# EDGAR Filing Document

**Accession Number:** 0000797923
**File Stem:** 0000940400-26-011330
**Filing Date:** 2026-3
**Character Count:** 159096
**Document Hash:** fe606b9c9b51ec231a6a690779fad02c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-011330.hdr.sgml**: 20260325

**ACCESSION NUMBER**: 0000940400-26-011330

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260131

**FILED AS OF DATE**: 20260325

**DATE AS OF CHANGE**: 20260325

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** BNY Mellon Opportunistic Municipal Securities Fund
- **CENTRAL INDEX KEY:** 0000797923

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** NY
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04764
- **FILM NUMBER:** 26791908

**BUSINESS ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286
- **BUSINESS PHONE:** 2129226400

**MAIL ADDRESS:**
- **STREET 1:** C/O BNY MELLON INVESTMENT ADVISER, INC.
- **STREET 2:** 240 GREENWICH STREET
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10286

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS MUNICIPAL BOND OPPORTUNITY FUND
- **DATE OF NAME CHANGE:** 20081201

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** DREYFUS PREMIER MUNICIPAL BOND FUND
- **DATE OF NAME CHANGE:** 19970605

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PREMIER MUNICIPAL BOND FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### BNY Mellon Opportunistic Municipal Securities Fund (Series ID: S000000090)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000000131 | Class A      | PTEBX           |
| C000000133 | Class C      | DMBCX           |
| C000001400 | Class Z      | DMBZX           |
| C000173299 | Class Y      | DMBYX           |
| C000173300 | Class I      | DMBVX           |

## Nport-Ex

BNY Mellon Opportunistic Municipal Securities Fund

SCHEDULE OF INVESTMENTS

January 31, 2026 (Unaudited)

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon <br>Rate (%)<br>| Maturity <br>Date<br>| Principal <br>Amount ($)<br>| Value ($) |
| **Collateralized Municipal-Backed Securities — .4%** | **Collateralized Municipal-Backed Securities — .4%** | **Collateralized Municipal-Backed Securities — .4%** | **Collateralized Municipal-Backed Securities — .4%** | **Collateralized Municipal-Backed Securities — .4%** |
| Arizona Industrial Development Authority, Revenue Bonds, Ser. 2019-2 | 3.63 | 5/20/2033 | 820552 | 822405 |
| &nbsp;&nbsp;&nbsp; Washington Housing Finance Commission, Revenue Bonds (Sustainable <br> Certificates) Ser. A<br>| 3.50 | 12/20/2035 | 916348 | 899218 |
| &nbsp;&nbsp;&nbsp; **Total Collateralized Municipal-Backed Securities** <br>(cost $1,919,770) | &nbsp;&nbsp;&nbsp; **Total Collateralized Municipal-Backed Securities** <br>(cost $1,919,770) | &nbsp;&nbsp;&nbsp; **Total Collateralized Municipal-Backed Securities** <br>(cost $1,919,770) |  | **1721623** |
| **Long-Term Municipal Investments — 100.5%** | **Long-Term Municipal Investments — 100.5%** | **Long-Term Municipal Investments — 100.5%** | **Long-Term Municipal Investments — 100.5%** | **Long-Term Municipal Investments — 100.5%** |
| **Alabama — 6.0%** | **Alabama — 6.0%** | **Alabama — 6.0%** | **Alabama — 6.0%** | **Alabama — 6.0%** |
| &nbsp;&nbsp;&nbsp; Baldwin County Industrial Development Authority, Revenue Bonds (Novelis <br> Corporation Project) Ser. A<sup>(a),(b)</sup> <br>| 5.00 | 6/1/2032 | 2000000 | 2045459 |
| Birmingham-Jefferson Civic Center Authority, Special Tax Bonds, Ser. B | 5.00 | 7/1/2043 | 840000 | 851152 |
| Black Belt Energy Gas District, Revenue Bonds (Gas Project) Ser. B | 5.00 | 10/1/2035 | 1000000 | 1043553 |
| Black Belt Energy Gas District, Revenue Bonds, Ser. D<sup>(a)</sup> <br>| 5.00 | 11/1/2034 | 1850000 | 1999455 |
| Black Belt Energy Gas District, Revenue Bonds, Refunding, Ser. D1<sup>(a)</sup> <br>| 4.00 | 6/1/2027 | 1000000 | 1012862 |
| Jefferson County, Revenue Bonds, Refunding | 5.50 | 10/1/2053 | 4250000 | 4460745 |
| &nbsp;&nbsp;&nbsp; Mobile County Industrial Development Authority, Revenue Bonds (Calvert LLC <br> Project) Ser. B<br>| 4.75 | 12/1/2054 | 1000000 | 928577 |
| &nbsp;&nbsp;&nbsp; Selma Industrial Development Board, Revenue Bonds, Refunding <br> (International Paper Co.) Ser. A<br>| 4.20 | 5/1/2034 | 1500000 | 1583996 |
| Southeast Energy Authority A Cooperative District, Revenue Bonds, Ser. D | 5.00 | 9/1/2035 | 1000000 | 1103024 |
| Southeast Energy Authority A Cooperative District, Revenue Bonds, Ser. E | 5.00 | 10/1/2030 | 8000000 | 8689453 |
| &nbsp;&nbsp;&nbsp; University of Alabama at Birmingham, Revenue Bonds (Board of Trustees) Ser. <br> B<br>| 4.00 | 10/1/2035 | 2000000 | 2058839 |
|  |  |  |  | **25777115** |
| **Arizona — 2.9%** | **Arizona — 2.9%** | **Arizona — 2.9%** | **Arizona — 2.9%** | **Arizona — 2.9%** |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, Revenue Bonds (Sustainable Bond) <br> (Equitable School Revolving Fund Obligated Group) Ser. A<br>| 5.25 | 11/1/2048 | 2000000 | 2048277 |
| &nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, Revenue Bonds, Refunding (BASIS <br> Schools Projects) Ser. A<sup>(b)</sup> <br>| 5.38 | 7/1/2050 | 2500000 | 2471513 |
| &nbsp;&nbsp;&nbsp; Glendale Industrial Development Authority, Revenue Bonds, Refunding (Sun <br> Health Services Obligated Group) Ser. A<br>| 5.00 | 11/15/2054 | 1500000 | 1448055 |
| &nbsp;&nbsp;&nbsp; La Paz County Industrial Development Authority, Revenue Bonds (Harmony <br> Public Schools) Ser. A<sup>(b)</sup> <br>| 5.00 | 2/15/2046 | 1900000 | 1839746 |
| &nbsp;&nbsp;&nbsp; La Paz County Industrial Development Authority, Revenue Bonds (Harmony <br> Public Schools) Ser. A<br>| 5.00 | 2/15/2048 | 625000 | 600371 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, Revenue Bonds (Banner <br> Health Obligated Group) Ser. A<br>| 5.00 | 1/1/2041 | 1175000 | 1205114 |
| &nbsp;&nbsp;&nbsp; Maricopa County Industrial Development Authority, Revenue Bonds <br> (Benjamin Franklin Charter School Obligated Group)<sup>(b)</sup> <br>| 6.00 | 7/1/2038 | 2750000 | 2830500 |
|  |  |  |  | **12443576** |
| **Arkansas — 1.1%** | **Arkansas — 1.1%** | **Arkansas — 1.1%** | **Arkansas — 1.1%** | **Arkansas — 1.1%** |
| &nbsp;&nbsp;&nbsp; Arkansas Development Finance Authority, Revenue Bonds (Sustainable Bond) <br> (U.S. Steel Corp.)<br>| 5.70 | 5/1/2053 | 4800000 | **4880788** |
| **California — 6.5%** | **California — 6.5%** | **California — 6.5%** | **California — 6.5%** | **California — 6.5%** |
| California, GO, Refunding | 5.25 | 9/1/2047 | 1000000 | 1074320 |
| &nbsp;&nbsp;&nbsp; California Community Choice Financing Authority, Revenue Bonds <br> (Sustainable Bond) (Clean Energy Project) Ser. D<sup>(a)</sup> <br>| 5.00 | 7/1/2034 | 2500000 | 2631044 |
| &nbsp;&nbsp;&nbsp; California County Tobacco Securitization Agency, Revenue Bonds, Refunding, <br> Ser. A<br>| 4.00 | 6/1/2040 | 400000 | 381141 |
| &nbsp;&nbsp;&nbsp; California Health Facilities Financing Authority, Revenue Bonds, Refunding <br> (Providence St. Joseph Health Obligated Group) Ser. C<sup>(a)</sup> <br>| 5.25 | 10/1/2035 | 1000000 | 1161503 |

---

**3**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** |
| **California — 6.5% (continued)** | **California — 6.5% (continued)** | **California — 6.5% (continued)** | **California — 6.5% (continued)** | **California — 6.5% (continued)** |
| California Housing Finance Agency, Revenue Bonds | 3.50 | 11/20/2035 | 1386413 | 1385225 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, Revenue Bonds (Cabrillo College <br> Project) Ser. A<sup>(b)</sup> <br>| 5.00 | 7/1/2035 | 4245000 | 4502316 |
| &nbsp;&nbsp;&nbsp; California Municipal Finance Authority, Revenue Bonds (United Airlines <br> Project)<br>| 4.00 | 7/15/2029 | 3675000 | 3707997 |
| California Municipal Finance Authority, Revenue Bonds, Refunding, Ser. A<sup>(b)</sup> <br>| 5.38 | 11/1/2045 | 775000 | 792214 |
| California Municipal Finance Authority, Revenue Bonds, Refunding, Ser. A<sup>(b)</sup> <br>| 5.63 | 11/1/2054 | 500000 | 508717 |
| &nbsp;&nbsp;&nbsp; California School Finance Authority, Revenue Bonds (Magnolia Public Schools <br> – Obligated Group) Ser. A<sup>(b)</sup> <br>| 4.25 | 7/1/2035 | 1400000 | 1424765 |
| California University, Revenue Bonds, Refunding, Ser. B2<sup>(a)</sup> <br>| 0.55 | 11/1/2026 | 1000000 | 983873 |
| Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. C | 5.00 | 7/1/2045 | 2000000 | 2147233 |
| Los Angeles Department of Water & Power, Revenue Bonds, Refunding, Ser. E | 5.00 | 7/1/2034 | 2175000 | 2547975 |
| San Diego County Regional Airport Authority, Revenue Bonds, Ser. B | 4.00 | 7/1/2046 | 1750000 | 1605854 |
| San Diego County Regional Airport Authority, Revenue Bonds, Ser. B | 5.50 | 7/1/2055 | 1000000 | 1063872 |
| &nbsp;&nbsp;&nbsp; Southern California Public Power Authority, Revenue Bonds (Southern <br> Transmission System Renewal Project) (Insured; Build America Mutual) <br> Ser. 1<br>| 5.25 | 7/1/2050 | 2000000 | 2128795 |
|  |  |  |  | **28046844** |
| **Colorado — 2.6%** | **Colorado — 2.6%** | **Colorado — 2.6%** | **Colorado — 2.6%** | **Colorado — 2.6%** |
| &nbsp;&nbsp;&nbsp; Canyons Metropolitan District No. 5, GO, Refunding (Insured; Build America <br> Mutual) Ser. A<br>| 5.00 | 12/1/2040 | 600000 | 654994 |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Revenue Bonds, Refunding <br> (Intermountain Healthcare Obligated Group) Ser. A<br>| 4.00 | 5/15/2052 | 2000000 | 1816981 |
| &nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, Revenue Bonds, Refunding (School <br> Health System) Ser. A<br>| 4.00 | 1/1/2036 | 2000000 | 2047909 |
| &nbsp;&nbsp;&nbsp; Colorado University Research Foundation, Revenue Bonds (The Prospect <br> Project) Ser. A<sup>(b)</sup> <br>| 5.00 | 3/1/2035 | 1250000 | 1343055 |
| Denver City & County Airport System, Revenue Bonds, Refunding, Ser. A | 5.50 | 11/15/2053 | 3000000 | 3135453 |
| &nbsp;&nbsp;&nbsp; Park Creek Metropolitan District, Tax Allocation Bonds, Refunding (Insured; <br> Assured Guaranty Corp.)<br>| 5.00 | 12/1/2044 | 1000000 | 1050377 |
| &nbsp;&nbsp;&nbsp; Regional Transportation District, Revenue Bonds, Refunding (Denver Transit <br> Partners) Ser. A<br>| 5.00 | 1/15/2031 | 950000 | 1031847 |
|  |  |  |  | **11080616** |
| **Delaware — .2%** | **Delaware — .2%** | **Delaware — .2%** | **Delaware — .2%** | **Delaware — .2%** |
| &nbsp;&nbsp;&nbsp; Delaware Economic Development Authority, Revenue Bonds (ACTS <br> Retirement-Life Communities Obligated Group) Ser. B<br>| 5.25 | 11/15/2053 | 1000000 | **1011653** |
| **District of Columbia — 2.1%** | **District of Columbia — 2.1%** | **District of Columbia — 2.1%** | **District of Columbia — 2.1%** | **District of Columbia — 2.1%** |
| District of Columbia, Revenue Bonds, Ser. A | 5.50 | 7/1/2047 | 3000000 | 3217806 |
| &nbsp;&nbsp;&nbsp; District of Columbia, Revenue Bonds, Refunding (The Catholic University of <br> America) Ser. A<br>| 5.75 | 10/1/2055 | 1000000 | 1054440 |
| Metropolitan Washington Airports Authority, Revenue Bonds, Refunding | 5.00 | 10/1/2035 | 1500000 | 1538701 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority, Revenue Bonds, Refunding <br> (Dulles Metrorail) Ser. B<br>| 4.00 | 10/1/2049 | 2500000 | 2192326 |
| &nbsp;&nbsp;&nbsp; Metropolitan Washington Airports Authority, Revenue Bonds, Refunding, Ser. <br> A<br>| 5.00 | 10/1/2035 | 1000000 | 1013080 |
|  |  |  |  | **9016353** |
| **Florida — 4.3%** | **Florida — 4.3%** | **Florida — 4.3%** | **Florida — 4.3%** | **Florida — 4.3%** |
| Broward County Airport System, Revenue Bonds | 5.00 | 10/1/2037 | 1560000 | 1592026 |
| &nbsp;&nbsp;&nbsp; Florida Development Finance Corp., Revenue Bonds, Refunding (Brightline <br> Florida Passenger Rail Project) (Insured; Assured Guaranty Corp.)<br>| 5.25 | 7/1/2053 | 2410000 | 2374245 |
| &nbsp;&nbsp;&nbsp; Florida Local Government Finance Commission, Revenue Bonds (Bridgeprep <br> Academy Projects) Ser. A<sup>(b)</sup> <br>| 5.50 | 6/15/2040 | 2300000 | 2401978 |

