# EDGAR Filing Document

**Accession Number:** 0000778365
**File Stem:** 0001410368-26-040140
**Filing Date:** 2026-4
**Character Count:** 99338
**Document Hash:** 3457f35fa0b35a2320f420f533066ab2
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-040140.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001410368-26-040140

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Municipals Trust
- **CENTRAL INDEX KEY:** 0000778365

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04409
- **FILM NUMBER:** 26892212

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE HIGH YIELD MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19910203

## Series and Classes Contracts Data

### Eaton Vance North Carolina Municipal Income Fund (Series ID: S000004850)

| Class ID   | Class Name                                               | Ticker Symbol   |
|:---|:---|:---|
| C000013136 | Eaton Vance North Carolina Municipal Income Fund Class A | ETNCX           |
| C000013138 | Eaton Vance North Carolina Municipal Income Fund Class C | ECNCX           |
| C000063950 | Eaton Vance North Carolina Municipal Income Fund Class I | EINCX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Eaton Vance Municipals Trust

- **b. Investment Company Act file number:** 811-04409

- **c. CIK number of Registrant:** 0000778365

- **d. LEI of Registrant:** 549300URENTSNA53MO13

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

  - **Street Address 1:** One Post Office Square

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

  - **Telephone number:** 617-482-8260

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

- **a. Name of Series:** Eaton Vance North Carolina Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000004850

- **c. LEI of Series:** 549300TRNSPMC6ISX220

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

- **a. Date of fiscal year-end:** 2026-08-31

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $267177737.43

**Total Liabilities:** $6675258.72

**Net Assets:** $260502478.71

**Delayed Delivery Securities:** $5760410.05

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -502.47000000 | **1-Year:** -7853.11000000 | **5-Year:** -31152.01000000 | **10-Year:** -94059.30000000 | **30-Year:** -27594.24000000

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

- **3-Month:** -17.42000000 | **1-Year:** -770.53000000 | **5-Year:** -2543.87000000 | **10-Year:** -4062.36000000 | **30-Year:** -1533.48000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013138 | 0.00%                | 0.74%                | 1.19%                |
| Class ID C000013136 | 0.16%                | 0.73%                | 1.32%                |
| Class ID C000063950 | 0.18%                | 0.74%                | 1.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $129267.05               | $-436187.37                                |
| Month 2  | $370260.83               | $756274.57                                 |
| Month 3  | $259369.67               | $2519113.99                                |

