# EDGAR Filing Document

**Accession Number:** 0000799113
**File Stem:** 0001752724-25-177824
**Filing Date:** 2025-7
**Character Count:** 269127
**Document Hash:** 1e7b9f5ce0bac480af708f99a83f9dd4
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-177824.hdr.sgml**: 20250725

**ACCESSION NUMBER**: 0001752724-25-177824

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250725

**DATE AS OF CHANGE**: 20250725

**PERIOD START**: 20250531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BLACKROCK MUNICIPAL SERIES TRUST
- **CENTRAL INDEX KEY:** 0000799113

**ORGANIZATION NAME:**
- **EIN:** 226419427
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04802
- **FILM NUMBER:** 251149388

**BUSINESS ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 800-441-7762

**MAIL ADDRESS:**
- **STREET 1:** 100 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** BLACKROCK INTERMEDIATE MUNICIPAL FUND OF BLACKROCK MUNICIPAL SERIES TRUST
- **DATE OF NAME CHANGE:** 20061002

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH MUNICIPAL INTERMEDIATE TERM FUND OF MERRILL LYNCH MUNICIPAL SERIES TRUST
- **DATE OF NAME CHANGE:** 20051216

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MERRILL LYNCH MUN INTERM TERM FD OF ML MUN SER TR
- **DATE OF NAME CHANGE:** 19931123

## Series and Classes Contracts Data

### BlackRock Strategic Municipal Opportunities Fund of BlackRock Municipal Series Trust (Series ID: S000004053)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000011339 | Investor A1   |  |
| C000011342 | Institutional |  |
| C000038983 | Investor A    |  |
| C000038984 | Investor C    |  |
| C000199785 | Class K       |  |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BlackRock Municipal Series Trust

- **b. Investment Company Act file number:** 811-04802

- **c. CIK number of Registrant:** 0000799113

- **d. LEI of Registrant:** 549300THM7OMQ75Z2202

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

  - **Street Address 1:** 100 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-441-7762

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

- **a. Name of Series:** BlackRock Strategic Municipal Opportunities Fund

- **b. EDGAR series identifier (if any):** S000004053

- **c. LEI of Series:** HLP8Y6CXBZOL2TSZQI38

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

- **a. Date of fiscal year-end:** 2025-05-31

- **b. Date as of which information is reported:** 2025-05-31

**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:** $3902776179.08

**Total Liabilities:** $344935364.45

**Net Assets:** $3557840814.63

**Delayed Delivery Securities:** $37200018.44

**Cash Not Reported:** $2141347.99

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 418833.08000000 | **1-Year:** 22203.45000000 | **5-Year:** 1038586.74000000 | **10-Year:** 1073567.42000000 | **30-Year:** 373884.85000000

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

- **3-Month:** 61914.46000000 | **1-Year:** 2591.75000000 | **5-Year:** 74183.49000000 | **10-Year:** 216459.61000000 | **30-Year:** 293756.34000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000011339 | -1.67%               | -1.23%               | -0.46%               |
| Class ID C000011342 | -1.67%               | -1.22%               | -0.45%               |
| Class ID C000038983 | -1.68%               | -1.14%               | -0.57%               |
| Class ID C000199785 | -1.66%               | -1.21%               | -0.44%               |
| Class ID C000038984 | -1.75%               | -1.30%               | -0.53%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7506160.60             | $-68767121.88                              |
| Month 2  | $-20535922.12            | $-31472078.42                              |
| Month 3  | $-9125641.10             | $-19441116.37                              |

**Designated Index Information**

- **Index Name:** Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio

- **Index Identifier:** Fund`s Designated Reference Portfolio is the Fund`s Securities Portfolio

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BEJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10882719.43  | 0.31%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                  | CUSIP: 346843XV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5178345.10   | 0.15%             | 2055-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YCA1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $965000.00    | 0.03%             | 2019-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6638000 | PA      | $5607793.75   | 0.16%             | 2059-03-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI MENTAL HLTHCARE FACS REVENUE              | CUSIP: 74443XAD9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1539657.41   | 0.04%             | 2030-12-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YBT1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3620000 | PA      | $1746650.00   | 0.05%             | 2018-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308H64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3118515.60   | 0.09%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Capitol Improvement Authority                                           | OKLAHOMA ST CAPITOL IMPT AUTH ST HIGHWAY CAP IMPT REVENUE    | CUSIP: 678514EM8<br>LEI: 549300LYHYBINTZ5AY71 | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2294355.03   | 0.06%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chesterfield County Economic Development Authority                               | CHESTERFIELD CNTY VA ECON DEV AUTH REVENUE                   | CUSIP: 16639EBW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6667433.83   | 0.19%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD REVENUE                                    | CUSIP: 88285AHR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2923014.84   | 0.08%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14010000 | PA      | $13753705.40  | 0.39%             | 2060-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION                             | CUSIP: 93978UAA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3560653 | PA      | $3279529.66   | 0.09%             | 2040-03-20      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University Health System Authority                         | VIRGINIA ST CMWLTH UNIV HLTH SYS AUTH REVENUE                | CUSIP: 92778LDJ6<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |   4800000 | PA      | $5101041.50   | 0.14%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEN1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1907477 | PA      | $920357.65    | 0.03%             | 2020-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | AUSTIN TX ARPT SYS REVENUE                                   | CUSIP: 052398GY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2970000 | PA      | $2913306.89   | 0.08%             | 2044-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chesterfield County Economic Development Authority                               | CHESTERFIELD CNTY VA ECON DEV AUTH REVENUE                   | CUSIP: 16639EBU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2606247.53   | 0.07%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN Sanitary Sewerage System Revenue                              | MEMPHIS TN SANTN SWR SYS REVENUE                             | CUSIP: 586200UE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3825000 | PA      | $3894297.18   | 0.11%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647MB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1775407.13   | 0.05%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 48504LAG8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   1700993 | PA      | $1304125.61   | 0.04%             | 2046-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2215000 | PA      | $2077066.59   | 0.06%             | 2045-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DXQ7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14525246.75  | 0.41%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSX5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    375000 | PA      | $372914.86    | 0.01%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mason County Public Hospital District No 1                                       | MASON CNTY WA PUBLIC HOSP DIST #1 HOSP REVENUE               | CUSIP: 575165AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4812645.70   | 0.14%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | PENNSYLVANIA ST ECON DEV FINGAUTH EXEMPT FACS REVENUE        | CUSIP: 708686DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3249806.85   | 0.09%             | 2044-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658ZX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8510000 | PA      | $9061451.57   | 0.25%             | 2048-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Lafayette LA Utilities Revenue                                           | LAFAYETTE LA UTILITIES REVENUE                               | CUSIP: 506498F41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $930027.75    | 0.03%             | 2049-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH CMWLTH MTGE                         | CUSIP: 92812U6K9<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1873639.47   | 0.05%             | 2049-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TYF4<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |    145000 | PA      | $147975.58    | 0.00%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KCK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $407718.38    | 0.01%             | 2049-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL ENERGY SUPPLY REVE | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   6200000 | PA      | $6267489.91   | 0.18%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp                                                   | IPS MULTI-SCH BLDG CORP IN                                   | CUSIP: 46263RVE2<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1533341.45   | 0.04%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JMK1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6097142.94   | 0.17%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HBF3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10750000 | PA      | $10852317.43  | 0.31%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R5Q5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  25889996 | PA      | $26456391.14  | 0.74%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP REVENUE                           | CUSIP: 650036DG8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7491657.12   | 0.21%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EFX3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    195000 | PA      | $194968.88    | 0.01%             | 2025-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAF2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   6867194 | PA      | $3313421.11   | 0.09%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| City of Minneapolis MN                                                           | MINNEAPOLIS MN HLTH CARE SYS REVENUE                         | CUSIP: 60374VEV1<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1851511.84   | 0.05%             | 2040-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Aurora CO Water Revenue                                                  | AURORA CO WTR REVENUE                                        | CUSIP: 051595DF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5680000 | PA      | $4955438.13   | 0.14%             | 2054-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500621.91    | 0.01%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Colorado                                                           | UNIV OF COLORADO CO ENTERPRISE SYS REVENUE                   | CUSIP: 91417NKR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3429324.34   | 0.10%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GKN2<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |  15215000 | PA      | $15856077.18  | 0.45%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                          | OMAHA NE ARPT AUTH                                           | CUSIP: 681725NK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4415000 | PA      | $4497701.07   | 0.13%             | 2049-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 48504LAF0<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   2735000 | PA      | $2240271.35   | 0.06%             | 2037-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JLR2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1754124.99   | 0.05%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                     | CUSIP: 46615SFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10970000 | PA      | $11382554.99  | 0.32%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | PORTLAND OR SWR SYS REVENUE                                  | CUSIP: 736742G50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6203640.30   | 0.17%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032BX8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5880000 | PA      | $6061942.14   | 0.17%             | 2044-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AVT9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |      5000 | PA      | $5335.68      | 0.00%             | 2048-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $997219.30    | 0.03%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KHC0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5052072.55   | 0.14%             | 2055-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Flying Horse Metropolitan District No 3                                          | FLYING HORSE CO MET DIST #3                                  | CUSIP: 34407UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2965000 | PA      | $2865602.23   | 0.08%             | 2049-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                          | MIAMI-DADE CNTY FL SPL OBLIG                                 | CUSIP: 59333NNJ8<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |  15765000 | PA      | $7969933.79   | 0.22%             | 2039-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3017858.04   | 0.08%             | 2043-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5505000 | PA      | $5616301.63   | 0.16%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH RENTAL HSG REVENUE                  | CUSIP: 59465M4N2<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   8765000 | PA      | $7581253.53   | 0.21%             | 2053-10-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFR1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    927755 | PA      | $447641.79    | 0.01%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                           | MIAMI-DADE CNTY FL TRANSIT SALES SURTAX REVENUE              | CUSIP: 59334PKV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13815000 | PA      | $14015728.13  | 0.39%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Seguin TX                                                                | SEGUIN TX                                                    | CUSIP: 815832YM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10225669.10  | 0.29%             | 2057-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Reunion East Community Development District                                      | REUNION E FL CDD SPL ASSMNT                                  | CUSIP: 761311AT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $73787.01     | 0.00%             | 2026-05-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| City of Lafayette LA Utilities Revenue                                           | LAFAYETTE LA UTILITIES REVENUE                               | CUSIP: 506498F33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3060150.84   | 0.09%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252QC6<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   9250000 | PA      | $9473858.97   | 0.27%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445JG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5430000 | PA      | $5582744.87   | 0.16%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Virgenes Unified School District                                             | LAS VIRGENES CA UNIF SCH DIST                                | CUSIP: 518021ZN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5273246.00   | 0.15%             | 2051-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFE0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   7445000 | PA      | $3592212.50   | 0.10%             | 2033-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge & Tunnel Enterprise                                              | COLORADO BRIDGE & TUNNEL ENTERPRISE CO                       | CUSIP: 19633TAZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3092650.44   | 0.09%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HAB3<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   9070000 | PA      | $9154442.33   | 0.26%             | 2051-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 8828544U3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8986293.00   | 0.25%             | 2045-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2280000 | PA      | $2103989.20   | 0.06%             | 2055-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Regional Transportation Authority                                                | REGL TRANSPRTN AUTH IL                                       | CUSIP: 7599116N5<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5067296.60   | 0.14%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GGS6<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   5330000 | PA      | $5541803.17   | 0.16%             | 2046-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442332DD1<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    350000 | PA      | $375905.61    | 0.01%             | 2040-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH REVENUE                             | CUSIP: 45203MQB0<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   4875000 | PA      | $4880958.76   | 0.14%             | 2043-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TVD2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $6950842.32   | 0.20%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAB7<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1302014.55   | 0.04%             | 2042-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SME3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   7470000 | PA      | $7756347.36   | 0.22%             | 2050-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No 216 Agua Fria                      | MARICOPA CNTY AZ UN HIGH SCH DIST #216 AGUA FRIA             | CUSIP: 567541SQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1525925.50   | 0.04%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QJZ4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4602548.43   | 0.13%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25435000 | PA      | $22041938.95  | 0.62%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CEX2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  15520000 | PA      | $15971196.82  | 0.45%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Broward County/FL                                             | BROWARD CNTY FL SCH DIST                                     | CUSIP: 115067MC1<br>LEI: 5493006KVNQDJ1D0OD92 | Long             | DBT              | MUN               | US        |  26044996 | PA      | $26066531.88  | 0.73%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723BN2<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  21885000 | PA      | $23175610.97  | 0.65%             | 2054-07-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Chesterfield County Economic Development Authority                               | CHESTERFIELD CNTY VA ECON DEV AUTH REVENUE                   | CUSIP: 16639EBX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014625.63   | 0.03%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH ARPT SPL OBLIG                  | CUSIP: 48504NAN9<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4820010.00   | 0.14%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647GN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500331.10   | 0.10%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4125000 | PA      | $4250836.22   | 0.12%             | 2037-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                | DENVER CITY & CNTY CO ARPT REVENUE                           | CUSIP: 249182LW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19910000 | PA      | $19237841.53  | 0.54%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041YQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8925000 | PA      | $8718264.16   | 0.25%             | 2058-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Bay Transportation Authority Sales Tax Revenue                     | MASSACHUSETTS ST BAY TRANSPRTN AUTH SALES TAX REVENUE        | CUSIP: 575579V79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5560000 | PA      | $5799842.89   | 0.16%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GK29<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4087756.64   | 0.11%             | 2051-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371514Y2<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   7520000 | PA      | $7543246.43   | 0.21%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Suburban Sanitary Commission                                          | WASHINGTON SUBURBAN SAN DIST MD                              | CUSIP: 940158JP4<br>LEI: 549300EZUWNTQF827C24 | Long             | DBT              | MUN               | US        |   9270000 | PA      | $9915225.84   | 0.28%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | EL PASO TX WTR & SWR REVENUE                                 | CUSIP: 283822ZR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3140417.85   | 0.09%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEJ0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4545000 | PA      | $2192962.50   | 0.06%             | 2024-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| East Point Business & Industrial Development Authority                           | EAST PT GA BUSINESS & INDL DEV AUTHORITY REVENUE             | CUSIP: 274502AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3355000 | PA      | $2264625.00   | 0.06%             | 2062-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775HL92<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4787603.75   | 0.13%             | 2049-11-15      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDL8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5970000 | PA      | $6401692.25   | 0.18%             | 2055-05-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                         | CUSIP: 04052BLP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3152897.11   | 0.09%             | 2055-01-01      | Fixed         | 7.10%                 | No            |                  2 | On Loan: No      |
| County of Broward FL Convention Center Hotel Revenue                             | BROWARD CNTY FL CONVENTION CTR HOTEL REVENUE                 | CUSIP: 115012AS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23830000 | PA      | $24334551.16  | 0.68%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH SALES TAX REVENUE                      | CUSIP: 64990AUJ2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   4095000 | PA      | $4159160.58   | 0.12%             | 2054-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County Water Reclamation District                                          | CLARK CNTY NV WTR RECLAMATION DIST                           | CUSIP: 181070FZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3363337.00   | 0.09%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4945000 | PA      | $4984968.36   | 0.14%             | 2054-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFK6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $2412500.00   | 0.07%             | 2020-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA ST CLG BLDG AUTH EDUCTNL FACS REVENUE 21ST CENTURY  | CUSIP: 92778VPN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4558973.30   | 0.13%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County School District No Re-1 Douglas & Elbert Counties                 | DOUGLAS CNTY CO SCH DIST #RE-1 DOUGLAS & ELBERT CNTYS        | CUSIP: 258885S78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18025000 | PA      | $18808051.78  | 0.53%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12217362 | PA      | $11321722.28  | 0.32%             | 2041-07-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CGK8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  16320000 | PA      | $16698668.72  | 0.47%             | 2055-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Epperson North Community Development District                                    | EPPERSON N CDD FL CAPITAL IMPT REVENUE                       | CUSIP: 29429VAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $660089.30    | 0.02%             | 2051-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                           | MIAMI-DADE CNTY FL TRANSIT SALES SURTAX REVENUE              | CUSIP: 59334PKY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10116338.30  | 0.28%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sterling Hill Community Development District                                     | STERLING HILL FL CDD CAPITAL IMPT REVENUE                    | CUSIP: 85933TAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    142545 | PA      | $65029.03     | 0.00%             | 2010-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Ridgeville City School District                                            | NORTH RIDGEVILLE OH CITY SCH DIST                            | CUSIP: 661870LT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $650758.79    | 0.02%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Home Corp                                                            | MISSISSIPPI ST HOME CORP MF REVENUE                          | CUSIP: 60535NDQ7<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |   3985000 | PA      | $3914223.21   | 0.11%             | 2042-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                      | CUSIP: 592190NN8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   5890000 | PA      | $5909095.14   | 0.17%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JAW8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1544085.17   | 0.04%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $643148.59    | 0.02%             | 2041-09-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                         | CHESTER CNTY PA HLTH & EDU FACS AUTH REVENUE                 | CUSIP: 165579FG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $523268.29    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 48504LAD5<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   8059543 | PA      | $5262726.84   | 0.15%             | 2046-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Sales Tax Receipts Fund                                | CHICAGO IL TRANSIT AUTH SALES TAX RECPTS REVENUE             | CUSIP: 16772PEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  26760000 | PA      | $26713551.06  | 0.75%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                              | COLUMBUS OH REGL ARPT AUTH REVENUE                           | CUSIP: 199546DC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4129210.52   | 0.12%             | 2050-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pottsboro Independent School District/TX                                         | POTTSBORO TX INDEP SCH DIST                                  | CUSIP: 738255MX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5400000 | PA      | $5512153.25   | 0.15%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YMZ9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4716972.35   | 0.13%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4110000 | PA      | $4129829.72   | 0.12%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Westside Haines City Community Development District                              | WESTSIDE HAINES CITY CDD SPL ASSMNT                          | CUSIP: 96150AAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $64006.37     | 0.00%             | 2026-05-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SALES TAX REVENUE                    | CUSIP: 45130ACR4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |  10140000 | PA      | $10436223.98  | 0.29%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5880000 | PA      | $3886901.09   | 0.11%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEE1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  34125000 | PA      | $16465312.50  | 0.46%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Dorchester SC                                                          | DORCHESTER CNTY SC ASSMNT REVENUE                            | CUSIP: 258149AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2335728.78   | 0.07%             | 2040-10-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Lafayette LA Utilities Revenue                                           | LAFAYETTE LA UTILITIES REVENUE                               | CUSIP: 506498F25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5910000 | PA      | $6086697.59   | 0.17%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FINANCE AUTHORITY OF MAINE                                                       | FINANCE AUTHORITY OF MAINE                                   | CUSIP: 000000000<br>LEI: 549300GS5P8CQR7H8P53 | Long             | DBT              | CORP              | US        |   6518971 | PA      | $6518971.47   | 0.18%             | 2032-12-31      | Fixed         | 9.50%                 | No            |                  2 | On Loan: No      |
| Louisiana Stadium & Exposition District                                          | LOUISIANA STADIUM & EXPOSITION DIST LA                       | CUSIP: 546410CX7<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10098197.90  | 0.28%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Bills                                          | CUSIP: 912797PT8<br>LEI: 254900HROIFWPRGM1V77 | Long             | STIV             | UST               | US        | 210000000 | PA      | $209456507.40 | 5.89%             | 2025-06-24      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Atlanta Rapid Transit Authority                                     | MET ATLANTA RAPID TRANSIT AUTH GA SALES TAX REVENUE          | CUSIP: 591746BZ4<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   3295000 | PA      | $3470224.34   | 0.10%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFD2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  24370000 | PA      | $11758525.00  | 0.33%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GYB4<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3025000 | PA      | $3056179.40   | 0.09%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTE8<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1286896.14   | 0.04%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Regional Off-Track Betting Corp                                          | SUFFOLK REGL OFF-TRACK BETTING CORP NY REV                   | CUSIP: 86480TAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4075000 | PA      | $4180125.75   | 0.12%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423485S3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001150.28   | 0.03%             | 2030-07-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111E42<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4717972.89   | 0.13%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                 | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1381174.96   | 0.04%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Wyandotte County Unified School District No 500 Kansas City                      | WYANDOTTE CNTY KS UNIF SCH DIST #500                         | CUSIP: 982696SW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17090000 | PA      | $17167937.14  | 0.48%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | UNIV OF TEXAS TX PERMANENT UNIV FND                          | CUSIP: 915130CG1<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1810212.46   | 0.05%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | OMAHA NE PUBLIC PWR DIST ELEC REVENUE                        | CUSIP: 682001NH1<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   4100000 | PA      | $3592446.69   | 0.10%             | 2049-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SHD1<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  23290000 | PA      | $24019527.11  | 0.68%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEP6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4300000 | PA      | $2074750.00   | 0.06%             | 2017-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Pasco FL                                                               | PASCO CNTY FL CAPITAL IMPT CIGARETTE TAX ALLOCATION          | CUSIP: 70252AAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004090.65   | 0.03%             | 2048-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EKM4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3650830.33   | 0.10%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974E3C8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   8220000 | PA      | $8460299.12   | 0.24%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | DIRECTOR OF THE ST OF NEVADA DEPT OF BUSINESS & INDUSTRIAL   | CUSIP: 25490LAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $185089.03    | 0.01%             | 2029-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FD28<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1039679.87   | 0.03%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QTJ8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037621.08   | 0.03%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658C38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3585650.89   | 0.10%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/VA                                             | TOBACCO SETTLEMENT FING CORP VA                              | CUSIP: 88880NAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  24495000 | PA      | $19596519.54  | 0.55%             | 2046-06-01      | Fixed         | 6.71%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH SENIOR LIVING FACS REVENUE      | CUSIP: 48504LAE3<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   3596943 | PA      | $165037.53    | 0.00%             | 2046-11-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794A51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9999998 | PA      | $9912773.58   | 0.28%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA                                             | CUSIP: 25476FF37<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4765000 | PA      | $4883405.53   | 0.14%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Polk IA                                                                | POLK CNTY IA                                                 | CUSIP: 7311973N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5137587.35   | 0.14%             | 2045-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R2Z8<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10210604.10  | 0.29%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbia SC Waterworks & Sewer System Revenue                            | COLUMBIA SC WTRWKS & SWR SYS                                 | CUSIP: 198504K68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6110000 | PA      | $6336324.36   | 0.18%             | 2052-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Adams CO                                                               | ADAMS CNTY CO COPS                                           | CUSIP: 005596FF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10065000 | PA      | $10499656.72  | 0.30%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Water & Wastewater Revenue                               | PHILADELPHIA PA WTR & WSTWTR REVENUE                         | CUSIP: 7178932Y6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2613718.43   | 0.07%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBP2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    440000 | PA      | $440196.61    | 0.01%             | 2034-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DVQ2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1818041.12   | 0.05%             | 2048-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FSJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1395000 | PA      | $950974.02    | 0.03%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Sawyers Landing Community Development District                                   | SAWYERS LANDING CDD FL SPL ASSMNT REVENUE                    | CUSIP: 805517AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3015000 | PA      | $2391447.62   | 0.07%             | 2053-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | EL PASO TX WTR & SWR REVENUE                                 | CUSIP: 283822WK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10051782.23  | 0.28%             | 2052-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GMF7<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5704487.64   | 0.16%             | 2049-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of St Petersburg FL Public Utility Revenue                                  | SAINT PETERSBURG FL PUBLIC UTILITIES REVENUE                 | CUSIP: 793323C87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5028988.25   | 0.14%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                     | PRINCE GEORGES CNTY MD                                       | CUSIP: 741702BN3<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4817788.11   | 0.14%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clark County Water Reclamation District                                          | CLARK CNTY NV WTR RECLAMATION DIST                           | CUSIP: 181070FU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12020000 | PA      | $12619026.56  | 0.35%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSU1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2147276.34   | 0.06%             | 2041-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                            | YUMA AZ INDL DEV AUTH HOSP REVENUE                           | CUSIP: 988514DE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4135000 | PA      | $4170169.21   | 0.12%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                             | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE               | CUSIP: 88046KMG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4455000 | PA      | $4865622.56   | 0.14%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFW0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4745000 | PA      | $2289462.50   | 0.06%             | 2019-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UJG4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   4090000 | PA      | $3244337.16   | 0.09%             | 2056-12-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063ELK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2442034.73   | 0.07%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Monroe FL                                                              | MONROE CNTY FL INFRASTRUCTURE SALES SURPLUS TAX REVENUE      | CUSIP: 61050PBK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5560000 | PA      | $5653896.28   | 0.16%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp                                                    | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                 | CUSIP: 64985TEK3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7356028.47   | 0.21%             | 2043-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576KB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2953298.73   | 0.08%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lansing Board of Water & Light                                                   | LANSING MICH BRD WTR & LT UTIL SYS REV                       | CUSIP: 516391DD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10170000 | PA      | $10234239.82  | 0.29%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CBV0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4282102.60   | 0.12%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   5680000 | PA      | $6026914.97   | 0.17%             | 2054-02-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EM45<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3310000 | PA      | $3392457.83   | 0.10%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063D5R5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7080000 | PA      | $7486836.91   | 0.21%             | 2043-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990KGX5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  21150000 | PA      | $21606098.48  | 0.61%             | 2050-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917S6Z1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9999636.10   | 0.28%             | 2049-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658C46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2697243.65   | 0.08%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Talavera Community Development District                                          | TALAVERA CDD FL CAPITAL IMPT REVENUE                         | CUSIP: 87410PAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $648941.65    | 0.02%             | 2050-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | PORTLAND OR SWR SYS REVENUE                                  | CUSIP: 736742K63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10172097.80  | 0.29%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCQ8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  31050000 | PA      | $32729573.99  | 0.92%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LJM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4875000 | PA      | $4913997.90   | 0.14%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723AY9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  52565000 | PA      | $57057793.10  | 1.60%             | 2054-04-01      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEL5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1907477 | PA      | $920357.65    | 0.03%             | 2020-01-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                       | MAINE ST FIN AUTH                                            | CUSIP: 56042BBU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14465000 | PA      | $4737287.50   | 0.13%             | 2051-12-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Upper Darby School District/PA                                                   | UPPER DARBY PA SCH DIST                                      | CUSIP: 915633QH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5610000 | PA      | $5592461.06   | 0.16%             | 2055-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505KG0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5310000 | PA      | $5298168.84   | 0.15%             | 2029-12-01      | Fixed         | 6.04%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1835174.71   | 0.05%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDS1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2440000 | PA      | $1177300.00   | 0.03%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GH98<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2645000 | PA      | $2768358.81   | 0.08%             | 2054-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDY8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3120000 | PA      | $1505400.00   | 0.04%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        | 133094841 | PA      | $68445889.20  | 1.92%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | ORLANDO FL UTILITIES COMMISSION UTILITY SYS REVENUE          | CUSIP: 686507NE0<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5094796.75   | 0.14%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   7725000 | PA      | $8051150.66   | 0.23%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 4423485T1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3002859.66   | 0.08%             | 2038-07-15      | Fixed         | 6.63%                 | No            |                  2 | On Loan: No      |
| County of Williamson TX                                                          | WILLIAMSON CNTY TX                                           | CUSIP: 969888EK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2086774.56   | 0.06%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GL69<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3069088.20   | 0.09%             | 2052-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMM1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4395000 | PA      | $3784004.07   | 0.11%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KET1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49069.43     | 0.00%             | 2026-05-01      | Fixed         | 2.13%                 | No            |                  2 | On Loan: No      |
| Hillsborough County Aviation Authority                                           | HILLSBOROUGH CNTY FL AVIATION AUTH                           | CUSIP: 432308W91<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3005000 | PA      | $3122618.04   | 0.09%             | 2049-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153KW8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2536967.83   | 0.07%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TYU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $49960.88     | 0.00%             | 2026-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Harbor Bay Community Development District                                        | HARBOR BAY FL CDD CAPITAL IMPT REVENUE                       | CUSIP: 411466AG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1162941.86   | 0.03%             | 2048-05-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT& PWR DIST ELEC SYS REVENUE     | CUSIP: 79574CFM0<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   4370000 | PA      | $4458205.17   | 0.13%             | 2050-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                   | OKLAHOMA ST WTR RES BRD ST LOAN PROGRAM REVENUE              | CUSIP: 67920Q3Y2<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   3730000 | PA      | $3293936.14   | 0.09%             | 2053-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LGC4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    295000 | PA      | $292910.93    | 0.01%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | PLANO TX INDEP SCH DIST                                      | CUSIP: 727199C82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5025000 | PA      | $5247272.08   | 0.15%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE               | CUSIP: 745160TT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4135000 | PA      | $3546013.00   | 0.10%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794L42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3020174.55   | 0.08%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195462.49    | 0.01%             | 2026-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5865000 | PA      | $5916258.34   | 0.17%             | 2062-11-01      | Fixed         | 7.88%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582077Q2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   4995000 | PA      | $5499219.03   | 0.15%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH CHRT SCH LEASE REVENUE           | CUSIP: 130486AJ2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2732803.46   | 0.08%             | 2044-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                  | FAIRFAX CNTY VA INDL DEV AUTH REVENUE                        | CUSIP: 303823MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1780000 | PA      | $1539676.50   | 0.04%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | DALLAS TX                                                    | CUSIP: 235219VH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6020000 | PA      | $6249394.93   | 0.18%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN                        | MET GOVT NASHVILLE & DAVIDSON CNTY TN                        | CUSIP: 592112WA0<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1633702.50   | 0.05%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of St Louis MO Airport Revenue                                              | SAINT LOUIS MO ARPT REVENUE                                  | CUSIP: 791638T25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15425000 | PA      | $16045201.00  | 0.45%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                              | PUERTO RICO CMWLTH AQUEDUCT &SWR AUTH REVENUE                | CUSIP: 745160TH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $6222870.97   | 0.17%             | 2042-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JRL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2250265.88   | 0.06%             | 2058-07-01      | Fixed         | 4.78%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | OMAHA NE PUBLIC PWR DIST ELEC REVENUE                        | CUSIP: 682001JU7<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |  28050000 | PA      | $29198476.68  | 0.82%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                         | MIAMI-DADE CNTY FL AVIATION REVENUE                          | CUSIP: 593340AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2116026.70   | 0.06%             | 2050-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDJ1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   7025000 | PA      | $3389562.50   | 0.10%             | 2022-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDC6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  10185000 | PA      | $4914262.50   | 0.14%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 041807CG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $215397.40    | 0.01%             | 2028-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101518.32    | 0.00%             | 2034-06-01      | Fixed         | 9.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442332DG4<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    570000 | PA      | $600244.72    | 0.02%             | 2043-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Municipal Water District                                             | N TX MUNI WTR DIST REGL WSTWTR SYS CONTRACT REVENUE          | CUSIP: 66283AKW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4778527.82   | 0.13%             | 2043-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                  | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE | CUSIP: 13016NCW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12395000 | PA      | $949605.62    | 0.03%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE                                | CUSIP: 2322655U8<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4933624.65   | 0.14%             | 2052-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582TBX9<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028099.29   | 0.03%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5125076.30   | 0.14%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4895000 | PA      | $4797490.62   | 0.13%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Lakeshore East Special Assessment Area                        | CHICAGO IL SPL ASSMNT                                        | CUSIP: 167686AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    221000 | PA      | $212412.11    | 0.01%             | 2027-12-01      | Fixed         | 2.87%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | JEFFERSON CNTY AL SWR REVENUE WARRANTS                       | CUSIP: 472682ZR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5485000 | PA      | $5547049.39   | 0.16%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbus-Franklin County Finance Authority                                       | COLUMBUS-FRANKLIN CNTY OH FIN AUTH MF HSG REVENUE            | CUSIP: 19910XAL0<br>LEI: 549300NX3ODQN2ETOO82 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2473711.78   | 0.07%             | 2043-11-01      | Fixed         | 4.82%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EM37<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3365000 | PA      | $3456185.58   | 0.10%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEK7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  18867236 | PA      | $9103441.37   | 0.26%             | 2018-01-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968M7F0<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1775913.14   | 0.05%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609UCP8<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1887676.30   | 0.05%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Building Authority                                      | NEW MEMPHIS ARENA PUBLIC BLDG AUTH TN                        | CUSIP: 64704CAU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $705535.64    | 0.02%             | 2030-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TVA8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  11060000 | PA      | $9778510.98   | 0.27%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                   | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                      | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  28080000 | PA      | $2716850.64   | 0.08%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lower Magnolia Green Community Development Authority                             | LOWER MAGNOLIA GREEN VA CMNTY DEV AUTH SPL ASSMNT            | CUSIP: 548207AC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2584671.03   | 0.07%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                 | LEE CNTY FL ARPT REVENUE                                     | CUSIP: 523470HY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11890000 | PA      | $11962680.60  | 0.34%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JJF1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1602524.89   | 0.05%             | 2059-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFQ3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  10400000 | PA      | $5018000.00   | 0.14%             | 2049-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QVW7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   7415000 | PA      | $7452982.97   | 0.21%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Center Community Development District                                    | VLG CENTER FL CDD RECREATIONAL REVENUE                       | CUSIP: 92706NDD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1504081.88   | 0.04%             | 2036-11-01      | Fixed         | 5.02%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Lakeshore East Special Assessment Area                        | CHICAGO IL SPL ASSMNT                                        | CUSIP: 167686AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    267000 | PA      | $259993.98    | 0.01%             | 2026-12-01      | Fixed         | 2.69%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                           | IOWA ST FIN AUTH SF MTGE REVENUE                             | CUSIP: 46247EBP9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |    750000 | PA      | $759020.41    | 0.02%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                            | THE CHILDRENS TRUST FUND PR TOBACCO SETTLEMENT REVENUE       | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        | 222915000 | PA      | $13164109.35  | 0.37%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PDD4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5085000 | PA      | $2542500.00   | 0.07%             | 2046-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QWN9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   6955000 | PA      | $7455798.53   | 0.21%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153KG3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4015706.16   | 0.11%             | 2049-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Industrial Development Authority                                | PORT BEAUMONT TX INDL DEV AUTH                               | CUSIP: 73358SAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16545000 | PA      | $15160128.74  | 0.43%             | 2028-01-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| Alta Lakes Community Development District                                        | ALTA LAKES CMNTY DEV DIST FL SPL ASSMNT                      | CUSIP: 021304AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $431181.11    | 0.01%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GLQ4<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8304461.04   | 0.23%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH CHARTER SCH LEASE REV            | CUSIP: 64578QAD2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    265000 | PA      | $264493.77    | 0.01%             | 2026-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | ILLINOIS ST HSG DEV AUTH MF REVENUE                          | CUSIP: 45202BSV9<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   5275000 | PA      | $4907351.33   | 0.14%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | MASSACHUSETTS ST                                             | CUSIP: 57582R4A1<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   9499998 | PA      | $9709597.41   | 0.27%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  12750000 | PA      | $13097966.50  | 0.37%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CGC6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3725000 | PA      | $3847169.72   | 0.11%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAD6<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |  20670000 | PA      | $16076312.02  | 0.45%             | 2050-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9999998 | PA      | $10021571.25  | 0.28%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Town of Bridgeville DE                                                           | BRIDGEVILLE DE SPL OBLIG                                     | CUSIP: 108588AN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $333932.34    | 0.01%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                           | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $975150.00    | 0.03%             | 2045-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HCJ4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  11120000 | PA      | $11211725.21  | 0.32%             | 2057-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL Water & Wastewater System Revenue                               | TAMPA FL WTR & WSTWTR SYS REVENUE                            | CUSIP: 875291BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4103840.64   | 0.12%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJF6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4062979.12   | 0.11%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Waterbury Housing Authority                                                      | WATERBURY CT HSG AUTH MF HSG REVENUE                         | CUSIP: 941260AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3715000 | PA      | $3619279.90   | 0.10%             | 2042-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEW1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   9505000 | PA      | $4586162.50   | 0.13%             | 2028-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | CMNTY DEV ADMIN MD MF DEV REVENUE                            | CUSIP: 20364NCJ4<br>LEI: 549300LCO2FLSSVFFR64 | Long             | DBT              | MUN               | US        |  11375000 | PA      | $10520323.34  | 0.30%             | 2044-02-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| City of San Francisco CA Public Utilities Commission Water Revenue               | SAN FRANCISCO CA CITY & CNTY PUB UTILS COMMN WTR REVENUE     | CUSIP: 79771FCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5231838.25   | 0.15%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | MARICOPA CNTY & PHOENIX AZ INDL DEV AUTHORITIES MTGE REVENUE | CUSIP: 566736HU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6350000 | PA      | $6966309.79   | 0.20%             | 2055-03-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Charlotte County Industrial Development Authority/FL                             | CHARLOTTE CNTY FL INDL DEV AUTH UTILITY SYS REVENUE          | CUSIP: 16080TAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2925000 | PA      | $2927615.45   | 0.08%             | 2036-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | VIRGINIA ST PUB BLDG AUTH PUBLIC FACS REVENUE                | CUSIP: 928173EK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5141650.00   | 0.14%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Urban Development Corp                                            | NEW YORK ST URBAN DEV CORP SALES TAX REVENUE                 | CUSIP: 64985TES6<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12218584.00  | 0.34%             | 2050-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP HOSP REVENUE      | CUSIP: 87638QTG4<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058279.12   | 0.06%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YED3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $1314812.50   | 0.04%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PEU5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $109225.00    | 0.00%             | 2031-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Omaha Public Power District                                                      | OMAHA NE PUBLIC PWR DIST ELEC REVENUE                        | CUSIP: 682001NJ7<br>LEI: 54930000VJEJ9CGIYG32 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3735817.22   | 0.11%             | 2054-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 5905453L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1858466.64   | 0.05%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GYG3<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3835000 | PA      | $3586983.72   | 0.10%             | 2042-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MCH7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   6915000 | PA      | $6258328.23   | 0.18%             | 2062-08-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| City of Portland OR Sewer System Revenue                                         | PORTLAND OR SWR SYS REVENUE                                  | CUSIP: 736742G92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10709998 | PA      | $10886314.69  | 0.31%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Memphis TN Sanitary Sewerage System Revenue                              | MEMPHIS TN SANTN SWR SYS REVENUE                             | CUSIP: 586200UF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4074742.56   | 0.11%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032BW0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   6525000 | PA      | $6789315.48   | 0.19%             | 2043-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                               | CUSIP: 48542RXJ8<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   7495000 | PA      | $7972442.59   | 0.22%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                     | MASSACHUSETTS ST PORT AUTH                                   | CUSIP: 575896VH5<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4939768.20   | 0.14%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | HOUSTON TX UTILITY SYS REVENUE                               | CUSIP: 44244CU54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6600000 | PA      | $6852859.20   | 0.19%             | 2049-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                          | ENERGY S E AL A COOPERATIVE DIST ENERGY SPLY REVENUE         | CUSIP: 292723AK9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  30150000 | PA      | $32213853.13  | 0.91%             | 2053-11-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Prince William County Service Authority                                          | PRINCE WILLIAM CNTY VA SVC AUTH WTR & SWR SYS REVENUE        | CUSIP: 741765HZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1966821.96   | 0.06%             | 2055-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1682163.27   | 0.05%             | 2054-12-31      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UBN7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    300000 | PA      | $300176.56    | 0.01%             | 2029-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                               | CUSIP: 48542RU51<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   7690000 | PA      | $7841978.32   | 0.22%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RDA4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5211689.65   | 0.15%             | 2058-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FX33<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2735538.48   | 0.08%             | 2042-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nuveen AMT-Free Quality Municipal Income Fund                                    | Nuveen AMT-Free Quality Municipal Income Fund                | CUSIP: 670657105<br>LEI: 549300OTYQOOXS64NI63 | Long             | EC               | RF                | US        |   1750000 | NS      | $19005000.00  | 0.53%             |  |  |  | No            |                  1 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT& PWR DIST ELEC SYS REVENUE     | CUSIP: 79574CGL1<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5202967.45   | 0.15%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 5905453N7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $949896.06    | 0.03%             | 2049-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDN2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $2774375.00   | 0.08%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY ST PERSONAL INCOME TAX REVENUE       | CUSIP: 649870NC2<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   9545000 | PA      | $9795014.48   | 0.28%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Red Barn Metropolitan District                                                   | RED BARN MET DIST CO                                         | CUSIP: 75633SAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2022983.07   | 0.06%             | 2055-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lansing Board of Water & Light                                                   | LANSING MICH BRD WTR & LT UTIL SYS REV                       | CUSIP: 516391FN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1556726.64   | 0.04%             | 2054-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QL57<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   4015000 | PA      | $4152165.57   | 0.12%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Affordable Housing Opportunities Trust Series AH-01                              | AFFORDABLE HSG OPPORTUNITIES TRUST                           | CUSIP: 00826SAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14887845 | PA      | $13827008.76  | 0.39%             | 2039-05-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U87<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   6890000 | PA      | $6891271.62   | 0.19%             | 2029-07-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH MUNI CTFS                               | CUSIP: 63607WAW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11228378 | PA      | $9893187.12   | 0.28%             | 2041-10-20      | Variable      | 4.16%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   8158395 | PA      | $7502281.94   | 0.21%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Deer Park Independent School District                                            | DEER PARK TX INDEP SCH DIST                                  | CUSIP: 2441272G0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5114405.05   | 0.14%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FW91<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9549669.60   | 0.27%             | 2040-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                              | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                  | CUSIP: 13058TUX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    895000 | PA      | $821571.31    | 0.02%             | 2054-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8660000 | PA      | $8471973.73   | 0.24%             | 2049-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Cherry Hill Community Development Authority                                      | CHERRY HILL VA CMNTY DEV AUTHSPL ASSMNT                      | CUSIP: 164631AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $990921.17    | 0.03%             | 2035-03-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| North AR-1 Pasco Community Development District                                  | NORTH AR-1 PASCO CDD FL CAPITAL IMPT REVENUE                 | CUSIP: 65725AAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $524451.62    | 0.01%             | 2044-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFC4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  13440000 | PA      | $6484800.00   | 0.18%             | 2040-07-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260FS7<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1636940.98   | 0.05%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756Q7Y7<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1471416.38   | 0.04%             | 2049-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Town of Bridgeville DE                                                           | BRIDGEVILLE DE SPL OBLIG                                     | CUSIP: 108588AP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $795915.81    | 0.02%             | 2053-07-01      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X8D3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5520000 | PA      | $5706441.09   | 0.16%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alta Lakes Community Development District                                        | ALTA LAKES CMNTY DEV DIST FL SPL ASSMNT                      | CUSIP: 021304AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1536598.81   | 0.04%             | 2049-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589098C3<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   4665000 | PA      | $5153436.93   | 0.14%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL Lakeshore East Special Assessment Area                        | CHICAGO IL SPL ASSMNT                                        | CUSIP: 167686AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    327000 | PA      | $323833.84    | 0.01%             | 2025-12-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584X4M0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   4225000 | PA      | $3602725.69   | 0.10%             | 2042-10-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| City of Midland TX                                                               | MIDLAND TX                                                   | CUSIP: 5977497Z7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3276530.06   | 0.09%             | 2047-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEU5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3980000 | PA      | $1920350.00   | 0.05%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                             | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                     | CUSIP: 19645UTU8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   5175000 | PA      | $5291966.54   | 0.15%             | 2059-02-01      | Fixed         | 8.50%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                            | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE               | CUSIP: 126292BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6700000 | PA      | $3664263.90   | 0.10%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990F6P4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   9400000 | PA      | $9763887.16   | 0.27%             | 2044-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FC94<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050678.41   | 0.03%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153HS1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4850000 | PA      | $4795194.76   | 0.13%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817XZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9999998 | PA      | $9550266.88   | 0.27%             | 2051-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YCY9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   5540000 | PA      | $2673050.00   | 0.08%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                    | CUSIP: 04108WCF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23000000 | PA      | $24966841.09  | 0.70%             | 2048-07-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8070000 | PA      | $7785656.13   | 0.22%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                       | GREAT LAKES MI WTR AUTH SEWAGE DISPOSAL SYS REVENUE          | CUSIP: 39081HFG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2069948.42   | 0.06%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061ULD8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3303511 | PA      | $877082.06    | 0.02%             | 2057-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Clark County Water Reclamation District                                          | CLARK CNTY NV WTR RECLAMATION DIST                           | CUSIP: 181070FY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12335000 | PA      | $12657420.74  | 0.36%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFG5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3350000 | PA      | $1616375.00   | 0.05%             | 2043-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Permanent University Fund - University of Texas System                           | UNIV OF TEXAS TX PERMANENT UNIV FND                          | CUSIP: 915130AC2<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3944353.77   | 0.11%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067RDA8<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    670000 | PA      | $660755.35    | 0.02%             | 2032-11-15      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                            | ILLINOIS ST TOLL HIGHWAY AUTH                                | CUSIP: 452252QD4<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |  12175000 | PA      | $12679323.56  | 0.36%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDV4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2630000 | PA      | $1268975.00   | 0.04%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | WASHINGTON ST                                                | CUSIP: 93974EH74<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  24025000 | PA      | $25053562.86  | 0.70%             | 2043-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kitsap County School District No 100-C Bremerton                                 | KITSAP CNTY WA SCH DIST #100-C BREMERTON                     | CUSIP: 498044HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1322997.13   | 0.04%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH FEDERAL LEASE REVENUE                   | CUSIP: 63607VAF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8545000 | PA      | $5683650.01   | 0.16%             | 2032-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH AL COOPERATIVE DIST COMMODITY SPLY REV | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  31495000 | PA      | $32935969.63  | 0.93%             | 2054-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND         | CUSIP: 88285ADR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16929999 | PA      | $17545562.01  | 0.49%             | 2044-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TL76<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  22745000 | PA      | $18871768.05  | 0.53%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UGG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $396984.91    | 0.01%             | 2052-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFJ9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   9398900 | PA      | $4534969.25   | 0.13%             | 2020-01-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Alabama Federal Aid Highway Finance Authority                                    | ALABAMA FEDERAL AID HIGHWAY FIN AUTH SPL OBLIG REVENUE       | CUSIP: 010268DS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1797735.80   | 0.05%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                 | BALLSTON QUARTER CMNTY DEV AUTH VA REVENUE                   | CUSIP: 058696AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $2800817.26   | 0.08%             | 2046-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PMV4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   8530000 | PA      | $7006836.11   | 0.20%             | 2049-10-01      | Fixed         | 6.13%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAA9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1996637.30   | 0.06%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BR52<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2487793.09   | 0.07%             | 2045-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento Municipal Utility District                                            | SACRAMENTO CA MUNI UTILITY DIST ELEC REVENUE                 | CUSIP: 786005C97<br>LEI: E3GSVR6ZOU1MX2V7HF33 | Long             | DBT              | MUN               | US        |  11670000 | PA      | $11968405.40  | 0.34%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CEV6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7669877.95   | 0.22%             | 2041-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JPT9<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3476434.83   | 0.10%             | 2053-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Henrico County Economic Development Authority                                    | HENRICO CNTY VA ECON DEV AUTH HLTH FACS REVENUE              | CUSIP: 42605XAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1433697.52   | 0.04%             | 2048-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | PENNSYLVANIA ST TURNPIKE COMMISSION TURNPIKE REVENUE         | CUSIP: 709224P52<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3024721.08   | 0.09%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JJD1<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5197465.90   | 0.15%             | 2051-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT& PWR DIST ELEC SYS REVENUE     | CUSIP: 79574CFL2<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4098173.84   | 0.12%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sarasota County Public Hospital District                                         | SARASOTA CNTY FL PUBLIC HOSP DIST                            | CUSIP: 803301DL1<br>LEI: 549300JY4SF4DU1YDF85 | Long             | DBT              | MUN               | US        |   9230000 | PA      | $7842782.50   | 0.22%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                             | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                | CUSIP: 70917TRX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6510000 | PA      | $6533626.74   | 0.18%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Miami FL                                                                 | MIAMI FL                                                     | CUSIP: 59338CAM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8491758.40   | 0.24%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Van Alstyne Independent School District                                          | VAN ALSTYNE TX INDEP SCH DIST                                | CUSIP: 920496VF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7056242.29   | 0.20%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDM4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $692387.50    | 0.02%             | 2024-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Multifamily Mortgage Bonds                                                       | San Antonio Housing Trust Public Facility Corp               | CUSIP: 79626WAB3<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3385000 | PA      | $3251691.25   | 0.09%             | 2043-04-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL REVENUE                                 | CUSIP: 14052WDL8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    485000 | PA      | $483650.92    | 0.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Urban Redevelopment Agency                                               | ATLANTA GA URBAN REDEV AGY REVENUE                           | CUSIP: 047851BS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5605000 | PA      | $4513836.42   | 0.13%             | 2042-07-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $99444.23     | 0.00%             | 2026-09-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                       | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE          | CUSIP: 120827ED8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3115000 | PA      | $3146676.15   | 0.09%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | ENERGY N W WA ELEC REVENUE                                   | CUSIP: 29270C6V2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2102420.96   | 0.06%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1961663.82   | 0.06%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   7419092 | PA      | $6354675.98   | 0.18%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                            | CUYAHOGA CNTY OH HOSP REVENUE                                | CUSIP: 2322655T1<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   6110000 | PA      | $5590534.89   | 0.16%             | 2052-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389E46<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4316543.20   | 0.12%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Transit System                                           | MIAMI-DADE CNTY FL TRANSIT SALES SURTAX REVENUE              | CUSIP: 59334PKX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15166801.05  | 0.43%             | 2050-07-01      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | DALLAS TX                                                    | CUSIP: 235219ZC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12185000 | PA      | $10843142.11  | 0.30%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFP5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $562112.50    | 0.02%             | 2018-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| JEA Water & Sewer System Revenue                                                 | JEA FL WTR & SWR REVENUE                                     | CUSIP: 46615SGJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2359615.13   | 0.07%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CEH8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $9336243.84   | 0.26%             | 2056-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | CHICAGO IL MIDWAY ARPT REVENUE                               | CUSIP: 167562SH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3285000 | PA      | $3365876.63   | 0.09%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFN0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $624837.50    | 0.02%             | 2017-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JAX6<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021585.54   | 0.03%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                        | ORANGE CNTY FL HLTH FACS AUTH REVENUE                        | CUSIP: 68450LJP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10042134.10  | 0.28%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EKL6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   4455000 | PA      | $4666733.50   | 0.13%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brevard County Health Facilities Authority                                       | BREVARD CNTY FL HLTH FACS AUTH REVENUE                       | CUSIP: 107416PK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $551921.60    | 0.02%             | 2031-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HOSP FACS REVENUE       | CUSIP: 83703EMW2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    775000 | PA      | $810985.48    | 0.02%             | 2042-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | EL PASO TX WTR & SWR REVENUE                                 | CUSIP: 283822WK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15077673.30  | 0.42%             | 2052-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR   | CUSIP: 928097AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1939305.12   | 0.05%             | 2049-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Albemarle County Economic Development Authority                                  | ALBEMARLE CNTY VA ECON DEV AUTH PUBLIC FAC REVENUE           | CUSIP: 01266HFJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5450000 | PA      | $5709105.75   | 0.16%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kitsap County School District No 100-C Bremerton                                 | KITSAP CNTY WA SCH DIST #100-C BREMERTON                     | CUSIP: 498044HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1576118.43   | 0.04%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                  | CUSIP: 346843WP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $977903.41    | 0.03%             | 2044-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                      | CUSIP: 64613CGH5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  12700000 | PA      | $13005306.98  | 0.37%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453B3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10205461.90  | 0.29%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                | DALLAS TX                                                    | CUSIP: 235219VG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8374481.84   | 0.24%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL FAC REVENUE                           | CUSIP: 74446DAH1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1468277.93   | 0.04%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   7866549 | PA      | $6433779.82   | 0.18%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Morrow OR                                                                | PORT OF MORROW OR                                            | CUSIP: 73473RFG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7860000 | PA      | $7895857.87   | 0.22%             | 2026-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                               | CUSIP: 48542RU93<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |  26824996 | PA      | $27148929.81  | 0.76%             | 2050-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University Health System Authority                         | VIRGINIA ST CMWLTH UNIV HLTH SYS AUTH REVENUE                | CUSIP: 92778LDK3<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2210338.60   | 0.06%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma/The                                                       | UNIV OK REVENUES                                             | CUSIP: 91476PZU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $519229.70    | 0.01%             | 2054-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YCB9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $873325.00    | 0.02%             | 2020-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Denver City & County School District No 1                                        | DENVER CITY & CNTY CO SCH DIST #1                            | CUSIP: 249174ZL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6990000 | PA      | $7546723.37   | 0.21%             | 2047-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| University of Oregon                                                             | UNIV OF OREGON OR GEN REVENUE                                | CUSIP: 914767AD0<br>LEI: 549300FHOP2K4GYRPY40 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10060180.70  | 0.28%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | GEISINGER PA AUTH HLTH SYS REVENUE                           | CUSIP: 368497JV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5985000 | PA      | $5030572.59   | 0.14%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $13030510.00  | 0.37%             | 2053-06-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Great Lakes Water Authority Sewage Disposal System Revenue                       | GREAT LAKES MI WTR AUTH SEWAGE DISPOSAL SYS REVENUE          | CUSIP: 39081HFF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4559238.51   | 0.13%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds                                                        | BlackRock Liquidity Funds: MuniCash, Institutional Shares    | CUSIP: 09248U841<br>LEI: 5493007YVNX55LTRQ706 | Long             | STIV             | RF                | US        |  27149591 | NS      | $27152306.07  | 0.76%             |  |  |  | No            |                  1 | On Loan: No      |
| City of Charleston SC Waterworks & Sewer System Revenue                          | CHARLESTON SC WTRWKS & SWR REVENUE                           | CUSIP: 160429XV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5955000 | PA      | $6070814.27   | 0.17%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REV                              | CUSIP: 64577XEE2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2318349.68   | 0.07%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                              | LEANDER TX INDEP SCH DIST                                    | CUSIP: 521841S80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3545000 | PA      | $3639687.13   | 0.10%             | 2050-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas City Industrial Development Authority                                     | KANSAS CITY MO INDL DEV AUTH MF                              | CUSIP: 48504RAA8<br>LEI: 549300QWDXL46XQC8110 | Long             | DBT              | MUN               | US        |   7488863 | PA      | $7066345.10   | 0.20%             | 2042-09-01      | Fixed         | 4.39%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                        | ATLANTA GA ARPT REVENUE                                      | CUSIP: 04780MF61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9970789.30   | 0.28%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH LTD OBLIG REVENUE                       | CUSIP: 594479HQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   4020000 | PA      | $1750308.04   | 0.05%             | 2057-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH HLTH SYS REVENUE                         | CUSIP: 45470YFK2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   8060000 | PA      | $8129897.13   | 0.23%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Celebration Pointe Community Development District No 1                           | CELEBRATION POINTE CMNTY DEV DIST NO 1 FL SPL ASSMNT REVENUE | CUSIP: 15102HAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $702900.00    | 0.02%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                    | TEXAS ST WTR DEV BRD                                         | CUSIP: 8828546E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1249117.82   | 0.04%             | 2044-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AXK3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4449295.45   | 0.13%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 5905452M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18200000 | PA      | $18790441.85  | 0.53%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multifamily Mortgage Bonds                                                       | City of Dallas Housing Finance Corp                          | CUSIP: 235298CA2<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |   3300000 | PA      | $3235062.27   | 0.09%             | 2043-10-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YNA3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4518843.85   | 0.13%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                         | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT  | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        | 136220000 | PA      | $14640753.96  | 0.41%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | NEW YORK ST DORM AUTH ST PERSONAL INCOME TAX REVENUE         | CUSIP: 64990FYP3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4525965.10   | 0.13%             | 2046-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JNR5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   8350000 | PA      | $8841990.77   | 0.25%             | 2052-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PEW1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $109225.00    | 0.00%             | 2047-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                           | MAINE HLTH & HGR EDUCTNL FACS AUTH REVENUE                   | CUSIP: 56042R8P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18500000 | PA      | $15942224.60  | 0.45%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH SPL REVENUE                             | CUSIP: 63608TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3763000 | PA      | $3781784.86   | 0.11%             | 2033-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BR29<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2847245.97   | 0.08%             | 2042-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SPL FAC REVENUE                           | CUSIP: 74446DAJ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6310000 | PA      | $5034781.81   | 0.14%             | 2054-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH REVENUE                                  | CUSIP: 45506EMM2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1432366.95   | 0.04%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Income Tax Revenue                                          | DIST OF COLUMBIA INCOME TAX SECURED REVENUE                  | CUSIP: 25477GYP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5292698.30   | 0.15%             | 2050-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah Charter School Finance Authority                                            | UTAH ST CHRT SCH FIN AUTH CHRT SCH REVENUE                   | CUSIP: 91754TYT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4930000 | PA      | $4322065.83   | 0.12%             | 2054-06-15      | Fixed         | 5.63%                 | No            |                  2 | On Loan: No      |
| County of Sarasota FL Utility System Revenue                                     | SARASOTA CNTY FL UTILITY SYS REVENUE                         | CUSIP: 803321RL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14795000 | PA      | $15424993.00  | 0.43%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTT5<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10189608.00  | 0.29%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528VFS3<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4126533.80   | 0.12%             | 2055-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbia County Hospital Authority/GA                                            | COLUMBIA CNTY GA HOSP AUTH                                   | CUSIP: 197479AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3443860.88   | 0.10%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                | CALIFORNIA HSG FIN AGY MUNI CTFS                             | CUSIP: 13033DAA3<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |     17775 | PA      | $17847.07     | 0.00%             | 2035-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 5444453D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3916650.86   | 0.11%             | 2055-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KAS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1090904.31   | 0.03%             | 2035-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | NEW YORK CITY NY MUNI WTR FIN AUTH WTR & SWR SYS REVENUE     | CUSIP: 64972GK37<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |  13055000 | PA      | $13577169.06  | 0.38%             | 2053-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SAZ9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  11675000 | PA      | $12086801.30  | 0.34%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Town of Nantucket MA                                                             | NANTUCKET MA                                                 | CUSIP: 6301915L4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1137377.97   | 0.03%             | 2047-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | CHICAGO IL MIDWAY ARPT REVENUE                               | CUSIP: 167562TJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1286445.42   | 0.04%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GGR8<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   6515000 | PA      | $6891206.07   | 0.19%             | 2043-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4871137.25   | 0.14%             | 2054-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pierce County School District No 10 Tacoma                                       | PIERCE CNTY WA SCH DIST #10 TACOMA                           | CUSIP: 720424G46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029544.83   | 0.03%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                          | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                    | CUSIP: 0418066V7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4325000 | PA      | $2972936.28   | 0.08%             | 2062-04-01      | Fixed         | 5.30%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDP7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $1109750.00   | 0.03%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153KF5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2968804.36   | 0.08%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | COLORADO HSG & FIN AUTH MF TAX-EXEMPT MTGE-BACKED SECURITIES | CUSIP: 19648WAD9<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   2630000 | PA      | $2555026.17   | 0.07%             | 2044-03-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA ST DEV FIN AUTH                                     | CUSIP: 6789083V4<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   4950000 | PA      | $4774615.11   | 0.13%             | 2051-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | NORTHWEST TX INDEP SCH DIST                                  | CUSIP: 667826EK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13870000 | PA      | $14164701.58  | 0.40%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WSTWTR SYS REVENUE                | CUSIP: 71883PMN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3471887.04   | 0.10%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hobe-St Lucie Conservancy District                                               | HOBE ST LUCIE CONSERVANCY DIST FL                            | CUSIP: 434043AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1594700.01   | 0.04%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEV3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $880562.50    | 0.02%             | 2036-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE           | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |  12640000 | PA      | $13431574.82  | 0.38%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Orlando Utilities Commission                                                     | ORLANDO FL UTILITIES COMMISSION UTILITY SYS REVENUE          | CUSIP: 686507LE2<br>LEI: 549300EJR7JVMRXL5D66 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10238578.80  | 0.29%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | HOUSTON TX                                                   | CUSIP: 442332DB5<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    535000 | PA      | $573793.46    | 0.02%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 5742186N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10405000 | PA      | $10562965.90  | 0.30%             | 2055-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116HJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3997993.16   | 0.11%             | 2044-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Charleston SC Waterworks & Sewer System Revenue                          | CHARLESTON SC WTRWKS & SWR REVENUE                           | CUSIP: 160429B70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2590365.40   | 0.07%             | 2047-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of Houston of Harris County Texas                                 | PORT HOUSTON TX AUTH                                         | CUSIP: 734262GW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20207960.50  | 0.57%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DWU9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1331776.54   | 0.04%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JNN4<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1931832.62   | 0.05%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $194394.55    | 0.01%             | 2031-09-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Development Authority for Fulton County                                          | FULTON CNTY GA DEV AUTH REVENUE                              | CUSIP: 36005FKC8<br>LEI: 549300533NJL38F4K144 | Long             | DBT              | MUN               | US        |   5085000 | PA      | $4413048.07   | 0.12%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Marble Falls TX                                                          | MARBLE FALLS TX SPL ASSMNT REVENUE                           | CUSIP: 566035AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $858148.42    | 0.02%             | 2051-09-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528VDV8<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5943097.36   | 0.17%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp                                                | TENNESSEE ST ENERGY ACQUISITION CORP GAS REVENUE             | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  13765000 | PA      | $14162896.60  | 0.40%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Westside Haines City Community Development District                              | WESTSIDE HAINES CITY CDD SPL ASSMNT                          | CUSIP: 96150AAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $449724.01    | 0.01%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966Q6Q8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2529555.33   | 0.07%             | 2051-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | PORT AUTH OF NEW YORK & NEW JERSEY NY                        | CUSIP: 73358XHF2<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  39999999 | PA      | $39752067.98  | 1.12%             | 2052-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CF6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  12155000 | PA      | $12578535.02  | 0.35%             | 2054-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783U46<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    920000 | PA      | $865608.66    | 0.02%             | 2044-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 5905452J7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7535000 | PA      | $7917004.38   | 0.22%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT& PWR DIST ELEC SYS REVENUE     | CUSIP: 79574CFQ1<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6419147.50   | 0.18%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                               | CUSIP: 48542RT95<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   6295000 | PA      | $6549076.96   | 0.18%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDZ5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4870000 | PA      | $2349775.00   | 0.07%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Colorado Springs CO Utilities System Revenue                             | COLORADO SPRINGS CO UTILITIES REVENUE                        | CUSIP: 1966324E0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13364526.11  | 0.38%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westside Haines City Community Development District                              | WESTSIDE HAINES CITY CDD SPL ASSMNT                          | CUSIP: 96150AAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1171594.19   | 0.03%             | 2044-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HGG6<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4324004.84   | 0.12%             | 2040-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp/RI                                             | TOBACCO SETTLEMENT FING CORP RI                              | CUSIP: 888809AH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12980000 | PA      | $2305961.25   | 0.06%             | 2052-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Arapahoe County School District No 5 Cherry Creek                                | CHERRY CREEK CO SCH DIST #5                                  | CUSIP: 164555EC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5720000 | PA      | $6146002.78   | 0.17%             | 2043-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YBU8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1690000 | PA      | $815425.00    | 0.02%             | 2020-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Oklahoma/The                                                       | UNIV OK REVENUES                                             | CUSIP: 91476PZS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1288465.52   | 0.04%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YJV2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2943140.49   | 0.08%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SPL FAC REVENUE                  | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2064137.96   | 0.06%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Dorchester SC                                                          | DORCHESTER CNTY SC ASSMNT REVENUE                            | CUSIP: 258149AC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6240000 | PA      | $6296057.29   | 0.18%             | 2051-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                                | TOBACCO SETTLEMENT FING CORP NJ                              | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11300000 | PA      | $11322527.23  | 0.32%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Board of Governors of Colorado State University System                           | COLORADO ST BRD OF GOVERNORS UNIV ENTERPRISE SYS REVENUE     | CUSIP: 1967072G7<br>LEI: 549300MAE3RAIIEIQV71 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1601960.70   | 0.05%             | 2050-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17415000 | PA      | $17647551.20  | 0.50%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Financing Corp                           | DIST OF COLUMBIA TOBACCO SETTLEMENT FING CORP                | CUSIP: 254842BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3645000 | PA      | $915619.52    | 0.03%             | 2046-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Crossings At Fleming Island Community Development District                       | CROSSINGS AT FLEMING ISLAND FL CDD                           | CUSIP: 22763UBK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $1996898.92   | 0.06%             | 2044-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Fort Bend Independent School District                                            | FORT BEND TX INDEP SCH DIST                                  | CUSIP: 346843WN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3640000 | PA      | $3788589.82   | 0.11%             | 2043-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GDM4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   5150000 | PA      | $5375482.24   | 0.15%             | 2055-06-15      | Fixed         | 6.95%                 | No            |                  2 | On Loan: No      |
| Kitsap County School District No 100-C Bremerton                                 | KITSAP CNTY WA SCH DIST #100-C BREMERTON                     | CUSIP: 498044HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1357006.01   | 0.04%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YDS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5570000 | PA      | $5674114.55   | 0.16%             | 2048-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEX9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   6440000 | PA      | $3107300.00   | 0.09%             | 2020-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE               | CUSIP: 45129GGC3<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   5910000 | PA      | $4140439.44   | 0.12%             | 2062-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                | IDAHO ST HLTH FACS AUTH REVENUE                              | CUSIP: 451295G60<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   5600000 | PA      | $5761961.74   | 0.16%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                     | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1543942.85   | 0.04%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                     | PRINCE GEORGES CNTY MD COPS                                  | CUSIP: 741705HL4<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3673190.82   | 0.10%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL ENERGY SUPPLY REVE | CUSIP: 84136HBT9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5480000 | PA      | $5678088.52   | 0.16%             | 2055-03-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | NEW JERSEY ST TRANSPRTN TRUSTFUND AUTH                       | CUSIP: 64613CFM5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2518786.72   | 0.07%             | 2046-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Gainesville FL Utilities System Revenue                                  | GAINESVILLE FL UTILITIES SYS REVENUE                         | CUSIP: 362848UV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022474.22   | 0.06%             | 2051-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon                                                                  | OREGON ST                                                    | CUSIP: 68609UFL4<br>LEI: 549300R5SUGZRD8KP359 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2051981.20   | 0.06%             | 2048-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH CHRT SCH LEASE REVENUE           | CUSIP: 130486AH6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000215.68   | 0.03%             | 2034-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Harbor Bay Community Development District                                        | HARBOR BAY FL CDD CAPITAL IMPT REVENUE                       | CUSIP: 411466AN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $899746.79    | 0.03%             | 2034-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KCJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $378374.27    | 0.01%             | 2039-05-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Building Authority                                      | NEW MEMPHIS ARENA PUBLIC BLDG AUTH TN                        | CUSIP: 64704CAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $592155.31    | 0.02%             | 2029-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                                | CHARLOTTE NC WTR & SWR SYS REVENUE                           | CUSIP: 161045RU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15525185.40  | 0.44%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Midland Independent School District                                              | MIDLAND TX INDEP SCH DIST                                    | CUSIP: 5977833F4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5146327.20   | 0.14%             | 2047-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA FIN AUTH IN WSTWTR UTIL REVENUE                      | CUSIP: 45505MNG7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5139542.40   | 0.14%             | 2047-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   9420000 | PA      | $9858551.21   | 0.28%             | 2032-07-15      | Floating      | 12.00%                | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | SAN ANTONIO TX ELEC & GAS REVENUE                            | CUSIP: 79625GGT4<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5255173.85   | 0.15%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BL33<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   4080000 | PA      | $4134777.39   | 0.12%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAE5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4680560 | PA      | $2258370.20   | 0.06%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| City of El Paso TX Water & Sewer Revenue                                         | EL PASO TX WTR & SWR REVENUE                                 | CUSIP: 283822YB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17500000 | PA      | $18032120.31  | 0.51%             | 2049-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | KANSAS ST DEPT OF TRANSPRTN HIGHWAY REVENUE                  | CUSIP: 485424UE3<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2154488.03   | 0.06%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                  | TEXAS ST DEPT OF HSG & CMNTY AFFAIRS RESDL MTG REVENUE       | CUSIP: 882750VA7<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3775830.65   | 0.11%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Salt River Project Agricultural Improvement & Power District                     | SALT RIVER AZ PROJ AGRIC IMPT& PWR DIST ELEC SYS REVENUE     | CUSIP: 79574CFC2<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12651278.64  | 0.36%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | TRIBOROUGH NY BRIDGE & TUNNEL AUTH PAYROLL MOBILITY TAX      | CUSIP: 89602HDR5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  23785000 | PA      | $24416990.52  | 0.69%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                          | MIAMI-DADE CNTY FL SEAPORT REVENUE                           | CUSIP: 59335KEY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1155451.95   | 0.03%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Douglas County School District No Re-1 Douglas & Elbert Counties                 | DOUGLAS CNTY CO SCH DIST #RE-1 DOUGLAS & ELBERT CNTYS        | CUSIP: 258885S60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9980000 | PA      | $10485283.21  | 0.29%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | NEW YORK CITY NY TRANSITIONAL FIN AUTH REVENUE               | CUSIP: 64971X4F2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13314998 | PA      | $13783799.64  | 0.39%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP                                      | CUSIP: 340618DY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  20225000 | PA      | $20718646.34  | 0.58%             | 2059-07-15      | Floating      | 10.00%                | No            |                  2 | On Loan: No      |
| Lower Magnolia Green Community Development Authority                             | LOWER MAGNOLIA GREEN VA CMNTY DEV AUTH SPL ASSMNT            | CUSIP: 548207AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2644928.02   | 0.07%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  58575000 | PA      | $56526792.16  | 1.59%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17420000 | PA      | $17255520.53  | 0.48%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | TRIBOROUGH NY BRIDGE & TUNNEL AUTH SALES TAX REVENUE         | CUSIP: 896035CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2254173.10   | 0.06%             | 2058-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YCX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2605951.74   | 0.07%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Lauderdale FL Water & Sewer Revenue                                 | FORT LAUDERDALE FL WTR & SWR REVENUE                         | CUSIP: 347658C20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3260000 | PA      | $3438479.98   | 0.10%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD PROJ REVENUE                                    | CUSIP: 05922KK99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9090000 | PA      | $9189323.43   | 0.26%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Plains Energy Project                                                    | CENTRL PLAINS ENERGY PROJ NE GAS PROJ REVENUE                | CUSIP: 154871CU9<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   4715000 | PA      | $4889798.77   | 0.14%             | 2053-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisville and Jefferson County Metropolitan Sewer District                      | LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST SWR & DRAIN SYS  | CUSIP: 5465892B7<br>LEI: 5493004O4I11L8BK0A22 | Long             | DBT              | MUN               | US        |  11995000 | PA      | $12225582.88  | 0.34%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                            | TENNESSEE ST SCH BOND AUTH                                   | CUSIP: 880558QJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6520000 | PA      | $6702250.30   | 0.19%             | 2047-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                      | OHIO ST HSG FIN AGY RSDL MTGE REVENUE                        | CUSIP: 67756Q4R5<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3645581.37   | 0.10%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                              | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE        | CUSIP: 51265KAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4965000 | PA      | $4839961.34   | 0.14%             | 2046-05-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Shadowlawn Community Development District                                        | SHADOWLAWN CDD FL SPL ASSMNT REVENUE                         | CUSIP: 818820AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1483207.11   | 0.04%             | 2044-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Austin Community College District                                                | AUSTIN TX CMNTY CLG DIST                                     | CUSIP: 052403KJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8435000 | PA      | $8668809.43   | 0.24%             | 2053-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP REVENUE                        | CUSIP: 64966WHK6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   7570000 | PA      | $7459554.91   | 0.21%             | 2053-02-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Indiana Municipal Power Agency                                                   | INDIANA ST MUNI PWR AGY                                      | CUSIP: 454898YV3<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |  13025000 | PA      | $13642462.24  | 0.38%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAG0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   6867195 | PA      | $3313421.59   | 0.09%             | 2019-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Mohegan Tribal Finance Authority                                                 | MOHEGAN TRIBAL CT FIN AUTH                                   | CUSIP: 608327AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3014296.05   | 0.08%             | 2045-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                     | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                   | CUSIP: 64972JTC2<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5159407.05   | 0.15%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Greensboro NC Combined Water & Sewer System Revenue                      | GREENSBORO NC ENTERPRISE SYS REVENUE                         | CUSIP: 395468PH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6290000 | PA      | $6534520.67   | 0.18%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEQ4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   6025000 | PA      | $2907062.50   | 0.08%             | 2018-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445SV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9500000 | PA      | $9801323.09   | 0.28%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DTN9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4685000 | PA      | $4872156.24   | 0.14%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                 | NEW YORK ST THRUWAY AUTH                                     | CUSIP: 6500092H5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2041105.96   | 0.06%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CALIF CITY &CNTY ARPTS COMMN INTL ARPT REV     | CUSIP: 79766DWX3<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   9785000 | PA      | $9974843.38   | 0.28%             | 2049-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                             | BABCOCK RANCH CMNTY INDEP SPL DIST FL SPL ASSMNT REVENUE     | CUSIP: 05616KBU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1306749.35   | 0.04%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966QVV9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1753392.18   | 0.05%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Antonio Water System                                                         | SAN ANTONIO TX WTR REVENUE                                   | CUSIP: 79642GQL9<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   7005000 | PA      | $7295117.05   | 0.21%             | 2048-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | PORT OF PORTLAND OR ARPT REVENUE                             | CUSIP: 7352403J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4137196.64   | 0.12%             | 2048-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Worthington City School District                                                 | WORTHINGTON OH CITY SCH DIST                                 | CUSIP: 982038TK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5010959.91   | 0.14%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YES0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $482500.00    | 0.01%             | 2020-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEF8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $632075.00    | 0.02%             | 2035-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TDB0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $26808426.00  | 0.75%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   9280467 | PA      | $6274825.45   | 0.18%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH CMWLTH MTGE                         | CUSIP: 92812U6J2<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    680000 | PA      | $647527.40    | 0.02%             | 2044-10-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YEM3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  18870287 | PA      | $9104913.48   | 0.26%             | 2018-07-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Hanover County Economic Development Authority                                    | HANOVER CNTY VA ECON DEV AUTHRSDL CARE FAC REVENUE           | CUSIP: 41077CBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1531757.97   | 0.04%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Oregon Housing & Community Services Department                          | OREGON ST HSG & CMNTY SVCS DEPT MF REVENUE                   | CUSIP: 68608EMW9<br>LEI: 549300N3PYWYJ0Z8N757 | Long             | DBT              | MUN               | US        |    165000 | PA      | $149836.76    | 0.00%             | 2043-07-01      | Fixed         | 4.13%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | DALLAS-FORT WORTH TX INTERNATIONAL ARPT REVENUE              | CUSIP: 23503CEJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3126375.96   | 0.09%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YAA3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  12285000 | PA      | $5927512.50   | 0.17%             | 2031-07-01      | Floating      | 1.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSW7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    375000 | PA      | $379575.83    | 0.01%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                 | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                 | CUSIP: 34061UJE9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  11970000 | PA      | $8515969.36   | 0.24%             | 2056-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Norfolk VA Water Revenue                                                 | NORFOLK VA WTR REVENUE                                       | CUSIP: 656009PJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5230000 | PA      | $5388036.01   | 0.15%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                             | PORT BEAUMONT TX NAV DIST DOCK& WHARF FAC REVENUE            | CUSIP: 73360CAS3<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20474726.80  | 0.58%             | 2026-07-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority Dedicated Revenue                 | WASHINGTON DC MET AREA TRANSIT AUTH DEDICATED REVENUE        | CUSIP: 93878YDR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3945000 | PA      | $4035010.66   | 0.11%             | 2045-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDG7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  16625000 | PA      | $8021562.50   | 0.23%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TPR8<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8668350.20   | 0.24%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YFM2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   7443786 | PA      | $3591626.75   | 0.10%             | 2020-07-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Westvaco Corp                                                                    | WESTVACO CORP NY                                             | CUSIP: 961548AR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3179157.01   | 0.09%             | 2027-01-15      | Fixed         | 7.67%                 | No            |                  2 | On Loan: No      |
| North AR-1 Pasco Community Development District                                  | NORTH AR-1 PASCO CDD FL CAPITAL IMPT REVENUE                 | CUSIP: 65725AAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $934784.57    | 0.03%             | 2054-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                  | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                  | CUSIP: 45528U7V7<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3460886.10   | 0.10%             | 2048-02-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                         | CHESTER CNTY PA HLTH & EDU FACS AUTH REVENUE                 | CUSIP: 165579EW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1234961.36   | 0.03%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSY3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    195000 | PA      | $195019.93    | 0.01%             | 2054-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   6482150 | PA      | $6097753.06   | 0.17%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Tobacco Securitization Corp                                             | NTHRN AK TOBACCO SECURITIZATION CORP TOBACCO SETTLEMENT REVE | CUSIP: 66585VBY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $821884.99    | 0.02%             | 2050-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Mooresville NC                                                           | MOORESVILLE NC SPL ASSMNT REVENUE                            | CUSIP: 616129AA0<br>LEI: 549300ISWSZ083ZKZF60 | Long             | DBT              | MUN               | US        |    635000 | PA      | $628183.61    | 0.02%             | 2040-03-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934N9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1913639.76   | 0.05%             | 2042-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153KB4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |  11920000 | PA      | $12183171.79  | 0.34%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                     | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                      | CUSIP: 592190NK4<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   5130000 | PA      | $5211609.48   | 0.15%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Building Authority                                      | NEW MEMPHIS ARENA PUBLIC BLDG AUTH TN                        | CUSIP: 64704CAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $606726.15    | 0.02%             | 2031-04-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526YDT9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   8495000 | PA      | $4098837.50   | 0.12%             | 2026-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Celina TX                                                                | CELINA TX SPL ASSESSMENT REVENUE                             | CUSIP: 15114CJU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1200824.01   | 0.03%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority                                         | CALIFORNIA ST STWD FING AUTH TOBACCO SETTLEMENT              | CUSIP: 130923BQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10750000 | PA      | $632715.87    | 0.02%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS SPLY REVENUE               | CUSIP: 09182NCT5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9572978.25   | 0.27%             | 2053-12-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC | CUSIP: 74528LAC5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1790000 | PA      | $1995787.46   | 0.06%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-06-30

**Name of Applicant:** BlackRock Municipal Series Trust

**Signature:** Chuck Pulsfort

**Name of Signer:** Chuck Pulsfort

**Title:** Assistant Treasurer