# EDGAR Filing Document

**Accession Number:** 0001496608
**File Stem:** 0001410368-26-040382
**Filing Date:** 2026-4
**Character Count:** 274793
**Document Hash:** 3e39d1b656377ca12df30e8033c8d536
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-040382.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0001410368-26-040382

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20261130

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB Active ETFs, Inc.
- **CENTRAL INDEX KEY:** 0001496608

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0531

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23799
- **FILM NUMBER:** 26895219

**BUSINESS ADDRESS:**
- **STREET 1:** C/O ALLIANCEBERNSTEIN L.P.
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001
- **BUSINESS PHONE:** 212-969-1000

**MAIL ADDRESS:**
- **STREET 1:** C/O ALLIANCEBERNSTEIN L.P.
- **STREET 2:** 66 HUDSON BOULEVARD EAST, 26TH FLOOR
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10001

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** AllianceBernstein Active ETFs, Inc.
- **DATE OF NAME CHANGE:** 20100714

## Series and Classes Contracts Data

### AB California Intermediate Municipal ETF (Series ID: S000093944)

| Class ID   | Class Name                               | Ticker Symbol   |
|:---|:---|:---|
| C000262410 | AB California Intermediate Municipal ETF | CAM             |

## Nport-Ex

**AB Active ETFs, Inc.** 

**AB California Intermediate Municipal ETF** 

**Portfolio of Investments** 

**February 28, 2026 (unaudited)** 

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  **MUNICIPAL OBLIGATIONS – 99.9%** |  |  |
|  **Long-Term Municipal Bonds – 94.4%** |  |  |
|  **California – 88.3%** |  |  |
|  Anaheim Public Financing Authority<br> (City of Anaheim CA Lease)<br>AG Series 1997<br>Zero Coupon, 09/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3061808 |
|  Bay Area Toll Authority<br> (Bay Area Toll Authority)<br>Series 2021<br>2.18% (MUNIPSA + 0.30%), 04/01/2056<sup>(a)</sup> | 5000 | 4964191 |
| &nbsp;&nbsp;&nbsp;&nbsp; 2.29% (MUNIPSA + 0.41%), 04/01/2056<sup>(a)</sup> | 13415 | 13230474 |
|  Burbank-Glendale-Pasadena Airport Authority Brick Campaign<br> (Burbank-Glendale-Pasadena Airport Authority Brick Campaign)<br>Series 2024-B<br>5.25%, 07/01/2042 | 950 | 1060958 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2044 | 8865 | 9693981 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2024-B<br>4.00%, 07/01/2039 | 4500 | 4623904 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 07/01/2041 | 3000 | 3067505 |
|  California Community Choice Financing Authority<br> (American General Life Insurance)<br>Series 2023-D<br>5.50%, 05/01/2054 | 5000 | 5326831 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024C<br>5.00%, 08/01/2055 | 7600 | 8222141 |
|  California Community Choice Financing Authority<br> (Athene Annuity & Life Co.)<br>Series 2024B<br>5.00%, 01/01/2055 | 10000 | 10567118 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024G<br>5.00%, 11/01/2055 | 10000 | 10540026 |
|  California Community Choice Financing Authority<br> (Bank of Nova Scotia (The))<br>Series 2025E<br>5.00%, 10/01/2056 | 5800 | 6495654 |
|  California Community Choice Financing Authority<br> (Canadian Imperial Bank of Commerce)<br>Series 2025F<br>5.00%, 11/01/2033 | 1250 | 1383307 |
|  California Community Choice Financing Authority<br> (Deutsche Bank AG)<br>Series 2023<br>5.25%, 01/01/2054 | 10000 | 10746832 |
|  California Community Choice Financing Authority<br> (Goldman Sachs Group)<br>Series 2021<br>4.00%, 10/01/2052 | 7015 | 7149894 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 12/01/2053 | 9590 | 10203552 |
|  California Community Choice Financing Authority<br> (Morgan Stanley)<br>Series 2021-B<br>4.00%, 02/01/2052 | 4435 | 4607359 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>4.088% (SOFR + 1.63%), 07/01/2053<sup>(a)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5041955 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.128% (SOFR + 1.67%), 02/01/2054<sup>(a)</sup> | 5000 | 5075303 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2054 | 16770 | 18136732 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-A<br>3.908% (SOFR + 1.45%), 04/01/2056<sup>(a)</sup> | 1500 | 1499957 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2056 | 1000 | 1109615 |
|  California Community Choice Financing Authority<br> (New York Life Insurance)<br>Series 2024H<br>5.00%, 01/01/2056 | 14250 | 15896528 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025G<br>5.00%, 12/01/2035 | 2000 | 2252329 |
|  California Community Choice Financing Authority<br> (Nomura Holdings, Inc.)<br>Series 2026<br>5.00%, 03/01/2036 | 2000 | 2179497 |
|  California Community Choice Financing Authority<br> (Pacific Life Insurance)<br>Series 2024-F<br>5.00%, 02/01/2055 | 6045 | 6635796 |
|  California Community Choice Financing Authority<br> (Royal Bank of Canada)<br>Series 2024D<br>5.00%, 02/01/2055 | 10000 | 11063685 |
|  California Community Housing Agency<br> (California Community Housing Agency Brio Apartments & Next on Lex Apartments)<br>Series 2021-A<br>4.00%, 08/01/2047<sup>(b)</sup> | 4450 | 3588645 |
|  California Community Housing Agency<br> (California Community Housing Agency Fountains at Emerald Park)<br>Series 2021<br>4.00%, 08/01/2046<sup>(b)</sup> | 1330 | 1165232 |
|  California Community Housing Agency<br> (California Community Housing Agency Summit at Sausalito Apartments)<br>Series 2021<br>4.00%, 02/01/2050<sup>(b)</sup> | 3390 | 2558215 |
|  California County Tobacco Securitization Agency<br> (Los Angeles County Securitization)<br>Series 2020-A<br>4.00%, 06/01/2037 | 510 | 508404 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2038 | 1000 | 986940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2027 | 800 | 822265 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2028 | 700 | 734503 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2030 | 500 | 537702 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2031 | 400 | 428192 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2032 | 300 | 319053 |
|  California Earthquake Authority<br> (California Earthquake Authority)<br>Series 2022-A<br>5.603%, 07/01/2027 | 1520 | 1538500 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California Enterprise Development Authority<br> (Real Journey Academies Obligated Group)<br>Series 2024-A<br>5.00%, 06/01/2044<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2038097 |
|  California Enterprise Development Authority<br> (Rocketship Education Obligated Group)<br>Series 2022<br>4.00%, 06/01/2027<sup>(b)</sup> | 615 | 615571 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2031<sup>(b)</sup> | 2000 | 2015440 |
|  California Health Facilities Financing Authority<br> (Adventist Health System/West Obligated Group)<br>Series 2024<br>5.00%, 12/01/2034 | 1265 | 1448940 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2036 | 1000 | 1128002 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 12/01/2032 | 5500 | 6201153 |
|  California Health Facilities Financing Authority<br> (Cedars-Sinai Medical Center)<br>Series 2015<br>5.00%, 11/15/2027 | 6500 | 6516767 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2028 | 6000 | 6032235 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/15/2029 | 7000 | 7037680 |
|  California Health Facilities Financing Authority<br> (Children's Hospital Los Angeles)<br>Series 2017-A<br>5.00%, 08/15/2032 | 1215 | 1246767 |
|  California Health Facilities Financing Authority<br> (CommonSpirit Health Obligated Group)<br>Series 2020-A<br>5.00%, 04/01/2034 | 750 | 820801 |
|  California Health Facilities Financing Authority<br> (Sutter Health)<br>Series 2018-A<br>5.00%, 11/15/2029 | 1280 | 1344084 |
|  California Housing Finance Agency<br> (CAHFA 2019-2)<br>Series 2019-2, Class A<br>4.00%, 03/20/2033 | 9815 | 10219143 |
|  California Housing Finance Agency<br> (CAHFA 2021-1)<br>Series 2021-1, Class A<br>3.50%, 11/20/2035 | 9228 | 9440801 |
|  California Housing Finance Agency<br> (CAHFA 2021-2)<br>Series 2021-2, Class A<br>3.75%, 03/25/2035 | 7510 | 7848689 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-2, Class X<br>0.825%, 03/25/2035<sup>(c)</sup> | 3755 | 142758 |
|  California Housing Finance Agency<br> (CAHFA 2021-3)<br>Series 2021-3, Class A<br>3.25%, 08/20/2036 | 1863 | 1857846 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-3, Class X<br>0.793%, 08/20/2036<sup>(c)</sup> | 3167 | 137214 |
|  California Infrastructure & Economic Development Bank<br> (Adventist Health System/West Obligated Group)<br>Series 2024<br>5.00%, 07/01/2042 | 2355 | 2505449 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2044 | 2000 | 2077865 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California Infrastructure & Economic Development Bank<br> (California Academy of Sciences)<br>Series 2024<br>3.25%, 08/01/2029 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5750 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5891394 |
|  California Infrastructure & Economic Development Bank<br> (Desertxpress Enterprises)<br>Series 2025<br>3.50%, 01/01/2065<sup>(b)</sup> | 16200 | 16205453 |
|  California Infrastructure & Economic Development Bank<br> (Museum Associates)<br>Series 2021<br>2.58% (MUNIPSA + 0.70%), 12/01/2050<sup>(a)</sup> | 4000 | 3994878 |
|  California Municipal Finance Authority<br> (Ascent 613)<br>Series 2025-A<br>5.25%, 01/01/2045<sup>(b)</sup> | 2500 | 2559376 |
|  California Municipal Finance Authority<br> (California Baptist University)<br>Series 2016-A<br>5.00%, 11/01/2036<sup>(b)</sup> | 1000 | 1004045 |
|  California Municipal Finance Authority<br> (California Municipal Finance Authority Municipal Certificates Series 2026-1)<br>Series 2026<br>1.00%, 12/20/2043<sup>(b) (d)</sup> | 1000 | 1032219 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-1<br>4.05%, 07/20/2041<sup>(d)</sup> | 2000 | 2022335 |
|  California Municipal Finance Authority<br> (California Municipal Finance Authority)<br>Series 2025-2, Class A1<br>3.537%, 02/20/2041 | 3571 | 3456836 |
|  California Municipal Finance Authority<br> (CMFA 2025-2)<br>Series 2025-2, Class A1<br>4.326%, 11/20/2040 | 2867 | 2911325 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-2, Class A2<br>4.326%, 11/20/2040 | 2294 | 2231170 |
|  California Municipal Finance Authority<br> (EL Camino PA LP)<br>Series 2026<br>2.50%, 03/01/2046 | 2000 | 2000441 |
|  California Municipal Finance Authority<br> (Emerson College)<br>Series 2017-B<br>5.00%, 01/01/2030 | 1000 | 1033545 |
|  California Municipal Finance Authority<br> (LAX Integrated Express Solutions)<br>Series 2018<br>5.00%, 12/31/2026 | 2200 | 2233545 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2028 | 1000 | 1045589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/30/2029 | 1050 | 1097784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2029 | 2150 | 2247552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2031 | 1930 | 2013570 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2033 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1559846 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/31/2043 | 2000 | 2033118 |
|  California Municipal Finance Authority<br> (PRS-California Obligated Group)<br>Series 2024<br>5.00%, 04/01/2034 | 410 | 463355 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2035 | 720 | 809705 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2038 | 500 | 552586 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2044 | 1415 | 1499923 |
|  California Municipal Finance Authority<br> (United Airlines, Inc.)<br>Series 2019<br>4.00%, 07/15/2029 | 9900 | 10092884 |
|  California Pollution Control Financing Authority<br> (Channelside Water Resources)<br>Series 2012<br>5.00%, 07/01/2027<sup>(b)</sup> | 1580 | 1588904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 11/21/2045<sup>(b)</sup> | 1000 | 1020416 |
|  California Pollution Control Financing Authority<br> (San Diego County Water Authority Desalination Project Pipeline)<br>Series 2019<br>5.00%, 07/01/2029<sup>(b)</sup> | 2900 | 3012486 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039<sup>(b)</sup> | 2465 | 2555202 |
|  California Public Finance Authority<br> (California University of Science & Medicine Obligated Group)<br>Series 2019<br>6.25%, 07/01/2054<sup>(b)</sup> | 1500 | 1550756 |
|  California School Finance Authority<br> (KIPP SoCal Public Schools Obligated Group)<br>Series 2020-A<br>4.00%, 07/01/2040<sup>(b)</sup> | 1305 | 1280619 |
|  California School Finance Authority<br> (Lighthouse Community Public Schools Obligated Group)<br>Series 2022<br>6.25%, 06/01/2042<sup>(b)</sup> | 1000 | 1052389 |
|  California School Finance Authority<br> (Partnerships to Uplift Communities Series 2023 Obligated Group)<br>Series 2023<br>5.00%, 08/01/2033<sup>(b)</sup> | 650 | 681237 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 08/01/2038<sup>(b)</sup> | 500 | 527132 |
|  California School Finance Authority<br> (Rex & Margaret Fortune School of Education)<br>Series 2024<br>5.00%, 06/01/2044<sup>(b)</sup> | 2000 | 1947572 |
|  California School Finance Authority<br> (Rocketship Education Obligated Group)<br>Series 2015-A<br>4.25%, 03/01/2028<sup>(b)</sup> | 570 | 570172 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016-A<br>5.00%, 06/01/2031<sup>(b)</sup> | 1700 | 1699921 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California State Public Works Board<br> (California State Public Works Board Lease)<br>Series 2017-H<br>5.00%, 04/01/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2065035 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2031 | 2000 | 2063985 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2032 | 1270 | 1310064 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 04/01/2043 | 2000 | 2274484 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2044 | 2000 | 2244423 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2045 | 2385 | 2645499 |
|  California State Public Works Board<br> (State of California Lease)<br>Series 2022-A<br>5.00%, 08/01/2027 | 7000 | 7297020 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-B<br>5.00%, 06/01/2026 | 10000 | 10073703 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 09/01/2026 | 5000 | 5074710 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.05%, 04/01/2032 | 2000 | 2106009 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.06%, 04/01/2033 | 1000 | 1053951 |
|  California State University<br> (California State University)<br>Series 2017-A<br>5.00%, 11/01/2033 | 5620 | 5810426 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-A<br>5.00%, 11/01/2030 | 600 | 667227 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2031 | 400 | 445904 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-D<br>1.49%, 11/01/2028 | 1500 | 1421674 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-B<br>2.274%, 11/01/2034 | 7000 | 6032276 |
|  California Statewide Communities Development Authority<br> (CHF-Irvine LLC)<br>Series 2017-A<br>5.00%, 05/15/2029 | 1210 | 1243250 |
|  California Statewide Communities Development Authority<br> (Emanate Health Obligated Group)<br>Series 2020-A<br>5.00%, 04/01/2027 | 720 | 740169 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2028 | 535 | 562934 |
|  California Statewide Communities Development Authority<br> (John Muir Health Obligated Group)<br>Series 2024-A<br>5.25%, 12/01/2040 | 2400 | 2771546 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/01/2044 | 2725 | 3041090 |
|  California Statewide Communities Development Authority<br> (Lancer Educational Housing)<br>Series 2016<br>5.00%, 06/01/2036<sup>(b)</sup> | 3250 | 3257241 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 06/01/2034<sup>(b)</sup> | 755 | 784431 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2039<sup>(b)</sup> | 1800 | 1838303 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  California Statewide Communities Development Authority<br> (Loma Linda University Medical Center)<br>Series 2014<br>5.25%, 12/01/2034 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4500 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4505871 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 12/01/2027<sup>(b)</sup> | 250 | 259325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2033<sup>(b)</sup> | 1000 | 1040653 |
|  California Statewide Communities Development Authority<br> (NCCD-Hooper Street LLC)<br>Series 2019<br>5.00%, 07/01/2029<sup>(b)</sup> | 570 | 584496 |
|  California Statewide Communities Development Authority<br> (Redlands Community Hospital Obligated Group)<br>Series 2016<br>5.00%, 10/01/2027 | 2360 | 2380168 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2028 | 1230 | 1244059 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2033 | 2135 | 2158415 |
|  California Statewide Communities Development Authority<br> (Southern California Edison)<br>Series 2023<br>4.50%, 11/01/2033 | 6700 | 7178505 |
|  Central Valley Energy Authority<br> (Pacific Life Insurance)<br>Series 2025<br>5.00%, 12/01/2055 | 1000 | 1109853 |
|  City of Fremont CA Community Facilities District No. 1<br> (City of Fremont CA Community Facilities District No. 1)<br>Series 2015<br>5.00%, 09/01/2027 | 1000 | 1010403 |
|  City of Los Angeles Department of Airports<br> (City of Los Angeles Dept. of Airports)<br>Series 2017<br>5.00%, 05/15/2029 | 1145 | 1150998 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-A<br>5.00%, 05/15/2028 | 1440 | 1484607 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2031 | 1275 | 1313459 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018<br>5.00%, 05/15/2031 | 3000 | 3235420 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2035 | 1190 | 1245959 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>4.00%, 05/15/2044 | 4205 | 4118217 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 05/15/2038 | 4315 | 4552262 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2020-C<br>5.00%, 05/15/2031 | 5000 | 5508823 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2039 | 2655 | 2833623 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>5.00%, 05/15/2030 | 3000 | 3313900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2033 | 4735 | 5341141 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2035 | 1685 | 1863907 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-D<br>4.00%, 05/15/2040 | 2165 | 2192711 |

