# EDGAR Filing Document

**Accession Number:** 0000063075
**File Stem:** 0002071691-25-009759
**Filing Date:** 2025-12
**Character Count:** 537132
**Document Hash:** cefc9f35a133605424e13bec3f18134c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-25-009759.hdr.sgml**: 20251223

**ACCESSION NUMBER**: 0002071691-25-009759

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20251031

**FILED AS OF DATE**: 20251223

**DATE AS OF CHANGE**: 20251223

**PERIOD START**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** MFS SERIES TRUST IX
- **CENTRAL INDEX KEY:** 0000063075

**ORGANIZATION NAME:**
- **EIN:** 042535629
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0430

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-02464
- **FILM NUMBER:** 251597565

**BUSINESS ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199
- **BUSINESS PHONE:** 18006372929

**MAIL ADDRESS:**
- **STREET 1:** 111 HUNTINGTON AVENUE
- **STREET 2:** 21ST FLOOR
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02199

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST IX /MA/
- **DATE OF NAME CHANGE:** 19951218

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS SERIES TRUST IX
- **DATE OF NAME CHANGE:** 19950207

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** MFS BOND FUND
- **DATE OF NAME CHANGE:** 19930408

## Series and Classes Contracts Data

### MFS Municipal Limited Maturity Fund (Series ID: S000002496)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000006757 | A            | MTLFX           |
| C000006758 | B            | MTLBX           |
| C000006759 | C            | MTLCX           |
| C000092113 | I            | MTLIX           |
| C000195152 | R6           | MTLRX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** MFS Series Trust IX

- **b. Investment Company Act file number:** 811-02464

- **c. CIK number of Registrant:** 0000063075

- **d. LEI of Registrant:** 549300IJONSVWD5I9F62

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

  - **Street Address 1:** 111 Huntington Avenue

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02199

  - **Telephone number:** 617-954-5000

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

- **a. Name of Series:** MFS Municipal Limited Maturity Fund

- **b. EDGAR series identifier (if any):** S000002496

- **c. LEI of Series:** SQTUQH9YHVBM75PSCE54

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

- **a. Date of fiscal year-end:** 2026-04-30

- **b. Date as of which information is reported:** 2025-10-31

**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:** $2969647179.22

**Total Liabilities:** $61832132.14

**Net Assets:** $2907815047.08

**Delayed Delivery Securities:** $52738445.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -10491.57656830 | **1-Year:** -142873.07278300 | **5-Year:** -479293.75660770 | **10-Year:** -316351.77388310 | **30-Year:** -20874.29812820

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

- **3-Month:** -902.45022560 | **1-Year:** -14935.89016040 | **5-Year:** -41134.97413340 | **10-Year:** -44459.03978220 | **30-Year:** -3470.36484260

