# EDGAR Filing Document

**Accession Number:** 0000899774
**File Stem:** 0001752724-23-018115
**Filing Date:** 2023-1
**Character Count:** 69777
**Document Hash:** 7e10efd75510e52f51a1198664cbfdf6
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001752724-23-018115.hdr.sgml**: 20230130

**ACCESSION NUMBER**: 0001752724-23-018115

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20221130

**FILED AS OF DATE**: 20230130

**DATE AS OF CHANGE**: 20230130

**PERIOD START**: 20230531

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** AB MUNICIPAL INCOME FUND II
- **CENTRAL INDEX KEY:** 0000899774
- **IRS NUMBER:** 000000000
- **STATE OF INCORPORATION:** MA
- **FISCAL YEAR END:** 0930

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07618
- **FILM NUMBER:** 23567712

**BUSINESS ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105
- **BUSINESS PHONE:** 2129691000

**MAIL ADDRESS:**
- **STREET 1:** ALLIANCEBERNSTEIN LP
- **STREET 2:** 1345 AVENUE OF THE AMERICAS
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCEBERNSTEIN MUNICIPAL INCOME FUND II
- **DATE OF NAME CHANGE:** 20030319

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ALLIANCE MUNICIPAL INCOME FUND II
- **DATE OF NAME CHANGE:** 19930714

## Series and Classes Contracts Data

### AB Arizona Portfolio (Series ID: S000010353)

| Class ID   | Class Name    | Ticker Symbol   |
|:---|:---|:---|
| C000028637 | Class A       | AAZAX           |
| C000028639 | Class C       | AAZCX           |
| C000082954 | Advisor Class | AAZYX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** AB MUNICIPAL INCOME FUND II

- **b. Investment Company Act file number:** 811-07618

- **c. CIK number of Registrant:** 0000899774

- **d. LEI of Registrant:** 549300NQ4217TS0L9K86

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

  - **Street Address 1:** ALLIANCEBERNSTEIN LP

  - **City:** NEW YORK

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10105

  - **Telephone number:** 212-969-1000

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

- **a. Name of Series:** AB Arizona Portfolio

- **b. EDGAR series identifier (if any):** S000010353

- **c. LEI of Series:** OUXVEG9ZKF3SH2RPZP50

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

- **a. Date of fiscal year-end:** 2023-05-31

- **b. Date as of which information is reported:** 2022-11-30

**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:** $99572408.04

**Total Liabilities:** $549717.32

**Net Assets:** $99022690.72

**Delayed Delivery Securities:** $152692.50

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -6488.49000000 | **1-Year:** -4949.32000000 | **5-Year:** -13494.87000000 | **10-Year:** -14625.47000000 | **30-Year:** -13648.50000000

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

- **3-Month:** -7515.14000000 | **1-Year:** -8110.08000000 | **5-Year:** -10785.87000000 | **10-Year:** -13168.54000000 | **30-Year:** -15124.24000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000028637 | -3.75%               | -0.86%               | 4.34%                |
| Class ID C000082954 | -3.73%               | -0.84%               | 4.36%                |
| Class ID C000028639 | -3.72%               | -1.02%               | 4.29%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-395523.53              | $-4054462.05                               |
| Month 2  | $1049.86                 | $-1267093.73                               |
| Month 3  | $-10348.22               | $4157402.13                                |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond Unhedged

- **Index Identifier:** LMBITR:IND

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| LCH Limited                                                                      | Long: SS2C1M1   IRS USD R F  3.32000 IS2C1M1 CCPINFLATIONZERO / Short: SS2C1M1   IRS USD P V 12MUSCPI IS2C1N2 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1150000 | OU      | $-49005.72    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                                                                        | CUSIP: 71883MPV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2896014.90   | 2.92%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                                                                                                 | CUSIP: 56682HBX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1493398.34   | 1.51%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS281C9   IRS USD R V 12MUSCPI IS281D0 CCPINFLATIONZERO / Short: BS281C9   IRS USD P F  2.58500 IS281C9 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    370000 | OU      | $32439.19     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWR REVENUE                                                                                          | CUSIP: 74526QPP1<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $99950.79     | 0.10%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT BUSINESS PRIVILEGE TAX REVENUE                                                                                       | CUSIP: 40065NCR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $865772.20    | 0.87%             | 2042-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Highway & Transportation Authority                                   | PUERTO RICO HIGHWAY & TRANSPRTN AUTH TRANSPRTN REVENUE                                                                         | CUSIP: 745190ZR2<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |    130000 | PA      | $128717.75    | 0.13%             | 2034-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION RETMNT FACS REVENUE                                                                      | CUSIP: 65820YLK0<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    300000 | PA      | $269997.36    | 0.27%             | 2037-07-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064REK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $83757.03     | 0.08%             | 2036-10-01      | Fixed         | 3.84%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix/The                      | PHOENIX AZ INDL DEV AUTH EDU REVENUE                                                                                           | CUSIP: 71885FBP1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2503004.25   | 2.53%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH ECON DEV REVENUE                                                                                      | CUSIP: 040523AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $210000.00    | 0.21%             | 2050-07-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                   | LA PAZ CNTY AZ INDL DEV AUTH EDU FAC LEASE REVENUE                                                                             | CUSIP: 50376FBR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    345000 | PA      | $282781.11    | 0.29%             | 2046-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3E5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     31619 | PA      | $31752.15     | 0.03%             | 2023-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH                                                                                                     | CUSIP: 721901KN5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1721359.28   | 1.74%             | 2034-04-01      | Fixed         | 5.00%                 | 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        |    500000 | PA      | $398409.45    | 0.40%             | 2047-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| McAllister Academic Village LLC                                                  | MCALLISTER ACADEMIC VLG LLC AZ REVENUE                                                                                         | CUSIP: 579173CM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2621436.25   | 2.65%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                   | LA PAZ CNTY AZ INDL DEV AUTH EDU FAC LEASE REVENUE                                                                             | CUSIP: 50376FBS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $459554.24    | 0.46%             | 2051-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                                                                        | CUSIP: 71883MKZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $787948.13    | 0.80%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                             | GUAM PWR AUTH REVENUE                                                                                                          | CUSIP: 400653KK6<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    200000 | PA      | $203564.64    | 0.21%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                             | GUAM PWR AUTH REVENUE                                                                                                          | CUSIP: 400653JL6<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    705000 | PA      | $718874.54    | 0.73%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                                                                                     | CUSIP: 56681NGM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    990000 | PA      | $682692.62    | 0.69%             | 2061-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                                                                                     | CUSIP: 56681NBQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $778136.40    | 0.79%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH EXEMPT FAC REVENUE                                                                                         | CUSIP: 45470DAA5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    145000 | PA      | $109068.86    | 0.11%             | 2039-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: SS2C596   IRS USD R F  3.46600 IS2C596 CCPINFLATIONZERO / Short: SS2C596   IRS USD P V 12MUSCPI IS2C5A7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1150000 | OU      | $-38769.79    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA INDL DEV AUTH HOSP REVENUE                                                                                             | CUSIP: 04052EAT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1590379.80   | 1.61%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Sports & Tourism Authority                                               | ARIZONA ST SPORTS & TOURISM AUTH SENIOR REVENUE                                                                                | CUSIP: 040583BX3<br>LEI: 5493000FS1Q9KGAM2L28 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2238365.40   | 2.26%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                                                                                     | CUSIP: 56681NAT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1706100.62   | 1.72%             | 2047-07-01      | 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: 74529JRH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $90342.05     | 0.09%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    303201 | PA      | $310175.05    | 0.31%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: SS2BYW9   IRS USD R F  2.90900 IS2BYW9 CCPINFLATIONZERO / Short: SS2BYW9   IRS USD P V 12MUSCPI IS2BYX0 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    490000 | OU      | $-22046.87    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS283G7   IRS USD R V 12MUSCPI IS283H8 CCPINFLATIONZERO / Short: BS283G7   IRS USD P F  2.61250 IS283G7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    370000 | OU      | $32037.92     | 0.03%             |  |  |  | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                        | GLENDALE AZ INDL DEV AUTH SENIOR LIVING FACS REVENUE                                                                           | CUSIP: 378287AP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $949407.80    | 0.96%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Department of Education                                                     | GUAM GOVT DEPT OF EDU COPS                                                                                                     | CUSIP: 40065AAH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $302643.24    | 0.31%             | 2040-02-01      | 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        |    400000 | PA      | $352630.00    | 0.36%             | 2047-10-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp Sales Tax Revenue                           | PUERTO RICO SALES TAX FING CORP SALES TAX REVENUE                                                                              | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $454229.14    | 0.46%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Antonio B Won Pat International Airport Authority                                | GUAM INTERNATIONAL ARPT AUTH                                                                                                   | CUSIP: 40064RFA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150898.05    | 0.15%             | 2031-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |      3059 | PA      | $3135.82      | 0.00%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                   | LA PAZ CNTY AZ INDL DEV AUTH EDU FAC LEASE REVENUE                                                                             | CUSIP: 50376FAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1211287.32   | 1.22%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS2AU39   IRS USD R V 12MUSCPI IS2AU40 CCPINFLATIONZERO / Short: BS2AU39   IRS USD P F  2.68000 IS2AU39 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    630000 | OU      | $47149.34     | 0.05%             |  |  |  | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                                                                           | CUSIP: 04052BQV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $787552.20    | 0.80%             | 2051-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| American Samoa Economic Development Authority                                    | AMERICAN SAMOA AS ECON DEV AUTH GEN REVENUE                                                                                    | CUSIP: 02936TAG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $249547.97    | 0.25%             | 2038-09-01      | Fixed         | 7.12%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD                                                                   | CUSIP: 04052FBV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1762362.40   | 1.78%             | 2050-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Citibank N.A.                                                                    | Long: IS1WUB4   IRS USD R V 01MMUNIP IS1WUC5 VANILLA / Short: IS1WUB4   IRS USD P F  1.12500 IS1WUB4 VANILLA                   | CUSIP: 000000000<br>LEI: E57ODZWZ7FF32TWEFA76 | N/A              | DIR              |  | US        |   1675000 | OU      | $187897.36    | 0.19%             |  |  |  | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH                                                                        | CUSIP: 546282H72<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    500000 | PA      | $478300.30    | 0.48%             | 2045-11-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of Buckeye AZ Excise Tax Revenue                                            | BUCKEYE AZ EXCISE TAX REVENUE                                                                                                  | CUSIP: 118087BY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3450000 | PA      | $3604034.22   | 3.64%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA INDL DEV AUTH HOSP REVENUE                                                                                             | CUSIP: 04052EBQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1481395.65   | 1.50%             | 2038-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Student & Academic Services LLC                                                  | STUDENT & ACADEMIC SVCS LLC AZ LEASE REVENUE                                                                                   | CUSIP: 86386TAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1226599.92   | 1.24%             | 2044-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS2CJA5   IRS USD R V 03MLIBOR IS2CJB6 CCPVANILLA / Short: BS2CJA5   IRS USD P F  1.42700 IS2CJA5 CCPVANILLA             | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1100000 | OU      | $172799.18    | 0.17%             |  |  |  | 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        |    100000 | PA      | $77577.30     | 0.08%             | 2055-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BofA Securities, Inc.                                                            | Long: BS2H7Q2   IRS USD R V 00MSOFR IS2H7R3 CCPOIS / Short: BS2H7Q2   IRS USD P F  2.44400 IS2H7Q2 CCPOIS                      | CUSIP: 000000000<br>LEI: 549300HN4UKV1E2R3U73 | N/A              | DIR              |  | US        |   1750000 | OU      | $133275.23    | 0.13%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Glendale AZ                                                              | GLENDALE AZ COPS                                                                                                               | CUSIP: 37828AAG4<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1624505.60   | 1.64%             | 2030-07-01      | Fixed         | 2.22%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                        | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE                                                                                | CUSIP: 79575EAJ7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |    650000 | PA      | $659091.62    | 0.67%             | 2023-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia                                          | MUNI ELEC AUTH OF GEORGIA                                                                                                      | CUSIP: 626207Z56<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200517.72    | 0.20%             | 2056-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Municipal Property Corp                                                 | GLENDALE AZ MUNI PROPERTY CORP EXCISE TAX REVENUE                                                                              | CUSIP: 378294FC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2503661.25   | 2.53%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Detroit MI                                                               | DETROIT MI                                                                                                                     | CUSIP: 2510933Q1<br>LEI: 549300BQRJP7MKKHOY28 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50945.69     | 0.05%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Guam Government Waterworks Authority                                             | GUAM GOVT WTRWKS AUTH WTR & WSTWTR SYS REVENUE                                                                                 | CUSIP: 40065FCH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $778042.03    | 0.79%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH EDU REVENUE                                                                                           | CUSIP: 04052BST2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1467213.30   | 1.48%             | 2057-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Industrial Tourist Educational Medical & Envirml Ctl Facs Fing Auth  | PUERTO RICO INDL TOURIST EDUCTNL MED & ENVRNMNTL CONTROL FAC                                                                   | CUSIP: 74527JAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $321118.83    | 0.32%             | 2026-06-01      | Fixed         | 6.62%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Highway & Transportation Authority                                   | PUERTO RICO HIGHWAY & TRANSPRTN AUTH TRANSPRTN REVENUE                                                                         | CUSIP: 745190ZS0<br>LEI: 549300J6QBXVWJXB7Y41 | Long             | DBT              | MUN               | US        |    130000 | PA      | $128598.50    | 0.13%             | 2036-07-01      | 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: 74529JRJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $4517.10      | 0.00%             | 2040-07-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| Alliance Bernstein                                                               | AB Fixed Income Shares, Inc. - Government Money Market Portfolio                                                               | CUSIP: 018616748<br>LEI: 5493006YWHO7MNK2U579 | Long             | STIV             | RF                | US        |    463863 | NS      | $463863.35    | 0.47%             |  |  |  | No            |                  1 | On Loan: No      |
| Glendale Industrial Development Authority                                        | GLENDALE AZ INDL DEV AUTH                                                                                                      | CUSIP: 378286JK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $906351.60    | 0.92%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tempe Industrial Development Authority                                           | TEMPE AZ INDL DEV AUTH REVENUE                                                                                                 | CUSIP: 87972MBE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    815000 | PA      | $674747.63    | 0.68%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Tempe AZ                                                                 | TEMPE AZ COPS                                                                                                                  | CUSIP: 87971LAN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $980360.00    | 0.99%             | 2031-07-01      | Fixed         | 1.95%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                                                                                               | CUSIP: 04052ABH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1021412 | PA      | $982912.76    | 0.99%             | 2033-05-20      | Fixed         | 3.62%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS21YN0   IRS USD R V 12MUSCPI IS21YO1 CCPINFLATIONZERO / Short: BS21YN0   IRS USD P F  1.23000 IS21YN0 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2840000 | OU      | $502371.55    | 0.51%             |  |  |  | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                                                                                               | CUSIP: 04052AAQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $699078.70    | 0.71%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3Q8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |       970 | PA      | $890.97       | 0.00%             | 2024-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                                                                                          | CUSIP: 167505UX2<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    335000 | PA      | $337738.06    | 0.34%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: SS2D890   IRS USD R F  3.32300 IS2D890 CCPINFLATIONZERO / Short: SS2D890   IRS USD P V 12MUSCPI IS2D8A1 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    900000 | OU      | $-38188.27    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the County of Pima/The                       | PIMA CNTY AZ INDL DEV AUTH SENIOR LIVING REVENUE                                                                               | CUSIP: 72178AAJ1<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    335000 | PA      | $343665.85    | 0.35%             | 2057-11-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| University of Arizona/The                                                        | ARIZONA BRD OF RGTS UNIV ARIZONA SYS REVENUE                                                                                   | CUSIP: 040484LX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1810380.27   | 1.83%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                                                                        | CUSIP: 71883MPW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1111789.82   | 1.12%             | 2038-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: SS2CQM6   IRS USD R F  3.29000 IS2CQM6 CCPINFLATIONZERO / Short: SS2CQM6   IRS USD P V 12MUSCPI IS2CQN7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    640000 | OU      | $-19260.51    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |      2238 | PA      | $1864.57      | 0.00%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northern Arizona University                                                      | NTHRN AZ UNIV                                                                                                                  | CUSIP: 6647543N6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1040164.00   | 1.05%             | 2034-06-01      | 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: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $94413.31     | 0.10%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                                                                                  | CUSIP: 59261AJ32<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1049477.70   | 1.06%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: SS2COQ6   IRS USD R F  3.39000 IS2COQ6 CCPINFLATIONZERO / Short: SS2COQ6   IRS USD P V 12MUSCPI IS2COR7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2200000 | OU      | $-48274.95    | -0.05%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS20V36   IRS USD R V 12MUSCPI IS20V47 CCPINFLATIONZERO / Short: BS20V36   IRS USD P F   .73500 IS20V36 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   2140000 | OU      | $454279.86    | 0.46%             |  |  |  | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                        | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE                                                                                | CUSIP: 79575EAH1<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |    515000 | PA      | $515000.00    | 0.52%             | 2022-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3H8<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |      3149 | PA      | $3222.63      | 0.00%             | 2029-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Delaware State Economic Development Authority                                    | DELAWARE ST ECON DEV AUTH REVENUE                                                                                              | CUSIP: 246387RR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $533222.51    | 0.54%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                                                                                               | CUSIP: 04052AAR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $737581.68    | 0.74%             | 2048-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |      3042 | PA      | $2435.99      | 0.00%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     19113 | PA      | $8696.45      | 0.01%             | 2043-11-01      | Variable      | 1.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | INDIANA ST FIN AUTH POLL CONTROL REVENUE                                                                                       | CUSIP: 45505VAD8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    100000 | PA      | $88989.51     | 0.09%             | 2030-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                                     | MARICOPA CNTY AZ SPL HLTH CARE DIST                                                                                            | CUSIP: 56756TAS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1843641.33   | 1.86%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                      | Long: BS2G6V7   IRS USD R V 00MSOFR IS2G6W8 CCPOIS / Short: BS2G6V7   IRS USD P F  2.54200 IS2G6V7 CCPOIS                      | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   3500000 | OU      | $229862.35    | 0.23%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    103164 | PA      | $79348.58     | 0.08%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD                                                                   | CUSIP: 04052FBU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $905057.10    | 0.91%             | 2045-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                        | KALISPEL TRIBE OF INDIANS PRIORITY DIST WA REVENUE                                                                             | CUSIP: 48340PAU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    225000 | PA      | $235674.74    | 0.24%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: SS2DII9   IRS USD R F  3.06350 IS2DII9 CCPINFLATIONZERO / Short: SS2DII9   IRS USD P V 12MUSCPI IS2DIJ0 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    530000 | OU      | $-16918.17    | -0.02%            |  |  |  | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | GUAM GOVT                                                                                                                      | CUSIP: 40065BCQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $87431.87     | 0.09%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: SS2CQK4   IRS USD R F  3.72000 IS2CQK4 CCPINFLATIONZERO / Short: SS2CQK4   IRS USD P V 12MUSCPI IS2CQL5 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1150000 | OU      | $-34755.54    | -0.04%            |  |  |  | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS23W54   IRS USD R V 12MUSCPI IS23W65 CCPINFLATIONZERO / Short: BS23W54   IRS USD P F  1.58700 IS23W54 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    510000 | OU      | $84917.56     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| County of Pinal AZ                                                               | PINAL CNTY AZ REVENUE OBLGS                                                                                                    | CUSIP: 72205RBM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2935395.88   | 2.96%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mission Economic Development Corp                                                | MISSION TX ECON DEV CORP REVENUE                                                                                               | CUSIP: 605156AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $280484.98    | 0.28%             | 2031-10-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS2DIG7   IRS USD R V 12MUSCPI IS2DIH8 CCPINFLATIONZERO / Short: BS2DIG7   IRS USD P F  4.02750 IS2DIG7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    240000 | OU      | $7103.15      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA INDL DEV AUTH STUDENT HSG REVENUE                                                                                      | CUSIP: 04052VAU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2414949.40   | 2.44%             | 2058-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS23XF1   IRS USD R V 12MUSCPI IS23XG2 CCPINFLATIONZERO / Short: BS23XF1   IRS USD P F  1.57200 IS23XF1 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    510000 | OU      | $85609.28     | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS2BFX7   IRS USD R V 12MUSCPI IS2BFY8 CCPINFLATIONZERO / Short: BS2BFX7   IRS USD P F  2.78200 IS2BFX7 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    650000 | OU      | $42219.50     | 0.04%             |  |  |  | No            |                  2 | On Loan: No      |
| La Paz County Industrial Development Authority                                   | LA PAZ CNTY AZ INDL DEV AUTH EDU FAC LEASE REVENUE                                                                             | CUSIP: 50376FBQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    205000 | PA      | $174909.94    | 0.18%             | 2041-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Health Facilities Authority                                              | ARIZONA ST HLTH FACS AUTH                                                                                                      | CUSIP: 040507PQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3062562.00   | 3.09%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board                                             | BRISTOL TN INDL DEV BRD ST SALES TAX REVENUE                                                                                   | CUSIP: 11023PAB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $154134.32    | 0.16%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS2D7J3   IRS USD R V 00MSOFR IS2D7K4 CCPOIS / Short: BS2D7J3   IRS USD P F  1.28000 IS2D7J3 CCPOIS                      | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1000000 | OU      | $171717.01    | 0.17%             |  |  |  | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP ARPT REVENUE                                                                                        | CUSIP: 71883MPB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2593430.75   | 2.62%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona State University                                                         | ARIZONA BRD OF RGTS ST UNIV SYS REVENUE                                                                                        | CUSIP: 04048RKQ8<br>LEI: 254900BLZ1MCZ5JLK411 | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2098695.50   | 2.12%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Game & Fish Department & Commission                                      | ARIZONA ST GAME & FISH DEPT & COMMISSION BENEFICIAL INTEREST                                                                   | CUSIP: 04051JAU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $826608.26    | 0.83%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix/The                      | PHOENIX AZ INDL DEV AUTH STUDENT HSG REVENUE                                                                                   | CUSIP: 71885DDH2<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1231536.63   | 1.24%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3K1<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    102901 | PA      | $89437.89     | 0.09%             | 2033-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: SS2EQS8   IRS USD R F  3.73500 IS2EQS8 CCPINFLATIONZERO / Short: SS2EQS8   IRS USD P V 12MUSCPI IS2EQT9 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |   1330000 | OU      | $8786.23      | 0.01%             |  |  |  | No            |                  2 | On Loan: No      |
| Kentucky Economic Development Finance Authority                                  | KENTUCKY ST ECON DEV FIN AUTH                                                                                                  | CUSIP: 49126KKE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018307.40   | 1.03%             | 2041-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                                                                                     | CUSIP: 56681NCW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    830000 | PA      | $848467.50    | 0.86%             | 2052-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS281O1   IRS USD R V 12MUSCPI IS281P2 CCPINFLATIONZERO / Short: BS281O1   IRS USD P F  2.56500 IS281O1 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    740000 | OU      | $65461.67     | 0.07%             |  |  |  | No            |                  2 | On Loan: No      |
| Maricopa County Special Health Care District                                     | MARICOPA CNTY AZ SPL HLTH CARE DIST                                                                                            | CUSIP: 56756TAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3277289.10   | 3.31%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Mercantile Exchange                                                      | Long: SS2FHX3   IRS USD R F  2.44450 IS2FHX3 CCPOIS / Short: SS2FHX3   IRS USD P V 00MSOFR IS2FHY4 CCPOIS                      | CUSIP: 000000000<br>LEI: SNZ2OJLFK8MNNCLQOF39 | N/A              | DIR              |  | US        |   5700000 | OU      | $-254585.63   | -0.26%            |  |  |  | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                                                                                                 | CUSIP: 56682HBZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2111508.00   | 2.13%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                                                                                  | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $106872.97    | 0.11%             | 2040-07-01      | Fixed         | 6.35%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                                                                                     | CUSIP: 56681NAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $760812.60    | 0.77%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Phoenix Civic Improvement Corp                                           | PHOENIX AZ CIVIC IMPT CORP WTR SYS REVENUE                                                                                     | CUSIP: 71883RRJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1641090.45   | 1.66%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Medical Care Commission                                           | NORTH CAROLINA ST MED CARE COMMISSION HLTH CARE FACS REVENUE                                                                   | CUSIP: 65821DTH4<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |    500000 | PA      | $489770.00    | 0.49%             | 2035-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chandler Industrial Development Authority                                        | CHANDLER AZ INDL DEV AUTH INDL DEV REVENUE                                                                                     | CUSIP: 158862CA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2070496.80   | 2.09%             | 2042-09-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    143733 | PA      | $78655.04     | 0.08%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Guam Power Authority                                                             | GUAM PWR AUTH REVENUE                                                                                                          | CUSIP: 400653JH5<br>LEI: 549300IPOV320QCKW060 | Long             | DBT              | MUN               | US        |    170000 | PA      | $174823.22    | 0.18%             | 2036-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salt Verde Financial Corp                                                        | SALT VERDE AZ FINANCIAL CORP SENIOR GAS REVENUE                                                                                | CUSIP: 79575EAS7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2584792.50   | 2.61%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3F2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |      3230 | PA      | $3274.28      | 0.00%             | 2025-07-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| LCH Limited                                                                      | Long: BS2CZ96   IRS USD R V 12MUSCPI IS2CZA7 CCPINFLATIONZERO / Short: BS2CZ96   IRS USD P F  2.98850 IS2CZ96 CCPINFLATIONZERO | CUSIP: 000000000<br>LEI: F226TOH6YD6XJB17KS62 | N/A              | DIR              |  | US        |    540000 | OU      | $24118.63     | 0.02%             |  |  |  | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                                                                                             | CUSIP: 74514L3L9<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |      2607 | PA      | $2216.96      | 0.00%             | 2035-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix/The                      | PHOENIX AZ INDL DEV AUTH STUDENT HSG REVENUE                                                                                   | CUSIP: 71885DDC3<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007216.80   | 1.02%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Water Resource Municipal Property Corp                                   | GILBERT AZ WTR RESOURCE MUNI PROPERTY CORP UTILITY SYS REVEN                                                                   | CUSIP: 37530ACG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5055941.00   | 5.11%             | 2042-07-15      | Fixed         | 4.00%                 | 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        |    600000 | PA      | $453963.00    | 0.46%             | 2050-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-01-30

**Name of Applicant:** AB MUNICIPAL INCOME FUND II

**Signature:** Joseph Mantineo

**Name of Signer:** Joseph Mantineo

**Title:** Treasurer and Chief Financial Officer