**Designated Index Information**

- **Index Name:** BB Barclays Municipal Bd

- **Index Identifier:** MBINDEX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Duke University                                                                 | DUKE UNIV NC                                                 | CUSIP: 264416AN8<br>LEI: FY5ICUIRRDCHN4HHL592 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1561388.08   | 0.60%             | 2037-04-01      | Fixed         | 5.85%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                            | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526Q2V3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1367641.95   | 0.53%             | 2034-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cape Fear Public Utility Authority                                              | CAPE FEAR NC PUBLIC UTILITY AUTH WTR & SWR SYS REVENUE       | CUSIP: 139391GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $452295.52    | 0.17%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $480789.80    | 0.18%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTQ9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    410000 | PA      | $410755.38    | 0.16%             | 2029-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Town of Wake Forest NC                                                          | WAKE FOREST NC                                               | CUSIP: 930897LD3<br>LEI: 5493008F7RLN22R46U25 | Long             | DBT              | MUN               | US        |     70000 | PA      | $74374.50     | 0.03%             | 2039-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                               | CHARLOTTE NC WTR & SWR SYS REVENUE                           | CUSIP: 161045NZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6475000 | PA      | $6630731.52   | 2.55%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898GR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $20453.70     | 0.01%             | 2044-10-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YVD5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    535000 | PA      | $568777.44    | 0.22%             | 2045-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Town of Wake Forest NC                                                          | WAKE FOREST NC                                               | CUSIP: 930897LH4<br>LEI: 5493008F7RLN22R46U25 | Long             | DBT              | MUN               | US        |    905000 | PA      | $931985.74    | 0.36%             | 2043-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                    | CHARLOTTE-MECKLENBURG NC HOSPAUTH HLTH CARE SYS REVENUE      | CUSIP: 160853UL9<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |    830000 | PA      | $830000.00    | 0.32%             | 2048-01-15      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $482889.23    | 0.19%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC                                                              | RALEIGH NC LTD OBLIG                                         | CUSIP: 751120GY6<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    340000 | PA      | $399761.77    | 0.15%             | 2041-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618DM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $29320.28     | 0.01%             | 2050-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Raleigh Durham Airport Authority                                                | RALEIGH DURHAM NC ARPT AUTH ARPT REVENUE                     | CUSIP: 751073MD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2372311.04   | 0.91%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sampson NC                                                            | SAMPSON CNTY NC LIMITED OBLIG                                | CUSIP: 79588VCC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    460000 | PA      | $543400.58    | 0.21%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Chapel Hill                                     | UNIV OF NORTH CAROLINA NC HOSP CHAPEL HILL REVENUE           | CUSIP: 91471FAW5<br>LEI: 5493004DU2QADMVXVR58 | Long             | DBT              | MUN               | US        |   3340000 | PA      | $3340000.00   | 1.28%             | 2031-02-15      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YUM6<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    810000 | PA      | $833539.33    | 0.32%             | 2045-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Greenville Utilities Commission                                                 | GREENVILLE NC COMB ENTERPRISE SYS REVENUE                    | CUSIP: 396290DW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4808100.78   | 1.85%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Chapel Hill                                     | UNIV OF NORTH CAROLINA NC AT CHAPEL HILL  REVENUE            | CUSIP: 914713W99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3424591.06   | 1.31%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nash Health Care Systems                                                        | NASH HLTH CARE SYS NC HLTH CARE FACS REVENUE                 | CUSIP: 631163BM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $1039658.14   | 0.40%             | 2044-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Johnston NC                                                           | JOHNSTON CNTY NC                                             | CUSIP: 479340YF2<br>LEI: 5493003J6KNUY7E7SF98 | Long             | DBT              | MUN               | US        |    200000 | PA      | $209805.80    | 0.08%             | 2040-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC Combined Enterprise System Revenue                           | RALEIGH NC COMB ENTERPRISE SYS REVENUE                       | CUSIP: 751100PF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1440449.88   | 0.55%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 657902U91<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 1.15%             | 2034-11-01      | Floating      | 2.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                        | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680HF9<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    390000 | PA      | $432465.97    | 0.17%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                               | CHARLOTTE NC WTR & SWR SYS REVENUE                           | CUSIP: 161045TD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $954510.67    | 0.37%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $184640.43    | 0.07%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fayetteville NC Public Works Commission Revenue                         | FAYETTEVILLE NC PUBLIC WKS COMMISSION                        | CUSIP: 312805NN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1620000 | PA      | $1639510.79   | 0.63%             | 2049-03-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Central University                                               | NORTH CAROLINA ST CENTRL UNIV                                | CUSIP: 65819PCL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149132.55    | 0.06%             | 2034-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $200829.74    | 0.08%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onslow Water & Sewer Authority                                                  | ONSLOW NC WTR & SWR AUTH COMB ENTERPRISES SYS REVENUE        | CUSIP: 682852ER5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $48512.23     | 0.02%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                        | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680JA8<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    180000 | PA      | $207623.92    | 0.08%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Fear Public Utility Authority                                              | CAPE FEAR NC PUBLIC UTILITY AUTH WTR & SWR SYS REVENUE       | CUSIP: 139391EX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2176654.41   | 0.84%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $497425.36    | 0.19%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                        | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680GW3<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    690000 | PA      | $824216.73    | 0.32%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                            | CHARLOTTE NC ARPT REVENUE                                    | CUSIP: 161036MJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5053157.50   | 1.94%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Union NC Enterprise System Revenue                                    | UNION CNTY NC ENTERPRISE SYS REVENUE                         | CUSIP: 906400FY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $98380.75     | 0.04%             | 2038-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $265368.36    | 0.10%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                    | CHARLOTTE-MECKLENBURG NC HOSP AUTH HLTH CARE SYS REVENUE     | CUSIP: 160853MS3<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 1.15%             | 2037-01-15      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                  | CUSIP: 02936TAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $378678.34    | 0.15%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Greensboro NC                                                           | GREENSBORO NC LIMITED OBLIG                                  | CUSIP: 395476FH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447909.90    | 0.17%             | 2033-04-01      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| Town of Fuquay-Varina NC Combined Utilities Revenue                             | FUQUAY-VARINA NC COMB UTILITIES REVENUE                      | CUSIP: 36106QDH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $245893.71    | 0.09%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $415385.11    | 0.16%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                        | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680JC4<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |     70000 | PA      | $79472.86     | 0.03%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Burlington NC                                                           | BURLINGTON NC                                                | CUSIP: 121889SX8<br>LEI: 549300TTCJ3UTB6QDT32 | Long             | DBT              | MUN               | US        |    245000 | PA      | $296917.93    | 0.11%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207YN9<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1500539.51   | 0.58%             | 2040-01-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| North Carolina State University at Raleigh                                      | NORTH CAROLINA ST UNIV AT RALEIGH                            | CUSIP: 658289L43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1661762.60   | 0.64%             | 2039-10-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| County of Brunswick NC                                                          | BRUNSWICK CNTY NC                                            | CUSIP: 117061XQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $21203.40     | 0.01%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                            | CHARLOTTE NC ARPT REVENUE                                    | CUSIP: 161036NE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017196.40   | 0.39%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY                                | CUSIP: 65821FKX3<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    975000 | PA      | $999501.07    | 0.38%             | 2040-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                               | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RAR0<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   6470000 | PA      | $4892560.95   | 1.88%             | 2035-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                    | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE             | CUSIP: 39160CAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $226444.22    | 0.09%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618CM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1117981.70   | 0.43%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898GN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $658088.36    | 0.25%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Durham NC Water & Sewer Utility System Revenue                          | DURHAM NC UTILITY SYS REVENUE                                | CUSIP: 266818DQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $400201.32    | 0.15%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greenville Utilities Commission                                                 | GREENVILLE NC UTILITIES COMMISSION COMB ENTERPRISE SYS REVEN | CUSIP: 396321ER8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $116965.50    | 0.04%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Charlotte/The                                   | UNIV OF NORTH CAROLINA NC AT CHARLOTTE                       | CUSIP: 914716H73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4785319.10   | 1.84%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                               | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RCK3<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2607931.00   | 1.00%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cabarrus NC                                                           | CABARRUS CNTY NC LTD OBLIG                                   | CUSIP: 12677REE3<br>LEI: 549300HVGPJDNBDPZV71 | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2727479.76   | 1.05%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cabarrus NC                                                           | CABARRUS CNTY NC LTD OBLIG                                   | CUSIP: 12677RFG7<br>LEI: 549300HVGPJDNBDPZV71 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2458077.46   | 0.94%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE            | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3030000 | PA      | $2974031.36   | 1.14%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Mooresville NC                                                          | MOORESVILLE NC LTD OBLIG                                     | CUSIP: 616126BY3<br>LEI: 549300ISWSZ083ZKZF60 | Long             | DBT              | MUN               | US        |    530000 | PA      | $579898.18    | 0.22%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582074F9<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2060000.00   | 0.79%             | 2049-07-01      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC                                                              | RALEIGH NC LTD OBLIG                                         | CUSIP: 751120GT7<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    200000 | PA      | $238323.24    | 0.09%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $374629.64    | 0.14%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618CL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $847511.25    | 0.33%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    750000 | PA      | $833421.00    | 0.32%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DWK3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2390419.28   | 0.92%             | 2049-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC                                                              | RALEIGH NC LTD OBLIG                                         | CUSIP: 751120GV2<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $585377.10    | 0.22%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                    | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE             | CUSIP: 39160CAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072174.50   | 0.41%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Durham NC Water & Sewer Utility System Revenue                          | DURHAM NC UTILITY SYS REVENUE                                | CUSIP: 266818DP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $665312.32    | 0.26%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Johnston NC Water & Sewer System Revenue                              | JOHNSTON CNTY NC WTR & SWR REVENUE                           | CUSIP: 479357CG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $857926.71    | 0.33%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Onslow Water & Sewer Authority                                                  | ONSLOW NC WTR & SWR AUTH COMB ENTERPRISES SYS REVENUE        | CUSIP: 682852DU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1130850.55   | 0.43%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Educational Facilities Finance Agency                            | NORTH CAROLINA ST EDUCTNL FACS FIN AGY                       | CUSIP: 657903FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $980000.00    | 0.38%             | 2027-06-01      | Floating      | 1.70%                 | No            |                  2 | On Loan: No      |
| City of Hendersonville NC Water & Sewer System Revenue                          | HENDERSONVILLE NC WTR & SWR SYS REVENUE                      | CUSIP: 42538PAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $149881.98    | 0.06%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618CN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1124752.56   | 0.43%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Dare NC                                                               | DARE CNTY NC LIMITED OBLIG                                   | CUSIP: 23720EFQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $59602.06     | 0.02%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Chapel Hill                                     | UNIV OF NORTH CAROLINA NC AT CHAPEL HILL  REVENUE            | CUSIP: 914713W81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3790000 | PA      | $4056650.38   | 1.56%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTK2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1114509.94   | 0.43%             | 2049-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC Combined Enterprise System Revenue                           | RALEIGH NC COMB ENTERPRISE SYS REVENUE                       | CUSIP: 751100PE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $1019205.95   | 0.39%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Durham NC Water & Sewer Utility System Revenue                          | DURHAM NC UTILITY SYS REVENUE                                | CUSIP: 266818DN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $828782.36    | 0.32%             | 2043-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                            | CHARLOTTE NC ARPT REVENUE                                    | CUSIP: 161036VH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $352131.48    | 0.14%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Multifamily Mortgage Bonds                                                      | Housing Authority of the City of Raleigh North Carolina      | CUSIP: 751115BV7<br>LEI: N/A                  | Long             | ABS-MBS          | CORP              | US        |    965000 | PA      | $996112.08    | 0.38%             | 2043-12-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898HM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160130.94    | 0.06%             | 2045-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                             | NORTH CAROLINA ST EDU ASSISTANCE AUTH                        | CUSIP: 658262HC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1886387.35   | 0.72%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DUW9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2025279.20   | 0.78%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                             | NORTH CAROLINA ST EDU ASSISTANCE AUTH                        | CUSIP: 658262GW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2042661.24   | 0.78%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Carolina University                                                        | EAST CAROLINA NC UNIV                                        | CUSIP: 271371XP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $59998.50     | 0.02%             | 2037-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618EH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1093320.80   | 0.42%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                        | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680JB6<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    400000 | PA      | $458474.12    | 0.18%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618CP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2006962.00   | 0.77%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898HK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $254053.24    | 0.10%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                    | CHARLOTTE-MECKLENBURG NC HOSPAUTH HLTH CARE SYS REVENUE      | CUSIP: 160853UN5<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   4390000 | PA      | $4390000.00   | 1.69%             | 2048-01-15      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YQC3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510663.00    | 0.20%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTJ5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1314023.00   | 0.50%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lee NC                                                                | LEE CNTY