 2-15-2043 | 6885000 | &nbsp;&nbsp; 7232049 |
|  |  |  |  | &nbsp;&nbsp; **215328614** |

---

See accompanying notes to portfolio of investments

54 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue: 0.56%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance Corp. Texas <br> Children's Hospital Obligated Group<br>| 5.00<br> %<br>| &nbsp;&nbsp; 10-1-2027 | $3000000 | &nbsp;&nbsp; $3003221 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance Corp. Texas <br> Children's Hospital Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 10-1-2037 | 3000000 | &nbsp;&nbsp; 2990587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance Corp. Texas <br> Children's Hospital Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 10-1-2038 | 2300000 | &nbsp;&nbsp; 2269592 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance Corp. Texas <br> Children's Hospital Obligated Group Series A (BAM Insured)<br>| 4.00 | &nbsp;&nbsp; 10-1-2037 | 3000000 | &nbsp;&nbsp; 3019497 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Harris County Cultural Education Facilities Finance Corp. Texas <br> Children's Hospital Obligated Group Series A (BAM Insured)<br>| 4.00 | &nbsp;&nbsp; 10-1-2038 | 3000000 | &nbsp;&nbsp; 3001926 |
| &nbsp;&nbsp;&nbsp; Midland County Hospital District Series A (BAM Insured) | 5.25 | &nbsp;&nbsp; 5-15-2054 | 3000000 | &nbsp;&nbsp; 3111577 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp. Children's <br> Health System of Texas Obligated Group Series A<br>| 4.00 | &nbsp;&nbsp; 8-15-2033 | 2050000 | &nbsp;&nbsp; 2062597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp. Children's <br> Health System of Texas Obligated Group Series A<br>| 5.25 | &nbsp;&nbsp; 8-15-2045 | 10000000 | &nbsp;&nbsp; 10742824 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp. Baylor <br> Scott & White Health Obligated Group Series D<br>| 5.50 | &nbsp;&nbsp; 11-15-2047 | 7025000 | &nbsp;&nbsp; 7411648 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp. <br> CHRISTUS Health Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 7-1-2053 | 5625000 | &nbsp;&nbsp; 5711852 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp. <br> Cumberland Rest, Inc. Obligated Group<br>| 5.00 | &nbsp;&nbsp; 10-1-2044 | 1375000 | &nbsp;&nbsp; 1369209 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp. <br> Cumberland Rest, Inc. Obligated Group<br>| 5.00 | &nbsp;&nbsp; 10-1-2049 | 1000000 | &nbsp;&nbsp; 970890 |
|  |  |  |  | &nbsp;&nbsp; **45665420** |
| **Housing revenue: 0.26%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mizuho Floater/Residual Trust Series 2024-MIZ9158 (Mizuho Capital <br> Markets LLC LOC, Mizuho Capital Markets LLC LIQ)144Aø<br>| 3.12 | &nbsp;&nbsp; 3-1-2038 | 1120000 | &nbsp;&nbsp; 1120000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp. Bella Vida <br> Forefront Living Obligated Group Series 2025B-2<br>| 4.63 | &nbsp;&nbsp; 10-1-2030 | 2775000 | &nbsp;&nbsp; 2792768 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Department of Housing & Community Affairs Series A (GNMA <br> Insured)<br>| 5.13 | &nbsp;&nbsp; 9-1-2048 | 3000000 | &nbsp;&nbsp; 3059698 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Department of Housing & Community Affairs Series A (GNMA <br> Insured)<br>| 5.25 | &nbsp;&nbsp; 9-1-2053 | 3000000 | &nbsp;&nbsp; 3069171 |
| &nbsp;&nbsp;&nbsp; Texas PFA Facilities Commission | 4.00 | &nbsp;&nbsp; 2-1-2036 | 2175000 | &nbsp;&nbsp; 2215664 |
| &nbsp;&nbsp;&nbsp; Texas PFA Facilities Commission Series 2019 | 4.00 | &nbsp;&nbsp; 2-1-2034 | 5000000 | &nbsp;&nbsp; 5137560 |
| &nbsp;&nbsp;&nbsp; Texas PFA Facilities Commission Series 2019 | 4.00 | &nbsp;&nbsp; 2-1-2035 | 2000000 | &nbsp;&nbsp; 2046580 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Travis County Housing Finance Corp. Austin Gateway <br> Apartments LPøø<br>| 4.13 | &nbsp;&nbsp; 6-1-2045 | 2000000 | &nbsp;&nbsp; 2003475 |
|  |  |  |  | &nbsp;&nbsp; **21444916** |
| **Industrial development revenue: 0.37%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Houston Airport System Revenue United Airlines, Inc. <br> Series B-2 AMT<br>| 5.00 | &nbsp;&nbsp; 7-15-2027 | 2500000 | &nbsp;&nbsp; 2544726 |
| &nbsp;&nbsp;&nbsp; Harris County Industrial Development Corp. Energy Transfer LPøø | 4.05 | &nbsp;&nbsp; 11-1-2050 | 5000000 | &nbsp;&nbsp; 5131515 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port of Arthur Navigation District Industrial Development Corp. <br> TotalEnergies Petrochemicals & Refining USA, Inc.ø<br>| 2.92 | &nbsp;&nbsp; 6-1-2041 | 20000000 | &nbsp;&nbsp; 20000000 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 55

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Industrial development revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port of Beaumont Navigation District Jefferson 2020 Bond Lessee & <br> Borrower LLC Obligated Group Series A AMT144A<br>| 5.13<br> %<br>| &nbsp;&nbsp; 1-1-2044 | $2000000 | &nbsp;&nbsp; $1926868 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port of Beaumont Navigation District Jefferson 2020 Bond Lessee & <br> Borrower LLC Obligated Group Series A AMT144A<br>| 5.25 | &nbsp;&nbsp; 1-1-2054 | 1000000 | &nbsp;&nbsp; 950320 |
|  |  |  |  | &nbsp;&nbsp; **30553429** |
| **Miscellaneous revenue: 0.62%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greater Texoma Utility Authority City of Sherman Water & Sewer <br> System Revenue (AG Insured)<br>| 5.00 | &nbsp;&nbsp; 10-1-2048 | 20000000 | &nbsp;&nbsp; 20462950 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greater Texoma Utility Authority City of Sherman Water & Sewer <br> System Revenue (BAM Insured)<br>| 5.00 | &nbsp;&nbsp; 10-1-2040 | 1000000 | &nbsp;&nbsp; 1063008 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greater Texoma Utility Authority City of Sherman Water & Sewer <br> System Revenue (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 10-1-2044 | 2000000 | &nbsp;&nbsp; 2112392 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greater Texoma Utility Authority City of Sherman Water & Sewer <br> System Revenue Series A (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 10-1-2048 | 10000000 | &nbsp;&nbsp; 10397800 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greater Texoma Utility Authority City of Sherman Water & Sewer <br> System Revenue Series R (BAM Insured)<br>| 5.00 | &nbsp;&nbsp; 10-1-2049 | 10000000 | &nbsp;&nbsp; 10215780 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lower Colorado River Authority Transmission Services Corp. <br> Series A<br>| 5.50 | &nbsp;&nbsp; 5-15-2047 | 1990000 | &nbsp;&nbsp; 2107556 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lower Colorado River Authority Transmission Services Corp. <br> Series A (AG Insured)<br>| 4.00 | &nbsp;&nbsp; 5-15-2043 | 5000000 | &nbsp;&nbsp; 4771009 |
|  |  |  |  | &nbsp;&nbsp; **51130495** |
| **Resource recovery revenue: 0.19%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mission Economic Development Corp. Republic Services, Inc. <br> Series A AMTø<br>| 3.85 | &nbsp;&nbsp; 5-1-2050 | 11000000 | &nbsp;&nbsp; 10998599 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mission Economic Development Corp. Waste Management, Inc. <br> Series A AMTø<br>| 3.80 | &nbsp;&nbsp; 5-1-2046 | 5000000 | &nbsp;&nbsp; 4998426 |
|  |  |  |  | &nbsp;&nbsp; **15997025** |
| **Tax revenue: 0.24%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Dallas Fair Park Venue Project144Aøø | 6.25 | &nbsp;&nbsp; 8-15-2053 | 6825000 | &nbsp;&nbsp; 6828292 |
| &nbsp;&nbsp;&nbsp; Dallas Area Rapid Transit Series A | 5.00 | &nbsp;&nbsp; 12-1-2048 | 5000000 | &nbsp;&nbsp; 5019072 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Old Spanish Trail-Alemda Corridors RDA City of Houston <br> Reinvestment Zone No. 7 (BAM Insured)<br>| 4.00 | &nbsp;&nbsp; 9-1-2036 | 1125000 | &nbsp;&nbsp; 1122968 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Old Spanish Trail-Alemda Corridors RDA City of Houston <br> Reinvestment Zone No. 7 (BAM Insured)<br>| 4.00 | &nbsp;&nbsp; 9-1-2037 | 1430000 | &nbsp;&nbsp; 1410815 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; VIA Metropolitan Transit Advanced Transportation District Sales Tax <br> Revenue<br>| 5.00 | &nbsp;&nbsp; 8-1-2049 | 5500000 | &nbsp;&nbsp; 5749863 |
|  |  |  |  | &nbsp;&nbsp; **20131010** |
| **Transportation revenue: 0.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Central Texas Regional Mobility Authority Series A | 5.00 | &nbsp;&nbsp; 1-1-2044 | 3000000 | &nbsp;&nbsp; 3053832 |
| &nbsp;&nbsp;&nbsp; Central Texas Regional Mobility Authority Series A | 5.00 | &nbsp;&nbsp; 1-1-2049 | 2450000 | &nbsp;&nbsp; 2478913 |
| &nbsp;&nbsp;&nbsp; Central Texas Regional Mobility Authority Series B | 4.00 | &nbsp;&nbsp; 1-1-2041 | 800000 | &nbsp;&nbsp; 770569 |
| &nbsp;&nbsp;&nbsp; Central Texas Regional Mobility Authority Series B | 5.00 | &nbsp;&nbsp; 1-1-2046 | 1600000 | &nbsp;&nbsp; 1625194 |
| &nbsp;&nbsp;&nbsp; Central Texas Turnpike System Series C | 5.00 | &nbsp;&nbsp; 8-15-2042 | 5000000 | &nbsp;&nbsp; 5284856 |
| &nbsp;&nbsp;&nbsp; County of Harris Toll Road Revenue | 4.00 | &nbsp;&nbsp; 8-15-2050 | 3175000 | &nbsp;&nbsp; 2858557 |
| &nbsp;&nbsp;&nbsp; Grand Parkway Transportation Corp. Series B CCAB | 4.95 | &nbsp;&nbsp; 10-1-2029 | 1015000 | &nbsp;&nbsp; 1080096 |

---

See accompanying notes to portfolio of investments

56 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Transportation revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Grand Parkway Transportation Corp. Series B CCAB | 5.05<br> %<br>| &nbsp;&nbsp; 10-1-2030 | $2000000 | &nbsp;&nbsp; $2144579 |
| &nbsp;&nbsp;&nbsp; Grand Parkway Transportation Corp. Series C | 4.00 | &nbsp;&nbsp; 10-1-2039 | 2500000 | &nbsp;&nbsp; 2457796 |
| &nbsp;&nbsp;&nbsp; North Texas Tollway Authority Series A | 5.25 | &nbsp;&nbsp; 1-1-2038 | 3500000 | &nbsp;&nbsp; 3822454 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Private Activity Bond Surface Transportation Corp. NTE <br> Mobility Partners LLC Series A<br>| 4.00 | &nbsp;&nbsp; 12-31-2037 | 3000000 | &nbsp;&nbsp; 2938510 |
|  |  |  |  | &nbsp;&nbsp; **28515356** |
| **Utilities revenue: 0.90%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Austin Electric Utility Revenue Series A | 5.00 | &nbsp;&nbsp; 11-15-2045 | 13705000 | &nbsp;&nbsp; 13675615 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of San Antonio Electric & Gas Systems Revenue (SIFMA <br> Municipal Swap+0.87%)±<br>| 3.76 | &nbsp;&nbsp; 2-1-2048 | 8000000 | &nbsp;&nbsp; 7999003 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Electric & Gas Systems Revenue Series B | 5.25 | &nbsp;&nbsp; 2-1-2049 | 5000000 | &nbsp;&nbsp; 5280387 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Electric & Gas Systems Revenue Series D | 5.25 | &nbsp;&nbsp; 2-1-2049 | 6455000 | &nbsp;&nbsp; 6833561 |
| &nbsp;&nbsp;&nbsp; City of San Antonio Electric & Gas Systems Revenue Series D | 5.25 | &nbsp;&nbsp; 2-1-2054 | 15000000 | &nbsp;&nbsp; 15816814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lower Colorado River Authority LCRA Transmission Services Corp. <br> Series A (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 5-15-2043 | 7000000 | &nbsp;&nbsp; 7558965 |
| &nbsp;&nbsp;&nbsp; Lower Colorado River Authority Series Bøø | 5.00 | &nbsp;&nbsp; 5-15-2045 | 10000000 | &nbsp;&nbsp; 10978285 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Gas Acquisition & Supply Corp. III | 5.00 | &nbsp;&nbsp; 12-15-2032 | 5000000 | &nbsp;&nbsp; 5439717 |
|  |  |  |  | &nbsp;&nbsp; **73582347** |
| **Water & sewer revenue: 1.85%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Austin Water & Wastewater System Revenue | 5.00 | &nbsp;&nbsp; 11-15-2045 | 15065000 | &nbsp;&nbsp; 15153730 |
| &nbsp;&nbsp;&nbsp; City of Brownsville Utilities System Revenue (BAM Insured) | 5.00 | &nbsp;&nbsp; 9-1-2046 | 1000000 | &nbsp;&nbsp; 1027416 |
| &nbsp;&nbsp;&nbsp; City of Brownsville Utilities System Revenue (BAM Insured) | 5.00 | &nbsp;&nbsp; 9-1-2051 | 1000000 | &nbsp;&nbsp; 1024999 |
| &nbsp;&nbsp;&nbsp; City of Dallas Waterworks & Sewer System Revenue Series A | 5.00 | &nbsp;&nbsp; 10-1-2030 | 3810000 | &nbsp;&nbsp; 3815755 |
| &nbsp;&nbsp;&nbsp; City of Dallas Waterworks & Sewer System Revenue Series A | 5.00 | &nbsp;&nbsp; 10-1-2047 | 12000000 | &nbsp;&nbsp; 12536146 |
| &nbsp;&nbsp;&nbsp; City of Houston Combined Utility System Revenue Series A | 4.00 | &nbsp;&nbsp; 11-15-2046 | 2800000 | &nbsp;&nbsp; 2579726 |
| &nbsp;&nbsp;&nbsp; City of McKinney Waterworks & Sewer System Revenue | 4.00 | &nbsp;&nbsp; 3-15-2044 | 8320000 | &nbsp;&nbsp; 7834069 |
| &nbsp;&nbsp;&nbsp; San Antonio Water System Series A | 5.00 | &nbsp;&nbsp; 5-15-2043 | 7000000 | &nbsp;&nbsp; 7148210 |
| &nbsp;&nbsp;&nbsp; San Antonio Water System Series A (Truist Bank SPA)ø | 3.80 | &nbsp;&nbsp; 5-1-2054 | 15200000 | &nbsp;&nbsp; 15200000 |
| &nbsp;&nbsp;&nbsp; Texas Water Development Board State Revolving Fund | 4.00 | &nbsp;&nbsp; 8-1-2038 | 2500000 | &nbsp;&nbsp; 2530260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Water Development Board State Water Implementation <br> Revenue Fund Series A<br>| 4.00 | &nbsp;&nbsp; 10-15-2036 | 5000000 | &nbsp;&nbsp; 5025387 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Water Development Board State Water Implementation <br> Revenue Fund Series A<br>| 4.00 | &nbsp;&nbsp; 10-15-2037 | 15650000 | &nbsp;&nbsp; 15741665 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Water Development Board State Water Implementation <br> Revenue Fund Series A<br>| 4.00 | &nbsp;&nbsp; 10-15-2038 | 6500000 | &nbsp;&nbsp; 6563103 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Water Development Board State Water Implementation <br> Revenue Fund Series A<br>| 4.00 | &nbsp;&nbsp; 10-15-2044 | 9905000 | &nbsp;&nbsp; 9452001 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Water Development Board State Water Implementation <br> Revenue Fund Series B<br>| 5.00 | &nbsp;&nbsp; 4-15-2049 | 42000000 | &nbsp;&nbsp; 42693752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trinity River Authority Denton Creek Wastewater Treatment System <br> Revenue<br>| 4.00 | &nbsp;&nbsp; 2-1-2043 | 2625000 | &nbsp;&nbsp; 2450545 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Trinity River Authority Denton Creek Wastewater Treatment System <br> Revenue<br>| 4.00 | &nbsp;&nbsp; 2-1-2044 | 1380000 | &nbsp;&nbsp; 1278400 |
|  |  |  |  | &nbsp;&nbsp; **152055164** |
|  |  |  |  | &nbsp;&nbsp; **731852599** |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 57

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Utah: 0.87%** |  |  |  |  |
| **Airport revenue: 0.50%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Airport Revenue Series A AMT | 5.00<br> %<br>| &nbsp;&nbsp; 7-1-2034 | $5910000 | &nbsp;&nbsp; $6362200 |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Airport Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2035 | 5000000 | &nbsp;&nbsp; 5346357 |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Airport Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2036 | 2500000 | &nbsp;&nbsp; 2568438 |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Airport Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2043 | 2500000 | &nbsp;&nbsp; 2514567 |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Airport Revenue Series A AMT | 5.00 | &nbsp;&nbsp; 7-1-2048 | 5500000 | &nbsp;&nbsp; 5519568 |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Airport Revenue Series A AMT | 5.25 | &nbsp;&nbsp; 7-1-2048 | 13500000 | &nbsp;&nbsp; 13838990 |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Airport Revenue Series B | 5.00 | &nbsp;&nbsp; 7-1-2043 | 1500000 | &nbsp;&nbsp; 1523029 |
| &nbsp;&nbsp;&nbsp; City of Salt Lake City Airport Revenue Series B | 5.00 | &nbsp;&nbsp; 7-1-2048 | 3500000 | &nbsp;&nbsp; 3533075 |
|  |  |  |  | &nbsp;&nbsp; **41206224** |
| **Health revenue: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of Utah Intermountain Healthcare Obligated Group Series A | 4.00 | &nbsp;&nbsp; 5-15-2041 | 8220000 | &nbsp;&nbsp; 7920836 |
| &nbsp;&nbsp;&nbsp; County of Utah Intermountain Healthcare Obligated Group Series A | 4.00 | &nbsp;&nbsp; 5-15-2045 | 2000000 | &nbsp;&nbsp; 1868540 |
|  |  |  |  | &nbsp;&nbsp; **9789376** |
| **Housing revenue: 0.02%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Utah Housing Corp. Series C (GNMA / FNMA / FHLMC Insured) | 4.70 | &nbsp;&nbsp; 1-1-2054 | 1250000 | &nbsp;&nbsp; **1250959** |
| **Miscellaneous revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; MIDA Mountain Village Public Infrastructure District Assessment <br> Area No. 2144A<br>| 4.00 | &nbsp;&nbsp; 8-1-2050 | 1385000 | &nbsp;&nbsp; 1155713 |
| &nbsp;&nbsp;&nbsp; Point Phase 1 Public Infrastructure District No. 1 Series A-1 | 5.88 | &nbsp;&nbsp; 3-1-2045 | 2000000 | &nbsp;&nbsp; 2043660 |
|  |  |  |  | &nbsp;&nbsp; **3199373** |
| **Tax revenue: 0.04%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure District Salt Lake City <br> Revitalization Sales Tax Revenue Series C144A<br>| 5.00 | &nbsp;&nbsp; 7-15-2035 | 2075000 | &nbsp;&nbsp; 2087784 |
| &nbsp;&nbsp;&nbsp; Utah Telecommunication Open Infrastructure Agency | 5.50 | &nbsp;&nbsp; 6-1-2040 | 1000000 | &nbsp;&nbsp; 1104442 |
|  |  |  |  | &nbsp;&nbsp; **3192226** |
| **Water & sewer revenue: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Timpanogos Special Service District | 5.00 | &nbsp;&nbsp; 6-1-2054 | 12000000 | &nbsp;&nbsp; **12448361** |
|  |  |  |  | &nbsp;&nbsp; **71086519** |
| **Virginia: 1.17%** |  |  |  |  |
| **Health revenue: 0.73%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Albemarle County EDA Sentara Healthcare Obligated Group <br> Series A (TD Bank N.A. SPA)ø<br>| 2.85 | &nbsp;&nbsp; 10-1-2048 | 495000 | &nbsp;&nbsp; 495000 |
| &nbsp;&nbsp;&nbsp; Fairfax County IDA Inova Health System Obligated Group | 5.00 | &nbsp;&nbsp; 5-15-2051 | 40000000 | &nbsp;&nbsp; 41457672 |
| &nbsp;&nbsp;&nbsp; Fairfax County IDA Inova Health System Obligated Group Series A | 4.00 | &nbsp;&nbsp; 5-15-2048 | 3000000 | &nbsp;&nbsp; 2795915 |
| &nbsp;&nbsp;&nbsp; Roanoke County EDA Friendship Foundationøø | 5.50 | &nbsp;&nbsp; 9-1-2058 | 1495000 | &nbsp;&nbsp; 1476957 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Beach Development Authority Westminster-Canterbury on <br> Chesapeake Bay Obligated Group Series B-3<br>| 5.38 | &nbsp;&nbsp; 9-1-2029 | 4000000 | &nbsp;&nbsp; 4039265 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Commonwealth University Health System Authority <br> Obligated Group Series B<br>| 5.00 | &nbsp;&nbsp; 7-1-2046 | 4270000 | &nbsp;&nbsp; 4297251 |

---

See accompanying notes to portfolio of investments

58 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Health revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority Carilion Clinic Obligated <br> Group Series A (Truist Bank LOC)ø<br>| 3.85<br> %<br>| &nbsp;&nbsp; 7-1-2042 | $5500000 | &nbsp;&nbsp; $5500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Winchester EDA Valley Health Obligated Group Series B-1 (Truist <br> Bank LOC)ø<br>| 3.90 | &nbsp;&nbsp; 1-1-2054 | 200000 | &nbsp;&nbsp; 200000 |
|  |  |  |  | &nbsp;&nbsp; **60262060** |
| **Housing revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2024-<br> BAML6039 (Bank of America N.A. LOC, Bank of America N.A. <br> LIQ)144Aø<br>| 3.65 | &nbsp;&nbsp; 8-31-2027 | 7560000 | &nbsp;&nbsp; 7560000 |
| &nbsp;&nbsp;&nbsp; Virginia Commonwealth Transportation Board | 4.00 | &nbsp;&nbsp; 5-15-2046 | 3000000 | &nbsp;&nbsp; 2850152 |
|  |  |  |  | &nbsp;&nbsp; **10410152** |
| **Tax revenue: 0.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Marquis CDA of York County Virginia CCAB144A | 7.50 | &nbsp;&nbsp; 9-1-2045 | 397000 | &nbsp;&nbsp; 138950 |
| &nbsp;&nbsp;&nbsp; Marquis CDA of York County Virginia Series B | 5.63 | &nbsp;&nbsp; 9-1-2041 | 1310000 | &nbsp;&nbsp; 458500 |
| &nbsp;&nbsp;&nbsp; Marquis CDA of York County Virginia Series C CAB¤ | 0.00 | &nbsp;&nbsp; 9-1-2041 | 1824000 | &nbsp;&nbsp; 4560 |
|  |  |  |  | &nbsp;&nbsp; **602010** |
| **Transportation revenue: 0.14%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority 95 Express Lanes LLC <br> AMT<br>| 4.00 | &nbsp;&nbsp; 1-1-2040 | 1800000 | &nbsp;&nbsp; 1704389 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority 95 Express Lanes LLC <br> AMT<br>| 4.00 | &nbsp;&nbsp; 1-1-2048 | 6000000 | &nbsp;&nbsp; 5203706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority Elizabeth River <br> Crossings OpCo. LLC AMT<br>| 4.00 | &nbsp;&nbsp; 7-1-2029 | 1450000 | &nbsp;&nbsp; 1484323 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Virginia Small Business Financing Authority Elizabeth River <br> Crossings OpCo. LLC AMT<br>| 4.00 | &nbsp;&nbsp; 1-1-2040 | 3250000 | &nbsp;&nbsp; 3067552 |
|  |  |  |  | &nbsp;&nbsp; **11459970** |
| **Utilities revenue: 0.16%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Wise County IDA Virginia Electric & Power Co.øø | 3.13 | &nbsp;&nbsp; 10-1-2040 | 13250000 | &nbsp;&nbsp; **13339675** |
|  |  |  |  | &nbsp;&nbsp; **96073867** |
| **Washington: 2.89%** |  |  |  |  |
| **Airport revenue: 0.82%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Port of Seattle AMT | 5.00 | &nbsp;&nbsp; 4-1-2044 | 16000000 | &nbsp;&nbsp; 16170918 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Series B AMT | 5.00 | &nbsp;&nbsp; 8-1-2047 | 2900000 | &nbsp;&nbsp; 2966426 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2043 | 15500000 | &nbsp;&nbsp; 16474039 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Series B AMT | 5.25 | &nbsp;&nbsp; 7-1-2049 | 19000000 | &nbsp;&nbsp; 19802689 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Series B AMT | 5.50 | &nbsp;&nbsp; 8-1-2047 | 3850000 | &nbsp;&nbsp; 4049930 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Series C AMT | 5.00 | &nbsp;&nbsp; 8-1-2046 | 7865000 | &nbsp;&nbsp; 7971799 |
|  |  |  |  | &nbsp;&nbsp; **67435801** |
| **Education revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Washington Higher Education Facilities Authority Seattle University | 4.00 | &nbsp;&nbsp; 5-1-2045 | 1000000 | &nbsp;&nbsp; 928614 |
| &nbsp;&nbsp;&nbsp; Washington Higher Education Facilities Authority Seattle University | 5.00 | &nbsp;&nbsp; 5-1-2030 | 760000 | &nbsp;&nbsp; 825660 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 59

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Washington Higher Education Facilities Authority Seattle University | 5.00<br> %<br>| &nbsp;&nbsp; 5-1-2032 | $335000 | &nbsp;&nbsp; $362106 |
| &nbsp;&nbsp;&nbsp; Washington Higher Education Facilities Authority Seattle University | 5.00 | &nbsp;&nbsp; 5-1-2033 | 300000 | &nbsp;&nbsp; 322380 |
|  |  |  |  | &nbsp;&nbsp; **2438760** |
| **GO revenue: 1.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Seattle | 4.00 | &nbsp;&nbsp; 12-1-2040 | 2500000 | &nbsp;&nbsp; 2495303 |
| &nbsp;&nbsp;&nbsp; Clark County School District No. 114 Evergreen | 4.00 | &nbsp;&nbsp; 12-1-2034 | 2500000 | &nbsp;&nbsp; 2554194 |
| &nbsp;&nbsp;&nbsp; County of Grant | 5.25 | &nbsp;&nbsp; 12-1-2047 | 3500000 | &nbsp;&nbsp; 3678816 |
| &nbsp;&nbsp;&nbsp; Grant County Public Hospital District No. 2 | 5.00 | &nbsp;&nbsp; 12-1-2038 | 4000000 | &nbsp;&nbsp; 4072246 |
| &nbsp;&nbsp;&nbsp; King County Public Hospital District No. 1 | 5.00 | &nbsp;&nbsp; 12-1-2029 | 8940000 | &nbsp;&nbsp; 9137302 |
| &nbsp;&nbsp;&nbsp; King County Public Hospital District No. 1 | 5.00 | &nbsp;&nbsp; 12-1-2035 | 9430000 | &nbsp;&nbsp; 9573121 |
| &nbsp;&nbsp;&nbsp; King County School District No. 210 Federal Way | 4.00 | &nbsp;&nbsp; 12-1-2033 | 10000000 | &nbsp;&nbsp; 10177355 |
| &nbsp;&nbsp;&nbsp; King County School District No. 414 Lake Washington | 5.00 | &nbsp;&nbsp; 12-1-2034 | 1000000 | &nbsp;&nbsp; 1050767 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Series B AMT | 5.00 | &nbsp;&nbsp; 6-1-2047 | 9825000 | &nbsp;&nbsp; 10121930 |
| &nbsp;&nbsp;&nbsp; Port of Seattle Series B AMT | 5.00 | &nbsp;&nbsp; 6-1-2049 | 1000000 | &nbsp;&nbsp; 1027862 |
| &nbsp;&nbsp;&nbsp; State of Washington Series B | 5.00 | &nbsp;&nbsp; 8-1-2037 | 6400000 | &nbsp;&nbsp; 6480893 |
| &nbsp;&nbsp;&nbsp; State of Washington Series 2017-A | 5.00 | &nbsp;&nbsp; 8-1-2033 | 1500000 | &nbsp;&nbsp; 1526149 |
| &nbsp;&nbsp;&nbsp; State of Washington Series 2017-A | 5.00 | &nbsp;&nbsp; 8-1-2040 | 3500000 | &nbsp;&nbsp; 3531316 |
| &nbsp;&nbsp;&nbsp; State of Washington Series 2017-A | 5.00 | &nbsp;&nbsp; 8-1-2041 | 2500000 | &nbsp;&nbsp; 2519708 |
| &nbsp;&nbsp;&nbsp; State of Washington Series C | 5.00 | &nbsp;&nbsp; 2-1-2044 | 16000000 | &nbsp;&nbsp; 16726795 |
| &nbsp;&nbsp;&nbsp; State of Washington Series F | 5.00 | &nbsp;&nbsp; 6-1-2038 | 6500000 | &nbsp;&nbsp; 7009075 |
|  |  |  |  | &nbsp;&nbsp; **91682832** |
| **Health revenue: 0.41%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Jefferson County Public Hospital District No. 2 Series A | 5.75 | &nbsp;&nbsp; 12-1-2033 | 4000000 | &nbsp;&nbsp; 4062721 |
| &nbsp;&nbsp;&nbsp; Jefferson County Public Hospital District No. 2 Series A | 6.63 | &nbsp;&nbsp; 12-1-2043 | 3510000 | &nbsp;&nbsp; 3589105 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority CommonSpirit Health <br> Obligated Group Series A-2<br>| 5.00 | &nbsp;&nbsp; 8-1-2038 | 3000000 | &nbsp;&nbsp; 3104014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority Fred Hutchinson <br> Cancer Center Obligated Group<br>| 4.00 | &nbsp;&nbsp; 9-1-2045 | 3000000 | &nbsp;&nbsp; 2730802 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority Fred Hutchinson <br> Cancer Center Obligated Group144A<br>| 4.00 | &nbsp;&nbsp; 12-1-2045 | 2450000 | &nbsp;&nbsp; 2199374 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority Fred Hutchinson <br> Cancer Center Obligated Group<br>| 5.00 | &nbsp;&nbsp; 9-1-2040 | 1000000 | &nbsp;&nbsp; 1033119 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority Multicare Health <br> System Obligated Group Series B<br>| 4.00 | &nbsp;&nbsp; 8-15-2039 | 4000000 | &nbsp;&nbsp; 3815369 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority Providence St. Joseph <br> Health Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 10-1-2042 | 6285000 | &nbsp;&nbsp; 6285115 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority Providence St. Joseph <br> Health Obligated Group Series D<br>| 5.00 | &nbsp;&nbsp; 10-1-2041 | 6000000 | &nbsp;&nbsp; 6002155 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority Seattle Children's <br> Hospital Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 10-1-2047 | 1055000 | &nbsp;&nbsp; 1059552 |
|  |  |  |  | &nbsp;&nbsp; **33881326** |
| **Housing revenue: 0.22%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Fircrest Properties Washington Department of Social & Health <br> Services<br>| 5.50 | &nbsp;&nbsp; 6-1-2049 | 3000000 | &nbsp;&nbsp; 3243197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FYI Properties State of Washington Consolidated Technology <br> Services<br>| 5.00 | &nbsp;&nbsp; 6-1-2037 | 7395000 | &nbsp;&nbsp; 7693636 |