---

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| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022<br>4.00%, 05/15/2036 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1300 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1349819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 05/15/2041 | 1100 | 1109785 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2027 | 2950 | 3042547 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2029 | 1000 | 1081295 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2032 | 4000 | 4530073 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>4.00%, 05/15/2041 | 6160 | 6214796 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 05/15/2026 | 3500 | 3518865 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2030 | 4500 | 4970850 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2036 | 1050 | 1225942 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2037 | 1065 | 1229339 |
|  City of Los Angeles Department of Airports<br> (Prerefunded - US Treasuries)<br>Series 2021<br>5.00%, 05/15/2033 | 265 | 300091 |
|  City of Roseville CA<br> (City of Roseville CA Fiddyment Ranch Community Facilities District No. 1)<br>Series 2017<br>5.00%, 09/01/2028 | 1010 | 1045320 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030 | 1295 | 1334412 |
|  City of Roseville CA<br> (HP Campus Oaks Community Facilities District No. 1)<br>Series 2016<br>5.00%, 09/01/2031 | 995 | 1004226 |
|  City of San Jose CA Airport Revenue<br> (Norman Y Mineta San Jose Intl Airport SJC)<br>Series 2017-A<br>5.00%, 03/01/2027 | 2480 | 2538028 |
|  City of Santa Rosa CA Wastewater Revenue<br> (City of Santa Rosa CA Wastewater Revenue)<br>AMBAC Series 2002-B<br>Zero Coupon, 09/01/2029 | 3000 | 2764079 |
|  CMFA Special Finance Agency VIII Elan Huntington Beach<br> (CMFA Special Finance Agency VIII Elan Huntington Beach)<br>Series 2021<br>4.00%, 08/01/2047<sup>(b)</sup> | 340 | 320047 |
|  Compton Community Redevelopment Agency Successor Agency<br> (Compton Community Redevelopment Agency Successor Agency)<br>AG Series 2022-A<br>5.25%, 08/01/2032 | 3925 | 4462622 |
|  Contra Costa Transportation Authority Sales Tax Revenue<br> (Contra Costa Transportation Authority Sales Tax Revenue)<br>Series 2017-A<br>5.00%, 03/01/2030 | 1250 | 1288703 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Coronado Community Development Agency Successor Agency<br> (Coronado Community Development Agency Successor Agency)<br>Series 2018-A<br>5.00%, 09/01/2033 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675906 |
|  County of Sacramento CA Airport System Revenue<br> (County of Sacramento CA Airport System Revenue)<br>Series 2018-C<br>5.00%, 07/01/2033 | 1005 | 1052876 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038 | 5000 | 5178586 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 07/01/2029 | 2100 | 2270860 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 | 1320 | 1490553 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2040 | 2250 | 2521885 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2043 | 1150 | 1276784 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2044 | 1500 | 1645659 |
|  County of Santa Barbara CA<br> (County of Santa Barbara CA COP)<br>Series 2018-B<br>5.00%, 12/01/2030 | 1100 | 1169819 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 12/01/2032 | 2740 | 2912518 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 777 Place-Pomona)<br>Series 2021<br>3.60%, 05/01/2047<sup>(b)</sup> | 1500 | 1276761 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority 1818 Platinum Triangle-Anaheim)<br>Series 2021<br>3.35%, 04/01/2047<sup>(b)</sup> | 3325 | 2921542 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Acacia on Santa Rosa Creek)<br>Series 2021<br>4.00%, 10/01/2046<sup>(b)</sup> | 4000 | 3331704 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Altana Apartments)<br>Series 2021<br>3.50%, 10/01/2046<sup>(b)</sup> | 4985 | 4364032 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Jefferson Platinum Triangle Apartments)<br>Series 2021-A1<br>2.875%, 08/01/2041<sup>(b)</sup> | 3215 | 3110484 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Millennium South Bay-Hawthorne)<br>Series 2021<br>3.375%, 07/01/2043<sup>(b)</sup> | 1000 | 868965 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Oceanaire Apartments)<br>Series 2021<br>3.20%, 09/01/2046<sup>(b)</sup> | 5000 | 3696592 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Pasadena Portfolio)<br>Series 2021<br>2.65%, 12/01/2046<sup>(b)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2340 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2009496 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Theo Apartments)<br>Series 2021<br>3.50%, 05/01/2047<sup>(b)</sup> | 2000 | 1743868 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Union South Bay)<br>Series 2021-A<br>3.10%, 07/01/2045<sup>(b)</sup> | 3000 | 2639671 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Vineyard Gardens Apartments)<br>Series 2021<br>4.00%, 10/01/2048<sup>(b)</sup> | 4000 | 3175644 |
|  CSCDA Community Improvement Authority<br> (CSCDA Community Improvement Authority Waterscape Apartments)<br>Series 2021-A<br>3.00%, 09/01/2056<sup>(b)</sup> | 1500 | 1047337 |
|  East County Advanced Water Purification Joint Powers Authority<br> (East County Advanced Water Purification Joint Powers Authority)<br>Series 2024<br>3.125%, 09/01/2026 | 5000 | 5006810 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2026 | 5500 | 5540618 |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2022-ML13)<br>Series 2022-ML13, Class ACA<br>2.875%, 07/25/2036 | 918 | 873552 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-ML13, Class XCA<br>0.959%, 07/25/2036<sup>(c)</sup> | 2480 | 134348 |
|  Fontana Redevelopment Agency Successor Agency<br> (Fontana Redevelopment Agency Successor Agency)<br>Series 2017-A<br>5.00%, 10/01/2031 | 1750 | 1824574 |
|  Foothill-De Anza Community College District<br> (Foothill-De Anza Community College District)<br>AMBAC Series 2007-A<br>Zero Coupon, 08/01/2034 | 1000 | 803144 |
|  Foothill-Eastern Transportation Corridor Agency<br> (Foothill-Eastern Transportation Corridor Agency)<br>Series 2021-A<br>4.00%, 01/15/2046 | 3290 | 3226124 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021-C<br>4.00%, 01/15/2043 | 1889 | 1898729 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2015<br>Zero Coupon, 01/15/2035 | 3000 | 2340166 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Fremont Union High School District<br> (Fremont Union High School District)<br>Series 2024<br>5.00%, 08/01/2026 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1012747 |
|  Golden State Tobacco Securitization Corp.<br> (Golden State Tobacco Securitization Lease)<br>Series 2021<br>2.746%, 06/01/2034 | 3165 | 2873298 |
| &nbsp;&nbsp;&nbsp;&nbsp; 3.115%, 06/01/2038 | 2500 | 2163455 |
|  Golden State Tobacco Securitization Corp.<br> (Golden State Tobacco Securitization)<br>Series 2021<br>3.85%, 06/01/2050 | 5670 | 5269485 |
|  Long Beach Bond Finance Authority<br> (Bank of America Corp.)<br>Series 2007-A<br>5.50%, 11/15/2037 | 3700 | 4510583 |
|  Los Angeles Department of Water & Power<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2022-C<br>5.00%, 07/01/2039 | 2500 | 2741318 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 07/01/2036 | 2000 | 2306543 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2037 | 1405 | 1606552 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2038 | 2055 | 2332176 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 | 1845 | 2077057 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-C<br>5.00%, 07/01/2041 | 1070 | 1191790 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-D<br>5.00%, 07/01/2043 | 4165 | 4583879 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-E<br>5.00%, 07/01/2039 | 2000 | 2265610 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 07/01/2031 | 5000 | 5654184 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2032 | 3250 | 3736956 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2033 | 3665 | 4272599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2034 | 2000 | 2356284 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2025-A<br>5.00%, 07/01/2043 | 1750 | 1941989 |
|  Los Angeles Department of Water & Power Power System Revenue<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2021<br>5.00%, 07/01/2038 | 1000 | 1095226 |
|  Los Angeles Department of Water & Power Water System Revenue<br> (Los Angeles Dept. of Water & Power Water System Revenue)<br>Series 2023-A<br>5.00%, 07/01/2035 | 1040 | 1196136 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2042 | 2125 | 2336328 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 01/01/2030 | 10000 | 10868828 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-B<br>5.00%, 07/01/2031 | 1625 | 1837610 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2032 | 1000 | 1149833 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2033 | 1300 | 1515519 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Los Angeles Unified School District/CA<br> (Los Angeles Unified School District/CA)<br>Series 2016-B<br>3.00%, 07/01/2031 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1835 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1836468 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2030 | 2500 | 2524835 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-B<br>5.00%, 07/01/2029 | 9020 | 9544040 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-A<br>5.00%, 07/01/2027 | 1045 | 1090859 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 07/01/2030 | 1590 | 1802872 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2032 | 3740 | 4435372 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-A<br>5.00%, 07/01/2043 | 2000 | 2293245 |
|  M-S-R Energy Authority<br> (Citigroup, Inc.)<br>Series 2009-A<br>6.50%, 11/01/2039 | 5285 | 6613523 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2009-B<br>7.00%, 11/01/2034 | 5555 | 6897744 |
|  Middle Fork Project Finance Authority<br> (Middle Fork Project Finance Authority)<br>Series 2020<br>5.00%, 04/01/2033 | 1650 | 1774845 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2034 | 1100 | 1180071 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2035 | 1150 | 1229481 |
|  Northern California Energy Authority<br> (Pacific Life Insurance)<br>Series 2024<br>5.00%, 12/01/2054 | 10000 | 10775430 |
|  Oakland Unified School District/Alameda County<br> (Oakland Unified School District/Alameda County)<br>BAM Series 2021<br>3.115%, 08/01/2040 | 1120 | 932648 |
|  Pittsburg Successor Agency Redevelopment Agency<br> (Pittsburg Successor Agency Redevelopment Agency)<br>AG Series 2016-A<br>5.00%, 09/01/2027 | 2785 | 2822663 |
|  Port of Los Angeles<br> (Port of Los Angeles)<br>Series 2024-A<br>5.00%, 08/01/2029 | 1295 | 1403087 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2030 | 2110 | 2334325 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2031 | 1250 | 1407837 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 08/01/2035 | 2330 | 2697442 |
|  River Islands Public Financing Authority<br> (River Islands Public Financing Authority Cmnty Facs District No. 2003-1 Area 1)<br>Series 2022<br>4.50%, 09/01/2037 | 2905 | 2999163 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2042 | 2510 | 2604754 |
|  Sacramento County Water Financing Authority<br> (Sacramento County Water Agency)<br>NATL Series 2007-B<br>3.286% (CME Term SOFR 3 Month + 0.57%), 06/01/2039<sup>(a)</sup> | 5700 | 5506607 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  San Diego Community College District<br> (Prerefunded - US Treasuries)<br>Series 2016<br>4.00%, 08/01/2041 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4000 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;4035452 |
|  San Diego County Regional Airport Authority<br> (San Diego County Regional Airport Authority)<br>Series 2021-B<br>5.00%, 07/01/2028 | 5245 | 5547362 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2030 | 1060 | 1169700 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 07/01/2041 | 10320 | 11336128 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 07/01/2029 | 1000 | 1084368 |
|  San Diego Unified School District/CA<br> (San Diego Unified School District/CA)<br>Series 2025-Z<br>5.00%, 07/01/2039 | 875 | 1035185 |
|  San Francisco City & County Public Utilities Commission Wastewater Revenue<br> (San Francisco City & County Public Utilities Commission Wastewater Revenue)<br>Series 2024<br>4.655%, 10/01/2027 | 2650 | 2691409 |
|  San Francisco Intl Airport<br> (San Francisco Intl Airport)<br>Series 2019-A<br>5.00%, 05/01/2034 | 11015 | 11780497 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2035 | 1000 | 1066517 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019-E<br>5.00%, 05/01/2034<br>| 3450 | 3689761 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2035<br>| 3275 | 3492844 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2036 | 3385 | 3598737 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-A<br>5.00%, 05/01/2031 | 1500 | 1685591 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2022-C<br>2.583%, 05/01/2030 | 1625 | 1557023 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-E<br>5.00%, 05/01/2033 | 5080 | 5883306 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 05/01/2035 | 13000 | 15138128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2036 | 1950 | 2246363 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/01/2039 | 5860 | 6586046 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 05/01/2044 | 10000 | 10941149 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-D<br>5.00%, 05/01/2031 | 2000 | 2247455 |
|  San Joaquin Valley Clean Energy Authority<br> (Goldman Sachs Group)<br>Series 2025<br>5.50%, 01/01/2056 | 7120 | 8109434 |
