# EDGAR Filing Document

**Accession Number:** 0000311101
**File Stem:** 0001145549-23-004802
**Filing Date:** 2023-1
**Character Count:** 68304
**Document Hash:** d5a7fb3c16beef7cf51f50a3464d3bcb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-004802.hdr.sgml**: 20230131

**ACCESSION NUMBER**: 0001145549-23-004802

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221231

**FILED AS OF DATE**: 20230131

**DATE AS OF CHANGE**: 20230131

**PERIOD START**: 20230630

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** DUPREE MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000311101
- **IRS NUMBER:** 610954630
- **STATE OF INCORPORATION:** KY
- **FISCAL YEAR END:** 0630

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02918
- **FILM NUMBER:** 23570833

**BUSINESS ADDRESS:**
- **STREET 1:** 125 S MILL
- **STREET 2:** P O BOX 1149
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40507
- **BUSINESS PHONE:** 8592547741

**MAIL ADDRESS:**
- **STREET 1:** 125 SOUTH MILL STREET VINCE CENTER
- **STREET 2:** SUITE 100
- **CITY:** LEXINGTON
- **STATE:** KY
- **ZIP:** 40507

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** KENTUCKY TAX FREE INCOME FUND INC
- **DATE OF NAME CHANGE:** 19870716

## Series and Classes Contracts Data

### North Carolina Tax-Free Income Series (Series ID: S000012002)

| Class ID   | Class Name                            | Ticker Symbol   |
|:---|:---|:---|
| C000032730 | North Carolina Tax-Free Income Series | NTFIX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Dupree Mutual Funds

- **b. Investment Company Act file number:** 811-02918

- **c. CIK number of Registrant:** 0000311101

- **d. LEI of Registrant:** 549300S8YVGTJ1NMTW57

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

  - **Street Address 1:** 125 South Mill Street

  - **City:** Lexington

  - **State:** KY

  - **Foreign country:** US

  - **Zip / Postal Code:** 40507

  - **Telephone number:** 859-254-7741

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

- **a. Name of Series:** North Carolina Tax-Free Income Series

- **b. EDGAR series identifier (if any):** S000012002

- **c. LEI of Series:** 549300L1B850MUN5FK63

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

- **a. Date of fiscal year-end:** 2023-06-30

- **b. Date as of which information is reported:** 2022-12-31

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $121941935.55

**Total Liabilities:** $857243.00

**Net Assets:** $121084692.55

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 90.779077067164 | **1-Year:** 7689.880208471186 | **5-Year:** 29092.146257769507 | **10-Year:** 23455.390242447454 | **30-Year:** 11024.697428811647

