# EDGAR Filing Document

**Accession Number:** 0000835333
**File Stem:** 0000835333-25-000009
**Filing Date:** 2025-10
**Character Count:** 131489
**Document Hash:** 9b37b4fde248ef7faf403cfda789bc5f
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000835333-25-000009.hdr.sgml**: 20251030

**ACCESSION NUMBER**: 0000835333-25-000009

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250831

**FILED AS OF DATE**: 20251030

**DATE AS OF CHANGE**: 20251030

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Invesco Municipal Income Opportunities Trust
- **CENTRAL INDEX KEY:** 0000835333

**ORGANIZATION NAME:**
- **EIN:** 133473972
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0530

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-05597
- **FILM NUMBER:** 251433685

**BUSINESS ADDRESS:**
- **STREET 1:** 1331 SPRING STREET N.W.
- **STREET 2:** SUITE 2500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30309
- **BUSINESS PHONE:** 404-439-3217

**MAIL ADDRESS:**
- **STREET 1:** 1331 SPRING STREET N.W.
- **STREET 2:** SUITE 2500
- **CITY:** ATLANTA
- **STATE:** GA
- **ZIP:** 30309

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MORGAN STANLEY MUNICIPAL INCOME OPPORTUNITIES TRUST
- **DATE OF NAME CHANGE:** 20011220

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MSDW MUNICIPAL INCOME OPPORTUNITIES TRUST
- **DATE OF NAME CHANGE:** 19981221

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MUNICIPAL INCOME OPPORTUNITIES TRUST/MA
- **DATE OF NAME CHANGE:** 19930721

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Invesco Municipal Income Opportunities Trust

- **b. Investment Company Act file number:** 811-05597

- **c. CIK number of Registrant:** 0000835333

- **d. LEI of Registrant:** DJSR2NJ3985722G80Y20

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

  - **Street Address 1:** 1331 Spring Street NW, Suite 2500

  - **City:** Atlanta

  - **State:** GA

  - **Foreign country:** US

  - **Zip / Postal Code:** 30309

  - **Telephone number:** 800-959-4246

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

- **a. Name of Series:** Invesco Municipal Income Opportunities Trust

- **c. LEI of Series:** DJSR2NJ3985722G80Y20

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

- **a. Date of fiscal year-end:** 2026-02-28

- **b. Date as of which information is reported:** 2025-08-31

**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:** $410575284.66

**Total Liabilities:** $131970073.62

**Net Assets:** $278605211.04

**Delayed Delivery Securities:** $981040.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -79.18458779 | **1-Year:** -1290.67451896 | **5-Year:** -6611.07162336 | **10-Year:** -27774.23750721 | **30-Year:** -12094.49657336

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

- **3-Month:** -456.89384248 | **1-Year:** -5575.92039654 | **5-Year:** -20827.71927489 | **10-Year:** -67959.23916728 | **30-Year:** -45827.49268693

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | 0.17%                | -1.85%               | 0.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-221030.15              | $-352874.02                                |
| Month 2  | $-927105.30              | $-6050980.37                               |
| Month 3  | $-2136484.05             | $3505586.76                                |

**Designated Index Information**

- **Index Name:** Securities Portfolio

- **Index Identifier:** N/A

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| California (State of) Pollution Control Financing Authority (Plant Bonds)                                                                        | California (State of) Pollution Control Financing Authority (Plant Bonds), Series 2012, RB                                                        | CUSIP: 13054WAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000274.40   | 0.36%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol (City of), TN Industrial Development Board (Pinnacle)                                                                                    | Bristol (City of), TN Industrial Development Board (Pinnacle), Series 2016, RB                                                                    | CUSIP: 11023QAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $874679.50    | 0.31%             | 2035-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                            | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                        | CUSIP: 74529JQH1<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  10062000 | PA      | $2348628.77   | 0.84%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                       | Miami-Dade (County of), FL, Series 2009, RB                                                                                                       | CUSIP: 59333NNM1<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   7900000 | PA      | $3484620.48   | 1.25%             | 2042-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                                                                               | Missouri Development Finance Board, Series 2022, Ref. RB                                                                                          | CUSIP: 60636VDF1<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1495058.40   | 0.54%             | 2052-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                            | Children's Trust Fund, Series 2002, RB                                                                                                            | CUSIP: 16876QBG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015683.80   | 0.36%             | 2043-05-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Electric Power Authority                                                                                           | Puerto Rico (Commonwealth of) Electric Power Authority, Series 2007 TT, RB                                                                        | CUSIP: 74526QKX9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    495000 | PA      | $328556.25    | 0.12%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                                                                             | New Hope Cultural Education Facilities Finance Corp., Series 2025 A, RB                                                                           | CUSIP: 64542UHG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $962618.00    | 0.35%             | 2060-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Midtown)                                                                                          | Wisconsin (State of) Public Finance Authority (Midtown), Series 2025, RB                                                                          | CUSIP: 74442PL45<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $2170137.75   | 0.78%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment)                                                           | New York Transportation Development Corp. (LaGuardia Airport Terminal B Redevelopment), Series 2016 A, RB                                         | CUSIP: 650116AR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1657573.23   | 0.59%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area)                                                               | Rowlett (City of), TX (Bayside Public Improvement District North Improvement Area), Series 2016, RB                                               | CUSIP: 779719AB9<br>LEI: 549300XN25SMDVQJM820 | Long             | DBT              | MUN               | US        |    450000 | PA      | $450226.22    | 0.16%             | 2046-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| North Las Vegas (City of), NV Special Improvement District No. 66 (Villages at Tule Springs Village 1)                                           | North Las Vegas (City of), NV Special Improvement District No. 66 (Villages at Tule Springs Village 1), Series 2022, RB                           | CUSIP: 66041HHP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1523866.38   | 0.55%             | 2047-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp. (Terminal 4 JFK International Airport) (Green Bonds)                                                   | New York Transportation Development Corp. (Terminal 4 JFK International Airport) (Green Bonds), Series 2024, Ref. RB                              | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968176.30    | 0.35%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District)                                            | Harrison (County of), WV County Commission (Charles Pointe Economic Opportunity Development District), Series 2019 A, RB                          | CUSIP: 41524TAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1029291.95   | 0.37%             | 2042-06-01      | Fixed         | 5.75%                 | No            |                  3 | On Loan: No      |
| Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts)                                                                                   | Lake Helen (City of), FL (Ivy Hawn Charter School of the Arts), Series 2018 A, RB                                                                 | CUSIP: 509893AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1232776.22   | 0.44%             | 2038-07-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Palisade Metropolitan District No. 2                                                                                                             | Palisade Metropolitan District No. 2, Series 2024, Ref. RB                                                                                        | CUSIP: 696392AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $439666.90    | 0.16%             | 2054-12-15      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corp.                                                                                                        | Golden State Tobacco Securitization Corp., Series 2021 B-2, Ref. RB                                                                               | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11800000 | PA      | $1099371.78   | 0.39%             | 2066-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Franklin (County of), OH (Wesley Communities)                                                                                                    | Franklin (County of), OH (Wesley Communities), Series 2020, Ref. RB                                                                               | CUSIP: 353180LL4<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1277579.55   | 0.46%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (Buckner Senior Living - Ventana)                                                     | Tarrant County Cultural Education Facilities Finance Corp. (Buckner Senior Living - Ventana), Series 2017, RB                                     | CUSIP: 87638RJE8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002563.30   | 0.36%             | 2052-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District)                        | Monongalia (County of), WV Commission Special District (University Town Centre Economic Opportunity Development District), Series 2017 A, Ref. RB | CUSIP: 61022CAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1003947.80   | 0.36%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Water Development Board                                                                                                         | Texas (State of) Water Development Board, Series 2022, RB                                                                                         | CUSIP: 88285ABK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007093.10   | 0.36%             | 2057-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina (State of) Medical Care Commission (Salemtowne Project)                                                                           | North Carolina (State of) Medical Care Commission (Salemtowne Project), Series 2018 A, RB                                                         | CUSIP: 65820YPN0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1080338.99   | 0.39%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Arena Local Development Corp. (Barclays Center)                                                                                         | Brooklyn Arena Local Development Corp. (Barclays Center), Series 2009, RB                                                                         | CUSIP: 113807AV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $963683.73    | 0.35%             | 2035-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Salt Lake City (City of), UT                                                                                                                     | Salt Lake City (City of), UT, Series 2017 A, RB                                                                                                   | CUSIP: 795576FY8<br>LEI: 549300CRGKV67DRSGT85 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2949726.30   | 1.06%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                                                                                         | Arlington Higher Education Finance Corp., Series 2025, RB                                                                                         | CUSIP: 041807PW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $981051.80    | 0.35%             | 2065-06-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL Transit System                                                                                                        | Miami-Dade (County of), FL Transit System, Series 2022, RB                                                                                        | CUSIP: 59334PKZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5081319.00   | 1.82%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                              | Illinois (State of), Series 2021 A, GO Bonds                                                                                                      | CUSIP: 452153AW9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    500000 | PA      | $485541.50    | 0.17%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rochester (City of), MN (Homestead at Rochester, Inc.)                                                                                           | Rochester (City of), MN (Homestead at Rochester, Inc.), Series 2013 A, RB                                                                         | CUSIP: 771906CV4<br>LEI: 549300006EX3INSHXA95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000175.40   | 0.36%             | 2048-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| AES PUERTO RICO Inc.                                                                                                                             | AES PUERTO RICO Inc., Pfd.                                                                                                                        | CUSIP: 902DZT000<br>LEI: N/A                  | Long             | EP               | CORP              | KY        |     13681 | NS      | $0.00         | 0.00%             |  |  |  | No            |                  3 | On Loan: No      |
| Capital Trust Authority (KIPP Miami N Campus)                                                                                                    | Capital Trust Authority (KIPP Miami N Campus), Series 2024 A, RB                                                                                  | CUSIP: 14054WAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $644014.22    | 0.23%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                          | New York (State of) Dormitory Authority, Series 2024 A, Ref. RB                                                                                   | CUSIP: 65000BW38<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13658027.50  | 4.90%             | 2054-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor)                                                          | Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor), Series 2016 A, Ref. RB                                   | CUSIP: 821697P94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $700147.65    | 0.25%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority (Millenia Orlando)                                                                                            | Capital Projects Finance Authority (Millenia Orlando), Series 2025 A, RB                                                                          | CUSIP: 14043HAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1951837.60   | 0.70%             | 2040-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC)                                                             | West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC), Series 2018, RB                                             | CUSIP: 95648VBD0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    240000 | PA      | $156000.00    | 0.06%             | 2036-02-01      | Fixed         | 8.75%                 | No            |                  2 | On Loan: No      |
| Muskingum (County of), OH (Genesis Healthcare System)                                                                                            | Muskingum (County of), OH (Genesis Healthcare System), Series 2013, RB                                                                            | CUSIP: 628077CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3075000 | PA      | $2833969.51   | 1.02%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamden (Town of), CT (Whitney Center)                                                                                                            | Hamden (Town of), CT (Whitney Center), Series 2022 A, RB                                                                                          | CUSIP: 406802AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033874.60   | 0.37%             | 2053-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch)                                                               | Payne (County of), OK Economic Development Authority (Epworth Living at the Ranch), Series 2016 A, RB                                             | CUSIP: 704387AG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665467 | PA      | $2794.96      | 0.00%             | 2051-11-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Washington (State of) Convention Center Public Facilities District                                                                               | Washington (State of) Convention Center Public Facilities District, Series 2018, RB                                                               | CUSIP: 93976ABJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3225000 | PA      | $3027438.11   | 1.09%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority (Kissimmee Charter Academy)                                                                                   | Capital Projects Finance Authority (Kissimmee Charter Academy), Series 2024, RB                                                                   | CUSIP: 14043FAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $445969.66    | 0.16%             | 2059-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                                                                               | Port of Seattle WA, Series 2025, RB                                                                                                               | CUSIP: 7353894D7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10373239.00  | 3.72%             | 2050-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Coral Academy of Science Reno)                                                                    | Wisconsin (State of) Public Finance Authority (Coral Academy of Science Reno), Series 2022, RB                                                    | CUSIP: 744396HS4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    900000 | PA      | $812716.38    | 0.29%             | 2052-06-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                                                                                 | Ballston Quarter Community Development Authority, Series 2016 A-2, RB                                                                             | CUSIP: 058696AJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    902000 | PA      | $769534.63    | 0.28%             | 2059-03-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Marion (City of), IL (Star Bond District Area No. 1)                                                                                             | Marion (City of), IL (Star Bond District Area No. 1), Series 2025, RB                                                                             | CUSIP: 569498AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1421339.10   | 0.51%             | 2055-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (Irvington Community School)                                                                                | Indiana (State of) Finance Authority (Irvington Community School), Series 2018 A, Ref. RB                                                         | CUSIP: 45506DP90<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $934001.30    | 0.34%             | 2048-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)                                                                       | Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017 A, Ref. RB                                                | CUSIP: 497609BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1047408.63   | 0.38%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                                                                                        | New York Transportation Development Corp., Series 2025, RB                                                                                        | CUSIP: 650116JM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3008079.00   | 1.08%             | 2059-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                                                                                   | Buckeye Tobacco Settlement Financing Authority, Series 2020 B-3, Ref. RB                                                                          | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11600000 | PA      | $1017976.56   | 0.37%             | 2057-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)                                                                  | Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion), Series 2024, Ref. RB                                             | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $951045.40    | 0.34%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program)                                                      | California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program), Series 2006 A, RB                                    | CUSIP: 130923BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $2375233.00   | 0.85%             | 2046-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority (Central Florida Preparatory School Project)                                                                             | Capital Trust Authority (Central Florida Preparatory School Project), Series 2024, RB                                                             | CUSIP: 14054WAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $956387.40    | 0.34%             | 2054-06-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Kentucky (Commonwealth of) Public Transportation Infrastructure Authority (Downtown Crossing)                                                    | Kentucky (Commonwealth of) Public Transportation Infrastructure Authority (Downtown Crossing), Series 2013 C, RB                                  | CUSIP: 491397AS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2225275.60   | 0.80%             | 2046-07-01      | Variable      | 6.88%                 | No            |                  2 | On Loan: No      |
| Ballston Quarter Community Development Authority                                                                                                 | Ballston Quarter Community Development Authority, Series 2016 A-1, RB                                                                             | CUSIP: 058696AH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    376000 | PA      | $366089.39    | 0.13%             | 2046-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| St. Louis (County of), MO Industrial Development Authority (Friendship Village West County)                                                      | St. Louis (County of), MO Industrial Development Authority (Friendship Village West County), Series 2018 A, RB                                    | CUSIP: 791524CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1375111.35   | 0.49%             | 2049-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Villa St. Benedict)                                                                                       | Illinois (State of) Finance Authority (Villa St. Benedict), Series 2015, Ref. RB                                                                  | CUSIP: 45203H3M2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    775000 | PA      | $774012.19    | 0.28%             | 2043-11-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Rudolph Farms Metropolitan District No. 6                                                                                                        | Rudolph Farms Metropolitan District No. 6, Series 2022 A, GO Bonds                                                                                | CUSIP: 78128QAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1368523.65   | 0.49%             | 2052-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities)                                                  | Wisconsin (State of) Public Finance Authority (Million Air Two LLC General Aviation Facilities), Series 2017 A, RB                                | CUSIP: 74446DAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2632197.75   | 0.94%             | 2035-06-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Dominion Water & Sanitation District                                                                                                             | Dominion Water & Sanitation District, Series 2022, Ref. RB                                                                                        | CUSIP: 25755AAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2268056.20   | 0.81%             | 2052-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Intrinsic Schools - Belmont School)                                                                       | Illinois (State of) Finance Authority (Intrinsic Schools - Belmont School), Series 2015, RB                                                       | CUSIP: 452022AH9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $999818.20    | 0.36%             | 2045-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Delray Beach Radiation Therapy Center)                                                            | Wisconsin (State of) Public Finance Authority (Delray Beach Radiation Therapy Center), Series 2017 A, RB                                          | CUSIP: 74442PDE2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $550000.00    | 0.20%             | 2046-11-01      | Fixed         | 6.85%                 | Yes           |                  2 | On Loan: No      |