|  San Mateo Joint Powers Financing Authority<br> (County of San Mateo CA Lease)<br>Series 2019-A<br>5.00%, 07/15/2026 | 3310 | 3346746 |
|  San Mateo Union High School District<br> (San Mateo Union High School District)<br>Series 2026<br>5.00%, 09/01/2028<sup>(d)</sup> | 1750 | 1865457 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2029<sup>(d)</sup> | 1150 | 1258890 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030<sup>(d)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1830 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;2052943 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2033<sup>(d)</sup> | 1000 | 1187260 |
|  Saugus/Hart School Facilities Financing Authority<br> (Saugus Union School District Community Facilities District No. 06-01)<br>Series 2016<br>5.00%, 09/01/2029 | 1000 | 1009512 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030 | 1365 | 1377778 |
|  South San Francisco Unified School District<br> (South San Francisco Unified School District)<br>Series 2025<br>5.00%, 09/01/2026 | 3510 | 3565291 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2027 | 2160 | 2262329 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2029 | 1000 | 1113549 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2030 | 1675 | 1912882 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 09/01/2032 | 1380 | 1648781 |
|  Southern California Public Power Authority<br> (American General Life Insurance)<br>Series 2024-A<br>5.00%, 04/01/2055 | 3500 | 3765644 |
|  Southern California Public Power Authority<br> (Los Angeles Dept. of Water & Power Power System Revenue)<br>Series 2023<br>5.00%, 07/01/2035 | 2645 | 3042097 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2036 | 2000 | 2288900 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2039 | 2000 | 2237271 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2041 | 1100 | 1218140 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.00%, 07/01/2040 | 3200 | 3602920 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2042 | 1650 | 1835986 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2044 | 1995 | 2174679 |
| &nbsp;&nbsp;&nbsp;&nbsp; BAM Series 2025<br>5.25%, 07/01/2042 | 2175 | 2501415 |
|  Southern California Public Power Authority<br>(Southern California Public Power Authority)<br>BAM Series 2025<br>5.00%, 07/01/2035 | 1950 | 2321913 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2044 | 1200 | 1349459 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.25%, 07/01/2045 | 1730 | 1926998 |
|  State of California<br> (State of California)<br>Series 2009<br>7.30%, 10/01/2039 | 1000 | 1187589 |
| &nbsp;&nbsp;&nbsp;&nbsp; 7.55%, 04/01/2039 | 1000 | 1235488 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2016<br>5.00%, 09/01/2034 | 3500 | 3547615 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2019<br>5.00%, 04/01/2028 | 1625 | 1726341 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 04/01/2037 | 615 | 660889 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2021<br>4.00%, 10/01/2026 | 1000 | 1011642 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>6.00%, 03/01/2033 | 5000 | 5584869 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024<br>5.15%, 09/01/2034 | 2000 | 2130949 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025<br>5.00%, 11/01/2027 | 7000 | 7355865 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  Sweetwater Union High School District<br> (Sweetwater Union High School District)<br>Series 2016<br>5.00%, 08/01/2030 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3205 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;3212645 |
|  Tobacco Securitization Authority of Northern California<br> (Sacramento County Tobacco Securitization)<br>Series 2021<br>4.00%, 06/01/2034 | 1000 | 1024014 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2036 | 1015 | 1030296 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2038 | 1210 | 1216277 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.00%, 06/01/2040 | 1150 | 1130063 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2026 | 1360 | 1367256 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2027 | 1500 | 1543241 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2028 | 1220 | 1282317 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2030 | 1500 | 1631261 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2032 | 1300 | 1416796 |
|  Transbay Joint Powers Authority<br> (Transbay Joint Powers Authority Transbay Redevelopment Project Tax Increment)<br>Series 2020<br>5.00%, 10/01/2031 | 500 | 532232 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2032 | 950 | 1007212 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 | 600 | 632452 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2035 | 600 | 629987 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2036 | 800 | 836229 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2037 | 1375 | 1431137 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2038 | 1000 | 1038514 |
|  University of California<br> (University of California)<br>Series 2017-A<br>5.00%, 05/15/2028 | 1000 | 1035832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2029 | 3000 | 3107507 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 05/15/2031 | 2465 | 2552203 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2017-M<br>5.00%, 05/15/2031 | 4000 | 4140534 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023-B<br>4.693%, 05/15/2033 | 6260 | 6534872 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-B<br>5.00%, 05/15/2026 | 20000 | 20121980 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-C<br>5.50%, 05/15/2040 | 2000 | 2430003 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2026-C<br>5.00%, 11/15/2039<sup>(d)</sup> | 4150 | 5087663 |
|  Washington Township Health Care District<br> (Washington Township Health Care District)<br>Series 2023-A<br>5.00%, 07/01/2040 | 400 | 419651 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2041 | 360 | 374128 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2042 | 350 | 361153 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2043 | 275 | 281698 |
| &nbsp;&nbsp;&nbsp;&nbsp; AG Series 2023-B<br>4.125%, 08/01/2041 | 750 | 787631 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.125%, 08/01/2042 | 275 | 286453 |
| &nbsp;&nbsp;&nbsp;&nbsp; 4.25%, 08/01/2043 | 370 | 384386 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  Yucaipa Valley Water District Financing Authority<br> (Yucaipa Valley Water District Water & Sewer Revenue)<br>Series 2024-A<br>5.00%, 06/01/2026 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10000 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10013803 |
|  |  |  |  | 1003707004 |
|  **American Samoa – 0.1%** | **American Samoa – 0.1%** | **American Samoa – 0.1%** | **American Samoa – 0.1%** | **American Samoa – 0.1%** |
|  American Samoa Economic Development Authority<br> (American Samoa Economic Development Authority)<br>Series 2025-A<br>5.00%, 09/01/2030<sup>(b)</sup> |  | 1000 |  | 1057569 |
|  American Samoa Economic Development Authority<br> (Territory of American Samoa)<br>Series 2018<br>6.50%, 09/01/2028<sup>(b)</sup> |  | 470 |  | 491169 |
|  |  |  |  | 1548738 |
|  **Florida – 0.1%** | **Florida – 0.1%** | **Florida – 0.1%** | **Florida – 0.1%** | **Florida – 0.1%** |
|  City of Tampa FL<br> (State of Florida Cigarette Tax Revenue)<br>Series 2020-A<br>Zero Coupon, 09/01/2033 |  | 175 |  | 136764 |
|  County of Osceola FL Transportation Revenue<br> (County of Osceola FL Transportation Revenue)<br>Series 2020-A<br>Zero Coupon, 10/01/2030 |  | 150 |  | 128571 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2031 |  | 185 |  | 152669 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2032 |  | 100 |  | 79381 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2033 |  | 250 |  | 190541 |
| &nbsp;&nbsp;&nbsp;&nbsp; Zero Coupon, 10/01/2034 |  | 270 |  | 197171 |
|  New River Community Development District<br> (New River Community Development District)<br>Series 2006-B<br>5.00%, 05/01/2013<sup>(e) (f)</sup> |  | 405 |  | 4 |
|  |  |  |  | 885101 |
|  **Georgia – 0.2%** | **Georgia – 0.2%** | **Georgia – 0.2%** | **Georgia – 0.2%** | **Georgia – 0.2%** |
|  Municipal Electric Authority of Georgia<br> (Municipal Electric Authority of Georgia)<br>Series 2019<br>5.00%, 01/01/2032 |  | 460 |  | 486090 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2035 |  | 250 |  | 262808 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 01/01/2036 |  | 1590 |  | 1667323 |
|  |  |  |  | 2416221 |
|  **Guam – 1.8%** | **Guam – 1.8%** | **Guam – 1.8%** | **Guam – 1.8%** | **Guam – 1.8%** |
|  Antonio B Won Pat International Airport Authority<br> (Antonio B Won Pat Intl Airport Authority)<br>Series 2021-A<br>2.899%, 10/01/2027 |  | 825 |  | 810979 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2023<br>5.00%, 10/01/2028 |  | 960 |  | 997661 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.125%, 10/01/2034 |  | 140 |  | 155766 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.375%, 10/01/2040 |  | 275 |  | 300344 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2024-A<br>5.00%, 10/01/2027 |  | 155 |  | 159261 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2031 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;651402 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2033 |  | 600 |  | 663536 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2034 |  | 450 |  | 501580 |
|  Guam Department of Education<br> (Guam Dept. of Education COP)<br>Series 2020<br>4.25%, 02/01/2030 |  | 1225 |  | 1246530 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2040 |  | 1090 |  | 1113839 |
|  Guam Education Financing Foundation<br> (Guam Education Financing Foundation COP)<br>Series 2016-B<br>5.00%, 10/01/2026<sup>(b)</sup> |  | 1045 |  | 1045302 |
|  Guam Power Authority<br> (Guam Power Authority)<br>Series 2022-A<br>5.00%, 10/01/2028 |  | 3000 |  | 3151153 |
|  Territory of Guam<br> (Guam Section 30 Income Tax)<br>Series 2016-A<br>5.00%, 12/01/2026 |  | 1000 |  | 1014963 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2029 |  | 455 |  | 460909 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2030 |  | 730 |  | 739282 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 12/01/2032 |  | 675 |  | 682951 |
|  Territory of Guam<br> (Territory of Guam Business Privilege Tax)<br>Series 2021-F<br>5.00%, 01/01/2031 |  | 1000 |  | 1095243 |
|  Territory of Guam<br> (Territory of Guam Hotel Occupancy Tax)<br>Series 2021-A<br>5.00%, 11/01/2027 |  | 795 |  | 822888 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2028 |  | 955 |  | 1008017 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2029 |  | 1000 |  | 1074832 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 11/01/2030 |  | 820 |  | 895693 |
|  Territory of Guam<br> (Territory of Guam)<br>Series 2019<br>5.00%, 11/15/2031 |  | 355 |  | 377471 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2025-G<br>5.00%, 01/01/2033 |  | 1200 |  | 1345419 |
|  |  |  |  | 20315021 |
|  **Illinois – 0.5%** | **Illinois – 0.5%** | **Illinois – 0.5%** | **Illinois – 0.5%** | **Illinois – 0.5%** |
|  Metropolitan Pier & Exposition Authority<br> (Metropolitan Pier & Exposition Authority)<br>Series 2017-B<br>5.00%, 12/15/2026 |  | 3250 |  | 3308991 |
|  Village of Bolingbrook IL Sales Tax Revenue<br> (Village of Bolingbrook IL Sales Tax Revenue)<br>6.00%, 01/01/2026<sup>(e) (f)</sup><br>|  | 3602 |  | 1945251 |
|  |  |  |  | 5254242 |
|  **Indiana – 0.0%** | **Indiana – 0.0%** | **Indiana – 0.0%** | **Indiana – 0.0%** | **Indiana – 0.0%** |
|  City of Fort Wayne IN<br> (Do Good Foods Fort Wayne Obligated Group)<br>10.75%, 12/01/2029<sup>(f) (g)</sup> |  | 25 |  | 3 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  **Kentucky – 0.4%** |  |  |  |  |
|  City of Ashland KY<br> (Royal Blue Health Obligated Group)<br>Series 2019<br>5.00%, 02/01/2027 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265236 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2030 |  | 160 |  | 172599 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 02/01/2031 |  | 200 |  | 216096 |
|  Kentucky Economic Development Finance Authority<br> (Owensboro Health Obligated Group)<br>Series 2017-A<br>5.00%, 06/01/2029 |  | 3500 |  | 3569335 |
|  |  |  |  | 4223266 |
|  **Missouri – 0.0%** | **Missouri – 0.0%** | **Missouri – 0.0%** | **Missouri – 0.0%** | **Missouri – 0.0%** |
|  Howard Bend Levee District<br> (Howard Bend Levee District)<br>XLCA Series 2005<br>5.75%, 03/01/2027 |  | 150 |  | 154054 |
|  **New Jersey – 1.3%** |  |  |  |  |
|  New Jersey Transportation Trust Fund Authority<br> (New Jersey Transportation Fed Hwy Grant)<br>Series 2016<br>5.00%, 06/15/2027 |  | 1410 |  | 1420374 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2029 |  | 6660 |  | 6709803 |
| &nbsp;&nbsp;&nbsp;&nbsp; Series 2018-A<br>5.00%, 06/15/2028 |  | 2710 |  | 2730771 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/15/2029 |  | 1290 |  | 1299647 |
|  Tobacco Settlement Financing Corp./NJ<br> (Tobacco Settlement Financing Corp/NJ)<br>Series 2018-A<br>5.00%, 06/01/2026 |  | 1000 |  | 1005688 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 06/01/2028 |  | 1000 |  | 1052647 |
|  |  |  |  | 14218930 |
|  **New York – 0.0%** | **New York – 0.0%** | **New York – 0.0%** | **New York – 0.0%** | **New York – 0.0%** |
|  New York Transportation Development Corp.<br> (Laguardia Gateway Partners)<br>Series 2016-A<br>5.00%, 07/01/2046 |  | 220 |  | 220086 |
|  **Ohio – 0.1%** |  |  |  |  |
|  Buckeye Tobacco Settlement Financing Authority<br> (Buckeye Tobacco Settlement Financing Authority)<br>Series 2020-A<br>5.00%, 06/01/2036 |  | 1175 |  | 1252635 |
|  **Other – 0.3%** |  |  |  |  |
|  Federal Home Loan Mortgage Corp. Multifamily ML Certificates<br> (FRETE 2021-ML10)<br>Series 2021-ML10, Class AUS<br>2.032%, 01/25/2038 |  | 4710 |  | 3886540 |

