# EDGAR Filing Document

**Accession Number:** 0000795384
**File Stem:** 0001145549-25-046086
**Filing Date:** 2025-7
**Character Count:** 85134
**Document Hash:** 727aecf1f31749bf696bce81d0652bea
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-046086.hdr.sgml**: 20250708

**ACCESSION NUMBER**: 0001145549-25-046086

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250630

**FILED AS OF DATE**: 20250708

**DATE AS OF CHANGE**: 20250708

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price State Tax-Free Funds, Inc.
- **CENTRAL INDEX KEY:** 0000795384

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04521
- **FILM NUMBER:** 251110368

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price State Tax-Free Income Trust
- **DATE OF NAME CHANGE:** 20051028

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE STATE TAX FREE INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE NEW YORK TAX FREE INCOME TRUST
- **DATE OF NAME CHANGE:** 19870416

## Series and Classes Contracts Data

### T. Rowe Price Maryland Tax-Free Money Fund (Series ID: S000002150)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000005546 | T. Rowe Price Maryland Tax-Free Money Fund         | TMDXX           |
| C000193184 | T. Rowe Price Maryland Tax-Free Money Fund-I Class | TWNXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000795384

### General Information

**Report for (YYYY-MM-DD):** 2025-06-30

**Registrant Full Name:** T. ROWE PRICE STATE TAX-FREE FUNDS, INC.

**CIK Number of Registrant:** 0000795384

**LEI of Registrant:** 549300JRGCNK8RONA772

**Name of Series:** T. Rowe Price Maryland Tax-Free Money Fund

**LEI of Series:** 549300FOKGNPWH34VG35

**EDGAR Series Identifier:** S000002150

**Total number of share classes in the series:** 2

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                    | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | T. Rowe Price Associates, Inc.                             | 801-00856         |
| Independent Public Accountant | PricewaterhouseCoopers LLP<br>City: Baltimore<br>State: MD |  |
| Administrator                 | None                                                       |  |
| Transfer Agent                | T. Rowe Price Services, Inc.<br>CIK: 0000703220            | 084-01079         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-06533

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Single State

- **Is this a Retail Money Market Fund?:** Yes

- **Is this a Government Money Market Fund?:** No

- **WAM:** 44 days

- **WAL:** 45 days

- **Total Value of Portfolio Securities:** $109730302.76

- **Amortized Cost of Portfolio Securities:** $109725616.09

- **Cash:** $61583.40

- **Total Other Assets:** $2207188.78

- **Total Liabilities:** $9903131.73

- **Net Assets of Series:** $102091256.54

- **Number of Shares Outstanding (Series):** 101995875.8120

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-06-02 | $12540728.58              | $68384379.62               | 12.0500%                  | 65.7200%                   |
| 2025-06-03 | $11799324.39              | $68443754.34               | 11.3300%                  | 65.7300%                   |
| 2025-06-04 | $13087668.09              | $69228479.05               | 12.4700%                  | 65.9900%                   |
| 2025-06-05 | $12303884.04              | $69294707.67               | 11.7100%                  | 62.4200%                   |
| 2025-06-06 | $12284806.02              | $71276830.75               | 11.4700%                  | 62.8500%                   |
| 2025-06-09 | $13769927.60              | $71211128.70               | 12.8600%                  | 62.8300%                   |
| 2025-06-10 | $13626755.03              | $71067956.13               | 12.7400%                  | 62.7700%                   |
| 2025-06-11 | $11507088.54              | $68948289.64               | 10.9800%                  | 61.5800%                   |
| 2025-06-12 | $13546240.71              | $68986240.71               | 12.9200%                  | 61.5900%                   |
| 2025-06-13 | $13072275.18              | $68512275.18               | 12.5200%                  | 61.4000%                   |
| 2025-06-16 | $12932121.62              | $68372121.62               | 12.4000%                  | 61.1600%                   |
| 2025-06-17 | $12451764.21              | $67892045.72               | 11.9600%                  | 60.9700%                   |
| 2025-06-18 | $12253306.84              | $67893588.35               | 11.7700%                  | 60.9700%                   |
| 2025-06-20 | $12290076.84              | $67930346.02               | 11.7900%                  | 60.9600%                   |
| 2025-06-23 | $12081718.54              | $67821987.72               | 11.5500%                  | 60.6200%                   |
| 2025-06-24 | $12783617.11              | $75220036.63               | 12.0400%                  | 66.7300%                   |
| 2025-06-25 | $12063449.63              | $74499632.57               | 11.4400%                  | 66.4900%                   |
| 2025-06-26 | $12094588.00              | $74530534.34               | 11.4700%                  | 66.5000%                   |
| 2025-06-27 | $11858554.69              | $74293791.28               | 11.2500%                  | 66.7600%                   |
| 2025-06-30 | $23671583.40              | $79663087.20               | 21.1400%                  | 67.6300%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-06-02 | 2.3900%             |
| 2025-06-03 | 2.3400%             |
| 2025-06-04 | 2.2900%             |
| 2025-06-05 | 2.2700%             |
| 2025-06-06 | 2.2200%             |
| 2025-06-09 | 2.2100%             |
| 2025-06-10 | 2.2300%             |
| 2025-06-11 | 2.2800%             |
| 2025-06-12 | 2.4300%             |
| 2025-06-13 | 2.8200%             |
| 2025-06-16 | 2.9400%             |
| 2025-06-17 | 3.0500%             |
| 2025-06-18 | 3.1000%             |
| 2025-06-20 | 2.9500%             |
| 2025-06-23 | 2.9100%             |
| 2025-06-24 | 2.8600%             |
| 2025-06-25 | 2.8100%             |
| 2025-06-26 | 2.7200%             |
| 2025-06-27 | 2.5800%             |
| 2025-06-30 | 2.5300%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-06-02 | 1.0009                      |
|  |  |
| 2025-06-03 | 1.0009                      |
|  |  |
| 2025-06-04 | 1.0009                      |
|  |  |
| 2025-06-05 | 1.0009                      |
|  |  |
| 2025-06-06 | 1.0009                      |
|  |  |
| 2025-06-09 | 1.0009                      |
|  |  |
| 2025-06-10 | 1.0009                      |
|  |  |
| 2025-06-11 | 1.0009                      |
|  |  |
| 2025-06-12 | 1.0008                      |
|  |  |
| 2025-06-13 | 1.0008                      |
|  |  |
| 2025-06-16 | 1.0008                      |
|  |  |
| 2025-06-17 | 1.0008                      |
|  |  |
| 2025-06-18 | 1.0009                      |
|  |  |
| 2025-06-20 | 1.0009                      |
|  |  |
| 2025-06-23 | 1.0009                      |
|  |  |
| 2025-06-24 | 1.0009                      |
|  |  |
| 2025-06-25 | 1.0009                      |
|  |  |
| 2025-06-26 | 1.0010                      |
|  |  |
| 2025-06-27 | 1.0010                      |
|  |  |
| 2025-06-30 | 1.0010                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: I

- **Minimum Initial Investment:** $2500.00

- **Net Assets of Class:** $27378400.53

- **Number of Shares Outstanding:** 27353590.3720

- **Expense Reimbursement/Waiver:** 6425.74

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 1.0009          |
|  |  |
| 2025-06-03 | 1.0009          |
|  |  |
| 2025-06-04 | 1.0008          |
|  |  |
| 2025-06-05 | 1.0008          |
|  |  |
| 2025-06-06 | 1.0008          |
|  |  |
| 2025-06-09 | 1.0009          |
|  |  |
| 2025-06-10 | 1.0009          |
|  |  |
| 2025-06-11 | 1.0009          |
|  |  |
| 2025-06-12 | 1.0008          |
|  |  |
| 2025-06-13 | 1.0008          |
|  |  |
| 2025-06-16 | 1.0008          |
|  |  |
| 2025-06-17 | 1.0008          |
|  |  |
| 2025-06-18 | 1.0008          |
|  |  |
| 2025-06-20 | 1.0008          |
|  |  |
| 2025-06-23 | 1.0009          |
|  |  |
| 2025-06-24 | 1.0009          |
|  |  |
| 2025-06-25 | 1.0009          |
|  |  |
| 2025-06-26 | 1.0009          |
|  |  |
| 2025-06-27 | 1.0009          |
|  |  |
| 2025-06-30 | 1.0010          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $87472.44                 | $16676.59               |
| 2025-06-03 | $78860.54                 | $16605.00               |
| 2025-06-04 | $3221115.00               | $98973.29               |
| 2025-06-05 | $18000.03                 | $0.00                   |
| 2025-06-06 | $98528.00                 | $4926.34                |
| 2025-06-09 | $40075.25                 | $21276.64               |
| 2025-06-10 | $3300.00                  | $4221.99                |
| 2025-06-11 | $4350.00                  | $27490.85               |
| 2025-06-12 | $16057.16                 | $0.00                   |
| 2025-06-13 | $248537.46                | $16203.00               |
| 2025-06-16 | $945.00                   | $41604.80               |
| 2025-06-17 | $6300.00                  | $51188.03               |
| 2025-06-18 | $38428.46                 | $68465.75               |
| 2025-06-20 | $12100.00                 | $10080.00               |
| 2025-06-23 | $2075.00                  | $6000.00                |
| 2025-06-24 | $624350.00                | $66086.21               |
| 2025-06-25 | $20075.00                 | $80700.00               |
| 2025-06-26 | $107871.63                | $5505.00                |
| 2025-06-27 | $30564.00                 | $17000.00               |
| 2025-06-30 | $6102.54                  | $14300.00               |

**Total Gross Subscriptions (Month):** $4665107.51

**Total Gross Redemptions (Month):** $567303.49

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 1.9800%           |
| 2025-06-03 | 1.9300%           |
| 2025-06-04 | 1.8800%           |
| 2025-06-05 | 1.8600%           |
| 2025-06-06 | 1.8100%           |
| 2025-06-09 | 1.8100%           |
| 2025-06-10 | 1.8200%           |
| 2025-06-11 | 1.8700%           |
| 2025-06-12 | 2.0200%           |
| 2025-06-13 | 2.4100%           |
| 2025-06-16 | 2.5300%           |
| 2025-06-17 | 2.6400%           |
| 2025-06-18 | 2.6900%           |
| 2025-06-20 | 2.5400%           |
| 2025-06-23 | 2.5000%           |
| 2025-06-24 | 2.4500%           |
| 2025-06-25 | 2.4100%           |
| 2025-06-26 | 2.3200%           |
| 2025-06-27 | 2.1800%           |
| 2025-06-30 | 2.1300%           |

**Beneficial/Record Owner Categories**
| Category      | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer |  | 14.9300%         | 14.9300%             |
| Broker-dealer |  | 27.0300%         | 27.0300%             |

### Class: 1I

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $74712856.01

- **Number of Shares Outstanding:** 74642285.4400

- **Expense Reimbursement/Waiver:** 15906.82

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-06-02 | 1.0009          |
|  |  |
| 2025-06-03 | 1.0009          |
|  |  |
| 2025-06-04 | 1.0009          |
|  |  |
| 2025-06-05 | 1.0009          |
|  |  |
| 2025-06-06 | 1.0009          |
|  |  |
| 2025-06-09 | 1.0009          |
|  |  |
| 2025-06-10 | 1.0009          |
|  |  |
| 2025-06-11 | 1.0009          |
|  |  |
| 2025-06-12 | 1.0008          |
|  |  |
| 2025-06-13 | 1.0008          |
|  |  |
| 2025-06-16 | 1.0008          |
|  |  |
| 2025-06-17 | 1.0008          |
|  |  |
| 2025-06-18 | 1.0009          |
|  |  |
| 2025-06-20 | 1.0009          |
|  |  |
| 2025-06-23 | 1.0009          |
|  |  |
| 2025-06-24 | 1.0009          |
|  |  |
| 2025-06-25 | 1.0009          |
|  |  |
| 2025-06-26 | 1.0010          |
|  |  |
| 2025-06-27 | 1.0010          |
|  |  |
| 2025-06-30 | 1.0010          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-06-02 | $204379.91                | $22807.50               |
| 2025-06-03 | $72156.56                 | $75600.00               |
| 2025-06-04 | $31600.00                 | $2369017.00             |
| 2025-06-05 | $40500.00                 | $0.00                   |
| 2025-06-06 | $42000.00                 | $9100.00                |
| 2025-06-09 | $20476.55                 | $101500.00              |
| 2025-06-10 | $4950.00                  | $141150.00              |
| 2025-06-11 | $4100.00                  | $100000.00              |
| 2025-06-12 | $206750.51                | $176000.00              |
| 2025-06-13 | $0.00                     | $701000.00              |
| 2025-06-16 | $200.00                   | $100000.00              |
| 2025-06-17 | $1200.00                  | $127233.63              |
| 2025-06-18 | $50000.00                 | $17000.00               |
| 2025-06-20 | $34750.00                 | $0.00                   |
| 2025-06-23 | $209413.99                | $314000.80              |
| 2025-06-24 | $907911.24                | $2950.00                |
| 2025-06-25 | $547.76                   | $92475.00               |
| 2025-06-26 | $50000.00                 | $121056.70              |
| 2025-06-27 | $0.00                     | $250000.00              |
| 2025-06-30 | $3034.78                  | $2905000.00             |

**Total Gross Subscriptions (Month):** $1883971.30

**Total Gross Redemptions (Month):** $7625890.63

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-06-02 | 2.1500%           |
| 2025-06-03 | 2.1000%           |
| 2025-06-04 | 2.0500%           |
| 2025-06-05 | 2.0300%           |
| 2025-06-06 | 1.9800%           |
| 2025-06-09 | 1.9800%           |
| 2025-06-10 | 1.9900%           |
| 2025-06-11 | 2.0400%           |
| 2025-06-12 | 2.1900%           |
| 2025-06-13 | 2.5800%           |
| 2025-06-16 | 2.7000%           |
| 2025-06-17 | 2.8100%           |
| 2025-06-18 | 2.8600%           |
| 2025-06-20 | 2.7100%           |
| 2025-06-23 | 2.6700%           |
| 2025-06-24 | 2.6200%           |
| 2025-06-25 | 2.5800%           |
| 2025-06-26 | 2.4900%           |
| 2025-06-27 | 2.3500%           |
| 2025-06-30 | 2.3000%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Retail investor |  | 10.7400%         | 10.7400%             |

## Part C: Schedule of Portfolio Securities

### Security 1: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588HLZ7, C.4 - ISIN: US03588HLZ72, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $125661.04
- **C.18.a - Value (excl. sponsor support):** $125661.04
- **C.19 - Percentage of Net Assets:** 0.1200%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 2: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588HRS7, C.4 - ISIN: US03588HRS75, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $462432.62
- **C.18.a - Value (excl. sponsor support):** $462432.62
- **C.19 - Percentage of Net Assets:** 0.4500%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 3: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588HUD6, C.4 - ISIN: US03588HUD69, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $150793.25
- **C.18.a - Value (excl. sponsor support):** $150793.25
- **C.19 - Percentage of Net Assets:** 0.1500%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 4: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588HZH2, C.4 - ISIN: US03588HZH29, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $321692.26
- **C.18.a - Value (excl. sponsor support):** $321692.26
- **C.19 - Percentage of Net Assets:** 0.3200%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 5: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588JDL3, C.4 - ISIN: US03588JDL35, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $238946.87
- **C.18.a - Value (excl. sponsor support):** $238946.87
- **C.19 - Percentage of Net Assets:** 0.2300%
- **C.17 - Yield as of Reporting Date:** 2.7200%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 6: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588JLL4, C.4 - ISIN: US03588JLL43, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $2033590.40
- **C.18.a - Value (excl. sponsor support):** $2033590.40
- **C.19 - Percentage of Net Assets:** 1.9900%
- **C.17 - Yield as of Reporting Date:** 2.7200%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 7: COUNTY OF BALTIMORE MD

- **C.1 - Title:** COUNTY OF BALTIMORE MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 059134EU6, C.4 - ISIN: US059134EU62
- **C.18 - Value (incl. sponsor support):** $3043521.30
- **C.18.a - Value (excl. sponsor support):** $3043521.30
- **C.19 - Percentage of Net Assets:** 2.9800%
- **C.17 - Yield as of Reporting Date:** 2.7800%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-03-01
- **C.13 - Final Legal Maturity Date:** 2026-03-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 8: COUNTY OF BALTIMORE MD

- **C.1 - Title:** COUNTY OF BALTIMORE MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 05914GEK0, C.4 - ISIN: US05914GEK04
- **C.18 - Value (incl. sponsor support):** $141962.45
- **C.18.a - Value (excl. sponsor support):** $141962.45
- **C.19 - Percentage of Net Assets:** 0.1400%
- **C.17 - Yield as of Reporting Date:** 2.5600%
- **C.11 - Maturity Date (WAM):** 2026-02-01
- **C.12 - Maturity Date (WAL):** 2026-02-01
- **C.13 - Final Legal Maturity Date:** 2026-02-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 9: COUNTY OF BALTIMORE MD

- **C.1 - Title:** COUNTY OF BALTIMORE MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 05914GFG8, C.4 - ISIN: US05914GFG82
- **C.18 - Value (incl. sponsor support):** $1216821.00
- **C.18.a - Value (excl. sponsor support):** $1216821.00
- **C.19 - Percentage of Net Assets:** 1.1900%
- **C.17 - Yield as of Reporting Date:** 2.5600%
- **C.11 - Maturity Date (WAM):** 2026-02-01
- **C.12 - Maturity Date (WAL):** 2026-02-01
- **C.13 - Final Legal Maturity Date:** 2026-02-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 10: COUNTY OF BALTIMORE MD

- **C.1 - Title:** COUNTY OF BALTIMORE MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 05914GJR0, C.4 - ISIN: US05914GJR02
- **C.18 - Value (incl. sponsor support):** $220059.04
- **C.18.a - Value (excl. sponsor support):** $220059.04
- **C.19 - Percentage of Net Assets:** 0.2200%
- **C.17 - Yield as of Reporting Date:** 2.6000%
- **C.11 - Maturity Date (WAM):** 2026-07-01
- **C.12 - Maturity Date (WAL):** 2026-07-01
- **C.13 - Final Legal Maturity Date:** 2026-07-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 11: COUNTY OF CALVERT MD

- **C.1 - Title:** COUNTY OF CALVERT MD 4.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 131537D74, C.4 - ISIN: US131537D749
- **C.18 - Value (incl. sponsor support):** $240000.00
- **C.18.a - Value (excl. sponsor support):** $240000.00
- **C.19 - Percentage of Net Assets:** 0.2400%
- **C.17 - Yield as of Reporting Date:** 3.0400%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 12: COUNTY OF CARROLL MD

- **C.1 - Title:** COUNTY OF CARROLL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 144880AF8, C.4 - ISIN: US144880AF87
- **C.18 - Value (incl. sponsor support):** $468383.57
- **C.18.a - Value (excl. sponsor support):** $468383.57
- **C.19 - Percentage of Net Assets:** 0.4600%
- **C.17 - Yield as of Reporting Date:** 2.7700%
- **C.11 - Maturity Date (WAM):** 2025-11-01
- **C.12 - Maturity Date (WAL):** 2025-11-01
- **C.13 - Final Legal Maturity Date:** 2025-11-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 13: COUNTY OF CHARLES MD

- **C.1 - Title:** COUNTY OF CHARLES MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 159808HM9, C.4 - ISIN: US159808HM96
- **C.18 - Value (incl. sponsor support):** $1708775.40
- **C.18.a - Value (excl. sponsor support):** $1708775.40
- **C.19 - Percentage of Net Assets:** 1.6700%
- **C.17 - Yield as of Reporting Date:** 2.8800%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 14: COUNTY OF CHARLES MD

- **C.1 - Title:** COUNTY OF CHARLES MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 159808KY9, C.4 - ISIN: US159808KY97
- **C.18 - Value (incl. sponsor support):** $105542.01
- **C.18.a - Value (excl. sponsor support):** $105542.01
- **C.19 - Percentage of Net Assets:** 0.1000%
- **C.17 - Yield as of Reporting Date:** 2.8800%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 15: COUNTY OF FREDERICK MD

- **C.1 - Title:** COUNTY OF FREDERICK MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 35569PJB0, C.4 - ISIN: US35569PJB04
- **C.18 - Value (incl. sponsor support):** $185305.95
- **C.18.a - Value (excl. sponsor support):** $185305.95
- **C.19 - Percentage of Net Assets:** 0.1800%
- **C.17 - Yield as of Reporting Date:** 2.9500%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 16: COUNTY OF FREDERICK MD

- **C.1 - Title:** COUNTY OF FREDERICK MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 35569PJV6, C.4 - ISIN: US35569PJV67
- **C.18 - Value (incl. sponsor support):** $390644.98
- **C.18.a - Value (excl. sponsor support):** $390644.98
- **C.19 - Percentage of Net Assets:** 0.3800%
- **C.17 - Yield as of Reporting Date:** 2.9500%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 17: COUNTY OF HARFORD MD

- **C.1 - Title:** COUNTY OF HARFORD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 412487FT2, C.4 - ISIN: US412487FT27, C.3 - LEI: 549300BAMXA3G0J23I39
- **C.18 - Value (incl. sponsor support):** $251050.88
- **C.18.a - Value (excl. sponsor support):** $251050.88
- **C.19 - Percentage of Net Assets:** 0.2500%
- **C.17 - Yield as of Reporting Date:** 2.9000%
- **C.11 - Maturity Date (WAM):** 2025-09-15
- **C.12 - Maturity Date (WAL):** 2025-09-15
- **C.13 - Final Legal Maturity Date:** 2025-09-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 18: COUNTY OF HARFORD MD

- **C.1 - Title:** COUNTY OF HARFORD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 412487MH0, C.4 - ISIN: US412487MH06, C.3 - LEI: 549300BAMXA3G0J23I39
- **C.18 - Value (incl. sponsor support):** $201032.40
- **C.18.a - Value (excl. sponsor support):** $201032.40
- **C.19 - Percentage of Net Assets:** 0.2000%
- **C.17 - Yield as of Reporting Date:** 2.8800%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 19: COUNTY OF HARFORD MD

- **C.1 - Title:** COUNTY OF HARFORD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 412487NN6, C.4 - ISIN: US412487NN64, C.3 - LEI: 549300BAMXA3G0J23I39
- **C.18 - Value (incl. sponsor support):** $3015486.00
- **C.18.a - Value (excl. sponsor support):** $3015486.00
- **C.19 - Percentage of Net Assets:** 2.9500%
- **C.17 - Yield as of Reporting Date:** 2.8800%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 20: STATE OF HAWAII DEPARTMENT OF BUDGET & FINANCE