NC                                                  | CUSIP: 523714PZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $423776.37    | 0.16%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DZT1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2234541.00   | 0.86%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Onslow NC                                                             | ONSLOW CNTY NC LTD OBLIG                                     | CUSIP: 68285TGT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $744226.38    | 0.29%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC                                                            | CHARLOTTE NC COPS                                            | CUSIP: 1610373L8<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    675000 | PA      | $673022.39    | 0.26%             | 2036-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YQE9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020989.70   | 0.39%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                  | CUSIP: 02936TAH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $207296.76    | 0.08%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC                                                            | CHARLOTTE NC COPS                                            | CUSIP: 1610374J2<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   1390000 | PA      | $1176338.51   | 0.45%             | 2037-12-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YUG9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    245000 | PA      | $261809.55    | 0.10%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fayetteville NC Public Works Commission Revenue                         | FAYETTEVILLE NC PUBLIC WKS COMMISSION                        | CUSIP: 312805NK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2535000 | PA      | $2699259.63   | 1.04%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YVA1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2028007.22   | 0.78%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YUF1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    565000 | PA      | $610304.41    | 0.23%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Mebane NC Combined Utilities Revenue                                    | MEBANE NC COMB UTILS REVENUE                                 | CUSIP: 583445AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1382981.31   | 0.53%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898GJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $702070.25    | 0.27%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207X26<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1580351.09   | 0.61%             | 2043-07-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Western Carolina University                                                     | WSTRN CAROLINA NC UNIV                                       | CUSIP: 957897ME8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $234496.14    | 0.09%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSP2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    825000 | PA      | $747199.94    | 0.29%             | 2047-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSR8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    995000 | PA      | $975909.43    | 0.37%             | 2041-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina System                                             | UNIV OF NORTH CAROLINA NC SYS                                | CUSIP: 9147208R1<br>LEI: 5493004DU2QADMVXVR58 | Long             | DBT              | MUN               | US        |     35000 | PA      | $35029.24     | 0.01%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buncombe County Metropolitan Sewerage District                                  | BUNCOMBE CNTY NC MET SEWERAGEDIST SWR SYS REVENUE            | CUSIP: 120532JY3<br>LEI: 254900U5AA2F4DQUFZ71 | Long             | DBT              | MUN               | US        |    540000 | PA      | $541224.94    | 0.21%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DZX2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 1.54%             | 2055-06-01      | Floating      | 1.85%                 | No            |                  2 | On Loan: No      |
| Town of Fuquay-Varina NC Combined Utilities Revenue                             | FUQUAY-VARINA NC COMB UTILITIES REVENUE                      | CUSIP: 36106QCL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3160000 | PA      | $3209311.17   | 1.23%             | 2043-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Johnston NC                                                           | JOHNSTON CNTY NC                                             | CUSIP: 479340YG0<br>LEI: 5493003J6KNUY7E7SF98 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1127010.87   | 0.43%             | 2041-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Fuquay-Varina NC Combined Utilities Revenue                             | FUQUAY-VARINA NC COMB UTILITIES REVENUE                      | CUSIP: 36106QCM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $316064.79    | 0.12%             | 2044-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                               | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RDA4<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |    970000 | PA      | $992615.26    | 0.38%             | 2058-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Watauga Public Facilities Corp                                                  | WATAUGA NC PUBLIC FACS CORP                                  | CUSIP: 94109SBR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1120628.40   | 0.43%             | 2040-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wilmington Housing Authority                                                    | WILMINGTON NC HSG AUTH MF REVENUE                            | CUSIP: 971696AK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1784653.52   | 0.69%             | 2044-05-01      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                               | NORTH CAROLINA ST TURNPIKE AUTH                              | CUSIP: 65830RBM0<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1190647.95   | 0.46%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Huntersville NC                                                         | HUNTERSVILLE NC                                              | CUSIP: 445798GJ4<br>LEI: 54930087GGCJ3BA5DF20 | Long             | DBT              | MUN               | US        |    865000 | PA      | $916475.11    | 0.35%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds - MuniCash                                            | BlackRock Liquidity Funds - MuniCash                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |   5521808 | NS      | $5522360.15   | 2.12%             |  |  |  | No            |                  2 | On Loan: No      |
| Town of Wake Forest NC                                                          | WAKE FOREST NC                                               | CUSIP: 930897LF8<br>LEI: 5493008F7RLN22R46U25 | Long             | DBT              | MUN               | US        |     40000 | PA      | $42322.65     | 0.02%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Sampson NC                                                            | SAMPSON CNTY NC LIMITED OBLIG                                | CUSIP: 79588VCB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $741932.10    | 0.28%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Wake Forest NC                                                          | WAKE FOREST NC                                               | CUSIP: 930897LG6<br>LEI: 5493008F7RLN22R46U25 | Long             | DBT              | MUN               | US        |    945000 | PA      | $985112.23    | 0.38%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Dare NC                                                               | DARE CNTY NC LIMITED OBLIG                                   | CUSIP: 23720EFP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $323460.89    | 0.12%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                    | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE             | CUSIP: 39160CAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1586709.30   | 0.61%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                | NORTH CAROLINA ST CAPITAL FACS FIN AGY EDUCTNL FACS REVENUE  | CUSIP: 65818PMZ9<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |    800000 | PA      | $812193.36    | 0.31%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898GQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $178211.11    | 0.07%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Concord NC                                                              | CONCORD NC                                                   | CUSIP: 206435NH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1104621.63   | 0.42%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YSK3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    645000 | PA      | $628001.41    | 0.24%             | 2041-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC                                                              | RALEIGH NC LTD OBLIG                                         | CUSIP: 751120HA7<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $575093.20    | 0.22%             | 2043-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC                                                              | RALEIGH NC LTD OBLIG                                         | CUSIP: 751120GZ3<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    675000 | PA      | $783539.87    | 0.30%             | 2042-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                | NORTH CAROLINA ST CAPITAL FACS FIN AGY REVENUE               | CUSIP: 65819GLC0<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1220107.98   | 0.47%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Mooresville NC                                                          | MOORESVILLE NC LTD OBLIG                                     | CUSIP: 616126BX5<br>LEI: 549300ISWSZ083ZKZF60 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1428429.04   | 0.55%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YVE3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    350000 | PA      | $359202.06    | 0.14%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $289597.64    | 0.11%             | 2046-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068536.20   | 0.41%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $362766.33    | 0.14%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA HSG FIN AGY HOMEOWNERSHIP REVENUE             | CUSIP: 65820BAY2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   2240000 | PA      | $2286939.42   | 0.88%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618CK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $850652.85    | 0.33%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charlotte-Mecklenburg Hospital Authority/The                                    | CHARLOTTE-MECKLENBURG NC HOSP AUTH HLTH CARE SYS REVENUE     | CUSIP: 160853MR5<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.77%             | 2038-01-15      | Floating      | 1.90%                 | No            |                  2 | On Loan: No      |
| County of Orange NC                                                             | ORANGE CNTY NC LTD OBLIG                                     | CUSIP: 684566FH0<br>LEI: 254900JK6VDGKKNNKL68 | Long             | DBT              | MUN               | US        |    780000 | PA      | $886755.25    | 0.34%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Durham NC Water & Sewer Utility System Revenue                          | DURHAM NC UTILITY SYS REVENUE                                | CUSIP: 266818BR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1046242.86   | 0.40%             | 2040-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE       | CUSIP: 837032CB5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2691792.25   | 1.03%             | 2048-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Lee NC                                                                | LEE CNTY NC                                                  | CUSIP: 523714QD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $624247.57    | 0.24%             | 2043-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Wake Forest NC                                                          | WAKE FOREST NC                                               | CUSIP: 930897LE1<br>LEI: 5493008F7RLN22R46U25 | Long             | DBT              | MUN               | US        |    315000 | PA      | $333906.49    | 0.13%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                        | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680JD2<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    405000 | PA      | $415391.00    | 0.16%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority | CUMBERLAND CNTY NC INDL FACS & POLL CONTROL FING AUTH SOL WS | CUSIP: 230589AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501165.05   | 0.58%             | 2027-12-01      | Floating      | 3.12%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                               | WAKE CNTY NC LIMITED OBLIG                                   | CUSIP: 930876JK4<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |     45000 | PA      | $51604.54     | 0.02%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cape Fear Public Utility Authority                                              | CAPE FEAR NC PUBLIC UTILITY AUTH WTR & SWR SYS REVENUE       | CUSIP: 139391GB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $475276.06    | 0.18%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Onslow NC                                                             | ONSLOW CNTY NC LTD OBLIG                                     | CUSIP: 68285TGS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $797498.93    | 0.31%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC Combined Enterprise System Revenue                           | RALEIGH NC COMB ENTERPRISE SYS REVENUE                       | CUSIP: 751100PH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $3115509.30   | 1.20%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618EE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     40000 | PA      | $44771.09     | 