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

- **3-Month:** 0.000000000000 | **1-Year:** 48.437616105791 | **5-Year:** 729.225649068400 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000032730 | -0.67%               | 4.83%                | 0.20%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-107523.36              | $-924090.63                                |
| Month 2  | $-670900.29              | $6211720.67                                |
| Month 3  | $-151225.23              | $156999.22                                 |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| BUNCOMBE CNTY N C                                 | NC BUNOBL 5 06/01/2033    | CUSIP: 120525FM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $631092.00    | 0.52%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUNCOMBE CNTY N C                                 | NC BUNOBL 5 06/01/2034    | CUSIP: 120525FN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $383213.50    | 0.32%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WILMINGTON N C                                    | NC WMGGEN 3 06/01/2041    | CUSIP: 971697JE8<br>LEI: 549300Y5IY4G3QB69428 | Long             | DBT              | MUN               | US        |    370000 | PA      | $312283.70    | 0.26%             | 2041-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PENDER CNTY N C                                   | NC PEN 3 06/01/2038       | CUSIP: 706716CG0<br>LEI: 549300TW9ZHCIKDLQB34 | Long             | DBT              | MUN               | US        |    490000 | PA      | $421728.30    | 0.35%             | 2038-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| PENDER CNTY N C                                   | NC PEN 3 06/01/2045       | CUSIP: 706716CJ4<br>LEI: 549300TW9ZHCIKDLQB34 | Long             | DBT              | MUN               | US        |    500000 | PA      | $382965.00    | 0.32%             | 2045-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| DAVIDSON CNTY N C                                 | NC DAV 4 06/01/2037       | CUSIP: 238603CF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202560.00    | 0.17%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DAVIDSON CNTY N C                                 | NC DAV 4 06/01/2038       | CUSIP: 238603CG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $241680.00    | 0.20%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DAVIDSON CNTY N C                                 | NC DAV 4 06/01/2040       | CUSIP: 238603CJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $635793.75    | 0.53%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DURHAM N C CAP FING CORP                          | NC DHMGEN 4 06/01/2037    | CUSIP: 266780EF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    270000 | PA      | $274506.30    | 0.23%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DURHAM N C CAP FING CORP                          | NC DHMGEN 4 06/01/2038    | CUSIP: 266780EG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252072.50    | 0.21%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DURHAM N C                                        | NC DUR 4 04/01/2036       | CUSIP: 26678PFG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021350.00   | 0.84%             | 2036-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HARNETT CNTY N C                                  | NC HARGEN 4 10/01/2038    | CUSIP: 41333TBU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $1034385.30   | 0.85%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HENDERSON CNTY N C                                | NC HENOBG 5 10/01/2030    | CUSIP: 424898BN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $265830.00    | 0.22%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HENDERSON CNTY N C                                | NC HENOBG 5 10/01/2031    | CUSIP: 424898BP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531385.00    | 0.44%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOKE CNTY N C                                     | NC HOKGEN 3 06/01/2039    | CUSIP: 434682AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1065000 | PA      | $898625.70    | 0.74%             | 2039-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| HOKE CNTY N C                                     | NC HOKGEN 3 06/01/2040    | CUSIP: 434682AV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $621540.00    | 0.51%             | 2040-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KANNAPOLIS N C                                    | NC KANGEN 5 04/01/2032    | CUSIP: 484580BE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $512805.00    | 0.42%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MOORE CNTY N C                                    | NC MOO 3 06/01/2039       | CUSIP: 617762CG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $300153.00    | 0.25%             | 2039-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ONSLOW CNTY N C                                   | NC ONS 5 06/01/2032       | CUSIP: 68285TBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $526990.00    | 0.44%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY N C                                   | NC ORA 4 10/01/2036       | CUSIP: 684566BN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $382777.50    | 0.32%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY N C                                   | NC ORA 4 10/01/2037       | CUSIP: 684566BP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $379860.00    | 0.31%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY N C                                   | NC ORA 4 10/01/2038       | CUSIP: 684566BQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277255.00    | 0.23%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY N C                                   | NC ORA 4 10/01/2039       | CUSIP: 684566BR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200342.00    | 0.17%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY N C                                   | NC ORA 4 10/01/2038       | CUSIP: 684566CL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    765000 | PA      | $771273.00    | 0.64%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH N C                                       | NC RALGEN 5 10/01/2034    | CUSIP: 751120CC8<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1471531.80   | 1.22%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANDOLPH CNTY N C                                 | NC RAN 4 10/01/2036       | CUSIP: 752598DT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253537.50    | 0.21%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RANDOLPH CNTY N C                                 | NC RAN 4 10/01/2037       | CUSIP: 752598DU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249160.00    | 0.21%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RANDOLPH CNTY N C                                 | NC RAN 4 10/01/2038       | CUSIP: 752598DV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $659950.00    | 0.55%             | 2038-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RANDOLPH CNTY N C                                 | NC RAN 4 10/01/2039       | CUSIP: 752598DW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $489800.00    | 0.40%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SURRY CNTY N C                                    | NC SRRGEN 3 10/01/2038    | CUSIP: 86888UCG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $337476.15    | 0.28%             | 2038-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SURRY CNTY N C                                    | NC SRRGEN 3 10/01/2039    | CUSIP: 86888UCH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $833140.00    | 0.69%             | 2039-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SURRY CNTY N C                                    | NC SRRGEN 3 10/01/2041    | CUSIP: 86888UCK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $912131.40    | 0.75%             | 2041-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| THOMASVILLE N C                                   | NC THO 4 05/01/2036       | CUSIP: 884708AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506215.00    | 0.42%             | 2036-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ASHEVILLE N C                                     | NC ASHGEN 3 04/01/2041    | CUSIP: 044037CB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $210870.00    | 0.17%             | 2041-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BUNCOMBE CNTY N C                                 | NC BUNOBL 5 06/01/2035    | CUSIP: 120525FU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047510.00   | 0.87%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHATHAM CNTY N C                                  | NC CHM 5 11/01/2032       | CUSIP: 16207RCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $877602.00    | 0.72%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE N C                                        | NC MONGEN 4 03/01/2033    | CUSIP: 611199AS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $260474.85    | 0.22%             | 2033-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONROE N C                                        | NC MONGEN 5 03/01/2039    | CUSIP: 611199AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1303437.50   | 1.08%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKINGHAM CNTY N C                               | NC ROC 4.5 04/01/2032     | CUSIP: 773426BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513780.00    | 0.42%             | 2032-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SAMPSON CNTY N C                                  | NC SAM 4 09/01/2036       | CUSIP: 79588VBP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000380.00   | 0.83%             | 2036-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAMPSON CNTY N C                                  | NC SAM 4 09/01/2037       | CUSIP: 79588VBQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497780.00    | 0.41%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNION CNTY N C                                    | NC UNIGEN 5 12/01/2024    | CUSIP: 906409AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $130387.50    | 0.11%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CNTY N C                                | NC BRU 5 06/01/2030       | CUSIP: 117073BN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263915.00    | 0.22%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CNTY N C                                | NC BRU 5 06/01/2031       | CUSIP: 117073BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $263855.00    | 0.22%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUNCOMBE CNTY N C                                 | NC BUNOBL 4 06/01/2036    | CUSIP: 120525HJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128063.75    | 0.11%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY N C                                    | NC BRKCTF 4 04/01/2034    | CUSIP: 121358AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255682.50    | 0.21%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CABARRUS CNTY N C                                 | NC CAB 5 04/01/2035       | CUSIP: 12677RBZ9<br>LEI: 549300HVGPJDNBDPZV71 | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1524170.90   | 1.26%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CABARRUS CNTY N C                                 | NC CAB 4 06/01/2035       | CUSIP: 12677RCU9<br>LEI: 549300HVGPJDNBDPZV71 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1694368.50   | 1.40%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATHAM CNTY N C                                  | NC CHM 4 11/01/2036       | CUSIP: 16207RDN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $762075.00    | 0.63%             | 2036-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHATHAM CNTY N C                                  | NC CHM 4 11/01/2037       | CUSIP: 16207RDP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020680.00   | 1.67%             | 2037-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DAVIDSON CNTY N C                                 | NC DAV 5 06/01/2032       | CUSIP: 238603BK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536975.00    | 0.44%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUPLIN CNTY N C                                   | NC DUPOBL 5 04/01/2032    | CUSIP: 266122BL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $796605.00    | 0.66%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DUPLIN CNTY N C                                   | NC DUPOBL 5 04/01/2034    | CUSIP: 266122BN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $914062.80    | 0.75%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HENDERSON CNTY N C                                | NC HENOBG 4 06/01/2037    | CUSIP: 424898EX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760567.50    | 0.63%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HENDERSON CNTY N C                                | NC HENOBG 4 06/01/2038    | CUSIP: 424898EY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503500.00    | 0.42%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ONSLOW CNTY N C                                   | NC ONS 5 06/01/2033       | CUSIP: 68285TBY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $527110.00    | 0.44%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PITT CNTY N C                                     | NC PIT 4 04/01/2031       | CUSIP: 724505DY5<br>LEI: 549300NRI6XE7BEE9A08 | Long             | DBT              | MUN               | US        |    500000 | PA      | $517785.00    | 0.43%             | 2031-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PITT CNTY N C                                     | NC PIT 4 04/01/2034       | CUSIP: 724505EB4<br>LEI: 549300NRI6XE7BEE9A08 | Long             | DBT              | MUN               | US        |    550000 | PA      | $564443.00    | 0.47%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RANDOLPH CNTY N C                                 | NC RAN 4 10/01/2037       | CUSIP: 752598CZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $249160.00    | 0.21%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RANDOLPH CNTY N C                                 | NC RAN 4 10/01/2039       | CUSIP: 752598DB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $342860.00    | 0.28%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RANDOLPH CNTY N C                                 | NC RAN 3 10/01/2036       | CUSIP: 752598EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $288639.00    | 0.24%             | 2036-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RUTHERFORD CNTY N C                               | NC RUTGEN 4 03/01/2037    | CUSIP: 783237BG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $412779.80    | 0.34%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RUTHERFORD CNTY N C                               | NC RUTGEN 4 03/01/2039    | CUSIP: 783237BJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $493525.00    | 0.41%             | 2039-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RUTHERFORD CNTY N C                               | NC RUTGEN 4 03/01/2040    | CUSIP: 783237BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $317479.50    | 0.26%             | 2040-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SAMPSON CNTY N C                                  | NC SAM 5 12/01/2033       | CUSIP: 79588VAS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2075527.50   | 1.71%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAMPSON CNTY N C                                  | NC SAM 5 09/01/2040       | CUSIP: 79588VBR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $788467.50    | 0.65%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCOTLAND CNTY N C                                 | NC SCO 4.5 12/01/2036     | CUSIP: 809323BN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1188193.50   | 0.98%             | 2036-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| SURRY CNTY N C                                    | NC SRRGEN 4 06/01/2034    | CUSIP: 86888UBK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $361399.50    | 0.30%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SURRY CNTY N C                                    | NC SRRGEN 4 06/01/2036    | CUSIP: 86888UBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $599339.70    | 0.49%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SURRY CNTY N C                                    | NC SRRGEN 4 06/01/2037    | CUSIP: 86888UBN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $735745.10    | 0.61%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WAKE CNTY N C                                     | NC WAK 4 09/01/2037       | CUSIP: 930876ES2<br>LEI: 5493007XQJHO082P1H29 | Long             | DBT              | MUN               | US        |    750000 | PA      | $763605.00    | 0.63%             | 2037-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY N C                                    | NC WAY 4 06/01/2034       | CUSIP: 945863PZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538475.00   | 1.27%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WILKES CNTY N C                                   | NC WILGEN 5 06/01/2031    | CUSIP: 968389AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $367213.00    | 0.30%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST                                 | NC NCSGEN 4 05/01/2035    | CUSIP: 65829QEL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $103863.00    | 0.09%             | 2035-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHACTF 5 12/01/2029    | CUSIP: 161037A89<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    340000 | PA      | $340350.20    | 0.28%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHACTF 4 06/01/2037    | CUSIP: 161037Y59<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    500000 | PA      | $507345.00    | 0.42%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHACTF 4 06/01/2039    | CUSIP: 161037Y75<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005040.00   | 0.83%             | 2039-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHACTF 4 06/01/2036    | CUSIP: 161037Z58<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020990.00   | 0.84%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHACTF 4 06/01/2037    | CUSIP: 161037Z66<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3044070.00   | 2.51%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHACTF 5 06/01/2033    | CUSIP: 161037G75<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    840000 | PA      | $848643.60    | 0.70%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHACTF 5 06/01/2034    | CUSIP: 161037N93<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    750000 | PA      | $791025.00    | 0.65%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAMPSON CNTY N C WTR & SWR DIST II                | NC SAMUTL 5 06/01/2037    | CUSIP: 79587WAX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $951068.40    | 0.79%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DURHAM CNTY N C                                   | NC DUR 4 06/01/2036       | CUSIP: 266705R53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $232067.25    | 0.19%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IREDELL CNTY N C                                  | NC IRE 5 04/01/2026       | CUSIP: 462668FQ2<br>LEI: 549300NE65QUOJ0ETV20 | Long             | DBT              | MUN               | US        |    225000 | PA      | $225236.25    | 0.19%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IREDELL CNTY N C                                  | NC IRE 5 04/01/2027       | CUSIP: 462668FR0<br>LEI: 549300NE65QUOJ0ETV20 | Long             | DBT              | MUN               | US        |    325000 | PA      | $325347.75    | 0.27%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BUNCOMBE CNTY N C                                 | NC BUNOBL 5 06/01/2034    | CUSIP: 120525DW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $516110.00    | 0.43%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHACTF 4 12/01/2034    | CUSIP: 161037R73<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    290000 | PA      | $301254.90    | 0.25%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HIGH POINT N C                                    | NC HIGGEN 5 11/01/2039    | CUSIP: 429749EZ3<br>LEI: 549300YEEN5KPPEBY535 | Long             | DBT              | MUN               | US        |    750000 | PA      | $780810.00    | 0.64%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSTON CNTY N C                                 | NC JOHGEN 4.75 06/01/2033 | CUSIP: 479354BH4<br>LEI: 5493003J6KNUY7E7SF98 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503850.00    | 0.42%             | 2033-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NEW HANOVER CNTY N C                              | NC NHVMED 5 10/01/2034    | CUSIP: 644804FF8<br>LEI: 549300TDDH9O6TH23823 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1661325.00   | 1.37%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA EASTN MUN PWR AGY                  | NC NCEPWR 6 01/01/2025    | CUSIP: 658196PS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1223036.50   | 1.01%             | 2025-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA CAP FACS FIN AGY                   | NC NCSFAC 5 10/01/2041    | CUSIP: 65819GKW7<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063600.00   | 0.88%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH N C                                       | NC RALGEN 5 10/01/2038    | CUSIP: 751120BD7<br>LEI: 549300I7RPBIIRI16112 | Long             | DBT              | MUN               | US        |    500000 | PA      | $508190.00    | 0.42%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 5 04/01/2035    | CUSIP: 914716A88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $612165.75    | 0.51%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 5 04/01/2038    | CUSIP: 914716B53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028850.00   | 0.85%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 5 04/01/2040    | CUSIP: 914716E50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1632568.50   | 1.35%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C GREENSBORO                         | NC UNCHGR 5 04/01/2033    | CUSIP: 914719TN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $924732.00    | 0.76%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C GREENSBORO                         | NC UNCHGR 5 04/01/2039    | CUSIP: 914719TQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2870000 | PA      | $2951364.50   | 2.44%             | 2039-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINSTON-SALEM N C                                 | NC WIN 5 06/01/2031       | CUSIP: 975680BP3<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    800000 | PA      | $807728.00    | 0.67%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINSTON-SALEM N C                                 | NC WIN 4.5 06/01/2034     | CUSIP: 975680ED7<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512720.00    | 0.42%             | 2034-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHAAPT 5 07/01/2030    | CUSIP: 161036KZ0<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1130050.95   | 0.93%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHAAPT 5 07/01/2036    | CUSIP: 161036MF2<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265925.00    | 0.22%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHAAPT 5 07/01/2037    | CUSIP: 161036MG0<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    700000 | PA      | $740999.00    | 0.61%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHAAPT 5 07/01/2042    | CUSIP: 161036MH8<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1378543.25   | 1.14%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHAAPT 4 07/01/2036    | CUSIP: 161036PA0<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503075.00    | 0.42%             | 2036-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE N C                                     | NC CHAAPT 4 07/01/2044    | CUSIP: 161036PZ5<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |    480000 | PA      | $451569.60    | 0.37%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C               | NC CHAMED 5 01/15/2039    | CUSIP: 160853RT6<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500690.00   | 1.24%             | 2039-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C               | NC CHAMED 5 01/15/2033    | CUSIP: 160853UC9<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |    210000 | PA      | $228927.30    | 0.19%             | 2033-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C               | NC CHAMED 5 01/15/2036    | CUSIP: 160853UF2<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |    590000 | PA      | $631176.10    | 0.52%             | 2036-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C               | NC CHAMED 4 01/15/2043    | CUSIP: 160853VS3<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |    250000 | PA      | $243267.50    | 0.20%             | 2043-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN                     | NC NCSMED 5 06/01/2040    | CUSIP: 65821DSM4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1406052.00   | 1.16%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN                     | NC NCSMED 5 07/01/2033    | CUSIP: 65821DTL5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    750000 | PA      | $779287.50    | 0.64%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN                     | NC NCSMED 4 07/01/2039    | CUSIP: 65821DXG1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    550000 | PA      | $526251.00    | 0.43%             | 2039-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MED CARE COMMN                     | NC NCSMED 4 07/01/2040    | CUSIP: 65821DXH9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1671355.00   | 1.38%             | 2040-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ROCKY MOUNT N C                                   | NC RKMOBL 4.5 05/01/2032  | CUSIP: 774652AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1563600.00   | 1.29%             | 2032-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CNTY N C                                | NC BRUGEN 5 04/01/2031    | CUSIP: 117068FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $525400.00    | 0.43%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CNTY N C                                | NC BRUGEN 4 04/01/2039    | CUSIP: 117068GC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004900.00   | 0.83%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRUNSWICK CNTY N C                                | NC BRUGEN 3 04/01/2046    | CUSIP: 117068HK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $382300.00    | 0.32%             | 2046-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BUNCOMBE CNTY N C MET SEW DIST                    | NC BUNUTL 5 07/01/2039    | CUSIP: 120532KF2<br>LEI: 254900U5AA2F4DQUFZ71 | Long             | DBT              | MUN               | US        |    550000 | PA      | $565229.50    | 0.47%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CARY N C                                          | NC CRYGEN 4 12/01/2042    | CUSIP: 147056HC2<br>LEI: 5493005EXXSJNCUZX878 | Long             | DBT              | MUN               | US        |    750000 | PA      | $754642.50    | 0.62%             | 2042-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CLAYTON N C                                       | NC CLAUTL 5 08/01/2040    | CUSIP: 184383AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $769888.00    | 0.64%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONCORD N C                                       | NC CONUTL 4.5 12/01/2034  | CUSIP: 206461JB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1042100.00   | 0.86%             | 2034-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DURHAM N C                                        | NC DURUTL 3 08/01/2042    | CUSIP: 266818CQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1055537.50   | 0.87%             | 2042-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FUQUAY-VARINA N C                                 | NC FQUUTL 5 04/01/2040    | CUSIP: 36106QAX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043810.00   | 0.86%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GASTONIA N C                                      | NC GSTUTL 5 05/01/2034    | CUSIP: 367319EX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $598671.00    | 0.49%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GASTONIA N C                                      | NC GSTUTL 5 05/01/2035    | CUSIP: 367319EY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $261305.00    | 0.22%             | 2035-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY N C                                  | NC LINUTL 3 08/01/2038    | CUSIP: 53334CBR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $138699.20    | 0.11%             | 2038-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY N C                                  | NC LINUTL 3 08/01/2039    | CUSIP: 53334CBS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $291237.20    | 0.24%             | 2039-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY N C                                  | NC LINUTL 3 08/01/2040    | CUSIP: 53334CBT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $224550.40    | 0.19%             | 2040-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LINCOLN CNTY N C                                  | NC LINUTL 3 08/01/2041    | CUSIP: 53334CBU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $200342.40    | 0.17%             | 2041-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| MARTIN CNTY N C                                   | NC MRTOBL 4.75 06/01/2034 | CUSIP: 573252AR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1173069.00   | 0.97%             | 2034-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA MUN PWR AGY NO 1                   | NC NCMPWR 5 01/01/2032    | CUSIP: 658203X66<br>LEI: 549300N3Q65G1ODRFX75 | Long             | DBT              | MUN               | US        |    500000 | PA      | $527335.00    | 0.44%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNION CNTY N C                                    | NC UNIGEN 4 06/01/2038    | CUSIP: 906400FD3<br>LEI: 5493007ESG9QHLUW6165 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502800.00    | 0.42%             | 2038-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNION CNTY N C                                    | NC UNIGEN 4 06/01/2044    | CUSIP: 906400FG6<br>LEI: 5493007ESG9QHLUW6165 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1686440.00   | 1.39%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNION CNTY N C                                    | NC UNIGEN 3 06/01/2046    | CUSIP: 906400GD2<br>LEI: 5493007ESG9QHLUW6165 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1154460.00   | 0.95%             | 2046-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| UNION CNTY N C                                    | NC UNIGEN 3 06/01/2051    | CUSIP: 906400GE0<br>LEI: 5493007ESG9QHLUW6165 | Long             | DBT              | MUN               | US        |    250000 | PA      | $184035.00    | 0.15%             | 2051-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WAKE CNTY N C INDL FACS & POLLUTION CTL FING AUTH | NC WAKPOL 4 06/01/2041    | CUSIP: 930868BX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1207558.80   | 1.00%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WILMINGTON N C STORM WTR FEE                      | NC WMGWTR 5 06/01/2035    | CUSIP: 971724BV0<br>LEI: 549300Y5IY4G3QB69428 | Long             | DBT              | MUN               | US        |    500000 | PA      | $523755.00    | 0.43%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WINSTON-SALEM N C                                 | NC WINUTL 3 06/01/2046    | CUSIP: 975700RD9<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    500000 | PA      | $392715.00    | 0.32%             | 2046-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WILMINGTON N C                                    | NC WMGGEN 4 06/01/2036    | CUSIP: 971697HG5<br>LEI: 549300Y5IY4G3QB69428 | Long             | DBT              | MUN               | US        |    230000 | PA      | $236543.50    | 0.20%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WILMINGTON N C                                    | NC WMGGEN 4 06/01/2037    | CUSIP: 971697HH3<br>LEI: 549300Y5IY4G3QB69428 | Long             | DBT              | MUN               | US        |    170000 | PA      | $172837.30    | 