- **C.1 - Title:** STATE OF HAWAII DEPARTMENT OF BUDGET & FINANCE 3.400000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 419800QS9, C.4 - ISIN: US419800QS95
- **C.18 - Value (incl. sponsor support):** $4300000.00
- **C.18.a - Value (excl. sponsor support):** $4300000.00
- **C.19 - Percentage of Net Assets:** 4.2100%
- **C.17 - Yield as of Reporting Date:** 3.4000%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2060-07-01
- **C.10 - Ratings:** Fitch, Inc.: F-1; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 21: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256P4A8, C.4 - ISIN: US44256P4A82
- **C.18 - Value (incl. sponsor support):** $421028.87
- **C.18.a - Value (excl. sponsor support):** $421028.87
- **C.19 - Percentage of Net Assets:** 0.4100%
- **C.17 - Yield as of Reporting Date:** 2.9300%
- **C.11 - Maturity Date (WAM):** 2025-08-15
- **C.12 - Maturity Date (WAL):** 2025-08-15
- **C.13 - Final Legal Maturity Date:** 2025-08-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 22: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256PGJ6, C.4 - ISIN: US44256PGJ66
- **C.18 - Value (incl. sponsor support):** $228087.59
- **C.18.a - Value (excl. sponsor support):** $228087.59
- **C.19 - Percentage of Net Assets:** 0.2200%
- **C.17 - Yield as of Reporting Date:** 2.7600%
- **C.11 - Maturity Date (WAM):** 2026-02-15
- **C.12 - Maturity Date (WAL):** 2026-02-15
- **C.13 - Final Legal Maturity Date:** 2026-02-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 23: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256PGY3, C.4 - ISIN: US44256PGY34
- **C.18 - Value (incl. sponsor support):** $506861.30
- **C.18.a - Value (excl. sponsor support):** $506861.30
- **C.19 - Percentage of Net Assets:** 0.5000%
- **C.17 - Yield as of Reporting Date:** 2.7600%
- **C.11 - Maturity Date (WAM):** 2026-02-15
- **C.12 - Maturity Date (WAL):** 2026-02-15
- **C.13 - Final Legal Maturity Date:** 2026-02-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 24: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256PKL6, C.4 - ISIN: US44256PKL66
- **C.18 - Value (incl. sponsor support):** $405489.04
- **C.18.a - Value (excl. sponsor support):** $405489.04
- **C.19 - Percentage of Net Assets:** 0.4000%
- **C.17 - Yield as of Reporting Date:** 2.7600%
- **C.11 - Maturity Date (WAM):** 2026-02-15
- **C.12 - Maturity Date (WAL):** 2026-02-15
- **C.13 - Final Legal Maturity Date:** 2026-02-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 25: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256PVR1, C.4 - ISIN: US44256PVR18
- **C.18 - Value (incl. sponsor support):** $1503674.55
- **C.18.a - Value (excl. sponsor support):** $1503674.55
- **C.19 - Percentage of Net Assets:** 1.4700%
- **C.17 - Yield as of Reporting Date:** 2.9300%
- **C.11 - Maturity Date (WAM):** 2025-08-15
- **C.12 - Maturity Date (WAL):** 2025-08-15
- **C.13 - Final Legal Maturity Date:** 2025-08-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 26: HOWARD COUNTY HOUSING COMMISSION

- **C.1 - Title:** HOWARD COUNTY HOUSING COMMISSION 1.800000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 442577EB4, C.4 - ISIN: US442577EB42, C.3 - LEI: 5493007CCS6UI1IIE878
- **C.18 - Value (incl. sponsor support):** $4800000.00
- **C.18.a - Value (excl. sponsor support):** $4800000.00
- **C.19 - Percentage of Net Assets:** 4.7000%
- **C.17 - Yield as of Reporting Date:** 1.8000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2062-12-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 27: STATE OF MARYLAND

- **C.1 - Title:** STATE OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574193RB6, C.4 - ISIN: US574193RB66
- **C.18 - Value (incl. sponsor support):** $386102.12
- **C.18.a - Value (excl. sponsor support):** $386102.12
- **C.19 - Percentage of Net Assets:** 0.3800%
- **C.17 - Yield as of Reporting Date:** 2.6800%
- **C.11 - Maturity Date (WAM):** 2026-03-15
- **C.12 - Maturity Date (WAL):** 2026-03-15
- **C.13 - Final Legal Maturity Date:** 2026-03-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 28: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 1.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PBU2, C.4 - ISIN: US57419PBU21
- **C.18 - Value (incl. sponsor support):** $2950000.00
- **C.18.a - Value (excl. sponsor support):** $2950000.00
- **C.19 - Percentage of Net Assets:** 2.8900%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2040-09-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 29: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 1.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PCJ6, C.4 - ISIN: US57419PCJ66
- **C.18 - Value (incl. sponsor support):** $1045000.00
- **C.18.a - Value (excl. sponsor support):** $1045000.00
- **C.19 - Percentage of Net Assets:** 1.0200%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2040-09-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 30: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 2.500000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PPP8, C.4 - ISIN: US57419PPP89
- **C.18 - Value (incl. sponsor support):** $2145000.00
- **C.18.a - Value (excl. sponsor support):** $2145000.00
- **C.19 - Percentage of Net Assets:** 2.1000%
- **C.17 - Yield as of Reporting Date:** 2.5000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2037-12-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 31: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 1.920000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PRY7, C.4 - ISIN: US57419PRY78
- **C.18 - Value (incl. sponsor support):** $2785000.00
- **C.18.a - Value (excl. sponsor support):** $2785000.00
- **C.19 - Percentage of Net Assets:** 2.7300%
- **C.17 - Yield as of Reporting Date:** 1.9200%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2041-03-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 32: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 1.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PSV2, C.4 - ISIN: US57419PSV21
- **C.18 - Value (incl. sponsor support):** $4825000.00
- **C.18.a - Value (excl. sponsor support):** $4825000.00
- **C.19 - Percentage of Net Assets:** 4.7300%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2038-12-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 33: MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT

- **C.1 - Title:** MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT 2.900000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 57419UPX0, C.4 - ISIN: US57419UPX09, C.3 - LEI: 549300Q5BSL77YR7NP93
- **C.18 - Value (incl. sponsor support):** $399622.60
- **C.18.a - Value (excl. sponsor support):** $399622.60
- **C.19 - Percentage of Net Assets:** 0.3900%
- **C.17 - Yield as of Reporting Date:** 3.0400%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-03-01
- **C.13 - Final Legal Maturity Date:** 2026-03-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 34: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 4.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204E74, C.4 - ISIN: US574204E748
- **C.18 - Value (incl. sponsor support):** $255462.95
- **C.18.a - Value (excl. sponsor support):** $255462.95
- **C.19 - Percentage of Net Assets:** 0.2500%
- **C.17 - Yield as of Reporting Date:** 2.8700%
- **C.11 - Maturity Date (WAM):** 2025-09-01
- **C.12 - Maturity Date (WAL):** 2025-09-01
- **C.13 - Final Legal Maturity Date:** 2025-09-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 35: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204H48, C.4 - ISIN: US574204H485
- **C.18 - Value (incl. sponsor support):** $1791173.24
- **C.18.a - Value (excl. sponsor support):** $1791173.24
- **C.19 - Percentage of Net Assets:** 1.7500%
- **C.17 - Yield as of Reporting Date:** 2.8700%
- **C.11 - Maturity Date (WAM):** 2025-09-01
- **C.12 - Maturity Date (WAL):** 2025-09-01
- **C.13 - Final Legal Maturity Date:** 2025-09-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 36: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204L50, C.4 - ISIN: US574204L503
- **C.18 - Value (incl. sponsor support):** $507669.08
- **C.18.a - Value (excl. sponsor support):** $507669.08
- **C.19 - Percentage of Net Assets:** 0.5000%
- **C.17 - Yield as of Reporting Date:** 2.8400%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 37: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204S87, C.4 - ISIN: US574204S870
- **C.18 - Value (incl. sponsor support):** $676106.51
- **C.18.a - Value (excl. sponsor support):** $676106.51
- **C.19 - Percentage of Net Assets:** 0.6600%
- **C.17 - Yield as of Reporting Date:** 2.7800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 38: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204U50, C.4 - ISIN: US574204U504
- **C.18 - Value (incl. sponsor support):** $242187.41
- **C.18.a - Value (excl. sponsor support):** $242187.41
- **C.19 - Percentage of Net Assets:** 0.2400%
- **C.17 - Yield as of Reporting Date:** 2.7800%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 39: MARYLAND ECONOMIC DEVELOPMENT CORP

- **C.1 - Title:** MARYLAND ECONOMIC DEVELOPMENT CORP 1.900000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574205FY1, C.4 - ISIN: US574205FY10, C.3 - LEI: 549300JJ16DDBSZWSN94
- **C.18 - Value (incl. sponsor support):** $5190000.00
- **C.18.a - Value (excl. sponsor support):** $5190000.00
- **C.19 - Percentage of Net Assets:** 5.0800%
- **C.17 - Yield as of Reporting Date:** 1.9000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2043-02-15
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 40: MARYLAND ECONOMIC DEVELOPMENT CORP

- **C.1 - Title:** MARYLAND ECONOMIC DEVELOPMENT CORP 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574205FZ8, C.4 - ISIN: US574205FZ84, C.3 - LEI: 549300JJ16DDBSZWSN94
- **C.18 - Value (incl. sponsor support):** $2300000.00
- **C.18.a - Value (excl. sponsor support):** $2300000.00
- **C.19 - Percentage of Net Assets:** 2.2500%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2043-05-15
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 41: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.500000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574215RC5, C.4 - ISIN: US574215RC51
- **C.18 - Value (incl. sponsor support):** $4250000.00
- **C.18.a - Value (excl. sponsor support):** $4250000.00
- **C.19 - Percentage of Net Assets:** 4.1600%
- **C.17 - Yield as of Reporting Date:** 2.5000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2035-04-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 42: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574215RD3, C.4 - ISIN: US574215RD35
- **C.18 - Value (incl. sponsor support):** $2600000.00
- **C.18.a - Value (excl. sponsor support):** $2600000.00
- **C.19 - Percentage of Net Assets:** 2.5500%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2035-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA-; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 43: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.020000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574217T70, C.4 - ISIN: US574217T706
- **C.18 - Value (incl. sponsor support):** $2915000.00
- **C.18.a - Value (excl. sponsor support):** $2915000.00
- **C.19 - Percentage of Net Assets:** 2.8600%
- **C.17 - Yield as of Reporting Date:** 2.0200%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2033-07-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 44: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 3.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574217V28, C.4 - ISIN: US574217V280
- **C.18 - Value (incl. sponsor support):** $4365000.00
- **C.18.a - Value (excl. sponsor support):** $4365000.00
- **C.19 - Percentage of Net Assets:** 4.2800%
- **C.17 - Yield as of Reporting Date:** 3.9500%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2041-07-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 45: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.300000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574217VC6, C.4 - ISIN: US574217VC61
- **C.18 - Value (incl. sponsor support):** $6775000.00
- **C.18.a - Value (excl. sponsor support):** $6775000.00
- **C.19 - Percentage of Net Assets:** 6.6400%
- **C.17 - Yield as of Reporting Date:** 2.3000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2036-07-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 46: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 5742183U5, C.4 - ISIN: US5742183U52
- **C.18 - Value (incl. sponsor support):** $142669.13
- **C.18.a - Value (excl. sponsor support):** $142669.13
- **C.19 - Percentage of Net Assets:** 0.1400%
- **C.17 - Yield as of Reporting Date:** 3.0500%
- **C.11 - Maturity Date (WAM):** 2026-07-01
- **C.12 - Maturity Date (WAL):** 2026-07-01
- **C.13 - Final Legal Maturity Date:** 2026-07-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: A1; Standard and Poor's Ratings Services: A+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 47: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 1.920000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57421CGD0, C.4 - ISIN: US57421CGD02
- **C.18 - Value (incl. sponsor support):** $2300000.00
- **C.18.a - Value (excl. sponsor support):** $2300000.00
- **C.19 - Percentage of Net Assets:** 2.2500%
- **C.17 - Yield as of Reporting Date:** 1.9200%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2042-06-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 48: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 1.800000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57421CHX5, C.4 - ISIN: US57421CHX56
- **C.18 - Value (incl. sponsor support):** $300000.00
- **C.18.a - Value (excl. sponsor support):** $300000.00
- **C.19 - Percentage of Net Assets:** 0.2900%
- **C.17 - Yield as of Reporting Date:** 1.8000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2055-07-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 49: MD HLTH & HR ED JHH SER B TECP 3.1300 20250701

- **C.1 - Title:** MD HLTH & HR ED JHH SER B TECP 3.1300 20250701 3.130000%
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 57421V4F6, C.5 - Other ID: 57421V4F6
- **C.18 - Value (incl. sponsor support):** $2500019.75
- **C.18.a - Value (excl. sponsor support):** $2500019.75
- **C.19 - Percentage of Net Assets:** 2.4500%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: P-1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 50: MARYLAND STADIUM AUTHORITY

- **C.1 - Title:** MARYLAND STADIUM AUTHORITY 2.350000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574297CT2, C.4 - ISIN: US574297CT27, C.3 - LEI: 549300VA283TTQRDNF71
- **C.18 - Value (incl. sponsor support):** $1925000.00
- **C.18.a - Value (excl. sponsor support):** $1925000.00
- **C.19 - Percentage of Net Assets:** 1.8900%
- **C.17 - Yield as of Reporting Date:** 2.3500%
- **C.11 - Maturity Date (WAM):** 2025-07-03
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2026-03-01
- **C.10 - Ratings:** Fitch, Inc.: F-1; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 51: MARYLAND STATE TRANSPORTATION AUTHORITY

- **C.1 - Title:** MARYLAND STATE TRANSPORTATION AUTHORITY 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574300MT3, C.4 - ISIN: US574300MT38, C.3 - LEI: 254900MKNK0MO0Z4X426
- **C.18 - Value (incl. sponsor support):** $3150000.00
- **C.18.a - Value (excl. sponsor support):** $3150000.00
- **C.19 - Percentage of Net Assets:** 3.0900%
- **C.17 - Yield as of Reporting Date:** 2.6100%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: AA; Moody's Investors Service, Inc.: Aa2; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 52: COUNTY OF MONTGOMERY MD

- **C.1 - Title:** COUNTY OF MONTGOMERY MD 3.850000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 6133408D3, C.4 - ISIN: US6133408D38, C.3 - LEI: 549300GNX5SDUEBKPK13
- **C.18 - Value (incl. sponsor support):** $4790000.00
- **C.18.a - Value (excl. sponsor support):** $4790000.00
- **C.19 - Percentage of Net Assets:** 4.6900%
- **C.17 - Yield as of Reporting Date:** 3.8500%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2037-11-01
- **C.10 - Ratings:** Fitch, Inc.: F-1; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 53: MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION

- **C.1 - Title:** MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION 1.800000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 6133495Z8, C.4 - ISIN: US6133495Z85, C.3 - LEI: 549300HDL0LLRHMDL092
- **C.18 - Value (incl. sponsor support):** $1000000.00
- **C.18.a - Value (excl. sponsor support):** $1000000.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 1.8000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2041-01-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 54: MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION

- **C.1 - Title:** MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION 1.800000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 6133497H6, C.4 - ISIN: US6133497H69, C.3 - LEI: 549300HDL0LLRHMDL092
- **C.18 - Value (incl. sponsor support):** $1000000.00
- **C.18.a - Value (excl. sponsor support):** $1000000.00
- **C.19 - Percentage of Net Assets:** 0.9800%
- **C.17 - Yield as of Reporting Date:** 1.8000%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2049-01-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 55: MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION

- **C.1 - Title:** MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION 1.970000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 61334MXK1, C.4 - ISIN: US61334MXK16, C.3 - LEI: 549300HDL0LLRHMDL092
- **C.18 - Value (incl. sponsor support):** $2500000.00
- **C.18.a - Value (excl. sponsor support):** $2500000.00
- **C.19 - Percentage of Net Assets:** 2.4500%
- **C.17 - Yield as of Reporting Date:** 1.9700%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2049-01-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 56: COUNTY OF MONTGOMERY MD

- **C.1 - Title:** COUNTY OF MONTGOMERY MD 2.950000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 61336PES6, C.4 - ISIN: US61336PES65, C.3 - LEI: 549300GNX5SDUEBKPK13
- **C.18 - Value (incl. sponsor support):** $4750000.00
- **C.18.a - Value (excl. sponsor support):** $4750000.00
- **C.19 - Percentage of Net Assets:** 4.6500%
- **C.17 - Yield as of Reporting Date:** 2.9500%
- **C.11 - Maturity Date (WAM):** 2025-09-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2041-12-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 57: COUNTY OF PRINCE GEORGE'S MD

- **C.1 - Title:** COUNTY OF PRINCE GEORGE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 7417016C5, C.4 - ISIN: US7417016C54, C.3 - LEI: 549300NSQ1W50I0VU811
- **C.18 - Value (incl. sponsor support):** $530391.25
- **C.18.a - Value (excl. sponsor support):** $530391.25
- **C.19 - Percentage of Net Assets:** 0.5200%
- **C.17 - Yield as of Reporting Date:** 3.0300%
- **C.11 - Maturity Date (WAM):** 2025-07-15
- **C.12 - Maturity Date (WAL):** 2025-07-15
- **C.13 - Final Legal Maturity Date:** 2025-07-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 58: COUNTY OF PRINCE GEORGE'S MD

- **C.1 - Title:** COUNTY OF PRINCE GEORGE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 7417017V2, C.4 - ISIN: US7417017V27, C.3 - LEI: 549300NSQ1W50I0VU811
- **C.18 - Value (incl. sponsor support):** $275000.00
- **C.18.a - Value (excl. sponsor support):** $275000.00
- **C.19 - Percentage of Net Assets:** 0.2700%
- **C.17 - Yield as of Reporting Date:** 2.9200%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 59: COUNTY OF PRINCE GEORGE'S MD

