# EDGAR Filing Document

**Accession Number:** 0000906236
**File Stem:** 0000940400-26-014636
**Filing Date:** 2026-4
**Character Count:** 46726
**Document Hash:** 0c2a43add058a5e931e5530846f3bf53
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-014636.hdr.sgml**: 20260424

**ACCESSION NUMBER**: 0000940400-26-014636

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260227

**FILED AS OF DATE**: 20260424

**DATE AS OF CHANGE**: 20260424

**PERIOD START**: 20260831

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** VOYAGEUR MUTUAL FUNDS
- **CENTRAL INDEX KEY:** 0000906236

**ORGANIZATION NAME:**
- **EIN:** 411720518
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07742
- **FILM NUMBER:** 26890892

**BUSINESS ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354
- **BUSINESS PHONE:** 18005231918

**MAIL ADDRESS:**
- **STREET 1:** 100 INDEPENDENCE
- **STREET 2:** 610 MARKET STREET
- **CITY:** PHILADELPHIA
- **STATE:** PA
- **ZIP:** 19106-2354

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** VOYAGEUR MUTUAL FUNDS INC
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### Nomura Tax-Free Idaho Fund (Series ID: S000002415)

| Class ID   | Class Name          | Ticker Symbol   |
|:---|:---|:---|
| C000006418 | Class A             | VIDAX           |
| C000006420 | Class C             | DVICX           |
| C000135927 | Institutional Class | DTIDX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-07742

- **c. CIK number of Registrant:** 0000906236

- **d. LEI of Registrant:** 549300D8BQFTKREY6O09

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

  - **Street Address 1:** 100 Independence

  - **City:** Philadelphia

  - **State:** PA

  - **Foreign country:** US

  - **Zip / Postal Code:** 19106

  - **Telephone number:** 800-523-1918

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

- **a. Name of Series:** Nomura Tax-Free Idaho Fund

- **b. EDGAR series identifier (if any):** S000002415

- **c. LEI of Series:** TT5N8YA3R6HMF1QRFE93

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

- **a. Date of fiscal year-end:** 2026-08-31

- **b. Date as of which information is reported:** 2026-02-27

**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:** $133363033.98

**Total Liabilities:** $600565.87

**Net Assets:** $132762468.11

**Cash Not Reported:** $141826.28

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 166.73016000 | **1-Year:** 1167.42705000 | **5-Year:** 17228.48048000 | **10-Year:** 75925.19815000 | **30-Year:** 7078.48430000

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

- **3-Month:** 24.69249000 | **1-Year:** 363.12626000 | **5-Year:** 893.62094000 | **10-Year:** 899.32840000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006418 | -0.09%               | 0.49%                | 1.61%                |
| Class ID C000006420 | -0.15%               | 0.52%                | 1.55%                |
| Class ID C000135927 | -0.07%               | 0.61%                | 1.63%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-45195.90               | $-440155.74                                |
| Month 2  | $7364.78                 | $280941.98                                 |
| Month 3  | $26059.33                | $1748927.08                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| CANYON CNTY IDAHO SCH DIST NO 139                                   | ID CANSCD 5 09/15/2042    | CUSIP: 138824ME4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103270.00   | 0.83%             | 2042-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2025 | CUSIP: 74526QXY3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     45000 | PA      | $30037.50     | 0.02%             | 2025-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOISE CITY IDAHO URBAN RENEWAL AGY                                  | ID BOIDEV 5 12/15/2032    | CUSIP: 09746LCN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $763402.50    | 0.58%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 03/01/2060      | CUSIP: 451295E47<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4200000.00   | 3.16%             | 2060-03-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4.5 01/21/2049  | CUSIP: 45129WPF1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    184406 | PA      | $185838.96    | 0.14%             | 2049-01-21      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| IDAHO ENERGY RES AUTH                                               | ID IERPWR 5 09/15/2039    | CUSIP: 451175AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1139510.00   | 0.86%             | 2039-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 4.75 07/01/2053 | CUSIP: 74529JPW9<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1277407.20   | 0.96%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY IDAHO                                                    | ID UNIHGR 5.5 04/01/2055  | CUSIP: 9143185P1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080930.00   | 0.81%             | 2055-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.75 07/01/2036 | CUSIP: 74526QWE8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    175000 | PA      | $116812.50    | 0.09%             | 2036-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 05/01/2050    | CUSIP: 45129GEX9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    520000 | PA      | $438110.40    | 0.33%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5 07/01/2028    | CUSIP: 74526QVC3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    320000 | PA      | $213600.00    | 0.16%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSGEN 5 08/15/2048    | CUSIP: 45130ACR4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    910000 | PA      | $971588.80    | 0.73%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ENERGY RES AUTH                                               | ID IERPWR 5 09/15/2037    | CUSIP: 451175AN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $952330.50    | 0.72%             | 2037-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 2.25 05/01/2051 | CUSIP: 45129GFM2<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1165000 | PA      | $651200.05    | 0.49%             | 2051-05-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PR PRC 11/01/2043         | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   2565881 | PA      | $1754421.11   | 1.32%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSSFH 5.25 01/01/2051 | CUSIP: 45130BCG6<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1556685.00   | 1.17%             | 2051-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOISE CITY IDAHO                                                    | ID BOIAPT 4 09/01/2051    | CUSIP: 097428FC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1744817.95   | 1.31%             | 2051-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 6 07/01/2054    | CUSIP: 45129GDG7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    570000 | PA      | $573630.90    | 0.43%             | 2054-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST UNIV                                                       | ID ISUHGR 4.5 04/01/2052  | CUSIP: 451470RP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751820.00   | 1.32%             | 2052-04-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| NEZ PERCE CNTY IDAHO                                                | ID NEZCTF 5 03/01/2052    | CUSIP: 65344YAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $737029.15    | 0.56%             | 2052-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID ISMED 3 03/01/2051     | CUSIP: 451295D55<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   3300000 | PA      | $2417184.00   | 1.82%             | 2051-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 4 03/01/2051    | CUSIP: 451295D48<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   2210000 | PA      | $2045001.40   | 1.54%             | 2051-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 6.75 07/01/2048 | CUSIP: 45129GCF0<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    529151 | PA      | $532743.94    | 0.40%             | 2048-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 3 05/01/2041    | CUSIP: 45129GFL4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $2599821.00   | 1.96%             | 2041-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 05/01/2046    | CUSIP: 45129GFT7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $788740.00    | 0.59%             | 2046-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.5 07/01/2038  | CUSIP: 74526QVE9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1001250.00   | 0.75%             | 2038-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 5 12/01/2038    | CUSIP: 45129GCV5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2057646.50   | 1.55%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 5 05/01/2060    | CUSIP: 45129GPJ8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010090.00   | 0.76%             | 2060-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO INDL TOURIST EDL MED & ENVIRONMENTAL CTL FACS FING AUTH | PR PRCPOL 6.75 01/01/2046 | CUSIP: 74528LAD3<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1416625.00   | 1.07%             | 2046-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 4 12/01/2043    | CUSIP: 45129UCG7<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3872310.00   | 2.92%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOISE CITY IDAHO                                                    | ID BOIWTR 5 09/01/2051    | CUSIP: 09747AAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1814767.50   | 1.37%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH                                                  | ID IDSFAC 4 09/01/2048    | CUSIP: 451443D69<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1241238.00   | 0.93%             | 2048-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GDB DEBT RECOVERY AUTH OF COMWLTH PUERTO RICO                       | PR PRCDEV 7.5 08/20/2040  | CUSIP: 36829QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3588249 | PA      | $3529186.42   | 2.66%             | 2040-08-20      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| IDAHO FISH & WILDLIFE FNDTN INC                                     | ID IDSGEN 4 12/01/2039    | CUSIP: 451263CB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1061517.60   | 0.80%             | 2039-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 4.75 07/01/2027 | CUSIP: 74526QWX6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     40000 | PA      | $26700.00     | 0.02%             | 2027-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 5.25 11/15/2047 | CUSIP: 451295YZ6<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $831894.70    | 0.63%             | 2047-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 4 09/01/2033    | CUSIP: 451291AN8<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |    305000 | PA      | $317877.10    | 0.24%             | 2033-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAWY IDAHO SOLID WASTE DIST                                        | ID IDAPOL 3 01/01/2050    | CUSIP: 44936TAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $386006.50    | 0.29%             | 2050-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IDAHO BD BK AUTH                                                    | ID IDSGEN 4 09/15/2037    | CUSIP: 451152V90<br>LEI: 5493006H5207M9WPQJ98 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008650.00   | 0.76%             | 2037-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOISE-KUNA IDAHO IRR DIST                                           | ID BOIUTL 5 06/01/2034    | CUSIP: 09747EBX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001980.00   | 1.51%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSSFH 4.8 07/01/2053  | CUSIP: 45129Y3T1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1732556.00   | 1.31%             | 2053-07-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| IDAHO ENERGY RES AUTH                                               | ID IERPWR 5 09/15/2035    | CUSIP: 451175AL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1879680.00   | 1.42%             | 2035-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSMFH 2.75 07/01/2040 | CUSIP: 45129XBB3<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1096108.00   | 0.83%             | 2040-07-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| IDAHO ST UNIV                                                       | ID ISUHGR 5.25 04/01/2042 | CUSIP: 451470RN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $669281.25    | 0.50%             | 2042-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 05/01/2052    | CUSIP: 45129GJM8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1298175.00   | 0.98%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 0 07/01/2049    | CUSIP: 45129GCG8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2888155 | PA      | $548922.74    | 0.41%             | 2049-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PR PRC 11/01/2051         | CUSIP: 74514L4G9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3021003 | PA      | $1869245.55   | 1.41%             | 2051-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| CANYON CNTY IDAHO SCH DIST NO 139                                   | ID CANSCD 5 09/15/2043    | CUSIP: 138824MF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2185000.00   | 1.65%             | 2043-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSGEN 4 08/15/2048    | CUSIP: 45130ABU8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2282712.90   | 1.72%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSGEN 4 08/15/2050    | CUSIP: 45130ADQ5<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2844060.00   | 2.14%             | 2050-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 05/01/2056    | CUSIP: 45129GFN0<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1286465.25   | 0.97%             | 2056-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 5 12/01/2046    | CUSIP: 45129GCP8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $973260.00    | 0.73%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 05/01/2057    | CUSIP: 45129GGP4<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $835890.00    | 0.63%             | 2057-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST UNIV                                                       | ID ISUHGR 4 04/01/2037    | CUSIP: 451470RQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $361287.50    | 0.27%             | 2037-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 5 07/01/2054    | CUSIP: 45129GDR3<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $889360.00    | 0.67%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ENERGY RES AUTH                                               | ID IERPWR 5 09/15/2036    | CUSIP: 451175AM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1164290.00   | 0.88%             | 2036-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSMFH 3.12 07/01/2054 | CUSIP: 45129XBC1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1432340.00   | 1.08%             | 2054-07-01      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 4 03/01/2046    | CUSIP: 451295E39<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |    500000 | PA      | $479190.00    | 0.36%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 05/01/2055    | CUSIP: 45129GEF8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $911757.00    | 0.69%             | 2055-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSGEN 5.25 08/15/2048 | CUSIP: 45130ABT1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    500000 | PA      | $539050.00    | 0.41%             | 2048-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2040 | CUSIP: 74526QVX7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    595000 | PA      | $397162.50    | 0.30%             | 2040-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSSFH 5.95 07/01/2055 | CUSIP: 45129Y6T8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    710000 | PA      | $724058.00    | 0.55%             | 2055-07-01      | Fixed         | 5.95%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSSFH 4.65 01/01/2054 | CUSIP: 45129Y5J1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2740127.50   | 2.06%             | 2054-01-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.05 07/01/2042 | CUSIP: 74526QZY1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     75000 | PA      | $50062.50     | 0.04%             | 2042-07-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2024 | CUSIP: 74526QXP2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     60000 | PA      | $40050.00     | 0.03%             | 2024-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 5 09/01/2037    | CUSIP: 451295YT0<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005120.00   | 1.51%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 4.55 07/01/2040 | CUSIP: 74529JPV1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |    875000 | PA      | $880862.50    | 0.66%             | 2040-07-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| BOISE CITY IDAHO INDPT SCH DIST                                     | ID BOISCD 5 08/01/2034    | CUSIP: 097437RU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024730.00   | 0.77%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 4 03/01/2046    | CUSIP: 451295C80<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1079322.00   | 0.81%             | 2046-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO COMWLTH                                                 | PR PRC 4 07/01/2046       | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    995000 | PA      | $898325.80    | 0.68%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY IDAHO                                                    | ID UNIHGR 4 04/01/2045    | CUSIP: 9143184Q0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $694547.00    | 0.52%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| GUAM GOVT WTRWKS AUTH                                               | GU GMSUTL 5 07/01/2043    | CUSIP: 40065FED2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $690508.00    | 0.52%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 0 07/01/2051    | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   6755000 | PA      | $1777240.50   | 1.34%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 5 07/01/2039    | CUSIP: 45129GCS2<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501215.00   | 1.13%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSSFH 4.75 01/01/2048 | CUSIP: 45129YY75<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    940000 | PA      | $947933.60    | 0.71%             | 2048-01-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IDAHO ST UNIV                                                       | ID ISUHGR 4 04/01/2029    | CUSIP: 451470PM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $275332.75    | 0.21%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 0 07/01/2046    | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   3579000 | PA      | $1287402.09   | 0.97%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSDEV 7 02/01/2036    | CUSIP: 45130CAB7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1503300.00   | 1.13%             | 2036-02-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 05/01/2050    | CUSIP: 45129GEE1<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2560860.00   | 1.93%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BOISE CITY IDAHO INDPT SCH DIST                                     | ID BOISCD 5 08/01/2035    | CUSIP: 097437RV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $511925.00    | 0.39%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST WTR RES BRD                                                | ID IDSWTR 5 09/01/2032    | CUSIP: 451484AJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3565000 | PA      | $3570240.55   | 2.69%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 4.75 07/01/2026 | CUSIP: 74526QVZ2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     50000 | PA      | $33375.00     | 0.03%             | 2026-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 5.75 05/01/2058 | CUSIP: 45129GLC7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033660.00   | 0.78%             | 2058-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH                                                  | ID IDSFAC 5 06/01/2034    | CUSIP: 451446AV0<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1192860.00   | 0.90%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| POWER CNTY IDAHO INDL DEV CORP                                      | ID POWPOL 6.45 08/01/2032 | CUSIP: 739247AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007520.00   | 1.51%             | 2032-08-01      | Fixed         | 6.45%                 | No            |                  2 | On Loan: No      |
| IDAHO FALLS IDAHO AUD DIST                                          | ID IDFFAC 5.25 05/15/2051 | CUSIP: 45118AAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1973260.00   | 1.49%             | 2051-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| BOISE ST UNIV IDAHO                                                 | ID BSUHGR 5 04/01/2054    | CUSIP: 097464S85<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1377403.75   | 1.04%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 5.25 03/01/2053 | CUSIP: 451295H36<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1046560.00   | 0.79%             | 2053-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| KETCHUM IDAHO                                                       | ID KET 2.12 09/15/2041    | CUSIP: 492638CF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $389420.00    | 0.29%             | 2041-09-15      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 6 07/01/2049    | CUSIP: 45129GDF9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    595000 | PA      | $600396.65    | 0.45%             | 2049-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| BOISE CITY IDAHO URBAN RENEWAL AGY                                  | ID BOIDEV 5 12/15/2031    | CUSIP: 09746LCM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $763935.00    | 0.58%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO BD BK AUTH                                                    | ID IDSGEN 4 09/15/2033    | CUSIP: 451152V58<br>LEI: 5493006H5207M9WPQJ98 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253645.00    | 0.19%             | 2033-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY IDAHO                                                    | ID UNIHGR 5.5 04/01/2057  | CUSIP: 9143185Q9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2161500.00   | 1.63%             | 2057-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO ELEC PWR AUTH                                           | PR PRCPWR 5.25 07/01/2027 | CUSIP: 74526QYY2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    345000 | PA      | $230287.50    | 0.17%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY IDAHO                                                    | ID UNIHGR 5 04/01/2035    | CUSIP: 9143183M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $620916.80    | 0.47%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PUERTO RICO SALES TAX FINANCING CORP                                | PR PRCGEN 5 07/01/2058    | CUSIP: 74529JPX7<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |   2426000 | PA      | $2381167.52   | 1.79%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 05/01/2055    | CUSIP: 45129GEY7<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    305000 | PA      | $250023.75    | 0.19%             | 2055-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 5.25 11/15/2037 | CUSIP: 451295YX1<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $877465.50    | 0.66%             | 2037-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 4 11/15/2027    | CUSIP: 451295YV5<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |    295000 | PA      | $293905.55    | 0.22%             | 2027-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HEALTH FACS AUTH                                              | ID IDSMED 3 03/01/2051    | CUSIP: 451295D22<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2149020.00   | 1.62%             | 2051-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST UNIV                                                       | ID ISUHGR 3 04/01/2049    | CUSIP: 451470QX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1289076.00   | 0.97%             | 2049-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CHILDRENS TR FD P R                                                 | PR CHIGEN 0 05/15/2057    | CUSIP: 16876QBL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  30905000 | PA      | $1521762.20   | 1.15%             | 2057-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSSFH 3 01/01/2043    | CUSIP: 45129YS56<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    400000 | PA      | $351472.00    | 0.26%             | 2043-01-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 4 07/15/2039    | CUSIP: 45129WQH6<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2718174.20   | 2.05%             | 2039-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH                                                  | ID IDSFAC 5 06/01/2034    | CUSIP: 451446AK4<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1192860.00   | 0.90%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOISE CITY IDAHO                                                    | ID BOIAPT 5 09/01/2051    | CUSIP: 097428EG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1538340.00   | 1.16%             | 2051-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 5 06/01/2050    | CUSIP: 45129GCK9<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1210408.50   | 0.91%             | 2050-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO HSG & FIN ASSN                                                | ID IDSHSG 6 07/01/2039    | CUSIP: 45129GDE2<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |    370000 | PA      | $380027.00    | 0.29%             | 2039-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-04-23

**Name of Applicant:** Voyageur Mutual Funds

**Signature:** Dan Geatens

**Name of Signer:** Dan Geatens

**Title:** Division Director - Head of US Fund Administration