---

See accompanying notes to portfolio of investments

60 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FYI Properties State of Washington Consolidated Technology <br> Services<br>| 5.00<br> %<br>| &nbsp;&nbsp; 6-1-2038 | $1750000 | &nbsp;&nbsp; $1811611 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; FYI Properties State of Washington Consolidated Technology <br> Services<br>| 5.00 | &nbsp;&nbsp; 6-1-2039 | 5000000 | &nbsp;&nbsp; 5173861 |
|  |  |  |  | &nbsp;&nbsp; **17922305** |
| **Miscellaneous revenue: 0.10%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; State of Washington Series A COP | 5.00 | &nbsp;&nbsp; 7-1-2038 | 3265000 | &nbsp;&nbsp; 3330062 |
| &nbsp;&nbsp;&nbsp; State of Washington Series B COP | 5.00 | &nbsp;&nbsp; 7-1-2039 | 1745000 | &nbsp;&nbsp; 1824963 |
| &nbsp;&nbsp;&nbsp; State of Washington Series B COP | 5.00 | &nbsp;&nbsp; 7-1-2040 | 1480000 | &nbsp;&nbsp; 1540366 |
| &nbsp;&nbsp;&nbsp; State of Washington Series B COP | 5.00 | &nbsp;&nbsp; 7-1-2041 | 1555000 | &nbsp;&nbsp; 1607938 |
|  |  |  |  | &nbsp;&nbsp; **8303329** |
| **Utilities revenue: 0.13%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Seattle Municipal Light & Power Revenue Series A | 4.00 | &nbsp;&nbsp; 7-1-2043 | 8210000 | &nbsp;&nbsp; 7922019 |
| &nbsp;&nbsp;&nbsp; City of Seattle Municipal Light & Power Revenue Series A | 4.00 | &nbsp;&nbsp; 1-1-2047 | 3360000 | &nbsp;&nbsp; 3132982 |
|  |  |  |  | &nbsp;&nbsp; **11055001** |
| **Water & sewer revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; County of King Sewer Revenue | 5.00 | &nbsp;&nbsp; 7-1-2042 | 4660000 | &nbsp;&nbsp; **4792494** |
|  |  |  |  | &nbsp;&nbsp; **237511848** |
| **West Virginia: 0.22%** |  |  |  |  |
| **GO revenue: 0.03%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Ohio County Board of Education | 3.00 | &nbsp;&nbsp; 6-1-2026 | 2680000 | &nbsp;&nbsp; **2683531** |
| **Health revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; West Virginia Hospital Finance Authority United Health System <br> Obligated Group Series A<br>| 5.00 | &nbsp;&nbsp; 6-1-2043 | 4750000 | &nbsp;&nbsp; **4933421** |
| **Housing revenue: 0.07%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; West Virginia Housing Development Fund Series A | 4.55 | &nbsp;&nbsp; 11-1-2049 | 6020000 | &nbsp;&nbsp; **5983119** |
| **Tax revenue: 0.06%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Monongalia County Commission Excise Tax District Series A144A | 4.13 | &nbsp;&nbsp; 6-1-2043 | 1475000 | &nbsp;&nbsp; 1265477 |
| &nbsp;&nbsp;&nbsp; Monongalia County Commission Excise Tax District Series A144A | 5.50 | &nbsp;&nbsp; 6-1-2037 | 2500000 | &nbsp;&nbsp; 2529805 |
| &nbsp;&nbsp;&nbsp; Monongalia County Commission Excise Tax District Series A144A | 5.75 | &nbsp;&nbsp; 6-1-2043 | 675000 | &nbsp;&nbsp; 680582 |
|  |  |  |  | &nbsp;&nbsp; **4475864** |
|  |  |  |  | &nbsp;&nbsp; **18075935** |
| **Wisconsin: 2.92%** |  |  |  |  |
| **Education revenue: 0.57%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA Carolina International School Series A144A | 6.75 | &nbsp;&nbsp; 8-1-2033 | 2060000 | &nbsp;&nbsp; 2062210 |
| &nbsp;&nbsp;&nbsp; PFA Carolina International School Series A144A | 7.00 | &nbsp;&nbsp; 8-1-2043 | 1575000 | &nbsp;&nbsp; 1576142 |
| &nbsp;&nbsp;&nbsp; PFA Carolina International School Series A144A | 7.20 | &nbsp;&nbsp; 8-1-2048 | 940000 | &nbsp;&nbsp; 940689 |
| &nbsp;&nbsp;&nbsp; PFA Nevada Charter Academies Series A144A | 5.00 | &nbsp;&nbsp; 7-15-2039 | 1375000 | &nbsp;&nbsp; 1347349 |
| &nbsp;&nbsp;&nbsp; PFA Northwest Nazarene University, Inc. | 4.25 | &nbsp;&nbsp; 10-1-2049 | 5410000 | &nbsp;&nbsp; 4516956 |
| &nbsp;&nbsp;&nbsp; PFA University of Kansas | 5.00 | &nbsp;&nbsp; 3-1-2046 | 15000000 | &nbsp;&nbsp; 14943271 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Marquette University | 5.00 | &nbsp;&nbsp; 10-1-2031 | 6690000 | &nbsp;&nbsp; 7472532 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 61

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Education revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Marquette University | 5.00<br> %<br>| &nbsp;&nbsp; 10-1-2032 | $7040000 | &nbsp;&nbsp; $7928723 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Medical College of Wisconsin, Inc. | 4.00 | &nbsp;&nbsp; 12-1-2046 | 5000000 | &nbsp;&nbsp; 4436298 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Medical College of Wisconsin, Inc. | 4.00 | &nbsp;&nbsp; 12-1-2051 | 1680000 | &nbsp;&nbsp; 1450761 |
|  |  |  |  | &nbsp;&nbsp; **46674931** |
| **GO revenue: 0.15%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; City of Milwaukee Series B4 (AG Insured) | 5.00 | &nbsp;&nbsp; 4-1-2038 | 3000000 | &nbsp;&nbsp; 3233824 |
| &nbsp;&nbsp;&nbsp; City of Milwaukee Series N3 (AG Insured) | 5.00 | &nbsp;&nbsp; 4-1-2032 | 4160000 | &nbsp;&nbsp; 4663540 |
| &nbsp;&nbsp;&nbsp; Verona Area School District | 4.00 | &nbsp;&nbsp; 4-1-2027 | 3385000 | &nbsp;&nbsp; 3411816 |
| &nbsp;&nbsp;&nbsp; Verona Area School District | 4.00 | &nbsp;&nbsp; 4-1-2028 | 1380000 | &nbsp;&nbsp; 1391152 |
|  |  |  |  | &nbsp;&nbsp; **12700332** |
| **Health revenue: 1.01%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2024-<br> XF3230 (BAM Insured) (Barclays Bank plc LIQ)144Aø<br>| 3.01 | &nbsp;&nbsp; 2-15-2054 | 3000000 | &nbsp;&nbsp; 3000000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Wisconsin Hospitals & Clinics Authority Obligated <br> Group Series B (JPMorgan Chase Bank N.A. SPA)ø<br>| 3.65 | &nbsp;&nbsp; 4-1-2048 | 3760000 | &nbsp;&nbsp; 3760000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Wisconsin Hospitals & Clinics Authority Obligated <br> Group Series C (U.S. Bank N.A. SPA)ø<br>| 3.80 | &nbsp;&nbsp; 4-1-2054 | 3235000 | &nbsp;&nbsp; 3235000 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Ascension Health Credit Group Series A | 4.00 | &nbsp;&nbsp; 11-15-2046 | 3000000 | &nbsp;&nbsp; 2880688 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Ascension Health Credit Group Series A | 4.50 | &nbsp;&nbsp; 11-15-2039 | 9925000 | &nbsp;&nbsp; 9928687 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Ascension Health Credit Group Series A | 5.00 | &nbsp;&nbsp; 11-15-2035 | 12000000 | &nbsp;&nbsp; 12100826 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Ascension Health Credit Group Series B2 | 4.00 | &nbsp;&nbsp; 11-15-2043 | 5000000 | &nbsp;&nbsp; 4652005 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Bellin Memorial Hospital Obligated Group Series A | 5.00 | &nbsp;&nbsp; 12-1-2041 | 1315000 | &nbsp;&nbsp; 1378338 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Bellin Memorial Hospital Obligated Group Series A | 5.00 | &nbsp;&nbsp; 12-1-2042 | 2000000 | &nbsp;&nbsp; 2081527 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Bellin Memorial Hospital Obligated Group Series A | 5.00 | &nbsp;&nbsp; 12-1-2043 | 3540000 | &nbsp;&nbsp; 3667286 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Bellin Memorial Hospital Obligated Group Series A | 5.50 | &nbsp;&nbsp; 12-1-2052 | 2000000 | &nbsp;&nbsp; 2114943 |
| &nbsp;&nbsp;&nbsp; Wisconsin HEFA Children's Hospital of Wisconsin Obligated Group | 4.00 | &nbsp;&nbsp; 8-15-2050 | 5000000 | &nbsp;&nbsp; 4469484 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Froedtert ThedaCare Health Obligated Group <br> Series A<br>| 4.00 | &nbsp;&nbsp; 4-1-2041 | 6000000 | &nbsp;&nbsp; 5736578 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Froedtert ThedaCare Health Obligated Group <br> Series Cø<br>| 2.88 | &nbsp;&nbsp; 4-1-2055 | 19500000 | &nbsp;&nbsp; 19500000 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Marshfield Clinic Health System Obligated Group <br> Series A (BAM Insured)<br>| 5.25 | &nbsp;&nbsp; 2-15-2054 | 2500000 | &nbsp;&nbsp; 2632324 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Marshfield Clinic Health System, Inc. Series A <br> (Barclays Bank plc LOC)ø<br>| 3.85 | &nbsp;&nbsp; 2-15-2050 | 1500000 | &nbsp;&nbsp; 1500000 |
|  |  |  |  | &nbsp;&nbsp; **82637686** |
| **Housing revenue: 0.51%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA CHF - Wilmington LLC (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2026 | 1360000 | &nbsp;&nbsp; 1377157 |
| &nbsp;&nbsp;&nbsp; PFA CHF - Wilmington LLC (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2027 | 1675000 | &nbsp;&nbsp; 1727219 |
| &nbsp;&nbsp;&nbsp; PFA CHF - Wilmington LLC (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2028 | 2025000 | &nbsp;&nbsp; 2132866 |
| &nbsp;&nbsp;&nbsp; PFA CHF - Wilmington LLC (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2029 | 2190000 | &nbsp;&nbsp; 2303377 |
| &nbsp;&nbsp;&nbsp; PFA CHF - Wilmington LLC (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2030 | 2300000 | &nbsp;&nbsp; 2419792 |
| &nbsp;&nbsp;&nbsp; PFA CHF - Wilmington LLC (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2031 | 1415000 | &nbsp;&nbsp; 1486701 |
| &nbsp;&nbsp;&nbsp; PFA CHF - Wilmington LLC (AG Insured) | 5.00 | &nbsp;&nbsp; 7-1-2048 | 16775000 | &nbsp;&nbsp; 16958587 |

---

See accompanying notes to portfolio of investments

62 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | Interest<br> rate<br>| Maturity<br> date<br>| Principal | Value |
| **Housing revenue**(continued) |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA CHF - Wilmington LLC (AG Insured) | 5.00<br> %<br>| &nbsp;&nbsp; 7-1-2053 | $5000000 | &nbsp;&nbsp; $5037703 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin Housing & EDA Home Ownership Revenue Series D <br> (GNMA / FNMA / FHLMC Insured) (Royal Bank of Canada SPA)ø<br>| 2.90 | &nbsp;&nbsp; 3-1-2042 | 8600000 | &nbsp;&nbsp; 8600000 |
|  |  |  |  | &nbsp;&nbsp; **42043402** |
| **Industrial development revenue: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; PFA Customer Facility Charge-SA LLC Series A | 5.00 | &nbsp;&nbsp; 2-1-2042 | 2500000 | &nbsp;&nbsp; 2544625 |
| &nbsp;&nbsp;&nbsp; PFA Customer Facility Charge-SA LLC Series B144A | 5.50 | &nbsp;&nbsp; 2-1-2042 | 4000000 | &nbsp;&nbsp; 4111503 |
|  |  |  |  | &nbsp;&nbsp; **6656128** |
| **Miscellaneous revenue: 0.25%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Appleton RDA Fox Cities Performing Arts Center, Inc. Series B <br> (Thrivent Financial Lutherans LOC)ø<br>| 3.40 | &nbsp;&nbsp; 6-1-2036 | 9800000 | &nbsp;&nbsp; 9800000 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Series C CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 12-15-2037 | 1600000 | &nbsp;&nbsp; 980987 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Series C CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 12-15-2038 | 1600000 | &nbsp;&nbsp; 922863 |
| &nbsp;&nbsp;&nbsp; Wisconsin Center District Series D CAB (AG Insured)¤ | 0.00 | &nbsp;&nbsp; 12-15-2045 | 14715000 | &nbsp;&nbsp; 5660828 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Wisconsin HEFA Forensic Science & Protective Medicine <br> Collaboration, Inc.144A<br>| 5.00 | &nbsp;&nbsp; 8-1-2027 | 3000000 | &nbsp;&nbsp; 3040363 |
|  |  |  |  | &nbsp;&nbsp; **20405041** |
| **Tax revenue: 0.35%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Village of Mount Pleasant Tax Increment District No. 5 Series A | 5.00 | &nbsp;&nbsp; 4-1-2043 | 20205000 | &nbsp;&nbsp; 20696707 |
| &nbsp;&nbsp;&nbsp; Village of Mount Pleasant Tax Increment District No. 5 Series A | 5.00 | &nbsp;&nbsp; 4-1-2048 | 6910000 | &nbsp;&nbsp; 6989650 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Village of Mount Pleasant Tax Increment District No. 5 Series A <br> (BAM Insured)<br>| 5.00 | &nbsp;&nbsp; 4-1-2048 | 650000 | &nbsp;&nbsp; 659026 |
|  |  |  |  | &nbsp;&nbsp; **28345383** |
|  |  |  |  | &nbsp;&nbsp; **239462903** |
| **Wyoming: 0.08%** |  |  |  |  |
| **Housing revenue: 0.08%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts/Certificates Series 2023-<br> XG0544 (GNMA / FNMA / FHLMC Insured) (Bank of America N.A. <br> LIQ)144Aø<br>| 2.92 | &nbsp;&nbsp; 12-1-2053 | 6400000 | &nbsp;&nbsp; **6400000** |
| **Total municipal obligations (Cost $8,268,347,727)** |  |  |  | &nbsp;&nbsp; **8122850386** |

---

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  |  | Yield | Shares |  |
| **Short-term investments: 0.12%** |  |  |  |  |
| **Investment companies: 0.12%** |  |  |  |  |
| &nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select Class♠∞## |  | 4.07 | 9431727 | &nbsp;&nbsp; **9431727** |
| **Total short-term investments (Cost $9,431,727)** |  |  |  | &nbsp;&nbsp; **9431727** |
| **Total investments in securities (Cost $8,277,779,454)** | 99.05<br> %<br>|  |  | &nbsp;&nbsp; 8132282113 |
| &nbsp;&nbsp;&nbsp; Other assets and liabilities, net | 0.95 |  |  | &nbsp;&nbsp; 78360171 |
| **Total net assets** | **100.00%**<br>|  |  | &nbsp;&nbsp; **$8210642284** |

---

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

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 63

------

Portfolio of investments—September 30, 2025 (unaudited)

---

| | |
|:---|:---|
| øø | The interest rate is determined and reset by the issuer periodically depending upon the terms of the security. The rate shown is the rate in effect at period end. |
| 144A | The security may be resold in transactions exempt from registration, normally to qualified institutional buyers, pursuant to Rule 144A under the Securities Act of <br> 1933.<br>|
| ø | Variable rate demand notes are subject to a demand feature which reduces the effective maturity. The maturity date shown represents the final maturity date of <br> the security. The interest rate is determined and reset by the issuer daily, weekly, or monthly depending upon the terms of the security. The rate shown is the rate in <br> effect at period end.<br>|
| ¤ | The security is issued in zero coupon form with no periodic interest payments. |
| € | The security is an auction-rate security which has an interest rate that resets at predetermined short-term intervals through a Dutch auction. The rate shown is the <br> rate in effect at period end.<br>|
| ± | Variable rate investment. The rate shown is the rate in effect at period end. |
| ## | All or a portion of this security is segregated as collateral for when-issued securities. |
| %% | The security is purchased on a when-issued basis. |
| ♠ | The issuer of the security is an affiliated person of the Fund as defined in the Investment Company Act of 1940. |
| ∞ | The rate represents the 7-day annualized yield at period end. |

---

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

---

| | |
|:---|:---|
| Abbreviations: | Abbreviations: |
| AG | Assured Guaranty Incorporation |
| Ambac | Ambac Financial Group Incorporated |
| AMT | Alternative minimum tax |
| BAM | Build America Mutual Assurance Company |
| BAN | Bond anticipation note |
| CAB | Capital appreciation bond |
| CCAB | Convertible capital appreciation bond |
| CDA | Community Development Authority |
| CHF | Collegiate Housing Foundation |
| COP | Certificate of participation |
| ECFA | Educational & Cultural Facilities Authority |
| EDA | Economic Development Authority |
| EDFA | Economic Development Finance Authority |
| FHA | Federal Housing Administration |
| FHLB | Federal Home Loan Bank |
| FHLMC | Federal Home Loan Mortgage Corporation |
| FNMA | Federal National Mortgage Association |
| GNMA | Government National Mortgage Association |
| GO | General obligation |
| HEFA | Health & Educational Facilities Authority |
| HFA | Housing Finance Authority |
| HFFA | Health Facilities Financing Authority |
| IDA | Industrial Development Authority |
| LIQ | Liquidity agreement |
| LOC | Letter of credit |
| NPFGC | National Public Finance Guarantee Corporation |
| NTO | New Terminal One |
| PCFA | Pollution Control Financing Authority |
| PFA | Public Finance Authority |
| QSBLF | Qualified School Board Loan Fund Insured |
| RDA | Redevelopment Authority |
| SIFMA | Securities Industry and Financial Markets Association |
| SOFR | Secured Overnight Financing Rate |
| SPA | Standby purchase agreement |
| TTFA | Transportation Trust Fund Authority |

---

See accompanying notes to portfolio of investments

64 \| Allspring Municipal Bond Fund

------

Portfolio of investments—September 30, 2025 (unaudited)

**Investments in affiliates**

An affiliated investment is an investment in which the Fund owns at least 5% of the outstanding voting shares of the issuer or as a result of other relationships, such as the Fund and the issuer having the same investment manager. Transactions with issuers that were affiliates of the Fund at the end of the period were as follows:

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | Value, <br>beginning of <br>period<br>| Purchases | Sales <br>proceeds<br>| Net <br>realized <br>gains <br>(losses)<br>| Net <br>change in <br>unrealized <br>gains <br>(losses)<br>| Value, <br>end of <br>period<br>| Shares, <br>end <br>of period<br>| Income <br>from <br>affiliated <br>securities<br>|
| **Short-term investments** |  |  |  |  |  |  |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp; Allspring Government Money Market Fund Select <br> Class<br>| $8140968 | $264408686 | $(263117927)<br>| $0 | $0 | $9431727 | 9431727 | $138173 |

---

See accompanying notes to portfolio of investments

Allspring Municipal Bond Fund \| 65

------

Notes to portfolio of investments—September 30, 2025 (unaudited)

Notes to portfolio of investments

Securities valuation

All investments are valued each business day as of the close of regular trading on the New York Stock Exchange (generally 4 p.m. Eastern Time), although the Fund may deviate from this calculation time under unusual or unexpected circumstances.

Debt securities are valued at the evaluated bid price provided by an independent pricing service (e.g., taking into account various factors, including yields, maturities, or credit ratings) or, if a reliable price is not available, the quoted bid price from an independent broker-dealer.

Investments in registered open-end investment companies (other than those listed on a foreign or domestic exchange or market) are valued at net asset value.

Investments which are not valued using the methods discussed above are valued at their fair value, as determined in good faith by Allspring Funds Management, LLC ("Allspring Funds Management"), which was named the valuation designee by the Board of Trustees. As the valuation designee, Allspring Funds Management is responsible for day-to-day valuation activities for the Allspring Funds. In connection with these responsibilities, Allspring Funds Management has established a Valuation Committee and has delegated to it the authority to take any actions regarding the valuation of portfolio securities that the Valuation Committee deems necessary or appropriate, including determining the fair value of portfolio securities. On a quarterly basis, the Board of Trustees receives reports of valuation actions taken by the Valuation Committee. On at least an annual basis, the Board of Trustees receives an assessment of the adequacy and effectiveness of Allspring Funds Management's process for determining the fair value of the portfolio of investments.

When-issued transactions

The Fund may purchase securities on a forward commitment or when-issued basis. The Fund records a when-issued transaction on the trade date and will segregate assets in an amount at least equal in value to the Fund's commitment to purchase when-issued securities. Securities purchased on a when-issued basis are marked-to-market daily and the Fund begins earning interest on the settlement date. Losses may arise due to changes in the market value of the underlying securities or if the counterparty does not perform under the contract.

Fair valuation measurements

Fair value measurements of investments are determined within a framework that has established a fair value hierarchy based upon the various data inputs utilized in determining the value of the Fund's investments. The three-level hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1) and the lowest priority to unobservable inputs (Level 3). The Fund's investments are classified within the fair value hierarchy based on the lowest level of input that is significant to the fair value measurement. The inputs are summarized into three broad levels as follows:

• Level 1 – quoted prices in active markets for identical securities

• Level 2 – other significant observable inputs (including quoted prices for similar securities, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including the Fund's own assumptions in determining the fair value of investments)

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

The following is a summary of the inputs used in valuing the Fund's assets and liabilities as of September 30, 2025:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | &nbsp;&nbsp; Quoted prices <br>(Level 1)<br>| &nbsp;&nbsp;&nbsp; Other significant <br>observable inputs <br>(Level 2)<br>| &nbsp;&nbsp;&nbsp; Significant <br>unobservable inputs <br>(Level 3)<br>| Total |
| **Assets** |  |  |  |  |
| **Investments in:** |  |  |  |  |
| **Municipal obligations** | &nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $8122850386 | &nbsp;&nbsp;&nbsp;&nbsp; $0 | &nbsp;&nbsp;&nbsp;&nbsp; $8122850386 |
| **Short-term investments** |  |  |  |  |
| *Investment companies* | &nbsp;&nbsp; 9431727 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 0 | &nbsp;&nbsp;&nbsp;&nbsp; 9431727 |
| **Total assets** | &nbsp;&nbsp; **$9431727** | &nbsp;&nbsp;&nbsp; **$8122850386** | &nbsp;&nbsp;&nbsp; **$0** | &nbsp;&nbsp;&nbsp; **$8132282113** |

---

Additional sector, industry or geographic detail, if any, is included in the Portfolio of investments.

At September 30, 2025, the Fund did not have any transfers into/out of Level 3.

66 \| Allspring Municipal Bond Fund

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** ALLSPRING FUNDS TRUST

- **b. Investment Company Act file number:** 811-09253

- **c. CIK number of Registrant:** 0001081400

- **d. LEI of Registrant:** 549300XROIY0CTN7RZ24

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

  - **Street Address 1:** 1415 Vantage Park Drive

  - **City:** Charlotte

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 28203

  - **Telephone number:** 833-568-4255

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

- **a. Name of Series:** Allspring Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000007397

- **c. LEI of Series:** 549300E0MVK0S6VM8X49

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

- **a. Date of fiscal year-end:** 2026-06-30

- **b. Date as of which information is reported:** 2025-09-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $8238562462.97

**Total Liabilities:** $41826650.49

**Net Assets:** $8196735812.48

**Delayed Delivery Securities:** $15739340.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -19931.72000000 | **1-Year:** -309735.71000000 | **5-Year:** -1189765.90000000 | **10-Year:** -2472192.48000000 | **30-Year:** -850911.75000000

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

- **3-Month:** -1087.11000000 | **1-Year:** -15728.46000000 | **5-Year:** -54081.08000000 | **10-Year:** -112413.93000000 | **30-Year:** -29236.75000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000064978 | -0.35%               | 0.82%                | 2.19%                |
| Class ID C000020293 | -0.38%               | 0.80%                | 2.17%                |
| Class ID C000020295 | -0.44%               | 0.73%                | 2.10%                |
| Class ID C000020296 | -0.26%               | 0.70%                | 2.18%                |
| Class ID C000205244 | -0.35%               | 0.82%                | 2.19%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $52369.41                | $-47512100.09                              |
| Month 2  | $419708.28               | $38439353.86                               |
| Month 3  | $-561146.19              | $152683393.76                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XL5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   6630000 | PA      | $6672856.98   | 0.08%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL HLTH CARE FACS REVENUE                 | CUSIP: 14055GAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8871364.80   | 0.11%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI CHRT SCH REVENUE                          | CUSIP: 744396EZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1347349.03   | 0.02%             | 2039-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604THJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16500000 | PA      | $16824939.45  | 0.21%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp                                           | MARICOPA CNTY AZ POLL CONTROLCORP POLL CONTROL REVENUE       | CUSIP: 566854EM3<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $836681.20    | 0.01%             | 2035-06-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                              | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353QC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1764420.20   | 0.02%             | 2030-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST HOSP REVENUE                                         | CUSIP: 67756CGA0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5326511.50   | 0.06%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LT1<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3214890.61   | 0.04%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116ER3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1865215.45   | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                     | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896ZA6<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2068140.00   | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Authority for Colorado Energy                                             | PUBLIC AUTH FOR COLORADO ST ENERGY NATURAL GAS PURCHASE REVE | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |  10495000 | PA      | $12682449.76  | 0.15%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YBE0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  16775000 | PA      | $16958587.28  | 0.21%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  48000000 | PA      | $50006764.80  | 0.61%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647KB6<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5476612.50   | 0.07%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Babylon L D Corp II                                                              | BABYLON L D CORP II N Y ED REV                               | CUSIP: 05618TAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7265000 | PA      | $7306316.06   | 0.09%             | 2053-02-01      | Fixed         | 6.65%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority Public Safety Charges Revenue             | ARKANSAS ST DEV FIN AUTH PUBLIC SAFETY CHARGES REVENUE       | CUSIP: 04084DAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $998969.20    | 0.01%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775CYA6<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    900000 | PA      | $900000.00    | 0.01%             | 2048-05-15      | Floating      | 2.89%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6205851.00   | 0.08%             | 2048-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YEQ0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5020435.00   | 0.06%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035MFP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3590000 | PA      | $3590000.00   | 0.04%             | 2031-04-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | LONG ISLAND NY PWR AUTH ELEC SYS REVENUE                     | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9948373.00   | 0.12%             | 2055-09-01      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XFW6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4950000 | PA      | $4950716.76   | 0.06%             | 2045-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MB75<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   2790000 | PA      | $2811559.17   | 0.03%             | 2043-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 882854B27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5025387.50   | 0.06%             | 2036-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Idaho Regional Solid Waste District                                     | STHRN ID REGL SOL WST DIST REVENUE                           | CUSIP: 843104AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2019870.40   | 0.02%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JEA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2282191.03   | 0.03%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA                                                               | SEATTLE WA                                                   | CUSIP: 8126265E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2495303.00   | 0.03%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE               | CUSIP: 14043FAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012328.40   | 0.02%             | 2045-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FPS7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5004683.00   | 0.06%             | 2039-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Birmingham Airport Authority                                                     | BIRMINGHAM AL ARPT AUTH ARPT REVENUE                         | CUSIP: 090888GV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508473.25    | 0.01%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18000000 | PA      | $18163560.60  | 0.22%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500364.95    | 0.01%             | 2040-11-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMV2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15122.23     | 0.00%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000BJL3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    335000 | PA      | $345964.48    | 0.00%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Manatee FL Public Utilities Revenue                                    | MANATEE CNTY FL PUBLIC UTILITIES REVENUE                     | CUSIP: 561851LP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3345000 | PA      | $3102673.48   | 0.04%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Sewerage Service Revenue                                  | NEW ORLEANS LA SEWAGE SVC REVENUE                            | CUSIP: 647719PV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1055695.32   | 0.01%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allen County Port Authority                                                      | ALLEN CNTY OHIO PORT AUTH     ECONOMIC DEV REV               | CUSIP: 01757TAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $635847.19    | 0.01%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576MB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10803849.00  | 0.13%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Luzerne County Industrial Development Authority                                  | LUZERNE CNTY PA INDL DEV AUTH                                | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5079798.90   | 0.06%             | 2039-12-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| South Dakota Board of Regents Housing & Auxiliary Facilities System              | SOUTH DAKOTA ST BRD OF RGTS HSG & AUXILIARY FAC SYS REVENUE  | CUSIP: 837542HZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1291845.38   | 0.02%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y3V9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7288861.30   | 0.09%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758F24<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5093202.50   | 0.06%             | 2038-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2554383.98   | 0.03%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Winchester Economic Development Authority                                        | WINCHESTER VA ECON DEV AUTH REVENUE                          | CUSIP: 973122AV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.00%             | 2054-01-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                  | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE             | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |  14000000 | PA      | $15329069.00  | 0.19%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | SAN ANTONIO TX WTR REVENUE                                   | CUSIP: 79642GQR6<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |  15200000 | PA      | $15200000.00  | 0.19%             | 2054-05-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 626207Y81<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1138324.22   | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358WX82<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031224.40   | 0.02%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA DEV FIN AUTH LEASE REVENUE                          | CUSIP: 67884GRB2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   4535000 | PA      | $4998254.33   | 0.06%             | 2037-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Town of Tyngsborough MA                                                          | TYNGSBOROUGH MA                                              | CUSIP: 902392KZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4275000 | PA      | $4016910.13   | 0.05%             | 2048-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883WD0<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2379989.61   | 0.03%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 64461XDX0<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2735913.74   | 0.03%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966MXH7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   8800000 | PA      | $9087496.88   | 0.11%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 882854Z62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9905000 | PA      | $9452000.77   | 0.12%             | 2044-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Turnpike & Bridge Authority                                         | RHODE ISLAND ST TURNPIKE & BRIDGE AUTH MOTOR FUEL TAX REVENU | CUSIP: 762322AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10640000 | PA      | $10684509.25  | 0.13%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317JG7<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |    500000 | PA      | $535143.40    | 0.01%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muskogee Industrial Trust                                                        | MUSKOGEE OK INDL TRUST EDUCTNL FACS LEASE REVENUE            | CUSIP: 62813NBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5520000 | PA      | $5600987.78   | 0.07%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FYJ7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  19355000 | PA      | $19642239.81  | 0.24%             | 2054-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency Homeowner Mortgage Revenue                     | NEW YORK ST MTGE AGY HOMEOWNER MTGE REVENUE                  | CUSIP: 64988YQY6<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3600000.00   | 0.04%             | 2052-10-01      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036DL7<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   5670000 | PA      | $5217007.82   | 0.06%             | 2046-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593A85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10250000 | PA      | $10384528.18  | 0.13%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham Airport Authority                                                     | BIRMINGHAM AL ARPT AUTH ARPT REVENUE                         | CUSIP: 090888GN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $817107.38    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kendall Kane & Will Counties Community Unit School District No 308               | KENDALL KANE & WILL CNTYS IL CMNTY UNIT SCH DIST #308        | CUSIP: 488764SZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5050000 | PA      | $4996246.79   | 0.06%             | 2026-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                      | NEW YORK CITY NY INDL DEV AGY REVENUE                        | CUSIP: 64971PKZ7<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107444.00   | 0.01%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GMH2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   9425000 | PA      | $9425000.00   | 0.11%             | 2048-07-01      | Floating      | 3.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI DEV BK SPL OBLIG                                 | CUSIP: 60534XT48<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1121354.00   | 0.01%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FL44<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5758317.60   | 0.07%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Public Financing Authority                                              | PASADENA CA PUBLIC FING AUTH LEASE REVENUE                   | CUSIP: 702274AT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1686158.00   | 0.02%             | 2032-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                     | CUSIP: 46615SFP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10757908.00  | 0.13%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444BZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2046229.00   | 0.02%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R3A2<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13469544.40  | 0.16%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EAE0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2062209.76   | 0.03%             | 2033-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727C53<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5177027.50   | 0.06%             | 2058-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Las Vegas NV                                                             | LAS VEGAS NV                                                 | CUSIP: 517697AS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1341492.91   | 0.02%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.01%             | 2030-12-01      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GEK6<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 0.05%             | 2049-06-15      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GYY2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1126611.79   | 0.01%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp/NY                                     | MONROE CNTY NY INDL DEV CORP REVENUE                         | CUSIP: 61075TWT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7179560.50   | 0.09%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $13089452.40  | 0.16%             | 2055-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County School Authority                                                  | CHESTER CNTY PA SCH AUTH SCH LEASE REVENUE                   | CUSIP: 165618ER6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1856460.48   | 0.02%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JBC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11078804.00  | 0.14%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YAS0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2132866.08   | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Williamsport Area School District                                                | WILLIAMSPORT PA AREA SCH DIST                                | CUSIP: 970174SM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1205246.54   | 0.01%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Du Page & Will Counties Community School District No 204 Indian Prairie          | DU PAGE & WILL CNTYS IL CMNTYSCH DIST #204 INDIAN PRAIRIE    | CUSIP: 262608TT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5203092.00   | 0.06%             | 2045-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lafayette LA Utilities Revenue                                           | LAFAYETTE LA UTILITIES REVENUE                               | CUSIP: 506498F41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6207583.20   | 0.08%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado Hospital Authority                                        | UNIV OF COLORADO CO HOSP AUTH REVENUE                        | CUSIP: 914183BL1<br>LEI: GQ60RLZ5ZEBY2J9KLI75 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5050000.00   | 0.06%             | 2039-11-15      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3035140.80   | 0.04%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Madison Water & Wastewater Board                                                 | MADISON AL WTR & WSTWTR BRD WTR & SWR REVENUE                | CUSIP: 556589KC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2632535.00   | 0.03%             | 2053-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTG1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2492375.25   | 0.03%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645R7B1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    715000 | PA      | $715128.20    | 0.01%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1129574.10   | 0.01%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4034285.60   | 0.05%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | KING CNTY WA SWR REVENUE                                     | CUSIP: 495290GS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2467467.41   | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9501759.90   | 0.12%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Telecommunication Open Infrastructure Agency                                | UTAH ST TELECOMMUNICATION OPEN INFRASTRUCTURE AGY SALES TAX  | CUSIP: 91756SAQ6<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1104442.30   | 0.01%             | 2040-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036CD6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   8045000 | PA      | $7734315.78   | 0.09%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445F61<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1777449.10   | 0.02%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lincoln SD                                                             | LINCOLN CNTY SD COPS                                         | CUSIP: 53340CBV2<br>LEI: 549300USXDZ5FGJLUV88 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6201358.80   | 0.08%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GSV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2791229.75   | 0.03%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | PRIV CLGS & UNIVS AUTH GA                                    | CUSIP: 74265LG85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5002443.00   | 0.06%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HWH4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3104014.50   | 0.04%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth Transportation Board                                       | VIRGINIA ST CMWLTH TRANSPRTN BRD TRANSPRTN REVENUE           | CUSIP: 927793X46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2850151.80   | 0.03%             | 2046-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136XF3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  10100000 | PA      | $9225425.85   | 0.11%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                           | LOS ANGELES CA                                               | CUSIP: 544351SF7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5096059.00   | 0.06%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                      | CUSIP: 71883MPY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5570000 | PA      | $5612676.23   | 0.07%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Park District                                                            | CHICAGO IL PARK DIST                                         | CUSIP: 167615XP3<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1683250.68   | 0.02%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | SAN ANTONIO TX                                               | CUSIP: 79623PUH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3095000 | PA      | $3254325.96   | 0.04%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GGG1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   9965000 | PA      | $9565700.46   | 0.12%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington County School District No 13 Banks                                    | WASHINGTON CNTY OR SCH DIST #13 BANKS                        | CUSIP: 938350FS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1366489.50   | 0.02%             | 2051-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Health Facilities Authority                                    | MIAMI-DADE CNTY FL HLTH FACS AUTH HOSP REVENUE               | CUSIP: 59334NFX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4673965.00   | 0.06%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | KENTUCKY ST PROPERTY & BLDGS COMMISSION REVENUES             | CUSIP: 49151FM98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6310285.80   | 0.08%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                       | DELAWARE VLY PA REGL FIN AUTH                                | CUSIP: 246579DU7<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   2635000 | PA      | $2864957.77   | 0.03%             | 2027-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059P26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $863923.77    | 0.01%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Raleigh Durham Airport Authority                                                 | RALEIGH DURHAM NC ARPT AUTH ARPT REVENUE                     | CUSIP: 751073MD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3587765.00   | 0.04%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                | CUSIP: 57420VJN4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100073.83    | 0.00%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R5R3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  13500000 | PA      | $14013260.55  | 0.17%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Selma Industrial Development Board                                               | SELMA AL INDL DEV BRD REVENUE                                | CUSIP: 81647PAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5121786.00   | 0.06%             | 2034-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145UT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8325333.60   | 0.10%             | 2055-02-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado School of Mines                                                         | COLORADO ST SCH OF MINES INSTNL ENTERPRISE REVENUE           | CUSIP: 19658QGD3<br>LEI: 549300TQMFMDZTM5HY46 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1826342.66   | 0.02%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260CL5<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3760000.00   | 0.05%             | 2048-04-01      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BU33<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7558964.70   | 0.09%             | 2043-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | TRAVIS CNTY TX                                               | CUSIP: 89453PJ34<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6520970.00   | 0.08%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Miami Beach FL                                                           | MIAMI BEACH FL                                               | CUSIP: 593201ZV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7355930.40   | 0.09%             | 2053-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445Y45<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2670483.00   | 0.03%             | 2041-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hobart Building Corp                                                             | HOBART IN BLDG CORP                                          | CUSIP: 433747DX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2322049.79   | 0.03%             | 2035-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2094880.20   | 0.03%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HPF6<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3815368.80   | 0.05%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                     | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896YJ8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2000547.22   | 0.02%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | FLORIDA LOC GOVT FIN COMMISSION SENIOR LIVING REVENUE        | CUSIP: 34077UAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4783023.90   | 0.06%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Summit County Development Finance Authority                                      | SUMMIT CNTY OH DEV FIN AUTH PKG SYS REVENUE                  | CUSIP: 86607JAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1774144.99   | 0.02%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH MONROE EXPRESSWAY TOLL REV   | CUSIP: 65830UAB8<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501980.50    | 0.01%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628CJC7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1367006.25   | 0.02%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FVJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $22518467.50  | 0.27%             | 2052-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GKN2<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5280387.00   | 0.06%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                       | STHRN CALIFORNIA ST PUBLIC PWR AUTH                          | CUSIP: 842475R80<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4015286.80   | 0.05%             | 2040-07-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Kentucky State University                                                        | KENTUCKY ST UNIV COPS                                        | CUSIP: 491588AS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $909087.00    | 0.01%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Convention & Visitors Authority                                        | LAS VEGAS NV CONVENTION & VISITORS AUTH CONVENTION CTR EXPAN | CUSIP: 51771FAU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9036851.00   | 0.11%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port New Orleans Board of Commissioners                                          | PORT NEW ORLEANS LA BRD OF COMMISSIONERS PORT FAC REVENUE    | CUSIP: 734782DS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043535.00   | 0.02%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TPU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $982545.10    | 0.01%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758H63<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3497467.05   | 0.04%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA DEV FIN CORP HLTHCAREFACS REVENUE                    | CUSIP: 34061QCT2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6128046.60   | 0.07%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12140000 | PA      | $12512866.75  | 0.15%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VLY STREAM NY                                                                    | VLY STREAM NY                                                | CUSIP: 920100X58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3014679.30   | 0.04%             | 2026-05-08      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| King County Public Hospital District No 1                                        | KING CNTY WA PUBLIC HOSP DIST #1                             | CUSIP: 494782KL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9430000 | PA      | $9573121.00   | 0.12%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                  | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE   | CUSIP: 345105JJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8135140.90   | 0.10%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SOL WST DISP REVENUE                    | CUSIP: 63608RAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $17009382.30  | 0.21%             | 2033-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15929935.50  | 0.19%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358WYD0<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1761374.74   | 0.02%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | BROWARD CNTY FL ARPT SYS REVENUE                             | CUSIP: 114894YP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2056683.40   | 0.03%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson NV                                                             | HENDERSON NV                                                 | CUSIP: 4252006V9<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   4610000 | PA      | $4397409.39   | 0.05%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No 508                                    | COOK CNTY IL CMNTY CLG DIST #508                             | CUSIP: 213187EB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1238035.15   | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4950000 | PA      | $5023173.87   | 0.06%             | 2053-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of St Cloud MN                                                              | SAINT CLOUD MN HLTH CARE REVENUE                             | CUSIP: 78916VDV9<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1516569.75   | 0.02%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Milwaukee WI                                                             | MILWAUKEE WI                                                 | CUSIP: 602366X43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3233824.50   | 0.04%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57583U6R4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5816835.00   | 0.07%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | KENTUCKY ST PUBLIC ENERGY AUTH GAS SPLY REVENUE              | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |  17250000 | PA      | $18902620.73  | 0.23%             | 2054-04-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Birmingham Airport Authority                                                     | BIRMINGHAM AL ARPT AUTH ARPT REVENUE                         | CUSIP: 090888GW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503849.15    | 0.01%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Building Commission of Chicago                                            | CHICAGO IL PUBLIC BLDG COMMISSION BLDG REVENUE               | CUSIP: 167664ZN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3509318.84   | 0.04%             | 2027-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY INDL DEV AUTH EXEMPT FACS REVENUE              | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3332387.60   | 0.04%             | 2047-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH             | CUSIP: 592090JY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4193525.20   | 0.05%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                            | HEMPSTEAD TOWN NY LOCAL DEV CORP EDU REVENUE                 | CUSIP: 424685AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3822190.00   | 0.05%             | 2051-02-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817UL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7860000 | PA      | $7895884.83   | 0.10%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDU6<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1555190.64   | 0.02%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5499942.53   | 0.07%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD PROJ REVENUE                                    | CUSIP: 05922KK73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $494331.50    | 0.01%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indigo Community Development District                                            | INDIGO FL CDD CAPITAL IMPT REVENUE                           | CUSIP: 45567RAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2536248 | PA      | $1496386.47   | 0.02%             | 2030-05-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GCB9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1365799.89   | 0.02%             | 2043-05-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GLU5<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15816814.50  | 0.19%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Georgetown TX                                                            | GEORGETOWN TX                                                | CUSIP: 373029UA3<br>LEI: 549300BSO7ULYERIVM97 | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2059597.42   | 0.03%             | 2043-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Victorville CA Electric Revenue                                          | VICTORVILLE CALIF ELEC REV                                   | CUSIP: 92642CAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1340278.89   | 0.02%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tippecanoe County School Building Corp                                           | TIPPECANOE CNTY IN SCH BLDG CORP                             | CUSIP: 88786PKD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1126408.90   | 0.01%             | 2043-01-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Putters/Drivers Trust                                             | JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES         | CUSIP: 46640KS62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25000000.00  | 0.30%             | 2026-04-24      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| University of North Dakota                                                       | UNIV OF NORTH DAKOTA COPS                                    | CUSIP: 914724BP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9064114.20   | 0.11%             | 2057-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807PT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2751774.30   | 0.03%             | 2040-06-15      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                           | OHIO ST AIR QUALITY DEV AUTH                                 | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2041411.40   | 0.02%             | 2039-11-01      | Floating      | 4.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FGZ2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1708308.15   | 0.02%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL                                                              | LAKELAND FL HOSP SYS REVENUE                                 | CUSIP: 511665KQ3<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4129337.20   | 0.05%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                 | NORTH CAROLINA ST CAPITAL FACS FIN AGY REVENUE               | CUSIP: 65819GLU0<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2257941.38   | 0.03%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tippecanoe County School Building Corp                                           | TIPPECANOE CNTY IN SCH BLDG CORP                             | CUSIP: 88786PKC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1998018.93   | 0.02%             | 2041-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514E95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1178900.47   | 0.01%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                  | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NEX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $475360.35    | 0.01%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $606390.72    | 0.01%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No 508                                    | COOK CNTY IL CMNTY CLG DIST #508                             | CUSIP: 213187EJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1678691.03   | 0.02%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE     | CUSIP: 54659LCZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3149367.00   | 0.04%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136XG1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  11875000 | PA      | $10530757.13  | 0.13%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Alaska Industrial Development & Export Authority                                 | ALASKA ST INDL DEV & EXPORT AUTH REVENUE                     | CUSIP: 011903GF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1990295.80   | 0.02%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center Pooled Revenue            | UNIV OF CALIFORNIA CA RGTS MED CENTER POOLED REVENUE         | CUSIP: 913366HP8<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   7525000 | PA      | $7540992.88   | 0.09%             | 2037-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Industrial Development Authority/PA                          | WESTMORELAND CNTY PA INDL DEV AUTH HLTH SYS REVENUE          | CUSIP: 960875AK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $735481.81    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498LW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1625194.08   | 0.02%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Health Facility Financing Authority                                      | INDIANA ST HLTH FAC FING AUTH                                | CUSIP: 454798SZ3<br>LEI: 549300P2SI60HN6M7V39 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2754538.33   | 0.03%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority/The                                         | ILLINOIS ST SPORTS FACS AUTH                                 | CUSIP: 452143FA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4030000 | PA      | $4038411.42   | 0.05%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582RK47<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  15540000 | PA      | $15973996.46  | 0.19%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | SEATTLE WA MUNI LIGHT & PWR REVENUE                          | CUSIP: 812643WK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8210000 | PA      | $7922018.65   | 0.10%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A5V4<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9915799.00   | 0.12%             | 2047-11-15      | Floating      | 3.59%                 | No            |                  2 | On Loan: No      |
| City of Fishers IN Sewage Works Revenue                                          | FISHERS IN SEWAGE WKS REVENUE                                | CUSIP: 33803HGB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3258634.02   | 0.04%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CCU0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4370598.31   | 0.05%             | 2040-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Harris County Industrial Development Corp                                        | HARRIS CNTY TX INDL DEV CORP                                 | CUSIP: 414189AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5131515.50   | 0.06%             | 2050-11-01      | Floating      | 4.05%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NDG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066320.10   | 0.01%             | 2040-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | MIAMI-DADE CNTY FL EXPRESSWAY AUTH TOLL SYS REVENUE          | CUSIP: 59334KJP4<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3485158.60   | 0.04%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE                    | CUSIP: 153476JH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7758780.75   | 0.09%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $775513.65    | 0.01%             | 2043-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111F90<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081344.90   | 0.01%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | COLORADO SPRINGS CO UTILITIES REVENUE                        | CUSIP: 1966326P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28125000 | PA      | $29866339.69  | 0.36%             | 2054-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 986082W68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $801574.13    | 0.01%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TVD2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2658501.00   | 0.03%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Providence Public Building Authority                                             | PROVIDENCE RI PUBLIC BLDGS AUTH REVENUE                      | CUSIP: 74381MDM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056952.30   | 0.01%             | 2044-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | DALLAS TX WTRWKS & SWR SYS REVENUE                           | CUSIP: 2354166R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3810000 | PA      | $3815755.39   | 0.05%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH HEALTH SVCS FACS LEASE REVENUE          | CUSIP: 452031AQ0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1709398.80   | 0.02%             | 2050-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333P4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18750000 | PA      | $18789296.25  | 0.23%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104PS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1704388.50   | 0.02%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Knoxville Airport Authority                                         | MET KNOXVILLE TN ARPT AUTH ARPT REVENUE                      | CUSIP: 592174AT3<br>LEI: 254900VWGT8D1GF6ZY16 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4466552.38   | 0.05%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                | CUSIP: 180848VB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6090243.00   | 0.07%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2667892.50   | 0.03%             | 2050-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | HOUSTON TX UTILITY SYS REVENUE                               | CUSIP: 44244CL21<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2579725.68   | 0.03%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts School Building Authority                                          | MASSACHUSETTS ST SCH BLDG AUTH SALES TAX REVENUE             | CUSIP: 576000YJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002326.40   | 0.02%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447THF3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4001189.60   | 0.05%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063119.10   | 0.01%             | 2036-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission Excise Tax District                                 | MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX REVENUE    | CUSIP: 61022CAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $680581.58    | 0.01%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Development Authority of Monroe County/The                                       | MONROE CNTY GA DEV AUTH POLL CONTROL REVENUE                 | CUSIP: 610530FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3011558.40   | 0.04%             | 2048-10-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| Northeastern Illinois University                                                 | N ESTRN IL UNIV COPS                                         | CUSIP: 66442RDS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1670240.79   | 0.02%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HOSP REVENUE                             | CUSIP: 45471ATD4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2330106.11   | 0.03%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486T25<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |  24000000 | PA      | $22903968.00  | 0.28%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59259Y5X3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005676.40   | 0.02%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041WH6<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4004406.80   | 0.05%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807JX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1059717.72   | 0.01%             | 2064-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Keys Aqueduct Authority                                                  | FLORIDA KEYS AQUEDUCT AUTH FL WTR REVENUE                    | CUSIP: 340765HP4<br>LEI: 549300EMJ277J3MYQ645 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2752325.40   | 0.03%             | 2041-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westminster Public Schools                                                       | WESTMINSTER CO PUBLIC SCHS COPS                              | CUSIP: 960667AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3541381.20   | 0.04%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  11350000 | PA      | $12429110.33  | 0.15%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE      | CUSIP: 64972HZ39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8524037.15   | 0.10%             | 2038-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southwest Higher Education Authority Inc                                         | S W TX HGR EDU AUTH                                          | CUSIP: 845040MC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $762582.30    | 0.01%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317HK0<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |    485000 | PA      | $486341.07    | 0.01%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Weld County Water District                                               | CENTRL WELD CNTY CO WTR DIST REVENUE                         | CUSIP: 156024CA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $496310.15    | 0.01%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Huntsville Public Building Authority                                             | HUNTSVILLE AL PUBLIC BLDG AUTH LEASE REVENUE                 | CUSIP: 447154FV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7137882.50   | 0.09%             | 2052-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Board of Regents Housing & Auxiliary Facilities System              | SOUTH DAKOTA ST BRD OF RGTS HSG & AUXILIARY FAC SYS REVENUE  | CUSIP: 837542HS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1557990.90   | 0.02%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tippecanoe County School Building Corp                                           | TIPPECANOE CNTY IN SCH BLDG CORP                             | CUSIP: 88786PJZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1168916.50   | 0.01%             | 2038-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                      | DUVAL CNTY FL SCH BRD COPS                                   | CUSIP: 267169HJ2<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3235795.20   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225HC3<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075120.90   | 0.01%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FL69<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2528237.34   | 0.03%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Weld County Water District                                               | CENTRL WELD CNTY CO WTR DIST REVENUE                         | CUSIP: 156024BX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $405595.12    | 0.00%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFL7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3075000 | PA      | $3601666.63   | 0.04%             | 2046-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | MIAMI-DADE CNTY FL WTR & SWR REVENUE                         | CUSIP: 59334DMQ4<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   8100000 | PA      | $7514352.99   | 0.09%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP EXEMPT FAC REVENUE            | CUSIP: 650110AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1324870.08   | 0.02%             | 2046-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Higher Education Facilities Authority                                 | WASHINGTON ST HGR EDU FACS AUTH                              | CUSIP: 9397813T5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $362106.26    | 0.00%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University Health System Authority                         | VIRGINIA ST CMWLTH UNIV HLTH SYS AUTH REVENUE                | CUSIP: 92778LDC1<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |   4270000 | PA      | $4297251.14   | 0.05%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576JC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1523028.90   | 0.02%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST COPS                                           | CUSIP: 939720R91<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1607937.80   | 0.02%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  15500000 | PA      | $16705679.90  | 0.20%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FPX6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $537786.25    | 0.01%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817WT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1751005.85   | 0.02%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353892Q0<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  15500000 | PA      | $16474038.60  | 0.20%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                      | CUSIP: 592190QY1<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |  15750000 | PA      | $16234654.28  | 0.20%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371514Y2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |  18000000 | PA      | $18579515.40  | 0.23%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kane & DuPage Counties Community Unit School District No 303 St Charles          | KANE & DU PAGE CNTYS IL CMNTYUNIT SCH DIST #303              | CUSIP: 483800VX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2218456.64   | 0.03%             | 2043-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Baseline Metropolitan District No 1                                              | BASELINE MET DIST #1 CO SPL REVENUE                          | CUSIP: 069826AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1543787.70   | 0.02%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DQU3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12100826.40  | 0.15%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAP2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2495391.75   | 0.03%             | 2039-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445Y78<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3116731.20   | 0.04%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                     | CUSIP: 40065NDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $2019453.34   | 0.02%             | 2037-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224XF1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5184148.00   | 0.06%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDL8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2180825.60   | 0.03%             | 2055-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV POLL CONTROL REVENUE                           | CUSIP: 181008BD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1136676.13   | 0.01%             | 2031-06-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10241649.00  | 0.12%             | 2047-09-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| School Board of Miami-Dade County/The                                            | MIAMI-DADE CNTY FL SCH DIST                                  | CUSIP: 59333RGZ1<br>LEI: 549300J3U4QVT6U3O129 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15038461.50  | 0.18%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486P78<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515123.30   | 0.02%             | 2041-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | STATE PUBLIC SCH BLDG AUTH PA LEASE REVENUE                  | CUSIP: 85732GUF5<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5110030.00   | 0.06%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                 | REGL CO TRANSPRTN DIST PRIV ACTIVITY REVENUE                 | CUSIP: 759151BJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542439.60    | 0.01%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AUJ2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5159035.50   | 0.06%             | 2054-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SBA3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  37500000 | PA      | $39466278.75  | 0.48%             | 2053-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cobb County Hospital Authority                                                   | COBB CNTY GA HOSP AUTH                                       | CUSIP: 19081PEM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4700000.00   | 0.06%             | 2034-04-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Sewerage Service Revenue                                  | NEW ORLEANS LA SEWAGE SVC REVENUE                            | CUSIP: 647719PT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $348848.47    | 0.00%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TGH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6485000 | PA      | $6550622.36   | 0.08%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EDX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5285287.70   | 0.06%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RFZ3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   7750000 | PA      | $7931337.60   | 0.10%             | 2049-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                                               | ORLANDO FL CONTRACT TOURIST DEV TAX PAYMENTS REVENUE         | CUSIP: 686432BT1<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2693281.75   | 0.03%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3050123.10   | 0.04%             | 2054-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                                               | ORLANDO FL CAPITAL IMPT SPL REVENUE                          | CUSIP: 68641HJT2<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1527579.39   | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH ECON DEV REVENUE        | CUSIP: 18610TAF7<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   5205000 | PA      | $4866651.06   | 0.06%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225ET9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   4125000 | PA      | $4239462.15   | 0.05%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 8828543K6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2530260.50   | 0.03%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7000000.00   | 0.09%             | 2044-06-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Astoria Hospital Facilities Authority                                            | ASTORIA OR HOSP FACS AUTH                                    | CUSIP: 046279CU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4485669.30   | 0.05%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Waverly Township Municipal Authority                                             | WAVERLY TWP MUNI AUTH PA LEASE REVENUE                       | CUSIP: 944007AK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1100984.11   | 0.01%             | 2030-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI LEASE DEV REVENUE                         | CUSIP: 74444YAW4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14943271.50  | 0.18%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JFQ1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   6690000 | PA      | $7472531.98   | 0.09%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3614576.00   | 0.04%             | 2042-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817UM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9950000 | PA      | $9947707.52   | 0.12%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JM9<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21629698.00  | 0.26%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE                   | CUSIP: 56042RH88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930397.10    | 0.01%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961942.50    | 0.01%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | STATE PUBLIC SCH BLDG AUTH PA LEASE REVENUE                  | CUSIP: 85732GUE8<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3890225.68   | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | VIRIDIAN TX MUNI MGMT DIST                                   | CUSIP: 92823PJJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $630162.79    | 0.01%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059P34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $908700.66    | 0.01%             | 2037-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308K60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20570000 | PA      | $20793947.65  | 0.25%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486W62<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1595100.75   | 0.02%             | 2044-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J76<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   9800000 | PA      | $7937020.98   | 0.10%             | 2031-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greater Texoma Utility Authority                                                 | GTR TEXOMA TX UTILITY AUTH CONTRACT REVENUE                  | CUSIP: 39239MAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10397800.00  | 0.13%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BBL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5430000 | PA      | $4806031.10   | 0.06%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5012652.00   | 0.06%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1605769.20   | 0.02%             | 2030-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PJS5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5410000 | PA      | $4516956.15   | 0.06%             | 2049-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue     | PENNSYLVANIA ST ECON DEV FINGAUTH PKG SYS REVENUE            | CUSIP: 70870EEP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540277.70   | 0.02%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Will County Community High School District No 210 Lincoln-Way                    | WILL CNTY IL CMNTY HIGH SCH DIST #210 LINCOLN-WAY            | CUSIP: 969073MJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2177654.44   | 0.03%             | 2033-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                        | VERNON CA ELEC SYS REVENUE                                   | CUSIP: 924397FG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $391891.76    | 0.00%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595FQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $980987.36    | 0.01%             | 2037-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389V96<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2966426.53   | 0.04%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH HSG CORP SF MTGE REVENUE                                | CUSIP: 917437GT6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1250959.63   | 0.02%             | 2054-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Allentown Commercial and Industrial Development Authority                        | ALLENTOWN COMMERCIAL & INDL DEV AUTH                         | CUSIP: 01843AAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1743716.99   | 0.02%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XXR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4014486.00   | 0.05%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486NT2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   7360000 | PA      | $7302373.41   | 0.09%             | 2026-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHC9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054086.60   | 0.01%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743VJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1087951.30   | 0.01%             | 2036-11-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10435000 | PA      | $10331388.80  | 0.13%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $26108155.00  | 0.32%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2938510.20   | 0.04%             | 2037-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GE91<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  13450000 | PA      | $14228808.80  | 0.17%             | 2047-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Douglas County Hospital Authority No 2                                           | DOUGLAS CNTY NE HOSP AUTH #2                                 | CUSIP: 259230PE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1101661.48   | 0.01%             | 2040-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | MARYLAND ST CMNTY DEV ADMIN DEPT HSG & CMNTY DEV             | CUSIP: 57419T4U2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8006762.40   | 0.10%             | 2025-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5910000 | PA      | $6362199.51   | 0.08%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Tourist Development Tax Revenue                             | BROWARD CNTY FL TOURIST DEV TAX REVENUE                      | CUSIP: 115085AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $13360596.00  | 0.16%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Board of Water Light & Sinking Fund Commissioners of The City of Dalton/The      | DALTON GA UTILITIES REVENUE                                  | CUSIP: 235586DD3<br>LEI: 549300F2NIJXYBEBL710 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963425.20    | 0.01%             | 2040-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Finance Authority                                                | OK CNTY FIN AUTH CHRT SCH LSE REV                            | CUSIP: 67868WAB5<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $964176.40    | 0.01%             | 2044-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009LY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2269591.70   | 0.03%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582RDF0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $18693866.00  | 0.23%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH SOL WST DISP REVENUE                       | CUSIP: 56042CAZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2540452.00   | 0.03%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QZ78<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10557513.00  | 0.13%             | 2047-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035FD80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5750000.00   | 0.07%             | 2053-10-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576HG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2568437.50   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Port Isabel TX                                                           | PORT ISABEL TX                                               | CUSIP: 734523DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $838996.31    | 0.01%             | 2049-02-15      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV UNIV REVENUE               | CUSIP: 71780TAY9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $965359.70    | 0.01%             | 2038-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QB90<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6430840.20   | 0.08%             | 2041-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974DYS1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2519707.50   | 0.03%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                     | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896YX7<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   4005000 | PA      | $4232165.60   | 0.05%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                                               | ORLANDO FL CAPITAL IMPT SPL REVENUE                          | CUSIP: 68641HJX3<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1682675.90   | 0.02%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 717893ZN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8010952.00   | 0.10%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                        | VERNON CA ELEC SYS REVENUE                                   | CUSIP: 924397FF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $473123.43    | 0.01%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GCA1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    440000 | PA      | $440401.10    | 0.01%             | 2033-05-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036CH7<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8173644.80   | 0.10%             | 2047-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | COLORADO ST COPS                                             | CUSIP: 196711UB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8150000 | PA      | $8222596.13   | 0.10%             | 2038-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519DH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $927911.90    | 0.01%             | 2069-09-15      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| City of Peoria IL                                                                | PEORIA IL                                                    | CUSIP: 713178DC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2142496.00   | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                    | MASSACHUSETTS ST EDUCTNL FING AUTH                           | CUSIP: 57563RUB3<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1829410.74   | 0.02%             | 2032-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                            | HAWAII ST HARBOR SYS REVENUE                                 | CUSIP: 41981THF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $629085.38    | 0.01%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059N85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1033038.17   | 0.01%             | 2034-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317JE2<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |    450000 | PA      | $488851.61    | 0.01%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LMR2<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1416948.78   | 0.02%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | COLORADO SPRINGS CO UTILITIES REVENUE                        | CUSIP: 196632LH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15785000 | PA      | $15785000.00  | 0.19%             | 2040-11-01      | Floating      | 2.87%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                             | CUSIP: 74447DAE7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4111503.20   | 0.05%             | 2042-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EPU4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7009074.80   | 0.09%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State University                                                        | ILLINOIS ST UNIV COPS                                        | CUSIP: 452259EZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12240000 | PA      | $12430251.22  | 0.15%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FHB4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1692891.90   | 0.02%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                            | HEMPSTEAD TOWN NY LOCAL DEV CORP EDU REVENUE                 | CUSIP: 424685AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10030000 | PA      | $9111501.75   | 0.11%             | 2050-02-01      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| Central Weld County Water District                                               | CENTRL WELD CNTY CO WTR DIST REVENUE                         | CUSIP: 156024BZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450639.00    | 0.01%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Birmingham Airport Authority                                                     | BIRMINGHAM AL ARPT AUTH ARPT REVENUE                         | CUSIP: 090888GX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400705.60    | 0.00%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FYI Properties                                                                   | FYI PROPERTIES WA LEASE REVENUE                              | CUSIP: 302716BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1811610.68   | 0.02%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479FR3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    705000 | PA      | $671117.49    | 0.01%             | 2030-09-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5293685.50   | 0.06%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Expressway Authority                                           | MIAMI-DADE CNTY FL EXPRESSWAY AUTH TOLL SYS REVENUE          | CUSIP: 59334KFW3<br>LEI: 549300NSQPQSO55VM780 | Long             | DBT              | MUN               | US        |   8040000 | PA      | $8075863.22   | 0.10%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317HL8<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |    320000 | PA      | $317624.67    | 0.00%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF REVENUE                          | CUSIP: 45202BSY3<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   6625000 | PA      | $6625000.00   | 0.08%             | 2066-01-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035GDR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5285000 | PA      | $5285000.00   | 0.06%             | 2053-08-01      | Floating      | 2.93%                 | No            |                  2 | On Loan: No      |
| Will County Community High School District No 210 Lincoln-Way                    | WILL CNTY IL CMNTY HIGH SCH DIST #210 LINCOLN-WAY            | CUSIP: 969073MX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $322175.64    | 0.00%             | 2032-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603A90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $961335.90    | 0.01%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allentown Commercial and Industrial Development Authority                        | ALLENTOWN COMMERCIAL & INDL DEV AUTH                         | CUSIP: 01843AAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $940800.70    | 0.01%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AA31<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   9700000 | PA      | $9956607.68   | 0.12%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 64579FWP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.00%             | 2036-07-01      | Floating      | 3.20%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE          | CUSIP: 645424BN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10742824.00  | 0.13%             | 2045-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RJ77<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    750000 | PA      | $750580.73    | 0.01%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TGW7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   5625000 | PA      | $5711851.69   | 0.07%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AN0<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4999363.00   | 0.06%             | 2030-05-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| King County School District No 210 Federal Way                                   | KING CNTY WA SCH DIST #210 FEDERAL WAY                       | CUSIP: 494890B62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10177355.00  | 0.12%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Spring Independent School District                                               | SPRING TX INDEP SCH DIST                                     | CUSIP: 850001CG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6315000 | PA      | $6860289.51   | 0.08%             | 2045-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Houston                                                            | UNIV OF HOUSTON TX UNIV REVENUES                             | CUSIP: 914302KM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3096570.30   | 0.04%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DBM3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3745000 | PA      | $3920215.07   | 0.05%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333P5W4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3236139.08   | 0.04%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Mifflin School District                                                     | WEST MIFFLIN PA AREA SCH DIST                                | CUSIP: 954498SX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1213180.68   | 0.01%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Offshore Terminal Authority                                            | LOUISIANA ST OFFSHORE TERMINAL AUTH DEEPWATER PORT REVENUE   | CUSIP: 546510FU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5277404.60   | 0.06%             | 2034-09-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371514X4<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |  17500000 | PA      | $18175627.75  | 0.22%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817WS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1228232.63   | 0.01%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                                  | HAYWARD CA UNIF SCH DIST COPS                                | CUSIP: 421294EG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5050284.50   | 0.06%             | 2047-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3028484.10   | 0.04%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YL64<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $798431.20    | 0.01%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 23503CFL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5402955.50   | 0.07%             | 2050-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado International Center Metropolitan District No 3                         | COLORADO INTERNATIONAL CENTER CO MET DIST #3                 | CUSIP: 196501AJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    367000 | PA      | $359441.78    | 0.00%             | 2031-12-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A4A1<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000038.00   | 0.06%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YXB0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $975071.60    | 0.01%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022512.00   | 0.01%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                           | NEW YORK ST ENERGY RESEARCH & DEV AUTH POLL CONTROL REVENUE  | CUSIP: 649845JD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5150052.50   | 0.06%             | 2032-08-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                 | CALIFORNIA ST POLL CONTROL FIN AUTH SOL WST DISP REVENUE     | CUSIP: 130536RN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6495279.70   | 0.08%             | 2043-07-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BKH0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2934251.38   | 0.04%             | 2050-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RNH0<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1260259.57   | 0.02%             | 2043-03-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                              | DALLAS TX WTRWKS & SWR SYS REVENUE                           | CUSIP: 23542JZU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12536145.60  | 0.15%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FSV7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $858372.10    | 0.01%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974DYR3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3531315.90   | 0.04%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794A51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7037426.90   | 0.09%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736U88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5205110.50   | 0.06%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PV5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1208254.88   | 0.01%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                            | HAWAII ST HARBOR SYS REVENUE                                 | CUSIP: 41981TJA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $424021.35    | 0.01%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No 1                                        | DENVER CITY & CNTY CO SCH DIST #1 COPS                       | CUSIP: 24919PJL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002639.40   | 0.01%             | 2035-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jacksonville Port Authority                                                      | JACKSONVILLE FL PORT AUTH                                    | CUSIP: 469466FH4<br>LEI: 5493009FOQEHVCVH7742 | Long             | DBT              | MUN               | US        |   9870000 | PA      | $9947656.17   | 0.12%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                            | HAWAII ST HARBOR SYS REVENUE                                 | CUSIP: 41981THD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1272931.25   | 0.02%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17000000 | PA      | $17452686.20  | 0.21%             | 2054-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | BROWARD CNTY FL ARPT SYS REVENUE                             | CUSIP: 114894WX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12440000 | PA      | $12447916.82  | 0.15%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACSAUTH REVENUE                    | CUSIP: 56042RU42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1174613.62   | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Compton Community College District                                               | COMPTON CA CMNTY CLG DIST                                    | CUSIP: 204709CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1584572.20   | 0.02%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224WE5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1503959.29   | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                  | FAIRFAX CNTY VA INDL DEV AUTH HLTH CARE REVENUE              | CUSIP: 30382VAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  40000000 | PA      | $41457672.00  | 0.51%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Mount Pleasant WI                                                     | MOUNT PLEASANT WI TAX INCR REVENUE                           | CUSIP: 622823AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20205000 | PA      | $20696706.86  | 0.25%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974DZX9<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   6400000 | PA      | $6480893.44   | 0.08%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Municipal Utility District No 108                              | MONTGOMERY CNTY TX MUNI UTILITY DIST #108                    | CUSIP: 61371MFE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4260000 | PA      | $3659452.46   | 0.04%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758H55<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008429.40   | 0.02%             | 2039-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GZB3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.04%             | 2045-06-15      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XBU0<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2368806.94   | 0.03%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224S83<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5905000 | PA      | $5970153.41   | 0.07%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE    | CUSIP: 83704DAC0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $107360.00    | 0.00%             | 2045-02-01      | Fixed         | 6.25%                 | No            |                  3 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QSD2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   7025000 | PA      | $7411648.27   | 0.09%             | 2047-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Jefferson County Public Hospital District No 2                                   | JEFFERSON CNTY WA PUB HOSP DIST NO 2                         | CUSIP: 473644AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4062720.80   | 0.05%             | 2033-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DVQ2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3868218.65   | 0.05%             | 2048-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pasadena Public Financing Authority                                              | PASADENA CA PUBLIC FING AUTH LEASE REVENUE                   | CUSIP: 702274AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4520000 | PA      | $4164215.43   | 0.05%             | 2029-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Hutto TX                                                                 | HUTTO TX                                                     | CUSIP: 448474ZR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4710665.50   | 0.06%             | 2049-08-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Okemos Public Schools                                                            | OKEMOS MI PUBLIC SCH DIST                                    | CUSIP: 678467PH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3099627.60   | 0.04%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                   | LA PAZ CNTY AZ INDL DEV AUTH EDU FAC REVENUE                 | CUSIP: 50376HAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1061909.68   | 0.01%             | 2038-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116EQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2654023.19   | 0.03%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA UNIV REVENUE                                | CUSIP: 25484JDJ6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7825192.20   | 0.10%             | 2060-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035GR75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3675000.00   | 0.04%             | 2028-10-01      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DISTRICT OF COLUMBIA REVENUE                                 | CUSIP: 254839RY1<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4340000.00   | 0.05%             | 2038-08-15      | Floating      | 2.80%                 | No            |                  2 | On Loan: No      |
| City of Kansas City MO Water Revenue                                             | KANSAS CITY MO WTR REVENUE                                   | CUSIP: 485116F44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4703895.00   | 0.06%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R4F0<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  13540000 | PA      | $14052032.70  | 0.17%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603A25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4418708.58   | 0.05%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHH8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862483.40    | 0.01%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FTA3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  30000000 | PA      | $30585651.00  | 0.37%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EDW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11265000 | PA      | $11181720.11  | 0.14%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington County School District No 13 Banks                                    | WASHINGTON CNTY OR SCH DIST #13 BANKS                        | CUSIP: 938350FR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1010959.75   | 0.01%             | 2044-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445CC1<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9013700.70   | 0.11%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358W5S9<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4543107.50   | 0.06%             | 2045-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BCY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8950000 | PA      | $8872066.09   | 0.11%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145QF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2303062.25   | 0.03%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389W38<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3850000 | PA      | $4049929.73   | 0.05%             | 2047-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224MX4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   9345000 | PA      | $9355849.55   | 0.11%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL                                           | CUSIP: 59333FTB6<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |  12935000 | PA      | $12971229.64  | 0.16%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Eugene OR Electric Utility System Revenue                                | EUGENE OR ELEC UTILITY REVENUE                               | CUSIP: 298191X28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4725970.20   | 0.06%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp                                                | NEW YORK ST LIBERTY DEV CORP LIBERTY REVENUE                 | CUSIP: 649519EM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4323240.45   | 0.05%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  22000000 | PA      | $19803975.40  | 0.24%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066956.00   | 0.01%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817ZA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2096708.20   | 0.03%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND HLTH & EDUCTNL BLDG CORP PUBLIC SCHS REVENUE    | CUSIP: 76219MAR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2483300.52   | 0.03%             | 2043-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                      | SHELBY CNTY TN HLTH EDUCTNL &HSG FACS BRD REVENUE            | CUSIP: 821697Z44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16000000 | PA      | $17679648.00  | 0.22%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Harris TX Toll Road Revenue                                            | HARRIS CNTY TX TOLL ROAD REVENUE                             | CUSIP: 41423PCB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $2858557.59   | 0.03%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Louis School District                                                         | SAINT LOUIS MO SPL ADMIN BRD OF THE TRANSITIONAL SCH DIST    | CUSIP: 791697EK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4840000 | PA      | $4872628.38   | 0.06%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                | ATLANTA GA DEV AUTH                                          | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029975.20   | 0.02%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443BS4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    605000 | PA      | $614317.36    | 0.01%             | 2026-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EVT0<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3266755.67   | 0.04%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Kent DE                                                                | KENT CNTY DE REVENUE                                         | CUSIP: 490229AT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2136240.09   | 0.03%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883WE8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1702821.83   | 0.02%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Boulder CO Water & Sewer Revenue                                         | BOULDER CO WTR & SWR REVENUE                                 | CUSIP: 10146HNS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $135000.08    | 0.00%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934D1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2083659.44   | 0.03%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RTV3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    810000 | PA      | $811870.86    | 0.01%             | 2033-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Michigan Public Educational Facilities Authority                                 | MICHIGAN ST PUBLIC EDUCTNL FACS AUTH                         | CUSIP: 594569CX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $910508.78    | 0.01%             | 2036-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Ohio County Board of Education                                                   | OHIO CNTY WV BRD OF EDU                                      | CUSIP: 677313EL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2683530.90   | 0.03%             | 2026-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JDY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078707.40   | 0.01%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | PENNSYLVANIA ST TURNPIKE COMMISSION OIL FRANCHISE TAX REVENU | CUSIP: 709221VL6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5145000 | PA      | $5217435.43   | 0.06%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                            | HEMPSTEAD TOWN NY LOCAL DEV CORP EDU REVENUE                 | CUSIP: 424685AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6085000 | PA      | $6124910.30   | 0.07%             | 2042-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GNE0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  11490000 | PA      | $11564660.87  | 0.14%             | 2047-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452151YE7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3220020.51   | 0.04%             | 2030-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JNP9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4056144.69   | 0.05%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Electric Utility Revenue                                       | AUSTIN TX ELEC UTILITY SYS REVENUE                           | CUSIP: 052414PU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13705000 | PA      | $13675615.11  | 0.17%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham Airport Authority                                                     | BIRMINGHAM AL ARPT AUTH ARPT REVENUE                         | CUSIP: 090888GR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $659194.20    | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Utilities Authority                                                 | UNION CNTY NJ UTILITIES AUTH RESOURCE RECOVERY FAC LEASE REV | CUSIP: 906363AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9210000 | PA      | $9226809.17   | 0.11%             | 2031-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Grant WA                                                               | GRANT CNTY WA                                                | CUSIP: 387802FL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3678816.05   | 0.04%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of South Carolina                                                     | UNIV OF SOUTH CAROLINA SC ATHLETIC FACS REVENUE              | CUSIP: 914849HP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8155000 | PA      | $8231155.47   | 0.10%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136XJ5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3721005.00   | 0.05%             | 2031-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                            | UTILITY DEBT SECURITIZATION AUTH NY                          | CUSIP: 91802REL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2870000 | PA      | $2955131.38   | 0.04%             | 2040-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District                                                 | ALHAMBRA CA UNIF SCH DIST ELEM SCHS IMPT DIST                | CUSIP: 016066BN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $1860638.33   | 0.02%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YBF7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5037703.00   | 0.06%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145VP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4225000 | PA      | $4439162.72   | 0.05%             | 2045-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J35<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  24950000 | PA      | $21807208.18  | 0.27%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS                         | CUSIP: 88275FWY1<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3069170.70   | 0.04%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Sumter County Utility Dependent District                                   | N SUMTER CNTY FL UTILITY DEPENDENT DIST UTILITY REVENUE      | CUSIP: 66272RCG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7179762.10   | 0.09%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758YM9<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7838116.50   | 0.10%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                 | OHIO ST WTR DEV AUTH REVENUE                                 | CUSIP: 67765QEB8<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   5390000 | PA      | $5483322.46   | 0.07%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                           | MINNEAPOLIS MN REVENUE                                       | CUSIP: 603786FP4<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    700000 | PA      | $700000.00    | 0.01%             | 2040-12-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317JH5<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |    520000 | PA      | $552638.94    | 0.01%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615LS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28280000 | PA      | $28280000.00  | 0.35%             | 2059-04-15      | Floating      | 2.99%                 | No            |                  2 | On Loan: No      |
| Washington Convention & Sports Authority                                         | WASHINGTON DC CONVENTION & SPORTS AUTH DEDICATED TAX REVENUE | CUSIP: 93878LCX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004712.20   | 0.01%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883WG3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   4140000 | PA      | $4197581.19   | 0.05%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10914187.00  | 0.13%             | 2054-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pasadena Independent School District                                             | PASADENA TX INDEP SCH DIST                                   | CUSIP: 702334FR9<br>LEI: 549300QY114RR4MXVU24 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6442856.88   | 0.08%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498HC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2478912.70   | 0.03%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                               | CUSIP: 56682HCK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15750000 | PA      | $14688234.23  | 0.18%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Travis County Housing Finance Corp                                               | TRAVIS CNTY TX HSG FIN CORP MF HSG REVENUE                   | CUSIP: 89438UBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003475.20   | 0.02%             | 2045-06-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | STATE PUBLIC SCH BLDG AUTH PA CLG REVENUE                    | CUSIP: 85732ML21<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002330.60   | 0.02%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | LOUISIANA STADIUM & EXPOSITION DIST LA                       | CUSIP: 546410CY5<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20769756.00  | 0.25%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC                                                             | CHARLOTTE NC COPS                                            | CUSIP: 161037G42<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001676.10   | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797355M35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $796258.70    | 0.01%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE   | CUSIP: 84136JAK5<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5621463.50   | 0.07%             | 2035-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission Excise Tax District                                 | MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX REVENUE    | CUSIP: 61022CAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2529805.00   | 0.03%             | 2037-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3031331.70   | 0.04%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carmel Local Public Improvement Bond Bank                                        | CARMEL IN LOCAL PUBLIC IMPT BOND BANK                        | CUSIP: 143287BA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6088075.80   | 0.07%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collegiate Charter School of Lowell                                              | LOWELL MA COLLEGIATE CHRT SCH REVENUE                        | CUSIP: 547649AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000365.30   | 0.01%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | VIRIDIAN TX MUNI MGMT DIST                                   | CUSIP: 92823PJL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $680024.82    | 0.01%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Chase Putters/Drivers Trust                                             | JP MORGAN CHASE PUTTERS/DRIVERS TRUST VARIOUS STATES         | CUSIP: 46640KS39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.24%             | 2026-01-24      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FYA7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1873364.53   | 0.02%             | 2042-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Garden State Preservation Trust                                                  | GARDEN ST PRESERVATION TRUST NJ OPEN SPACE & FARMLAND PRESER | CUSIP: 365418BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9510000 | PA      | $9977656.15   | 0.12%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kentucky State University                                                        | KENTUCKY ST UNIV COPS                                        | CUSIP: 491588AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894458.50    | 0.01%             | 2056-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No 508                                    | COOK CNTY IL CMNTY CLG DIST #508                             | CUSIP: 213187EF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3644080.30   | 0.04%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950579.60    | 0.01%             | 2044-05-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HCF2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15491637.00  | 0.19%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Mount Pleasant WI                                                     | MOUNT PLEASANT WI TAX INCR REVENUE                           | CUSIP: 622823AU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $659026.10    | 0.01%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136XH9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $6879760.00   | 0.08%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Aerotropolis Regional Transportation Authority                                   | AEROTROPOLIS REGL TRANPRTN AUTH CO SPL REVENUE               | CUSIP: 008051AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6353492.60   | 0.08%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QFL9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2784903.82   | 0.03%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Western Nassau County Water Authority                                            | WSTRN NASSAU CNTY NY WTR AUTH                                | CUSIP: 958792EY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1015021.26   | 0.01%             | 2046-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DPC0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2964837.16   | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917S6Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7103212.90   | 0.09%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990BQJ5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2997674.10   | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlantic County Improvement Authority/The                                        | ATLANTIC CNTY NJ IMPT AUTH LEASE REVENUE                     | CUSIP: 048501JQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $692277.60    | 0.01%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Julington Creek Plantation Community Development District                        | JULINGTON CREEK PLANTATION FLCDD                             | CUSIP: 481367BR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2872808.40   | 0.04%             | 2054-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                              | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353QF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $971901.60    | 0.01%             | 2033-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX                                                               | EL PASO TX                                                   | CUSIP: 283734B42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6550940.50   | 0.08%             | 2031-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225HD1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3200034.60   | 0.04%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois Municipal Power Agency                                         | NTHRN IL MUNI PWR AGY PWR PROJ REVENUE                       | CUSIP: 665250CS3<br>LEI: VWCV6ROJUT9NS55JU583 | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3448215.36   | 0.04%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $26501030.00  | 0.32%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252KS7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6003052.20   | 0.07%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glynn-Brunswick Memorial Hospital Authority                                      | GLYNN-BRUNSWICK GA MEMORIAL HOSP AUTH                        | CUSIP: 380037FY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2580000 | PA      | $2581513.43   | 0.03%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mizuho Floater/Residual Trust                                                    | MIZUHO FLOATER/RESIDUAL TRUST VARIOUS STATES                 | CUSIP: 60700HUN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1120000.00   | 0.01%             | 2038-03-01      | Floating      | 3.12%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059N77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $902992.94    | 0.01%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                   | CUSIP: 86480TAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3030383.70   | 0.04%             | 2053-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21670000 | PA      | $23299040.08  | 0.28%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                            | HAWAII ST HARBOR SYS REVENUE                                 | CUSIP: 41981THE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $886304.83    | 0.01%             | 2034-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Department of Transportation                                      | NORTH CAROLINA DEPT TRANSN    PRIVATE ACTIVITY REVENUE       | CUSIP: 65820FAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1276864.82   | 0.02%             | 2028-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                 | ALAMO TX CMNTY CLG DIST                                      | CUSIP: 011415UX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2688813.50   | 0.03%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nacogdoches Independent School District                                          | NACOGDOCHES TX INDEP SCH DIST                                | CUSIP: 629649TX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6210000 | PA      | $6289599.78   | 0.08%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DUW9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1521722.55   | 0.02%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shakopee MN Senior Housing Revenue                                       | SHAKOPEE MN SENIORHSG REVENUE                                | CUSIP: 81919TAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13520000 | PA      | $13511645.99  | 0.16%             | 2058-11-01      | Floating      | 5.85%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GH98<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  11005000 | PA      | $11672271.67  | 0.14%             | 2054-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593N81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5386108.50   | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwest Higher Education Authority Inc                                         | S W TX HGR EDU AUTH                                          | CUSIP: 845040ME1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $911719.62    | 0.01%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Health & Educational Facilities Authority                          | MASSACHUSETTS ST HLTH & EDUCTNL FACS AUTH REVENUE            | CUSIP: 57586CGB5<br>LEI: 549300MV50RWQFTX5223 | Long             | DBT              | MUN               | US        |    445000 | PA      | $445000.00    | 0.01%             | 2040-07-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2078473.39   | 0.03%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KDJ9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6931032.98   | 0.08%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD                                  | CUSIP: 64763HHK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1137723.07   | 0.01%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                              | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353QE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1366594.83   | 0.02%             | 2032-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District                                                  | SOUTH BROWARD FL HOSP DIST                                   | CUSIP: 836753MY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2120000 | PA      | $1973277.98   | 0.02%             | 2048-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032BZ3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6378755.40   | 0.08%             | 2046-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  14500000 | PA      | $15534108.10  | 0.19%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP ST CLEAN WTR & DRINKING WTR  | CUSIP: 64986DHU2<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |  10035000 | PA      | $10199987.44  | 0.12%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008QAE9<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1305052.63   | 0.02%             | 2045-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wise County Industrial Development Authority                                     | WISE CNTY VA INDL DEV AUTH SOL WST & SEWAGE DISP REVENUE     | CUSIP: 977228AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13250000 | PA      | $13339674.68  | 0.16%             | 2040-10-01      | Floating      | 3.13%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PPE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507558.20   | 0.02%             | 2046-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PBU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21500000 | PA      | $21556102.10  | 0.26%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647KJ9<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   3405000 | PA      | $3298994.86   | 0.04%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                                     | MARICOPA CNTY AZ SPL HLTH CARE DIST                          | CUSIP: 56756TBJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3600026.50   | 0.04%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL EDU FACS FIN CORP TX HOSP REVENUE          | CUSIP: 645424AP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2062596.84   | 0.03%             | 2033-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                       | GREAT LAKES MI WTR AUTH SEWAGE DISPOSAL SYS REVENUE          | CUSIP: 39081HAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6905000 | PA      | $6984447.55   | 0.09%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE           | CUSIP: 71780CBZ2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2403078.00   | 0.03%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DGB2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1670145.62   | 0.02%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2917131.37   | 0.04%             | 2034-07-01      | Floating      | 6.45%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD GULF OPPORTUNITY ZONE CFC REVENU | CUSIP: 64763XAY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1534862.25   | 0.02%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | CMWLTH FING AUTH PA TOBACCO MASTER SETTLEMENT PAYMENT REV    | CUSIP: 20282EAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $11776482.00  | 0.14%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308W91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21296746.00  | 0.26%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND HLTH & EDUCTNL BLDG CORP PUBLIC SCHS REVENUE    | CUSIP: 76219MAQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2142181.60   | 0.03%             | 2042-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204E2L1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2747388.33   | 0.03%             | 2034-11-01      | Floating      | 4.06%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794C67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6800000 | PA      | $7255476.92   | 0.09%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Water Supply System Revenue                          | GREAT LAKES MI WTR AUTH WTR SPLY SYS REVENUE                 | CUSIP: 39081JBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11056203.40  | 0.13%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13421361.20  | 0.16%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge Enterprise                                                       | COLORADO ST BRIDGE ENTERPRISE REVENUE                        | CUSIP: 19633SAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $671306.53    | 0.01%             | 2031-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QR0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8937720.90   | 0.11%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Waverly Township Municipal Authority                                             | WAVERLY TWP MUNI AUTH PA LEASE REVENUE                       | CUSIP: 944007AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1148951.45   | 0.01%             | 2031-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nacogdoches Independent School District                                          | NACOGDOCHES TX INDEP SCH DIST                                | CUSIP: 629649TW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1618254.53   | 0.02%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035EF32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    236000 | PA      | $236000.00    | 0.00%             | 2028-07-01      | Floating      | 3.17%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                  | ALLEGHENY CNTY PA HOSP DEV AUTH                              | CUSIP: 01728A5C6<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2139152.40   | 0.03%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EVS2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3257054.48   | 0.04%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TSN4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5418639.00   | 0.07%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | JACKSONVILLE FL HLTH CARE FACS REVENUE                       | CUSIP: 469400EL5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3106740.00   | 0.04%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV HOSP REVENUE               | CUSIP: 717901CE0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.04%             | 2054-07-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                | CUSIP: 49126KLC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5072767.00   | 0.06%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486K65<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   6615000 | PA      | $5997612.79   | 0.07%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                        | UNIV OF CONNECTICUT CT                                       | CUSIP: 914233Z20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1600441.45   | 0.02%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham Airport Authority                                                     | BIRMINGHAM AL ARPT AUTH ARPT REVENUE                         | CUSIP: 090888GP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $555539.30    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Palestine TX                                                             | PALESTINE TX                                                 | CUSIP: 696327LL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3563360.40   | 0.04%             | 2051-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YAT8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2303377.18   | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593P48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7595655.75   | 0.09%             | 2035-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | MARYLAND ST TRANSPRTN AUTH TRANSPRTN FACS PROJ REVENUE       | CUSIP: 574300MP1<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2011062.98   | 0.02%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Volusia County Educational Facility Authority                                    | VOLUSIA CNTY FL EDUCTNL FAC AUTH                             | CUSIP: 928836ND3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6629871.30   | 0.08%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035PXY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2250000.00   | 0.03%             | 2054-06-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| Western Regional Off-Track Betting Corp                                          | WESTERN REGL OFF-TRACK BETTING CORP REVENUE                  | CUSIP: 959321AB6<br>LEI: 549300OJK9LIIXQUYY95 | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2340680.08   | 0.03%             | 2041-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DPD8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3267850.80   | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH CHARTER SCH REVENUE                    | CUSIP: 190779AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1193500.00   | 0.01%             | 2025-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST                                                      | CUSIP: 677522YN8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   4265000 | PA      | $4282914.28   | 0.05%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153DA4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3726196.60   | 0.05%             | 2042-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission Excise Tax District                                 | MONONGALIA CNTY WV COMMISSION SPL DIST EXCISE TAX REVENUE    | CUSIP: 61022CAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1265477.28   | 0.02%             | 2043-06-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | STATE PUBLIC SCH BLDG AUTH PA LEASE REVENUE                  | CUSIP: 85732GUK4<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |  16715000 | PA      | $16921493.77  | 0.21%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of DeSoto TX                                                                | DESOTO TX                                                    | CUSIP: 24170PVY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2267851.95   | 0.03%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                               | DENTON TX INDEP SCH DIST                                     | CUSIP: 249002MC7<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8251776.00   | 0.10%             | 2053-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                  | FAIRFAX CNTY VA INDL DEV AUTH REVENUE                        | CUSIP: 303823MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2795915.10   | 0.03%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Roswell Housing Authority                                                        | ROSWELL GA HSG AUTH                                          | CUSIP: 778542AK6<br>LEI: ZI8Q1A8EI8LQFJNM0D94 | Long             | DBT              | MUN               | US        |  12600000 | PA      | $12600000.00  | 0.15%             | 2027-09-01      | Floating      | 2.73%                 | No            |                  2 | On Loan: No      |
| North Pocono School District                                                     | NORTH POCONO PA SCH DIST                                     | CUSIP: 661684QS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1798412.53   | 0.02%             | 2032-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI HOTEL REVENUE                             | CUSIP: 74447DAB3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2544625.00   | 0.03%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582RUN4<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1811153.51   | 0.02%             | 2048-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BH38<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4771008.50   | 0.06%             | 2043-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4210000 | PA      | $4215760.12   | 0.05%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JEP4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4436298.00   | 0.05%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883ZE5<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5460439.05   | 0.07%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                        | VERNON CA ELEC SYS REVENUE                                   | CUSIP: 924397FH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $435211.85    | 0.01%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | ILLINOIS ST SALES TAX REVENUE                                | CUSIP: 452227NK3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1956860.80   | 0.02%             | 2037-06-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Alabama Special Care Facilities Financing Authority-Birmingham AL                | ALABAMA ST SPL CARE FACS FINGAUTH BIRMINGHAM REVENUE         | CUSIP: 010399CR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11026518.80  | 0.13%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SMQ6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2630000.00   | 0.03%             | 2044-03-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YAV3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1486701.16   | 0.02%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHD7<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1679065.92   | 0.02%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3249814.43   | 0.04%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp                                                     | FLORIDA ST HSG FIN CORP MF MTGE REVENUE                      | CUSIP: 34074HDA7<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    735000 | PA      | $755560.38    | 0.01%             | 2047-12-15      | Fixed         | 7.60%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LA2<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10457909.00  | 0.13%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Municipal Authority                                                    | LANCASTER PA MUNI AUTH HLTHCARE FACS REVENUE                 | CUSIP: 514350AL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1206612.96   | 0.01%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE      | CUSIP: 45203PAC8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7185223.50   | 0.09%             | 2043-12-01      | Floating      | 4.80%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FTV7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4166486.80   | 0.05%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3533075.35   | 0.04%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park 70 Metropolitan District                                                    | PARK 70 CO MET DIST                                          | CUSIP: 70014RAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968719.00    | 0.01%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tippecanoe County School Building Corp                                           | TIPPECANOE CNTY IN SCH BLDG CORP                             | CUSIP: 88786PJX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1186181.00   | 0.01%             | 2036-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LFH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1775104.20   | 0.02%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                  | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $281395.20    | 0.00%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH LEASE REVENUE                              | CUSIP: 63610FBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10392411.00  | 0.13%             | 2051-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | S ESTRN PA TRANSPRTN AUTH                                    | CUSIP: 842039FQ7<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3138796.20   | 0.04%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAH0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14995029.00  | 0.18%             | 2045-10-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FAH0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2525915.08   | 0.03%             | 2051-11-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595GN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14715000 | PA      | $5660828.13   | 0.07%             | 2045-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225DY9<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2741333.10   | 0.03%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS                         | CUSIP: 88275FWX3<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3059697.90   | 0.04%             | 2048-09-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DGF0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  48630000 | PA      | $48626989.80  | 0.59%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                     | NORTHERN IL UNIV REVENUES                                    | CUSIP: 665245ZG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1651390.29   | 0.02%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                    | MIDDLEBURG HEIGHTS OH HOSP REVENUE                           | CUSIP: 596126CW0<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1013262.03   | 0.01%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YAU5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2419792.28   | 0.03%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FPW8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12735935.00  | 0.16%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Port Facilities Revenue                                     | BROWARD CNTY FL PORT FACS REVENUE                            | CUSIP: 11506KFJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $6689849.94   | 0.08%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Building Aid Revenue                | NEW YORK CITY NY TRANSITIONAL FIN AUTH BLDG AID REVENUE      | CUSIP: 64972HVS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2857531.41   | 0.03%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Verona Area School District                                                      | VERONA WI AREA SCH DIST                                      | CUSIP: 925095RS2<br>LEI: 549300A33TE7YIRX1368 | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3411815.63   | 0.04%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GGF3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   9615000 | PA      | $9402742.14   | 0.11%             | 2036-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DED0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3469486.02   | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3117231.60   | 0.04%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                           | M-S-R CA ENERGY AUTH GAS REVENUE                             | CUSIP: 55374SAD2<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |  11895000 | PA      | $12583689.57  | 0.15%             | 2029-11-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JGR8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3540000 | PA      | $3667285.66   | 0.04%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036AL0<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3905963.25   | 0.05%             | 2041-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District                                                 | ALHAMBRA CA UNIF SCH DIST                                    | CUSIP: 016059DG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $6393878.25   | 0.08%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YEM9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  12885000 | PA      | $13035985.14  | 0.16%             | 2033-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Collegiate Charter School of Lowell                                              | LOWELL MA COLLEGIATE CHRT SCH REVENUE                        | CUSIP: 547649AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1649106.73   | 0.02%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059G75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9585000 | PA      | $9669796.58   | 0.12%             | 2035-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $942138.50    | 0.01%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Convention & Sports Authority                                         | WASHINGTON DC CONVENTION & SPORTS AUTH DEDICATED TAX REVENUE | CUSIP: 93878LCM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $629192.00    | 0.01%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Higher Education Facilities Authority                                 | WASHINGTON ST HGR EDU FACS AUTH                              | CUSIP: 9397813X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928613.60    | 0.01%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479FT9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4530000 | PA      | $3503517.86   | 0.04%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Industrial Development Authority/PA                          | WESTMORELAND CNTY PA INDL DEV AUTH HLTH SYS REVENUE          | CUSIP: 960875AM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $592994.31    | 0.01%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UCB8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2094449.40   | 0.03%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | KING CNTY WA SWR REVENUE                                     | CUSIP: 495290GU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2295000 | PA      | $2325026.40   | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                            | MEDFORD OR HOSP FACS AUTH REVENUE                            | CUSIP: 584283HA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4390000 | PA      | $4447815.42   | 0.05%             | 2045-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Eugene OR Electric Utility System Revenue                                | EUGENE OR ELEC UTILITY REVENUE                               | CUSIP: 298191S99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1220454.40   | 0.01%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                              | COOK CNTY IL SALES TAX REVENUE                               | CUSIP: 213248DE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5223540.00   | 0.06%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| King County School District No 414 Lake Washington                               | KING CNTY WA SCH DIST #414 LAKE WASHINGTON                   | CUSIP: 495260K75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050767.40   | 0.01%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jacksonville Port Authority                                                      | JACKSONVILLE FL PORT AUTH                                    | CUSIP: 469466FG6<br>LEI: 5493009FOQEHVCVH7742 | Long             | DBT              | MUN               | US        |   4080000 | PA      | $4148554.20   | 0.05%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Via Metropolitan Transit Advanced Transportation District Sales Tax Revenue      | VIA MET TRANSIT ADVANCED TRANSPRTN DIST TX SALES TAX REVENUE | CUSIP: 92555FDG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5749863.35   | 0.07%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LMT8<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1505187.74   | 0.02%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                | REGL TRANSPRTN AUTH IL                                       | CUSIP: 759911WH9<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   8865000 | PA      | $9165806.29   | 0.11%             | 2027-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Old Spanish Trail-Alemda Corridors Redevelopment Authority                       | OLD SPANISH TRAIL-ALMEDA CORRIDORS TX REDEV AUTH REVENUE     | CUSIP: 68029NCF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1410815.12   | 0.02%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL HOSP REVENUE                                        | CUSIP: 875161CZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $987981.20    | 0.01%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Valley Water District                                                  | LAS VEGAS VLY NV WTR DIST                                    | CUSIP: 517845MX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4835025.96   | 0.06%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Muskogee Industrial Trust                                                        | MUSKOGEE OK INDL TRUST EDUCTNL FACS LEASE REVENUE            | CUSIP: 62813NBA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4440000 | PA      | $4522926.32   | 0.06%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana Gasoline & Fuels Tax Revenue                                  | LOUISIANA ST GAS & FUELS TAX REVENUE                         | CUSIP: 546475VV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5415000 | PA      | $5415000.00   | 0.07%             | 2043-05-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                                               | ORLANDO FL CAPITAL IMPT SPL REVENUE                          | CUSIP: 68641HJY1<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1767782.35   | 0.02%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116ES1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1853908.35   | 0.02%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                          | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                    | CUSIP: 072024ST0<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |  23545000 | PA      | $23400793.94  | 0.29%             | 2036-04-01      | Floating      | 4.14%                 | No            |                  2 | On Loan: No      |
| Southwest Higher Education Authority Inc                                         | S W TX HGR EDU AUTH                                          | CUSIP: 845040LT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1518033.83   | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358WN83<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  16580000 | PA      | $17209789.64  | 0.21%             | 2039-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEB4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1748004.09   | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QVW7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6610266.65   | 0.08%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | TEXAS ST PUBLIC FIN AUTH LEASE REVENUE                       | CUSIP: 882669BL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2215663.80   | 0.03%             | 2036-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JKP7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2632324.00   | 0.03%             | 2054-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104NY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3067552.15   | 0.04%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                          | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                   | CUSIP: 14054WAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1385031.48   | 0.02%             | 2044-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Public Hospital District No 2                                   | JEFFERSON CNTY WA PUB HOSP DIST NO 2                         | CUSIP: 473644AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3589104.87   | 0.04%             | 2043-12-01      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| Private Colleges & Universities Authority                                        | PRIV CLGS & UNIVS AUTH GA                                    | CUSIP: 74265LS58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4080494.80   | 0.05%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                                                   | LOWER AL GAS DIST GAS PROJ REVENUE                           | CUSIP: 547804AM6<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |  20590000 | PA      | $20632164.20  | 0.25%             | 2050-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Will County Community Unit School District No 209-U Wilmington                   | WILL CNTY IL CMNTY UNIT SCH DIST #209-U WILMINGTON           | CUSIP: 969071JT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3868352.82   | 0.05%             | 2041-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Nacogdoches Independent School District                                          | NACOGDOCHES TX INDEP SCH DIST                                | CUSIP: 629649TU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $867299.81    | 0.01%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XJG7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   6085000 | PA      | $6100822.22   | 0.07%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                        | UNIV OF CONNECTICUT CT                                       | CUSIP: 914233Z38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2631297.25   | 0.03%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DV78<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4652005.00   | 0.06%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP SOL WST DISP REVENUE                | CUSIP: 605155BQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $10998598.60  | 0.13%             | 2050-05-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EAF7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    940000 | PA      | $940689.02    | 0.01%             | 2048-08-01      | Fixed         | 7.20%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308H72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10058793.00  | 0.12%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHE5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1148268.66   | 0.01%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4789106.75   | 0.06%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | AUSTIN TX WTR & WSTWTR SYS REVENUE                           | CUSIP: 052476V21<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |  15065000 | PA      | $15153729.84  | 0.18%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 7353892S6<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  19000000 | PA      | $19802689.20  | 0.24%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2790013 | PA      | $2846622.49   | 0.03%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMC4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1487018.89   | 0.02%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Mebane NC Combined Utilities Revenue                                     | MEBANE NC COMB UTILS REVENUE                                 | CUSIP: 583445AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2675000 | PA      | $2512751.09   | 0.03%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 882854Z47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6563103.30   | 0.08%             | 2038-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH MTR VEHCL SURCHARGE REVENUE      | CUSIP: 64578JBA3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2620000 | PA      | $2582635.66   | 0.03%             | 2029-07-01      | Fixed         | 3.13%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                | CUSIP: 57420VJP9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200122.32    | 0.00%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UBE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3040873.50   | 0.04%             | 2045-06-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Okaloosa County School Board                                                     | OKALOOSA CNTY FL SCH BRD                                     | CUSIP: 678233DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5155852.50   | 0.06%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Monte Union High School District                                              | EL MONTE CA UNION HIGH SCH DIST                              | CUSIP: 283353QD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1707318.80   | 0.02%             | 2031-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State College Area School District/PA                                            | STATE COLLEGE PA AREA SCH DIST                               | CUSIP: 856706WW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000856.00   | 0.06%             | 2040-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Westminster CO                                                           | WESTMINSTER CO COPS                                          | CUSIP: 96065PGP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004566.40   | 0.02%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $724907.96    | 0.01%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Rapid Transit                                                        | DALLAS TX AREA RAPID TRANSIT SALES TAX REVENUE               | CUSIP: 235241RV0<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5019071.50   | 0.06%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XFV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1841337.88   | 0.02%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST COPS                                           | CUSIP: 939720XJ2<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3265000 | PA      | $3330061.66   | 0.04%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND HLTH & EDUCTNL BLDG CORP PUBLIC SCHS REVENUE    | CUSIP: 76219MAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2221729.02   | 0.03%             | 2044-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RDW2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   3975000 | PA      | $4068239.59   | 0.05%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District No 114 Evergreen                                    | CLARK CNTY WA SCH DIST #114 EVERGREEN                        | CUSIP: 181234M93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2554194.00   | 0.03%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934F6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1751032.57   | 0.02%             | 2043-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Marshall Creek Community Development District                                    | MARSHALL CREEK FL CDD SPL ASSMNT                             | CUSIP: 57231NAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105128.95    | 0.00%             | 2045-05-01      | Fixed         | 6.32%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST GAS SPLY REVENUE   | CUSIP: 84136JAL3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  45000000 | PA      | $49971204.00  | 0.61%             | 2055-11-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008QAD1<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047589.60   | 0.01%             | 2044-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RCT4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4562624.25   | 0.06%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000BQY7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048344.20   | 0.01%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FTW5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5163607.50   | 0.06%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp III                                | TEXAS ST MUNI GAS ACQUISITION& SPLY CORP III GAS SPLY REVEN  | CUSIP: 88256HBH0<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5439717.00   | 0.07%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fayette County School District Finance Corp                                      | FAYETTE CNTY KY SCH DIST FIN CORP                            | CUSIP: 312432H67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5600000 | PA      | $5542188.40   | 0.07%             | 2038-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Home Ownership Revenue        | WISCONSIN ST HSG & ECON DEV AUTH HOME OWNERSHIP REVENUE      | CUSIP: 97689QQH2<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   8600000 | PA      | $8600000.00   | 0.10%             | 2042-03-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | STHRN ILLINOIS ST UNIV                                       | CUSIP: 8431464X6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $547272.85    | 0.01%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032URP5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3019359.00   | 0.04%             | 2048-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Public Financing Authority                                              | PASADENA CA PUBLIC FING AUTH LEASE REVENUE                   | CUSIP: 702274AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2025444.74   | 0.02%             | 2027-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST COPS                                           | CUSIP: 939720R75<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1824963.58   | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Williamsport Area School District                                                | WILLIAMSPORT PA AREA SCH DIST                                | CUSIP: 970174SK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1490407.96   | 0.02%             | 2033-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAN7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12003182.40  | 0.15%             | 2035-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mesa Water District                                                              | MESA CA WTR DIST                                             | CUSIP: 59059CAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513189.90    | 0.01%             | 2039-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority/The                                         | ILLINOIS ST SPORTS FACS AUTH                                 | CUSIP: 452143EY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4775000 | PA      | $4790204.08   | 0.06%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No 15                                     | VILLAGE CDD NO 15 SPL ASSMNT REVENUE                         | CUSIP: 92708KAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1994487.11   | 0.02%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3219153.60   | 0.04%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                      | CUSIP: 13080S2U7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12876768.00  | 0.16%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                | REGL TRANSPRTN AUTH IL                                       | CUSIP: 759911RX0<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   7275000 | PA      | $7561547.70   | 0.09%             | 2027-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QQB9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3002540.40   | 0.04%             | 2039-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                | CUSIP: 790103AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4010084.80   | 0.05%             | 2041-08-01      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035HKK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6400000 | PA      | $6400000.00   | 0.08%             | 2053-12-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Kentwood Economic Development Corp                                               | KENTWOOD MI ECON DEV CORP                                    | CUSIP: 491740EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $606492.60    | 0.01%             | 2045-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JE7<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25027137.50  | 0.31%             | 2049-11-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153AW9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2534202.75   | 0.03%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JGQ0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2081526.80   | 0.03%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | VIRIDIAN TX MUNI MGMT DIST                                   | CUSIP: 92823PJK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $655095.50    | 0.01%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TJK0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $970889.90    | 0.01%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | N TX TOLLWAY AUTH REVENUE                                    | CUSIP: 66285WJ56<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3822453.60   | 0.05%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT SPL FAC REVENUE         | CUSIP: 167590EZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011746.60   | 0.01%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE    | CUSIP: 83704DAJ5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    370000 | PA      | $350652.70    | 0.00%             | 2029-12-06      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104PX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5203706.40   | 0.06%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398EQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8002522.40   | 0.10%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Illinois                                                           | UNIV OF ILLINOIS IL REVENUES                                 | CUSIP: 914353KA4<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2319584.80   | 0.03%             | 2026-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JAY4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   7040000 | PA      | $7593867.78   | 0.09%             | 2047-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                | GUAM INTERNATIONAL ARPT AUTH                                 | CUSIP: 40064RFD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $567652.10    | 0.01%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528UT50<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |  10535000 | PA      | $10423020.32  | 0.13%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                             | COLTON CA JT UNIF SCH DIST                                   | CUSIP: 197036HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $852517.10    | 0.01%             | 2031-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   6555000 | PA      | $6181632.44   | 0.08%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3749796.00   | 0.05%             | 2034-04-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                     | CHICAGO IL BRD OF EDU DEDICATED CAPITAL IMPT TAX             | CUSIP: 167510BJ4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10398459.00  | 0.13%             | 2048-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775HDU4<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.02%             | 2050-11-15      | Floating      | 3.10%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DP83<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.02%             | 2050-02-15      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                              | GEORGIA ST HSG & FIN AUTH REVENUE                            | CUSIP: 37353PMF3<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $11819168.40  | 0.14%             | 2049-12-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AC21<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3005000 | PA      | $3067862.50   | 0.04%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwest Higher Education Authority Inc                                         | S W TX HGR EDU AUTH                                          | CUSIP: 845040MD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015363.80   | 0.01%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445ET2<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15160926.00  | 0.18%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501UL7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3359525.99   | 0.04%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greater Texoma Utility Authority                                                 | GTR TEXOMA TX UTILITY AUTH CONTRACT REVENUE                  | CUSIP: 39239MEC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10215780.00  | 0.12%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UHL1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    715000 | PA      | $520552.18    | 0.01%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20894470.00  | 0.25%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JWG9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5281979.00   | 0.06%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389J33<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  16000000 | PA      | $16170918.40  | 0.20%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                                     | NORTHAMPTON CNTY PA GEN PURPOSE AUTH REVENUE                 | CUSIP: 663507DJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10300000 | PA      | $10300000.00  | 0.13%             | 2039-11-15      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                    | CUSIP: 917393CU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8220000 | PA      | $7920835.57   | 0.10%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UHJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2792768.33   | 0.03%             | 2030-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KFX6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4736424.60   | 0.06%             | 2052-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                           | SOUTH DAKOTA ST HLTH & EDUCTNL FACS AUTH                     | CUSIP: 83755VU44<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10466558.00  | 0.13%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Broadway Station Metropolitan District No 3                                      | BROADWAY STATION MET DIST NO 3 CO                            | CUSIP: 111571AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $954417.38    | 0.01%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059N69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $991524.96    | 0.01%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeastern Illinois University                                                 | N ESTRN IL UNIV COPS                                         | CUSIP: 66442RDR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1757253.63   | 0.02%             | 2045-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Ernest N Morial New Orleans Exhibition Hall Authority                            | ERNEST N MORIAL-NEW ORLEANS LA EXHIBIT HALL AUTH SPL TAX     | CUSIP: 295852KB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5216807.50   | 0.06%             | 2053-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604THG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11510000 | PA      | $11673689.47  | 0.14%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority/The                                         | ILLINOIS ST SPORTS FACS AUTH                                 | CUSIP: 452143CT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $1981911.74   | 0.02%             | 2026-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                           | MINNEAPOLIS MN HLTH CARE SYS REVENUE                         | CUSIP: 60374VEE9<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $1973561.11   | 0.02%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Miami Beach Redevelopment Agency                                                 | MIAMI BEACH FL REDEV AGY                                     | CUSIP: 593237GH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6352564.20   | 0.08%             | 2041-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445F46<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5223584.00   | 0.06%             | 2047-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486S83<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3876060.00   | 0.05%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $482458.85    | 0.01%             | 2042-02-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6693784.80   | 0.08%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035PSH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $3990000.00   | 0.05%             | 2053-07-15      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority Public Safety Charges Revenue             | ARKANSAS ST DEV FIN AUTH PUBLIC SAFETY CHARGES REVENUE       | CUSIP: 04084DAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $492689.20    | 0.01%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Aubrey TX                                                                | AUBREY TX                                                    | CUSIP: 050177KB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2696486.10   | 0.03%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | DALLAS TX SPL TAX REVENUE                                    | CUSIP: 235380AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6825000 | PA      | $6828292.38   | 0.08%             | 2053-08-15      | Floating      | 6.25%                 | No            |                  2 | On Loan: No      |
| Point Phase 1 Public Infrastructure District No 1                                | POINT PHASE 1 PUB INFRASTRUCTURE DIST #1 UT TAX ASSMNT & GEN | CUSIP: 73058EAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043659.80   | 0.02%             | 2045-03-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Northwestern School Building Corp                                                | N WSTRN IN SCH BLDG CORP                                     | CUSIP: 668265EN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $949338.14    | 0.01%             | 2039-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 986082Q65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2224131.60   | 0.03%             | 2036-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wiseburn School District                                                         | WISEBURN CA SCH DIST                                         | CUSIP: 977266HV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2530000 | PA      | $1921898.06   | 0.02%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521527C9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4820000 | PA      | $4630413.49   | 0.06%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532HU1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10000000.00  | 0.12%             | 2048-07-01      | Floating      | 3.25%                 | No            |                  2 | On Loan: No      |
| Salem Hospital Facility Authority                                                | SALEM OR HOSP FAC AUTH REVENUE                               | CUSIP: 794458EJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5010331.50   | 0.06%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10792224.00  | 0.13%             | 2053-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA                                           | CUSIP: 735371SH0<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027861.70   | 0.01%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New Haven CT                                                             | NEW HAVEN CT                                                 | CUSIP: 645021AQ9<br>LEI: 549300U4OHEAZ124LQ06 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3102191.40   | 0.04%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Baton Rouge Sewerage Commission                                             | E BATON ROUGE PARISH LA SWR COMMISSION REVENUE               | CUSIP: 270618HF1<br>LEI: 5493006BC84VNIRSCG97 | Long             | DBT              | MUN               | US        |   6075000 | PA      | $5705372.70   | 0.07%             | 2041-02-01      | Floating      | 1.30%                 | No            |                  2 | On Loan: No      |
