# EDGAR Filing Document

**Accession Number:** 0000795384
**File Stem:** 0001145549-25-038758
**Filing Date:** 2025-6
**Character Count:** 85892
**Document Hash:** 4a3a498c3768670a23283235a52d84f0
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-25-038758.hdr.sgml**: 20250606

**ACCESSION NUMBER**: 0001145549-25-038758

**CONFORMED SUBMISSION TYPE**: N-MFP3

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20250531

**FILED AS OF DATE**: 20250606

**DATE AS OF CHANGE**: 20250606

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** T. Rowe Price State Tax-Free Funds, Inc.
- **CENTRAL INDEX KEY:** 0000795384

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** N-MFP3
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04521
- **FILM NUMBER:** 251029206

**BUSINESS ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231
- **BUSINESS PHONE:** 410-345-2000

**MAIL ADDRESS:**
- **STREET 1:** 1307 POINT STREET
- **CITY:** BALTIMORE
- **STATE:** MD
- **ZIP:** 21231

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** T. Rowe Price State Tax-Free Income Trust
- **DATE OF NAME CHANGE:** 20051028

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE STATE TAX FREE INCOME TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** PRICE T ROWE NEW YORK TAX FREE INCOME TRUST
- **DATE OF NAME CHANGE:** 19870416

## Series and Classes Contracts Data

### T. Rowe Price Maryland Tax-Free Money Fund (Series ID: S000002150)

| Class ID   | Class Name                                         | Ticker Symbol   |
|:---|:---|:---|
| C000005546 | T. Rowe Price Maryland Tax-Free Money Fund         | TMDXX           |
| C000193184 | T. Rowe Price Maryland Tax-Free Money Fund-I Class | TWNXX           |

# Form N-MFP3: Monthly Schedule of Portfolio Holdings

## N-MFP: Filer Information
**Submission Type:** N-MFP3
**CIK:** 0000795384

### General Information

**Report for (YYYY-MM-DD):** 2025-05-31

**Registrant Full Name:** T. ROWE PRICE STATE TAX-FREE FUNDS, INC.

**CIK Number of Registrant:** 0000795384

**LEI of Registrant:** 549300JRGCNK8RONA772

**Name of Series:** T. Rowe Price Maryland Tax-Free Money Fund

**LEI of Series:** 549300FOKGNPWH34VG35

**EDGAR Series Identifier:** S000002150

**Total number of share classes in the series:** 2

**Is this the fund's final filing on Form N-MFP?:** No

**Has the fund acquired or merged with another fund?:** No

## Part A: Series-Level Information about the Fund

### Service Providers
| Role                          | Details                                                    | File/CIK Number   |
|:---|:---|:---|
| Investment Adviser            | T. Rowe Price Associates, Inc.                             | 801-00856         |
| Independent Public Accountant | PricewaterhouseCoopers LLP<br>City: Baltimore<br>State: MD |  |
| Administrator                 | None                                                       |  |
| Transfer Agent                | T. Rowe Price Services, Inc.<br>CIK: 0000703220            | 084-01079         |

### Fund Characteristics & Assets

- **Securities Act File Number:** 033-06533

- **Is this a Feeder Fund?:** No

- **Is this a Master Fund?:** No

- **Is this series for insurance company separate accounts?:** No

- **Money Market Fund Category:** Single State

- **Is this a Retail Money Market Fund?:** Yes

- **Is this a Government Money Market Fund?:** No

- **WAM:** 45 days

- **WAL:** 45 days

- **Total Value of Portfolio Securities:** $105348724.38

- **Amortized Cost of Portfolio Securities:** $105351598.31

- **Cash:** $52810.17

- **Total Other Assets:** $3355603.78

- **Total Liabilities:** $5027381.16

- **Net Assets of Series:** $103732631.10

- **Number of Shares Outstanding (Series):** 103639991.1300

- **Does the fund seek to maintain a stable price per share?:** Yes

- **Stable Price Per Share:** $1.00

- **Is cash management vehicle an affiliated fund?:** No

- **Does the fund apply liquidity fees?:** No

### Daily & Weekly Liquid Assets
| Date       | Daily Liquid Assets ($)   | Weekly Liquid Assets ($)   | Daily Liquid Assets (%)   | Weekly Liquid Assets (%)   |
|:---|:---|:---|:---|:---|
| 2025-05-01 | $15420999.98              | $69810999.98               | 14.6500%                  | 66.3100%                   |
| 2025-05-02 | $15694067.96              | $70084067.96               | 14.8600%                  | 66.3800%                   |
| 2025-05-05 | $16558208.87              | $70948208.87               | 15.5500%                  | 66.6400%                   |
| 2025-05-06 | $14418699.49              | $70958699.49               | 13.4900%                  | 66.3900%                   |
| 2025-05-07 | $16677981.08              | $71117981.08               | 15.5800%                  | 66.4400%                   |
| 2025-05-08 | $14171058.61              | $68611058.61               | 13.2400%                  | 64.1000%                   |
| 2025-05-09 | $13802007.00              | $68242007.00               | 12.9200%                  | 63.8800%                   |
| 2025-05-12 | $13292430.83              | $67733504.04               | 12.5000%                  | 63.7000%                   |
| 2025-05-13 | $13447067.15              | $67888140.36               | 12.6000%                  | 63.6200%                   |
| 2025-05-14 | $13163866.53              | $67604939.74               | 12.3700%                  | 63.5100%                   |
| 2025-05-15 | $12994448.12              | $67435539.19               | 12.2300%                  | 63.4500%                   |
| 2025-05-16 | $13035451.42              | $67375451.42               | 12.2700%                  | 63.4100%                   |
| 2025-05-19 | $13009071.68              | $67349071.68               | 12.2500%                  | 63.4000%                   |
| 2025-05-20 | $13029075.53              | $67369075.53               | 12.2600%                  | 63.4000%                   |
| 2025-05-21 | $12984814.34              | $68324983.55               | 12.2200%                  | 64.3200%                   |
| 2025-05-22 | $13012346.34              | $68352491.38               | 12.2500%                  | 64.3200%                   |
| 2025-05-23 | $12830076.78              | $79850693.42               | 11.5700%                  | 72.0200%                   |
| 2025-05-27 | $12693827.96              | $79714306.76               | 11.4500%                  | 71.9200%                   |
| 2025-05-28 | $13554104.96              | $79574445.94               | 12.2400%                  | 71.8800%                   |
| 2025-05-29 | $11533526.90              | $77557405.27               | 10.6000%                  | 71.3000%                   |
| 2025-05-30 | $13917810.17              | $77511461.21               | 14.3600%                  | 71.2700%                   |