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000006757 | 0.64%                | 1.01%                | 0.39%                |
| Class ID C000092113 | 0.65%                | 1.02%                | 0.40%                |
| Class ID C000006759 | 0.57%                | 0.94%                | 0.31%                |
| Class ID C000195152 | 0.66%                | 1.02%                | 0.41%                |
| Class ID C000006758 | 0.58%                | 0.95%                | 0.32%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-149157.98              | $12067380.84                               |
| Month 2  | $1171639.49              | $19043782.22                               |
| Month 3  | $1636595.93              | $1528606.53                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSF3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    955000 | PA      | $1018393.00   | 0.04%             | 2032-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                          | Mississippi Development Bank                                                                 | CUSIP: 60534XBZ8<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    280000 | PA      | $283245.14    | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577XDU7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1176178.02   | 0.04%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMF8<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1499838.68   | 0.05%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $316078.56    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                     | Northeast Ohio Medical University                                                            | CUSIP: 66433RAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $125717.93    | 0.00%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                                 | Connecticut Housing Finance Authority, Series 2024 E SUB E3                                  | CUSIP: 20775HZ97<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1300239.33   | 0.04%             | 2066-11-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2025 B                                                               | CUSIP: 7353893T3<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3388520.70   | 0.12%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DM1<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |    900000 | PA      | $964025.01    | 0.03%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westmoreland County Industrial Development Authority PA                               | Westmoreland County Industrial Development Authority                                         | CUSIP: 961008RR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149206.43    | 0.01%             | 2026-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston, Series 2024B                                                                | CUSIP: 442349HV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7120000 | PA      | $7912169.06   | 0.27%             | 2035-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2365000 | PA      | $2501651.36   | 0.09%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63609YAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5775000 | PA      | $5839790.30   | 0.20%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $216814.08    | 0.01%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Polk IA                                                                     | County of Polk                                                                               | CUSIP: 7311973D9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2149184.35   | 0.07%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623AAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $820899.80    | 0.03%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YRQ4<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    600000 | PA      | $609734.58    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                             | Florida Higher Educational Facilities Financing Authority                                    | CUSIP: 34073TMS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $493676.40    | 0.02%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp.                                               | Maricopa County Pollution Control Corp.                                                      | CUSIP: 566854EL5<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | DBT              | MUN               | US        |    455000 | PA      | $441965.66    | 0.02%             | 2043-06-01      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    225000 | PA      | $246511.67    | 0.01%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610AW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $304253.34    | 0.01%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167501XD2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4435000 | PA      | $3949746.69   | 0.14%             | 2028-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2023-1A                                      | CUSIP: 10623ACJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5544576.50   | 0.19%             | 2032-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No. 15                                         | Village Community Development District No. 15, Series 2024                                   | CUSIP: 92708KAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $753219.30    | 0.03%             | 2029-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2024 C                                                | CUSIP: 09182TDU8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5665000 | PA      | $6153464.63   | 0.21%             | 2055-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Lackawanna PA                                                               | County of Lackawanna                                                                         | CUSIP: 505480X24<br>LEI: 549300FAS2IVO11LYX32 | Long             | DBT              | MUN               | US        |   1460000 | PA      | $1534451.53   | 0.05%             | 2035-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Student Loan Corp.                                                     | South Carolina Student Loan Corp.                                                            | CUSIP: 83715AAS8<br>LEI: 549300PIO3ZMSROGFF38 | Long             | DBT              | MUN               | US        |   6850000 | PA      | $6840331.23   | 0.24%             | 2025-12-01      | Fixed         | 2.47%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VK4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    415000 | PA      | $415552.12    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QMG5<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1110669.64   | 0.04%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Clair County Community Unit School District No. 187 Cahokia                       | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550LU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125371.58    | 0.00%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority                                                           | CUSIP: 392275AT0<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1428973.84   | 0.05%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Series 2025A                                             | CUSIP: 01728LKH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3263939.40   | 0.11%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PD6<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    500000 | PA      | $526333.35    | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74444VBK5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    325000 | PA      | $330105.04    | 0.01%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CET1<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    290000 | PA      | $309320.32    | 0.01%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PJX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1821562.86   | 0.06%             | 2029-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FKE4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    600000 | PA      | $627328.20    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452017AG1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    235000 | PA      | $252253.54    | 0.01%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3057528.00   | 0.11%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Housing Finance Corp.                                                  | Tarrant County Housing Finance Corp.                                                         | CUSIP: 876394UP0<br>LEI: 54930055IA4O4ZTEN156 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7063636.30   | 0.24%             | 2043-02-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NED5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201568.12    | 0.01%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                                | Downtown Revitalization Public Infrastructure District, Series 2025C                         | CUSIP: 26118TBW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1794000 | PA      | $1807881.08   | 0.06%             | 2035-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority, Series 2025 B                                                | CUSIP: 944514T57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $392382.27    | 0.01%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AF4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $521593.30    | 0.02%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372KB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $447357.06    | 0.02%             | 2031-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Decatur Housing Authority                                                             | Decatur Housing Authority, Series 2025                                                       | CUSIP: 24311PAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2724000 | PA      | $2746211.50   | 0.09%             | 2028-08-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                                  | Minnesota Office of Higher Education                                                         | CUSIP: 60416MBR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $719816.86    | 0.02%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                                 | Connecticut Housing Finance Authority, Series 2023 C SUB C-2                                 | CUSIP: 20775HD83<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4155002.41   | 0.14%             | 2066-05-15      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                     | CUSIP: 592248AY4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2338214.65   | 0.08%             | 2026-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                                | New York State Energy Research & Development Authority, Series 2004B                         | CUSIP: 649845JB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11685000 | PA      | $11961844.53  | 0.41%             | 2032-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2101991.00   | 0.07%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Carroll KY                                                                  | County of Carroll                                                                            | CUSIP: 14483RAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9981467.00   | 0.34%             | 2026-02-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority       | Cumberland County Industrial Facilities & Pollution Control Financing Authority, Series 2024 | CUSIP: 230589AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7492596.75   | 0.26%             | 2027-12-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Babcock Ranch Community Independent Special District                                  | Babcock Ranch Community Independent Special District, Series 2024                            | CUSIP: 05616KBT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $737457.90    | 0.03%             | 2031-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                           | District of Columbia Housing Finance Agency, Series 2024                                     | CUSIP: 25477TAX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4673000 | PA      | $4857014.80   | 0.17%             | 2028-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Dane WI                                                                     | County of Dane                                                                               | CUSIP: 236092SB9<br>LEI: 5493000I57K3U1SCHU17 | Long             | DBT              | MUN               | US        |   4805000 | PA      | $5315228.54   | 0.18%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                       | Transbay Joint Powers Authority                                                              | CUSIP: 89356CAE6<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044174.30   | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hazleton Area School District                                                         | Hazleton Area School District                                                                | CUSIP: 422002QR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $968872.30    | 0.03%             | 2027-03-01      | Fixed         | 1.47%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Housing Finance Authority                                           | Miami-Dade County Housing Finance Authority, Series 2024                                     | CUSIP: 593344BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750192.15   | 0.06%             | 2041-04-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSS4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    430000 | PA      | $427452.68    | 0.01%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584XMH1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2462932.37   | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Community Unit School District No. 7 Edwardsville                      | Madison County Community Unit School District No. 7 Edwardsville                             | CUSIP: 557021JP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450566.96    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577BK52<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3107987.70   | 0.11%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623ABZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $371402.93    | 0.01%             | 2026-04-01      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PNG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1623265.28   | 0.06%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2146793.40   | 0.07%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                                | Virginia Housing Development Authority, Series 2025 A                                        | CUSIP: 92812WVW1<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    525000 | PA      | $525304.08    | 0.02%             | 2029-03-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2459772.69   | 0.08%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568HZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $1025238.10   | 0.04%             | 2029-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority, Inc.                                          | North Texas Higher Education Authority, Inc., Series 2024-1A                                 | CUSIP: 66286UAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2019802.98   | 0.07%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2025 A                                          | CUSIP: 167562UR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2735104.75   | 0.09%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saginaw Hospital Finance Authority                                                    | Saginaw Hospital Finance Authority                                                           | CUSIP: 786744HV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536463.20    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CNF7<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    700000 | PA      | $756858.55    | 0.03%             | 2031-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $427817.84    | 0.01%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2118625.40   | 0.07%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Washoe NV                                                                   | County of Washoe, Series 2016C                                                               | CUSIP: 940865BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $877123.63    | 0.03%             | 2036-03-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $790316.94    | 0.03%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York & New Jersey, Series 246                                          | CUSIP: 73358XNK4<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11045725.00  | 0.38%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45470EAF2<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    270000 | PA      | $271194.99    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No. 287                                      | Harris County Municipal Utility District No. 287                                             | CUSIP: 41422LKN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $526497.02    | 0.02%             | 2026-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2747624.76   | 0.09%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAF1<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1560648.15   | 0.05%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPW3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    780000 | PA      | $801340.49    | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2024                                              | CUSIP: 392275EU3<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3376748.70   | 0.12%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAG9<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1520677.35   | 0.05%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp.                                                    | Mission Economic Development Corp., Series 2025                                              | CUSIP: 605155BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2579923.91   | 0.09%             | 2064-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2023-1A                                      | CUSIP: 10623ACG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2367476.52   | 0.08%             | 2030-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| MFS Institutional Money Market Portfolio                                              | MFS Institutional Money Market Portfolio, Class A                                            | CUSIP: 55291X109<br>LEI: 5L2W638H85N8T1136O07 | Long             | STIV             | RF                | US        |  57456564 | NS      | $57468055.19  | 1.98%             |  |  |  | No            |                  1 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1712199.50   | 0.06%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                                  | City of Baltimore                                                                            | CUSIP: 05921PBW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017165.00   | 0.03%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CEM6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    140000 | PA      | $142019.89    | 0.00%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Clair County Community Unit School District No. 187 Cahokia                       | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550ME8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $251600.04    | 0.01%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                     | CUSIP: 592247J27<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1229325.93   | 0.04%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp., Series 2024A                                              | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3415000 | PA      | $3466169.68   | 0.12%             | 2054-10-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority, Inc.                                          | North Texas Higher Education Authority, Inc., Series 2024-1A                                 | CUSIP: 66286UAB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $571541.69    | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster Higher Education Authority                                                  | Lancaster Higher Education Authority, Series 2021                                            | CUSIP: 514328HT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513767.40    | 0.02%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                                  | Virginia Beach Development Authority, Series 2023B-3                                         | CUSIP: 92774NBF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10250000 | PA      | $10328643.13  | 0.36%             | 2029-09-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority                                      | CUSIP: 613603ZZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1454768.24   | 0.05%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCC0<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    820000 | PA      | $841565.02    | 0.03%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                             | Florida Higher Educational Facilities Financing Authority                                    | CUSIP: 34073TMT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1564187.70   | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSQ8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    495000 | PA      | $493587.96    | 0.02%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                          | New Jersey Housing & Mortgage Finance Agency, Series 2024 D-2                                | CUSIP: 6461087N4<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3150000 | PA      | $3124500.12   | 0.11%             | 2028-05-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2024D                                                  | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8635000 | PA      | $9370765.90   | 0.32%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston, Series 2024B                                                                | CUSIP: 442349HY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $722010.65    | 0.02%             | 2038-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286KS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $735194.74    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AK3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    425000 | PA      | $450456.86    | 0.02%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission                                                       | CUSIP: 65821DXL0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    600000 | PA      | $602967.48    | 0.02%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DH2<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1517229.48   | 0.05%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Urban Residential Finance Authority                                           | Atlanta Urban Residential Finance Authority, Series 2025                                     | CUSIP: 04785VBX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2213000 | PA      | $2231349.97   | 0.08%             | 2029-02-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine                                                                   | CUSIP: 56042TCD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $364393.40    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority, Series 2025 B                                                | CUSIP: 944514T32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $446907.60    | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2023 B                                             | CUSIP: 462590NW6<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2247681.45   | 0.08%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $852440.18    | 0.03%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2024C                              | CUSIP: 84136HAH6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5465000 | PA      | $5935546.34   | 0.20%             | 2055-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254042.98    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                       | CUSIP: 13080SSG0<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1637793.30   | 0.06%             | 2027-11-01      | Fixed         | 3.50%                 | Yes           |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                           | Ohio Higher Educational Facility Commission                                                  | CUSIP: 67756DD45<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |    380000 | PA      | $384867.12    | 0.01%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584XL66<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029552.20   | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $302338.55    | 0.01%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505UA2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502715.25   | 0.09%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $185767.27    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2025-1A                              | CUSIP: 70878CBP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1182728.80   | 0.04%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                         | CUSIP: 19645RKC4<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    715000 | PA      | $715996.00    | 0.02%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182NBR0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6198668.40   | 0.21%             | 2051-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2025 A                                          | CUSIP: 167562US4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1239845.63   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CG2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1253669.97   | 0.04%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972E3D9<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   6940000 | PA      | $6940034.01   | 0.24%             | 2062-11-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FRL1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    530000 | PA      | $539749.77    | 0.02%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority, Series 2025 C                                             | CUSIP: 451295H69<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   5450000 | PA      | $6023271.33   | 0.21%             | 2060-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Series 2025                                          | CUSIP: 13048V4M7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3602000 | PA      | $3722400.81   | 0.13%             | 2035-09-01      | Fixed         | 5.69%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                                  | City of Henderson                                                                            | CUSIP: 425099AC2<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2111198.46   | 0.07%             | 2032-01-01      | Fixed         | 3.70%                 | Yes           |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority                                                 | CUSIP: 594650UD3<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   7735000 | PA      | $7775706.21   | 0.27%             | 2042-12-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2144023.60   | 0.07%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RTD1<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   2995000 | PA      | $2941790.83   | 0.10%             | 2038-07-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NFH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019176.00   | 0.04%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority, Series A                                                  | CUSIP: 68607MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7850000 | PA      | $8283250.14   | 0.28%             | 2035-09-15      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DK5<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1070953.80   | 0.04%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $546209.68    | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $356934.96    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority, Series 2023A                            | CUSIP: 658262GW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $756317.32    | 0.03%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2186510.20   | 0.08%             | 2030-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                                | Patriots Energy Group Financing Agency, Series 2023 SUB B-1                                  | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   8700000 | PA      | $9462300.09   | 0.33%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $156182.16    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                             | Chandler Industrial Development Authority                                                    | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10167338.00  | 0.35%             | 2052-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCB2<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    680000 | PA      | $689688.23    | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Clark Department of Aviation                                                | County of Clark Department of Aviation                                                       | CUSIP: 18085PSZ8<br>LEI: 549300LDD8NZB2EOVG83 | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1564989.52   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DeKalb County Development Authority                                                   | DeKalb County Development Authority, Series 2024A                                            | CUSIP: 240463JZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $468405.85    | 0.02%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                               | CUSIP: 880397CA0<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    725000 | PA      | $737603.04    | 0.03%             | 2026-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority                                               | Lehigh County General Purpose Authority, Series 2024                                         | CUSIP: 52480RFZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $902649.25    | 0.03%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505VT0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10310384.00  | 0.35%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                              | Texas Transportation Commission State Highway 249 System                                     | CUSIP: 88283NAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $122702.13    | 0.00%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PE4<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    615000 | PA      | $651129.04    | 0.02%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Clair County Community Unit School District No. 187 Cahokia                       | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550MF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    210000 | PA      | $232991.12    | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                           | Connecticut State Health & Educational Facilities Authority                                  | CUSIP: 20774YV79<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3001929.60   | 0.10%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2024B-1                                       | CUSIP: 65820YSZ0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    285000 | PA      | $285110.61    | 0.01%             | 2028-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| County of Trimble KY                                                                  | County of Trimble, Series 2023 A                                                             | CUSIP: 896221AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6075000 | PA      | $6119622.09   | 0.21%             | 2054-06-01      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A SER 2025A1                                           | CUSIP: 56042TEJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $643259.16    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport                 | CUSIP: 79766DNE5<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2205000 | PA      | $2249770.98   | 0.08%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Monroe County (The)                                          | Development Authority of Monroe County (The)                                                 | CUSIP: 610530FE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9136212.30   | 0.31%             | 2039-01-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2023 F                               | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7390000 | PA      | $8128799.73   | 0.28%             | 2054-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority, Series 2025                                    | CUSIP: 95648VBV0<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2042087.64   | 0.07%             | 2055-04-15      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 A                                        | CUSIP: 65821DXY2<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    245000 | PA      | $245557.82    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 1675012U8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1763588.40   | 0.06%             | 2028-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $275206.88    | 0.01%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1244000 | PA      | $1341961.89   | 0.05%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2025-1A                                      | CUSIP: 10623ACW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2637476.50   | 0.09%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Upper Illinois River Valley Development Authority                                     | Upper Illinois River Valley Development Authority                                            | CUSIP: 91588TBD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $930725.65    | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                     | Tulsa County Industrial Authority                                                            | CUSIP: 899530AQ2<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503616.55    | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Klickitat County Public Utility District No. 1                                        | Klickitat County Public Utility District No. 1, Series 2025                                  | CUSIP: 498622LG2<br>LEI: 549300D4CB0RTDWA5V46 | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1545737.31   | 0.05%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A SER 2025A1                                           | CUSIP: 56042TEH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $534600.65    | 0.02%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority                                                  | CUSIP: 79739GND4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2905000 | PA      | $3000466.43   | 0.10%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                                  | County of Jefferson                                                                          | CUSIP: 472682YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1526165.55   | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                                    | CUSIP: 442349CB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3040593.60   | 0.10%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency                                                        | CUSIP: 658207N50<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   2175000 | PA      | $2268889.75   | 0.08%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irving Hospital Authority                                                             | Irving Hospital Authority                                                                    | CUSIP: 463794JV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $353884.90    | 0.01%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority                                                 | CUSIP: 95648MNN5<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |    830000 | PA      | $830000.00    | 0.03%             | 2025-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NFK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1302240.25   | 0.04%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CBD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $765222.71    | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151667.36    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The)                                                        | CUSIP: 717883UT7<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    635000 | PA      | $646513.06    | 0.02%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                  | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |  14750000 | PA      | $15751983.73  | 0.54%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                        | Empire State Development Corp., Series 2016 A                                                | CUSIP: 650035U97<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10056935.00  | 0.35%             | 2035-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Series 2023A                                         | CUSIP: 13048RAM9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10452790.00  | 0.36%             | 2053-09-01      | Variable      | 4.38%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                                | Virginia Housing Development Authority, Series 2025 A                                        | CUSIP: 92812WVX9<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1754129.13   | 0.06%             | 2029-09-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1143736.54   | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp.                                                                 | Alaska Railroad Corp., Series 2025                                                           | CUSIP: 01176AAE3<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123905.10   | 0.04%             | 2032-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Duluth Economic Development Authority                                                 | Duluth Economic Development Authority                                                        | CUSIP: 26444VAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $232190.08    | 0.01%             | 2026-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                         | Delaware State Economic Development Authority                                                | CUSIP: 246387RQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $54577.42     | 0.00%             | 2026-09-01      | Fixed         | 2.80%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                             | Florida Higher Educational Facilities Financing Authority                                    | CUSIP: 34073TMV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1990000 | PA      | $2100335.95   | 0.07%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2024-1A                                      | CUSIP: 10623ACR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6065000 | PA      | $6564626.21   | 0.23%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Washoe NV                                                                   | County of Washoe, Series 2016B                                                               | CUSIP: 940797AN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007633.50   | 0.03%             | 2036-03-01      | Variable      | 3.62%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax                                              | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  15340000 | PA      | $13561122.98  | 0.47%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $358150.42    | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York & New Jersey, Series 246                                          | CUSIP: 73358XNH1<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5263542.00   | 0.18%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $374996.20    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Deerfield Community School District                                                   | Deerfield Community School District                                                          | CUSIP: 244599EE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14500000 | PA      | $14715023.40  | 0.51%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Lorain OH                                                                     | City of Lorain                                                                               | CUSIP: 5436895U3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $815581.50    | 0.03%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMZ4<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1688174.08   | 0.06%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newark Housing Authority                                                              | Newark Housing Authority                                                                     | CUSIP: 65038HAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1761050.95   | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372KU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499962.90    | 0.02%             | 2025-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1321178.63   | 0.05%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax                                 | CUSIP: 167510AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1484036.28   | 0.05%             | 2034-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Capital Area Finance Authority                                                        | Capital Area Finance Authority, Series 2023                                                  | CUSIP: 13973GBJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4235000 | PA      | $4729160.55   | 0.16%             | 2054-04-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Northampton County General Purpose Authority                                          | Northampton County General Purpose Authority, Series 2024A-2                                 | CUSIP: 66353RDH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10450000 | PA      | $11741800.79  | 0.40%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                       | CUSIP: 13078RGS3<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1312338.69   | 0.05%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Series 2025C-2                                                    | CUSIP: 45506EPE7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    800000 | PA      | $801656.08    | 0.03%             | 2032-05-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| South Dakota Health & Educational Facilities Authority                                | South Dakota Health & Educational Facilities Authority, Series 2025C-2                       | CUSIP: 83755VW83<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4399593.20   | 0.15%             | 2051-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2025C                                | CUSIP: 13013JHD1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4410000 | PA      | $4724351.86   | 0.16%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                             | City of Vernon                                                                               | CUSIP: 924397EM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4660418.25   | 0.16%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Airport Authority                                               | Memphis-Shelby County Airport Authority                                                      | CUSIP: 586111NZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $177010.96    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1261372.95   | 0.04%             | 2032-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                                    | CUSIP: 442349DG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $361925.80    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                               | Missouri Housing Development Commission, Series 2023 E                                       | CUSIP: 60637B7E4<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   3090000 | PA      | $3455967.55   | 0.12%             | 2054-05-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Housing Finance Authority                                               | New Hampshire Housing Finance Authority, Series 2023 C                                       | CUSIP: 64469DX63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7360000 | PA      | $7959451.39   | 0.27%             | 2055-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                                   | St Louis Land Clearance for Redevelopment Authority                                          | CUSIP: 791652JA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $353959.48    | 0.01%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund, Series 2001                                                         | CUSIP: 59468PAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4313737.64   | 0.15%             | 2027-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                            | Stamford Housing Authority, Series 2025 D                                                    | CUSIP: 852640AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5210000 | PA      | $5262968.51   | 0.18%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JEA7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    390000 | PA      | $391934.09    | 0.01%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610BA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $489666.92    | 0.02%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Auburn University                                                                     | Auburn University, Series 2016A                                                              | CUSIP: 050589NR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $436314.66    | 0.02%             | 2035-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FKB0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    240000 | PA      | $241940.52    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                                  | County of Jefferson                                                                          | CUSIP: 472682YW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1297293.75   | 0.04%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CZ2<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    185000 | PA      | $191939.59    | 0.01%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                   | CUSIP: 59447TK44<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2169680.80   | 0.07%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charleston Housing Authority/SC                                                       | Charleston Housing Authority, Series 2025                                                    | CUSIP: 160340AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2370801.38   | 0.08%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                               | CUSIP: 944514ZU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2877176.61   | 0.10%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp.                                                                | Kentucky Housing Corp., Series 2024A                                                         | CUSIP: 491309ES5<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   9560000 | PA      | $10605240.69  | 0.36%             | 2054-07-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DCZ3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  15095000 | PA      | $15400578.65  | 0.53%             | 2052-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Orange County Health Facilities Authority                                             | Orange County Health Facilities Authority                                                    | CUSIP: 68450LGS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1165042.38   | 0.04%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority        | CUSIP: 54628CVY5<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    330000 | PA      | $320725.12    | 0.01%             | 2026-10-01      | Fixed         | 1.17%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1592397.45   | 0.05%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                                               | Columbus Metropolitan Housing Authority, Series 2024                                         | CUSIP: 19951AAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2769837.88   | 0.10%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Series 2025A                                           | CUSIP: 19648FZQ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5466924.00   | 0.19%             | 2060-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061WBE3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1259186.97   | 0.04%             | 2027-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568JB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1168943.54   | 0.04%             | 2031-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYR6<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    820000 | PA      | $823801.11    | 0.03%             | 2031-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cumberland County Industrial Facilities & Pollution Control Financing Authority       | Cumberland County Industrial Facilities & Pollution Control Financing Authority, Series 2024 | CUSIP: 230589AA1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |    635000 | PA      | $635000.00    | 0.02%             | 2027-12-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CNE0<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    690000 | PA      | $737447.16    | 0.03%             | 2030-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority, Series 2011A                                   | CUSIP: 95648VBY4<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5031256.00   | 0.17%             | 2041-01-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323DA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2101143.13   | 0.07%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                     | Tulsa County Industrial Authority                                                            | CUSIP: 899530AP4<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    800000 | PA      | $800111.60    | 0.03%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YM48<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    255000 | PA      | $253689.20    | 0.01%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2023 B                                      | CUSIP: 63610TAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    905000 | PA      | $922321.52    | 0.03%             | 2038-12-15      | Fixed         | 9.58%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568JC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $419626.86    | 0.01%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                                   | Columbus Regional Airport Authority, Series 2025 A                                           | CUSIP: 199546CR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2987544.68   | 0.10%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMC5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    775000 | PA      | $781614.94    | 0.03%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2024 B                      | CUSIP: 646080XV8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5244668.50   | 0.18%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp.                                                                | CUSIP: 34074MYH8<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    135000 | PA      | $141116.53    | 0.00%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County School District No. 111 Burbank                                           | Cook County School District No. 111 Burbank                                                  | CUSIP: 214579KP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $557774.03    | 0.02%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                              | CUSIP: 735389G44<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3023779.80   | 0.10%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSH9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1075000 | PA      | $1155413.76   | 0.04%             | 2034-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FST2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    500000 | PA      | $496484.45    | 0.02%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                           | District of Columbia Housing Finance Agency                                                  | CUSIP: 254768XD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5343482.10   | 0.18%             | 2028-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $310088.22    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City, Series 2025A                                                         | CUSIP: 795576MN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7255000 | PA      | $8196865.87   | 0.28%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLJ1<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    775000 | PA      | $780764.30    | 0.03%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Seattle Housing Authority                                                             | Seattle Housing Authority                                                                    | CUSIP: 812636ML9<br>LEI: 5493003LM6XXXMFX5M88 | Long             | DBT              | MUN               | US        |   3070000 | PA      | $3016347.45   | 0.10%             | 2026-06-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CE7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $217313.12    | 0.01%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04108VBT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $229843.85    | 0.01%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                               | CUSIP: 944514ZV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2595000 | PA      | $2737627.69   | 0.09%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority, Series 2025 B                                   | CUSIP: 79739GSQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4549871.20   | 0.16%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCF3<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    950000 | PA      | $1007293.65   | 0.03%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency                                                        | CUSIP: 64987JYU9<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    805000 | PA      | $805092.01    | 0.03%             | 2062-05-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623AAU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $517453.05    | 0.02%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 7087968C4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3525195.09   | 0.12%             | 2028-10-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                                 | Parish of St James, Series 2011                                                              | CUSIP: 790103AZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4038993.60   | 0.14%             | 2041-08-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                                 | Mississippi Hospital Equipment & Facilities Authority                                        | CUSIP: 605360TR7<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    400000 | PA      | $427303.92    | 0.01%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315QU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $690933.04    | 0.02%             | 2034-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2024                                              | CUSIP: 392275EV1<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4813280.13   | 0.17%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Series 2025A                                           | CUSIP: 19648FB60<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5599030.50   | 0.19%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chesapeake Economic Development Authority                                             | Chesapeake Economic Development Authority                                                    | CUSIP: 16532YAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3215000 | PA      | $3250424.48   | 0.11%             | 2032-02-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2024 H                               | CUSIP: 13013JFW1<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  20560000 | PA      | $22930524.82  | 0.79%             | 2056-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                                  | Puerto Rico Electric Power Authority                                                         | CUSIP: 74526QSY9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |     25000 | PA      | $24968.80     | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Valley Energy Authority                                                       | Central Valley Energy Authority, Series 2025                                                 | CUSIP: 15569DAA0<br>LEI: 254900G5IPQ9MA3FRJ55 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2693395.38   | 0.09%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                                     | City of Venice, Series 2024 B-3                                                              | CUSIP: 922687AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $901735.20    | 0.03%             | 2030-01-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                                 | Oneida County Local Development Corp.                                                        | CUSIP: 682440AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $176428.95    | 0.01%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 13048TZV8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1130000.00   | 0.04%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QJN4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    740000 | PA      | $754298.72    | 0.03%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| York County Economic Development Authority                                            | York County Economic Development Authority                                                   | CUSIP: 98659AAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6390000 | PA      | $6460408.22   | 0.22%             | 2033-05-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                            | CUSIP: 84136FBL0<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3865000 | PA      | $4188723.51   | 0.14%             | 2053-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2025 B                                                               | CUSIP: 7353893S5<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3420065.10   | 0.12%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miami-Dade County Industrial Development Authority                                    | Miami-Dade County Industrial Development Authority                                           | CUSIP: 59333EEB5<br>LEI: 549300RM19LZY32DAU30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024918.70   | 0.04%             | 2032-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 499652AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $930421.01    | 0.03%             | 2027-12-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372JZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $416382.51    | 0.01%             | 2029-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Upper Illinois River Valley Development Authority                                     | Upper Illinois River Valley Development Authority                                            | CUSIP: 91588TBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $380276.60    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2025A                                            | CUSIP: 762323DQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2290501.80   | 0.08%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2064582.06   | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMX9<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1350901.76   | 0.05%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568JA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1094315.75   | 0.04%             | 2030-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712D8R0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4969158.50   | 0.17%             | 2040-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Board of the City of Mobile Alabama                            | Industrial Development Board of the City of Mobile Alabama                                   | CUSIP: 607167DW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11020586.50  | 0.38%             | 2034-06-01      | Variable      | 3.78%                 | No            |                  2 | On Loan: No      |
| Alachua County Health Facilities Authority                                            | Alachua County Health Facilities Authority, Series 2025 B-3                                  | CUSIP: 010684BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5008398.50   | 0.17%             | 2030-10-01      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Sumter Two School Facilities, Inc.                                                    | Sumter Two School Facilities, Inc.                                                           | CUSIP: 866613BD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501921.80   | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri                           | CUSIP: 60637AUB6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    300000 | PA      | $297717.90    | 0.01%             | 2030-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCM4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    450000 | PA      | $463876.07    | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 A                                        | CUSIP: 65821DXZ9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    290000 | PA      | $293347.21    | 0.01%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Rankin Utility Authority                                                         | West Rankin Utility Authority                                                                | CUSIP: 955525CG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $474843.35    | 0.02%             | 2028-01-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Metropolitan Housing Authority                                               | Cuyahoga Metropolitan Housing Authority                                                      | CUSIP: 23239TAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2802936.64   | 0.10%             | 2027-12-01      | Variable      | 4.75%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CV1<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151024.85    | 0.01%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                               | Energy Southeast A Cooperative District                                                      | CUSIP: 292723AK9<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11032098.00  | 0.38%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The), Series 2023 A                                         | CUSIP: 717883ZX3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2553057.45   | 0.09%             | 2036-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                          | New Mexico Finance Authority, Series 2025 A-2                                                | CUSIP: 64711PRX0<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |    750000 | PA      | $759369.45    | 0.03%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYN5<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    365000 | PA      | $373237.61    | 0.01%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CBC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1101481.80   | 0.04%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                    | Missouri Development Finance Board                                                           | CUSIP: 60636SHQ0<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1118823.25   | 0.04%             | 2036-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority (The)                                                | Berks County Municipal Authority (The), Series 2024A-3                                       | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9312000 | PA      | $8433676.33   | 0.29%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority, Series 2025 B-2                | CUSIP: 207743YR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5024340.00   | 0.17%             | 2045-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                   | CUSIP: 59447TU68<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1744982.16   | 0.06%             | 2038-10-15      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Pequea Valley School District                                                         | Pequea Valley School District                                                                | CUSIP: 713537MS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $148087.74    | 0.01%             | 2026-05-15      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 13048TZW6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007051.80   | 0.03%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                               | CUSIP: 944514TV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350543.94    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EP Essential Housing WF PFC                                                           | EP Essential Housing WF PFC, Series 2024                                                     | CUSIP: 29416AAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $6985830.48   | 0.24%             | 2034-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DCR1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1780196.65   | 0.06%             | 2050-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2023A                                           | CUSIP: 167562RV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10879798.00  | 0.37%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2024 B                   | CUSIP: 64461XKE4<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    550000 | PA      | $574122.18    | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                             | Chandler Industrial Development Authority, Series 2007                                       | CUSIP: 158862CD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001868.40   | 0.03%             | 2037-12-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                          | Los Angeles Department of Water & Power Water System, Series 2025 B                          | CUSIP: 544525Z27<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $419633.14    | 0.01%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YM55<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    330000 | PA      | $327521.14    | 0.01%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Garden City KS                                                                | City of Garden City, Series 2025                                                             | CUSIP: 36508AAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $738321.75    | 0.03%             | 2033-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486N70<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7324330.30   | 0.25%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UKB3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1061474.86   | 0.04%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MEA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $269757.89    | 0.01%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                               | City of Philadelphia, Series 2025B                                                           | CUSIP: 717817YK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2800000 | PA      | $3039610.00   | 0.10%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2024 A                      | CUSIP: 646080XR7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1297959.24   | 0.04%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BND2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $135209.54    | 0.00%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $218674.40    | 0.01%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579HA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $402160.95    | 0.01%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                                   | Louisville/Jefferson County Metropolitan Government                                          | CUSIP: 54675RCW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1083875.72   | 0.04%             | 2027-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $736459.47    | 0.03%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                                 | Oneida County Local Development Corp.                                                        | CUSIP: 682440AX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008129.60   | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                            | Middleton Community Development District A, Series 2024                                      | CUSIP: 596681AG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504164.05    | 0.02%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                                | Tempe Industrial Development Authority                                                       | CUSIP: 87972MBJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $274932.21    | 0.01%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority                                                 | CUSIP: 594654SG1<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2865000 | PA      | $3013437.08   | 0.10%             | 2053-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MEB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $508748.35    | 0.02%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595FH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $932860.72    | 0.03%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Adams County General Authority                                                        | Adams County General Authority, Series 2024B-2                                               | CUSIP: 006114AG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1488316.65   | 0.05%             | 2029-06-01      | Fixed         | 3.60%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                                   | County of Howard                                                                             | CUSIP: 442599AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $350215.32    | 0.01%             | 2028-02-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 1675012W4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    845000 | PA      | $906627.03    | 0.03%             | 2030-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2024 B                   | CUSIP: 64461XKK0<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    175000 | PA      | $190178.63    | 0.01%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577BK45<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1553487.90   | 0.05%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                            | CUSIP: 84136FAV9<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   7130000 | PA      | $7338419.17   | 0.25%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                        | Vauxmont Metropolitan District                                                               | CUSIP: 92242SAF0<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    135000 | PA      | $137966.10    | 0.00%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp.                                                   | Maryland Economic Development Corp.                                                          | CUSIP: 57420VNZ2<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    650000 | PA      | $653546.66    | 0.02%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315QZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $825366.56    | 0.03%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A 2024A-1                                              | CUSIP: 56042TDQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1036658.03   | 0.04%             | 2029-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                                | Virginia Housing Development Authority, Series 2024 A                                        | CUSIP: 92812WNB6<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |   7420000 | PA      | $7428300.01   | 0.26%             | 2029-03-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74443CAB9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    425000 | PA      | $425346.16    | 0.01%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080WP2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   4820000 | PA      | $4787536.82   | 0.16%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302199.33    | 0.01%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1695552.90   | 0.06%             | 2033-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $269576.65    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                                 | Mississippi Hospital Equipment & Facilities Authority                                        | CUSIP: 605360TP1<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    800000 | PA      | $826572.56    | 0.03%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2016                              | CUSIP: 83703FMJ8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    335000 | PA      | $336632.05    | 0.01%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax, Series 2016                    | CUSIP: 167510AD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $846404.30    | 0.03%             | 2035-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                       | Baldwin County Industrial Development Authority, Series 2025A                                | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4890000 | PA      | $5033578.22   | 0.17%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Poplar Bluff Regional Transportation Development District Sales Tax Revenue           | Poplar Bluff Regional Transportation Development District Sales Tax                          | CUSIP: 733060AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $903759.22    | 0.03%             | 2031-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority        | CUSIP: 54628CVZ2<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    460000 | PA      | $439150.04    | 0.02%             | 2027-10-01      | Fixed         | 1.41%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $582722.64    | 0.02%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montana Facility Finance Authority                                                    | Montana Facility Finance Authority, Series 2025 B                                            | CUSIP: 61204KPV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7794358.28   | 0.27%             | 2065-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSU9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    960000 | PA      | $949622.30    | 0.03%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                    | CUSIP: 650116DE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1101236.62   | 0.04%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYL9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    440000 | PA      | $441001.79    | 0.02%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority                                      | CUSIP: 613603A25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2533109.36   | 0.09%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority                                               | Lehigh County General Purpose Authority, Series 2024                                         | CUSIP: 52480RFV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $606795.23    | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                               | Port Authority of New York & New Jersey                                                      | CUSIP: 73358WR71<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1817005.20   | 0.06%             | 2027-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Houston Housing Finance Corp.                                                         | Houston Housing Finance Corp., Series 2024                                                   | CUSIP: 442396EN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3730862.81   | 0.13%             | 2048-02-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp.                                   | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5155783.95   | 0.18%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DG4<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |    580000 | PA      | $596074.53    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                                  | Chicago O'Hare International Airport                                                         | CUSIP: 167593Z21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3511170.95   | 0.12%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RTU3<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1343350.43   | 0.05%             | 2044-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                            | Middleton Community Development District A, Series 2024                                      | CUSIP: 596681AF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499997.35    | 0.02%             | 2029-05-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                                 | North Carolina Housing Finance Agency                                                        | CUSIP: 658207P25<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1621512.90   | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St Clair County Community Unit School District No. 187 Cahokia, Series 2024B                 | CUSIP: 788550MS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $297335.04    | 0.01%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA Water & Sewer Revenue                                           | City of Shreveport LA Water & Sewer Revenue                                                  | CUSIP: 825485XD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $696823.12    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLY8<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1696369.26   | 0.06%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2017                                                      | CUSIP: 45203PAD6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3745814.36   | 0.13%             | 2043-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                         | Delaware State Economic Development Authority, Series 2020A                                  | CUSIP: 246387SY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4490000 | PA      | $4531514.54   | 0.16%             | 2045-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1266419.75   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136EP2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1756729.06   | 0.06%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                    | CUSIP: 650116FA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8635000 | PA      | $8788000.97   | 0.30%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                               | City of Philadelphia, Series 2025B                                                           | CUSIP: 717817YJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2888032.59   | 0.10%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Garden City KS                                                                | City of Garden City, Series 2025                                                             | CUSIP: 36508AAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $693304.85    | 0.02%             | 2029-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1552243.42   | 0.05%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AJ6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $530993.20    | 0.02%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Series 2024                                        | CUSIP: 04062PCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1033000 | PA      | $1042441.21   | 0.04%             | 2045-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323DB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2047978.08   | 0.07%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $319899.24    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167484QR8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   6640000 | PA      | $6605007.20   | 0.23%             | 2026-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2025-1A                              | CUSIP: 70878CBN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1063572.00   | 0.04%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $970094.88    | 0.03%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CES3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    475000 | PA      | $507752.49    | 0.02%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                               | Missouri Housing Development Commission, Series 2025A                                        | CUSIP: 60637GGS2<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   9535000 | PA      | $10450667.98  | 0.36%             | 2056-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1973864.84   | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CME1<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1788603.52   | 0.06%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Department of Housing & Community Affairs                                       | Texas Department of Housing & Community Affairs                                              | CUSIP: 88275AEP1<br>LEI: 549300J3RRLLZZN4WP77 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4014608.00   | 0.14%             | 2041-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CNG5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    550000 | PA      | $599510.78    | 0.02%             | 2032-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp.                                                               | Louisiana Housing Corp., Series 2024                                                         | CUSIP: 54627CBW2<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2608151.00   | 0.09%             | 2027-08-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $381800.10    | 0.01%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority                                                               | CUSIP: 944514ZT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1777443.74   | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595FZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $240924.38    | 0.01%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Oregon State Facilities Authority                                                     | Oregon State Facilities Authority                                                            | CUSIP: 68608JYD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $128468.16    | 0.00%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PC8<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    565000 | PA      | $590793.38    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Ramon Public Financing Authority                                                  | San Ramon Public Financing Authority, Series A                                               | CUSIP: 799385CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1690000 | PA      | $1677115.95   | 0.06%             | 2026-02-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577BK37<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2026054.80   | 0.07%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Series 2025A                                             | CUSIP: 01728LKJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6195000 | PA      | $6817484.13   | 0.23%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CEN4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    420000 | PA      | $431953.75    | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UEW4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    285000 | PA      | $286989.90    | 0.01%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Special Care Facilities Financing Authority of the City of Pell City Alabama          | Special Care Facilities Financing Authority of the City of Pell City Alabama                 | CUSIP: 705888BV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $785768.59    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                                   | Columbus Regional Airport Authority, Series 2025 A                                           | CUSIP: 199546CQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3120000 | PA      | $3459048.84   | 0.12%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                           | Ohio Housing Finance Agency                                                                  | CUSIP: 676900WC3<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   2460000 | PA      | $2463167.50   | 0.08%             | 2026-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency, Series 2024 A-2                                       | CUSIP: 649870NF5<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   2445000 | PA      | $2463327.72   | 0.08%             | 2054-06-15      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAJ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $282101.37    | 0.01%             | 2030-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2024C                                | CUSIP: 13013JEB8<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2011526.25   | 0.07%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                          | New Jersey Housing & Mortgage Finance Agency, Series 2024B                                   | CUSIP: 6461084M9<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2769170.38   | 0.10%             | 2027-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                     | Territory of Guam                                                                            | CUSIP: 40065NCL9<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    400000 | PA      | $414132.12    | 0.01%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Housing Opportunities Commission                                    | Montgomery County Housing Opportunities Commission, Series 2025 A                            | CUSIP: 613347SR5<br>LEI: 549300HDL0LLRHMDL092 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4140002.80   | 0.14%             | 2034-07-01      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority                                              | CUSIP: 49126KJU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011375.40   | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp.                                             | New York Transportation Development Corp.                                                    | CUSIP: 650116CG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3965000 | PA      | $4109561.12   | 0.14%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Topeka KS                                                                     | City of Topeka, Kansas Health Care Facilities                                                | CUSIP: 890585BR2<br>LEI: 549300NFEU1XBKVICM54 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1888322.01   | 0.06%             | 2033-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4M7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    610000 | PA      | $686197.78    | 0.02%             | 2034-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority, Series 2025 B                                   | CUSIP: 79739GSR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2865159.25   | 0.10%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2023 B                                             | CUSIP: 462590NV8<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2117492.80   | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061WBF0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    825000 | PA      | $815685.09    | 0.03%             | 2028-06-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Hammond Multi-School Building Corp.                                                   | Hammond Multi-School Building Corp.                                                          | CUSIP: 408395RN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1550363.89   | 0.05%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CEQ7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    825000 | PA      | $871860.99    | 0.03%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charles City County Economic Development Authority                                    | Charles City County Economic Development Authority                                           | CUSIP: 159770AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $227028.71    | 0.01%             | 2027-04-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1712158.43   | 0.06%             | 2043-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CML5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    525000 | PA      | $541220.09    | 0.02%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YB24<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    350000 | PA      | $356134.84    | 0.01%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2025 B-2                                                  | CUSIP: 45204FM85<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4863620.56   | 0.17%             | 2044-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority, Series 2025A                                         | CUSIP: 13048V3D8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265283.58    | 0.01%             | 2035-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2025-1A                                      | CUSIP: 10623ACU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1186173.37   | 0.04%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RRK7<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1536235.50   | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Kalispell MT                                                                  | City of Kalispell, Series 2025B2                                                             | CUSIP: 48343AAC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3845000 | PA      | $3861971.06   | 0.13%             | 2030-05-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Broward County Housing Finance Authority                                              | Broward County Housing Finance Authority, Series 2023                                        | CUSIP: 115027RA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3008015.10   | 0.10%             | 2056-09-01      | Variable      | 4.05%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority, Series 2021A-2                        | CUSIP: 708692BZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5022850.00   | 0.17%             | 2046-10-01      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2024-1A                                      | CUSIP: 10623ACQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7588845.60   | 0.26%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182RAR2<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10020836.00  | 0.34%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $759252.83    | 0.03%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                               | CUSIP: 880397CB8<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    750000 | PA      | $778214.10    | 0.03%             | 2027-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                       | Allegheny County Hospital Development Authority                                              | CUSIP: 01728A3L8<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2770103.60   | 0.10%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLW2<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020156.80   | 0.04%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2025A                                     | CUSIP: 5444452N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3417061.50   | 0.12%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Rankin Utility Authority                                                         | West Rankin Utility Authority                                                                | CUSIP: 955525CE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $462747.45    | 0.02%             | 2026-01-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima (The)                          | Industrial Development Authority of the County of Pima (The), Series 2025                    | CUSIP: 721779LM6<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   5560000 | PA      | $5483405.44   | 0.19%             | 2059-10-01      | Variable      | 2.71%                 | No            |                  2 | On Loan: No      |
| Denver Convention Center Hotel Authority                                              | Denver Convention Center Hotel Authority                                                     | CUSIP: 249189DD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002086.60   | 0.07%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority, Series 2023A                            | CUSIP: 658262GT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3553159.68   | 0.12%             | 2031-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Louisville/Jefferson County Metropolitan Government                                   | Louisville/Jefferson County Metropolitan Government                                          | CUSIP: 54675RCV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1180989.68   | 0.04%             | 2026-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623AAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $945592.25    | 0.03%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St. Clair County Community Unit School District No. 187 Cahokia                       | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550LV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $122809.56    | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2024 B                   | CUSIP: 64461XKM6<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |   1445000 | PA      | $1397531.89   | 0.05%             | 2044-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2025                              | CUSIP: 837031H63<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    860000 | PA      | $880110.58    | 0.03%             | 2062-03-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                              | West Virginia Hospital Finance Authority, Series 2025 B                                      | CUSIP: 956622Z23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10500000 | PA      | $11505770.85  | 0.40%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MEH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6970000 | PA      | $7222997.76   | 0.25%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286JZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $338815.91    | 0.01%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2025-3                      | CUSIP: 646080ZF1<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1616824.80   | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PF1<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    675000 | PA      | $722469.04    | 0.02%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City & County of Denver                                                                      | CUSIP: 249182QC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5206399.00   | 0.18%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bartow County Development Authority                                                   | Bartow County Development Authority                                                          | CUSIP: 069643BN3<br>LEI: 5493006KLI0V8YELKW50 | Long             | DBT              | MUN               | US        |   6245000 | PA      | $6346732.30   | 0.22%             | 2032-12-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Series 2025 B-2                             | CUSIP: 45528VFY0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   7535000 | PA      | $8436391.71   | 0.29%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                         | King County Housing Authority, Series 2023A2                                                 | CUSIP: 49477AAB4<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |   2860000 | PA      | $2921445.38   | 0.10%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                     | California Housing Finance Agency, Series 2024 V                                             | CUSIP: 13034DAQ7<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   1610000 | PA      | $1603199.20   | 0.06%             | 2034-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MEC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1474964.22   | 0.05%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                              | Metropolitan Pier & Exposition Authority                                                     | CUSIP: 592248EE4<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2416880.09   | 0.08%             | 2029-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A  | CUSIP: 79766DWH8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2577534.26   | 0.09%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45506EBZ5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    515000 | PA      | $503349.31    | 0.02%             | 2026-11-15      | Fixed         | 2.52%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX                                                                     | City of Dallas, Series 2023                                                                  | CUSIP: 235380AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3445000 | PA      | $3446988.80   | 0.12%             | 2053-08-15      | Variable      | 6.25%                 | No            |                  2 | On Loan: No      |
| Kentucky State University                                                             | Kentucky State University                                                                    | CUSIP: 491588AB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $160000.00    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A 2024A-1                                              | CUSIP: 56042TDP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $743956.67    | 0.03%             | 2028-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2016                              | CUSIP: 83703FMK5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1348097.67   | 0.05%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2023C                                       | CUSIP: 63607YBK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $504009.35    | 0.02%             | 2038-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                         | Los Angeles Housing Authority, Series 2024C                                                  | CUSIP: 544562CR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4194266 | PA      | $4293981.32   | 0.15%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                               | CUSIP: 880397BZ6<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |    575000 | PA      | $575675.05    | 0.02%             | 2025-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $356173.58    | 0.01%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAC8<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015940.60   | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Convention Enterprises, Inc.                                                   | Austin Convention Enterprises, Inc., Series A                                                | CUSIP: 052409DR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006837.80   | 0.03%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PH7<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    975000 | PA      | $1059743.30   | 0.04%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2025-1B                     | CUSIP: 646080YV7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   3670000 | PA      | $3950207.44   | 0.14%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $538447.61    | 0.02%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                                   | Virginia College Building Authority                                                          | CUSIP: 92778FKG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $402685.48    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Illinois University                                                          | Southern Illinois University                                                                 | CUSIP: 8431464S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1721440.06   | 0.06%             | 2027-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136EQ0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2445735.24   | 0.08%             | 2027-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PNH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1769791.45   | 0.06%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Gulfport MS                                                                   | City of Gulfport                                                                             | CUSIP: 402682CN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $382025.70    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Energy Southeast A Cooperative District                                               | Energy Southeast A Cooperative District, Series 2025B                                        | CUSIP: 292723CN1<br>LEI: 2549001SMMZ81MXBXZ89 | Long             | DBT              | MUN               | US        |  14500000 | PA      | $15069433.85  | 0.52%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 1675012V6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1188133.30   | 0.04%             | 2029-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio                                                                                | CUSIP: 67756CEP9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |    370000 | PA      | $385796.00    | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $545621.32    | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E3H9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    175000 | PA      | $161808.36    | 0.01%             | 2035-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74448FAC5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5915000 | PA      | $5956851.58   | 0.20%             | 2039-09-25      | Fixed         | 4.10%                 | Yes           |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2025-1A                                      | CUSIP: 10623ACV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1461673.08   | 0.05%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority (The)                                                   | Atlanta Development Authority (The), Series 2024A-2                                          | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    740000 | PA      | $760259.28    | 0.03%             | 2039-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp.                                   | CUSIP: 87638THC0<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3895000 | PA      | $4329142.15   | 0.15%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VC2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2336106.55   | 0.08%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                                    | Rhode Island Health and Educational Building Corp.                                           | CUSIP: 762244FD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5039335.00   | 0.17%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2025                              | CUSIP: 83704NAB0<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9839307.00   | 0.34%             | 2035-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CIVICVentures/AK                                                                      | CIVICVentures, Series 2025                                                                   | CUSIP: 178860CF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4980000 | PA      | $5615420.11   | 0.19%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2024 B-2                                      | CUSIP: 65820YTA4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    525000 | PA      | $525168.84    | 0.02%             | 2028-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DF6<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |    500000 | PA      | $505957.30    | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1500658.41   | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Klickitat County Public Utility District No. 1                                        | Klickitat County Public Utility District No. 1, Series 2025                                  | CUSIP: 498622LF4<br>LEI: 549300D4CB0RTDWA5V46 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1706181.60   | 0.06%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority                         | Allentown Neighborhood Improvement Zone Development Authority                                | CUSIP: 018444BN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $492319.91    | 0.02%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                                  | Triborough Bridge & Tunnel Authority                                                         | CUSIP: 89602HAD9<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9918627.00   | 0.34%             | 2045-05-15      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp.                                                                 | Alaska Railroad Corp., Series 2025                                                           | CUSIP: 01176AAC7<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |    700000 | PA      | $767315.15    | 0.03%             | 2030-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RRP6<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |     15000 | PA      | $14704.18     | 0.00%             | 2036-07-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                             | City of Atlanta, Series 2025B B-1                                                            | CUSIP: 04780M2M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4425000 | PA      | $4900233.50   | 0.17%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSP0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    320000 | PA      | $319769.70    | 0.01%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VD0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1600407.09   | 0.06%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Community Unit School District No. 7 Edwardsville                      | Madison County Community Unit School District No. 7 Edwardsville                             | CUSIP: 557021JQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    465000 | PA      | $465567.44    | 0.02%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762323AY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $600788.70    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EP Tuscany Zaragosa PFC                                                               | EP Tuscany Zaragosa PFC, Series 2023                                                         | CUSIP: 29414WAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14955169.50  | 0.51%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047142.10   | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp.                                                            | CUSIP: 462590LW8<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1426895.82   | 0.05%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Polk IA                                                                     | County of Polk                                                                               | CUSIP: 7311973B3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1184953.20   | 0.04%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAH7<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |    520000 | PA      | $549302.10    | 0.02%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                           | Washington State Housing Finance Commission, Series MTEBS 2024                               | CUSIP: 93979AAC3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1527633.41   | 0.05%             | 2034-07-01      | Fixed         | 4.15%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2024 A  | CUSIP: 79766DWG0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |    910000 | PA      | $972401.52    | 0.03%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323CX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $837713.68    | 0.03%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Rural Water Finance Authority, Inc.                                         | Minnesota Rural Water Finance Authority, Inc.                                                | CUSIP: 60411PBE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3451472.81   | 0.12%             | 2026-08-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $239690.48    | 0.01%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Farmington NM                                                                 | City of Farmington                                                                           | CUSIP: 311450GC8<br>LEI: 5493000GWMTI2L4AZA61 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7077757.40   | 0.24%             | 2040-06-01      | Variable      | 3.90%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Aviation Revenue                                              | County of Miami-Dade, Series A                                                               | CUSIP: 59333PR75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1146541.63   | 0.04%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                             | City of Vernon, Electric System                                                              | CUSIP: 924397EJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007581.50   | 0.03%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FHLMC Multifamily ML Certificates                                                     | FHLMC Multifamily Structured Pass-Through Certificates, Series 2024-ML21, Class AUS          | CUSIP: 3137HC2E1<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | ABS-MBS          | USGSE             | US        |   5712859 | PA      | $5830519.35   | 0.20%             | 2041-08-25      | Variable      | 4.62%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136EV9<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1521910.78   | 0.05%             | 2032-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Owen KY                                                                     | County of Owen, Series 2020                                                                  | CUSIP: 69068WAD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2385000 | PA      | $2432705.72   | 0.08%             | 2040-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CC1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    125000 | PA      | $132900.55    | 0.00%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kane County School District No. 131 Aurora East Side                                  | Kane County School District No. 131 Aurora East Side                                         | CUSIP: 484008PB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $701007.93    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151AY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1498254.90   | 0.05%             | 2026-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1293800.40   | 0.04%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The)                                                        | CUSIP: 717883TB8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5090654.00   | 0.18%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Horace ND                                                                     | City of Horace, Series 2024B                                                                 | CUSIP: 440365JC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2340000 | PA      | $2340607.93   | 0.08%             | 2026-08-01      | Fixed         | 4.85%                 | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                       | Kentucky Economic Development Finance Authority                                              | CUSIP: 49126KJV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2625000 | PA      | $2680189.84   | 0.09%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                    | Missouri Development Finance Board                                                           | CUSIP: 60636SHL1<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150414.59    | 0.01%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Raleigh Durham Airport Authority                                                      | Raleigh Durham Airport Authority, Series 2017 A                                              | CUSIP: 751073LM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1028756.70   | 0.04%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carol Stream Park District                                                            | Carol Stream Park District                                                                   | CUSIP: 143735VN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $450000.00    | 0.02%             | 2025-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $239214.06    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $303136.17    | 0.01%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2023-1A                                      | CUSIP: 10623ACH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3875000 | PA      | $4239105.85   | 0.15%             | 2031-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452017AF3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $268431.95    | 0.01%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Housing Authority                                                         | Los Angeles Housing Authority, Series 2024 B                                                 | CUSIP: 544562CQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    857706 | PA      | $878097.27    | 0.03%             | 2034-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAD6<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2039275.40   | 0.07%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority, Series 2023A                            | CUSIP: 658262GU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3588522.93   | 0.12%             | 2032-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DL3<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083940.90   | 0.04%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2024B                                       | CUSIP: 63610TAD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    605000 | PA      | $627494.81    | 0.02%             | 2034-05-15      | Fixed         | 8.33%                 | No            |                  2 | On Loan: No      |
| Deutsche Intermediate Tax-Free Fund                                                   | Chicago O'Hare International Airport                                                         | CUSIP: 167590EY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066130.40   | 0.07%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYP0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    760000 | PA      | $761468.32    | 0.03%             | 2029-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DP4<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1071062.60   | 0.04%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Area Housing Finance Corp.                                                    | Capital Area Housing Finance Corp., Series 2024                                              | CUSIP: 139726CX9<br>LEI: 549300XICE1XLI0VXV87 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1125199.13   | 0.04%             | 2041-01-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $495850.61    | 0.02%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Series 2025A                                                      | CUSIP: 45506ENK5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1180000 | PA      | $1194446.62   | 0.04%             | 2029-05-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| Indiana Secondary Market for Education Loans, Inc.                                    | Indiana Secondary Market for Education Loans, Inc.                                           | CUSIP: 45505NAE4<br>LEI: 549300M19IK303TD4597 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1802393.60   | 0.06%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                                     | City & County of Denver                                                                      | CUSIP: 249182QD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14862870.40  | 0.51%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp.                                                                 | Alaska Railroad Corp., Series 2025                                                           | CUSIP: 01176AAA1<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049506.80   | 0.04%             | 2028-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Harris County Housing Finance Corp.                                                   | Harris County Housing Finance Corp.                                                          | CUSIP: 414158TQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4113861.80   | 0.14%             | 2043-09-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                                     | City of Venice, Series 2024 B-2                                                              | CUSIP: 922687AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $671286.07    | 0.02%             | 2030-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCG1<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    995000 | PA      | $1061589.58   | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority Housing Revenue                    | Wisconsin Housing & Economic Development Authority Housing, Series 2023 E                    | CUSIP: 9769044P4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1810695.76   | 0.06%             | 2054-11-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Coconino County Pollution Control Corp.                                               | Coconino County Pollution Control Corp.                                                      | CUSIP: 191855BN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2089431.25   | 0.07%             | 2032-09-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Conway Health Facilities Board                                                        | Conway Health Facilities Board                                                               | CUSIP: 212584DR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $672619.04    | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                 | California Infrastructure & Economic Development Bank                                        | CUSIP: 13034AD23<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |  11375000 | PA      | $11180063.21  | 0.38%             | 2055-08-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 499527CS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1252459.29   | 0.04%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority                                                     | CUSIP: 906420BT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $419631.72    | 0.01%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2023 B                                             | CUSIP: 462590NX4<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4068762.38   | 0.14%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSC0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    805000 | PA      | $830669.44    | 0.03%             | 2029-05-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568HW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $505863.80    | 0.02%             | 2026-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04108VBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $184651.85    | 0.01%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015940.60   | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio, Series 2025A                                                                  | CUSIP: 67756CGL6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5351080.00   | 0.18%             | 2030-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698QE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3129441.60   | 0.11%             | 2028-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $729254.54    | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $593592.22    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PJY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2309801.91   | 0.08%             | 2038-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VS7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    850000 | PA      | $851130.84    | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp.                                                              | Build NYC Resource Corp.                                                                     | CUSIP: 12008ESW7<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    125000 | PA      | $124381.79    | 0.00%             | 2027-07-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595FG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1050000 | PA      | $924882.21    | 0.03%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. V                                      | Texas Municipal Gas Acquisition & Supply Corp. V, Series 2024                                | CUSIP: 88256RAK2<br>LEI: 254900XZ4J30QIJO9G03 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6603989.40   | 0.23%             | 2055-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority, Series 2025B                      | CUSIP: 57421CHV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2665000 | PA      | $2900259.54   | 0.10%             | 2045-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $359311.10    | 0.01%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2165000 | PA      | $2263711.01   | 0.08%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peoria Public Building Commission                                                     | Peoria Public Building Commission                                                            | CUSIP: 71323MEG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700444.22    | 0.02%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Memorial City Redevelopment Authority                                                 | Memorial City Redevelopment Authority                                                        | CUSIP: 58602FAG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1115415.07   | 0.04%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMD3<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020156.80   | 0.04%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority                                          | CUSIP: 658262GL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1281113.25   | 0.04%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saginaw Hospital Finance Authority                                                    | Saginaw Hospital Finance Authority                                                           | CUSIP: 786744HS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1027124.30   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $664737.73    | 0.02%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Higher Educational Facility Commission                                           | Ohio Higher Educational Facility Commission                                                  | CUSIP: 67756DVP8<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4892996.50   | 0.17%             | 2034-12-01      | Variable      | 1.62%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NEF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $253554.98    | 0.01%             | 2029-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No. 2                                    | Grays Harbor County Public Hospital District No. 2                                           | CUSIP: 389610AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2505000 | PA      | $2505045.84   | 0.09%             | 2028-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486R68<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4265000 | PA      | $4363974.44   | 0.15%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $297216.54    | 0.01%             | 2031-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6680000 | PA      | $6475390.93   | 0.22%             | 2035-04-01      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182NCB4<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   4270000 | PA      | $4321184.49   | 0.15%             | 2052-07-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act, Series 2024 B                   | CUSIP: 64461XKJ3<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    550000 | PA      | $596500.74    | 0.02%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2025B-2                           | CUSIP: 83703EMU6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3440000 | PA      | $3853691.65   | 0.13%             | 2049-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Memphis Arena Public Building Authority                                           | New Memphis Arena Public Building Authority                                                  | CUSIP: 64704CAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1156266.42   | 0.04%             | 2031-04-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A 2024A-1                                              | CUSIP: 56042TDR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $1021254.75   | 0.04%             | 2030-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YRR2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    520000 | PA      | $533909.17    | 0.02%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financing Authority                             | Florida Higher Educational Facilities Financing Authority                                    | CUSIP: 34073TMU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1368091.61   | 0.05%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ASP8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1140000 | PA      | $1190470.88   | 0.04%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2024                                              | CUSIP: 392275EW9<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3973458.30   | 0.14%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74446EAA4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3020000 | PA      | $2416000.00   | 0.08%             | 2027-08-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority, Series 2025 B                                                | CUSIP: 944514T24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $554714.75    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595GA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $321506.67    | 0.01%             | 2029-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74444VBH2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    200000 | PA      | $201422.88    | 0.01%             | 2027-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182TBT3<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3795000 | PA      | $4010786.36   | 0.14%             | 2053-11-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                                 | County of Cuyahoga                                                                           | CUSIP: 2322655H7<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2150000 | PA      | $2191610.03   | 0.08%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority (The)                                                | Berks County Municipal Authority (The), Series 2024 A-1A                                     | CUSIP: 084538JD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1507503.63   | 0.05%             | 2034-06-30      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                    | Utah Housing Corp., Series 2025 C                                                            | CUSIP: 917437TB1<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   6495000 | PA      | $7420711.57   | 0.26%             | 2055-07-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                                  | Massachusetts Housing Finance Agency                                                         | CUSIP: 57587GWC5<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004734.00   | 0.07%             | 2027-12-01      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                               | City of Philadelphia, Series 2025B                                                           | CUSIP: 717817YL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2090517.37   | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Housing Finance Corp.                                                       | Arlington Housing Finance Corp.                                                              | CUSIP: 041818AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5027496.00   | 0.17%             | 2041-04-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                                                        | Allentown City School District, Series 2018 B                                                | CUSIP: 018411TN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1310000 | PA      | $1319561.69   | 0.05%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A SER 2025A1                                           | CUSIP: 56042TEK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $646943.34    | 0.02%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $428939.32    | 0.01%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $326736.93    | 0.01%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District, Series 2023 B                             | CUSIP: 84136GAK1<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   6875000 | PA      | $7330340.88   | 0.25%             | 2054-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CNH3<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    700000 | PA      | $762825.07    | 0.03%             | 2033-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2025C                                             | CUSIP: 64990KHL0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5709621.50   | 0.20%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Vernon CA Electric System Revenue                                             | City of Vernon                                                                               | CUSIP: 924397EL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3469370.92   | 0.12%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                        | Vauxmont Metropolitan District                                                               | CUSIP: 92242SAT0<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175245.74    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 A                                        | CUSIP: 65821DYA3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    185000 | PA      | $189133.88    | 0.01%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $694817.65    | 0.02%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Lawrence County Industrial Development Agency                                      | St Lawrence County Industrial Development Agency                                             | CUSIP: 791078DT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $129382.72    | 0.00%             | 2027-09-01      | Fixed         | 2.20%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax                                              | CUSIP: 74529JPU3<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |    207000 | PA      | $207054.30    | 0.01%             | 2034-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCE6<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    905000 | PA      | $950490.19    | 0.03%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2025 A  | CUSIP: 79766DXK0<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |  16500000 | PA      | $18621187.20  | 0.64%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                         | CUSIP: 19645RRX1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    630000 | PA      | $630780.26    | 0.02%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ASN3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    775000 | PA      | $804515.88    | 0.03%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2600537.25   | 0.09%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YRP6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    475000 | PA      | $478152.86    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Johns County Industrial Development Authority                                      | St Johns County Industrial Development Authority                                             | CUSIP: 79041LAE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $179813.63    | 0.01%             | 2025-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2023                                                               | CUSIP: 364568HX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $513713.60    | 0.02%             | 2027-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698TD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10750000 | PA      | $10572154.15  | 0.36%             | 2053-06-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                               | Dallas Fort Worth International Airport, Series 2025 A-2                                     | CUSIP: 23503CFL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16413310.50  | 0.56%             | 2050-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2012                                                      | CUSIP: 45203PAE4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   6270000 | PA      | $6478967.19   | 0.22%             | 2043-12-01      | Variable      | 4.80%                 | No            |                  2 | On Loan: No      |
| Omaha Airport Authority                                                               | Omaha Airport Authority, Series 2024                                                         | CUSIP: 681725MY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1704020.25   | 0.06%             | 2034-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority, Series 2025 B                                                | CUSIP: 944514T40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $336521.01    | 0.01%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FKC7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2188129.03   | 0.08%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $615157.74    | 0.02%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority, Series 2025A                                          | CUSIP: 6472012P6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5615000 | PA      | $6157100.18   | 0.21%             | 2056-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013614.70   | 0.03%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 6459165G8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $2028226.75   | 0.07%             | 2026-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286JX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1209702.60   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Shawnee KS                                                                  | County of Shawnee, Series 2025 A                                                             | CUSIP: 82056AAA6<br>LEI: 5493007F3P7G61QTP515 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5042296.00   | 0.17%             | 2059-05-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Raleigh Durham Airport Authority                                                      | Raleigh Durham Airport Authority                                                             | CUSIP: 751073KZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009246.90   | 0.03%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority, Series 2015A                                             | CUSIP: 3922745F9<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1667210.79   | 0.06%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Jackson MS                                                                    | City of Jackson                                                                              | CUSIP: 4684307D9<br>LEI: 549300XZ1LXKERRRSP27 | Long             | DBT              | MUN               | US        |    825000 | PA      | $827193.92    | 0.03%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Altoona Area School District                                                          | Altoona Area School District                                                                 | CUSIP: 021807LX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $897794.28    | 0.03%             | 2025-12-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority                                                | CUSIP: 57563RRJ0<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1010493.60   | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cleveland OH Airport System Revenue                                           | City of Cleveland OH Airport System Revenue                                                  | CUSIP: 186352RM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3009231.60   | 0.10%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brownsville Navigation District                                                       | Brownsville Navigation District                                                              | CUSIP: 116439KG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004313.50   | 0.03%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762323CB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3695305.13   | 0.13%             | 2041-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                                 | State of Hawaii Harbor System                                                                | CUSIP: 41981TGZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $532959.75    | 0.02%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp., Series 2025 A-2                                     | CUSIP: 64972KJL0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5015186.50   | 0.17%             | 2064-11-01      | Variable      | 3.25%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $326432.82    | 0.01%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FWK6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1342668.24   | 0.05%             | 2035-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610BC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $380034.48    | 0.01%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                                  | City of Manhattan                                                                            | CUSIP: 563017DZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $297692.25    | 0.01%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City                                                                       | CUSIP: 795576FK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1214578.20   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St Clair County Community Unit School District No. 187 Cahokia, Series 2024B                 | CUSIP: 788550MT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $250479.68    | 0.01%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Higher Education Authority, Inc.                                          | North Texas Higher Education Authority, Inc., Series 2024-1A                                 | CUSIP: 66286UAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1740350.70   | 0.06%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $1926844.82   | 0.07%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UJZ2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    940000 | PA      | $960866.68    | 0.03%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486N62<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1050628.30   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323DC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $820556.34    | 0.03%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                              | CUSIP: 735389G93<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3733187.85   | 0.13%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri, Series 2025 A            | CUSIP: 60637AYN6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   9300000 | PA      | $9984281.91   | 0.34%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago, Series 2024                                                                 | CUSIP: 167570TV2<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002628.20   | 0.07%             | 2027-08-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Southwestern Illinois Development Authority                                           | Southwestern Illinois Development Authority                                                  | CUSIP: 84553AAL6<br>LEI: 549300B1KLLJ8NU5XK71 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3015766.20   | 0.10%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                                | California Statewide Communities Development Authority                                       | CUSIP: 13080SEV2<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |  10115000 | PA      | $10122084.55  | 0.35%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Columbus County Housing Authority                                                     | Columbus County Housing Authority, Series 2025                                               | CUSIP: 199123CM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1507671.75   | 0.05%             | 2028-11-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| Port of Beaumont Navigation District                                                  | Port of Beaumont Navigation District                                                         | CUSIP: 73360CAE4<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |    850000 | PA      | $846523.93    | 0.03%             | 2026-01-01      | Fixed         | 1.88%                 | Yes           |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    890000 | PA      | $924590.12    | 0.03%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp.                                                                        | Tennergy Corp.                                                                               | CUSIP: 880397CF9<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |  15915000 | PA      | $17257732.64  | 0.59%             | 2053-10-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                       | Transbay Joint Powers Authority                                                              | CUSIP: 89356CAF3<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1162044.29   | 0.04%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FNC5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    295290 | PA      | $14764.49     | 0.00%             | 2027-05-15      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2025A-2                                                   | CUSIP: 45204FQ65<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  13635000 | PA      | $15025275.05  | 0.52%             | 2059-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E3G1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1279830.25   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442EKJ8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    340000 | PA      | $341692.79    | 0.01%             | 2027-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                                   | Lakewood Ranch Stewardship District, Series 2023                                             | CUSIP: 51265KFF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $510554.90    | 0.02%             | 2028-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMJ0<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    140000 | PA      | $141194.96    | 0.00%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VL2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    335000 | PA      | $340259.00    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Community College System                                                      | Alabama Community College System                                                             | CUSIP: 01025PEZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1251467.28   | 0.04%             | 2026-11-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| St Lawrence County Industrial Development Agency                                      | St Lawrence County Industrial Development Agency                                             | CUSIP: 791078DS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $137040.97    | 0.00%             | 2026-09-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency                                                     | State of New York Mortgage Agency Homeowner Mortgage                                         | CUSIP: 64988YPR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2078130.92   | 0.07%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLV4<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1482547.04   | 0.05%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                                  | Minnesota Office of Higher Education                                                         | CUSIP: 60416MBQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $709159.99    | 0.02%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chatom Industrial Development Board                                                   | Chatom Industrial Development Board                                                          | CUSIP: 16229PAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $640916.63    | 0.02%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136TH4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   6855000 | PA      | $6638571.20   | 0.23%             | 2026-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286JY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1143636.26   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                                 | New Jersey Health Care Facilities Financing Authority                                        | CUSIP: 64579F7J6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1421837.48   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CD9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    400000 | PA      | $430182.48    | 0.01%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Housing Finance Agency                                                  | Massachusetts Housing Finance Agency                                                         | CUSIP: 57587GUP8<br>LEI: 549300NLJBK1VP6K2K81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000031.10   | 0.03%             | 2026-12-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| Regional Transportation District                                                      | Regional Transportation District                                                             | CUSIP: 759151BA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $509308.90    | 0.02%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois State Toll Highway Authority                                                 | Illinois State Toll Highway Authority, Series 2015 B                                         | CUSIP: 452252LE7<br>LEI: 549300ISBFGI8MJJKM98 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9015654.60   | 0.31%             | 2040-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Trimble KY                                                                  | County of Trimble, Series 2023A                                                              | CUSIP: 896221AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    945000 | PA      | $951941.21    | 0.03%             | 2054-06-01      | Variable      | 4.70%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                          | Michigan State Housing Development Authority, Series 2024A                                   | CUSIP: 59465PEV6<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   9200000 | PA      | $9212357.44   | 0.32%             | 2030-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                                 | California Infrastructure & Economic Development Bank, Series 2021 A                         | CUSIP: 13034AN30<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   4560000 | PA      | $4219855.01   | 0.15%             | 2050-12-01      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                          | Maricopa County & Phoenix Industrial Development Authorities, Series 2023 A                  | CUSIP: 566736EK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4920000 | PA      | $5490368.22   | 0.19%             | 2055-03-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Newport Township Fire Protection District                                             | Newport Township Fire Protection District                                                    | CUSIP: 652394AH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | PA      | $172352.43    | 0.01%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Dane WI                                                                     | County of Dane                                                                               | CUSIP: 236092SC7<br>LEI: 5493000I57K3U1SCHU17 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $5662563.99   | 0.19%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Health and Education Facilities Authority Act                           | New Hampshire Health and Education Facilities Authority Act                                  | CUSIP: 64461XAD7<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |    670000 | PA      | $677834.18    | 0.02%             | 2026-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PB0<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    580000 | PA      | $597684.72    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2025-2                      | CUSIP: 646080YZ8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7056894.60   | 0.24%             | 2056-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $533645.35    | 0.02%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority, Series 2015                                             | CUSIP: 13058TCH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000074.00   | 0.03%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison County Community Unit School District No. 7 Edwardsville                      | Madison County Community Unit School District No. 7 Edwardsville                             | CUSIP: 557021JK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100006.33    | 0.00%             | 2027-12-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BMZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    160000 | PA      | $164204.06    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSE6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    905000 | PA      | $958888.32    | 0.03%             | 2031-05-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $717854.00    | 0.02%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $523571.05    | 0.02%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2024 B                      | CUSIP: 646080XY2<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   3800000 | PA      | $4110204.26   | 0.14%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JDZ3<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    375000 | PA      | $376218.98    | 0.01%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024B                                            | CUSIP: 762323DF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056942.90   | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No. 1                                            | Matagorda County Navigation District No. 1, Series 1996                                      | CUSIP: 576528DV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6875000 | PA      | $7160166.06   | 0.25%             | 2030-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development                                     | Philadelphia Authority for Industrial Development                                            | CUSIP: 71780CBN9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    230000 | PA      | $238213.90    | 0.01%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    795000 | PA      | $758538.12    | 0.03%             | 2027-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2015                                                        | CUSIP: 74442PAU9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2314927.54   | 0.08%             | 2045-04-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| County of Lee FL Airport Revenue                                                      | County of Lee                                                                                | CUSIP: 523470GR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1686096.03   | 0.06%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ASM5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    740000 | PA      | $760115.27    | 0.03%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri                           | CUSIP: 60637ATX0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    205000 | PA      | $204305.83    | 0.01%             | 2026-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PJ3<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    325000 | PA      | $351615.13    | 0.01%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                          | New Jersey Housing & Mortgage Finance Agency, Series 2024 C                                  | CUSIP: 646127FM7<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   3165000 | PA      | $3168456.50   | 0.11%             | 2026-02-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| St. Clair County Community Unit School District No. 187 Cahokia                       | St. Clair County Community Unit School District No. 187 Cahokia, Series 2024A                | CUSIP: 788550MD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $282624.00    | 0.01%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JDY6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    360000 | PA      | $360469.55    | 0.01%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Housing Finance Agency                                                       | Oklahoma Housing Finance Agency, Series 2023D                                                | CUSIP: 67886MD55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2334719.20   | 0.08%             | 2054-09-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698QD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3108710.40   | 0.11%             | 2028-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Selma Industrial Development Board                                                    | Selma Industrial Development Board, Series 2020A                                             | CUSIP: 81647PAH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3613717.10   | 0.12%             | 2034-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                       | Indianapolis Local Public Improvement Bond Bank, Series 2023E                                | CUSIP: 45528U6U0<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1072591.80   | 0.04%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vauxmont Metropolitan District                                                        | Vauxmont Metropolitan District                                                               | CUSIP: 92242SAE3<br>LEI: 549300M7XL6MB0OW8D56 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125291.90    | 0.00%             | 2025-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $514450.82    | 0.02%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QDC4<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    640000 | PA      | $641568.45    | 0.02%             | 2033-04-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Texas Public Finance Authority                                                        | Texas Public Finance Authority                                                               | CUSIP: 88277PAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $397486.96    | 0.01%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VB4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2602819.96   | 0.09%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584XL58<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1761615.80   | 0.06%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Monroe County Industrial Development Corp. NY                                         | Monroe County Industrial Development Corp.                                                   | CUSIP: 61075TWA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $725345.39    | 0.02%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hazleton Area School District                                                         | Hazleton Area School District                                                                | CUSIP: 422002QQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1238363.50   | 0.04%             | 2026-03-01      | Fixed         | 1.23%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2025 F                               | CUSIP: 13013JHH2<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10933845.00  | 0.38%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1477281.89   | 0.05%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Development Authority                                              | Los Angeles County Development Authority                                                     | CUSIP: 54465JAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2209000 | PA      | $2225713.07   | 0.08%             | 2043-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                          | West Virginia Economic Development Authority                                                 | CUSIP: 95648VBK4<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   7535000 | PA      | $7443285.49   | 0.26%             | 2037-06-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp.                                                                 | Alaska Railroad Corp., Series 2025                                                           | CUSIP: 01176AAD5<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |    675000 | PA      | $751355.93    | 0.03%             | 2031-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486D55<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3099935.70   | 0.11%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Matagorda County Navigation District No. 1                                            | Matagorda County Navigation District No. 1                                                   | CUSIP: 576528DT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2908739.70   | 0.10%             | 2029-11-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FJL9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1519534.05   | 0.05%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577XDT0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1706153.55   | 0.06%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                           | Shelby County Health Educational & Housing Facilities Board, Series 2025 B                   | CUSIP: 821691AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6731026.25   | 0.23%             | 2044-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority                                                   | California School Finance Authority                                                          | CUSIP: 13058TCJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $580052.66    | 0.02%             | 2040-08-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| TSASC, Inc. NY                                                                        | TSASC, Inc.                                                                                  | CUSIP: 898526EV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1543237.65   | 0.05%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2024A                                       | CUSIP: 63610TAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8450000 | PA      | $8685421.23   | 0.30%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                              | Texas Transportation Commission State Highway 249 System                                     | CUSIP: 88283NAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $438553.20    | 0.02%             | 2029-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Washoe NV                                                                   | County of Washoe, Series 2016 F                                                              | CUSIP: 940865BH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1300386.78   | 0.04%             | 2036-03-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AH0<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $532005.05    | 0.02%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CLX0<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1649432.64   | 0.06%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. IV                                     | Texas Municipal Gas Acquisition & Supply Corp. IV, Series 2023B                              | CUSIP: 88256PAT7<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |  11345000 | PA      | $12865439.88  | 0.44%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NFG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $957571.79    | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JDX8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    345000 | PA      | $344981.06    | 0.01%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority, Series 2024 B                                 | CUSIP: 57563RTY5<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2076721.40   | 0.07%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp. II                                   | Texas Municipal Gas Acquisition and Supply Corp. II, Series 2012C                            | CUSIP: 88255QBH1<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2311620.93   | 0.08%             | 2027-09-15      | Floating      | 3.53%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $602776.01    | 0.02%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Office of Higher Education                                                  | Minnesota Office of Higher Education                                                         | CUSIP: 60416MBP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $850000.00    | 0.03%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp.                                                                | CUSIP: 34074MYD7<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501676.00    | 0.02%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CB3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    125000 | PA      | $130921.29    | 0.00%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp.                                                                 | Alaska Railroad Corp., Series 2025                                                           | CUSIP: 01176AAB9<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064489.10   | 0.04%             | 2029-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505UB0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3051623.40   | 0.10%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                            | Michigan Finance Authority                                                                   | CUSIP: 59447TU50<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1386882.38   | 0.05%             | 2030-10-15      | Variable      | 1.20%                 | No            |                  2 | On Loan: No      |
| Tulsa Airports Improvement Trust                                                      | Tulsa Airports Improvement Trust                                                             | CUSIP: 899647TA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301396.83    | 0.01%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hazleton Area School District                                                         | Hazleton Area School District                                                                | CUSIP: 422002QJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1078363.84   | 0.04%             | 2029-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Newport Township Fire Protection District                                             | Newport Township Fire Protection District                                                    | CUSIP: 652394AG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $166205.80    | 0.01%             | 2027-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Authority | Louisiana Local Government Environmental Facilities & Community Development Authority        | CUSIP: 54628CWA6<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1205292.99   | 0.04%             | 2028-10-01      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                             | City of Atlanta, Series 2024B                                                                | CUSIP: 04780MW54<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $733951.31    | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Series 2024                                        | CUSIP: 04062PCC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5323701.08   | 0.18%             | 2058-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1776503.16   | 0.06%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp.                                                                | CUSIP: 34074HGY2<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2002527.60   | 0.07%             | 2026-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Village Community Development District No. 15                                         | Village Community Development District No. 15, Series 2024                                   | CUSIP: 92708KAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $131530.07    | 0.00%             | 2034-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMG6<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051274.20   | 0.04%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70868YAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10825000 | PA      | $11830606.78  | 0.41%             | 2031-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Syracuse Regional Airport Authority                                                   | Syracuse Regional Airport Authority                                                          | CUSIP: 871740AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $251597.55    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2025A                                     | CUSIP: 5444452P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3445197.30   | 0.12%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Health Facilities Financing Authority                                      | California Health Facilities Financing Authority, Series 2025A                               | CUSIP: 13032U4X3<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3395565.90   | 0.12%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2060000 | PA      | $2152938.14   | 0.07%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The), Series 2023 A                                         | CUSIP: 717883ZY1<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   4030000 | PA      | $4551135.42   | 0.16%             | 2037-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade Seaport Department                                               | County of Miami-Dade Seaport Department                                                      | CUSIP: 59335KES2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1799221.38   | 0.06%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                           | San Diego County Regional Airport Authority, Series 2025 B                                   | CUSIP: 79739GSP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2670000 | PA      | $3004936.01   | 0.10%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jersey City Redevelopment Agency                                                      | Jersey City Redevelopment Agency                                                             | CUSIP: 476637AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3503728.55   | 0.12%             | 2025-12-11      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Allentown City School District                                                        | Allentown City School District                                                               | CUSIP: 018411SX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4155000 | PA      | $4174287.93   | 0.14%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp., Series 2024 A                                              | CUSIP: 92428CND2<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    450000 | PA      | $475433.87    | 0.02%             | 2029-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                          | Los Angeles Department of Water & Power Water System, Series 2025 B                          | CUSIP: 544525Z43<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2643349.75   | 0.09%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ASQ6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    985000 | PA      | $1027995.94   | 0.04%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1664201.40   | 0.06%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation Revenue                                  | CUSIP: 592647JW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7240410.10   | 0.25%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Port Authority                                                          | Massachusetts Port Authority, Series 2019 A                                                  | CUSIP: 575896TH8<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   3340000 | PA      | $3516251.47   | 0.12%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority, Series 2020                                                      | CUSIP: 45203EAG4<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2233805.26   | 0.08%             | 2040-05-01      | Variable      | 3.88%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A SER 2025A1                                           | CUSIP: 56042TEM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $518906.35    | 0.02%             | 2035-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DFK3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8325000 | PA      | $8906185.73   | 0.31%             | 2053-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                                  | Virginia Beach Development Authority                                                         | CUSIP: 92774NAL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $97453.03     | 0.00%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 130493CA5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    200000 | PA      | $206441.60    | 0.01%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority, Series 2025 B                                   | CUSIP: 93978HC86<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10946006.00  | 0.38%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                      | Kentucky Public Energy Authority, Series 2025B                                               | CUSIP: 74440DFQ2<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   8840000 | PA      | $9220958.92   | 0.32%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315QY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $963301.81    | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712JHA4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    505000 | PA      | $519409.22    | 0.02%             | 2033-03-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                               | Puerto Rico Sales Tax Financing Corp. Sales Tax                                              | CUSIP: 74529JQF5<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |  16249000 | PA      | $12303393.45  | 0.42%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372KY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $524243.37    | 0.02%             | 2029-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Franklin County Industrial Development Authority                                      | Franklin County Industrial Development Authority, Series 2025                                | CUSIP: 353384BT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6395000 | PA      | $6647601.86   | 0.23%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District, Series 2025 A                                                | CUSIP: 09182TEV5<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   6855000 | PA      | $7142760.56   | 0.25%             | 2056-05-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The)                                                        | CUSIP: 717883UU4<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1919622.53   | 0.07%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                         | King County Housing Authority, Series 2023A1                                                 | CUSIP: 49477AAA6<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |   5850000 | PA      | $5867343.50   | 0.20%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CKV5<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2117924.34   | 0.07%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyoming Community Development Authority                                               | Wyoming Community Development Authority, Series 2022-3                                       | CUSIP: 98322QZM2<br>LEI: 549300UQ62NB8FGTHW65 | Long             | DBT              | MUN               | US        |    380000 | PA      | $380469.38    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623ABR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1385909.87   | 0.05%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $157673.91    | 0.01%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPX1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    850000 | PA      | $876311.41    | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $2197538.47   | 0.08%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                        | Black Belt Energy Gas District                                                               | CUSIP: 09182TCG0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7462646.10   | 0.26%             | 2053-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority, Series 2025                                                        | CUSIP: 74441XJG5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   7180000 | PA      | $7505108.96   | 0.26%             | 2067-07-01      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| Nevada Housing Division                                                               | Nevada Housing Division, Series 2024                                                         | CUSIP: 641272HR3<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |   2235000 | PA      | $2304554.09   | 0.08%             | 2028-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623ABP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1010978.95   | 0.03%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3590000 | PA      | $3747371.96   | 0.13%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp., Series 2025 B-2                                     | CUSIP: 64972KKJ3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5103859.50   | 0.18%             | 2064-11-01      | Variable      | 3.95%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04108VBS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $94878.54     | 0.00%             | 2027-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| St Clair County Community Unit School District No. 187 Cahokia                        | St Clair County Community Unit School District No. 187 Cahokia, Series 2024B                 | CUSIP: 788550MR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $594720.89    | 0.02%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AL1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $528291.60    | 0.02%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middle-Income Housing Authority                                                       | Middle-Income Housing Authority, Series 2025A                                                | CUSIP: 595727AA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2180000 | PA      | $2230748.00   | 0.08%             | 2035-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Plaza at Noah's Ark Community Improvement District                                    | Plaza at Noah's Ark Community Improvement District                                           | CUSIP: 72813LAL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149021.25    | 0.01%             | 2026-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Camden County Improvement Authority (The)                                             | Camden County Improvement Authority (The), Series 2024                                       | CUSIP: 13281RAF0<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   3625000 | PA      | $3645793.73   | 0.13%             | 2027-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1896606.16   | 0.07%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| School District of Philadelphia (The)                                                 | School District of Philadelphia (The), Series 2023 A                                         | CUSIP: 717883ZZ8<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1453084.66   | 0.05%             | 2038-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle                                                                              | CUSIP: 735389T81<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2230000 | PA      | $2262838.09   | 0.08%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kane County School District No. 131 Aurora East Side                                  | Kane County School District No. 131 Aurora East Side                                         | CUSIP: 484008NG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $340489.57    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972EVL0<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1450000.00   | 0.05%             | 2025-11-01      | Fixed         | 1.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315QG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2006243.90   | 0.07%             | 2025-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority                                                       | CUSIP: 677525WV5<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   2895000 | PA      | $2941293.66   | 0.10%             | 2039-11-01      | Variable      | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Housing Finance Authority                                                 | Puerto Rico Housing Finance Authority                                                        | CUSIP: 74528CAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   1575000 | PA      | $1583568.16   | 0.05%             | 2027-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                                    | County of Bexar                                                                              | CUSIP: 088518NV3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $308566.13    | 0.01%             | 2026-08-15      | Fixed         | 1.27%                 | No            |                  2 | On Loan: No      |
| University of West Alabama                                                            | University of West Alabama                                                                   | CUSIP: 915235EA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101881.23    | 0.00%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2372716.14   | 0.08%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4L9<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    600000 | PA      | $671171.22    | 0.02%             | 2033-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                    | Tennessee Energy Acquisition Corp.                                                           | CUSIP: 880443JF4<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |  19000000 | PA      | $19688805.10  | 0.68%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1325000 | PA      | $1416959.77   | 0.05%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2023A                                           | CUSIP: 167562RX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111490.40   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QMJ9<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2333930.76   | 0.08%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                                | Illinois Housing Development Authority, Series 2024C2                                        | CUSIP: 45202BSG2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   5850000 | PA      | $5908491.23   | 0.20%             | 2032-08-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                                   | St Louis Land Clearance for Redevelopment Authority                                          | CUSIP: 791652HZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300888.51    | 0.01%             | 2026-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Hospital & Health Facilities Authority                                   | Wayne County Hospital & Health Facilities Authority                                          | CUSIP: 946016JS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $514904.10    | 0.02%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Transbay Joint Powers Authority                                                       | Transbay Joint Powers Authority                                                              | CUSIP: 89356CAC0<br>LEI: 549300WC0UP8WU8GYU95 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1165467.50   | 0.04%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505WN2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1291703.36   | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                                    | Allegheny County Airport Authority, Series 2025A                                             | CUSIP: 01728LKK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3230000 | PA      | $3590113.99   | 0.12%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FWJ9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1129657.40   | 0.04%             | 2034-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4K1<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    600000 | PA      | $664940.04    | 0.02%             | 2032-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Alachua County Health Facilities Authority                                            | Alachua County Health Facilities Authority, Series 2025 B-2                                  | CUSIP: 010684BP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2015000 | PA      | $2018288.68   | 0.07%             | 2030-10-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                            | South Dakota Housing Development Authority, Series 2025 A                                    | CUSIP: 83756LBS3<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   6225000 | PA      | $7089452.68   | 0.24%             | 2055-11-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                          | New Jersey Housing & Mortgage Finance Agency, Series 2023 SUB E2                             | CUSIP: 6461085R7<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5505611.65   | 0.19%             | 2027-11-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DEE8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   8845000 | PA      | $9290539.46   | 0.32%             | 2052-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CX7<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    225000 | PA      | $231250.95    | 0.01%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPU7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1506835.50   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595GB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $468560.18    | 0.02%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YM30<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    145000 | PA      | $144605.63    | 0.00%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $369104.93    | 0.01%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $489877.94    | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority                                                        | CUSIP: 647201VB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4751629.41   | 0.16%             | 2053-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                            | CUSIP: 84136FBT3<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12743545.20  | 0.44%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2025A                                            | CUSIP: 762323DP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3591239.53   | 0.12%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City                                                                       | CUSIP: 795576GY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5258269.00   | 0.18%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                      | Park Creek Metropolitan District                                                             | CUSIP: 700387EC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1270000 | PA      | $1297813.76   | 0.04%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County (The)                                           | Development Authority of Burke County (The)                                                  | CUSIP: 121342QG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $752550.15    | 0.03%             | 2032-10-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762323AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $888364.75    | 0.03%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren MS                                                                   | County of Warren, Series 2020A                                                               | CUSIP: 935031AH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2581226.50   | 0.09%             | 2034-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc.                                                                | CUSIP: 56035DEN8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   9500000 | PA      | $10071385.10  | 0.35%             | 2053-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4N5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    750000 | PA      | $837399.53    | 0.03%             | 2035-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Missouri Development Finance Board                                                    | Missouri Development Finance Board                                                           | CUSIP: 60636SHR8<br>LEI: 549300JD8BCNBV9D3830 | Long             | DBT              | MUN               | US        |    500000 | PA      | $483636.20    | 0.02%             | 2037-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYM7<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    460000 | PA      | $465309.37    | 0.02%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 645780FS1<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1131337.01   | 0.04%             | 2025-12-01      | Fixed         | 0.85%                 | No            |                  2 | On Loan: No      |
| North Carolina Turnpike Authority                                                     | North Carolina Turnpike Authority                                                            | CUSIP: 65830RBD0<br>LEI: 549300FCT1PN0GJGQ240 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1504667.40   | 0.05%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Harbor System Revenue                                                 | State of Hawaii Harbor System                                                                | CUSIP: 41981TGX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257808.83    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Irving TX                                                                     | City of Irving                                                                               | CUSIP: 463805CY5<br>LEI: 5493002R7BX8XPQ92O37 | Long             | DBT              | MUN               | US        |    275000 | PA      | $285291.16    | 0.01%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                         | Main Street Natural Gas, Inc., Series 2025 A                                                 | CUSIP: 56035DJZ6<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4295000 | PA      | $4703998.25   | 0.16%             | 2055-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2025 B                                                               | CUSIP: 7353893R7<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5850000 | PA      | $6655912.38   | 0.23%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority (The)                                                   | Atlanta Development Authority (The), Series 2024A-1                                          | CUSIP: 04780NMW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1852719.69   | 0.06%             | 2034-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| State of Ohio                                                                         | State of Ohio, Series 2025A                                                                  | CUSIP: 67756CGM4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2940000 | PA      | $3191389.99   | 0.11%             | 2031-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima (The)                          | Industrial Development Authority of the County of Pima (The), Series 2023B                   | CUSIP: 721905QE0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   6135000 | PA      | $6813564.74   | 0.23%             | 2055-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                           | Florida Local Government Finance Commission, Series 2025 B-3                                 | CUSIP: 34077UAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5023281.00   | 0.17%             | 2030-11-15      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                           | Vancouver Housing Authority, Series 2024                                                     | CUSIP: 921626PT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12065000 | PA      | $12035070.35  | 0.41%             | 2034-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Dane WI                                                                     | County of Dane                                                                               | CUSIP: 236092SD5<br>LEI: 5493000I57K3U1SCHU17 | Long             | DBT              | MUN               | US        |   5295000 | PA      | $6000236.28   | 0.21%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                                | Virginia Housing Development Authority, Series 2025 G                                        | CUSIP: 92812XRF1<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $11994607.20  | 0.41%             | 2056-07-01      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $478378.77    | 0.02%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                                 | New Mexico Mortgage Finance Authority, Series 2023                                           | CUSIP: 64719HEP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $5100967.98   | 0.18%             | 2042-02-01      | Variable      | 3.73%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                                               | Columbus Metropolitan Housing Authority, Series 2024                                         | CUSIP: 199518AQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1950358.99   | 0.07%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452017AD8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    195000 | PA      | $206076.86    | 0.01%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp.                                         | Rhode Island Housing & Mortgage Finance Corp., Series 2025 1-A                               | CUSIP: 76221SJS1<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2555787.23   | 0.09%             | 2055-10-01      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| Texas State Affordable Housing Corp.                                                  | Texas State Affordable Housing Corp., Series 2023                                            | CUSIP: 88271FFQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2100313.32   | 0.07%             | 2043-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Cuyahoga OH                                                                 | County of Cuyahoga                                                                           | CUSIP: 2322655G9<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2007194.20   | 0.07%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency                                                     | CUSIP: 57584YPV5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1017998.00   | 0.04%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority                                                     | CUSIP: 906420BR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $434921.12    | 0.01%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                            | Tarrant County Cultural Education Facilities Finance Corp.                                   | CUSIP: 87638RFL6<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1675193.63   | 0.06%             | 2025-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Escambia County Housing Finance Authority                                             | Escambia County Housing Finance Authority, Series 2024                                       | CUSIP: 296121FQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4515947.55   | 0.16%             | 2027-06-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| Toll Road Investors Partnership II LP                                                 | Toll Road Investors Partnership II LP                                                        | CUSIP: 88948ABD8<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   1573000 | PA      | $1345936.52   | 0.05%             | 2028-02-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| City of Manhattan KS                                                                  | City of Manhattan                                                                            | CUSIP: 563017DY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $328578.29    | 0.01%             | 2027-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMK7<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |    425000 | PA      | $433566.64    | 0.01%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority (The)                                            | Illinois Sports Facilities Authority (The)                                                   | CUSIP: 452143EZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $966840.35    | 0.03%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina State Education Assistance Authority                                   | North Carolina State Education Assistance Authority, Series 2023A                            | CUSIP: 658262GV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3609812.05   | 0.12%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax                                 | CUSIP: 167510AW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1662481.80   | 0.06%             | 2033-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                             | City of Houston TX Airport System Revenue                                                    | CUSIP: 442349DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $499799.12    | 0.02%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505UC8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2839823.25   | 0.10%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2024-1A                                      | CUSIP: 10623ACS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2338295.18   | 0.08%             | 2045-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $771569.70    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                         | Florida Housing Finance Corp., Series 2023 B                                                 | CUSIP: 34074HGZ9<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   4050000 | PA      | $4067081.69   | 0.14%             | 2027-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Toll Road Investors Partnership II LP                                                 | Toll Road Investors Partnership II LP                                                        | CUSIP: 88948ABB2<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |   7427000 | PA      | $7293911.35   | 0.25%             | 2026-02-15      | None          | 0.00%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2025-3                      | CUSIP: 646080ZH7<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1672018.64   | 0.06%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency                                                        | CUSIP: 64987JSF9<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |  11985000 | PA      | $11812767.16  | 0.41%             | 2060-11-01      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                    | Utah Housing Corp., Series 2024A                                                             | CUSIP: 917437EP6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1907647.53   | 0.07%             | 2054-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                               | City of Philadelphia, Series 2017 B                                                          | CUSIP: 717817UK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7385000 | PA      | $7518591.70   | 0.26%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine                                                                   | CUSIP: 56042TCC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $330318.65    | 0.01%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCD8<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |    860000 | PA      | $893008.52    | 0.03%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCN2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    725000 | PA      | $761816.37    | 0.03%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority                                                       | Dallas Area Municipal Authority                                                              | CUSIP: 235171AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $227243.27    | 0.01%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623AAT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $734325.38    | 0.03%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Las Varas Public Facility Corp.                                                       | Las Varas Public Facility Corp., Series 2025                                                 | CUSIP: 51766FAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6215000 | PA      | $6219391.52   | 0.21%             | 2035-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                            | New Mexico Hospital Equipment Loan Council                                                   | CUSIP: 647370KB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008771.50   | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. III                                    | Texas Municipal Gas Acquisition & Supply Corp. III                                           | CUSIP: 88256HBG2<br>LEI: 0UDITKOYW0YKG3BBP242 | Long             | DBT              | MUN               | US        |   9885000 | PA      | $10696515.01  | 0.37%             | 2031-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of New York Mortgage Agency                                                     | State of New York Mortgage Agency                                                            | CUSIP: 64988RFN7<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1400133.84   | 0.05%             | 2028-10-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Union County Hospital Facility Authority                                              | Union County Hospital Facility Authority                                                     | CUSIP: 906420BU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $317897.37    | 0.01%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 1675012X2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2511044.15   | 0.09%             | 2031-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                        | County of Sacramento, Series 2025D                                                           | CUSIP: 786107VL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $841710.98    | 0.03%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E7J1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1176454.47   | 0.04%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                                    | Port of Seattle, Series 2019                                                                 | CUSIP: 735389G85<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   9685000 | PA      | $10338337.51  | 0.36%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885FEG8<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    435000 | PA      | $432470.26    | 0.01%             | 2026-07-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                     | Southeast Energy Authority A Cooperative District                                            | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   3380000 | PA      | $3518672.95   | 0.12%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FKC8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    850000 | PA      | $867938.23    | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District                                                             | Wisconsin Center District                                                                    | CUSIP: 976595FF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1055000 | PA      | $959151.77    | 0.03%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                                 | Pennsylvania Economic Development Financing Authority                                        | CUSIP: 70869PHV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5537948.90   | 0.19%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Health Facilities Authority                                                     | Idaho Health Facilities Authority                                                            | CUSIP: 451295ZK8<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013158.40   | 0.07%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority (The)                                        | Metropolitan Nashville Airport Authority (The)                                               | CUSIP: 592190QM7<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1411067.88   | 0.05%             | 2032-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                         | Doylestown Hospital Authority, Series 2024                                                   | CUSIP: 261333HH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1488130.84   | 0.05%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486N54<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1033311.90   | 0.04%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323CZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1900000 | PA      | $2017036.77   | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                            | Middleton Community Development District A, Series 2024                                      | CUSIP: 596681AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $391900.36    | 0.01%             | 2039-05-01      | Fixed         | 4.20%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                           | Metropolitan Washington Airports Authority Aviation, Series 2025A                            | CUSIP: 592647NR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9540000 | PA      | $10830512.05  | 0.37%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025B-3                         | CUSIP: 64542UHK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2230000 | PA      | $2236979.90   | 0.08%             | 2030-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Dallas Housing Finance Corp.                                                  | City of Dallas Housing Finance Corp.                                                         | CUSIP: 235298BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2755074.94   | 0.09%             | 2044-02-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2024 A                                           | CUSIP: 762323CY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1928920.79   | 0.07%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204EYS1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    750000 | PA      | $753281.85    | 0.03%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                     | Northeast Ohio Medical University                                                            | CUSIP: 66433RAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $203182.18    | 0.01%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority, Series 2023A                                       | CUSIP: 63610TAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15025000 | PA      | $15493395.36  | 0.53%             | 2038-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                             | City of Salt Lake City, Series 2025A                                                         | CUSIP: 795576MM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8635000 | PA      | $9708733.75   | 0.33%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Whiting IN                                                                    | City of Whiting                                                                              | CUSIP: 96634RAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5285607.50   | 0.18%             | 2045-11-01      | Variable      | 4.40%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency                                                          | CUSIP: 70879QMH3<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2275211.93   | 0.08%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Newark Housing Authority                                                              | Newark Housing Authority                                                                     | CUSIP: 65038HAF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1852516.93   | 0.06%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BNA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $130238.03    | 0.00%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority, Series 2023                                                       | CUSIP: 45470ECY9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3425000 | PA      | $3523932.50   | 0.12%             | 2033-06-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                           | Washington Health Care Facilities Authority, Series C-2                                      | CUSIP: 93978HZY4<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11075584.00  | 0.38%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                           | Oklahoma Turnpike Authority, Series 2025B                                                    | CUSIP: 679111F33<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1864427.90   | 0.06%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment & Facilities Authority                                 | Mississippi Hospital Equipment & Facilities Authority                                        | CUSIP: 605360TQ9<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |    975000 | PA      | $1024537.51   | 0.04%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                             | City of Atlanta, Series 2025B B-1                                                            | CUSIP: 04780M2N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3420000 | PA      | $3838014.97   | 0.13%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports                                                   | CUSIP: 544445BQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1364568.12   | 0.05%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972EVM8<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   3305000 | PA      | $3254741.53   | 0.11%             | 2026-05-01      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCP7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    900000 | PA      | $964714.50    | 0.03%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Viridian Municipal Management District                                                | Viridian Municipal Management District                                                       | CUSIP: 92823PMY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $589745.30    | 0.02%             | 2025-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                               | Montgomery County Higher Education and Health Authority                                      | CUSIP: 613603ZY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078404.20   | 0.04%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster City Parking Authority                                                      | Lancaster City Parking Authority                                                             | CUSIP: 514372KA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    115000 | PA      | $116866.45    | 0.00%             | 2030-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                        | County of Sacramento, Series 2025D                                                           | CUSIP: 786107VM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $806425.04    | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority                              | Chester County Health and Education Facilities Authority                                     | CUSIP: 165579GY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $775326.24    | 0.03%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2025-3                      | CUSIP: 646080ZG9<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1676858.82   | 0.06%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                                 | New York State Housing Finance Agency                                                        | CUSIP: 64987JA35<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3016696.50   | 0.10%             | 2062-11-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1240863.39   | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                                | North Carolina Medical Care Commission, Series 2021 C                                        | CUSIP: 65821DYQ8<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    790000 | PA      | $792736.64    | 0.03%             | 2030-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                                | Arkansas Development Finance Authority                                                       | CUSIP: 04084RCA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6545000 | PA      | $6705417.95   | 0.23%             | 2044-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VT5<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1452448.86   | 0.05%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Orlando Aviation Authority                                                    | Greater Orlando Aviation Authority                                                           | CUSIP: 392275AW3<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1505141.83   | 0.05%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                           | Ohio Housing Finance Agency, Series BDS 2024A                                                | CUSIP: 67737RAE9<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   7239934 | PA      | $7840629.18   | 0.27%             | 2039-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74444VBJ8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    255000 | PA      | $257905.22    | 0.01%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority, Series 2025                                        | CUSIP: 04062PDH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6387113.20   | 0.22%             | 2047-07-01      | Variable      | 2.76%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $288036.53    | 0.01%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                         | Palm Beach County Health Facilities Authority                                                | CUSIP: 69651ABP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $213644.96    | 0.01%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                                  | Chicago Midway International Airport, Series 2023A                                           | CUSIP: 167562RW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6602890.20   | 0.23%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power Water System Revenue                          | Los Angeles Department of Water & Power Water System, Series 2025 B                          | CUSIP: 544525Z35<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1135813.50   | 0.04%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education, Series 2023A                                                     | CUSIP: 167505ZA7<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5083984.50   | 0.17%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority Parking System Revenue          | Pennsylvania Economic Development Financing Authority Parking System, Series 2024 C          | CUSIP: 70870EFA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $917637.58    | 0.03%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167505UD6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2359226.70   | 0.08%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $368800.36    | 0.01%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Manhattan KS                                                                  | City of Manhattan                                                                            | CUSIP: 563017DX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $319344.80    | 0.01%             | 2026-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Clackamas & Yamhill Counties School District No. 88J                       | Washington Clackamas & Yamhill Counties School District No. 88J, Series A                    | CUSIP: 937440DM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3325000 | PA      | $2322340.27   | 0.08%             | 2034-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                          | New Mexico Finance Authority, Series 2025 A-2                                                | CUSIP: 64711PRY8<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |    775000 | PA      | $784145.85    | 0.03%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax, Series 2016                    | CUSIP: 167510AC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5136344.50   | 0.18%             | 2034-04-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri                    | Health & Educational Facilities Authority of the State of Missouri                           | CUSIP: 60637ATZ5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    420000 | PA      | $417495.33    | 0.01%             | 2028-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Airport System                                                 | City of San Antonio TX Airport System                                                        | CUSIP: 796242TZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2833595.33   | 0.10%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northeast Ohio Medical University                                                     | Northeast Ohio Medical University                                                            | CUSIP: 66433RBB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $144978.77    | 0.00%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $958492.26    | 0.03%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                        | New Jersey Transportation Trust Fund Authority                                               | CUSIP: 646136ER8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3485000 | PA      | $3184965.90   | 0.11%             | 2028-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2023 C  | CUSIP: 79766DVP1<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8486058.00   | 0.29%             | 2035-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp.                                                                    | Utah Housing Corp., Series 2024                                                              | CUSIP: 917434DF6<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010047.40   | 0.07%             | 2043-08-01      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Delaware Valley Regional Finance Authority                                            | Delaware Valley Regional Finance Authority                                                   | CUSIP: 246579LK0<br>LEI: 549300HGYP3NW885TT18 | Long             | DBT              | MUN               | US        |   4550000 | PA      | $4252477.78   | 0.15%             | 2029-10-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority                                                          | CUSIP: 762315RD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001441.50   | 0.03%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc., Series 2023-1A                                      | CUSIP: 10623ACK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2787266.75   | 0.10%             | 2033-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority                                                         | CUSIP: 19648FSR6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    460000 | PA      | $457817.58    | 0.02%             | 2028-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                           | Long Island Power Authority, Series 2025B                                                    | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5943373.20   | 0.20%             | 2055-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NEC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200621.40    | 0.01%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport          | San Francisco City & County Airport Comm-San Francisco International Airport, Series 2023 C  | CUSIP: 79766DVQ9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5053775.40   | 0.17%             | 2036-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                                  | Puerto Rico Electric Power Authority, Series VV                                              | CUSIP: 74526YGS8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | PR        |    625000 | PA      | $625582.69    | 0.02%             | 2026-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlanta GA Department of Aviation                                             | City of Atlanta, Series 2025B B-1                                                            | CUSIP: 04780M2P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4690147.82   | 0.16%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                             | Glendale Industrial Development Authority                                                    | CUSIP: 378286KR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $544366.17    | 0.02%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority, Series 2025B                                | CUSIP: 13013JGF7<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3435639.49   | 0.12%             | 2056-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Convention Enterprises, Inc.                                                   | Austin Convention Enterprises, Inc., Series A                                                | CUSIP: 052409DP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1164587.54   | 0.04%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education Dedicated Capital Improvement Tax                          | Chicago Board of Education Dedicated Capital Improvement Tax, Series 2016                    | CUSIP: 167510AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7740000 | PA      | $7961139.54   | 0.27%             | 2036-04-01      | Fixed         | 6.10%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                        | Lee County Industrial Development Authority, Series 2024 B-3                                 | CUSIP: 52349EET3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5025840.00   | 0.17%             | 2029-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Park Creek Metropolitan District                                                      | Park Creek Metropolitan District                                                             | CUSIP: 700387EA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500583.10    | 0.02%             | 2025-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                     | State of Illinois                                                                            | CUSIP: 4521525G2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   5365000 | PA      | $5579967.50   | 0.19%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Housing Finance Agency                                           | District of Columbia Housing Finance Agency, Series 2025 B                                   | CUSIP: 25477TBB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1285000 | PA      | $1334543.30   | 0.05%             | 2029-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Los Ranchos de Albuquerque NM                                              | Village of Los Ranchos de Albuquerque                                                        | CUSIP: 545610AY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $184141.37    | 0.01%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $407765.26    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                              | Public Finance Authority                                                                     | CUSIP: 74442CCL6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    325000 | PA      | $328637.95    | 0.01%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                         | City of Middleburg Heights                                                                   | CUSIP: 596126DN9<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |    800000 | PA      | $855406.56    | 0.03%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The), Series 2013           | CUSIP: 71884RAA0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |  25000000 | PA      | $25000000.00  | 0.86%             | 2035-12-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority                                                       | CUSIP: 67754AAC8<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    305000 | PA      | $305937.97    | 0.01%             | 2028-01-15      | Fixed         | 3.75%                 | Yes           |                  2 | On Loan: No      |
| Tennessee Energy Acquisition Corp.                                                    | Tennessee Energy Acquisition Corp., Series 2025A                                             | CUSIP: 880443JM9<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   4045000 | PA      | $4402472.02   | 0.15%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charleston Housing Authority/SC                                                       | Charleston Housing Authority, Series 2025                                                    | CUSIP: 160340AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2930000 | PA      | $2975195.84   | 0.10%             | 2035-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Rhode Island Student Loan Authority                                                   | Rhode Island Student Loan Authority, Series 2025A                                            | CUSIP: 762323DR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3562942.02   | 0.12%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Housing Finance Agency                                                     | California Housing Finance Agency, Series 2024 U                                             | CUSIP: 13034DAN4<br>LEI: 549300BOPCVLBA552Z14 | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2295263.45   | 0.08%             | 2034-09-01      | Fixed         | 3.65%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $455756.58    | 0.02%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Energy Research & Development Authority                                | New York State Energy Research & Development Authority                                       | CUSIP: 649845HY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6800000 | PA      | $7012570.72   | 0.24%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Southern California Public Power Authority                                            | Southern California Public Power Authority, Series 2024 A                                    | CUSIP: 84247PND9<br>LEI: 5493003B5TD5FWUKMD34 | Long             | DBT              | MUN               | US        |   2740000 | PA      | $2961237.19   | 0.10%             | 2055-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                          | Connecticut State Higher Education Supplement Loan Authority                                 | CUSIP: 207743XF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2030000 | PA      | $2157976.07   | 0.07%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tampa FL                                                                      | City of Tampa                                                                                | CUSIP: 875161CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $101116.29    | 0.00%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Akron Bath Copley Joint Township Hospital District                                    | Akron Bath Copley Joint Township Hospital District                                           | CUSIP: 009730PH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    530000 | PA      | $541097.94    | 0.02%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp.                                               | New York City Housing Development Corp.                                                      | CUSIP: 64972EVN6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1251087.41   | 0.04%             | 2026-11-01      | Fixed         | 1.15%                 | No            |                  2 | On Loan: No      |
| City of Galveston TX Wharves & Terminal Revenue                                       | City of Galveston, Series 2024 A                                                             | CUSIP: 364568JN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $459615.96    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BNC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $144465.46    | 0.00%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| El Rancho Unified School District                                                     | El Rancho Unified School District                                                            | CUSIP: 283839F78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2327371.25   | 0.08%             | 2028-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education, Series 2023A                                                     | CUSIP: 167505ZB5<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   7145000 | PA      | $7334374.65   | 0.25%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Educational Financing Authority                                         | Massachusetts Educational Financing Authority, Series 2024 B                                 | CUSIP: 57563RTZ2<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4720699.35   | 0.16%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minnesota Housing Finance Agency                                                      | Minnesota Housing Finance Agency, Series 2023 O                                              | CUSIP: 60416T5P9<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |   4490000 | PA      | $4811603.88   | 0.17%             | 2053-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TSASC, Inc. NY                                                                        | TSASC, Inc.                                                                                  | CUSIP: 898526EU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2020946.40   | 0.07%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority (The)                                                | Berks County Municipal Authority (The), Series 2024 A-2A                                     | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1157000 | PA      | $1245660.10   | 0.04%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| George L Smith II Congress Center Authority                                           | George L Smith II Congress Center Authority                                                  | CUSIP: 37255MAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930754.70    | 0.03%             | 2031-01-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885DCR1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1123251.22   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FRJ6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    485000 | PA      | $485754.22    | 0.02%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                                | Ohio Air Quality Development Authority                                                       | CUSIP: 677525WU7<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   3430000 | PA      | $3482345.92   | 0.12%             | 2030-09-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Greater Asheville Regional Airport Authority                                          | Greater Asheville Regional Airport Authority                                                 | CUSIP: 39160CAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $759415.17    | 0.03%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698QR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2532976.97   | 0.09%             | 2035-06-30      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority                                             | CUSIP: 56681NEE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $328345.42    | 0.01%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885DCT7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154739.91    | 0.01%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FW Chaparral PFC                                                                      | FW Chaparral PFC, Series 2025                                                                | CUSIP: 302701AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7540000 | PA      | $7494925.13   | 0.26%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                        | La Paz County Industrial Development Authority                                               | CUSIP: 50376FAQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $574480.93    | 0.02%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FSG1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1015000 | PA      | $1092671.86   | 0.04%             | 2033-05-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority                                     | CUSIP: 646080VE8<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048933.70   | 0.04%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Travis County Housing Finance Corp.                                                   | Travis County Housing Finance Corp.                                                          | CUSIP: 89438UBM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4665000 | PA      | $4668216.52   | 0.16%             | 2045-06-01      | Variable      | 4.12%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45471ATB8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2636770.05   | 0.09%             | 2049-11-01      | Variable      | 2.10%                 | No            |                  2 | On Loan: No      |
| Washington Higher Education Facilities Authority                                      | Washington Higher Education Facilities Authority                                             | CUSIP: 9397815N6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4982987.00   | 0.17%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Strategic Fund                                                               | Michigan Strategic Fund                                                                      | CUSIP: 594698QC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2058670.40   | 0.07%             | 2027-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clifton Higher Education Finance Corp.                                                | Clifton Higher Education Finance Corp.                                                       | CUSIP: 187145QM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1402611.39   | 0.05%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Boone KY                                                                    | County of Boone                                                                              | CUSIP: 098792AQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4524954.30   | 0.16%             | 2027-08-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| County of Polk IA                                                                     | County of Polk                                                                               | CUSIP: 7311973C1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1361481.45   | 0.05%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bolingbrook IL                                                             | Village of Bolingbrook                                                                       | CUSIP: 09755VBB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1520120.85   | 0.05%             | 2027-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AD9<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $506230.70    | 0.02%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hazard KY                                                                     | City of Hazard                                                                               | CUSIP: 421381AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $227437.81    | 0.01%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                              | Arizona Industrial Development Authority                                                     | CUSIP: 04052BNB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $132085.19    | 0.00%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                                | State Public School Building Authority                                                       | CUSIP: 85732GUH1<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |   7970000 | PA      | $8097826.05   | 0.28%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                           | Ohio Housing Finance Agency                                                                  | CUSIP: 67756Q2H9<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   4740000 | PA      | $5002408.77   | 0.17%             | 2054-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                     | Florida Development Finance Corp.                                                            | CUSIP: 34061UJX7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    565000 | PA      | $579070.31    | 0.02%             | 2027-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204FRN7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    590000 | PA      | $608663.53    | 0.02%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                            | Finance Authority of Maine, Series CL A SER 2025A1                                           | CUSIP: 56042TEL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $643205.46    | 0.02%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $437734.58    | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority (The)                                                | Berks County Municipal Authority (The), Series 2024 B-1                                      | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4654074 | PA      | $3201467.69   | 0.11%             | 2044-06-30      | Variable      | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Sacramento CA Airport System Revenue                                        | County of Sacramento, Series 2025A                                                           | CUSIP: 786107WS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $831005.48    | 0.03%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Higher Education Student Loan Corp.                                          | Kentucky Higher Education Student Loan Corp.                                                 | CUSIP: 49130NEJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1186143.01   | 0.04%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                                    | City of Chicago                                                                              | CUSIP: 167486D63<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2066994.00   | 0.07%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vermont Student Assistance Corp.                                                      | Vermont Student Assistance Corp.                                                             | CUSIP: 92428CMY7<br>LEI: 549300VHYVRSKNFRSZ91 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1573670.10   | 0.05%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisa Industrial Development Authority                                               | Louisa Industrial Development Authority                                                      | CUSIP: 546068AX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    915000 | PA      | $925081.93    | 0.03%             | 2035-11-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                             | Maryland Health & Higher Educational Facilities Authority                                    | CUSIP: 57421CBR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $303868.24    | 0.01%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                            | Chicago Board of Education                                                                   | CUSIP: 167501VD4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1849101.68   | 0.06%             | 2026-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                                 | City of Valparaiso, Series 2024                                                              | CUSIP: 92028RAD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2431390.61   | 0.08%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                      | Maricopa County Industrial Development Authority, Series 2025                                | CUSIP: 566823UT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8397529.10   | 0.29%             | 2048-05-01      | Variable      | 2.81%                 | No            |                  2 | On Loan: No      |
| Chattanooga Health Educational & Housing Facility Board                               | Chattanooga Health Educational & Housing Facility Board, Series 2023                         | CUSIP: 162404DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2016531.60   | 0.07%             | 2029-12-01      | Variable      | 3.80%                 | No            |                  2 | On Loan: No      |
| DeKalb County Housing Authority                                                       | DeKalb County Housing Authority, Series 2024                                                 | CUSIP: 240471PE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12880000 | PA      | $12940711.17  | 0.45%             | 2034-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brownsville Navigation District                                                       | Brownsville Navigation District                                                              | CUSIP: 116439KH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004682.00   | 0.03%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brazos Higher Education Authority, Inc.                                               | Brazos Higher Education Authority, Inc.                                                      | CUSIP: 10623ABS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1505317.97   | 0.05%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Student Loan Liquidity Corp.                                                     | Iowa Student Loan Liquidity Corp., Series 2024B                                              | CUSIP: 462590PG9<br>LEI: 549300FO1LWVSZKGJK70 | Long             | DBT              | MUN               | US        |    635000 | PA      | $688977.10    | 0.02%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Sports Facilities Authority (The)                                            | Illinois Sports Facilities Authority (The)                                                   | CUSIP: 452143FQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2405000 | PA      | $2557145.35   | 0.09%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                                  | Colorado Educational & Cultural Facilities Authority                                         | CUSIP: 19645RA35<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1041157.00   | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 455059AJ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1655000 | PA      | $1635730.84   | 0.06%             | 2038-12-01      | Variable      | 0.95%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp.                                         | Rhode Island Housing & Mortgage Finance Corp., Series 2025 1-B                               | CUSIP: 76221SJT9<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5020929.50   | 0.17%             | 2028-04-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                                    | South Carolina Jobs-Economic Development Authority, Series 2024                              | CUSIP: 83704DAP1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2142317.03   | 0.07%             | 2027-12-15      | Variable      | 3.70%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                               | Knox County Health Educational & Housing Facility Board                                      | CUSIP: 49952MCT1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $495600.75    | 0.02%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                                | California Municipal Finance Authority                                                       | CUSIP: 13048RAF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    530000 | PA      | $530178.40    | 0.02%             | 2044-12-01      | Variable      | 4.10%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                                 | Oneida County Local Development Corp.                                                        | CUSIP: 682440AV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1625000 | PA      | $1638095.88   | 0.06%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                                   | Pennsylvania Housing Finance Agency, Series 2023 B                                           | CUSIP: 708797BC8<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500000.00    | 0.02%             | 2026-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University                                                          | Northern Illinois University                                                                 | CUSIP: 665245YG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1069161.60   | 0.04%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Akron Bath Copley Joint Township Hospital District                                    | Akron Bath Copley Joint Township Hospital District                                           | CUSIP: 009730PK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $255215.35    | 0.01%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wayne County Airport Authority                                                        | Wayne County Airport Authority, Series 2025G                                                 | CUSIP: 9445142V9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20220000 | PA      | $22206774.74  | 0.76%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing & Economic Development Authority                                    | Wisconsin Housing & Economic Development Authority, Series 2024 I                            | CUSIP: 97689RFF6<br>LEI: 549300AT0SEG8YQT2K79 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3324686.30   | 0.11%             | 2058-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Higher Education Student Assistance Authority                              | New Jersey Higher Education Student Assistance Authority, Series 2025-3                      | CUSIP: 646080ZE4<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1606329.90   | 0.06%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 45204E3F3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1311530.48   | 0.05%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Regional Airport Authority                                                   | Columbus Regional Airport Authority, Series 2025 A                                           | CUSIP: 199546CP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4300000 | PA      | $4738965.50   | 0.16%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                             | Indiana Finance Authority                                                                    | CUSIP: 45506ECB7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    115000 | PA      | $109689.44    | 0.00%             | 2028-11-15      | Fixed         | 3.21%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                                 | County of Hamilton, Series 2023A                                                             | CUSIP: 40727RCH9<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   1045000 | PA      | $1116076.82   | 0.04%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                                    | New York State Dormitory Authority, Series 2024 A                                            | CUSIP: 65000B4J4<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    375000 | PA      | $410518.91    | 0.01%             | 2031-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hammond Multi-School Building Corp.                                                   | Hammond Multi-School Building Corp.                                                          | CUSIP: 408395RM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1225996.20   | 0.04%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                              | Massachusetts Development Finance Agency, Series 2025 B                                      | CUSIP: 57585BKC1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2230000 | PA      | $2422826.09   | 0.08%             | 2055-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency, Series 2024-1A                              | CUSIP: 70878CBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1625899.32   | 0.06%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712D6X9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4072868.80   | 0.14%             | 2051-02-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 64577B4C5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1011136.10   | 0.03%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                       | California Community Choice Financing Authority                                              | CUSIP: 13013JCM6<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |  17250000 | PA      | $18499477.88  | 0.64%             | 2054-01-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Forsyth MT                                                                    | City of Forsyth, Series 2010A                                                                | CUSIP: 346668DP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6220000 | PA      | $6407523.05   | 0.22%             | 2032-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                             | New Jersey Economic Development Authority                                                    | CUSIP: 645780FT9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2378631.46   | 0.08%             | 2034-11-01      | Variable      | 3.75%                 | No            |                  2 | On Loan: No      |
| Overland Park Development Corp.                                                       | Overland Park Development Corp.                                                              | CUSIP: 690278BR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1960000 | PA      | $2021277.24   | 0.07%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lamar Consolidated Independent School District                                        | Lamar Consolidated Independent School District                                               | CUSIP: 513174G97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1905000 | PA      | $2112354.49   | 0.07%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona (The)                 | Industrial Development Authority of the City of Phoenix Arizona (The)                        | CUSIP: 71885DCS9<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    600000 | PA      | $612030.60    | 0.02%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oneida County Local Development Corp.                                                 | Oneida County Local Development Corp.                                                        | CUSIP: 682440AW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1436514.29   | 0.05%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                                     | County of Ohio, Series 2024                                                                  | CUSIP: 677321BP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $770564.22    | 0.03%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                                   | Wisconsin Health & Educational Facilities Authority                                          | CUSIP: 97712DKF2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4340000 | PA      | $4323817.44   | 0.15%             | 2026-08-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                            | Illinois Finance Authority                                                                   | CUSIP: 452031AE7<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    500000 | PA      | $514994.45    | 0.02%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Education Assistance Agency                                       | Pennsylvania Higher Education Assistance Agency                                              | CUSIP: 70878CAK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $565104.49    | 0.02%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Metropolitan Housing Authority                                               | Columbus Metropolitan Housing Authority, Series 2024                                         | CUSIP: 19951AAV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2695000 | PA      | $2702238.23   | 0.09%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $678596.31    | 0.02%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lehigh County General Purpose Authority                                               | Lehigh County General Purpose Authority, Series 2024                                         | CUSIP: 52480RFY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $541239.25    | 0.02%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp.                                  | New Hope Cultural Education Facilities Finance Corp., Series 2025                            | CUSIP: 64542UGP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $390000.00    | 0.01%             | 2025-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                            | City of Los Angeles Department of Airports, Series 2025A                                     | CUSIP: 5444452M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4504810.80   | 0.15%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                           | Commonwealth of Puerto Rico                                                                  | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1521000 | PA      | $1686507.31   | 0.06%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                                  | Colorado Health Facilities Authority, Series 2019B                                           | CUSIP: 19648FXC3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  17720000 | PA      | $18101683.48  | 0.62%             | 2049-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                              | New Hampshire Business Finance Authority                                                     | CUSIP: 63608SAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $265006.94    | 0.01%             | 2026-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-12-01

**Name of Applicant:** MFS Series Trust IX

**Signature:** James Byrne

**Name of Signer:** James Byrne

**Title:** Assistant Treasurer