# EDGAR Filing Document

**Accession Number:** 0000763852
**File Stem:** 0002071691-26-009306
**Filing Date:** 2026-4
**Character Count:** 200540
**Document Hash:** 89a3dee09536462b5adaa8e0f7d34cbb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002071691-26-009306.hdr.sgml**: 20260429

**ACCESSION NUMBER**: 0002071691-26-009306

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20260228

**FILED AS OF DATE**: 20260429

**DATE AS OF CHANGE**: 20260429

**PERIOD START**: 20260228

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** JPMORGAN TRUST II
- **CENTRAL INDEX KEY:** 0000763852

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04236
- **FILM NUMBER:** 26912547

**BUSINESS ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017
- **BUSINESS PHONE:** 800-480-4111

**MAIL ADDRESS:**
- **STREET 1:** 390 MADISON AVENUE
- **CITY:** NEW YORK
- **STATE:** NY
- **ZIP:** 10017

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ONE GROUP MUTUAL FUNDS
- **DATE OF NAME CHANGE:** 20000721

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** ONE GROUP
- **DATE OF NAME CHANGE:** 19931105

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** HELMSMAN FUND
- **DATE OF NAME CHANGE:** 19920703

## Series and Classes Contracts Data

### JPMorgan Short-Intermediate Municipal Bond Fund (Series ID: S000003499)

| Class ID   | Class Name   | Ticker Symbol   |
|:---|:---|:---|
| C000009692 | Class A      | OSTAX           |
| C000009694 | Class C      | STMCX           |
| C000077258 | Class I      | JIMIX           |
| C000205207 | Class R6     | OSTSX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** JPMorgan Trust II

- **b. Investment Company Act file number:** 811-04236

- **c. CIK number of Registrant:** 0000763852

- **d. LEI of Registrant:** 549300IMXLYKELY96B40

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

  - **Street Address 1:** 390 Madison Avenue

  - **City:** New York

  - **State:** NY

  - **Foreign country:** US

  - **Zip / Postal Code:** 10017

  - **Telephone number:** 800-480-4111

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

- **a. Name of Series:** JPMorgan Short-Intermediate Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000003499

- **c. LEI of Series:** 8EG1U7EOD8DPT7MPIX12

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

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

- **b. Date as of which information is reported:** 2026-02-28

**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:** $840601721.90

**Total Liabilities:** $4281686.77

**Net Assets:** $836320035.13

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 1245.08261000 | **1-Year:** 74295.51604000 | **5-Year:** 123092.02482000 | **10-Year:** 7373.66325000 | **30-Year:** 0.00000000

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

- **3-Month:** 0.00000000 | **1-Year:** 3081.74544000 | **5-Year:** 4487.46399000 | **10-Year:** 0.00000000 | **30-Year:** 0.00000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000009692 | 0.41%                | 0.68%                | 0.51%                |
| Class ID C000009694 | 0.26%                | 0.64%                | 0.56%                |
| Class ID C000077258 | 0.35%                | 0.71%                | 0.64%                |
| Class ID C000205207 | 0.36%                | 0.72%                | 0.54%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $64523.58                | $789726.65                                 |
| Month 2  | $502.97                  | $3933141.63                                |
| Month 3  | $-26609.61               | $2701199.80                                |

**Designated Index Information**

- **Index Name:** N/A

- **Index Identifier:** N/A

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                                                                                                             | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Abilene Independent School District                                              | Abilene Independent School District, Unlimited Tax School Building                                                                                | CUSIP: 003464LL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2060725.20   | 0.25%             | 2029-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alabama Highway Authority                                                        | Alabama Highway Authority                                                                                                                         | CUSIP: 010559AE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1470000 | PA      | $1649551.97   | 0.20%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Highway Authority                                                        | Alabama Highway Authority                                                                                                                         | CUSIP: 010559AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1746240.75   | 0.21%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | Allegheny County Airport Authority, Pittsburgh International Airport, Series 2023A                                                                | CUSIP: 01728LGL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $868785.68    | 0.10%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Higher Education Building Authority                             | Allegheny County Higher Education Building Authority, Carnegie Mellon University, Series 2022A                                                    | CUSIP: 01729EKZ9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2500000 | PA      | $2495236.50   | 0.30%             | 2033-02-01      | Floating      | 2.86%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority, National Charter School Revolving Loan Fund, Series 2023A                                               | CUSIP: 04052FDU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6320385.00   | 0.76%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | Arizona Industrial Development Authority, Equitable School Revolving Fund LLC, Series 2024A                                                       | CUSIP: 04052FEN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2690765.75   | 0.32%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Sports & Tourism Authority                                               | Arizona Sports and Tourism Authority, Senior Lien Multipurpose Stadium Facility Project, Series 2022                                              | CUSIP: 040583BW5<br>LEI: 5493000FS1Q9KGAM2L28 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5514424.00   | 0.66%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | Arkansas Development Finance Authority, Department of Community Correction Project                                                                | CUSIP: 040849DQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $331017.08    | 0.04%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Arlington TX                                                             | City of Arlington, Series 2020A                                                                                                                   | CUSIP: 041796WX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1828163.16   | 0.22%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arlington Higher Education Finance Corp.                                         | Arlington Higher Education Finance Corp., Uplift Education, Series 2017A                                                                          | CUSIP: 041806ML1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015695.70   | 0.12%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX                                                                | City of Austin, Public Property Finance Contractual Obligation                                                                                    | CUSIP: 052397W44<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2438830.21   | 0.29%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Airport System Revenue                                         | City of Austin, Airport System, Series 2017A                                                                                                      | CUSIP: 052398EU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1152007.77   | 0.14%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District Public Facility Corp.                          | Austin Community College District Public Facility Corp., Lease, Highland Campus Parking Garage Project, Series 2018C                              | CUSIP: 052405EV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252925.98    | 0.03%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District Public Facility Corp.                          | Austin Community College District Public Facility Corp., Lease, Highland Campus Parking Garage Project, Series 2018C                              | CUSIP: 052405EW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $208006.90    | 0.02%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Austin Community College District Public Facility Corp.                          | Austin Community College District Public Facility Corp., Lease, Highland Campus Parking Garage Project, Series 2018C                              | CUSIP: 052405EY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $337308.27    | 0.04%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Austin TX Water & Wastewater System Revenue                              | City of Austin Water and Wastewater System, Series 2024                                                                                           | CUSIP: 052477XZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2689755.00   | 0.32%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baldwin County Industrial Development Authority                                  | Baldwin County Industrial Development Authority, Novelis Corp., Project, Series 2025A                                                             | CUSIP: 05786PAA1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2500000 | PA      | $2616723.25   | 0.31%             | 2055-06-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| County of Bastrop TX                                                             | County of Bastrop, Combination Tax                                                                                                                | CUSIP: 070307SF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1277179.49   | 0.15%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bastrop Independent School District                                              | Bastrop Independent School District, Unlimited Tax, Series 2024                                                                                   | CUSIP: 070329X36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3530000 | PA      | $3896386.82   | 0.47%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | Black Belt Energy Gas District, Gas Project, Series 2022B-1                                                                                       | CUSIP: 09182TBC0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2547107.50   | 0.30%             | 2053-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Bridge City Independent School District                                          | Bridge City Independent School District, Unlimited Tax                                                                                            | CUSIP: 108043VD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $583113.54    | 0.07%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County (The)                                      | Development Authority of Burke County (The), Georgia Power Co. Plant Vogtle Project, Series 2012-2                                                | CUSIP: 121342QN2<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1014388.60   | 0.12%             | 2049-12-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | California Community Choice Financing Authority, Clean Energy Project, Series 2023E-1                                                             | CUSIP: 13013JDB9<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2703746.50   | 0.32%             | 2054-02-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | State of California, Various Purpose                                                                                                              | CUSIP: 13063C6C9<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   4180000 | PA      | $4208798.53   | 0.50%             | 2029-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority                           | California Statewide Communities Development Authority, Marin General Hospital Project, Series 2018A                                              | CUSIP: 13080STV6<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |    250000 | PA      | $259938.40    | 0.03%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carter County Public Facilities Authority                                        | Carter County Public Facilities Authority, Educational Facilities Lease, Ardmore City Schools Project                                             | CUSIP: 146201DG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $828315.87    | 0.10%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carter County Public Facilities Authority                                        | Carter County Public Facilities Authority, Educational Facilities Lease, Ardmore City Schools Project                                             | CUSIP: 146201DH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1288070.50   | 0.15%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Central Puget Sound Regional Transit Authority                                   | Central Puget Sound Regional Transit Authority, Sales Tax and Motor Vehicle Excise Tax, Series 2021S-1                                            | CUSIP: 155048DV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1754753.59   | 0.21%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Champaign County Community Unit School District No. 4 Champaign                  | Champaign County Community Unit School District No. 4 Champaign                                                                                   | CUSIP: 158249LQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1047285.50   | 0.13%             | 2029-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Champaign County Community Unit School District No. 4 Champaign                  | Champaign County Community Unit School District No. 4 Champaign                                                                                   | CUSIP: 158249LR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $188746.07    | 0.02%             | 2030-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Champaign County Community Unit School District No. 4 Champaign                  | Champaign County Community Unit School District No. 4 Champaign, Series 2019                                                                      | CUSIP: 158249LV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1199027.39   | 0.14%             | 2034-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Charleston Educational Excellence Finance Corp.                                  | Charleston Educational Excellence Finance Corp., Installment Purchase, Charleston County School District, South Carolina Project, Series 2024     | CUSIP: 160131ES3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1129230.82   | 0.14%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chattanooga TN Electric Revenue                                          | City of Chattanooga Electric                                                                                                                      | CUSIP: 162393GS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2140323.00   | 0.26%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | City of Chicago, Capital Appreciation City College, Series 1999                                                                                   | CUSIP: 167484QT4<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $953504.10    | 0.11%             | 2028-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | Chicago Midway International Airport, Senior Lien, Series 2023A                                                                                   | CUSIP: 167562RR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018607.80   | 0.12%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | Chicago Midway International Airport, Senior Lien, Series 2023A                                                                                   | CUSIP: 167562RS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3541487.26   | 0.42%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Midway International Airport                                             | Chicago Midway International Airport, Senior Lien, Series 2023C                                                                                   | CUSIP: 167562SZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7115000 | PA      | $7425379.07   | 0.89%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | Chicago O'Hare International Airport, General Airport, Senior Lien, Series 2025D                                                                  | CUSIP: 167591BQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2152970.40   | 0.26%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Transit Authority Capital Grant Receipts Revenue                         | Chicago Transit Authority Capital Grant Receipts, Series 2021                                                                                     | CUSIP: 167723HC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2139001.08   | 0.26%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland County Educational Facilities Authority                                | Cleveland County Educational Facilities Authority, Moore Public School Project, Series 2021                                                       | CUSIP: 18604TEC8<br>LEI: 549300XEV4DVO42DUA84 | Long             | DBT              | MUN               | US        |   5080000 | PA      | $5246117.52   | 0.63%             | 2028-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Cleveland County Educational Facilities Authority                                | Cleveland County Educational Facilities Authority, Norman Public Schools Project, Series 2023A                                                    | CUSIP: 18604TEX2<br>LEI: 549300XEV4DVO42DUA84 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2110179.80   | 0.25%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cleveland OH Income Tax Revenue                                          | City of Cleveland, Income Tax, Subordinate Lien, Public Facilities Improvements, Series 2017B-1                                                   | CUSIP: 186387TT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2510000 | PA      | $2647937.55   | 0.32%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cleveland OH Income Tax Revenue                                          | City of Cleveland, Income Tax, Subordinate Lien, Public Facilities Improvements, Series 2018A                                                     | CUSIP: 186387UN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260989.60    | 0.03%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cleveland OH Income Tax Revenue                                          | City of Cleveland, Income Tax, Subordinate Lien, Public Facilities Improvements, Series 2018A                                                     | CUSIP: 186387UP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $264472.05    | 0.03%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Intermountain Healthcare, Series 2022C                                                                      | CUSIP: 19648FVL5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $3921260.00   | 0.47%             | 2062-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Adventist Health System, Series 2024A-1                                                                     | CUSIP: 19648FYN8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1091225.10   | 0.13%             | 2059-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | Colorado Health Facilities Authority, Adventist Health System, Series 2025A                                                                       | CUSIP: 19648FZQ0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2202416.20   | 0.26%             | 2060-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Housing and Finance Authority                                           | Colorado Housing and Finance Authority, Single Family Mortgage, Series 2023L, Class III                                                           | CUSIP: 19648GAV4<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   2700000 | PA      | $2921925.42   | 0.35%             | 2053-11-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| State of Colorado                                                                | State of Colorado, Series 2018A                                                                                                                   | CUSIP: 196711QZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2140000 | PA      | $2304194.92   | 0.28%             | 2029-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia County Hospital Authority/GA                                            | Columbia County Hospital Authority, Wellstart Health System Inc., Project, Series 2023B                                                           | CUSIP: 197479AF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $400868.68    | 0.05%             | 2026-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia County Hospital Authority/GA                                            | Columbia County Hospital Authority, Wellstart Health System Inc., Project, Series 2023B                                                           | CUSIP: 197479AG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $360183.95    | 0.04%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbia County Hospital Authority/GA                                            | Columbia County Hospital Authority, Wellstart Health System Inc., Project, Series 2023B                                                           | CUSIP: 197479AH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $792608.63    | 0.09%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Columbus Medical Center Hospital Authority                                       | Columbus Medical Center Hospital Authority, Piedmont Healthcare Inc., Project, Series 2019B                                                       | CUSIP: 199124BR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1578737.16   | 0.19%             | 2054-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Columbus OH                                                              | City of Columbus, Unlimited Tax, Series 2024-1                                                                                                    | CUSIP: 1994928L6<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1663428.00   | 0.20%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Comal Independent School District                                                | Comal Independent School District, Unlimited Tax                                                                                                  | CUSIP: 199821BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7010000 | PA      | $7567165.32   | 0.90%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Series 2019B                                                                                                    | CUSIP: 20281PLC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $541100.10    | 0.06%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                               | CUSIP: 20282EAK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2680000 | PA      | $2833415.53   | 0.34%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                               | CUSIP: 20282EAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4116988.20   | 0.49%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth Financing Authority                                                 | Commonwealth Financing Authority, Tobacco Master Settlement Payment                                                                               | CUSIP: 20282EAM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1158036.77   | 0.14%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | Maryland Community Development Administration, Multi- Family, Villages At Marley Station, Series 2024D-2                                          | CUSIP: 20364NCK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1527655.95   | 0.18%             | 2029-01-01      | Fixed         | 3.30%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2025B                                                                                                                | CUSIP: 20772KB99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1077480.60   | 0.13%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2025B                                                                                                                | CUSIP: 20772KC23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1103169.40   | 0.13%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2025D                                                                                                                | CUSIP: 20772KH28<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5477475.00   | 0.65%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | State of Connecticut, Series 2020A                                                                                                                | CUSIP: 20772KHR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $764112.08    | 0.09%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | State of Connecticut Special Tax, Transportation Infrastructure Purpose, Series 2025A                                                             | CUSIP: 207758Y49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3276787.50   | 0.39%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County Community Unit School District No. 401 Elmwood Park                  | Cook County Community Unit School District No. 401 Elmwood Park, Series 2021A                                                                     | CUSIP: 216048HG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1298586.91   | 0.16%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Coppell Independent School District                                              | Conroe Independent School District, Unlimited Tax, Series 2019                                                                                    | CUSIP: 217490AH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068434.40   | 0.13%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County Square Redevelopment Corp.                                                | County Square Redevelopment Corp., Greenville South Carolina Project                                                                              | CUSIP: 22259PBW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2335551.54   | 0.28%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Curators of the University of Missouri (The)                                     | Curators of the University of Missouri (The), Series 2020B                                                                                        | CUSIP: 231266MK0<br>LEI: G0G4PRB87K0V5MXIV248 | Long             | DBT              | MUN               | US        |   5705000 | PA      | $6419206.67   | 0.77%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Curators of the University of Missouri (The)                                     | Curators of the University of Missouri (The), Series 2024                                                                                         | CUSIP: 231266MU8<br>LEI: G0G4PRB87K0V5MXIV248 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1100371.10   | 0.13%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cuyahoga Community College District                                              | Cuyahoga Community College District, Facilities Construction Improvement, Unlimited Tax                                                           | CUSIP: 232392AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2315532.59   | 0.28%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Unlimited Tax, Series 2023A                                                                        | CUSIP: 232769MT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108190.30   | 0.13%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Unlimited Tax                                                                                      | CUSIP: 232769QB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5371258.68   | 0.64%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cypress-Fairbanks Independent School District                                    | Cypress-Fairbanks Independent School District, Unlimited Tax                                                                                      | CUSIP: 232769QL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5120000 | PA      | $5542957.57   | 0.66%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dahlonega Downtown Development Authority                                         | Dahlonega Downtown Development Authority, North Georgia MAC, LLC Project                                                                          | CUSIP: 23378RFB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $277199.20    | 0.03%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dahlonega Downtown Development Authority                                         | Dahlonega Downtown Development Authority, North Georgia MAC, LLC Project                                                                          | CUSIP: 23378RFD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $387608.78    | 0.05%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas County Utility & Reclamation District                                     | Dallas County Utility and Reclamation District, Unlimited Tax, Series 2016                                                                        | CUSIP: 234839PL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1153211.07   | 0.14%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Dallas Fort Worth International Airport                                          | Dallas Fort Worth International Airport, Series 2025A-2                                                                                           | CUSIP: 23503CFK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7509826.10   | 0.90%             | 2050-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Nevada Department of Business & Industry                                | State of Nevada Department of Business and Industry, Brighline West Passenger Rail Project, Series 2025B                                          | CUSIP: 25457VBV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $747900.00    | 0.09%             | 2065-01-01      | Variable      | 12.00%                | Yes           |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Series 2019A                                                                                                                | CUSIP: 25476FXF0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1547698.75   | 0.19%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | District of Columbia, Georgetown University Issue, Series 2025A                                                                                   | CUSIP: 25484JDJ6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4333493.25   | 0.52%             | 2060-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Omaha School District                                                            | Omaha School District, Series 2016                                                                                                                | CUSIP: 259291ND0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020819.50   | 0.12%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No. 709                                       | Duluth Independent School District No. 709, Series 2019B                                                                                          | CUSIP: 264474HL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $189281.57    | 0.02%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No. 709                                       | Duluth Independent School District No. 709, Series 2019B                                                                                          | CUSIP: 264474HM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $183241.54    | 0.02%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Duluth Independent School District No. 709                                       | Duluth Independent School District No. 709, Series 2019C                                                                                          | CUSIP: 264474HW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $366483.08    | 0.04%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Ector TX                                                               | County of Ector                                                                                                                                   | CUSIP: 279245KC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2118857.42   | 0.25%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Effingham Community Unit School District No. 40                                  | Effingham Community Unit School District No. 40, Series 2019A                                                                                     | CUSIP: 282065CK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $582960.84    | 0.07%             | 2028-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Energy Northwest                                                                 | Energy Northwest, Project 1, Series 2024B                                                                                                         | CUSIP: 29270C6C4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2596239.25   | 0.31%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Farmington NM                                                            | City of Farmington, San Juan Project, Series 2010A                                                                                                | CUSIP: 311450FX3<br>LEI: 5493000GWMTI2L4AZA61 | Long             | STIV             | MUN               | US        |   4000000 | PA      | $3955470.80   | 0.47%             | 2040-06-01      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| FNMA                                                                             | FNMA, REMIC, Series 2002-36, Class FS                                                                                                             | CUSIP: 31392DKJ0<br>LEI: B1V7KEBTPIMZEU4LTD58 | Long             | ABS-MBS          | USGSE             | US        |      2126 | PA      | $2127.29      | 0.00%             | 2032-06-25      | Floating      | 4.28%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                | Florida Development Finance Corp., GFL Solid Waste Southeast LLC Project, Series 2024A                                                            | CUSIP: 34061XAG7<br>LEI: 549300HC854CNBLMWC48 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1015146.70   | 0.12%             | 2054-10-01      | Variable      | 4.38%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corp.                                                | Florida Development Finance Corp., Waste Management, Inc., Project, Series 2025A                                                                  | CUSIP: 34061XAH5<br>LEI: 549300HC854CNBLMWC48 | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1005811.10   | 0.12%             | 2050-09-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| Florida Housing Finance Corp.                                                    | Florida Housing Finance Corp., Homeowner Mortgage, Series 2025 1                                                                                  | CUSIP: 34074NBE8<br>LEI: 549300W0PCIJCI0JCF10 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2216296.61   | 0.27%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Florida Local Government Finance Commission                                      | Florida Local Government Finance Commission, Fleet Landing at Nocatee Project, Series 2025B-3                                                     | CUSIP: 34077UAM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1212991.56   | 0.15%             | 2030-11-15      | Fixed         | 4.20%                 | Yes           |                  2 | On Loan: No      |
| State of Florida                                                                 | State of Florida Board of Education, Public Education Capital Outlay, Series 2020B                                                                | CUSIP: 34153QTS5<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |    500000 | PA      | $532192.10    | 0.06%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Municipal Power Agency                                                   | Florida Municipal Power Agency, St. Lucie Project, Series 2021B                                                                                   | CUSIP: 342816T54<br>LEI: 549300M3I10QJUPNU131 | Long             | DBT              | MUN               | US        |   2540000 | PA      | $2725371.49   | 0.33%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida Department of Transportation Turnpike System, Series 2024A                                                                       | CUSIP: 343137RR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3373995.30   | 0.40%             | 2029-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Florida Department of Transportation Turnpike System Revenue            | State of Florida Department of Transportation Turnpike System, Series 2025A                                                                       | CUSIP: 343137WA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1093342.90   | 0.13%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Pierce Utilities Authority                                                  | Fort Pierce Utilities Authority, Series 2022A                                                                                                     | CUSIP: 348430PD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $425648.28    | 0.05%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Pierce Utilities Authority                                                  | Fort Pierce Utilities Authority, Series 2022A                                                                                                     | CUSIP: 348430PE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $516670.56    | 0.06%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Worth Independent School District                                           | Fort Worth Independent School District                                                                                                            | CUSIP: 349461FL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2107593.74   | 0.25%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Geisinger Authority                                                              | Geisinger Authority, Health System, Series 2020C                                                                                                  | CUSIP: 368497JY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078418.00   | 0.13%             | 2043-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Georgia                                                                 | State of Georgia, Series 2016F                                                                                                                    | CUSIP: 3733846L5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2049157.40   | 0.25%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Glendale AZ Excise Tax Revenue                                           | City of Glendale Excise Tax                                                                                                                       | CUSIP: 378307BL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $3038156.72   | 0.36%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glenview Park District                                                           | Glenview Park District                                                                                                                            | CUSIP: 379028RY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $306476.10    | 0.04%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glenview Park District                                                           | Glenview Park District                                                                                                                            | CUSIP: 379028SB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $357083.55    | 0.04%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grady County School Finance Authority                                            | Grady County School Finance Authority, Educational Facilities Lease, Minco Public Schools Project                                                 | CUSIP: 384201FY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $394836.11    | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grady County School Finance Authority                                            | Grady County School Finance Authority, Educational Facilities Lease, Minco Public Schools Project                                                 | CUSIP: 384201FZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1241834.12   | 0.15%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Parkway Transportation Corp.                                               | Grand Parkway Transportation Corp., Series 2023                                                                                                   | CUSIP: 38611TDR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6256365.00   | 0.75%             | 2052-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Grundy & Kendall Counties Consolidated Grade School District No. 60-C/IL         | Grundy and Kendall Counties Consolidated Grade School District No. 60-C                                                                           | CUSIP: 400199BU8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1145000 | PA      | $1201512.51   | 0.14%             | 2030-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Territory of Guam                                                                | Territory of Guam, Series 2025G                                                                                                                   | CUSIP: 40065NCW5<br>LEI: N/A                  | Long             | DBT              | MUN               | GU        |    905000 | PA      | $974915.23    | 0.12%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | Harris County-Houston Sports Authority, Second Lien, Series 2024B                                                                                 | CUSIP: 413890HH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1770000 | PA      | $1882521.91   | 0.23%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County-Houston Sports Authority                                           | Harris County-Houston Sports Authority, Series 2001H                                                                                              | CUSIP: 413890JG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1335000 | PA      | $614890.72    | 0.07%             | 2041-11-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2022B                                           | CUSIP: 414009RT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1559306.43   | 0.19%             | 2050-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2024B                                           | CUSIP: 414009SD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1408073.88   | 0.17%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Cultural Education Facilities Finance Corp.                        | Harris County Cultural Education Facilities Finance Corp., Memorial Hermann Health System, Series 2024C                                           | CUSIP: 414009SP6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2139034.60   | 0.26%             | 2054-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | Metropolitan Transit Authority of Harris County Sales and Use Tax, Series A                                                                       | CUSIP: 41422EFS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018011.90   | 0.12%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transit Authority of Harris County Sales & Use Tax Revenue          | Metropolitan Transit Authority of Harris County Sales and Use Tax                                                                                 | CUSIP: 41422EJA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1530000 | PA      | $1643486.83   | 0.20%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hereford Independent School District                                             | Hereford Independent School District, School Building, Unlimited Tax                                                                              | CUSIP: 427128EB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1441296.73   | 0.17%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hereford Independent School District                                             | Hereford Independent School District, School Building, Unlimited Tax                                                                              | CUSIP: 427128EC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1480000 | PA      | $1502178.84   | 0.18%             | 2029-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Highlands County Health Facilities Authority                                     | Highlands County Health Facilities Authority, Adventhealth Obligated Group, Series 2024C                                                          | CUSIP: 431022UL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123312.20   | 0.13%             | 2059-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX                                                               | City of Houston, Series 2024A                                                                                                                     | CUSIP: 442332DN9<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    500000 | PA      | $552827.70    | 0.07%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston Combined Utility System, First Lien, Series 2016B                                                                                 | CUSIP: 44244CGK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $958234.50    | 0.11%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Combined Utility System Revenue                               | City of Houston Combined Utility System, First Lien, Series 2024A                                                                                 | CUSIP: 44244CS40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4348829.82   | 0.52%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | Illinois Housing Development Authority, Series 2024E                                                                                              | CUSIP: 45203MB83<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   4705000 | PA      | $5226285.77   | 0.62%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Illinois Housing Development Authority                                           | Illinois Housing Development Authority, Series 2022E                                                                                              | CUSIP: 45203MHX2<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1405000 | PA      | $1479569.25   | 0.18%             | 2052-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, Lake Zurich Community Unit School District No. 95 Project                                                             | CUSIP: 45204E2C1<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $2175274.12   | 0.26%             | 2032-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | Illinois Finance Authority, University of Chicago Medical Center (The), Series 2025A-1                                                            | CUSIP: 45204FQ57<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3767350.65   | 0.45%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2018A                                                                                                                   | CUSIP: 4521522L4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |     25000 | PA      | $26634.73     | 0.00%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois                                                                                                                                 | CUSIP: 4521526K2<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1644162.59   | 0.20%             | 2030-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017C                                                                                                                   | CUSIP: 452152P21<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1041027.80   | 0.12%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017D                                                                                                                   | CUSIP: 452152P96<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1043178.60   | 0.12%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2017A                                                                                                                   | CUSIP: 452152S51<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2038825.00   | 0.24%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2023B                                                                                                                   | CUSIP: 452153EU9<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1081704.95   | 0.13%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024B                                                                                                                   | CUSIP: 452153JK6<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1582982.85   | 0.19%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | State of Illinois, Series 2024B                                                                                                                   | CUSIP: 452153JL4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4095000 | PA      | $4418507.87   | 0.53%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Indiana University Health Obligated Group, Series 2023B1                                                               | CUSIP: 45470YFL0<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052639.70   | 0.13%             | 2062-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Indiana University Health Obligated Group, Series 2023B-2                                                              | CUSIP: 45470YFM8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2188002.00   | 0.26%             | 2060-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Indiana University Health Obligated Group, Series 2025D-1                                                              | CUSIP: 45470YGD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2697788.25   | 0.32%             | 2064-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Indianapolis Power and Light Co. Project, Series 2021A                                                                 | CUSIP: 455059AK1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | STIV             | MUN               | US        |   7000000 | PA      | $6535848.90   | 0.78%             | 2029-08-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Community Foundation of Northern Indiana Obligated Group                                                               | CUSIP: 45506DA39<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1012773.90   | 0.12%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, State Revolving Fund Program, Series 2021A                                                                             | CUSIP: 45506EBS1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    180000 | PA      | $203752.87    | 0.02%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority                                                        | Indiana Finance Authority, Ascension Senior Credit Group, Series 2025A-1                                                                          | CUSIP: 45506EQF3<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2188620.40   | 0.26%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Utah Power Supply, Series 2022A                                                                                       | CUSIP: 45884AA45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $362828.19    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Intermountain Power Agency                                                       | Intermountain Power Agency, Utah Power Supply, Series 2023A                                                                                       | CUSIP: 45884AE41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1201020.48   | 0.14%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irving Independent School District                                               | Irving Independent School District, Unlimited Tax                                                                                                 | CUSIP: 463813P90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3170000 | PA      | $3346369.29   | 0.40%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Irving Independent School District                                               | Irving Independent School District, Unlimited Tax                                                                                                 | CUSIP: 463813Q40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3745000 | PA      | $4231058.68   | 0.51%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JPMorgan Institutional Tax Free Money Market Fund                                | JPMorgan Institutional Tax Free Money Market Fund, Class IM                                                                                       | CUSIP: 46645V725<br>LEI: 549300UURKD5II8M6J91 | Long             | STIV             | RF                | US        |  44210891 | NS      | $44215312.34  | 5.29%             |  |  |  | No            |                  1 | On Loan: No      |
| Jackson County School District No. R-IV Blue Springs                             | Jackson County School District No. R-IV Blue Springs, Missouri Direct Deposit Program, Series 2019                                                | CUSIP: 467486XC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1398340.86   | 0.17%             | 2039-03-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Jackson State University Educational Building Corp.                              | Jackson State University Educational Building Corp., Series 2021A                                                                                 | CUSIP: 468714FG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $889986.30    | 0.11%             | 2034-03-01      | Fixed         | 1.40%                 | No            |                  2 | On Loan: No      |
| County of Jefferson AL Sewer Revenue                                             | County of Jefferson Sewer, Series 2024                                                                                                            | CUSIP: 472682YV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1111574.91   | 0.13%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Port Authority                                                  | Jefferson County Port Authority, JSW Steel USA Ohio, Inc., Project, Series 2023                                                                   | CUSIP: 473318AB9<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2790000 | PA      | $2861557.92   | 0.34%             | 2053-12-01      | Variable      | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Kane & DeKalb Counties Community Unit School District No. 301 Burlington         | Kane and DeKalb Counties Community Unit School District No. 301 Burlington                                                                        | CUSIP: 483764KA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $362783.62    | 0.04%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2024A                                                                                        | CUSIP: 485424SU0<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3744593.65   | 0.45%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Kansas Department of Transportation                                     | State of Kansas Department of Transportation, Series 2025A                                                                                        | CUSIP: 485424TP0<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   3725000 | PA      | $4082597.02   | 0.49%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 113, Series 2024B                                                                    | CUSIP: 49151F3A6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2099071.39   | 0.25%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 130, Series 2024B                                                                    | CUSIP: 49151F3B4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1510000 | PA      | $1619510.49   | 0.19%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 131, Series A                                                                        | CUSIP: 49151F3T5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $751238.47    | 0.09%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky State Property & Building Commission                                    | Kentucky State Property and Building Commission, Project No. 124, Series A                                                                        | CUSIP: 49151FL65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $562311.05    | 0.07%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lakeland FL Department of Electric Utilities                             | City of Lakeland, Department of Electric Utilities, Series 2010A                                                                                  | CUSIP: 51166FCH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076324.30   | 0.13%             | 2028-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Legacy Denton Public Facility Corp.                                              | Legacy Denton Public Facility Corp., Multifamily Housing Roselawn Village                                                                         | CUSIP: 52474GAC6<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1510818.00   | 0.18%             | 2043-11-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| Lewisville Independent School District                                           | Lewisville Independent School District, Unlimited Tax                                                                                             | CUSIP: 52882PHF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1961962.80   | 0.23%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lone Star College System                                                         | Lone Star College System, Limited Tax, Series 2016                                                                                                | CUSIP: 542264GT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1126154.48   | 0.13%             | 2032-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | Long Island Power Authority, Electric System                                                                                                      | CUSIP: 542691AG5<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    500000 | PA      | $522278.25    | 0.06%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Island Power Authority                                                      | Long Island Power Authority, Electric System, Series 2025B                                                                                        | CUSIP: 542691LD0<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2017275.00   | 0.24%             | 2055-09-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Community College District                                           | Los Angeles Community College District, Election of 2016, Series C-1                                                                              | CUSIP: 54438CYX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151836.90    | 0.02%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | City of Los Angeles Department of Airports, International Airport Subordinate, Series 2018B                                                       | CUSIP: 544445FA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $3114234.47   | 0.37%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Department of Water & Power                                          | Los Angeles Department of Water and Power, Power System, Series 2025A                                                                             | CUSIP: 544532PA6<br>LEI: 549300S8NXV6YU61GG95 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2097741.40   | 0.25%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisa Industrial Development Authority                                          | Louisa Industrial Development Authority, Electric and Power Co. Project, Series 2008A                                                             | CUSIP: 546068AZ0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   2500000 | PA      | $2546977.50   | 0.30%             | 2035-11-01      | Variable      | 3.12%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority, Tulane University of Louisiana Project, Series 2023A                                                       | CUSIP: 546399PX8<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    175000 | PA      | $186710.84    | 0.02%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority, Tulane University of Louisiana Project, Series 2023A                                                       | CUSIP: 546399PY6<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    175000 | PA      | $191022.25    | 0.02%             | 2029-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | Louisiana Public Facilities Authority, Tulane University of Louisiana Project, Series 2023A                                                       | CUSIP: 546399PZ3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    200000 | PA      | $222781.10    | 0.03%             | 2030-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2023A                                                                                                                  | CUSIP: 546417FJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1085000 | PA      | $1225474.73   | 0.15%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Louisiana                                                               | State of Louisiana, Series 2024E                                                                                                                  | CUSIP: 546417KF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $767496.87    | 0.09%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2023A                                                           | CUSIP: 54811BF63<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   2380000 | PA      | $2644576.03   | 0.32%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, LCRA Transmission Services Corp., Project, Series 2022A                                                           | CUSIP: 54811BZD6<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    805000 | PA      | $892780.82    | 0.11%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | Lower Colorado River Authority, Series 2023B                                                                                                      | CUSIP: 54811GM49<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1926323.60   | 0.23%             | 2039-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lubbock TX Electric Light & Power System Revenue                         | City of Lubbock, Electric Light and Power System, Series 2022                                                                                     | CUSIP: 549203XV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1185478.45   | 0.14%             | 2028-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Madison-Macoupin Etc Counties Community College District No. 536/IL              | Madison-Macoupin Etc. Counties Community College District No. 536, Lewis and Clark Community                                                      | CUSIP: 557738PJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2030712.40   | 0.24%             | 2029-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Gas Supply, Series 2023B                                                                                           | CUSIP: 56035DFC1<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3488656.60   | 0.42%             | 2053-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Gas Supply, Series 2024C                                                                                           | CUSIP: 56035DHN5<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1034628.70   | 0.12%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Gas Supply, Series 2024C                                                                                           | CUSIP: 56035DHP0<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053796.80   | 0.13%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Gas Supply, Series 2024C                                                                                           | CUSIP: 56035DHQ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1604772.00   | 0.19%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Gas Supply, Series 2024C                                                                                           | CUSIP: 56035DHT2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   3745000 | PA      | $4075038.99   | 0.49%             | 2054-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas, Inc.                                                    | Main Street Natural Gas, Inc., Gas Supply, Series 2024D                                                                                           | CUSIP: 56035DHZ8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4356486.00   | 0.52%             | 2054-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maine Turnpike Authority                                                         | Maine Turnpike Authority                                                                                                                          | CUSIP: 560551SA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1090947.50   | 0.13%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority, Banner Health, Series 2023A-1                                                                   | CUSIP: 56682HDU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1239677.07   | 0.15%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority, Banner Health, Series 2023A-2                                                                   | CUSIP: 56682HDV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1925000 | PA      | $2013005.80   | 0.24%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | Maricopa County Industrial Development Authority, Banner Health, Series 2023A3                                                                    | CUSIP: 56682HDW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3050000 | PA      | $3340240.44   | 0.40%             | 2053-01-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp.                                          | Maricopa County Pollution Control Corp., Palo Verde Project, Series 2010A                                                                         | CUSIP: 566854EK7<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | STIV             | MUN               | US        |   4500000 | PA      | $4449649.95   | 0.53%             | 2043-06-01      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| Maricopa County Pollution Control Corp.                                          | Maricopa County Pollution Control Corp., Palo Verde Project, Series 2010B                                                                         | CUSIP: 566854EL5<br>LEI: 549300QPXP6T4Y6I1D83 | Long             | STIV             | MUN               | US        |   2150000 | PA      | $2125943.87   | 0.25%             | 2043-06-01      | Variable      | 0.88%                 | No            |                  2 | On Loan: No      |
| Maricopa County Union High School District No. 210-Phoenix                       | Maricopa County Union High School District No. 210-Phoenix, Project of 2023, Series 2025B                                                         | CUSIP: 567505SP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1119070.40   | 0.13%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | State of Maryland, Series 2021-2                                                                                                                  | CUSIP: 574193UN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2243163.80   | 0.27%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Massachusetts                                                    | Commonwealth of Massachusetts, Consolidated Loan of 2025, Series 2025G                                                                            | CUSIP: 57582TFN7<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2699690.50   | 0.32%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | Massachusetts Development Finance Agency, Atrius Health Issue, Series 2019A                                                                       | CUSIP: 57584YSJ9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5979076.40   | 0.71%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Department of Transportation                                       | Massachusetts Department of Transportation, Series 1997A                                                                                          | CUSIP: 576018AL9<br>LEI: 549300CGDCL8XZK3KN03 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1457560.10   | 0.17%             | 2029-01-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Borough of Matanuska-Susitna AK                                                  | Borough of Matanuska-Susitna, Goose Creek Correctional Center Project, Series 2025A                                                               | CUSIP: 576553CJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088278.40   | 0.13%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health Educational and Housing Facility Board of the City of Memphis/the         | Health Educational and Housing Facility Board of the City of Memphis (The), Arbors Hickory Ridge Project, Series 2012                             | CUSIP: 586169EQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4902948 | PA      | $5439923.77   | 0.65%             | 2049-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Metropolitan Council                                                             | Metropolitan Council                                                                                                                              | CUSIP: 591852Z76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3995000 | PA      | $4303646.11   | 0.51%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government of Nashville & Davidson County TN Water & Sewer Revenue  | Metropolitan Government of Nashville and Davidson County Water and Sewer                                                                          | CUSIP: 5920983P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2037907.31   | 0.24%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | Metropolitan Government Nashville and Davidson County, Health and Educational Facilities Board, Northview Project, Series 2023B                   | CUSIP: 592113CR3<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   1000000 | PA      | $1017738.10   | 0.12%             | 2045-02-01      | Variable      | 3.60%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority Dedicated Tax Fund                         | Metropolitan Transportation Authority Dedicated Tax Fund, Series B-2                                                                              | CUSIP: 59259N7D9<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4070969.20   | 0.49%             | 2032-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | Metropolitan Transportation Authority, Green Bond, Series 2017C-1                                                                                 | CUSIP: 59261APW1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2661406.04   | 0.32%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | Metropolitan Transportation Authority, Green Bond, Series 2018B                                                                                   | CUSIP: 59261AWX1<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1019695.80   | 0.12%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | Metropolitan Washington Airports Authority Aviation, Series 2021A                                                                                 | CUSIP: 592647JX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5323577.00   | 0.64%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | Metropolitan Washington Airports Authority Aviation, Series 2024A                                                                                 | CUSIP: 592647MN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1108143.20   | 0.13%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade, Water and Sewer System, Series 2017B                                                                                        | CUSIP: 59334DKB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1893704.39   | 0.23%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade Water and Sewer System, Series 2025B                                                                                         | CUSIP: 59334DQS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4285552.80   | 0.51%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Miami-Dade FL Water & Sewer System Revenue                             | County of Miami-Dade Water and Sewer System, Series 2025B                                                                                         | CUSIP: 59334DQT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4391286.40   | 0.53%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                        | Michigan State Hospital Finance Authority, Trinity Health Credit Group, Series 2008C                                                              | CUSIP: 59465HUQ7<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1597637.28   | 0.19%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Hospital Finance Authority                                        | Michigan State Hospital Finance Authority, Ascension Senior Credit Group, Series 2010F-4                                                          | CUSIP: 59465HXM3<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |    700000 | PA      | $777597.73    | 0.09%             | 2047-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Minnesota                                                               | State of Minnesota, Various Purpose, Series 2018A                                                                                                 | CUSIP: 60412APE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1067253.90   | 0.13%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Business Finance Corp.                                               | Mississippi Business Finance Corp., Pollution Control, Power Co., Project                                                                         | CUSIP: 605277AL6<br>LEI: 549300DYV074JUDKBQ77 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4001832.80   | 0.48%             | 2028-09-01      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| Mississippi Development Bank                                                     | Mississippi Development Bank, Desoto County Mississippi Highway Project, Series 2024A                                                             | CUSIP: 60534XWR3<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1076656.60   | 0.13%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Mississippi Gaming Tax Revenue                                          | State of Mississippi, Gaming Tax, Series 2019A                                                                                                    | CUSIP: 605638BF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1488873.68   | 0.18%             | 2028-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Missouri Highway & Transportation Commission                                     | Missouri Highway and Transportation Commission, Series 2022A                                                                                      | CUSIP: 60636WTF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2685000 | PA      | $2974963.89   | 0.36%             | 2033-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | Health and Educational Facilities Authority of the State of Missouri, Series 2021C                                                                | CUSIP: 60637ATR3<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7916118.00   | 0.95%             | 2052-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Montana Board of Housing                                                         | Montana Board of Housing, Single Family Mortgage, Series 2024A                                                                                    | CUSIP: 61212WXQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $916243.25    | 0.11%             | 2054-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority                               | Montgomery County Industrial Development Authority, Constellation Energy Generation, Series 2023B                                                 | CUSIP: 61361TAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5200000 | PA      | $5455257.60   | 0.65%             | 2029-06-01      | Fixed         | 4.10%                 | No            |                  2 | On Loan: No      |
| County of Montgomery TX                                                          | County of Montgomery, Series 2025A                                                                                                                | CUSIP: 613682BB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081429.80   | 0.13%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | Nebraska Investment Finance Authority, Single Family Housing, Series 2023C                                                                        | CUSIP: 63968MR76<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |   3885000 | PA      | $4129948.08   | 0.49%             | 2053-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hampshire Municipal Bond Bank                                                | New Hampshire Municipal Bond Bank, Series 2020A                                                                                                   | CUSIP: 64465QAJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1870000 | PA      | $2023305.22   | 0.24%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Housing & Mortgage Finance Agency                                     | New Jersey Housing and Mortgage Finance Agency, Multi- Family, Series 2024B                                                                       | CUSIP: 6461084N7<br>LEI: 5493002ONULJL0FIGU24 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1022839.40   | 0.12%             | 2029-05-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement, Series A                                                           | CUSIP: 6461363J8<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3022994.10   | 0.36%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement, Series A                                                           | CUSIP: 6461363L3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5350000 | PA      | $5390006.77   | 0.64%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Federal Highway Reimbursement, Series A                                                           | CUSIP: 6461363Q2<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4783585.83   | 0.57%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority                                   | New Jersey Transportation Trust Fund Authority, Transportation System, Series 2006C                                                               | CUSIP: 646136ET4<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2651864.10   | 0.32%             | 2030-12-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Finance Authority                                                     | New Mexico Finance Authority, State Transportation, Subordinate Lien, Series 2018A                                                                | CUSIP: 64711RMD5<br>LEI: 549300L6217Y7X40SP94 | Long             | DBT              | MUN               | US        |   5080000 | PA      | $5405821.55   | 0.65%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | City of New York, Fiscal Year 2026, Series 2026B, Subseries B-1                                                                                   | CUSIP: 64966SPY6<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $2047513.68   | 0.24%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Industrial Development Agency                                      | New York City Industrial Development Agency, Yankee Stadium LLC Project, Series 2020A                                                             | CUSIP: 64971PKA2<br>LEI: 549300XR20ZR5DHL9534 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1756386.72   | 0.21%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Municipal Water Finance Authority                                  | New York City Municipal Water Finance Authority, Water and Sewer System, Second General Resolution, Fiscal Year 2021, Series 2021, Subseries CC-2 | CUSIP: 64972GYM0<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   3410000 | PA      | $3488004.43   | 0.42%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2024, Series 2024G, Subseries G-1                      | CUSIP: 64972JHJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    405000 | PA      | $418822.53    | 0.05%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Fiscal Year 2025, Series 2025A, Subseries A-1                                   | CUSIP: 64972JJM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2526786.45   | 0.30%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025F, Subseries F-1                      | CUSIP: 64972JPX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123016.20   | 0.13%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025H, Sub H-1                            | CUSIP: 64972JSN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1123016.20   | 0.13%             | 2030-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Transitional Finance Authority Future Tax Secured Revenue          | New York City Transitional Finance Authority, Future Tax Secured, Subordinate, Fiscal Year 2025, Series 2025-J, Subseries J-1                     | CUSIP: 64972JTY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3298219.50   | 0.39%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series 2025A                                                              | CUSIP: 64985SDA8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2205456.40   | 0.26%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | New York State Housing Finance Agency, State Personal Income Tax, Series 2024B-2                                                                  | CUSIP: 649870PG1<br>LEI: 5493000LS7KCDB02O506 | Long             | STIV             | MUN               | US        |   1500000 | PA      | $1516529.70   | 0.18%             | 2054-12-15      | Variable      | 3.35%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Sales Tax, Series 2024B                                                                                       | CUSIP: 64990AWB7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   6140000 | PA      | $6848563.37   | 0.82%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Personal Income Tax, Series 2017B-2                                                                           | CUSIP: 64990FFX7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1951404.56   | 0.23%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Personal Income Tax, General Purpose, Series 2021A                                                      | CUSIP: 64990FZK3<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    535000 | PA      | $608858.09    | 0.07%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, State Personal Income Tax, General Purpose, Series 2025C                                                      | CUSIP: 64990KHK2<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1138052.50   | 0.14%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, St. John's University, Series 2021A                                                                           | CUSIP: 65000BAJ7<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |    875000 | PA      | $929014.10    | 0.11%             | 2030-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, School Districts Financing Program, Series 2020A                                                              | CUSIP: 65000BQU5<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5065000 | PA      | $5413936.46   | 0.65%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York State Dormitory Authority                                               | New York State Dormitory Authority, Series 2024A                                                                                                  | CUSIP: 65000BW79<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   5800000 | PA      | $6236019.64   | 0.75%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Empire State Development Corp.                                                   | Empire State Development Corp., State Personal Income Tax, Series 2017C                                                                           | CUSIP: 6500356R4<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   1115000 | PA      | $1159726.44   | 0.14%             | 2032-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norfolk Economic Development Authority                                           | Norfolk Economic Development Authority, Sentara Healthcare, Series 2018A                                                                          | CUSIP: 65588TAS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2335917.73   | 0.28%             | 2048-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 57-A                                                                      | CUSIP: 65820BBF2<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   1495000 | PA      | $1716218.89   | 0.21%             | 2056-01-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | North Carolina Housing Finance Agency, Homeownership-1998 Trust, Series 58-A                                                                      | CUSIP: 65820BCH7<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $8174020.40   | 0.98%             | 2056-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | North Carolina Housing Finance Agency, Series 2024                                                                                                | CUSIP: 65821BAM7<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   4025000 | PA      | $4221677.60   | 0.50%             | 2029-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | North Dakota Housing Finance Agency, Home Mortgage Finance Program, Series 2025A                                                                  | CUSIP: 65889BCG7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1119304.00   | 0.13%             | 2056-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Borough of North Slope AK                                                        | Borough of North Slope                                                                                                                            | CUSIP: 662523X87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2226595.40   | 0.27%             | 2030-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Texas Tollway Authority                                                    | North Texas Tollway Authority, First Tier, Series A                                                                                               | CUSIP: 66285WWG7<br>LEI: PQGZGRE0F2WPMYQQ1B78 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2524071.50   | 0.30%             | 2033-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Northampton PA                                                         | County of Northampton, Series 2019A                                                                                                               | CUSIP: 663532JT7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $921148.62    | 0.11%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Northville Public Schools                                                        | Northville Public Schools, School Building and Site, Series 2019-II                                                                               | CUSIP: 667230UH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $634581.12    | 0.08%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northville Public Schools                                                        | Northville Public Schools, School Building and Site, Series 2019-II                                                                               | CUSIP: 667230UJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $270607.30    | 0.03%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Northwest Independent School District                                            | Northwest Independent School District, Unlimited Tax, Series 2024A                                                                                | CUSIP: 667826FN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1079624.80   | 0.13%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Common School, Series 2023A                                                                                                        | CUSIP: 677523FV9<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   7920000 | PA      | $8161020.65   | 0.98%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2025A                                                                                           | CUSIP: 677523KK7<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083796.00   | 0.13%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Infrastructure Improvement, Series 2025A                                                                                           | CUSIP: 677523KL5<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1109705.30   | 0.13%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Ohio                                                                    | State of Ohio, Capital Facilities Lease Appropriation, Park and Recreation Improvement Fund Project, Series 2025A                                 | CUSIP: 677523PK2<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   3720000 | PA      | $4101105.44   | 0.49%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ohio Turnpike & Infrastructure Commission                                        | Ohio Turnpike and Infrastructure Commission, Series 2018A                                                                                         | CUSIP: 67760HLR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051755.00   | 0.13%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma County Independent School District No. 52 Midwest City-Del City         | Oklahoma County Independent School District No. 52 Midwest City-Del City, Series 2024                                                             | CUSIP: 678807RQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2076999.80   | 0.25%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Panther Valley School District                                                   | Panther Valley School District                                                                                                                    | CUSIP: 698912PX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $746021.93    | 0.09%             | 2026-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Panther Valley School District                                                   | Panther Valley School District                                                                                                                    | CUSIP: 698912PY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $669525.69    | 0.08%             | 2027-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Panther Valley School District                                                   | Panther Valley School District                                                                                                                    | CUSIP: 698912PZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $292440.00    | 0.03%             | 2028-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Panther Valley School District                                                   | Panther Valley School District                                                                                                                    | CUSIP: 698912QA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $290162.10    | 0.03%             | 2029-10-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Patriots Energy Group Financing Agency                                           | Patriots Energy Group Financing Agency, Series 2023 Subseries B-1                                                                                 | CUSIP: 70342PAR5<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   3665000 | PA      | $4011818.95   | 0.48%             | 2054-02-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority                            | Pennsylvania Economic Development Financing Authority, Waste Management, Inc., Project, Series 2021A-2                                            | CUSIP: 708692BZ0<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   5000000 | PA      | $5026765.50   | 0.60%             | 2046-10-01      | Variable      | 4.60%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2024 -147A                                                                    | CUSIP: 70879QC50<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |    988361 | PA      | $1104437.79   | 0.13%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2023-141A                                                                     | CUSIP: 70879QSZ7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1211776.62   | 0.14%             | 2053-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2024-146A                                                                     | CUSIP: 70879QXV0<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2940000 | PA      | $3262254.58   | 0.39%             | 2054-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | Pennsylvania Housing Finance Agency, Single Family Mortgage, Series 2025-150A                                                                     | CUSIP: 70879QZ71<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1161827.10   | 0.14%             | 2055-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2023                                                                                                         | CUSIP: 70914P2C5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $711916.40    | 0.09%             | 2029-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2024-1                                                                                                       | CUSIP: 70914P3U4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5875000 | PA      | $6551650.19   | 0.78%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2024-1                                                                                                       | CUSIP: 70914P3V2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4538641.20   | 0.54%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | Commonwealth of Pennsylvania, Series 2025A                                                                                                        | CUSIP: 70914P4N9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1068384.80   | 0.13%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Motor License Fund, Enhanced, Subordinate, Series 2017-3                                                        | CUSIP: 709224B99<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1370000 | PA      | $1436076.47   | 0.17%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Series 2019                                                                                                     | CUSIP: 709224L72<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $4201349.10   | 0.50%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Turnpike Commission                                                 | Pennsylvania Turnpike Commission, Subordinate, Series 2021B                                                                                       | CUSIP: 709225DG8<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1074737.92   | 0.13%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peoria County Community Unit School District No. 309 Brimfield                   | Peoria County Community Unit School District No. 309 Brimfield                                                                                    | CUSIP: 713125AZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $420641.55    | 0.05%             | 2028-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peoria County Community Unit School District No. 309 Brimfield                   | Peoria County Community Unit School District No. 309 Brimfield                                                                                    | CUSIP: 713125BA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $248400.24    | 0.03%             | 2029-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peoria County Community Unit School District No. 309 Brimfield                   | Peoria County Community Unit School District No. 309 Brimfield                                                                                    | CUSIP: 713125BB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    375000 | PA      | $388290.94    | 0.05%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Peoria Public Building Commission                                                | Peoria Public Building Commission, Series 2019A                                                                                                   | CUSIP: 71323MEK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1455000 | PA      | $1517965.56   | 0.18%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA                                                          | City of Philadelphia, Series 2025C                                                                                                                | CUSIP: 717813C56<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1111628.40   | 0.13%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plano Independent School District                                                | Plano Independent School District, Unlimited Tax                                                                                                  | CUSIP: 727199E23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1082608.90   | 0.13%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Polk County School District                                                      | Polk County School District, Sales Tax                                                                                                            | CUSIP: 731127CZ7<br>LEI: 549300N07FMPTRZO0044 | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1114121.62   | 0.13%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port Authority of New York & New Jersey                                          | Port Authority of New York and New Jersey, Consolidated, Series 246                                                                               | CUSIP: 73358XNG3<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5182166.50   | 0.62%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Portland OR Airport Revenue                                              | Port of Portland, International Airport, Series 26A                                                                                               | CUSIP: 735240T45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $338126.09    | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | Port of Seattle, Intermediate Lien, Series C                                                                                                      | CUSIP: 735389WF1<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |    500000 | PA      | $500616.00    | 0.06%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                     | County of Prince George's, Consolidated Public Improvement, Series 2020A                                                                          | CUSIP: 7417016K7<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064567.20   | 0.13%             | 2032-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kentucky Public Energy Authority                                                 | Kentucky Public Energy Authority, Gas Supply, Series 2023A-1                                                                                      | CUSIP: 74440DEC4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   3335000 | PA      | $3668661.41   | 0.44%             | 2054-04-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority, Astro Texas Land Projects                                                                                               | CUSIP: 74442PL86<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    491130 | PA      | $492034.58    | 0.06%             | 2036-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority, Maniilaq Association Employee Housing Project                                                                           | CUSIP: 74442PV51<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1555000 | PA      | $1695243.43   | 0.20%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | Public Finance Authority, Maniilaq Association Employee Housing Project                                                                           | CUSIP: 74442PV69<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $827093.70    | 0.10%             | 2031-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | Commonwealth of Puerto Rico, Series 2022A-1                                                                                                       | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | PR        |   1045000 | PA      | $1069328.02   | 0.13%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corp. Sales Tax Revenue                          | Puerto Rico Sales Tax Financing Corp. Sales Tax, Series A-1                                                                                       | CUSIP: 74529JQD0<br>LEI: N/A                  | Long             | DBT              | MUN               | PR        |   4500000 | PA      | $4054038.30   | 0.48%             | 2029-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Commerce Corp.                                                      | Rhode Island Commerce Corp., Department of Transportation, Series 2016B                                                                           | CUSIP: 762232AL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50367.21     | 0.01%             | 2026-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rhode Island Health and Educational Building Corp.                               | Rhode Island Health and Educational Building Corp., Brown university Health, Series 2026B                                                         | CUSIP: 762244PD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107897.70   | 0.13%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Round Rock Independent School District                                           | Round Rock Independent School District, Unlimited Tax, Series 2025A                                                                               | CUSIP: 779240RD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1668242.10   | 0.20%             | 2044-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Royal Oak MI                                                             | City of Royal Oak, Limited Tax, Capital Improvement                                                                                               | CUSIP: 780464LM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $643178.88    | 0.08%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Royal Oak MI                                                             | City of Royal Oak, Limited Tax, Capital Improvement                                                                                               | CUSIP: 780464LN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $259052.39    | 0.03%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S & S Consolidated Independent School District                                   | S&S Consolidated Independent School District                                                                                                      | CUSIP: 783852BQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    580000 | PA      | $596952.07    | 0.07%             | 2028-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Parish of St. John the Baptist LA                                                | Parish of St. John the Baptist, Marathon Oil Corp., Project, Series 2017C                                                                         | CUSIP: 79020FBB1<br>LEI: N/A                  | Long             | STIV             | MUN               | US        |   4000000 | PA      | $4069449.20   | 0.49%             | 2037-06-01      | Variable      | 3.30%                 | No            |                  2 | On Loan: No      |
| City of St Louis MO Airport Revenue                                              | City of St. Louis Airport, Series 2007A                                                                                                           | CUSIP: 791638XV6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2635000 | PA      | $2661302.57   | 0.32%             | 2026-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX                                                           | City of San Antonio, Series 2024                                                                                                                  | CUSIP: 79623PQW8<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |    600000 | PA      | $663615.78    | 0.08%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio Electric and Gas Systems, Series 2024D                                                                                        | CUSIP: 79625GLD3<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1107255.70   | 0.13%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio Electric and Gas Systems, Series 2025B                                                                                        | CUSIP: 79625GMJ9<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6489772.80   | 0.78%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Antonio TX Electric & Gas Systems Revenue                            | City of San Antonio Electric and Gas Systems, Series 2026A                                                                                        | CUSIP: 79625GNT6<br>LEI: 5493002G2FEH20Q4GQ04 | Long             | STIV             | MUN               | US        |   2000000 | PA      | $2017817.20   | 0.24%             | 2055-02-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Sandoval NM                                                            | County of Sandoval                                                                                                                                | CUSIP: 80004PEY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $657093.13    | 0.08%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Shelby County Health Educational & Housing Facilities Board                      | Shelby County Health Educational and Housing Facilities Board, Baptism Memorial Health Obligated Group, Series 2025B                              | CUSIP: 821691AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1086761.90   | 0.13%             | 2044-09-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Skokie IL                                                             | Village of Skokie                                                                                                                                 | CUSIP: 830728TU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1550000 | PA      | $1663213.40   | 0.20%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority, Bon Secours Mercy Health, Inc., Series 2025B-1                                                | CUSIP: 83703EMV4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3311058.00   | 0.40%             | 2055-11-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | South Carolina Jobs-Economic Development Authority, Mcleod Health Projects                                                                        | CUSIP: 83703FKM3<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1083809.26   | 0.13%             | 2031-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                     | South Carolina State Housing Finance and Development Authority, Series 2026A                                                                      | CUSIP: 83712GBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1481295.01   | 0.18%             | 2031-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | South Carolina Public Service Authority, Santee Cooper, Series 2022B                                                                              | CUSIP: 837151X87<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1053033.80   | 0.13%             | 2029-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Dakota Housing Development Authority                                       | South Dakota Housing Development Authority, Series 2024C                                                                                          | CUSIP: 83756LBH7<br>LEI: 549300G853EK61667C18 | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1679828.09   | 0.20%             | 2055-11-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| City of South Miami Health Facilities Authority, Inc.                            | City of South Miami Health Facilities Authority, Inc., Baptist Health South, Series 2025B                                                         | CUSIP: 838810EM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1970000 | PA      | $2162983.37   | 0.26%             | 2065-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                                   | General Authority of Southcentral Pennsylvania, Hanover Hospital, Inc.                                                                            | CUSIP: 84129NKF5<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1401573.74   | 0.17%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| General Authority of Southcentral Pennsylvania                                   | General Authority of Southcentral Pennsylvania, Wellspan Health Obligated Group, Series 2025A                                                     | CUSIP: 84129NNM7<br>LEI: 549300QBNU5LBV4QX812 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5414915.50   | 0.65%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Community College Area                                                 | Southeast Community College Area, Tax Supported                                                                                                   | CUSIP: 84134TAG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $280595.67    | 0.03%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Community College Area                                                 | Southeast Community College Area, Tax Supported                                                                                                   | CUSIP: 84134TAH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    495000 | PA      | $518016.66    | 0.06%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Community College Area                                                 | Southeast Community College Area, Tax Supported                                                                                                   | CUSIP: 84134TAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    540000 | PA      | $572279.69    | 0.07%             | 2028-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | Southeast Energy Authority A Cooperative District, Project No. 4, Series 2022B-1                                                                  | CUSIP: 84136FBB2<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5254701.50   | 0.63%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeastern Pennsylvania Transportation Authority                               | Southeastern Pennsylvania Transportation Authority, Asset Improvement Program                                                                     | CUSIP: 842039FC8<br>LEI: 98450061A2F3FD36E493 | Long             | DBT              | MUN               | US        |    100000 | PA      | $115683.87    | 0.01%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado            | Southern Ute Indian Tribe of the Southern Ute Reservation of Colorado, Series 2025A                                                               | CUSIP: 844090AD2<br>LEI: 549300X0RZRBWLO0J697 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2799635.00   | 0.33%             | 2035-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Spring Independent School District                                               | Spring Independent School District, Unlimited Tax, Series 2024B                                                                                   | CUSIP: 850001BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1751821.94   | 0.21%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield IL Electric Revenue                                          | City of Springfield Electric, Senior Lien                                                                                                         | CUSIP: 850578UA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5463960.00   | 0.65%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Springfield IL Electric Revenue                                          | City of Springfield Electric, Senior Lien                                                                                                         | CUSIP: 850578UB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2223378.00   | 0.27%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sun Prairie Area School District/WI                                              | Sun Prairie Area School District                                                                                                                  | CUSIP: 866854RR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2544041.25   | 0.30%             | 2028-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tampa Bay Water                                                                  | Tampa Bay Water, Utility System, Series 2001A                                                                                                     | CUSIP: 875128FC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8990468.00   | 1.08%             | 2029-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                       | Tarrant County Cultural Education Facilities Finance Corp., Baylor Scott & White Health Project, Series 2022F                                     | CUSIP: 87638QSG5<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1095547.10   | 0.13%             | 2052-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                       | Tarrant County Cultural Education Facilities Finance Corp., Baylor Scott & White Health Project, Series 2026F                                     | CUSIP: 87638QUF4<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1096455.30   | 0.13%             | 2055-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                       | Tarrant County Cultural Education Facilities Finance Corp., Health Resources System, Series 2025B                                                 | CUSIP: 87638TJT1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3353761.97   | 0.40%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp.                       | Tarrant County Cultural Education Facilities Finance Corp., Health Resources System, Series 2025C                                                 | CUSIP: 87638TJU8<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    960000 | PA      | $1083863.14   | 0.13%             | 2064-11-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Temple Independent School District/TX                                            | Temple Independent School District                                                                                                                | CUSIP: 880081SH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1751465.35   | 0.21%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tennergy Corp./TN                                                                | Tennergy Corp., Gas Supply, Series 2021A                                                                                                          | CUSIP: 880397BW3<br>LEI: 5493008K3JJFBSC4C235 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6700954.00   | 0.80%             | 2051-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| Texas A&M University                                                             | Texas A&M University, Financing System, Series 2017E                                                                                              | CUSIP: 88213AKW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1484879.88   | 0.18%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp. I                               | Texas Municipal Gas Acquisition and Supply Corp. I, Gas Supply, Senior Lien, Series 2008D                                                         | CUSIP: 88256CEX3<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    315000 | PA      | $324270.32    | 0.04%             | 2026-12-15      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition & Supply Corp. IV                                | Texas Municipal Gas Acquisition and Supply Corp. IV, Gas Supply, Series 2023A                                                                     | CUSIP: 88256PAG5<br>LEI: 549300PTUE847QDBBW22 | Long             | DBT              | MUN               | US        |   7800000 | PA      | $8391455.28   | 1.00%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| State of Texas                                                                   | State of Texas, College Student Loan, Series 2023A                                                                                                | CUSIP: 882724F77<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   2470000 | PA      | $2687465.96   | 0.32%             | 2029-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Texas State University System                                                    | Texas State University System, Series 2024                                                                                                        | CUSIP: 88278PG81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2162413.00   | 0.26%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tobacco Settlement Financing Corp.                                               | Tobacco Settlement Financing Corp., Series 2018A                                                                                                  | CUSIP: 888808HD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2230000 | PA      | $2347403.70   | 0.28%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Toledo OH                                                                | City of Toledo, Series 2023                                                                                                                       | CUSIP: 889278ZY6<br>LEI: 549300I365GIDPR4BM68 | Long             | DBT              | MUN               | US        |    445000 | PA      | $453606.75    | 0.05%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Triborough Bridge & Tunnel Authority                                             | Triborough Bridge and Tunnel Authority, Payroll Mobility Tax, Series 2024B                                                                        | CUSIP: 89602HHD2<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7213754.10   | 0.86%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Independent School District No. 1 Tulsa                             | Tulsa County Independent School District No. 1 Tulsa, Series 2025A                                                                                | CUSIP: 899525WS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1064759.00   | 0.13%             | 2030-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | Tulsa County Industrial Authority, Educational Facilities Lease Owasso Public School Project                                                      | CUSIP: 89952PJB2<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2252599.80   | 0.27%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Central Arkansas                                                   | University of Central Arkansas, Student Housing System, Series 2019C                                                                              | CUSIP: 914115Q29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $240525.70    | 0.03%             | 2026-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Central Arkansas                                                   | University of Central Arkansas, Student Housing System, Series 2019C                                                                              | CUSIP: 914115Q37<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180399.58    | 0.02%             | 2027-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Utah (The)                                                         | University of Utah (The), Series 2022B                                                                                                            | CUSIP: 915183Y68<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1066171.40   | 0.13%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Upper St. Clair Township School District                                         | Upper St. Clair Township School District, Series 2019B                                                                                            | CUSIP: 916507RL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $580540.53    | 0.07%             | 2028-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Upper St. Clair Township School District                                         | Upper St. Clair Township School District, Series 2019B                                                                                            | CUSIP: 916507RM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $424038.17    | 0.05%             | 2029-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Van Wert OH                                                            | County of Van Wert, Ohio Hospital Facilities                                                                                                      | CUSIP: 921297AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3362955.90   | 0.40%             | 2049-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| City of Waco TX                                                                  | City of Waco, Combination Tax, Series 2024A                                                                                                       | CUSIP: 929831YE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $2020639.49   | 0.24%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Waco TX                                                                  | City of Waco, Combination Tax, Series 2024A                                                                                                       | CUSIP: 929831YF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2157308.60   | 0.26%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Warren MS                                                              | County of Warren, Gulf Opportunity Zone, International Paper Co., Project                                                                         | CUSIP: 935031AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1056804.70   | 0.13%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington Metropolitan Area Transit Authority                                   | Washington Metropolitan Area Transit Authority, Series 2017B                                                                                      | CUSIP: 938782FJ3<br>LEI: 549300ADKOK76HQMJS30 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $1159996.99   | 0.14%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Washington                                                              | State of Washington, Various Purpose, Series 2024C                                                                                                | CUSIP: 93974ES72<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3079398.30   | 0.37%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington Health Care Facilities Authority                                      | Washington Health Care Facilities Authority, Commonspirit Health, Series 2019B-3                                                                  | CUSIP: 93978HVB8<br>LEI: 549300ZVPWQIL3N5TL85 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15016188.00  | 1.80%             | 2049-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Waukegan IL Water & Sewer System Revenue                                 | City of Waukegan, First Lien, Water and Sewer System, Series 2018C                                                                                | CUSIP: 943011JX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $694012.42    | 0.08%             | 2026-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Waukegan IL Water & Sewer System Revenue                                 | City of Waukegan, First Lien, Water and Sewer System, Series 2018C                                                                                | CUSIP: 943011JY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $725931.76    | 0.09%             | 2027-12-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Travis County Public Utility Agency                                         | West Travis County Public Utility Agency                                                                                                          | CUSIP: 95632CDG1<br>LEI: 549300O1CP7CFGPMMX97 | Long             | DBT              | MUN               | US        |    350000 | PA      | $363168.82    | 0.04%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Valley City Municipal Building Authority                                    | West Valley City Municipal Building Authority                                                                                                     | CUSIP: 95640EHX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    720000 | PA      | $736775.42    | 0.09%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| West Valley City Municipal Building Authority                                    | West Valley City Municipal Building Authority                                                                                                     | CUSIP: 95640EHZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1070000 | PA      | $1096274.28   | 0.13%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Wichita KS                                                               | City of Wichita, Sales Tax, River District Stadium Star Bond Project, Series 2018                                                                 | CUSIP: 967323AJ5<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    465000 | PA      | $471101.17    | 0.06%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Will County Forest Preserve District                                             | Will County Forest Preservation District, Limited Tax                                                                                             | CUSIP: 968661HR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $843008.88    | 0.10%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Housing and Economic Development Authority, Home Ownership             | Wisconsin Housing and Economic Development Authority, Home Ownership, Series 2024C                                                                | CUSIP: 97689QWD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1435000 | PA      | $1590290.25   | 0.19%             | 2055-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| State of Wisconsin                                                               | State of Wisconsin, Series 2025A                                                                                                                  | CUSIP: 97705MS71<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1114094.00   | 0.13%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Advocate Aurora Health Credit Group, Series 2018B-1                                        | CUSIP: 97712JEF6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1290645.76   | 0.15%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | Wisconsin Health and Educational Facilities Authority, Advocate Aurora Health Credit Group, Series 2018C-4                                        | CUSIP: 97712JHE6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1074778.90   | 0.13%             | 2054-08-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County Unified School District No. 202 Turner                          | Wyandotte County Unified School District No. 202 Turner, Series 2019A                                                                             | CUSIP: 982683FJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $324007.52    | 0.04%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County Unified School District No. 202 Turner                          | Wyandotte County Unified School District No. 202 Turner, Series 2019A                                                                             | CUSIP: 982683FL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $418204.60    | 0.05%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N/A                                                                              | U.S. Treasury 10 Year Note                                                                                                                        | CUSIP: N/A<br>LEI: N/A                        | N/A              | DIR              |  | US        |        77 | NC      | $37773.66     | 0.00%             |  |  |  | No            |                  1 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-30

**Name of Applicant:** JPMorgan Trust II

**Signature:** Timothy J. Clemens

**Name of Signer:** Timothy J. Clemens

**Title:** Treasurer and Principal Financial Officer