### 7-Day Gross Yield
| Date       | 7-Day Gross Yield   |
|:---|:---|
| 2025-05-01 | 3.0900%             |
| 2025-05-02 | 2.8400%             |
| 2025-05-05 | 2.7500%             |
| 2025-05-06 | 2.6700%             |
| 2025-05-07 | 2.5800%             |
| 2025-05-08 | 2.5000%             |
| 2025-05-09 | 2.3400%             |
| 2025-05-12 | 2.3000%             |
| 2025-05-13 | 2.2800%             |
| 2025-05-14 | 2.3000%             |
| 2025-05-15 | 2.4400%             |
| 2025-05-16 | 2.8000%             |
| 2025-05-19 | 2.9100%             |
| 2025-05-20 | 3.0000%             |
| 2025-05-21 | 3.0500%             |
| 2025-05-22 | 2.9700%             |
| 2025-05-23 | 2.7000%             |
| 2025-05-27 | 2.6400%             |
| 2025-05-28 | 2.5800%             |
| 2025-05-29 | 2.5400%             |
| 2025-05-30 | 2.4400%             |

### Daily Net Asset Value per Share (Series)
| Date       | Net Asset Value per Share   |
|:---|:---|
| 2025-05-01 | 1.0006                      |
|  |  |
| 2025-05-02 | 1.0005                      |
|  |  |
| 2025-05-05 | 1.0006                      |
|  |  |
| 2025-05-06 | 1.0006                      |
|  |  |
| 2025-05-07 | 1.0006                      |
|  |  |
| 2025-05-08 | 1.0007                      |
|  |  |
| 2025-05-09 | 1.0007                      |
|  |  |
| 2025-05-12 | 1.0007                      |
|  |  |
| 2025-05-13 | 1.0007                      |
|  |  |
| 2025-05-14 | 1.0007                      |
|  |  |
| 2025-05-15 | 1.0007                      |
|  |  |
| 2025-05-16 | 1.0007                      |
|  |  |
| 2025-05-19 | 1.0007                      |
|  |  |
| 2025-05-20 | 1.0007                      |
|  |  |
| 2025-05-21 | 1.0008                      |
|  |  |
| 2025-05-22 | 1.0008                      |
|  |  |
| 2025-05-23 | 1.0008                      |
|  |  |
| 2025-05-27 | 1.0008                      |
|  |  |
| 2025-05-28 | 1.0008                      |
|  |  |
| 2025-05-29 | 1.0008                      |
|  |  |
| 2025-05-30 | 1.0009                      |
|  |  |

## Part B: Class-Level Information about the Fund

### Class: I

- **Minimum Initial Investment:** $2500.00

- **Net Assets of Class:** $23276516.84

- **Number of Shares Outstanding:** 23255786.3530

- **Expense Reimbursement/Waiver:** 6480.47

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-05-01 | 1.0006          |
|  |  |
| 2025-05-02 | 1.0005          |
|  |  |
| 2025-05-05 | 1.0006          |
|  |  |
| 2025-05-06 | 1.0006          |
|  |  |
| 2025-05-07 | 1.0006          |
|  |  |
| 2025-05-08 | 1.0007          |
|  |  |
| 2025-05-09 | 1.0007          |
|  |  |
| 2025-05-12 | 1.0007          |
|  |  |
| 2025-05-13 | 1.0007          |
|  |  |
| 2025-05-14 | 1.0007          |
|  |  |
| 2025-05-15 | 1.0007          |
|  |  |
| 2025-05-16 | 1.0007          |
|  |  |
| 2025-05-19 | 1.0007          |
|  |  |
| 2025-05-20 | 1.0007          |
|  |  |
| 2025-05-21 | 1.0008          |
|  |  |
| 2025-05-22 | 1.0008          |
|  |  |
| 2025-05-23 | 1.0008          |
|  |  |
| 2025-05-27 | 1.0008          |
|  |  |
| 2025-05-28 | 1.0008          |
|  |  |
| 2025-05-29 | 1.0008          |
|  |  |
| 2025-05-30 | 1.0008          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-05-01 | $602836.30                | $796.16                 |
| 2025-05-02 | $251817.44                | $42060.70               |
| 2025-05-05 | $390370.77                | $13475.00               |
| 2025-05-06 | $116472.00                | $12942.82               |
| 2025-05-07 | $425100.00                | $101382.48              |
| 2025-05-08 | $7468.00                  | $33807.41               |
| 2025-05-09 | $4281.12                  | $229700.00              |
| 2025-05-12 | $44169.04                 | $303990.00              |
| 2025-05-13 | $210113.97                | $49151.99               |
| 2025-05-14 | $17118.23                 | $2400.00                |
| 2025-05-15 | $5512.60                  | $38102.00               |
| 2025-05-16 | $1245.00                  | $53419.14               |
| 2025-05-19 | $473.77                   | $3300.00                |
| 2025-05-20 | $29003.85                 | $10130.00               |
| 2025-05-21 | $10000.00                 | $2000.00                |
| 2025-05-22 | $6000.00                  | $694809.19              |
| 2025-05-23 | $0.00                     | $107070.66              |
| 2025-05-27 | $325.00                   | $17721.36               |
| 2025-05-28 | $12427.87                 | $40137.78               |
| 2025-05-29 | $28892.05                 | $0.00                   |
| 2025-05-30 | $78061.17                 | $0.00                   |

**Total Gross Subscriptions (Month):** $2241688.18

**Total Gross Redemptions (Month):** $1756396.69

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-05-01 | 2.6800%           |
| 2025-05-02 | 2.4300%           |
| 2025-05-05 | 2.3400%           |
| 2025-05-06 | 2.2600%           |
| 2025-05-07 | 2.1700%           |
| 2025-05-08 | 2.0900%           |
| 2025-05-09 | 1.9300%           |
| 2025-05-12 | 1.8900%           |
| 2025-05-13 | 1.8700%           |
| 2025-05-14 | 1.8900%           |
| 2025-05-15 | 2.0300%           |
| 2025-05-16 | 2.3900%           |
| 2025-05-19 | 2.5000%           |
| 2025-05-20 | 2.5900%           |
| 2025-05-21 | 2.6400%           |
| 2025-05-22 | 2.5600%           |
| 2025-05-23 | 2.2900%           |
| 2025-05-27 | 2.2300%           |
| 2025-05-28 | 2.1700%           |
| 2025-05-29 | 2.1300%           |
| 2025-05-30 | 2.0300%           |

**Beneficial/Record Owner Categories**
| Category      | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Broker-dealer |  | 17.5300%         | 17.5300%             |
| Broker-dealer |  | 14.5300%         | 14.5300%             |

### Class: 1I

- **Minimum Initial Investment:** $1000000.00

- **Net Assets of Class:** $80456114.26

- **Number of Shares Outstanding:** 80384204.7770

- **Expense Reimbursement/Waiver:** 19226.83

**Daily Net Asset Value per Share (Class)**
| Date       | NAV per Share   |
|:---|:---|
| 2025-05-01 | 1.0006          |
|  |  |
| 2025-05-02 | 1.0005          |
|  |  |
| 2025-05-05 | 1.0006          |
|  |  |
| 2025-05-06 | 1.0006          |
|  |  |
| 2025-05-07 | 1.0006          |
|  |  |
| 2025-05-08 | 1.0007          |
|  |  |
| 2025-05-09 | 1.0007          |
|  |  |
| 2025-05-12 | 1.0007          |
|  |  |
| 2025-05-13 | 1.0007          |
|  |  |
| 2025-05-14 | 1.0007          |
|  |  |
| 2025-05-15 | 1.0007          |
|  |  |
| 2025-05-16 | 1.0007          |
|  |  |
| 2025-05-19 | 1.0007          |
|  |  |
| 2025-05-20 | 1.0007          |
|  |  |
| 2025-05-21 | 1.0008          |
|  |  |
| 2025-05-22 | 1.0008          |
|  |  |
| 2025-05-23 | 1.0008          |
|  |  |
| 2025-05-27 | 1.0008          |
|  |  |
| 2025-05-28 | 1.0008          |
|  |  |
| 2025-05-29 | 1.0008          |
|  |  |
| 2025-05-30 | 1.0009          |
|  |  |

**Daily Shareholder Flows**
| Date       | Gross Subscriptions ($)   | Gross Redemptions ($)   |
|:---|:---|:---|
| 2025-05-01 | $241552.21                | $1500.00                |
| 2025-05-02 | $111466.15                | $40000.00               |
| 2025-05-05 | $506800.00                | $19000.00               |
| 2025-05-06 | $152000.00                | $7270.00                |
| 2025-05-07 | $125324.78                | $110967.87              |
| 2025-05-08 | $4724.10                  | $0.00                   |
| 2025-05-12 | $0.00                     | $250000.00              |
| 2025-05-13 | $6550.00                  | $3980.00                |
| 2025-05-14 | $0.00                     | $66798.58               |
| 2025-05-15 | $4122.30                  | $130000.00              |
| 2025-05-16 | $1400.00                  | $9313.63                |
| 2025-05-19 | $1446.49                  | $25000.00               |
| 2025-05-20 | $5000.00                  | $3870.00                |
| 2025-05-21 | $3584.35                  | $55000.00               |
| 2025-05-22 | $725701.30                | $7968.00                |
| 2025-05-23 | $4595.24                  | $79996.00               |
| 2025-05-27 | $0.00                     | $119000.00              |
| 2025-05-28 | $997.76                   | $9228.61                |
| 2025-05-29 | $5000.00                  | $2075000.00             |
| 2025-05-30 | $4835.28                  | $20000.00               |

**Total Gross Subscriptions (Month):** $1905099.96

**Total Gross Redemptions (Month):** $3033892.69

**7-Day Net Yield (Class)**
| Date       | 7-Day Net Yield   |
|:---|:---|
| 2025-05-01 | 2.8600%           |
| 2025-05-02 | 2.6000%           |
| 2025-05-05 | 2.5100%           |
| 2025-05-06 | 2.4300%           |
| 2025-05-07 | 2.3400%           |
| 2025-05-08 | 2.2600%           |
| 2025-05-09 | 2.1000%           |
| 2025-05-12 | 2.0600%           |
| 2025-05-13 | 2.0400%           |
| 2025-05-14 | 2.0600%           |
| 2025-05-15 | 2.2000%           |
| 2025-05-16 | 2.5600%           |
| 2025-05-19 | 2.6700%           |
| 2025-05-20 | 2.7600%           |
| 2025-05-21 | 2.8100%           |
| 2025-05-22 | 2.7300%           |
| 2025-05-23 | 2.4600%           |
| 2025-05-27 | 2.4000%           |
| 2025-05-28 | 2.3400%           |
| 2025-05-29 | 2.3000%           |
| 2025-05-30 | 2.2000%           |

**Beneficial/Record Owner Categories**
| Category        | Other Category   | Record Owner %   | Beneficial Owner %   |
|:---|:---|:---|:---|
| Retail investor |  | 9.9900%          | 9.9900%              |
| Retail investor |  | 7.8900%          | 7.8900%              |

## Part C: Schedule of Portfolio Securities

### Security 1: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588HLZ7, C.4 - ISIN: US03588HLZ72, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $125896.10
- **C.18.a - Value (excl. sponsor support):** $125896.10
- **C.19 - Percentage of Net Assets:** 0.1200%
- **C.17 - Yield as of Reporting Date:** 2.7900%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 2: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588HRS7, C.4 - ISIN: US03588HRS75, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $463297.65
- **C.18.a - Value (excl. sponsor support):** $463297.65
- **C.19 - Percentage of Net Assets:** 0.4500%
- **C.17 - Yield as of Reporting Date:** 2.7900%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 3: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588HUD6, C.4 - ISIN: US03588HUD69, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $151075.32
- **C.18.a - Value (excl. sponsor support):** $151075.32
- **C.19 - Percentage of Net Assets:** 0.1500%
- **C.17 - Yield as of Reporting Date:** 2.7900%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 4: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588HZH2, C.4 - ISIN: US03588HZH29, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $322294.02
- **C.18.a - Value (excl. sponsor support):** $322294.02
- **C.19 - Percentage of Net Assets:** 0.3100%
- **C.17 - Yield as of Reporting Date:** 2.7900%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 5: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588JDL3, C.4 - ISIN: US03588JDL35, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $239156.33
- **C.18.a - Value (excl. sponsor support):** $239156.33
- **C.19 - Percentage of Net Assets:** 0.2300%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 6: COUNTY OF ANNE ARUNDEL MD

- **C.1 - Title:** COUNTY OF ANNE ARUNDEL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 03588JLL4, C.4 - ISIN: US03588JLL43, C.3 - LEI: 549300L8Q6EFVTZGWW41
- **C.18 - Value (incl. sponsor support):** $2035373.00
- **C.18.a - Value (excl. sponsor support):** $2035373.00
- **C.19 - Percentage of Net Assets:** 1.9600%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 7: COUNTY OF BALTIMORE MD

- **C.1 - Title:** COUNTY OF BALTIMORE MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 059134EU6, C.4 - ISIN: US059134EU62
- **C.18 - Value (incl. sponsor support):** $3046482.00
- **C.18.a - Value (excl. sponsor support):** $3046482.00
- **C.19 - Percentage of Net Assets:** 2.9400%
- **C.17 - Yield as of Reporting Date:** 2.8800%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-03-01
- **C.13 - Final Legal Maturity Date:** 2026-03-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 8: COUNTY OF BALTIMORE MD

- **C.1 - Title:** COUNTY OF BALTIMORE MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 05914GEK0, C.4 - ISIN: US05914GEK04
- **C.18 - Value (incl. sponsor support):** $141948.00
- **C.18.a - Value (excl. sponsor support):** $141948.00
- **C.19 - Percentage of Net Assets:** 0.1400%
- **C.17 - Yield as of Reporting Date:** 2.8600%
- **C.11 - Maturity Date (WAM):** 2026-02-01
- **C.12 - Maturity Date (WAL):** 2026-02-01
- **C.13 - Final Legal Maturity Date:** 2026-02-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 9: COUNTY OF CALVERT MD

- **C.1 - Title:** COUNTY OF CALVERT MD 4.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 131537D74, C.4 - ISIN: US131537D749
- **C.18 - Value (incl. sponsor support):** $240180.26
- **C.18.a - Value (excl. sponsor support):** $240180.26
- **C.19 - Percentage of Net Assets:** 0.2300%
- **C.17 - Yield as of Reporting Date:** 3.0100%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 10: COUNTY OF CARROLL MD

- **C.1 - Title:** COUNTY OF CARROLL MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 144880AF8, C.4 - ISIN: US144880AF87
- **C.18 - Value (incl. sponsor support):** $469089.91
- **C.18.a - Value (excl. sponsor support):** $469089.91
- **C.19 - Percentage of Net Assets:** 0.4500%
- **C.17 - Yield as of Reporting Date:** 2.8400%
- **C.11 - Maturity Date (WAM):** 2025-11-01
- **C.12 - Maturity Date (WAL):** 2025-11-01
- **C.13 - Final Legal Maturity Date:** 2025-11-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 11: COUNTY OF CHARLES MD

- **C.1 - Title:** COUNTY OF CHARLES MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 159808HM9, C.4 - ISIN: US159808HM96
- **C.18 - Value (incl. sponsor support):** $1711339.17
- **C.18.a - Value (excl. sponsor support):** $1711339.17
- **C.19 - Percentage of Net Assets:** 1.6500%
- **C.17 - Yield as of Reporting Date:** 2.9400%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 12: COUNTY OF CHARLES MD

- **C.1 - Title:** COUNTY OF CHARLES MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 159808KY9, C.4 - ISIN: US159808KY97
- **C.18 - Value (incl. sponsor support):** $105700.36
- **C.18.a - Value (excl. sponsor support):** $105700.36
- **C.19 - Percentage of Net Assets:** 0.1000%
- **C.17 - Yield as of Reporting Date:** 2.9400%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 13: COUNTY OF FREDERICK MD

- **C.1 - Title:** COUNTY OF FREDERICK MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 35569PJB0, C.4 - ISIN: US35569PJB04
- **C.18 - Value (incl. sponsor support):** $185595.68
- **C.18.a - Value (excl. sponsor support):** $185595.68
- **C.19 - Percentage of Net Assets:** 0.1800%
- **C.17 - Yield as of Reporting Date:** 2.9800%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 14: COUNTY OF FREDERICK MD

- **C.1 - Title:** COUNTY OF FREDERICK MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 35569PJV6, C.4 - ISIN: US35569PJV67
- **C.18 - Value (incl. sponsor support):** $391255.76
- **C.18.a - Value (excl. sponsor support):** $391255.76
- **C.19 - Percentage of Net Assets:** 0.3800%
- **C.17 - Yield as of Reporting Date:** 2.9800%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 15: COUNTY OF HARFORD MD

- **C.1 - Title:** COUNTY OF HARFORD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 412487FT2, C.4 - ISIN: US412487FT27, C.3 - LEI: 549300BAMXA3G0J23I39
- **C.18 - Value (incl. sponsor support):** $251433.45
- **C.18.a - Value (excl. sponsor support):** $251433.45
- **C.19 - Percentage of Net Assets:** 0.2400%
- **C.17 - Yield as of Reporting Date:** 2.9500%
- **C.11 - Maturity Date (WAM):** 2025-09-15
- **C.12 - Maturity Date (WAL):** 2025-09-15
- **C.13 - Final Legal Maturity Date:** 2025-09-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 16: COUNTY OF HARFORD MD

- **C.1 - Title:** COUNTY OF HARFORD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 412487NN6, C.4 - ISIN: US412487NN64, C.3 - LEI: 549300BAMXA3G0J23I39
- **C.18 - Value (incl. sponsor support):** $3020010.30
- **C.18.a - Value (excl. sponsor support):** $3020010.30
- **C.19 - Percentage of Net Assets:** 2.9100%
- **C.17 - Yield as of Reporting Date:** 2.9400%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 17: CITY OF HOUSTON TX COMBINED UTILITY SYSTEM REVENUE

- **C.1 - Title:** CITY OF HOUSTON TX COMBINED UTILITY SYSTEM REVENUE 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 44244CN94, C.4 - ISIN: US44244CN944
- **C.18 - Value (incl. sponsor support):** $1850000.00
- **C.18.a - Value (excl. sponsor support):** $1850000.00
- **C.19 - Percentage of Net Assets:** 1.7800%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2034-05-15
- **C.10 - Ratings:** Fitch, Inc.: F-1; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 18: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256P4A8, C.4 - ISIN: US44256P4A82
- **C.18 - Value (incl. sponsor support):** $421683.91
- **C.18.a - Value (excl. sponsor support):** $421683.91
- **C.19 - Percentage of Net Assets:** 0.4100%
- **C.17 - Yield as of Reporting Date:** 2.9700%
- **C.11 - Maturity Date (WAM):** 2025-08-15
- **C.12 - Maturity Date (WAL):** 2025-08-15
- **C.13 - Final Legal Maturity Date:** 2025-08-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 19: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256PGJ6, C.4 - ISIN: US44256PGJ66
- **C.18 - Value (incl. sponsor support):** $228328.99
- **C.18.a - Value (excl. sponsor support):** $228328.99
- **C.19 - Percentage of Net Assets:** 0.2200%
- **C.17 - Yield as of Reporting Date:** 2.8500%
- **C.11 - Maturity Date (WAM):** 2026-02-15
- **C.12 - Maturity Date (WAL):** 2026-02-15
- **C.13 - Final Legal Maturity Date:** 2026-02-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 20: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256PGY3, C.4 - ISIN: US44256PGY34
- **C.18 - Value (incl. sponsor support):** $507397.75
- **C.18.a - Value (excl. sponsor support):** $507397.75
- **C.19 - Percentage of Net Assets:** 0.4900%
- **C.17 - Yield as of Reporting Date:** 2.8500%
- **C.11 - Maturity Date (WAM):** 2026-02-15
- **C.12 - Maturity Date (WAL):** 2026-02-15
- **C.13 - Final Legal Maturity Date:** 2026-02-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 21: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256PKL6, C.4 - ISIN: US44256PKL66
- **C.18 - Value (incl. sponsor support):** $101479.55
- **C.18.a - Value (excl. sponsor support):** $101479.55
- **C.19 - Percentage of Net Assets:** 0.1000%
- **C.17 - Yield as of Reporting Date:** 2.8500%
- **C.11 - Maturity Date (WAM):** 2026-02-15
- **C.12 - Maturity Date (WAL):** 2026-02-15
- **C.13 - Final Legal Maturity Date:** 2026-02-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 22: COUNTY OF HOWARD MD

- **C.1 - Title:** COUNTY OF HOWARD MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 44256PVR1, C.4 - ISIN: US44256PVR18
- **C.18 - Value (incl. sponsor support):** $1506013.95
- **C.18.a - Value (excl. sponsor support):** $1506013.95
- **C.19 - Percentage of Net Assets:** 1.4500%
- **C.17 - Yield as of Reporting Date:** 2.9700%
- **C.11 - Maturity Date (WAM):** 2025-08-15
- **C.12 - Maturity Date (WAL):** 2025-08-15
- **C.13 - Final Legal Maturity Date:** 2025-08-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 23: HOWARD COUNTY HOUSING COMMISSION

- **C.1 - Title:** HOWARD COUNTY HOUSING COMMISSION 1.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 442577EB4, C.4 - ISIN: US442577EB42, C.3 - LEI: 5493007CCS6UI1IIE878
- **C.18 - Value (incl. sponsor support):** $4800000.00
- **C.18.a - Value (excl. sponsor support):** $4800000.00
- **C.19 - Percentage of Net Assets:** 4.6300%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2062-12-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 24: STATE OF MARYLAND

- **C.1 - Title:** STATE OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574193RB6, C.4 - ISIN: US574193RB66
- **C.18 - Value (incl. sponsor support):** $386253.39
- **C.18.a - Value (excl. sponsor support):** $386253.39
- **C.19 - Percentage of Net Assets:** 0.3700%
- **C.17 - Yield as of Reporting Date:** 2.8600%
- **C.11 - Maturity Date (WAM):** 2026-03-15
- **C.12 - Maturity Date (WAL):** 2026-03-15
- **C.13 - Final Legal Maturity Date:** 2026-03-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 25: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PBU2, C.4 - ISIN: US57419PBU21
- **C.18 - Value (incl. sponsor support):** $3050000.00
- **C.18.a - Value (excl. sponsor support):** $3050000.00
- **C.19 - Percentage of Net Assets:** 2.9400%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2040-09-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 26: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PCJ6, C.4 - ISIN: US57419PCJ66
- **C.18 - Value (incl. sponsor support):** $745000.00
- **C.18.a - Value (excl. sponsor support):** $745000.00
- **C.19 - Percentage of Net Assets:** 0.7200%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2040-09-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 27: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 2.180000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PPP8, C.4 - ISIN: US57419PPP89
- **C.18 - Value (incl. sponsor support):** $2295000.00
- **C.18.a - Value (excl. sponsor support):** $2295000.00
- **C.19 - Percentage of Net Assets:** 2.2100%
- **C.17 - Yield as of Reporting Date:** 2.1800%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2037-12-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 28: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 1.970000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PRY7, C.4 - ISIN: US57419PRY78
- **C.18 - Value (incl. sponsor support):** $2785000.00
- **C.18.a - Value (excl. sponsor support):** $2785000.00
- **C.19 - Percentage of Net Assets:** 2.6800%
- **C.17 - Yield as of Reporting Date:** 1.9700%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2041-03-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 29: MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION

- **C.1 - Title:** MARYLAND COMMUNITY DEVELOPMENT ADMINISTRATION 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57419PSV2, C.4 - ISIN: US57419PSV21
- **C.18 - Value (incl. sponsor support):** $4825000.00
- **C.18.a - Value (excl. sponsor support):** $4825000.00
- **C.19 - Percentage of Net Assets:** 4.6500%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2038-12-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 30: MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT

- **C.1 - Title:** MARYLAND DEPARTMENT OF HOUSING & COMMUNITY DEVELOPMENT 2.900000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 57419UPX0, C.4 - ISIN: US57419UPX09, C.3 - LEI: 549300Q5BSL77YR7NP93
- **C.18 - Value (incl. sponsor support):** $399149.08
- **C.18.a - Value (excl. sponsor support):** $399149.08
- **C.19 - Percentage of Net Assets:** 0.3800%
- **C.17 - Yield as of Reporting Date:** 3.1900%
- **C.11 - Maturity Date (WAM):** 2026-03-01
- **C.12 - Maturity Date (WAL):** 2026-03-01
- **C.13 - Final Legal Maturity Date:** 2026-03-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 31: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 4.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204E74, C.4 - ISIN: US574204E748
- **C.18 - Value (incl. sponsor support):** $255666.90
- **C.18.a - Value (excl. sponsor support):** $255666.90
- **C.19 - Percentage of Net Assets:** 0.2500%
- **C.17 - Yield as of Reporting Date:** 2.9100%
- **C.11 - Maturity Date (WAM):** 2025-09-01
- **C.12 - Maturity Date (WAL):** 2025-09-01
- **C.13 - Final Legal Maturity Date:** 2025-09-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 32: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204H48, C.4 - ISIN: US574204H485
- **C.18 - Value (incl. sponsor support):** $1794017.64
- **C.18.a - Value (excl. sponsor support):** $1794017.64
- **C.19 - Percentage of Net Assets:** 1.7300%
- **C.17 - Yield as of Reporting Date:** 2.9100%
- **C.11 - Maturity Date (WAM):** 2025-09-01
- **C.12 - Maturity Date (WAL):** 2025-09-01
- **C.13 - Final Legal Maturity Date:** 2025-09-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 33: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204L50, C.4 - ISIN: US574204L503
- **C.18 - Value (incl. sponsor support):** $508456.02
- **C.18.a - Value (excl. sponsor support):** $508456.02
- **C.19 - Percentage of Net Assets:** 0.4900%
- **C.17 - Yield as of Reporting Date:** 2.8900%
- **C.11 - Maturity Date (WAM):** 2025-10-01
- **C.12 - Maturity Date (WAL):** 2025-10-01
- **C.13 - Final Legal Maturity Date:** 2025-10-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 34: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204S87, C.4 - ISIN: US574204S870
- **C.18 - Value (incl. sponsor support):** $677076.27
- **C.18.a - Value (excl. sponsor support):** $677076.27
- **C.19 - Percentage of Net Assets:** 0.6500%
- **C.17 - Yield as of Reporting Date:** 2.8500%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 35: STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION

- **C.1 - Title:** STATE OF MARYLAND DEPARTMENT OF TRANSPORTATION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574204U50, C.4 - ISIN: US574204U504
- **C.18 - Value (incl. sponsor support):** $242534.78
- **C.18.a - Value (excl. sponsor support):** $242534.78
- **C.19 - Percentage of Net Assets:** 0.2300%
- **C.17 - Yield as of Reporting Date:** 2.8500%
- **C.11 - Maturity Date (WAM):** 2025-12-01
- **C.12 - Maturity Date (WAL):** 2025-12-01
- **C.13 - Final Legal Maturity Date:** 2025-12-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 36: MARYLAND ECONOMIC DEVELOPMENT CORP

- **C.1 - Title:** MARYLAND ECONOMIC DEVELOPMENT CORP 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574205FY1, C.4 - ISIN: US574205FY10, C.3 - LEI: 549300JJ16DDBSZWSN94
- **C.18 - Value (incl. sponsor support):** $4940000.00
- **C.18.a - Value (excl. sponsor support):** $4940000.00
- **C.19 - Percentage of Net Assets:** 4.7600%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2043-02-15
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 37: MARYLAND ECONOMIC DEVELOPMENT CORP

- **C.1 - Title:** MARYLAND ECONOMIC DEVELOPMENT CORP 2.020000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574205FZ8, C.4 - ISIN: US574205FZ84, C.3 - LEI: 549300JJ16DDBSZWSN94
- **C.18 - Value (incl. sponsor support):** $2300000.00
- **C.18.a - Value (excl. sponsor support):** $2300000.00
- **C.19 - Percentage of Net Assets:** 2.2200%
- **C.17 - Yield as of Reporting Date:** 2.0200%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2043-05-15
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 38: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.040000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574215RC5, C.4 - ISIN: US574215RC51
- **C.18 - Value (incl. sponsor support):** $3950000.00
- **C.18.a - Value (excl. sponsor support):** $3950000.00
- **C.19 - Percentage of Net Assets:** 3.8100%
- **C.17 - Yield as of Reporting Date:** 2.0400%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2035-04-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 39: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.150000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574215RD3, C.4 - ISIN: US574215RD35
- **C.18 - Value (incl. sponsor support):** $400000.00
- **C.18.a - Value (excl. sponsor support):** $400000.00
- **C.19 - Percentage of Net Assets:** 0.3900%
- **C.17 - Yield as of Reporting Date:** 2.1500%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2035-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA-; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 40: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.070000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574217T70, C.4 - ISIN: US574217T706
- **C.18 - Value (incl. sponsor support):** $2915000.00
- **C.18.a - Value (excl. sponsor support):** $2915000.00
- **C.19 - Percentage of Net Assets:** 2.8100%
- **C.17 - Yield as of Reporting Date:** 2.0700%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2033-07-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 41: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 3.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574217V28, C.4 - ISIN: US574217V280
- **C.18 - Value (incl. sponsor support):** $4565000.00
- **C.18.a - Value (excl. sponsor support):** $4565000.00
- **C.19 - Percentage of Net Assets:** 4.4000%
- **C.17 - Yield as of Reporting Date:** 3.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-02
- **C.12 - Maturity Date (WAL):** 2025-06-02
- **C.13 - Final Legal Maturity Date:** 2041-07-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 42: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574217VC6, C.4 - ISIN: US574217VC61
- **C.18 - Value (incl. sponsor support):** $4825000.00
- **C.18.a - Value (excl. sponsor support):** $4825000.00
- **C.19 - Percentage of Net Assets:** 4.6500%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2036-07-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 43: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 1.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57421CGD0, C.4 - ISIN: US57421CGD02
- **C.18 - Value (incl. sponsor support):** $2200000.00
- **C.18.a - Value (excl. sponsor support):** $2200000.00
- **C.19 - Percentage of Net Assets:** 2.1200%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2042-06-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 44: MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY

- **C.1 - Title:** MARYLAND HEALTH & HIGHER EDUCATIONAL FACILITIES AUTHORITY 1.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 57421CHX5, C.4 - ISIN: US57421CHX56
- **C.18 - Value (incl. sponsor support):** $300000.00
- **C.18.a - Value (excl. sponsor support):** $300000.00
- **C.19 - Percentage of Net Assets:** 0.2900%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2055-07-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 45: MD HLTH & HR ED JHH SER B TECP 3.1300 20250701

- **C.1 - Title:** MD HLTH & HR ED JHH SER B TECP 3.1300 20250701 3.130000%
- **C.6 - Investment Category:** Non-Financial Company Commercial Paper
- **Identifiers:** C.3 - CUSIP: 57421V4F6, C.5 - Other ID: 57421V4F6
- **C.18 - Value (incl. sponsor support):** $2500097.25
- **C.18.a - Value (excl. sponsor support):** $2500097.25
- **C.19 - Percentage of Net Assets:** 2.4100%
- **C.17 - Yield as of Reporting Date:** 3.0800%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: P-1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 46: MARYLAND STADIUM AUTHORITY

- **C.1 - Title:** MARYLAND STADIUM AUTHORITY 2.000000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 574297CT2, C.4 - ISIN: US574297CT27, C.3 - LEI: 549300VA283TTQRDNF71
- **C.18 - Value (incl. sponsor support):** $2225000.00
- **C.18.a - Value (excl. sponsor support):** $2225000.00
- **C.19 - Percentage of Net Assets:** 2.1400%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-05
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2026-03-01
- **C.10 - Ratings:** Fitch, Inc.: F-1; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 47: MARYLAND STATE TRANSPORTATION AUTHORITY

- **C.1 - Title:** MARYLAND STATE TRANSPORTATION AUTHORITY 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 574300MT3, C.4 - ISIN: US574300MT38, C.3 - LEI: 254900MKNK0MO0Z4X426
- **C.18 - Value (incl. sponsor support):** $3154870.85
- **C.18.a - Value (excl. sponsor support):** $3154870.85
- **C.19 - Percentage of Net Assets:** 3.0400%
- **C.17 - Yield as of Reporting Date:** 3.0100%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: AA; Moody's Investors Service, Inc.: Aa2; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 48: COUNTY OF MONTGOMERY MD

- **C.1 - Title:** COUNTY OF MONTGOMERY MD 2.850000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 6133408D3, C.4 - ISIN: US6133408D38, C.3 - LEI: 549300GNX5SDUEBKPK13
- **C.18 - Value (incl. sponsor support):** $4740000.00
- **C.18.a - Value (excl. sponsor support):** $4740000.00
- **C.19 - Percentage of Net Assets:** 4.5700%
- **C.17 - Yield as of Reporting Date:** 2.8500%
- **C.11 - Maturity Date (WAM):** 2025-06-02
- **C.12 - Maturity Date (WAL):** 2025-06-02
- **C.13 - Final Legal Maturity Date:** 2037-11-01
- **C.10 - Ratings:** Fitch, Inc.: F-1; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 49: MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION

- **C.1 - Title:** MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION 2.020000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 6133495X3, C.4 - ISIN: US6133495X38, C.3 - LEI: 549300HDL0LLRHMDL092
- **C.18 - Value (incl. sponsor support):** $235000.00
- **C.18.a - Value (excl. sponsor support):** $235000.00
- **C.19 - Percentage of Net Assets:** 0.2300%
- **C.17 - Yield as of Reporting Date:** 2.0200%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2039-07-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 50: MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION

- **C.1 - Title:** MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION 1.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 6133495Z8, C.4 - ISIN: US6133495Z85, C.3 - LEI: 549300HDL0LLRHMDL092
- **C.18 - Value (incl. sponsor support):** $700000.00
- **C.18.a - Value (excl. sponsor support):** $700000.00
- **C.19 - Percentage of Net Assets:** 0.6700%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2041-01-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 51: MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION

- **C.1 - Title:** MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION 1.950000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 6133497H6, C.4 - ISIN: US6133497H69, C.3 - LEI: 549300HDL0LLRHMDL092
- **C.18 - Value (incl. sponsor support):** $1000000.00
- **C.18.a - Value (excl. sponsor support):** $1000000.00
- **C.19 - Percentage of Net Assets:** 0.9600%
- **C.17 - Yield as of Reporting Date:** 1.9500%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2049-01-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 52: MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION

- **C.1 - Title:** MONTGOMERY COUNTY HOUSING OPPORTUNITIES COMMISSION 1.970000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 61334MXK1, C.4 - ISIN: US61334MXK16, C.3 - LEI: 549300HDL0LLRHMDL092
- **C.18 - Value (incl. sponsor support):** $2500000.00
- **C.18.a - Value (excl. sponsor support):** $2500000.00
- **C.19 - Percentage of Net Assets:** 2.4100%
- **C.17 - Yield as of Reporting Date:** 1.9700%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2049-01-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? Yes, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 53: COUNTY OF MONTGOMERY MD

- **C.1 - Title:** COUNTY OF MONTGOMERY MD 2.900000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 61336PES6, C.4 - ISIN: US61336PES65, C.3 - LEI: 549300GNX5SDUEBKPK13
- **C.18 - Value (incl. sponsor support):** $9250000.00
- **C.18.a - Value (excl. sponsor support):** $9250000.00
- **C.19 - Percentage of Net Assets:** 8.9200%
- **C.17 - Yield as of Reporting Date:** 2.9000%
- **C.11 - Maturity Date (WAM):** 2025-06-02
- **C.12 - Maturity Date (WAL):** 2025-09-02
- **C.13 - Final Legal Maturity Date:** 2041-12-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 54: COUNTY OF PRINCE GEORGE'S MD

- **C.1 - Title:** COUNTY OF PRINCE GEORGE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 7417016C5, C.4 - ISIN: US7417016C54, C.3 - LEI: 549300NSQ1W50I0VU811
- **C.18 - Value (incl. sponsor support):** $531292.88
- **C.18.a - Value (excl. sponsor support):** $531292.88
- **C.19 - Percentage of Net Assets:** 0.5100%
- **C.17 - Yield as of Reporting Date:** 2.9000%
- **C.11 - Maturity Date (WAM):** 2025-07-15
- **C.12 - Maturity Date (WAL):** 2025-07-15
- **C.13 - Final Legal Maturity Date:** 2025-07-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 55: COUNTY OF PRINCE GEORGE'S MD

- **C.1 - Title:** COUNTY OF PRINCE GEORGE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 7417017V2, C.4 - ISIN: US7417017V27, C.3 - LEI: 549300NSQ1W50I0VU811
- **C.18 - Value (incl. sponsor support):** $275449.60
- **C.18.a - Value (excl. sponsor support):** $275449.60
- **C.19 - Percentage of Net Assets:** 0.2700%
- **C.17 - Yield as of Reporting Date:** 2.9000%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 56: COUNTY OF PRINCE GEORGE'S MD

- **C.1 - Title:** COUNTY OF PRINCE GEORGE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 741702AC8, C.4 - ISIN: US741702AC89, C.3 - LEI: 549300NSQ1W50I0VU811
- **C.18 - Value (incl. sponsor support):** $280457.77
- **C.18.a - Value (excl. sponsor support):** $280457.77
- **C.19 - Percentage of Net Assets:** 0.2700%
- **C.17 - Yield as of Reporting Date:** 2.9000%
- **C.11 - Maturity Date (WAM):** 2025-07-01
- **C.12 - Maturity Date (WAL):** 2025-07-01
- **C.13 - Final Legal Maturity Date:** 2025-07-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 57: COUNTY OF PRINCE GEORGE'S MD

- **C.1 - Title:** COUNTY OF PRINCE GEORGE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 741702AX2, C.4 - ISIN: US741702AX27, C.3 - LEI: 549300NSQ1W50I0VU811
- **C.18 - Value (incl. sponsor support):** $3115462.61
- **C.18.a - Value (excl. sponsor support):** $3115462.61
- **C.19 - Percentage of Net Assets:** 3.0000%
- **C.17 - Yield as of Reporting Date:** 2.8900%
- **C.11 - Maturity Date (WAM):** 2025-08-01
- **C.12 - Maturity Date (WAL):** 2025-08-01
- **C.13 - Final Legal Maturity Date:** 2025-08-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 58: COUNTY OF QUEEN ANNE'S MD

- **C.1 - Title:** COUNTY OF QUEEN ANNE'S MD 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 748233YL1, C.4 - ISIN: US748233YL18
- **C.18 - Value (incl. sponsor support):** $175394.98
- **C.18.a - Value (excl. sponsor support):** $175394.98
- **C.19 - Percentage of Net Assets:** 0.1700%
- **C.17 - Yield as of Reporting Date:** 3.0500%
- **C.11 - Maturity Date (WAM):** 2025-07-15
- **C.12 - Maturity Date (WAL):** 2025-07-15
- **C.13 - Final Legal Maturity Date:** 2025-07-15
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 59: TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES

- **C.1 - Title:** TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES 2.020000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 88035JVJ8, C.4 - ISIN: US88035JVJ86
- **C.18 - Value (incl. sponsor support):** $2500000.00
- **C.18.a - Value (excl. sponsor support):** $2500000.00
- **C.19 - Percentage of Net Assets:** 2.4100%
- **C.17 - Yield as of Reporting Date:** 2.0200%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2032-06-01
- **C.10 - Ratings:** Fitch, Inc.: NR; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: A-1+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 60: TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES

- **C.1 - Title:** TENDER OPTION BOND TRUST RECEIPTS/CERTIFICATES 2.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 88035MDL6, C.4 - ISIN: US88035MDL63
- **C.18 - Value (incl. sponsor support):** $500000.00
- **C.18.a - Value (excl. sponsor support):** $500000.00
- **C.19 - Percentage of Net Assets:** 0.4800%
- **C.17 - Yield as of Reporting Date:** 2.0000%
- **C.11 - Maturity Date (WAM):** 2025-06-06
- **C.12 - Maturity Date (WAL):** 2025-06-06
- **C.13 - Final Legal Maturity Date:** 2042-09-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: NR; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 61: UNIVERSITY SYSTEM OF MARYLAND

- **C.1 - Title:** UNIVERSITY SYSTEM OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 9144025D0, C.4 - ISIN: US9144025D01
- **C.18 - Value (incl. sponsor support):** $101767.74
- **C.18.a - Value (excl. sponsor support):** $101767.74
- **C.19 - Percentage of Net Assets:** 0.1000%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 62: UNIVERSITY SYSTEM OF MARYLAND

- **C.1 - Title:** UNIVERSITY SYSTEM OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 91440ABT0, C.4 - ISIN: US91440ABT07
- **C.18 - Value (incl. sponsor support):** $152651.61
- **C.18.a - Value (excl. sponsor support):** $152651.61
- **C.19 - Percentage of Net Assets:** 0.1500%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 63: UNIVERSITY SYSTEM OF MARYLAND

- **C.1 - Title:** UNIVERSITY SYSTEM OF MARYLAND 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 91440ADV3, C.4 - ISIN: US91440ADV35
- **C.18 - Value (incl. sponsor support):** $178093.55
- **C.18.a - Value (excl. sponsor support):** $178093.55
- **C.19 - Percentage of Net Assets:** 0.1700%
- **C.17 - Yield as of Reporting Date:** 2.8300%
- **C.11 - Maturity Date (WAM):** 2026-04-01
- **C.12 - Maturity Date (WAL):** 2026-04-01
- **C.13 - Final Legal Maturity Date:** 2026-04-01
- **C.10 - Ratings:** Fitch, Inc.: AA+; Moody's Investors Service, Inc.: Aa1; Standard and Poor's Ratings Services: AA+
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? No, C.21 Is a Weekly Liquid Asset? No, C.23 Categorized at Level 3? No

### Security 64: WASHINGTON SUBURBAN SANITARY COMMISSION

- **C.1 - Title:** WASHINGTON SUBURBAN SANITARY COMMISSION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 940157K66, C.4 - ISIN: US940157K668, C.3 - LEI: 549300EZUWNTQF827C24
- **C.18 - Value (incl. sponsor support):** $130000.00
- **C.18.a - Value (excl. sponsor support):** $130000.00
- **C.19 - Percentage of Net Assets:** 0.1300%
- **C.17 - Yield as of Reporting Date:** 2.9900%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2025-06-01
- **C.13 - Final Legal Maturity Date:** 2025-06-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 65: WASHINGTON SUBURBAN SANITARY COMMISSION

- **C.1 - Title:** WASHINGTON SUBURBAN SANITARY COMMISSION 4.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 940157S92, C.4 - ISIN: US940157S927, C.3 - LEI: 549300EZUWNTQF827C24
- **C.18 - Value (incl. sponsor support):** $575000.00
- **C.18.a - Value (excl. sponsor support):** $575000.00
- **C.19 - Percentage of Net Assets:** 0.5500%
- **C.17 - Yield as of Reporting Date:** 2.9100%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2025-06-01
- **C.13 - Final Legal Maturity Date:** 2025-06-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 66: WASHINGTON SUBURBAN SANITARY COMMISSION

- **C.1 - Title:** WASHINGTON SUBURBAN SANITARY COMMISSION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 940157U65, C.4 - ISIN: US940157U659, C.3 - LEI: 549300EZUWNTQF827C24
- **C.18 - Value (incl. sponsor support):** $855000.00
- **C.18.a - Value (excl. sponsor support):** $855000.00
- **C.19 - Percentage of Net Assets:** 0.8200%
- **C.17 - Yield as of Reporting Date:** 2.9200%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2025-06-01
- **C.13 - Final Legal Maturity Date:** 2025-06-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 67: WASHINGTON SUBURBAN SANITARY COMMISSION

- **C.1 - Title:** WASHINGTON SUBURBAN SANITARY COMMISSION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 940157V98, C.4 - ISIN: US940157V988, C.3 - LEI: 549300EZUWNTQF827C24
- **C.18 - Value (incl. sponsor support):** $570000.00
- **C.18.a - Value (excl. sponsor support):** $570000.00
- **C.19 - Percentage of Net Assets:** 0.5500%
- **C.17 - Yield as of Reporting Date:** 3.0500%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2025-06-01
- **C.13 - Final Legal Maturity Date:** 2025-06-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 68: WASHINGTON SUBURBAN SANITARY COMMISSION

- **C.1 - Title:** WASHINGTON SUBURBAN SANITARY COMMISSION 5.000000%
- **C.6 - Investment Category:** Other Municipal Security
- **Identifiers:** C.3 - CUSIP: 940158CQ9, C.4 - ISIN: US940158CQ96, C.3 - LEI: 549300EZUWNTQF827C24
- **C.18 - Value (incl. sponsor support):** $300000.00
- **C.18.a - Value (excl. sponsor support):** $300000.00
- **C.19 - Percentage of Net Assets:** 0.2900%
- **C.17 - Yield as of Reporting Date:** 3.0400%
- **C.11 - Maturity Date (WAM):** 2025-06-01
- **C.12 - Maturity Date (WAL):** 2025-06-01
- **C.13 - Final Legal Maturity Date:** 2025-06-01
- **C.10 - Ratings:** Fitch, Inc.: AAA; Moody's Investors Service, Inc.: Aaa; Standard and Poor's Ratings Services: AAA
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

### Security 69: WASHINGTON SUBURBAN SANITARY COMMISSION

- **C.1 - Title:** WASHINGTON SUBURBAN SANITARY COMMISSION 3.050000%
- **C.6 - Investment Category:** Variable Rate Demand Note
- **Identifiers:** C.3 - CUSIP: 940158HT8, C.4 - ISIN: US940158HT80, C.3 - LEI: 549300EZUWNTQF827C24
- **C.18 - Value (incl. sponsor support):** $2130000.00
- **C.18.a - Value (excl. sponsor support):** $2130000.00
- **C.19 - Percentage of Net Assets:** 2.0500%
- **C.17 - Yield as of Reporting Date:** 3.0500%
- **C.11 - Maturity Date (WAM):** 2025-06-02
- **C.12 - Maturity Date (WAL):** 2025-06-02
- **C.13 - Final Legal Maturity Date:** 2027-06-01
- **C.10 - Ratings:** Fitch, Inc.: F-1+; Moody's Investors Service, Inc.: VMIG1; Standard and Poor's Ratings Services: NR
- **Characteristics:** C.9 Eligible Security? Yes, C.14 Has Demand Feature? Yes, C.15 Has Guarantee? No, C.16 Has Enhancement? No, C.22 Is an Illiquid Security? No, C.20 Is a Daily Liquid Asset? Yes, C.21 Is a Weekly Liquid Asset? Yes, C.23 Categorized at Level 3? No

## N-MFP: Signatures

**Registrant:** T. ROWE PRICE STATE TAX-FREE FUNDS, INC.

**Date:** 2025-06-06

**By:** Alan S. Dupski

**Name of Signing Officer:** Alan S. Dupski

**Title of Signing Officer:** Treasurer & Vice President