# EDGAR Filing Document

**Accession Number:** 0000898745
**File Stem:** 0000898745-26-000751
**Filing Date:** 2026-6
**Character Count:** 101967
**Document Hash:** 4dac87cc046b8b2a36a6e23c92aeefd9
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000898745-26-000751.hdr.sgml**: 20260625

**ACCESSION NUMBER**: 0000898745-26-000751

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260625

**DATE AS OF CHANGE**: 20260625

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PRINCIPAL FUNDS, INC.
- **CENTRAL INDEX KEY:** 0000898745

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07572
- **FILM NUMBER:** 261118263

**BUSINESS ADDRESS:**
- **STREET 1:** 711 HIGH STREET
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392
- **BUSINESS PHONE:** 515-235-9328

**MAIL ADDRESS:**
- **STREET 1:** PRINCIPAL FINANCIAL GROUP
- **CITY:** DES MOINES
- **STATE:** IA
- **ZIP:** 50392

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS, INC
- **DATE OF NAME CHANGE:** 20211220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL FUNDS INC
- **DATE OF NAME CHANGE:** 20080616

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRINCIPAL INVESTORS FUND INC
- **DATE OF NAME CHANGE:** 20001012

## Series and Classes Contracts Data

### Tax-Exempt Bond Fund formerly Tax-Exempt Bond Fund I (Series ID: S000014237)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000038734 | Class A             | PTEAX           |
| C000038736 | Class C             | PTBCX           |
| C000158782 | Institutional Class | PITEX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Principal Funds, Inc

- **b. Investment Company Act file number:** 811-07572

- **c. CIK number of Registrant:** 0000898745

- **d. LEI of Registrant:** 549300HZGBXSW6DSXF23

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

  - **Street Address 1:** 711 High St

  - **City:** Des Moines

  - **State:** IA

  - **Foreign country:** US

  - **Zip / Postal Code:** 50392

  - **Telephone number:** 515-235-1719

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

- **a. Name of Series:** Tax-Exempt Bond Fund

- **b. EDGAR series identifier (if any):** S000014237

- **c. LEI of Series:** 6BYFT28JGHOUTUDNKO44

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-04-30

**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:** $514691542.63

**Total Liabilities:** $5787606.76

**Net Assets:** $508903935.87

**Delayed Delivery Securities:** $3886489.75

**Cash Not Reported:** $78539.67

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 704.04510000 | **1-Year:** 2705.62970000 | **5-Year:** 55268.92110000 | **10-Year:** 122927.48630000 | **30-Year:** 101719.93120000

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

- **3-Month:** 125.85560000 | **1-Year:** 483.66010000 | **5-Year:** 9879.90850000 | **10-Year:** 21974.59790000 | **30-Year:** 18183.52140000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000038734 | 1.03%                | -2.35%               | 1.06%                |
| Class ID C000038736 | 0.95%                | -2.57%               | 1.14%                |
| Class ID C000158782 | 1.05%                | -2.48%               | 1.24%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-411456.23              | $4466311.93                                |
| Month 2  | $-42772.06               | $-14280384.04                              |
| Month 3  | $-1823964.53             | $6431375.69                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Allegheny County Higher Education Building Authority                                  | Allegheny County Higher Education Building Authority                                  | CUSIP: 01728RES4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.20%             | 2037-12-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Allegheny County Industrial Development Authority                                     | Allegheny County Industrial Development Authority                                     | CUSIP: 01730PAB5<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1718838.42   | 0.34%             | 2030-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                              | CUSIP: 04052TDC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $534397.18    | 0.11%             | 2059-01-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012179.90   | 0.20%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                     | Atlanta Development Authority/The                                                     | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5650000 | PA      | $5777414.85   | 1.14%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                                     | Atlanta Development Authority/The                                                     | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2555695.00   | 0.50%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Airport Passenger Facility Charge                                  | City of Atlanta GA Airport Passenger Facility Charge                                  | CUSIP: 04780TEM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9235000 | PA      | $10160906.64  | 2.00%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BL Train Holdings West LLC - Warrants                                                 | BL Train Holdings West LLC - Warrants                                                 | CUSIP: 05594N118<br>LEI: 254900UTS074X7B9VE11 | Long             | EC               | CORP              | US        |     45054 | NS      | $56317.50     | 0.01%             |  |  |  | No            |                  3 | On Loan: No      |
| Baldwin County Industrial Development Authority                                       | Baldwin County Industrial Development Authority                                       | CUSIP: 05786PAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2450351.75   | 0.48%             | 2056-03-01      | Variable      | 4.30%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                        | CUSIP: 09182TJC2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5152247.50   | 1.01%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority                                        | CUSIP: 118217CT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1133351.78   | 0.22%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority                                        | CUSIP: 118217CV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1830619.59   | 0.36%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                        | Buckeye Tobacco Settlement Financing Authority                                        | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3965604.50   | 0.78%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority                                       | CUSIP: 13013JCB0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5217216.50   | 1.03%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                           | California Educational Facilities Authority                                           | CUSIP: 130179TN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3359558.70   | 0.66%             | 2051-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                     | California Housing Finance Agency                                                     | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   6752264 | PA      | $6830889.19   | 1.34%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                 | California Infrastructure & Economic Development Bank                                 | CUSIP: 13034A7E4<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   1835000 | PA      | $1064300.00   | 0.21%             | 2065-01-01      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                | CUSIP: 13049YEN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2350724.99   | 0.46%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2061801.85   | 0.41%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                                   | California Public Finance Authority                                                   | CUSIP: 13057GAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7596105.60   | 1.49%             | 2054-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                | CUSIP: 13078RHR4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2180475.00   | 0.43%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Casino Reinvestment Development Authority Inc                                         | Casino Reinvestment Development Authority Inc                                         | CUSIP: 14760RBR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1075788.30   | 0.21%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Texas Regional Mobility Authority                                             | Central Texas Regional Mobility Authority                                             | CUSIP: 155498GJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2763723.19   | 0.54%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago IL                                                                    | CUSIP: 167486U72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4692453.30   | 0.92%             | 2050-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago IL                                                                    | CUSIP: 167486X61<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043663.20   | 0.21%             | 2050-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago IL                                                                    | CUSIP: 167486X79<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1555654.95   | 0.31%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Collier County Health Facilities Authority                                            | Collier County Health Facilities Authority                                            | CUSIP: 19463VAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3070999.56   | 0.60%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Collier County Industrial Development Authority                                       | Collier County Industrial Development Authority                                       | CUSIP: 194641BB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1534966.50   | 0.30%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                           | Connecticut State Health & Educational Facilities Authority                           | CUSIP: 20775DZU9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2306420.00   | 0.45%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cook IL Sales Tax Revenue                                                   | County of Cook IL Sales Tax Revenue                                                   | CUSIP: 213248BY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1547018.10   | 0.30%             | 2035-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                                 | County of Cuyahoga OH                                                                 | CUSIP: 232263NP4<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2746245.45   | 0.54%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                                    | City of Detroit MI                                                                    | CUSIP: 2510934Q0<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024892.60   | 0.20%             | 2050-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                                    | City of Detroit MI                                                                    | CUSIP: 2510935F3<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004971.50   | 0.20%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                                  | District of Columbia                                                                  | CUSIP: 25484JDJ6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2198192.80   | 0.43%             | 2060-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                               | Energy Southeast A Cooperative District                                               | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3437503.92   | 0.68%             | 2054-07-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Fairfax VA                                                                  | County of Fairfax VA                                                                  | CUSIP: 30382AMX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5105579.00   | 1.00%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Redevelopment & Housing Authority                                      | Fairfax County Redevelopment & Housing Authority                                      | CUSIP: 303835DR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2720000 | PA      | $2816684.85   | 0.55%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Farmington NM                                                                 | City of Farmington NM                                                                 | CUSIP: 311450FW5<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |    600000 | PA      | $523208.82    | 0.10%             | 2033-04-01      | Fixed         | 2.15%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                      | Florida Development Finance Corp                                                      | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3372658.09   | 0.66%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                      | Florida Development Finance Corp                                                      | CUSIP: 34061XAK8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4002811.20   | 0.79%             | 2032-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority                                           | George L Smith II Congress Center Authority                                           | CUSIP: 37255MAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1752400 | PA      | $1782486.78   | 0.35%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Ports Authority                                                               | Georgia Ports Authority                                                               | CUSIP: 373586HS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3585000 | PA      | $3897809.89   | 0.77%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Georgia Ports Authority                                                               | Georgia Ports Authority                                                               | CUSIP: 373586HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040060.10   | 0.20%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Gilberts IL Special Service Area No 24                                     | Village of Gilberts IL Special Service Area No 24                                     | CUSIP: 37546QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    123932 | PA      | $119978.35    | 0.02%             | 2034-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton OH                                                                 | CUSIP: 40727RBS6<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1435474.70   | 0.28%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corp                                                 | Hempstead Town Local Development Corp                                                 | CUSIP: 424682MS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2961677.40   | 0.58%             | 2056-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                             | CUSIP: 442349KH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4550000 | PA      | $4853355.33   | 0.95%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                             | CUSIP: 442349KK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057986.20   | 0.21%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                              | City of Houston TX Hotel Occupancy Tax & Special Revenue                              | CUSIP: 44237NNK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085961.60   | 0.41%             | 2051-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Hotel Occupancy Tax & Special Revenue                              | City of Houston TX Hotel Occupancy Tax & Special Revenue                              | CUSIP: 44237NNL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1326409.50   | 0.26%             | 2058-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority                                                     | CUSIP: 451295ZZ5<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1265000.00   | 0.25%             | 2048-03-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                     | CUSIP: 452153EQ8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6855000 | PA      | $7292865.87   | 1.43%             | 2044-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                     | CUSIP: 452153RJ0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045636.00   | 0.21%             | 2051-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority                                                 | CUSIP: 452252LH0<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5208823.36   | 1.02%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority                                                 | CUSIP: 452252PY9<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |    410000 | PA      | $387094.24    | 0.08%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                                | Iowa Finance Authority                                                                | CUSIP: 46247SFF6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    500000 | PA      | $552163.15    | 0.11%             | 2053-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| iShares Short-Term National Muni Bond ETF                                             | iShares Short-Term National Muni Bond ETF                                             | CUSIP: 464288158<br>LEI: 5493006UX6BTVQQ8GI65 | Long             | EC               | RF                | US        |       374 | NS      | $39860.92     | 0.01%             |  |  |  | No            |                  1 | On Loan: No      |
| iShares National Muni Bond ETF                                                        | iShares National Muni Bond ETF                                                        | CUSIP: 464288414<br>LEI: 549300H21FUYFQW9N157 | Long             | EC               | RF                | US        |      5528 | NS      | $592214.64    | 0.12%             |  |  |  | No            |                  1 | On Loan: No      |
| JPMorgan Ultra-Short Municipal Income ETF                                             | JPMorgan Ultra-Short Municipal Income ETF                                             | CUSIP: 46641Q654<br>LEI: 549300C27W430AWFZC05 | Long             | EC               | RF                | US        |        99 | NS      | $5047.02      | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |
| Kentucky Turnpike Authority                                                           | Kentucky Turnpike Authority                                                           | CUSIP: 491552R80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6550000 | PA      | $7250832.97   | 1.42%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentwood Economic Development Corp                                                    | Kentwood Economic Development Corp                                                    | CUSIP: 491740EY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005033.40   | 0.20%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL Department of Electric Utilities                                  | City of Lakeland FL Department of Electric Utilities                                  | CUSIP: 51166FCK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5010000 | PA      | $5733140.39   | 1.13%             | 2036-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lancaster Industrial Development Authority                                            | Lancaster Industrial Development Authority                                            | CUSIP: 51434NAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $815435.50    | 0.16%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Las Vegas Convention & Visitors Authority                                             | Las Vegas Convention & Visitors Authority                                             | CUSIP: 51771FAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5489407.63   | 1.08%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Long Beach CA Airport System Revenue                                          | City of Long Beach CA Airport System Revenue                                          | CUSIP: 542403DR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1343958.59   | 0.26%             | 2047-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports                                            | CUSIP: 544445JB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1328873.25   | 0.26%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                          | Los Angeles Department of Water & Power Water System Revenue                          | CUSIP: 5445252T4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6826745.25   | 1.34%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority | CUSIP: 54628CES7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1350984.97   | 0.27%             | 2039-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority | CUSIP: 54628CJB9<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1450158.15   | 0.28%             | 2044-11-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                                                        | Lower Alabama Gas District/The                                                        | CUSIP: 547804AE4<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3556286.59   | 0.70%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Alabama Gas District/The                                                        | Lower Alabama Gas District/The                                                        | CUSIP: 547804AF1<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5249142.00   | 1.03%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                        | Lower Colorado River Authority                                                        | CUSIP: 54811BN72<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   4055000 | PA      | $4357800.64   | 0.86%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                           | Main Street Natural Gas Inc                                                           | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4535524.76   | 0.89%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                      | CUSIP: 56682HCK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5843871.60   | 1.15%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                                    | Maryland Economic Development Corp                                                    | CUSIP: 57421HAB9<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3189456.90   | 0.63%             | 2048-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                              | CUSIP: 57584XYD7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |  10770000 | PA      | $12650580.93  | 2.49%             | 2040-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                              | CUSIP: 57584YWJ4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1106542.90   | 0.22%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                              | CUSIP: 57585BGU6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5780843.00   | 1.14%             | 2055-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                              | CUSIP: 592248EE4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1615000 | PA      | $1675710.27   | 0.33%             | 2029-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                              | CUSIP: 592250FA7<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4886663.50   | 0.96%             | 2042-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority                                                 | CUSIP: 59261A3Q8<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    735000 | PA      | $695972.01    | 0.14%             | 2044-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority                                                 | CUSIP: 59261AH42<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3101089.64   | 0.61%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                                 | Metropolitan Transportation Authority                                                 | CUSIP: 59261AJ73<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091185.90   | 0.21%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Educational Facilities Authority                                    | Miami-Dade County Educational Facilities Authority                                    | CUSIP: 59333AMZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001279.40   | 0.39%             | 2053-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                                  | County of Miami-Dade FL Water & Sewer System Revenue                                  | CUSIP: 59334DQP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2476143.12   | 0.49%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                            | CUSIP: 59447TVA8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3237163.30   | 0.64%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                                  | Mida Mountain Village Public Infrastructure District                                  | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2057801.40   | 0.40%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                                    | State of Minnesota                                                                    | CUSIP: 60412AQ63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5090712.50   | 1.00%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                     | Mission Economic Development Corp                                                     | CUSIP: 605155BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2602866.00   | 0.51%             | 2064-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                     | Mississippi Business Finance Corp                                                     | CUSIP: 60528ABJ2<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |    370000 | PA      | $370000.00    | 0.07%             | 2030-12-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp                                                     | Mississippi Business Finance Corp                                                     | CUSIP: 60528ABN3<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |    280000 | PA      | $280000.00    | 0.06%             | 2030-12-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Industrial Development Board of the City of Mobile Alabama                            | Industrial Development Board of the City of Mobile Alabama                            | CUSIP: 607168AZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3100000.00   | 0.61%             | 2034-06-01      | Variable      | 3.28%                 | No            |                  2 | On Loan: No      |
| Mohegan Tribal Finance Authority                                                      | Mohegan Tribal Finance Authority                                                      | CUSIP: 608327AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3831325.68   | 0.75%             | 2045-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Montana Facility Finance Authority                                                    | Montana Facility Finance Authority                                                    | CUSIP: 612043KW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011989.80   | 0.40%             | 2038-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                              | Montana Board of Housing                                                              | CUSIP: 61213TBC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $793664.07    | 0.16%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                              | CUSIP: 63607WAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    378769 | PA      | $384226.78    | 0.08%             | 2034-01-20      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                              | CUSIP: 63607YAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $906515.90    | 0.18%             | 2042-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                              | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $813804.90    | 0.16%             | 2045-07-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Navajo Nation                                                                         | Navajo Nation                                                                         | CUSIP: 639185AQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $1992259.84   | 0.39%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hope Higher Education Finance Corp                                                | New Hope Higher Education Finance Corp                                                | CUSIP: 645438DA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2041769.60   | 0.40%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                             | CUSIP: 64577HMH1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1010077.36   | 0.20%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of New Jersey                                                                   | State of New Jersey                                                                   | CUSIP: 646039YQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5302343.50   | 1.04%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Turnpike Authority                                                         | New Jersey Turnpike Authority                                                         | CUSIP: 646140FX6<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067404.60   | 0.21%             | 2049-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Energy Finance Development Corp                                              | New York Energy Finance Development Corp                                              | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2110670.78   | 0.41%             | 2056-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured Revenue               | CUSIP: 64971X2Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2835000 | PA      | $3137046.57   | 0.62%             | 2038-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority                                       | CUSIP: 64972GC69<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    400000 | PA      | $400000.00    | 0.08%             | 2044-06-15      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority                                       | CUSIP: 64972GDC5<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |    215000 | PA      | $215000.00    | 0.04%             | 2043-06-15      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                       | New York City Municipal Water Finance Authority                                       | CUSIP: 64972GE83<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2145331.20   | 0.42%             | 2046-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue               | New York City Transitional Finance Authority Future Tax Secured Revenue               | CUSIP: 64972JBY3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3410310.84   | 0.67%             | 2042-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency                                                 | CUSIP: 64987J8E4<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.29%             | 2044-11-01      | Variable      | 3.37%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority                                                    | CUSIP: 64990C6Q9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034712.40   | 0.20%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority                                                    | CUSIP: 64990F6U3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058224.60   | 0.21%             | 2049-03-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority                                                    | CUSIP: 64990GZQ8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1351806.75   | 0.27%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority                                                    | CUSIP: 65000B7V4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081439.00   | 0.21%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority                                                    | CUSIP: 65000B7Y8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3169605.00   | 0.62%             | 2054-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                              | New York Transportation Development Corp                                              | CUSIP: 650110AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971379.20    | 0.19%             | 2041-10-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                              | New York Transportation Development Corp                                              | CUSIP: 650116CL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5117680.00   | 1.01%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                              | New York Transportation Development Corp                                              | CUSIP: 650116CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3260734.08   | 0.64%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                              | New York Transportation Development Corp                                              | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1058791.30   | 0.21%             | 2040-04-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                              | New York Transportation Development Corp                                              | CUSIP: 650116JK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4318714.80   | 0.85%             | 2050-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                              | New York Transportation Development Corp                                              | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1581666.90   | 0.31%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of North Charleston SC                                                           | City of North Charleston SC                                                           | CUSIP: 658575AB1<br>LEI: 549300Y9QXZ4L5X8SP87 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100000.00    | 0.02%             | 2037-09-01      | Variable      | 3.83%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Municipal Credit Income Fund                                          | Nuveen AMT-Free Municipal Credit Income Fund                                          | CUSIP: 67071L825<br>LEI: 549300LBMO1C0IG71T03 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150000.00    | 0.03%             | 2029-03-01      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority                                                | CUSIP: 67754AAE4<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    850000 | PA      | $788003.30    | 0.15%             | 2048-01-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                         | CUSIP: 67756CCF3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3600000.00   | 0.71%             | 2045-01-15      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                         | CUSIP: 67756CFH6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200000.00    | 0.04%             | 2051-01-15      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Ohio State University/The                                                             | Ohio State University/The                                                             | CUSIP: 677632Q61<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5669441.00   | 1.11%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Water Development Authority                                                      | Ohio Water Development Authority                                                      | CUSIP: 67765QUD6<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2274435.40   | 0.45%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oneida Indian Nation of New York                                                      | Oneida Indian Nation of New York                                                      | CUSIP: 682504AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2053463.95   | 0.40%             | 2043-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Department of Transportation                                          | State of Oregon Department of Transportation                                          | CUSIP: 68607DXB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5487775.23   | 1.08%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                         | CUSIP: 696507VS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108197.80   | 0.22%             | 2053-05-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                 | CUSIP: 70868YAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4347842.54   | 0.85%             | 2043-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                 | CUSIP: 708692CE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2515814.00   | 0.49%             | 2056-03-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                      | Pennsylvania Turnpike Commission                                                      | CUSIP: 709224N21<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2148645.20   | 0.42%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Phenix City Industrial Development Board                                              | Phenix City Industrial Development Board                                              | CUSIP: 717346AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000423.30   | 0.59%             | 2035-05-15      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                               | City of Philadelphia PA                                                               | CUSIP: 717813XM6<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101518.00   | 0.41%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia Gas Works Co                                                             | Philadelphia Gas Works Co                                                             | CUSIP: 71783MDF9<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049438.80   | 0.21%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                     | Philadelphia Authority for Industrial Development                                     | CUSIP: 717901CA8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $962192.60    | 0.19%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                                  | Port of Beaumont Navigation District                                                  | CUSIP: 73360CAC8<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   4335000 | PA      | $3940104.91   | 0.77%             | 2035-01-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| Port of Port Arthur Navigation District                                               | Port of Port Arthur Navigation District                                               | CUSIP: 735220AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700000.00    | 0.14%             | 2040-04-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                      | Kentucky Public Energy Authority                                                      | CUSIP: 74440DFC3<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3179949.30   | 0.62%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                      | Kentucky Public Energy Authority                                                      | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5097617.50   | 1.00%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                              | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100742.10   | 0.22%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                              | CUSIP: 74448UAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    600000 | PA      | $614608.44    | 0.12%             | 2060-06-30      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |       229 | PA      | $233.23       | 0.00%             | 2027-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |       270 | PA      | $284.18       | 0.00%             | 2029-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |       899 | PA      | $971.76       | 0.00%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    182745 | PA      | $182481.59    | 0.04%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    256701 | PA      | $249756.52    | 0.05%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |        15 | PA      | $14.03        | 0.00%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    362971 | PA      | $315917.47    | 0.06%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    428210 | PA      | $310235.32    | 0.06%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                           | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1277773 | PA      | $868885.97    | 0.17%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                                | Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                                | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1796914.25   | 0.35%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp                                     | Rhode Island Health and Educational Building Corp                                     | CUSIP: 762243LT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $750000.00    | 0.15%             | 2035-06-01      | Variable      | 3.53%                 | No            |                  2 | On Loan: No      |
| State Street SPDR Nuveen ICE High Yield Municipal Bond ETF                            | State Street SPDR Nuveen ICE High Yield Municipal Bond ETF                            | CUSIP: 78464A284<br>LEI: 54930036TY0W1EQHEK50 | Long             | EC               | RF                | US        |     30004 | NS      | $754000.52    | 0.15%             |  |  |  | No            |                  1 | On Loan: No      |
| Sacramento Area Flood Control Agency                                                  | Sacramento Area Flood Control Agency                                                  | CUSIP: 785840HD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1341454.17   | 0.26%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                                 | Parish of St James LA                                                                 | CUSIP: 790103AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1099925.60   | 0.22%             | 2040-12-01      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| Parish of St John the Baptist LA                                                      | Parish of St John the Baptist LA                                                      | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012320.80   | 0.40%             | 2037-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                         | Sales Tax Securitization Corp                                                         | CUSIP: 79467BBK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3052736.10   | 0.60%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                         | Sales Tax Securitization Corp                                                         | CUSIP: 79467BCW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2830628.16   | 0.56%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                                  | San Diego Unified School District/CA                                                  | CUSIP: 797355Q64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4150624.00   | 0.82%             | 2032-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport          | CUSIP: 79766DRY7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1550996.85   | 0.30%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County Public Hospital District                                              | Sarasota County Public Hospital District                                              | CUSIP: 803301EB2<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3976654.50   | 0.78%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority                                    | CUSIP: 837031WL3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1823234.86   | 0.36%             | 2047-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority                                    | CUSIP: 837031WN9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1448606.40   | 0.28%             | 2052-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority                                    | CUSIP: 83704DAK2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $110000.00    | 0.02%             | 2031-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority                                    | CUSIP: 83704DAM8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $495000.00    | 0.10%             | 2051-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                               | South Carolina Public Service Authority                                               | CUSIP: 8371515T2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2930000 | PA      | $3101610.39   | 0.61%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                               | South Carolina Public Service Authority                                               | CUSIP: 8371515U9<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043731.80   | 0.40%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                                        | General Authority of Southcentral Pennsylvania                                        | CUSIP: 84129NNH8<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3090155.96   | 0.61%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado                 | Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado                 | CUSIP: 844090AD2<br>LEI: 549300X0RZRBWLO0J697 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3237896.10   | 0.64%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                             | Tarrant County Cultural Education Facilities Finance Corp                             | CUSIP: 87638QTG4<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2135049.80   | 0.42%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                             | Tarrant County Cultural Education Facilities Finance Corp                             | CUSIP: 87638QTK5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $892556.30    | 0.18%             | 2054-12-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                             | Tarrant County Cultural Education Facilities Finance Corp                             | CUSIP: 87638RGV3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2067410.64   | 0.41%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88033MQP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1282000 | PA      | $1586973.67   | 0.31%             | 2040-01-01      | Variable      | 8.00%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88034M3A2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1016740.60   | 0.20%             | 2044-05-15      | Variable      | 7.75%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88034NML5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1802000 | PA      | $1895911.23   | 0.37%             | 2043-07-01      | Variable      | 6.29%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88034YTB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1568921.38   | 0.31%             | 2036-05-15      | Variable      | 8.24%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035G8P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $679224.54    | 0.13%             | 2055-08-01      | Variable      | 9.08%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035GWF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1779611.72   | 0.35%             | 2042-10-01      | Variable      | 8.81%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035JKU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2495000 | PA      | $3351118.78   | 0.66%             | 2050-10-01      | Variable      | 7.69%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035JZQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2250000.00   | 0.44%             | 2032-07-01      | Variable      | 3.52%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035MFM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1600000.00   | 0.31%             | 2031-04-01      | Floating      | 3.12%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035MJW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1125136.04   | 0.22%             | 2049-10-01      | Variable      | 8.39%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035R2L7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.20%             | 2031-06-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035RAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2265000 | PA      | $2780756.63   | 0.55%             | 2055-07-01      | Variable      | 8.41%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035RQJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2025440.69   | 0.40%             | 2031-01-01      | Variable      | 8.33%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035TPN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1345000.00   | 0.26%             | 2033-08-15      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Tender Option Bond Trust Receipts/Certificates                                        | Tender Option Bond Trust Receipts/Certificates                                        | CUSIP: 88035TRS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3300000.00   | 0.65%             | 2033-03-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                       | Texas Municipal Gas Acquisition & Supply Corp V                                       | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   4225000 | PA      | $4504511.21   | 0.89%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp V                                       | Texas Municipal Gas Acquisition & Supply Corp V                                       | CUSIP: 88256RAV8<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   3725000 | PA      | $3880877.47   | 0.76%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                     | Tobacco Settlement Financing Corp                                                     | CUSIP: 888808HN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5195000 | PA      | $5204414.38   | 1.02%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                     | Tobacco Settlement Financing Corp                                                     | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8680000 | PA      | $8696707.26   | 1.71%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tompkins County Development Corp                                                      | Tompkins County Development Corp                                                      | CUSIP: 890096BB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $23000.00     | 0.00%             | 2027-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust Trustees/OK                                             | Tulsa Municipal Airport Trust Trustees/OK                                             | CUSIP: 899661EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2816448.25   | 0.55%             | 2035-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa County Industrial Development Authority                                    | Tuscaloosa County Industrial Development Authority                                    | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2997000 | PA      | $3017966.41   | 0.59%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                                | Permanent University Fund - University of Texas System                                | CUSIP: 915130BH0<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   6305000 | PA      | $7327765.58   | 1.44%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                                | Permanent University Fund - University of Texas System                                | CUSIP: 915130CY2<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   8945000 | PA      | $10760419.06  | 2.11%             | 2041-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                            | Utah Infrastructure Agency                                                            | CUSIP: 917467AF9<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   4385000 | PA      | $4408687.77   | 0.87%             | 2032-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                            | Utah Infrastructure Agency                                                            | CUSIP: 917467AH5<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502011.95   | 0.30%             | 2037-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Infrastructure Agency                                                            | Utah Infrastructure Agency                                                            | CUSIP: 917467AU6<br>LEI: 549300WD2FDRNXU16V82 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1207676.52   | 0.24%             | 2040-10-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| VanEck High Yield Muni ETF                                                            | VanEck High Yield Muni ETF                                                            | CUSIP: 92189H409<br>LEI: 549300UT41BWOPGYSE94 | Long             | EC               | RF                | US        |     18363 | NS      | $938349.30    | 0.18%             |  |  |  | No            |                  1 | On Loan: No      |
| Virginia Small Business Financing Authority                                           | Virginia Small Business Financing Authority                                           | CUSIP: 928104NZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3480000 | PA      | $2850158.63   | 0.56%             | 2041-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                                | Virginia Housing Development Authority                                                | CUSIP: 92812XTH5<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2557758.64   | 0.50%             | 2046-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                             | Westchester County Local Development Corp                                             | CUSIP: 95737TFM3<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $2235821.42   | 0.44%             | 2048-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                                    | City of Whiting IN                                                                    | CUSIP: 96634RAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $714707.60    | 0.14%             | 2051-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| United City of Yorkville IL                                                           | United City of Yorkville IL                                                           | CUSIP: 987361AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300469.11    | 0.06%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

**Name of Applicant:** Principal Funds, Inc

**Signature:** Megan Hoffmann

**Name of Signer:** /s/ Megan Hoffmann

**Title:** Vice President and Treasurer