| San Antonio (City of), TX                                                                                                                        | San Antonio (City of), TX, Series 2023 A, Ref. RB                                                                                                 | CUSIP: 79625GGT4<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6007167.60   | 2.16%             | 2050-02-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado (State of) Health Facilities Authority (Intermountain Healthcare)                                                                       | Colorado (State of) Health Facilities Authority (Intermountain Healthcare), Series 2022 A, Ref. RB                                                | CUSIP: 19648FVJ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   9900000 | PA      | $8417245.32   | 3.02%             | 2052-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Uwharrie Charter Academy)                                                                         | Wisconsin (State of) Public Finance Authority (Uwharrie Charter Academy), Series 2022 A, RB                                                       | CUSIP: 74442EJJ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1737680.80   | 0.62%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Paul (City of), MN Housing & Redevelopment Authority (Higher Ground Academy)                                                                 | St. Paul (City of), MN Housing & Redevelopment Authority (Higher Ground Academy), Series 2023, Ref. RB                                            | CUSIP: 852297DT4<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |    545000 | PA      | $552409.71    | 0.20%             | 2038-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Cuyahoga (County of), OH (MetroHealth System)                                                                                                    | Cuyahoga (County of), OH (MetroHealth System), Series 2017, Ref. RB                                                                               | CUSIP: 2322655T1<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1792863.80   | 0.64%             | 2052-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (University of Evansville)                                                                                  | Indiana (State of) Finance Authority (University of Evansville), Series 2022 A, Ref. RB                                                           | CUSIP: 45470ECB9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3279571.75   | 1.18%             | 2044-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs)                                                                 | Alachua (County of), FL Health Facilities Authority (Terraces at Bonita Springs), Series 2022 A, Ref. RB                                          | CUSIP: 010685LE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1075000 | PA      | $764525.49    | 0.27%             | 2061-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights)                                                                       | Kirkwood (City of), MO Industrial Development Authority (Aberdeen Heights), Series 2017 A, Ref. RB                                                | CUSIP: 497609BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2183869.13   | 0.78%             | 2037-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Tobacco Settlement Authority                                                                                                     | Iowa (State of) Tobacco Settlement Authority, Series 2021 B-2, Ref. RB                                                                            | CUSIP: 888805CJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12530000 | PA      | $1739448.43   | 0.62%             | 2065-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor)                                                          | Shelby (County of), TN Health, Educational & Housing Facilities Board (Trezevant Manor), Series 2013 A, Ref. RB                                   | CUSIP: 821697K81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1340455.20   | 0.48%             | 2047-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Lutheran Communities Obligated Group)                                                                     | Illinois (State of) Finance Authority (Lutheran Communities Obligated Group), Series 2019 A, Ref. RB                                              | CUSIP: 45204E6F0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $692500.00    | 0.25%             | 2049-11-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The))                                                                | New Hope Cultural Education Facilities Finance Corp. (Outlook at Windhaven (The)), Series 2022, RB                                                | CUSIP: 64542UGJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $345178.95    | 0.12%             | 2027-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Liberty Development Corp. (3 World Trade Center)                                                                                        | New York Liberty Development Corp. (3 World Trade Center), Series 2014-3, Ref. RB                                                                 | CUSIP: 649519DD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001482.00   | 1.08%             | 2044-11-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford)                                                            | New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford), Series 2016 A, RB                                          | CUSIP: 64542UDA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1119352.95   | 0.40%             | 2052-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences)                                                            | Wisconsin (State of) Public Finance Authority (Roseman University of Health Sciences), Series 2015, Ref. RB                                       | CUSIP: 74442PAU9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    660000 | PA      | $639782.15    | 0.23%             | 2045-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Ventura Unified School District                                                                                                                  | Ventura Unified School District, Series 2023, GO Bonds                                                                                            | CUSIP: 923004TU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3549724.00   | 1.27%             | 2048-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (AES Puerto Rico) | Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (AES Puerto Rico)  | CUSIP: 74528KAA1<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |     81559 | PA      | $81278.66     | 0.03%             | 2027-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                                                                                              | California Public Finance Authority, Series 2025, RB                                                                                              | CUSIP: 13057TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1467934.95   | 0.53%             | 2065-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Alabama Proton Therapy Center)                                                                    | Wisconsin (State of) Public Finance Authority (Alabama Proton Therapy Center), Series 2017 A, RB                                                  | CUSIP: 74442PEV3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $200000.00    | 0.07%             | 2047-10-01      | Fixed         | 6.85%                 | Yes           |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                                                                                    | North Texas Tollway Authority, Series 2011 B, RB                                                                                                  | CUSIP: 66285WHD1<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $3702506.50   | 1.33%             | 2031-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                            | Children's Trust Fund, Series 2002, RB                                                                                                            | CUSIP: 16876QBF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $308973.88    | 0.11%             | 2039-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges)                                                  | Pennsylvania (Commonwealth of) Economic Development Financing Authority (Penndot Major Bridges), Series 2022, RB                                  | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1285652.00   | 0.46%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Silicon Valley Tobacco Securitization Authority (Santa Clara)                                                                                    | Silicon Valley Tobacco Securitization Authority (Santa Clara), Series 2007 A, RB                                                                  | CUSIP: 82706TAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1736479.50   | 0.62%             | 2041-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (Stayton at Museum Way (The))                                                         | Tarrant County Cultural Education Facilities Finance Corp. (Stayton at Museum Way (The)), Series 2024 A, RB                                       | CUSIP: 87638RKM8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    658624 | PA      | $538425.58    | 0.19%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Tallahassee Tapestry)                                                                                                | Capital Trust Agency, Inc. (Tallahassee Tapestry), Series 2015, RB                                                                                | CUSIP: 14052WCG0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $12000.00     | 0.00%             | 2035-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Millsboro (Town of), DE (Plantation Lakes Special Development District)                                                                          | Millsboro (Town of), DE (Plantation Lakes Special Development District), Series 2018, Ref. RB                                                     | CUSIP: 601266AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    996000 | PA      | $915194.52    | 0.33%             | 2048-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wildwood Reserve Infrastructure Financing District                                                                                               | Wildwood Reserve Infrastructure Financing District, Series 2025, RB                                                                               | CUSIP: 96821AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1345044.90   | 0.48%             | 2054-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Indiana (State of) Finance Authority (Irvington Community School)                                                                                | Indiana (State of) Finance Authority (Irvington Community School), Series 2018 A, Ref. RB                                                         | CUSIP: 45506DP82<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978154.30    | 0.35%             | 2038-07-01      | Fixed         | 5.90%                 | No            |                  2 | On Loan: No      |
| Lee (County of), FL Industrial Development Authority (Lee County Community Charter Schools, LLC)                                                 | Lee (County of), FL Industrial Development Authority (Lee County Community Charter Schools, LLC), Series 2012, IDR                                | CUSIP: 52349KBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1160738.52   | 0.42%             | 2042-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Texas (State of) Water Development Board                                                                                                         | Texas (State of) Water Development Board, Series 2022, RB                                                                                         | CUSIP: 88285ABJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001188.00   | 0.72%             | 2052-10-15      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Chaparral Pointe Metropolitan District                                                                                                           | Chaparral Pointe Metropolitan District, Series 2021, GO Bonds                                                                                     | CUSIP: 15941AAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1140782.81   | 0.41%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program)                                                      | California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program), Series 2002, RB                                      | CUSIP: 130923BH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $764986.65    | 0.27%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Knox (County of), TN & Knoxville (City of), TN Sports Authority (Multi-Use Stadium)                                                              | Knox (County of), TN & Knoxville (City of), TN Sports Authority (Multi-Use Stadium), Series 2023 A, RB                                            | CUSIP: 499419AV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5400906.00   | 1.94%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| East Bend Metropolitan District                                                                                                                  | East Bend Metropolitan District, Series 2022, GO Bonds                                                                                            | CUSIP: 27103CAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2433529.80   | 0.87%             | 2052-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Advantage Academy of Hillsborough)                                                                                   | Capital Trust Agency, Inc. (Advantage Academy of Hillsborough), Series 2019 A, RB                                                                 | CUSIP: 14054CCA5<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   3230000 | PA      | $2769207.88   | 0.99%             | 2049-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Coon Rapids MN                                                                                                                           | City of Coon Rapids MN, Series 2025, RB                                                                                                           | CUSIP: 21657FAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2896435.50   | 1.04%             | 2065-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.)                                               | Southern California Tobacco Securitization Authority (San Diego County Asset Securitization Corp.), Series 2019, Ref. RB                          | CUSIP: 888804CU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $670831.35    | 0.24%             | 2054-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Northcrest, Inc.)                                                                                             | Iowa (State of) Finance Authority (Northcrest, Inc.), Series 2018 A, RB                                                                           | CUSIP: 46245FAV6<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1141067.26   | 0.41%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.)                                                             | Massachusetts (Commonwealth of) Development Finance Agency (Newbridge Charles, Inc.), Series 2017, Ref. RB                                        | CUSIP: 57584X4P3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $894701.00    | 0.32%             | 2057-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                         | Chicago (City of), IL Board of Education, Series 2022 B, Ref. GO Bonds                                                                            | CUSIP: 167505YK6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1391602.34   | 0.50%             | 2040-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Signorelli)                                                                                       | Wisconsin (State of) Public Finance Authority (Signorelli), Series 2024, RB                                                                       | CUSIP: 74447TAF9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1136000 | PA      | $1136040.44   | 0.41%             | 2032-12-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center)                                         | California (State of) Statewide Communities Development Authority (Loma Linda University Medical Center), Series 2014, RB                         | CUSIP: 13080SEX8<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1935063.40   | 0.69%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| American Samoa (Territory of) Economic Development Authority                                                                                     | American Samoa (Territory of) Economic Development Authority, Series 2015 A, Ref. RB                                                              | CUSIP: 02936TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $751193.63    | 0.27%             | 2035-09-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.)                                                                           | Idaho (State of) Health Facilities Authority (Valley Vista Care Corp.), Series 2017 A, Ref. RB                                                    | CUSIP: 451295YZ6<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1173226.88   | 0.42%             | 2047-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program)                                                      | California (State of) Statewide Financing Authority (Pooled Tobacco Securitization Program), Series 2006 C, RB                                    | CUSIP: 130923BP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  25000000 | PA      | $1719982.50   | 0.62%             | 2055-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI                                                                                                               | New York Counties Tobacco Trust VI, Series 2016 A-1, Ref. RB                                                                                      | CUSIP: 64945JBC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1889361.80   | 0.68%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Lee's Summit (City of), MO Industrial Development Authority (John Knox Village)                                                                  | Lee's Summit (City of), MO Industrial Development Authority (John Knox Village), Series 2018 A, Ref. RB                                           | CUSIP: 524292BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $766904.13    | 0.28%             | 2042-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (St. Joseph's University)                                                        | Philadelphia (City of), PA Authority for Industrial Development (St. Joseph's University), Series 2022, RB                                        | CUSIP: 71780TBM4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3040504.80   | 1.09%             | 2060-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of) Health & Educational Facilities Authority (Massachusetts Institute of Technology)                                | Massachusetts (Commonwealth of) Health & Educational Facilities Authority (Massachusetts Institute of Technology), Series 2002 K, RB              | CUSIP: 57585KWD6<br>LEI: 549300MV50RWQFTX5223 | Long             | DBT              | MUN               | US        |    505000 | PA      | $595711.84    | 0.21%             | 2032-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Explore Academy)                                                                                  | Wisconsin (State of) Public Finance Authority (Explore Academy), Series 2018 A, RB                                                                | CUSIP: 74443DCL3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1110670.70   | 0.40%             | 2048-02-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| California (State of) Municipal Finance Authority (Palomar Health)                                                                               | California (State of) Municipal Finance Authority (Palomar Health), Series 2022 A, Ref. COP                                                       | CUSIP: 130493CL1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1253028.25   | 0.45%             | 2052-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York (City of), NY Transitional Finance Authority                                                                                            | New York (City of), NY Transitional Finance Authority, Subseries 2022 D-1, RB                                                                     | CUSIP: 64971X4F2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5116624.50   | 1.84%             | 2048-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority (KIPP Miami N Campus)                                                                                                    | Capital Trust Authority (KIPP Miami N Campus), Series 2024 A, RB                                                                                  | CUSIP: 14054WAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $793652.56    | 0.28%             | 2060-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Maryland Proton Treatment Center)                                                                 | Wisconsin (State of) Public Finance Authority (Maryland Proton Treatment Center), Series 2018 A-1, RB                                             | CUSIP: 74442PJU0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $450000.00    | 0.16%             | 2038-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                                                                                         | Public Finance Authority, Series 2025, RB                                                                                                         | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2115848.60   | 0.76%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.)                                              | New Jersey (State of) Economic Development Authority (Leap Academy University Charter School, Inc.), Series 2014 A, RB                            | CUSIP: 645912DT0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1200132.12   | 0.43%             | 2049-10-01      | Fixed         | 6.30%                 | No            |                  2 | On Loan: No      |
| Ritoro Metropolitan District                                                                                                                     | Ritoro Metropolitan District, Series 2025, Ref. GO Bonds                                                                                          | CUSIP: 76778TAT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    658000 | PA      | $638322.38    | 0.23%             | 2057-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Manatee (County of), FL                                                                                                                          | Manatee (County of), FL, Series 2023, RB                                                                                                          | CUSIP: 561851LQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8448408.00   | 3.03%             | 2053-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Nevada (State of) Department of Business & Industry (Brightline West Passenger Rail) (Green Bonds)                                               | Nevada (State of) Department of Business & Industry (Brightline West Passenger Rail) (Green Bonds), Series 2025, RB                               | CUSIP: 641455AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2758395.60   | 0.99%             | 2033-01-01      | Variable      | 9.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (River City Science Academy)                                                                                   | Florida Development Finance Corp. (River City Science Academy), Series 2021, RB                                                                   | CUSIP: 34061UGR3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $974289.00    | 0.35%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hess Ranch Metropolitan District No. 6                                                                                                           | Hess Ranch Metropolitan District No. 6, Series 2020 A-2, GO Bonds                                                                                 | CUSIP: 428112AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $893692.80    | 0.32%             | 2049-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| California (State of) Educational Facilities Authority (Stanford University)                                                                     | California (State of) Educational Facilities Authority (Stanford University), Series 2014 U-6, RB                                                 | CUSIP: 1301783W4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3218859.60   | 1.16%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (High Point Academy Project)                                                       | South Carolina (State of) Jobs-Economic Development Authority (High Point Academy Project), Series 2018 A, RB                                     | CUSIP: 83704MAL0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1357951.95   | 0.49%             | 2039-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Gladieux Metals Recycling, LLC                                                                                                                   | Gladieux Metals Recycling, LLC                                                                                                                    | CUSIP: 37654HAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    299633 | PA      | $287647.35    | 0.10%             | 2026-05-08      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| Seminole (County of), FL                                                                                                                         | Seminole (County of), FL, Series 2022, Ref. RB                                                                                                    | CUSIP: 816699BN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2430000 | PA      | $2443156.02   | 0.88%             | 2052-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of)                                                                                                                  | Massachusetts (Commonwealth of), Series 2004 A, Ref. GO Bonds                                                                                     | CUSIP: 57582NUZ6<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |    960000 | PA      | $1080497.86   | 0.39%             | 2030-08-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Reno (City of), NV (ReTRAC - Reno Transportation Rail Access Corridor)                                                                           | Reno (City of), NV (ReTRAC - Reno Transportation Rail Access Corridor), Series 2018 C, Ref. RB                                                    | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $592922.80    | 0.21%             | 2058-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Remuda Ranch Metropolitan District                                                                                                               | Remuda Ranch Metropolitan District, Series 2020 A, GO Bonds                                                                                       | CUSIP: 75971UAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $1815271.32   | 0.65%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority                                                                                                       | Metropolitan Washington Airports Authority, Series 2023, RB                                                                                       | CUSIP: 592647MC2<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6054398.40   | 2.17%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hutto (City of), TX                                                                                                                              | Hutto (City of), TX, Series 2025, RB                                                                                                              | CUSIP: 448529AW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $277739.43    | 0.10%             | 2045-09-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Renaissance Charter School, Inc.)                                                                             | Florida Development Finance Corp. (Renaissance Charter School, Inc.)                                                                              | CUSIP: 34061UBV9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    985000 | PA      | $985185.18    | 0.35%             | 2046-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.)                                                                | New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.), Series 2012, RB                                                | CUSIP: 64578CBT7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    705000 | PA      | $706406.69    | 0.25%             | 2027-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp.                                                                                                            | Puerto Rico Sales Tax Financing Corp., Series 2018 A-1, RB                                                                                        | CUSIP: 74529JQG3<br>LEI: 549300EIUFISISP8X671 | Long             | DBT              | MUN               | US        |  24150000 | PA      | $7632786.21   | 2.74%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Poway Unified School District (School Facilities Improvement)                                                                                    | Poway Unified School District (School Facilities Improvement), Series 2011, GO Bonds                                                              | CUSIP: 738850RE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $4416419.20   | 1.59%             | 2039-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| West Meadow Metropolitan District (Senior Bonds)                                                                                                 | West Meadow Metropolitan District (Senior Bonds), Series 2023 A, Ref. GO Bonds                                                                    | CUSIP: 954261AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503013.85    | 0.18%             | 2050-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                                                                                          | Michigan Strategic Fund, Series 2016, RB                                                                                                          | CUSIP: 594ESCAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2705000 | PA      | $603215.00    | 0.22%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade (County of), FL                                                                                                                       | Miami-Dade (County of), FL, Series 2017 B, Ref. RB                                                                                                | CUSIP: 59333PZ92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2005071.80   | 0.72%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Utah (State of) Charter School Finance Authority (Wallace Stegner Academy)                                                                       | Utah (State of) Charter School Finance Authority (Wallace Stegner Academy), Series 2022 A, RB                                                     | CUSIP: 91754TS79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2767344.60   | 0.99%             | 2052-06-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                                                                                               | Tobacco Settlement Financing Corp., Series 2007 B-2, RB                                                                                           | CUSIP: 88880NAV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $866232.10    | 0.31%             | 2046-06-01      | Variable      | 5.20%                 | No            |                  2 | On Loan: No      |
| Arkansas (State of) Development Finance Authority (Green Bonds)                                                                                  | Arkansas (State of) Development Finance Authority (Green Bonds), Series 2022, RB                                                                  | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1457110.50   | 0.52%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                                                                                          | Port Authority of New York & New Jersey, Series 2025, RB                                                                                          | CUSIP: 73358XQW5<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1023246.10   | 0.37%             | 2047-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee's Summit (City of), MO Industrial Development Authority (John Knox Village)                                                                  | Lee's Summit (City of), MO Industrial Development Authority (John Knox Village), Series 2016 A, RB                                                | CUSIP: 524292AR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1692841.60   | 0.61%             | 2046-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC)                                                                     | Brazoria County Industrial Development Corp. (Gladieux Metals Recycling LLC), Series 2019, RB                                                     | CUSIP: 10604PAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $290000.00    | 0.10%             | 2039-03-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Long Beach (City of), CA Bond Finance Authority                                                                                                  | Long Beach (City of), CA Bond Finance Authority, Series 2023, RB                                                                                  | CUSIP: 54241QDH8<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $8611467.00   | 3.09%             | 2053-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (AES Puerto Rico) | Puerto Rico (Commonwealth of) Industrial, Tourist, Educational, Medical & Environmental Control Facilities Financing Authority (AES Puerto Rico)  | CUSIP: 74528KAB9<br>LEI: 549300YJRISCG6HQ4512 | Long             | DBT              | MUN               | US        |    622033 | PA      | $620424.86    | 0.22%             | 2028-01-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Two Step)                                                                                         | Wisconsin (State of) Public Finance Authority (Two Step), Series 2024, RB                                                                         | CUSIP: 74442PF42<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $859749.60    | 0.31%             | 2034-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Brooklyn Arena Local Development Corp. (Barclays Center)                                                                                         | Brooklyn Arena Local Development Corp. (Barclays Center), Series 2009, RB                                                                         | CUSIP: 113807AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $3171590.00   | 1.14%             | 2046-07-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa (State of) Finance Authority (Iowa Fertilizer Co.)                                                                                          | Iowa (State of) Finance Authority (Iowa Fertilizer Co.), Series 2022, Ref. RB                                                                     | CUSIP: 46246SAV7<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2270955.40   | 0.82%             | 2042-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank (Convention Center Hotel)                                                                        | Indianapolis Local Public Improvement Bond Bank (Convention Center Hotel), Series 2023 E, RB                                                      | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1016677.90   | 0.36%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Maine Health & Higher Educational Facilities Authority                                                                                           | Maine Health & Higher Educational Facilities Authority, Series 2023, RB                                                                           | CUSIP: 56042SCZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10660000 | PA      | $10022139.71  | 3.60%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining)                                                                      | Tuscaloosa (County of), AL Industrial Development Authority (Hunt Refining), Series 2019 A, Ref. IDR                                              | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $978502.80    | 0.35%             | 2044-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home)                                                            | Tarrant County Cultural Education Facilities Finance Corp. (C.C. Young Memorial Home), Series 2017 A, RB                                          | CUSIP: 87638RHM2<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $650000.00    | 0.23%             | 2052-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| County of Broward FL Convention Center Hotel Revenue                                                                                             | County of Broward FL Convention Center Hotel Revenue, Series 2022, RB                                                                             | CUSIP: 115012AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12365000 | PA      | $12714274.16  | 4.56%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Westchester (County of), NY Industrial Development Agency (Million Air Two LLC General Aviation Facilities)                                      | Westchester (County of), NY Industrial Development Agency (Million Air Two LLC General Aviation Facilities), Series 2017 A, RB                    | CUSIP: 95737MAA9<br>LEI: 549300YOPFLG4RJ5YO58 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040773.30   | 0.37%             | 2046-06-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust V                                                                                                                | New York Counties Tobacco Trust V, Series 2005 S-2, RB                                                                                            | CUSIP: 649441AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8100000 | PA      | $1138413.69   | 0.41%             | 2050-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Ramsey (City of), MN (Pact Charter School)                                                                                                       | Ramsey (City of), MN (Pact Charter School), Series 2022 A, Ref. RB                                                                                | CUSIP: 751814AA2<br>LEI: 549300PYUDKBK3S78343 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1487476.80   | 0.53%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.)                                                                | New Jersey (State of) Economic Development Authority (Continental Airlines, Inc.), Series 1999, RB                                                | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    705000 | PA      | $705736.02    | 0.25%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pima (County of), AZ Industrial Development Authority (The) (Career Success Schools)                                                             | Pima (County of), AZ Industrial Development Authority (The) (Career Success Schools), Series 2020, Ref. RB                                        | CUSIP: 72177MTE7<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1420701.45   | 0.51%             | 2040-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community)                                                               | New Hope Cultural Education Facilities Finance Corp. (Carillon Lifecare Community), Series 2016, Ref. RB                                          | CUSIP: 64542UBB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600075.96    | 0.22%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Daly (City of), CA Housing Development Finance Agency (Franciscan Mobile Home Park Acquisition)                                                  | Daly (City of), CA Housing Development Finance Agency (Franciscan Mobile Home Park Acquisition), Series 2007 C, Ref. RB                           | CUSIP: 235669FK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $829457.60    | 0.30%             | 2047-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| California (State of)                                                                                                                            | California (State of), Series 2023, GO Bonds                                                                                                      | CUSIP: 13063D5F1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4169992.00   | 1.50%             | 2053-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Development Finance Authority (CITGO Petroleum Corp.)                                                                        | Illinois (State of) Development Finance Authority (CITGO Petroleum Corp.), Series 2002, RB                                                        | CUSIP: 451916AH3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    140000 | PA      | $140163.21    | 0.05%             | 2032-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus)                                                                  | Glendale (City of), AZ Industrial Development Authority (The Beatitudes Campus), Series 2017, Ref. RB                                             | CUSIP: 378286JM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1079567.25   | 0.39%             | 2040-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Housing & Mortgage Finance Agency (Riverview Towers Apartments)                                                            | New Jersey (State of) Housing & Mortgage Finance Agency (Riverview Towers Apartments), Series 2024, RB                                            | CUSIP: 646127FN5<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2293716.60   | 0.82%             | 2065-12-20      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Georgetown (City of), CT Special Taxing District                                                                                                 | Georgetown (City of), CT Special Taxing District, Series 2006 A, GO Bonds                                                                         | CUSIP: 373022AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5310000 | PA      | $637200.00    | 0.23%             | 2036-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority                                                                                                    | Wisconsin (State of) Public Finance Authority, Series 2023 B, RB                                                                                  | CUSIP: 74448GAB5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1420000.00   | 0.51%             | 2062-07-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                                                                                              | California Public Finance Authority, Series 2025, RB                                                                                              | CUSIP: 13057TAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1465601.40   | 0.53%             | 2055-06-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Parrish Charter Academy, Inc.)                                                                                | Florida Development Finance Corp. (Parrish Charter Academy, Inc.), Series 2023, RB                                                                | CUSIP: 34061ULY2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2102893.26   | 0.75%             | 2028-06-15      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Brightline Florida Passenger Rail)                                                                            | Florida Development Finance Corp. (Brightline Florida Passenger Rail), Series 2024, Ref. RB                                                       | CUSIP: 340618DP9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1650058.60   | 0.59%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern California Logistics Airport Authority                                                                                                  | Southern California Logistics Airport Authority, Series 2008 A, RB                                                                                | CUSIP: 842472DH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18085000 | PA      | $5872709.50   | 2.11%             | 2044-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Capital Projects Finance Authority (Kissimmee Charter Academy)                                                                                   | Capital Projects Finance Authority (Kissimmee Charter Academy), Series 2024, RB                                                                   | CUSIP: 14043FAH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $273644.14    | 0.10%             | 2054-06-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion)                                                                  | Florida Development Finance Corp. (Brightline Florida Passenger Rail Expansion), Series 2024, Ref. RB                                             | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1240000.00   | 0.45%             | 2028-07-15      | Variable      | 12.00%                | No            |                  2 | On Loan: No      |
| Illinois (State of)                                                                                                                              | Illinois (State of), Series 2020, GO Bonds                                                                                                        | CUSIP: 4521526M8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1032069.10   | 0.37%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Inc. (Tallahassee Tapestry)                                                                                                | Capital Trust Agency, Inc. (Tallahassee Tapestry), Series 2015, RB                                                                                | CUSIP: 14052WCH8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $120000.00    | 0.04%             | 2045-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Haymeadow Metropolitan District No. 1                                                                                                            | Haymeadow Metropolitan District No. 1, Series 2025, GO Bonds                                                                                      | CUSIP: 42089FAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1180322.92   | 0.42%             | 2049-12-15      | Fixed         | 8.38%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Northshore Edward Elmhurst Health Credit Group)                                                           | Illinois (State of) Finance Authority (Northshore Edward Elmhurst Health Credit Group), Series 2022 A, Ref. RB                                    | CUSIP: 45204FQC2<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   5375000 | PA      | $5248470.35   | 1.88%             | 2051-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust IV                                                                                                               | New York Counties Tobacco Trust IV, Series 2010 A, RB                                                                                             | CUSIP: 62947YAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    982000 | PA      | $922941.34    | 0.33%             | 2041-06-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC)                                                             | West Virginia (State of) Economic Development Authority (Entsorga West Virginia LLC), Series 2016, RB                                             | CUSIP: 95648VAY5<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    750000 | PA      | $262500.00    | 0.09%             | 2036-02-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Silicon Valley Tobacco Securitization Authority (Santa Clara)                                                                                    | Silicon Valley Tobacco Securitization Authority (Santa Clara), Series 2007 A, RB                                                                  | CUSIP: 82706TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1087110.60   | 0.39%             | 2036-06-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York (State of) Dormitory Authority                                                                                                          | New York (State of) Dormitory Authority, Series 2018, RB                                                                                          | CUSIP: 64990AQM0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2283099.75   | 0.82%             | 2046-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AES PUERTO RICO Inc.                                                                                                                             | AES PUERTO RICO Inc.                                                                                                                              | CUSIP: 00810HAA0<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |      4565 | PA      | $4427.66      | 0.00%             | 2026-03-04      | Fixed         | 12.50%                | No            |                  3 | On Loan: No      |
| Chicago (City of), IL Board of Education                                                                                                         | Chicago (City of), IL Board of Education, Series 2023 A, GO Bonds                                                                                 | CUSIP: 167505ZG4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019687.60   | 0.37%             | 2049-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| King (County of), WA Public Hospital District No. 4                                                                                              | King (County of), WA Public Hospital District No. 4, Series 2015 A, RB                                                                            | CUSIP: 494796AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1072827.03   | 0.39%             | 2045-12-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Charyl Stockwell Academy                                                                                                                         | Charyl Stockwell Academy, Series 2015, Ref. RB                                                                                                    | CUSIP: 161419AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $550385.04    | 0.20%             | 2045-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Illinois (State of) Finance Authority (Lutheran Communities Obligated Group)                                                                     | Illinois (State of) Finance Authority (Lutheran Communities Obligated Group), Series 2019 A, Ref. RB                                              | CUSIP: 45204E6E3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1056062.50   | 0.38%             | 2040-11-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana (State of) Local Government Environmental Facilities & Community Development Authority                                                 | Louisiana (State of) Local Government Environmental Facilities & Community Development Authority, Series 2015 A, Ref. RB                          | CUSIP: 546282H72<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    750000 | PA      | $712717.50    | 0.26%             | 2045-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Nassau (County of), NY Industrial Development Agency                                                                                             | Nassau (County of), NY Industrial Development Agency                                                                                              | CUSIP: 631ESCAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1478780 | PA      | $0.00         | 0.00%             | 2058-01-01      | Variable      | 0.00%                 | No            |                  3 | On Loan: No      |
| Ohio (State of) Air Quality Development Authority (AMG Vanadium Project)                                                                         | Ohio (State of) Air Quality Development Authority (AMG Vanadium Project), Series 2019, RB                                                         | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1742044.20   | 0.63%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Children's Trust Fund                                                                                                                            | Children's Trust Fund, Series 2005 A, RB                                                                                                          | CUSIP: 16876QBJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23000000 | PA      | $4440564.00   | 1.59%             | 2050-05-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey (State of) Transportation Trust Fund Authority                                                                                        | New Jersey (State of) Transportation Trust Fund Authority, Series 2023 BB, RB                                                                     | CUSIP: 64613CEH7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5102844.00   | 1.83%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Houston (City of), TX Airport System (Continental Airlines, Inc.)                                                                                | Houston (City of), TX Airport System (Continental Airlines, Inc.), Series 2011 A, Ref. RB                                                         | CUSIP: 4423485T1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002160.30   | 0.36%             | 2038-07-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority (Quality Education Academy)                                                                        | Wisconsin (State of) Public Finance Authority (Quality Education Academy), Series 2023, RB                                                        | CUSIP: 744396JA1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    475000 | PA      | $480620.30    | 0.17%             | 2053-07-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp. (Cypress Christian School)                                                                              | Arlington Higher Education Finance Corp. (Cypress Christian School), Series 2024, RB                                                              | CUSIP: 041807GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1479514.50   | 0.53%             | 2043-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Wichita (City of), KS (Presbyterian Manors, Inc.)                                                                                                | Wichita (City of), KS (Presbyterian Manors, Inc.), Series 2024 VIII, Ref. RB                                                                      | CUSIP: 967249RM7<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $927389.20    | 0.33%             | 2045-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| South Carolina (State of) Jobs-Economic Development Authority (South Carolina Episcopal Home at Still Hopes)                                     | South Carolina (State of) Jobs-Economic Development Authority (South Carolina Episcopal Home at Still Hopes), Series 2018 A, Ref. RB              | CUSIP: 83704CAY4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1778274.60   | 0.64%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of)                                                                                                                  | Massachusetts (Commonwealth of), Series 2024 E, GO Bonds                                                                                          | CUSIP: 57582TAQ5<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   9480000 | PA      | $9609888.32   | 3.45%             | 2053-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico (Commonwealth of)                                                                                                                    | Puerto Rico (Commonwealth of), Subseries 2022, RN                                                                                                 | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    546857 | PA      | $343836.43    | 0.12%             | 2043-11-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Verve Metropolitan District No. 1                                                                                                                | Verve Metropolitan District No. 1, Series 2021, Ref. GO Bonds                                                                                     | CUSIP: 92538YAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $495860.93    | 0.18%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging)                                              | Birmingham (City of), AL Special Care Facilities Financing Authority (Methodist Home for the Aging), Series 2016, RB                              | CUSIP: 091081DN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $879284.90    | 0.32%             | 2045-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Massachusetts (Commonwealth of)                                                                                                                  | Massachusetts (Commonwealth of), Series 2023 A, GO Bonds                                                                                          | CUSIP: 57582R3A2<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10020000 | PA      | $10102717.10  | 3.63%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago (City of), IL                                                                                                                            | Chicago (City of), IL, Series 2017 A, Ref. GO Bonds                                                                                               | CUSIP: 167486ZY8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1522945.20   | 0.55%             | 2038-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Philadelphia (City of), PA Authority for Industrial Development (Children's Hospital of Philadelphia)                                            | Philadelphia (City of), PA Authority for Industrial Development (Children's Hospital of Philadelphia), Series 2024, RB                            | CUSIP: 717901BZ4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7236299.70   | 2.60%             | 2049-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California (State of) Statewide Communities Development Authority (Creative Child Care & Team Charter)                                           | California (State of) Statewide Communities Development Authority (Creative Child Care & Team Charter), Series 2015, RB                           | CUSIP: 13080KAU5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    700000 | PA      | $659587.60    | 0.24%             | 2045-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Denver (City & County of), CO                                                                                                                    | Denver (City & County of), CO, Series 2022 D, Ref. RB                                                                                             | CUSIP: 249182TM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2095849.20   | 0.75%             | 2045-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Gardens on Havana Metropolitan District No. 3 (The)                                                                                              | Gardens on Havana Metropolitan District No. 3 (The), Series 2017 B, RB                                                                            | CUSIP: 365491AE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    560000 | PA      | $560986.27    | 0.20%             | 2047-12-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Regents of the University of California Medical Center                                                                                           | Regents of the University of California Medical Center, Series 2022 P, RB                                                                         | CUSIP: 913366KT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10740000 | PA      | $9116112.00   | 3.27%             | 2053-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona (State of) Industrial Development Authority (Academies of Math & Science)                                                                | Arizona (State of) Industrial Development Authority (Academies of Math & Science), Series 2022, RB                                                | CUSIP: 04052BSK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1527529.73   | 0.55%             | 2052-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Branson Hills Infrastructure Facilities Community Improvement District                                                                           | Branson Hills Infrastructure Facilities Community Improvement District, Series 2007 A, RB                                                         | CUSIP: 10542RAK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    607676 | PA      | $176226.08    | 0.06%             | 2027-04-01      | Fixed         | 5.50%                 | No            |                  3 | On Loan: No      |
| Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village)                                                          | Huntsville (City of), AL Special Care Facilities Financing Authority (Redstone Village), Series 2007, RB                                          | CUSIP: 447297AL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $661375.00    | 0.24%             | 2043-01-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin (State of) Public Finance Authority                                                                                                    | Wisconsin (State of) Public Finance Authority, Series 2023 A, Ref. RB                                                                             | CUSIP: 74442ELK4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002458.10   | 0.36%             | 2053-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford)                                                            | New Hope Cultural Education Facilities Finance Corp. (MRC Senior Living-The Langford), Series 2016 A, RB                                          | CUSIP: 64542UCZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $311291.96    | 0.11%             | 2046-11-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                                                                                   | Buckeye Tobacco Settlement Financing Authority, Series 2020 B-2, Ref. RB                                                                          | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1415939.70   | 0.51%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.)                                                        | Alachua (County of), FL Health Facilities Authority (East Ridge Retirement Village, Inc.), Series 2014, RB                                        | CUSIP: 010685JV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    279174 | PA      | $4187.60      | 0.00%             | 2049-11-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Washington (State of) Housing Finance Commission (Presbyterian Retirement Communities Northwest)                                                 | Washington (State of) Housing Finance Commission (Presbyterian Retirement Communities Northwest), Series 2016 A, Ref. RB                          | CUSIP: 939783TK2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1736173.20   | 0.62%             | 2051-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                                                                                | City & County of Denver CO Airport System Revenue, Series 2022, RB                                                                                | CUSIP: 249182TL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004736.20   | 0.36%             | 2042-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire (State of) Business Finance Authority (Social Bonds)                                                                               | New Hampshire (State of) Business Finance Authority (Social Bonds), Series 2022-2A, RB                                                            | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1056883 | PA      | $998423.39    | 0.36%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc.                                                                                                                                      | TSASC, Inc., Series 2016 B, Ref. RB                                                                                                               | CUSIP: 898526FQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1718455.00   | 0.62%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-09-30

**Name of Applicant:** Invesco Municipal Income Opportunities Trust

**Signature:** Adrien Deberghes

**Name of Signer:** Adrien Deberghes

**Title:** Principal Financial Officer and Treasurer