0.14%             | 2037-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CABARRUS CNTY N C                                 | NC CAB 4 06/01/2034       | CUSIP: 12677RCT2<br>LEI: 549300HVGPJDNBDPZV71 | Long             | DBT              | MUN               | US        |    795000 | PA      | $820002.75    | 0.68%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HENDERSON CNTY N C                                | NC HENOBG 4 06/01/2034    | CUSIP: 424898EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $206090.00    | 0.17%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST                                 | NC NCSGEN 5 03/01/2030    | CUSIP: 658268DH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $209406.00    | 0.17%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH                           | NC NCSTRN 5 01/01/2036    | CUSIP: 65830RCE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $531660.00    | 0.44%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH                           | NC NCSTRN 5 01/01/2038    | CUSIP: 65830RCG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2415000 | PA      | $2533552.35   | 2.09%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH                           | NC NCSTRN 4 01/01/2036    | CUSIP: 65830VAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $255230.00    | 0.21%             | 2036-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH                           | NC NCSTRN 4 01/01/2039    | CUSIP: 65830VAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503385.00    | 0.42%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN ST UNIV N C                           | NC ASUHGR 4 05/01/2033    | CUSIP: 037777YR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $519710.00    | 0.43%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| APPALACHIAN ST UNIV N C                           | NC ASUHGR 5 05/01/2036    | CUSIP: 037777YU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080480.00   | 0.89%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA CAP FACS FIN AGY                   | NC NCSEDU 5 01/01/2048    | CUSIP: 65818PMZ9<br>LEI: 549300PWNPSB7G58A235 | Long             | DBT              | MUN               | US        |    315000 | PA      | $332514.00    | 0.27%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCOTLAND CNTY N C                                 | NC SCO 5 12/01/2033       | CUSIP: 809323AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $269617.50    | 0.22%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C ASHVILLE                           | NC UNCHGR 4 06/01/2036    | CUSIP: 914710JB5<br>LEI: 5493004DU2QADMVXVR58 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1369831.50   | 1.13%             | 2036-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C CHAPEL HILL                        | NC UNCHGR 4 02/01/2037    | CUSIP: 914714CU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980950.00    | 0.81%             | 2037-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C CHAPEL HILL                        | NC UNCHGR 4 02/01/2038    | CUSIP: 914714CV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $387632.00    | 0.32%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 4 10/01/2037    | CUSIP: 914716H40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $749130.00    | 0.62%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 5 10/01/2042    | CUSIP: 914716H65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $262365.00    | 0.22%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 4 10/01/2035    | CUSIP: 914716K79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253447.50    | 0.21%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 4 10/01/2036    | CUSIP: 914716K87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251170.00    | 0.21%             | 2036-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C GREENSBORO                         | NC UNCHGR 4 04/01/2035    | CUSIP: 914719VA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $767460.00    | 0.63%             | 2035-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C GREENSBORO                         | NC UNCHGR 4 04/01/2036    | CUSIP: 914719VB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $506840.00    | 0.42%             | 2036-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C GREENSBORO                         | NC UNCHGR 5 04/01/2038    | CUSIP: 914719WZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $453224.25    | 0.37%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCGEN 5 10/01/2033    | CUSIP: 9147208R1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30003.90     | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 4 04/01/2037    | CUSIP: 914722RF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $386463.00    | 0.32%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 4 04/01/2038    | CUSIP: 914722RG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $403606.80    | 0.33%             | 2038-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 4 04/01/2039    | CUSIP: 914722RH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1363674.60   | 1.13%             | 2039-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 4 10/01/2037    | CUSIP: 914722SM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $746655.00    | 0.62%             | 2037-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 5 06/01/2033    | CUSIP: 91472TAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $573512.50    | 0.47%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY N C                                    | NC UNCHGR 4 06/01/2034    | CUSIP: 91472TBH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503005.00    | 0.42%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WESTERN CAROLINA UNIV N C                         | NC WESHGR 5 10/01/2045    | CUSIP: 957897HP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $849510.75    | 0.70%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTERN CAROLINA UNIV N C                         | NC WESHGR 5 10/01/2035    | CUSIP: 957897KM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074830.00   | 0.89%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WESTERN CAROLINA UNIV N C                         | NC WESHGR 5 10/01/2043    | CUSIP: 957897KR1<br>LEI: 5493004DU2QADMVXVR58 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054160.00   | 0.87%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-31

**Name of Applicant:** Dupree Mutual Funds

**Signature:** Michelle Dragoo

**Name of Signer:** Michelle Dragoo

**Title:** Treasurer