---

**4**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** |
| **Florida — 4.3% (continued)** | **Florida — 4.3% (continued)** | **Florida — 4.3% (continued)** | **Florida — 4.3% (continued)** | **Florida — 4.3% (continued)** |
| Florida Municipal Power Agency, Revenue Bonds, Ser. A | 3.00 | 10/1/2032 | 1000000 | 994726 |
| &nbsp;&nbsp;&nbsp; Hillsborough County Aviation Authority, Revenue Bonds (Tampa International <br> Airport)<br>| 5.00 | 10/1/2034 | 1000000 | 1097448 |
| Jacksonville, Revenue Bonds, Refunding (Brooks Rehabilitation Project) | 4.00 | 11/1/2045 | 1500000 | 1340582 |
| Miami Beach Stormwater, Revenue Bonds, Refunding | 5.00 | 9/1/2047 | 2500000 | 2521140 |
| &nbsp;&nbsp;&nbsp; Orange County Health Facilities Authority, Revenue Bonds (Orlando Health <br> Obligated Group) Ser. A<br>| 5.00 | 10/1/2053 | 2000000 | 2032329 |
| &nbsp;&nbsp;&nbsp; Palm Beach County Health Facilities Authority, Revenue Bonds, Refunding <br> (Baptist Health South Florida Obligated Group)<br>| 4.00 | 8/15/2049 | 3305000 | 2919778 |
| Village Community Development District No. 15, Special Assessment Bonds<sup>(b)</sup> <br>| 5.25 | 5/1/2054 | 1410000 | 1415254 |
|  |  |  |  | **18689506** |
| **Georgia — 2.2%** | **Georgia — 2.2%** | **Georgia — 2.2%** | **Georgia — 2.2%** | **Georgia — 2.2%** |
| &nbsp;&nbsp;&nbsp; Georgia Municipal Electric Authority, Revenue Bonds (Plant Vogtle Units <br> 3&4 Project)<br>| 5.00 | 1/1/2037 | 1100000 | 1142251 |
| &nbsp;&nbsp;&nbsp; Georgia Municipal Electric Authority, Revenue Bonds (Plant Vogtle Units <br> 3&4 Project) (Insured; Assured Guaranty Corp.) Ser. A<br>| 5.00 | 7/1/2055 | 1000000 | 1013149 |
| &nbsp;&nbsp;&nbsp; Georgia Municipal Electric Authority, Revenue Bonds, Refunding (Insured; <br> Build America Mutual) Ser. A<br>| 5.25 | 1/1/2054 | 1995000 | 2070256 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. B<sup>(a)</sup> <br>| 5.00 | 6/1/2029 | 2000000 | 2097419 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. C<sup>(a)</sup> <br>| 4.00 | 9/1/2026 | 1250000 | 1257252 |
| Main Street Natural Gas, Inc., Revenue Bonds, Ser. E<sup>(a)</sup> <br>| 5.00 | 12/1/2032 | 1000000 | 1077667 |
| &nbsp;&nbsp;&nbsp; Savannah Georgia Convention Center Authority, Revenue Bonds (Insured; <br> Assured Guaranty Corp.) Ser. C<br>| 5.00 | 6/1/2039 | 535000 | 598154 |
|  |  |  |  | **9256148** |
| **Illinois — 7.0%** | **Illinois — 7.0%** | **Illinois — 7.0%** | **Illinois — 7.0%** | **Illinois — 7.0%** |
| Chicago, GO (Housing and Economic Development Projects) Ser. F | 6.00 | 1/1/2055 | 1500000 | 1568011 |
| Chicago, GO, Ser. A | 5.00 | 1/1/2045 | 1500000 | 1469726 |
| Chicago, GO, Ser. A | 6.00 | 1/1/2050 | 1000000 | 1047056 |
| Chicago Board of Education, GO, Ser. A | 6.00 | 12/1/2049 | 1000000 | 1028021 |
| Chicago Board of Education, GO, Ser. A | 6.25 | 12/1/2050 | 1000000 | 1059166 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education, GO, Refunding (Insured; Assured Guaranty Corp.) <br> Ser. A<br>| 5.00 | 12/1/2033 | 1000000 | 1040379 |
| &nbsp;&nbsp;&nbsp; Chicago Board of Education, GO, Refunding (Insured; Assured Guaranty Corp.) <br> Ser. C<br>| 5.00 | 12/1/2030 | 1500000 | 1572692 |
| Chicago Board of Education, GO, Refunding, Ser. B | 5.50 | 12/1/2032 | 1200000 | 1293844 |
| Chicago Board of Education, GO, Refunding, Ser. B | 5.50 | 12/1/2035 | 2000000 | 2163941 |
| Chicago O'Hare International Airport, Revenue Bonds, Ser. A | 5.50 | 1/1/2055 | 1500000 | 1546141 |
| Chicago Park District, GO, Refunding, Ser. C | 5.00 | 1/1/2039 | 1150000 | 1244514 |
| &nbsp;&nbsp;&nbsp; Chicago Wastewater Transmission, Revenue Bonds, Refunding (Insured; Build <br> America Mutual) Ser. A<br>| 5.00 | 1/1/2044 | 1500000 | 1591888 |
| Chicago Waterworks, Revenue Bonds, Refunding, Ser. A | 5.00 | 11/1/2039 | 1750000 | 1948373 |
| Cook County, Revenue Bonds, Refunding | 5.00 | 11/15/2045 | 1000000 | 1052011 |
| Illinois, GO, Refunding, Ser. D | 4.00 | 7/1/2037 | 1750000 | 1762439 |
| Illinois, Revenue Bonds, Ser. C | 5.00 | 6/15/2045 | 2000000 | 2086111 |
| &nbsp;&nbsp;&nbsp; Illinois Finance Authority, Revenue Bonds, Refunding (The University of <br> Chicago) Ser. A<br>| 4.00 | 4/1/2050 | 3760000 | 3327924 |
| &nbsp;&nbsp;&nbsp; Illinois Housing Development Authority, Revenue Bonds (Sustainable Bond) <br> (Insured; GNMA, FNMA, FHLMC) Ser. A<br>| 3.00 | 4/1/2051 | 1040000 | 1031149 |

---

**5**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** |
| **Illinois — 7.0% (continued)** | **Illinois — 7.0% (continued)** | **Illinois — 7.0% (continued)** | **Illinois — 7.0% (continued)** | **Illinois — 7.0% (continued)** |
| &nbsp;&nbsp;&nbsp; Metropolitan Water Reclamation District of Greater Chicago, GO (Sustainable <br> Bond) Ser. A<br>| 5.00 | 12/1/2044 | 1000000 | 1071833 |
| &nbsp;&nbsp;&nbsp; Northern Illinois University, Revenue Bonds, Refunding (Insured; Build <br> America Mutual) Ser. B<br>| 4.00 | 4/1/2040 | 1075000 | 1074701 |
|  |  |  |  | **29979920** |
| **Indiana — .5%** | **Indiana — .5%** | **Indiana — .5%** | **Indiana — .5%** | **Indiana — .5%** |
| &nbsp;&nbsp;&nbsp; Indiana Finance Authority, Revenue Bonds, Refunding (CWA Authority <br> Project) Ser. 1<br>| 4.00 | 10/1/2036 | 1980000 | **2065071** |
| **Iowa — 2.0%** | **Iowa — 2.0%** | **Iowa — 2.0%** | **Iowa — 2.0%** | **Iowa — 2.0%** |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, Revenue Bonds, Refunding (Iowa Fertilizer Co. <br> Project)<sup>(c)</sup> <br>| 5.00 | 12/1/2032 | 1000000 | 1162666 |
| &nbsp;&nbsp;&nbsp; Iowa Finance Authority, Revenue Bonds, Refunding (Lifespace Communities <br> Obligated Group) Ser. B<br>| 7.25 | 5/15/2038 | 2000000 | 2308612 |
| Iowa Student Loan Liquidity Corp., Revenue Bonds, Ser. B | 5.00 | 12/1/2030 | 1500000 | 1598849 |
| Iowa Tobacco Settlement Authority, Revenue Bonds, Refunding, Ser. A2 | 4.00 | 6/1/2049 | 2000000 | 1691730 |
| PEFA, Inc., Revenue Bonds (Gas Project)<sup>(a)</sup> <br>| 5.00 | 9/1/2026 | 2000000 | 2023815 |
|  |  |  |  | **8785672** |
| **Kentucky — 1.9%** | **Kentucky — 1.9%** | **Kentucky — 1.9%** | **Kentucky — 1.9%** | **Kentucky — 1.9%** |
| Kentucky Public Energy Authority, Revenue Bonds, Ser. B | 5.00 | 12/1/2033 | 3000000 | 3146417 |
| Kentucky Public Energy Authority, Revenue Bonds, Refunding, Ser. A1<sup>(a)</sup> <br>| 5.25 | 2/1/2032 | 4500000 | 4865911 |
|  |  |  |  | **8012328** |
| **Louisiana — 2.2%** | **Louisiana — 2.2%** | **Louisiana — 2.2%** | **Louisiana — 2.2%** | **Louisiana — 2.2%** |
| Ernest N. Morial New Orleans Exhibition Hall Authority, Special Tax Bonds | 5.50 | 7/15/2054 | 2000000 | 2103218 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities Authority, Revenue Bonds (Calcasieu Bridge <br> Partners)<br>| 5.50 | 9/1/2059 | 2500000 | 2535000 |
| &nbsp;&nbsp;&nbsp; Louisiana Public Facilities Authority, Revenue Bonds, Refunding (Ochsner <br> Clinic Foundation Obligated Group) Ser. A<br>| 5.50 | 5/15/2050 | 1335000 | 1423982 |
| &nbsp;&nbsp;&nbsp; New Orleans Aviation Board, Revenue Bonds, Refunding (Insured; Assured <br> Guaranty Corp.)<br>| 5.00 | 1/1/2036 | 1135000 | 1176180 |
| Parish of St. James, Revenue Bonds (Nustar Logistics LP Project) Ser. B<sup>(a),(b)</sup> <br>| 6.10 | 6/1/2030 | 1135000 | 1258851 |
| Parish of St. John, Revenue Bonds, Refunding (Marathon Oil Corp.)<sup>(a)</sup> <br>| 2.20 | 7/1/2026 | 1000000 | 997361 |
|  |  |  |  | **9494592** |
| **Maine — .4%** | **Maine — .4%** | **Maine — .4%** | **Maine — .4%** | **Maine — .4%** |
| Finance Authority of Maine, Revenue Bonds | 5.50 | 7/1/2050 | 1750000 | **1860388** |
| **Maryland — .6%** | **Maryland — .6%** | **Maryland — .6%** | **Maryland — .6%** | **Maryland — .6%** |
| &nbsp;&nbsp;&nbsp; Maryland Economic Development Corp., Revenue Bonds (Sustainable Bond) <br> (Purple Line Transit Partners) Ser. B<br>| 5.25 | 6/30/2055 | 2490000 | **2473726** |
| **Massachusetts — 2.2%** | **Massachusetts — 2.2%** | **Massachusetts — 2.2%** | **Massachusetts — 2.2%** | **Massachusetts — 2.2%** |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Revenue Bonds (Brown <br> University) Ser. A<br>| 5.50 | 8/15/2050 | 1500000 | 1568305 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Revenue Bonds, Refunding <br> (Beth Israel Lahey Health Obligated Group) Ser. N<br>| 5.50 | 7/1/2055 | 3170000 | 3334360 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Revenue Bonds, Refunding <br> (Suffolk University)<br>| 5.00 | 7/1/2027 | 1750000 | 1780108 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Revenue Bonds, Refunding, Ser. <br> G<br>| 5.25 | 11/1/2051 | 1000000 | 1044250 |
| &nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, Revenue Bonds, Refunding <br> (Sustainable Bond) (Boston Medical Center)<br>| 4.38 | 7/1/2052 | 1000000 | 893610 |
| Massachusetts Housing Finance Agency, Revenue Bonds, Ser. B | 4.50 | 6/1/2056 | 860000 | 823698 |
|  |  |  |  | **9444331** |