| Kane & DuPage Counties Community Unit School District No 303 St Charles          | KANE & DU PAGE CNTYS IL CMNTYUNIT SCH DIST #303              | CUSIP: 483800VZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6050000 | PA      | $5726586.97   | 0.07%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Warren KY                                                              | WARREN CNTY KY HOSP REVENUE                                  | CUSIP: 934864CP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3085870.50   | 0.04%             | 2054-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV  | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2623290.75   | 0.03%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FJE5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5017639.55   | 0.06%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389R26<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   7865000 | PA      | $7971798.84   | 0.10%             | 2046-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Volusia County Educational Facility Authority                                    | VOLUSIA CNTY FL EDUCTNL FAC AUTH                             | CUSIP: 928836NE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4047799.60   | 0.05%             | 2049-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County/The                                        | BURKE CNTY GA DEV AUTH POLL CONTROL REVENUE                  | CUSIP: 121342QC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1308792.15   | 0.02%             | 2032-10-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA Water & Sewer Revenue                                      | SHREVEPORT LA WTR & SWR REVENUE                              | CUSIP: 825485XP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $914680.40    | 0.01%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Park District                                                            | CHICAGO IL PARK DIST                                         | CUSIP: 167615B44<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |   4555000 | PA      | $4633199.78   | 0.06%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RiverSouth Authority                                                             | RIVERSOUTH OH AUTH REVENUE                                   | CUSIP: 769318CC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1570702.42   | 0.02%             | 2027-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                | RHODE ISLAND ST HLTH & EDUCTNL BLDG CORP HGR EDU FAC REVENUE | CUSIP: 762197E56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1892012.63   | 0.02%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                 | NORTH CAROLINA ST CAPITAL FACS FIN AGY EDUCTNL FACS REVENUE  | CUSIP: 65818PMH9<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |    500000 | PA      | $478186.95    | 0.01%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883TL6<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   3820000 | PA      | $3854659.24   | 0.05%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116FS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3421702.20   | 0.04%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                             | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE               | CUSIP: 40065FDF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600051.52   | 0.02%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Johns County School Board                                                     | SAINT JOHNS CNTY FL SCH BRD COPS                             | CUSIP: 790409GW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5194335.50   | 0.06%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lakeside Plantation Community Development District                               | LAKESIDE PLANTATION FL CDD CAPITAL IMPT REVENUE              | CUSIP: 512181AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    616000 | PA      | $617351.50    | 0.01%             | 2031-05-01      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2965000 | PA      | $3098398.61   | 0.04%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224WR6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   9960000 | PA      | $10038295.56  | 0.12%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wildwood Utility Dependent District                                              | WILDWOOD UTILITY DEPENDENT DIST FL UTILITY REVENUE           | CUSIP: 968214AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8250000 | PA      | $8498902.50   | 0.10%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Industrial Development Authority/PA                          | WESTMORELAND CNTY PA INDL DEV AUTH HLTH SYS REVENUE          | CUSIP: 960875AL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $583040.04    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HYL3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6002155.20   | 0.07%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Santa Clara Valley Transportation Authority                                      | SANTA CLARA VLY CA TRANSPRTN AUTH SALES TAX REVENUE          | CUSIP: 80168NJY6<br>LEI: 549300R6Q7T4MD3V9H68 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.02%             | 2055-06-01      | Floating      | 1.69%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974DYJ1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526148.45   | 0.02%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO          | CUSIP: 167560MW8<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1821855.31   | 0.02%             | 2032-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RMF5<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001144.50   | 0.01%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Highlands County Health Facilities Authority                                     | HIGHLANDS CNTY FL HLTH FACS AUTH                             | CUSIP: 431022KF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8000000.00   | 0.10%             | 2033-11-15      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Pasadena Public Financing Authority                                              | PASADENA CA PUBLIC FING AUTH LEASE REVENUE                   | CUSIP: 702274AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $1904961.44   | 0.02%             | 2031-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Quakertown General Authority                                                     | QUAKERTOWN PA GEN AUTH                                       | CUSIP: 74752PBN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968523.10    | 0.01%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wheatlands Metropolitan District                                                 | WHEATLANDS CO MET DIST #2                                    | CUSIP: 962714AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $651966.90    | 0.01%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452152M24<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1203499.98   | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jacksonville Public Educational Building Authority                               | JACKSONVILLE PUBLIC EDUCTNL BLDG AUTH                        | CUSIP: 469480AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4614850.35   | 0.06%             | 2048-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 590545R76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $974639.60    | 0.01%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Park District                                                            | CHICAGO IL PARK DIST                                         | CUSIP: 167615B28<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |   4025000 | PA      | $3739825.53   | 0.05%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Local Option Gas Tax Revenue                                    | LEE CNTY FL LOCAL OPTIONAL GAS TAX REVENUE                   | CUSIP: 52349LDW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5155489.50   | 0.06%             | 2049-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| El Paso County Hospital District                                                 | EL PASO CNTY TX HOSP DIST                                    | CUSIP: 283590JA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3665190.20   | 0.04%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RHR9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4117693.60   | 0.05%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 882854Q70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  42000000 | PA      | $42693751.80  | 0.52%             | 2049-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FLY9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2176089.08   | 0.03%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Garfield County Educational Facilities Authority                                 | GARFIELD CNTY OK EDUCTNL FACS AUTH                           | CUSIP: 365716AU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031921.20   | 0.02%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059P42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $853473.36    | 0.01%             | 2038-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203H5F5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  12980000 | PA      | $12982219.58  | 0.16%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lansing Board of Water & Light                                                   | LANSING MICH BRD WTR & LT UTIL SYS REV                       | CUSIP: 516391FN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9600000 | PA      | $10180777.92  | 0.12%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XR2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1946250.60   | 0.02%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shakopee Independent School District No 720                                      | SHAKOPEE MN INDEP SCH DIST #720                              | CUSIP: 819190UU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $244695.91    | 0.00%             | 2032-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA ST STWD CMNTYS DEV AUTH MFH REVENUE               | CUSIP: 13079PXB4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |  10520000 | PA      | $10520000.00  | 0.13%             | 2057-03-01      | Floating      | 2.59%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | PENNSYLVANIA ST TURNPIKE COMMISSION OIL FRANCHISE TAX REVENU | CUSIP: 709221VJ1<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6126961.80   | 0.07%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447PYT2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   7895000 | PA      | $7901571.80   | 0.10%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398HR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3129059.70   | 0.04%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MGW5<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |  11300000 | PA      | $11300000.00  | 0.14%             | 2045-04-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp                                                             | ALASKA ST RAILROAD CORP CRUISE PORT REVENUE                  | CUSIP: 01176AAN3<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1167853.90   | 0.01%             | 2040-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 658909HX7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   7595000 | PA      | $7595000.00   | 0.09%             | 2046-01-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647JM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3777548.80   | 0.05%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035MDZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6605000 | PA      | $6605000.00   | 0.08%             | 2032-12-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | SAN ANTONIO TX                                               | CUSIP: 79623PUB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2586802.18   | 0.03%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                                               | ORLANDO FL CONTRACT TOURIST DEV TAX PAYMENTS REVENUE         | CUSIP: 686432BU8<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3733361.45   | 0.05%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Convention & Sports Authority                                         | WASHINGTON DC CONVENTION & SPORTS AUTH DEDICATED TAX REVENUE | CUSIP: 93878LCZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983112.50    | 0.01%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532PZ1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5599407.00   | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QG61<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  21165000 | PA      | $22554882.27  | 0.28%             | 2043-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cumberland Valley School District                                                | CUMBERLAND VLY PA SCH DIST                                   | CUSIP: 230822TW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1329092.26   | 0.02%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Appleton Redevelopment Authority                                                 | APPLETON WI REDEV AUTH REDEV REVENUE                         | CUSIP: 038127AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9800000 | PA      | $9800000.00   | 0.12%             | 2036-06-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 590545R68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981198.20    | 0.01%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fort Pierce Utilities Authority                                                  | FORT PIERCE FL UTILITIES AUTH                                | CUSIP: 348430PT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051616.40   | 0.01%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153FL8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6802926.00   | 0.08%             | 2047-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036DH6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   8040000 | PA      | $7588804.85   | 0.09%             | 2043-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL                                           | CUSIP: 59333FVE7<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4923792.00   | 0.06%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Dallas TX                                                              | DALLAS CNTY TX                                               | CUSIP: 234650PB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4275000 | PA      | $4537861.63   | 0.06%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sugar Land TX                                                            | SUGAR LAND TX                                                | CUSIP: 864856EB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1286674.00   | 0.02%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145RB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2945000 | PA      | $2995354.20   | 0.04%             | 2033-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250FV1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3003125.40   | 0.04%             | 2053-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Texoma Utility Authority                                                 | GTR TEXOMA TX UTILITY AUTH CONTRACT REVENUE                  | CUSIP: 39239MHS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2112392.00   | 0.03%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Mississippi                                                             | MISSISSIPPI ALCOHOLIC BEVERAGE CONTROL REVENUE               | CUSIP: 605606AX0<br>LEI: 549300JRWW5RFQUB7P94 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3100221.60   | 0.04%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709225GL4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   8250000 | PA      | $8610458.18   | 0.11%             | 2052-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PDK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10364168.00  | 0.13%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 64461XDS1<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5022142.00   | 0.06%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COMMODITY SPLY REVENUE              | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3073970.40   | 0.04%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSM9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $861515.60    | 0.01%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GWB7<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3171025.20   | 0.04%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 7973555X8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $11246024.40  | 0.14%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GLS0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   6455000 | PA      | $6833560.58   | 0.08%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059P59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995634.10    | 0.01%             | 2039-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498LV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $770568.88    | 0.01%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FKR5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1055520.00   | 0.01%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                 | REGL CO TRANSPRTN DIST PRIV ACTIVITY REVENUE                 | CUSIP: 759151BV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $769288.40    | 0.01%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224XB0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1311925.86   | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp                                                | GRAND PARKWAY TRANSPRTN CORP TX SYS TOLL REVENUE             | CUSIP: 38611TAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1080096.01   | 0.01%             | 2029-10-01      | Floating      | 4.95%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                        | CENTRL TX REGL MOBILITY AUTH REVENUE                         | CUSIP: 155498HB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3053832.30   | 0.04%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DVB5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5078541.50   | 0.06%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LJ3<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |  12855000 | PA      | $14279808.35  | 0.17%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Cherry Creek Valley Water and Sanitation District                           | E CHERRY CREEK VLY CO WTR & SANTN DIST ARAPAHOE CNTY         | CUSIP: 271579CV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $751538.70    | 0.01%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp                                                             | ALASKA ST RAILROAD CORP CRUISE PORT REVENUE                  | CUSIP: 01176AAV5<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2322420.53   | 0.03%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Village of Mount Pleasant WI                                                     | MOUNT PLEASANT WI TAX INCR REVENUE                           | CUSIP: 622823AS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6910000 | PA      | $6989649.50   | 0.09%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kendall Kane & Will Counties Community Unit School District No 308               | KENDALL KANE & WILL CNTYS IL CMNTY UNIT SCH DIST #308        | CUSIP: 488764TA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12050000 | PA      | $11557586.39  | 0.14%             | 2027-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH ECON DEV REVENUE                         | CUSIP: 45505RBT1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $10995068.70  | 0.13%             | 2028-05-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Development Authority for Fulton County                                          | FULTON CNTY GA DEV AUTH HOSP  REVENUE                        | CUSIP: 36005GAX1<br>LEI: 549300533NJL38F4K144 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2258547.98   | 0.03%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Akron/The                                                          | UNIV OF AKRON OH                                             | CUSIP: 914023LQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3012722.40   | 0.04%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035PRX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.18%             | 2045-07-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035EK85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3445000.00   | 0.04%             | 2038-04-01      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   9215000 | PA      | $9914601.88   | 0.12%             | 2053-07-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust                                                 | TULSA OK ARPTS IMPT TRUST                                    | CUSIP: 899647SM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3770000 | PA      | $3804475.90   | 0.05%             | 2048-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YC98<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3835000 | PA      | $3447325.22   | 0.04%             | 2045-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Holmes County Hospital Corp                                                      | HOLMES CNTY FL HOSP CORP HOSP REVENUE                        | CUSIP: 436343AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2156643.50   | 0.03%             | 2038-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | MIAMI-DADE CNTY FL WTR & SWR REVENUE                         | CUSIP: 59334DNX8<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   4715000 | PA      | $4949826.80   | 0.06%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1744369.25   | 0.02%             | 2032-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XDT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10710000 | PA      | $9992023.02   | 0.12%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Utah UT                                                                | UTAH CNTY UT HOSP REVENUE                                    | CUSIP: 917393AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1868540.40   | 0.02%             | 2045-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XDY9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5382733.00   | 0.07%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cornerstar Metropolitan District                                                 | CORNERSTAR MET DIST CO                                       | CUSIP: 21923JAD0<br>LEI: 549300E33QX68QTOF873 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950960.80    | 0.01%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y4S5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   7805000 | PA      | $7781394.56   | 0.09%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Yonkers Industrial Development Agency                                            | YONKERS NY INDL DEV AGY SCH FAFAC REV                        | CUSIP: 986094BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5192523.00   | 0.06%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Pierce Utilities Authority                                                  | FORT PIERCE FL UTILITIES AUTH                                | CUSIP: 348430PP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075403.40   | 0.01%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Thompson Crossing Metropolitan District No 4                                     | THOMPSON CROSSING MET DIST #4 CO                             | CUSIP: 88477EAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $1996975.76   | 0.02%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204E6E3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $3393250.00   | 0.04%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH MF HSG REVENUE               | CUSIP: 45506CBS5<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3122956.43   | 0.04%             | 2043-01-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| City of Cedar Rapids IA                                                          | CEDAR RAPIDS IA                                              | CUSIP: 1505282U0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3630000 | PA      | $3440373.16   | 0.04%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Independent School District/TX                                       | SAN ANTONIO TX INDEP SCH DIST                                | CUSIP: 796269N20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10140000 | PA      | $10143327.95  | 0.12%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                | CUSIP: 180848XH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9360000 | PA      | $9550895.33   | 0.12%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648A5J0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    290000 | PA      | $283422.77    | 0.00%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue     | PENNSYLVANIA ST ECON DEV FINGAUTH PKG SYS REVENUE            | CUSIP: 70870EEK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2356610.89   | 0.03%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JEB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3684844.80   | 0.04%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145PF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2645059.20   | 0.03%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland Valley School District                                                | CUMBERLAND VLY PA SCH DIST                                   | CUSIP: 230822TX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3709241.28   | 0.05%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bastrop TX                                                               | BASTROP TX                                                   | CUSIP: 070321VA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5715000 | PA      | $5307369.62   | 0.06%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of McKinney TX Waterworks & Sewer System Revenue                            | MCKINNEY TX WTRWKS & SWR REVENUE                             | CUSIP: 581714E73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8320000 | PA      | $7834069.57   | 0.10%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486P86<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1504078.50   | 0.02%             | 2043-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | STHRN ILLINOIS ST UNIV                                       | CUSIP: 8431465C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002860.30   | 0.01%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                | REGL TRANSPRTN AUTH IL                                       | CUSIP: 759911XW5<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5757631.00   | 0.07%             | 2033-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260FV0<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   3235000 | PA      | $3235000.00   | 0.04%             | 2054-04-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486S91<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14443810.50  | 0.18%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Victorville CA Electric Revenue                                          | VICTORVILLE CALIF ELEC REV                                   | CUSIP: 92642CAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1106134.76   | 0.01%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061ULM8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1533942.16   | 0.02%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971WS76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5580000 | PA      | $5420240.14   | 0.07%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    745000 | PA      | $664865.79    | 0.01%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YDV8<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4375408.58   | 0.05%             | 2054-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486T33<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5475000 | PA      | $5387756.42   | 0.07%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Allentown Commercial and Industrial Development Authority                        | ALLENTOWN COMMERCIAL & INDL DEV AUTH                         | CUSIP: 01843AAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2399126.00   | 0.03%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV  | CUSIP: 708692BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16000000 | PA      | $15997961.60  | 0.20%             | 2045-08-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| City of Brownsville TX Utilities System Revenue                                  | BROWNSVILLE TX UTILITY SYS REVENUE                           | CUSIP: 1164753L6<br>LEI: 549300ZLUVMJ8K0OEK50 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027415.70   | 0.01%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224ZD4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1768211.20   | 0.02%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603YX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3085000 | PA      | $3122011.36   | 0.04%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pinellas County Industrial Development Authority                                 | PINELLAS CNTY FL INDL DEV AUTH INDL DEV REVENUE              | CUSIP: 72316VAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1973648.80   | 0.02%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                 | MINNESOTA ST HSG FIN AGY                                     | CUSIP: 60416SWE6<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   8850000 | PA      | $8850000.00   | 0.11%             | 2041-01-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398ER1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500043.05   | 0.04%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | MISSISSIPPI ST DEV BANK SPL OBLG                             | CUSIP: 60534TFR1<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   4660000 | PA      | $4666640.50   | 0.06%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EPQ5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25032690.00  | 0.31%             | 2045-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salado Independent School District                                               | SALADO TX INDEP SCH DIST                                     | CUSIP: 793810MF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1625572.89   | 0.02%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Old Spanish Trail-Alemda Corridors Redevelopment Authority                       | OLD SPANISH TRAIL-ALMEDA CORRIDORS TX REDEV AUTH REVENUE     | CUSIP: 68029NCE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1122968.14   | 0.01%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                           | SOUTH DAKOTA ST HLTH & EDUCTNL FACS AUTH                     | CUSIP: 83755VW67<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1298934.00   | 0.02%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HBD8<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2169195.75   | 0.03%             | 2042-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ontario Montclair School District                                                | ONTARIO CA MONTCLAIR SCH DIST                                | CUSIP: 683119DJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1397873.55   | 0.02%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                        | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |  16000000 | PA      | $17333153.60  | 0.21%             | 2054-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5918461 | PA      | $5950282.23   | 0.07%             | 2034-01-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647CY5<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7618829.25   | 0.09%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | JACKSONVILLE FL HLTH CARE FACS REVENUE                       | CUSIP: 469400DZ5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2305000.00   | 0.03%             | 2036-08-01      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 882854Z39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4062525.60   | 0.05%             | 2037-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 626207Y99<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1132982.29   | 0.01%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE        | CUSIP: 575579L54<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   6920000 | PA      | $6873344.67   | 0.08%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2087783.45   | 0.03%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE                   | CUSIP: 56042RYH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4101302.25   | 0.05%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust                                                 | TULSA OK ARPTS IMPT TRUST                                    | CUSIP: 899647SL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4485000 | PA      | $4509302.42   | 0.06%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH             | CUSIP: 592090KS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2618197.24   | 0.03%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH REVENUE                                     | CUSIP: 353202FP4<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5022510.00   | 0.06%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HFW0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   6285000 | PA      | $6285115.02   | 0.08%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                               | MARYLAND ST ECON DEV CORP SPL OBLIG                          | CUSIP: 57422FAF3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2073176.50   | 0.03%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alamo Community College District                                                 | ALAMO TX CMNTY CLG DIST                                      | CUSIP: 011415VD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6150000 | PA      | $6415389.72   | 0.08%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sangamon Logan & Menard Counties Community Unit School Dist No 15 Williamsville  | SANGAMON LOGAN & MENARD CNTYS IL CMNTY UNIT SCH DIST #15     | CUSIP: 800783FU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1329779.40   | 0.02%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  18000000 | PA      | $19252081.80  | 0.23%             | 2054-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YAU3<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $935633.40    | 0.01%             | 2045-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                    | MIDDLEBURG HEIGHTS OH HOSP REVENUE                           | CUSIP: 596126CX8<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2574750.00   | 0.03%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                   | CUSIP: 158862CE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5104358.00   | 0.06%             | 2049-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576JU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5346357.50   | 0.07%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                 | SAINT JOHNS CNTY FL INDL DEV AUTH SENIOR LIVING REVENUE      | CUSIP: 79041LAP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1179228.15   | 0.01%             | 2046-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Mifflin School District                                                     | WEST MIFFLIN PA AREA SCH DIST                                | CUSIP: 954498SY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023274.20   | 0.01%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GSU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2812398.50   | 0.03%             | 2037-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Clark Building Corp                                                      | GREATER CLARK IN BLDG CORP                                   | CUSIP: 39167GJR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5712759.00   | 0.07%             | 2038-07-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                    | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE     | CUSIP: 018444BY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $795044.10    | 0.01%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                | PHILADELPHIA PA AUTH FOR INDL DEV CHRT SCH REVENUE           | CUSIP: 71780CBV1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1212677.50   | 0.01%             | 2043-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528UT76<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2911451.40   | 0.04%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Sumter County Utility Dependent District                                   | N SUMTER CNTY FL UTILITY DEPENDENT DIST UTILITY REVENUE      | CUSIP: 66272RCH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3287103.63   | 0.04%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358WX74<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6697037.90   | 0.08%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                            | HAWAII ST HARBOR SYS REVENUE                                 | CUSIP: 41981THG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300826.44    | 0.00%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                     | CUSIP: 544532PR9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1342792.13   | 0.02%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALLSPRING GOVERNMENT MONEY MAR                                                   | ALLSPRING GOVERNMENT MONEY MAR                               | CUSIP: 000000000<br>LEI: 549300GFSYYLVYEWA041 | Long             | STIV             | RF                | US        |   9431727 | NS      | $9431726.61   | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NBD0<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |  23075000 | PA      | $23101547.79  | 0.28%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                           | SOUTH DAKOTA ST HLTH & EDUCTNL FACS AUTH                     | CUSIP: 83755VG99<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10048792.00  | 0.12%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                  | PENNSYLVANIA HGR EDU ASSISTANCE AGY LOAN REVENUE             | CUSIP: 70878CBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3173216.10   | 0.04%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XDS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2200086.50   | 0.03%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH MIDWESTERN DISASTER RELIEF REVENUE          | CUSIP: 45470CAF6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3912463.20   | 0.05%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479FS1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1007837.54   | 0.01%             | 2040-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHB1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1007232.47   | 0.01%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seattle WA Municipal Light & Power Revenue                               | SEATTLE WA MUNI LIGHT & PWR REVENUE                          | CUSIP: 812643SA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3132981.94   | 0.04%             | 2047-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399SY3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10088033.00  | 0.12%             | 2059-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224P52<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3045379.50   | 0.04%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Jefferson Industrial Development Board                                      | W JEFFERSON AL INDL DEV BRD SOL WST DISP REVENUE             | CUSIP: 95345PAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.03%             | 2063-08-01      | Floating      | 3.32%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009RV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3019497.00   | 0.04%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035PTV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3520000 | PA      | $3520000.00   | 0.04%             | 2045-11-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ENERGY ACQUISITION CORP COMMODITY PROJECT REVENUE  | CUSIP: 88044TAL3<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2839918.49   | 0.03%             | 2052-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797355M43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1526287.00   | 0.02%             | 2034-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LEP5<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $2960626.40   | 0.04%             | 2034-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS FIN AUTH SURFACE FREIGHT TRANSFER FACS REVENUE      | CUSIP: 45203PAA2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $19825500.00  | 0.24%             | 2043-12-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                       | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE          | CUSIP: 120827EF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6703962.20   | 0.08%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 986082W50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $917892.22    | 0.01%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445Y52<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2119506.20   | 0.03%             | 2042-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP REVENUE           | CUSIP: 87638TJJ3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1369208.78   | 0.02%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | TEXAS ST                                                     | CUSIP: 882722Q53<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3900000.00   | 0.05%             | 2042-06-01      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL Department of Electric Utilities                             | LAKELAND FL ENERGY SYS REVENUE                               | CUSIP: 51166FFX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1339117.00   | 0.02%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QTX1<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   5900000 | PA      | $6058658.08   | 0.07%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL                                                              | LAKELAND FL HOSP SYS REVENUE                                 | CUSIP: 511665KR1<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3601074.75   | 0.04%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528UZJ3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4048125.20   | 0.05%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JHD1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11806522.20  | 0.14%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Overtown Park West Community Redevelopment Agency                      | S E OVERTOWN PARK W CMNTY REDEV AGY FL TAX                   | CUSIP: 841466BC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2367755.11   | 0.03%             | 2040-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FPN8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5172601.00   | 0.06%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445EL9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1516477.76   | 0.02%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Midland County Hospital District                                                 | MIDLAND CNTY TX HOSP DIST                                    | CUSIP: 597503EK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3111577.50   | 0.04%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GJT0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4265000 | PA      | $4329804.54   | 0.05%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 6262075D2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1046241.28   | 0.01%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JEQ2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1450760.64   | 0.02%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                    | MIDDLEBURG HEIGHTS OH HOSP REVENUE                           | CUSIP: 596126DQ2<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   3730000 | PA      | $3410465.07   | 0.04%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990E3G0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3847305.56   | 0.05%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | ILLINOIS ST SALES TAX REVENUE                                | CUSIP: 452227SC6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3701528.95   | 0.05%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333PZ92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18000000 | PA      | $18176569.20  | 0.22%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wiggins School District No RE-50J Adams Morgan & Weld Counties                   | WIGGINS CO SCH DIST #RE-50J ADAMS MORGAN & WELD CNTYS        | CUSIP: 967710CQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2182573.30   | 0.03%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | VIRIDIAN TX MUNI MGMT DIST                                   | CUSIP: 92823PKE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $555199.86    | 0.01%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035PCL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4060000 | PA      | $4060000.00   | 0.05%             | 2032-12-01      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RRC7<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1151269.95   | 0.01%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 717893Z61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2309413.48   | 0.03%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445BY4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1765382.85   | 0.02%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $27148132.50  | 0.33%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                             | COLTON CA JT UNIF SCH DIST                                   | CUSIP: 197036HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $822542.10    | 0.01%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GYZ9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $862239.80    | 0.01%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000BAS7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1750014.60   | 0.02%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FXX8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1247864.51   | 0.02%             | 2039-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Johnson County Unified School District No 512 Shawnee Mission                    | JOHNSON CNTY KS UNIF SCH DIST#512 SHAWNEE MISSION            | CUSIP: 478740XC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2921161.20   | 0.04%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 59333P5Z7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1432487.25   | 0.02%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XWQ0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2768723.93   | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DHF2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2281028.75   | 0.03%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GCF0<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1322876 | PA      | $1328710.81   | 0.02%             | 2048-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Port of Oakland                                                                  | PORT OF OAKLAND CA                                           | CUSIP: 735000VK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $2004198.12   | 0.02%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allen County Port Authority                                                      | ALLEN CNTY OHIO PORT AUTH     ECONOMIC DEV REV               | CUSIP: 01757TAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $617819.67    | 0.01%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DDP4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  36550000 | PA      | $36772746.67  | 0.45%             | 2052-08-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Assessment Revenue                    | MASSACHUSETTS BAY MA TRANSPRTN AUTH REVENUE                  | CUSIP: 575577NZ0<br>LEI: 549300D2U0XBUXGX8P68 | Long             | DBT              | MUN               | US        |   9450000 | PA      | $9747588.06   | 0.12%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH POLL CONTROL REVENUE                     | CUSIP: 45505VAD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4650000 | PA      | $4548238.47   | 0.06%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Guam                                                           | GUAM PORT AUTH PORT REVENUE                                  | CUSIP: 400652AG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $520514.10    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743VH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $490769.97    | 0.01%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bolingbrook IL                                                        | BOLINGBROOK IL                                               | CUSIP: 097552UA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3420000 | PA      | $3437145.49   | 0.04%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EUS3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2046755.40   | 0.02%             | 2043-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EY51<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4998078.00   | 0.06%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MTE1<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   6265000 | PA      | $6265000.00   | 0.08%             | 2049-04-01      | Floating      | 4.10%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009RW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001926.30   | 0.04%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority                                      | GEO L SMITH II GA CONGRESS CTR AUTH                          | CUSIP: 37255MAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2746604.10   | 0.03%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Transportation Commission                              | SAN DIEGO CNTY CA REGL TRANSPRTN COMMISSION SALES TAX REV    | CUSIP: 797400KX5<br>LEI: W4FR340A6EQ2SSI17B56 | Long             | DBT              | MUN               | US        |    915000 | PA      | $920380.02    | 0.01%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District Utility Revenue                              | LAKEWOOD RANCH FL STEWARDSHIP DIST UTILITY REVENUE           | CUSIP: 51265LAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4178604.40   | 0.05%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alaska Industrial Development & Export Authority                                 | ALASKA ST INDL DEV & EXPORT AUTH REVENUE                     | CUSIP: 011903GC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2039963.68   | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County Public Hospital District                                         | SARASOTA CNTY FL PUBLIC HOSP DIST                            | CUSIP: 803301DM9<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |  10355000 | PA      | $10491584.52  | 0.13%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136XD8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1112007.22   | 0.01%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Roanoke County Economic Development Authority                                    | ROANOKE CNTY VA ECON DEV AUTHRSDL CARE FAC REVENUE           | CUSIP: 76982TAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1476956.99   | 0.02%             | 2058-09-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JJG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3360000.00   | 0.04%             | 2055-05-01      | Floating      | 2.99%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GSX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3941337.96   | 0.05%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No 1                                        | DENVER CITY & CNTY CO SCH DIST #1 COPS                       | CUSIP: 24919PJN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1199939.64   | 0.01%             | 2045-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JCN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.04%             | 2054-02-15      | Floating      | 3.01%                 | No            |                  2 | On Loan: No      |