- **C.1 - Title:** COUNTY OF PRINCE GEORGE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 741702AC8, C.4 - ISIN: US741702AC89, C.3 - LEI: 549300NSQ1W50I0VU811
- **C.18 - Value (incl. sponsor support):** $280000.00
- **C.18.a - Value (excl. sponsor support):** $280000.00
- **C.19 - Percentage of Net Assets:** 0.2700%
- **C.17 - Yield as of Reporting Date:** 3.2700%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 60: COUNTY OF PRINCE GEORGE'S MD

- **C.1 - Title:** COUNTY OF PRINCE GEORGE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 741702AX2, C.4 - ISIN: US741702AX27, C.3 - LEI: 549300NSQ1W50I0VU811
- **C.18 - Value (incl. sponsor support):** $3109923.91
- **C.18.a - Value (excl. sponsor support):** $3109923.91
- **C.19 - Percentage of Net Assets:** 3.0500%
- **C.17 - Yield as of Reporting Date:** 3.0300%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 61: COUNTY OF QUEEN ANNE'S MD

- **C.1 - Title:** COUNTY OF QUEEN ANNE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 748233YL1, C.4 - ISIN: US748233YL18
- **C.18 - Value (incl. sponsor support):** $175130.59
- **C.18.a - Value (excl. sponsor support):** $175130.59
- **C.19 - Percentage of Net Assets:** 0.1700%
- **C.17 - Yield as of Reporting Date:** 3.0100%
- **C.11 - Maturity Date (WAM):** 2025-07-15
- **C.12 - Maturity Date (WAL):** 2025-07-15
- **C.13 - Final Legal Maturity Date:** 2025-07-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 62: TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES

- **C.1 - Title:** TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES 1.970000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 88035JVJ8, C.4 - ISIN: US88035JVJ86
- **C.18 - Value (incl. sponsor support):** $2500000.00
- **C.18.a - Value (excl. sponsor support):** $2500000.00
- **C.19 - Percentage of Net Assets:** 2.4500%
- **C.17 - Yield as of Reporting Date:** 1.9700%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2032-06-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 63: TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES

- **C.1 - Title:** TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES 1.950000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 88035MDL6, C.4 - ISIN: US88035MDL63
- **C.18 - Value (incl. sponsor support):** $500000.00
- **C.18.a - Value (excl. sponsor support):** $500000.00
- **C.19 - Percentage of Net Assets:** 0.4900%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-07-07
- **C.12 - Maturity Date (WAL):** 2025-07-08
- **C.13 - Final Legal Maturity Date:** 2042-09-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 64: UNIVERSITY SYSTEM OF MARYLAND

- **C.1 - Title:** UNIVERSITY SYSTEM OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 9144025D0, C.4 - ISIN: US9144025D01
- **C.18 - Value (incl. sponsor support):** $101680.41
- **C.18.a - Value (excl. sponsor support):** $101680.41
- **C.19 - Percentage of Net Assets:** 0.1000%
- **C.17 - Yield as of Reporting Date:** 2.7200%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 65: UNIVERSITY SYSTEM OF MARYLAND

- **C.1 - Title:** UNIVERSITY SYSTEM OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 9144027U0, C.4 - ISIN: US9144027U08
- **C.18 - Value (incl. sponsor support):** $264369.07
- **C.18.a - Value (excl. sponsor support):** $264369.07
- **C.19 - Percentage of Net Assets:** 0.2600%
- **C.17 - Yield as of Reporting Date:** 2.7200%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 66: UNIVERSITY SYSTEM OF MARYLAND

- **C.1 - Title:** UNIVERSITY SYSTEM OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 91440ABT0, C.4 - ISIN: US91440ABT07
- **C.18 - Value (incl. sponsor support):** $152520.62
- **C.18.a - Value (excl. sponsor support):** $152520.62
- **C.19 - Percentage of Net Assets:** 0.1500%
- **C.17 - Yield as of Reporting Date:** 2.7200%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 67: UNIVERSITY SYSTEM OF MARYLAND

- **C.1 - Title:** UNIVERSITY SYSTEM OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 91440ADV3, C.4 - ISIN: US91440ADV35
- **C.18 - Value (incl. sponsor support):** $177940.72
- **C.18.a - Value (excl. sponsor support):** $177940.72
- **C.19 - Percentage of Net Assets:** 0.1700%
- **C.17 - Yield as of Reporting Date:** 2.7200%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 68: WASHINGTON SUBURBAN SANITARY COMMISSION

- **C.1 - Title:** WASHINGTON SUBURBAN SANITARY COMMISSION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 940157W22, C.4 - ISIN: US940157W226, C.3 - LEI: 549300EZUWNTQF827C24
- **C.18 - Value (incl. sponsor support):** $505490.63
- **C.18.a - Value (excl. sponsor support):** $505490.63
- **C.19 - Percentage of Net Assets:** 0.5000%
- **C.17 - Yield as of Reporting Date:** 2.6400%
- **C.11 - Maturity Date (WAM):** 2026-06-01
- **C.12 - Maturity Date (WAL):** 2026-06-01
- **C.13 - Final Legal Maturity Date:** 2026-06-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 69: WASHINGTON SUBURBAN SANITARY COMMISSION

- **C.1 - Title:** WASHINGTON SUBURBAN SANITARY COMMISSION 3.900000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 940158HT8, C.4 - ISIN: US940158HT80, C.3 - LEI: 549300EZUWNTQF827C24
- **C.18 - Value (incl. sponsor support):** $3710000.00
- **C.18.a - Value (excl. sponsor support):** $3710000.00
- **C.19 - Percentage of Net Assets:** 3.6300%
- **C.17 - Yield as of Reporting Date:** 3.9000%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2027-06-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** T. ROWE PRICE STATE TAX-FREE FUNDS, INC.

**Date:** 2025-07-08

**By:** Alan S. Dupski

**Name of Signing Officer:** Alan S. Dupski

**Title of Signing Officer:** Treasurer & Vice President