---

**6**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** |
| **Michigan — 3.9%** | **Michigan — 3.9%** | **Michigan — 3.9%** | **Michigan — 3.9%** | **Michigan — 3.9%** |
| &nbsp;&nbsp;&nbsp; Detroit Downtown Development Authority, Tax Allocation Bonds, Refunding <br> (Catalyst Development Project)<br>| 5.00 | 7/1/2042 | 1500000 | 1615220 |
| &nbsp;&nbsp;&nbsp; Detroit Downtown Development Authority, Tax Allocation Bonds, Refunding <br> (Catalyst Development Project)<br>| 5.00 | 7/1/2048 | 2885000 | 2981892 |
| Great Lakes Water Authority, Revenue Bonds, Ser. D | 5.50 | 7/1/2050 | 1500000 | 1616638 |
| Karegnondi Water Authority, Revenue Bonds, Refunding | 5.00 | 11/1/2041 | 1000000 | 1023107 |
| &nbsp;&nbsp;&nbsp; Michigan Finance Authority, Revenue Bonds (Henry Ford Health System <br> Obligated Group) Ser. A<br>| 4.00 | 11/15/2050 | 1665000 | 1478421 |
| Michigan Finance Authority, Revenue Bonds (Sustainable Bond) (Henry Ford) | 4.38 | 2/28/2054 | 1000000 | 942970 |
| Michigan Housing Development Authority, Revenue Bonds, Ser. C | 5.05 | 6/1/2051 | 1500000 | 1510834 |
| Michigan Strategic Fund, Revenue Bonds (I-75 Improvement Project) | 5.00 | 6/30/2033 | 3900000 | 4055192 |
| Pontiac School District, GO (Insured; Qualified School Board Loan Fund) | 4.00 | 5/1/2045 | 1800000 | 1716504 |
|  |  |  |  | **16940778** |
| **Minnesota — .7%** | **Minnesota — .7%** | **Minnesota — .7%** | **Minnesota — .7%** | **Minnesota — .7%** |
| &nbsp;&nbsp;&nbsp; Minnesota Agricultural & Economic Development Board, Revenue Bonds <br> (HealthPartners Obligated Group)<br>| 5.25 | 1/1/2054 | 2000000 | 2060877 |
| Woodbury, Revenue Bonds, Refunding (Math & Science Academy)<sup>(b)</sup> <br>| 5.50 | 6/1/2063 | 1000000 | 925167 |
|  |  |  |  | **2986044** |
| **Missouri — .2%** | **Missouri — .2%** | **Missouri — .2%** | **Missouri — .2%** | **Missouri — .2%** |
| &nbsp;&nbsp;&nbsp; Missouri Health & Educational Facilities Authority, Revenue Bonds, Refunding <br> (Lutheran Senior Services Obligated Group) Ser. A<br>| 5.25 | 2/1/2054 | 1000000 | **1002999** |
| **Nevada — 1.6%** | **Nevada — 1.6%** | **Nevada — 1.6%** | **Nevada — 1.6%** | **Nevada — 1.6%** |
| Clark County, GO, Ser. A | 5.00 | 6/1/2043 | 5000000 | 5146418 |
| Clark County School District, GO, Ser. A | 5.00 | 6/15/2039 | 1500000 | 1648090 |
|  |  |  |  | **6794508** |
| **New Hampshire — .8%** | **New Hampshire — .8%** | **New Hampshire — .8%** | **New Hampshire — .8%** | **New Hampshire — .8%** |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, Revenue Bonds (The Wildflower <br> Project)<sup>(b),(d)</sup> <br>| 0.00 | 12/15/2033 | 1500000 | 908158 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, Revenue Bonds (University of <br> Nevada Reno Project) (Insured; Build America Mutual) Ser. A<br>| 4.00 | 12/1/2040 | 515000 | 522470 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, Revenue Bonds (University of <br> Nevada Reno Project) (Insured; Build America Mutual) Ser. A<br>| 4.13 | 12/1/2043 | 900000 | 886171 |
| &nbsp;&nbsp;&nbsp; New Hampshire Business Finance Authority, Revenue Bonds (Winston-Salem <br> Sustainable Energy Partners) Ser. A<br>| 5.50 | 6/1/2050 | 1000000 | 1042118 |
|  |  |  |  | **3358917** |
| **New Jersey — 1.2%** | **New Jersey — 1.2%** | **New Jersey — 1.2%** | **New Jersey — 1.2%** | **New Jersey — 1.2%** |
| &nbsp;&nbsp;&nbsp; New Jersey Economic Development Authority, Revenue Bonds (Repauno Port <br> & Rail Terminal Project)<sup>(b)</sup> <br>| 6.38 | 1/1/2035 | 1595000 | 1664087 |
| New Jersey Transportation Trust Fund Authority, Revenue Bonds, Ser. BB | 5.25 | 6/15/2050 | 1500000 | 1578297 |
| &nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund Authority, Revenue Bonds, Refunding, <br> Ser. AA<br>| 5.00 | 6/15/2042 | 1500000 | 1643728 |
| Tobacco Settlement Financing Corp., Revenue Bonds, Refunding, Ser. A | 5.25 | 6/1/2046 | 320000 | 319193 |
|  |  |  |  | **5205305** |
| **New York — 9.2%** | **New York — 9.2%** | **New York — 9.2%** | **New York — 9.2%** | **New York — 9.2%** |
| &nbsp;&nbsp;&nbsp; Albany Capital Resource Corp., Revenue Bonds, Refunding (Albany Medical <br> Center Hospital Project) Ser. A<br>| 5.50 | 5/1/2055 | 1000000 | 1057335 |
| &nbsp;&nbsp;&nbsp; Build NYC Resource Corp., Revenue Bonds (The Renaissance Charter School <br> 2 Project) Ser. A<br>| 4.25 | 6/15/2035 | 2040000 | 2056607 |
| New York City, GO, Ser. F1 | 4.00 | 3/1/2047 | 150000 | 136805 |
| New York Energy Finance Development Corp., Revenue Bonds<sup>(a)</sup> <br>| 5.00 | 12/1/2033 | 1000000 | 1066731 |
| &nbsp;&nbsp;&nbsp; New York Liberty Development Corp., Revenue Bonds, Refunding (Goldman <br> Sachs Headquarters)<br>| 5.25 | 10/1/2035 | 1000000 | 1182047 |

---

**7**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** |
| **New York — 9.2% (continued)** | **New York — 9.2% (continued)** | **New York — 9.2% (continued)** | **New York — 9.2% (continued)** | **New York — 9.2% (continued)** |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., Revenue Bonds (Delta Air <br> Lines)<br>| 4.38 | 10/1/2045 | 1500000 | 1420561 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., Revenue Bonds (Delta Air <br> Lines)<br>| 5.00 | 1/1/2032 | 1500000 | 1551626 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., Revenue Bonds (John F. <br> Kennedy International Airport New Terminal One Project) (Insured; <br> Assured Guaranty Corp.)<br>| 6.00 | 6/30/2055 | 4500000 | 4858972 |
| &nbsp;&nbsp;&nbsp; New York Transportation Development Corp., Revenue Bonds (John F. <br> Kennedy International Airport Terminal)<br>| 5.00 | 12/1/2040 | 2000000 | 2113377 |
| &nbsp;&nbsp;&nbsp; Tender Option Bond Trust Receipts, (Series 2023-XF1639) (New York State <br> Urban Development Corp., Revenue Bonds, Ser. A) Non-Recourse, <br> Underlying Coupon Rate 5.00%<sup>(b),(e),(f)</sup> <br>| 8.96 | 3/15/2053 | 7500000 | 10277371 |
| Triborough Bridge & Tunnel Authority, Revenue Bonds, Ser. A1 | 5.25 | 5/15/2059 | 5000000 | 5227020 |
| &nbsp;&nbsp;&nbsp; Triborough Bridge & Tunnel Authority, Revenue Bonds, (MTA Bridges & <br> Tunnels) Ser. A<br>| 5.25 | 5/15/2057 | 2500000 | 2595963 |
| Triborough Bridge & Tunnel Authority, Revenue Bonds, Refunding, Ser. C | 5.25 | 5/15/2052 | 5000000 | 5192913 |
| &nbsp;&nbsp;&nbsp; Westchester County Local Development Corp., Revenue Bonds, Refunding <br> (Purchase Senior Learning Community Obligated Group)<sup>(b)</sup> <br>| 5.00 | 7/1/2046 | 1000000 | 950794 |
|  |  |  |  | **39688122** |
| **North Carolina — 2.4%** | **North Carolina — 2.4%** | **North Carolina — 2.4%** | **North Carolina — 2.4%** | **North Carolina — 2.4%** |
| &nbsp;&nbsp;&nbsp; Charlotte Airport, Revenue Bonds, Refunding (Charlotte Douglas <br> International) Ser. B<br>| 5.00 | 7/1/2038 | 1000000 | 1082692 |
| &nbsp;&nbsp;&nbsp; North Carolina Housing Finance Agency, Revenue Bonds (Insured; <br> GNMA,FNMA, FHLMC) Ser. A<br>| 3.55 | 7/1/2034 | 1585000 | 1615741 |
| &nbsp;&nbsp;&nbsp; North Carolina Housing Finance Agency, Revenue Bonds (Insured; <br> GNMA,FNMA, FHLMC) Ser. A<br>| 3.65 | 7/1/2035 | 1300000 | 1318388 |
| &nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission, Revenue Bonds (Carolina Meadows <br> Obligated Group)<br>| 5.25 | 12/1/2049 | 2145000 | 2194682 |
| &nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission, Revenue Bonds (Deerfield Episcopal <br> Retirement Community Project)<br>| 3.45 | 11/1/2030 | 1000000 | 1004002 |
| &nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission, Revenue Bonds (The United <br> Methodist Retirement Homes Project) Ser. B1<br>| 3.75 | 10/1/2030 | 1160000 | 1166340 |
| &nbsp;&nbsp;&nbsp; North Carolina Medical Care Commission, Revenue Bonds (Twin Lakes <br> Community) Ser. A<br>| 5.00 | 1/1/2038 | 1000000 | 1026669 |
| North Carolina Medical Care Commission, Revenue Bonds, Refunding | 5.00 | 10/1/2034 | 670000 | 721972 |
|  |  |  |  | **10130486** |
| **North Dakota — .2%** | **North Dakota — .2%** | **North Dakota — .2%** | **North Dakota — .2%** | **North Dakota — .2%** |
| University of North Dakota, COP (Insured; Assured Guaranty Corp.) Ser. A | 4.00 | 6/1/2046 | 885000 | **828785** |
| **Ohio — 2.7%** | **Ohio — 2.7%** | **Ohio — 2.7%** | **Ohio — 2.7%** | **Ohio — 2.7%** |
| &nbsp;&nbsp;&nbsp; Buckeye Tobacco Settlement Financing Authority, Revenue Bonds, Refunding, <br> Ser. A2<br>| 4.00 | 6/1/2048 | 7335000 | 6327602 |
| Cuyahoga County, Revenue Bonds, Refunding (The MetroHealth System) | 5.25 | 2/15/2047 | 1000000 | 963541 |
| &nbsp;&nbsp;&nbsp; Hamilton County, Revenue Bonds, Refunding (Life Enriching Communities <br> Project)<br>| 5.50 | 1/1/2055 | 750000 | 764622 |
| University of Cincinnati, Revenue Bonds, Ser. A | 5.25 | 6/1/2049 | 3000000 | 3165254 |
| &nbsp;&nbsp;&nbsp; Warren County, Revenue Bonds, Refunding (Otterbein Homes Obligated <br> Group)<br>| 5.00 | 7/1/2054 | 535000 | 528289 |
|  |  |  |  | **11749308** |
| **Oklahoma — .2%** | **Oklahoma — .2%** | **Oklahoma — .2%** | **Oklahoma — .2%** | **Oklahoma — .2%** |
| &nbsp;&nbsp;&nbsp; Oklahoma Development Finance Authority, Revenue Bonds (OU Medicine <br> Project) Ser. B<br>| 5.50 | 8/15/2057 | 1000000 | **994906** |

---

**8**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** |
| **Oregon — 1.1%** | **Oregon — 1.1%** | **Oregon — 1.1%** | **Oregon — 1.1%** | **Oregon — 1.1%** |
| Port of Portland, Revenue Bonds, Refunding (Sustainable Bond) Ser. 29 | 5.50 | 7/1/2048 | 1150000 | 1212485 |
| Port of Portland, Revenue Bonds, Refunding (Sustainable Bond) Ser. 29 | 5.50 | 7/1/2053 | 3250000 | 3408242 |
|  |  |  |  | **4620727** |
| **Pennsylvania — 5.7%** | **Pennsylvania — 5.7%** | **Pennsylvania — 5.7%** | **Pennsylvania — 5.7%** | **Pennsylvania — 5.7%** |
| &nbsp;&nbsp;&nbsp; Allegheny County Higher Education Building Authority, Revenue Bonds <br> (Duquesne University)<br>| 5.00 | 3/1/2045 | 2500000 | 2625989 |
| &nbsp;&nbsp;&nbsp; Allentown Neighborhood Improvement Zone Development Authority, <br> Revenue Bonds (City Center Project)<sup>(b)</sup> <br>| 5.00 | 5/1/2033 | 2750000 | 2843757 |
| &nbsp;&nbsp;&nbsp; Chester County Health & Education Facilities Authority, Revenue Bonds (Main <br> Line Health System Obligated Group) Ser. A<br>| 4.00 | 9/1/2050 | 2500000 | 2210103 |
| &nbsp;&nbsp;&nbsp; Luzerne County Industrial Development Authority, Revenue Bonds, Refunding <br> (Pennsylvania-American Water Co.)<sup>(a)</sup> <br>| 2.45 | 12/3/2029 | 1750000 | 1633752 |
| &nbsp;&nbsp;&nbsp; Montgomery County Industrial Development Authority, Revenue Bonds, <br> Refunding (ACTS Retirement-Life Communities Obligated Group)<br>| 5.00 | 11/15/2036 | 3500000 | 3540672 |
| Pennsylvania Higher Education Assistance Agency, Revenue Bonds, Ser. A | 5.00 | 6/1/2029 | 1400000 | 1471517 |
| Pennsylvania Turnpike Commission, Revenue Bonds, Refunding | 5.00 | 12/1/2043 | 1500000 | 1620810 |
| Pennsylvania Turnpike Commission Oil Franchise, Revenue Bonds, Ser. B | 5.25 | 12/1/2048 | 3000000 | 3068080 |
| Philadelphia Gas Works Co., Revenue Bonds, Refunding, Ser. A | 5.00 | 8/1/2039 | 2000000 | 2241743 |
| &nbsp;&nbsp;&nbsp; Philadelphia Housing Authority, Revenue Bonds (PHADC Acquisition <br> Program) Ser. A<br>| 5.25 | 3/1/2043 | 2000000 | 2128760 |
| The Philadelphia School District, GO (Insured; State Aid Withholding) Ser. A | 5.00 | 9/1/2038 | 1000000 | 1042667 |
|  |  |  |  | **24427850** |
| **Rhode Island — .5%** | **Rhode Island — .5%** | **Rhode Island — .5%** | **Rhode Island — .5%** | **Rhode Island — .5%** |
| &nbsp;&nbsp;&nbsp; Rhode Island Health & Educational Building Corp., Revenue Bonds (Lifespan <br> Obligated Group)<br>| 5.25 | 5/15/2054 | 1250000 | 1258778 |
| &nbsp;&nbsp;&nbsp; Rhode Island Health and Educational Building Corp., Revenue Bonds (Insured; <br> Assured Guaranty Corp.) (PRG - RI Properties LLC) Ser. A<br>| 5.00 | 7/1/2050 | 1000000 | 1006201 |
|  |  |  |  | **2264979** |
| **South Carolina — 1.8%** | **South Carolina — 1.8%** | **South Carolina — 1.8%** | **South Carolina — 1.8%** | **South Carolina — 1.8%** |
| Piedmont Municipal Power Agency, Revenue Bonds, Refunding, Ser. D | 4.00 | 1/1/2033 | 3000000 | 3099884 |
| &nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development Authority, Revenue Bonds <br> (Rolling Green Village Project)<br>| 4.00 | 12/1/2030 | 1000000 | 1008847 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, Revenue Bonds, Refunding (Santee <br> Cooper) Ser. A<br>| 4.00 | 12/1/2055 | 1855000 | 1625171 |
| &nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, Revenue Bonds, Refunding (Santee <br> Cooper) Ser. B<br>| 5.25 | 12/1/2054 | 2000000 | 2073698 |
|  |  |  |  | **7807600** |
| **Tennessee — 1.5%** | **Tennessee — 1.5%** | **Tennessee — 1.5%** | **Tennessee — 1.5%** | **Tennessee — 1.5%** |
| &nbsp;&nbsp;&nbsp; Knox County Health Educational & Housing Facility Board, Revenue Bonds, <br> Refunding (East Tennessee Children's Hospital)<br>| 4.00 | 11/15/2048 | 1010000 | 877106 |
| &nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & Davidson County Health & Educational <br> Facilities Board, Revenue Bonds (Belmont University)<br>| 5.25 | 5/1/2048 | 1750000 | 1804654 |
| Tennergy Corp., Revenue Bonds, Ser. A<sup>(a)</sup> <br>| 4.00 | 9/1/2028 | 2000000 | 2037888 |
| The Metropolitan Nashville Airport Authority, Revenue Bonds, Ser. B | 5.50 | 7/1/2052 | 1500000 | 1569660 |
|  |  |  |  | **6289308** |
| **Texas — 9.2%** | **Texas — 9.2%** | **Texas — 9.2%** | **Texas — 9.2%** | **Texas — 9.2%** |
| &nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp., Revenue Bonds (BASIS Texas <br> Charter Schools)<sup>(b)</sup> <br>| 4.88 | 6/15/2059 | 500000 | 447960 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Revenue Bonds, Refunding (IDEA <br> Public Schools) (Insured; Permanent School Fund Guarantee Program)<br>| 4.00 | 8/15/2054 | 1000000 | 895072 |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Revenue Bonds, Refunding (Insured; <br> Permanent School Fund Guarantee Program)<br>| 5.00 | 8/15/2042 | 2000000 | 2165472 |

---

**9**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** |
| **Texas — 9.2% (continued)** | **Texas — 9.2% (continued)** | **Texas — 9.2% (continued)** | **Texas — 9.2% (continued)** | **Texas — 9.2% (continued)** |
| &nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., Revenue Bonds, Refunding <br> (International Leadership of Texas, Inc.) (Insured; Permanent School Fund <br> Guarantee Program) Ser. A<br>| 5.25 | 2/15/2049 | 2550000 | 2656163 |
| Dallas Area Rapid Transit, Revenue Bonds, Refunding, Ser. B | 4.00 | 12/1/2051 | 1850000 | 1674532 |
| Dallas Fort Worth International Airport, Revenue Bonds, Refunding, Ser. B | 5.00 | 11/1/2040 | 2500000 | 2731236 |
| &nbsp;&nbsp;&nbsp; El Paso County Hospital District, GO (El Paso County) (Insured; Assured <br> Guaranty Corp.)<br>| 5.50 | 2/15/2050 | 1500000 | 1594550 |
| Garland Electric Utility System, Revenue Bonds, Refunding | 5.00 | 3/1/2044 | 1500000 | 1540139 |
| Georgetown Utility System, Revenue Bonds (Insured; Assured Guaranty Corp.) | 5.25 | 8/15/2052 | 3000000 | 3104963 |
| Houston Airport System, Revenue Bonds (United Airlines) Ser. B | 5.50 | 7/15/2037 | 2000000 | 2180682 |
| Houston Airport System, Revenue Bonds (United Airlines) Ser. C | 5.00 | 7/15/2028 | 1000000 | 1029723 |
| Lamar Consolidated Independent School District, GO | 4.00 | 2/15/2053 | 1225000 | 1099077 |
| Love Field Airport Modernization Corp., Revenue Bonds | 5.00 | 11/1/2034 | 3500000 | 3503981 |
| &nbsp;&nbsp;&nbsp; Lower Colorado River Authority, Revenue Bonds, Refunding (LCRA <br> Transmission Services Corp.) Ser. A<br>| 4.00 | 5/15/2049 | 1000000 | 882533 |
| &nbsp;&nbsp;&nbsp; Mission Economic Development Corp., Revenue Bonds, Refunding <br> (Natgasoline Project)<sup>(b)</sup> <br>| 4.63 | 10/1/2031 | 3875000 | 3889564 |
| &nbsp;&nbsp;&nbsp; New Hope Cultural Education Facilities Finance Corp., Revenue Bonds, <br> Refunding (Brazos Presbyterian Homes, Inc. Project)<br>| 5.25 | 1/1/2036 | 1000000 | 1105857 |
| &nbsp;&nbsp;&nbsp; North East Texas Regional Mobility Authority, Revenue Bonds, Refunding, Ser. <br> A<br>| 5.25 | 1/1/2045 | 1000000 | 1064266 |
| Plano Independent School District, GO | 5.00 | 2/15/2043 | 1000000 | 1074250 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp., Revenue Bonds <br> (CHRISTUS Health Obligated Group) Ser. A<sup>(a)</sup> <br>| 5.00 | 7/1/2032 | 1500000 | 1650520 |
| &nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities Finance Corp., Revenue Bonds, <br> Refunding (Cook Children's Medical Center)<br>| 5.00 | 12/1/2043 | 1000000 | 1073760 |
| Texas Municipal Gas Acquisition & Supply Corp. IV, Revenue Bonds, Ser. B<sup>(a)</sup> <br>| 5.50 | 1/1/2034 | 2000000 | 2253085 |
| &nbsp;&nbsp;&nbsp; Texas Municipal Power Agency, Revenue Bonds, Refunding (Insured; Build <br> America Mutual)<br>| 5.50 | 9/1/2050 | 1700000 | 1811899 |
|  |  |  |  | **39429284** |
| **U.S. Related — 1.6%** | **U.S. Related — 1.6%** | **U.S. Related — 1.6%** | **U.S. Related — 1.6%** | **U.S. Related — 1.6%** |
| Puerto Rico, GO, Ser. A1 | 5.63 | 7/1/2027 | 4500000 | 4601995 |
| Puerto Rico, GO, Ser. A1 | 5.63 | 7/1/2029 | 2000000 | 2125634 |
|  |  |  |  | **6727629** |
| **Utah — 1.5%** | **Utah — 1.5%** | **Utah — 1.5%** | **Utah — 1.5%** | **Utah — 1.5%** |
| &nbsp;&nbsp;&nbsp; Downtown Revitalization Public Infrastructure District, Revenue Bonds <br> (Insured; Assured Guaranty Corp.) Ser. B<br>| 5.50 | 6/1/2055 | 1000000 | 1069369 |
| Mida Cormont Public Infrastructure District, GO, Ser. A1<sup>(b)</sup> <br>| 6.25 | 6/1/2055 | 1000000 | 1047106 |
| &nbsp;&nbsp;&nbsp; Pine View Public Infrastructure District No. 2, Special Assessment Bonds <br> (Firelight Assessment Area No. 1)<sup>(b)</sup> <br>| 6.25 | 12/1/2055 | 1100000 | 1101143 |
| Salt Lake City Airport, Revenue Bonds, Ser. A | 5.00 | 7/1/2034 | 2000000 | 2049687 |
| &nbsp;&nbsp;&nbsp; Utah Telecommunication Open Infrastructure Agency, Revenue Bonds, <br> Refunding<br>| 5.50 | 6/1/2040 | 1200000 | 1351649 |
|  |  |  |  | **6618954** |
| **Virginia — .7%** | **Virginia — .7%** | **Virginia — .7%** | **Virginia — .7%** | **Virginia — .7%** |
| Virginia Housing Development Authority, Revenue Bonds, Ser. G<sup>(a)</sup> <br>| 3.13 | 4/1/2027 | 2000000 | 2000251 |
| &nbsp;&nbsp;&nbsp; Williamsburg Economic Development Authority, Revenue Bonds (William & <br> Mary Project) (Insured; Assured Guaranty Corp.) Ser. A<br>| 4.13 | 7/1/2058 | 1250000 | 1147650 |
|  |  |  |  | **3147901** |
| **Washington — 3.4%** | **Washington — 3.4%** | **Washington — 3.4%** | **Washington — 3.4%** | **Washington — 3.4%** |
| King County, Revenue Bonds, Refunding<sup>(e)</sup> <br>| 1.85 | 1/1/2042 | 3000000 | 3000000 |