| County of Montgomery MD                                                          | MONTGOMERY CNTY MD REVENUE                                   | CUSIP: 61336PET4<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4616441.50   | 0.06%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YXC8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1148872.20   | 0.01%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State University                                                        | KENTUCKY ST UNIV COPS                                        | CUSIP: 491588AR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $607416.26    | 0.01%             | 2046-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FYI Properties                                                                   | FYI PROPERTIES WA LEASE REVENUE                              | CUSIP: 302716BR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7395000 | PA      | $7693635.98   | 0.09%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge Enterprise                                                       | COLORADO ST BRIDGE ENTERPRISE REVENUE                        | CUSIP: 19633SAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3115000 | PA      | $3150734.66   | 0.04%             | 2030-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736L21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3384220.13   | 0.04%             | 2032-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2544725.75   | 0.03%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Industrial Development Authority                             | HILLSBOROUGH CNTY FLA INDL DEVAUTH HEALTH SYS REVENUE        | CUSIP: 43233KAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4539690.00   | 0.06%             | 2051-11-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 986082W76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059114.80   | 0.01%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035P4C9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.18%             | 2041-01-01      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| Northwestern School Building Corp                                                | N WSTRN IN SCH BLDG CORP                                     | CUSIP: 668265ER8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3005000 | PA      | $2860522.61   | 0.03%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ontario Montclair School District                                                | ONTARIO CA MONTCLAIR SCH DIST                                | CUSIP: 683119DL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1765851.60   | 0.02%             | 2030-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                     | STHRN ILLINOIS ST UNIV                                       | CUSIP: 8431465A5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509354.20    | 0.01%             | 2035-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HCP6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9904625.10   | 0.12%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  22750000 | PA      | $24691439.50  | 0.30%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma City Airport Trust                                                      | OKLAHOMA CITY OK ARPT TRUST                                  | CUSIP: 6785354D4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11500000 | PA      | $11525111.40  | 0.14%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5005000 | PA      | $5112481.87   | 0.06%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV Sales & Excise Tax Revenue                                    | CLARK CNTY NV SALES & EXCISE TAX REVENUE                     | CUSIP: 181012CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4331309.40   | 0.05%             | 2043-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                     | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE              | CUSIP: 544525YK8<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4026814.80   | 0.05%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FQ57<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5512573.00   | 0.07%             | 2054-08-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RCZ0<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6153251.40   | 0.08%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pontotoc County Educational Facilities Authority                                 | PONTOTOC CNTY OK EDUCTNL FACSAUTH EDUCTNL FACS REVENUE       | CUSIP: 732692DE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $935429.30    | 0.01%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Weld County Water District                                               | CENTRL WELD CNTY CO WTR DIST REVENUE                         | CUSIP: 156024BY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $402002.56    | 0.00%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New Britain CT                                                           | NEW BRITAIN CT                                               | CUSIP: 642714EW5<br>LEI: 549300MERJSUOPGAV271 | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1915498.23   | 0.02%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252QS1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5528572.50   | 0.07%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Higher Education Facilities Authority                                 | WASHINGTON ST HGR EDU FACS AUTH                              | CUSIP: 9397813U2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $322380.54    | 0.00%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duval County Public Schools                                                      | DUVAL CNTY FL SCH BRD COPS                                   | CUSIP: 267169HH6<br>LEI: 254900RS6MO5WEO2WC42 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2171176.00   | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                      | OHIO ST HGR EDUCTNL FAC COMMISSION                           | CUSIP: 67756DC79<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3396067.05   | 0.04%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $475397.25    | 0.01%             | 2050-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                   | INDIANA ST MUNI PWR AGY                                      | CUSIP: 454898TX5<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10066208.00  | 0.12%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver Health & Hospital Authority                                               | DENVER CO HLTH & HOSP AUTH HLTHCARE REVENUE                  | CUSIP: 24918EEA4<br>LEI: 549300WFV5S7GIR4OS67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $509821.50    | 0.01%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEC2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3028241.48   | 0.04%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317HM6<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |    550000 | PA      | $537490.80    | 0.01%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PCB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2484727.88   | 0.03%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCT2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1230000.00   | 0.02%             | 2031-08-15      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAK3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1611705.96   | 0.02%             | 2028-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505XM3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6011385.00   | 0.07%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Timpanogos Special Service District                                              | TIMPANOGOS UT SPL SVC DIST SWR REVENUE                       | CUSIP: 887440DM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12448360.80  | 0.15%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NEW HAMPSHIRE ST BUSINESS FINAUTH POLL CONTROL REVENUE       | CUSIP: 64468CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2677475.58   | 0.03%             | 2033-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 986082Q81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1248288.37   | 0.02%             | 2038-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Senoia Development Authority                                                     | SENOIA GA DEV AUTH CHRT SCH REVENUE                          | CUSIP: 817245AK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1387028.93   | 0.02%             | 2044-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                | REGL TRANSPRTN AUTH IL                                       | CUSIP: 759911ZV5<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $17124339.00  | 0.21%             | 2034-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758YL1<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5243218.00   | 0.06%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036AM8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   4075000 | PA      | $4227852.03   | 0.05%             | 2042-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD GULF OPPORTUNITY ZONE CFC REVENU | CUSIP: 64763XAX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1795765.65   | 0.02%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 64990GZM7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2890000 | PA      | $2791381.64   | 0.03%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247GA2<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  12085000 | PA      | $10735984.08  | 0.13%             | 2029-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Sewerage Service Revenue                                  | NEW ORLEANS LA SEWAGE SVC REVENUE                            | CUSIP: 647719PR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $351983.70    | 0.00%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NAZ2<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3087473.10   | 0.04%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | TEXAS ST PUBLIC FIN AUTH LEASE REVENUE                       | CUSIP: 882669BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5137560.00   | 0.06%             | 2034-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  16000000 | PA      | $17046113.60  | 0.21%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Highlands County Health Facilities Authority                                     | HIGHLANDS CNTY FL HLTH FACS AUTH                             | CUSIP: 431022TR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19555000 | PA      | $19555000.00  | 0.24%             | 2035-11-15      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182RT5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2083599.20   | 0.03%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Grant County Public Hospital District No 2                                       | GRANT CNTY WA PUBLIC HOSP DIST #2                            | CUSIP: 387816DA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4072246.40   | 0.05%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 23503CBN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8175566.40   | 0.10%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JGP2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1378337.63   | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TJ5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5905000 | PA      | $5851607.58   | 0.07%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of New Lenox IL                                                          | NEW LENOX IL                                                 | CUSIP: 646449SR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4275000 | PA      | $4154421.92   | 0.05%             | 2041-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Trimble KY                                                             | TRIMBLE CNTY KY ENVRNMNTL FACS REVENUE                       | CUSIP: 896221AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4042919.20   | 0.05%             | 2054-06-01      | Floating      | 4.70%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XCW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9476673.00   | 0.12%             | 2042-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mesa Water District                                                              | MESA CA WTR DIST                                             | CUSIP: 59059CAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1198477.08   | 0.01%             | 2045-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Bond Development Corp                                                   | KENTUCKY BOND DEV CORP EDUCTNL FACS REVENUE                  | CUSIP: 49120ABN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $670965.76    | 0.01%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Parish of St John the Baptist LA                                                 | SAINT JOHN THE BAPTIST PARISH LA REVENUE                     | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3038116.20   | 0.04%             | 2037-06-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 407272V91<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2491384.95   | 0.03%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RC66<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    130000 | PA      | $129996.58    | 0.00%             | 2026-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Navajo Nation                                                                    | NAVAJO NATION AZ                                             | CUSIP: 639185AQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7275000 | PA      | $7294342.04   | 0.09%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue     | PENNSYLVANIA ST ECON DEV FINGAUTH PKG SYS REVENUE            | CUSIP: 70870EEL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2455000 | PA      | $2708371.96   | 0.03%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JAV0<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5770000 | PA      | $6304742.83   | 0.08%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Board of Water Light & Sinking Fund Commissioners of The City of Dalton/The      | DALTON GA UTILITIES REVENUE                                  | CUSIP: 235586DE1<br>LEI: 549300F2NIJXYBEBL710 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944100.40    | 0.01%             | 2041-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Pocono School District                                                     | NORTH POCONO PA SCH DIST                                     | CUSIP: 661684QP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2170000 | PA      | $2249713.87   | 0.03%             | 2029-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GSW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5345000 | PA      | $5915289.59   | 0.07%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Convention & Sports Authority                                         | WASHINGTON DC CONVENTION & SPORTS AUTH DEDICATED TAX REVENUE | CUSIP: 93878LCK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1120254.10   | 0.01%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| El Paso County Hospital District                                                 | EL PASO CNTY TX HOSP DIST                                    | CUSIP: 283590HZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4615000 | PA      | $4864963.17   | 0.06%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063C6Y1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4807317.12   | 0.06%             | 2038-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | BROWARD CNTY FL ARPT SYS REVENUE                             | CUSIP: 114894RF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4532936.64   | 0.06%             | 2042-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Aspen Valley Hospital District                                                   | ASPEN VLY CO HOSP DIST REVENUE                               | CUSIP: 045338BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600344.40    | 0.01%             | 2033-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                                     | NORTHAMPTON CNTY PA GEN PURPOSE AUTH HOSP REVENUE            | CUSIP: 66353RDE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6118630.80   | 0.07%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southwest Higher Education Authority Inc                                         | S W TX HGR EDU AUTH                                          | CUSIP: 845040LV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $672645.74    | 0.01%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH CHARTERSCH REVENUE                     | CUSIP: 190779AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $868917.94    | 0.01%             | 2033-06-15      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GG32<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7374568.60   | 0.09%             | 2054-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514F37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1414709.52   | 0.02%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Convention & Sports Authority                                         | WASHINGTON DC CONVENTION & SPORTS AUTH DEDICATED TAX REVENUE | CUSIP: 93878LCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $677478.74    | 0.01%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County Unified School District No 203 Piper                            | WYANDOTTE CNTY KS SCH DIST #203                              | CUSIP: 982685JZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2605089.00   | 0.03%             | 2052-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAM9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2251996.20   | 0.03%             | 2030-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TGX5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   8055000 | PA      | $8140329.84   | 0.10%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMW0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1378547.25   | 0.02%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fircrest Properties                                                              | FIRCREST PROPERTIES                                          | CUSIP: 318094AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3243197.40   | 0.04%             | 2049-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                | CUSIP: 49126KLD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2085091.96   | 0.03%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LFB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10555547.00  | 0.13%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647KH3<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2452144.75   | 0.03%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health Educational & Housing Facility Board                          | CHATTANOOGA TN HLTH EDUCTNL & HSG FAC BRD                    | CUSIP: 162409AN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8846012.90   | 0.11%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6773373.10   | 0.08%             | 2054-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Highlands County Health Facilities Authority                                     | HIGHLANDS CNTY FL HLTH FACS AUTH                             | CUSIP: 431022TN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15000000.00  | 0.18%             | 2032-11-15      | Floating      | 2.90%                 | No            |                  2 | On Loan: No      |
| Highlands County Health Facilities Authority                                     | HIGHLANDS CNTY FL HLTH FACS AUTH                             | CUSIP: 431022KG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15550000 | PA      | $15550000.00  | 0.19%             | 2037-11-15      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| Will County Community High School District No 210 Lincoln-Way                    | WILL CNTY IL CMNTY HIGH SCH DIST #210 LINCOLN-WAY            | CUSIP: 969073LP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6939511.60   | 0.08%             | 2026-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 6446142Z1<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6002956.80   | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jacksonville FL                                                          | JACKSONVILLE FL HLTH CARE FACS REVENUE                       | CUSIP: 469400EA9<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1330000.00   | 0.02%             | 2036-08-01      | Floating      | 2.91%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp                                                       | RHODE ISLAND COMMERCE CORP SPL FAC REVENUE                   | CUSIP: 76219DAN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2213423.22   | 0.03%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4601886.30   | 0.06%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Henderson NV                                                             | HENDERSON NV                                                 | CUSIP: 4252007S5<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   3340000 | PA      | $3331577.52   | 0.04%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Quakertown General Authority                                                     | QUAKERTOWN PA GEN AUTH                                       | CUSIP: 74752PBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $310687.46    | 0.00%             | 2027-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                      | NEW HAMPSHIRE ST HLTH & EDU FACS AUTH REVENUE                | CUSIP: 64461XHQ1<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   5860000 | PA      | $6211641.02   | 0.08%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO ST EDUCTNL & CULTURAL FACS AUTH REVENUE             | CUSIP: 19645RB75<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    600000 | PA      | $601454.58    | 0.01%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308L85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6993086.10   | 0.09%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Interboro School District                                                        | INTERBORO PA SCH DIST                                        | CUSIP: 458436YP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1678106.31   | 0.02%             | 2063-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445C80<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3086548.20   | 0.04%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Madison Bond Etc Counties Community Unit School District No 5 Highland           | MADISON BOND ETC CNTYS IL CMNTY UNIT SCH DIST #5             | CUSIP: 556627KZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1349298.97   | 0.02%             | 2040-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LR5<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9354092.40   | 0.11%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Compton Community College District                                               | COMPTON CA CMNTY CLG DIST                                    | CUSIP: 204709CP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2075673.76   | 0.03%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Charlotte County Industrial Development Authority/FL                             | CHARLOTTE CNTY FL INDL DEV AUTH UTILITY SYS REVENUE          | CUSIP: 16080TAK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $721476.91    | 0.01%             | 2045-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                                        | PHILADELPHIA PA GAS WKS REVENUE                              | CUSIP: 71783MBY0<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4711284.50   | 0.06%             | 2045-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS                     | CUSIP: 88035DWB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3965000 | PA      | $3965000.00   | 0.05%             | 2036-09-01      | Floating      | 3.58%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                      | CUSIP: 71883MMX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2982738.00   | 0.04%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MUL9<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   2905000 | PA      | $2905675.99   | 0.04%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Yonkers Industrial Development Agency                                            | YONKERS NY INDL DEV AGY SCH FAFAC REV                        | CUSIP: 986094BL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1675843.68   | 0.02%             | 2051-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VXR0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1388364.15   | 0.02%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RNG6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10546528.00  | 0.13%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 45470ECS2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |  17000000 | PA      | $16632169.30  | 0.20%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE                | CUSIP: 154871CJ4<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6529181.40   | 0.08%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DISTRICT OF COLUMBIA HOSP REVENUE                            | CUSIP: 254764KB8<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   7575000 | PA      | $7585454.26   | 0.09%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009JT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3003220.50   | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE                    | CUSIP: 153476GY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6070000 | PA      | $6101831.69   | 0.07%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marquis Community Development Authority of York County Virginia                  | MARQUIS VA CMNTY DEV AUTH REVENUE                            | CUSIP: 57161CAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $458500.00    | 0.01%             | 2041-09-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAR5<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950319.50    | 0.01%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16375000 | PA      | $16483820.06  | 0.20%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971W7B0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2426398.51   | 0.03%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EAH3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1576142.03   | 0.02%             | 2043-08-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Northside Independent School District                                            | NORTHSIDE TX INDEP SCH DIST                                  | CUSIP: 66702RR79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4562611.20   | 0.06%             | 2050-06-01      | Floating      | 3.55%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | VIRIDIAN TX MUNI MGMT DIST                                   | CUSIP: 92823PKH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $905033.03    | 0.01%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                          | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                       | CUSIP: 613603A66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2751153.90   | 0.03%             | 2035-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | OHIO ST PRIVATE ACTIVITY REVENUE                             | CUSIP: 67759YAH0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2032576.48   | 0.02%             | 2026-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000BQG6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5370.63      | 0.00%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UAB Medicine Finance Authority                                                   | UAB MEDICINE FIN AUTH AL REVENUE                             | CUSIP: 902562DA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079221.10   | 0.01%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brookhaven Development Authority                                                 | BROOKHAVEN DEV AUTH GA                                       | CUSIP: 113073AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1578065.70   | 0.02%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XNK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4854344.50   | 0.06%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority/The                                         | ILLINOIS ST SPORTS FACS AUTH                                 | CUSIP: 452143FE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13190000 | PA      | $13215393.39  | 0.16%             | 2032-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAQ7<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1926868.40   | 0.02%             | 2044-01-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Asheville/The                                    | UNIV OF NORTH CAROLINA NC AT ASHEVILLE                       | CUSIP: 914710HH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $626911.31    | 0.01%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUA9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2575000 | PA      | $2730092.25   | 0.03%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Henderson NV                                                             | HENDERSON NV                                                 | CUSIP: 4252007R7<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   4060000 | PA      | $4078994.30   | 0.05%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HDP9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8262206.40   | 0.10%             | 2047-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Orlando FL                                                               | ORLANDO FL CONTRACT TOURIST DEV TAX PAYMENTS REVENUE         | CUSIP: 686432BW4<br>LEI: G8GZFWRIKS3AFD6AWU52 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3159693.60   | 0.04%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582077M1<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995268.50    | 0.01%             | 2044-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743VG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $556755.51    | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GVL5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  12240000 | PA      | $12465864.72  | 0.15%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FJP1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   8600000 | PA      | $8208908.98   | 0.10%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576HK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2514567.25   | 0.03%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035GED6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2800000.00   | 0.03%             | 2041-11-15      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Muskogee Industrial Trust                                                        | MUSKOGEE OK INDL TRUST EDUCTNL FACS LEASE REVENUE            | CUSIP: 62813NBC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4037711.20   | 0.05%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CBU2<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3442244.02   | 0.04%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp                                                | GRAND PARKWAY TRANSPRTN CORP TX SYS TOLL REVENUE             | CUSIP: 38611TBZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2457795.75   | 0.03%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Julington Creek Plantation Community Development District                        | JULINGTON CREEK PLANTATION FLCDD                             | CUSIP: 481367BU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $960734.10    | 0.01%             | 2045-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Fishers IN Sewage Works Revenue                                          | FISHERS IN SEWAGE WKS REVENUE                                | CUSIP: 33803HGC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3160000 | PA      | $2975381.42   | 0.04%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Altoona IA                                                               | ALTOONA IA                                                   | CUSIP: 021753US5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1828265.91   | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | STATE PUBLIC SCH BLDG AUTH PA LEASE REVENUE                  | CUSIP: 85732GUJ7<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1940407.07   | 0.02%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                          | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE      | CUSIP: 491397AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1168872.40   | 0.01%             | 2033-07-01      | Floating      | 6.40%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                            | S JERSEY NJ TRANSPRTN AUTH TRANSPRTN SYS REVENUE             | CUSIP: 838536MM9<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050717.10   | 0.01%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Bond Corp                                                               | KENTUCKY ST BOND CORP FING PROGRAM REVENUE                   | CUSIP: 49120FJA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2286085.40   | 0.03%             | 2052-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Hennepin MN                                                            | HENNEPIN CNTY MN                                             | CUSIP: 425507GV6<br>LEI: 254900YDNULMQREFAU43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035048.80   | 0.01%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FPQ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8087358.40   | 0.10%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GK37<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5317385.50   | 0.06%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Greater Texoma Utility Authority                                                 | GTR TEXOMA TX UTILITY AUTH CONTRACT REVENUE                  | CUSIP: 39239H5V1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20462950.00  | 0.25%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486P52<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5118402.00   | 0.06%             | 2039-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317JF9<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |    465000 | PA      | $501423.45    | 0.01%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JWP9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.06%             | 2055-05-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH Sales Tax Revenue                                          | FRANKLIN CNTY OH SALES TAX REVENUE                           | CUSIP: 353204AX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5064158.00   | 0.06%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358W3Z5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2137139.78   | 0.03%             | 2041-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Sewerage Service Revenue                                  | NEW ORLEANS LA SEWAGE SVC REVENUE                            | CUSIP: 647719PS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400569.48    | 0.00%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YN21<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $1917683.76   | 0.02%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4989398.00   | 0.06%             | 2054-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MUP0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   3195000 | PA      | $2737118.16   | 0.03%             | 2041-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District                                                 | ALHAMBRA CA UNIF SCH DIST ELEM SCHS IMPT DIST                | CUSIP: 016066BP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3795000 | PA      | $3134191.45   | 0.04%             | 2032-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | COLORADO ST BLDG EXCELLENT SCHS TODAY COPS                   | CUSIP: 19668QLE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7900000 | PA      | $7579175.47   | 0.09%             | 2043-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                               | CUSIP: 20772KNE5<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1324427.38   | 0.02%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia/The                                              | PHILADELPHIA PA SCH DIST                                     | CUSIP: 717883ZF2<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6873612.90   | 0.08%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Irvine Ranch Water District                                                      | IRVINE RANCH CA WTR DIST                                     | CUSIP: 4636324H9<br>LEI: 2ZRS7W19IBMY48SFBI68 | Long             | DBT              | MUN               | US        |   2645000 | PA      | $2645000.00   | 0.03%             | 2041-10-01      | Floating      | 2.60%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                   | E-470 CO PUBLIC HIGHWAY AUTH                                 | CUSIP: 26822LMS0<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1351270.25   | 0.02%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Public Financing Authority                                              | PASADENA CA PUBLIC FING AUTH LEASE REVENUE                   | CUSIP: 702274AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4295000 | PA      | $3488921.70   | 0.04%             | 2033-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| South Jersey Port Corp                                                           | SOUTH JERSEY NJ PORT CORP                                    | CUSIP: 838530QL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1352576.07   | 0.02%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | MET ATLANTA GA RAPID TRANSIT AUTH SALES TAX REVENUE          | CUSIP: 5917453G7<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5054212.00   | 0.06%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ontario Public Financing Authority                                               | ONTARIO PUB FING AUTH LEASE REVENUE                          | CUSIP: 68304RDK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2870402.43   | 0.04%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                     | CHARLOTTE-MECKLENBURG NC HOSP AUTH HLTH CARE SYS REVENUE     | CUSIP: 160853UF2<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |    500000 | PA      | $527234.00    | 0.01%             | 2036-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                  | CUSIP: 89602RHT5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4242906.40   | 0.05%             | 2057-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Port of Arthur Navigation District Industrial Development Corp                   | PORT ARTHUR TX NAV DIST INDL DEV CORP EXEMPT FACS REVENUE    | CUSIP: 733508AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20000000.00  | 0.24%             | 2041-06-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224B24<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   9900000 | PA      | $10256364.36  | 0.13%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Evansville Waterworks District                                                   | EVANSVILLE IN WTRWKS DIST REVENUE                            | CUSIP: 299488GX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2305621.35   | 0.03%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | DIRECTOR OF THE ST OF NEVADA DEPT OF BUSINESS & INDUSTRY     | CUSIP: 25459JAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2499631.25   | 0.03%             | 2026-12-01      | Floating      | 3.95%                 | No            |                  2 | On Loan: No      |
| Fort Worth Independent School District                                           | FORT WORTH TX INDEP SCH DIST                                 | CUSIP: 349461DG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5935000 | PA      | $6017047.81   | 0.07%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035DH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4208350.40   | 0.05%             | 2064-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No 508                                    | COOK CNTY IL CMNTY CLG DIST #508                             | CUSIP: 213187EC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1333658.25   | 0.02%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand River Hospital District                                                    | GRAND RIVER CO HOSP DIST                                     | CUSIP: 386448EN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1820569.98   | 0.02%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582RQM1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5109605.50   | 0.06%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon Health & Science University                                               | OREGON ST HLTH & SCIENCE UNIV REVENUE                        | CUSIP: 685869HE2<br>LEI: 549300XTWOAGON8L2G98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1883983.20   | 0.02%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts Transportation Fund Revenue                        | MASSACHUSETTS ST TRANSPRTN FUND REVENUE                      | CUSIP: 57604TKK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10378396.00  | 0.13%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA Water & Sewer Revenue                                      | SHREVEPORT LA WTR & SWR REVENUE                              | CUSIP: 825485XM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $731829.75    | 0.01%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JCJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $5918267.55   | 0.07%             | 2045-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UAB Medicine Finance Authority                                                   | UAB MEDICINE FIN AUTH AL REVENUE                             | CUSIP: 902562DB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073172.90   | 0.01%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Water Reclamation District of Greater Chicago                       | CHICAGO IL MET WTR RECLAMATION DIST GREATER CHICAGO          | CUSIP: 167560TL5<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10002479.00  | 0.12%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GFV0<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7999003.20   | 0.10%             | 2048-02-01      | Floating      | 3.76%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                   | LA PAZ CNTY AZ INDL DEV AUTH EDU FAC REVENUE                 | CUSIP: 50376HAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2258085.56   | 0.03%             | 2048-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH HLTHSYS REVENUE                     | CUSIP: 67884XCU9<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2660000.00   | 0.03%             | 2031-08-15      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2178952.80   | 0.03%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| St Johns County School Board                                                     | SAINT JOHNS CNTY FL SCH BRD COPS                             | CUSIP: 790409HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3204839.10   | 0.04%             | 2049-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cobb County Kennestone Hospital Authority                                        | COBB CNTY GA KENNESTONE HOSP AUTH                            | CUSIP: 190813TK1<br>LEI: 549300TB04LETJYNFR44 | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4600000.00   | 0.06%             | 2047-04-01      | Floating      | 2.94%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge Enterprise                                                       | COLORADO ST BRIDGE ENTERPRISE REVENUE                        | CUSIP: 19633SAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2705000 | PA      | $2736978.51   | 0.03%             | 2029-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041YC5<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2751848.00   | 0.03%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817UB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033195.00   | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FHA6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1532459.52   | 0.02%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FYC3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1214992.56   | 0.01%             | 2044-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Waverly Township Municipal Authority                                             | WAVERLY TWP MUNI AUTH PA LEASE REVENUE                       | CUSIP: 944007AM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1192463.23   | 0.01%             | 2032-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Weld County Water District                                               | CENTRL WELD CNTY CO WTR DIST REVENUE                         | CUSIP: 156024BV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $824293.76    | 0.01%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA                                           | CUSIP: 735371SF4<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   9825000 | PA      | $10121930.17  | 0.12%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shakopee Independent School District No 720                                      | SHAKOPEE MN INDEP SCH DIST #720                              | CUSIP: 819190US6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $229685.42    | 0.00%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                                     | NORTHAMPTON CNTY PA GEN PURPOSE AUTH HOSP REVENUE            | CUSIP: 66353RDG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10470284.00  | 0.13%             | 2053-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YAQ4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1377156.40   | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK CITY NY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JGV4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   7695000 | PA      | $7979775.79   | 0.10%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County-Kansas City Unified Government                                  | WYANDOTTE CNTY KS KANSAS CITY UNIF GOVT SPL OBLG REVENUE     | CUSIP: 98267VCM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  27180000 | PA      | $15041710.98  | 0.18%             | 2034-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District Sales Tax Revenue                               | REGL TRANSPRTN DIST CO SALES TAX REVENUE                     | CUSIP: 759136TH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  50945000 | PA      | $51357399.78  | 0.63%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sunshine Skyway Bridge                                                           | FLORIDA ST DEPT TRANSPRTN SUNSHINE SKYWAY REVENUE            | CUSIP: 34161HAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4185000 | PA      | $4199288.01   | 0.05%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Williamsport Area School District                                                | WILLIAMSPORT PA AREA SCH DIST                                | CUSIP: 970174SL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1555359.98   | 0.02%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13571330.50  | 0.17%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JGT4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2114942.60   | 0.03%             | 2052-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HHP0<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8239532.80   | 0.10%             | 2064-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington Convention & Sports Authority                                         | WASHINGTON DC CONVENTION & SPORTS AUTH DEDICATED TAX REVENUE | CUSIP: 93878LCY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $993526.10    | 0.01%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57585BPB8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10705080.00  | 0.13%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT         | CUSIP: 65000BQX9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1834467.90   | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593V58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501732.20   | 0.02%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $655521.51    | 0.01%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp                                                | GRAND PARKWAY TRANSPRTN CORP TX SYS TOLL REVENUE             | CUSIP: 38611TAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2144578.80   | 0.03%             | 2030-10-01      | Floating      | 5.05%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528U6S5<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3172066.50   | 0.04%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Montgomery OH                                                          | MONTGOMERY CNTY OH HOSP REVENUE                              | CUSIP: 613520MH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2826549.60   | 0.03%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | COLORADO ST COPS                                             | CUSIP: 196711UX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4225000 | PA      | $4870789.56   | 0.06%             | 2039-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | PHILADELPHIA PA                                              | CUSIP: 717813B65<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2697221.25   | 0.03%             | 2044-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| King County Public Hospital District No 1                                        | KING CNTY WA PUBLIC HOSP DIST #1                             | CUSIP: 494782KE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8940000 | PA      | $9137302.22   | 0.11%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DVN8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503917.70   | 0.02%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 23503CGE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5281202.50   | 0.06%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Denton Creek Wastewater Treatment System Revenue         | TRINITY RIVER TX AUTH DENTON CREEK WSTWTR REVENUE            | CUSIP: 896564ZL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2450544.60   | 0.03%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL HOSP REVENUE                                        | CUSIP: 875161DC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2242755.50   | 0.03%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mesa Water District                                                              | MESA CA WTR DIST                                             | CUSIP: 59059CAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510093.50    | 0.01%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 646136WU1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $5534355.00   | 0.07%             | 2039-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                        | WISCONSIN CENTER DIST WI TAX REVENUE                         | CUSIP: 976595FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $922862.40    | 0.01%             | 2038-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                            | VALPARAISO IN EXEMPT FACS REVENUE                            | CUSIP: 92028RAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5960826.60   | 0.07%             | 2044-01-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PX1<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  15245000 | PA      | $15616779.82  | 0.19%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT SPL ASSMNT   | CUSIP: 59561TAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1155713.25   | 0.01%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Pledged Excise Tax Revenue                            | DENVER CO CITY & CNTY DEDICATED TAX REVENUE                  | CUSIP: 24917DAT0<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3010930.50   | 0.04%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Rural Water Finance Authority Inc                                      | MINNESOTA ST RURAL WTR FIN AUTH                              | CUSIP: 60411PBE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002553.40   | 0.02%             | 2026-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712DQZ2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   9925000 | PA      | $9928687.14   | 0.12%             | 2039-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| West Virginia Housing Development Fund                                           | WEST VIRGINIA ST HSG DEV FUND                                | CUSIP: 95662NNS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6020000 | PA      | $5983119.07   | 0.07%             | 2049-11-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | CALIFORNIA ST STWD CMNTYS DEV AUTH REVENUE                   | CUSIP: 130795DJ3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |  11775000 | PA      | $11775000.00  | 0.14%             | 2040-07-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JFR9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   7040000 | PA      | $7928722.56   | 0.10%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Illinois                                                           | UNIV OF ILLINOIS IL REVENUES                                 | CUSIP: 914353KB2<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2329408.66   | 0.03%             | 2027-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YBT5<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   3540000 | PA      | $3286531.75   | 0.04%             | 2046-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 882854B35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11650000 | PA      | $11679138.98  | 0.14%             | 2037-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                    | CUSIP: 717825QA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4175000 | PA      | $4494357.44   | 0.05%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE               | CUSIP: 14043FAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10874752.35  | 0.13%             | 2030-06-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736X36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3930389.60   | 0.05%             | 2040-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | COLORADO ST COPS                                             | CUSIP: 196711SK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3248427.65   | 0.04%             | 2039-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CAW8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2151287.20   | 0.03%             | 2038-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH SOL WST DISP REVENUE    | CUSIP: 83704DAB2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1880000 | PA      | $73395.20     | 0.00%             | 2035-02-01      | Fixed         | 6.00%                 | No            |                  3 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP SOL WST DISP REVENUE                | CUSIP: 605155BR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4998426.50   | 0.06%             | 2046-05-01      | Floating      | 3.80%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | VIRIDIAN TX MUNI MGMT DIST                                   | CUSIP: 92823PKF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $835215.76    | 0.01%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Board of Regents Housing & Auxiliary Facilities System              | SOUTH DAKOTA ST BRD OF RGTS HSG & AUXILIARY FAC SYS REVENUE  | CUSIP: 837542HY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1046417.67   | 0.01%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                   | CUSIP: 71883RPJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8805000 | PA      | $8920879.96   | 0.11%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EAB9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    350000 | PA      | $336479.19    | 0.00%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL SPL OBLIG                                 | CUSIP: 59333N5M1<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25845715.00  | 0.32%             | 2051-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D7B6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4469484.50   | 0.05%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8678720.15   | 0.11%             | 2052-07-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Waterworks Revenue                                            | CHICAGO IL WTRWKS REVENUE                                    | CUSIP: 167736V38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4780000 | PA      | $5034308.91   | 0.06%             | 2062-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035PVJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5035000 | PA      | $5035000.00   | 0.06%             | 2055-01-01      | Floating      | 3.88%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442332ED0<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21299374.00  | 0.26%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647NE7<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   3890000 | PA      | $4044475.79   | 0.05%             | 2046-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505WC6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $13589421.00  | 0.17%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Okemos Public Schools                                                            | OKEMOS MI PUBLIC SCH DIST                                    | CUSIP: 678467PG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2348086.73   | 0.03%             | 2049-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Midtown Clear Creek Metropolitan District                                        | MIDTOWN AT CLEAR CREEK MET DIST CO                           | CUSIP: 59809CAN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3123882.00   | 0.04%             | 2053-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GPZ1<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3047543.70   | 0.04%             | 2048-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224P60<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   8095000 | PA      | $7371643.75   | 0.09%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Splendora Independent School District                                            | SPLENDORA TX INDEP SCH DIST                                  | CUSIP: 848627VS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8820000 | PA      | $9046421.75   | 0.11%             | 2054-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  14500000 | PA      | $15851504.40  | 0.19%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $933172.80    | 0.01%             | 2044-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12331759.20  | 0.15%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 986082Q73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1213953.73   | 0.01%             | 2037-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501VD4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4245000 | PA      | $4073782.17   | 0.05%             | 2026-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035MEY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5200000.00   | 0.06%             | 2030-12-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| City of Bridgeport CT                                                            | BRIDGEPORT CT                                                | CUSIP: 108152HY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751441.48   | 0.02%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Revere MA                                                                | REVERE MA                                                    | CUSIP: 761440X76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3748361.20   | 0.05%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL HOSP REVENUE                                        | CUSIP: 875161DB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $725827.48    | 0.01%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                           | VIRIDIAN TX MUNI MGMT DIST                                   | CUSIP: 92823PKG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $865126.12    | 0.01%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE                   | CUSIP: 56042RH70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $472823.15    | 0.01%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971XLF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5237112.00   | 0.06%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Economic Development Corp                                               | KENTWOOD MI ECON DEV CORP                                    | CUSIP: 491740FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $912658.22    | 0.01%             | 2031-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clark County School District                                                     | CLARK CNTY NV SCH DIST                                       | CUSIP: 181059N93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080065.60   | 0.01%             | 2035-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA PUB FACS AUTH REVENUE                              | CUSIP: 546399SX5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |  11020000 | PA      | $11163922.30  | 0.14%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FNM3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $622872.68    | 0.01%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colton Joint Unified School District                                             | COLTON CA JT UNIF SCH DIST                                   | CUSIP: 197036JA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $789235.00    | 0.01%             | 2033-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Clark NV                                                               | CLARK CNTY NV                                                | CUSIP: 180848XJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  50215000 | PA      | $50913756.79  | 0.62%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  23000000 | PA      | $24565294.90  | 0.30%             | 2053-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Weld County School District No RE-4                                              | WELD CNTY CO SCH DIST #RE-4                                  | CUSIP: 949232FB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13821902.90  | 0.17%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 56042SAV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1432223.89   | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Oakland                                                                  | PORT OF OAKLAND CA                                           | CUSIP: 735000UZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5436.84      | 0.00%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                            | HAMILTON CNTY OH HOSP FACS REVENUE                           | CUSIP: 407272Y23<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7432279.50   | 0.09%             | 2045-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No 508                                    | COOK CNTY IL CMNTY CLG DIST #508                             | CUSIP: 213187EA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1488179.63   | 0.02%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HYE9<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2199373.58   | 0.03%             | 2045-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFM5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2925000 | PA      | $3069173.25   | 0.04%             | 2046-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 6461367F2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3164625.90   | 0.04%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028ZA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10301481.00  | 0.13%             | 2048-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045M75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10036493.00  | 0.12%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AZQ3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3529033.69   | 0.04%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marshall Creek Community Development District                                    | MARSHALL CREEK FL CDD SPL ASSMNT                             | CUSIP: 57231NAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1175638.73   | 0.01%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XNZ0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3009821.40   | 0.04%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                 | TAMPA FL HLTH SYS REVENUE                                    | CUSIP: 87515ECA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2765429.70   | 0.03%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521523A7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2931279.73   | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marquis Community Development Authority of York County Virginia                  | MARQUIS VA CMNTY DEV AUTH REVENUE                            | CUSIP: 57161CAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1824000 | PA      | $4560.00      | 0.00%             | 2041-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317HJ3<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |    650000 | PA      | $656006.85    | 0.01%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Birmingham-Jefferson Civic Center Authority                                      | BIRMINGHAM JEFFERSON AL CIVIC CTR AUTH SPL TAX               | CUSIP: 091156MR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10051076.00  | 0.12%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                         | CHESTER CNTY PA HLTH & EDU FACS AUTH HLTH SYS REVENUE        | CUSIP: 16557HFM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3076626.70   | 0.04%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                     | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896YK5<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7057922.90   | 0.09%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Medford Hospital Facilities Authority                                            | MEDFORD OR HOSP FACS AUTH REVENUE                            | CUSIP: 584283HB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13650000 | PA      | $12509810.04  | 0.15%             | 2045-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Finance Authority                                                   | PENNSYLVANIA ST FIN AUTH                                     | CUSIP: 70915CBY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1054225.33   | 0.01%             | 2025-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Sports Authority             | MET GOVT NASHVILLE & DAVIDSONCNTY TN SPORTS AUTH             | CUSIP: 592090KQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2131091.20   | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035RWJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21265000 | PA      | $21265000.00  | 0.26%             | 2065-05-01      | Floating      | 2.92%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XEB8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3216754.80   | 0.04%             | 2041-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261A2J5<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10458821.00  | 0.13%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Canyons Metropolitan District No 5                                               | CANYONS MET DIST #5 CO                                       | CUSIP: 139071AY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2060503.80   | 0.03%             | 2059-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health Care Authority for Baptist Health/The                                     | HLTH CARE AUTH FOR BAPTIST HLTH AL                           | CUSIP: 42219UCA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11970000 | PA      | $13070221.35  | 0.16%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                           | CUSIP: 59335KFB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2024945.20   | 0.02%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743VF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $628928.61    | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Doral FL                                                                 | DORAL FL                                                     | CUSIP: 25812LCB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3610000 | PA      | $3546403.35   | 0.04%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                   | TEXAS ST PUBLIC FIN AUTH LEASE REVENUE                       | CUSIP: 882669BK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2046580.40   | 0.02%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority/The                                         | ILLINOIS ST SPORTS FACS AUTH                                 | CUSIP: 452143EZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8845000 | PA      | $8864612.90   | 0.11%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FUX1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2490465.42   | 0.03%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Brownsville TX Utilities System Revenue                                  | BROWNSVILLE TX UTILITY SYS REVENUE                           | CUSIP: 1164753M4<br>LEI: 549300ZLUVMJ8K0OEK50 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024998.60   | 0.01%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008QAF6<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5671239.20   | 0.07%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758L76<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3231877.20   | 0.04%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEM0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1061868.80   | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QG53<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   8750000 | PA      | $9355955.00   | 0.11%             | 2042-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FGQ1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4556976.00   | 0.06%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Waller Consolidated Independent School District                                  | WALLER TX INDEP SCH DIST                                     | CUSIP: 932493KU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5005000 | PA      | $5316559.25   | 0.06%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                    | CUSIP: 6262074H4<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   3580000 | PA      | $3610515.92   | 0.04%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FJR7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   7450000 | PA      | $6613096.80   | 0.08%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Massachusetts Building Authority                                   | UNIV OF MASSACHUSETTS MA BLDGAUTH PROJ REVENUE               | CUSIP: 914440QL9<br>LEI: 6ILE2573NPR1XO2TR556 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1591842.81   | 0.02%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUY7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2969361.30   | 0.04%             | 2044-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88035JQV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7560000 | PA      | $7560000.00   | 0.09%             | 2027-08-31      | Floating      | 3.65%                 | No            |                  2 | On Loan: No      |
| Oklahoma City Airport Trust                                                      | OKLAHOMA CITY OK ARPT TRUST                                  | CUSIP: 6785354C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9050138.10   | 0.11%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp/TN                                                                 | TENNERGY CORP TN GAS REVENUE                                 | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |  29050000 | PA      | $29764522.52  | 0.36%             | 2051-12-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EUW4<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3366912.63   | 0.04%             | 2043-04-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352404H3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  31000000 | PA      | $32084727.20  | 0.39%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH HOSP FACS REVENUE                           | CUSIP: 353187EF0<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $923872.70    | 0.01%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Farmington NM                                                            | FARMINGTON NM POLL CONTROL REVENUE                           | CUSIP: 311450FZ8<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6625844.40   | 0.08%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Greater Ouachita Water Co                                                        | GREATER OUACHITA WTR CO INC LA WTRWKS & SWR SYS REVENUE      | CUSIP: 392276BC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1082996.40   | 0.01%             | 2053-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                  | TAMPA BAY FL WTR REGL WTR SPLY AUTH UTILITY SYS REVENUE      | CUSIP: 875124HX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  30000000 | PA      | $31838694.00  | 0.39%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                 | NORTH CAROLINA ST CAPITAL FACS FIN AGY EDUCTNL FACS REVENUE  | CUSIP: 65818PKN8<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010438.20   | 0.01%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Wastewater Transmission Revenue                               | CHICAGO IL WSTWTR TRANSMISSION REVENUE                       | CUSIP: 167727J72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2087984.00   | 0.03%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH EDU REVENUE                       | CUSIP: 72177MPT8<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3227059.81   | 0.04%             | 2043-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HSC0<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1059552.22   | 0.01%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Boyle KY                                                               | BOYLE CNTY KY EDUCTNL FACS REVENUE                           | CUSIP: 10346PAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2609481.81   | 0.03%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                              | LOUISVILLE & JEFFERSON CNTY KY MET GOVT HLTH SYS REVENUE     | CUSIP: 54659LCY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3497103.72   | 0.04%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE              | CUSIP: 70870JEE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5534868.60   | 0.07%             | 2042-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hospitals & Higher Education Facilities Authority of Philadelphia/The            | PHILADELPHIA PA HOSPS & HGR EDU FACS AUTH                    | CUSIP: 717903L89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015051.30   | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hudson Yards Infrastructure Corp                                                 | HUDSON YARDS INFRASTRUCTURE CORP NY 2ND INDENTURE REVENUE    | CUSIP: 44420RBH2<br>LEI: 549300EE2HJ67TPURL87 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7452935.20   | 0.09%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA                                                           | NEW ORLEANS LA                                               | CUSIP: 64763FZJ1<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043597.80   | 0.02%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505TK2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3623845.60   | 0.04%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HXG5<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033118.60   | 0.01%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                              | COOK CNTY IL SALES TAX REVENUE                               | CUSIP: 213248CP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1867941.00   | 0.02%             | 2041-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                               | GTR ORLANDO FL AVIATION AUTH ARPT FACS REVENUE               | CUSIP: 392274R57<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3060852.60   | 0.04%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GCG8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1276564 | PA      | $221490.62    | 0.00%             | 2049-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5290000 | PA      | $5235414.08   | 0.06%             | 2054-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                         | WEST VIRGINIA ST HOSP FIN AUTH                               | CUSIP: 956622V92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4933421.25   | 0.06%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                        | SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE    | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4590645.60   | 0.06%             | 2056-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817WR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1695000 | PA      | $1676096.00   | 0.02%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                        | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                   | CUSIP: 95737TFK7<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1125568.70   | 0.01%             | 2034-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH REVENUE                         | CUSIP: 54811GS35<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10978285.00  | 0.13%             | 2045-05-15      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Socorro Independent School District                                              | SOCORRO TX INDEP SCH DIST                                    | CUSIP: 833715FX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5002016.50   | 0.06%             | 2040-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151XA2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1446642.45   | 0.02%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD PROJ REVENUE                                    | CUSIP: 05922KK65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498777.35    | 0.01%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DKH1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   6390000 | PA      | $6447538.12   | 0.08%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH HLTH SYS REVENUE               | CUSIP: 49126VCK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5140000 | PA      | $4583858.17   | 0.06%             | 2028-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL REVENUE                        | CUSIP: 592250EW0<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2294387.75   | 0.03%             | 2042-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDT9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    830000 | PA      | $833003.11    | 0.01%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817UD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $771516.90    | 0.01%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2418913.39   | 0.03%             | 2052-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                   | WAYNE CNTY MI ARPT AUTH REVENUE                              | CUSIP: 944514TF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6018985.80   | 0.07%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16003683.00  | 0.20%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Ernest N Morial New Orleans Exhibition Hall Authority                            | ERNEST N MORIAL-NEW ORLEANS LA EXHIBIT HALL AUTH SPL TAX     | CUSIP: 295852KA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10304366.00  | 0.13%             | 2048-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Broward Hospital District                                                  | SOUTH BROWARD FL HOSP DIST                                   | CUSIP: 836753MF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4639581.50   | 0.06%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $728144.26    | 0.01%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                      | OSCEOLA CNTY FL TRANSPRTN REVENUE                            | CUSIP: 688031EB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4283721.63   | 0.05%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FYI Properties                                                                   | FYI PROPERTIES WA LEASE REVENUE                              | CUSIP: 302716BT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5173860.50   | 0.06%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J68<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  10060000 | PA      | $8314877.72   | 0.10%             | 2031-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Daytona Beach FL                                                         | DAYTONA BEACH FL CAPITAL IMPT REVENUE                        | CUSIP: 240130CE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1528330.60   | 0.02%             | 2049-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447PYU9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  18345000 | PA      | $18360270.38  | 0.22%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Texoma Utility Authority                                                 | GTR TEXOMA TX UTILITY AUTH CONTRACT REVENUE                  | CUSIP: 39239MHN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063008.40   | 0.01%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACSAUTH REVENUE                    | CUSIP: 56042RT28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $492238.75    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue     | PENNSYLVANIA ST ECON DEV FINGAUTH PKG SYS REVENUE            | CUSIP: 70870EEU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1093401.82   | 0.01%             | 2044-01-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Williamsport Area School District                                                | WILLIAMSPORT PA AREA SCH DIST                                | CUSIP: 970174SJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1440431.57   | 0.02%             | 2032-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST COPS                                           | CUSIP: 939720R83<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1540365.80   | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                      | CUSIP: 592190QZ8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5203911.00   | 0.06%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204EA32<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  25185000 | PA      | $22710483.08  | 0.28%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southeast Overtown Park West Community Redevelopment Agency                      | S E OVERTOWN PARK W CMNTY REDEV AGY FL TAX                   | CUSIP: 841466BB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2361420.60   | 0.03%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917SS79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3035951.10   | 0.04%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GCT9<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.04%             | 2049-06-15      | Floating      | 3.70%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6530836.88   | 0.08%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EVM5<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  16000000 | PA      | $16726795.20  | 0.20%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH MIDWESTERN DISASTER RELIEF REVENUE          | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3072532.80   | 0.04%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797355L93<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1715925.60   | 0.02%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Garfield County Educational Facilities Authority                                 | GARFIELD CNTY OK EDUCTNL FACS AUTH                           | CUSIP: 365716AV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1163378.85   | 0.01%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5092234.50   | 0.06%             | 2049-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Macon County School District No 61 Decatur                                       | MACON CNTY IL SCH DIST #61                                   | CUSIP: 555597GZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6005432.40   | 0.07%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Atlantic Beach FL                                                        | ATLANTIC BEACH FL HLTH CARE FACS REVENUE                     | CUSIP: 048251BR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5002233.00   | 0.06%             | 2043-11-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GA                                         | CUSIP: 62620HDH2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $6763053.83   | 0.08%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Offshore Terminal Authority                                            | LOUISIANA ST OFFSHORE TERMINAL AUTH DEEPWATER PORT REVENUE   | CUSIP: 546510FT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15227514.00  | 0.19%             | 2033-09-01      | Floating      | 4.20%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    265000 | PA      | $243247.61    | 0.00%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116EZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1879448.00   | 0.02%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority Public Safety Charges Revenue             | ARKANSAS ST DEV FIN AUTH PUBLIC SAFETY CHARGES REVENUE       | CUSIP: 04084DAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1172616.47   | 0.01%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAE2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7798137.00   | 0.10%             | 2029-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH HOSP REVENUE            | CUSIP: 928101AL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5500000.00   | 0.07%             | 2042-07-01      | Floating      | 3.85%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BZS3<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2107556.07   | 0.03%             | 2047-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | ILLINOIS ST SALES TAX REVENUE                                | CUSIP: 452227LY5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12065691.60  | 0.15%             | 2030-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712D8S8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5736577.80   | 0.07%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                 | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                    | CUSIP: 13032UMN5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9261656.00   | 0.11%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486M30<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |  11790000 | PA      | $12200214.19  | 0.15%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Waco TX                                                                  | WACO TX                                                      | CUSIP: 929831YY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6357301.80   | 0.08%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA                                             | CUSIP: 25476FXV5<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10225160.00  | 0.12%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J50<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  38500000 | PA      | $32453555.75  | 0.40%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Northeastern Illinois University                                                 | N ESTRN IL UNIV COPS                                         | CUSIP: 66442RDQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1222569.60   | 0.01%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3297867.60   | 0.04%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TAS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4885000 | PA      | $4995470.86   | 0.06%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 56042SAH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $67645.66     | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Stadium Authority                                                       | MARYLAND ST STADIUM AUTH REVENUE                             | CUSIP: 574296EK1<br>LEI: 549300VA283TTQRDNF71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3301249.80   | 0.04%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486P60<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019498.30   | 0.01%             | 2040-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Albemarle County Economic Development Authority                                  | ALBEMARLE CNTY VA ECON DEV AUTH HOSP REVENUE                 | CUSIP: 012663AL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $495000.00    | 0.01%             | 2048-10-01      | Floating      | 2.85%                 | No            |                  2 | On Loan: No      |
| South Jersey Transportation Authority                                            | S JERSEY NJ TRANSPRTN AUTH TRANSPRTN SYS REVENUE             | CUSIP: 838536MR8<br>LEI: 549300W8SZI2CAOKT956 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1562011.05   | 0.02%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | COLORADO ST COPS                                             | CUSIP: 196711UZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17500000 | PA      | $19909699.25  | 0.24%             | 2041-12-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District Utility Revenue                              | LAKEWOOD RANCH FL STEWARDSHIP DIST UTILITY REVENUE           | CUSIP: 51265LAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2605000 | PA      | $2726256.24   | 0.03%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS SPLY REVENUE                | CUSIP: 154872AY1<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |  32355000 | PA      | $34980071.16  | 0.43%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                         | MET PIER & EXPOSITION AUTH IL DEDICATED ST TAX REVENUE       | CUSIP: 592247J27<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  12245000 | PA      | $11801137.12  | 0.14%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Homewood Educational Building Authority                                          | HOMEWOOD AL EDUCTNL BLDG AUTH REVENUE                        | CUSIP: 437887HY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6700000 | PA      | $6772417.62   | 0.08%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Verona Area School District                                                      | VERONA WI AREA SCH DIST                                      | CUSIP: 925095RT0<br>LEI: 549300A33TE7YIRX1368 | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1391152.06   | 0.02%             | 2028-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pasadena Public Financing Authority                                              | PASADENA CA PUBLIC FING AUTH LEASE REVENUE                   | CUSIP: 702274AP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $4202098.07   | 0.05%             | 2028-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486V97<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2138081.80   | 0.03%             | 2043-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | PORT HOUSTON TX AUTH                                         | CUSIP: 734262FU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2491939.25   | 0.03%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Municipal Bond Authority                                                | MICHIGAN ST MUNI BOND AUTH                                   | CUSIP: 59455TTZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2384971.38   | 0.03%             | 2027-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5684912.20   | 0.07%             | 2051-06-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116JG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2165207.80   | 0.03%             | 2044-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp                                                   | IPS MULTI-SCH BLDG CORP IN                                   | CUSIP: 46263RTY1<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2074104.00   | 0.03%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116DV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $831271.23    | 0.01%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Marquis Community Development Authority of York County Virginia                  | MARQUIS VA CMNTY DEV AUTH REVENUE                            | CUSIP: 57161CAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    397000 | PA      | $138950.00    | 0.00%             | 2045-09-01      | Floating      | 7.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JNM1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |  19500000 | PA      | $19500000.00  | 0.24%             | 2055-04-01      | Floating      | 2.88%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5252159.08   | 0.06%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| North Dakota Public Finance Authority                                            | NORTH DAKOTA ST PUBLIC FIN AUTH                              | CUSIP: 65887PUN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3933077.90   | 0.05%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Higher Education Facilities Authority                                 | WASHINGTON ST HGR EDU FACS AUTH                              | CUSIP: 9397813R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $825659.90    | 0.01%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Orleans Aviation Board                                                       | NEW ORLEANS LA AVIATION BRD GULF OPPORTUNITY ZONE CFC REVENU | CUSIP: 64763XAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1800841.18   | 0.02%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FING AUTH REVENUE                   | CUSIP: 70869PPB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1243528.13   | 0.02%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486P37<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2006475.90   | 0.02%             | 2037-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                 | CUSIP: 928104NF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1484323.24   | 0.02%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4039265.20   | 0.05%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Denton Independent School District                                               | DENTON TX INDEP SCH DIST                                     | CUSIP: 249002NM4<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5199263.00   | 0.06%             | 2055-08-15      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XWP2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5115000 | PA      | $5154929.74   | 0.06%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lucas OH                                                               | LUCAS CNTY OH HOSP REVENUE                                   | CUSIP: 549310WE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4192429.93   | 0.05%             | 2048-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 735240M42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1905000 | PA      | $1935630.30   | 0.02%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111WS9<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005723.90   | 0.01%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                        | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE           | CUSIP: 34073TKX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1709342.00   | 0.02%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                   | SACRAMENTO CNTY CA ARPT SYS REVENUE                          | CUSIP: 786107VW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $7620849.60   | 0.09%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District                                                 | ALHAMBRA CA UNIF SCH DIST ELEM SCHS IMPT DIST                | CUSIP: 016066BB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6700000 | PA      | $4840680.32   | 0.06%             | 2035-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Utility Debt Securitization Authority                                            | UTILITY DEBT SECURITIZATION AUTH NY                          | CUSIP: 91802RBV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3788792.28   | 0.05%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Housing Corp                                                                | GUAM HSG CORP SF REVENUE                                     | CUSIP: 40064MBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $40370.24     | 0.00%             | 2031-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of New Orleans LA Sewerage Service Revenue                                  | NEW ORLEANS LA SEWAGE SVC REVENUE                            | CUSIP: 647719PU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1535933.40   | 0.02%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rochester MN Electric Utility Revenue                                    | ROCHESTER MN ELEC UTILITY REVENUE                            | CUSIP: 77158PGE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3895000 | PA      | $3962460.23   | 0.05%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois Sales Tax Revenue                                              | ILLINOIS ST SALES TAX REVENUE                                | CUSIP: 452227NG2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2027507.60   | 0.02%             | 2034-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 207758A60<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1788005.09   | 0.02%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community College District No 508                                    | COOK CNTY IL CMNTY CLG DIST #508                             | CUSIP: 213187ED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057418.20   | 0.01%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami Beach Redevelopment Agency                                                 | MIAMI BEACH FL REDEV AGY                                     | CUSIP: 593237GK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10908454.20  | 0.13%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newark Housing Authority                                                         | NEWARK NJ HSG AUTH PORT NEWARK MARINE TERMINAL RENTAL REVENU | CUSIP: 65037RCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7620000 | PA      | $8209106.01   | 0.10%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Delaware River & Bay Authority                                                   | DELAWARE RIVER & BAY AUTH DE REVENUE                         | CUSIP: 246317HN4<br>LEI: 549300DIIIT0MBXYHJ34 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $935626.80    | 0.01%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Eugene OR Electric Utility System Revenue                                | EUGENE OR ELEC UTILITY REVENUE                               | CUSIP: 298191T23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $756258.16    | 0.01%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442331V27<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007961.50   | 0.01%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                           | CUSIP: 199546CW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6265297.20   | 0.08%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151U31<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |  31250000 | PA      | $33656812.50  | 0.41%             | 2047-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Farmington NM                                                            | FARMINGTON NM POLL CONTROL REVENUE                           | CUSIP: 311450FY1<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4732746.00   | 0.06%             | 2029-04-01      | Fixed         | 1.80%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp                                            | CLIFTON TX HGR EDU FIN CORP EDU REVENUE                      | CUSIP: 187145RE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2816119.20   | 0.03%             | 2048-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807JW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $881469.50    | 0.01%             | 2059-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JHF3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3040363.20   | 0.04%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Agricultural & Economic Development Board                              | MINNESOTA ST AGRIC & ECON DEVBRD                             | CUSIP: 6049203C0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10353296.00  | 0.13%             | 2047-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                    | TEXAS ST TRANSPRTN COMMISSION CENTRAL TX TURNPIKE SYS REVENU | CUSIP: 88283KCH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5284856.00   | 0.06%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Whittier City School District                                                    | WHITTIER CA CITY SCH DIST                                    | CUSIP: 966765QW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4850000 | PA      | $4945549.37   | 0.06%             | 2046-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Birmingham Airport Authority                                                     | BIRMINGHAM AL ARPT AUTH ARPT REVENUE                         | CUSIP: 090888GS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $710262.67    | 0.01%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DGT3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  17200000 | PA      | $18617524.24  | 0.23%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA                                             | CUSIP: 25476FUL0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5132594.50   | 0.06%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAD4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3193821.75   | 0.04%             | 2032-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Delaware Transportation Authority                                                | DELAWARE ST TRANSPRTN AUTH US 301 PROJ REVENUE               | CUSIP: 246430AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3950000 | PA      | $3949900.07   | 0.05%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                            | FRANKLIN CNTY OH REVENUE                                     | CUSIP: 353202FY5<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3193643.61   | 0.04%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Oakland                                                                  | PORT OF OAKLAND CA                                           | CUSIP: 735000UW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5069.30      | 0.00%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waller Consolidated Independent School District                                  | WALLER TX INDEP SCH DIST                                     | CUSIP: 932493KW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6885000 | PA      | $7232048.75   | 0.09%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Building Authority                                                | MICHIGAN ST BLDG AUTH REVENUE                                | CUSIP: 594615FY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14295000 | PA      | $14474139.22  | 0.18%             | 2041-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                  | CUSIP: 20774YXJ1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3680000 | PA      | $3681124.98   | 0.04%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Florida Expressway Authority                                             | CENTRL FL EXPRESSWAY AUTH SR LIEN REVENUE                    | CUSIP: 153476JG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6308743.20   | 0.08%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado High Performance Transportation Enterprise                              | CO HIGH PERFORMANCE TRANSPRTN ENTERPRISE REVENUE             | CUSIP: 19648DAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3360000 | PA      | $3362111.76   | 0.04%             | 2044-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| County of Hillsborough FL                                                        | HILLSBOROUGH CNTY FLA COMMUNICATIONS SVCS TAX REVENUE        | CUSIP: 432299AV7<br>LEI: 549300L0R7XNYJEJGF23 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8002445.60   | 0.10%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Bond Development Corp                                                   | KENTUCKY BOND DEV CORP EDUCTNL FACS REVENUE                  | CUSIP: 49120ABP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1023375.88   | 0.01%             | 2051-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 167593M66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7538430.00   | 0.09%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                   | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                | CUSIP: 52349EEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2525000 | PA      | $2566802.89   | 0.03%             | 2044-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alhambra Unified School District                                                 | ALHAMBRA CA UNIF SCH DIST ELEM SCHS IMPT DIST                | CUSIP: 016066BR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3792088.50   | 0.05%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y7Y9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15495052.50  | 0.19%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AMJ3<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  12640000 | PA      | $13140992.72  | 0.16%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817YW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1828153.14   | 0.02%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                 | PARK CREEK CO MET DIST REVENUE                               | CUSIP: 700387DM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $498779.45    | 0.01%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Alabama Gas Supply District/The                                        | S E ALABAMA ST GAS SPLY DIST GAS SPLY REVENUE                | CUSIP: 84131TBT8<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21682810.00  | 0.26%             | 2049-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QC24<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066338.70   | 0.01%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QVT4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4130458.40   | 0.05%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Airport System Revenue                                      | BROWARD CNTY FL ARPT SYS REVENUE                             | CUSIP: 114894YK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1835365.35   | 0.02%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GPJ7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8105257.60   | 0.10%             | 2046-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Water District                                                     | ORANGE CNTY CA WTR DIST COPS                                 | CUSIP: 684421CB4<br>LEI: 549300KBQTX6CMJ3U708 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1700000.00   | 0.02%             | 2042-08-01      | Floating      | 2.78%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                 | REGL CO TRANSPRTN DIST PRIV ACTIVITY REVENUE                 | CUSIP: 759151BK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $540974.50    | 0.01%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                   | TENDER OPTION BOND TRUST RECEIPTS / CTFS VARIOUS STATES      | CUSIP: 88033SGY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6010000 | PA      | $6010000.00   | 0.07%             | 2032-07-01      | Floating      | 2.96%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                 | OHIO ST WTR DEV AUTH REVENUE                                 | CUSIP: 67765QEC6<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031413.60   | 0.02%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DYZ8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1640000.00   | 0.02%             | 2032-10-01      | Floating      | 3.90%                 | No            |                  2 | On Loan: No      |
| Hays Consolidated Independent School District                                    | HAYS TX CONSOL INDEP SCH DIST                                | CUSIP: 421111AT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2168555.20   | 0.03%             | 2043-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YAR2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1727218.63   | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | WASHINGTON ST HLTH CARE FACS AUTH                            | CUSIP: 93978HXJ9<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2730802.50   | 0.03%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH PERSONAL INCOME TAX REVENUE         | CUSIP: 650028XE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4710977.00   | 0.06%             | 2044-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167484QV9<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5995000 | PA      | $5203824.86   | 0.06%             | 2030-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576HL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5519568.45   | 0.07%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                          | BUILD NYC RESOURCE CORP NY REVENUE                           | CUSIP: 12008EVW3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $943287.10    | 0.01%             | 2044-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority/FL                                            | CAPITAL PROJS FIN AUTH FL EDUCTNL FACS REVENUE               | CUSIP: 14043FAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1092357.00   | 0.01%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Travis TX                                                              | TRAVIS CNTY TX                                               | CUSIP: 89453PH85<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |  12470000 | PA      | $13165671.37  | 0.16%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                         | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE            | CUSIP: 414009LX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2990587.20   | 0.04%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Oakland                                                                  | PORT OF OAKLAND CA                                           | CUSIP: 735000VG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2523351.68   | 0.03%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Milwaukee WI                                                             | MILWAUKEE WI                                                 | CUSIP: 602366W69<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4160000 | PA      | $4663540.13   | 0.06%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | SAN ANTONIO TX WTR REVENUE                                   | CUSIP: 79642GAY8<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7148210.30   | 0.09%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521503D5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1592947.59   | 0.02%             | 2026-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE                   | CUSIP: 56042RYG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1658716.18   | 0.02%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hays Consolidated Independent School District                                    | HAYS TX CONSOL INDEP SCH DIST                                | CUSIP: 421111AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1633439.40   | 0.02%             | 2042-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Harris County Flood Control District                                             | HARRIS CNTY TX FLOOD CONTROL DIST                            | CUSIP: 414019CM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3545000 | PA      | $3434796.59   | 0.04%             | 2042-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Trinity River Authority Denton Creek Wastewater Treatment System Revenue         | TRINITY RIVER TX AUTH DENTON CREEK WSTWTR REVENUE            | CUSIP: 896564ZM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1278400.12   | 0.02%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-10-28

**Name of Applicant:** ALLSPRING FUNDS TRUST

**Signature:** Jeremy DePalma

**Name of Signer:** Jeremy DePalma

**Title:** Treasurer