# EDGAR Filing Document

**Accession Number:** 0000914529
**File Stem:** 0001752724-25-161286
**Filing Date:** 2025-6
**Character Count:** 292396
**Document Hash:** 0705885be58b60fb1eea6c14a97e676c
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-25-161286.hdr.sgml**: 20250627

**ACCESSION NUMBER**: 0001752724-25-161286

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250430

**FILED AS OF DATE**: 20250627

**DATE AS OF CHANGE**: 20250627

**PERIOD START**: 20260131

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Municipals Trust II
- **CENTRAL INDEX KEY:** 0000914529

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-08134
- **FILM NUMBER:** 251083039

**BUSINESS ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109
- **BUSINESS PHONE:** 617-482-8260

**MAIL ADDRESS:**
- **STREET 1:** ONE POST OFFICE SQUARE
- **CITY:** BOSTON
- **STATE:** MA
- **ZIP:** 02109

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE MUNICIPALS TRUST II
- **DATE OF NAME CHANGE:** 19931108

## Series and Classes Contracts Data

### Eaton Vance High Yield Municipal Income Fund (Series ID: S000004834)

| Class ID   | Class Name                                           | Ticker Symbol   |
|:---|:---|:---|
| C000013069 | Eaton Vance High Yield Municipal Income Fund Class A | ETHYX           |
| C000013071 | Eaton Vance High Yield Municipal Income Fund Class C | ECHYX           |
| C000048637 | Eaton Vance High Yield Municipal Income Fund Class I | EIHYX           |
| C000231374 | Eaton Vance High Yield Municipal Income Fund Class W | EWHYX           |

## Nport-Ex

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited)

------

Corporate Bonds — 1.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital — 0.5% | Hospital — 0.5% | Hospital — 0.5% |
| Adventist Health System, 5.757%, 12/1/34 | $5000 | &nbsp;&nbsp;$4985275 |
| Boston Medical Center Corp., 4.581%, 7/1/47 | 4165 | &nbsp;&nbsp;&nbsp;&nbsp; 3291524 |
|  |  | &nbsp;&nbsp;**$8276799** |
| Other — 0.5% | Other — 0.5% | Other — 0.5% |
| Morongo Band of Mission Indians, 7.00%, 10/1/39<sup>(1)</sup> | $7980 | &nbsp;&nbsp;$8478392 |
|  |  | &nbsp;&nbsp;**$8478392** |
| Total Corporate Bonds<br> (identified cost $17,145,000) |  | &nbsp;&nbsp;**$16755191** |

---

Tax-Exempt Mortgage-Backed Securities — 0.2%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing — 0.2% | Housing — 0.2% | Housing — 0.2% |
| National Finance Authority, NH, Affordable Housing Certificates, Series 2024-1, Class A, 4.15%, 10/20/40 | $2495 | &nbsp;&nbsp;$2351648 |
| Total Tax-Exempt Mortgage-Backed Securities<br> (identified cost $2,495,000) |  | &nbsp;&nbsp;**$2351648** |