---

**10**

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| Description | Coupon<br> Rate (%)<br>| Maturity<br> Date<br>| Principal<br> Amount ($)<br>| Value ($) |
| **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** | **Long-Term Municipal Investments — 100.5% (continued)** |
| **Washington — 3.4% (continued)** | **Washington — 3.4% (continued)** | **Washington — 3.4% (continued)** | **Washington — 3.4% (continued)** | **Washington — 3.4% (continued)** |
| &nbsp;&nbsp;&nbsp; Kitsap County School District No. 100, GO (Insured; School Board Guaranty) <br> Ser. C<br>| 5.25 | 12/1/2047 | 1000000 | 1063197 |
| Port of Seattle, Revenue Bonds, Refunding (Intermediate Lien) Ser. B | 5.25 | 7/1/2042 | 2500000 | 2749105 |
| Port of Seattle, Revenue Bonds, Refunding, Ser. B | 4.00 | 8/1/2047 | 1500000 | 1347529 |
| Washington, GO, Ser. B | 5.00 | 2/1/2043 | 2710000 | 2924946 |
| &nbsp;&nbsp;&nbsp; Washington Convention Center Public Facilities District, Revenue Bonds <br> (Sustainable Bond) Ser. B<br>| 4.00 | 7/1/2058 | 2000000 | 1673859 |
| &nbsp;&nbsp;&nbsp; Washington Housing Finance Commission, Revenue Bonds, Refunding <br> (Horizon House Project) Ser. B3<br>| 4.38 | 1/1/2033 | 1000000 | 1002275 |
| &nbsp;&nbsp;&nbsp; Washington Housing Finance Commission, Revenue Bonds, Refunding (Seattle <br> Academy of Arts & Sciences)<sup>(b)</sup> <br>| 6.38 | 7/1/2063 | 700000 | 748652 |
|  |  |  |  | **14509563** |
| **West Virginia — 1.4%** | **West Virginia — 1.4%** | **West Virginia — 1.4%** | **West Virginia — 1.4%** | **West Virginia — 1.4%** |
| &nbsp;&nbsp;&nbsp; West Virginia Economic Development Authority, Revenue Bonds (Commercial <br> Metals Company Project)<sup>(a)</sup> <br>| 4.63 | 5/15/2032 | 2135000 | 2184809 |
| &nbsp;&nbsp;&nbsp; West Virginia Hospital Finance Authority, Revenue Bonds (West Virginia <br> University Health System Obligated Group) Ser. A<br>| 5.50 | 6/1/2050 | 3500000 | 3720069 |
|  |  |  |  | **5904878** |
| **Wisconsin — 4.3%** | **Wisconsin — 4.3%** | **Wisconsin — 4.3%** | **Wisconsin — 4.3%** | **Wisconsin — 4.3%** |
| Public Finance Authority, Revenue Bonds (Cone Health) Ser. A | 5.00 | 10/1/2052 | 1500000 | 1515124 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, Revenue Bonds (Georgia SR 400 Express Lanes <br> Project)<br>| 6.50 | 6/30/2060 | 1500000 | 1657206 |
| Public Finance Authority, Revenue Bonds (Heritage Bend Project)<sup>(b),(d)</sup> <br>| 0.00 | 12/15/2042 | 5500000 | 1707440 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, Revenue Bonds (KSU Bixby Real Estate Foundation <br> LLC Project) Ser. B<br>| 5.50 | 6/15/2055 | 750000 | 755201 |
| Public Finance Authority, Revenue Bonds, Ser. 1 | 5.75 | 7/1/2062 | 2220799 | 2320174 |
| Public Finance Authority, Revenue Bonds, Refunding (Kahala Nui Project) | 5.00 | 11/15/2041 | 715000 | 755951 |
| Public Finance Authority, Revenue Bonds, Refunding (Legacy Hills Project)<sup>(b)</sup> <br>| 6.00 | 11/15/2045 | 2200000 | 2137434 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, Revenue Bonds, Refunding (Lindenwood Education <br> System) Ser. A<sup>(b)</sup> <br>| 5.50 | 6/1/2040 | 1500000 | 1579346 |
| &nbsp;&nbsp;&nbsp; Public Finance Authority, Revenue Bonds, Refunding (Sustainable Bond) <br> (Duke Energy Progress) Ser. B<sup>(a)</sup> <br>| 4.00 | 10/1/2030 | 2855000 | 2948487 |
| Sheboygan Area School District, GO | 3.00 | 3/1/2043 | 1000000 | 870955 |
| West Allis West Milwaukee School District, GO, Ser. W | 3.00 | 4/1/2038 | 1000000 | 947506 |
| Wisconsin Hospitals & Clinics, Revenue Bonds (Sustainable Bond) Ser. A | 4.25 | 4/1/2052 | 50000 | 46251 |
| Wisconsin Hospitals & Clinics, Revenue Bonds (Sustainable Bond) Ser. A | 5.00 | 4/1/2049 | 1000000 | 1026353 |
|  |  |  |  | **18267428** |
| &nbsp;&nbsp;&nbsp; **Total Long-Term Municipal Investments** <br>(cost $433,066,687) | &nbsp;&nbsp;&nbsp; **Total Long-Term Municipal Investments** <br>(cost $433,066,687) | &nbsp;&nbsp;&nbsp; **Total Long-Term Municipal Investments** <br>(cost $433,066,687) |  | **432014886** |
| **Total Investments** (cost $434,986,457) | **Total Investments** (cost $434,986,457) | **Total Investments** (cost $434,986,457) | **100.9%** | **433736509** |
| **Liabilities, Less Cash and Receivables** | **Liabilities, Less Cash and Receivables** | **Liabilities, Less Cash and Receivables** | **(.9%)** | **(3839577)** |
| **Net Assets**  | **Net Assets**  | **Net Assets**  | **100.0%** | **429896932** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| |
|:---|
| *COP—Certificate of Participation* |
| *FHLMC—Federal Home Loan Mortgage Corporation* |
| *FNMA—Federal National Mortgage Association* |
| *GNMA—Government National Mortgage Association* |

---

**11**

------

*SCHEDULE OF INVESTMENTS (Unaudited) (continued)*

*GO—Government Obligation*<br>

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

<sup>(a)</sup> *These securities have a put feature; the date shown represents the put date and the bond holder can take a specific action to retain the bond after the put date.*

<sup>(b)</sup> *Security exempt from registration pursuant to Rule 144A under the Securities Act of 1933. These securities may be resold in transactions exempt from* *registration, normally to qualified institutional buyers. At January 31, 2026, these securities amounted to $53,062,347 or 12.3% of net assets.* 

<sup>(c)</sup> *These securities are prerefunded; the date shown represents the prerefunded date. Bonds which are prerefunded are collateralized by U.S. Government securities* *which are held in escrow and are used to pay principal and interest on the municipal issue and to retire the bonds in full at the earliest refunding date.* 

<sup>(d)</sup> *Security issued with a zero coupon. Income is recognized through the accretion of discount.*

<sup>(e)</sup> *The Variable Rate is determined by the Remarketing Agent in its sole discretion based on prevailing market conditions and may, but need not, be established by* *reference to one or more financial indices.* 

<sup>(f)</sup> *These bonds serve as collateral in a secured borrowings. The coupon rate given represents the current interest rate for the inverse floating rate security.*

*See notes to schedule of investments.*

**12**

------

Schedule of Investments

BNY Mellon Opportunistic Municipal Securities Fund

January 31, 2026 (Unaudited)

The following is a summary of the inputs used as of January 31, 2026 in valuing the fund's investments:

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1 -** <br>**Unadjusted** <br>**Quoted Prices**<br>| **Level 2- Other** <br>**Significant** <br>**Observable Inputs**<br>| **Level 3-** <br>**Significant** <br>**Unobservable** <br>**Inputs**<br>| **Total** |
| **Assets ($)** |  |  |  |  |
| Investments in Securities:<sup>†</sup> <br>|  |  |  |  |
| Collateralized Municipal-Backed Securities | &nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 1721623 | &nbsp;&nbsp; — | &nbsp;&nbsp; **1721623** |
| Municipal Securities | &nbsp;&nbsp; — | &nbsp;&nbsp; 432014886 | &nbsp;&nbsp; — | &nbsp;&nbsp; **432014886** |
|  | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **433736509** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **433736509** |
| **Liabilities ($)** |  |  |  |  |
| Other Financial Instruments: |  |  |  |  |
| Inverse Floater Notes<sup>††</sup> <br>| &nbsp;&nbsp; — | &nbsp;&nbsp; (7500000) | &nbsp;&nbsp; — | &nbsp;&nbsp; **(7500000)** |
|  | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **(7500000)** | &nbsp;&nbsp; **—** | &nbsp;&nbsp; **(7500000)** |

---

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;

---

| | |
|:---|:---|
| <sup>†</sup> <br>| *See Schedule of Investments for additional detailed categorizations, if any.* |
| <sup>††</sup> <br>| *Certain of the fund's liabilities are held at carrying amount, which approximates fair value for financial reporting purposes.* |

---

**13**

------

The Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") is the exclusive reference of authoritative U.S. generally accepted accounting principles ("GAAP") recognized by the FASB to be applied by nongovernmental entities. Rules and interpretive releases of the Securities and Exchange Commission ("SEC") under authority of federal laws are also sources of authoritative GAAP for SEC registrants. The fund is an investment company and applies the accounting and reporting guidance of the FASB ASC Topic 946 Financial Services-Investment Companies. The fund's financial statements are prepared in accordance with GAAP, which may require the use of management estimates and assumptions. Actual results could differ from those estimates.

The fair value of a financial instrument is the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date (i.e., the exit price). GAAP establishes a fair value hierarchy that prioritizes the inputs of valuation techniques used to measure fair value. This hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements).

Additionally, GAAP provides guidance on determining whether the volume and activity in a market has decreased significantly and whether such a decrease in activity results in transactions that are not orderly. GAAP requires enhanced disclosures around valuation inputs and techniques used during annual and interim periods.

Various inputs are used in determining the value of the fund's investments relating to fair value measurements. These inputs are summarized in the three broad levels listed below:

**Level 1**—unadjusted quoted prices in active markets for identical investments.

**Level 2**—other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.).

**Level 3**—significant unobservable inputs (including the fund's own assumptions in determining the fair value of investments).

The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

Changes in valuation techniques may result in transfers in or out of an assigned level within the disclosure hierarchy. Valuation techniques used to value the fund's investments are as follows:

The fund's Board of Trustees (the "Board") has designated the Adviser as the fund's valuation designee to make all fair value determinations with respect to the fund's portfolio investments, subject to the Board's oversight and pursuant to Rule 2a-5 under the Act.

Investments in municipal securities and instruments generally will be valued, to the extent possible, by one or more independent pricing services (the "Service"). When, in the judgment of the Service, quoted bid prices for investments are readily available and are representative of the bid side of the market, these investments are valued at the mean between the quoted bid prices (as obtained by the Service from dealers in such securities) and asked prices (as calculated by the Service based upon its evaluation of the market for such securities). The value of other municipal securities and instruments is determined by the Service based on methods which include consideration of: yields or prices of securities of comparable quality, coupon, maturity and type; indications as to values from dealers; and general market conditions. The Services are engaged under the general supervision of the Board. Overnight and certain other short-term debt securities and instruments (excluding Treasury bills) will be valued by the amortized cost method, which approximates value, unless a Service provides a valuation for such security or, in the opinion of the board or a committee or other persons designated by the Board, such as the Adviser, the amortized cost method would not represent fair value. All of the preceding securities are generally categorized within Level 2 of the fair value hierarchy.

Restricted securities, as well as securities or other assets for which recent market quotations or official closing prices are not readily available or are determined not to reflect accurately fair value (such as when the value of a security has been materially affected by events occurring after the close of the exchange or market on which the security is principally traded (for example, a foreign exchange or market), but before the fund calculates its NAV), or which are not valued by the Service, are valued at fair value as determined in good faith based on procedures approved by the Board. Fair value of investments is determined by the Adviser, as the fund's Valuation Designee pursuant to Rule 2a-5 under the Act, using such information as it deems appropriate under the circumstances. The factors that may be considered when fair valuing a security include fundamental analytical data, the nature and duration of restrictions on disposition, an evaluation of the forces that influence the market in which the securities are purchased and sold, and public trading in similar securities of the issuer or comparable issuers. Using fair value to price investments may result in a value that is different from a security's most recent closing price and from the prices used by other mutual funds to calculate their net asset values. These securities are either categorized within Level 2 or 3 of the fair value hierarchy depending on the relevant inputs used.

**14**

------

For securities where observable inputs are limited, assumptions about market activity and risk are used and such securities are generally categorized within Level 3 of the fair value hierarchy.

The fund may invest in inverse floater securities on either a non-recourse or recourse basis. These securities are typically supported by a liquidity facility provided by a bank or other financial institution (the "Liquidity Provider") that allows the holders of the Trust Certificates to tender their certificates in exchange for payment from the Liquidity Provider of par plus accrued interest on any business day prior to a termination event. When the fund invests in inverse floater securities on a non-recourse basis, the Liquidity Provider is required to make a payment under the liquidity facility due to a termination event to the holders of the Trust Certificates. When this occurs, the Liquidity Provider typically liquidates all or a portion of the municipal securities held in the Inverse Floater Trust. A liquidation shortfall occurs if the Trust Certificates exceed the proceeds of the sale of the bonds in the Inverse Floater Trust ("Liquidation Shortfall"). When a fund invests in inverse floater securities on a recourse basis, the fund typically enters into a reimbursement agreement with the Liquidity Provider where the fund is required to repay the Liquidity Provider the amount of any Liquidation Shortfall. As a result, a fund investing in a recourse inverse floater security bears the risk of loss with respect to any Liquidation Shortfall.

At January 31, 2026, accumulated net unrealized depreciation on investments was $1,249,948, consisting of $6,525,193 gross unrealized appreciation and $7,775,141 gross unrealized depreciation.

At January 31, 2026, the cost of investments for federal income tax purposes was substantially the same as the cost for financial reporting purposes (see the Schedule of Investments).

Additional investment related disclosures are hereby incorporated by reference to the annual and semi-annual reports previously filed with the SEC on Form N-CSR.

**15**

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** BNY Mellon Opportunistic Municipal Securities Fund

- **b. Investment Company Act file number:** 811-04764

- **c. CIK number of Registrant:** 0000797923

- **d. LEI of Registrant:** 54930076T2E57T3RHK59

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

  - **Street Address 1:** 240 Greenwich Street

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10286

  - **Telephone number:** 212-922-6400

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

- **a. Name of Series:** BNY Mellon Opportunistic Municipal Securities Fund

- **b. EDGAR series identifier (if any):** S000000090

- **c. LEI of Series:** 54930076T2E57T3RHK59

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2026-01-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $440414312.67

**Total Liabilities:** $12679174.24

**Net Assets:** $427735138.43

**Delayed Delivery Securities:** $2616250.00

**Cash Not Reported:** $2197186.59

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 355.42917000 | **1-Year:** 8330.26279000 | **5-Year:** 57153.14558000 | **10-Year:** 235311.91223000 | **30-Year:** 8039.39955000

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

- **3-Month:** 0.00000000 | **1-Year:** 2142.90047000 | **5-Year:** 12373.61698000 | **10-Year:** 7879.54581000 | **30-Year:** 103.17697000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000000131 | 0.10%                | -0.03%               | 0.72%                |
| Class ID C000000133 | 0.04%                | -0.09%               | 0.65%                |
| Class ID C000001400 | 0.19%                | -0.10%               | 0.72%                |
| Class ID C000173299 | 0.20%                | -0.08%               | 0.74%                |
| Class ID C000173300 | 0.20%                | 0.00%                | 0.65%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-516243.84              | $71528.81                                  |
| Month 2  | $-71399.61               | $-1461620.96                               |
| Month 3  | $-80420.52               | $1684492.90                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| GLENDALE AZ INDL DEV AUTH SENI | Glendale Industrial Development Authority                                        | CUSIP: 378287AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1448055.45   | 0.34%             | 2054-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV HOSPS & CLINICS AUTH WI   | University of Wisconsin Hospitals & Clinics                                      | CUSIP: 915260FS7<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026352.70   | 0.24%             | 2049-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA AVIATION BRD GU | New Orleans Aviation Board                                                       | CUSIP: 64763XAW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1176180.07   | 0.27%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI PWR AGY REVENUE  | Texas Municipal Power Agency                                                     | CUSIP: 882555C86<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1811899.10   | 0.42%             | 2050-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | South Carolina Public Service Authority                                          | CUSIP: 837151A25<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1625171.07   | 0.38%             | 2055-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH T | Detroit Downtown Development Authority                                           | CUSIP: 251135HT9<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1615220.40   | 0.38%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PINE VIEW PUBLIC INFRASTRUCTUR | Pine View Public Infrastructure District No 2                                    | CUSIP: 72302PAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1101143.01   | 0.26%             | 2055-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI | Dallas Fort Worth International Airport                                          | CUSIP: 23503CBJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2731235.75   | 0.64%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI POLL CONTRO | Public Finance Authority                                                         | CUSIP: 74447HAC2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2855000 | PA      | $2948487.26   | 0.69%             | 2046-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA | Chicago O'Hare International Airport                                             | CUSIP: 167593Y48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1546140.90   | 0.36%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST HSG FIN AGY H | Massachusetts Housing Finance Agency                                             | CUSIP: 57586P7M2<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |    860000 | PA      | $823698.37    | 0.19%             | 2056-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp  | Empire State Development Corp (TOBs)                                             | CUSIP: 64985TEV9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10277370.00  | 2.40%             | 2053-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A | South Carolina Public Service Authority                                          | CUSIP: 8371515A3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2073698.00   | 0.48%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| INDIANA FIN AUTH IN WSTWTR UTI | Indiana Finance Authority                                                        | CUSIP: 45505MJS6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2065071.49   | 0.48%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN IL UNIV REVENUES      | Northern Illinois University                                                     | CUSIP: 665245YS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1074701.04   | 0.25%             | 2040-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CUYAHOGA CNTY OH HOSP REVENUE  | County of Cuyahoga OH                                                            | CUSIP: 2322655S3<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $963540.70    | 0.23%             | 2047-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU | San Diego County Regional Airport Authority                                      | CUSIP: 79739GTE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063871.70   | 0.25%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE   | Illinois Finance Authority                                                       | CUSIP: 45204FAD7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3327924.11   | 0.78%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH EDU R | Arizona Industrial Development Authority                                         | CUSIP: 04052BAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2471512.75   | 0.58%             | 2050-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638QTF6<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1073759.70   | 0.25%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT AUTH IA TOB | Iowa Tobacco Settlement Authority                                                | CUSIP: 888805CF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1691729.60   | 0.40%             | 2049-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GARLAND TX ELEC UTILITY SYS RE | City of Garland TX Electric Utility System Revenue                               | CUSIP: 366133NA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540139.55   | 0.36%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA           | Municipal Electric Authority of Georgia                                          | CUSIP: 62620HGQ9<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013149.40   | 0.24%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC | Health & Educational Facilities Authority of the State of Missouri               | CUSIP: 60635H4C0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002998.60   | 0.23%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI TOLL REVENU | Public Finance Authority                                                         | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1657206.30   | 0.39%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| DETROIT MI DOWNTOWN DEV AUTH T | Detroit Downtown Development Authority                                           | CUSIP: 251135HU6<br>LEI: 549300WO3NSMP6FECO66 | Long             | DBT              | MUN               | US        |   2885000 | PA      | $2981892.44   | 0.70%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532NS9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2547974.66   | 0.60%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HGR EDU ASSISTANC | Pennsylvania Higher Education Assistance Agency                                  | CUSIP: 70878CAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1471517.32   | 0.34%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV HOSPS & CLINICS AUTH WI   | University of Wisconsin Hospitals & Clinics                                      | CUSIP: 915260FT5<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |     50000 | PA      | $46251.19     | 0.01%             | 2052-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE    | City of Houston TX Airport System Revenue                                        | CUSIP: 442349HX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2180682.20   | 0.51%             | 2037-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FL HLTH FACS A | Palm Beach County Health Facilities Authority                                    | CUSIP: 69651ABM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3305000 | PA      | $2919778.12   | 0.68%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH MIDWSTRN DISA | Iowa Finance Authority                                                           | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1162665.80   | 0.27%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57585BPC6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3334360.06   | 0.78%             | 2055-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167486X79<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1568011.05   | 0.37%             | 2055-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE  | State of Illinois Sales Tax Revenue                                              | CUSIP: 452227VR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2086110.60   | 0.49%             | 2045-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC ARPT REVENUE      | City of Charlotte NC Airport Revenue                                             | CUSIP: 161036UJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082691.60   | 0.25%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA HSG AUTH GTD R | Philadelphia Housing Authority                                                   | CUSIP: 71783TAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2128759.80   | 0.50%             | 2043-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MOBILE CNTY AL INDL DEV AUTH S | Mobile County Industrial Development Authority                                   | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $928577.10    | 0.22%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| KITSAP CNTY WA SCH DIST #100-C | Kitsap County School District No 100-C Bremerton                                 | CUSIP: 498044JA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063197.10   | 0.25%             | 2047-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FL AVIATION  | Hillsborough County Aviation Authority                                           | CUSIP: 432308N67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1097448.30   | 0.26%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167505UJ3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040378.70   | 0.24%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SWR REVENUE       | County of King WA Sewer Revenue                                                  | CUSIP: 495290ET1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3000000.00   | 0.70%             | 2042-01-01      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167505ZT6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1293843.96   | 0.30%             | 2032-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WARREN CNTY OH HLTH CARE FACS  | County of Warren OH                                                              | CUSIP: 93515PEM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $528288.96    | 0.12%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HCP6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103023.60   | 0.26%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHEBOYGAN WI AREA SCH DIST     | Sheboygan Area School District                                                   | CUSIP: 821023PT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $870954.70    | 0.20%             | 2043-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DOWNTOWN REVITALIZATION PUBLIC | Downtown Revitalization Public Infrastructure District                           | CUSIP: 26118TBV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069368.70   | 0.25%             | 2055-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57585BHQ4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044249.40   | 0.24%             | 2051-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALBANY NY CAPITAL RESOURCE COR | Albany Capital Resource Corp                                                     | CUSIP: 012432EU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057335.30   | 0.25%             | 2055-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DJJ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077667.10   | 0.25%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP PRIV | Maryland Economic Development Corp                                               | CUSIP: 57422JCA4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2490000 | PA      | $2473726.11   | 0.58%             | 2055-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST HOSP FIN AUTH | West Virginia Hospital Finance Authority                                         | CUSIP: 956622Y81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3720068.80   | 0.87%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX REGL MOBILITY AU | North East Texas Regional Mobility Authority                                     | CUSIP: 659231BZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064266.30   | 0.25%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV                  | County of Clark NV                                                               | CUSIP: 180848XH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5146417.50   | 1.20%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | Maricopa County Industrial Development Authority                                 | CUSIP: 56682HCL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1205113.84   | 0.28%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647EM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538701.05   | 0.36%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST AGRIC & ECON DEVB | Minnesota Agricultural & Economic Development Board                              | CUSIP: 6049203E6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2060876.40   | 0.48%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH | Maricopa County Industrial Development Authority                                 | CUSIP: 56681NCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2830499.93   | 0.66%             | 2038-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS ACQUISITION& | Texas Municipal Gas Acquisition & Supply Corp IV                                 | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2253085.60   | 0.53%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST UNIV REVENUE     | California State University                                                      | CUSIP: 13077C4K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983873.00    | 0.23%             | 2049-11-01      | Variable      | 0.55%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                                      | CUSIP: 93978LGR1<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    700000 | PA      | $748651.82    | 0.18%             | 2063-07-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576FT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049687.40   | 0.48%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PQ81<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $1707439.80   | 0.40%             | 2042-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GEORGIA      | Municipal Electric Authority of Georgia                                          | CUSIP: 626207Y81<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1142250.67   | 0.27%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO | Arizona Industrial Development Authority                                         | CUSIP: 04052FEL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048277.20   | 0.48%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PS97<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2137434.42   | 0.50%             | 2045-11-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA           | Municipal Electric Authority of Georgia                                          | CUSIP: 62620HJZ6<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1995000 | PA      | $2070255.79   | 0.48%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| EL PASO CNTY TX HOSP DIST      | El Paso County Hospital District                                                 | CUSIP: 283590JX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1594550.40   | 0.37%             | 2050-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH D | Metropolitan Washington Airports Authority Dulles Toll Road Revenue              | CUSIP: 592643DF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2192326.25   | 0.51%             | 2049-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA SCH DIST       | School District of Philadelphia/The                                              | CUSIP: 717883VF6<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042667.20   | 0.24%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FL HLTH CARE FACS | City of Jacksonville FL                                                          | CUSIP: 469400EL5<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1340582.55   | 0.31%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                           | CUSIP: 65820YQH2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026668.50   | 0.24%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                    | State of Illinois                                                                | CUSIP: 452153GN3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1762438.65   | 0.41%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA REVENUE       | District of Columbia                                                             | CUSIP: 25483VE91<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054440.30   | 0.25%             | 2055-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                           | CUSIP: 65820YVR4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004002.30   | 0.23%             | 2030-11-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH REVENUE       | Iowa Finance Authority                                                           | CUSIP: 46247SFE9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2308612.40   | 0.54%             | 2038-05-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| PARK CREEK MET DIST CO LIMITED | Park Creek Metropolitan District                                                 | CUSIP: 700385CG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050377.40   | 0.25%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ERNEST N MORIAL-NEW ORLEANS LA | Ernest N Morial New Orleans Exhibition Hall Authority                            | CUSIP: 295852KY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2103218.20   | 0.49%             | 2054-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| REGL CO TRANSPRTN DIST PRIV AC | Regional Transportation District                                                 | CUSIP: 759151BJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1031846.87   | 0.24%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FLM4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2047909.00   | 0.48%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI EDUCTNL FAC | Public Finance Authority                                                         | CUSIP: 74443DLU3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1579345.80   | 0.37%             | 2040-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL PARK DIST           | Chicago Park District                                                            | CUSIP: 1676153X9<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1244514.59   | 0.29%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | CUSIP: 896035BE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2595962.50   | 0.61%             | 2057-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAMAR TX CONSOL INDEP SCH DIST | Lamar Consolidated Independent School District                                   | CUSIP: 513174H96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1099076.98   | 0.26%             | 2053-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW HOPE CULTURAL ED FACS FIN  | New Hope Cultural Education Facilities Finance Corp                              | CUSIP: 64542UHW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105857.10   | 0.26%             | 2036-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                       | CUSIP: 709221VL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3068079.60   | 0.72%             | 2048-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST STRATEGIC FUND LTD | Michigan Strategic Fund                                                          | CUSIP: 594698QP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4055191.53   | 0.95%             | 2033-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST ECON DEV AUTH DO | New Jersey Economic Development Authority                                        | CUSIP: 64578TAA2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1664087.27   | 0.39%             | 2035-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WSTWTR TRANSMISSION | City of Chicago IL Wastewater Transmission Revenue                               | CUSIP: 167727J80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1591887.75   | 0.37%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE     | Public Finance Authority                                                         | CUSIP: 74442PK46<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    715000 | PA      | $755950.98    | 0.18%             | 2041-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N | Tobacco Settlement Financing Corp                                                | CUSIP: 888808HR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $319192.80    | 0.07%             | 2046-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI STUDENT HSG | Public Finance Authority                                                         | CUSIP: 74439YFZ9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $755200.43    | 0.18%             | 2055-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57585BKB3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1568305.35   | 0.37%             | 2050-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| BALDWIN CNTY AL INDL DEV AUTH  | Baldwin County Industrial Development Authority                                  | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2045458.60   | 0.48%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH REVENUE   | Michigan Finance Authority                                                       | CUSIP: 59447TUJ0<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1478420.77   | 0.35%             | 2050-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HAMILTON CNTY OH HLTH CARE REV | County of Hamilton OH                                                            | CUSIP: 40727RDJ4<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    750000 | PA      | $764622.08    | 0.18%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE     | Port of Seattle WA                                                               | CUSIP: 735389W20<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1347529.35   | 0.32%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF NORTH DAKOTA COPS      | University of North Dakota                                                       | CUSIP: 914724CQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    885000 | PA      | $828784.98    | 0.19%             | 2046-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WILLIAMSBURG VA ECON DEV AUTH  | Williamsburg Economic Development Authority                                      | CUSIP: 969671AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1147649.63   | 0.27%             | 2058-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI POOLED CHRT | Public Finance Authority                                                         | CUSIP: 74448GAA7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2220799 | PA      | $2320174.29   | 0.54%             | 2062-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HSG FIN COMMISSI | Washington State Housing Finance Commission                                      | CUSIP: 939783Z82<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002275.00   | 0.23%             | 2033-01-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| UTAH ST TELECOMMUNICATION OPEN | Utah Telecommunication Open Infrastructure Agency                                | CUSIP: 91756SAQ6<br>LEI: 549300LCGT5UXUJ1LP77 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1351648.44   | 0.32%             | 2040-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST HSG FIN AGY  | North Carolina Housing Finance Agency                                            | CUSIP: 65821FKS4<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1318388.37   | 0.31%             | 2035-07-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI | Pennsylvania Turnpike Commission                                                 | CUSIP: 709225MT0<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1620810.15   | 0.38%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLANO TX INDEP SCH DIST        | Plano Independent School District                                                | CUSIP: 727199D24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074249.60   | 0.25%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finan | Washington State Housing Finance Commission                                      | CUSIP: 93978TS59<br>LEI: 549300YL1HU59NREG764 | Long             | ABS-MBS          | MUN               | US        |    916348 | PA      | $899218.54    | 0.21%             | 2035-12-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182NCB4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012862.10   | 0.24%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR ARPT REVEN | Port of Portland OR Airport Revenue                                              | CUSIP: 7352403K7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3408242.50   | 0.80%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development | Arizona Industrial Development Authority                                         | CUSIP: 04052ABH8<br>LEI: N/A                  | Long             | ABS-MBS          | MUN               | US        |    820552 | PA      | $822405.06    | 0.19%             | 2033-05-20      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182TEN3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1999455.21   | 0.47%             | 2055-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A | California Health Facilities Financing Authority                                 | CUSIP: 13032U4R6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1161503.00   | 0.27%             | 2050-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP NY REV | Build NYC Resource Corp                                                          | CUSIP: 12008EXD3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2056606.82   | 0.48%             | 2035-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                         | CUSIP: 650116FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2113377.40   | 0.49%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA PAZ CNTY AZ INDL DEV AUTH E | La Paz County Industrial Development Authority                                   | CUSIP: 50376FAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $600370.69    | 0.14%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167505ZG4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028021.00   | 0.24%             | 2049-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CMNTY CHOICE FING A | California Community Choice Financing Authority                                  | CUSIP: 13013JGR1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2631044.00   | 0.62%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BIRMINGHAM JEFFERSON AL CIVIC  | Birmingham-Jefferson Civic Center Authority                                      | CUSIP: 091156NG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    840000 | PA      | $851151.92    | 0.20%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET NASHVILLE TN ARPT AUTH ARP | Metropolitan Nashville Airport Authority/The                                     | CUSIP: 592190QZ8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1569659.55   | 0.37%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA GAS WKS REVENU | Philadelphia Gas Works Co                                                        | CUSIP: 71783MCY9<br>LEI: 549300H8UJ7V5WU5IA90 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2241742.80   | 0.52%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167505ZW9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2163941.20   | 0.51%             | 2035-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON  | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | CUSIP: 592029CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1804653.73   | 0.42%             | 2048-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                         | CUSIP: 650116DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1420560.90   | 0.33%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| SELMA AL INDL DEV BRD REVENUE  | Selma Industrial Development Board                                               | CUSIP: 81647PAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1583996.25   | 0.37%             | 2034-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH SPL REVEN | New Hampshire Business Finance Authority                                         | CUSIP: 63608TAV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $908157.75    | 0.21%             | 2033-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV | Colorado Health Facilities Authority                                             | CUSIP: 19648FVJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1816980.60   | 0.42%             | 2052-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FL ARPT SYS REVEN | County of Broward FL Airport System Revenue                                      | CUSIP: 114894XS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1592026.33   | 0.37%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND OR ARPT REVEN | Port of Portland OR Airport Revenue                                              | CUSIP: 7352403J0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1212484.91   | 0.28%             | 2048-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| COOK CNTY IL SALES TAX REVENUE | County of Cook IL Sales Tax Revenue                                              | CUSIP: 213248FU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052010.70   | 0.25%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE | South Carolina Jobs-Economic Development Authority                               | CUSIP: 837033LC1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008846.80   | 0.24%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | Triborough Bridge & Tunnel Authority                                             | CUSIP: 89602HDR5<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5192913.00   | 1.21%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST FIN AUTH ACT 38 FA | Michigan Finance Authority                                                       | CUSIP: 59447NBD7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $942969.70    | 0.22%             | 2054-02-28      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| GEORGETOWN TX UTILITY SYS REVE | City of Georgetown TX Utility System Revenue                                     | CUSIP: 373064Q56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3104963.10   | 0.73%             | 2052-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LUZERNE CNTY PA INDL DEV AUTH  | Luzerne County Industrial Development Authority                                  | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1633752.40   | 0.38%             | 2039-12-01      | Variable      | 2.45%                 | No            |                  2 | On Loan: No      |
| WESTCHESTER CNTY NY LOCAL DEV  | Westchester County Local Development Corp                                        | CUSIP: 95737TET9<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950794.20    | 0.22%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLENTOWN PA NEIGHBORHOOD IMPT | Allentown Neighborhood Improvement Zone Development Authority                    | CUSIP: 018444BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2843756.58   | 0.66%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P | Los Angeles Department of Water & Power                                          | CUSIP: 544532QP2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2147233.20   | 0.50%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU | Louisiana Public Facilities Authority                                            | CUSIP: 546399UM6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1423982.02   | 0.33%             | 2050-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VIRGINIA HSG DEV AUTH          | Virginia Housing Development Authority                                           | CUSIP: 92812XRF1<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000251.40   | 0.47%             | 2056-07-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH NH REVENUE   | New Hampshire Business Finance Authority                                         | CUSIP: 63607YCW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042118.60   | 0.24%             | 2050-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| VILLAGE CDD NO 15 SPL ASSMNT R | Village Community Development District No 15                                     | CUSIP: 92708KAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1415253.66   | 0.33%             | 2054-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST ECON DEV AUTH RETM | Delaware State Economic Development Authority                                    | CUSIP: 246371AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011653.00   | 0.24%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MIDA CORMONT PUBLIC INFRASTRUC | Mida Cormont Public Infrastructure District                                      | CUSIP: 59561JAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047106.00   | 0.24%             | 2055-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST DEV FIN AUTH HLTHS | Oklahoma Development Finance Authority                                           | CUSIP: 67884XCN5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994906.20    | 0.23%             | 2057-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEV FIN CORP        | Florida Development Finance Corp                                                 | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2410000 | PA      | $2374245.00   | 0.56%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA HSG FIN AGY MUNI CT | California Housing Finance Agency                                                | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | ABS-MBS          | MUN               | US        |   1386413 | PA      | $1385224.88   | 0.32%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP  | Arlington Higher Education Finance Corp                                          | CUSIP: 041807JW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $447960.10    | 0.10%             | 2059-06-15      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU | Louisiana Public Facilities Authority                                            | CUSIP: 546399SY3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2535000.00   | 0.59%             | 2059-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LA PAZ CNTY AZ INDL DEV AUTH E | La Paz County Industrial Development Authority                                   | CUSIP: 50376FAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $1839745.87   | 0.43%             | 2046-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                    | City of New York NY                                                              | CUSIP: 64966QVV9<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    150000 | PA      | $136805.12    | 0.03%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KAREGNONDI WTR AUTH MI         | Karegnondi Water Authority                                                       | CUSIP: 48563UBZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023106.90   | 0.24%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MET WTR RECLAMATION | Metropolitan Water Reclamation District of Greater Chicago                       | CUSIP: 167560XH9<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071833.10   | 0.25%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST HSG DEV AUTH REVEN | Illinois Housing Development Authority                                           | CUSIP: 45201Y8H3<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1031149.08   | 0.24%             | 2051-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LIBERTY DEV CORP NY REVENUE    | New York Liberty Development Corp                                                | CUSIP: 531127AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1182046.90   | 0.28%             | 2035-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIV OF ALABAMA AT BIRMINGHAM  | University of Alabama at Birmingham                                              | CUSIP: 914745EH3<br>LEI: 5493002DHWB7OKWT0415 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058838.80   | 0.48%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAINT JAMES PARISH LA REVENUE  | Parish of St James LA                                                            | CUSIP: 790103AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1258850.86   | 0.29%             | 2040-12-01      | Variable      | 6.10%                 | No            |                  2 | On Loan: No      |
| BUCKEYE OH TOBACCO SETTLEMENT  | Buckeye Tobacco Settlement Financing Authority                                   | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7335000 | PA      | $6327602.30   | 1.48%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| STHRN CALIFORNIA ST PUBLIC PWR | Southern California Public Power Authority                                       | CUSIP: 842469DJ4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2128794.80   | 0.50%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182QX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3135453.60   | 0.73%             | 2053-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| LOWER COLORADO RIVER TX AUTH T | Lower Colorado River Authority                                                   | CUSIP: 54811BUA7<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $882532.60    | 0.21%             | 2049-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WEST ALLIS WEST MILWAUKEE WI S | West Allis West Milwaukee School District                                        | CUSIP: 951164KC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $947506.10    | 0.22%             | 2038-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A | Metropolitan Washington Airports Authority Aviation Revenue                      | CUSIP: 592647DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013079.80   | 0.24%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HLTH & EDUCTNL | Rhode Island Health and Educational Building Corp                                | CUSIP: 762244NY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006201.40   | 0.24%             | 2050-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH SP | California Municipal Finance Authority                                           | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3675000 | PA      | $3707997.09   | 0.87%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CINCINNATI OH RECPTS   | University of Cincinnati                                                         | CUSIP: 9141197P1<br>LEI: 549300E0RD3ICJ858L23 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3165253.50   | 0.74%             | 2049-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2097419.40   | 0.49%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH LEASE REVENU | New Hampshire Business Finance Authority                                         | CUSIP: 63610FBG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $522469.92    | 0.12%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                           | CUSIP: 13048V3F3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    775000 | PA      | $792214.07    | 0.19%             | 2045-11-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST CONVENTION CENTE | Washington State Convention Center Public Facilities District                    | CUSIP: 93976AEL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1673859.20   | 0.39%             | 2058-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA | Main Street Natural Gas Inc                                                      | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257252.13   | 0.29%             | 2050-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                         | CUSIP: 650116JL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4858972.20   | 1.14%             | 2055-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167486U72<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047056.40   | 0.24%             | 2050-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167505ZL3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059166.20   | 0.25%             | 2050-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638THC0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1650519.60   | 0.39%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI HLTHCARE SY | Public Finance Authority                                                         | CUSIP: 74447GAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1515123.60   | 0.35%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                           | CUSIP: 65820YTF3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2194681.63   | 0.51%             | 2049-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IOWA ST STUDENT LOAN LIQUIDITY | Iowa Student Loan Liquidity Corp                                                 | CUSIP: 462590NJ5<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1598849.55   | 0.37%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU | Montgomery County Industrial Development Authority/PA                            | CUSIP: 61360PCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3540672.10   | 0.83%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT JOHN THE BAPTIST PARISH  | Parish of St John the Baptist LA                                                 | CUSIP: 79020FAY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $997360.40    | 0.23%             | 2037-06-01      | Variable      | 2.20%                 | No            |                  2 | On Loan: No      |
| SAVANNAH GEORGIA CONVENTION CT | Savannah Georgia Convention Center Authority                                     | CUSIP: 804828AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $598153.86    | 0.14%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CEX2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1643727.60   | 0.38%             | 2042-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH RE | California Municipal Finance Authority                                           | CUSIP: 13048V3G1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508717.35    | 0.12%             | 2054-11-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| MAINE ST FIN AUTH              | Finance Authority of Maine                                                       | CUSIP: 56042BCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1860388.25   | 0.43%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP | New York Transportation Development Corp                                         | CUSIP: 650116CL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1551625.65   | 0.36%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST  | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CEH7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1578296.85   | 0.37%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4865910.75   | 1.14%             | 2054-04-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| DALLAS TX AREA RAPID TRANSIT S | Dallas Area Rapid Transit                                                        | CUSIP: 235241WS1<br>LEI: 75YWM81F2R6UQGJIEW47 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1674531.94   | 0.39%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                  | State of Washington                                                              | CUSIP: 93974EZC3<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2924946.09   | 0.68%             | 2043-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST HSG FIN AGY  | North Carolina Housing Finance Agency                                            | CUSIP: 65821FKQ8<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1615741.39   | 0.38%             | 2034-07-01      | Fixed         | 3.55%                 | No            |                  2 | On Loan: No      |
| GREAT LAKES MI WTR AUTH WTR SP | Great Lakes Water Authority Water Supply System Revenue                          | CUSIP: 39081JKN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1616638.50   | 0.38%             | 2050-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA HGR EDU BLDG | Allegheny County Higher Education Building Authority                             | CUSIP: 01728RQH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2625989.25   | 0.61%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED | Clifton Higher Education Finance Corp                                            | CUSIP: 187145VQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2656162.88   | 0.62%             | 2049-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| WEST VIRGINIA ST ECON DEV AUTH | West Virginia Economic Development Authority                                     | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2184809.12   | 0.51%             | 2055-04-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FL HLTH FACS AUTH  | Orange County Health Facilities Authority                                        | CUSIP: 68450LHL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2032329.00   | 0.48%             | 2053-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                           | CUSIP: 65820YUE4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    670000 | PA      | $721972.17    | 0.17%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH | Kentucky Public Energy Authority                                                 | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3146417.70   | 0.74%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57584XL66<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1780108.05   | 0.42%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHESTER CNTY PA HLTH & EDU FAC | Chester County Health and Education Facilities Authority                         | CUSIP: 16557HFM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2210103.00   | 0.52%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                      | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2125633.40   | 0.50%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST SCH FIN AUTH CHR | California School Finance Authority                                              | CUSIP: 13058TVC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1424765.02   | 0.33%             | 2035-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R | Massachusetts Development Finance Agency                                         | CUSIP: 57584Y4U0<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893609.90    | 0.21%             | 2052-07-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX ARPT SYS REVENUE    | City of Houston TX Airport System Revenue                                        | CUSIP: 4423487W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1029722.80   | 0.24%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV SCH DIST         | Clark County School District                                                     | CUSIP: 1810592Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1648090.35   | 0.39%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED | Clifton Higher Education Finance Corp                                            | CUSIP: 187145WJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2165471.80   | 0.51%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CNTY CA REGL ARPT AU | San Diego County Regional Airport Authority                                      | CUSIP: 79739GNV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1605853.73   | 0.38%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MISSION TX ECON DEV CORP REVEN | Mission Economic Development Corp                                                | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3875000 | PA      | $3889564.19   | 0.91%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEW YORK ENERGY FIN DEV CORP   | New York Energy Finance Development Corp                                         | CUSIP: 64947PAA4<br>LEI: 254900PRGXZMJ912RI65 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066731.40   | 0.25%             | 2056-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED | Clifton Higher Education Finance Corp                                            | CUSIP: 187145UF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $895071.60    | 0.21%             | 2054-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIAMI BEACH FL STORMWTR REVENU | City of Miami Beach FL Stormwater Revenue                                        | CUSIP: 59324PEC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2521139.75   | 0.59%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIEDMONT SC MUNI PWR AGY ELEC  | Piedmont Municipal Power Agency                                                  | CUSIP: 720175A24<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3099884.10   | 0.72%             | 2033-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HCT8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8689453.60   | 2.03%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANYONS MET DIST #5 CO         | Canyons Metropolitan District No 5                                               | CUSIP: 139071BA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $654993.84    | 0.15%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL WTRWKS REVENUE      | City of Chicago IL Waterworks Revenue                                            | CUSIP: 167736Z42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1948372.83   | 0.46%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PONTIAC CITY MI CITY SCH DIST  | Pontiac School District                                                          | CUSIP: 732538HK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1716503.58   | 0.40%             | 2045-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CNTY AL SWR REVENUE  | County of Jefferson AL Sewer Revenue                                             | CUSIP: 472682ZS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4460744.75   | 1.04%             | 2053-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                     | City of Chicago IL                                                               | CUSIP: 167486T25<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1469725.95   | 0.34%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KNOX CNTY TN HLTH EDUCTNL & HS | Knox County Health Educational & Housing Facility Board                          | CUSIP: 499527DD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1010000 | PA      | $877106.52    | 0.21%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL  | Black Belt Energy Gas District                                                   | CUSIP: 09182TEW3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043553.10   | 0.24%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST MUNI FIN AUTH ST | California Municipal Finance Authority                                           | CUSIP: 13049YFY2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4245000 | PA      | $4502316.62   | 1.05%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST UNIV STRATA CO STU | Colorado State University Research Foundation                                    | CUSIP: 22945UAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1343054.75   | 0.31%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARKANSAS DEV FIN AUTH ENVIRONM | Arkansas Development Finance Authority                                           | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4800000 | PA      | $4880788.32   | 1.14%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO CMWLTH             | Commonwealth of Puerto Rico                                                      | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4601995.20   | 1.08%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL BRD OF EDU          | Chicago Board of Education                                                       | CUSIP: 167505VW3<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1572692.55   | 0.37%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PEFA INC IA GAS PROJ REVENUE   | PEFA Inc                                                                         | CUSIP: 70556CAB0<br>LEI: 549300RSE249DJNRHY07 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023814.80   | 0.47%             | 2049-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH SF MT | Michigan State Housing Development Authority                                     | CUSIP: 594654J97<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510834.20   | 0.35%             | 2051-06-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA CNTY CA TOBACCO SEC | California County Tobacco Securitization Agency                                  | CUSIP: 13016NEY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $381141.28    | 0.09%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE | District of Columbia Income Tax Revenue                                          | CUSIP: 25477GUV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3217805.40   | 0.75%             | 2047-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM | North Carolina Medical Care Commission                                           | CUSIP: 65820YVG8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1166339.75   | 0.27%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| WOODBURY MN CHRT SCH LEASE REV | City of Woodbury MN                                                              | CUSIP: 979134BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $925167.10    | 0.22%             | 2063-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NATIONAL FIN AUTH LEASE REVENU | New Hampshire Business Finance Authority                                         | CUSIP: 63610FBK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $886170.78    | 0.21%             | 2043-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LOVE FIELD TX ARPT MODERNIZATI | Love Field Airport Modernization Corp                                            | CUSIP: 54714CAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3503981.25   | 0.82%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                  | State of California                                                              | CUSIP: 13063DS90<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074319.80   | 0.25%             | 2047-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE     | Port of Seattle WA                                                               | CUSIP: 7353892P2<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2749104.50   | 0.64%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST HLTH & EDUCTNL | Rhode Island Health and Educational Building Corp                                | CUSIP: 762244MJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1258777.50   | 0.29%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH NY BRIDGE & TUNNEL  | Triborough Bridge & Tunnel Authority Sales Tax Revenue                           | CUSIP: 896035DF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5227020.00   | 1.22%             | 2059-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST MUNI PWR AGY        | Florida Municipal Power Agency                                                   | CUSIP: 342816R80<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994725.60    | 0.23%             | 2032-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TENNERGY CORP TN GAS REVENUE   | Tennergy Corp/TN                                                                 | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2037888.40   | 0.48%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST LOCAL GOVT FIN COMM | Florida Local Government Finance Commission                                      | CUSIP: 34077EAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2401977.63   | 0.56%             | 2040-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-25

**Name of Applicant:** BNY Mellon Opportunistic Municipal Securities Fund

**Signature:** James Windels

**Name of Signer:** James Windels

**Title:** Treasurer