---

------

---

| | | | | |
|:---|:---|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **Principal<br>Amount<br>(000)** | **U.S. $ Value** | **U.S. $ Value** |
|  **Pennsylvania – 0.1%** |  |  |  |  |
|  Allentown Neighborhood Improvement Zone Development Authority<br>(Allentown Neighborhood Improvement Zone Center City Investment Revenue)<br>Series 2018<br>5.00%, 05/01/2033<sup>(b)</sup> | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1000 | $| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1034025 |
|  **Puerto Rico – 0.9%** | **Puerto Rico – 0.9%** | **Puerto Rico – 0.9%** | **Puerto Rico – 0.9%** | **Puerto Rico – 0.9%** |
|  Commonwealth of Puerto Rico<br> (Commonwealth of Puerto Rico)<br>Series 2021-A<br>Zero Coupon, 07/01/2033 |  | 1680 |  | 1241991 |
|  Puerto Rico Commonwealth Aqueduct & Sewer Authority<br> (Puerto Rico Commonwealth Aqueduct & Sewer Authority)<br>Series 2020-A<br>5.00%, 07/01/2030<sup>(b)</sup> |  | 2440 |  | 2601413 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 07/01/2035<sup>(b)</sup> |  | 1735 |  | 1812353 |
|  Puerto Rico Electric Power Authority<br> (Puerto Rico Electric Power Authority)<br>AG Series 2007-V<br>5.25%, 07/01/2027 |  | 1720 |  | 1736870 |
|  Puerto Rico Industrial Tourist Educational Medical & Environmental Control Facilities Financing Auth<br> (San Juan Cruise Port LLC)<br>Series 2024<br>6.25%, 01/01/2040 |  | 1665 |  | 1924722 |
| &nbsp;&nbsp;&nbsp;&nbsp; 6.75%, 01/01/2045 |  | 1000 |  | 1145574 |
|  |  |  |  | 10462923 |
|  **Washington – 0.1%** | **Washington – 0.1%** | **Washington – 0.1%** | **Washington – 0.1%** | **Washington – 0.1%** |
|  Washington Health Care Facilities Authority<br> (CommonSpirit Health Obligated Group)<br>Series 2019-A<br>5.00%, 08/01/2031 |  | 825 |  | 890085 |
|  **Wisconsin – 0.2%** |  |  |  |  |
|  Wisconsin Public Finance Authority<br> (UMA Education, Inc.)<br>Series 2019<br>5.00%, 10/01/2026<sup>(b)</sup> |  | 770 |  | 777077 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2027<sup>(b)</sup> |  | 805 |  | 825100 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2028<sup>(b)</sup> |  | 700 |  | 728682 |
| &nbsp;&nbsp;&nbsp;&nbsp; 5.00%, 10/01/2029<sup>(b)</sup> |  | 320 |  | 337334 |
|  |  |  |  | 2668193 |
|  Total Long-Term Municipal Bonds<br>(cost $1,065,424,899) | Total Long-Term Municipal Bonds<br>(cost $1,065,424,899) | Total Long-Term Municipal Bonds<br>(cost $1,065,424,899) |  | 1073137067 |
|  **Short-Term Municipal Notes – 5.5%** | **Short-Term Municipal Notes – 5.5%** | **Short-Term Municipal Notes – 5.5%** | **Short-Term Municipal Notes – 5.5%** | **Short-Term Municipal Notes – 5.5%** |
|  **California – 5.5%** | **California – 5.5%** | **California – 5.5%** | **California – 5.5%** | **California – 5.5%** |
|  Bay Area Toll Authority<br> (Bay Area Toll Authority)<br>Series 2024<br>1.25%, 04/01/2059<sup>(h)</sup> |  | 1000 |  | 1000000 |

---

------

---

| | | |
|:---|:---|:---|
| | **Principal<br>Amount<br>(000)** | **U.S. $ Value** |
|  City of Los Angeles CA<br> (City of Los Angeles CA)<br>Series 2025<br>5.00%, 06/25/2026 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50000 | $50434435 |
|  County of Riverside CA<br> (County of Riverside CA)<br>Series 2025-A<br>2.55%, 10/16/2026 | 2780 | 2786859 |
|  Nuveen California AMT-Free Quality Municipal Income Fund<br> (Nuveen California AMT-Free Quality Municipal Income Fund)<br>Series 2017<br>2.33%, 10/01/2047<sup>(b) (h)</sup> | 5000 | 5000000 |
|  State of California<br> (State of California)<br>Series 2024-A<br>1.05%, 05/01/2053<sup>(h)</sup> | 3220 | 3220000 |
|  Total Short-Term Municipal Notes<br>(cost $62,302,181) | Total Short-Term Municipal Notes<br>(cost $62,302,181) | 62441294 |
|  Total Municipal Obligations<br>(cost $1,127,727,080) | Total Municipal Obligations<br>(cost $1,127,727,080) | 1135578361 |
|  **ASSET-BACKED SECURITIES – 0.0%** |  |  |
|  **Autos - Fixed Rate – 0.0%** |  |  |
|  Lendbuzz Securitization Trust<br>Series 2023-1A, Class A2<br>6.92%, 08/15/2028<sup>(b)</sup><br>(cost $387,464) | 387 | 391890 |
|  **COLLATERALIZED MORTGAGE OBLIGATIONS – 0.0%** |  |  |
|  **Risk Share Floating Rate – 0.0%** |  |  |
|  Federal National Mortgage Association Connecticut Avenue Securities<br>Series 2016-C02, Class 1M2<br>9.782% (CME Term SOFR + 6.11%), 09/25/2028<sup>(a)</sup><br>(cost $1,136) | 1 | 1142 |
|  **Total Investments – 99.9%**<br> (cost $1,128,115,680)<sup>(i)</sup> |  | 1135971393 |
|  Other assets less liabilities – 0.1% |  | 784879 |
|  **Net Assets – 100.0%** |  | $**1136756272** |

---

------

**CENTRALLY CLEARED CREDIT DEFAULT SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Description** | **Fixed**<br> **Rate**<br> **(Pay)**<br> **Receive** | **Payment**<br> **Frequency** | **Implied**<br> **Credit**<br> **Spread at**<br> **February 28,<br>2026** | **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | **Market**<br> **Value** | **Upfront<br>Premiums**<br> **Paid**<br> **(Received)** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** | **Buy Contracts** |
| &nbsp;&nbsp;&nbsp;&nbsp; CDX-NAHY Series 45, 5 Year Index, 12/20/2030\* | 5.00% | Quarterly | 3.32% | USD | 7524 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(583579) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(534485) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(49094) |

---

*\** *Termination date* 

**CENTRALLY CLEARED INFLATION (CPI) SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
|  | | | **Rate Type** | **Rate Type** | | | | |
| **Notional**<br> **Amount**<br> **(000)** | **Notional**<br> **Amount**<br> **(000)** | <br>**Termination**<br> **Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments**<br> **received**<br> **by the**<br> **Fund** | <br>**Payment<br>Frequency<br>Paid/**<br> **Received** |<br>**Market**<br> **Value** |<br>**Upfront**<br> **Premiums**<br> **Paid**<br> **(Received)** |<br>**Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| USD | 19630 | 10/15/2028 | CPI# | 2.565% | Maturity | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;43755 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(106283) | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150038 |
| USD | 17750 | 10/15/2029 | 2.569% | CPI# | Maturity | (85823) | 73142 | (158965) |
| USD | 17250 | 10/15/2029 | 2.485% | CPI# | Maturity | (12225) | 133850 | (146075) |
| USD | 13425 | 10/15/2029 | 2.516% | CPI# | Maturity | (29986) | 86118 | (116104) |
| USD | 13413 | 10/15/2029 | 2.451% | CPI# | Maturity | 12734 | 123688 | (110954) |
| USD | 13412 | 10/15/2029 | 2.499% | CPI# | Maturity | (18738) | 95927 | (114665) |
| USD | 20620 | 10/15/2030 | CPI# | 2.531% | Maturity | 98859 | (100231) | 199090 |
|  |  |  |  |  |  | $8576 | $306211 | $(297635) |

---

*#* *Variable interest rate based on the rate of inflation as determined by the Consumer Price Index (CPI).* 

**CENTRALLY CLEARED INTEREST RATE SWAPS** 

---

| | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| | | | **Rate Type** | **Rate Type** | | | | |
| **Notional<br>Amount<br>(000)** | **Notional<br>Amount<br>(000)** | **Termination**<br> **Date** | **Payments**<br> **made**<br> **by the**<br> **Fund** | **Payments**<br> **received**<br> **by the**<br> **Fund** | **Payment<br>Frequency<br>Paid/**<br> **Received** | **Market**<br> **Value** | **Upfront**<br> **Premiums**<br> **Paid**<br> **(Received)** | **Unrealized**<br> **Appreciation**<br> **(Depreciation)** |
| USD | 2000 | 10/15/2030 | 1 Day SOFR | 4.092% | Annual | $76755 | $62390 | $14365 |
| USD | 10000 | 08/15/2031 | 1 Day SOFR | 4.053% | Annual | 395035 | 317072 | 77963 |
| USD | 12400 | 11/05/2032 | 1 Day SOFR | 3.516% | Annual | 119343 |  | 119343 |
| USD | 7300 | 01/03/2033 | 1 Day SOFR | 3.611% | Annual | 117595 |  | 117595 |
| USD | 6200 | 06/15/2034 | 3.543% | 1 Day SOFR | Annual | (18719) | 12945 | (31664) |
| USD | 11000 | 08/15/2034 | 3.545% | 1 Day SOFR | Annual | (42277) | 27657 | (69934) |
| USD | 3670 | 08/15/2034 | 3.272% | 1 Day SOFR | Annual | 65274 | 82110 | (16836) |
| USD | 7800 | 09/25/2035 | 3.587% | 1 Day SOFR | Annual | (33836) | 25458 | (59294) |
| USD | 11700 | 10/25/2035 | 3.521% | 1 Day SOFR | Annual | 12050 |  | 12050 |
|  |  |  |  |  |  | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;691220 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;527632 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;163588 |

---

*(a)* *Floating Rate Security. Stated interest/floor/ceiling rate was in effect at February 28, 2026.* 

*(b)* *Security is exempt from registration under Rule 144A or Regulation S of the Securities Act of 1933. These securities are considered restricted, but liquid and may be resold in transactions exempt from registration. At February 28, 2026, the aggregate market value of these securities amounted to $104,641,607 or 9.2% of net assets.* 

*(c)* *IO - Interest Only.* 

*(d)* *When-Issued or delayed delivery security.* 

*(e)* *Defaulted matured security.* 

*(f)* *Non-income producing security.* 

------

*(g)* *Defaulted.* 

*(h)* *Variable Rate Demand Notes are instruments whose interest rates change on a specific date (such as coupon date or interest payment date) or whose interest rates vary with changes in a designated base rate (such as the prime interest rate). This instrument is payable on demand and is secured by letters of credit or other credit support agreements from major banks.* 

*(i)* *As of February 28, 2026, the cost basis of investment securities owned was substantially identical for both book and tax purposes. Gross unrealized appreciation of investments was $25,943,136 and gross unrealized depreciation of investments was $(18,270,564), resulting in net unrealized appreciation of $7,672,572.* 

*As of February 28, 2026, the Portfolio's percentages of investments in municipal bonds that are insured and in insured municipal bonds that have been pre-refunded or escrowed to maturity are 3.9% and 0.0%, respectively.* 

*Glossary:* 

*AG* – *Assured Guaranty Inc.* 

*AMBAC* – *Ambac Assurance Corporation* 

*BAM* – *Build American Mutual* 

*CDX-NAHY – North American High Yield Credit Default Swap Index* 

*CHF* – *Collegiate Housing Foundation* 

*CMBS* – *Commercial Mortgage-Backed Securities* 

*CME – Chicago Mercantile Exchange* 

*COP* – *Certificate of Participation* 

*MUNIPSA – Municipal Swap Index* 

*NATL* – *National Interstate Corporation* 

*SOFR* – *Secured Overnight Financing Rate* 

*XLCA* – *XL Capital Assurance Inc.* 

------

**AB Active ETFs, Inc.** 

**AB California Intermediate Municipal ETF** 

**February 28, 2026 (unaudited)** 

In accordance with U.S. GAAP regarding fair value measurements, fair value is defined as the price that the Fund would receive to sell an asset or pay to transfer a liability in an orderly transaction between market participants at the measurement date. U.S. GAAP establishes a framework for measuring fair value, and a three-level hierarchy for fair value measurements based upon the transparency of inputs to the valuation of an asset or liability (including those valued based on their market values). Inputs may be observable or unobservable and refer broadly to the assumptions that market participants would use in pricing the asset or liability. Observable inputs reflect the assumptions market participants would use in pricing the asset or liability based on market data obtained from sources independent of the Fund. Unobservable inputs reflect the Fund's own assumptions about the assumptions that market participants would use in pricing the asset or liability based on the best information available in the circumstances. Each investment is assigned a level based upon the observability of the inputs which are significant to the overall valuation. The three-tier hierarchy of inputs is summarized below.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 1 - quoted prices in active markets for identical investments

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 2 - other significant observable inputs (including quoted prices for similar investments, interest rates,
prepayment speeds, credit risk, etc.)

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;• Level 3 - significant unobservable inputs (including the Fund's own assumptions in determining the fair value of
investments)

The fair value of debt instruments, such as bonds, and over-the-counter derivatives is generally based on market price quotations, recently executed market transactions (where observable) or industry recognized modeling techniques and are generally classified as Level 2. Pricing vendor inputs to Level 2 valuations may include quoted prices for similar investments in active markets, interest rate curves, coupon rates, currency rates, yield curves, option adjusted spreads, default rates, credit spreads and other unique security features in order to estimate the relevant cash flows which is then discounted to calculate fair values. If these inputs are unobservable and significant to the fair value, these investments will be classified as Level 3. In addition, non-agency rated investments are classified as Level 3.

Other fixed income investments, including non-U.S. government and corporate debt, are generally valued using quoted market prices, if available, which are typically impacted by current interest rates, maturity dates and any perceived credit risk of the issuer. Additionally, in the absence of quoted market prices, these inputs are used by pricing vendors to derive a valuation based upon industry or proprietary models which incorporate issuer specific data with relevant yield/spread comparisons with more widely quoted bonds with similar key characteristics. Those investments for which there are observable inputs are classified as Level 2. Where the inputs are not observable, the investments are classified as Level 3.

Valuations of mortgage-backed or other asset backed securities, by pricing vendors, are based on both proprietary and industry recognized models and discounted cash flow techniques. Significant inputs to the valuation of these instruments are value of the collateral, the rates and timing of delinquencies, the rates and timing of prepayments, and default and loss expectations, which are driven in part by housing prices for residential mortgages. Significant inputs are determined based on relative value analyses, which incorporate comparisons to instruments with similar collateral and risk profiles, including relevant indices. Mortgage and asset backed securities for which management has collected current observable data through pricing services are generally categorized within Level 2. Those investments for which current observable data has not been provided are classified as Level 3.

------

The following table summarizes the valuation of the Fund's investments by the above fair value hierarchy levels as of February 28, 2026:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Investments in Securities:** | **Level 1** | **Level 2** | **Level 3** | **Total** |
| **Assets:** |  |  |  |  |
| Long-Term Municipal Bonds | $— | $1073137067 | $— | $1073137067 |
| Short-Term Municipal Notes |  | 62441294 |  | 62441294 |
| Asset-Backed Securities |  | 391890 |  | 391890 |
| Collateralized Mortgage Obligations |  | 1142 |  | 1142 |
| Total Investments in Securities |  | 1135971393 |  | 1135971393 |
| **Other Financial Instruments<sup>(a)</sup>:** |  |  |  |  |
| **Assets:** |  |  |  |  |
| Centrally Cleared Inflation (CPI) Swaps |  | 155348 |  | 155348 |
| Centrally Cleared Interest Rate Swaps |  | 786052 |  | 786052 |
| **Liabilities:** |  |  |  |  |
| Centrally Cleared Credit Default Swaps |  | (583579) |  | (583579) |
| Centrally Cleared Inflation (CPI) Swaps |  | (146772) |  | (146772) |
| Centrally Cleared Interest Rate Swaps |  | (94832) |  | (94832) |
| **Total** | $**—** | $**1136087610** | $**—** | $**1136087610** |

---

*<sup>(a)</sup>* *Other financial instruments include derivative instruments, such as futures, forwards and swaps. Derivative instruments are valued at the unrealized appreciation (depreciation) on the instrument. Other financial instruments may also include swaps with upfront premiums, written options and written swaptions which are valued at market value.*

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB Active ETFs, Inc.

- **b. Investment Company Act file number:** 811-23799

- **c. CIK number of Registrant:** 0001496608

- **d. LEI of Registrant:** 2549006ZG5WBMZRI5P66

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10001

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB California Intermediate Municipal ETF

- **b. EDGAR series identifier (if any):** S000093944

- **c. LEI of Series:** 2549006ME7I5OODNLG27

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

- **a. Date of fiscal year-end:** 2026-11-30

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

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $1151464439.06

**Total Liabilities:** $14707967.14

**Net Assets:** $1136756471.92

**Delayed Delivery Securities:** $14318075.99

**Cash Not Reported:** $3270907.64

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -5677.91000000 | **1-Year:** -40627.62000000 | **5-Year:** -167960.65000000 | **10-Year:** -200967.38000000 | **30-Year:** -57262.20000000

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

- **3-Month:** -516.54000000 | **1-Year:** -6802.02000000 | **5-Year:** -12853.31000000 | **10-Year:** -31054.26000000 | **30-Year:** -15359.73000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000262410 | 0.20%                | 0.83%                | 1.08%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1176234.55              | $-2126289.55                               |
| Month 2  | $570598.76               | $5537515.94                                |
| Month 3  | $-36992.84               | $9443948.11                                |