---

Tax-Exempt Municipal Obligations — 97.0%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Bond Bank — 0.6% | Bond Bank — 0.6% | Bond Bank — 0.6% |
| Texas Water Development Board, 5.25%, 10/15/51<sup>(2)</sup> | $10000 | &nbsp;&nbsp;$10517900 |
|  |  | &nbsp;&nbsp;**$10517900** |
| Cogeneration — 0.0%<sup>†</sup> | Cogeneration — 0.0%<sup>†</sup> | Cogeneration — 0.0%<sup>†</sup> |
| Northampton County Industrial Development Authority, PA, (Northampton Generating), (AMT), 5.00%, 6/30/27<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;567 | &nbsp;&nbsp;$249562 |
|  |  | &nbsp;&nbsp;**$249562** |
| Education — 6.4% | Education — 6.4% | Education — 6.4% |
| Albany Capital Resource Corp., NY, (KIPP Capital Region Public Charter Schools), 5.00%, 6/1/64 | $3200 | &nbsp;&nbsp;$3048650 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| Arizona Industrial Development Authority, (Pinecrest Academy of Nevada), 4.00%, 7/15/50<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;925 | &nbsp;&nbsp;$746902 |
| Arlington Higher Education Finance Corp., TX, (Great Hearts America), 5.00%, 8/15/54 | 2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2014722 |
| Arlington Higher Education Finance Corp., TX, (Harmony Public Schools), (PSF Guaranteed), 4.00%, 2/15/54 | 3760 | &nbsp;&nbsp;&nbsp;&nbsp; 3299971 |
| Arlington Higher Education Finance Corp., TX, (Leadership Prep School), (PSF Guaranteed), 4.125%, 6/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;390 | &nbsp;&nbsp;&nbsp;&nbsp; 353059 |
| Build NYC Resource Corp., NY, (East Harlem Scholars Academy Charter School), Social Bonds, 5.75%, 6/1/52<sup>(1)</sup> | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1486030 |
| California Educational Facilities Authority, (University of Southern California)), 5.00%, 10/1/55 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3149727 |
| California Enterprise Development Authority, (The Rocklin Academy), 5.00%, 6/1/44<sup>(1)</sup> | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1463324 |
| California Municipal Finance Authority, (Westside Neighbourhood School), 6.375%, 6/15/64<sup>(1)</sup> | 3455 | &nbsp;&nbsp;&nbsp;&nbsp; 3655915 |
| Capital Trust Agency, FL, (Florida Charter Educational Foundation, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 6/15/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp; 527566 |
| &nbsp;&nbsp;&nbsp;5.375%, 6/15/48<sup>(1)</sup> | 1020 | &nbsp;&nbsp;&nbsp;&nbsp; 939858 |
| Capital Trust Authority, FL, (KIPP Miami North Campus): |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 6/15/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 660542 |
| &nbsp;&nbsp;&nbsp;6.125%, 6/15/60<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 813662 |
| Capital Trust Authority, FL, (Mason Classical Academy), 5.00%, 6/1/54<sup>(1)</sup> | 4400 | &nbsp;&nbsp;&nbsp;&nbsp; 3966094 |
| Colorado Educational and Cultural Facilities Authority, (Aspen View Academy): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 5/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 87664 |
| &nbsp;&nbsp;&nbsp;4.00%, 5/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 401247 |
| Dayton-Montgomery County Port Authority, OH, (Daytown Regional Stem Schools, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/54 | 1135 | &nbsp;&nbsp;&nbsp;&nbsp; 1093079 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/60 | 1175 | &nbsp;&nbsp;&nbsp;&nbsp; 1119284 |
| District of Columbia, (District of Columbia International School), 5.00%, 7/1/49 | 2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2137644 |
| District of Columbia, (KIPP DC), 4.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp; 854596 |
| Florida Development Finance Corp., (Drs. Kiran & Pallavi Patel 2017 Foundation for Global Understanding, Inc.), 4.00%, 7/1/51<sup>(1)</sup> | 5050 | &nbsp;&nbsp;&nbsp;&nbsp; 4060249 |
| Florida Development Finance Corp., (River City Science Academy Project), 4.00%, 7/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 588232 |
| Florida Higher Educational Facilities Financing Authority, (Jacksonville University), 5.00%, 6/1/48<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 645467 |
| Florida Higher Educational Facilities Financing Authority, (Rollins College Project), 4.125%, 12/1/54 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2604525 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| Houston Higher Education Finance Corp., TX, (Houston Christian University), 5.25%, 10/1/54 | $1500 | &nbsp;&nbsp;$1450462 |
| Idaho Housing and Finance Association, (Alturas Preparatory Academy): |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 5/1/49 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1334745 |
| &nbsp;&nbsp;&nbsp;4.50%, 5/1/59 | 1060 | &nbsp;&nbsp;&nbsp;&nbsp; 944193 |
| Illinois Finance Authority, (DePaul College Prep Foundation), 5.625%, 8/1/53<sup>(1)</sup> | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2563599 |
| Indiana Finance Authority, (KIPP Indianapolis, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 306149 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp; 420168 |
| Iowa Higher Education Loan Authority, (University of Dubuque), 6.00%, 10/1/55 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3072829 |
| Maricopa County Industrial Development Authority, AZ, (Legacy Traditional Schools): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/51<sup>(1)</sup> | 2870 | &nbsp;&nbsp;&nbsp;&nbsp; 2280975 |
| &nbsp;&nbsp;&nbsp;4.25%, 7/1/44 | 2250 | &nbsp;&nbsp;&nbsp;&nbsp; 1960483 |
| New York Dormitory Authority, (Pace University), 5.50%, 5/1/56 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1044194 |
| Phoenix Industrial Development Authority, AZ, (Legacy Traditional Schools), 5.00%, 7/1/46<sup>(1)</sup> | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2384254 |
| Public Finance Authority, WI, (North Carolina Leadership Academy): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 6/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp; 155168 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 178087 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/49<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 239480 |
| Public Finance Authority, WI, (North East Carolina Preparatory School), 5.25%, 6/15/54 | 1120 | &nbsp;&nbsp;&nbsp;&nbsp; 1092695 |
| Public Finance Authority, WI, (Pinecrest Academy Nevada-Sloan Canyon Campus): |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 7/15/49<sup>(1)</sup> | 1700 | &nbsp;&nbsp;&nbsp;&nbsp; 1496267 |
| &nbsp;&nbsp;&nbsp;4.50%, 7/15/53<sup>(1)</sup> | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 861366 |
| Public Finance Authority, WI, (Roseman University of Health Sciences): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 4/1/52<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp; 763797 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp; 775296 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/50<sup>(1)</sup> | 3250 | &nbsp;&nbsp;&nbsp;&nbsp; 2994431 |
| Public Finance Authority, WI, (Triad Math and Science Academy Co.): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/65 | 2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2132376 |
| &nbsp;&nbsp;&nbsp;5.50%, 6/15/55 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1974586 |
| Sierra Vista Industrial Development Authority, AZ, (American Leadership Academy): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/44<sup>(1)</sup> | 4750 | &nbsp;&nbsp;&nbsp;&nbsp; 4560323 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/54<sup>(1)</sup> | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2783985 |
| South Carolina Jobs-Economic Development Authority, (Carolina Voyager), 5.00%, 6/15/54<sup>(1)</sup> | 5735 | &nbsp;&nbsp;&nbsp;&nbsp; 5394318 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| Tennessee State School Bond Authority: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/52 | $&nbsp;&nbsp;&nbsp;&nbsp;380 | &nbsp;&nbsp;$391068 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/52<sup>(2)</sup> | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10291300 |
| Texas Tech University System, 4.25%, 2/15/55 | 8310 | &nbsp;&nbsp;&nbsp;&nbsp; 7818378 |
| Washington Housing Finance Commission, (Seattle Academy of Arts and Sciences): |  |  |
| &nbsp;&nbsp;&nbsp;5.875%, 7/1/43<sup>(1)</sup> | 1345 | &nbsp;&nbsp;&nbsp;&nbsp; 1433968 |
| &nbsp;&nbsp;&nbsp;6.125%, 7/1/53<sup>(1)</sup> | 3525 | &nbsp;&nbsp;&nbsp;&nbsp; 3764196 |
|  |  | &nbsp;&nbsp;**$106581145** |
| Electric Utilities — 1.2% | Electric Utilities — 1.2% | Electric Utilities — 1.2% |
| Arkansas River Power Authority, CO, 5.00%, 10/1/43 | $4235 | &nbsp;&nbsp;$4237426 |
| Douglas County Public Utility District No. 1, WA, 3.00%, 9/1/52 | 1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1269341 |
| South Carolina Public Service Authority: |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/54 | 3180 | &nbsp;&nbsp;&nbsp;&nbsp; 3274742 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/1/47 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10787009 |
|  |  | &nbsp;&nbsp;**$19568518** |
| Escrowed/Prerefunded — 1.1% | Escrowed/Prerefunded — 1.1% | Escrowed/Prerefunded — 1.1% |
| Illinois Finance Authority, (Plymouth Place, Inc.), Prerefunded to 5/15/25, 5.00%, 5/15/37 | $1000 | &nbsp;&nbsp;$1000510 |
| Iowa Finance Authority, (Iowa Fertilizer Co.), Prerefunded to 12/1/32, 5.00%, 12/1/50 | 14380 | &nbsp;&nbsp;&nbsp;&nbsp; 16055441 |
| New Jersey Economic Development Authority, (School Facilities Construction), Prerefunded to 12/15/28, 5.00%, 6/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;570 | &nbsp;&nbsp;&nbsp;&nbsp; 611441 |
| Public Finance Authority, WI, (Roseman University of Health Sciences): |  |  |
| &nbsp;&nbsp;&nbsp;Prerefunded to 4/1/30, 5.00%, 4/1/50<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 139813 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 4/1/32, 4.00%, 4/1/52<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp; 31092 |
|  |  | &nbsp;&nbsp;**$17838297** |
| General Obligations — 7.7% | General Obligations — 7.7% | General Obligations — 7.7% |
| Chicago Board of Education, IL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/41 | $3550 | &nbsp;&nbsp;$3506096 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/42 | 6950 | &nbsp;&nbsp;&nbsp;&nbsp; 6465174 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/44 | 2305 | &nbsp;&nbsp;&nbsp;&nbsp; 2179249 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/46 | 5500 | &nbsp;&nbsp;&nbsp;&nbsp; 5116606 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/46 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2325730 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/47 | 13635 | &nbsp;&nbsp;&nbsp;&nbsp; 12901374 |
| &nbsp;&nbsp;&nbsp;6.00%, 12/1/49 | 4375 | &nbsp;&nbsp;&nbsp;&nbsp; 4611392 |
| Chicago, IL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/44 | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 6619999 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/45 | 5250 | &nbsp;&nbsp;&nbsp;&nbsp; 5077113 |
| &nbsp;&nbsp;&nbsp;5.25%, 1/1/38 | 6750 | &nbsp;&nbsp;&nbsp;&nbsp; 7007526 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Chicago, IL: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 1/1/45 | $4600 | &nbsp;&nbsp;$4602420 |
| &nbsp;&nbsp;&nbsp;5.50%, 1/1/43 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2033017 |
| &nbsp;&nbsp;&nbsp;5.50%, 1/1/49 | 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3506655 |
| Detroit, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/30 | 1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1446336 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;865 | &nbsp;&nbsp;&nbsp;&nbsp; 891761 |
| &nbsp;&nbsp;&nbsp;6.00%, 5/1/43 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1089183 |
| Graford Independent School District, TX, (PSF Guaranteed), 4.00%, 2/15/54 | 3575 | &nbsp;&nbsp;&nbsp;&nbsp; 3178504 |
| Houston, TX, 4.125%, 3/1/51<sup>(2)</sup> | 6635 | &nbsp;&nbsp;&nbsp;&nbsp; 6178247 |
| Illinois: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/42 | 8125 | &nbsp;&nbsp;&nbsp;&nbsp; 8170064 |
| &nbsp;&nbsp;&nbsp;5.50%, 5/1/39 | 1085 | &nbsp;&nbsp;&nbsp;&nbsp; 1138366 |
| &nbsp;&nbsp;&nbsp;5.50%, 3/1/47 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2060564 |
| &nbsp;&nbsp;&nbsp;5.75%, 5/1/45 | 1115 | &nbsp;&nbsp;&nbsp;&nbsp; 1164019 |
| Kentfield School District, CA, (Election of 2024), 4.00%, 8/1/49 | 1345 | &nbsp;&nbsp;&nbsp;&nbsp; 1267705 |
| Leander Independent School District, TX, (PSF Guaranteed), 5.00%, 8/15/47<sup>(2)</sup> | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5163250 |
| Puerto Rico: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;731 | &nbsp;&nbsp;&nbsp;&nbsp; 490543 |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/33 | 4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4300340 |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/41 | 7584 | &nbsp;&nbsp;&nbsp;&nbsp; 6464048 |
| &nbsp;&nbsp;&nbsp;5.625%, 7/1/29 | 3343 | &nbsp;&nbsp;&nbsp;&nbsp; 3477163 |
| &nbsp;&nbsp;&nbsp;5.75%, 7/1/31 | 8681 | &nbsp;&nbsp;&nbsp;&nbsp; 9210059 |
| San Diego Unified School District, CA, (Election of 2012): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 840481 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/42 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5640409 |
|  |  | &nbsp;&nbsp;**$128123393** |
| Hospital — 10.1% | Hospital — 10.1% | Hospital — 10.1% |
| Allegheny County Hospital Development Authority, PA, (Allegheny Health Network Obligated Group), 5.00%, 4/1/47 | $7975 | &nbsp;&nbsp;$7881011 |
| Arkansas Development Finance Authority, (Washington Regional Medical Center), 5.00%, 2/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;&nbsp;&nbsp; 985003 |
| Astoria Hospital Facilities Authority, OR, (Columbia Memorial Hospital), 5.25%, 8/1/54 | 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3554447 |
| Bucks County Industrial Development Authority, PA, (Grand View Hospital): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/46 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 834813 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/36 | 1200 | &nbsp;&nbsp;&nbsp;&nbsp; 1231191 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/54 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5626576 |
| California Municipal Finance Authority, (NorthBay Healthcare Group), 5.00%, 11/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 527636 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital (continued) | Hospital (continued) | Hospital (continued) |
| Cleveland Health and Educational Facilities Board, TN, (Hamilton Health Care System), 4.25%, 8/15/54 | $11500 | &nbsp;&nbsp;$10464662 |
| Colorado Health Facilities Authority, (AdventHealth Obligated Group), 3.00%, 11/15/51 | 11160 | &nbsp;&nbsp;&nbsp;&nbsp; 7845219 |
| Colorado Health Facilities Authority, (CommonSpirit Health): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 8/1/44 | 3290 | &nbsp;&nbsp;&nbsp;&nbsp; 2976510 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/1/47 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4164782 |
| Connecticut State Health and Educational Facilities Authority, (Connecticut Children Medical Center), 4.25%, 7/15/53 | 1945 | &nbsp;&nbsp;&nbsp;&nbsp; 1784049 |
| Crawford County Hospital Authority, PA, (Meadville Medical Center), 6.00%, 6/1/46 | 3175 | &nbsp;&nbsp;&nbsp;&nbsp; 3191691 |
| Doylestown Hospital Authority, PA, 5.375%, 7/1/39<sup>(1)</sup> | 1510 | &nbsp;&nbsp;&nbsp;&nbsp; 1608031 |
| DuBois Hospital Authority, PA, (Penn Highlands Healthcare), 4.00%, 7/15/50 | 3600 | &nbsp;&nbsp;&nbsp;&nbsp; 2775483 |
| Fairfax County Industrial Development Authority, VA, (Inova Health System), 4.00%, 5/15/48 | 1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1192370 |
| Grand Forks, ND, (Altru Health System), 5.42%, 12/1/53 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1511441 |
| Grays Harbor County Public Hospital District No. 1, WA, (Summit Pacific Medical Center), 6.875%, 12/1/53 | 2610 | &nbsp;&nbsp;&nbsp;&nbsp; 2858839 |
| Halifax Hospital Medical Center, FL, (Daytona Beach): |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 6/1/54 | 3250 | &nbsp;&nbsp;&nbsp;&nbsp; 2949040 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/54 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5198614 |
| Illinois Finance Authority, (OSF HealthCare System), 4.125%, 5/15/47 | 4975 | &nbsp;&nbsp;&nbsp;&nbsp; 4481623 |
| Jefferson County Civic Facility Development Corp., NY, (Samaritan Medical Center), 4.00%, 11/1/42 | 5500 | &nbsp;&nbsp;&nbsp;&nbsp; 4326321 |
| Maryland Health and Higher Educational Facilities Authority, (Frederick Health System), 5.25%, 7/1/53 | 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3544368 |
| Michigan Finance Authority, (Henry Ford Health Detroit): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.375%, 2/28/54 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2768021 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.50%, 2/28/57 | 2700 | &nbsp;&nbsp;&nbsp;&nbsp; 2831072 |
| Michigan Finance Authority, (Trinity Health Credit Group), 4.00%, 12/1/49 | 6475 | &nbsp;&nbsp;&nbsp;&nbsp; 5588699 |
| Missouri Health and Educational Facilities Authority, (Mercy Health), 5.00%, 12/1/52 | 7850 | &nbsp;&nbsp;&nbsp;&nbsp; 7954948 |
| Montana Facility Finance Authority, (Bozeman Deaconess Health Services Obligated Group), 5.00%, 6/1/48 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3958446 |
| Montgomery County Higher Education and Health Authority, PA, (Holy Redeemer Health System), 5.00%, 10/1/40 | 1120 | &nbsp;&nbsp;&nbsp;&nbsp; 965695 |
| Muskingum County, OH, (Genesis HealthCare System Obligated Group): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/33 | 2775 | &nbsp;&nbsp;&nbsp;&nbsp; 2785427 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/44 | 3835 | &nbsp;&nbsp;&nbsp;&nbsp; 3668413 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital (continued) | Hospital (continued) | Hospital (continued) |
| New Jersey Health Care Facilities Financing Authority, (St. Joseph's Healthcare System Obligated Group): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/48 | $5890 | &nbsp;&nbsp;$4940971 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/41 | 1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1751442 |
| New York Dormitory Authority, (White Plains Hospital Obligated Group), 5.25%, 10/1/49 | 1720 | &nbsp;&nbsp;&nbsp;&nbsp; 1739413 |
| Norfolk Economic Development Authority, VA, (Sentara Healthcare), 4.00%, 11/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp; 501292 |
| Onondaga Civic Development Corp., NY, (Crouse Health Hospital, Inc.), 5.125%, 8/1/44 | 6525 | &nbsp;&nbsp;&nbsp;&nbsp; 5702948 |
| Pennsylvania Economic Development Financing Authority, (UPMC), 4.00%, 5/15/53 | 4885 | &nbsp;&nbsp;&nbsp;&nbsp; 4115275 |
| Skagit County Public Hospital District No. 1, WA, 5.50%, 12/1/54 | 2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2822315 |
| South Carolina Jobs-Economic Development Authority, (Beaufort Memorial Hospital and South of Broad Healthcare), 5.75%, 11/15/54 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2546417 |
| South Carolina Jobs-Economic Development Authority, (Novant Health Obligated Group), 4.50%, 11/1/54 | 9335 | &nbsp;&nbsp;&nbsp;&nbsp; 8801412 |
| Southeastern Ohio Port Authority, (Memorial Health System Obligated Group), 5.00%, 12/1/35 | 3100 | &nbsp;&nbsp;&nbsp;&nbsp; 2867259 |
| West Virginia Hospital Finance Authority, (Vandalia Health): |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 9/1/48 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4324856 |
| &nbsp;&nbsp;&nbsp;6.00%, 9/1/53 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4295647 |
| West Virginia Hospital Finance Authority, (West Virginia Health System Obligated Group), 4.375%, 6/1/53 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2779341 |
| Westchester County Local Development Corp., NY, (Westchester Medical Center Obligated Group), 6.25%, 11/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;560 | &nbsp;&nbsp;&nbsp;&nbsp; 608096 |
| Wisconsin Health and Educational Facilities Authority, (Marshfield Clinic Health System, Inc.), 5.50%, 2/15/54 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5289737 |
| Wisconsin Health and Educational Facilities Authority, (Thedacare, Inc.), 3.125%, 12/15/49 | 3765 | &nbsp;&nbsp;&nbsp;&nbsp; 2760686 |
|  |  | &nbsp;&nbsp;**$167881548** |
| Housing — 6.8% | Housing — 6.8% | Housing — 6.8% |
| Alabama Housing Finance Authority, SFMR, (FHLMC), (FNMA), (GNMA), 4.625%, 10/1/49 | $3580 | &nbsp;&nbsp;$3527497 |
| Burke County Development Authority, GA, (KSU Summit II Student Housing): |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 7/15/50 | 2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2606850 |
| &nbsp;&nbsp;&nbsp;4.625%, 7/15/56 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2376256 |
| CMFA Special Finance Agency, CA, (Solana at Grand), 4.00%, 8/1/56<sup>(1)</sup> | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3355646 |
| Colorado Housing and Finance Authority, (Fitzsimons Gateway Apartments), Social Bonds, (FNMA), 4.48%, 3/1/44 | 3250 | &nbsp;&nbsp;&nbsp;&nbsp; 3165399 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing (continued) | Housing (continued) | Housing (continued) |
| CSCDA Community Improvement Authority, CA, (City of Orange Portfolio), Essential Housing Revenue, Social Bonds, 3.00%, 3/1/57<sup>(1)</sup> | $9900 | &nbsp;&nbsp;$6223719 |
| Florida Development Finance Corp., (The Henry Project), 5.25%, 6/1/54<sup>(1)</sup> | 3600 | &nbsp;&nbsp;&nbsp;&nbsp; 3445930 |
| Indiana Finance Authority, (CHF-Tippecanoe, LLC - Student Housing), 5.125%, 6/1/58 | 1650 | &nbsp;&nbsp;&nbsp;&nbsp; 1628637 |
| Kentucky Housing Corp., SFMR, (FHLMC), (FNMA), (GNMA), 4.35%, 7/1/44 | 2025 | &nbsp;&nbsp;&nbsp;&nbsp; 2012620 |
| King County Housing Authority, WA, (Kirkland Heights Project), 4.625%, 1/1/41 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2008993 |
| Knox County Health Educational and Housing Facility Board, TN, (MTEBS Village), (FNMA), 4.625%, 12/1/43 | 1650 | &nbsp;&nbsp;&nbsp;&nbsp; 1642557 |
| Maine Housing Authority, Social Bonds, 4.70%, 11/15/53 | &nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp; 764530 |
| Maryland Economic Development Corp., (Morgan State University), Student Housing Revenue, 5.75%, 7/1/53 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2111751 |
| Massachusetts Development Finance Agency, (Merrimack College Student Housing), 5.00%, 7/1/60<sup>(1)</sup> | 2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2099413 |
| Mississippi Home Corp., MS, (Jackson Housing Portfolio), (FNMA), 4.55%, 4/1/42 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2508094 |
| National Finance Authority, NH, Municipal Certificates, Series 2022-2, Class A, 4.00%, 10/20/36 | 6760 | &nbsp;&nbsp;&nbsp;&nbsp; 6476008 |
| Nevada Housing Division, (FHLMC), (FNMA), GNMA), 4.55%, 10/1/44 | 3130 | &nbsp;&nbsp;&nbsp;&nbsp; 3101858 |
| New Hampshire Business Finance Authority: |  |  |
| &nbsp;&nbsp;&nbsp;3.625%, 8/20/39 | 4972 | &nbsp;&nbsp;&nbsp;&nbsp; 4554079 |
| &nbsp;&nbsp;&nbsp;4.25%, 7/20/41 | 3951 | &nbsp;&nbsp;&nbsp;&nbsp; 3766494 |
| New York City Housing Development Corp., NY, (8 Spruce Street), 5.25%, 12/15/31 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1518222 |
| Ohio Housing Finance Agency, (Havens Edge Apartment), 5.70%, 8/1/43<sup>(1)</sup> | 1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1784047 |
| Public Finance Authority, WI, (Aggie Apartment Life Holding Corp., II LLC): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/44 | 1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1278094 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/54 | 2325 | &nbsp;&nbsp;&nbsp;&nbsp; 2295212 |
| Public Finance Authority, WI, (KSU Bixby Real Estate Foundation LLC): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 553584 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 759949 |
| &nbsp;&nbsp;&nbsp;5.50%, 6/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 757068 |
| Public Finance Authority, WI, (University of Hawaii Foundation), Green and Social Bonds, 4.00%, 7/1/51<sup>(1)</sup> | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 1948729 |
| Rhode Island Housing and Mortgage Finance Corp., Social Bonds, (GNMA), 4.60%, 10/1/48 | 3700 | &nbsp;&nbsp;&nbsp;&nbsp; 3713871 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing (continued) | Housing (continued) | Housing (continued) |
| Shelby County Health and Educational Facilities Board, TN, (Madrone Memphis Student Housing I LLC): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/44<sup>(1)</sup> | $1250 | &nbsp;&nbsp;$1206245 |
| &nbsp;&nbsp;&nbsp;5.25%, 6/1/56<sup>(1)</sup> | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9618789 |
| Tennessee Housing Development Agency, (Residential Finance Program), Social Bonds, (FHLMC), (FNMA), (GNMA), 4.65%, 7/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 490035 |
| Texas Student Housing Corp., (University of North Texas): |  |  |
| &nbsp;&nbsp;&nbsp;9.375%, 7/1/06<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;&nbsp;&nbsp; 860000 |
| &nbsp;&nbsp;&nbsp;11.00%, 7/1/31<sup>(4)</sup> | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000000 |
| Utah Housing Corp., (Promontory Place Apartments), (FNMA), 4.69%, 2/1/45 | 4965 | &nbsp;&nbsp;&nbsp;&nbsp; 4945362 |
| Vancouver Housing Authority, WA, (Cougar Creek), 4.50%, 10/1/42 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1239781 |
| Washington Housing Finance Commission, Social Certificates, 3.375%, 4/20/37 | 8404 | &nbsp;&nbsp;&nbsp;&nbsp; 7574794 |
| Washington State Housing Finance Commission, (Radford Court and Nordheim Court): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/54 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1455405 |
| &nbsp;&nbsp;&nbsp;5.50%, 7/1/59 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2042103 |
| West Virginia Housing Development Fund, Social Bonds, 4.45%, 11/1/49 | 2065 | &nbsp;&nbsp;&nbsp;&nbsp; 1957681 |
| Wisconsin Health and Educational Facilities Authority, (Wisconsin Housing Preservation Corp.), 4.375%, 11/1/39 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8019561 |
|  |  | &nbsp;&nbsp;**$113394863** |
| Industrial Development Revenue — 11.8% | Industrial Development Revenue — 11.8% | Industrial Development Revenue — 11.8% |
| Arkansas Development Finance Authority, (Big River Steel): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.50%, 9/1/49<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;$403065 |
| &nbsp;&nbsp;&nbsp;(AMT), 4.75%, 9/1/49<sup>(1)</sup> | 2910 | &nbsp;&nbsp;&nbsp;&nbsp; 2705640 |
| Arkansas Development Finance Authority, (United States Steel Corp.): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.45%, 9/1/52 | 11200 | &nbsp;&nbsp;&nbsp;&nbsp; 11208926 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 5.70%, 5/1/53 | 6730 | &nbsp;&nbsp;&nbsp;&nbsp; 6822848 |
| California Municipal Finance Authority, (LINXS Automated People Mover), (AMT), 5.00%, 12/31/43 | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7001152 |
| Florida Development Finance Corp., (GFL Solid Waste Southeast LLC), (AMT), 4.375% to 10/1/31 (Put Date), 10/1/54<sup>(1)</sup> | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2483874 |
| Hawaii Department of Budget and Finance, (Hawaiian Electric Co.), 3.20%, 7/1/39 | 5610 | &nbsp;&nbsp;&nbsp;&nbsp; 4630987 |
| Henderson, KY, (Pratt Paper, LLC): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.45%, 1/1/42<sup>(1)</sup> | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2316285 |
| &nbsp;&nbsp;&nbsp;(AMT), 4.70%, 1/1/52<sup>(1)</sup> | 5510 | &nbsp;&nbsp;&nbsp;&nbsp; 5096852 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Industrial Development Revenue (continued) | Industrial Development Revenue (continued) | Industrial Development Revenue (continued) |
| Hoover Industrial Development Board, AL, (United States Steel Corp.), (AMT), 5.75%, 10/1/49 | $1250 | &nbsp;&nbsp;$1252986 |
| Houston, TX, (United Airlines, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 7/15/41 | 11710 | &nbsp;&nbsp;&nbsp;&nbsp; 10529929 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 7/15/34 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1514765 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 7/15/36 | 9000 | &nbsp;&nbsp;&nbsp;&nbsp; 9160505 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 7/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 352406 |
| Jefferson County Port Authority, OH, (JSW Steel USA Ohio, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00% to 12/1/28 (Put Date), 12/1/53<sup>(1)</sup> | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6035645 |
| &nbsp;&nbsp;&nbsp;(AMT), 3.50%, 12/1/51<sup>(1)</sup> | 9250 | &nbsp;&nbsp;&nbsp;&nbsp; 6802555 |
| Maine Finance Authority, (Casella Waste Systems, Inc.), (AMT), 5.125% to 8/1/25 (Put Date), 8/1/35<sup>(1)</sup> | 1880 | &nbsp;&nbsp;&nbsp;&nbsp; 1872897 |
| Maricopa County Industrial Development Authority, AZ, (Commercial Metals Co.), (AMT), 4.00%, 10/15/47<sup>(1)</sup> | 6350 | &nbsp;&nbsp;&nbsp;&nbsp; 5308276 |
| Mobile County Industrial Development Authority, AL, (AM/LS Calvert LLC): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.75%, 12/1/54 | 14650 | &nbsp;&nbsp;&nbsp;&nbsp; 13371193 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 6/1/54 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3800135 |
| National Finance Authority, NH, (Covanta): |  |  |
| &nbsp;&nbsp;&nbsp;4.625%, 11/1/42<sup>(1)</sup> | 13325 | &nbsp;&nbsp;&nbsp;&nbsp; 11896896 |
| &nbsp;&nbsp;&nbsp;(AMT), 4.875%, 11/1/42<sup>(1)</sup> | 1975 | &nbsp;&nbsp;&nbsp;&nbsp; 1817987 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AMT), 3.75% to 7/2/40 (Put Date), 7/1/45<sup>(1)</sup> | 1845 | &nbsp;&nbsp;&nbsp;&nbsp; 1516512 |
| New Hampshire Business Finance Authority, (Casella Waste Systems, Inc.), 2.95%, 4/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 454412 |
| New Jersey Economic Development Authority, (Continental Airlines): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 9/15/29 | 7105 | &nbsp;&nbsp;&nbsp;&nbsp; 7105342 |
| &nbsp;&nbsp;&nbsp;5.50%, 6/1/33 | 4375 | &nbsp;&nbsp;&nbsp;&nbsp; 4375911 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.625%, 11/15/30 | 3860 | &nbsp;&nbsp;&nbsp;&nbsp; 3860525 |
| New York Transportation Development Corp., (Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.375%, 10/1/45 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9062882 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 10/1/40 | 18780 | &nbsp;&nbsp;&nbsp;&nbsp; 18823344 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.625%, 4/1/40 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10357646 |
| Niagara Area Development Corp., NY, (Covanta), (AMT), 4.75%, 11/1/42<sup>(1)</sup> | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 6346638 |
| Ohio Air Quality Development Authority, (Pratt Paper, LLC), (AMT), 4.25%, 1/15/38<sup>(1)</sup> | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2846238 |
| Pennsylvania Economic Development Financing Authority, (Core Natural Resources, Inc.), (AMT), 5.45% to 3/27/35 (Put Date), 1/1/51<sup>(1)</sup> | 1965 | &nbsp;&nbsp;&nbsp;&nbsp; 1947967 |
| Pennsylvania Economic Development Financing Authority, (Covanta), Green Bonds, (AMT), 3.25%, 8/1/39<sup>(1)</sup> | 1700 | &nbsp;&nbsp;&nbsp;&nbsp; 1343473 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Industrial Development Revenue (continued) | Industrial Development Revenue (continued) | Industrial Development Revenue (continued) |
| Rockdale County Development Authority, GA, (Pratt Paper, LLC), (AMT), 4.00%, 1/1/38<sup>(1)</sup> | $4950 | &nbsp;&nbsp;$4582333 |
| Valparaiso, IN, (Pratt Paper IN LLC), (AMT), 5.00%, 1/1/54<sup>(1)</sup> | 2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2631310 |
| Vermont Economic Development Authority, (Casella Waste Systems, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.375% to 6/1/32 (Put Date), 6/1/52<sup>(1)</sup> | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1234730 |
| &nbsp;&nbsp;&nbsp;(AMT), 4.625% to 4/3/28 (Put Date), 4/1/36<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 478437 |
| Virginia Small Business Financing Authority, (Covanta), (AMT), 5.00% to 7/1/38 (Put Date), 1/1/48<sup>(1)</sup> | 1440 | &nbsp;&nbsp;&nbsp;&nbsp; 1398355 |
| West Virginia Economic Development Authority, (Core Natural Resources, Inc.), (AMT), 5.45% to 3/27/35 (Put Date), 1/1/55<sup>(1)</sup> | 2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2230575 |
|  |  | &nbsp;&nbsp;**$196982434** |
| Insured - Education — 0.1% | Insured - Education — 0.1% | Insured - Education — 0.1% |
| Walker County Board of Education, AL, (AGC), 4.25%, 3/1/54 | $1500 | &nbsp;&nbsp;$1363786 |
|  |  | &nbsp;&nbsp;**$1363786** |
| Insured - Electric Utilities — 0.1% | Insured - Electric Utilities — 0.1% | Insured - Electric Utilities — 0.1% |
| Garland, TX, Electric Utility System Revenue, (AGC), 4.25%, 3/1/55 | $2260 | &nbsp;&nbsp;$2084951 |
|  |  | &nbsp;&nbsp;**$2084951** |
| Insured - General Obligations — 0.5% | Insured - General Obligations — 0.5% | Insured - General Obligations — 0.5% |
| Generation Park Management District, TX, (AGC), 3.75%, 9/1/49 | $2530 | &nbsp;&nbsp;$2058999 |
| Harris County Improvement District No. 18, TX: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 3.50%, 9/1/48 | 1345 | &nbsp;&nbsp;&nbsp;&nbsp; 1059872 |
| &nbsp;&nbsp;&nbsp;(BAM), 3.50%, 9/1/49 | 1475 | &nbsp;&nbsp;&nbsp;&nbsp; 1146616 |
| Harris County Municipal Utility District No. 165, TX: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 3.50%, 3/1/48 | 2785 | &nbsp;&nbsp;&nbsp;&nbsp; 2226273 |
| &nbsp;&nbsp;&nbsp;(BAM), 3.50%, 3/1/49 | 2820 | &nbsp;&nbsp;&nbsp;&nbsp; 2228426 |
|  |  | &nbsp;&nbsp;**$8720186** |
| Insured - Hospital — 2.1% | Insured - Hospital — 2.1% | Insured - Hospital — 2.1% |
| Columbia County Hospital Authority, GA, (WellStar Health System, Inc.), (AGM), 5.00%, 4/1/48 | $2125 | &nbsp;&nbsp;$2166137 |
| Grand Forks, ND, (Altru Health System), (AGM), 3.00%, 12/1/46 | 6505 | &nbsp;&nbsp;&nbsp;&nbsp; 4793348 |
| Isle of Wight County Economic Development Authority, VA, (Riverside Health System), (AGM), 5.25%, 7/1/53 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1317122 |
| Pennsylvania Higher Educational Facilities Authority, (Thomas Jefferson University), (AGC), 4.25%, 11/1/51 | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 6458825 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Hospital (continued) | Insured - Hospital (continued) | Insured - Hospital (continued) |
| Virginia Commonwealth University Health System Authority, (BAM), 4.00%, 7/1/54 | $12915 | &nbsp;&nbsp;$11857683 |
| Westchester County Local Development Corp., NY, (Westchester Medical Center Obligated Group): |  |  |
| &nbsp;&nbsp;&nbsp;(AGM), 5.00%, 11/1/51 | 1940 | &nbsp;&nbsp;&nbsp;&nbsp; 1960580 |
| &nbsp;&nbsp;&nbsp;(AGM), 5.75%, 11/1/53 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2150481 |
| Wisconsin Health and Educational Facilities Authority, (Marshfield Clinic Health System, Inc.), (BAM), 4.50%, 2/15/54 | 1205 | &nbsp;&nbsp;&nbsp;&nbsp; 1162150 |
| Yuma Industrial Development Authority, AZ, (Yuma Regional Medical Center), (AGC), 4.00%, 8/1/49 | 3750 | &nbsp;&nbsp;&nbsp;&nbsp; 3528747 |
|  |  | &nbsp;&nbsp;**$35395073** |
| Insured - Housing — 0.1% | Insured - Housing — 0.1% | Insured - Housing — 0.1% |
| Knox County Health Educational and Housing Facility Board, TN, (University of Tennessee), (BAM), 5.00%, 7/1/64 | $2275 | &nbsp;&nbsp;$2260441 |
|  |  | &nbsp;&nbsp;**$2260441** |
| Insured - Lease Revenue/Certificates of Participation — 0.3% | Insured - Lease Revenue/Certificates of Participation — 0.3% | Insured - Lease Revenue/Certificates of Participation — 0.3% |
| Indianapolis Local Public Improvement Bond Bank, IN, (BAM), 5.00%, 3/1/53 | $5000 | &nbsp;&nbsp;$5111012 |
|  |  | &nbsp;&nbsp;**$5111012** |
| Insured - Special Tax Revenue — 3.3% | Insured - Special Tax Revenue — 3.3% | Insured - Special Tax Revenue — 3.3% |
| Harris County-Houston Sports Authority, TX: |  |  |
| &nbsp;&nbsp;&nbsp;(AGM), (NPFG), 0.00%, 11/15/34 | $12700 | &nbsp;&nbsp;$8007453 |
| &nbsp;&nbsp;&nbsp;(NPFG), 0.00%, 11/15/26 | 9395 | &nbsp;&nbsp;&nbsp;&nbsp; 8912753 |
| &nbsp;&nbsp;&nbsp;(NPFG), 0.00%, 11/15/28 | 9605 | &nbsp;&nbsp;&nbsp;&nbsp; 8483742 |
| &nbsp;&nbsp;&nbsp;(NPFG), Escrowed to Maturity, 0.00%, 11/15/26 | 1115 | &nbsp;&nbsp;&nbsp;&nbsp; 1057767 |
| &nbsp;&nbsp;&nbsp;(NPFG), Escrowed to Maturity, 0.00%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 353305 |
| Metropolitan Pier and Exposition Authority, IL, (McCormick Place Expansion), (AGM), 0.00%, 12/15/56 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 1850431 |
| Miami-Dade County, FL, Professional Sports Franchise Facilities, (AGC), 7.00%, 10/1/39 | 14500 | &nbsp;&nbsp;&nbsp;&nbsp; 16403967 |
| Newark, NJ, (Mulberry Pedestrian Bridge Redevelopment), (AGM), 5.375%, 11/15/52 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2134112 |
| Port of Greater Cincinnati Development Authority, OH, (Duke Energy Convention Center), (AGM), 4.375%, 12/1/58 | 2940 | &nbsp;&nbsp;&nbsp;&nbsp; 2761770 |
| Tolomato Community Development District, FL: |  |  |
| &nbsp;&nbsp;&nbsp;(AGM), 3.75%, 5/1/39 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2390489 |
| &nbsp;&nbsp;&nbsp;(AGM), 3.75%, 5/1/40 | 2980 | &nbsp;&nbsp;&nbsp;&nbsp; 2818956 |
|  |  | &nbsp;&nbsp;**$55174745** |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Transportation — 3.6% | Insured - Transportation — 3.6% | Insured - Transportation — 3.6% |
| Allegheny County Airport Authority, PA, (Pittsburgh International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AGM), (AMT), 5.50%, 1/1/48 | $3300 | &nbsp;&nbsp;$3436881 |
| &nbsp;&nbsp;&nbsp;(AGM), (AMT), 5.50%, 1/1/53 | 11925 | &nbsp;&nbsp;&nbsp;&nbsp; 12363365 |
| Chicago, IL, (Midway International Airport), (BAM), (AMT), 5.75%, 1/1/48 | 6355 | &nbsp;&nbsp;&nbsp;&nbsp; 6744380 |
| E-470 Public Highway Authority, CO, (NPFG), 0.00%, 9/1/37 | 6665 | &nbsp;&nbsp;&nbsp;&nbsp; 3618808 |
| Foothill/Eastern Transportation Corridor Agency, CA, (AGM), 5.625%, 1/15/32 | 1955 | &nbsp;&nbsp;&nbsp;&nbsp; 2194683 |
| Metropolitan Transportation Authority, NY, Green Bonds, (BAM), 4.00%, 11/15/48 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4383086 |
| New York Transportation Development Corp., (John F. Kennedy International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AGM), (AMT), 4.625%, 6/30/54 | 6005 | &nbsp;&nbsp;&nbsp;&nbsp; 5628651 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AGM), (AMT), 5.00%, 6/30/54 | 1420 | &nbsp;&nbsp;&nbsp;&nbsp; 1414090 |
| &nbsp;&nbsp;&nbsp;Green Bonds, (AGM), (AMT), 5.125%, 6/30/60 | 11800 | &nbsp;&nbsp;&nbsp;&nbsp; 11859703 |
| Texas Turnpike Authority, (AMBAC), 0.00%, 8/15/30 | 9440 | &nbsp;&nbsp;&nbsp;&nbsp; 7718419 |
|  |  | &nbsp;&nbsp;**$59362066** |
| Insured - Water and Sewer — 0.3% | Insured - Water and Sewer — 0.3% | Insured - Water and Sewer — 0.3% |
| Carmel, IN, Waterworks Revenue, (BAM), 4.25%, 5/1/53 | $1700 | &nbsp;&nbsp;$1540438 |
| Terre Haute Sanitary District, IN, (BAM), 4.375%, 1/1/49 | 3355 | &nbsp;&nbsp;&nbsp;&nbsp; 3086161 |
|  |  | &nbsp;&nbsp;**$4626599** |
| Lease Revenue/Certificates of Participation — 2.3% | Lease Revenue/Certificates of Participation — 2.3% | Lease Revenue/Certificates of Participation — 2.3% |
| Baltimore, MD, (Harbor Point), 5.00%, 6/1/51 | $1600 | &nbsp;&nbsp;$1507265 |
| New Hampshire Business Finance Authority, (Centurion BioSquare, Inc.), 5.88%, 12/15/38 | 12950 | &nbsp;&nbsp;&nbsp;&nbsp; 13041970 |
| New Jersey Economic Development Authority, (Portal North Bridge), 5.25%, 11/1/47 | 9100 | &nbsp;&nbsp;&nbsp;&nbsp; 9404216 |
| New Jersey Economic Development Authority, (School Facilities Construction): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp; 972280 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/44 | 8290 | &nbsp;&nbsp;&nbsp;&nbsp; 8416899 |
| New Jersey Educational Facilities Authority, (Higher Education Capital Improvement Fund), 4.625%, 9/1/48 | 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3512626 |
| New Jersey Transportation Trust Fund Authority, (Transportation Program), 4.25%, 6/15/44 | 1985 | &nbsp;&nbsp;&nbsp;&nbsp; 1873734 |
|  |  | &nbsp;&nbsp;**$38728990** |
| Other Revenue — 3.7% | Other Revenue — 3.7% | Other Revenue — 3.7% |
| Buckeye Tobacco Settlement Financing Authority, OH: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 6/1/48 | $4545 | &nbsp;&nbsp;$3153605 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Other Revenue (continued) | Other Revenue (continued) | Other Revenue (continued) |
| Buckeye Tobacco Settlement Financing Authority, OH: <br> (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/55 | $26135 | &nbsp;&nbsp;$22840291 |
| California Community Choice Financing Authority, Clean Energy Project Revenue, Green Bonds, 5.50% to 11/1/30 (Put Date), 10/1/54 | 4315 | &nbsp;&nbsp;&nbsp;&nbsp; 4621127 |
| Central Falls Detention Facility Corp., RI, 7.25%, 7/15/35<sup>(4)</sup> | 6250 | &nbsp;&nbsp;&nbsp;&nbsp; 2437500 |
| Kalispel Tribe of Indians, WA, Series A, 5.25%, 1/1/38<sup>(1)</sup> | 1260 | &nbsp;&nbsp;&nbsp;&nbsp; 1277778 |
| Main Street Natural Gas, Inc., GA, Gas Supply Revenue, 5.00% to 12/1/30 (Put Date), 5/1/54 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3112527 |
| Military Installation Development Authority, UT, 4.00%, 6/1/41 | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1301044 |
| Morongo Band of Mission Indians, CA, 5.00%, 10/1/42<sup>(1)</sup> | 2040 | &nbsp;&nbsp;&nbsp;&nbsp; 2045202 |
| Patriots Energy Group Financing Agency, SC, Gas Supply Revenue, 5.25% to 8/1/31 (Put Date), 10/1/54 | 9250 | &nbsp;&nbsp;&nbsp;&nbsp; 9681887 |
| Public Finance Authority, WI, (Inperium, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/44<sup>(1)</sup> | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4884672 |
| &nbsp;&nbsp;&nbsp;5.75%, 12/1/54<sup>(1)</sup> | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 5855627 |
| Southeast Energy Authority, AL, 5.00% to 6/1/35 (Put Date), 1/1/56 | &nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 564122 |
|  |  | &nbsp;&nbsp;**$61775382** |
| Senior Living/Life Care — 13.9% | Senior Living/Life Care — 13.9% | Senior Living/Life Care — 13.9% |
| Atlantic Beach, FL, (Fleet Landing): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/37 | $7945 | &nbsp;&nbsp;$7868320 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/38 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 989471 |
| California Municipal Finance Authority, (Mt. San Antonio Gardens), 4.00%, 11/15/52 | &nbsp;&nbsp;&nbsp;&nbsp;880 | &nbsp;&nbsp;&nbsp;&nbsp; 670069 |
| California Public Finance Authority, (Enso Village): |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 3.125%, 5/15/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 345776 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 11/15/51<sup>(1)</sup> | 2660 | &nbsp;&nbsp;&nbsp;&nbsp; 2366150 |
| &nbsp;&nbsp;&nbsp;Green Bonds, 5.00%, 11/15/56<sup>(1)</sup> | 2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2412631 |
| Centerville, OH, (Graceworks Lutheran Services), 5.25%, 11/1/37 | 3250 | &nbsp;&nbsp;&nbsp;&nbsp; 3179989 |
| Clackamas County Hospital Facility Authority, OR, (Mary's Woods at Marylhurst), 5.00%, 5/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 133703 |
| Clackamas County Hospital Facility Authority, OR, (Rose Villa): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 11/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 233374 |
| &nbsp;&nbsp;&nbsp;5.375%, 11/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 280741 |
| Colorado Health Facilities Authority, (Aberdeen Ridge): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/44 | 2250 | &nbsp;&nbsp;&nbsp;&nbsp; 1744877 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/58 | 2525 | &nbsp;&nbsp;&nbsp;&nbsp; 1762377 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| Colorado Health Facilities Authority, (Frasier Meadows Retirement Community), 5.25%, 5/15/37 | $&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;$757608 |
| Connecticut Health and Educational Facilities Authority, (Church Home of Hartford, Inc.), 5.00%, 9/1/46<sup>(1)</sup> | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 915343 |
| Delaware Economic Development Authority, DE, (Acts Retirement Life Communities, Inc.), 5.25%, 11/15/53 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5071149 |
| District of Columbia, (Ingleside at Rock Creek), 5.00%, 7/1/52 | 2100 | &nbsp;&nbsp;&nbsp;&nbsp; 1856039 |
| Florida Development Finance Corp., (The Glenridge on Palmer Ranch), 5.00%, 6/1/51<sup>(1)</sup> | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 7127604 |
| Franklin County Industrial Development Authority, PA, (Menno-Haven, Inc.), 5.00%, 12/1/38 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 949623 |
| Franklin County, OH, (Ohio Living Communities): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/40 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3953387 |
| &nbsp;&nbsp;&nbsp;5.50%, 7/1/41 | 6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6167107 |
| Fulton County Residential Care Facilities for the Elderly Authority, GA, (Canterbury Court): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 4/1/56<sup>(1)</sup> | 5050 | &nbsp;&nbsp;&nbsp;&nbsp; 3804405 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/47<sup>(1)</sup> | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 948980 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/54<sup>(1)</sup> | 1660 | &nbsp;&nbsp;&nbsp;&nbsp; 1532302 |
| Hamilton County, OH, (Life Enriching Communities), 5.75%, 1/1/53 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3085011 |
| Harris County Cultural Education Facilities Finance Corp., TX, (Brazos Presbyterian Homes, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 1/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 375480 |
| &nbsp;&nbsp;&nbsp;6.375%, 1/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 60104 |
| Howard County, MD, (Vantage House), 5.00%, 4/1/36 | 1725 | &nbsp;&nbsp;&nbsp;&nbsp; 1653817 |
| Illinois Finance Authority, (Plymouth Place, Inc.), 5.00%, 5/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 374207 |
| Iowa Finance Authority, (Lifespace Communities, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 5/15/38 | 1770 | &nbsp;&nbsp;&nbsp;&nbsp; 1660518 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/43 | 2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2693984 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/49 | 3955 | &nbsp;&nbsp;&nbsp;&nbsp; 3749456 |
| James City County Economic Development Authority, VA, (Williamsburg Landing), 6.875%, 12/1/58 | 2600 | &nbsp;&nbsp;&nbsp;&nbsp; 2781789 |
| Lee County Industrial Development Authority, FL, (Shell Point Obligated Group), 5.25%, 11/15/54 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2980984 |
| Massachusetts Development Finance Agency, (Linden Ponds, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/33<sup>(1)</sup> | 1550 | &nbsp;&nbsp;&nbsp;&nbsp; 1598906 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/38<sup>(1)</sup> | 1010 | &nbsp;&nbsp;&nbsp;&nbsp; 1032529 |
| Massachusetts Development Finance Agency, (Salem Community Corp.), 5.125%, 1/1/40 | 1020 | &nbsp;&nbsp;&nbsp;&nbsp; 970664 |
| Mesquite Health Facilities Development Corp., TX, (Christian Care Centers), 5.125%, 2/15/30<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;8 | &nbsp;&nbsp;&nbsp;&nbsp; 85 |
| Missouri Health and Educational Facilities Authority, (Bethesda Health Group, Inc.), 5.00%, 8/1/40 | 1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1267316 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| Missouri Health and Educational Facilities Authority, (Lutheran Senior Services): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 2/1/48 | $1000 | &nbsp;&nbsp;$1005551 |
| &nbsp;&nbsp;&nbsp;5.25%, 2/1/54 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1232628 |
| Montgomery County Industrial Development Authority, PA, (Whitemarsh Continuing Care Retirement Community), 5.25%, 1/1/48 | 9045 | &nbsp;&nbsp;&nbsp;&nbsp; 8048540 |
| Multnomah County Hospital Facilities Authority, OR, (Terwilliger Plaza), 4.00%, 12/1/51 | 2245 | &nbsp;&nbsp;&nbsp;&nbsp; 1641889 |
| National Finance Authority, NH, (The Vista): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 7/1/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 558763 |
| &nbsp;&nbsp;&nbsp;5.625%, 7/1/46<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;555 | &nbsp;&nbsp;&nbsp;&nbsp; 526756 |
| &nbsp;&nbsp;&nbsp;5.75%, 7/1/54<sup>(1)</sup> | 1745 | &nbsp;&nbsp;&nbsp;&nbsp; 1628718 |
| New Hope Cultural Education Facilities Finance Corp., TX, (Bella Vida Forefront Living): |  |  |
| &nbsp;&nbsp;&nbsp;6.25%, 10/1/45 | 2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2145988 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/1/55 | 1600 | &nbsp;&nbsp;&nbsp;&nbsp; 1569302 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/1/60 | 1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1096491 |
| New Hope Cultural Education Facilities Finance Corp., TX, (The Outlook at Windhaven), 6.75%, 10/1/52 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp; 14418012 |
| New Mexico Hospital Equipment Loan Council, (Haverland Carter Lifestyle Group), 5.00%, 7/1/49 | 16000 | &nbsp;&nbsp;&nbsp;&nbsp; 14136402 |
| Norfolk Redevelopment and Housing Authority, VA, (Fort Norfolk Retirement Community, Inc. - Harbor's Edge): |  |  |
| &nbsp;&nbsp;&nbsp;4.375%, 1/1/39 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1104066 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/49 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3425796 |
| &nbsp;&nbsp;&nbsp;5.25%, 1/1/54 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1745693 |
| North Carolina Medical Care Commission, (EveryAge), 5.00%, 9/1/54 | 1340 | &nbsp;&nbsp;&nbsp;&nbsp; 1257627 |
| North Carolina Medical Care Commission, (Penick Village), 5.50%, 9/1/54 | 1665 | &nbsp;&nbsp;&nbsp;&nbsp; 1572397 |
| North Carolina Medical Care Commission, (United Methodist Retirement Homes), 5.125%, 10/1/54 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 994505 |
| Palm Beach County Health Facilities Authority, FL, (Green Cay Life Plan Village), 11.50%, 7/1/27<sup>(1)</sup> | 6020 | &nbsp;&nbsp;&nbsp;&nbsp; 8021038 |
| Palm Beach County Health Facilities Authority, FL, (Toby & Leon Cooperman Sinai Residences of Boca Raton), 4.25%, 6/1/56 | 1935 | &nbsp;&nbsp;&nbsp;&nbsp; 1543346 |
| Public Finance Authority, WI, (Church Home of Hartford, Inc.), 5.00%, 9/1/30<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp; 756371 |
| Public Finance Authority, WI, (Mary's Woods at Marylhurst): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 5/15/42<sup>(1)</sup> | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 966409 |
| &nbsp;&nbsp;&nbsp;5.25%, 5/15/47<sup>(1)</sup> | 1335 | &nbsp;&nbsp;&nbsp;&nbsp; 1246911 |
| &nbsp;&nbsp;&nbsp;5.25%, 5/15/52<sup>(1)</sup> | 2750 | &nbsp;&nbsp;&nbsp;&nbsp; 2493405 |
| South Carolina Jobs-Economic Development Authority, (Seafields Kiawah Island Project), 7.75%, 11/15/58 | 13000 | &nbsp;&nbsp;&nbsp;&nbsp; 13680252 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| South Carolina Jobs-Economic Development Authority, (South Carolina Episcopal Home at Still Hopes), 5.00%, 4/1/38 | $2500 | &nbsp;&nbsp;$2489286 |
| St. Louis County Industrial Development Authority, MO, (Friendship Village of St. Louis), 5.00%, 9/1/38 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1257866 |
| Stamford Housing Authority, CT, (Mozaic Concierge Living): |  |  |
| &nbsp;&nbsp;&nbsp;6.375%, 10/1/45 | 1600 | &nbsp;&nbsp;&nbsp;&nbsp; 1618765 |
| &nbsp;&nbsp;&nbsp;6.50%, 10/1/55 | 2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2212572 |
| Tarrant County Cultural Education Facilities Finance Corp., TX, (MRC Stevenson Oaks): |  |  |
| &nbsp;&nbsp;&nbsp;6.625%, 11/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;715 | &nbsp;&nbsp;&nbsp;&nbsp; 642112 |
| &nbsp;&nbsp;&nbsp;6.75%, 11/15/51 | 3250 | &nbsp;&nbsp;&nbsp;&nbsp; 2795167 |
| &nbsp;&nbsp;&nbsp;6.875%, 11/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 159909 |
| Tempe Industrial Development Authority, AZ, (Friendship Village of Tempe), 4.00%, 12/1/56 | 4265 | &nbsp;&nbsp;&nbsp;&nbsp; 3328630 |
| Tempe Industrial Development Authority, AZ, (Mirabella at ASU): |  |  |
| &nbsp;&nbsp;&nbsp;6.125%, 10/1/47<sup>(1)</sup> | 4100 | &nbsp;&nbsp;&nbsp;&nbsp; 2686484 |
| &nbsp;&nbsp;&nbsp;6.125%, 10/1/52<sup>(1)</sup> | 8850 | &nbsp;&nbsp;&nbsp;&nbsp; 5631988 |
| Venice, FL, (Village On The Isle), 5.625%, 1/1/60<sup>(1)</sup> | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1934128 |
| Virginia Beach Development Authority, VA, (Westminster-Canterbury on Chesapeake Bay): |  |  |
| &nbsp;&nbsp;&nbsp;7.00%, 9/1/53 | 2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2204258 |
| &nbsp;&nbsp;&nbsp;7.00%, 9/1/59 | 9000 | &nbsp;&nbsp;&nbsp;&nbsp; 9867583 |
| Virginia Small Business Financing Authority, (Lifespire of Virginia): |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 12/1/44 | 4250 | &nbsp;&nbsp;&nbsp;&nbsp; 3923192 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/54 | 2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2287903 |
| Washington Housing Finance Commission, (Bayview Manor Homes): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/36<sup>(1)</sup> | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1494443 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/46<sup>(1)</sup> | 1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1263744 |
| Washington Housing Finance Commission, (Horizon House), 5.00%, 1/1/48<sup>(1)</sup> | 7225 | &nbsp;&nbsp;&nbsp;&nbsp; 6209923 |
| Washington Housing Finance Commission, (Transforming Age): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/44<sup>(1)</sup> | 2780 | &nbsp;&nbsp;&nbsp;&nbsp; 2543917 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/49<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;695 | &nbsp;&nbsp;&nbsp;&nbsp; 614927 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/55<sup>(1)</sup> | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1288771 |
| Wisconsin Health and Educational Facilities Authority, (Dickson Hollow Phase II), 6.125%, 10/1/59 | 1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1750856 |
| Wisconsin Health and Educational Facilities Authority, (Oakwood Lutheran Senior Ministries), 4.00%, 1/1/57 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 749979 |
| Wisconsin Health and Educational Facilities Authority, (Three Pillars Senior Living Communities): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 8/15/39 | 1415 | &nbsp;&nbsp;&nbsp;&nbsp; 1467597 |
| &nbsp;&nbsp;&nbsp;5.75%, 8/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp; 947942 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| Wisconsin Health and Educational Facilities Authority, (Three Pillars Senior Living Communities): <br> (continued) |  |  |
| &nbsp;&nbsp;&nbsp;5.75%, 8/15/59 | $4000 | &nbsp;&nbsp;$4107548 |
|  |  | &nbsp;&nbsp;**$231652221** |
| Special Tax Revenue — 8.6% | Special Tax Revenue — 8.6% | Special Tax Revenue — 8.6% |
| Aerotropolis Regional Transportation Authority, CO, 5.75%, 12/1/54<sup>(1)</sup> | $13760 | &nbsp;&nbsp;$13823857 |
| Atlanta Development Authority, GA, (Westside Gulch Area), 5.50%, 4/1/39<sup>(1)</sup> | 9830 | &nbsp;&nbsp;&nbsp;&nbsp; 9868143 |
| Denton County, TX, (Green Meadows Public Improvement District Improvement Area): |  |  |
| &nbsp;&nbsp;&nbsp;5.375%, 12/31/45<sup>(1)</sup> | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1406714 |
| &nbsp;&nbsp;&nbsp;5.625%, 12/31/55<sup>(1)</sup> | 1101 | &nbsp;&nbsp;&nbsp;&nbsp; 1042256 |
| Hobe-St. Lucie Conservancy District, FL: |  |  |
| &nbsp;&nbsp;&nbsp;5.60%, 5/1/44 | 1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1002846 |
| &nbsp;&nbsp;&nbsp;5.875%, 5/1/55 | 1950 | &nbsp;&nbsp;&nbsp;&nbsp; 1943947 |
| Lakewood Ranch Stewardship District, FL, (Villages of Lakewood Ranch South): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/36 | 3685 | &nbsp;&nbsp;&nbsp;&nbsp; 3704747 |
| &nbsp;&nbsp;&nbsp;5.125%, 5/1/46 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3912856 |
| Maryland Economic Development Corp., (Port Covington), 4.00%, 9/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 463606 |
| Metropolitan Development and Housing Agency, TN, (Fifth + Broadway Development Project), 5.125%, 6/1/36<sup>(1)</sup> | 1800 | &nbsp;&nbsp;&nbsp;&nbsp; 1805533 |
| Metropolitan Pier and Exposition Authority, IL, (McCormick Place Expansion), 5.00%, 6/15/50 | 12215 | &nbsp;&nbsp;&nbsp;&nbsp; 12127952 |
| Mida Mountain Village Public Infrastructure District, UT: |  |  |
| &nbsp;&nbsp;&nbsp;5.125%, 6/15/54<sup>(1)</sup> | 2375 | &nbsp;&nbsp;&nbsp;&nbsp; 2157457 |
| &nbsp;&nbsp;&nbsp;6.00%, 6/15/54<sup>(1)</sup> | 3375 | &nbsp;&nbsp;&nbsp;&nbsp; 3381259 |
| Middleton Community Development District A, FL, 4.75%, 5/1/55 | 1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1307395 |
| New River Community Development District, FL, (Capital Improvements): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/13<sup>(4)</sup> | 1005 | &nbsp;&nbsp;&nbsp;&nbsp; 10 |
| &nbsp;&nbsp;&nbsp;5.75%, 5/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp; 978317 |
| New York City Transitional Finance Authority, NY, 4.375%, 5/1/53 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4720545 |
| New York City Transitional Finance Authority, NY, Future Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/46<sup>(2)</sup> | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10357000 |
| &nbsp;&nbsp;&nbsp;5.50%, 11/1/45<sup>(2)</sup> | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 10774300 |
| Ohio County, WV, (The Highlands), 5.25%, 6/1/53 | 3400 | &nbsp;&nbsp;&nbsp;&nbsp; 3327746 |
| Oneida Indian Nation of New York, NY, 6.00%, 9/1/43<sup>(1)</sup> | 2300 | &nbsp;&nbsp;&nbsp;&nbsp; 2441390 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Special Tax Revenue (continued) | Special Tax Revenue (continued) | Special Tax Revenue (continued) |
| Pennsylvania Turnpike Commission, Oil Franchise Tax Revenue, 4.00%, 12/1/51 | $5000 | &nbsp;&nbsp;$4602993 |
| Puerto Rico Sales Tax Financing Corp.: |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/46 | 18623 | &nbsp;&nbsp;&nbsp;&nbsp; 6011627 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/51 | 40064 | &nbsp;&nbsp;&nbsp;&nbsp; 9511530 |
| &nbsp;&nbsp;&nbsp;4.75%, 7/1/53 | 9834 | &nbsp;&nbsp;&nbsp;&nbsp; 9142859 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/58 | 16285 | &nbsp;&nbsp;&nbsp;&nbsp; 15580460 |
| Reno, NV, Sales Tax Revenue, 4.00%, 6/1/43 | 1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1173334 |
| South Village Community Development District, FL: |  |  |
| &nbsp;&nbsp;&nbsp;4.875%, 5/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 500843 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 100122 |
| Southern Hills Plantation I Community Development District, FL: |  |  |
| &nbsp;&nbsp;&nbsp;Series A1, 5.80%, 5/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;823 | &nbsp;&nbsp;&nbsp;&nbsp; 754808 |
| &nbsp;&nbsp;&nbsp;Series A2, 5.80%, 5/1/35<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;755 | &nbsp;&nbsp;&nbsp;&nbsp; 480024 |
| St. Louis Land Clearance for Redevelopment Authority, MO, (Kiel Opera House Renovation), 3.875%, 10/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 343726 |
| Winter Garden Village at Fowler Groves Community Development District, FL, 4.125%, 5/1/37 | 3905 | &nbsp;&nbsp;&nbsp;&nbsp; 3739970 |
|  |  | &nbsp;&nbsp;**$142490172** |
| Transportation — 11.6% | Transportation — 11.6% | Transportation — 11.6% |
| California Infrastructure and Economic Development Bank, (Brightline West Passenger Rail), Green Bonds, (AMT), 9.50% to 1/1/35 (Put Date), 1/1/65<sup>(1)</sup> | $7500 | &nbsp;&nbsp;$7243471 |
| California Municipal Finance Authority, (HumanGood - California Obligated Group), (AMT), 5.00%, 6/1/48 | 2025 | &nbsp;&nbsp;&nbsp;&nbsp; 2009927 |
| California Municipal Finance Authority, (LINXS Automated People Mover), (AMT), 5.00%, 12/31/47 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2488994 |
| Chicago, IL, (O'Hare International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/53 | 5915 | &nbsp;&nbsp;&nbsp;&nbsp; 5872950 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 1/1/55<sup>(2)</sup> | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4128560 |
| Colorado High Performance Transportation Enterprise, (U.S. 36 and I-25 Managed Lanes), (AMT), 5.75%, 1/1/44 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2501543 |
| Denver City and County, CO, Airport System Revenue, (AMT), 5.00%, 11/15/53 | 8385 | &nbsp;&nbsp;&nbsp;&nbsp; 8443714 |
| Hawaii, Airports System Revenue, (AMT), 5.00%, 7/1/45 | 2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2284681 |
| Kentucky Public Transportation Infrastructure Authority, (Downtown Crossing Project): |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/29 | 1135 | &nbsp;&nbsp;&nbsp;&nbsp; 942893 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 387854 |
| &nbsp;&nbsp;&nbsp;0.00%, 7/1/31 | 1150 | &nbsp;&nbsp;&nbsp;&nbsp; 831755 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Transportation (continued) | Transportation (continued) | Transportation (continued) |
| Louisiana Public Facilities Authority, (I-10 Calcasieu River Bridge Public-Private Partnership), (AMT), 5.50%, 9/1/59 | $9345 | &nbsp;&nbsp;$9558396 |
| Metropolitan Nashville Airport Authority, TN, (AMT), 5.50%, 7/1/52 | 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3615246 |
| Metropolitan Transportation Authority, NY, Green Bonds, 5.25%, 11/15/55 | 11500 | &nbsp;&nbsp;&nbsp;&nbsp; 11745870 |
| New Jersey Economic Development Authority, (The Goethals Bridge Replacement), (AMT), 5.125%, 1/1/34 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5000996 |
| New York Thruway Authority, 4.00%, 1/1/45 | 7770 | &nbsp;&nbsp;&nbsp;&nbsp; 7048347 |
| New York Transportation Development Corp., (John F. Kennedy International Airport), Green Bonds, (AMT), 5.375%, 6/30/60 | 10220 | &nbsp;&nbsp;&nbsp;&nbsp; 10249915 |
| New York Transportation Development Corp., (LaGuardia Airport Terminal B Redevelopment), (AMT), 5.25%, 1/1/50 | 11520 | &nbsp;&nbsp;&nbsp;&nbsp; 11424727 |
| New York Transportation Development Corp., (Terminal 4 John F. Kennedy International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/1/29 | 4700 | &nbsp;&nbsp;&nbsp;&nbsp; 4895090 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 12/1/31 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 8423199 |
| Pennsylvania Economic Development Financing Authority, (PennDOT Major Bridges Package One): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 6/30/53 | 16760 | &nbsp;&nbsp;&nbsp;&nbsp; 16618705 |
| &nbsp;&nbsp;&nbsp;(AMT), 6.00%, 6/30/61 | 5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5231456 |
| Phoenix Civic Improvement Corp., AZ, Airport Revenue, (AMT), 4.00%, 7/1/48 | 4000 | &nbsp;&nbsp;&nbsp;&nbsp; 3532454 |
| Salt Lake City, UT, (Salt Lake City International Airport), (AMT), 5.00%, 7/1/47 | 7360 | &nbsp;&nbsp;&nbsp;&nbsp; 7360651 |
| San Diego County Regional Airport Authority, CA, (San Diego International Airport), (AMT), 5.00%, 7/1/53 | 12000 | &nbsp;&nbsp;&nbsp;&nbsp; 12137560 |
| South Jersey Port Corp., NJ, (AMT), 5.00%, 1/1/42 | 2920 | &nbsp;&nbsp;&nbsp;&nbsp; 2931294 |
| Texas Private Activity Bond Surface Transportation Corp., (North Tarrant Express Segment 3C), (AMT), 5.00%, 6/30/58 | 11005 | &nbsp;&nbsp;&nbsp;&nbsp; 10696730 |
| Texas Private Activity Bond Surface Transportation Corp., (NTE Mobility Partners Segments 3, LLC): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 6/30/42 | 1765 | &nbsp;&nbsp;&nbsp;&nbsp; 1817418 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 6/30/43 | 2250 | &nbsp;&nbsp;&nbsp;&nbsp; 2307445 |
| Texas Transportation Commission, (State Highway System): |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 335076 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/46 | 2500 | &nbsp;&nbsp;&nbsp;&nbsp; 850642 |
| Triborough Bridge and Tunnel Authority, NY, 5.00%, 11/15/51<sup>(2)</sup> | 7000 | &nbsp;&nbsp;&nbsp;&nbsp; 7128730 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Transportation (continued) | Transportation (continued) | Transportation (continued) |
| Virginia Small Business Financing Authority, (95 Express Lanes LLC Project), (AMT), 4.00%, 1/1/40 | $3220 | &nbsp;&nbsp;$2922210 |
| Virginia Small Business Financing Authority, (Transform 66 P3), (AMT), 5.00%, 12/31/52 | 10000 | &nbsp;&nbsp;&nbsp;&nbsp; 9597978 |
|  |  | &nbsp;&nbsp;**$192566477** |
| Water and Sewer — 0.8% | Water and Sewer — 0.8% | Water and Sewer — 0.8% |
| Dallas, TX, Waterworks and Sewer System Revenue, 4.25%, 10/1/51 | $4885 | &nbsp;&nbsp;$4526993 |
| New York City Municipal Water Finance Authority, NY, (Water and Sewer System), 5.25%, 6/15/52<sup>(2)</sup> | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3136290 |
| Texas Water Development Board, 4.25%, 10/15/51 | 5385 | &nbsp;&nbsp;&nbsp;&nbsp; 5077545 |
|  |  | &nbsp;&nbsp;**$12740828** |
| Total Tax-Exempt Municipal Obligations<br> (identified cost $1,638,322,256) |  | &nbsp;&nbsp;**$1615190589** |

---

Taxable Municipal Obligations — 3.6%

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Cogeneration — 0.0%<sup>†</sup> | Cogeneration — 0.0%<sup>†</sup> | Cogeneration — 0.0%<sup>†</sup> |
| Northampton County Industrial Development Authority, PA, (Northampton Generating), 5.00%, 6/30/27<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;312 | &nbsp;&nbsp;$56233 |
|  |  | &nbsp;&nbsp;**$56233** |
| Education — 0.6% | Education — 0.6% | Education — 0.6% |
| California Municipal Finance Authority, (Albert Einstein Academies): |  |  |
| &nbsp;&nbsp;&nbsp;4.35%, 8/1/38<sup>(1)</sup> | $1100 | &nbsp;&nbsp;$830021 |
| &nbsp;&nbsp;&nbsp;4.50%, 8/1/43<sup>(1)</sup> | 1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1014857 |
| Capital Trust Authority, FL, (Mason Classical Academy), 6.75%, 6/1/31<sup>(1)</sup> | 2985 | &nbsp;&nbsp;&nbsp;&nbsp; 2971178 |
| Maricopa County Industrial Development Authority, AZ, (Grand Canyon University), 7.375%, 10/1/29<sup>(1)</sup> | 3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3637060 |
| San Antonio Education Facilities Corp., TX, (University of the Incarnate Word), 3.15%, 4/1/37 | 1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1375144 |
|  |  | &nbsp;&nbsp;**$9828260** |
| General Obligations — 0.4% | General Obligations — 0.4% | General Obligations — 0.4% |
| Atlantic City, NJ, 7.50%, 3/1/40 | $5440 | &nbsp;&nbsp;$6146717 |
| Detroit, MI: |  |  |
| &nbsp;&nbsp;&nbsp;Social Bonds, 3.11%, 4/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;830 | &nbsp;&nbsp;&nbsp;&nbsp; 802860 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 3.344%, 4/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 118142 |

---

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Detroit, MI: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;Social Bonds, 3.644%, 4/1/34 | $&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$450827 |
|  |  | &nbsp;&nbsp;**$7518546** |
| Hospital — 0.3% | Hospital — 0.3% | Hospital — 0.3% |
| Middleburg Heights, OH, (Southwest General Health Center), 4.074%, 8/1/47 | $6000 | &nbsp;&nbsp;$4279318 |
|  |  | &nbsp;&nbsp;**$4279318** |
| Housing — 0.2% | Housing — 0.2% | Housing — 0.2% |
| Florida Development Finance Corp., (The Henry Project), 8.00%, 6/1/37<sup>(1)</sup> | $3985 | &nbsp;&nbsp;$4052855 |
|  |  | &nbsp;&nbsp;**$4052855** |
| Insured - General Obligations — 0.0%<sup>†</sup> | Insured - General Obligations — 0.0%<sup>†</sup> | Insured - General Obligations — 0.0%<sup>†</sup> |
| Elmwood Park, IL, (AGM), 2.544%, 12/1/36 | $&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;$275403 |
|  |  | &nbsp;&nbsp;**$275403** |
| Insured - Transportation — 0.7% | Insured - Transportation — 0.7% | Insured - Transportation — 0.7% |
| Alameda Corridor Transportation Authority, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(AGM), 0.00%, 10/1/41 | $16290 | &nbsp;&nbsp;$6049976 |
| &nbsp;&nbsp;&nbsp;(AGM), 0.00%, 10/1/44 | 8000 | &nbsp;&nbsp;&nbsp;&nbsp; 2414918 |
| &nbsp;&nbsp;&nbsp;(AGM), 0.00%, 10/1/46 | 15000 | &nbsp;&nbsp;&nbsp;&nbsp; 3951213 |
|  |  | &nbsp;&nbsp;**$12416107** |
| Lease Revenue/Certificates of Participation — 0.1% | Lease Revenue/Certificates of Participation — 0.1% | Lease Revenue/Certificates of Participation — 0.1% |
| New Hampshire Business Finance Authority, (Centurion BioSquare, Inc.), 9.58%, 12/15/38 | $&nbsp;&nbsp;&nbsp;&nbsp;780 | &nbsp;&nbsp;$781404 |
| New Hampshire Business Finance Authority, (Centurion Foundation), 11.00%, 12/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 425724 |
|  |  | &nbsp;&nbsp;**$1207128** |
| Special Tax Revenue — 1.3% | Special Tax Revenue — 1.3% | Special Tax Revenue — 1.3% |
| American Samoa Economic Development Authority, 3.72%, 9/1/27<sup>(1)</sup> | $1115 | &nbsp;&nbsp;$1065092 |
| Ohio County Commission, WV, (Fort Henry Economic Opportunity Development District - The Highlands): |  |  |
| &nbsp;&nbsp;&nbsp;4.80%, 3/1/36 | 3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2737066 |
| &nbsp;&nbsp;&nbsp;5.25%, 3/1/31 | 2910 | &nbsp;&nbsp;&nbsp;&nbsp; 2899541 |

---

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Special Tax Revenue (continued) | Special Tax Revenue (continued) | Special Tax Revenue (continued) |
| Oneida Indian Nation of New York, NY, 8.00%, 9/1/40<sup>(1)</sup> | $14000 | &nbsp;&nbsp;$14172114 |
|  |  | &nbsp;&nbsp;**$20873813** |
| Total Taxable Municipal Obligations<br> (identified cost $62,718,396) |  | &nbsp;&nbsp;**$60507663** |
| Total Investments — 101.8%<br> (identified cost $1,720,680,652) |  | &nbsp;&nbsp;**$1694805091** |
| Other Assets, Less Liabilities — (1.8)% |  | &nbsp;&nbsp;**$(30114916)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$1664690175** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Portfolio of Investments is based on net assets. |
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At April 30, 2025, the aggregate value of these securities is $312,213,775 or 18.8% of the Fund's net assets. |
| <sup>(2)</sup> | Security represents the municipal bond held by a trust that issues residual interest bonds. |
| <sup>(3)</sup> | Represents a payment-in-kind security which may pay interest in additional principal at the issuer's discretion. |
| <sup>(4)</sup> | Defaulted security. Issuer has defaulted on the payment of interest and/or principal or has filed bankruptcy and is non-income producing. |

---

At April 30, 2025, the concentration of the Fund's investments in the various states and territories, determined as a percentage of net assets, is as follows:

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;New York | 11.8% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Others, representing less than 10% individually | 89.0% |

---

The Fund invests primarily in debt securities issued by municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At April 30, 2025, 11.0% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution or financial guaranty assurance agency ranged from 0.5% to 4.8% of total investments.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| AGC | – Assured Guaranty Corp. |
| AGM | – Assured Guaranty Municipal Corp. |
| AMBAC | – AMBAC Financial Group, Inc. |
| AMT | – Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax. |
| BAM | – Build America Mutual Assurance Co. |
| FHLMC | – Federal Home Loan Mortgage Corp. |
| FNMA | – Federal National Mortgage Association |
| GNMA | – Government National Mortgage Association |
| NPFG | – National Public Finance Guarantee Corp. |
| PSF | – Permanent School Fund |
| SFMR | – Single Family Mortgage Revenue |

---

The Fund did not have any open derivative instruments at April 30, 2025.

Fair Value Measurements

Under generally accepted accounting principles for fair value measurements, a three-tier hierarchy to prioritize the assumptions, referred to as inputs, is used in valuation techniques to measure fair value. The three-tier hierarchy of inputs is summarized in the three broad levels listed below.

• Level 1 – quoted prices in active markets for identical investments

• Level 2 – other significant observable inputs (including quoted prices for similar investments, interest rates, prepayment speeds, credit risk, etc.)

• Level 3 – significant unobservable inputs (including a fund's own assumptions in determining the fair value of investments)

In cases where the inputs used to measure fair value fall in different levels of the fair value hierarchy, the level disclosed is determined based on the lowest level input that is significant to the fair value measurement in its entirety. The inputs or methodology used for valuing securities are not necessarily an indication of the risk associated with investing in those securities.

------

Eaton Vance<br>

High Yield Municipal Income Fund

April 30, 2025

Portfolio of Investments (Unaudited) — continued

------

At April 30, 2025, the hierarchy of inputs used in valuing the Fund's investments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Corporate Bonds | &nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$16755191 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$16755191 |
| Tax-Exempt Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2351648 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 2351648 |
| Tax-Exempt Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1615190589 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;1615190589 |
| Taxable Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60507663 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 60507663 |
| **Total Investments** | &nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$1694805091** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$1694805091** |

---

For information on the Fund's policy regarding the valuation of investments and other significant accounting policies, please refer to the Fund's most recent annual or semi-annual financial statements.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Eaton Vance Municipals Trust II

- **b. Investment Company Act file number:** 811-08134

- **c. CIK number of Registrant:** 0000914529

- **d. LEI of Registrant:** 54930020USKP27DTI683

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

  - **Street Address 1:** One Post Office Square

  - **City:** Boston

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

  - **Telephone number:** 617-482-8260

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

- **a. Name of Series:** Eaton Vance High Yield Municipal Income Fund

- **b. EDGAR series identifier (if any):** S000004834

- **c. LEI of Series:** 549300J2Y4PRZYOQM376

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

- **a. Date of fiscal year-end:** 2026-01-31

- **b. Date as of which information is reported:** 2025-04-30

**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:** $1721045010.35

**Total Liabilities:** $59648172.29

**Net Assets:** $1661396838.06

**Cash Not Reported:** $813426.48

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -1324.46000000 | **1-Year:** -30573.07000000 | **5-Year:** -170605.40000000 | **10-Year:** -467074.32000000 | **30-Year:** -259861.47000000

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

- **3-Month:** -1065.34000000 | **1-Year:** -26522.56000000 | **5-Year:** -113946.63000000 | **10-Year:** -278793.45000000 | **30-Year:** -128662.82000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000013071 | 1.35%                | -2.20%               | -1.70%               |
| Class ID C000231374 | 1.50%                | -2.01%               | -1.55%               |
| Class ID C000048637 | 1.34%                | -2.05%               | -1.59%               |
| Class ID C000013069 | 1.33%                | -2.07%               | -1.61%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-240213.61              | $20121489.24                               |
| Month 2  | $-4872389.11             | $-43580038.10                              |
| Month 3  | $-8704823.80             | $-25538888.88                              |

**Designated Index Information**

- **Index Name:** BB Barclays Municipal Bd

- **Index Identifier:** MBINDEX

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI EDU REVENUE                                          | CUSIP: 74442EMF4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1496266.56   | 0.09%             | 2049-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                       | INDIANA ST FIN AUTH STUDENT HSG REVENUE                                 | CUSIP: 45471FAG6<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1628636.63   | 0.10%             | 2058-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11520000 | PA      | $11424727.30  | 0.69%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE                        | CUSIP: 13057GAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $345776.29    | 0.02%             | 2029-05-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505XS0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   3550000 | PA      | $3506096.09   | 0.21%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261A2H9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4383086.00   | 0.26%             | 2048-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Public Utility District No 1 Wells Hydroelectric Project Revenue | DOUGLAS CNTY WA PUBLIC UTILITY DIST #1 WELLS HYDROELEC                  | CUSIP: 259561TW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1269341.15   | 0.08%             | 2052-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                         | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE                 | CUSIP: 491397AL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $942892.62    | 0.06%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                        | COBB CNTY GA DEV AUTH LEASE REVENUE                                     | CUSIP: 19078VFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2606850.13   | 0.16%             | 2050-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10220000 | PA      | $10249914.96  | 0.62%             | 2060-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                     | CUSIP: 13048TVF7<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    550000 | PA      | $527636.12    | 0.03%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                       | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349HU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1514765.40   | 0.09%             | 2034-07-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Southeastern Ohio Port Authority                                                | S ESTRN OH PORT AUTH HOSP FACS REVENUE                                  | CUSIP: 841895AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2867259.44   | 0.17%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PA39<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    970000 | PA      | $763796.92    | 0.05%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B7X0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1720000 | PA      | $1739413.30   | 0.10%             | 2049-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PAY1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    770000 | PA      | $756371.23    | 0.05%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                           | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE                          | CUSIP: 645790CA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1751442.00   | 0.11%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                          | IOWA ST FIN AUTH MIDWSTRN DISASTER AREA REVENUE                         | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |  14380000 | PA      | $16055441.12  | 0.97%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                          | HARRIS CNTY-HOUSTON TX SPORTSAUTH REVENUE                               | CUSIP: 413890FY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9395000 | PA      | $8912752.77   | 0.54%             | 2026-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP SENIOR LIVING REVENUE                           | CUSIP: 34061WAY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7127604.00   | 0.43%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                               | SOUTHEAST ENERGY AUTH COOPERATIVE DIST AL ENERGY SUPPLY REVE            | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    550000 | PA      | $564122.30    | 0.03%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                          | GRAND FORKS ND HLTH CARE SYS REVENUE                                    | CUSIP: 38546WER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1511440.50   | 0.09%             | 2053-12-01      | Fixed         | 5.42%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                  | NEW JERSEY ST TRANSPRTN TRUST FUND AUTH                                 | CUSIP: 64613CDQ8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1873734.20   | 0.11%             | 2044-06-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                    | CUSIP: 57584YMH9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1010000 | PA      | $1032529.06   | 0.06%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                  | CUSIP: 939783YZ3<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2780000 | PA      | $2543917.12   | 0.15%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                          | HARRIS CNTY-HOUSTON TX SPORTS AUTH                                      | CUSIP: 413893CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12700000 | PA      | $8007452.87   | 0.48%             | 2034-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Texas State Student Housing Corp                                                | TEXAS ST STUDENT HSG CORP STUDENT HSG REVENUE                           | CUSIP: 88275YAF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    860000 | PA      | $860000.00    | 0.05%             | 2049-07-01      | Fixed         | 9.38%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                       | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                              | CUSIP: 95737TFQ4<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |    560000 | PA      | $608096.05    | 0.04%             | 2052-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Morongo Band of Mission Indians/The                                             | MORONGO BAND OF MISSION INDIANS CA REVENUE                              | CUSIP: 61773RAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2040000 | PA      | $2045201.59   | 0.12%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Village Community Development District                                    | S VLG FL CDD CAPITAL IMPT REVENUE                                       | CUSIP: 84060HAU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100121.58    | 0.01%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Jersey Port Corp                                                          | SOUTH JERSEY NJ PORT CORP                                               | CUSIP: 838530RG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2920000 | PA      | $2931293.68   | 0.18%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                     | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE                         | CUSIP: 20775DVR0<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1945000 | PA      | $1784048.53   | 0.11%             | 2053-07-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                          | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE                         | CUSIP: 924157AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $478436.96    | 0.03%             | 2036-04-01      | Floating      | 4.62%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE                          | CUSIP: 59447NBE5<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2831071.50   | 0.17%             | 2057-02-28      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI SENIOR LIVING REVENUE                                | CUSIP: 74443UBA0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $966408.60    | 0.06%             | 2042-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                | MARICOPA CNTY INDL DEV AUTH EXEMPT FACS REVENUE                         | CUSIP: 56678TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6350000 | PA      | $5308275.52   | 0.32%             | 2047-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                                  | CUSIP: 74439YEZ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2295212.10   | 0.14%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Muskingum OH                                                          | MUSKINGUM CNTY OH HOSP FACS                                             | CUSIP: 628077CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3835000 | PA      | $3668412.97   | 0.22%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                   | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                                | CUSIP: 11861MBL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $834812.90    | 0.05%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee Housing Development Agency                                            | TENNESSEE HSG DEV AGY RSDL FIN PROGRAM REVENUE                          | CUSIP: 88046KMF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $490035.00    | 0.03%             | 2054-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                        | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                       | CUSIP: 414009HH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60104.02     | 0.00%             | 2033-01-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| City of Reno NV                                                                 | RENO NV SALES TAX REVENUE                                               | CUSIP: 759861DR5<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1173334.13   | 0.07%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                            | CUSIP: 45204FUE3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2563599.25   | 0.15%             | 2053-08-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corp                                                         | BUILD NYC RESOURCE CORP NY REVENUE                                      | CUSIP: 12008ETK2<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1486029.60   | 0.09%             | 2052-06-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PZU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    795000 | PA      | $775295.69    | 0.05%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ADVENTIST HEALTH SYS/W                                                          | Adventist Health System/West                                            | CUSIP: 007944AK7<br>LEI: 5493008YM33UCY5QPW83 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4985274.40   | 0.30%             | 2034-12-01      | Fixed         | 5.76%                 | No            |                  2 | On Loan: No      |
| City of Venice FL                                                               | VENICE FL                                                               | CUSIP: 922687AE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1934128.40   | 0.12%             | 2060-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                      | STAMFORD CT HSG AUTH                                                    | CUSIP: 852640AK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2212572.34   | 0.13%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                              | DETROIT MI                                                              | CUSIP: 2510935R7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    500000 | PA      | $450826.65    | 0.03%             | 2034-04-01      | Fixed         | 3.64%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                     | VIRGINIA ST SMALL BUSINESS FING AUTH REVENUE                            | CUSIP: 928104PS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3220000 | PA      | $2922210.21   | 0.18%             | 2040-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JLX9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8019560.80   | 0.48%             | 2039-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                       | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                              | CUSIP: 95737TFR2<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2150480.60   | 0.13%             | 2053-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                                  | CUSIP: 74439YDW8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1948729.00   | 0.12%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Higher Educational Facilities Authority                            | PENNSYLVANIA ST HGR EDUCTNL FACS AUTH REVENUE                           | CUSIP: 70917TRW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6458825.10   | 0.39%             | 2051-11-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Village of Elmwood Park IL                                                      | ELMWOOD PARK IL                                                         | CUSIP: 290047HN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $275402.75    | 0.02%             | 2036-12-01      | Fixed         | 2.54%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486T25<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5077112.78   | 0.31%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                  | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                 | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  26135000 | PA      | $22840291.23  | 1.37%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nashville Metropolitan Development & Housing Agency                             | NASHVILLE MET DEV & HSG AGY TN TAX INCR REVENUE                         | CUSIP: 591874AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1805533.38   | 0.11%             | 2036-06-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                 | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE             | CUSIP: 13013JDD5<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   4315000 | PA      | $4621127.24   | 0.28%             | 2054-10-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116GZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11800000 | PA      | $11859703.28  | 0.71%             | 2060-06-30      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                              | DETROIT MI                                                              | CUSIP: 2510935N6<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    830000 | PA      | $802859.83    | 0.05%             | 2028-04-01      | Fixed         | 3.11%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                         | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD STUDENT HSG REVENUE             | CUSIP: 499526AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2275000 | PA      | $2260441.37   | 0.14%             | 2064-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority                                          | OHIO ST AIR QUALITY DEV AUTH EXEMPT FACS REVENUE                        | CUSIP: 67754AAD6<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2846237.70   | 0.17%             | 2038-01-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV                                                               | OHIO CNTY WV COMMISSION TAX INCR REVENUE                                | CUSIP: 677321BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3327746.26   | 0.20%             | 2053-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                       | NORFOLK VA REDEV & HSG AUTH REVENUE                                     | CUSIP: 655909CM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3425795.60   | 0.21%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                         | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE              | CUSIP: 882667CM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2307444.98   | 0.14%             | 2043-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                  | CUSIP: 939783VX1<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   7225000 | PA      | $6209922.90   | 0.37%             | 2048-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH REVENUE                                            | CUSIP: 63607YAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13325000 | PA      | $11896895.79  | 0.72%             | 2042-11-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                            | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI            | CUSIP: 59561UAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2375000 | PA      | $2157456.89   | 0.13%             | 2054-06-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                       | NORFOLK VA REDEV & HSG AUTH REVENUE                                     | CUSIP: 655909CN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1745693.40   | 0.11%             | 2054-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                          | NEW YORK CITY NY HSG DEV CORP MF MTGE REVENUE                           | CUSIP: 64966TGX6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1518222.30   | 0.09%             | 2031-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH REVENUE                                            | CUSIP: 63607YAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $526756.16    | 0.03%             | 2046-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 165                                 | HARRIS CNTY TX MUNI UTILITY DIST #165                                   | CUSIP: 4149624Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2785000 | PA      | $2226273.02   | 0.13%             | 2048-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Central Texas Turnpike System                                                   | TEXAS ST TURNPIKE AUTH CENTRL TX TURNPIKE SYS REVENUE                   | CUSIP: 882762AU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9440000 | PA      | $7718418.70   | 0.46%             | 2030-08-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Educational Facilities Authority                                     | NEW JERSEY ST EDUCTNL FACS AUTH REVENUE                                 | CUSIP: 646067FV5<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3512625.90   | 0.21%             | 2048-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Tolomato Community Development District                                         | TOLOMATO FL CDD                                                         | CUSIP: 889560BU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2818955.73   | 0.17%             | 2040-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV             | CUSIP: 708692CA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1947966.99   | 0.12%             | 2051-01-01      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP                                                 | CUSIP: 34062AAD3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3600000 | PA      | $3445929.72   | 0.21%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Stamford Housing Authority                                                      | STAMFORD CT HSG AUTH                                                    | CUSIP: 852640AJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1618765.44   | 0.10%             | 2045-10-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION                                        | CUSIP: 93978T4M8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   8403578 | PA      | $7574794.02   | 0.46%             | 2037-04-20      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Astoria Hospital Facilities Authority                                           | ASTORIA OR HOSP FACS AUTH                                               | CUSIP: 046279CU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3554447.40   | 0.21%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Muskingum OH                                                          | MUSKINGUM CNTY OH HOSP FACS                                             | CUSIP: 628077CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2785426.51   | 0.17%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                    | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                                 | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $280740.66    | 0.02%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE               | CUSIP: 83704MEG7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5735000 | PA      | $5394318.06   | 0.32%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                         | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                               | CUSIP: 041807KY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    390000 | PA      | $353058.54    | 0.02%             | 2054-06-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH MUNI CTFS                                          | CUSIP: 63607WAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3951477 | PA      | $3766493.68   | 0.23%             | 2041-07-20      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486E21<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6619998.70   | 0.40%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Improvement District No 18                                        | HARRIS CNTY TX IMPT DIST #18                                            | CUSIP: 414183PK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1059871.84   | 0.06%             | 2048-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                    | CUSIP: 60635H4C0<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1232627.50   | 0.07%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL                                                         | MIAMI-DADE CNTY FL PROFESSIONAL SPORTS FRANCHISE FACS TAX RE            | CUSIP: 59333HCE4<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |  14500000 | PA      | $16403967.45  | 0.99%             | 2039-10-01      | Floating      | 7.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                         | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE                 | CUSIP: 491397AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $387854.05    | 0.02%             | 2030-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health & Educational Facilities Board                             | SHELBY CNTY TENN HEALTH EDL & HSG FAC BRD STUDENT HSG REVENU            | CUSIP: 82170LAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1206244.63   | 0.07%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dayton-Montgomery County Port Authority                                         | DAYTON-MONTGOMERY CNTY OH PORT AUTH DEV REVENUE                         | CUSIP: 23981MBF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1093078.89   | 0.07%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI EDU REVENUE                                          | CUSIP: 74442EEE6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    160000 | PA      | $155168.06    | 0.01%             | 2029-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentfield School District                                                       | KENTFIELD CA SCH DIST                                                   | CUSIP: 490818NP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1267705.14   | 0.08%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oneida Indian Nation of New York                                                | ONEIDA INDIAN NATION NY TAX REVENUE                                     | CUSIP: 682504AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14172114.60  | 0.85%             | 2040-09-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The             | PHOENIX AZ INDL DEV AUTH EDU REVENUE                                    | CUSIP: 71885FFG7<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2384253.50   | 0.14%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Home Corp                                                           | MISSISSIPPI ST HOME CORP MF REVENUE                                     | CUSIP: 60535NDQ7<br>LEI: 549300FFY35B829JR607 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2508094.50   | 0.15%             | 2042-04-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Arkansas River Power Authority                                                  | ARKANSAS RIVER PWR AUTH CO PWR REVENUE                                  | CUSIP: 041036DP6<br>LEI: 549300JY7B7H80DT6195 | Long             | DBT              | MUN               | US        |   4235000 | PA      | $4237426.23   | 0.26%             | 2043-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                  | CUSIP: 60637AWL2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   7850000 | PA      | $7954948.22   | 0.48%             | 2052-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Centerville OH                                                          | CENTERVILLE OH HLTH CARE REVENUE                                        | CUSIP: 152241AY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3179988.50   | 0.19%             | 2037-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9834000 | PA      | $9142858.61   | 0.55%             | 2053-07-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                             | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE            | CUSIP: 64542UHE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2145988.46   | 0.13%             | 2045-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                          | IOWA ST FIN AUTH REVENUE                                                | CUSIP: 46247SFU3<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3955000 | PA      | $3749455.49   | 0.23%             | 2049-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                   | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                                | CUSIP: 11861MBE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1231191.48   | 0.07%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                          | TEMPE AZ INDL DEV AUTH REVENUE                                          | CUSIP: 87972MAX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $2686484.41   | 0.16%             | 2047-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Bucks County Industrial Development Authority                                   | BUCKS CNTY PA INDL DEV AUTH HOSP REVENUE                                | CUSIP: 11861MBN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5626575.60   | 0.34%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116DA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9062882.00   | 0.55%             | 2045-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI EDU REVENUE                                          | CUSIP: 74442EEG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    260000 | PA      | $239479.89    | 0.01%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REVENUE                                     | CUSIP: 64577B7R9<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   8290000 | PA      | $8416899.18   | 0.51%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16285000 | PA      | $15580460.42  | 0.94%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                         | CAPITAL TRUST AUTH FL CHRTR SCH REVENUE                                 | CUSIP: 14054YAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4400000 | PA      | $3966094.00   | 0.24%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                            | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE                        | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2204258.40   | 0.13%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Walker County Board of Education/AL                                             | WALKER CNTY AL BRD OF EDU SPL TAX SCH WARRANTS                          | CUSIP: 93154DAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1363786.50   | 0.08%             | 2054-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                     | VANCOUVER WA HSG AUTH MF REVENUE                                        | CUSIP: 92162PAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1239781.13   | 0.07%             | 2042-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PH32<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5855627.40   | 0.35%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FBW3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    750000 | PA      | $757607.48    | 0.05%             | 2037-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   8681267 | PA      | $9210058.60   | 0.55%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PZV0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2994431.38   | 0.18%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP SOL WST DISP REVENUE                            | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2483873.50   | 0.15%             | 2054-10-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                   | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND                    | CUSIP: 88285AFZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5385000 | PA      | $5077544.50   | 0.31%             | 2051-10-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH MUNI CTFS                                          | CUSIP: 63607WAU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4972048 | PA      | $4554079.44   | 0.27%             | 2039-08-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| Allegheny County Hospital Development Authority                                 | ALLEGHENY CNTY PA HOSP DEV AUTH                                         | CUSIP: 01728A4A1<br>LEI: 54930046B973R604OG22 | Long             | DBT              | MUN               | US        |   7975000 | PA      | $7881010.64   | 0.47%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tolomato Community Development District                                         | TOLOMATO FL CDD                                                         | CUSIP: 889560CK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2390489.00   | 0.14%             | 2039-05-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE                  | CUSIP: 60637AJM5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1267316.05   | 0.08%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                             | HOWARD CNTY MD RETMNT CMNTY REVENUE                                     | CUSIP: 442593AX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1653817.36   | 0.10%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City & County of Denver CO Airport System Revenue                               | DENVER CITY & CNTY CO ARPT REVENUE                                      | CUSIP: 249182TN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8385000 | PA      | $8443714.29   | 0.51%             | 2053-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Village Community Development District                                    | S VLG FL CDD CAPITAL IMPT REVENUE                                       | CUSIP: 84060HAS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500842.60    | 0.03%             | 2035-05-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH LEASE RENT REVENUE                                 | CUSIP: 63610TAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    780000 | PA      | $781403.77    | 0.05%             | 2038-12-15      | Fixed         | 9.58%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                       | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                              | CUSIP: 010869MC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $3951213.00   | 0.24%             | 2046-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                          | HARRIS CNTY-HOUSTON TX SPORTSAUTH REVENUE                               | CUSIP: 413890FS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $353305.24    | 0.02%             | 2028-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH CHARTER SCH REVENUE                         | CUSIP: 13048DDK1<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $830020.73    | 0.05%             | 2038-08-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                    | CUSIP: 57584Y2W8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $970663.62    | 0.06%             | 2040-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| West Virginia Housing Development Fund                                          | WEST VIRGINIA ST HSG DEV FUND                                           | CUSIP: 95662NSB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $1957680.71   | 0.12%             | 2049-11-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FSJ4<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |  11160000 | PA      | $7845218.86   | 0.47%             | 2051-11-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                        | MET PIER & EXPOSITION AUTH IL REVENUE                                   | CUSIP: 592250DM3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  12215000 | PA      | $12127952.25  | 0.73%             | 2050-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                         | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                               | CUSIP: 8371515A3<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   3180000 | PA      | $3274741.42   | 0.20%             | 2054-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                     | CUSIP: 13048VCE6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2009927.52   | 0.12%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Health Educational & Housing Facility Board                         | KNOX CNTY TN HLTH EDUCTNL & HSG FAC BRD MF REVENUE                      | CUSIP: 49952AAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1642557.02   | 0.10%             | 2043-12-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                            | TRIBOROUGH NY BRIDGE & TUNNEL AUTH REVENUES                             | CUSIP: 89602RGP4<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7128730.00   | 0.43%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                              | CUSIP: 56681NGT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2870000 | PA      | $2280974.69   | 0.14%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                           | TENNESSEE ST SCH BOND AUTH                                              | CUSIP: 880558QP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $391068.37    | 0.02%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOSTON MEDICAL CTR CORP                                                         | Boston Medical Center Corp                                              | CUSIP: 10103DAC0<br>LEI: 54930000C3BLYBHD3L38 | Long             | DBT              | CORP              | US        |   4165000 | PA      | $3291524.36   | 0.20%             | 2047-07-01      | Fixed         | 4.58%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REV                                         | CUSIP: 64577XEH5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    960000 | PA      | $972279.84    | 0.06%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority/The                                               | ATLANTA GA DEV AUTH                                                     | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9830000 | PA      | $9868143.35   | 0.59%             | 2039-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                     | VIRGINIA SMALL BUSINESS FING AUTH PRIV ACTIVITY REVENUE SR              | CUSIP: 928097AC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9597978.00   | 0.58%             | 2052-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Water Development Board                                                   | TEXAS WTR DEV BRD ST WTR IMPLEMENTATION REVENUE FUND                    | CUSIP: 88285ADT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10517900.00  | 0.63%             | 2051-10-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Dallas TX Waterworks & Sewer System Revenue                             | DALLAS TX WTRWKS & SWR SYS REVENUE                                      | CUSIP: 23542JK20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4885000 | PA      | $4526993.49   | 0.27%             | 2051-10-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                                  | CUSIP: 74439YFU0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $759949.50    | 0.05%             | 2050-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                              | DETROIT MI                                                              | CUSIP: 2510935Q9<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    125000 | PA      | $118142.50    | 0.01%             | 2030-04-01      | Fixed         | 3.34%                 | No            |                  2 | On Loan: No      |
| Morongo Band of Mission Indians/The                                             | MORONGO BAND OF MISSION                                                 | CUSIP: 617734AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7980000 | PA      | $8478392.50   | 0.51%             | 2039-10-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                          | HARRIS CNTY-HOUSTON TX SPORTSAUTH REVENUE                               | CUSIP: 413890GA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9605000 | PA      | $8483742.08   | 0.51%             | 2028-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116CZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18780000 | PA      | $18823344.24  | 1.13%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Housing Finance Authority                                               | ALABAMA ST HSG FIN AUTH SF MTGE REVENUE                                 | CUSIP: 01030RLK6<br>LEI: 549300VFN7EHPOFS7D76 | Long             | DBT              | MUN               | US        |   3580000 | PA      | $3527497.15   | 0.21%             | 2049-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Halifax Hospital Medical Center                                                 | HALIFAX FL HOSP MED CTR                                                 | CUSIP: 405815LM1<br>LEI: 549300H6HDJUXLEMUW23 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5198614.00   | 0.31%             | 2054-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank                                 | INDIANAPOLIS IN LOCAL PUBLIC IMPT BOND BANK                             | CUSIP: 45528U7H8<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5111012.00   | 0.31%             | 2053-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuBois Hospital Authority                                                       | DUBOIS PA HOSP AUTH                                                     | CUSIP: 263804CJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3600000 | PA      | $2775482.64   | 0.17%             | 2050-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                        | WEST VIRGINIA ST HOSP FIN AUTH                                          | CUSIP: 956622W83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4324855.60   | 0.26%             | 2048-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PZY4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     30000 | PA      | $31092.33     | 0.00%             | 2052-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505TH9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2305000 | PA      | $2179248.88   | 0.13%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Leander Independent School District                                             | LEANDER TX INDEP SCH DIST                                               | CUSIP: 521841H41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5163250.00   | 0.31%             | 2047-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Transportation Infrastructure Authority                         | KENTUCKY PUB TRANSPRTN INFRASTRUCTURE AUTH TOLL REVENUE                 | CUSIP: 491397AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $831755.21    | 0.05%             | 2031-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Halifax Hospital Medical Center                                                 | HALIFAX FL HOSP MED CTR                                                 | CUSIP: 405815LL3<br>LEI: 549300H6HDJUXLEMUW23 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2949039.93   | 0.18%             | 2054-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JKM4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5289737.00   | 0.32%             | 2054-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                           | MONTGOMERY CNTY PA INDL DEV AUTH                                        | CUSIP: 613609G67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9045000 | PA      | $8048540.39   | 0.48%             | 2048-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH REVENUE                                            | CUSIP: 63607YAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1745000 | PA      | $1628718.44   | 0.10%             | 2054-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University Health System Authority                        | VIRGINIA ST CMWLTH UNIV HLTH SYS AUTH REVENUE                           | CUSIP: 92778LDN7<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |  12915000 | PA      | $11857682.53  | 0.71%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                     | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE                       | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3112527.00   | 0.19%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                       | INDIANA ST FIN AUTH REVENUE                                             | CUSIP: 45506EAC7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    460000 | PA      | $420168.14    | 0.03%             | 2055-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                            | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                                | CUSIP: 19645UGF5<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    100000 | PA      | $87663.44     | 0.01%             | 2041-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE                   | CUSIP: 83704HAM9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2546416.75   | 0.15%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                | JEFFERSON CNTY NY CIVIC FAC DEV CORP                                    | CUSIP: 47325RAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $4326321.45   | 0.26%             | 2042-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA REVENUE                                                | CUSIP: 25483VWC4<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    970000 | PA      | $854596.09    | 0.05%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                  | CUSIP: 939783ZB5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1288771.20   | 0.08%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                          | IOWA ST FIN AUTH REVENUE                                                | CUSIP: 46246K4R0<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1660517.54   | 0.10%             | 2038-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                             | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE                          | CUSIP: 45129GMY8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $944192.99    | 0.06%             | 2059-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                                  | CUSIP: 74439YFZ9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $757067.93    | 0.05%             | 2055-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JJC8<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1415000 | PA      | $1467597.11   | 0.09%             | 2039-08-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                     | VIRGINIA ST SMALL BUSINESS FING AUTH RSDL FAC CARE REVENUE              | CUSIP: 928103AX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4250000 | PA      | $3923191.58   | 0.24%             | 2044-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                      | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE              | CUSIP: 647377AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16000000 | PA      | $14136401.60  | 0.85%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                 | FAIRFAX CNTY VA INDL DEV AUTH REVENUE                                   | CUSIP: 303823MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1192370.01   | 0.07%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 4521526M8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1164019.08   | 0.07%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                         | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE              | CUSIP: 882667CL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1817417.85   | 0.11%             | 2042-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Fulton County Residential Care Facilities for the Elderly Authority             | FULTON CNTY GA RSDL CARE FACS ELDERLY AUTH REVENUE                      | CUSIP: 360058FF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $948980.40    | 0.06%             | 2047-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                       | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE                        | CUSIP: 57421CEV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3544368.10   | 0.21%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI SENIOR LIVING REVENUE                                | CUSIP: 74443UBB8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1335000 | PA      | $1246911.36   | 0.08%             | 2047-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                             | CUSIP: 64578CAH4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   7105000 | PA      | $7105342.46   | 0.43%             | 2029-09-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Fulton County Residential Care Facilities for the Elderly Authority             | FULTON CNTY GA RSDL CARE FACS ELDERLY AUTH REVENUE                      | CUSIP: 360058FG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1660000 | PA      | $1532302.34   | 0.09%             | 2054-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE               | CUSIP: 65820YTL0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1257626.85   | 0.08%             | 2054-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Hamilton OH                                                           | HAMILTON CNTY OH HLTH CARE REVENUE                                      | CUSIP: 40727RCL0<br>LEI: 549300TO1E3N4E4YIO28 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3085011.30   | 0.19%             | 2053-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                          | TEMPE AZ INDL DEV AUTH REVENUE                                          | CUSIP: 87972MBU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4265000 | PA      | $3328629.91   | 0.20%             | 2056-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                          | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                               | CUSIP: 04108WCC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $403064.91    | 0.02%             | 2049-09-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                         | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE              | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11005000 | PA      | $10696730.14  | 0.64%             | 2058-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                     | CALIFORNIA ST ENTERPRISE DEV AUTH CHRT SCH REVENUE                      | CUSIP: 13069AAY4<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1463324.40   | 0.09%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                    | CUSIP: 57585BBU1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2099412.70   | 0.13%             | 2060-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                  | CUSIP: 939783ZA7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    695000 | PA      | $614926.69    | 0.04%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                   | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                           | CUSIP: 82652UAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3600255.00   | 0.22%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV Special District Excise Tax Revenue                           | OHIO CNTY WV CNTY COMMISSION SPL DIST EXCISE TAX REVENUE                | CUSIP: 67732PDU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2910000 | PA      | $2899540.88   | 0.17%             | 2031-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New River Community Development District                                        | NEW RIVER FL CDD CAPITAL IMPT REVENUE                                   | CUSIP: 648466AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $978316.97    | 0.06%             | 2038-05-01      | Floating      | 5.75%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JJF1<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4107548.00   | 0.25%             | 2059-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Norfolk Economic Development Authority                                          | NORFOLK VA ECON DEV AUTH HOSPFACS REVENUE                               | CUSIP: 65588TAT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $501292.46    | 0.03%             | 2048-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                        | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV               | CUSIP: 88283NAR3<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $850642.50    | 0.05%             | 2046-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                           | MET TRANSPRTN AUTH NY REVENUE                                           | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |  11500000 | PA      | $11745870.00  | 0.71%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                           | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE                          | CUSIP: 645790CB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5890000 | PA      | $4940971.39   | 0.30%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hoover Industrial Development Board                                             | HOOVER AL INDL DEV BRD ENVNMNTL IMPT REVENUE                            | CUSIP: 439241AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1252986.38   | 0.08%             | 2049-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority                                    | NEW YORK NY CITY TRANSITIONAL FIN AUTH REV                              | CUSIP: 64972JBB3<br>LEI: 5493003476LG35QAKM08 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4720544.50   | 0.28%             | 2053-05-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Grays Harbor County Public Hospital District No 1                               | GRAYS HARBOR CNTY WA PUBLIC HOSP DIST #1 HOSP REVENUE                   | CUSIP: 389526AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2858838.97   | 0.17%             | 2053-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4700000 | PA      | $4895089.95   | 0.29%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH REVENUE                                            | CUSIP: 63607YAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $558762.81    | 0.03%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                       | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU            | CUSIP: 87638RKH9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    185000 | PA      | $159908.97    | 0.01%             | 2055-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE                        | CUSIP: 13057GAD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2412631.38   | 0.15%             | 2056-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority                                                          | IOWA ST FIN AUTH REVENUE                                                | CUSIP: 46246K4S8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2693983.60   | 0.16%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Niagara Area Development Corp                                                   | NIAGARA NY AREA DEV CORP SOLID WASTE DISP FAC REVENUE                   | CUSIP: 653542AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $6346637.50   | 0.38%             | 2042-11-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Jefferson County Port Authority/OH                                              | JEFFERSON CNTY OH PORT AUTH ECECON DEV REVENUE                          | CUSIP: 473318AA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9250000 | PA      | $6802555.45   | 0.41%             | 2051-12-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Texas State Student Housing Corp                                                | TEXAS ST STUDENT HSG CORP STUDENT HSG REVENUE                           | CUSIP: 88275YAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.12%             | 2031-07-01      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI EDU REVENUE                                          | CUSIP: 74442EMR8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1974585.40   | 0.12%             | 2055-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6005000 | PA      | $5628650.44   | 0.34%             | 2054-06-30      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI EDU REVENUE                                          | CUSIP: 74442EEF3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    185000 | PA      | $178086.79    | 0.01%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA REVENUE                                                | CUSIP: 25483VSG0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $1856038.59   | 0.11%             | 2052-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Isle Wight County Industrial Development Authority                              | ISLE OF WIGHT CNTY VA ECON DEV AUTH                                     | CUSIP: 464637AS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1317121.63   | 0.08%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                            | CUSIP: 34061UGS1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    750000 | PA      | $588231.90    | 0.04%             | 2055-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI EDU REVENUE                                          | CUSIP: 74442EMG2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $861366.30    | 0.05%             | 2053-07-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                            | SAN DIEGO CA UNIF SCH DIST                                              | CUSIP: 797356BB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $840480.57    | 0.05%             | 2050-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REV                                         | CUSIP: 64577XED4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   9100000 | PA      | $9404215.73   | 0.57%             | 2047-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                            | CUSIP: 45204EM21<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   4975000 | PA      | $4481623.28   | 0.27%             | 2047-05-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   6950000 | PA      | $6465173.56   | 0.39%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                   | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                             | CUSIP: 02936TAK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1065091.82   | 0.06%             | 2027-09-01      | Fixed         | 3.72%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                       | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                              | CUSIP: 010869MA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $2414918.40   | 0.15%             | 2044-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                            | HENDERSON KY EXEMPT FACS REVENUE                                        | CUSIP: 425099AB4<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   5510000 | PA      | $5096851.94   | 0.31%             | 2052-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP                                                 | CUSIP: 34062AAG6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3985000 | PA      | $4052854.99   | 0.24%             | 2037-06-01      | Fixed         | 8.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH EDUCTNL FACS REVENUE                        | CUSIP: 130497AY6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   3455000 | PA      | $3655914.81   | 0.22%             | 2064-06-15      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI CHRT SCH REVENUE                                     | CUSIP: 744396JZ6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1092695.07   | 0.07%             | 2054-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                            | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI            | CUSIP: 59561UAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3381259.28   | 0.20%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                             | IDAHO ST HSG & FIN ASSN NONPROFIT FACS REVENUE                          | CUSIP: 45129GMW2<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1334744.55   | 0.08%             | 2049-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                   | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                               | CUSIP: 696507VL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1543346.13   | 0.09%             | 2056-06-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                         | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                              | CUSIP: 14054WAR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $813662.40    | 0.05%             | 2060-06-15      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                   | MAINE ST HSG AUTH MTGE PURCHASE                                         | CUSIP: 56052FC60<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |    775000 | PA      | $764530.37    | 0.05%             | 2053-11-15      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Southern Hills Plantation I Community Development District                      | STHRN HILLS PLANTATION FL I CDD CAPITAL IMPT                            | CUSIP: 843054AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    755000 | PA      | $480023.64    | 0.03%             | 2035-05-01      | Floating      | 5.80%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV             | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5231456.00   | 0.31%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FKA1<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3290000 | PA      | $2976509.72   | 0.18%             | 2044-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4D7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10774300.00  | 0.65%             | 2045-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Ohio WV Special District Excise Tax Revenue                           | OHIO CNTY WV CNTY COMMISSION SPL DIST EXCISE TAX REVENUE                | CUSIP: 67732PDV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2737066.20   | 0.16%             | 2036-03-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505ZG4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4611392.19   | 0.28%             | 2049-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Valparaiso IN                                                           | VALPARAISO IN EXEMPT FACS REVENUE                                       | CUSIP: 92028RAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2631310.28   | 0.16%             | 2054-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                          | ARKANSAS ST DEV FIN AUTH HOSP REVENUE                                   | CUSIP: 04109FCM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $985003.01    | 0.06%             | 2036-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crawford County Hospital Authority                                              | CRAWFORD CNTY PA HOSP AUTH                                              | CUSIP: 225004AQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3175000 | PA      | $3191691.29   | 0.19%             | 2046-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Middleburg Heights OH                                                   | MIDDLEBURG HEIGHTS OH HOSP REVENUE                                      | CUSIP: 596126DD1<br>LEI: 549300YPL4J3W5PGVS22 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $4279317.60   | 0.26%             | 2047-08-01      | Fixed         | 4.07%                 | No            |                  2 | On Loan: No      |
| Nevada Housing Division                                                         | NEVADA ST HSG DIV SF MTGE REVENUE                                       | CUSIP: 641279ZH0<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |   3130000 | PA      | $3101857.54   | 0.19%             | 2044-10-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| City of Garland TX Electric Utility System Revenue                              | GARLAND TX ELEC UTILITY SYS REVENUE                                     | CUSIP: 366133UH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2260000 | PA      | $2084950.57   | 0.13%             | 2055-03-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505WB8<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2325730.00   | 0.14%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                          | ARKANSAS ST DEV FIN AUTH INDL DEV REVENUE                               | CUSIP: 04108WCD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2910000 | PA      | $2705640.01   | 0.16%             | 2049-09-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                   | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                           | CUSIP: 82652UAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2783985.00   | 0.17%             | 2054-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fulton County Residential Care Facilities for the Elderly Authority             | FULTON CNTY GA RSDL CARE FACS ELDERLY AUTH REVENUE                      | CUSIP: 360058FR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5050000 | PA      | $3804405.38   | 0.23%             | 2056-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452152U58<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   8125000 | PA      | $8170064.50   | 0.49%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                            | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE                        | CUSIP: 92774NBC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9867582.90   | 0.59%             | 2059-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority                                  | BUCKEYE OH TOBACCO SETTLEMENT FING AUTH                                 | CUSIP: 118217CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4545000 | PA      | $3153604.61   | 0.19%             | 2048-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Skagit County Public Hospital District No 1                                     | SKAGIT CNTY WA PUBLIC HOSP DIST #1                                      | CUSIP: 830227EP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2822315.10   | 0.17%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                           | FRANKLIN CNTY OH HLTH CARE FACS REVENUE                                 | CUSIP: 353180KU5<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3953386.80   | 0.24%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                            | SAN DIEGO CA UNIF SCH DIST                                              | CUSIP: 797356RD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5640409.50   | 0.34%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                          | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                 | CUSIP: 71883MNW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3532454.00   | 0.21%             | 2048-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                     | CUSIP: 13048VBY3<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7001151.50   | 0.42%             | 2043-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                 | New York City Municipal Water Finance Authority                         | CUSIP: 64972GB60<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3136290.00   | 0.19%             | 2052-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                   | DELAWARE ST ECON DEV AUTH RETMNT CMNTYS REVENUE                         | CUSIP: 246371AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5071149.00   | 0.31%             | 2053-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                              | DETROIT MI                                                              | CUSIP: 2510933K4<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |    865000 | PA      | $891761.46    | 0.05%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE                      | CUSIP: 93978LGP5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3525000 | PA      | $3764195.93   | 0.23%             | 2053-07-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH REVENUE                                            | CUSIP: 63607YBK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425724.54    | 0.03%             | 2038-12-15      | Fixed         | 11.00%                | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                  | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE                       | CUSIP: 60733UAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14650000 | PA      | $13371192.71  | 0.80%             | 2054-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                            | CUSIP: 45203H6J6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000509.80   | 0.06%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTH FACS REVENUE                  | CUSIP: 837032CE9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   9335000 | PA      | $8801412.33   | 0.53%             | 2054-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NEW HAMPSHIRE ST BUSINESS FINAUTH SOL WST DISP REVENUE                  | CUSIP: 64468VAK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $454412.16    | 0.03%             | 2029-04-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486P86<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2033017.20   | 0.12%             | 2043-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| San Antonio Education Facilities Corp                                           | SAN ANTONIO TX EDU FACS CORP REVENUE                                    | CUSIP: 796247DU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1375143.88   | 0.08%             | 2037-04-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486T33<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   4600000 | PA      | $4602419.60   | 0.28%             | 2045-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hospital Facilities Authority of Multnomah County Oregon                        | MULTNOMAH CNTY OR HOSP FACS AUTH REVENUE                                | CUSIP: 62551PDA2<br>LEI: 549300GAP0JIG7V33754 | Long             | DBT              | MUN               | US        |   2245000 | PA      | $1641889.28   | 0.10%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northampton County Industrial Development Authority                             | NORTHAMPTON CNTY PA INDL DEV AUTH RESOURCE RECOVERY REVENUE             | CUSIP: 663547AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    567186 | PA      | $249561.84    | 0.02%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                        | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                               | CUSIP: 14054CBB4<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $939857.78    | 0.06%             | 2048-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8423199.20   | 0.51%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Generation Park Management District                                             | GENERATION PARK TX MGMT DIST                                            | CUSIP: 37149AMC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2530000 | PA      | $2058998.50   | 0.12%             | 2049-09-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593Y48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4128560.00   | 0.25%             | 2055-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Development Authority of Rockdale County                                        | ROCKDALE CNTY GA DEV AUTH                                               | CUSIP: 773008AR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4950000 | PA      | $4582332.81   | 0.28%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                          | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                             | CUSIP: 04110FAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6730000 | PA      | $6822847.75   | 0.41%             | 2053-05-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                         | CAPITAL TRUST AUTH FL CHRTR SCH REVENUE                                 | CUSIP: 14054YAE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2985000 | PA      | $2971177.96   | 0.18%             | 2031-06-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Texas Tech University System                                                    | TEXAS ST TECH UNIV REVENUES                                             | CUSIP: 882806KV3<br>LEI: 549300SPM8LGJKCQO195 | Long             | DBT              | MUN               | US        |   8310000 | PA      | $7818377.91   | 0.47%             | 2055-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                              | MARYLAND ST ECON DEV CORP SPL OBLIG                                     | CUSIP: 57422FAF3<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |    585000 | PA      | $463606.42    | 0.03%             | 2050-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health & Educational Facilities Board                             | SHELBY CNTY TENN HEALTH EDL & HSG FAC BRD STUDENT HSG REVENU            | CUSIP: 82170LAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9618789.00   | 0.58%             | 2056-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                       | NORFOLK VA REDEV & HSG AUTH REVENUE                                     | CUSIP: 655909CL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1104065.75   | 0.07%             | 2039-01-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                             | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE            | CUSIP: 64542UGG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $14418012.00  | 0.87%             | 2052-10-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                              | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                                | CUSIP: 01728LHE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11925000 | PA      | $12363365.39  | 0.74%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                   | KING CNTY WA HSG AUTH AFFORDABLE HSG REVENUE                            | CUSIP: 49477AAK4<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008993.40   | 0.12%             | 2041-01-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FTG9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1744876.58   | 0.11%             | 2044-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                           | LOUISIANA PUB FACS AUTH REVENUE                                         | CUSIP: 546399SY3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   9345000 | PA      | $9558395.88   | 0.58%             | 2059-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                            | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                            | CUSIP: 167593L67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5915000 | PA      | $5872949.67   | 0.35%             | 2053-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Port Authority/OH                                              | JEFFERSON CNTY OH PORT AUTH ECECON DEV REVENUE                          | CUSIP: 473318AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6035645.40   | 0.36%             | 2053-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                     | VIRGINIA ST SMALL BUSINESS FING AUTH RSDL FAC CARE REVENUE              | CUSIP: 928103AY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2287903.28   | 0.14%             | 2054-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue         | New York City Transitional Finance Authority Future Tax Secured Revenue | CUSIP: 64971X4E5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10357000.00  | 0.62%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3343482 | PA      | $3477162.77   | 0.21%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PZR9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    130000 | PA      | $139812.34    | 0.01%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| E-470 Public Highway Authority                                                  | E-470 CO PUBLIC HIGHWAY AUTH                                            | CUSIP: 26822LGT5<br>LEI: 549300164ZV2301BC703 | Long             | DBT              | MUN               | US        |   6665000 | PA      | $3618808.41   | 0.22%             | 2037-09-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486E39<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3506654.55   | 0.21%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Colorado Educational & Cultural Facilities Authority                            | COLORADO EDUCTNL & CULTURAL AUTH REVENUE                                | CUSIP: 19645UGG3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $401246.65    | 0.02%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Housing Corp                                                           | KENTUCKY ST HSG CORP SF MTGE                                            | CUSIP: 491309KB5<br>LEI: 549300NTBUU903EKQ287 | Long             | DBT              | MUN               | US        |   2025000 | PA      | $2012619.56   | 0.12%             | 2044-07-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Yuma Industrial Development Authority                                           | YUMA AZ INDL DEV AUTH HOSP REVENUE                                      | CUSIP: 988514DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3528747.38   | 0.21%             | 2049-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Franklin County Industrial Development Authority/PA                             | FRANKLIN CNTY PA INDL DEV AUTH REVENUE                                  | CUSIP: 353273BW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $949622.50    | 0.06%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                          | GRAND FORKS ND HLTH CARE SYS REVENUE                                    | CUSIP: 38546WDP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6505000 | PA      | $4793348.46   | 0.29%             | 2046-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                   | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                               | CUSIP: 696507VM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6020000 | PA      | $8021038.37   | 0.48%             | 2027-07-01      | Fixed         | 11.50%                | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505YB6<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |  13635000 | PA      | $12901374.28  | 0.78%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                            | DIST OF COLUMBIA REVENUE                                                | CUSIP: 25483VVP6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2137643.42   | 0.13%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   7583680 | PA      | $6464048.24   | 0.39%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                  | CUSIP: 939783TC0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1263744.30   | 0.08%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                         | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                               | CUSIP: 041807GV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3760000 | PA      | $3299971.14   | 0.20%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Iowa Higher Education Loan Authority                                            | IOWA ST HGR EDU LOAN AUTH REVENUE                                       | CUSIP: 46247DBK2<br>LEI: 549300DWVTM3KRNR0M36 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3072829.20   | 0.18%             | 2055-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Department of Budget & Finance                                  | HAWAII ST DEPT OF BUDGET & FIN SPL PURPOSE REVENUE                      | CUSIP: 419800LY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5610000 | PA      | $4630987.12   | 0.28%             | 2039-07-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A                                      | MIDDLETON CDD FL SPL ASMNT REVENUE                                      | CUSIP: 596681AK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1307394.62   | 0.08%             | 2055-05-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Albany Capital Resource Corp                                                    | ALBANY NY CAPITAL RESOURCE CORP                                         | CUSIP: 012432EB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3048650.24   | 0.18%             | 2064-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                     | VIRGINIA ST SMALL BUSINESS FING AUTH SOL WST DISP FAC REVENU            | CUSIP: 928106AQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1398355.06   | 0.08%             | 2048-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JEE9<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $749978.50    | 0.05%             | 2057-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Carmel IN Waterworks Revenue                                            | CARMEL IN WTRWKS REVENUE                                                | CUSIP: 143321LR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1540437.66   | 0.09%             | 2053-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                          | VERMONT ST ECON DEV AUTH SOLID WST DISP REVENUE                         | CUSIP: 924157AD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1234730.25   | 0.07%             | 2052-06-01      | Floating      | 4.38%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                        | WEST VIRGINIA ST HOSP FIN AUTH                                          | CUSIP: 956622X25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4295646.80   | 0.26%             | 2053-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                        | MASSACHUSETTS ST DEV FIN AGY REVENUE                                    | CUSIP: 57584YMG1<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1598905.91   | 0.10%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Greater Cincinnati Development Authority                                | PORT OF GTR CINCINNATI DEV AUTH OH REVENUE                              | CUSIP: 734195EE6<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |   2940000 | PA      | $2761769.56   | 0.17%             | 2058-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Henderson KY                                                            | HENDERSON KY EXEMPT FACS REVENUE                                        | CUSIP: 425099AA6<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2316284.75   | 0.14%             | 2042-01-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Central Falls Detention Facility Corp                                           | CENTRL FALLS RI DETENTION FAC CORP DETENTION FAC REVENUE                | CUSIP: 153457AX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $2437500.00   | 0.15%             | 2035-07-15      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE               | CUSIP: 65820YTP1<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1572397.36   | 0.09%             | 2054-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Oneida Indian Nation of New York                                                | ONEIDA INDIAN NATION NY TAX REVENUE                                     | CUSIP: 682504AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2441389.97   | 0.15%             | 2043-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                       | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349HZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352406.25    | 0.02%             | 2039-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority                                           | CSCDA CMNTY IMPT AUTH CA ESSENTIAL HSG REVENUE                          | CUSIP: 126292BB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9900000 | PA      | $6223719.15   | 0.37%             | 2057-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                    | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                                 | CUSIP: 179027YM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $233373.78    | 0.01%             | 2050-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                       | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU            | CUSIP: 87638RKG1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $2795167.05   | 0.17%             | 2051-11-15      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                             | CUSIP: 64578CBW0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   3860000 | PA      | $3860524.57   | 0.23%             | 2030-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Texas Transportation Commission State Highway 249 System                        | TEXAS ST TRANSPRTN COMMISSION ST HIGHWAY 249 SYS TOLL REV               | CUSIP: 88283NAF9<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |    550000 | PA      | $335076.23    | 0.02%             | 2036-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| County of Franklin OH                                                           | FRANKLIN CNTY OH HLTH CARE FACS REVENUE                                 | CUSIP: 353180LY6<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6167107.20   | 0.37%             | 2041-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                        | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                               | CUSIP: 14054CBA6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    545000 | PA      | $527566.32    | 0.03%             | 2038-06-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Mesquite Health Facilities Development Corp                                     | MESQUITE TX HLTH FAC DEV CORP                                           | CUSIP: 590743CB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      8460 | PA      | $84.60        | 0.00%             | 2030-02-15      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Graford Independent School District                                             | GRAFORD TX INDEP SCH DIST                                               | CUSIP: 384298FH3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3575000 | PA      | $3178503.54   | 0.19%             | 2054-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH CHARTER SCH REVENUE                         | CUSIP: 13048DDL9<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1014857.25   | 0.06%             | 2043-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712D4T0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3765000 | PA      | $2760686.25   | 0.17%             | 2049-12-15      | Fixed         | 3.12%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                          | ARKANSAS DEV FIN AUTH ENVIRONMENTAL REVENUE                             | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11200000 | PA      | $11208926.40  | 0.67%             | 2052-09-01      | Fixed         | 5.45%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REV                                         | CUSIP: 64577XEG7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    570000 | PA      | $611441.11    | 0.04%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Terre Haute Sanitary District                                                   | TERRE HAUTE IN SANTN DIST                                               | CUSIP: 881100EG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3355000 | PA      | $3086161.17   | 0.19%             | 2049-01-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                         | HAWAII ST ARPTS SYS REVENUE                                             | CUSIP: 419794L59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2284681.28   | 0.14%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Winter Garden Village at Fowler Groves Community Development District           | WINTER GARDEN VLG AT FOWLER GROVES FL CDD SPL TAX                       | CUSIP: 975795AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3905000 | PA      | $3739970.40   | 0.23%             | 2037-05-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Finance Authority of Maine                                                      | MAINE ST FIN AUTH SOL WST DISP REVENUE                                  | CUSIP: 56042CAT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1880000 | PA      | $1872896.61   | 0.11%             | 2035-08-01      | Floating      | 5.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18623000 | PA      | $6011627.31   | 0.36%             | 2046-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                               | UTAH ST HSG CORP MF REVENUE                                             | CUSIP: 917434DH2<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   4965000 | PA      | $4945361.94   | 0.30%             | 2045-02-01      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE                      | CUSIP: 93978LHH2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2042102.60   | 0.12%             | 2059-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp                                         | ARLINGTON TX HGR EDU FIN CORP EDU REVENUE                               | CUSIP: 041807HA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2014721.72   | 0.12%             | 2054-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Aerotropolis Regional Transportation Authority                                  | AEROTROPOLIS REGL TRANPRTN AUTH CO SPL REVENUE                          | CUSIP: 008051AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13760000 | PA      | $13823857.41  | 0.83%             | 2054-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Atlantic Beach FL                                                       | ATLANTIC BEACH FL HLTH CARE FACS REVENUE                                | CUSIP: 048251AY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7945000 | PA      | $7868319.63   | 0.47%             | 2037-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JJE4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    920000 | PA      | $947942.15    | 0.06%             | 2054-08-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp                                                | FLORIDA ST DEV FIN CORP EDUCTNL FACS REVENUE                            | CUSIP: 34061UHZ4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   5050000 | PA      | $4060248.99   | 0.24%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Columbia County Hospital Authority/GA                                           | COLUMBIA CNTY GA HOSP AUTH                                              | CUSIP: 197479AB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2125000 | PA      | $2166137.03   | 0.13%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Virginia Hospital Finance Authority                                        | WEST VIRGINIA ST HOSP FIN AUTH                                          | CUSIP: 956622W34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2779341.30   | 0.17%             | 2053-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                          | HARRIS CNTY-HOUSTON TX SPORTSAUTH REVENUE                               | CUSIP: 413890FQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1057766.83   | 0.06%             | 2026-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH MUNI CTFS                                          | CUSIP: 63607WAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6759706 | PA      | $6476008.30   | 0.39%             | 2036-10-20      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE                      | CUSIP: 93978LHG4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1455405.30   | 0.09%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland Health & Educational Facilities Board                                 | CLEVELAND TN HLTH & EDUCTNL FACS BRD REVENUE                            | CUSIP: 186550CC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11500000 | PA      | $10464661.90  | 0.63%             | 2054-08-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI REVENUE                                              | CUSIP: 74442PH24<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4884672.00   | 0.29%             | 2044-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 165                                 | HARRIS CNTY TX MUNI UTILITY DIST #165                                   | CUSIP: 4149624Z0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2228426.04   | 0.13%             | 2049-03-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| St Louis County Industrial Development Authority                                | SAINT LOUIS CNTY MO INDL DEV AUTH SENIOR LIVING FACS                    | CUSIP: 791524CM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1257865.75   | 0.08%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Economic Development Corp                                              | MARYLAND ST ECON DEV CORP STUDENT HSG REVENUE                           | CUSIP: 57420VSN4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2111751.20   | 0.13%             | 2053-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| James City County Economic Development Authority                                | JAMES CITY CNTY VA ECON DEV AUTH RSDL CARE FAC REVENUE                  | CUSIP: 47029WEG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2781788.88   | 0.17%             | 2058-12-01      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                              | DETROIT MI                                                              | CUSIP: 2510936E5<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089183.40   | 0.07%             | 2043-05-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116HN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1702882.47   | 0.10%             | 2054-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Educational Facilities Authority                                     | CALIFORNIA ST EDUCTNL FACS AUTH REVENUE                                 | CUSIP: 130179YE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3149726.70   | 0.19%             | 2055-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Higher Education and Health Authority                         | MONTGOMERY CNTY PA HGR EDU & HLTH AUTH                                  | CUSIP: 613603WC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $965695.47    | 0.06%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                       | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU            | CUSIP: 87638RKF3<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    715000 | PA      | $642111.83    | 0.04%             | 2041-11-15      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FING AUTH UPMC REVENUE                         | CUSIP: 70870JFN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4885000 | PA      | $4115275.44   | 0.25%             | 2053-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                          | COLORADO HSG & FIN AUTH MF TAX-EXEMPT MTGE-BACKED SECURITIES            | CUSIP: 19648WAD9<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3165398.93   | 0.19%             | 2044-03-01      | Fixed         | 4.48%                 | No            |                  2 | On Loan: No      |
| Ohio Housing Finance Agency                                                     | OHIO ST HSG FIN AGY MF HSG REVENUE                                      | CUSIP: 676900XN8<br>LEI: 549300K10X7VPG6JVX38 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1784047.48   | 0.11%             | 2043-08-01      | Fixed         | 5.70%                 | No            |                  2 | On Loan: No      |
| Hobe-St Lucie Conservancy District                                              | HOBE ST LUCIE CONSERVANCY DIST FL                                       | CUSIP: 434043AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1943947.20   | 0.12%             | 2055-05-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New River Community Development District                                        | NEW RIVER FL CDD CAPITAL IMPT REVENUE                                   | CUSIP: 648466AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1005000 | PA      | $10.05        | 0.00%             | 2013-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JKN2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1205000 | PA      | $1162150.32   | 0.07%             | 2054-02-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                          | PATRIOTS ENERGY GROUP FING AGY SC GAS SPLY REVENUE                      | CUSIP: 70342PAN4<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   9250000 | PA      | $9681887.13   | 0.58%             | 2054-10-01      | Floating      | 5.25%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1138365.94   | 0.07%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri              | MISSOURI ST HLTH & EDUCTNL FACS AUTH                                    | CUSIP: 60635H4B2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1005550.60   | 0.06%             | 2048-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CMFA Special Finance Agency                                                     | CMFA SPL FIN AGY CA ESSENTIAL HSG REVENUE                               | CUSIP: 12574WAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3355645.60   | 0.20%             | 2056-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FTJ3<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2525000 | PA      | $1762377.03   | 0.11%             | 2058-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennessee State School Bond Authority                                           | Tennessee State School Bond Authority                                   | CUSIP: 880558QP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10291300.00  | 0.62%             | 2052-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                             | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE                   | CUSIP: 51265KAV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3685000 | PA      | $3704746.81   | 0.22%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                     | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                             | CUSIP: 20774YJ32<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $915343.00    | 0.06%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4300340.40   | 0.26%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                              | NEW YORK ST DORM AUTH REVENUES NON ST SUPPORTED DEBT                    | CUSIP: 65000B4Z8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1044194.40   | 0.06%             | 2056-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                          | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                       | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  40064000 | PA      | $9511530.14   | 0.57%             | 2051-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                       | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9160505.10   | 0.55%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Doylestown Hospital Authority                                                   | DOYLESTOWN PA HOSP AUTH                                                 | CUSIP: 261333HJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1608031.47   | 0.10%             | 2039-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority                       | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE                      | CUSIP: 34073TPN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2604525.30   | 0.16%             | 2054-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                       | INDIANA ST FIN AUTH REVENUE                                             | CUSIP: 45506EAB9<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    315000 | PA      | $306149.04    | 0.02%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH REVENUE                                            | CUSIP: 63607YAC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1817987.30   | 0.11%             | 2042-11-01      | Fixed         | 4.88%                 | No            |                  2 | On Loan: No      |
| Montana Facility Finance Authority                                              | MONTANA FAC FIN AUTH HLTH FACS REVENUE                                  | CUSIP: 61204MDA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3958445.60   | 0.24%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp                        | HARRIS CNTY TX CULTURAL EDU FACS FIN CORP REVENUE                       | CUSIP: 414009HG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $375479.74    | 0.02%             | 2028-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                              | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3637060.00   | 0.22%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Rhode Island Housing & Mortgage Finance Corp                                    | RHODE ISLAND ST HSG & MTGE FIN CORP                                     | CUSIP: 76221R7Q0<br>LEI: 254900N9FNYNPO539444 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3713870.56   | 0.22%             | 2048-10-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                            | COLORADO ST HLTH FACS AUTH REVENUE                                      | CUSIP: 19648FWT7<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4164781.60   | 0.25%             | 2047-11-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Westchester County Local Development Corp                                       | WESTCHESTER CNTY NY LOCAL DEV CORP REVENUE                              | CUSIP: 95737TFP6<br>LEI: 549300KOSU8OC75V9238 | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1960580.49   | 0.12%             | 2051-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission Oil Franchise Tax Revenue                      | PENNSYLVANIA ST TURNPIKE COMMISSION OIL FRANCHISE TAX REVENU            | CUSIP: 709221VZ5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4602992.50   | 0.28%             | 2051-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH AFFORDABLE HSG CTFS                                | CUSIP: 63607DAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2495000 | PA      | $2351648.03   | 0.14%             | 2040-10-20      | Floating      | 4.15%                 | No            |                  2 | On Loan: No      |
| Harris County Improvement District No 18                                        | HARRIS CNTY TX IMPT DIST #18                                            | CUSIP: 414183PL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1146616.18   | 0.07%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Dayton-Montgomery County Port Authority                                         | DAYTON-MONTGOMERY CNTY OH PORT AUTH DEV REVENUE                         | CUSIP: 23981MBG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1119284.20   | 0.07%             | 2060-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                       | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                              | CUSIP: 010869LX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16290000 | PA      | $6049975.68   | 0.36%             | 2041-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH REVENUE                                     | CUSIP: 6459182A0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000996.50   | 0.30%             | 2034-01-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Foothill-Eastern Transportation Corridor Agency                                 | FOOTHILL ESTRN TRANSPRTN CORRIDOR AGY CA TOLL ROAD REVENUE              | CUSIP: 345105HK9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1955000 | PA      | $2194682.61   | 0.13%             | 2032-01-15      | Floating      | 5.62%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                       | KALISPEL TRIBE OF INDIANS PRIORITY DIST WA REVENUE                      | CUSIP: 48340PAS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $1277778.35   | 0.08%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northampton County Industrial Development Authority                             | NORTHAMPTON CNTY PA INDL DEV AUTH RESOURCE RECOVERY REVENUE             | CUSIP: 663547AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    312406 | PA      | $56233.08     | 0.00%             | 2027-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Newark NJ Mass Transit Access Tax Revenue                               | NEWARK NJ MASS TRANSIT ACCESS TRANSIT TAX REVENUE                       | CUSIP: 650360AC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2134112.40   | 0.13%             | 2052-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Onondaga Civic Development Corp                                                 | ONONDAGA NY CIVIC DEV CORP                                              | CUSIP: 682832KH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6525000 | PA      | $5702947.88   | 0.34%             | 2044-08-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI EDU REVENUE                                          | CUSIP: 74442EMS6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2132376.30   | 0.13%             | 2065-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Atlantic Beach FL                                                       | ATLANTIC BEACH FL HLTH CARE FACS REVENUE                                | CUSIP: 048251BZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $989470.70    | 0.06%             | 2038-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                            | BALTIMORE MD SPL OBLIG                                                  | CUSIP: 05923TDB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1507265.12   | 0.09%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FING AUTH SOLID WASTE DISPOSAL REV             | CUSIP: 708692BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1343472.94   | 0.08%             | 2039-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                           | PENNSYLVANIA ST ECON DEV FING AUTH T/E PRIVATE ACTIVITY REV             | CUSIP: 70868YAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16760000 | PA      | $16618704.82  | 1.00%             | 2053-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH REVENUE                                            | CUSIP: 59447TXH1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   6475000 | PA      | $5588698.76   | 0.34%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                              | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                                | CUSIP: 01728LHD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3300000 | PA      | $3436881.36   | 0.21%             | 2048-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                       | HOUSTON TX ARPT SYS REVENUE                                             | CUSIP: 442349GA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11710000 | PA      | $10529929.43  | 0.63%             | 2041-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Thruway Authority                                                | NEW YORK ST THRUWAY AUTH GEN REVENUE JUNIOR INDEBTEDNESS OBL            | CUSIP: 650010CJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7770000 | PA      | $7048347.26   | 0.42%             | 2045-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH LEASE RENT REVENUE                                 | CUSIP: 63610TAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12950000 | PA      | $13041969.61  | 0.79%             | 2038-12-15      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                           | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE                    | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7243470.75   | 0.44%             | 2065-01-01      | Floating      | 9.50%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                     | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE                        | CUSIP: 79739GRL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12137559.60  | 0.73%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                             | DENTON CNTY TX SPL ASSMNT REVENUE                                       | CUSIP: 24880GAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1406714.40   | 0.08%             | 2045-12-31      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                      | CHICAGO IL BRD OF EDU                                                   | CUSIP: 167505TK2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5116606.00   | 0.31%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority/FL                                  | LEE CNTY FL INDL DEV AUTH HLTHCR FACS REVENUE                           | CUSIP: 52349EEQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2980984.20   | 0.18%             | 2054-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                        | COBB CNTY GA DEV AUTH LEASE REVENUE                                     | CUSIP: 19078VFP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2376256.50   | 0.14%             | 2056-07-15      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                             | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE            | CUSIP: 64542UHG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1096491.26   | 0.07%             | 2060-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                      | MICHIGAN ST FIN AUTH ACT 38 FACS SENIOR REVEUE                          | CUSIP: 59447NBD7<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2768020.50   | 0.17%             | 2054-02-28      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                              | CHICAGO IL                                                              | CUSIP: 167486P45<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   6750000 | PA      | $7007526.00   | 0.42%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lakewood Ranch Stewardship District                                             | LAKEWOOD RANCH FL STEWARDSHIP DIST SPL ASSMNT REVENUE                   | CUSIP: 51265KAW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3912855.60   | 0.24%             | 2046-05-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| West Virginia Economic Development Authority                                    | WEST VIRGINIA ST ECON DEV AUTH SOL WST DISP FACS                        | CUSIP: 95648VBU2<br>LEI: 549300WW88TKKF5H1220 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2230575.30   | 0.13%             | 2055-01-01      | Floating      | 5.45%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA JOBS-ECON DEV AUTH                                       | CUSIP: 83704EAD6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13680252.30  | 0.82%             | 2058-11-15      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Metropolitan Nashville Airport Authority/The                                    | MET NASHVILLE TN ARPT AUTH ARPT REVENUE                                 | CUSIP: 592190QZ8<br>LEI: 549300IC0HNF8TDXEE63 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3615245.55   | 0.22%             | 2052-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                                  | CUSIP: 74439YFY2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    550000 | PA      | $553583.64    | 0.03%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority                                  | MOBILE CNTY AL INDL DEV AUTH SOL WST DISP REVENUE                       | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3800134.80   | 0.23%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                            | CHICAGO IL MIDWAY ARPT REVENUE                                          | CUSIP: 167562SG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6355000 | PA      | $6744380.38   | 0.41%             | 2048-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| City of Atlantic City NJ                                                        | ATLANTIC CITY NJ                                                        | CUSIP: 048339UH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5440000 | PA      | $6146716.93   | 0.37%             | 2040-03-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                                  | CUSIP: 74439YEY3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1278093.70   | 0.08%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                        | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE                          | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10357646.00  | 0.62%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Military Installation Development Authority                                     | MILITARY INSTALLATION DEV AUTH UT TAX ALLOCATION REVENUE                | CUSIP: 599772AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1301043.60   | 0.08%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                        | NATIONAL FIN AUTH NH REVENUE                                            | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1516511.77   | 0.09%             | 2045-07-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                             | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                           | CUSIP: 97712JJX2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750856.28   | 0.11%             | 2059-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                              | HOUSTON TX                                                              | CUSIP: 442332EE8<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |   6635000 | PA      | $6178246.60   | 0.37%             | 2051-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier & Exposition Authority                                        | MET PIER & EXPOSITION AUTH IL REVENUE                                   | CUSIP: 592250DD3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $1850431.00   | 0.11%             | 2056-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority                                             | CALIFORNIA PUBLIC FIN AUTH SENIOR LIVING REVENUE                        | CUSIP: 13057GAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2366149.80   | 0.14%             | 2051-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Authority                                                         | CAPITAL TRUST AUTH FL EDUCTNL FACS REVENUE                              | CUSIP: 14054WAQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $660542.29    | 0.04%             | 2054-06-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Houston Higher Education Finance Corp                                           | HOUSTON TX HGR EDU FIN CORP UNUNIV REV                                  | CUSIP: 44237QAJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1450462.35   | 0.09%             | 2054-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                       | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                             | CUSIP: 64578CBU4<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4375000 | PA      | $4375910.88   | 0.26%             | 2033-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                              | SOUTH CAROLINA ST JOBS-ECON DEV AUTH RSDL FACS REVENUE                  | CUSIP: 83704CAX6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2489285.50   | 0.15%             | 2038-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                     | PUERTO RICO CMWLTH                                                      | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    730710 | PA      | $490543.31    | 0.03%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                              | DETROIT MI                                                              | CUSIP: 2510933J7<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1446336.36   | 0.09%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE                      | CUSIP: 93978LGN0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1345000 | PA      | $1433968.25   | 0.09%             | 2043-07-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                               | ILLINOIS ST                                                             | CUSIP: 452153DB2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2060563.80   | 0.12%             | 2047-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                          | TEMPE AZ INDL DEV AUTH REVENUE                                          | CUSIP: 87972MAY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8850000 | PA      | $5631987.78   | 0.34%             | 2052-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                    | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                                 | CUSIP: 179027YA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $133702.74    | 0.01%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Higher Educational Facilities Financial Authority                       | FLORIDA ST HGR EDUCTNL FACS FINANCIAL AUTH REVENUE                      | CUSIP: 34073TKX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $645467.40    | 0.04%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Denton TX                                                             | DENTON CNTY TX SPL ASSMNT REVENUE                                       | CUSIP: 24880GAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1101000 | PA      | $1042256.37   | 0.06%             | 2055-12-31      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH REVENUE                                     | CUSIP: 13048VCD8<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2488993.75   | 0.15%             | 2047-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                         | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                               | CUSIP: 837151U31<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10787009.00  | 0.65%             | 2047-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                      | ILLINOIS ST FIN AUTH REVENUE                                            | CUSIP: 45204FHT5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    400000 | PA      | $374207.48    | 0.02%             | 2041-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hobe-St Lucie Conservancy District                                              | HOBE ST LUCIE CONSERVANCY DIST FL                                       | CUSIP: 434043AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002846.30   | 0.06%             | 2044-05-01      | Fixed         | 5.60%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                          | CALIFORNIA ST MUNI FIN AUTH SENIOR LIVING REVENUE                       | CUSIP: 13049RBR6<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    880000 | PA      | $670068.87    | 0.04%             | 2052-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                       | SALT LAKE CITY UT ARPT REVENUE                                          | CUSIP: 795576FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7360000 | PA      | $7360650.62   | 0.44%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado High Performance Transportation Enterprise                             | CO HIGH PERFORMANCE TRANSPRTN ENTERPRISE REVENUE                        | CUSIP: 19648DAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2501543.00   | 0.15%             | 2044-01-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                          | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE               | CUSIP: 65820YSY3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $994505.10    | 0.06%             | 2054-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                             | SAINT LOUIS MO LAND CLEARANCEREDEV AUTH SPL REVENUE                     | CUSIP: 79165YAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $343725.48    | 0.02%             | 2035-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                        | PUBLIC FIN AUTH WI SENIOR LIVING REVENUE                                | CUSIP: 74443UBC6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2493405.20   | 0.15%             | 2052-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                     | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE                  | CUSIP: 939783TB2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1494443.40   | 0.09%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                        | ARIZONA ST INDL DEV AUTH EDU REVENUE                                    | CUSIP: 04052BLS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    925000 | PA      | $746902.07    | 0.04%             | 2050-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                              | CUSIP: 56681NJA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $1960483.28   | 0.12%             | 2044-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Southern Hills Plantation I Community Development District                      | STHRN HILLS PLANTATION FL I CDD CAPITAL IMPT                            | CUSIP: 843054AB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    822500 | PA      | $754807.67    | 0.05%             | 2035-05-01      | Fixed         | 5.80%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                             | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE            | CUSIP: 64542UHF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1569302.24   | 0.09%             | 2055-10-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-05-23

**Name of Applicant:** Eaton Vance Municipals Trust II

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer