# EDGAR Filing Document

**Accession Number:** 0000830744
**File Stem:** 0000940400-26-011786
**Filing Date:** 2026-3
**Character Count:** 155789
**Document Hash:** d50ee6a518a91ba6a43046bcdbb6ab27
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-011786.hdr.sgml**: 20260327

**ACCESSION NUMBER**: 0000940400-26-011786

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260130

**FILED AS OF DATE**: 20260327

**DATE AS OF CHANGE**: 20260327

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** WILMINGTON FUNDS
- **CENTRAL INDEX KEY:** 0000830744

**ORGANIZATION NAME:**
- **EIN:** 232515567
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05514
- **FILM NUMBER:** 26805630

**BUSINESS ADDRESS:**
- **STREET 1:** 1100 NORTH MARKET STREET
- **STREET 2:** 9TH FLOOR
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19890
- **BUSINESS PHONE:** 716-842-4487

**MAIL ADDRESS:**
- **STREET 1:** 1100 NORTH MARKET STREET
- **STREET 2:** 9TH FLOOR
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19890

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MTB GROUP OF FUNDS
- **DATE OF NAME CHANGE:** 20090729

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MTB FUNDS
- **DATE OF NAME CHANGE:** 20071228

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MTB GROUP OF FUNDS
- **DATE OF NAME CHANGE:** 20030822

## Series and Classes Contracts Data

### Wilmington Municipal Bond Fund (Series ID: S000034846)

| Class ID   | Class Name     | Ticker Symbol   |
|:---|:---|:---|
| C000107164 | Class A Shares | WTABX           |
| C000107165 | Class I Shares | WTAIX           |

## Nport-Ex

Wilmington Municipal Bond Fund

PORTFOLIO OF INVESTMENTS

January 31, 2026 (unaudited)

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

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| **MUNICIPAL BONDS - 98.5%** | **MUNICIPAL BONDS - 98.5%** | **MUNICIPAL BONDS - 98.5%** |
| **ALABAMA - 4.1%** | **ALABAMA - 4.1%** | **ALABAMA - 4.1%** |
| **GENERAL - 4.1%** | **GENERAL - 4.1%** | **GENERAL - 4.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Alabama Highway Authority, AL, Highways <br> Improvement Revenue Bonds, (AG), 5.00%, <br> 09/01/40<br>| &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $1141268 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Black Belt Energy Gas District, AL, Revenue <br> Bonds, Natural Gas Utility Improvements, <br> (Series B), 5.00%, 10/01/55<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2155161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Black Belt Energy Gas District, AL, Revenue <br> Bonds, Natural Gas Utility Improvements, <br> (Series E), 5.00%, 12/01/55<br>| &nbsp;&nbsp; 3500000 | &nbsp;&nbsp; 3755869 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Alabama Gas Supply District (The), <br> AL, Current Refunding Revenue Bonds, <br> (Series A), 5.00%, 08/01/54<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3218269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative <br> District, AL, Revenue Bonds, Natural Gas <br> Utility Improvements, (Series C), 5.00%, <br> 10/01/55<br>| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1619591 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Southeast Energy Authority A Cooperative <br> District, AL, Revenue Bonds, Natural Gas <br> Utility Improvements, (Series F), 5.25%, <br> 11/01/55<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3297248 |
| &nbsp;&nbsp;&nbsp; TOTAL ALABAMA | &nbsp;&nbsp;&nbsp; TOTAL ALABAMA | &nbsp;&nbsp; $15187406 |
| **ARIZONA - 2.6%** | **ARIZONA - 2.6%** | **ARIZONA - 2.6%** |
| **EDUCATION - 1.0%** | **EDUCATION - 1.0%** | **EDUCATION - 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arizona Industrial Development Authority, AZ, <br> Revenue Bonds, (Equitable School <br> Revolving Fund), (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/26 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1018695 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/30 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1057181 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/32 | &nbsp;&nbsp; 865000 | &nbsp;&nbsp; 909431 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; La Paz County Industrial Development <br> Authority, AZ, IDA, Revenue Bonds, (Charter <br> School Solutions - Harmony Public Schools <br> Project), (Series A), 5.00%, 02/15/28<br>| &nbsp;&nbsp; 800000 | &nbsp;&nbsp; 813911 |
| &nbsp;&nbsp;&nbsp; TOTAL EDUCATION | &nbsp;&nbsp;&nbsp; TOTAL EDUCATION | &nbsp;&nbsp; $3799218 |
| **MEDICAL - 0.7%** | **MEDICAL - 0.7%** | **MEDICAL - 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maricopa County Industrial Development <br> Authority, AZ, IDA, Revenue Bonds, (Honor <br> Health), (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/34 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1107597 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/35 | &nbsp;&nbsp; 725000 | &nbsp;&nbsp; 798446 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/36 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 547340 |
| &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp; $2453383 |
| **UTILITIES - 0.9%** | **UTILITIES - 0.9%** | **UTILITIES - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Mesa, AZ, Utility System Revenue, Current <br> Refunding Revenue Bonds, (Series C), <br> 5.00%, 07/01/36<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3560750 |
| &nbsp;&nbsp;&nbsp; TOTAL ARIZONA | &nbsp;&nbsp;&nbsp; TOTAL ARIZONA | &nbsp;&nbsp; $9813351 |

---

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| **CALIFORNIA - 0.4%** | **CALIFORNIA - 0.4%** | **CALIFORNIA - 0.4%** |
| **AIRPORT - 0.4%** | **AIRPORT - 0.4%** | **AIRPORT - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City of Los Angeles Department of Airports, <br> CA, Revenue Bonds, (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/36 | &nbsp;&nbsp; $800000 | &nbsp;&nbsp; $820966 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/37 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 509678 |
| &nbsp;&nbsp;&nbsp; TOTAL CALIFORNIA | &nbsp;&nbsp;&nbsp; TOTAL CALIFORNIA | &nbsp;&nbsp; $1330644 |
| **COLORADO - 3.3%** | **COLORADO - 3.3%** | **COLORADO - 3.3%** |
| **AIRPORT - 0.7%** | **AIRPORT - 0.7%** | **AIRPORT - 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City & County of Denver, CO, Airport System <br> Revenue Bonds, (Sub-Series A), 5.00%, <br> 12/01/31<br>| &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2640532 |
| **HIGHER EDUCATION - 0.6%** | **HIGHER EDUCATION - 0.6%** | **HIGHER EDUCATION - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Educational & Cultural Facilities <br> Authority, CO, Refunding Revenue Bonds, <br> (University of Denver Project), (NATL), <br> 5.00%, 03/01/35<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2264687 |
| **MEDICAL - 1.5%** | **MEDICAL - 1.5%** | **MEDICAL - 1.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, CO, <br> Refunding Revenue Bonds, (CommonSpirit <br> Health), (Series A), 5.00%, 08/01/32<br>| &nbsp;&nbsp; 2270000 | &nbsp;&nbsp; 2437448 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Colorado Health Facilities Authority, CO, <br> Refunding Revenue Bonds, Intermountain <br> Healthcare, (Series C), 5.00%, 05/15/62<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3180971 |
| &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp; $5618419 |
| **WATER - 0.5%** | **WATER - 0.5%** | **WATER - 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; City & County of Denver, CO, Board of Water <br> Commissioners, Refunding Revenue <br> Bonds, (Series B), 4.00%, 09/15/33<br>| &nbsp;&nbsp; 1750000 | &nbsp;&nbsp; 1856115 |
| &nbsp;&nbsp;&nbsp; TOTAL COLORADO | &nbsp;&nbsp;&nbsp; TOTAL COLORADO | &nbsp;&nbsp; $12379753 |
| **CONNECTICUT - 2.6%** | **CONNECTICUT - 2.6%** | **CONNECTICUT - 2.6%** |
| **GENERAL OBLIGATIONS - 0.8%** | **GENERAL OBLIGATIONS - 0.8%** | **GENERAL OBLIGATIONS - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Connecticut, CT, GO Unlimited, Public <br> Improvements, AD Valorem Property Tax, <br> (Series 2021 A), 3.00%, 01/15/35<br>| &nbsp;&nbsp; 2900000 | &nbsp;&nbsp; 2892230 |
| **HIGHER EDUCATION - 0.4%** | **HIGHER EDUCATION - 0.4%** | **HIGHER EDUCATION - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State Health & Educational <br> Facilities Authority, CT, Advance Refunding <br> Revenue Bonds, (Fairfield University), <br> (Series R), 5.00%, 07/01/31<br>| &nbsp;&nbsp; 1385000 | &nbsp;&nbsp; 1430366 |
| **MEDICAL - 1.4%** | **MEDICAL - 1.4%** | **MEDICAL - 1.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State Health & Educational <br> Facilities Authority, CT, Current Refunding <br> Revenue Bonds, (Stamford Hospital), <br> 5.00%, 07/01/34<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3287658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Connecticut State Health & Educational <br> Facilities Authority, CT, Current Refunding <br> Revenue Bonds, (Stamford Hospital), <br> (Series L-1)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/28 | &nbsp;&nbsp; 785000 | &nbsp;&nbsp; 804444 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/29 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 516512 |

---

 *January 31, 2026 (unaudited)*

------

*PORTFOLIO OF INVESTMENTS*

*Wilmington Municipal Bond Fund (continued)*

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/30 | &nbsp;&nbsp; $600000 | &nbsp;&nbsp; $623445 |
| &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp; $5232059 |
| &nbsp;&nbsp;&nbsp; TOTAL CONNECTICUT | &nbsp;&nbsp;&nbsp; TOTAL CONNECTICUT | &nbsp;&nbsp; $9554655 |
| **DISTRICT OF COLUMBIA - 1.0%** | **DISTRICT OF COLUMBIA - 1.0%** | **DISTRICT OF COLUMBIA - 1.0%** |
| **GENERAL - 0.6%** | **GENERAL - 0.6%** | **GENERAL - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Convention & Sports Authority, <br> DC, Current Refunding Revenue Bonds, <br> (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/30 | &nbsp;&nbsp; 610000 | &nbsp;&nbsp; 683943 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/31 | &nbsp;&nbsp; 875000 | &nbsp;&nbsp; 972704 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/32 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 552888 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp; $2209535 |
| **TRANSPORTATION - 0.4%** | **TRANSPORTATION - 0.4%** | **TRANSPORTATION - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Metropolitan Area Transit <br> Authority, DC, Revenue Bonds, (Series B), <br> 5.00%, 07/01/30<br>| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1553727 |
| &nbsp;&nbsp;&nbsp; TOTAL DISTRICT OF COLUMBIA | &nbsp;&nbsp;&nbsp; TOTAL DISTRICT OF COLUMBIA | &nbsp;&nbsp; $3763262 |
| **FLORIDA - 5.0%** | **FLORIDA - 5.0%** | **FLORIDA - 5.0%** |
| **AIRPORT - 1.8%** | **AIRPORT - 1.8%** | **AIRPORT - 1.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greater Orlando Aviation Authority, FL, Airport <br> System Revenue Bonds, (Series A), 5.00%, <br> 10/01/26<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1015804 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hillsborough County Aviation Authority, FL, <br> Revenue Bonds, (Series B), 5.00%, <br> 10/01/33<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2276991 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lee FL Airport Revenue County, FL, Revenue <br> Bonds<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/34 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1131225 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/35 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2243214 |
| &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp; $6667234 |
| **GENERAL OBLIGATIONS - 0.5%** | **GENERAL OBLIGATIONS - 0.5%** | **GENERAL OBLIGATIONS - 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Florida, FL, GO Unlimited, Current <br> Refunding, (Series D), 4.00%, 06/01/34<br>| &nbsp;&nbsp; 1975000 | &nbsp;&nbsp; 2045370 |
| **HIGHER EDUCATION - 1.3%** | **HIGHER EDUCATION - 1.3%** | **HIGHER EDUCATION - 1.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Davie Florida Education Facilities, FL, <br> Revenue Bonds, (Nova Southeastern <br> University Project)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/28 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 787259 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/30 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 788400 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/31 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 787849 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/33 | &nbsp;&nbsp; 750000 | &nbsp;&nbsp; 785130 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Higher Educational Facilities Financing <br> Authority, FL, Revenue Bonds, (Educational <br> Facilities Ringling College Project), 5.00%, <br> 03/01/28<br>| &nbsp;&nbsp; 1600000 | &nbsp;&nbsp; 1622249 |
| &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp; $4770887 |
| **HOUSING - 0.1%** | **HOUSING - 0.1%** | **HOUSING - 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Florida Gulf Coast University Financing Corp., <br> FL, Current Refunding Revenue Bonds, <br> (Housing Project), 5.00%, 02/01/26<br>| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 500000 |
| **MEDICAL - 0.6%** | **MEDICAL - 0.6%** | **MEDICAL - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lakeland, FL, Refunding Revenue Bonds, <br> (Lakeland Regional Health Systems), <br> (Series S), 5.00%, 11/15/42<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2156537 |

---

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| **POWER - 0.7%** | **POWER - 0.7%** | **POWER - 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; JEA Electric System Revenue, FL, Current <br> Refunding Revenue Bonds, (Series A), <br> 4.00%, 10/01/37<br>| &nbsp;&nbsp; $2450000 | &nbsp;&nbsp; $2487187 |
| &nbsp;&nbsp;&nbsp; TOTAL FLORIDA | &nbsp;&nbsp;&nbsp; TOTAL FLORIDA | &nbsp;&nbsp; $18627215 |
| **GEORGIA - 6.8%** | **GEORGIA - 6.8%** | **GEORGIA - 6.8%** |
| **GENERAL - 4.0%** | **GENERAL - 4.0%** | **GENERAL - 4.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Georgia Local Government, GA, Certificates of <br> Participation, (Grantor Trust), (Series A), <br> (NATL), 4.75%, 06/01/28<br>| &nbsp;&nbsp; 4359000 | &nbsp;&nbsp; 4488629 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., GA, Revenue <br> Bonds, Natural Gas Utility Improvements, <br> (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/52 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3047999 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/53 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3186109 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Main Street Natural Gas, Inc., GA, Revenue <br> Bonds, Natural Gas Utility Improvements, <br> (Series B)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/53 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1059219 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/55 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3225758 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp; $15007714 |
| **MEDICAL - 1.2%** | **MEDICAL - 1.2%** | **MEDICAL - 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gainesville & Hall County Hospital Authority, <br> GA, Revenue Bonds, (Northeast Georgia <br> Health System, Inc. Project), 5.00%, <br> 10/15/34<br>| &nbsp;&nbsp; 3805000 | &nbsp;&nbsp; 4420929 |
| **POWER - 1.0%** | **POWER - 1.0%** | **POWER - 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia, GA, <br> Project One Subordinated Current <br> Refunding Revenue Bonds, (Series B), <br> 5.00%, 01/01/31<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2214434 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Municipal Electric Authority of Georgia, GA, <br> Project One Subordinated Revenue Bonds, <br> (Series B), (BAM), 5.25%, 01/01/44<br>| &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1343722 |
| &nbsp;&nbsp;&nbsp; TOTAL POWER | &nbsp;&nbsp;&nbsp; TOTAL POWER | &nbsp;&nbsp; $3558156 |
| **TRANSPORTATION - 0.6%** | **TRANSPORTATION - 0.6%** | **TRANSPORTATION - 0.6%** |
| &nbsp;&nbsp;&nbsp; Georgia Ports Authority, GA, Revenue Bonds |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/37 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1040180 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 07/01/39 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1030412 |
| &nbsp;&nbsp;&nbsp; TOTAL TRANSPORTATION | &nbsp;&nbsp;&nbsp; TOTAL TRANSPORTATION | &nbsp;&nbsp; $2070592 |
| &nbsp;&nbsp;&nbsp; TOTAL GEORGIA | &nbsp;&nbsp;&nbsp; TOTAL GEORGIA | &nbsp;&nbsp; $25057391 |
| **IDAHO - 0.8%** | **IDAHO - 0.8%** | **IDAHO - 0.8%** |
| **HIGHER EDUCATION - 0.8%** | **HIGHER EDUCATION - 0.8%** | **HIGHER EDUCATION - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Idaho Housing & Finance Association, ID, <br> Current Refunding Revenue Bonds, (The <br> College of IDAHO Project) , 5.00%, <br> 11/01/33<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3097838 |
| &nbsp;&nbsp;&nbsp; TOTAL IDAHO | &nbsp;&nbsp;&nbsp; TOTAL IDAHO | &nbsp;&nbsp; $3097838 |
| **ILLINOIS - 8.7%** | **ILLINOIS - 8.7%** | **ILLINOIS - 8.7%** |
| **AIRPORT - 1.5%** | **AIRPORT - 1.5%** | **AIRPORT - 1.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport, IL, <br> Current Refunding Revenue Bonds, (Senior <br> Lien), (Series D), 5.00%, 01/01/34<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2322105 |

---

*January 31, 2026 (unaudited)* 

------

*PORTFOLIO OF INVESTMENTS*

*Wilmington Municipal Bond Fund (continued)*

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago O'Hare International Airport, IL, <br> Revenue Bonds, (Senior Lien), (Series D), <br> 5.00%, 01/01/34<br>| &nbsp;&nbsp; $3000000 | &nbsp;&nbsp; $3046714 |
| &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp; $5368819 |
| **GENERAL - 1.3%** | **GENERAL - 1.3%** | **GENERAL - 1.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regional Transportation Authority, IL, Revenue <br> Bonds, (Series A), (BHAC-CR FGIC), 6.00%, <br> 07/01/31<br>| &nbsp;&nbsp; 1450000 | &nbsp;&nbsp; 1630250 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Illinois, IL, (Series C), 5.00%, <br> 06/15/41<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3240619 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp; $4870869 |
| **GENERAL OBLIGATIONS - 4.1%** | **GENERAL OBLIGATIONS - 4.1%** | **GENERAL OBLIGATIONS - 4.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago Park District, IL, GO, Current <br> Refunding, AD Valorem Property Tax, <br> (Series A), (BAM), 4.00%, 01/01/37<br>| &nbsp;&nbsp; 2115000 | &nbsp;&nbsp; 2141754 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago, IL, GO Unlimited, (Series A), 5.00%, <br> 01/01/44<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1996037 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Chicago, IL, GO Unlimited, Current Refunding, <br> AD Valorem Property Tax, (Series A), <br> 5.00%, 01/01/32<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3175208 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Illinois, IL, GO Unlimited, Refunding <br> Bonds, 5.00%, 02/01/39<br>| &nbsp;&nbsp; 450000 | &nbsp;&nbsp; 494388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Illinois, IL, GO Unlimited, Current <br> Refunding, (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/29 | &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2123055 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/33 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1052426 |
| &nbsp;&nbsp;&nbsp; State of Illinois, IL, GO Unlimited, (Series D) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/28 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3120925 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/39 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1093984 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL OBLIGATIONS | &nbsp;&nbsp;&nbsp; TOTAL GENERAL OBLIGATIONS | &nbsp;&nbsp; $15197777 |
| **HIGHER EDUCATION - 0.8%** | **HIGHER EDUCATION - 0.8%** | **HIGHER EDUCATION - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Illinois, IL, Current Refunding <br> Revenue Bonds, (Series A), 4.00%, <br> 04/01/34<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3003200 |
| **SCHOOL DISTRICT - 0.6%** | **SCHOOL DISTRICT - 0.6%** | **SCHOOL DISTRICT - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Will County Community High School District <br> No 210 Lincoln-Way, IL, GO Unlimited, AD <br> Valorem Property Tax, (SeriesB), (BAM), <br> 5.00%, 01/01/36<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2277919 |
| **TRANSPORTATION - 0.4%** | **TRANSPORTATION - 0.4%** | **TRANSPORTATION - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Regional Transportation Authority, IL, Revenue <br> Bonds, (Series B), 5.00%, 06/01/33<br>| &nbsp;&nbsp; 1450000 | &nbsp;&nbsp; 1532467 |
| &nbsp;&nbsp;&nbsp; TOTAL ILLINOIS | &nbsp;&nbsp;&nbsp; TOTAL ILLINOIS | &nbsp;&nbsp; $32251051 |
| **INDIANA - 0.3%** | **INDIANA - 0.3%** | **INDIANA - 0.3%** |
| **GENERAL - 0.3%** | **GENERAL - 0.3%** | **GENERAL - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Westfield-Washington Multi-School Building <br> Corp., IN, Revenue Bonds, (Series A), (BAM <br> ST INTERCEPT), 5.00%, 07/15/31<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1123392 |
| &nbsp;&nbsp;&nbsp; TOTAL INDIANA | &nbsp;&nbsp;&nbsp; TOTAL INDIANA | &nbsp;&nbsp; $1123392 |
| **KENTUCKY - 2.2%** | **KENTUCKY - 2.2%** | **KENTUCKY - 2.2%** |
| **GENERAL - 2.2%** | **GENERAL - 2.2%** | **GENERAL - 2.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky Public Energy Authority, KY, <br> Revenue Bonds, Natural Gas Utility <br> Improvements, (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/01/52 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3025404 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/55 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1059759 |

---

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kentucky Public Energy Authority, KY, <br> Revenue Bonds, Natural Gas Utility <br> Improvements, (Series C), 4.00%, <br> 02/01/50<br>| &nbsp;&nbsp; $4000000 | &nbsp;&nbsp; $4063269 |
| &nbsp;&nbsp;&nbsp; TOTAL KENTUCKY | &nbsp;&nbsp;&nbsp; TOTAL KENTUCKY | &nbsp;&nbsp; $8148432 |
| **LOUISIANA - 2.3%** | **LOUISIANA - 2.3%** | **LOUISIANA - 2.3%** |
| **DEVELOPMENT - 0.8%** | **DEVELOPMENT - 0.8%** | **DEVELOPMENT - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Parish of St John the Baptist, LA, Current <br> Refunding Revenue Bonds, (Marathon Oil <br> Corporation Project), (Series C), 3.30%, <br> 06/01/37<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3036924 |
| **HIGHER EDUCATION - 0.5%** | **HIGHER EDUCATION - 0.5%** | **HIGHER EDUCATION - 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Louisiana Public Facilities Authority, LA, <br> Refunding Revenue Bonds, (Tulane <br> University of Louisiana Project), 4.00%, <br> 04/01/39<br>| &nbsp;&nbsp; 1830000 | &nbsp;&nbsp; 1835713 |
| **TRANSPORTATION - 1.0%** | **TRANSPORTATION - 1.0%** | **TRANSPORTATION - 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Greater New Orleans Expressway <br> Commission, LA, Refunding Revenue <br> Bonds, (AG), 5.00%, 11/01/38<br>| &nbsp;&nbsp; 1050000 | &nbsp;&nbsp; 1186821 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Louisiana Gasoline & Fuels Tax <br> Revenue, LA, Refunding Revenue Bonds, <br> (Second Lien), (Series A), 4.00%, 05/01/40<br>| &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2550487 |
| &nbsp;&nbsp;&nbsp; TOTAL TRANSPORTATION | &nbsp;&nbsp;&nbsp; TOTAL TRANSPORTATION | &nbsp;&nbsp; $3737308 |
| &nbsp;&nbsp;&nbsp; TOTAL LOUISIANA | &nbsp;&nbsp;&nbsp; TOTAL LOUISIANA | &nbsp;&nbsp; $8609945 |
| **MARYLAND - 0.7%** | **MARYLAND - 0.7%** | **MARYLAND - 0.7%** |
| **AIRPORT - 0.7%** | **AIRPORT - 0.7%** | **AIRPORT - 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Maryland State Department of Transportation, <br> MD, Revenue Bonds, (Baltimore <br> Washington International), (Series B)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/28 | &nbsp;&nbsp; 730000 | &nbsp;&nbsp; 769961 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/29 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 537864 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/30 | &nbsp;&nbsp; 515000 | &nbsp;&nbsp; 562789 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/31 | &nbsp;&nbsp; 650000 | &nbsp;&nbsp; 720521 |
| &nbsp;&nbsp;&nbsp; TOTAL MARYLAND | &nbsp;&nbsp;&nbsp; TOTAL MARYLAND | &nbsp;&nbsp; $2591135 |
| **MASSACHUSETTS - 0.8%** | **MASSACHUSETTS - 0.8%** | **MASSACHUSETTS - 0.8%** |
| **MEDICAL - 0.3%** | **MEDICAL - 0.3%** | **MEDICAL - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Development Finance Agency, <br> MA, Advance Refunding Revenue Bonds, <br> (Care Group), (Series I), 5.00%, 07/01/33<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1008884 |
| **STUDENT LOAN - 0.5%** | **STUDENT LOAN - 0.5%** | **STUDENT LOAN - 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Massachusetts Educational Financing <br> Authority, MA, Revenue Bonds, (Series B), <br> 5.00%, 07/01/33<br>| &nbsp;&nbsp; 1800000 | &nbsp;&nbsp; 1962886 |
| &nbsp;&nbsp;&nbsp; TOTAL MASSACHUSETTS | &nbsp;&nbsp;&nbsp; TOTAL MASSACHUSETTS | &nbsp;&nbsp; $2971770 |
| **MICHIGAN - 1.1%** | **MICHIGAN - 1.1%** | **MICHIGAN - 1.1%** |
| **AIRPORT - 0.2%** | **AIRPORT - 0.2%** | **AIRPORT - 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Gerald R Ford International Airport Authority, <br> MI, Revenue Bonds, (CNTY GTD), 5.00%, <br> 01/01/41<br>| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 541684 |
| **SCHOOL DISTRICT - 0.9%** | **SCHOOL DISTRICT - 0.9%** | **SCHOOL DISTRICT - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kalamazoo Public Schools, MI, GO Unlimited, <br> AD Valorem Property Tax<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/01/33 | &nbsp;&nbsp; 1330000 | &nbsp;&nbsp; 1359337 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/01/34 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1018489 |

---

 *January 31, 2026 (unaudited)*

------

*PORTFOLIO OF INVESTMENTS*

*Wilmington Municipal Bond Fund (continued)*

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Saginaw City School District, MI, GO <br> Unlimited, School Improvements, AD <br> Valorem Property Tax, (Qualified School <br> Bond Loan Fund), 4.00%, 05/01/35<br>| &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $1048272 |
| &nbsp;&nbsp;&nbsp; TOTAL SCHOOL DISTRICT | &nbsp;&nbsp;&nbsp; TOTAL SCHOOL DISTRICT | &nbsp;&nbsp; $3426098 |
| **WATER - 0.0%\*\*** | **WATER - 0.0%\*\*** | **WATER - 0.0%\*\*** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Detroit Sewage Disposal System, MI, Revenue <br> Bonds, (Second Lien), (Series B), (AG-CR <br> FGIC), 5.50%, 07/01/29<br>| &nbsp;&nbsp; 105000 | &nbsp;&nbsp; 110565 |
| &nbsp;&nbsp;&nbsp; TOTAL MICHIGAN | &nbsp;&nbsp;&nbsp; TOTAL MICHIGAN | &nbsp;&nbsp; $4078347 |
| **MINNESOTA - 1.4%** | **MINNESOTA - 1.4%** | **MINNESOTA - 1.4%** |
| **GENERAL OBLIGATIONS - 0.6%** | **GENERAL OBLIGATIONS - 0.6%** | **GENERAL OBLIGATIONS - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Minnesota, MN, GO Unlimited, AD <br> Valorem Property Tax, (Series A), 4.00%, <br> 09/01/38<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2069169 |
| **MEDICAL - 0.8%** | **MEDICAL - 0.8%** | **MEDICAL - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Rochester, MN, Current Refunding Revenue <br> Bonds, (Mayo Clinic), 4.00%, 11/15/39<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3098338 |
| &nbsp;&nbsp;&nbsp; TOTAL MINNESOTA | &nbsp;&nbsp;&nbsp; TOTAL MINNESOTA | &nbsp;&nbsp; $5167507 |
| **NEVADA - 2.0%** | **NEVADA - 2.0%** | **NEVADA - 2.0%** |
| **GENERAL OBLIGATIONS - 0.8%** | **GENERAL OBLIGATIONS - 0.8%** | **GENERAL OBLIGATIONS - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Las Vegas Valley Water District, NV, GO <br> Limited, Current Refunding, AD Valorem <br> Property Tax, (Series C), 4.00%, 06/01/37<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3138805 |
| **SCHOOL DISTRICT - 0.9%** | **SCHOOL DISTRICT - 0.9%** | **SCHOOL DISTRICT - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clark County School District, NV, GO Limited, <br> AD Valorem Property Tax, (Series A), <br> 5.00%, 06/15/39<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3377280 |
| **TRANSPORTATION - 0.3%** | **TRANSPORTATION - 0.3%** | **TRANSPORTATION - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clark County, NV, Refunding Revenue Bonds, <br> 4.00%, 07/01/41<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1021380 |
| &nbsp;&nbsp;&nbsp; TOTAL NEVADA | &nbsp;&nbsp;&nbsp; TOTAL NEVADA | &nbsp;&nbsp; $7537465 |
| **NEW JERSEY - 3.0%** | **NEW JERSEY - 3.0%** | **NEW JERSEY - 3.0%** |
| **GENERAL - 1.8%** | **GENERAL - 1.8%** | **GENERAL - 1.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Garden State Preservation Trust, NJ, Revenue <br> Bonds, (Series A), (AG), 5.75%, 11/01/28<br>| &nbsp;&nbsp; 1905000 | &nbsp;&nbsp; 2018778 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund <br> Authority, NJ, Current Refunding Revenue <br> Bonds, (Series A), (Transportation System), <br> 5.00%, 12/15/34<br>| &nbsp;&nbsp; 1720000 | &nbsp;&nbsp; 1828527 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund <br> Authority, NJ, Current Refunding Revenue <br> Bonds, (Transportation System), 5.00%, <br> 12/15/32<br>| &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 545746 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Transportation Trust Fund <br> Authority, NJ, Refunding Revenue Bonds, <br> (Series A), 5.00%, 06/15/33<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2320490 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp; $6713541 |
| **HIGHER EDUCATION - 0.9%** | **HIGHER EDUCATION - 0.9%** | **HIGHER EDUCATION - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Educational Facilities Authority, <br> NJ, Revenue Bonds, (Series A), <br> (Princeton University), 5.00%, 07/01/64<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2353239 |

---

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Educational Facilities Authority, <br> NJ, Revenue Bonds, (Series A), (Stevens <br> Institute of Technology), 5.00%, 07/01/31<br>| &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $1030292 |
| &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp; $3383531 |
| **STUDENT LOAN - 0.3%** | **STUDENT LOAN - 0.3%** | **STUDENT LOAN - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New Jersey Higher Education Student <br> Assistance Authority, NJ, Current Refunding <br> Revenue Bonds, (Series B), 4.00%, <br> 12/01/44<br>| &nbsp;&nbsp; 860000 | &nbsp;&nbsp; 836484 |
| &nbsp;&nbsp;&nbsp; TOTAL NEW JERSEY | &nbsp;&nbsp;&nbsp; TOTAL NEW JERSEY | &nbsp;&nbsp; $10933556 |
| **NEW YORK - 7.4%** | **NEW YORK - 7.4%** | **NEW YORK - 7.4%** |
| **AIRPORT - 2.4%** | **AIRPORT - 2.4%** | **AIRPORT - 2.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York Transportation Development Corp., <br> NY, Revenue Bonds, (Terminal 4 John F. <br> Kennedy International Airport Project), <br> (Series P), 5.00%, 12/01/31<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3307653 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, NY, <br> Refunding Revenue Bonds, (207th Series)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/15/30 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1023658 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/15/31 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2598631 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port Authority of New York & New Jersey, NY, <br> Current Refunding Revenue Bonds, (222nd <br> Series), (BAM-TCRS), 4.00%, 07/15/39<br>| &nbsp;&nbsp; 1840000 | &nbsp;&nbsp; 1888048 |
| &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp; $8817990 |
| **GENERAL - 1.8%** | **GENERAL - 1.8%** | **GENERAL - 1.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City, NY, Transitional Finance <br> Authority Future Tax Secured Revenue, <br> Revenue Bonds, Public Improvements, <br> (Series E-1), 4.00%, 02/01/38<br>| &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2560364 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority, NY, <br> Advance Refunding Revenue Bonds, <br> Income Tax Revenue, (Series A), 4.00%, <br> 02/15/34<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2018897 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Urban Development Corp., NY, <br> Revenue Bonds, Personal Income Tax, <br> (Series A), 4.00%, 03/15/38<br>| &nbsp;&nbsp; 2005000 | &nbsp;&nbsp; 2040232 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp; $6619493 |
| **GENERAL OBLIGATIONS - 0.9%** | **GENERAL OBLIGATIONS - 0.9%** | **GENERAL OBLIGATIONS - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City, NY, GO Unlimited, AD Valorem <br> Property Tax, (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/36 | &nbsp;&nbsp; 1600000 | &nbsp;&nbsp; 1780921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/01/37 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1544416 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL OBLIGATIONS | &nbsp;&nbsp;&nbsp; TOTAL GENERAL OBLIGATIONS | &nbsp;&nbsp; $3325337 |
| **HIGHER EDUCATION - 1.0%** | **HIGHER EDUCATION - 1.0%** | **HIGHER EDUCATION - 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York State Dormitory Authority, NY, <br> Current Refunding Revenue Bonds, (The <br> New School), (Series A), 5.00%, 07/01/33<br>| &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2835777 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tompkins County Development Corp., NY, <br> Current Refunding Revenue Bonds, (Ithaca <br> College Project), 5.00%, 07/01/30<br>| &nbsp;&nbsp; 990000 | &nbsp;&nbsp; 1042862 |
| &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp; $3878639 |
| **TRANSPORTATION - 0.7%** | **TRANSPORTATION - 0.7%** | **TRANSPORTATION - 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Transportation Authority, NY, <br> Current Refunding Revenue Bonds, <br> (Series A), 5.00%, 11/15/39<br>| &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2752952 |

---

*January 31, 2026 (unaudited)* 

------

*PORTFOLIO OF INVESTMENTS*

*Wilmington Municipal Bond Fund (continued)*

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| **WATER - 0.6%** | **WATER - 0.6%** | **WATER - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; New York City Municipal Water Finance <br> Authority, NY, Current Refunding Revenue <br> Bonds, (Series FF), 4.00%, 06/15/36<br>| &nbsp;&nbsp; $1990000 | &nbsp;&nbsp; $2027320 |
| &nbsp;&nbsp;&nbsp; TOTAL NEW YORK | &nbsp;&nbsp;&nbsp; TOTAL NEW YORK | &nbsp;&nbsp; $27421731 |
| **NORTH CAROLINA - 1.9%** | **NORTH CAROLINA - 1.9%** | **NORTH CAROLINA - 1.9%** |
| **POWER - 1.2%** | **POWER - 1.2%** | **POWER - 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Municipal Power Agency No. 1, <br> NC, Current Refunding Revenue Bonds, <br> (Series A), 5.00%, 01/01/32<br>| &nbsp;&nbsp; 4250000 | &nbsp;&nbsp; 4623768 |
| **TRANSPORTATION - 0.4%** | **TRANSPORTATION - 0.4%** | **TRANSPORTATION - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; North Carolina Turnpike Authority, NC, Current <br> Refunding Revenue Bonds, (Senior Lien), <br> (AG), 5.00%, 01/01/32<br>| &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1330360 |
| **WATER - 0.3%** | **WATER - 0.3%** | **WATER - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Charlotte Water & Sewer System Revenue, <br> NC, Current Refunding Revenue Bonds, <br> 5.00%, 07/01/33<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1107901 |
| &nbsp;&nbsp;&nbsp; TOTAL NORTH CAROLINA | &nbsp;&nbsp;&nbsp; TOTAL NORTH CAROLINA | &nbsp;&nbsp; $7062029 |
| **OHIO - 4.7%** | **OHIO - 4.7%** | **OHIO - 4.7%** |
| **GENERAL - 1.1%** | **GENERAL - 1.1%** | **GENERAL - 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Cleveland-Cuyahoga County Port Authority, <br> OH, Revenue Bonds, Public Improvements, <br> (Administrative Headquarters Project), <br> 5.00%, 07/01/37<br>| &nbsp;&nbsp; 3500000 | &nbsp;&nbsp; 4024351 |
| **GENERAL OBLIGATIONS - 0.3%** | **GENERAL OBLIGATIONS - 0.3%** | **GENERAL OBLIGATIONS - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Ohio, OH, GO Unlimited, Public <br> Improvements, (Series A), 5.00%, 03/01/35<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1154929 |
| **HIGHER EDUCATION - 1.2%** | **HIGHER EDUCATION - 1.2%** | **HIGHER EDUCATION - 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ohio Higher Educational Facility Commission, <br> OH, Current Refunding Revenue Bonds, <br> University & College Improvements, <br> (University of Dayton 2020), 5.00%, <br> 02/01/34<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1082269 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Ohio State University (The), OH, Revenue <br> Bonds, (Series A), (Multiyear Debt ISS), <br> 4.00%, 12/01/43<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 1996092 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; University of Akron (The), OH, Advance <br> Refunding Revenue Bonds, (Series A), <br> (BAM), 5.00%, 01/01/33<br>| &nbsp;&nbsp; 1430000 | &nbsp;&nbsp; 1617766 |
| &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp; $4696127 |
| **MEDICAL - 1.2%** | **MEDICAL - 1.2%** | **MEDICAL - 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County, OH, Current Refunding <br> Revenue Bonds, (Premier Health Partners <br> Obligated Group), 5.00%, 11/15/28<br>| &nbsp;&nbsp; 3035000 | &nbsp;&nbsp; 3199747 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Ohio, OH, Refunding Revenue Bonds, <br> (Cleveland Clinic Health System Obligated <br> Group), (Series A), 4.00%, 01/01/34<br>| &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1273027 |
| &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp; $4472774 |
| **POWER - 0.9%** | **POWER - 0.9%** | **POWER - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; American Municipal Power, Inc., OH, Current <br> Refunding Revenue Bonds, (Prairie State <br> Energy Campus Project), 5.00%, 02/15/32<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3272846 |
| &nbsp;&nbsp;&nbsp; TOTAL OHIO | &nbsp;&nbsp;&nbsp; TOTAL OHIO | &nbsp;&nbsp; $17621027 |

---

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| **OKLAHOMA - 1.4%** | **OKLAHOMA - 1.4%** | **OKLAHOMA - 1.4%** |
| **GENERAL - 1.2%** | **GENERAL - 1.2%** | **GENERAL - 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Canadian County Educational Facilities <br> Authority, OK, Revenue Bonds, (Mustang <br> Public Schools Project), (Series A), 5.25%, <br> 09/01/34<br>| &nbsp;&nbsp; $3000000 | &nbsp;&nbsp; $3489096 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oklahoma County Finance Authority, OK, <br> Revenue Bonds, (Midwest City-Del City <br> Public Schools Project), (BAM), 5.00%, <br> 10/01/40<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1114352 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp; $4603448 |
| **POWER - 0.2%** | **POWER - 0.2%** | **POWER - 0.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Grand River Dam Authority, OK, Refunding <br> Revenue Bonds, (Series A), 5.00%, <br> 06/01/41<br>| &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 660818 |
| &nbsp;&nbsp;&nbsp; TOTAL OKLAHOMA | &nbsp;&nbsp;&nbsp; TOTAL OKLAHOMA | &nbsp;&nbsp; $5264266 |
| **OREGON - 0.3%** | **OREGON - 0.3%** | **OREGON - 0.3%** |
| **GENERAL - 0.3%** | **GENERAL - 0.3%** | **GENERAL - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Oregon State Lottery, OR, Revenue Bonds, <br> (Series A), (MORAL OBLG), 5.00%, <br> 04/01/39<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1118101 |
| &nbsp;&nbsp;&nbsp; TOTAL OREGON | &nbsp;&nbsp;&nbsp; TOTAL OREGON | &nbsp;&nbsp; $1118101 |
| **PENNSYLVANIA - 6.5%** | **PENNSYLVANIA - 6.5%** | **PENNSYLVANIA - 6.5%** |
| **AIRPORT - 1.2%** | **AIRPORT - 1.2%** | **AIRPORT - 1.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Allegheny County Airport Authority, PA, <br> Revenue Bonds, (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/28 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1564921 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/01/38 | &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1513260 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Philadelphia Airport, PA, Refunding Revenue <br> Bonds, (Series B), 5.00%, 07/01/30<br>| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1545681 |
| &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp; $4623862 |
| **GENERAL - 0.9%** | **GENERAL - 0.9%** | **GENERAL - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Delaware Valley Regional Finance Authority, <br> PA, Refunding Revenue Bonds, (Series A), <br> 4.00%, 03/01/35<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3203575 |
| **HIGHER EDUCATION - 1.4%** | **HIGHER EDUCATION - 1.4%** | **HIGHER EDUCATION - 1.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Lackawanna County Industrial Development <br> Authority, PA, Advance Refunding Revenue <br> Bonds, (Scranton University), 5.00%, <br> 11/01/30<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1037161 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Higher Education and <br> Health Authority, PA, Current Refunding <br> Revenue Bonds, (AICUP Financing <br> Program), 5.00%, 05/01/35<br>| &nbsp;&nbsp; 1130000 | &nbsp;&nbsp; 1191014 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Montgomery County Industrial Development <br> Authority, PA, Revenue Bonds, (AICUP <br> Financing Program - Gwynedd Mercy <br> University Project), 5.25%, 05/01/38<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1050834 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Educational Facilities <br> Authority, PA, Current Refunding Revenue <br> Bonds, (Ursinus College Project), (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/26 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 354145 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/27 | &nbsp;&nbsp; 600000 | &nbsp;&nbsp; 613709 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/28 | &nbsp;&nbsp; 1100000 | &nbsp;&nbsp; 1138281 |
| &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp;&nbsp; TOTAL HIGHER EDUCATION | &nbsp;&nbsp; $5385144 |

---

 *January 31, 2026 (unaudited)*

------

*PORTFOLIO OF INVESTMENTS*

*Wilmington Municipal Bond Fund (continued)*

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| **MEDICAL - 0.8%** | **MEDICAL - 0.8%** | **MEDICAL - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hospitals & Higher Education Facilities <br> Authority of Philadelphia, PA, Current <br> Refunding Revenue Bonds, (AG), 5.00%, <br> 07/01/35<br>| &nbsp;&nbsp; $2500000 | &nbsp;&nbsp; $2787292 |
| **STUDENT LOAN - 0.1%** | **STUDENT LOAN - 0.1%** | **STUDENT LOAN - 0.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Higher Education Assistance <br> Agency, PA, Revenue Bonds, (Series A), <br> 4.13%, 06/01/45<br>| &nbsp;&nbsp; 405000 | &nbsp;&nbsp; 403576 |
| **TOBACCO SETTLEMENT - 0.3%** | **TOBACCO SETTLEMENT - 0.3%** | **TOBACCO SETTLEMENT - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Commonwealth Financing Authority, PA, <br> Revenue Bonds, (Tobacco Master <br> Settlement Payment), 5.00%, 06/01/34<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1046736 |
| **TRANSPORTATION - 1.0%** | **TRANSPORTATION - 1.0%** | **TRANSPORTATION - 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, PA, <br> Advance Refunding Revenue Bonds, (2nd <br> Series), Motor License Fund Enhanced, <br> 5.00%, 12/01/32<br>| &nbsp;&nbsp; 2000000 | &nbsp;&nbsp; 2085937 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pennsylvania Turnpike Commission, PA, <br> Refunding Revenue Bonds, Public <br> Improvements, (Series B)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/35 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 569882 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/36 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 565977 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/37 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 562598 |
| &nbsp;&nbsp;&nbsp; TOTAL TRANSPORTATION | &nbsp;&nbsp;&nbsp; TOTAL TRANSPORTATION | &nbsp;&nbsp; $3784394 |
| **WATER - 0.8%** | **WATER - 0.8%** | **WATER - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pittsburgh Water & Sewer Authority, PA, <br> Current Refunding Revenue Bonds, (First <br> Lien), (Series B), (AG)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/38 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1405070 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/39 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1115116 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Pittsburgh Water & Sewer Authority, PA, <br> Current Refunding Revenue Bonds, <br> (Sub-Series B), (AG), 5.00%, 09/01/33<br>| &nbsp;&nbsp; 340000 | &nbsp;&nbsp; 395557 |
| &nbsp;&nbsp;&nbsp; TOTAL WATER | &nbsp;&nbsp;&nbsp; TOTAL WATER | &nbsp;&nbsp; $2915743 |
| &nbsp;&nbsp;&nbsp; TOTAL PENNSYLVANIA | &nbsp;&nbsp;&nbsp; TOTAL PENNSYLVANIA | &nbsp;&nbsp; $24150322 |
| **SOUTH CAROLINA - 2.7%** | **SOUTH CAROLINA - 2.7%** | **SOUTH CAROLINA - 2.7%** |
| **MEDICAL - 0.6%** | **MEDICAL - 0.6%** | **MEDICAL - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Jobs-Economic Development <br> Authority, SC, Revenue Bonds, (Novant <br> Health Obligated Group), 5.00%, 11/01/34<br>| &nbsp;&nbsp; 1750000 | &nbsp;&nbsp; 2032480 |
| **POWER - 1.4%** | **POWER - 1.4%** | **POWER - 1.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Piedmont Municipal Power Agency, SC, <br> Current Refunding Revenue Bonds, <br> (Series B), 4.00%, 01/01/34<br>| &nbsp;&nbsp; 2155000 | &nbsp;&nbsp; 2216587 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Piedmont Municipal Power Agency, SC, <br> Current Refunding Revenue Bonds, <br> (Series D), 4.00%, 01/01/34<br>| &nbsp;&nbsp; 2830000 | &nbsp;&nbsp; 2908292 |
| &nbsp;&nbsp;&nbsp; TOTAL POWER | &nbsp;&nbsp;&nbsp; TOTAL POWER | &nbsp;&nbsp; $5124879 |
| **UTILITIES - 0.7%** | **UTILITIES - 0.7%** | **UTILITIES - 0.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, SC, <br> Current Refunding Revenue Bonds, <br> (Series B), 5.00%, 12/01/31<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1128738 |

---

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; South Carolina Public Service Authority, SC, <br> Revenue Bonds, (Series A), 5.00%, <br> 12/01/34<br>| &nbsp;&nbsp; $1335000 | &nbsp;&nbsp; $1550356 |
| &nbsp;&nbsp;&nbsp; TOTAL UTILITIES | &nbsp;&nbsp;&nbsp; TOTAL UTILITIES | &nbsp;&nbsp; $2679094 |
| &nbsp;&nbsp;&nbsp; TOTAL SOUTH CAROLINA | &nbsp;&nbsp;&nbsp; TOTAL SOUTH CAROLINA | &nbsp;&nbsp; $9836453 |
| **TENNESSEE - 2.6%** | **TENNESSEE - 2.6%** | **TENNESSEE - 2.6%** |
| **AIRPORT - 0.6%** | **AIRPORT - 0.6%** | **AIRPORT - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Memphis-Shelby County Airport Authority, TN, <br> Revenue Bonds, 5.00%, 07/01/33<br>| &nbsp;&nbsp; 1035000 | &nbsp;&nbsp; 1070655 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Memphis-Shelby County Airport Authority, TN, <br> Revenue Bonds, (Series A), 5.00%, <br> 07/01/32<br>| &nbsp;&nbsp; 1100000 | &nbsp;&nbsp; 1203717 |
| &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp; $2274372 |
| **GENERAL OBLIGATIONS - 1.1%** | **GENERAL OBLIGATIONS - 1.1%** | **GENERAL OBLIGATIONS - 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Carter County, TN, GO Unlimited, AD Valorem <br> Property Tax, 5.00%, 05/01/33<br>| &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2626906 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Government of Nashville & <br> Davidson County, TN, GO Unlimited, <br> Refunding Notes, AD Valorem Property Tax, <br> (Series A), 4.00%, 01/01/37<br>| &nbsp;&nbsp; 1515000 | &nbsp;&nbsp; 1575692 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL OBLIGATIONS | &nbsp;&nbsp;&nbsp; TOTAL GENERAL OBLIGATIONS | &nbsp;&nbsp; $4202598 |
| **MEDICAL - 0.9%** | **MEDICAL - 0.9%** | **MEDICAL - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Metropolitan Government Nashville & <br> Davidson County Health & Educational <br> Facs Bd, TN, Revenue Bonds, (Vanderbilt <br> University Medical Center), 5.00%, <br> 07/01/31<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3314525 |
| &nbsp;&nbsp;&nbsp; TOTAL TENNESSEE | &nbsp;&nbsp;&nbsp; TOTAL TENNESSEE | &nbsp;&nbsp; $9791495 |
| **TEXAS - 13.0%** | **TEXAS - 13.0%** | **TEXAS - 13.0%** |
| **AIRPORT - 1.0%** | **AIRPORT - 1.0%** | **AIRPORT - 1.0%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport, TX, <br> Current Refunding Revenue Bonds, <br> (Series A), 4.00%, 11/01/35<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1038490 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport, TX, <br> Revenue Bonds, (Series A), 5.00%, <br> 11/01/35<br>| &nbsp;&nbsp; 1305000 | &nbsp;&nbsp; 1481808 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dallas Fort Worth International Airport, TX, <br> Current Refunding Revenue Bonds, <br> (Series B), 5.00%, 11/01/38<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1121407 |
| &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp; $3641705 |
| **EDUCATION - 1.3%** | **EDUCATION - 1.3%** | **EDUCATION - 1.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Arlington Higher Education Finance Corp., TX, <br> Revenue Bonds, (Trinity Basin Preparatory, <br> Inc.), (PSF-GTD)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/39 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 553752 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/40 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 549823 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., TX, <br> Refunding Revenue Bonds, (Idea Public <br> Schools), (PSF-GTD), 5.00%, 08/15/34<br>| &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2805080 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clifton Higher Education Finance Corp., TX, <br> Revenue Bonds, (Idea Public Schools), <br> (PSF-GTD), 5.00%, 08/15/29<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1062408 |
| &nbsp;&nbsp;&nbsp; TOTAL EDUCATION | &nbsp;&nbsp;&nbsp; TOTAL EDUCATION | &nbsp;&nbsp; $4971063 |
| **GENERAL - 0.6%** | **GENERAL - 0.6%** | **GENERAL - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dallas, TX, Current Refunding Revenue Bonds, <br> Hotel Occupancy Tax<br>|  |  |

---

*January 31, 2026 (unaudited)* 

------

*PORTFOLIO OF INVESTMENTS*

*Wilmington Municipal Bond Fund (continued)*

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/15/31 | &nbsp;&nbsp; $1000000 | &nbsp;&nbsp; $1004835 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 08/15/32 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1004401 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp;&nbsp; TOTAL GENERAL | &nbsp;&nbsp; $2009236 |
| **GENERAL OBLIGATIONS - 3.9%** | **GENERAL OBLIGATIONS - 3.9%** | **GENERAL OBLIGATIONS - 3.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dallas, TX, GO Limited, AD Valorem Property <br> Tax, (Series A)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/40 | &nbsp;&nbsp; 1250000 | &nbsp;&nbsp; 1386148 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/15/41 | &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1101470 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Kaufman County Municipal Utility District <br> No 3, TX, GO Unlimited, AD Valorem <br> Property Tax, (Series A), (BAM)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/38 | &nbsp;&nbsp; 1020000 | &nbsp;&nbsp; 1042093 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/39 | &nbsp;&nbsp; 1065000 | &nbsp;&nbsp; 1082473 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 03/01/40 | &nbsp;&nbsp; 1110000 | &nbsp;&nbsp; 1121399 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Martin County Hospital District, TX, GO <br> Limited, Current Refunding, AD Valorem <br> Property Tax<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/26 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 100197 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/27 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 101410 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/28 | &nbsp;&nbsp; 535000 | &nbsp;&nbsp; 549902 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/29 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 103706 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/30 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 104594 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/31 | &nbsp;&nbsp; 350000 | &nbsp;&nbsp; 367528 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/32 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 104317 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/33 | &nbsp;&nbsp; 495000 | &nbsp;&nbsp; 513165 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/34 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 103186 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/35 | &nbsp;&nbsp; 100000 | &nbsp;&nbsp; 102854 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 04/01/36 | &nbsp;&nbsp; 380000 | &nbsp;&nbsp; 388210 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Texas, TX, GO Unlimited, (Series A), <br> 4.50%, 08/01/29<br>| &nbsp;&nbsp; 2125000 | &nbsp;&nbsp; 2250700 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Texas, TX, GO Unlimited, Current <br> Refunding, (Series B), 5.00%, 08/01/29<br>| &nbsp;&nbsp; 3735000 | &nbsp;&nbsp; 4025610 |
| &nbsp;&nbsp;&nbsp; TOTAL GENERAL OBLIGATIONS | &nbsp;&nbsp;&nbsp; TOTAL GENERAL OBLIGATIONS | &nbsp;&nbsp; $14548962 |
| **MEDICAL - 0.9%** | **MEDICAL - 0.9%** | **MEDICAL - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities <br> Finance Corp., TX, Refunding Revenue <br> Bonds, (Ascension Senior Credit), <br> (Series C-2), 5.00%, 11/15/51<br>| &nbsp;&nbsp; 1500000 | &nbsp;&nbsp; 1728388 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Tarrant County Cultural Education Facilities <br> Finance Corp., TX, Revenue Bonds, <br> (Christus Health), (Series B), 5.00%, <br> 07/01/32<br>| &nbsp;&nbsp; 1465000 | &nbsp;&nbsp; 1559080 |
| &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp; $3287468 |
| **SCHOOL DISTRICT - 1.7%** | **SCHOOL DISTRICT - 1.7%** | **SCHOOL DISTRICT - 1.7%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Hays Consolidated Independent School <br> District, TX, GO Unlimited, AD Valorem <br> Property Tax, (Permanent School Fund - <br> Guaranteed), 4.00%, 02/15/37<br>| &nbsp;&nbsp; 1000000 | &nbsp;&nbsp; 1034814 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Prosper Independent School District, TX, GO <br> Unlimited, (PSF-GTD), 4.00%, 02/15/48<br>| &nbsp;&nbsp; 4000000 | &nbsp;&nbsp; 3734688 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Royal Independent School District, TX, GO <br> Unlimited, AD Valorem Property Tax, <br> (Series B), (Permanent School Fund - <br> Guaranteed), 4.00%, 02/15/48<br>| &nbsp;&nbsp; 1475000 | &nbsp;&nbsp; 1389096 |
| &nbsp;&nbsp;&nbsp; TOTAL SCHOOL DISTRICT | &nbsp;&nbsp;&nbsp; TOTAL SCHOOL DISTRICT | &nbsp;&nbsp; $6158598 |

---

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| **STUDENT LOAN - 0.4%** | **STUDENT LOAN - 0.4%** | **STUDENT LOAN - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Brazos Higher Education Authority, Inc., TX, <br> Revenue Bonds, (Series 1A), 5.13%, <br> 04/01/43<br>| &nbsp;&nbsp; $1395000 | &nbsp;&nbsp; $1477549 |
| **TRANSPORTATION - 3.2%** | **TRANSPORTATION - 3.2%** | **TRANSPORTATION - 3.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Central Texas Regional Mobility Authority, TX, <br> Highways Improvement Revenue Bonds, <br> (Senior Lien), 5.00%, 01/01/33<br>| &nbsp;&nbsp; 1470000 | &nbsp;&nbsp; 1532880 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Central Texas Turnpike System, TX, Current <br> Refunding Revenue Bonds, (Series C)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/35 | &nbsp;&nbsp; 3045000 | &nbsp;&nbsp; 3542347 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/15/38 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3407196 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Texas Private Activity Bond Surface <br> Transportation Corp., TX, Current <br> Refunding Revenue Bonds, (North Tarrant <br> Express Managed Lanes Project), <br> (Series A), 4.00%, 12/31/37<br>| &nbsp;&nbsp; 3500000 | &nbsp;&nbsp; 3517472 |
| &nbsp;&nbsp;&nbsp; TOTAL TRANSPORTATION | &nbsp;&nbsp;&nbsp; TOTAL TRANSPORTATION | &nbsp;&nbsp; $11999895 |
| &nbsp;&nbsp;&nbsp; TOTAL TEXAS | &nbsp;&nbsp;&nbsp; TOTAL TEXAS | &nbsp;&nbsp; $48094476 |
| **UTAH - 3.7%** | **UTAH - 3.7%** | **UTAH - 3.7%** |
| **AIRPORT - 1.5%** | **AIRPORT - 1.5%** | **AIRPORT - 1.5%** |
| &nbsp;&nbsp;&nbsp; Salt Lake City, UT, Revenue Bonds, (Series A) |  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/32 | &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3136887 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/33 | &nbsp;&nbsp; 2500000 | &nbsp;&nbsp; 2609115 |
| &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp;&nbsp; TOTAL AIRPORT | &nbsp;&nbsp; $5746002 |
| **MEDICAL - 2.2%** | **MEDICAL - 2.2%** | **MEDICAL - 2.2%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Salt Lake County, UT, Revenue Bonds, (IHC <br> Health Services), (AMBAC), <br> Prerefunded/ETM<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.40%, 02/15/28 | &nbsp;&nbsp; 2850000 | &nbsp;&nbsp; 2898207 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 5.13%, 02/15/33 | &nbsp;&nbsp; 5145000 | &nbsp;&nbsp; 5232052 |
| &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp; $8130259 |
| &nbsp;&nbsp;&nbsp; TOTAL UTAH | &nbsp;&nbsp;&nbsp; TOTAL UTAH | &nbsp;&nbsp; $13876261 |
| **WASHINGTON - 3.9%** | **WASHINGTON - 3.9%** | **WASHINGTON - 3.9%** |
| **GENERAL - 1.1%** | **GENERAL - 1.1%** | **GENERAL - 1.1%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Central Puget Sound Regional Transit <br> Authority, WA, Revenue Bonds, (NATL), <br> 4.75%, 02/01/28<br>| &nbsp;&nbsp; 3990000 | &nbsp;&nbsp; 4016737 |
| **MEDICAL - 0.5%** | **MEDICAL - 0.5%** | **MEDICAL - 0.5%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Washington Health Care Facilities Authority, <br> WA, Advance Refunding Revenue Bonds, <br> (Overlake Hospital Medical Center), 5.00%, <br> 07/01/33<br>| &nbsp;&nbsp; 1750000 | &nbsp;&nbsp; 1793300 |
| **POWER - 0.9%** | **POWER - 0.9%** | **POWER - 0.9%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Energy Northwest, WA, Current Refunding <br> Revenue Bonds, Columbia Generating <br> Station, (Series A), 5.00%, 07/01/33<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3439511 |
| **SCHOOL DISTRICT - 0.8%** | **SCHOOL DISTRICT - 0.8%** | **SCHOOL DISTRICT - 0.8%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Clark County School District No. <br> 114 Evergreen, WA, GO Unlimited, AD <br> Valorem Property Tax, (SCH BD GTY), <br> 4.00%, 12/01/33<br>| &nbsp;&nbsp; 3000000 | &nbsp;&nbsp; 3155642 |

---

 *January 31, 2026 (unaudited)*

------

*PORTFOLIO OF INVESTMENTS*

*Wilmington Municipal Bond Fund (continued)*

---

| | | |
|:---|:---|:---|
| **Description** | **Par Value** | **Value** |
| **TRANSPORTATION - 0.6%** | **TRANSPORTATION - 0.6%** | **TRANSPORTATION - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Port of Seattle, WA, Revenue Bonds, 5.00%, <br> 04/01/29<br>| &nbsp;&nbsp; $2090000 | &nbsp;&nbsp; $2237181 |
| &nbsp;&nbsp;&nbsp; TOTAL WASHINGTON | &nbsp;&nbsp;&nbsp; TOTAL WASHINGTON | &nbsp;&nbsp; $14642371 |
| **WISCONSIN - 1.3%** | **WISCONSIN - 1.3%** | **WISCONSIN - 1.3%** |
| **GENERAL OBLIGATIONS - 0.6%** | **GENERAL OBLIGATIONS - 0.6%** | **GENERAL OBLIGATIONS - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; State of Wisconsin, WI, GO Unlimited, AD <br> Valorem Property Tax, (Series 2), 5.00%, <br> 05/01/35<br>| &nbsp;&nbsp; 1860000 | &nbsp;&nbsp; 2149989 |
| **MEDICAL - 0.3%** | **MEDICAL - 0.3%** | **MEDICAL - 0.3%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Finance Authority, WI, Revenue Bonds, <br> (The Obligated Group of National Senior <br> Communities, Inc.)<br>|  |  |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/01/32 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 521647 |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 01/01/33 | &nbsp;&nbsp; 500000 | &nbsp;&nbsp; 520345 |
| &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp;&nbsp; TOTAL MEDICAL | &nbsp;&nbsp; $1041992 |
| **POWER - 0.4%** | **POWER - 0.4%** | **POWER - 0.4%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Public Finance Authority, WI, Refunding <br> Revenue Bonds, (Duke Energy Progress <br> Project), (Series P), 3.30%, 10/01/46<br>| &nbsp;&nbsp; 1750000 | &nbsp;&nbsp; 1755232 |
| &nbsp;&nbsp;&nbsp; TOTAL WISCONSIN | &nbsp;&nbsp;&nbsp; TOTAL WISCONSIN | &nbsp;&nbsp; $4947213 |
| **TOTAL MUNICIPAL BONDS** <br>**(Cost $364,805,538)** | **TOTAL MUNICIPAL BONDS** <br>**(Cost $364,805,538)** | &nbsp;&nbsp; **$366049860** |

---

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

---

| | | |
|:---|:---|:---|
| **Description** | **Number of** <br>**Shares**<br>| **Value** |
| **MONEY MARKET FUND - 0.6%** | **MONEY MARKET FUND - 0.6%** | **MONEY MARKET FUND - 0.6%** |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; Dreyfus Government Cash Management Fund, <br> Institutional Shares, 3.58%<sup>^</sup> <br>| &nbsp;&nbsp; 2095388 | &nbsp;&nbsp; $2095388 |
| **TOTAL MONEY MARKET FUND** <br>**(Cost $2,095,388)** | **TOTAL MONEY MARKET FUND** <br>**(Cost $2,095,388)** | &nbsp;&nbsp; **$2095388** |
| **TOTAL INVESTMENTS - 99.1%** <br>**(Cost $366,900,926)** | **TOTAL INVESTMENTS - 99.1%** <br>**(Cost $366,900,926)** | &nbsp;&nbsp; **$368145248** |
| **OTHER ASSETS LESS LIABILITIES – 0.9%** | **OTHER ASSETS LESS LIABILITIES – 0.9%** | &nbsp;&nbsp; **3396779** |
| **TOTAL NET ASSETS – 100.0%** | **TOTAL NET ASSETS – 100.0%** | &nbsp;&nbsp; **$371542027** |

---

Various inputs are used in determining the value of the Fund's investments. These inputs are summarized in the three broad levels listed below.

Level 1 – quoted prices in active markets for identical securities

Level 2 – other significant observable inputs (including quoted prices for similar securities, 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 following is a summary of the inputs used as of January 31, 2026 in valuing the Fund's assets carried at fair value:

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

---

| | | | | |
|:---|:---|:---|:---|:---|
|  | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Investments in Securities** |  |  |  |  |
| Municipal Bonds | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $366049860 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $366049860 |
| Money Market Fund | &nbsp;&nbsp;&nbsp;&nbsp; 2095388 | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp; 2095388 |
| Total | &nbsp;&nbsp;&nbsp;&nbsp; $2095388 | &nbsp;&nbsp;&nbsp;&nbsp; $366049860 | &nbsp;&nbsp;&nbsp;&nbsp; $— | &nbsp;&nbsp;&nbsp;&nbsp; $368145248 |

---

The inputs or techniques used for valuing securities are not necessarily an indication of the risk associated with investing in those securities. Additional information on the Fund's valuation policy is included in the most recent semi-annual or annual financial statements.

------

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

---

| | |
|:---|:---|
| \*\* | Represents less than 0.05%. |
| <sup>^</sup> <br>| 7-Day net yield. |

---

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

---

| | |
|:---|:---|
| The following acronyms are used throughout this Portfolio of Investments: | The following acronyms are used throughout this Portfolio of Investments: |
| AG | Insured by Assured Guaranty Inc. |
| AICUP | Association of Independent Colleges and Universities of Pennsylvania |
| AMBAC | American Municipal Bond Assurance Corporation |
| BAM | Build America Mutual Assurance Company |
| BHAC | Berkshire Hathaway Assurance Corporation |
| CNTY GTD | County Guarantee Program |
| CR | Custodial Receipts |
| ETM | Escrowed to Maturity |
| FGIC | Financial Guaranty Insurance Corporation |
| GO | General Obligation |
| IDA | Industrial Development Authority/Agency |

---

*January 31, 2026 (unaudited)* 

------

*PORTFOLIO OF INVESTMENTS*

*Wilmington Municipal Bond Fund (concluded)*

---

| | |
|:---|:---|
| MORAL OBLG | Moral Obligation Bond |
| NATL | National Public Finance Guarantee Corporation |
| PSF-GTD | Permanent School Fund Guarantee Program |
| SCH BD GTY | School Bond Guaranty |
| TCRS | Tax Credit Reporting Service |

---

*For additional information about significant accounting policies, refer to the Fund's most recent semi-annual or annual financial statements.*

------

 *January 31, 2026 (unaudited)*

------

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Wilmington Funds

- **b. Investment Company Act file number:** 811-05514

- **c. CIK number of Registrant:** 0000830744

- **d. LEI of Registrant:** 549300NMSZ1AKT3BZF47

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

  - **Street Address 1:** 1100 North Market Street

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19890

  - **Telephone number:** 716-842-4487

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

- **a. Name of Series:** Wilmington Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000034846

- **c. LEI of Series:** 5493008OJM31J6BQG603

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

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

- **b. Date as of which information is reported:** 2026-01-30

**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:** $372675175.26

**Total Liabilities:** $1326111.13

**Net Assets:** $371349064.13

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 255.83512000 | **1-Year:** 19434.67152000 | **5-Year:** 100495.90433000 | **10-Year:** 68971.13845000 | **30-Year:** 297.58111000

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

- **3-Month:** 0.00000000 | **1-Year:** 0.00000000 | **5-Year:** 0.00000000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000107164 | 0.20%                | 0.29%                | 0.85%                |
| Class ID C000107165 | 0.22%                | 0.23%                | 0.95%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-33526.00               | $-29422.09                                 |
| Month 2  | $-3553.74                | $203242.69                                 |
| Month 3  | $5069.08                 | $2477297.21                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| MARYLAND ST DEPT OF TRANSPRTN      | State of Maryland Department of Transportation                                   | CUSIP: 57421FAL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $769961.15    | 0.21%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV     | Empire State Development Corp                                                    | CUSIP: 650036AH9<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2040232.26   | 0.55%             | 2038-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV     | Colorado Health Facilities Authority                                             | CUSIP: 19648FKJ2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2437447.69   | 0.66%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST UNIV                       | Ohio State University/The                                                        | CUSIP: 677632N56<br>LEI: JFC10ZULKO4X2E3HBY86 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1996091.80   | 0.54%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE     | Port Authority of New York & New Jersey                                          | CUSIP: 73358WS47<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2598631.25   | 0.70%             | 2031-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST      | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 6461364F5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1828526.67   | 0.49%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL      | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DPE6<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3287658.30   | 0.89%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA     | Pennsylvania Higher Educational Facilities Authority                             | CUSIP: 70917TER8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $354144.81    | 0.10%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST      | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 6461366J5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    500000 | PA      | $545746.10    | 0.15%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DAVIE FL EDUCTNL FACS REVENUE      | Town of Davie FL                                                                 | CUSIP: 23867PBL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $787848.53    | 0.21%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED     | Clifton Higher Education Finance Corp                                            | CUSIP: 187145TX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2805080.00   | 0.76%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A     | City of Los Angeles Department of Airports                                       | CUSIP: 544445XZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $820966.16    | 0.22%             | 2036-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST                       | State of Minnesota                                                               | CUSIP: 60412AWT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2069168.60   | 0.56%             | 2038-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                        | State of Illinois                                                                | CUSIP: 452152Q20<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3120924.90   | 0.84%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST                            | State of Ohio                                                                    | CUSIP: 677523DR0<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1154929.20   | 0.31%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                        | State of Illinois                                                                | CUSIP: 452153NZ8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093984.00   | 0.29%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSONC     | Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | CUSIP: 592041ZV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3314525.40   | 0.89%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F     | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638TGG2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1559080.54   | 0.42%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission                                                 | CUSIP: 709225GC4<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $565976.95    | 0.15%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION      | Central Texas Turnpike System                                                    | CUSIP: 88283KCA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3045000 | PA      | $3542347.16   | 0.95%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAINT JOHN THE BAPTIST PARISH      | Parish of St John the Baptist LA                                                 | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3036923.70   | 0.82%             | 2037-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV     | City & County of Denver CO Airport System Revenue                                | CUSIP: 249182LE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2640531.50   | 0.71%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGL TRANSPRTN AUTH IL             | Regional Transportation Authority                                                | CUSIP: 7599113Y4<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1532467.45   | 0.41%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                           | State of Texas                                                                   | CUSIP: 882724UE5<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   3735000 | PA      | $4025609.52   | 1.08%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUFMAN CNTY TX MUNI UTILITY D     | Kaufman County Municipal Utility District No 3                                   | CUSIP: 48620AEP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1082473.14   | 0.29%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE     | Port Authority of New York & New Jersey                                          | CUSIP: 73358XDU3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1888047.74   | 0.51%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DAVIE FL EDUCTNL FACS REVENUE      | Town of Davie FL                                                                 | CUSIP: 23867PBK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $788400.45    | 0.21%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH     | Maricopa County Industrial Development Authority                                 | CUSIP: 56678PBF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107596.70   | 0.30%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission                                                 | CUSIP: 709225GD2<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $562597.75    | 0.15%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PROSPER TX INDEP SCH DIST          | Prosper Independent School District                                              | CUSIP: 7436002T4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3734688.00   | 1.01%             | 2048-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF ILLINOIS IL REVENUES       | Board of Trustees of the University of Illinois/The                              | CUSIP: 914353N78<br>LEI: 549300VD8PPC4Q5HK850 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3003199.50   | 0.81%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                     | State of Connecticut                                                             | CUSIP: 20772KLZ0<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2892229.74   | 0.78%             | 2035-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SAGINAW MI CITY SCH DIST           | Saginaw City School District                                                     | CUSIP: 786743PW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048271.40   | 0.28%             | 2035-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MET GOVT NASHVILLE & DAVIDSON      | Metropolitan Government of Nashville & Davidson County TN                        | CUSIP: 592112VX1<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1575691.66   | 0.42%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROYAL TX INDEP SCH DIST            | Royal Independent School District                                                | CUSIP: 780699TF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1389096.00   | 0.37%             | 2048-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL      | Black Belt Energy Gas District                                                   | CUSIP: 09182TEC7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2155160.80   | 0.58%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION      | Central Texas Turnpike System                                                    | CUSIP: 88283KCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3407196.00   | 0.92%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALABAMA ST HIGHWAY AUTH SPL OB     | Alabama Highway Authority                                                        | CUSIP: 010559AQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1141267.70   | 0.31%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI     | Dallas Fort Worth International Airport                                          | CUSIP: 23503CCY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1121407.30   | 0.30%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MUNI PWR AGY     | North Carolina Municipal Power Agency No 1                                       | CUSIP: 6582035L4<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4623768.38   | 1.25%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA     | Main Street Natural Gas Inc                                                      | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3186108.90   | 0.86%             | 2053-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKELAND FL HOSP SYS REVENUE       | City of Lakeland FL                                                              | CUSIP: 511665KN0<br>LEI: XRPK4ZALF4437WO3JQ94 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2156536.80   | 0.58%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA HOSPS & HGR ED     | Hospitals & Higher Education Facilities Authority of Philadelphia/The            | CUSIP: 717825PY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2787292.50   | 0.75%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY OH HOSP REVENU     | County of Montgomery OH                                                          | CUSIP: 613520LW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3035000 | PA      | $3199747.08   | 0.86%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA     | Main Street Natural Gas Inc                                                      | CUSIP: 56035DKH4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3225757.80   | 0.87%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN      | New York City Municipal Water Finance Authority                                  | CUSIP: 64972GTB0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2027320.06   | 0.55%             | 2036-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LA PAZ CNTY AZ INDL DEV AUTH E     | La Paz County Industrial Development Authority                                   | CUSIP: 50376FAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $813911.04    | 0.22%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILL CNTY IL CMNTY HIGH SCH DI     | Will County Community High School District No 210 Lincoln-Way                    | CUSIP: 969073NT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2277919.40   | 0.61%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                           | State of Texas                                                                   | CUSIP: 882724RT6<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2250700.13   | 0.61%             | 2029-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH     | Kentucky Public Energy Authority                                                 | CUSIP: 74440DEL4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059758.60   | 0.29%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRL TX REGL MOBILITY AUTH R     | Central Texas Regional Mobility Authority                                        | CUSIP: 155498GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1532879.25   | 0.41%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA HGR EDU ASSISTANC     | Pennsylvania Higher Education Assistance Agency                                  | CUSIP: 70878CBH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $403575.66    | 0.11%             | 2045-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| KAUFMAN CNTY TX MUNI UTILITY D     | Kaufman County Municipal Utility District No 3                                   | CUSIP: 48620AEN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1042092.69   | 0.28%             | 2038-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT     | New Jersey Educational Facilities Authority                                      | CUSIP: 646067KE7<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2353239.20   | 0.63%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission                                                 | CUSIP: 709225GB6<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $569881.60    | 0.15%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HGR EDU ASSISTAN     | New Jersey Higher Education Student Assistance Authority                         | CUSIP: 646080XK2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    860000 | PA      | $836483.73    | 0.23%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV HIGHWAY IMPT REV     | County of Clark NV                                                               | CUSIP: 181000UH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021379.80   | 0.28%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO     | Arizona Industrial Development Authority                                         | CUSIP: 04052FAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018694.60   | 0.27%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL      | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20774Y2T3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1430365.68   | 0.39%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA ARPT REVENUE       | City of Philadelphia PA Airport Revenue                                          | CUSIP: 717817UC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1545681.00   | 0.42%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE         | Public Finance Authority                                                         | CUSIP: 74442PXA8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $520345.15    | 0.14%             | 2033-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST TRANSPRTN DEV CORP     | New York Transportation Development Corp                                         | CUSIP: 650116FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3307653.30   | 0.89%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                         | City of Chicago IL                                                               | CUSIP: 167486S91<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1996037.20   | 0.54%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $388209.86    | 0.10%             | 2036-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTHORITY A C     | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1619590.95   | 0.44%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DAVIE FL EDUCTNL FACS REVENUE      | Town of Davie FL                                                                 | CUSIP: 23867PBH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $787259.25    | 0.21%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL PARK DIST               | Chicago Park District                                                            | CUSIP: 167615A45<br>LEI: 549300DNSTZGBZLIU409 | Long             | DBT              | MUN               | US        |   2115000 | PA      | $2141753.48   | 0.58%             | 2037-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO     | Arizona Industrial Development Authority                                         | CUSIP: 04052FAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057181.60   | 0.28%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                        | City of New York NY                                                              | CUSIP: 64966QF54<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1780921.28   | 0.48%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GTR ORLANDO FL AVIATION AUTH A     | Greater Orlando Aviation Authority                                               | CUSIP: 392274Y83<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015804.40   | 0.27%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX                          | City of Dallas TX                                                                | CUSIP: 235219VG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1386148.25   | 0.37%             | 2040-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST HLTH CARE FACS A     | Washington Health Care Facilities Authority                                      | CUSIP: 93978HUN3<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1793300.43   | 0.48%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZOS TX HGR EDU AUTH STUDENT     | Brazos Higher Education Authority Inc                                            | CUSIP: 10623ACL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1477548.57   | 0.40%             | 2043-04-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL      | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DKF8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    600000 | PA      | $623445.36    | 0.17%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST EDUCTNL FING      | Massachusetts Educational Financing Authority                                    | CUSIP: 57563RTT6<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1962886.50   | 0.53%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLIFTON TX HGR EDU FIN CORP ED     | Clifton Higher Education Finance Corp                                            | CUSIP: 187145HS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1062407.90   | 0.29%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MEMPHIS-SHELBY CNTY TN ARPT AU     | Memphis-Shelby County Airport Authority                                          | CUSIP: 586111MW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1035000 | PA      | $1070654.40   | 0.29%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGL TRANSPRTN AUTH IL             | Regional Transportation Authority                                                | CUSIP: 759911L57<br>LEI: 549300FOIPI62F5YFO59 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1630249.79   | 0.44%             | 2031-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI REVENUE         | Public Finance Authority                                                         | CUSIP: 74442PWZ4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $521646.40    | 0.14%             | 2032-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                        | State of Illinois                                                                | CUSIP: 452153KY4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    450000 | PA      | $494388.45    | 0.13%             | 2039-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST GULF COAST UNIV FIN     | Florida Gulf Coast University Financing Corp                                     | CUSIP: 34073XHD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.13%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAS VEGAS VLY NV WTR DIST          | Las Vegas Valley Water District                                                  | CUSIP: 517845PR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3138805.20   | 0.85%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX                          | City of Dallas TX                                                                | CUSIP: 235219VH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101470.00   | 0.30%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP      | Arlington Higher Education Finance Corp                                          | CUSIP: 041807FB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $549823.40    | 0.15%             | 2040-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A     | South Carolina Public Service Authority                                          | CUSIP: 8371515D7<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1550356.06   | 0.42%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST SALES TAX REVENUE      | State of Illinois Sales Tax Revenue                                              | CUSIP: 452227US8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3240618.90   | 0.87%             | 2041-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI PUBLIC SCHS           | Kalamazoo Public Schools                                                         | CUSIP: 483270HQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018489.40   | 0.27%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GAINESVILLE & HALL CNTY GA HOS     | Gainesville & Hall County Hospital Authority                                     | CUSIP: 362762RA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $4420929.05   | 1.19%             | 2034-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST AL      | Black Belt Energy Gas District                                                   | CUSIP: 09182TGC5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3755868.90   | 1.01%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH     | Kentucky Public Energy Authority                                                 | CUSIP: 74440DDS0<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3025404.30   | 0.81%             | 2052-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Dreyfus Government Cash Management | Dreyfus Government Cash Management                                               | CUSIP: 262006208<br>LEI: 5493000Q69I5Q3QZIA91 | Long             | STIV             | RF                | US        |   2330758 | NS      | $2330757.89   | 0.63%             |  |  |  | No            |                  1 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $513165.21    | 0.14%             | 2033-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY WA SCH DIST #114 EV     | Clark County School District No 114 Evergreen                                    | CUSIP: 181234R98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3155642.40   | 0.85%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL      | New York City Transitional Finance Authority Future Tax Secured Revenue          | CUSIP: 64971XXR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2560363.50   | 0.69%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CENTRL PUGET SOUND WA REGL TRA     | Central Puget Sound Regional Transit Authority                                   | CUSIP: 155048BB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3990000 | PA      | $4016737.39   | 1.08%             | 2028-02-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA     | Chicago O'Hare International Airport                                             | CUSIP: 167591BV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2322104.60   | 0.63%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GERALD R FORD INTERNATIONAL AR     | Gerald R Ford International Airport Authority                                    | CUSIP: 373695CA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $541684.05    | 0.15%             | 2041-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TX HGR EDU FIN CORP      | Arlington Higher Education Finance Corp                                          | CUSIP: 041807FA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $553751.90    | 0.15%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR & SWR AUTH       | Pittsburgh Water & Sewer Authority                                               | CUSIP: 725304VE6<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |    340000 | PA      | $395556.75    | 0.11%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KALAMAZOO MI PUBLIC SCHS           | Kalamazoo Public Schools                                                         | CUSIP: 483270HP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1359336.74   | 0.37%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST TURNPIKE AUT     | North Carolina Turnpike Authority                                                | CUSIP: 65830RCA5<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1330359.50   | 0.36%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL      | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DKE1<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    500000 | PA      | $516511.40    | 0.14%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST HGR EDUCTNL FACS FI     | Florida Higher Educational Facilities Financing Authority                        | CUSIP: 34073TJQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1622248.96   | 0.44%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA     | Main Street Natural Gas Inc                                                      | CUSIP: 56035DDH2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3047999.70   | 0.82%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH     | Maricopa County Industrial Development Authority                                 | CUSIP: 56678PBG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $798445.91    | 0.22%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                       | State of Wisconsin                                                               | CUSIP: 97705MB79<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $2149988.88   | 0.58%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GEORGIA          | Municipal Electric Authority of Georgia                                          | CUSIP: 6262074U5<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2214433.60   | 0.60%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CANADIAN CNTY OK EDUCTNL FACS      | Canadian County Educational Facilities Authority                                 | CUSIP: 135521DE9<br>LEI: 549300HPRFS0Z66VHS30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3489095.70   | 0.94%             | 2034-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                        | State of Illinois                                                                | CUSIP: 4521522M2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2123054.80   | 0.57%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLEVELAND-CUYAHOGA CNTY OH POR     | Cleveland-Cuyahoga County Port Authority                                         | CUSIP: 18610RBB9<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4024350.40   | 1.08%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CNTY FL AVIATION      | Hillsborough County Aviation Authority                                           | CUSIP: 432308V50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2276991.20   | 0.61%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CNTY UT HOSP REVENUE     | County of Salt Lake UT                                                           | CUSIP: 795677AG8<br>LEI: 5493006VYRFL1AI6GT29 | Long             | DBT              | MUN               | US        |   5145000 | PA      | $5232052.37   | 1.41%             | 2033-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST LOCAL GOVT COPS         | Georgia Local Government                                                         | CUSIP: 373271AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4359000 | PA      | $4488628.81   | 1.21%             | 2028-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R     | Massachusetts Development Finance Agency                                         | CUSIP: 57584XMP3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008883.90   | 0.27%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HGR EDUCTNL FAC COMMIS     | Ohio Higher Educational Facility Commission                                      | CUSIP: 67756DYF7<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082269.00   | 0.29%             | 2034-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103185.57    | 0.03%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $102854.06    | 0.03%             | 2035-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV     | Colorado Health Facilities Authority                                             | CUSIP: 19648FVL5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3180971.40   | 0.86%             | 2062-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST DEPT OF ADMIN SVCS L     | Oregon State Lottery                                                             | CUSIP: 68607V4C6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1118101.30   | 0.30%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY AZ INDL DEV AUTH     | Maricopa County Industrial Development Authority                                 | CUSIP: 56678PBH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $547339.90    | 0.15%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST PRIV ACTIVITY BOND SU     | Texas Private Activity Bond Surface Transportation Corp                          | CUSIP: 882667AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3517472.00   | 0.95%             | 2037-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL                         | City of Chicago IL                                                               | CUSIP: 167486L80<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3175208.40   | 0.86%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S E ALABAMA ST GAS SPLY DIST G     | Southeast Alabama Gas Supply District/The                                        | CUSIP: 84131TBA9<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3218269.50   | 0.87%             | 2054-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| JEA FL ELEC SYS REVENUE            | JEA Electric System Revenue                                                      | CUSIP: 46613SRA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2487186.84   | 0.67%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL      | Connecticut State Health & Educational Facilities Authority                      | CUSIP: 20775DKD3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    785000 | PA      | $804444.37    | 0.22%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GARDEN ST PRESERVATION TRUST N     | Garden State Preservation Trust                                                  | CUSIP: 365418BX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2018777.84   | 0.54%             | 2028-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI     | Dallas Fort Worth International Airport                                          | CUSIP: 2350365L0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038490.40   | 0.28%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TX INTERNATI     | Dallas Fort Worth International Airport                                          | CUSIP: 23503CFW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1481807.66   | 0.40%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIEDMONT SC MUNI PWR AGY ELEC      | Piedmont Municipal Power Agency                                                  | CUSIP: 720175ZJ0<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   2155000 | PA      | $2216586.67   | 0.60%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A     | City of Los Angeles Department of Airports                                       | CUSIP: 544445YA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509677.95    | 0.14%             | 2037-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH AL COOPE     | Southeast Energy Authority A Cooperative District                                | CUSIP: 84136JAL3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3297248.10   | 0.89%             | 2055-11-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUNI PWR-OHIO INC OH      | American Municipal Power Inc                                                     | CUSIP: 02765UQM9<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3272846.10   | 0.88%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST EDUCTNL & CULTURAL     | Colorado Educational & Cultural Facilities Authority                             | CUSIP: 1964584T7<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2264687.40   | 0.61%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO BRD OF W     | Board of Water Commissioners City & County of Denver/The                         | CUSIP: 24916PHU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1856114.93   | 0.50%             | 2033-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA ST INDL DEV AUTH NATIO     | Arizona Industrial Development Authority                                         | CUSIP: 04052FAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $909431.24    | 0.24%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH AR     | Allegheny County Airport Authority                                               | CUSIP: 01728LES7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1564920.90   | 0.42%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104593.84    | 0.03%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT     | New Jersey Educational Facilities Authority                                      | CUSIP: 646066L24<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030292.40   | 0.28%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CNTY UT HOSP REVENUE     | County of Salt Lake UT                                                           | CUSIP: 795677AF0<br>LEI: 5493006VYRFL1AI6GT29 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2898206.61   | 0.78%             | 2028-02-15      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| LOUISIANA PUB FACS AUTH REVENU     | Louisiana Public Facilities Authority                                            | CUSIP: 546399JS6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1830000 | PA      | $1835713.26   | 0.49%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LACKAWANNA CNTY PA INDL DEV AU     | Lackawanna County Industrial Development Authority                               | CUSIP: 505493AQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1037161.50   | 0.28%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL O'HARE INTERNATIONA     | Chicago O'Hare International Airport                                             | CUSIP: 167593F23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3046714.50   | 0.82%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF AKRON OH                   | University of Akron/The                                                          | CUSIP: 914023NG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1617766.01   | 0.44%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR & SWR AUTH       | Pittsburgh Water & Sewer Authority                                               | CUSIP: 725304YP8<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1405069.75   | 0.38%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $367527.93    | 0.10%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALLEGHENY CNTY PA ARPT AUTH AR     | Allegheny County Airport Authority                                               | CUSIP: 01728LFD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1513259.70   | 0.41%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO     | New York State Dormitory Authority                                               | CUSIP: 64990FP99<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018897.40   | 0.54%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                        | State of Illinois                                                                | CUSIP: 4521522R1<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052425.90   | 0.28%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE     | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576HC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3136887.30   | 0.84%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $549902.43    | 0.15%             | 2028-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST PORTS AUTH              | Georgia Ports Authority                                                          | CUSIP: 373586GK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040180.00   | 0.28%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP FAC REVENUE           | State of Ohio                                                                    | CUSIP: 677561KL5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1273027.13   | 0.34%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC WTR & SWR SYS REV     | City of Charlotte NC Water & Sewer System Revenue                                | CUSIP: 161045QN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107901.10   | 0.30%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT OF TRANSPRTN      | State of Maryland Department of Transportation                                   | CUSIP: 57421FAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $720521.43    | 0.19%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PITTSBURGH PA WTR & SWR AUTH       | Pittsburgh Water & Sewer Authority                                               | CUSIP: 725304YQ6<br>LEI: 54930034DVH6W22T1E86 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115116.50   | 0.30%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC CONVENTION & SPO     | Washington Convention & Sports Authority                                         | CUSIP: 93878LCE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $552888.10    | 0.15%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                        | City of New York NY                                                              | CUSIP: 64966QXQ8<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1544415.75   | 0.42%             | 2037-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TX CULTURAL EDU F     | Tarrant County Cultural Education Facilities Finance Corp                        | CUSIP: 87638TJX2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1728387.75   | 0.47%             | 2051-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103706.34    | 0.03%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA HGR EDU & H     | Montgomery County Higher Education and Health Authority                          | CUSIP: 613603J59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1191013.79   | 0.32%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC MET AREA TRANSIT     | Washington Metropolitan Area Transit Authority                                   | CUSIP: 938782FK0<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1553726.85   | 0.42%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE     | City of Salt Lake City UT Airport Revenue                                        | CUSIP: 795576HD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2609114.50   | 0.70%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX HOTEL OCCUPANCY TAX      | City of Dallas TX Hotel Occupancy Tax Revenue                                    | CUSIP: 235286AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004401.10   | 0.27%             | 2032-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CMWLTH FING AUTH PA TOBACCO MA     | Commonwealth Financing Authority                                                 | CUSIP: 20282EAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046736.50   | 0.28%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARTER CNTY TN                     | County of Carter TN                                                              | CUSIP: 146213PY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2626906.25   | 0.71%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NV SCH DIST             | Clark County School District                                                     | CUSIP: 1810594F0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3377280.00   | 0.91%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCHESTER MN HLTH CARE FACS RE     | City of Rochester MN                                                             | CUSIP: 771902HJ5<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3098338.50   | 0.83%             | 2039-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TURNPIKE COMMI     | Pennsylvania Turnpike Commission                                                 | CUSIP: 709224A74<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2085937.40   | 0.56%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIEDMONT SC MUNI PWR AGY ELEC      | Piedmont Municipal Power Agency                                                  | CUSIP: 720175A32<br>LEI: 549300C7VOBGIG4OD375 | Long             | DBT              | MUN               | US        |   2830000 | PA      | $2908292.23   | 0.78%             | 2034-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GRAND RIVER OK DAM AUTH REVENU     | Grand River Dam Authority                                                        | CUSIP: 386442ZY6<br>LEI: 549300XGK5KWQHON4Q79 | Long             | DBT              | MUN               | US        |    600000 | PA      | $660818.40    | 0.18%             | 2041-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WI POLL CONTRO     | Public Finance Authority                                                         | CUSIP: 74447HAB4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1755232.15   | 0.47%             | 2046-10-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| MET TRANSPRTN AUTH NY REVENUE      | Metropolitan Transportation Authority                                            | CUSIP: 59261AZ67<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2752952.00   | 0.74%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT OF TRANSPRTN      | State of Maryland Department of Transportation                                   | CUSIP: 57421FAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $562789.12    | 0.15%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST GAS & FUELS TAX R     | State of Louisiana Gasoline & Fuels Tax Revenue                                  | CUSIP: 546475WZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2550487.25   | 0.69%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTFIELD-WASHINGTON IN MULTI-     | Westfield-Washington Multi-School Building Corp                                  | CUSIP: 96023PNS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123392.20   | 0.30%             | 2031-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC CONVENTION & SPO     | Washington Convention & Sports Authority                                         | CUSIP: 93878LCC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $683943.04    | 0.18%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STREET NATURAL GAS INC GA     | Main Street Natural Gas Inc                                                      | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1059219.10   | 0.29%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST PUBLIC SVC A     | South Carolina Public Service Authority                                          | CUSIP: 8371516C8<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1128737.80   | 0.30%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH REVENUES     | New York State Dormitory Authority                                               | CUSIP: 64985SBG7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2835776.25   | 0.76%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100197.14    | 0.03%             | 2026-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MEMPHIS-SHELBY CNTY TN ARPT AU     | Memphis-Shelby County Airport Authority                                          | CUSIP: 586111PC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1203717.35   | 0.32%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GEORGIA ST PORTS AUTH              | Georgia Ports Authority                                                          | CUSIP: 373586GM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1030412.20   | 0.28%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PORT AUTH OF NEW YORK & NEW JE     | Port Authority of New York & New Jersey                                          | CUSIP: 73358WS21<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023658.00   | 0.28%             | 2030-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST      | New Jersey Transportation Trust Fund Authority                                   | CUSIP: 64613CEK0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2320490.00   | 0.62%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL ARPT REVENUE           | County of Lee FL Airport Revenue                                                 | CUSIP: 523470HK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1131225.10   | 0.30%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HSG & FIN ASSN NONPRO     | Idaho Housing & Finance Association                                              | CUSIP: 45129GLF0<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3097837.80   | 0.83%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY PA INDL DEV AU     | Montgomery County Industrial Development Authority/PA                            | CUSIP: 613609M60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050833.70   | 0.28%             | 2038-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PUBLIC ENERGY AUTH     | Kentucky Public Energy Authority                                                 | CUSIP: 74440DCM4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4063268.80   | 1.09%             | 2050-02-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $104317.43    | 0.03%             | 2032-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA     | Pennsylvania Higher Educational Facilities Authority                             | CUSIP: 70917TET4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1138281.32   | 0.31%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAYS TX CONSOL INDEP SCH DIST      | Hays Consolidated Independent School District                                    | CUSIP: 4211106W2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034814.40   | 0.28%             | 2037-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST BRD OF EDU PUBLIC E     | State of Florida                                                                 | CUSIP: 34153QSH0<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2045370.24   | 0.55%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX HOTEL OCCUPANCY TAX      | City of Dallas TX Hotel Occupancy Tax Revenue                                    | CUSIP: 235286AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004834.80   | 0.27%             | 2031-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KAUFMAN CNTY TX MUNI UTILITY D     | Kaufman County Municipal Utility District No 3                                   | CUSIP: 48620AEQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1121398.81   | 0.30%             | 2040-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE VLY PA REGL FIN AUTH      | Delaware Valley Regional Finance Authority                                       | CUSIP: 246579LV6<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3203574.60   | 0.86%             | 2035-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CNTY OK FIN AUTH EDUC     | Oklahoma County Finance Authority                                                | CUSIP: 67868UJP9<br>LEI: 549300KPR05JUN0F1289 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114352.10   | 0.30%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DAVIE FL EDUCTNL FACS REVENUE      | Town of Davie FL                                                                 | CUSIP: 23867PBN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $785129.63    | 0.21%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DETROIT MI SWR DISP SYS REVENU     | City of Detroit MI Sewage Disposal System Revenue                                | CUSIP: 2512373S0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $110564.96    | 0.03%             | 2029-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA     | Pennsylvania Higher Educational Facilities Authority                             | CUSIP: 70917TES6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $613709.28    | 0.17%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOMPKINS CNTY NY DEV CORP REVE     | Tompkins County Development Corp                                                 | CUSIP: 890096DM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $1042862.24   | 0.28%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON DC CONVENTION & SPO     | Washington Convention & Sports Authority                                         | CUSIP: 93878LCD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $972703.81    | 0.26%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEE CNTY FL ARPT REVENUE           | County of Lee FL Airport Revenue                                                 | CUSIP: 523470HL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2243213.80   | 0.60%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY TX HOSP DIST           | Martin County Hospital District                                                  | CUSIP: 57325VAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101409.53    | 0.03%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MESA AZ UTILITY SYS REVENUE        | City of Mesa AZ Utility System Revenue                                           | CUSIP: 590545Y94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3560749.80   | 0.96%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT OF TRANSPRTN      | State of Maryland Department of Transportation                                   | CUSIP: 57421FAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $537863.70    | 0.14%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE     | South Carolina Jobs-Economic Development Authority                               | CUSIP: 837032BM2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $2032480.45   | 0.55%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GTR NEW ORLEANS LA EXPRESSWAY      | Greater New Orleans Expressway Commission                                        | CUSIP: 39225PBJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1186820.67   | 0.32%             | 2038-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT OF SEATTLE WA REVENUE         | Port of Seattle WA                                                               | CUSIP: 735389G77<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2090000 | PA      | $2237180.52   | 0.60%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUNI ELEC AUTH OF GA               | Municipal Electric Authority of Georgia                                          | CUSIP: 62620HJX1<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1343721.75   | 0.36%             | 2044-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ENERGY N W WA ELEC REVENUE         | Energy Northwest                                                                 | CUSIP: 29270C4R3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3439510.50   | 0.93%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-27

**Name of Applicant:** Wilmington Funds

**Signature:** John C. McDonnell

**Name of Signer:** John C. McDonnell

**Title:** Chief Operations Officer