0.02%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YVL7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047213.80   | 0.40%             | 2046-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC                                                              | RALEIGH NC LTD OBLIG                                         | CUSIP: 751120GU4<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    395000 | PA      | $466807.17    | 0.18%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898HN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125449.66    | 0.05%             | 2046-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207VA0<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1819253.27   | 0.70%             | 2038-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| North Carolina Capital Facilities Finance Agency                                | NORTH CAROLINA ST CAPITAL FACS FIN AGY REVENUE               | CUSIP: 65819GLA4<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1945036.75   | 0.75%             | 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: 65820YRS7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1872084.80   | 0.72%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582077M1<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    575000 | PA      | $586803.49    | 0.23%             | 2044-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| County of Sampson NC                                                            | SAMPSON CNTY NC LIMITED OBLIG                                | CUSIP: 79588VCD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5945.29      | 0.00%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $478880.92    | 0.18%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Huntersville NC                                                         | HUNTERSVILLE NC                                              | CUSIP: 445798GL9<br>LEI: 54930087GGCJ3BA5DF20 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1257238.06   | 0.48%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Onslow NC                                                             | ONSLOW CNTY NC LTD OBLIG                                     | CUSIP: 68285TGR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $523574.01    | 0.20%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                               | WAKE CNTY NC                                                 | CUSIP: 930864CP6<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |    180000 | PA      | $166821.19    | 0.06%             | 2037-11-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Greensboro                                      | UNIV OF NORTH CAROLINA NC AT GREENSBORO                      | CUSIP: 914719VA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $920404.35    | 0.35%             | 2035-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC                                                            | CHARLOTTE NC COPS                                            | CUSIP: 161037W28<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1216949.26   | 0.47%             | 2037-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898HH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $230218.70    | 0.09%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618ED8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $209090.31    | 0.08%             | 2042-06-01      | Fixed         | 5.00%                 | 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        |   1400000 | PA      | $1539502.86   | 0.59%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC                                                              | RALEIGH NC LTD OBLIG                                         | CUSIP: 751120HB5<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    430000 | PA      | $487815.48    | 0.19%             | 2044-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 657902V25<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3400000.00   | 1.31%             | 2034-11-01      | Floating      | 1.85%                 | No            |                  2 | On Loan: No      |
| City of Wilmington NC                                                           | WILMINGTON NC LTD OBLG REVENUE                               | CUSIP: 971697JP3<br>LEI: 549300Y5IY4G3QB69428 | Long             | DBT              | MUN               | US        |    200000 | PA      | $187314.58    | 0.07%             | 2030-06-01      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY                                | CUSIP: 65821FHQ2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    350000 | PA      | $322792.65    | 0.12%             | 2034-07-01      | Fixed         | 2.45%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898HL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    415000 | PA      | $418620.09    | 0.16%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Ashe NC                                                               | ASHE NC                                                      | CUSIP: 043891AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $277592.73    | 0.11%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lee NC                                                                | LEE CNTY NC                                                  | CUSIP: 523714PY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $388720.67    | 0.15%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE    | CUSIP: 65820YTN6<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1935000 | PA      | $2035497.90   | 0.78%             | 2044-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                    | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE             | CUSIP: 39160CBM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2492015.76   | 0.96%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $198393.23    | 0.08%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Wake NC                                                               | WAKE CNTY NC LIMITED OBLIG                                   | CUSIP: 930876FK8<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1899697.99   | 0.73%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Henderson NC                                                          | HENDERSON CNTY NC LTD OBLG                                   | CUSIP: 424898HJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $279574.94    | 0.11%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207TY1<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    480000 | PA      | $480267.36    | 0.18%             | 2041-01-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| County of Onslow NC                                                             | ONSLOW CNTY NC LTD OBLIG                                     | CUSIP: 68285TGV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $352259.79    | 0.14%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of High Point NC Combined Water & Sewer System Revenue                     | HIGH POINT NC COMB ENTERPRISESYS REVENUE                     | CUSIP: 429749JG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5305.99      | 0.00%             | 2041-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $551227.81    | 0.21%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of New Hanover NC                                                        | NEW HANOVER CNTY NC HOSP REVENUE                             | CUSIP: 644804FH4<br>LEI: 549300TDDH9O6TH23823 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044213.10   | 0.40%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $769938.08    | 0.30%             | 2051-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Hendersonville NC Water & Sewer System Revenue                          | HENDERSONVILLE NC WTR & SWR SYS REVENUE                      | CUSIP: 42538PAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $57788.50     | 0.02%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                    | GTR ASHEVILLE REGL ARPT AUTH NC ARPT SYS REVENUE             | CUSIP: 39160CAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2070576.14   | 0.79%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207T62<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1057890.37   | 0.41%             | 2042-07-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Raleigh Housing Authority                                                       | RALEIGH NC HSG AUTH MF REVENUE                               | CUSIP: 751115BX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $255004.60    | 0.10%             | 2043-02-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Town of Carolina Beach NC Enterprise System Revenue                             | CAROLINA BEACH NC ENTERPRISE SYS REVENUE                     | CUSIP: 143813BT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $298248.06    | 0.11%             | 2047-06-01      | 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        |   3575000 | PA      | $3806026.51   | 1.46%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Huntersville NC                                                         | HUNTERSVILLE NC                                              | CUSIP: 445798GK1<br>LEI: 54930087GGCJ3BA5DF20 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1330434.83   | 0.51%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Huntersville NC                                                         | HUNTERSVILLE NC                                              | CUSIP: 445798GM7<br>LEI: 54930087GGCJ3BA5DF20 | Long             | DBT              | MUN               | US        |    830000 | PA      | $844108.76    | 0.32%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Chapel Hill                                     | UNIV OF NORTH CAROLINA AT CHAPEL HILL NC HOSP REVENUE        | CUSIP: 914714CZ1<br>LEI: 5493004DU2QADMVXVR58 | Long             | DBT              | MUN               | US        |   6800000 | PA      | $7693823.28   | 2.95%             | 2049-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE | CUSIP: 65821DYX3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 1.15%             | 2039-10-01      | Floating      | 1.95%                 | No            |                  2 | On Loan: No      |
| City of Sanford NC Utility Systems Revenue                                      | SANFORD NC ENTERPRISE SYS REVENUE                            | CUSIP: 800618CJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $572434.35    | 0.22%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC Water & Sewer System Revenue                           | WINSTON-SALEM NC WTR & SWR SYS REVENUE                       | CUSIP: 975700ML6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5011844.50   | 1.92%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207C86<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $903682.14    | 0.35%             | 2035-07-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                           | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 658207K53<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1044309.60   | 0.40%             | 2029-01-01      | Fixed         | 1.25%                 | No            |                  2 | On Loan: No      |
| City of Raleigh NC Combined Enterprise System Revenue                           | RALEIGH NC COMB ENTERPRISE SYS REVENUE                       | CUSIP: 751100PG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1423623.25   | 0.55%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Water & Sewer System Revenue                               | CHARLOTTE NC WTR & SWR SYS REVENUE                           | CUSIP: 161045RV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $514960.22    | 0.20%             | 2052-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Charlotte NC Airport Revenue                                            | CHARLOTTE NC ARPT REVENUE                                    | CUSIP: 161036XL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $2062188.67   | 0.79%             | 2055-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Western Carolina University                                                     | WSTRN CAROLINA NC UNIV                                       | CUSIP: 957897KN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $978881.13    | 0.38%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Department of Transportation                                     | NORTH CAROLINA DEPT TRANSN    PRIVATE ACTIVITY REVENUE       | CUSIP: 65820FAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2549822.01   | 0.98%             | 2054-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Wilmington                                      | UNIV OF NORTH CAROLINA NC AT WILMINGTON                      | CUSIP: 914722RQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $188842.31    | 0.07%             | 2046-04-01      | Fixed         | 3.00%                 | 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        |   2490000 | PA      | $2542202.85   | 0.98%             | 2054-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| North Carolina Agricultural & Technical State University                        | NORTH CAROLINA ST AGRIC & TECH UNIV                          | CUSIP: 658187JU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3730000 | PA      | $3919033.42   | 1.50%             | 2048-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Onslow NC                                                             | ONSLOW CNTY NC LTD OBLIG                                     | CUSIP: 68285TGU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $165858.92    | 0.06%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of North Carolina at Chapel Hill                                     | UNIV OF NORTH CAROLINA NC AT CHAPEL HILL  REVENUE            | CUSIP: 914713P22<br>LEI: 5493004DU2QADMVXVR58 | Long             | DBT              | MUN               | US        |    995000 | PA      | $935110.05    | 0.36%             | 2036-12-01      | Fixed         | 3.33%                 | No            |                  2 | On Loan: No      |
| County of Cabarrus NC                                                           | CABARRUS CNTY NC LTD OBLIG                                   | CUSIP: 12677RFB8<br>LEI: 549300HVGPJDNBDPZV71 | Long             | DBT              | MUN               | US        |    915000 | PA      | $1072231.95   | 0.41%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-18

**Name of Applicant:** Eaton Vance Municipals Trust

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer