# EDGAR Filing Document

**Accession Number:** 0001170299
**File Stem:** 0001099263-26-003068
**Filing Date:** 2026-3
**Character Count:** 164747
**Document Hash:** 920b4b492fb2c33592845bbface3b4bb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001099263-26-003068.hdr.sgml**: 20260302

**ACCESSION NUMBER**: 0001099263-26-003068

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251231

**FILED AS OF DATE**: 20260302

**DATE AS OF CHANGE**: 20260302

**PERIOD START**: 20251231

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** PIMCO MUNICIPAL INCOME FUND II
- **CENTRAL INDEX KEY:** 0001170299

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-21076
- **FILM NUMBER:** 26705884

**BUSINESS ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019
- **BUSINESS PHONE:** 212-739-4000

**MAIL ADDRESS:**
- **STREET 1:** 1633 BROADWAY
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10019

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** PIMCO Municipal Income Fund II

- **b. Investment Company Act file number:** 811-21076

- **c. CIK number of Registrant:** 0001170299

- **d. LEI of Registrant:** ZVT714KPY3QTZWRT1S41

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

  - **Street Address 1:** 1633 Broadway

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10019

  - **Telephone number:** (844) 337-4626

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

- **a. Name of Series:** N/A

- **c. LEI of Series:** N/A

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

- **a. Date of fiscal year-end:** 2025-12-31

- **b. Date as of which information is reported:** 2025-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1821131081.89

**Total Liabilities:** $805067809.01

**Net Assets:** $1016063272.88

**Cash Not Reported:** $9106563.98

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 12881.330100 | **1-Year:** 13740.624800 | **5-Year:** 226009.700500 | **10-Year:** 1019045.491500 | **30-Year:** 60206.836400

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

- **3-Month:** 146.532900 | **1-Year:** 3888.766600 | **5-Year:** 54788.185400 | **10-Year:** 74988.139100 | **30-Year:** 16825.789400

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.75%                | -2.15%               | -1.83%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-1402472.26             | $18740830.35                               |
| Month 2  | $891835.74               | $-4367534.18                               |
| Month 3  | $-252159.89              | $-9085222.27                               |

**Designated Index Information**

- **Index Name:** ICE Long Duration National Municipal Securities Index

- **Index Identifier:** MULD

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| PIMA COUNTRY INDUSTRIAL DEVELOPMENT                                     | PIMA CNTY AZ INDL DEV AUTH EDU PIMDEV 07/55 FIXED OID 5       | CUSIP: 72177MTP2<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   4700000 | PA      | $3760000.00   | 0.37%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                | INLIVIAN NC MF TAX EXEMPT MTGE INLMFH 06/41 FIXED 4.45        | CUSIP: 45753EAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4653110 | PA      | $4758043.68   | 0.47%             | 2041-06-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEV                                          | MARICOPA CNTY AZ INDL DEV AUTH MARDEV 01/41 FIXED 4           | CUSIP: 56682HCK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2914997.40   | 0.29%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA DEVELOPMENT FINANCE AUTHORITY                                  | OKLAHOMA ST DEV FIN AUTH HLTHS OKSMED 08/52 FIXED 5.5         | CUSIP: 67884XCK1<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3600047.88   | 0.35%             | 2052-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                       | ATLANTA GA DEV AUTH SENIOR HLT ATLMED 01/35 FIXED OID 6.75    | CUSIP: 04781GAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7100000 | PA      | $4047000.00   | 0.40%             | 2035-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/36 FIXED 5               | CUSIP: 74442PJ71<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $543530.05    | 0.05%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                 | FREDDIE MAC MULTIFAMILY FRETE 2023 ML15 A                     | CUSIP: 3137HA4G8<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   5848827 | PA      | $5708355.43   | 0.56%             | 2040-01-25      | Variable      | 4.14%                 | No            |                  2 | On Loan: No      |
| COUNTY OF JEFFERSON AL SEWER REVENUE                                    | JEFFERSON CNTY AL SWR REVENUE JEFFERSON CO WARRANTS           | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10335200.00  | 1.02%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BRAZORIA COUNTY INDUSTRIAL DEVELOPMENT CORP                             | BRAZORIA CNTY TX INDL DEV CORP BZIFAC 06/43 FIXED 12          | CUSIP: 10604PAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2930519 | PA      | $293051.89    | 0.03%             | 2043-06-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                  | IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 12/50 ADJUSTABLE VAR    | CUSIP: 46246SAV7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |  10200000 | PA      | $11739603.30  | 1.16%             | 2050-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| THE UNIVERSITY OF NEBRASKA FACILITIES CORPORATION                       | UNIV OF NEBRASKA NE FACS CORP UNIHGR 07/62 FIXED 4            | CUSIP: 914639LF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5085000 | PA      | $4555853.88   | 0.45%             | 2062-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                             | ILLINOIS ST ILS 05/47 FIXED 5.25                              | CUSIP: 452153KE8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5181991.50   | 0.51%             | 2047-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                         | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 12/54 FIXED 5.25        | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6200000 | PA      | $6290222.40   | 0.62%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| THE ATLANTA DEVELOPMENT AUTHORITY                                       | ATLANTA GA DEV AUTH ATLDEV 07/44 FIXED 5                      | CUSIP: 04780NKD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3895000 | PA      | $3895864.69   | 0.38%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DULUTH HOUSING & REDEVELOPMENT                                          | MULTIFAMILY MORTGAGE BONDS MFMB 2025 16FN PT                  | CUSIP: 264469AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1508274.18   | 0.15%             | 2042-08-01      | Fixed         | 4.95%                 | No            |                  2 | On Loan: No      |
| THIRD CREEK METROPOLITAN DISTRICT NO 1                                  | THIRD CREEK MET DIST  1 CO TCMFAC 12/51 FIXED 4.75            | CUSIP: 88423EAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1003102.30   | 0.10%             | 2051-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| WISCONSIN HEALTH AND EDUCATIONAL FACILITIES AUTHORITY                   | WISCONSIN ST HLTH   EDUCTNL FA WISMED 12/51 FIXED 4           | CUSIP: 97712JEQ2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   8460000 | PA      | $7366283.59   | 0.72%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DISTRICT                  | DOWNTOWN REVITALIZATION PUBLIC DTRFAC 06/42 FIXED 5.25        | CUSIP: 26118TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2198008.60   | 0.22%             | 2042-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORPORATION I                | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/26 FIXED 5.25         | CUSIP: 88256CAT6<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    150000 | PA      | $153187.20    | 0.02%             | 2026-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                              | ILLINOIS ST FIN AUTH REVENUE ILSGEN 05/43 FIXED 5             | CUSIP: 45204EL97<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12230053.20  | 1.20%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                         | NEW YORK ST TRANS 06/60 5.125                                 | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $10548920.55  | 1.04%             | 2060-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                 | MUNI ELEC AUTH OF GEORGIA MELPWR 07/60 FIXED 5                | CUSIP: 626207H49<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |  21000000 | PA      | $20571075.00  | 2.02%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE PASSAIC COUNTY IMPROVEMENT AUTHORITY                                | PASSAIC CNTY NJ IMPT AUTH CHRT PASEDU 07/40 FIXED OID 4.5     | CUSIP: 70275QAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009048.60   | 0.10%             | 2040-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| PUBLIC ENERGY AUTHORITY OF KENTUCKY INC                                 | KENTUCKY ST PUBLIC ENERGY AUTH KYSPWR 05/36 FIXED 5           | CUSIP: 74440DGL2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7440812.40   | 0.73%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE COUNTY HOUSING FINANCE AUTHORITY                             | MIAMI DADE CNTY FL HSG FIN AUT MIAMFH 03/46 FIXED 4.88        | CUSIP: 593344BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2496583.50   | 0.25%             | 2046-03-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                          | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/57 ZEROCPNOID 0       | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  82900000 | PA      | $6152166.51   | 0.61%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 FIXED 5.125       | CUSIP: 04052TDC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1535513.10   | 0.15%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| 5625 CASE                                                               | 5625 CASE FIXED DELAYED DRAW TERM LOAN 1                      | CUSIP: BA000PYN4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2745599 | PA      | $2745598.81   | 0.27%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| INLIVIAN                                                                | FAIRHAVEN GLEN FIXED TAX EXEMPT CONSTRUCTIONA                 | CUSIP: BA00061X0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9400000 | PA      | $9360520.00   | 0.92%             | 2067-01-01      | Floating      | 6.26%                 | No            |                  3 | On Loan: No      |
| MAINE HEALTH AND HIGHER EDUCATIONAL FACILITIES AUTHORITY                | MAINE HLTH   HGR EDUCTNL FACS MESMED 07/45 FIXED 4            | CUSIP: 56042RYH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1883519.40   | 0.19%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                    | COLORADO ST HLTH FACS AUTH REV COSMED 12/55 FIXED 5.125       | CUSIP: 19648FZK3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3456652.15   | 0.34%             | 2055-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| DALLAS FORT WORTH INTERNATIONAL AIRPORT                                 | DALLAS FORT WORTH TX INTERNATI DALAPT 11/39 FIXED 5           | CUSIP: 23503CBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4379496.00   | 0.43%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                 | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                  | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1179246.96   | 0.12%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY                            | WEST VIRGINIA ST ECON DEV AUTH WVSDEV 01/55 ADJUSTABLE VAR    | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5219458.44   | 0.51%             | 2055-01-01      | Variable      | 5.45%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX AIRPORT SYSTEM REVENUE                               | HOUSTON TX ARPT SYS REVENUE HOUAPT 07/36 FIXED 5.5            | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093338.50   | 0.11%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                  | IOWA ST FIN AUTH MIDWSTRN DISA IASGEN 12/50 FIXED 5           | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $12660356.50  | 1.25%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                      | NEW YORK ST DORM AUTH REVENUES NYSHGR 05/52 FIXED 5           | CUSIP: 65000BNH7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030219.40   | 0.20%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                    | DIST OF COLUMBIA REVENUE DISREV 08/36 FIXED 5.5               | CUSIP: 25483VA53<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2078319.96   | 0.20%             | 2036-08-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY MUNICIPAL ENERGY AGENCY                                        | KENTUCKY ST MUNI ENERGY AGY PW KMEPWR 01/55 FIXED 5           | CUSIP: 491499AU3<br>LEI: 254900W8G3M70YHUAO94 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6167701.80   | 0.61%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSPORTATION CORPORATION                                | GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/49 FIXED 4           | CUSIP: 38611TDQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4045000 | PA      | $3746646.87   | 0.37%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SENAC SOUTH METROPOLITAN DISTRICT NO 1                                  | SENAC SOUTH MET DIST  1 CO SESFAC 12/51 FIXED 5.25            | CUSIP: 81685AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $1959619.81   | 0.19%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                              | ILLINOIS ST FIN AUTH REVENUE ILSGEN 11/34 FIXED 5             | CUSIP: 45204FYL3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5025910.50   | 0.49%             | 2034-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS CONVENTION & VISITOR                                          | LAS VEGAS NV CONVENTION   VISI LASGEN 07/49 FIXED 5           | CUSIP: 51771FCF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7950000 | PA      | $8195096.12   | 0.81%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ERIE CNTY N Y INDL DEV AGY SCHFAC REV                                   | ERIE CNTY NY INDL DEV AGY MF H ERIMFH 02/41 FIXED OID 4.25    | CUSIP: 29508TAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4825000 | PA      | $4769711.29   | 0.47%             | 2041-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | 4345 MATILJA TE PERM 144A                                     | CUSIP: BA000QPH5<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   2594067 | PA      | $2594066.99   | 0.26%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                    | COLORADO ST HLTH FACS AUTH REV COSMED 01/40 FIXED 4           | CUSIP: 19648FMB7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10015927.00  | 0.99%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORPORATION                          | ARLINGTON TX HGR EDU FIN CORP ARLEDU 08/49 FIXED OID 4.125    | CUSIP: 041807LQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4744404.00   | 0.47%             | 2049-08-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA HOUSING DEVELOPMENT AUTHORITY                              | SOUTH DAKOTA ST HSG DEV AUTH SDSHSG 11/45 FIXED OID 4.5       | CUSIP: 83756LBQ7<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2097875.43   | 0.21%             | 2045-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                             | ILLINOIS ST ILS 05/37 FIXED OID 4.625                         | CUSIP: 452152Y21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   6175000 | PA      | $6274722.55   | 0.62%             | 2037-05-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                              | MICHIGAN ST FIN AUTH REVENUE MISFIN 02/50 FIXED 4             | CUSIP: 59447TVE0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $6574928.25   | 0.65%             | 2050-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA ST PUBLIC FACS AUTHL LASFAC 07/45 FIXED 5           | CUSIP: 54639TDR0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    375000 | PA      | $392757.98    | 0.04%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DISTRICT                  | DOWNTOWN REVITALIZATION PUBLIC DTRFAC 06/43 FIXED 5.25        | CUSIP: 26118TAT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2500054.00   | 0.25%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MIDA MOUNTAIN VILLAGE PUBLIC INFRASTRUCTURE DISTRICT                    | MIDA MOUNTAIN VLG PUBLIC INFRA MMVDEV 08/31 FIXED 4           | CUSIP: 59561TAP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $904140.72    | 0.09%             | 2031-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTHORITY                                                  | M S R CA ENERGY AUTH GAS REVEN MSRPWR 11/29 FIXED OID 6.125   | CUSIP: 55374SAG5<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1387297.60   | 0.14%             | 2029-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION                                          | MET PIER EXPOSITION AUTH IL MPNFAC 06/37 ZEROCPNOID 0         | CUSIP: 592250EL4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $643954.30    | 0.06%             | 2037-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| HARVEST CROSSING METROPOLITAN DISTRICT NO 4                             | HARVEST CROSSING MET DIST 12/52 7.25                          | CUSIP: 41753TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6009580.80   | 0.59%             | 2052-12-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE5057 FR 01/40 FIXED 3.85                  | CUSIP: 3132YATN8<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  11300000 | PA      | $10658797.89  | 1.05%             | 2040-01-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                             | WASHINGTON ST HSG FIN COMMISSI WASHSG 07/38 FIXED 5           | CUSIP: 939783WQ5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    825000 | PA      | $687355.93    | 0.07%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA PUB FACS AUTH REVENU LASFAC 05/46 FIXED 5           | CUSIP: 546399CP9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5017681.00   | 0.49%             | 2046-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                  | ARKANSAS ST DEV FIN AUTH TOBAC ARSDEV 07/36 ZEROCPNOID 0      | CUSIP: 04109HBF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $3603780.40   | 0.35%             | 2036-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SARASOTA COUNTY PUBLIC HOSPITAL DISTRICT                                | SARASOTA CNTY FL PUBLIC HOSP D SARMED 07/41 FIXED 5           | CUSIP: 803301DJ6<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10235408.00  | 1.01%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                     | AFFORDABLE HSG OPPORTUNITIES T TENGEN 07/37 ADJUST OID VAR    | CUSIP: 00826SAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21420000 | PA      | $19799617.70  | 1.95%             | 2037-07-01      | Variable      | 3.46%                 | No            |                  2 | On Loan: No      |
| INDIANA HOUSING FINANCE AUTHOR                                          | INDIANA ST HSG   CMNTY DEV AUT INSMFH 07/56 ADJUSTABLE VAR    | CUSIP: 45506CAP2<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   2080000 | PA      | $1992826.78   | 0.20%             | 2056-07-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TRUST FD TOBACCO SETTLMNT                                     | THE CHILDRENS TRUST FUND PR TO CHIGEN 05/57 ZEROCPNOID 0      | CUSIP: 16876QBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  35000000 | PA      | $1052394.00   | 0.10%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON & MULTNOMAH COUNTIES SCHOOL DISTRICT NO 48J BEAVERTON        | WASHINGTON CNTY OR SCH DIST  4 WASSCD 06/48 ZEROCPNOID 0      | CUSIP: 938429Y35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $3397604.00   | 0.33%             | 2048-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BUCKEYE TOBACCO SETTLEMENT FINANCING AUTHORITY                          | BUCKEYE OH TOBACCO SETTLEMENT BUCGEN 06/55 FIXED 5            | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13700000 | PA      | $11107066.76  | 1.09%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA ST PUBLIC FACS AUTHL LASFAC 07/44 FIXED 5           | CUSIP: 54639TDQ2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    750000 | PA      | $790822.88    | 0.08%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 02/41 ADJUSTABLE VAR    | CUSIP: 63607WBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3697484 | PA      | $3878162.37   | 0.38%             | 2041-02-20      | Variable      | 4.79%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                  | ARKANSAS DEV FIN AUTH ENVIRONM ARSDEV 09/52 FIXED 5.45        | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350352.73    | 0.03%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| TEXAS PRIVATE ACTIVITY SURFACE TRANSPORTATION CORP                      | TEXAS ST PRIV ACTIVITY BOND SU TXSTRN 06/58 FIXED 5           | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8792465.40   | 0.87%             | 2058-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BELLWOOD SENIOR HOUSING - IMPACT FUND LIHTC PORTFOLIO                   | BELLWOOD SENIOR HOUSING FIXED TERM LOAN                       | CUSIP: BA000DPQ4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2845072 | PA      | $2594989.89   | 0.26%             | 2040-10-01      | Fixed         | 4.28%                 | Yes           |                  3 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                  | OHIO ST AIR QUALITY DEV AUTH OHSDEV 09/29 FIXED 3.25          | CUSIP: 677525WB9<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3440879.93   | 0.34%             | 2029-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| EP TUSCANY ZARAGOSA PFC                                                 | EP TUSCANY ZARAGOSA PFC TX EPTMFH 12/33 FIXED OID 4           | CUSIP: 29414WAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15205000 | PA      | $15243118.94  | 1.50%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                    | NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/45 FIXED 4           | CUSIP: 64985TAQ4<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $3860108.59   | 0.38%             | 2045-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP HSG DEV                                       | MARYLAND ST ECON DEV CORP STUD MDSDEV 07/50 FIXED 4.25        | CUSIP: 57420VRN5<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1249849.86   | 0.12%             | 2050-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 01/41 ADJUST OID VAR    | CUSIP: 63607WBD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2583041 | PA      | $2562115.68   | 0.25%             | 2041-01-20      | Variable      | 4.17%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/38 FIXED 5               | CUSIP: 74442PJ97<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    600000 | PA      | $643824.66    | 0.06%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE | NEW YORK CITY NY TRANSITIONAL NYCGEN 11/45 FIXED 5.5          | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9250000 | PA      | $9935860.68   | 0.98%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BARBERS HILL INDEPENDENT SCHOOL DISTRICT                                | BARBERS HILL TX INDEP SCH DIST BARSCD 02/54 FIXED OID 4.25    | CUSIP: 067167D94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6300000 | PA      | $6120329.67   | 0.60%             | 2054-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MISSOURI STATE HEALTH AND EDUCATION                                     | MISSOURI ST HLTH   EDUCTNL FAC MOSMED 11/48 FIXED 4           | CUSIP: 60637AMW9<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2763915.30   | 0.27%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SAN ANTONIO TX ELECTRIC & GAS SYSTEMS REVENUE                   | SAN ANTONIO TX ELEC   GAS REVE SANUTL 02/49 FIXED 5.25        | CUSIP: 79625GKN2<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10643356.00  | 1.05%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)           | SOUTH CAROLINA ST PUBLIC SVC A SCSUTL 12/48 FIXED 5           | CUSIP: 8371516Q7<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3630767.00   | 0.36%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL ED FACS FIN NHPFAC 11/55 FIXED 5            | CUSIP: 64542UHB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2384961.81   | 0.23%             | 2055-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                 | MUNI ELEC AUTH OF GA MELPWR 07/52 FIXED 5                     | CUSIP: 62620HEL2<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020249.80   | 0.20%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS REGIONAL AIRPORT AUTHORITY                                     | COLUMBUS OH REGL ARPT AUTH REV COLAPT 01/36 FIXED 5           | CUSIP: 199546CS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1112515.00   | 0.11%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SEATTLE WA MUNICIPAL LIGHT & POWER REVENUE                      | SEATTLE WA MUNI LIGHT   PWR RE SEAPWR 01/46 FIXED 4           | CUSIP: 812643RZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3822808.40   | 0.38%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                              | MICHIGAN ST FIN AUTH REVENUE MISFIN 12/46 FIXED 5             | CUSIP: 59447TV75<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   9700000 | PA      | $9763380.77   | 0.96%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE THRUWAY AUTHORITY                                        | NEW YORK ST THRUWAY AUTH PERSO NYSTRN 03/47 FIXED 4           | CUSIP: 650028XH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9375000 | PA      | $8768182.50   | 0.86%             | 2047-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO INTERNATIONAL CENTER METROPOLITAN DISTRICT NO 7                | COLORADO INTL CTR MET DIST NO CICDEV 12/51 INT APROID VAR     | CUSIP: 19650TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3945000 | PA      | $3271051.98   | 0.32%             | 2051-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HIGHER ED & HLTH                                     | MONTGOMERY CNTY PA HGR EDU   H MONHGR 05/40 FIXED 4           | CUSIP: 613603F87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1693546.05   | 0.17%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                | VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/34 FIXED OID 5       | CUSIP: 92810PAV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4447070.00   | 0.44%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEXAR COUNTY HOSPITAL DISTRICT                                          | BEXAR CNTY TX HOSP DIST BEXMED 02/43 FIXED 4                  | CUSIP: 088365GS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2367838.75   | 0.23%             | 2043-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND PARKWAY TRANSPORTATION CORPORATION                                | GRAND PARKWAY TRANSPRTN CORP T GPTTRN 10/49 FIXED 4           | CUSIP: 38611TCC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5580000 | PA      | $5115049.29   | 0.50%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/50 FIXED 5.25            | CUSIP: 74442PK95<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2534986.50   | 0.25%             | 2050-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                | FAIRHAVEN GLEN TAXABLE CONSTRUCT                              | CUSIP: BA00061Z5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7400000 | PA      | $7400000.00   | 0.73%             | 2027-11-01      | Floating      | 7.00%                 | No            |                  3 | On Loan: No      |
| PUERTO RICO GOVT                                                        | PUERTO RICO CMWLTH PRC 11/43 ADJUSTABLE VAR                   | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   5570917 | PA      | $3572350.49   | 0.35%             | 2043-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                | VIRGINIA ST SMALL BUSINESS FIN VASMED 12/49 FIXED 4           | CUSIP: 928105BZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11200000 | PA      | $9815738.24   | 0.97%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO PARK DISTRICT                                                   | CHICAGO IL PARK DIST CHIFAC 01/36 FIXED 4                     | CUSIP: 167615G56<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1314392.43   | 0.13%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                        | PUERTO RICO CMWLTH PRC 11/51 ADJUSTABLE VAR                   | CUSIP: 74514L4C8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |  10506249 | PA      | $6881593.19   | 0.68%             | 2051-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 09/44 FIXED 4.35         | CUSIP: 67756Q6T9<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2218793.60   | 0.22%             | 2044-09-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA PUB FACS AUTH REVENU LASFAC 05/42 FIXED 5           | CUSIP: 546399CN4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   7750000 | PA      | $7820849.73   | 0.77%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI STUDENT HSG PUBFIN 07/65 FIXED 5.25        | CUSIP: 74439YGX3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15281101.50  | 1.50%             | 2065-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MEDFORD ORE HOSP FACS AUTH REV                                          | MEDFORD OR HOSP FACS AUTH REVE MFDMED 08/39 FIXED 4           | CUSIP: 584283GY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3545000 | PA      | $3529519.69   | 0.35%             | 2039-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                      | NEW YORK ST DORM AUTH ST PERSO NYSHGR 02/47 FIXED 4           | CUSIP: 64990FWU4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     10000 | PA      | $10244.67     | 0.00%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML27                                       | FREDDIE MAC MULTIFAMILY FRETE 2024 ML27 BUS                   | CUSIP: 35833XAA4<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   2400000 | PA      | $1967864.76   | 0.19%             | 2042-01-25      | Variable      | 5.31%                 | No            |                  2 | On Loan: No      |
| COOK COUNTY SCHOOL DISTRICT NO 28                                       | COOK CNTY SCH DIST  28 IL COKSCD 12/50 FIXED OID 5            | CUSIP: 213381AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2585000 | PA      | $2632296.19   | 0.26%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/FL                    | CHARLOTTE CNTY FL INDL DEV AUT CHAUTL 10/51 FIXED 4           | CUSIP: 16080TAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4909726.20   | 0.48%             | 2051-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PARISH OF ST JAMES LA                                                   | SAINT JAMES PARISH LA REVENUE STJGEN 07/40 FIXED 6.35         | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2840250.14   | 0.28%             | 2040-07-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                     | CHICAGO IL O HARE INTERNATIONA CHITRN 01/47 FIXED 5           | CUSIP: 167593F72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000386.00   | 0.49%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                           | TEXAS WTR DEV BRD REVENUE TXSWTR 10/41 FIXED 4.25             | CUSIP: 88285AJX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9235000 | PA      | $9547093.13   | 0.94%             | 2041-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| CITY OF PHILADELPHIA PA AIRPORT REVENUE                                 | PHILADELPHIA PA ARPT REVENUE PHIAPT 07/47 FIXED 5             | CUSIP: 717817UM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9010026.00   | 0.89%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DISTRICT                                          | BLACK BELT ENERGY GAS DIST AL BBEUTL 10/35 FIXED 5            | CUSIP: 09182TGM3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10597050.00  | 1.04%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEDFORD ORE HOSP FACS AUTH REV                                          | MEDFORD OR HOSP FACS AUTH REVE MFDMED 08/50 FIXED 4           | CUSIP: 584283HD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1315724.55   | 0.13%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                 | FLORIDA ST DEV FIN CORP FLORIDA DEV FIN CORP                  | CUSIP: 340618DW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5295000 | PA      | $5213350.57   | 0.51%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FEDERAL HOME LOAN MORTGAGE CORP ENHANCED RECEIPT                        | FEDERAL HOME LOAN MORTGAGE COR FHL 11/35 FIXED 3.87           | CUSIP: 3137ERAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    143988 | PA      | $131449.17    | 0.01%             | 2035-11-15      | Fixed         | 3.87%                 | Yes           |                  2 | On Loan: No      |
| PUBLIC AUTHORITY FOR COLORADO ENERGY                                    | PUBLIC AUTH FOR COLORADO ST EN PUBUTL 11/38 FIXED OID 6.5     | CUSIP: 744387AD3<br>LEI: 549300C6IJKXQOMRAB11 | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2936905.53   | 0.29%             | 2038-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | CALIFORNIA HOUSNG FINANCE AGCY FIXED DELAYED DRAW TERM LOAN 1 | CUSIP: BA000RHP4<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   3480080 | PA      | $3478667.68   | 0.34%             | 2028-04-01      | Fixed         | 1.22%                 | No            |                  3 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                | ARIZONA ST INDL DEV AUTH ECON AZSDEV 07/50 FIXED OID 7.75     | CUSIP: 040523AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $112800.00    | 0.01%             | 2050-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                      | NEW YORK ST DORM AUTH ST PERSO NYSGEN 02/47 FIXED 4           | CUSIP: 64990KAZ6<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5122.33      | 0.00%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 09/51 FIXED 4               | CUSIP: 74442PTF2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2960000 | PA      | $2452874.15   | 0.24%             | 2051-09-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE INDUSTRIAL DEVELOPMENT BOARD OF THE CITY OF KINGSPORT TENNESSEE     | MAPLE OAKS FIXED TE CONSTRUCTION DDTL                         | CUSIP: BA000S8T4<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    988500 | PA      | $988500.00    | 0.10%             | 2027-06-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| PUERTO RICO GOVT                                                        | PUERTO RICO CMWLTH PRC 07/33 ZEROCPNOID 0                     | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   7250000 | PA      | $5254911.65   | 0.52%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL AVIATION REVENUE                                | MIAMI DADE CNTY FL AVIATION RE MIATRN 10/34 FIXED 5           | CUSIP: 59333P7L6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $673228.44    | 0.07%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                      | NEW YORK ST DORM AUTH ST PERSO NYSGEN 02/47 FIXED 4           | CUSIP: 64990KFM0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5965000 | PA      | $5450627.91   | 0.54%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                    | DIST OF COLUMBIA REVENUE DISREV 02/36 FIXED 5.5               | CUSIP: 25483VA46<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1875305.41   | 0.18%             | 2036-02-29      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| DOMINION WATER & SANITATION DISTRICT                                    | DOMINION WTR   SANTN DIST CO R DOMWTR 12/52 FIXED 5.875       | CUSIP: 25755AAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4723000 | PA      | $4828846.21   | 0.48%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                          | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/34 ZEROCPNOID 0       | CUSIP: 646136EX5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7200000 | PA      | $5394126.96   | 0.53%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 11/42 ADJUSTABLE VAR    | CUSIP: 63607WBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4285246 | PA      | $4185152.02   | 0.41%             | 2042-11-20      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                           | TEXAS WTR DEV BRD REVENUE TXSWTR 10/48 FIXED 4.875            | CUSIP: 88285ADS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3286753.92   | 0.32%             | 2048-10-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                               | INDIANA ST FIN AUTH EXEMPT FAC INSGEN 03/39 FIXED OID 7       | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   6115000 | PA      | $305750.00    | 0.03%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| EMPIRE STATE DEVELOPMENT CORPORATION                                    | NEW YORK ST URBAN DEV CORP SAL NYSFAC 03/47 FIXED 4           | CUSIP: 64985TCU3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  12250000 | PA      | $11454878.23  | 1.13%             | 2047-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TARRANT COUNTY CULTURAL EDUCATION FACILITIES FINANCE CORPORATION        | TARRANT CNTY TX CULTURAL EDU F TAREDU 11/47 FIXED 6.75        | CUSIP: 87638RJD0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2014119.20   | 0.20%             | 2047-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                    | COLORADO ST HLTH FACS AUTH REV COSMED 08/49 FIXED 4           | CUSIP: 19648FKT0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $6926148.80   | 0.68%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN CENTER DISTRICT                                               | WISCONSIN CENTER DIST WI TAX R WISGEN 12/45 ZEROCPNOID 0      | CUSIP: 976595FU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17355000 | PA      | $6797568.22   | 0.67%             | 2045-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PARISH OF ST JAMES LA                                                   | SAINT JAMES PARISH LA REVENUE STJGEN 10/40 FIXED 6.35         | CUSIP: 790103AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3059588.00   | 0.30%             | 2040-10-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| LENEXA KANS HEALTH CARE FAC REV                                         | LENEXA KS TAX INCR SPL OBLG LENGEN 04/27 FIXED 6              | CUSIP: 52605NBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    638855 | PA      | $57496.97     | 0.01%             | 2027-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL TRANSIT SYSTEM                                  | MIAMI DADE CNTY FL TRANSIT SAL MIATRN 07/46 FIXED OID 4       | CUSIP: 59334PGR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930107.10    | 0.09%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML26                                       | FREDDIE MAC MULTIFAMILY FRETE 2024 ML26 B                     | CUSIP: 35834CAB7<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   5200000 | PA      | $3496155.00   | 0.34%             | 2039-01-25      | Variable      | 3.16%                 | No            |                  2 | On Loan: No      |
| STATE OF MICHIGAN TRUNK LINE REVENUE                                    | MICHIGAN ST TRUNK LINE MISTRN 11/44 FIXED 4                   | CUSIP: 5946952Z0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4892754.00   | 0.48%             | 2044-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEVELOPMENT FINANCE CORPORATION                                 | FLORIDA DEV FIN CORP 08/55 4.5                                | CUSIP: 34061QCV7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5638758.60   | 0.55%             | 2055-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TAKE BACK & EXIT FACILITY FKA GMR/ALEON                                 | AM BIDCO OPERATIONS LLC PIK DELAYED DRAW TERM LOAN            | CUSIP: BA000R643<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   6030135 | PA      | $4979536.50   | 0.49%             | 2027-10-21      | Fixed         | 2.76%                 | Yes           |                  3 | On Loan: No      |
| SOUTH CAROLINA PUBLIC SERVICES AUTHORITY (AKA: SANTEE COOPER)           | SOUTH CAROLINA ST PUBLIC SVC A SCSUTL 12/50 FIXED 5.25        | CUSIP: 8371515T2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   6700000 | PA      | $7047585.95   | 0.69%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                             | CALIFORNIA HOUSING FNANCE AGCY TE CONS                        | CUSIP: BA000PMJ6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3867750 | PA      | $3865808.04   | 0.38%             | 2028-04-01      | Fixed         | 1.37%                 | No            |                  3 | On Loan: No      |
| MOBILE COUNTY INDUSTRIAL DEVEL                                          | MOBILE CNTY AL INDL DEV AUTH S MOBPOL 06/54 FIXED 5           | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4890000 | PA      | $4675591.10   | 0.46%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TAKE BACK & EXIT FACILITY FKA GMR/ALEON                                 | AM BIDCO HOLDINGS LLC (DRS)                                   | CUSIP: 958ADP902<br>LEI: N/A                  | Long             | EC               | CORP              | US        |       247 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| 5625 CASE                                                               | CALIFORNIA HOUSNG FINANCE AGCY FIXED DELAYED DRAW TERM LOAN   | CUSIP: BA000PYM6<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4506510 | PA      | $4505966.67   | 0.44%             | 2028-04-01      | Fixed         | 1.74%                 | No            |                  3 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | CALIFORNIA HOUSING FNANCE AGCY TE CONSTRUCTION                | CUSIP: BA000QZT8<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   3538063 | PA      | $3538564.67   | 0.35%             | 2028-04-01      | Fixed         | 1.22%                 | No            |                  3 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/48 FIXED OID 6.375       | CUSIP: 74442PJV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   9500000 | PA      | $4275000.00   | 0.42%             | 2048-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| FOLSOM CORDOVA UNIFIED SCHOOL DISTRICT                                  | FOLSOM CORDOVA CA UNIF SCH DIS FOLSCD 10/44 FIXED 4           | CUSIP: 34440PBY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1801386.93   | 0.18%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| THE INDUSTRIAL DEVELOPMENT BOARD OF THE CITY OF KINGSPORT TENNESSEE     | MAPLE OAKS FIXED TAX EXEMPT PERM DDTL                         | CUSIP: BA000S8S6<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   5858490 | PA      | $5858490.00   | 0.58%             | 2042-12-01      | Fixed         | 6.20%                 | No            |                  3 | On Loan: No      |
| FHLMC MULTIFAMILY VRD CERTIFICATES                                      | FEDERAL HOME LOAN MTGE CORP MF FEDMFH 11/42 ADJUSTABLE VAR    | CUSIP: 31350ADR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10448531 | PA      | $10260116.05  | 1.01%             | 2042-11-25      | Variable      | 4.53%                 | No            |                  2 | On Loan: No      |
| MISSOURI STATE HEALTH AND EDUCATION                                     | MISSOURI ST HLTH   EDUCTNL FAC MOSMED 02/39 FIXED 4           | CUSIP: 60637APU0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    600000 | PA      | $597804.60    | 0.06%             | 2039-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/MO                    | JEFFERSON CNTY MO INDL DEV AUT JFFMFH 02/43 FIXED 4.45        | CUSIP: 473157BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7738000 | PA      | $7718602.38   | 0.76%             | 2043-02-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                           | TEXAS WTR DEV BRD REVENUE TXSWTR 10/52 FIXED 4.8              | CUSIP: 88285ABJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3435742.50   | 0.34%             | 2052-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                 | MUNI ELEC AUTH OF GEORGIA MELPWR 01/37 FIXED 5                | CUSIP: 6262072N3<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    850000 | PA      | $874942.23    | 0.09%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                              | MICHIGAN ST FIN AUTH REVENUE MISFIN 02/47 FIXED 4             | CUSIP: 59447TVD2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3141755.40   | 0.31%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 06/56 FIXED 4.5             | CUSIP: 74442PSG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4605000 | PA      | $3223500.00   | 0.32%             | 2056-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                             | ILLINOIS ST ILS 09/42 FIXED 5                                 | CUSIP: 452153PC7<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3586886.78   | 0.35%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                             | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN           | CUSIP: BA000LSQ3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3500000 | PA      | $3500000.00   | 0.34%             | 2043-01-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| NEW YORK ENERGY FINANCE DEVELOPMENT CORPORATION                         | NEW YORK ENERGY FIN DEV CORP NYEFAC 07/56 ADJUSTABLE VAR      | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2969016.40   | 0.29%             | 2056-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WATER DEVELOPMENT BOARD                                           | TEXAS WTR DEV BRD REVENUE TXSWTR 10/47 FIXED 4.125            | CUSIP: 88285AFX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12250000 | PA      | $11810652.53  | 1.16%             | 2047-10-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                | INLIVIAN NC MF REVENUE INLMFH 02/43 FIXED 5.05                | CUSIP: 45753CAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2135316.20   | 0.21%             | 2043-02-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE & HALL COUNTY HOSPITAL AUTHORITY                            | GAINESVILLE   HALL CNTY GA HOS GAIMED 02/51 FIXED 4           | CUSIP: 362762QR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3396264.44   | 0.33%             | 2051-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/31 FIXED 5           | CUSIP: 888808HG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2299253.88   | 0.23%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST REGIONAL MANAGEMENT DISTRICT                                  | SOUTHEAST REGL MGMT DIST TX SERGEN 04/46 FIXED OID 4.25       | CUSIP: 841493CY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $944041.40    | 0.09%             | 2046-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| 3981 MEIER                                                              | 3981 MEIER 144A TE PERM                                       | CUSIP: BA000PMM9<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   2184570 | PA      | $2184570.00   | 0.22%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| NEW YORK TRANSPORTATION DEVELOPMENT CORPORATION                         | NEW YORK ST TRANSPRTN DEV CORP NYTTRN 06/54 FIXED 5           | CUSIP: 650116HN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1798111.44   | 0.18%             | 2054-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS REGIONAL AIRPORT AUTHORITY                                     | COLUMBUS OH REGL ARPT AUTH REV COLAPT 01/38 FIXED 5           | CUSIP: 199546CU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2406294.88   | 0.24%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VANCOUVER HOUSING AUTHORITY                                             | VANCOUVER WA HSG AUTH MF REVEN VANMFH 12/39 FIXED OID 4.125   | CUSIP: 92162PAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3142338.02   | 0.31%             | 2039-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| MISSOURI STATE HEALTH AND EDUCATION                                     | MISSOURI ST HLTH   EDUCTNL FAC MOSMED 02/37 FIXED 4           | CUSIP: 60637APS5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    510000 | PA      | $515745.00    | 0.05%             | 2037-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DALLAS AREA RAPID TRANSIT                                               | DALLAS TX AREA RAPID TRANSIT S DALTRN 12/51 FIXED 4           | CUSIP: 235241WS1<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4506630.00   | 0.44%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF PHILADELPHIA PA AIRPORT REVENUE                                 | PHILADELPHIA PA ARPT REVENUE PHIAPT 07/51 FIXED 5             | CUSIP: 717817XZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5039044.00   | 0.50%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT NEW ORLEANS BOARD OF COMMISSIONERS                                 | PORT NEW ORLEANS LA BRD OF COM PNODEV 04/47 FIXED 5           | CUSIP: 734782DU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4290000 | PA      | $4328564.10   | 0.43%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                  | ARKANSAS ST DEV FIN AUTH INDL ARSDEV 07/48 FIXED 12           | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5420108.00   | 0.53%             | 2048-07-01      | Variable      | 7.38%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS HOUSING FINANCE AGENCY                                    | MASSACHUSETTS ST HSG FIN AGY H MASHSG 06/43 FIXED 5.125       | CUSIP: 575930VL3<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    525000 | PA      | $525146.00    | 0.05%             | 2043-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| M-S-R ENERGY AUTHORITY                                                  | M S R CA ENERGY AUTH GAS REVEN MSRPWR 11/39 FIXED OID 6.5     | CUSIP: 55374SAF7<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4616644.13   | 0.45%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PFC                                        | BONNIE BRAE FIXED TERM LOAN                                   | CUSIP: BA000PLR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7800000 | PA      | $7910760.00   | 0.78%             | 2059-06-02      | Fixed         | 7.21%                 | No            |                  3 | On Loan: No      |
| OHIO HOUSING FINANCE AGENCY                                             | OHIO ST HSG FIN AGY RSDL MTGE OHSHSG 09/45 FIXED 4.55         | CUSIP: 67756UCG1<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |  10650000 | PA      | $10629574.37  | 1.05%             | 2045-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL DEV                                       | PHILADELPHIA PA AUTH FOR INDL PHIMFH 12/58 FIXED 5.5          | CUSIP: 717908AM9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3070024.50   | 0.30%             | 2058-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                          | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 12/36 FIXED 5            | CUSIP: 6461364H1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1574517.15   | 0.15%             | 2036-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DISTRICT                  | DOWNTOWN REVITALIZATION PUBLIC DTRFAC 06/41 FIXED 5.25        | CUSIP: 26118TAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1945948.20   | 0.19%             | 2041-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE BUSINESS FINANCE AUTHORITY                                | NATIONAL FIN AUTH NH MUNI CTFS NFADEV 07/36 FIXED OID 4.837   | CUSIP: 63607WAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10632663 | PA      | $10764581.01  | 1.06%             | 2036-07-20      | Fixed         | 4.84%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                 | MUNI ELEC AUTH OF GEORGIA MELPWR 01/38 FIXED 5                | CUSIP: 6262072P8<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540632.75   | 0.15%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ANGELINA & NECHES RIVER AUTHORITY                                       | ANGELINA NECHES RIVER AUTH I ANGDEV 12/45 FIXED 7.5           | CUSIP: 03469KAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2585000 | PA      | $32596.85     | 0.00%             | 2045-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| CITY OF HOUSTON TX COMBINED UTILITY SYSTEM REVENUE                      | HOUSTON TX UTILITY SYS REVENUE HOUUTL 11/49 FIXED 4           | CUSIP: 44244CB22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3175321.85   | 0.31%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | 3412 VICTORIA FIXED DELAYED DRAW TERM LOAN                    | CUSIP: BA000RHM1<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   1848100 | PA      | $1848100.00   | 0.18%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                     | CHICAGO IL O HARE INTERNATIONA CHITRN 01/39 FIXED 4           | CUSIP: 167593V58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3037158.60   | 0.30%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/41 FIXED 4            | CUSIP: 64971XLJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1102089.47   | 0.11%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | 8911 RAMSGATE FIXED TE PERM 144A DDTL                         | CUSIP: BA000Q611<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   2761595 | PA      | $2761595.00   | 0.27%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL TRANSIT SYSTEM                                  | MIAMI DADE CNTY FL TRANSIT SAL MIATRN 07/44 FIXED 4           | CUSIP: 59334PGP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $955728.40    | 0.09%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MILITARY INSTALLATION DEVELOPMENT AUTHORITY                             | MILITARY INSTALLATION DEV AUTH MILDEV 06/36 FIXED 4           | CUSIP: 599772AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $979684.70    | 0.10%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                               | INDIANA ST FIN AUTH HLTH SYS R INSMED 10/57 ADJUSTABLE VAR    | CUSIP: 45470YGG0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   9500000 | PA      | $10770435.00  | 1.06%             | 2057-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HOUSING FIN AGY MTG REV                                       | TOURO SHAKESPEARE FIXED TE PERM DDTL                          | CUSIP: BA000SS05<br>LEI: 549300VL35TBE7RSJH61 | Long             | ABS-MBS          | CORP              | US        |    735000 | PA      | $735000.00    | 0.07%             | 2044-01-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL ED FACS FIN NHPFAC 11/40 FIXED 5            | CUSIP: 64542UHA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2111863.20   | 0.21%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HURST-EULESS-BEDFORD INDEPENDENT SCHOOL DISTRICT                        | HURST EULESS BEDFORD TX INDEP HURSCD 08/50 FIXED OID 4        | CUSIP: 447819KL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8426834.10   | 0.83%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                  | PUERTO RICO SALES TAX FING COR PRCGEN 07/51 ZEROCPNOID 0      | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  76900000 | PA      | $19336128.19  | 1.90%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | CALIFORNIA HOUSING FNANCE AGCY TE CONSTRUCTION 144A           | CUSIP: BA000QPK8<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   4372882 | PA      | $4372448.39   | 0.43%             | 2028-04-01      | Fixed         | 1.43%                 | No            |                  3 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                          | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/43 FIXED 5.25         | CUSIP: 6461364X6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5159692.50   | 0.51%             | 2043-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ONONDAGA COUNTY TRUST FOR CULTURAL RESOURCES                            | ONONDAGA CNTY NY TRUST CULTURA ONOGEN 12/47 FIXED 4           | CUSIP: 68276FDR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3053318.98   | 0.30%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                         | BALDWIN CNTY AL INDL DEV AUTH BLWPOL 06/55 ADJUSTABLE VAR     | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3876318.44   | 0.38%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                  | OHIO ST AIR QUALITY DEV AUTH E OHSDEV 07/49 FIXED 5           | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4507616.50   | 0.44%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF LOUISIANA GASOLINE & FUELS TAX REVENUE                         | LOUISIANA ST GAS   FUELS TAX R LASGEN 05/45 FIXED 4           | CUSIP: 546475SN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14555773.50  | 1.43%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA HOUSING DEVELOPMENT AUTHORITY                                  | VIRGINIA ST HSG DEV AUTH VASHSG 10/48 FIXED 5.125             | CUSIP: 92812WLN2<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2274995.44   | 0.22%             | 2048-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP HSG DEV                                       | MARYLAND ST ECON DEV CORP STUD MDSDEV 07/40 FIXED 4           | CUSIP: 57420VRK1<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $958786.70    | 0.09%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LA VEGA INDEPENDENT SCHOOL DISTRICT                                     | LA VEGA TX INDEP SCH DIST LGASCD 02/49 OID 4                  | CUSIP: 505156QY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20940000 | PA      | $19789522.90  | 1.95%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN STATE TOBACCO SECURITIZATION                                     | GOLDEN ST TOBACCO SECURITIZATI GLDGEN 06/66 ZEROCPNOID 0      | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12500000 | PA      | $1225423.75   | 0.12%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                              | MICHIGAN ST FIN AUTH LTD OBLIG MISFIN 09/30 FIXED 4.3         | CUSIP: 594479FR3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    100000 | PA      | $95207.92     | 0.01%             | 2030-09-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                | LIBERTY DEV CORP NY REVENUE LBTDEV 10/35 FIXED 5.25           | CUSIP: 531127AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21505000 | PA      | $25163981.13  | 2.48%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION                                          | MET PIER EXPOSITION AUTH IL MPNFAC 06/36 ZEROCPNOID 0         | CUSIP: 592250EJ9<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $679306.70    | 0.07%             | 2036-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY TRANSPORTATION TRUST FUND AUTHORITY                          | NEW JERSEY ST TRANSPRTN TRUST NJSTRN 06/50 FIXED 5.25         | CUSIP: 64613CEH7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5243866.50   | 0.52%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 01/61 ZEROCPNOID 0          | CUSIP: 74442PRQ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  32310000 | PA      | $2804863.41   | 0.28%             | 2061-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ANGELINA & NECHES RIVER AUTHORITY                                       | ANGELINA NECHES RIVER AUTH I ANGDEV 12/45 FIXED 12            | CUSIP: 03469KAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $54853.50     | 0.01%             | 2045-12-01      | Fixed         | 12.00%                | No            |                  2 | On Loan: No      |
| PUERTO RICO GOVT                                                        | PUERTO RICO CMWLTH PRC 07/41 FIXED 4                          | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6900000 | PA      | $6386889.09   | 0.63%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SOUTH MIAMI HEALTH FACILITIES AUTHORITY INC                     | S MIAMI FL HLTH FACS AUTH SMIMED 08/47 FIXED 4                | CUSIP: 838810EF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3358294.50   | 0.33%             | 2047-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO MUNICIPAL FACILITIES CORP                                   | SAN ANTONIO TX MUNI FACS CORP SANFAC 08/48 FIXED 4            | CUSIP: 796312DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5300000 | PA      | $5020588.24   | 0.49%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA ST PUBLIC FACS AUTHL LASFAC 07/41 FIXED 5           | CUSIP: 54639TDM1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1199369.60   | 0.12%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSPORTATION AUTHORITY                                   | MET TRANSPRTN AUTH NY REVENUE MTATRN 11/55 FIXED 5.25         | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2041547.00   | 0.20%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FAYETTE COUNTY HOSPITAL AUTHORITY/GA                                    | FAYETTE CNTY GA HOSP AUTH REVE FAYMED 07/46 FIXED 5           | CUSIP: 31222TAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10025411.00  | 0.99%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                    | COLORADO ST HLTH FACS AUTH REV COSMED 08/44 FIXED 5           | CUSIP: 19648FKS2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   6015000 | PA      | $6104889.36   | 0.60%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY/PA                   | MONTGOMERY CNTY PA INDL DEV AU MONDEV 10/34 ADJUSTABLE VAR    | CUSIP: 61361TAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3097679.10   | 0.30%             | 2034-10-01      | Variable      | 4.45%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/47 FIXED 5            | CUSIP: 64972JMG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3638001.85   | 0.36%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                 | MUNI ELEC AUTH OF GEORGIA MELPWR 01/49 FIXED 5                | CUSIP: 626207X25<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000772.40   | 0.20%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROWFOOT VALLEY RANCH METROPOLITAN DISTRICT NO 2                        | CROWFOOT VLY RANCH MET DIST  2 CVRDEV 12/49 FIXED OID 4.25    | CUSIP: 22802CAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1860277.60   | 0.18%             | 2049-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEVELOPMENT AUTHORITY                               | NEW JERSEY ST ECON DEV AUTH EC NJSDEV 04/31 FIXED OID 5.75    | CUSIP: 64577HMH1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2064499.86   | 0.20%             | 2031-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| CENTRAL FLORIDA EXPRESSWAY AUTHORITY                                    | CENTRL FL EXPRESSWAY AUTH SR L ORLTRN 07/41 FIXED 4           | CUSIP: 153476DC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6240000 | PA      | $6204373.97   | 0.61%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI STATE HEALTH AND EDUCATION                                     | MISSOURI ST HLTH   EDUCTNL FAC MOSMED 12/48 FIXED 5.5         | CUSIP: 60637AWK4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5434127.01   | 0.53%             | 2048-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                             | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN 1         | CUSIP: BA000LT25<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    994895 | PA      | $994895.00    | 0.10%             | 2043-01-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| SALT LAKE CNTY UTAH HOSP REV                                            | SALT LAKE CNTY UT HOSP REVENUE SLKMED 02/33 FIXED OID 5.125   | CUSIP: 795677AG8<br>LEI: 5493006VYRFL1AI6GT29 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7076308.40   | 0.70%             | 2033-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CITY OF INDIANAPOLIS IN                                                 | INDIANAPOLIS IN MF HSG REVENUE INPMFH 07/56 ADJUSTABLE VAR    | CUSIP: 45528TBF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2080000 | PA      | $1999780.64   | 0.20%             | 2056-07-01      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER AUTHORITY EMPLOYEES UNITED C                       | LOWER COLORADO RIVER TX AUTH R LWCGEN 05/41 FIXED 5           | CUSIP: 54811GR93<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5392266.50   | 0.53%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON HIGHER EDUCATION FINAN                                          | CLIFTON TX HGR EDU FIN CORP ED CLIEDU 02/42 FIXED OID 4.375   | CUSIP: 187145VL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2238282.20   | 0.22%             | 2042-02-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| THE INDUSTRIAL DEVELOPMENT BOARD OF THE CITY OF KINGSPORT TENNESSEE     | MAPLE OAKS FIXED T CONSTRUCTION DDTL                          | CUSIP: BA000S8X5<br>LEI: N/A                  | Long             | LON              | CORP              | US        |   2181470 | PA      | $2181470.00   | 0.21%             | 2027-06-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE6084 FR 02/40 FIXED 4.9                   | CUSIP: 3132YBXM3<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |   1971371 | PA      | $2058416.70   | 0.20%             | 2040-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TURNPIKE AUTHORITY                                       | NORTH CAROLINA ST TURNPIKE AUT 01/58 5                        | CUSIP: 65830RDA4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6643159.90   | 0.65%             | 2058-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/35 FIXED 5               | CUSIP: 74442PJ63<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $546780.00    | 0.05%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF FORT WORTH TX WATER & SEWER SYSTEM REVENUE                      | FORT WORTH TX WTR   SWR REVENU FTWUTL 02/49 FIXED 5           | CUSIP: 3495155X0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4180717.20   | 0.41%             | 2049-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNICIPAL ELECTRIC AUTHORITY OF GEORGIA                                 | MUNI ELEC AUTH OF GEORGIA MELPWR 07/60 FIXED 5                | CUSIP: 626207H23<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |  14680000 | PA      | $14497228.13  | 1.43%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                | NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/44 FIXED 5           | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9250000 | PA      | $9248016.80   | 0.91%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                  | PUERTO RICO SALES TAX FING COR PRCGEN 07/58 FIXED 4.784       | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  14660000 | PA      | $13710509.92  | 1.35%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY 2024-ML25                                       | FREDDIE MAC MULTIFAMILY FRETE 2024 ML25 BCA                   | CUSIP: 30339BAB0<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |   2600000 | PA      | $1752897.25   | 0.17%             | 2043-01-25      | Variable      | 3.43%                 | No            |                  2 | On Loan: No      |
| IOWA FINANCE AUTHORITY                                                  | IOWA ST FIN AUTH REVENUE IASGEN 01/42 FIXED OID 8             | CUSIP: 46247SCZ5<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3183197.88   | 0.31%             | 2042-01-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | CALIFORNIA HOUSNG FINANCE AGCY FIXED TE CONSTN 144A DDTL      | CUSIP: BA000Q637<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   4900000 | PA      | $4899559.83   | 0.48%             | 2028-04-01      | Fixed         | 1.73%                 | No            |                  3 | On Loan: No      |
| MONONGALIA COUNTY COMMISSION EXCISE TAX DISTRICT                        | MONONGALIA CNTY WV COMMISSION MNGDEV 06/37 FIXED OID 5.5      | CUSIP: 61022CAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4054602.00   | 0.40%             | 2037-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| INLIVIAN                                                                | FAIRHAVEN GLEN FIXED TAX EXEMPT CONSTRUCTIONB                 | CUSIP: BA00061T9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.05%             | 2041-12-12      | Fixed         | 9.71%                 | No            |                  3 | On Loan: No      |
| MISSISSIPPI DEVELOPMENT BANK                                            | MISSISSIPPI DEV BK SPL OBLIG MSSDEV 06/50 FIXED OID 5         | CUSIP: 60534XT55<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3885081.00   | 0.38%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ECONOMIC DEVELOPMENT FINANCE AUTHORITY                         | KENTUCKY ST ECON DEV FIN AUTH KYSDEV 08/49 FIXED 5            | CUSIP: 49126PGX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1227777.74   | 0.12%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC                                             | MAIN STREET NATURAL GAS INC GA MAIUTL 05/55 ADJUSTABLE VAR    | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5336639.00   | 0.53%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                | NEW YORK ST LIBERTY DEV CORP L NYCDEV 11/46 FIXED 2.875       | CUSIP: 649519DV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7160000 | PA      | $5212533.70   | 0.51%             | 2046-11-15      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE HIGHER ED & HEALTH                                        | NEW HAMPSHIRE ST HLTH   EDU FA NHSMED 08/55 FIXED OID 5       | CUSIP: 64461XMG7<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5074873.50   | 0.50%             | 2055-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EAST MONTGOMERY COUNTY IMPROVEMENT DISTRICT SALES TAX REVENUE           | E MONTGOMERY CNTY TX IMPT DIST EMYGEN 08/44 FIXED OID 4       | CUSIP: 273735DV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1519486.24   | 0.15%             | 2044-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BALDWIN COUNTY INDUSTRIAL DEVELOPMENT AUTHORITY                         | BALDWIN CNTY AL INDL DEV AUTH BLWPOL 06/55 ADJUSTABLE VAR     | CUSIP: 05786PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1105448.08   | 0.11%             | 2055-06-01      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK                         | INDIANAPOLIS IN LOCAL PUBLIC I 03/53 6                        | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4693979.70   | 0.46%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN STATE HOUSING DEVELOPMENT AUTHORITY                            | MICHIGAN ST HSG DEV AUTH RENTA MISHSG 10/45 FIXED 4.35        | CUSIP: 59465MQ65<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   3840000 | PA      | $3839931.26   | 0.38%             | 2045-10-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5           | CUSIP: 888808HQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6315000 | PA      | $6224890.63   | 0.61%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON ESSENTIAL INVESTMENTS PUBLIC FACILITY CORP                       | DENTON ESSENTIAL INVESTMENTS P 01/59 6.697                    | CUSIP: 24881CAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5200000.00   | 0.51%             | 2059-01-01      | Fixed         | 6.70%                 | No            |                  3 | On Loan: No      |
| LAMAR CONSOLIDATED INDEPENDENT SCHOOL DISTRICT                          | LAMAR TX CONSOL INDEP SCH DIST LAMSCD 02/48 FIXED OID 4       | CUSIP: 513174H88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4646163.50   | 0.46%             | 2048-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IRONDALE PUBLIC BUILDING AUTHORITY                                      | IRONDALE AL PUBLIC BLDG AUTH L IRONDALE PUB BLDG              | CUSIP: 463034AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6215000 | PA      | $5676529.91   | 0.56%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEVELOPMENT FINANCE AUTHORITY                                  | ARKANSAS ST DEV FIN AUTH INDL ARSDEV 09/49 FIXED 4.5          | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $777813.52    | 0.08%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SALT VERDE FINANCIAL CORPORATION                                        | SALT VERDE AZ FINANCIAL CORP S SLTPWR 12/37 FIXED OID 5       | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |  34000000 | PA      | $36919148.20  | 3.63%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN WASHINGTON AIRPORTS AUTHORITY AVIATION REVENUE             | MET WASHINGTON DC ARPTS AUTH A 10/40 5                        | CUSIP: 592647MY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1873048.45   | 0.18%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE THRUWAY AUTHORITY                                        | NEW YORK ST THRUWAY AUTH GEN R NYSTRN 01/39 FIXED 4           | CUSIP: 650010CB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8150000 | PA      | $8196684.83   | 0.81%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK LIBERTY DEVELOPMENT CORPORATION                                | LIBERTY DEV CORP NY REVENUE LBTDEV 10/37 FIXED 5.5            | CUSIP: 531127CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $5632215.39   | 0.55%             | 2037-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SALT VERDE FINANCIAL CORPORATION                                        | SALT VERDE AZ FINANCIAL CORP S SLTPWR 12/32 FIXED OID 5       | CUSIP: 79575EAR9<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   4930000 | PA      | $5370943.14   | 0.53%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH TEXAS TOLLWAY AUTHORITY                                           | N TX TOLLWAY AUTH REVENUE NRTTRN 01/43 FIXED 4                | CUSIP: 66285WWC6<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2908793.40   | 0.29%             | 2043-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP RHODE ISLAN                                | TOBACCO SETTLEMENT FING CORP R TOBGEN 06/50 FIXED 5           | CUSIP: 888809BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9450000 | PA      | $9370607.72   | 0.92%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF DONA ANA NM                                                   | PEDRENA FIXED DELAYED DRAW TERM LOAN                          | CUSIP: BA000TTD4<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |  14335000 | PA      | $14337333.74  | 1.41%             | 2026-09-30      | Fixed         | 7.50%                 | No            |                  3 | On Loan: No      |
| CROWFOOT VALLEY RANCH METROPOLITAN DISTRICT NO 2                        | CROWFOOT VLY RANCH MET DIST  2 CVRDEV 12/54 FIXED OID 4.375   | CUSIP: 22802CAW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1860134.60   | 0.18%             | 2054-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                              | ILLINOIS ST FIN AUTH REVENUE ILSGEN 11/35 FIXED 5             | CUSIP: 45204E6D5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4010000 | PA      | $2776925.00   | 0.27%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF UTAH UT                                                       | UTAH CNTY UT HOSP REVENUE UTSMED 05/47 FIXED 4                | CUSIP: 917393BN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2238024.25   | 0.22%             | 2047-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COMMUNITY CHOICE FINANCING AUTHORITY                         | CALIFORNIA CMNTY CHOICE FING A CCEDEV 10/55 ADJUSTABLE VAR    | CUSIP: 13013JGR1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2697778.72   | 0.27%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF KISSIMMEE FL                                                    | KISSIMMEE FL CAPITAL IMPT REVE KISGEN 10/49 FIXED OID 4       | CUSIP: 497813CM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $1997582.66   | 0.20%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 11/37 FIXED 5               | CUSIP: 74442PJ89<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $540915.15    | 0.05%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BATTERY PARK CITY AUTHORITY                                             | BATTERY PARK CITY NY AUTH BTYGEN 11/50 FIXED 5                | CUSIP: 07133AKP6<br>LEI: 549300RF3SFDOWRHVM56 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6306301.20   | 0.62%             | 2050-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE DORMITORY AUTHORITY                                      | NEW YORK ST DORM AUTH ST PERSO NYSGEN 02/47 FIXED 4           | CUSIP: 64990KFL2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |     20000 | PA      | $20489.33     | 0.00%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA COUNTY SCHOOL DISTRICT NO 83-CARTWRIGHT ELEMENTARY             | MARICOPA CNTY AZ SCH DIST  83 MAREDU 10/44 FIXED 4            | CUSIP: 567410BF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16320000 | PA      | $14015895.07  | 1.38%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK STATE THRUWAY AUTHORITY                                        | NEW YORK ST THRUWAY AUTH PERSO NYSTRN 03/40 FIXED 4           | CUSIP: 650028XA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506266.55   | 0.15%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FINANCE AUTHORITY                                              | ILLINOIS ST FIN AUTH REVENUE ILSGEN 02/37 FIXED OID 5         | CUSIP: 45204EA65<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3683047 | PA      | $110491.41    | 0.01%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT STATE HEALTH & EDUCATIONAL FACILITIES AUTHORITY             | CONNECTICUT ST HLTH   EDUCTNL CTSHGR 07/47 FIXED 5            | CUSIP: 20775DTQ5<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5680000 | PA      | $5875264.20   | 0.58%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALHOUN COUNTY NAVIGATION INDUSTRIAL DEVELOPMENT AUTHORITY              | CALHOUN CNTY TX NAVIGATION IND CLHDEV 07/26 FIXED 3.625       | CUSIP: 129729AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3850000 | PA      | $3774523.83   | 0.37%             | 2026-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| MISSOURI DEVELOPMENT FINANCE BOARD                                      | MISSOURI ST DEV FIN BRD MOSDEV 05/55 FIXED OID 5.25           | CUSIP: 60636VDD6<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4114561.60   | 0.40%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE SEAPORT DEPARTMENT                                 | MIAMI DADE CNTY FL SEAPORT REV MDCTRN 10/47 FIXED 5           | CUSIP: 59335KFA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7303502.83   | 0.72%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION                                          | MET PIER EXPOSITION AUTH IL MPNFAC 12/36 ZEROCPNOID 0         | CUSIP: 592250EK6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1159614.93   | 0.11%             | 2036-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY                   | PENNSYLVANIA ST ECON DEV FING PASDEV 12/62 FIXED 5.75         | CUSIP: 70868YAZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13587571.40  | 1.34%             | 2062-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| OHIO AIR QUALITY DEVELOPMENT AUTHORITY                                  | OHIO ST AIR QUALITY DEV AUTH OHSDEV 11/40 ADJUSTABLE VAR      | CUSIP: 677525WS2<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7108686.20   | 0.70%             | 2040-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| WASHINGTON HEALTH CARE FACILITIES AUTHORITY                             | WASHINGTON ST HLTH CARE FACS A WASMED 09/45 FIXED 5           | CUSIP: 93978HXH3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2301038.55   | 0.23%             | 2045-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BABCOCK RANCH COMMUNITY INDEPENDENT SPECIAL DISTRICT                    | BABCOCK RANCH CMNTY INDEP SPL BARGEN 05/42 FIXED 5            | CUSIP: 05616KBR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1249576.68   | 0.12%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                             | ILLINOIS ST ILS 05/48 FIXED 5.25                              | CUSIP: 452153KF5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3872975.25   | 0.38%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TEXAS MUNICIPAL GAS ACQUISITION AND SUPPLY CORPORATION I                | TEXAS ST MUNI GAS ACQUISITION TXSUTL 12/26 FIXED OID 6.25     | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |   5510000 | PA      | $5684239.42   | 0.56%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                               | INDIANA ST FIN AUTH HLTH FAC R INSMED 03/49 FIXED OID 4.25    | CUSIP: 45471CDP0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4642638.50   | 0.46%             | 2049-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| GEISINGER AUTH PA HEALTH SYSTEM                                         | GEISINGER PA AUTH HLTH SYS REV GEIMED 02/47 FIXED 4           | CUSIP: 368497HQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16310000 | PA      | $14523404.23  | 1.43%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE HOUSING AUTHORITY                                             | LAUREL WOOD APARTMENTS FIXED DELAYED DRAW TERM LOAN 2         | CUSIP: BA000LT17<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   4900000 | PA      | $4922527.11   | 0.48%             | 2043-01-01      | Fixed         | 5.16%                 | No            |                  3 | On Loan: No      |
| WEST HARRIS COUNTY REGIONAL WATER AUTHORITY                             | W HARRIS CNTY TX REGL WTR AUTH WHRWTR 12/60 FIXED 4           | CUSIP: 95308RXB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5110000 | PA      | $4559173.68   | 0.45%             | 2060-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VALDOSTA & LOWNDES COUNTY HOSPITAL AUTHORITY                            | VALDOSTA LOWNDES CNTY GA HOS VALMED 10/49 FIXED OID 4.125     | CUSIP: 919112GJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2886187.80   | 0.28%             | 2049-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| VIRGINIA SMALL BUSINESS FING AUTH HOSP R                                | VIRGINIA ST SMALL BUSINESS FIN VASHGR 07/61 ZEROCPNOID 0      | CUSIP: 92810PAY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  99000000 | PA      | $2810372.40   | 0.28%             | 2061-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIGHER EDUCATION FINANCE CORPORATION                          | ARLINGTON TX HGR EDU FIN CORP ARLEDU 06/45 FIXED OID 5.625    | CUSIP: 041807PU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038190.60   | 0.20%             | 2045-06-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS STATE                                                     | MASSACHUSETTS ST MAS 05/40 FIXED 4                            | CUSIP: 57582RSK3<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003125.40   | 0.20%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF MIAMI-DADE FL WATER & SEWER SYSTEM REVENUE                    | MIAMI DADE CNTY FL WTR   SWR R MIAUTL 10/48 FIXED 4           | CUSIP: 59334DLG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4597126.00   | 0.45%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COUNTRY OF MONTGOMERY                                                   | MONTGOMERY CNTY OH HOSP REVENU MONMED 08/46 FIXED 4           | CUSIP: 613520PB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4201870.05   | 0.41%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY OF                                                        | NEW YORK NY NYC 04/45 FIXED 5                                 | CUSIP: 64966MA25<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2335302.93   | 0.23%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI LTD OBLIG G PUBFIN 08/31 FIXED OID 6.75    | CUSIP: 74446EAB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $770000.00    | 0.08%             | 2031-08-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| FHLMC PASS THRU POOLS                                                   | FED HM LN PC POOL WE6111 FR 01/40 FIXED 3.8                   | CUSIP: 3132YBYG5<br>LEI: N/A                  | Long             | ABS-MBS          | USGSE             | US        |  19645048 | PA      | $18461709.47  | 1.82%             | 2040-01-01      | Fixed         | 3.80%                 | No            |                  2 | On Loan: No      |
| CHATTANOOGA HEALTH EDUCATIONAL & HOUSING FACILITY BOARD                 | CHATTANOOGA TN HLTH EDUCTNL  H CHAMED 08/49 FIXED 5           | CUSIP: 162410FF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1660519.08   | 0.16%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN PIER & EXPOSITION                                          | MET PIER EXPOSITION AUTH IL MPNFAC 12/51 ZEROCPNOID 0         | CUSIP: 592250AR5<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $2736279.00   | 0.27%             | 2051-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5.25        | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6835000 | PA      | $6817910.45   | 0.67%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTERNATIONAL AIRPORT AUTHORITY                           | GERALD R FORD INTERNATIONAL AR KENAPT 01/51 FIXED 5           | CUSIP: 373695AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2534040.50   | 0.25%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY TRANSITIONAL FINANCE AUTHORITY FUTURE TAX SECURED REVENUE | NEW YORK CITY NY TRANSITIONAL NYCGEN 05/45 FIXED 4            | CUSIP: 64971XQM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9375000 | PA      | $8805105.00   | 0.87%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI PROJ REVENU PUBFIN 01/50 FIXED OID 7       | CUSIP: 74444UAC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   9500000 | PA      | $10103412.45  | 0.99%             | 2050-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN HSG & REDV AUTH                                            | SAINT PAUL MN HSG   REDEV AUTH STPMED 11/47 FIXED 5           | CUSIP: 792909FM0<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1558457.10   | 0.15%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ECONOMIC DEVELOPMENT AUTHORITY                            | WEST VIRGINIA ST ECON DEV AUTH WVSDEV 06/40 FIXED 4           | CUSIP: 95639PCA9<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   9610000 | PA      | $9602113.07   | 0.95%             | 2040-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                              | MICHIGAN ST FIN AUTH LTD OBLIG MISFIN 09/50 FIXED 5           | CUSIP: 594479FT9<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    300000 | PA      | $234197.70    | 0.02%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                | MASSACHUSETTS ST DEV FIN AGY R MASDEV 01/47 FIXED 5           | CUSIP: 57584XD57<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4379206.50   | 0.43%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA HEALTH & EDUCATIONAL FACILITIES FINANCING AUTHORITY             | INDIANA ST HLTH   EDUCTNL FAC INSMED 11/46 FIXED 4            | CUSIP: 454795FG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1838888.80   | 0.18%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 INTERAPREC VAR    | CUSIP: 04052TDE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6599977 | PA      | $3472756.10   | 0.34%             | 2059-01-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| COUNTY OF WARREN KY                                                     | WARREN CNTY KY HOSP REVENUE WARMED 04/49 FIXED 5.25           | CUSIP: 934864CN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2606041.75   | 0.26%             | 2049-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSPORTATION AUTHORITY                                       | REGL TRANSPRTN AUTH IL REGTRN 06/38 FIXED 5                   | CUSIP: 7599114B3<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |  15400000 | PA      | $16062508.00  | 1.58%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA COUNTY TOBACCO SECURITIZATION AGENCY                         | CALIFORNIA CNTY CA TOBACCO SEC CASGEN 06/35 FIXED OID 6       | CUSIP: 13016NBH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $255436.76    | 0.03%             | 2035-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN TOB SECURIZATION CORP ALASKA                                   | NTHRN AK TOBACCO SECURITIZATIO NRTFAC 06/66 ZEROCPNOID 0      | CUSIP: 66585VCB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19400000 | PA      | $2190925.42   | 0.22%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | 5749 BRYNHURST TE PERM                                        | CUSIP: BA000QZR2<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | CORP              | US        |   2330995 | PA      | $2330995.17   | 0.23%             | 2044-04-01      | Fixed         | 0.00%                 | No            |                  3 | On Loan: No      |
| MARICOPA COUNTY INDUSTRIAL DEV                                          | MARICOPA CNTY AZ INDL DEV AUTH MARDEV 01/44 FIXED 4           | CUSIP: 56682HCQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  21865000 | PA      | $20537827.30  | 2.02%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NASSAU CNTY NY INDL DEV AGY                                             | ESC NASSAU CNTY N Y IN 01/58 5                                | CUSIP: 631ESCAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4402214 | PA      | $58220.07     | 0.01%             | 2058-01-01      | Variable      | 5.00%                 | No            |                  3 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI REVENUE PUBGEN 03/56 FIXED 4               | CUSIP: 74442PTG0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1618662.20   | 0.16%             | 2056-03-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HOUSING FINANCE AGENCY                                       | CALIFORNIA HSG FIN AGY LTD OBL CASMFH 03/53 ADJUSTABLE VAR    | CUSIP: 13034DAJ3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   9700000 | PA      | $9860502.02   | 0.97%             | 2053-03-01      | Variable      | 6.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN FINANCE AUTHORITY                                              | MICHIGAN ST FIN AUTH LTD OBLIG MISFIN 09/40 FIXED 4.8         | CUSIP: 594479FS1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    185000 | PA      | $159249.92    | 0.02%             | 2040-09-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| INDIANAPOLIS LOCAL PUBLIC IMPROVEMENT BOND BANK                         | INDIANAPOLIS IN LOCAL PUBLIC I INPBBK 01/53 FIXED 5           | CUSIP: 45528VAV1<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3082520.40   | 0.30%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS STATE TOLL HIGHWAY AUTHORITY                                   | ILLINOIS ST TOLL HIGHWAY AUTH ILSTRN 01/41 FIXED 5            | CUSIP: 452252LX5<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $12567181.25  | 1.24%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STATE OF FLORIDA DEPARTMENT OF TRANSPORTATION TURNPIKE SYSTEM REVENUE   | FLORIDA ST TURNPIKE AUTH TURNP FL DEPT OF TRANSPRT B          | CUSIP: 343137TF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $9828094.50   | 0.97%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS DEVELOPMENT FINANCE AGENCY                                | MASSACHUSETTS ST DEV FIN AGY H MASMED 10/37 FIXED OID 7.625   | CUSIP: 57585AAE0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    672885 | PA      | $6.73         | 0.00%             | 2037-10-15      | Fixed         | 7.62%                 | No            |                  2 | On Loan: No      |
| EVERMAN INDEPENDENT SCHOOL DISTRICT                                     | EVERMAN TX INDEP SCH DIST EVESCD 02/49 FIXED OID 4            | CUSIP: 300371W56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3769124.00   | 0.37%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| INDIANA FINANCE AUTHORITY                                               | INDIANA FIN AUTH MIDWESTERN DI INDGEN 11/30 FIXED 4.25        | CUSIP: 45470CAG4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5650000 | PA      | $5807334.99   | 0.57%             | 2030-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A COOPERATIVE DISTRICT                       | SOUTHEAST ENERGY AUTHORITY A C SEEPWR 01/56 ADJUSTABLE VAR    | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4275031.87   | 0.42%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTANA ST HEALTH FACS AUTH REV                                         | MONTANA ST FAC FIN AUTH REVENU MTSFIN 02/55 FIXED 5.5         | CUSIP: 61204KPU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2794193.66   | 0.28%             | 2055-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP SALES TAX REVENUE                  | PUERTO RICO SALES TAX FING COR PRCGEN 07/46 ZEROCPNOID 0      | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  19300000 | PA      | $6485297.94   | 0.64%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BUCKS COUNTY WATER AND SEWER AUTHORITY                                  | BUCKS CNTY PA WTR   SWR AUTH S BUCUTL 12/47 FIXED OID 4.25    | CUSIP: 118683JY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1777370.76   | 0.17%             | 2047-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| SALES TAX SECURITIZATION CORPORATION                                    | SALES TAX SECURITIZATION CORP STSGEN 01/48 FIXED 4            | CUSIP: 79467BBL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2446895.55   | 0.24%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX INDUSTRIAL DEVELOPMENT AUTHORITY                                | FALCON PK DELAYED DRAW TERM LOAN 2                            | CUSIP: 948TTQII6<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2200000.00   | 0.22%             | 2026-11-01      | Floating      | 7.67%                 | No            |                  3 | On Loan: No      |
| MUNICIPALITY OF ANCHORAGE AK SOLID WASTE SERVICES REVENUE               | ANCHORAGE AK SOL WST SVCS REVE ANCPOL 11/62 FIXED 5.25        | CUSIP: 033262AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4695000 | PA      | $4817356.40   | 0.47%             | 2062-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FINANCE AUTHORITY                                                | PUBLIC FIN AUTH WI HLTHCARE SY PUBMED 10/52 FIXED 5           | CUSIP: 74447GAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023350.60   | 0.20%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA ST PUBLIC FACS AUTHL LASFAC 07/42 FIXED 5           | CUSIP: 54639TDN9<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1186072.69   | 0.12%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH COUNTY FLORIDA INDL DEV                                    | HILLSBOROUGH CNTY FL INDL DEVA HILMED 08/50 FIXED 4           | CUSIP: 43233AFD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7150000 | PA      | $6139706.43   | 0.60%             | 2050-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                              | CHICAGO IL BRD OF EDU CHIEDU 12/50 FIXED OID 5.75             | CUSIP: 167505ZM1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5973896.40   | 0.59%             | 2050-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| FORT BEND COUNTY TEXAS PUBLIC FACILITY CORP                             | FORT BEND CNTY TX PUB FAC CORP FBCDEV 03/48 FIXED 5           | CUSIP: 34687KAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13500000 | PA      | $14002345.80  | 1.38%             | 2048-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL EDUCATION FACILITIES FINANCE CORP                     | NEW HOPE CULTURAL EDU FACS FIN NHPFAC 07/46 FIXED 5           | CUSIP: 64542PAV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $929575.00    | 0.09%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS FORT WORTH INTERNATIONAL AIRPORT                                 | DALLAS FORT WORTH TX INTERNATI DALAPT 11/42 FIXED 5.25        | CUSIP: 23503CGD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4852187.10   | 0.48%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| OGDEN CITY REDEVELOPMENT AGENCY                                         | OGDEN CITY UT REDEV AGY SALES OGDDEV 01/53 FIXED 5            | CUSIP: 67629TAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2820847.54   | 0.28%             | 2053-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST REGIONAL MANAGEMENT DISTRICT                                  | SOUTHEAST REGL MGMT DIST TX SERGEN 04/49 FIXED OID 4.25       | CUSIP: 841493DB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1103132.02   | 0.11%             | 2049-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FINANCING CORPORATION                                | TOBACCO SETTLEMENT FING CORP N TOBGEN 06/46 FIXED 5           | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7365000 | PA      | $7159906.11   | 0.70%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT OF COLUMBIA                                                    | DIST OF COLUMBIA REVENUE DISREV 02/37 FIXED 5.5               | CUSIP: 25483VA61<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $2136089.37   | 0.21%             | 2037-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDUSTRIAL DEVELOPMENT AUTHORITY                                | ARIZONA ST INDL DEV AUTH SENIO AZSNUR 01/59 FIXED 5.125       | CUSIP: 04052TDD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1829226 | PA      | $1392298.54   | 0.14%             | 2059-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                 | FREDDIE MAC MULTIFAMILY FRETE 2024 ML26 A                     | CUSIP: 3137HH6N6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |   8905533 | PA      | $7868947.69   | 0.77%             | 2038-12-25      | Variable      | 3.26%                 | No            |                  2 | On Loan: No      |
| ST CLOUD MINN HEALTH CARE REV                                           | SAINT CLOUD MN HLTH CARE REVEN SUDMED 05/54 FIXED 5           | CUSIP: 78916VEU0<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4078884.80   | 0.40%             | 2054-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| THE AMMONS AT ASHEVILLE HIGHWAY - IMPACT FUND LIHTC PORTFOLIO           | THE AMMNS AT ASHVLLE HGHWY FIXED TERM LOAN                    | CUSIP: BA000DPR2<br>LEI: N/A                  | Long             | LON              | CORP              | US        |  10067404 | PA      | $9002272.47   | 0.89%             | 2041-10-01      | Fixed         | 4.20%                 | Yes           |                  3 | On Loan: No      |
| FREDDIE MAC MULTIFAMILY ML CERTIFICATES                                 | FREDDIE MAC STRUCTURED PASS TH FMPGEN 04/42 ADJUSTABLE VAR    | CUSIP: 3137HDJL5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | MUN               | US        |  11136716 | PA      | $11241623.86  | 1.11%             | 2042-04-25      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| AFFORDABLE HOUSING OPPORTUNITIES TRUST SERIES AH-01                     | AFFORDABLE HSG OPPORTUNITIES T TENGEN 07/37 FIXED 7.12        | CUSIP: 00826SAK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3780000 | PA      | $3728649.46   | 0.37%             | 2037-07-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                             | ILLINOIS ST ILS 05/41 FIXED 5                                 | CUSIP: 452152Y62<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3058888.20   | 0.30%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON STATE HOUSING FINANCE COMMISSION                             | WASHINGTON ST HSG FIN COMMISSI WASHSG 11/41 ADJUSTABLE VAR    | CUSIP: 93978UDT0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   4685131 | PA      | $4511380.84   | 0.44%             | 2041-11-20      | Variable      | 4.08%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUBLIC FACILITIES AUTHORITY                                   | LOUISIANA ST PUBLIC FACS AUTHL LASFAC 07/43 FIXED 5           | CUSIP: 54639TDP4<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1065502.00   | 0.10%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HUNTSVILLE PUBLIC BUILDING AUTHORITY                                    | HUNTSVILLE AL PUBLIC BLDG AUTH HUNFAC 02/47 FIXED 5           | CUSIP: 447154FU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029423.60   | 0.10%             | 2047-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACILITIES AUTHORITY                                    | COLORADO ST HLTH FACS AUTH REV COSMED 11/43 FIXED 4           | CUSIP: 19648FJE5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  14910000 | PA      | $14086291.09  | 1.39%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TRUST FD TOBACCO SETTLMNT                                     | THE CHILDRENS TRUST FUND PR TO CHIGEN 05/57 ZEROCPNOID 0      | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  87000000 | PA      | $4128654.60   | 0.41%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| SUFFOLK TOBACCO ASSET SECURITIZATION CORPORATION                        | SUFFOLK NY TOBACCO ASSET SECUR SFKSEC 06/50 FIXED 4           | CUSIP: 864809CA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4420000 | PA      | $3708873.27   | 0.37%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST REGIONAL MANAGEMENT DISTRICT                                  | SOUTHEAST REGL MGMT DIST TX SERGEN 04/53 FIXED OID 4.25       | CUSIP: 841493DF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1604840.97   | 0.16%             | 2053-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY                           | MICHIGAN ST TOBACCO SETTLEMENT MISGEN 06/58 ZEROCPNOID 0      | CUSIP: 594751AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  52500000 | PA      | $922897.50    | 0.09%             | 2058-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BERRY BAY II COMMUNITY DEVELOPMENT DISTRICT                             | BERRY BAY II CDD FL SPL ASSMNT BBADEV 05/44 FIXED 5.2         | CUSIP: 08577DAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $550505.67    | 0.05%             | 2044-05-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                              | CHICAGO IL BRD OF EDU CHIEDU 12/36 FIXED 5                    | CUSIP: 167505TJ5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3770000 | PA      | $3733220.26   | 0.37%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO PUBLIC FACILITIES CORP                                      | SAN ANTONIO TX PUB FACS CORP L SANFAC 09/42 FIXED OID 4       | CUSIP: 796334AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9528751.00   | 0.94%             | 2042-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FHLMC MULTIFAMILY VRD CERTIFICATES                                      | FEDERAL HOME LOAN MTGE CORP MF FEDMFH 01/43 ADJUSTABLE VAR    | CUSIP: 31350ADW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5681040 | PA      | $5788294.11   | 0.57%             | 2043-01-25      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| TEXAS DEPARTMENT OF HOUSING AND COMMUNITY AFFAIRS                       | TEXAS ST DEPT OF HSG   CMNTY A TXSSFH 01/56 FIXED 5.75        | CUSIP: 882750D33<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |  12420000 | PA      | $13710346.09  | 1.35%             | 2056-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| COUNTY OF GRAND FORKS                                                   | GRAND FORKS CNTY ND GRADEV 12/43 FIXED 7                      | CUSIP: 38543PAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3740000 | PA      | $37.40        | 0.00%             | 2043-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| CITY OF RENO NV                                                         | RENO NV SALES TAX REVENUE RENGEN 07/58 ZEROCPNOID 0           | CUSIP: 759861EK9<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |  45500000 | PA      | $5214836.90   | 0.51%             | 2058-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORPORATION                                          | BUILD NYC RESOURCE CORP NY REV BUIGEN 07/57 FIXED 5.25        | CUSIP: 12008ETY2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3959345.20   | 0.39%             | 2057-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHICAGO BOARD OF EDUCATION                                              | CHICAGO IL BRD OF EDU CHIEDU 12/46 FIXED OID 5                | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $10136170.00  | 1.00%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CITY OF SALT LAKE CITY UT AIRPORT REVENUE                               | SALT LAKE CITY UT ARPT REVENUE SALAPT 07/47 FIXED 5           | CUSIP: 795576FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8007769.60   | 0.79%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO OHARE INTERNATIONAL AIRPORT                                     | CHICAGO IL O HARE INTERNATIONA CHITRN 01/48 FIXED 5.25        | CUSIP: 1675934R0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9530000 | PA      | $9806891.29   | 0.97%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HOUSING FIN AGY MTG REV                                       | TOURO SHAKESPEARE FIXED TE CONSTRUCTION DDTL                  | CUSIP: BA000SRY2<br>LEI: 549300VL35TBE7RSJH61 | Long             | ABS-MBS          | CORP              | US        |   5880000 | PA      | $5880000.00   | 0.58%             | 2028-06-01      | Fixed         | 1.02%                 | No            |                  3 | On Loan: No      |

### Signature

**Date Signed:** 2026-02-27

**Name of Applicant:** PIMCO Municipal Income Fund II

**Signature:** /s/ Bijal Parikh

**Name of Signer:** Bijal Parikh

**Title:** Treasurer