**Designated Index Information**

- **Index Name:** Bloomberg 1-10 Yr Municipal Bond Blend

- **Index Identifier:** B12MTR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Territory of Guam                                                               | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                                                                                          | CUSIP: 40065KAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $895693.38    | 0.08%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                                                                                          | CUSIP: 40065KAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074832.40   | 0.09%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                   | ALLENTOWN PA NEIGHBORHOOD IMPT ZONE DEV AUTH TAX REVENUE                                                                       | CUSIP: 018444BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034025.20   | 0.09%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pittsburg Successor Agency Redevelopment Agency                                 | PITTSBURG CA SUCCESSOR AGY REDEV AGY                                                                                           | CUSIP: 86459LBP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2822663.50   | 0.25%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445CR8<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1313458.59   | 0.12%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA MUN FIN AUTH STUDENT RESIDENCE REVENUE                                                                              | CUSIP: 13051EAH3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2559376.50   | 0.23%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                 | CENTRL VLY CA ENERGY AUTH COMMODITY SPLY REVENUE                                                                               | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109853.30   | 0.10%             | 2055-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Norman Y Mineta San Jose International Airport SJC                              | SAN JOSE CA ARPT REVENUE                                                                                                       | CUSIP: 798136VF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2538027.78   | 0.22%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JFR2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   6045000 | PA      | $6635795.99   | 0.58%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JAX4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7015000 | PA      | $7149893.54   | 0.63%             | 2052-10-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DLD8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1726340.53   | 0.15%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                          | M-S-R CA ENERGY AUTH GAS REVENUE                                                                                               | CUSIP: 55374SAE0<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   5555000 | PA      | $6897744.05   | 0.61%             | 2034-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 5444452S7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1065000 | PA      | $1229338.66   | 0.11%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                            | CUSIP: 120827EA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1060957.63   | 0.09%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SWM2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    755000 | PA      | $784430.66    | 0.07%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                  | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                                                                        | CUSIP: 118217CS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1252635.31   | 0.11%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445BT5<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1150997.97   | 0.10%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| M-S-R Energy Authority                                                          | M-S-R CA ENERGY AUTH GAS REVENUE                                                                                               | CUSIP: 55374SAC4<br>LEI: 549300UEMSS1JTK5YB98 | Long             | DBT              | MUN               | US        |   5285000 | PA      | $6613522.69   | 0.58%             | 2039-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                               | CUSIP: 79739GRG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10320000 | PA      | $11336127.84  | 1.00%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern California Energy Authority                                            | NRTHRN CA ENERGY AUTH COMMODITY SPLY REVENUE                                                                                   | CUSIP: 664840AL9<br>LEI: 5493001ZIJGWU7HYLH34 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10775430.00  | 0.95%             | 2054-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469BF4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1218139.67   | 0.11%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445EM7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1245959.27   | 0.11%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles CA                                                          | LOS ANGELES CA                                                                                                                 | CUSIP: 544351SF7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |  50000000 | PA      | $50434435.00  | 4.44%             | 2026-06-25      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532LW2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1845000 | PA      | $2077056.72   | 0.18%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                            | GUAM PWR AUTH REVENUE                                                                                                          | CUSIP: 400653JT9<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3151152.90   | 0.28%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                            | CUSIP: 786107WY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1276783.59   | 0.11%             | 2043-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBG2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2233545.16   | 0.20%             | 2026-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034A7F1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  16200000 | PA      | $16205452.92  | 1.43%             | 2065-01-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                | CUSIP: 544525Z27<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1837609.96   | 0.16%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS377S3   IRS USD R F  2.53125 IS377S3 CCPINFLATIONZERO / Short: SS377S3   IRS USD P V 12MUSCPI IS377T4 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  20620000 | OU      | $98859.08     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE                                                                     | CUSIP: 345105JJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1889000 | PA      | $1898728.54   | 0.17%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST REVENUE                                                                                       | CUSIP: 940204GT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $419650.76    | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAM8<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    600000 | PA      | $629987.10    | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445B32<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4530072.80   | 0.40%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063CZ86<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3547614.70   | 0.31%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445MB2<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4205000 | PA      | $4118216.79   | 0.36%             | 2044-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JCC8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5041955.50   | 0.44%             | 2053-07-01      | Floating      | 4.09%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                 | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $428191.76    | 0.04%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH MUNI CTFS                                                                                          | CUSIP: 13050WAE1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2293963 | PA      | $2231169.73   | 0.20%             | 2040-11-20      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                     | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $190541.58    | 0.02%             | 2033-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532PQ1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1941988.83   | 0.17%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DXX2<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2247454.60   | 0.20%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                             | CUSIP: 13069AAS7<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015439.60   | 0.18%             | 2031-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DGD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $667227.18    | 0.06%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1097784.45   | 0.10%             | 2029-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS37880   IRS USD R V 00MSOFR IS37891 CCPOIS / Short: BS37880   IRS USD P F  3.58700 IS37880 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   7800000 | OU      | $-33835.46    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TSE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527132.20    | 0.05%             | 2038-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Mateo Union High School District                                            | SAN MATEO CA UNION HIGH SCH DIST                                                                                               | CUSIP: 799017ZY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1865457.13   | 0.16%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                               | TOBACCO SETTLEMENT FING CORP NJ                                                                                                | CUSIP: 888808HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052647.40   | 0.09%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $155765.61    | 0.01%             | 2034-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 5444452K4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4970849.85   | 0.44%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                           | CUSIP: 840058WJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1648781.22   | 0.15%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532QB3<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3665000 | PA      | $4272599.09   | 0.38%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS377I3   IRS USD R F  2.56500 IS377I3 CCPINFLATIONZERO / Short: SS377I3   IRS USD P V 12MUSCPI IS377J4 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  19630000 | OU      | $43755.47     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS377Q1   IRS USD R V 12MUSCPI IS377R2 CCPINFLATIONZERO / Short: BS377Q1   IRS USD P F  2.49900 IS377Q1 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  13412000 | OU      | $-18738.58    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                             | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 13013FAV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1330000 | PA      | $1165232.29   | 0.10%             | 2046-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS37846   IRS USD R V 12MUSCPI IS37857 CCPINFLATIONZERO / Short: BS37846   IRS USD P F  2.56880 IS37846 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  17750000 | OU      | $-85823.03    | -0.01%            |  |  |  | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063ERN8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7355864.60   | 0.65%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532QC1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2356283.60   | 0.21%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DVM8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5080000 | PA      | $5883306.50   | 0.52%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 5446466L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9020000 | PA      | $9544040.35   | 0.84%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 5444457J2<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3518865.35   | 0.31%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048T6A6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033545.00   | 0.09%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                             | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 13013FBC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3390000 | PA      | $2558215.02   | 0.23%             | 2050-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068XPS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2274483.80   | 0.20%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS377O9   IRS USD R V 12MUSCPI IS377P0 CCPINFLATIONZERO / Short: BS377O9   IRS USD P F  2.51600 IS377O9 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  13425000 | OU      | $-29986.21    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063D3R7<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5584869.50   | 0.49%             | 2033-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532QA5<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3736956.28   | 0.33%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7600000 | PA      | $8222140.56   | 0.72%             | 2055-08-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HNW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6260000 | PA      | $6534872.22   | 0.57%             | 2033-05-15      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068XLQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053950.90   | 0.09%             | 2033-04-01      | Fixed         | 5.06%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TUJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1947572.20   | 0.17%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JBL9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   9590000 | PA      | $10203551.90  | 0.90%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469CB2<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3602920.32   | 0.32%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JHL3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499956.95   | 0.13%             | 2056-04-01      | Floating      | 3.91%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DQN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6032275.90   | 0.53%             | 2034-11-01      | Fixed         | 2.27%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                            | CUSIP: 120827DZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3067504.80   | 0.27%             | 2041-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS377U5   IRS USD R V 00MSOFR IS377V6 CCPOIS / Short: BS377U5   IRS USD P F  3.54500 IS377U5 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  11000000 | OU      | $-42276.66    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                                                                                 | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220085.87    | 0.02%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA SCH FIN AUTH SCH FAC REVENUE                                                                                        | CUSIP: 13059TGY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1305000 | PA      | $1280618.55   | 0.11%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East County Advanced Water Purification Joint Powers Authority                  | EAST CNTY ADVANCED WTR PURIFICATION JT PWRS AUTH                                                                               | CUSIP: 271843AB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5006810.00   | 0.44%             | 2026-09-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST                                                                                               | CUSIP: 940642GB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $286452.76    | 0.03%             | 2042-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JHH2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1383306.50   | 0.12%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                | CUSIP: 544525R91<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1196136.34   | 0.11%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBR8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2013569.77   | 0.18%             | 2031-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                    | CUSIP: 38122NZX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2163455.00   | 0.19%             | 2038-06-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532NE0<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   4165000 | PA      | $4583878.63   | 0.40%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                              | ASHLAND KY MED CENTER REVENUE                                                                                                  | CUSIP: 044293BT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $216096.58    | 0.02%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                 | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $508404.01    | 0.04%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                         | Freddie Mac Multifamily ML Certificates                                                                                        | CUSIP: 3137H9JM2<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |    918427 | PA      | $873551.56    | 0.08%             | 2036-07-25      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3175644.40   | 0.28%             | 2048-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                             | CUSIP: 13069AAR9<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |    615000 | PA      | $615571.21    | 0.05%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Guam Department of Education                                                    | GUAM GOVT DEPT OF EDU COPS                                                                                                     | CUSIP: 40065AAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1113839.39   | 0.10%             | 2040-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                             | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                 | CUSIP: 745160SH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1812353.07   | 0.16%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS399X8   IRS USD R F  3.61100 IS399X8 CCPOIS / Short: SS399X8   IRS USD P V 00MSOFR IS399Y9 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   7300000 | OU      | $117595.32    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Intercontinental Exchange, Inc.                                                 | Long: BS377E9   CDS USD R V 03MEVENT IS377F0 CCPCDX / Short: BS377E9   CDS USD P F  5.00000 IS377E9 CCPCDX                     | CUSIP: 000000000<br>LEI: 5493000F4ZO33MV32P92 | N/A              | DCR              |  | US        |   7524000 | OU      | $-583578.39   | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034A5J5<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077865.00   | 0.18%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JFS0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10540026.00  | 0.93%             | 2055-11-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1045589.10   | 0.09%             | 2028-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034A5B2<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $5891394.23   | 0.52%             | 2029-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Guam Education Financing Foundation                                             | GUAM EDU FING FNDTN COPS                                                                                                       | CUSIP: 40064UBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1045302.32   | 0.09%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oakland Unified School District/Alameda County                                  | OAKLAND CA UNIF SCH DIST ALAMEDA CNTY                                                                                          | CUSIP: 672325P50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $932647.63    | 0.08%             | 2040-08-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $651401.58    | 0.06%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                         | MUNI ELEC AUTH OF GEORGIA                                                                                                      | CUSIP: 626207Y73<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1667322.97   | 0.15%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $501580.13    | 0.04%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | LOS ANGELES CA HARBOR DEPT                                                                                                     | CUSIP: 544552C26<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1407836.63   | 0.12%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UT65<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1448940.49   | 0.13%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SPA6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2360000 | PA      | $2380168.09   | 0.21%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DWW5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10941149.00  | 0.96%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                         | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                                                                      | CUSIP: 072024XT4<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4964191.50   | 0.44%             | 2056-04-01      | Floating      | 2.18%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532DE1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095225.70   | 0.10%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445YE3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1109784.94   | 0.10%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAJ4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1863192 | PA      | $1857845.82   | 0.16%             | 2036-08-20      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMQ5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    805000 | PA      | $825100.45    | 0.07%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA REVENUES                                                                                                    | CUSIP: 91412GW43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1035831.50   | 0.09%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                            | CUSIP: 786107RS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1052875.59   | 0.09%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH MUNI CTFS                                                                                          | CUSIP: 13050WAD3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2867454 | PA      | $2911324.99   | 0.26%             | 2040-11-20      | Variable      | 4.33%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TCP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1699921.29   | 0.15%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East County Advanced Water Purification Joint Powers Authority                  | EAST CNTY ADVANCED WTR PURIFICATION JT PWRS AUTH                                                                               | CUSIP: 271843AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5540618.05   | 0.49%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH MUNI CTFS                                                                                          | CUSIP: 13050WAG6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2022335.20   | 0.18%             | 2041-07-20      | Fixed         | 4.05%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                 | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $734503.28    | 0.06%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469CD8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1835986.19   | 0.16%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032URC4<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1344084.10   | 0.12%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UWV6<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |    750000 | PA      | $820800.98    | 0.07%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024014.00   | 0.09%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DUQ0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1557022.68   | 0.14%             | 2030-05-01      | Fixed         | 2.58%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEVAUTH STUDENT HSG REVENUE                                                                          | CUSIP: 13078RGV6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1243250.20   | 0.11%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                              | ASHLAND KY MED CENTER REVENUE                                                                                                  | CUSIP: 044293BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $265235.98    | 0.02%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAH9<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    500000 | PA      | $532231.65    | 0.05%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sacramento County Water Financing Authority                                     | SACRAMENTO CNTY CA WTR FING AUTH REVENUE                                                                                       | CUSIP: 78615RCV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5700000 | PA      | $5506606.98   | 0.48%             | 2039-06-01      | Floating      | 3.29%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DRU5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3385000 | PA      | $3598737.36   | 0.32%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Contra Costa Transportation Authority Sales Tax Revenue                         | CONTRA COSTA CA TRANSPRTN AUTH SALES TAX REVENUE                                                                               | CUSIP: 21221MFF2<br>LEI: 549300SFTNA7H8BCAM10 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1288703.38   | 0.11%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 5446464Y5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2524835.00   | 0.22%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JFD3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11063685.00  | 0.97%             | 2055-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1282316.50   | 0.11%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 5444452R9<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1050000 | PA      | $1225941.89   | 0.11%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068LW43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1310064.06   | 0.12%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DG77<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011641.90   | 0.09%             | 2026-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT LTD OBLG REVENUE                                                                                                     | CUSIP: 40065HDN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $739282.24    | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Community College District                                            | SAN DIEGO CA CMNTY CLG DIST                                                                                                    | CUSIP: 797272QE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4035452.40   | 0.35%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Middle Fork Project Finance Authority                                           | MIDDLE FORK PROJ FIN AUTH CA                                                                                                   | CUSIP: 59572CAR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1229481.22   | 0.11%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461363L3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1299646.49   | 0.11%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469AM0<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2288899.60   | 0.20%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JDC7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5075303.50   | 0.45%             | 2054-02-01      | Floating      | 4.13%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAH8<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3754910 | PA      | $142757.94    | 0.01%             | 2035-03-25      | Variable      | 0.82%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA REVENUES                                                                                                    | CUSIP: 91412G2B0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4140534.40   | 0.36%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HWK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2430003.40   | 0.21%             | 2040-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068XPU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2645499.00   | 0.23%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Fremont CA Community Facilities District No 1                           | FREMONT CA CMNTY FACS DIST #1                                                                                                  | CUSIP: 357129BY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010403.10   | 0.09%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1130062.91   | 0.10%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                            | SAN DIEGO CA UNIF SCH DIST                                                                                                     | CUSIP: 797356LX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $1035184.50   | 0.09%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DRS0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3689760.86   | 0.32%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                           | CUSIP: 840058WE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2262328.70   | 0.20%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Union High School District                                            | SAN MATEO CA UNION HIGH SCH DIST                                                                                               | CUSIP: 799017A57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1187259.70   | 0.10%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST                                                                                               | CUSIP: 940642GA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $787631.10    | 0.07%             | 2041-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445JL4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4315000 | PA      | $4552261.57   | 0.40%             | 2038-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                    | CUSIP: 38122ND82<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5670000 | PA      | $5269484.81   | 0.46%             | 2050-06-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAE5<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   9228249 | PA      | $9440800.65   | 0.83%             | 2035-11-20      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Middle Fork Project Finance Authority                                           | MIDDLE FORK PROJ FIN AUTH CA                                                                                                   | CUSIP: 59572CAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1180071.09   | 0.10%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                    | CUSIP: 13054WAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1588903.62   | 0.14%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                     | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $152668.60    | 0.01%             | 2031-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JHK5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109615.40   | 0.10%             | 2056-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Bond Finance Authority                                               | LONG BEACH CA BOND FIN AUTH NATURAL GAS PURCHASE REVENUE                                                                       | CUSIP: 54241AAZ6<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $4510583.05   | 0.40%             | 2037-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                            | PUERTO RICO ELEC PWR AUTH PWRREVENUE                                                                                           | CUSIP: 74526QPL0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1736869.76   | 0.15%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4985000 | PA      | $4364032.01   | 0.38%             | 2046-10-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461362B6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1420374.22   | 0.12%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063EGR1<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3220000.00   | 0.28%             | 2053-05-01      | Floating      | 1.05%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp                                               | TOBACCO SETTLEMENT FING CORP NJ                                                                                                | CUSIP: 888808HB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005688.10   | 0.09%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | California Housing Finance Agency                                                                                              | CUSIP: 13033DAK1<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   3167426 | PA      | $137214.48    | 0.01%             | 2036-08-20      | Variable      | 0.77%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544647AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1090858.57   | 0.10%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544647HP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3740000 | PA      | $4435372.22   | 0.39%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp                                        | GOLDEN ST TOBACCO SECURITIZATION CORP CA TOBACCO SETTLEMENT                                                                    | CUSIP: 38122NB50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3165000 | PA      | $2873298.41   | 0.25%             | 2034-06-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445UY3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2192711.13   | 0.19%             | 2040-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  16770000 | PA      | $18136731.52  | 1.60%             | 2054-02-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBT4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1559845.50   | 0.14%             | 2033-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DLU1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  11015000 | PA      | $11780497.34  | 1.04%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT LTD OBLG REVENUE                                                                                                     | CUSIP: 40065HDJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014962.80   | 0.09%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                         | MUNI ELEC AUTH OF GEORGIA                                                                                                      | CUSIP: 626207Y32<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    460000 | PA      | $486090.23    | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469CF3<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1995000 | PA      | $2174679.08   | 0.19%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Department of Education                                                    | GUAM GOVT DEPT OF EDU COPS                                                                                                     | CUSIP: 40065AAG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1246529.62   | 0.11%             | 2030-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS37T10   IRS USD R F  3.51550 IS37T10 CCPOIS / Short: SS37T10   IRS USD P V 00MSOFR IS37T21 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  12400000 | OU      | $119342.38    | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SEV2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4505871.15   | 0.40%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DGE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $445904.12    | 0.04%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TSD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $681236.73    | 0.06%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JCS3<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5326831.50   | 0.47%             | 2054-05-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SYJ7<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    535000 | PA      | $562934.01    | 0.05%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                     | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $128570.63    | 0.01%             | 2030-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST REVENUE                                                                                       | CUSIP: 940204GV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $361153.31    | 0.03%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-De Anza Community College District                                     | FOOTHILL-DE ANZA CA CMNTY CLG DIST                                                                                             | CUSIP: 345102GH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $803143.80    | 0.07%             | 2034-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Village of Bolingbrook IL Sales Tax Revenue                                     | BOLINGBROOK IL SALES TAX REVENUE                                                                                               | CUSIP: 09755LAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3602317 | PA      | $1945250.99   | 0.17%             | 2026-01-01      | Floating      | 6.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $3696592.50   | 0.33%             | 2046-09-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAC9<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   9815287 | PA      | $10219143.11  | 0.90%             | 2033-03-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544647KS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2293245.20   | 0.20%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                            | CUSIP: 120827EC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8865000 | PA      | $9693981.22   | 0.85%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                    | CUSIP: 13054WAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020416.20   | 0.09%             | 2045-11-21      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1047337.20   | 0.09%             | 2056-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEV AUTH CLG HSG REVENUE                                                                             | CUSIP: 13081CAB4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    570000 | PA      | $584496.30    | 0.05%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                            | ROSEVILLE CA SPL TAX                                                                                                           | CUSIP: 777870XQ4<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1045319.70   | 0.09%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SVG6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259324.55    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032U4W5<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6201152.65   | 0.55%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10567118.00  | 0.93%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445P94<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |    265000 | PA      | $300091.09    | 0.03%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445D48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2011174.82   | 0.18%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SVJ0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040653.00   | 0.09%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469CX4<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2321912.58   | 0.20%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063A7D0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1187588.80   | 0.10%             | 2039-10-01      | Fixed         | 7.30%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445SQ3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1863907.07   | 0.16%             | 2035-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                            | CUSIP: 786107WU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1490552.98   | 0.13%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fontana Redevelopment Agency Successor Agency                                   | FONTANA CA REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                              | CUSIP: 34461CAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1824574.33   | 0.16%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                               | CUSIP: 79739GSL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1084367.60   | 0.10%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA REVENUES                                                                                                    | CUSIP: 91412GW76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2552202.58   | 0.22%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                            | CUSIP: 786107WJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2270860.41   | 0.20%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  14250000 | PA      | $15896527.65  | 1.40%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST REVENUE                                                                                       | CUSIP: 940204GW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $281698.15    | 0.02%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                      | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE                                                                            | CUSIP: 120827DX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4623904.35   | 0.41%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS377Y9   IRS USD R V 12MUSCPI IS377Z0 CCPINFLATIONZERO / Short: BS377Y9   IRS USD P F  2.45125 IS377Y9 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  13413000 | OU      | $12733.77     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                | CUSIP: 544525S82<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2336328.49   | 0.21%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middle Fork Project Finance Authority                                           | MIDDLE FORK PROJ FIN AUTH CA                                                                                                   | CUSIP: 59572CAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1774844.61   | 0.16%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JHM1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2179497.40   | 0.19%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency VIII                                                | CMFA SPL FIN AGY VIII CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 12574VAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $320046.86    | 0.03%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                    | CUSIP: 13054WAP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2465000 | PA      | $2555202.48   | 0.22%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                               | CALIFORNIA HSG FIN AGY MUNI CTFS                                                                                               | CUSIP: 13033DAG0<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   7509821 | PA      | $7848689.29   | 0.69%             | 2035-03-25      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAL0<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    600000 | PA      | $632452.32    | 0.06%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBN7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2247552.38   | 0.20%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                     | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $197171.20    | 0.02%             | 2034-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048V2K3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    410000 | PA      | $463354.74    | 0.04%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532LU6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1606552.17   | 0.14%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532PZ1<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5654184.50   | 0.50%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SPB4<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1244058.90   | 0.11%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Riverside CA                                                          | RIVERSIDE CNTY CA TEETER OBLIG                                                                                                 | CUSIP: 76914CAD0<br>LEI: 254900CB5HEOBAVTY629 | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2786859.37   | 0.25%             | 2026-10-16      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| City of Santa Rosa CA Wastewater Revenue                                        | SANTA ROSA CA WSTWTR REVENUE                                                                                                   | CUSIP: 802649LW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2764078.80   | 0.24%             | 2029-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $868965.20    | 0.08%             | 2043-07-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                         | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                                                                      | CUSIP: 072024XU1<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |  13415000 | PA      | $13230473.99  | 1.16%             | 2056-04-01      | Floating      | 2.29%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DWM7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $15138128.20  | 1.33%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Santa Barbara CA                                                      | SANTA BARBARA CNTY CA SOLID WASTE SYS REVENUE COPS                                                                             | CUSIP: 80136PCP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1169819.31   | 0.10%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                         | Freddie Mac Multifamily ML Certificates                                                                                        | CUSIP: 3137H9JP5<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   2479753 | PA      | $134348.07    | 0.01%             | 2036-07-25      | Variable      | 0.96%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | LOS ANGELES CA HARBOR DEPT                                                                                                     | CUSIP: 544552C67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2330000 | PA      | $2697442.17   | 0.24%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DWN5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2246362.76   | 0.20%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063A5G5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1235487.50   | 0.11%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                   | CUSIP: 74528LAE1<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1924722.35   | 0.17%             | 2040-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1631260.50   | 0.14%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2033118.20   | 0.18%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469AQ1<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2237271.00   | 0.20%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                | CUSIP: 544525Y93<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10868828.00  | 0.96%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMS1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    320000 | PA      | $337334.05    | 0.03%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $159260.89    | 0.01%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048V2L1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    720000 | PA      | $809704.94    | 0.07%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency                                             | CALIFORNIA CMNTY HSG AGY ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 13013FAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4450000 | PA      | $3588645.10   | 0.32%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Fremont Union High School District                                              | FREMONT CA UNION HIGH SCH DIST SANTA CLARA CNTY                                                                                | CUSIP: 357172M44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012747.00   | 0.09%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                                                                             | CUSIP: 13069ABC1<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038096.60   | 0.18%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Earthquake Authority                                                 | CALIFORNIA ST EARTHQUAKE AUTH                                                                                                  | CUSIP: 13017HAP1<br>LEI: 254900P2MGLOUH3QS859 | Long             | DBT              | MUN               | US        |   1520000 | PA      | $1538499.92   | 0.14%             | 2027-07-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| San Mateo Union High School District                                            | SAN MATEO CA UNION HIGH SCH DIST                                                                                               | CUSIP: 799017A24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1830000 | PA      | $2052942.68   | 0.18%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DLV9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066517.40   | 0.09%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Union High School District                                            | SAN MATEO CA UNION HIGH SCH DIST                                                                                               | CUSIP: 799017ZZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1258889.59   | 0.11%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA REVENUES                                                                                                    | CUSIP: 91412GW50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3107507.40   | 0.27%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5620000 | PA      | $5810426.39   | 0.51%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068XAF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7297019.80   | 0.64%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS377M7   IRS USD R V 00MSOFR IS377N8 CCPOIS / Short: BS377M7   IRS USD P F  3.54300 IS377M7 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   6200000 | OU      | $-18719.20    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DUE7<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1685590.95   | 0.15%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048V2P2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    500000 | PA      | $552585.80    | 0.05%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469DE5<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2501414.65   | 0.22%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS377K5   IRS USD R F  4.09150 IS377K5 CCPOIS / Short: SS377K5   IRS USD P V 00MSOFR IS377L6 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2000000 | OU      | $76754.42     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034AN48<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3994878.00   | 0.35%             | 2050-12-01      | Floating      | 2.58%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                            | ROSEVILLE CA SPL TAX                                                                                                           | CUSIP: 777870XS0<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1334412.03   | 0.12%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048V2S6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1499922.78   | 0.13%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UT73<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1128002.20   | 0.10%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | California Municipal Finance Authority                                                                                         | CUSIP: 13050WAJ0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | ABS-MBS          | CORP              | US        |   1000000 | PA      | $1032219.10   | 0.09%             | 2043-12-20      | Variable      | 10.02%                | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                 | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $822265.36    | 0.07%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                            | CUSIP: 786107WV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2521885.05   | 0.22%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMP7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    770000 | PA      | $777076.61    | 0.07%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2009496.29   | 0.18%             | 2046-12-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SS96<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2771545.68   | 0.24%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAP1<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1431137.26   | 0.13%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445WP0<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   6160000 | PA      | $6214795.66   | 0.55%             | 2041-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                     | WASHINGTON ST HLTH CARE FACS AUTH                                                                                              | CUSIP: 93978HVJ1<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |    825000 | PA      | $890084.66    | 0.08%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                        | MET PIER & EXPOSITION AUTH IL REVENUE                                                                                          | CUSIP: 592250CN2<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3308991.40   | 0.29%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                            | CUSIP: 786107RX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5178586.50   | 0.46%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                 | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $537702.40    | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1030296.25   | 0.09%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DRT8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   3275000 | PA      | $3492844.49   | 0.31%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Roseville CA                                                            | ROSEVILLE CA SPL TAX                                                                                                           | CUSIP: 777870WD4<br>LEI: 549300OH100KESVPND17 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1004226.34   | 0.09%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                 | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $986939.80    | 0.09%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nuveen California AMT-Free Quality Municipal Income Fund                        | Nuveen California AMT-Free Quality Municipal Income Fund                                                                       | CUSIP: 670651868<br>LEI: 5493005SR7RRUAG9VK19 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.44%             | 2047-10-01      | Floating      | 2.33%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH REVENUE                                                                                             | CUSIP: 13057EDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1550755.50   | 0.14%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445R50<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3313899.90   | 0.29%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                        | RIVER ISLANDS CA PUBLIC FING AUTH SPL TAX                                                                                      | CUSIP: 76827QHC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2905000 | PA      | $2999163.25   | 0.26%             | 2037-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of Fort Wayne IN                                                           | FORT WAYNE IN ECON DEV SOLID WST FAC REVENUE                                                                                   | CUSIP: 34924CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     24608 | PA      | $2.46         | 0.00%             | 2029-12-01      | Fixed         | 10.75%                | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST                                                                                               | CUSIP: 940642GC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $384386.27    | 0.03%             | 2043-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Washington Township Health Care District                                        | WASHINGTON TWP CA HLTH CARE DIST REVENUE                                                                                       | CUSIP: 940204GU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $374127.62    | 0.03%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064REE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $810978.88    | 0.07%             | 2027-10-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                       | CUSIP: 40065NCZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1345419.00   | 0.12%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UBC1<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6032235.00   | 0.53%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HQZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20121980.00  | 1.77%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAQ9<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1038513.90   | 0.09%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UBD9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7037679.60   | 0.62%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency                                 | CALIFORNIA CNTY CA TOBACCO SECURITIZATION AGY TOBACCO SETTLE                                                                   | CUSIP: 13016NEQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $319052.85    | 0.03%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1276760.55   | 0.11%             | 2047-05-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                  | SACRAMENTO CNTY CA ARPT SYS REVENUE                                                                                            | CUSIP: 786107WZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1645658.55   | 0.14%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT                                                                                                                      | CUSIP: 40065BCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $377470.65    | 0.03%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461363J8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2730771.34   | 0.24%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS377G1   IRS USD R V 00MSOFR IS377H2 CCPOIS / Short: BS377G1   IRS USD P F  3.27150 IS377G1 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   3670000 | OU      | $65273.89     | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445A66<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1031371.70   | 0.09%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | LOS ANGELES CA HARBOR DEPT                                                                                                     | CUSIP: 544552B84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1403087.30   | 0.12%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAJ5<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1007212.04   | 0.09%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445A82<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081294.80   | 0.10%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Los Angeles                                                             | LOS ANGELES CA HARBOR DEPT                                                                                                     | CUSIP: 544552B92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2334325.49   | 0.21%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                          | LOS ANGELES CA UNIF SCH DIST                                                                                                   | CUSIP: 544647HM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1802872.38   | 0.16%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saugus/Hart School Facilities Financing Authority                               | SAUGUS/HART CA SCH FACS FING AUTH SPL TAX                                                                                      | CUSIP: 804208CF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009511.80   | 0.09%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Anaheim Public Financing Authority                                              | ANAHEIM CA PUBLIC FING AUTH LEASE REVENUE                                                                                      | CUSIP: 03255LBR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3061808.05   | 0.27%             | 2031-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA ST STWD CMNTYS DEVAUTH POLL CONTROL REVENUE                                                                         | CUSIP: 13078HBA9<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   6700000 | PA      | $7178505.29   | 0.63%             | 2033-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JHG4<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   5800000 | PA      | $6495653.74   | 0.57%             | 2056-10-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport    | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV                                                                          | CUSIP: 79766DWR6<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5860000 | PA      | $6586046.38   | 0.58%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445XZ7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1349818.73   | 0.12%             | 2036-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Santa Barbara CA                                                      | SANTA BARBARA CNTY CA SOLID WASTE SYS REVENUE COPS                                                                             | CUSIP: 80136PCR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2912518.07   | 0.26%             | 2032-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily                                                         | Freddie Mac Multifamily ML Certificates                                                                                        | CUSIP: 35833JAK3<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   4709553 | PA      | $3886539.62   | 0.34%             | 2038-01-25      | Fixed         | 2.03%                 | No            |                  2 | On Loan: No      |
| County of Osceola FL Transportation Revenue                                     | OSCEOLA CNTY FL TRANSPRTN REVENUE                                                                                              | CUSIP: 688031EM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $79381.07     | 0.01%             | 2032-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                                                                        | CUSIP: 6461362D2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   6660000 | PA      | $6709802.81   | 0.59%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445R84<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   4735000 | PA      | $5341141.08   | 0.47%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063EBQ8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2130949.20   | 0.19%             | 2034-09-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                | CUSIP: 544525Z35<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1149832.70   | 0.10%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Public Utilities Commission Wastewater Revenue      | SAN FRANCISCO CITY & CNTY CA PUBLIC UTILS COMMISSION WSTWTR                                                                    | CUSIP: 79768HJN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2691409.17   | 0.24%             | 2027-10-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                    | LOS ANGELES CA DEPT OF WTR & PWR WTRWKS REVENUE                                                                                | CUSIP: 544525Z43<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1515519.46   | 0.13%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068XHA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5074710.00   | 0.45%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1216277.24   | 0.11%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                    | CUSIP: 02936TAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1057569.10   | 0.09%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT LTD OBLG REVENUE                                                                                                     | CUSIP: 40065HDQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $682950.56    | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $300343.45    | 0.03%             | 2040-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                 | KENTUCKY ST ECON DEV FIN AUTH                                                                                                  | CUSIP: 49126KJX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3569334.65   | 0.31%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE                                                                     | CUSIP: 345105HZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2340166.20   | 0.21%             | 2035-01-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                                                                                     | CUSIP: 74442PMR3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    700000 | PA      | $728682.01    | 0.06%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                        | UNIV OF CALIFORNIA CA REVENUES                                                                                                 | CUSIP: 91412HXA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $5087662.62   | 0.45%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068XPT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2244423.00   | 0.20%             | 2044-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                                                                                          | CUSIP: 40065KAQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $822888.04    | 0.07%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE                                                                     | CUSIP: 345105JH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3226123.99   | 0.28%             | 2046-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3110484.21   | 0.27%             | 2041-08-01      | Fixed         | 2.88%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3331704.40   | 0.29%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Pollution Control Financing Authority                                | CALIFORNIA ST POLL CONTROL FING AUTH WTR FURNISHING REVENUE                                                                    | CUSIP: 13054WAN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3012486.36   | 0.27%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                               | CUSIP: 79739GNG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1169699.93   | 0.10%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New River Community Development District                                        | NEW RIVER FL CDD CAPITAL IMPT REVENUE                                                                                          | CUSIP: 648466AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $4.05         | 0.00%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saugus/Hart School Facilities Financing Authority                               | SAUGUS/HART CA SCH FACS FING AUTH SPL TAX                                                                                      | CUSIP: 804208CG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1377778.31   | 0.12%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yucaipa Valley Water District Financing Authority                               | YUCAIPA VLY WTR DIST FING AUTH REVENUE                                                                                         | CUSIP: 98840BBG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10013803.00  | 0.88%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT HOTEL OCCUPANCY TAX REVENUE                                                                                          | CUSIP: 40065KAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    955000 | PA      | $1008017.11   | 0.09%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bay Area Toll Authority                                                         | BAY AREA CA TOLL AUTH TOLL BRIDGE REVENUE                                                                                      | CUSIP: 072024YY2<br>LEI: 5493001FUZGUQMIP5D78 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000000.00   | 0.09%             | 2059-04-01      | Floating      | 1.25%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS377W7   IRS USD R V 12MUSCPI IS377X8 CCPINFLATIONZERO / Short: BS377W7   IRS USD P F  2.48500 IS377W7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  17250000 | OU      | $-12225.25    | -0.00%            |  |  |  | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                | TAMPA FL CAPITAL IMPT CIGARETTE TAX ALLOCATION                                                                                 | CUSIP: 875146AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $136763.99    | 0.01%             | 2033-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $663536.40    | 0.06%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292AN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2639671.20   | 0.23%             | 2045-07-01      | Fixed         | 3.10%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                           | CUSIP: 840058WD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3565290.57   | 0.31%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469DG0<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1349458.68   | 0.12%             | 2044-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532LV4<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2055000 | PA      | $2332175.73   | 0.21%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CA PUBLIC PWR AUTH REVENUE                                                                                               | CUSIP: 84247PND9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3765644.05   | 0.33%             | 2055-04-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SNM2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3257240.68   | 0.29%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SPG3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2135000 | PA      | $2158415.40   | 0.19%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TBQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $570172.48    | 0.05%             | 2028-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH SPL FAC REVENUE                                                                                    | CUSIP: 13050RAA0<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   9900000 | PA      | $10092883.68  | 0.89%             | 2029-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SWN0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1838302.92   | 0.16%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                             | CALIFORNIA ST SCH FIN AUTH CHRT SCH REVENUE                                                                                    | CUSIP: 13058TRL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052389.40   | 0.09%             | 2042-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080SYH1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    720000 | PA      | $740169.22    | 0.07%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Compton Community Redevelopment Agency Successor Agency                         | COMPTON CA CMNTY REDEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                        | CUSIP: 204713AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3925000 | PA      | $4462621.77   | 0.39%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469DH8<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1926998.39   | 0.17%             | 2045-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1367255.60   | 0.12%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532FQ2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2741318.25   | 0.24%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068LW35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2063985.20   | 0.18%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                       | CUSIP: 40065NCP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095243.30   | 0.10%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Mateo Joint Powers Financing Authority                                      | SAN MATEO CNTY CA JT PWRS FING AUTH LEASE REVENUE                                                                              | CUSIP: 79904NGX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3310000 | PA      | $3346745.97   | 0.29%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                                                                               | CUSIP: 79739GNE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5245000 | PA      | $5547361.66   | 0.49%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3325000 | PA      | $2921541.84   | 0.26%             | 2047-04-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: BS37JR6   IRS USD R V 00MSOFR IS37JS7 CCPOIS / Short: BS37JR6   IRS USD P F  3.52100 IS37JR6 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  11700000 | OU      | $12050.17     | 0.00%             |  |  |  | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                         | MUNI ELEC AUTH OF GEORGIA                                                                                                      | CUSIP: 626207Y65<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    250000 | PA      | $262808.10    | 0.02%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UMX3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   1215000 | PA      | $1246767.39   | 0.11%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                               | GUAM GOVT LTD OBLG REVENUE                                                                                                     | CUSIP: 40065HDM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    455000 | PA      | $460909.31    | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Commonwealth Aqueduct & Sewer Authority                             | PUERTO RICO CMWLTH AQUEDUCT & SWR AUTH REVENUE                                                                                 | CUSIP: 745160SG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $2601412.83   | 0.23%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH MF HSG REVENUE                                                                                     | CUSIP: 130483KW9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000440.80   | 0.18%             | 2046-03-01      | Floating      | 2.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445CN7<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1484607.46   | 0.13%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1543241.10   | 0.14%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068LW27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2065035.00   | 0.18%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                                                                           | CUSIP: 13034A5G1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2505449.18   | 0.22%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JHJ8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2252328.80   | 0.20%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coronado Community Development Agency Successor Agency                          | CORONADO CA CMNTY DEV AGY SUCCESSOR AGY TAX ALLOCATION                                                                         | CUSIP: 21977AAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $675906.19    | 0.06%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                               | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064REX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    960000 | PA      | $997660.80    | 0.09%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Joaquin Valley Clean Energy Authority                                       | SAN JOAQUIN VLY CLEAN ENERGY AUTH CA CLEAN ENERGY REVENUE                                                                      | CUSIP: 79811YAK4<br>LEI: 254900VA5DFN33OVGH87 | Long             | DBT              | MUN               | US        |   7120000 | PA      | $8109433.65   | 0.71%             | 2056-01-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| California State University                                                     | CALIFORNIA ST UNIV REVENUE                                                                                                     | CUSIP: 13077DMP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1421673.60   | 0.13%             | 2028-11-01      | Fixed         | 1.49%                 | No            |                  2 | On Loan: No      |
| LCH Ltd.                                                                        | Long: SS37824   IRS USD R F  4.05300 IS37824 CCPOIS / Short: SS37824   IRS USD P V 00MSOFR IS37835 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |  10000000 | OU      | $395035.53    | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JAP1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4435000 | PA      | $4607359.18   | 0.41%             | 2052-02-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE                                                                    | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10746832.00  | 0.95%             | 2054-01-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                | CALIFORNIA ST HLTH FACS FING AUTH REVENUE                                                                                      | CUSIP: 13032UBB3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6516766.75   | 0.57%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Northern California                         | TOBACCO SECURITIZATION AUTH NTHRN CA TOBACCO SETTLEMENT REVE                                                                   | CUSIP: 888794BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1416796.42   | 0.12%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                 | TRANSBAY JT POWERS AUTH CA                                                                                                     | CUSIP: 89356CAN6<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |    800000 | PA      | $836228.80    | 0.07%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445GP8<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3235419.90   | 0.28%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068XLP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2106009.00   | 0.19%             | 2032-04-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH MUNI CTFS                                                                                          | CUSIP: 13050WAA9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3570561 | PA      | $3456836.35   | 0.30%             | 2041-02-20      | Variable      | 3.54%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445RD3<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   2655000 | PA      | $2833623.36   | 0.25%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                           | CUSIP: 840058WF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1113548.60   | 0.10%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532NV2<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2265609.80   | 0.20%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sweetwater Union High School District                                           | SWEETWATER CA UNION HIGH SCH DIST                                                                                              | CUSIP: 870462RY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3212645.21   | 0.28%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                          | CALIFORNIA STWD CMNTYS DEV AUTH REVENUE                                                                                        | CUSIP: 13080ST53<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $3041090.19   | 0.27%             | 2044-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   1680000 | PA      | $1241991.24   | 0.11%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                    | CUSIP: 02936TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $491168.80    | 0.04%             | 2028-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                      | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                                                                                      | CUSIP: 544445QV4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5508823.00   | 0.48%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532MP6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1191789.86   | 0.10%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                                                                                 | CUSIP: 126292BL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1743867.80   | 0.15%             | 2047-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| State of California                                                             | CALIFORNIA ST                                                                                                                  | CUSIP: 13063DLU0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |    615000 | PA      | $660888.66    | 0.06%             | 2037-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Howard Bend Levee District                                                      | HOWARD BEND MO LEVEE DIST                                                                                                      | CUSIP: 442499CE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $154053.81    | 0.01%             | 2027-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| California State Public Works Board                                             | CALIFORNIA ST PUBLIC WKS BRD LEASE REVENUE                                                                                     | CUSIP: 13068XAU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10073703.00  | 0.89%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                                                                            | CUSIP: 13048TF99<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004044.80   | 0.09%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                      | STHRN CALIFORNIA ST PUBLIC PWR AUTH STHRN TRANSMISSION SYSTE                                                                   | CUSIP: 842469AL2<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2645000 | PA      | $3042096.76   | 0.27%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lendbuzz Securitization Trust                                                   | Lendbuzz Securitization Trust 2023-1                                                                                           | CUSIP: 52608LAB6<br>LEI: N/A                  | Long             | ABS-O            | CORP              | US        |    387492 | PA      | $391889.98    | 0.03%             | 2028-08-15      | Fixed         | 6.92%                 | No            |                  2 | On Loan: No      |
| River Islands Public Financing Authority                                        | RIVER ISLANDS CA PUBLIC FING AUTH SPL TAX                                                                                      | CUSIP: 76827QHD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2510000 | PA      | $2604754.26   | 0.23%             | 2042-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                         | LOS ANGELES CA DEPT OF WTR & PWR REVENUE                                                                                       | CUSIP: 544532LT9<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2306542.60   | 0.20%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Ashland KY                                                              | ASHLAND KY MED CENTER REVENUE                                                                                                  | CUSIP: 044293BS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $172599.04    | 0.02%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fannie Mae - CAS                                                                | Fannie Mae Connecticut Avenue Securities                                                                                       | CUSIP: 30711XCB8<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      1138 | PA      | $1142.22      | 0.00%             | 2028-09-25      | Floating      | 9.78%                 | No            |                  2 | On Loan: No      |
| South San Francisco Unified School District                                     | SOUTH SAN FRANCISCO CA UNIF SCH DIST                                                                                           | CUSIP: 840058WG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1912882.50   | 0.17%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                   | CUSIP: 74528LAC5<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1145573.70   | 0.10%             | 2045-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |

### Signature

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

**Name of Applicant:** AB Active ETFs, Inc.

**Signature:** Stephen Woetzel

**Name of Signer:** Stephen Woetzel

**Title:** Controller