# EDGAR Filing Document

**Accession Number:** 0000778365
**File Stem:** 0001410368-26-067135
**Filing Date:** 2026-6
**Character Count:** 383110
**Document Hash:** 3110a2881e12333f030528c56e5752fb
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001410368-26-067135.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0001410368-26-067135

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260430

**FILED AS OF DATE**: 20260626

**DATE AS OF CHANGE**: 20260626

**PERIOD START**: 20260731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Eaton Vance Municipals Trust
- **CENTRAL INDEX KEY:** 0000778365

**ORGANIZATION NAME:**
- **EIN:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-04409
- **FILM NUMBER:** 261124764

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

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

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19920703

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** EATON VANCE HIGH YIELD MUNICIPALS TRUST
- **DATE OF NAME CHANGE:** 19910203

## Series and Classes Contracts Data

### Eaton Vance Municipal Opportunities Fund (Series ID: S000032714)

| Class ID   | Class Name                                       | Ticker Symbol   |
|:---|:---|:---|
| C000100969 | Eaton Vance Municipal Opportunities Fund Class A | EMOAX           |
| C000100970 | Eaton Vance Municipal Opportunities Fund Class C | EMOCX           |
| C000100971 | Eaton Vance Municipal Opportunities Fund Class I | EMOIX           |

## Nport-Ex

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited)

------

Closed-End Funds — 0.3%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| BlackRock MuniHoldings California Quality Fund, Inc. | 192815 | &nbsp;&nbsp;$2086258 |
| Total Closed-End Funds<br> (identified cost $2,019,653) |  | &nbsp;&nbsp;**$2086258** |

---

Tax-Exempt Mortgage-Backed Securities — 0.0%<sup>†</sup>

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing — 0.0%<sup>†</sup> | Housing — 0.0%<sup>†</sup> | Housing — 0.0%<sup>†</sup> |
| FRETE 2017-ML01 Trust, (Freddie Mac guaranteed), 4.26%, (30-day SOFR Average + 0.50%), 1/25/33<sup>(1)(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;411 | &nbsp;&nbsp;$410918 |
| Total Tax-Exempt Mortgage-Backed Securities<br> (identified cost $410,925) |  | &nbsp;&nbsp;**$410918** |

---

Tax-Exempt Municipal Obligations — 95.7%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Bond Bank — 0.2% | Bond Bank — 0.2% | Bond Bank — 0.2% |
| Oklahoma Water Resources Board, (State Loan Program), 4.00%, 10/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;$971376 |
| Virginia Resources Authority, (Pooled Financing Program), 4.125%, 11/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;180 | &nbsp;&nbsp;&nbsp;&nbsp; 187629 |
|  |  | &nbsp;&nbsp;**$1159005** |
| Education — 7.8% | Education — 7.8% | Education — 7.8% |
| Arizona Industrial Development Authority, (Equitable School Revolving Fund LLC): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;590 | &nbsp;&nbsp;$622000 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1305910 |
| California Enterprise Development Authority, (Castilleja School Foundation), 4.00%, 6/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;3510 | &nbsp;&nbsp;&nbsp;&nbsp; 3193635 |
| Capital Trust Agency, FL, (Florida Charter Educational Foundation, Inc.), 4.50%, 6/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 259682 |
| Clemson University, SC: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 213868 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 498628 |
| Cobb County Development Authority, GA, (Mt. Bethel Christian Academy), 5.00%, 6/1/35<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1160 | &nbsp;&nbsp;&nbsp;&nbsp; 1192663 |
| Connecticut Health and Educational Facilities Authority, (Area Cooperative Educational Services): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 113113 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 160475 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| Connecticut Health and Educational Facilities Authority, (Fairfield University): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/41 | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$1105110 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1089436 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 427649 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 265177 |
| Connecticut Health and Educational Facilities Authority, (Quinnipiac University): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;455 | &nbsp;&nbsp;&nbsp;&nbsp; 455554 |
| &nbsp;&nbsp;&nbsp;5.25%, 7/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;4905 | &nbsp;&nbsp;&nbsp;&nbsp; 5089736 |
| Connecticut Health and Educational Facilities Authority, (Trinity College): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 165557 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 217170 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;1025 | &nbsp;&nbsp;&nbsp;&nbsp; 1083480 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;960 | &nbsp;&nbsp;&nbsp;&nbsp; 1002312 |
| Florence County, SC, (Savannah Grove Infrastructure), 5.25%, 12/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;2190 | &nbsp;&nbsp;&nbsp;&nbsp; 2284729 |
| Kansas Development Finance Authority, (Kansas State University), 3.00%, 4/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;2315 | &nbsp;&nbsp;&nbsp;&nbsp; 2098683 |
| Kayenta Unified School District No. 27, AZ, 6.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430 | &nbsp;&nbsp;&nbsp;&nbsp; 478703 |
| Massachusetts Development Finance Agency, (Boston University), 4.00%, 10/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1760 | &nbsp;&nbsp;&nbsp;&nbsp; 1686904 |
| Massachusetts Development Finance Agency, (Williams College), 4.00%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1400 | &nbsp;&nbsp;&nbsp;&nbsp; 1341118 |
| Metropolitan Government of Nashville and Davidson County Health and Educational Facilities Board, TN, (Belmont University), 4.00%, 5/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;1960 | &nbsp;&nbsp;&nbsp;&nbsp; 1679013 |
| Pinellas County Educational Facilities Authority, FL, (Pinellas Academy of Math and Science): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 12/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 235773 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/38<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2690 | &nbsp;&nbsp;&nbsp;&nbsp; 2711662 |
| Public Finance Authority, WI, (North Carolina Leadership Academy): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 139749 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/15/49<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 240903 |
| Public Finance Authority, WI, (Roseman University of Health Sciences): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/40<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;795 | &nbsp;&nbsp;&nbsp;&nbsp; 800843 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/50<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1060 | &nbsp;&nbsp;&nbsp;&nbsp; 990810 |
| Public Finance Authority, WI, (Triad Math and Science Academy Co.), 5.25%, 6/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1129021 |
| Sierra Vista Industrial Development Authority, AZ, (American Leadership Academy Johnston), 5.50%, 6/15/36<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3125 | &nbsp;&nbsp;&nbsp;&nbsp; 3058090 |
| Sierra Vista Industrial Development Authority, AZ, (American Leadership Academy), 5.00%, 6/15/44<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1402493 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education (continued) | Education (continued) | Education (continued) |
| South Carolina Jobs-Economic Development Authority, (Furman University), 5.00%, 10/1/39 | $&nbsp;&nbsp;&nbsp;&nbsp;2095 | &nbsp;&nbsp;$2329801 |
| South Carolina Jobs-Economic Development Authority, (R.D. Anderson Applied Technology Center), 5.00%, 4/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;845 | &nbsp;&nbsp;&nbsp;&nbsp; 872156 |
| Troy Capital Resource Corp., NY, (Rensselaer Polytechnic Institute), 4.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1213776 |
| University of Alabama: |  |  |
| &nbsp;&nbsp;&nbsp;3.00%, 6/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;1280 | &nbsp;&nbsp;&nbsp;&nbsp; 1143678 |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;90 | &nbsp;&nbsp;&nbsp;&nbsp; 80053 |
| University of Connecticut: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;2770 | &nbsp;&nbsp;&nbsp;&nbsp; 3183640 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1444123 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1102887 |
| &nbsp;&nbsp;&nbsp;5.00%, 2/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;930 | &nbsp;&nbsp;&nbsp;&nbsp; 1016602 |
| University of Texas System, 5.00%, 8/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;905 | &nbsp;&nbsp;&nbsp;&nbsp; 1060170 |
| Vermont Educational and Health Buildings Financing Agency, (Middlebury College): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1825 | &nbsp;&nbsp;&nbsp;&nbsp; 1991276 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1248755 |
| Virginia College Building Authority, (Regent University), 6.00%, 6/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp; 26308 |
| Washington Housing Finance Commission, (Evergreen School), 4.50%, 7/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;3035 | &nbsp;&nbsp;&nbsp;&nbsp; 2816374 |
|  |  | &nbsp;&nbsp;**$58269248** |
| Electric Utilities — 1.3% | Electric Utilities — 1.3% | Electric Utilities — 1.3% |
| Jonesboro City Water and Light Plant, AR, Public Utility System Revenue, 4.00%, 6/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;$476251 |
| Lower Colorado River Authority, TX, (LCRA Transmission Services Corp.), 5.25%, 5/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1105335 |
| Mesa, AZ, Utility Systems Revenue, 4.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;1030 | &nbsp;&nbsp;&nbsp;&nbsp; 1030177 |
| Missouri Joint Municipal Electric Utility Commission, (MoPEP Facilities), Green Bonds, 5.25%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1105898 |
| South Carolina Public Service Authority: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1655530 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;1870 | &nbsp;&nbsp;&nbsp;&nbsp; 2116223 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;1910 | &nbsp;&nbsp;&nbsp;&nbsp; 2148890 |
|  |  | &nbsp;&nbsp;**$9638304** |
| Escrowed/Prerefunded — 0.0%<sup>†</sup> | Escrowed/Prerefunded — 0.0%<sup>†</sup> | Escrowed/Prerefunded — 0.0%<sup>†</sup> |
| Public Finance Authority, WI, (Roseman University of Health Sciences), Prerefunded to 4/1/30, 5.00%, 4/1/50<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;$53944 |
|  |  | &nbsp;&nbsp;**$53944** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations — 19.4% | General Obligations — 19.4% | General Obligations — 19.4% |
| ABC Unified School District, CA, (Election of 2018), 4.00%, 8/1/47 | $&nbsp;&nbsp;&nbsp;&nbsp;4730 | &nbsp;&nbsp;$4576606 |
| Anne Arundel County, MD: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 10/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;270 | &nbsp;&nbsp;&nbsp;&nbsp; 255267 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2435 | &nbsp;&nbsp;&nbsp;&nbsp; 2708146 |
| &nbsp;&nbsp;&nbsp;5.00%, 10/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1340 | &nbsp;&nbsp;&nbsp;&nbsp; 1381575 |
| Baldwin County, AL, 5.00%, 4/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 246520 |
| Bath Community Schools, MI, 5.00%, 5/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;125 | &nbsp;&nbsp;&nbsp;&nbsp; 136516 |
| Berkeley Unified School District, CA, (Election of 2020), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2710 | &nbsp;&nbsp;&nbsp;&nbsp; 2999679 |
| Beverly Hills Unified School District, CA, (Election of 2018): |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp; 1878188 |
| &nbsp;&nbsp;&nbsp;3.25%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;3805 | &nbsp;&nbsp;&nbsp;&nbsp; 3446066 |
| Bradley, IL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;1210 | &nbsp;&nbsp;&nbsp;&nbsp; 1291783 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp; 608659 |
| Caddo Parish Parishwide School District, LA, 4.00%, 3/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp; 24503 |
| Caledonia Community Schools, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 327638 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 542407 |
| California: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5462219 |
| &nbsp;&nbsp;&nbsp;(LOC: Bank of America, N.A.), 2.25% to 5/7/26 (Put Date), 5/1/48<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 |
| Canton Independent School District, TX, (PSF Guaranteed), 5.25%, 2/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;2395 | &nbsp;&nbsp;&nbsp;&nbsp; 2641717 |
| Cecil County, MD, 4.50%, 8/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;2515 | &nbsp;&nbsp;&nbsp;&nbsp; 2515937 |
| Charter Township of White Lake, MI, 5.00%, 3/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 752230 |
| Chicago Board of Education, IL: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1901290 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;4475 | &nbsp;&nbsp;&nbsp;&nbsp; 4348717 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;935 | &nbsp;&nbsp;&nbsp;&nbsp; 931928 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;5365 | &nbsp;&nbsp;&nbsp;&nbsp; 5326464 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5252105 |
| &nbsp;&nbsp;&nbsp;5.50%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 504106 |
| Connecticut, 5.00%, 8/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1115416 |
| Crestwood School District, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/45<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 214973 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/46<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 319432 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/47<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;&nbsp;&nbsp; 184663 |
| Cromwell, CT, 4.125%, 4/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 482477 |
| Cupertino Union School District, CA, (Election of 2024), 5.75%, 8/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1540109 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Dallas Independent School District, TX, (PSF Guaranteed), 4.25%, 2/15/47 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;$44560 |
| Darien, CT, 4.00%, 4/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 413170 |
| DuPage County School District No. 58, IL, 5.50%, 12/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;2765 | &nbsp;&nbsp;&nbsp;&nbsp; 3100730 |
| East Grand Rapids Public School District, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;595 | &nbsp;&nbsp;&nbsp;&nbsp; 642710 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/52 | &nbsp;&nbsp;&nbsp;&nbsp;2070 | &nbsp;&nbsp;&nbsp;&nbsp; 2159516 |
| East Jackson Community Schools, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640 | &nbsp;&nbsp;&nbsp;&nbsp; 703656 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 271204 |
| East Longmeadow, MA, 3.00%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1365 | &nbsp;&nbsp;&nbsp;&nbsp; 1203902 |
| Flagstaff Unified School District No. 1, AZ, 4.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 104496 |
| Grand Prairie Independent School District, TX, (PSF Guaranteed): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 2/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;1715 | &nbsp;&nbsp;&nbsp;&nbsp; 1716211 |
| &nbsp;&nbsp;&nbsp;4.00%, 2/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000570 |
| Grayson County Junior College District, TX, 4.00%, 2/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;1890 | &nbsp;&nbsp;&nbsp;&nbsp; 1742652 |
| Grosse Pointe Farms, MI, 4.375%, 10/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;605 | &nbsp;&nbsp;&nbsp;&nbsp; 593930 |
| Grosse Pointe Public School System, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 538468 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 535194 |
| Hermiston School District No. 8R, OR, 0.00%, 6/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;2565 | &nbsp;&nbsp;&nbsp;&nbsp; 1214430 |
| Hermosa Beach City School District, CA, (Election of 2024): |  |  |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 161110 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 259167 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 167195 |
| &nbsp;&nbsp;&nbsp;0.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 145268 |
| Huffman Independent School District, TX, (PSF Guaranteed), 5.25%, 2/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp; 2112246 |
| Illinois: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;1785 | &nbsp;&nbsp;&nbsp;&nbsp; 1769995 |
| &nbsp;&nbsp;&nbsp;5.50%, 5/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1980 | &nbsp;&nbsp;&nbsp;&nbsp; 2102897 |
| &nbsp;&nbsp;&nbsp;5.75%, 5/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1755 | &nbsp;&nbsp;&nbsp;&nbsp; 1852236 |
| Islip, NY: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 4/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;695 | &nbsp;&nbsp;&nbsp;&nbsp; 728133 |
| &nbsp;&nbsp;&nbsp;4.125%, 4/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp;&nbsp; 544484 |
| Kenosha County, WI: |  |  |
| &nbsp;&nbsp;&nbsp;1.50%, 9/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 417591 |
| &nbsp;&nbsp;&nbsp;1.50%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;360 | &nbsp;&nbsp;&nbsp;&nbsp; 327496 |
| Knox Warren ETC Counties Community College District No. 518, IL, 5.00%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;1170 | &nbsp;&nbsp;&nbsp;&nbsp; 1170705 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Lafourche Parish School District No. 1, LA: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;$584553 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;570 | &nbsp;&nbsp;&nbsp;&nbsp; 591882 |
| Lincoln Consolidated School District, MI: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;615 | &nbsp;&nbsp;&nbsp;&nbsp; 702369 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 621136 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 558021 |
| Long Beach Community College District, CA: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705 | &nbsp;&nbsp;&nbsp;&nbsp; 780359 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1366163 |
| Los Angeles Unified School District, CA, 5.00%, 7/1/46<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4200 | &nbsp;&nbsp;&nbsp;&nbsp; 4530203 |
| Lynchburg, VA, 2.375%, 8/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1245 | &nbsp;&nbsp;&nbsp;&nbsp; 1012136 |
| Mabank Independent School District, TX, (PSF Guaranteed), 4.00%, 8/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;2635 | &nbsp;&nbsp;&nbsp;&nbsp; 2473976 |
| Mandan Public School District No. 1, ND, 3.00%, 8/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 14513 |
| Maryland, 3.00%, 8/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;55 | &nbsp;&nbsp;&nbsp;&nbsp; 54873 |
| Mecklenburg County, NC, 2.00%, 3/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;1950 | &nbsp;&nbsp;&nbsp;&nbsp; 1645059 |
| Metropolitan District, CT: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 9/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2035968 |
| &nbsp;&nbsp;&nbsp;4.125%, 9/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1925 | &nbsp;&nbsp;&nbsp;&nbsp; 1964675 |
| Miller County School District, GA, 5.00%, 2/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 327079 |
| Montgomery, TX: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/48<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 787310 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/49<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1048120 |
| &nbsp;&nbsp;&nbsp;5.00%, 3/1/50<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 940525 |
| Napa Valley Unified School District, CA, (Election of 2024), 5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1425 | &nbsp;&nbsp;&nbsp;&nbsp; 1531057 |
| New York, NY, 5.25%, 10/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;3455 | &nbsp;&nbsp;&nbsp;&nbsp; 3628732 |
| North Little Rock School District No. 1, AR, 4.25%, 2/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;1165 | &nbsp;&nbsp;&nbsp;&nbsp; 1117370 |
| Oak Grove School District, CA, (Election of 2022): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1092930 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;1080 | &nbsp;&nbsp;&nbsp;&nbsp; 1161669 |
| &nbsp;&nbsp;&nbsp;5.00%, 8/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;485 | &nbsp;&nbsp;&nbsp;&nbsp; 511188 |
| Oklahoma City, OK, 3.00%, 3/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;1640 | &nbsp;&nbsp;&nbsp;&nbsp; 1512044 |
| Oregon City School District No. 62, OR, 5.00%, 6/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;785 | &nbsp;&nbsp;&nbsp;&nbsp; 863065 |
| Peoria County Community Unit School District No. 323, IL, 5.00%, 4/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;&nbsp;&nbsp; 86680 |
| Pioneer School District No. 402, WA, 5.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 211307 |
| Pleasanton Unified School District, CA, (Election of 2022), 4.25%, 8/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;855 | &nbsp;&nbsp;&nbsp;&nbsp; 858332 |
| Portage Community School District, WI, 5.00%, 3/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 53774 |
| Prince George's County, MD, 5.00%, 8/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 366531 |
| Puerto Rico, 0.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;489 | &nbsp;&nbsp;&nbsp;&nbsp; 354937 |
| Richland County, SC, 5.00%, 3/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 709686 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Richmond, VA: |  |  |
| &nbsp;&nbsp;&nbsp;2.00%, 7/15/36 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;$86106 |
| &nbsp;&nbsp;&nbsp;4.00%, 1/15/50 | &nbsp;&nbsp;&nbsp;&nbsp;1735 | &nbsp;&nbsp;&nbsp;&nbsp; 1650629 |
| &nbsp;&nbsp;&nbsp;4.00%, 1/15/51 | &nbsp;&nbsp;&nbsp;&nbsp;1545 | &nbsp;&nbsp;&nbsp;&nbsp; 1458986 |
| &nbsp;&nbsp;&nbsp;4.00%, 1/15/53 | &nbsp;&nbsp;&nbsp;&nbsp;1490 | &nbsp;&nbsp;&nbsp;&nbsp; 1389766 |
| Rockwall County, TX: |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 2/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp; 615659 |
| &nbsp;&nbsp;&nbsp;4.125%, 2/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 272880 |
| Round Rock, TX, 5.00%, 8/15/38<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3330 | &nbsp;&nbsp;&nbsp;&nbsp; 3760092 |
| Salinas Union High School District, CA, (Election of 2020), 5.00%, 8/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 829548 |
| San Diego Unified School District, CA, (Election of 2012), 5.00%, 7/1/44<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1890 | &nbsp;&nbsp;&nbsp;&nbsp; 2215776 |
| San Luis Coastal Unified School District, CA, (Election of 2022), 4.00%, 8/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 98955 |
| Sarpy County School District No. 37, NE, 5.00%, 12/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;1420 | &nbsp;&nbsp;&nbsp;&nbsp; 1423657 |
| Sarpy County School District No. 46, NE, 5.00%, 12/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;1735 | &nbsp;&nbsp;&nbsp;&nbsp; 1830167 |
| Spring Lake Public Schools, MI, 5.00%, 5/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 557987 |
| St. John the Baptist Parish, LA, 5.00%, 3/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 201848 |
| Stearns, MN, Sales Tax Revenue, 4.00%, 12/1/47<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2408034 |
| Storey County School District, NV, (PSF Guaranteed), 4.00%, 6/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp; 165357 |
| Suffolk, VA, 4.00%, 2/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;75 | &nbsp;&nbsp;&nbsp;&nbsp; 76386 |
| Virginia, 4.00%, 6/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 237447 |
| Washington and Clackamas Counties School District No. 23J, OR, 5.00%, 6/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;1875 | &nbsp;&nbsp;&nbsp;&nbsp; 2050250 |
| West Sonoma County Union High School District, CA, (Election of 2018), 5.00%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1315 | &nbsp;&nbsp;&nbsp;&nbsp; 1386233 |
| York School District No. 12, NE, 4.50%, 12/15/48<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 409295 |
|  |  | &nbsp;&nbsp;**$145884538** |
| Hospital — 8.9% | Hospital — 8.9% | Hospital — 8.9% |
| Calhoun County Hospital Finance Authority, MI, (Oaklawn Hospital), 5.00%, 2/15/32 | $&nbsp;&nbsp;&nbsp;&nbsp;1710 | &nbsp;&nbsp;$1719273 |
| Crawford County Hospital Authority, PA, (Meadville Medical Center): |  |  |
| &nbsp;&nbsp;&nbsp;6.00%, 6/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;2660 | &nbsp;&nbsp;&nbsp;&nbsp; 2661306 |
| &nbsp;&nbsp;&nbsp;6.00%, 6/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;4715 | &nbsp;&nbsp;&nbsp;&nbsp; 4715111 |
| Darke County, OH, (Wayne HealthCare), 4.00%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;3455 | &nbsp;&nbsp;&nbsp;&nbsp; 2861207 |
| Fairfax County Industrial Development Authority, VA, (Inova Health System), 4.00%, 5/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;335 | &nbsp;&nbsp;&nbsp;&nbsp; 314855 |
| Illinois Finance Authority, (Northshore University Health System), (SPA: JPMorgan Chase Bank, N.A.), 3.40%, 8/15/49<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000000 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital (continued) | Hospital (continued) | Hospital (continued) |
| Jefferson County Civic Facility Development Corp., NY, (Samaritan Medical Center): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/1/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;505 | &nbsp;&nbsp;$497119 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;1605 | &nbsp;&nbsp;&nbsp;&nbsp; 1569751 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;1375 | &nbsp;&nbsp;&nbsp;&nbsp; 1379303 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;1440 | &nbsp;&nbsp;&nbsp;&nbsp; 1453045 |
| Lancaster County Hospital Authority, PA, (Penn State Health), 5.00%, 11/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1950 | &nbsp;&nbsp;&nbsp;&nbsp; 2018115 |
| Maricopa County Industrial Development Authority, AZ, (Banner Health): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;&nbsp; 978543 |
| &nbsp;&nbsp;&nbsp;4.00%, 1/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;2840 | &nbsp;&nbsp;&nbsp;&nbsp; 2524055 |
| Maryland Health and Higher Educational Facilities Authority, (Johns Hopkins Health System): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;365 | &nbsp;&nbsp;&nbsp;&nbsp; 425241 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 58318 |
| &nbsp;&nbsp;&nbsp;(LOC: TD Bank, N.A.), 3.35%, 6/1/46<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;6000 | &nbsp;&nbsp;&nbsp;&nbsp; 6000000 |
| Metropolitan Government of Nashville and Davidson County Health and Educational Facilities Board, TN, (Vanderbilt University Medical Center), 5.00%, 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;1635 | &nbsp;&nbsp;&nbsp;&nbsp; 1788585 |
| Michigan Finance Authority, (Henry Ford Health System), 4.00%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1793691 |
| Michigan Finance Authority, (McLaren Health Care), 4.00%, 2/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;6165 | &nbsp;&nbsp;&nbsp;&nbsp; 5479150 |
| Michigan Finance Authority, (Trinity Health Credit Group), 4.00%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 2618433 |
| Missouri Health and Educational Facilities Authority, (Mercy Health): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;3100 | &nbsp;&nbsp;&nbsp;&nbsp; 2777792 |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/49 | &nbsp;&nbsp;&nbsp;&nbsp;2640 | &nbsp;&nbsp;&nbsp;&nbsp; 2366083 |
| New Jersey Health Care Facilities Financing Authority, (Inspira Health Obligated Group), 5.00%, 7/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 473392 |
| Oroville, CA, (Oroville Hospital): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;1705 | &nbsp;&nbsp;&nbsp;&nbsp; 1261700 |
| &nbsp;&nbsp;&nbsp;5.25%, 4/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 1224000 |
| South Carolina Jobs-Economic Development Authority, (Beaufort Memorial Hospital & South of Broad Healthcare): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 475129 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 423263 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;375 | &nbsp;&nbsp;&nbsp;&nbsp; 394315 |
| Spartanburg Regional Health Services District, Inc., SC, 4.00%, 4/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;2935 | &nbsp;&nbsp;&nbsp;&nbsp; 2784916 |
| University of Wisconsin Hospitals and Clinics Authority, 4.25%, 4/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;2425 | &nbsp;&nbsp;&nbsp;&nbsp; 2382372 |
| Virginia Small Business Financing Authority, (Bon Secours Mercy Health, Inc.), 4.00%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;1220 | &nbsp;&nbsp;&nbsp;&nbsp; 1046527 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Hospital (continued) | Hospital (continued) | Hospital (continued) |
| Virginia Small Business Financing Authority, (Carilion Clinic Obligated Group), (LOC: Truist Bank), 3.40%, 7/1/42<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$2000000 |
| Wisconsin Health and Educational Facilities Authority, (Ascension Senior Credit Group): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;3290 | &nbsp;&nbsp;&nbsp;&nbsp; 3054480 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 5/15/26, 4.00%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;3220 | &nbsp;&nbsp;&nbsp;&nbsp; 3221631 |
| &nbsp;&nbsp;&nbsp;Prerefunded to 5/15/26, 4.00%, 11/15/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp; 30015 |
|  |  | &nbsp;&nbsp;**$66770716** |
| Housing — 9.7% | Housing — 9.7% | Housing — 9.7% |
| Alabama Housing Finance Authority, SFMR, (FHLMC), (FNMA), (GNMA), 4.45%, 10/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;1410 | &nbsp;&nbsp;$1414567 |
| Alaska Housing Finance Corp., 4.65%, 6/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 542133 |
| California Municipal Finance Authority, (CHF-Riverside II, LLC), 5.00%, 5/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;1825 | &nbsp;&nbsp;&nbsp;&nbsp; 1893104 |
| Connecticut Housing Finance Authority, (Augustus Manor Associates), (FNMA), 4.80%, 10/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2106168 |
| Connecticut Housing Finance Authority, (Housing Mortgage Finance Program): |  |  |
| &nbsp;&nbsp;&nbsp;0.75%, 11/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 596244 |
| &nbsp;&nbsp;&nbsp;1.10%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;2850 | &nbsp;&nbsp;&nbsp;&nbsp; 2598508 |
| &nbsp;&nbsp;&nbsp;(SPA: TD Bank, N.A.), 3.09%, 11/15/48<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000000 |
| &nbsp;&nbsp;&nbsp;(SPA: TD Bank, N.A.), 3.09%, 11/15/50<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2500000 |
| Delaware State Housing Authority, (FHLMC), (FNMA), (GNMA), 4.45%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 200775 |
| Douglas County Housing Authority, GA, (Astoria at Crystal Lake), (FNMA), 4.375%, 4/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2820 | &nbsp;&nbsp;&nbsp;&nbsp; 2813303 |
| Georgia Housing and Finance Authority, 2.40%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;2120 | &nbsp;&nbsp;&nbsp;&nbsp; 1663475 |
| Indiana Housing and Community Development Authority, SFMR: |  |  |
| &nbsp;&nbsp;&nbsp;(Liq: TD Bank, N.A.), 3.35%, 7/1/47<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000000 |
| &nbsp;&nbsp;&nbsp;(Liq: TD Bank, N.A.), 3.35%, 7/1/47<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 2300000 |
| Inlivian, NC, (Barton South), (FNMA), 5.05%, 2/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1395 | &nbsp;&nbsp;&nbsp;&nbsp; 1482781 |
| King County Housing Authority, WA, 5.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;320 | &nbsp;&nbsp;&nbsp;&nbsp; 335240 |
| Louisiana Housing Corp., SFMR, (FHLMC), (FNMA), (GNMA), 4.50%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;2085 | &nbsp;&nbsp;&nbsp;&nbsp; 2065472 |
| Maine Housing Authority, Social Bonds, 4.50%, 11/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;110 | &nbsp;&nbsp;&nbsp;&nbsp; 109037 |
| Maricopa County and Phoenix Industrial Development Authorities, AZ: |  |  |
| &nbsp;&nbsp;&nbsp;(FHLMC), (FNMA), (GNMA), 4.625%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;670 | &nbsp;&nbsp;&nbsp;&nbsp; 676723 |
| &nbsp;&nbsp;&nbsp;(FHLMC), (FNMA), (GNMA), 4.65%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp; 996126 |
| Maryland Community Development Administration, (Villages at Marley Station), Sustainability Bonds, (FNMA), 4.35%, 2/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp; 1957406 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing (continued) | Housing (continued) | Housing (continued) |
| Maryland Department of Housing and Community Development Administration: |  |  |
| &nbsp;&nbsp;&nbsp;Green Bonds, 4.45%, 7/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;2860 | &nbsp;&nbsp;$2872541 |
| &nbsp;&nbsp;&nbsp;Social Bonds, (FHLMC), (FNMA), (GNMA), 4.55%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 285391 |
| Metropolitan Government of Nashville and Davidson County Health and Educational Facilities Board, TN, (Trinity Flats Apartments), (FNMA), 5.10%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 622985 |
| Michigan Housing Development Authority, SFMR: |  |  |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.35%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2008058 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.45%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 546263 |
| &nbsp;&nbsp;&nbsp;Social Bonds, 4.50%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;2110 | &nbsp;&nbsp;&nbsp;&nbsp; 2158872 |
| Missouri Housing Development Commission, (FHLMC), (FNMA), (GNMA), 2.55%, 11/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1223613 |
| Nebraska Investment Finance Authority: |  |  |
| &nbsp;&nbsp;&nbsp;Social Bonds, (FHLMC), (FNMA), (GNMA), 2024 Series G, 4.55%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 120101 |
| &nbsp;&nbsp;&nbsp;Social Bonds, (FHLMC), (FNMA), GNMA), 4.70%, 9/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 313034 |
| Nevada Housing Division, (FHLMC), (FNMA), GNMA), 4.65%, 10/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 496262 |
| New Mexico Mortgage Finance Authority, (Single Family Mortgage Program), (FHLMC), (FNMA), (GNMA), 3.00%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;1090 | &nbsp;&nbsp;&nbsp;&nbsp; 838593 |
| New York City Housing Development Corp., NY, Sustainable Development Bonds, 2.85%, 11/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2975 | &nbsp;&nbsp;&nbsp;&nbsp; 2511489 |
| North Carolina Housing Finance Agency, (FHLMC), (FNMA), (GNMA), (SPA: TD Bank, N.A.), 3.35%, 7/1/49<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2400 | &nbsp;&nbsp;&nbsp;&nbsp; 2400000 |
| North Dakota Housing Finance Agency, Social Bonds, 4.50%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2200 | &nbsp;&nbsp;&nbsp;&nbsp; 2219655 |
| Norwalk Housing Authority, CT, (Monterey Village Apartments), (FNMA), 4.40%, 9/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1685 | &nbsp;&nbsp;&nbsp;&nbsp; 1692201 |
| Pennsylvania Housing Finance Agency, SFMR, Social Bonds, 4.45%, 10/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 1998776 |
| Phoenix Industrial Development Authority, AZ, (Downtown Phoenix Student Housing II, LLC - Arizona State University), 5.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;1235 | &nbsp;&nbsp;&nbsp;&nbsp; 1252181 |
| Phoenix Industrial Development Authority, AZ, (Downtown Phoenix Student Housing, LLC - Arizona State University), 5.00%, 7/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 316474 |
| Public Finance Authority, WI, (NC A&T Real Estate Foundation, LLC): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;2560 | &nbsp;&nbsp;&nbsp;&nbsp; 2620979 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1595 | &nbsp;&nbsp;&nbsp;&nbsp; 1611563 |
| South Carolina Housing Finance and Development Authority, 4.60%, 7/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;2370 | &nbsp;&nbsp;&nbsp;&nbsp; 2336601 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Housing (continued) | Housing (continued) | Housing (continued) |
| South Carolina Jobs-Economic Development Authority, (Foothill Affordable Housing Foundation - Paddock Club and Fairways), (FHLMC), 4.00% to 3/1/35 (Put Date), 3/1/62 | $&nbsp;&nbsp;&nbsp;&nbsp;2480 | &nbsp;&nbsp;$2503024 |
| South Carolina Jobs-Economic Development Authority, (Sixteenth Floor Obligated Group), 5.00%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;5915 | &nbsp;&nbsp;&nbsp;&nbsp; 6227024 |
| Utah Housing Corp., (Promontory Place Apartments), (FNMA), 4.69%, 2/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1485 | &nbsp;&nbsp;&nbsp;&nbsp; 1529038 |
| Vancouver Housing Authority, WA, (Esther Short), 4.50%, 10/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2048819 |
| Virginia Housing Development Authority, 5.125%, 11/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 157357 |
|  |  | &nbsp;&nbsp;**$73161956** |
| Industrial Development Revenue — 4.5% | Industrial Development Revenue — 4.5% | Industrial Development Revenue — 4.5% |
| Burke County Development Authority, GA, (Georgia Power Co. Plant Vogtle), 3.50%, 7/1/49<sup>(5)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;$5000000 |
| California Municipal Finance Authority, (Waste Management, Inc.), (AMT), 3.45% to 12/1/26 (Put Date), 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1002516 |
| Houston, TX, (United Airlines, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 7/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;2545 | &nbsp;&nbsp;&nbsp;&nbsp; 2585501 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.50%, 7/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp; 4030334 |
| Luzerne County Industrial Development Authority, PA, (Pennsylvania-American Water Co.), (AMT), 2.45% to 12/3/29 (Put Date), 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2670 | &nbsp;&nbsp;&nbsp;&nbsp; 2519948 |
| National Finance Authority, NH, (Covanta), Green Bonds, (AMT), 3.75% to 7/2/40 (Put Date), 7/1/45<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5500 | &nbsp;&nbsp;&nbsp;&nbsp; 4481251 |
| New Jersey Economic Development Authority, (Continental Airlines), (AMT), 5.625%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 15022 |
| New York State Environmental Facilities Corp., (Casella Waste Systems, Inc.), (AMT), 2.875% to 12/3/29 (Put Date), 12/1/44<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1175 | &nbsp;&nbsp;&nbsp;&nbsp; 1144652 |
| New York Transportation Development Corp., (Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5096032 |
| &nbsp;&nbsp;&nbsp;(AMT), 6.00%, 4/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;1385 | &nbsp;&nbsp;&nbsp;&nbsp; 1523686 |
| Public Finance Authority, WI, (Waste Management, Inc.), (AMT), 1.10% to 6/1/26 (Put Date), 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;6500 | &nbsp;&nbsp;&nbsp;&nbsp; 6487431 |
|  |  | &nbsp;&nbsp;**$33886373** |
| Insured - Education — 1.0% | Insured - Education — 1.0% | Insured - Education — 1.0% |
| Eastern Michigan University: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 3/1/41 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;$266956 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp; 831457 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 3/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1240 | &nbsp;&nbsp;&nbsp;&nbsp; 1327777 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 3/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1280 | &nbsp;&nbsp;&nbsp;&nbsp; 1360364 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Education (continued) | Insured - Education (continued) | Insured - Education (continued) |
| Eastern Michigan University: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.25%, 3/1/50 | $&nbsp;&nbsp;&nbsp;&nbsp;1840 | &nbsp;&nbsp;$1929868 |
| Louisiana Local Government Environmental Facilities and Community Development Authority, (Calcasieu Parish School), (BAM), 4.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp;&nbsp; 509385 |
| Louisiana Public Facilities Authority, (South Quad L3C-Louisiana University South Quad), (AG), 5.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 766665 |
| State Public School Building Authority, PA, (Delaware County Community College), (BAM), 5.00%, 10/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;165 | &nbsp;&nbsp;&nbsp;&nbsp; 177032 |
| Western Michigan University, (AG), 5.00%, 11/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 63632 |
|  |  | &nbsp;&nbsp;**$7233136** |
| Insured - Electric Utilities — 0.7% | Insured - Electric Utilities — 0.7% | Insured - Electric Utilities — 0.7% |
| Muscatine Power and Water, IA, Electric Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;$643714 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 707554 |
| Puerto Rico Electric Power Authority: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 7/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 281145 |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.25%, 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1110 | &nbsp;&nbsp;&nbsp;&nbsp; 1121791 |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.25%, 7/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;530 | &nbsp;&nbsp;&nbsp;&nbsp; 536540 |
| &nbsp;&nbsp;&nbsp;(NPFG), 5.25%, 7/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 100211 |
| West Memphis, AR, Public Utility System Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 4.25%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1280 | &nbsp;&nbsp;&nbsp;&nbsp; 1261107 |
| &nbsp;&nbsp;&nbsp;(BAM), 4.375%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;870 | &nbsp;&nbsp;&nbsp;&nbsp; 825606 |
|  |  | &nbsp;&nbsp;**$5477668** |
| Insured - General Obligations — 6.5% | Insured - General Obligations — 6.5% | Insured - General Obligations — 6.5% |
| Bassett Unified School District, CA, (Election of 2020): |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.25%, 8/1/50 | $&nbsp;&nbsp;&nbsp;&nbsp;1585 | &nbsp;&nbsp;$1707172 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.25%, 8/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;2270 | &nbsp;&nbsp;&nbsp;&nbsp; 2429538 |
| Bromley Park Metropolitan District No. 3, CO, (AG), 4.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;660 | &nbsp;&nbsp;&nbsp;&nbsp; 632469 |
| Carbondale and Rural Fire Protection District, CO, (BAM), 5.50%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;725 | &nbsp;&nbsp;&nbsp;&nbsp; 814839 |
| Chicago Board of Education, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(NPFG), 0.00%, 12/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;1580 | &nbsp;&nbsp;&nbsp;&nbsp; 1548175 |
| &nbsp;&nbsp;&nbsp;(NPFG), 0.00%, 12/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;1560 | &nbsp;&nbsp;&nbsp;&nbsp; 1423596 |
| Cook County High School District No. 220, IL, (BAM), 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;555 | &nbsp;&nbsp;&nbsp;&nbsp; 577826 |
| Cook County School District No. 169, IL, (AG), 5.25%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;&nbsp;&nbsp; 589925 |
| Fort Bend County Municipal Management District No. 1, TX, (AG), 3.50%, 9/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 104323 |
| Gadsden, AL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/30/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;265 | &nbsp;&nbsp;&nbsp;&nbsp; 292372 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - General Obligations (continued) | Insured - General Obligations (continued) | Insured - General Obligations (continued) |
| Gadsden, AL: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 10/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;$712174 |
| Generation Park Management District, TX, (AG), 3.50%, 9/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;1705 | &nbsp;&nbsp;&nbsp;&nbsp; 1456307 |
| Greene Macoupin and Morgan Counties Community Unit School District No. 10 Greenfield, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 301988 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 311772 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 267849 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 159397 |
| Harris County Municipal Utility District No. 165, TX, (BAM), 3.375%, 3/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2370 | &nbsp;&nbsp;&nbsp;&nbsp; 2061816 |
| Harris County Municipal Utility District No. 55, TX, (AG), 3.00%, 2/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;1350 | &nbsp;&nbsp;&nbsp;&nbsp; 1153149 |
| Hayward Unified School District, CA, (Election of 2024), (BAM), 5.00%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 273993 |
| Helena High School District No. 1, MT, (BAM), 5.00%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 138960 |
| Johnson and Miami Counties Unified School District No. 230, KS, (AG), 6.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1700 | &nbsp;&nbsp;&nbsp;&nbsp; 2009751 |
| Kalamazoo Charter Township Building Authority, MI, (BAM), 4.25%, 4/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;1165 | &nbsp;&nbsp;&nbsp;&nbsp; 1125386 |
| Kankakee Iroquois Ford ETC Counties Community Unit School District No. 2, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 4.50%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;980 | &nbsp;&nbsp;&nbsp;&nbsp; 963075 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;280 | &nbsp;&nbsp;&nbsp;&nbsp; 298002 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp; 47324 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.25%, 12/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;1975 | &nbsp;&nbsp;&nbsp;&nbsp; 2083623 |
| Knox County Community Unit School District No. 202 Knoxville, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 247457 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 361024 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 259336 |
| Mount Horeb Area School District, WI, (AG), 4.00%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2050 | &nbsp;&nbsp;&nbsp;&nbsp; 2057300 |
| Mount Vernon, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;865 | &nbsp;&nbsp;&nbsp;&nbsp; 918301 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;705 | &nbsp;&nbsp;&nbsp;&nbsp; 745310 |
| Mountain View School District, CA, (Election of 2020), (BAM), 5.00%, 8/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 794978 |
| Nassau County, NY, (AG), 4.00%, 4/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;40 | &nbsp;&nbsp;&nbsp;&nbsp; 39690 |
| Natchitoches Parish Consolidated School District No. 11, LA, (BAM), 4.125%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;&nbsp;&nbsp; 404923 |
| North Platte, NE, (AG), 4.375%, 12/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;30 | &nbsp;&nbsp;&nbsp;&nbsp; 30469 |
| Paris Union School District No. 95, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 11/1/40<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 510239 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 11/1/41<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp;&nbsp; 561196 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - General Obligations (continued) | Insured - General Obligations (continued) | Insured - General Obligations (continued) |
| Paris Union School District No. 95, IL: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 11/1/42<sup>(4)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$536679 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 11/1/43<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;640 | &nbsp;&nbsp;&nbsp;&nbsp; 681613 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 11/1/44<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;470 | &nbsp;&nbsp;&nbsp;&nbsp; 496158 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 11/1/45<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;435 | &nbsp;&nbsp;&nbsp;&nbsp; 454737 |
| &nbsp;&nbsp;&nbsp;(AG), 6.00%, 11/1/39<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 321010 |
| Park County Elementary School District No. J-12 Shields Valley, MT, (BAM), 5.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 149918 |
| Pontiac, MI, (BAM), 5.00%, 4/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp; 26155 |
| Raindance Metropolitan District No. 2, CO, (BAM), 4.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;710 | &nbsp;&nbsp;&nbsp;&nbsp; 695487 |
| Richland County Community Unit School District No. 1, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/39<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;970 | &nbsp;&nbsp;&nbsp;&nbsp; 1057843 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/40<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1020 | &nbsp;&nbsp;&nbsp;&nbsp; 1110859 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/41<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;820 | &nbsp;&nbsp;&nbsp;&nbsp; 889736 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/42<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1211196 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/43<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1185 | &nbsp;&nbsp;&nbsp;&nbsp; 1265620 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/44<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;620 | &nbsp;&nbsp;&nbsp;&nbsp; 657284 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/45<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;655 | &nbsp;&nbsp;&nbsp;&nbsp; 689136 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/46<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;690 | &nbsp;&nbsp;&nbsp;&nbsp; 720097 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/48<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 438870 |
| Shreveport, LA, (AG), 5.25%, 3/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;565 | &nbsp;&nbsp;&nbsp;&nbsp; 620056 |
| St. Clair County School District No. 118, IL, (BAM), 5.50%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1525 | &nbsp;&nbsp;&nbsp;&nbsp; 1727807 |
| Steel Valley School District, PA, (BAM), 4.375%, 11/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;45 | &nbsp;&nbsp;&nbsp;&nbsp; 44337 |
| Sterling, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 11/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 563035 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 11/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;940 | &nbsp;&nbsp;&nbsp;&nbsp; 1032445 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 11/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 312762 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 11/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;520 | &nbsp;&nbsp;&nbsp;&nbsp; 555315 |
| Washington County Elementary School District No. 6, AZ, (BAM), 5.00%, 7/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 549074 |
| Waterstone Metropolitan District No. 1, CO, (AG), 5.25%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 319334 |
| Will County Community Unit School District No. 209-U, IL: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 2/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 65802 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 2/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 163619 |
| Yonkers, NY: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.125%, 2/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;680 | &nbsp;&nbsp;&nbsp;&nbsp; 671545 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 2/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 484742 |
|  |  | &nbsp;&nbsp;**$48927295** |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Hospital — 0.5% | Insured - Hospital — 0.5% | Insured - Hospital — 0.5% |
| Grand Forks, ND, (Altru Health System), (AG), 3.00%, 12/1/51 | $&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$1747126 |
| Virginia Commonwealth University Health System Authority, (BAM), 4.00%, 7/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;2075 | &nbsp;&nbsp;&nbsp;&nbsp; 1910710 |
|  |  | &nbsp;&nbsp;**$3657836** |
| Insured - Housing — 0.0%<sup>†</sup> | Insured - Housing — 0.0%<sup>†</sup> | Insured - Housing — 0.0%<sup>†</sup> |
| University of Idaho: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 4/1/33 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;80 | &nbsp;&nbsp;$89829 |
| &nbsp;&nbsp;&nbsp;(AG), 5.50%, 4/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp; 11046 |
|  |  | &nbsp;&nbsp;**$100875** |
| Insured - Industrial Development Revenue — 0.0%<sup>†</sup> | Insured - Industrial Development Revenue — 0.0%<sup>†</sup> | Insured - Industrial Development Revenue — 0.0%<sup>†</sup> |
| Pitkin County, CO, Solid Waste Center Enterprise Revenue, (AG), 5.50%, 12/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;175 | &nbsp;&nbsp;$202626 |
|  |  | &nbsp;&nbsp;**$202626** |
| Insured - Lease Revenue/Certificates of Participation — 0.1% | Insured - Lease Revenue/Certificates of Participation — 0.1% | Insured - Lease Revenue/Certificates of Participation — 0.1% |
| Westfield-Washington Multi-School Building Corp., IN, (BAM), 5.00%, 7/15/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;410 | &nbsp;&nbsp;$440351 |
|  |  | &nbsp;&nbsp;**$440351** |
| Insured - Special Tax Revenue — 1.9% | Insured - Special Tax Revenue — 1.9% | Insured - Special Tax Revenue — 1.9% |
| Big Sky Resort Area District, MT, (1% Resort Tax - Cold Smoke): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 7/1/44 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;$485439 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 534009 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;550 | &nbsp;&nbsp;&nbsp;&nbsp; 582032 |
| Centerton, AR, Sales and Use Tax Revenue, (AG), 4.125%, 11/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;25 | &nbsp;&nbsp;&nbsp;&nbsp; 24115 |
| Downtown Revitalization Public Infrastructure District, UT, (AG), 5.25%, 6/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 501885 |
| Elk Grove Finance Authority, CA, (AG), 5.00%, 9/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;440 | &nbsp;&nbsp;&nbsp;&nbsp; 467801 |
| Fort Smith, AR, Sales and Use Tax Revenue, (AG), 5.00%, 11/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 547810 |
| Gilbert Community School District, IA, Services and Use Tax Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.00%, 6/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 500797 |
| &nbsp;&nbsp;&nbsp;(AG), 4.125%, 6/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;685 | &nbsp;&nbsp;&nbsp;&nbsp; 687358 |
| Rampart Range Metropolitan District No. 1, CO: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;160 | &nbsp;&nbsp;&nbsp;&nbsp; 166772 |
| &nbsp;&nbsp;&nbsp;(AG), 5.25%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;35 | &nbsp;&nbsp;&nbsp;&nbsp; 36419 |
| Rock Hill, SC, (Hospitality Fee Pledge): |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 4.00%, 4/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1425 | &nbsp;&nbsp;&nbsp;&nbsp; 1391332 |
| &nbsp;&nbsp;&nbsp;(BAM), 4.25%, 4/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;910 | &nbsp;&nbsp;&nbsp;&nbsp; 900561 |
| Sales Tax Securitization Corp., IL, (BAM), 5.00%, 1/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4204845 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Insured - Special Tax Revenue (continued) | Insured - Special Tax Revenue (continued) | Insured - Special Tax Revenue (continued) |
| San Clemente Facilities District No. 2006-1, CA: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/40 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;$618161 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;2010 | &nbsp;&nbsp;&nbsp;&nbsp; 2207519 |
| South Manvel Development Authority, TX, (AG), 4.00%, 4/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;5 | &nbsp;&nbsp;&nbsp;&nbsp; 4828 |
|  |  | &nbsp;&nbsp;**$13861683** |
| Insured - Transportation — 1.3% | Insured - Transportation — 1.3% | Insured - Transportation — 1.3% |
| Alaska Railroad Corp., (AG), (AMT), 5.50%, 10/1/41 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$219535 |
| Allegheny County Airport Authority, PA, (Pittsburgh International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AG), (AMT), 4.00%, 1/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;4920 | &nbsp;&nbsp;&nbsp;&nbsp; 4511687 |
| &nbsp;&nbsp;&nbsp;(AG), (AMT), 5.25%, 1/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;900 | &nbsp;&nbsp;&nbsp;&nbsp; 982706 |
| Chesapeake, VA, Chesapeake Expressway Toll Road Revenue, (AG), 4.00%, 7/15/47 | &nbsp;&nbsp;&nbsp;&nbsp;1920 | &nbsp;&nbsp;&nbsp;&nbsp; 1871010 |
| New Jersey Economic Development Authority, (The Goethals Bridge Replacement), (AG), (AMT), 5.00%, 1/1/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 188106 |
| New York Transportation Development Corp., (LaGuardia Airport Terminal B Redevelopment), (AG), (AMT), 4.00%, 7/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000156 |
|  |  | &nbsp;&nbsp;**$9773200** |
| Insured - Water and Sewer — 1.2% | Insured - Water and Sewer — 1.2% | Insured - Water and Sewer — 1.2% |
| Bennett, CO, Wastewater Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.125%, 12/1/49 | $&nbsp;&nbsp;&nbsp;&nbsp;1665 | &nbsp;&nbsp;$1575520 |
| &nbsp;&nbsp;&nbsp;(AG), 5.00%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;825 | &nbsp;&nbsp;&nbsp;&nbsp; 899759 |
| Central Weld County Water District, CO, (BAM), 5.00%, 12/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;&nbsp;&nbsp; 364561 |
| Grand Prairie Water Commission, IL, (BAM), 5.00%, 1/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;355 | &nbsp;&nbsp;&nbsp;&nbsp; 377322 |
| Grants Pass, OR, Water Revenue, (BAM), 4.125%, 4/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;1575 | &nbsp;&nbsp;&nbsp;&nbsp; 1530406 |
| Hot Springs, AR, Wastewater Revenue, Green Bonds, (BAM), 4.375%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;&nbsp;&nbsp; 18952 |
| Montrose, CO, Sewer Utility Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;230 | &nbsp;&nbsp;&nbsp;&nbsp; 247227 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;190 | &nbsp;&nbsp;&nbsp;&nbsp; 202370 |
| &nbsp;&nbsp;&nbsp;(BAM), 5.00%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;&nbsp; 690642 |
| Shreveport, LA, Water and Sewer Revenue, (AG), 5.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp; 2716331 |
| Southwestern Pennsylvania Water Authority, (AG), 3.00%, 9/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;450 | &nbsp;&nbsp;&nbsp;&nbsp; 446468 |
|  |  | &nbsp;&nbsp;**$9069558** |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Lease Revenue/Certificates of Participation — 3.9% | Lease Revenue/Certificates of Participation — 3.9% | Lease Revenue/Certificates of Participation — 3.9% |
| Anderson School Building Corp., IN: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/37 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;$225976 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 56558 |
| Barren County Public Properties Corp., KY, (Judicial Center), 4.00%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;490 | &nbsp;&nbsp;&nbsp;&nbsp; 474050 |
| Brownsburg 1999 School Building Corp., IN: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 875171 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1088154 |
| Castle Rock, CO: |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;1040 | &nbsp;&nbsp;&nbsp;&nbsp; 1140458 |
| &nbsp;&nbsp;&nbsp;5.25%, 12/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;185 | &nbsp;&nbsp;&nbsp;&nbsp; 194713 |
| College of Western Idaho: |  |  |
| &nbsp;&nbsp;&nbsp;4.25%, 8/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;340 | &nbsp;&nbsp;&nbsp;&nbsp; 338054 |
| &nbsp;&nbsp;&nbsp;4.50%, 8/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;130 | &nbsp;&nbsp;&nbsp;&nbsp; 124482 |
| &nbsp;&nbsp;&nbsp;5.25%, 8/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 251873 |
| Crothersville 2000 School Building Corp., IN: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 538601 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;240 | &nbsp;&nbsp;&nbsp;&nbsp; 255342 |
| Duneland School Building Corp., IN, 3.00%, 1/15/42 | &nbsp;&nbsp;&nbsp;&nbsp;2985 | &nbsp;&nbsp;&nbsp;&nbsp; 2488907 |
| Hamilton Southeastern Consolidated School Building Corp., IN, 5.00%, 7/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 339634 |
| Idaho Housing and Finance Association, 4.00%, 8/15/48 | &nbsp;&nbsp;&nbsp;&nbsp;1125 | &nbsp;&nbsp;&nbsp;&nbsp; 1067744 |
| IPS Multi-School Building Corp., IN, Social Bonds, 5.00%, 7/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;1060 | &nbsp;&nbsp;&nbsp;&nbsp; 1129246 |
| Lakeland School Building Corp., IN, 5.00%, 7/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;475 | &nbsp;&nbsp;&nbsp;&nbsp; 505364 |
| Loudoun County Economic Development Authority, VA, 4.00%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1855 | &nbsp;&nbsp;&nbsp;&nbsp; 1875272 |
| Marshall County Educational Facilities Authority, OK, (Madill Public Schools): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1344970 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;1380 | &nbsp;&nbsp;&nbsp;&nbsp; 1470438 |
| Mcintosh County Educational Facilities Authority, OK, (Eufaula Public Schools), 5.00%, 9/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;635 | &nbsp;&nbsp;&nbsp;&nbsp; 665317 |
| Montgomery County School District Finance Corp., KY, 4.50%, 8/1/48<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3210 | &nbsp;&nbsp;&nbsp;&nbsp; 3126600 |
| New Albany-Floyd County School Building Corp., IN, 5.00%, 7/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1389293 |
| North Lawrence Community Schools Building Corp., IN: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/15/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;420 | &nbsp;&nbsp;&nbsp;&nbsp; 461599 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/15/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 437222 |
| Oklahoma Development Finance Authority, 4.00%, 6/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;10 | &nbsp;&nbsp;&nbsp;&nbsp; 9848 |
| Pennsylvania, 5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;2160 | &nbsp;&nbsp;&nbsp;&nbsp; 2205347 |
| Richland-Bean Blossom 2000 School Building Corp., IN, 5.00%, 7/15/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;535 | &nbsp;&nbsp;&nbsp;&nbsp; 578625 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Lease Revenue/Certificates of Participation (continued) | Lease Revenue/Certificates of Participation (continued) | Lease Revenue/Certificates of Participation (continued) |
| Rogers County Educational Facilities Authority, OK, (Talala Public Schools): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;$543099 |
| &nbsp;&nbsp;&nbsp;5.00%, 9/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 280939 |
| Snowmass Village, CO, 4.25%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;715 | &nbsp;&nbsp;&nbsp;&nbsp; 726577 |
| Southmont School Building Corp., IN, 5.00%, 7/15/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;525 | &nbsp;&nbsp;&nbsp;&nbsp; 569654 |
| Summerville Municipal Facilities Corp., SC, (Town of Summerville), 5.00%, 10/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 230134 |
| Telluride, CO, 5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 372222 |
| Tulsa County Industrial Authority, OK, (Owasso Public Schools), 5.00%, 9/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;50 | &nbsp;&nbsp;&nbsp;&nbsp; 55945 |
| Vail, CO, 5.375%, 12/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 368095 |
| Virginia Public Building Authority, 4.00%, 8/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;295 | &nbsp;&nbsp;&nbsp;&nbsp; 298377 |
| Will and Kankakee Counties Community Unit School District No. 255-U, IL, 5.00%, 6/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;700 | &nbsp;&nbsp;&nbsp;&nbsp; 701170 |
| Winston-Salem, NC: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 397315 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;290 | &nbsp;&nbsp;&nbsp;&nbsp; 317551 |
|  |  | &nbsp;&nbsp;**$29519936** |
| Other Revenue — 4.5% | Other Revenue — 4.5% | Other Revenue — 4.5% |
| Black Belt Energy Gas District, AL: |  |  |
| &nbsp;&nbsp;&nbsp;3.99%, (SIFMA + 0.37%), 10/1/26 (Put Date), 10/1/49<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;$4992632 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;3750 | &nbsp;&nbsp;&nbsp;&nbsp; 3938738 |
| &nbsp;&nbsp;&nbsp;5.50% to 2/1/29 (Put Date), 6/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2624905 |
| California Community Choice Financing Authority, Clean Energy Project Revenue, Green Bonds, 5.00% to 12/1/32 (Put Date), 1/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;7610 | &nbsp;&nbsp;&nbsp;&nbsp; 7789813 |
| California Infrastructure and Economic Development Bank, (Los Angeles County Museum of Art), 4.32%, (SIFMA + 0.70%), 6/1/26 (Put Date), 12/1/50<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2300 | &nbsp;&nbsp;&nbsp;&nbsp; 2299849 |
| Cleveland-Cuyahoga County Port Authority, OH, (Playhouse Square Foundation), 5.00%, 12/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;545 | &nbsp;&nbsp;&nbsp;&nbsp; 556078 |
| Kalispel Tribe of Indians, WA: |  |  |
| &nbsp;&nbsp;&nbsp;Series A, 5.00%, 1/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1450 | &nbsp;&nbsp;&nbsp;&nbsp; 1469571 |
| &nbsp;&nbsp;&nbsp;Series B, 5.00%, 1/1/32<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1013497 |
| Main Street Natural Gas, Inc., GA, Gas Supply Revenue, 5.00% to 12/1/30 (Put Date), 5/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2110936 |
| Morongo Band of Mission Indians, CA, 5.00%, 10/1/42<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1775 | &nbsp;&nbsp;&nbsp;&nbsp; 1879709 |
| New York Trust for Cultural Resources, (Lincoln Center For the Performing Arts, Inc.), 5.00%, 12/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;1795 | &nbsp;&nbsp;&nbsp;&nbsp; 1990650 |
| Southeast Energy Authority, AL: |  |  |
| &nbsp;&nbsp;&nbsp;5.00% to 2/1/31 (Put Date), 5/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1250 | &nbsp;&nbsp;&nbsp;&nbsp; 1330700 |
| &nbsp;&nbsp;&nbsp;5.00% to 6/1/35 (Put Date), 1/1/56 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 512371 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Other Revenue (continued) | Other Revenue (continued) | Other Revenue (continued) |
| Texas Municipal Gas Acquisition and Supply Corp. I, Gas Supply Revenue, 3.336%, (67% of 3 mo. SOFR + 0.70%), 12/15/26<sup>(2)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;860 | &nbsp;&nbsp;$860102 |
| Texas Municipal Gas Acquisition and Supply Corp. II, Gas Supply Revenue, 3.287%, (66% of 3 mo. SOFR + 0.863%), 9/15/27<sup>(2)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;740 | &nbsp;&nbsp;&nbsp;&nbsp; 740795 |
|  |  | &nbsp;&nbsp;**$34110346** |
| Senior Living/Life Care — 7.3% | Senior Living/Life Care — 7.3% | Senior Living/Life Care — 7.3% |
| Arizona Industrial Development Authority, AZ, (Mirabella at ASU), 5.35% to 1/1/27 (Put Date), 10/1/28<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880 | &nbsp;&nbsp;$870219 |
| Buffalo and Erie County Industrial Land Development Corp., NY, (Orchard Park CCRC, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;1730 | &nbsp;&nbsp;&nbsp;&nbsp; 1732187 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;1320 | &nbsp;&nbsp;&nbsp;&nbsp; 1321767 |
| Centerville, OH, (Graceworks Lutheran Services): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;770 | &nbsp;&nbsp;&nbsp;&nbsp; 772821 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;325 | &nbsp;&nbsp;&nbsp;&nbsp; 329092 |
| Clackamas County Hospital Facility Authority, OR, (Rose Villa): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 305734 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;315 | &nbsp;&nbsp;&nbsp;&nbsp; 320823 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;330 | &nbsp;&nbsp;&nbsp;&nbsp; 335838 |
| &nbsp;&nbsp;&nbsp;5.375%, 11/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;275 | &nbsp;&nbsp;&nbsp;&nbsp; 271329 |
| Colorado Health Facilities Authority, (Christian Living Neighborhoods), 4.00%, 1/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;600 | &nbsp;&nbsp;&nbsp;&nbsp; 614489 |
| Colorado Health Facilities Authority, (Frasier Meadows Retirement Community): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 350178 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 406057 |
| District of Columbia, (Ingleside at Rock Creek), 4.125%, 7/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 285279 |
| Franklin County Industrial Development Authority, PA, (Menno-Haven, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 507614 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp; 370477 |
| Glendale Industrial Development Authority, AZ, (Terraces of Phoenix), 4.00%, 7/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 139931 |
| Howard County, MD, (Vantage House), 5.00%, 4/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;1985 | &nbsp;&nbsp;&nbsp;&nbsp; 1992324 |
| Illinois Finance Authority, (Lifespace Communities, Inc.), 5.00%, 5/15/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp; 370210 |
| Massachusetts Development Finance Agency, (Linden Ponds, Inc.), 5.00%, 11/15/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;750 | &nbsp;&nbsp;&nbsp;&nbsp; 773402 |
| Missouri Health and Educational Facilities Authority, (Lutheran Senior Services), 4.00%, 2/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;&nbsp;&nbsp; 310347 |
| Montgomery County Industrial Development Authority, PA, (Waverly Heights, Ltd.): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 201554 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| Montgomery County Industrial Development Authority, PA, (Waverly Heights, Ltd.): (continued) |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/31 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;$150946 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 200857 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 100245 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;200 | &nbsp;&nbsp;&nbsp;&nbsp; 200081 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 348954 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;350 | &nbsp;&nbsp;&nbsp;&nbsp; 346392 |
| &nbsp;&nbsp;&nbsp;4.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 391281 |
| Montgomery County Industrial Development Authority, PA, (Whitemarsh Continuing Care Retirement Community), 5.00%, 1/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;1890 | &nbsp;&nbsp;&nbsp;&nbsp; 1900521 |
| National Finance Authority, NH, (The Vista): |  |  |
| &nbsp;&nbsp;&nbsp;5.25%, 7/1/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;920 | &nbsp;&nbsp;&nbsp;&nbsp; 925135 |
| &nbsp;&nbsp;&nbsp;5.75%, 7/1/54<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1725 | &nbsp;&nbsp;&nbsp;&nbsp; 1720079 |
| New Hope Cultural Education Facilities Finance Corp., TX, (Bella Vida Forefront Living), 5.25%, 10/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;1280 | &nbsp;&nbsp;&nbsp;&nbsp; 1269416 |
| New Mexico Hospital Equipment Loan Council, (Haverland Carter Lifestyle Group): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;430 | &nbsp;&nbsp;&nbsp;&nbsp; 434215 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;285 | &nbsp;&nbsp;&nbsp;&nbsp; 285858 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 195118 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;2450 | &nbsp;&nbsp;&nbsp;&nbsp; 2447129 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;3020 | &nbsp;&nbsp;&nbsp;&nbsp; 2728188 |
| Norfolk Redevelopment and Housing Authority, VA, (Fort Norfolk Retirement Community, Inc. - Harbor's Edge), 4.00%, 1/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;835 | &nbsp;&nbsp;&nbsp;&nbsp; 836046 |
| Palm Beach County Health Facilities Authority, FL, (Lifespace Communities, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;255 | &nbsp;&nbsp;&nbsp;&nbsp; 255152 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/30 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 300168 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/31 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp; 783002 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 656452 |
| Public Finance Authority, WI, (Penick Village), 5.00%, 9/1/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1540 | &nbsp;&nbsp;&nbsp;&nbsp; 1559941 |
| Santa Fe, NM, (El Castillo Retirement Residences): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/34 | &nbsp;&nbsp;&nbsp;&nbsp;1090 | &nbsp;&nbsp;&nbsp;&nbsp; 1108884 |
| &nbsp;&nbsp;&nbsp;5.00%, 5/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;480 | &nbsp;&nbsp;&nbsp;&nbsp; 481846 |
| South Carolina Jobs-Economic Development Authority, (Bishop Gadsden Episcopal Retirement Community), 4.00%, 4/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;625 | &nbsp;&nbsp;&nbsp;&nbsp; 628697 |
| South Carolina Jobs-Economic Development Authority, (South Carolina Episcopal Home at Still Hopes): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/28 | &nbsp;&nbsp;&nbsp;&nbsp;1675 | &nbsp;&nbsp;&nbsp;&nbsp; 1688664 |
| &nbsp;&nbsp;&nbsp;5.00%, 4/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1008004 |
| St. Louis County Industrial Development Authority, MO, (Friendship Village of St. Louis Obligated Group), 5.00%, 9/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;1930 | &nbsp;&nbsp;&nbsp;&nbsp; 1963317 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Senior Living/Life Care (continued) | Senior Living/Life Care (continued) | Senior Living/Life Care (continued) |
| Suffolk County Economic Development Corp., NY, (Peconic Landing at Southold, Inc.), 5.00%, 12/1/29 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;$513406 |
| Tarrant County Cultural Education Facilities Finance Corp., TX, (MRC Stevenson Oaks), 6.875%, 11/15/55 | &nbsp;&nbsp;&nbsp;&nbsp;4650 | &nbsp;&nbsp;&nbsp;&nbsp; 4397482 |
| Tulsa County Industrial Authority, OK, (Montereau, Inc.): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/28 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;540 | &nbsp;&nbsp;&nbsp;&nbsp; 548137 |
| &nbsp;&nbsp;&nbsp;5.00%, 11/15/29 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;400 | &nbsp;&nbsp;&nbsp;&nbsp; 406016 |
| Vermont Economic Development Authority, (Wake Robin Corp.), 5.00%, 5/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 585000 |
| Virginia Beach Development Authority, VA, (Westminster-Canterbury on Chesapeake Bay), 6.25%, 9/1/30 | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2010295 |
| Washington Housing Finance Commission, (Bayview Manor Homes): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 7/1/26<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;195 | &nbsp;&nbsp;&nbsp;&nbsp; 194879 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/31<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;985 | &nbsp;&nbsp;&nbsp;&nbsp; 986049 |
| Washington Housing Finance Commission, (Horizon House): |  |  |
| &nbsp;&nbsp;&nbsp;4.50%, 1/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1497844 |
| &nbsp;&nbsp;&nbsp;6.00%, 1/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;3790 | &nbsp;&nbsp;&nbsp;&nbsp; 3879351 |
| Washington Housing Finance Commission, (Judson Park), 4.00%, 7/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;145 | &nbsp;&nbsp;&nbsp;&nbsp; 144928 |
| Washington Housing Finance Commission, (Transforming Age): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/27<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;840 | &nbsp;&nbsp;&nbsp;&nbsp; 846201 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/28<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;445 | &nbsp;&nbsp;&nbsp;&nbsp; 453352 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/29<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;460 | &nbsp;&nbsp;&nbsp;&nbsp; 473509 |
| &nbsp;&nbsp;&nbsp;5.00%, 1/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 512290 |
|  |  | &nbsp;&nbsp;**$54944999** |
| Special Tax Revenue — 3.4% | Special Tax Revenue — 3.4% | Special Tax Revenue — 3.4% |
| Baltimore, MD, (Harbor Point): |  |  |
| &nbsp;&nbsp;&nbsp;3.45%, 6/1/35<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;310 | &nbsp;&nbsp;$295773 |
| &nbsp;&nbsp;&nbsp;3.50%, 6/1/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 600519 |
| Bullhead City, AZ, Excise Taxes Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;2.10%, 7/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;585 | &nbsp;&nbsp;&nbsp;&nbsp; 493706 |
| &nbsp;&nbsp;&nbsp;2.55%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1265 | &nbsp;&nbsp;&nbsp;&nbsp; 904653 |
| &nbsp;&nbsp;&nbsp;4.50%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;675 | &nbsp;&nbsp;&nbsp;&nbsp; 696702 |
| Connecticut, Special Tax Obligation Bonds, 5.00%, 7/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;3755 | &nbsp;&nbsp;&nbsp;&nbsp; 4107419 |
| Durango, CO, Sales and Use Tax Revenue, 5.00%, 12/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;425 | &nbsp;&nbsp;&nbsp;&nbsp; 461059 |
| Hamilton County & Chattanooga Sports Authority, TN, (Stadium Project), 6.00%, 12/1/55 | &nbsp;&nbsp;&nbsp;&nbsp;1465 | &nbsp;&nbsp;&nbsp;&nbsp; 1634382 |
| Juban Crossing Economic Development District, LA, (Drainage Projects), 4.25%, 9/15/44 | &nbsp;&nbsp;&nbsp;&nbsp;1710 | &nbsp;&nbsp;&nbsp;&nbsp; 1640627 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Special Tax Revenue (continued) | Special Tax Revenue (continued) | Special Tax Revenue (continued) |
| Juban Crossing Economic Development District, LA, (General Infrastructure Projects): |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 9/15/49 | $&nbsp;&nbsp;&nbsp;&nbsp;1935 | &nbsp;&nbsp;$1938487 |
| &nbsp;&nbsp;&nbsp;6.00%, 9/15/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;370 | &nbsp;&nbsp;&nbsp;&nbsp; 391196 |
| Lawton Industrial Development Authority, OK: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/36 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 549021 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 546112 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 318673 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;300 | &nbsp;&nbsp;&nbsp;&nbsp; 314561 |
| &nbsp;&nbsp;&nbsp;5.00%, 7/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 260392 |
| Louisiana Local Government Environmental Facilities and Community Development Authority, (City of Slidell): |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 12/1/49 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;15 | &nbsp;&nbsp;&nbsp;&nbsp; 13853 |
| &nbsp;&nbsp;&nbsp;4.25%, 12/1/54 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;100 | &nbsp;&nbsp;&nbsp;&nbsp; 94644 |
| Louisiana Local Government Environmental Facilities and Community Development Authority, (Lake Charles Rebound): |  |  |
| &nbsp;&nbsp;&nbsp;4.00%, 5/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 971398 |
| &nbsp;&nbsp;&nbsp;4.50%, 5/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;800 | &nbsp;&nbsp;&nbsp;&nbsp; 796919 |
| Mida Mountain Village Public Infrastructure District, UT, 5.50%, 6/15/39<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2061268 |
| Omaha, NE, Special Tax Revenue Redevelopment Bonds, 4.00%, 4/15/54 | &nbsp;&nbsp;&nbsp;&nbsp;1675 | &nbsp;&nbsp;&nbsp;&nbsp; 1518299 |
| Oxford City Board of Education, AL, 4.00%, 5/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;245 | &nbsp;&nbsp;&nbsp;&nbsp; 218311 |
| San Mateo County Transportation Authority, CA, Sales Tax Revenue, (LOC: Bank of America, N.A.), 2.95%, 6/1/49<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3500 | &nbsp;&nbsp;&nbsp;&nbsp; 3500000 |
| South Village Community Development District, FL: |  |  |
| &nbsp;&nbsp;&nbsp;3.25%, 5/1/27 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;95 | &nbsp;&nbsp;&nbsp;&nbsp; 94649 |
| &nbsp;&nbsp;&nbsp;4.35%, 5/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;60 | &nbsp;&nbsp;&nbsp;&nbsp; 60000 |
| St. James Parish, LA, 4.25%, 5/1/46<sup>(4)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;880 | &nbsp;&nbsp;&nbsp;&nbsp; 870875 |
| St. Louis Land Clearance for Redevelopment Authority, MO, (Kiel Opera House Renovation), 3.875%, 10/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 502688 |
|  |  | &nbsp;&nbsp;**$25856186** |
| Student Loan — 0.3% | Student Loan — 0.3% | Student Loan — 0.3% |
| Connecticut Higher Education Supplemental Loan Authority: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.125%, 11/15/40 | $&nbsp;&nbsp;&nbsp;&nbsp;2220 | &nbsp;&nbsp;$2166877 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 11/15/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 257255 |
|  |  | &nbsp;&nbsp;**$2424132** |
| Transportation — 9.0% | Transportation — 9.0% | Transportation — 9.0% |
| Burbank-Glendale-Pasadena Airport Authority, CA, (AMT), 5.25%, 7/1/42 | $&nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;$3277977 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Transportation (continued) | Transportation (continued) | Transportation (continued) |
| Chicago, IL, (O'Hare International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/38 | $&nbsp;&nbsp;&nbsp;&nbsp;2485 | &nbsp;&nbsp;$2665875 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 1/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1601045 |
| Colorado Bridge Enterprise, (Central 70 Project), (AMT), 4.00%, 12/31/28 | &nbsp;&nbsp;&nbsp;&nbsp;2760 | &nbsp;&nbsp;&nbsp;&nbsp; 2778357 |
| Georgia Ports Authority, 4.00%, 7/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;4605 | &nbsp;&nbsp;&nbsp;&nbsp; 4418685 |
| Hawaii, Airports System Revenue, (AMT), 5.00%, 7/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1081554 |
| Los Angeles Department of Airports, CA, (Los Angeles International Airport), (AMT), 5.00%, 5/15/36 | &nbsp;&nbsp;&nbsp;&nbsp;3080 | &nbsp;&nbsp;&nbsp;&nbsp; 3212722 |
| Maryland Transportation Authority, 4.00%, 7/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;250 | &nbsp;&nbsp;&nbsp;&nbsp; 246093 |
| Memphis-Shelby County Airport Authority, TN, (AMT), 5.00%, 7/1/35 | &nbsp;&nbsp;&nbsp;&nbsp;1995 | &nbsp;&nbsp;&nbsp;&nbsp; 2043564 |
| Metropolitan Transportation Authority, NY, (LOC: Truist Bank), 3.40%, 11/1/32<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;1750 | &nbsp;&nbsp;&nbsp;&nbsp; 1750000 |
| Metropolitan Washington Airports Authority, D.C., (AMT), 5.00%, 10/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;1600 | &nbsp;&nbsp;&nbsp;&nbsp; 1713854 |
| Oklahoma Turnpike Authority, 5.50%, 1/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;4165 | &nbsp;&nbsp;&nbsp;&nbsp; 4396926 |
| Philadelphia, PA, Airport Revenue, (AMT), 5.00%, 7/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;2990 | &nbsp;&nbsp;&nbsp;&nbsp; 3017374 |
| Port of Seattle, WA: |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 4.00%, 5/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 4776765 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;2100 | &nbsp;&nbsp;&nbsp;&nbsp; 2124093 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3034418 |
| Public Finance Authority, WI, (Georgia SR 400 Express Lanes), (AMT), 6.50%, 6/30/60 | &nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;&nbsp;&nbsp; 2754962 |
| Salt Lake City, UT, (Salt Lake City International Airport), (AMT), 5.00%, 7/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;1665 | &nbsp;&nbsp;&nbsp;&nbsp; 1666894 |
| San Diego County Regional Airport Authority, CA, (San Diego International Airport), (AMT), 5.25%, 7/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;4500 | &nbsp;&nbsp;&nbsp;&nbsp; 4973478 |
| San Francisco City and County Airport Commission, CA, (San Francisco International Airport): |  |  |
| &nbsp;&nbsp;&nbsp;(AMT), 5.00%, 5/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5111854 |
| &nbsp;&nbsp;&nbsp;(AMT), 5.25%, 5/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4358673 |
| Texas Private Activity Bond Surface Transportation Corp., (North Tarrant Express Managed Lanes Project), 5.00%, 12/31/34 | &nbsp;&nbsp;&nbsp;&nbsp;3000 | &nbsp;&nbsp;&nbsp;&nbsp; 3155480 |
| Virginia Port Authority, 5.25%, 7/1/50 | &nbsp;&nbsp;&nbsp;&nbsp;3150 | &nbsp;&nbsp;&nbsp;&nbsp; 3351594 |
|  |  | &nbsp;&nbsp;**$67512237** |
| Water and Sewer — 2.3% | Water and Sewer — 2.3% | Water and Sewer — 2.3% |
| Arkansas Development Finance Authority, 5.00%, 6/1/43 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;$631051 |
| Beaufort-Jasper Water and Sewer Authority, SC, 4.00%, 3/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;775 | &nbsp;&nbsp;&nbsp;&nbsp; 753319 |
| Cartersville, GA, Water and Sewer Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;4.125%, 6/1/46 | &nbsp;&nbsp;&nbsp;&nbsp;1715 | &nbsp;&nbsp;&nbsp;&nbsp; 1688917 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/47 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 534604 |
| &nbsp;&nbsp;&nbsp;5.00%, 6/1/51 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;665 | &nbsp;&nbsp;&nbsp;&nbsp; 697968 |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Water and Sewer (continued) | Water and Sewer (continued) | Water and Sewer (continued) |
| Corpus Christi, TX, Utility System Revenue, 4.00%, 7/15/48 | $&nbsp;&nbsp;&nbsp;&nbsp;2250 | &nbsp;&nbsp;$2066466 |
| District of Columbia Water and Sewer Authority, (SPA: Bank of America, N.A.), 3.40%, 10/1/60<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5000 | &nbsp;&nbsp;&nbsp;&nbsp; 5000000 |
| King County, WA, Sewer Revenue, (SPA: U.S. Bank, N.A.), 3.30%, 1/1/65<sup>(5)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;&nbsp;&nbsp; 2000000 |
| Montgomery Water Works and Sanitary Sewer Board, AL, 5.00%, 9/1/44 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;575 | &nbsp;&nbsp;&nbsp;&nbsp; 624592 |
| Sumner, WA, Water and Sewer Revenue: |  |  |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/37 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;235 | &nbsp;&nbsp;&nbsp;&nbsp; 264454 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/38 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;105 | &nbsp;&nbsp;&nbsp;&nbsp; 117467 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/39 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;85 | &nbsp;&nbsp;&nbsp;&nbsp; 94578 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 132754 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/41 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 165518 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/42 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;215 | &nbsp;&nbsp;&nbsp;&nbsp; 235647 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/43 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;140 | &nbsp;&nbsp;&nbsp;&nbsp; 152409 |
| &nbsp;&nbsp;&nbsp;5.00%, 12/1/45 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;220 | &nbsp;&nbsp;&nbsp;&nbsp; 235427 |
| Walton County Water and Sewerage Authority, GA, 5.00%, 2/1/53 | &nbsp;&nbsp;&nbsp;&nbsp;1300 | &nbsp;&nbsp;&nbsp;&nbsp; 1339774 |
| Woodruff-Roebuck Water District, SC, 5.00%, 6/1/40 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;120 | &nbsp;&nbsp;&nbsp;&nbsp; 132382 |
|  |  | &nbsp;&nbsp;**$16867327** |
| Total Tax-Exempt Municipal Obligations<br> (identified cost $713,726,638) |  | &nbsp;&nbsp;**$718803475** |

---

Taxable Municipal Obligations — 6.5%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Education — 1.0% | Education — 1.0% | Education — 1.0% |
| Maricopa County Industrial Development Authority, AZ, (Grand Canyon University), 7.375%, 10/1/29<sup>(1)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;$1051449 |
| University of California: |  |  |
| &nbsp;&nbsp;&nbsp;3.349%, 7/1/29 | &nbsp;&nbsp;&nbsp;&nbsp;1150 | &nbsp;&nbsp;&nbsp;&nbsp; 1127018 |
| &nbsp;&nbsp;&nbsp;3.75%, 7/1/41<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5230 | &nbsp;&nbsp;&nbsp;&nbsp; 5230000 |
|  |  | &nbsp;&nbsp;**$7408467** |
| General Obligations — 2.0% | General Obligations — 2.0% | General Obligations — 2.0% |
| Atlantic City, NJ, 7.00%, 3/1/28 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;950 | &nbsp;&nbsp;$983072 |
| California: |  |  |
| &nbsp;&nbsp;&nbsp;7.50%, 4/1/34<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2310 | &nbsp;&nbsp;&nbsp;&nbsp; 2649290 |
| &nbsp;&nbsp;&nbsp;7.55%, 4/1/39<sup>(6)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;2725 | &nbsp;&nbsp;&nbsp;&nbsp; 3225961 |
| Chicago, IL: |  |  |
| &nbsp;&nbsp;&nbsp;7.375%, 1/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;2862 | &nbsp;&nbsp;&nbsp;&nbsp; 3019413 |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| General Obligations (continued) | General Obligations (continued) | General Obligations (continued) |
| Chicago, IL: (continued) |  |  |
| &nbsp;&nbsp;&nbsp;7.781%, 1/1/35 | $&nbsp;&nbsp;&nbsp;&nbsp;2590 | &nbsp;&nbsp;$2789573 |
| Larkspur-Corte Madera School District, CA, (Election of 2011 and 2014), 2.002%, 8/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;650 | &nbsp;&nbsp;&nbsp;&nbsp; 551993 |
| Marin Community College District, CA, 2.14%, 8/1/34 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1250825 |
| Mattawan Consolidated School, MI, 1.966%, 5/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;1100 | &nbsp;&nbsp;&nbsp;&nbsp; 962407 |
|  |  | &nbsp;&nbsp;**$15432534** |
| Hospital — 0.1% | Hospital — 0.1% | Hospital — 0.1% |
| California Infrastructure and Economic Development Bank, (Adventist Health Energy), 5.929%, 7/1/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;975 | &nbsp;&nbsp;$995922 |
|  |  | &nbsp;&nbsp;**$995922** |
| Housing — 1.1% | Housing — 1.1% | Housing — 1.1% |
| New York Housing Finance Agency: |  |  |
| &nbsp;&nbsp;&nbsp;(Liq: Barclays Bank PLC), 3.72%, 11/1/45<sup>(3)</sup> | $&nbsp;&nbsp;&nbsp;&nbsp;3940 | &nbsp;&nbsp;$3940000 |
| &nbsp;&nbsp;&nbsp;Social Bonds, (SPA: TD Bank, N.A.), 3.73%, 11/1/55<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;4000 | &nbsp;&nbsp;&nbsp;&nbsp; 4000000 |
|  |  | &nbsp;&nbsp;**$7940000** |
| Insured - General Obligations — 1.0% | Insured - General Obligations — 1.0% | Insured - General Obligations — 1.0% |
| Altoona Area School District, PA, (BAM), 2.288%, 12/1/34 | $&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;20 | &nbsp;&nbsp;$16645 |
| Effingham County Industrial Development Authority, GA, (BAM), 6.00%, 4/1/48 | &nbsp;&nbsp;&nbsp;&nbsp;1000 | &nbsp;&nbsp;&nbsp;&nbsp; 1001171 |
| Peralta Community College District, CA, (NPFG), (LOC: Barclays Bank PLC), 3.72%, 8/5/31<sup>(3)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;5840 | &nbsp;&nbsp;&nbsp;&nbsp; 5840000 |
| Yonkers, NY: |  |  |
| &nbsp;&nbsp;&nbsp;(AG), 4.62%, 2/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;150 | &nbsp;&nbsp;&nbsp;&nbsp; 149154 |
| &nbsp;&nbsp;&nbsp;(AG), 4.67%, 2/1/33 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;260 | &nbsp;&nbsp;&nbsp;&nbsp; 258695 |
|  |  | &nbsp;&nbsp;**$7265665** |
| Insured - Special Tax Revenue — 0.4% | Insured - Special Tax Revenue — 0.4% | Insured - Special Tax Revenue — 0.4% |
| Bexar County, TX, Venue Project Revenue, (AG), 2.434%, 8/15/33 | $&nbsp;&nbsp;&nbsp;&nbsp;1505 | &nbsp;&nbsp;$1318487 |
| Rio Elementary School District Community Facilities District No. 1, CA, (BAM), 2.457%, 9/1/32 | &nbsp;&nbsp;&nbsp;&nbsp;1500 | &nbsp;&nbsp;&nbsp;&nbsp; 1305261 |
| Successor Agency to San Bernardino County Redevelopment Agency, CA, (AG), 4.00%, 9/1/26 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;500 | &nbsp;&nbsp;&nbsp;&nbsp; 499370 |
|  |  | &nbsp;&nbsp;**$3123118** |
| Insured - Transportation — 0.2% | Insured - Transportation — 0.2% | Insured - Transportation — 0.2% |
| Alameda Corridor Transportation Authority, CA, (AG), 0.00%, 10/1/38 | $&nbsp;&nbsp;&nbsp;&nbsp;2500 | &nbsp;&nbsp;$1247870 |
|  |  | &nbsp;&nbsp;**$1247870** |

---

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| Special Tax Revenue — 0.7% | Special Tax Revenue — 0.7% | Special Tax Revenue — 0.7% |
| Los Angeles County Metropolitan Transportation Authority, CA, Sales Tax Revenue, 4.726%, 7/1/27 | $&nbsp;&nbsp;&nbsp;&nbsp;1975 | &nbsp;&nbsp;$1994332 |
| Oneida Indian Nation of New York, NY, 7.25%, 9/1/34<sup>(1)</sup> | &nbsp;&nbsp;&nbsp;&nbsp;3255 | &nbsp;&nbsp;&nbsp;&nbsp; 3279717 |
|  |  | &nbsp;&nbsp;**$5274049** |
| Total Taxable Municipal Obligations<br> (identified cost $48,976,328) |  | &nbsp;&nbsp;**$48687625** |

---

U.S. Treasury Obligations — 0.3%

---

| | | |
|:---|:---|:---|
| **<br>Security** | **Principal<br> Amount<br> (000's omitted)** | &nbsp;&nbsp;**Value** |
| U.S. Treasury Notes, 3.375%, 2/29/28 | $&nbsp;&nbsp;&nbsp;&nbsp;2000 | &nbsp;&nbsp;$1982617 |
| Total U.S. Treasury Obligations<br> (identified cost $1,979,688) |  | &nbsp;&nbsp;**$1982617** |

---

Short-Term Investments — 0.1%

---

| | | |
|:---|:---|:---|
| **Security** | **Shares** | &nbsp;&nbsp;**Value** |
| BlackRock Liquidity Funds - MuniCash, Institutional Shares, 3.31%<sup>(7)</sup> | 662392 | &nbsp;&nbsp;$662458 |
| Total Short-Term Investments<br> (identified cost $662,458) |  | &nbsp;&nbsp;**$662458** |
| Total Investments — 102.9%<br> (identified cost $767,775,690) |  | &nbsp;&nbsp;**$772633351** |
| Other Assets, Less Liabilities — (2.9)% |  | &nbsp;&nbsp;**$(21657056)** |
| Net Assets — 100.0% |  | &nbsp;&nbsp;**$750976295** |

---

---

| | |
|:---|:---|
| The percentage shown for each investment category in the Portfolio of Investments is based on net assets. | The percentage shown for each investment category in the Portfolio of Investments is based on net assets. |
| <sup>†</sup> | Amount is less than 0.05% or (0.05)%, as applicable. |
| <sup>(1)</sup> | Security exempt from registration under Rule 144A of the Securities Act of 1933, as amended. These securities may be sold in certain transactions in reliance on an exemption from registration (normally to qualified institutional buyers). At April 30, 2026, the aggregate value of these securities is $38,234,920 or 5.1% of the Fund's net assets. |
| <sup>(2)</sup> | Floating rate security. The stated interest rate represents the rate in effect at April 30, 2026. |
| <sup>(3)</sup> | Variable rate demand obligation that may be tendered at par on any day for payment the lesser of 5 business days or 7 calendar days. The stated interest rate, which generally resets weekly, is determined by the remarketing agent and represents the rate in effect at April 30, 2026. |
| <sup>(4)</sup> | When-issued security. |

---

------

Eaton Vance<br>

Municipal Opportunities Fund

April 30, 2026

Portfolio of Investments (Unaudited) — continued

------

---

| | |
|:---|:---|
| <sup>(5)</sup> | Variable rate demand obligation that may be tendered at par on any day for payment the same or next business day. The stated interest rate, which generally resets daily, is determined by the remarketing agent and represents the rate in effect at April 30, 2026. |
| <sup>(6)</sup> | Build America Bond. Represents taxable municipal obligation issued pursuant to the American Recovery and Reinvestment Act of 2009 or other legislation providing for the issuance of taxable municipal debt on which the issuer receives federal support. |
| <sup>(7)</sup> | The rate shown is the annualized seven-day yield as of April 30, 2026. |
| At April 30, 2026, the concentration of the Fund's investments in the various states and territories, determined as a percentage of net assets, is as follows: | At April 30, 2026, the concentration of the Fund's investments in the various states and territories, determined as a percentage of net assets, is as follows: |

---

---

| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;California | 15.9% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Illinois | 10.1% |
| &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;Others, representing less than 10% individually | 76.5% |

---

The Fund invests primarily in debt securities issued by municipalities. The ability of the issuers of the debt securities to meet their obligations may be affected by economic developments in a specific industry or municipality. At April 30, 2026, 14.3% of total investments are backed by bond insurance of various financial institutions and financial guaranty assurance agencies. The aggregate percentage insured by an individual financial institution or financial guaranty assurance agency ranged from 1.4% to 7.4% of total investments.

---

| | |
|:---|:---|
| **Abbreviations:** | **Abbreviations:** |
| AG | – Assured Guaranty, Inc. |
| AMT | – Interest earned from these securities may be considered a tax preference item for purposes of the Federal Alternative Minimum Tax. |
| BAM | – Build America Mutual Assurance Co. |
| FHLMC | – Federal Home Loan Mortgage Corp. |
| FNMA | – Federal National Mortgage Association |
| GNMA | – Government National Mortgage Association |
| Liq | – Liquidity Provider |
| LOC | – Letter of Credit |
| NPFG | – National Public Finance Guarantee Corp. |
| PSF | – Permanent School Fund |
| SFMR | – Single Family Mortgage Revenue |
| SIFMA | – Securities Industry and Financial Markets Association Municipal Swap Index |
| SOFR | – Secured Overnight Financing Rate |
| SPA | – Standby Bond Purchase Agreement |

---

The Fund did not have any open derivative instruments at April 30, 2026.

Fair Value Measurements

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

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

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

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

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

At April 30, 2026, the hierarchy of inputs used in valuing the Fund's investments, which are carried at fair value, were as follows:

---

| | | | | |
|:---|:---|:---|:---|:---|
| **Asset Description** | &nbsp;&nbsp;**Level 1** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 2** | &nbsp;&nbsp;&nbsp;&nbsp;**Level 3** | &nbsp;&nbsp;&nbsp;&nbsp;**Total** |
| Closed-End Funds | &nbsp;&nbsp;$2086258 | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$— | &nbsp;&nbsp;&nbsp;&nbsp;$2086258 |
| Tax-Exempt Mortgage-Backed Securities | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 410918 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 410918 |
| Tax-Exempt Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;718803475 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;718803475 |
| Taxable Municipal Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48687625 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 48687625 |
| U.S. Treasury Obligations | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1982617 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 1982617 |
| Short-Term Investments | &nbsp;&nbsp;&nbsp;&nbsp; 662458 | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; — | &nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp; 662458 |
| **Total Investments** | &nbsp;&nbsp;**$2748716** | &nbsp;&nbsp;&nbsp;&nbsp;**$769884635** | &nbsp;&nbsp;&nbsp;&nbsp;**$—** | &nbsp;&nbsp;&nbsp;&nbsp;**$772633351** |

---

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

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

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

- **b. Investment Company Act file number:** 811-04409

- **c. CIK number of Registrant:** 0000778365

- **d. LEI of Registrant:** 549300URENTSNA53MO13

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

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

  - **City:** BOSTON

  - **State:** MA

  - **Foreign country:** US

  - **Zip / Postal Code:** 02109

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

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

- **a. Name of Series:** Eaton Vance Municipal Opportunities Fund

- **b. EDGAR series identifier (if any):** S000032714

- **c. LEI of Series:** 549300P3IF8ZN4Z8ZP38

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

- **a. Date of fiscal year-end:** 2026-07-31

- **b. Date as of which information is reported:** 2026-04-30

**Item A.4. Final filing**

Does the Fund anticipate that this will be its final filing on Form N-PORT? **No**

### Fund Information

**Total Assets:** $783409544.57

**Total Liabilities:** $34598938.69

**Net Assets:** $748810605.88

**Delayed Delivery Securities:** $32939505.05

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -879.10000000 | **1-Year:** -18858.51000000 | **5-Year:** -90404.54000000 | **10-Year:** -265982.12000000 | **30-Year:** -79359.96000000

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

- **3-Month:** -701.32000000 | **1-Year:** -6650.72000000 | **5-Year:** -14074.07000000 | **10-Year:** -25706.46000000 | **30-Year:** -4983.10000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000100971 | 1.51%                | -2.20%               | 1.36%                |
| Class ID C000100970 | 1.43%                | -2.29%               | 1.27%                |
| Class ID C000100969 | 1.58%                | -2.31%               | 1.34%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $1149040.43              | $8379449.11                                |
| Month 2  | $354178.45               | $-19163791.34                              |
| Month 3  | $486520.97               | $7241046.09                                |

**Designated Index Information**

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

- **Index Identifier:** MBINDEX

### Schedule of Portfolio Investments

| Name                                                                             | Title                                                        | Identifiers                                   | Payoff Profile   | Asset Category   | Issuer Category   | Country   |   Balance | Units   | Value (USD)   | % of Net Assets   | Maturity Date   | Coupon Type   | Annualized Rate (%)   | Restricted?   |   Fair Value Level | Lending Status   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Missouri Joint Municipal Electric Utility Commission                             | MISSOURI JT MUNI ELEC UTILITY COMMISSION PWR SUPPLY SYS REV  | CUSIP: 606094DQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105898.50   | 0.15%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District                                                        | OAK GROVE CA SCH DIST                                        | CUSIP: 6712056L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    485000 | PA      | $511188.35    | 0.07%             | 2051-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH REVENUE                          | CUSIP: 645918Z97<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    185000 | PA      | $188105.67    | 0.03%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Charter Township of White Lake MI                                                | WHITE LAKE TWP MI                                            | CUSIP: 964009GA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $752229.66    | 0.10%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BlackRock MuniHoldings California Quality Fund Inc                               | BlackRock MuniHoldings California Quality Fund Inc           | CUSIP: 09254L107<br>LEI: NKJSRCJXMS5PZYPXY795 | Long             | EC               | RF                | US        |    192815 | NS      | $2086258.30   | 0.28%             |  |  |  | No            |                  1 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609G42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1900520.69   | 0.25%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Round Rock TX                                                            | ROUND ROCK TX                                                | CUSIP: 779223NK8<br>LEI: 549300VJM2Z2IGVYF523 | Long             | DBT              | MUN               | US        |   3330000 | PA      | $3760091.48   | 0.50%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grants Pass OR Water Revenue                                             | GRANTS PASS OR WTR REVENUE                                   | CUSIP: 388388BK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1575000 | PA      | $1530405.61   | 0.20%             | 2049-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521BY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $338054.25    | 0.05%             | 2045-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526Q2V3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100211.40    | 0.01%             | 2034-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Caddo Parish Parishwide School District                                          | CADDO PARISH LA PARISHWIDE SCH DIST                          | CUSIP: 127269RW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $53906.92     | 0.01%             | 2044-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Sterling IL                                                              | STERLING IL                                                  | CUSIP: 859332KN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $563035.05    | 0.08%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Inlivian                                                                         | INLIVIAN NC MF REVENUE                                       | CUSIP: 45753CAV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1395000 | PA      | $1482781.21   | 0.20%             | 2043-02-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMV2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |     30000 | PA      | $30015.20     | 0.00%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 9860826J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149153.84    | 0.02%             | 2032-02-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Luzerne County Industrial Development Authority                                  | LUZERNE CNTY PA INDL DEV AUTH                                | CUSIP: 550728AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2670000 | PA      | $2519947.87   | 0.34%             | 2039-12-01      | Floating      | 2.45%                 | No            |                  2 | On Loan: No      |
| Lincoln Consolidated School District                                             | LINCOLN MI CONSOL SCH DIST                                   | CUSIP: 533883QN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $702369.18    | 0.09%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $348953.68    | 0.05%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lafourche Parish School Board                                                    | LAFOURCHE PARISH LA CONSOL SCH DIST #1                       | CUSIP: 507012ZF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $584553.09    | 0.08%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IPS Multi-School Building Corp                                                   | IPS MULTI-SCH BLDG CORP IN                                   | CUSIP: 46263RVZ5<br>LEI: 549300BHLK1DUJUYPM91 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $1129246.20   | 0.15%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DF80<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    105000 | PA      | $113113.23    | 0.02%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Will County Community Unit School District No 209-U Wilmington                   | WILL CNTY IL CMNTY UNIT SCH DIST #209-U WILMINGTON           | CUSIP: 969071KY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $163619.19    | 0.02%             | 2038-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Carbondale & Rural Fire Protection District                                      | CARBONDALE & RURAL FIRE PROT DIST CO                         | CUSIP: 141173DU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    725000 | PA      | $814839.17    | 0.11%             | 2045-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| County of Kenosha WI                                                             | KENOSHA CNTY WI                                              | CUSIP: 4897827P1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $327495.92    | 0.04%             | 2030-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Burbank-Glendale-Pasadena Airport Authority Brick Campaign                       | BURBANK GLENDALE PASADENA CA ARPT AUTH ARPT REVENUE          | CUSIP: 120827EA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3277977.30   | 0.44%             | 2042-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Effingham County Industrial Development Authority                                | EFFINGHAM CNTY GA INDL DEV AUTH REVENUE                      | CUSIP: 28209NCB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1001171.10   | 0.13%             | 2048-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Southwestern Pennsylvania Water Authority                                        | S WSTRN PENNSYLVANIA ST WTR AUTH WTR REVENUE                 | CUSIP: 845709CL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $446467.95    | 0.06%             | 2032-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521CA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $124482.51    | 0.02%             | 2055-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mabank Independent School District                                               | MABANK TX INDEP SCH DIST                                     | CUSIP: 554086PR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2635000 | PA      | $2473976.47   | 0.33%             | 2049-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Santa Fe NM                                                              | SANTA FE NM RETMNT FAC REVENUE                               | CUSIP: 802170AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $481846.03    | 0.06%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crestwood School District/MI                                                     | CRESTWOOD MI SCH DIST                                        | CUSIP: 226363JU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $214972.98    | 0.03%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HBC6<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512370.90    | 0.07%             | 2056-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $195118.40    | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA REVENUES                                  | CUSIP: 91412GEX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5230000 | PA      | $5230000.00   | 0.70%             | 2041-07-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                         | CUSIP: 47325RAK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1440000 | PA      | $1453044.82   | 0.19%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Centerville OH                                                           | CENTERVILLE OH HLTH CARE REVENUE                             | CUSIP: 152241AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    770000 | PA      | $772821.05    | 0.10%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia Water & Sewer Authority                                     | DIST OF COLUMBIA WTR & SWR AUTH PUBLIC UTILITY REVENUE       | CUSIP: 254845VV9<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.67%             | 2060-10-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| Morongo Band of Mission Indians/The                                              | MORONGO BAND OF MISSION INDIANS CA REVENUE                   | CUSIP: 61773RAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1775000 | PA      | $1879709.20   | 0.25%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TMQ3<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1793690.80   | 0.24%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Turnpike Authority                                                      | OKLAHOMA ST TURNPIKE AUTH                                    | CUSIP: 679111D27<br>LEI: 549300J83EP2PBDYH615 | Long             | DBT              | MUN               | US        |   4165000 | PA      | $4396926.36   | 0.59%             | 2053-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Gadsden AL                                                               | GADSDEN AL                                                   | CUSIP: 362460WH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $712174.13    | 0.10%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389D88<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3034417.80   | 0.41%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DuPage County School District No 58 Downers Grove                                | DU PAGE CNTY IL SCH DIST #58 DOWNERS GROVE                   | CUSIP: 263165JU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2765000 | PA      | $3100729.62   | 0.41%             | 2043-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| St Louis County Industrial Development Authority                                 | SAINT LOUIS CNTY MO INDL DEV AUTH SENIOR LIVING FACS         | CUSIP: 791524CK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $1963317.01   | 0.26%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Westfield-Washington Multi-School Building Corp                                  | WESTFIELD WASHINGTON IN MULTI-SCH BLDG CORP                  | CUSIP: 960225DT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $440350.91    | 0.06%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI TOLL REVENUE                              | CUSIP: 74448UAA6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2754961.50   | 0.37%             | 2060-06-30      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS LEASE REV  | CUSIP: 83704JAV5<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    845000 | PA      | $872156.44    | 0.12%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                              | RICHMOND VA                                                  | CUSIP: 76541VH34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1650629.38   | 0.22%             | 2050-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                              | RICHMOND VA                                                  | CUSIP: 76541VWL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $86106.34     | 0.01%             | 2036-07-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Greene Macoupin & Morgan Counties Community Unit School District No 10 Greenfiel | GREENE MACOUPIN & MORGAN CNTYS IL CMNTY SCH DIST #10         | CUSIP: 394712BU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $311771.92    | 0.04%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH SOL WST DISP REVENUE             | CUSIP: 13048RAF4<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002515.80   | 0.13%             | 2044-12-01      | Floating      | 3.45%                 | No            |                  2 | On Loan: No      |
| Nevada Housing Division                                                          | NEVADA ST HSG DIV SF MTGE REVENUE                            | CUSIP: 641279ZK3<br>LEI: 549300RE377OK3CTT852 | Long             | DBT              | MUN               | US        |    500000 | PA      | $496261.85    | 0.07%             | 2049-10-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                        | ANNE ARUNDEL CNTY MD                                         | CUSIP: 03588JNK4<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2708145.88   | 0.36%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 9860826K6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $258695.09    | 0.03%             | 2033-02-01      | Fixed         | 4.67%                 | No            |                  2 | On Loan: No      |
| City of Philadelphia PA Airport Revenue                                          | PHILADELPHIA PA ARPT REVENUE                                 | CUSIP: 717817UL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2990000 | PA      | $3017373.45   | 0.40%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $335837.60    | 0.04%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731F27<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1360363.90   | 0.18%             | 2044-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $264454.10    | 0.04%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 55                                   | HARRIS CNTY TX MUNI UTILITY DIST #55                         | CUSIP: 414912XB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1153148.94   | 0.15%             | 2042-02-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Duneland School Building Corp                                                    | DUNELAND IN SCH BLDG CORP                                    | CUSIP: 265404FK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2985000 | PA      | $2488907.03   | 0.33%             | 2042-01-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Virginia Port Authority                                                          | VIRGINIA ST PORT AUTH PORT FAC REVENUE                       | CUSIP: 928077LA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3457994.15   | 0.46%             | 2050-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Idaho Housing & Finance Association                                              | IDAHO ST HSG & FIN ASSN SALES TAX REVENUE                    | CUSIP: 45130ABU8<br>LEI: 5493002WM3NYB1LQB744 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1067743.80   | 0.14%             | 2048-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District CA                                         | BEVERLY HILLS CA UNIF SCH DIST                               | CUSIP: 088023PE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1980000 | PA      | $1878188.40   | 0.25%             | 2042-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| San Diego Unified School District/CA                                             | SAN DIEGO CA UNIF SCH DIST                                   | CUSIP: 797356UN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $2215775.52   | 0.30%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZU2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    795000 | PA      | $800843.25    | 0.11%             | 2040-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alameda Corridor Transportation Authority                                        | ALAMEDA CA CORRIDOR TRANSPRTN AUTH REVENUE                   | CUSIP: 010869LU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1247869.75   | 0.17%             | 2038-10-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486VV8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2862000 | PA      | $3019413.43   | 0.40%             | 2033-01-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Delaware State Housing Authority                                                 | DELAWARE ST HSG AUTH REVENUE                                 | CUSIP: 246395F36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200775.52    | 0.03%             | 2044-07-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Grosse Pointe Public School System                                               | GROSSE POINTE MI PUBLIC SCH SYS                              | CUSIP: 399100MP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538468.45    | 0.07%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Big Sky Resort Area District                                                     | BIG SKY RESORT AREA DIST RESORT TAX REVENUE                  | CUSIP: 08954GAU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $485438.94    | 0.06%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TVD2<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   6165000 | PA      | $5479149.92   | 0.73%             | 2047-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FLY8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    600000 | PA      | $614489.10    | 0.08%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| North Little Rock School District No 1                                           | NORTH LITTLE ROCK AR SCH DIST#1                              | CUSIP: 660631D90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1122165.49   | 0.15%             | 2048-02-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority                                           | ARKANSAS ST DEV FIN AUTH REVENUE                             | CUSIP: 04108KW38<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $658488.30    | 0.09%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp I                                | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP I GAS SPLY REVENUE | CUSIP: 88256CAW9<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    860000 | PA      | $860102.08    | 0.11%             | 2026-12-15      | Floating      | 3.34%                 | No            |                  2 | On Loan: No      |
| Parish of St John the Baptist LA                                                 | SAINT JOHN BAPTIST PARISH LA                                 | CUSIP: 790178VK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $201847.66    | 0.03%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fort Bend County Municipal Management District No 1                              | FORT BEND CNTY TX MUNI MANAGEMENT DIST #1                    | CUSIP: 34677MKF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $104322.84    | 0.01%             | 2049-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934K5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1601045.25   | 0.21%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District                                                        | OAK GROVE CA SCH DIST                                        | CUSIP: 6712056G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1092930.10   | 0.15%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 9860826B6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    680000 | PA      | $671545.15    | 0.09%             | 2045-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Virginia College Building Authority                                              | VIRGINIA CLG BLDG AUTH EDUCTNL FACS REVENUE                  | CUSIP: 92778FLY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26308.48     | 0.00%             | 2050-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District No 1                                         | RAMPART RANGE CO MET DIST #1 LIMITED TAX SUPPORTED & SPL REV | CUSIP: 75157TAT6<br>LEI: 549300YG458KQEHMQF33 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36419.07     | 0.00%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Generation Park Management District                                              | GENERATION PARK TX MGMT DIST                                 | CUSIP: 37149ALY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1456307.34   | 0.19%             | 2045-09-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| Paris Union School District No 95/IL                                             | PARIS IL UNIF SCH DIST #95                                   | CUSIP: 699598DF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $536679.45    | 0.07%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox Warren Etc Counties Community College District No 518 Carl Sandburg         | KNOX WARREN ETC CNTYS IL CMNTY CLG DIST #518                 | CUSIP: 499635CU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1170000 | PA      | $1170705.28   | 0.16%             | 2035-12-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Sales Tax Securitization Corp                                                    | SALES TAX SECURITIZATION CORP IL                             | CUSIP: 79467BCX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4204845.60   | 0.56%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Norwalk Housing Authority                                                        | NORWALK CT HSG AUTH MF HSG TAXEXEMPT BONDS                   | CUSIP: 668866AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1685000 | PA      | $1692200.68   | 0.23%             | 2042-09-01      | Fixed         | 4.40%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                        | KALISPEL TRIBE OF INDIANS PRIORITY DIST WA REVENUE           | CUSIP: 48340PAR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1469570.94   | 0.20%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH EDUCTNL FACS LEASE REVENUE           | CUSIP: 89952PJD8<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |     50000 | PA      | $55944.98     | 0.01%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Independent School District                                        | GRAND PRAIRIE TX INDEP SCH DIST                              | CUSIP: 386155CZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000569.80   | 0.27%             | 2035-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Mount Vernon IL                                                          | MOUNT VERNON IL                                              | CUSIP: 623385FZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $918301.30    | 0.12%             | 2037-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Beaufort-Jasper Water & Sewer Authority                                          | BEAUFORT-JASPER SC WTR & SWR AUTH WTRWKS & SWR SYS REVENUE   | CUSIP: 074358HT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    845000 | PA      | $821360.45    | 0.11%             | 2047-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Juban Crossing Economic Development District                                     | JUBAN CROSSING ECON DEV DIST LA REVENUE                      | CUSIP: 48125RBM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1640626.67   | 0.22%             | 2044-09-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Missouri Housing Development Commission                                          | MISSOURI ST HSG DEV COMMISSION SF MTGE REVENUE               | CUSIP: 60637BXP0<br>LEI: 5493007FBL7WCV3NKY25 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1223612.85   | 0.16%             | 2040-11-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Georgia Housing & Finance Authority                                              | GEORGIA ST HSG & FIN AUTH REVENUE                            | CUSIP: 37353PHH5<br>LEI: 549300I628IMF9PWV724 | Long             | DBT              | MUN               | US        |   2120000 | PA      | $1663475.38   | 0.22%             | 2041-12-01      | Fixed         | 2.40%                 | No            |                  2 | On Loan: No      |
| Greene Macoupin & Morgan Counties Community Unit School District No 10 Greenfiel | GREENE MACOUPIN & MORGAN CNTYS IL CMNTY SCH DIST #10         | CUSIP: 394712BW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $159396.81    | 0.02%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $117466.94    | 0.02%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056DU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1211196.26   | 0.16%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Lynchburg VA                                                             | LYNCHBURG VA                                                 | CUSIP: 55127LAW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1012135.95   | 0.14%             | 2040-08-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $434214.90    | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marshall County Educational Facilities Authority                                 | MARSHALL CNTY OK EDUCTNL FACS AUTH EDUCTNL FACS LEASE REVENU | CUSIP: 572225BU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1344969.75   | 0.18%             | 2038-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Raindance Metropolitan District No 2                                             | RAINDANCE MET DIST NO 2 CO                                   | CUSIP: 75087FAQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $695486.75    | 0.09%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                               | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632FD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $145267.68    | 0.02%             | 2044-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Lakeland School Building Corp                                                    | LAKELAND IN SCH BLDG CORP                                    | CUSIP: 511786CV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $505363.85    | 0.07%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Paris Union School District No 95/IL                                             | PARIS IL UNIF SCH DIST #95                                   | CUSIP: 699598DD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $510238.86    | 0.07%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DK92<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1083480.04   | 0.14%             | 2049-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery TX                                                          | MONTGOMERY CNTY TX                                           | CUSIP: 613682CM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $940524.93    | 0.13%             | 2050-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Paris Union School District No 95/IL                                             | PARIS IL UNIF SCH DIST #95                                   | CUSIP: 699598DG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $681612.61    | 0.09%             | 2043-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Grand Rapids Public School District                                         | EAST GRAND RAPIDS MI PUBLIC SCH DIST                         | CUSIP: 272497TN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2070000 | PA      | $2159515.70   | 0.29%             | 2052-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Juban Crossing Economic Development District                                     | JUBAN CROSSING ECON DEV DIST LA REVENUE                      | CUSIP: 48125RCP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $391196.01    | 0.05%             | 2045-09-15      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| County of Darke OH                                                               | DARKE CNTY OH HOSP FACS REVENUE                              | CUSIP: 237242AR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3455000 | PA      | $2861207.12   | 0.38%             | 2045-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505ZD1<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5252105.00   | 0.70%             | 2037-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Rio Elementary School District Community Facilities District                     | RIO CA ELEM SCH DIST CMNTY FACS DIST SPL TAX                 | CUSIP: 767027EG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1305260.70   | 0.17%             | 2032-09-01      | Fixed         | 2.46%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $271328.56    | 0.04%             | 2055-11-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Kankakee Iroquois Ford Etc Counties Community Unit School District No 2 Herscher | KANKAKEE IROQUOIS & FORD CNTYS IL CMNTY UNIT SCH DIST #2     | CUSIP: 484494FB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $963074.81    | 0.13%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116BY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000155.80   | 0.27%             | 2032-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                         | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680GY9<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    350000 | PA      | $397315.07    | 0.05%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Centerton AR Sales & Use Tax Revenue                                     | CENTERTON AR SALES & USE TAX                                 | CUSIP: 152014DP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $24115.58     | 0.00%             | 2049-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Metropolitan District/The                                                        | HARTFORD CNTY CT MET DIST                                    | CUSIP: 416489H62<br>LEI: 549300CEZQKAR15IFS62 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035968.00   | 0.27%             | 2042-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Alaska Housing Finance Corp                                                      | ALASKA ST HSG FIN CORP MTGE REVENUE                          | CUSIP: 01170RSS2<br>LEI: 549300HJ8NOJNYW6ER36 | Long             | DBT              | MUN               | US        |    550000 | PA      | $542133.35    | 0.07%             | 2051-06-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Clemson University                                                               | CLEMSON SC UNIV UNIV REVENUES                                | CUSIP: 185630E63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $213867.91    | 0.03%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Franklin County Industrial Development Authority/PA                              | FRANKLIN CNTY PA INDL DEV AUTH REVENUE                       | CUSIP: 353273BS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $507614.50    | 0.07%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gretna Public Schools                                                            | SARPY CNTY NE SCH DIST #37                                   | CUSIP: 803770XB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1420000 | PA      | $1423656.50   | 0.19%             | 2027-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783YV2<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    445000 | PA      | $453352.43    | 0.06%             | 2028-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMG4<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   3100000 | PA      | $2777792.20   | 0.37%             | 2047-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| University of Wisconsin Hospitals & Clinics                                      | UNIV HOSPS & CLINICS AUTH WI                                 | CUSIP: 915260DH3<br>LEI: 549300O76DW14JGO7224 | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2382372.38   | 0.32%             | 2048-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Bath Community Schools                                                           | BATH MI CMNTY SCHS                                           | CUSIP: 071095PC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $136515.83    | 0.02%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505D29<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    500000 | PA      | $504105.65    | 0.07%             | 2045-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Sarpy County School District No 46                                               | SARPY CNTY NE SCH DIST #46                                   | CUSIP: 803787EV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1735000 | PA      | $1830167.35   | 0.24%             | 2042-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Gadsden AL                                                               | GADSDEN AL                                                   | CUSIP: 362460WG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $292371.77    | 0.04%             | 2041-09-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DR61<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    250000 | PA      | $265176.83    | 0.04%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| College of Western Idaho                                                         | CLG OF WSTRN ID ANNUAL APPROP COPS                           | CUSIP: 194521BZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $251873.09    | 0.03%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                        | UNIV OF CONNECTICUT CT                                       | CUSIP: 9142335L1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1102886.50   | 0.15%             | 2043-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Marin Community College District                                                 | MARIN CA CMNTY CLG DIST                                      | CUSIP: 56781RLC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1250824.80   | 0.17%             | 2034-08-01      | Fixed         | 2.14%                 | No            |                  2 | On Loan: No      |
| Anderson School Building Corp                                                    | ANDERSON IN SCH BLDG CORP                                    | CUSIP: 033896PW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $225976.32    | 0.03%             | 2037-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743XZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2166876.73   | 0.29%             | 2040-11-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EEG1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    260000 | PA      | $240903.10    | 0.03%             | 2049-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                            | LONG BEACH CA CMNTY CLG DIST                                 | CUSIP: 542411QV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1366162.63   | 0.18%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Carolina Housing Finance Agency                                            | NORTH CAROLINA ST HSG FIN AGY HOMEOWNERSHIP REVENUE          | CUSIP: 6582074F9<br>LEI: EC4EE0PS5OP5O69B5C39 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2400000.00   | 0.32%             | 2049-07-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD | CUSIP: 592029BP6<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |   1960000 | PA      | $1679013.42   | 0.22%             | 2051-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Umatilla County School District No 8R Hermiston                                  | UMATILLA CNTY OR SCH DIST #8 R HERMISTON                     | CUSIP: 904121PL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $1214429.52   | 0.16%             | 2043-06-15      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056DR6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    970000 | PA      | $1057842.52   | 0.14%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584XS77<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1341118.24   | 0.18%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE             | CUSIP: 924166LV1<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1248754.53   | 0.17%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Rockwall TX                                                            | ROCKWALL CNTY TX                                             | CUSIP: 774268UD6<br>LEI: 549300EBIHXYCV58YR59 | Long             | DBT              | MUN               | US        |    280000 | PA      | $272880.02    | 0.04%             | 2046-02-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063D2G2<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5462218.50   | 0.73%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Calhoun County Hospital Finance Authority                                        | CALHOUN CNTY MI HOSP FIN AUTH REVENUE                        | CUSIP: 12964UAQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1710000 | PA      | $1719272.48   | 0.23%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZV0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1060000 | PA      | $990809.56    | 0.13%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Durango CO Sales & Use Tax Revenue                                       | DURANGO CO SALES & USE TAX REVENUE                           | CUSIP: 266463FD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $461059.34    | 0.06%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Transportation Authority                                            | MET TRANSPRTN AUTH NY REVENUE                                | CUSIP: 59261AX44<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1750000.00   | 0.23%             | 2032-11-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C2W1<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    100000 | PA      | $94644.11     | 0.01%             | 2054-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Grand Forks ND                                                           | GRAND FORKS ND HLTH CARE SYS REVENUE                         | CUSIP: 38546WDR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1747125.75   | 0.23%             | 2051-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CLR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $58318.00     | 0.01%             | 2040-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Castle Rock CO                                                           | CASTLE ROCK CO COPS                                          | CUSIP: 14848PBX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $1140457.76   | 0.15%             | 2043-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Bullhead AZ Excise Taxes Revenue                                         | BULLHEAD CITY AZ EXCISE TAX REVENUE                          | CUSIP: 12022MAZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $493706.19    | 0.07%             | 2036-07-01      | Fixed         | 2.10%                 | No            |                  2 | On Loan: No      |
| San Bernardino County Redevelopment Agency Successor Agency                      | SAN BERNARDINO CNTY CA REDEV AGY SUCCESSOR AGY TAX ALLOCATIO | CUSIP: 79687DAL9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499369.60    | 0.07%             | 2026-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Village Community Development District                                     | S VLG FL CDD CAPITAL IMPT REVENUE                            | CUSIP: 84060HAR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $60000.00     | 0.01%             | 2026-05-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| City of Los Angeles Department of Airports                                       | LOS ANGELES CA DEPT OF ARPTS ARPT REVENUE                    | CUSIP: 544445NQ8<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   3080000 | PA      | $3212722.44   | 0.43%             | 2036-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                           | MARYLAND CMNTY DEV ADMIN HSG & CMNTY DEV                     | CUSIP: 57419UCE6<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |    285000 | PA      | $285390.85    | 0.04%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| Lawton Industrial Development Authority                                          | LAWTON OK INDL DEV AUTH SALES TAX REVENUE                    | CUSIP: 521005AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $546111.75    | 0.07%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Richland SC                                                            | RICHLAND CNTY SC                                             | CUSIP: 7636315H7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $709686.00    | 0.09%             | 2039-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Montrose CO Sewer Utility Revenue                                        | MONTROSE CO SWR UTILITY REVENUE                              | CUSIP: 615088AU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $690642.27    | 0.09%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                               | CUSIP: 56682HCX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2840000 | PA      | $2524055.40   | 0.34%             | 2048-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Woodruff-Roebuck Water District                                                  | WOODRUFF-ROEBUCK SC WTR DIST WTR SYS REVENUE                 | CUSIP: 980017CU9<br>LEI: 549300VTSLYYDKX4LJ55 | Long             | DBT              | MUN               | US        |    120000 | PA      | $132382.40    | 0.02%             | 2040-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSONCNTY TN HLTH & EDUCTNL FAC BRD  | CUSIP: 592041A64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1635000 | PA      | $1788585.20   | 0.24%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Yonkers NY                                                               | YONKERS NY                                                   | CUSIP: 9860826A8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $484742.34    | 0.06%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI SOL WST DISP REVENUE                      | CUSIP: 74445MAC3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6487430.95   | 0.87%             | 2029-07-01      | Floating      | 1.10%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056DX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    655000 | PA      | $689136.05    | 0.09%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Village Community Development District                                     | S VLG FL CDD CAPITAL IMPT REVENUE                            | CUSIP: 84060HAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $94648.84     | 0.01%             | 2027-05-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Elk Grove Finance Authority                                                      | ELK GROVE CA FIN AUTH SPL TAX REVENUE                        | CUSIP: 287254JZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $467801.18    | 0.06%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DQ96<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105109.90   | 0.15%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Water Resources Board                                                   | OKLAHOMA ST WTR RES BRD ST LOAN PROGRAM REVENUE              | CUSIP: 67920Q5K0<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |    975000 | PA      | $971375.83    | 0.13%             | 2044-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182TCR6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2624905.25   | 0.35%             | 2049-06-01      | Floating      | 5.50%                 | No            |                  2 | On Loan: No      |
| Portage Community School District/WI                                             | PORTAGE WI CMNTY SCH DIST                                    | CUSIP: 736036EA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $53773.86     | 0.01%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45203HU34<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    370000 | PA      | $370209.64    | 0.05%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles Unified School District/CA                                           | LOS ANGELES CA UNIF SCH DIST                                 | CUSIP: 544647MK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4530202.74   | 0.60%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rogers County Educational Facilities Authority                                   | ROGERS CNTY OK EDUCTNL FACS AUTH EDUCTNL FACS LEASE REVENUE  | CUSIP: 77514RCA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $543099.01    | 0.07%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sterling IL                                                              | STERLING IL                                                  | CUSIP: 859332KS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    940000 | PA      | $1032444.68   | 0.14%             | 2040-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Paris Union School District No 95/IL                                             | PARIS IL UNIF SCH DIST #95                                   | CUSIP: 699598DH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $496157.90    | 0.07%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DVC3<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   4905000 | PA      | $5089736.03   | 0.68%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Huffman Independent School District                                              | HUFFMAN TX INDEP SCH DIST                                    | CUSIP: 444348B88<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1930000 | PA      | $2112246.43   | 0.28%             | 2043-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Caledonia Community Schools                                                      | CALEDONIA MI CMNTY SCHS                                      | CUSIP: 129271WY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $542406.95    | 0.07%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Luis Coastal Unified School District                                         | SAN LUIS COASTAL CA UNIF SCH DIST                            | CUSIP: 798546EF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $98954.74     | 0.01%             | 2053-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                         | CUSIP: 47325RAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1569751.31   | 0.21%             | 2030-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY                                      | CUSIP: 64987D6K5<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 0.53%             | 2055-11-01      | Floating      | 3.73%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority                                            | LOUISIANA ST PUBLIC FACS AUTHLEASE REVENUE                   | CUSIP: 54639TDL3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    700000 | PA      | $766664.57    | 0.10%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Hot Springs AR Wastewater Revenue                                        | HOT SPRINGS AR WSTWTR REVENUE                                | CUSIP: 441178DT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $18951.60     | 0.00%             | 2050-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH HLTHCARE FACS REVENUE   | CUSIP: 928105BZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1046527.35   | 0.14%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Paris Union School District No 95/IL                                             | PARIS IL UNIF SCH DIST #95                                   | CUSIP: 699598DJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | PA      | $454736.86    | 0.06%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH RSDL FACS REVENUE       | CUSIP: 83704CAS7<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008004.50   | 0.13%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151S67<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1870000 | PA      | $2116222.53   | 0.28%             | 2033-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Oxford City Board of Education                                                   | OXFORD AL BRD EDU SCH TAX WARRANTS                           | CUSIP: 691397CH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $218310.93    | 0.03%             | 2050-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland State Transportation Authority                                          | MARYLAND ST TRANSPRTN AUTH TRANSPRTN FACS PROJ REVENUE       | CUSIP: 574300MN6<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |    250000 | PA      | $246092.63    | 0.03%             | 2045-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Oroville CA                                                              | OROVILLE CA REVENUE                                          | CUSIP: 687241AJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1224000.00   | 0.16%             | 2034-04-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Steel Valley School District                                                     | STEEL VLY PA SCH DIST ALLEGHENY CNTY                         | CUSIP: 858151MZ3<br>LEI: 549300BYA5FSMYFPGP34 | Long             | DBT              | MUN               | US        |     45000 | PA      | $44336.68     | 0.01%             | 2047-11-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775HFK4<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2598508.02   | 0.35%             | 2029-11-15      | Fixed         | 1.10%                 | No            |                  2 | On Loan: No      |
| Knox County Community Unit School District No 202 Knoxville                      | KNOX CNTY IL CMNTY UNIT SCH DIST #202 KNOXVILLE              | CUSIP: 499350FH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $361023.66    | 0.05%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Park County Elementary School District No J-12 Shields Valley                    | PARK CNTY MT ELEM SCH DIST #J-12 SHIELDS VLY                 | CUSIP: 700262BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $149918.01    | 0.02%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oregon City School District No 62                                                | CLACKAMAS CNTY OR SCH DIST #62C OREGON CITY                  | CUSIP: 179162LS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    785000 | PA      | $863064.48    | 0.12%             | 2043-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lafourche Parish School Board                                                    | LAFOURCHE PARISH LA CONSOL SCH DIST #1                       | CUSIP: 507012ZE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    570000 | PA      | $591882.47    | 0.08%             | 2045-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parish of St James LA                                                            | SAINT JAMES PARISH LA REVENUE                                | CUSIP: 790103BR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $870874.84    | 0.12%             | 2046-05-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| City of Atlantic City NJ                                                         | ATLANTIC CITY NJ                                             | CUSIP: 048339UG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    950000 | PA      | $983071.88    | 0.13%             | 2028-03-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Marshall County Educational Facilities Authority                                 | MARSHALL CNTY OK EDUCTNL FACS AUTH EDUCTNL FACS LEASE REVENU | CUSIP: 572225BW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1380000 | PA      | $1470438.44   | 0.20%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783YX8<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    500000 | PA      | $512290.25    | 0.07%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA Water & Sewer Revenue                                      | SHREVEPORT LA WTR & SWR REVENUE                              | CUSIP: 825485YH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2716330.68   | 0.36%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1725000 | PA      | $1720079.09   | 0.23%             | 2054-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Virginia Commonwealth University Health System Authority                         | VIRGINIA ST CMWLTH UNIV HLTH SYS AUTH REVENUE                | CUSIP: 92778LDN7<br>LEI: 07ROV40HIZGU2Q6OXJ58 | Long             | DBT              | MUN               | US        |   2075000 | PA      | $1910710.42   | 0.26%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Will County Community Unit School District No 209-U Wilmington                   | WILL CNTY IL CMNTY UNIT SCH DIST #209-U WILMINGTON           | CUSIP: 969071KX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $65801.72     | 0.01%             | 2037-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Paris Union School District No 95/IL                                             | PARIS IL UNIF SCH DIST #95                                   | CUSIP: 699598DE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $561195.54    | 0.07%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc                                                      | MAIN STREET NATURAL GAS INC GA GAS SUPPLY REVENUE            | CUSIP: 56035DFT4<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2110936.20   | 0.28%             | 2054-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Big Sky Resort Area District                                                     | BIG SKY RESORT AREA DIST RESORT TAX REVENUE                  | CUSIP: 08954GAW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $582031.73    | 0.08%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                         | CUSIP: 47325RAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    505000 | PA      | $497118.41    | 0.07%             | 2029-11-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QR0<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   5365000 | PA      | $5326463.74   | 0.71%             | 2039-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Knox County Community Unit School District No 202 Knoxville                      | KNOX CNTY IL CMNTY UNIT SCH DIST #202 KNOXVILLE              | CUSIP: 499350FK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $259336.25    | 0.03%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Independent School District                                        | GRAND PRAIRIE TX INDEP SCH DIST                              | CUSIP: 386155CV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1716211.13   | 0.23%             | 2031-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG REVENUE                      | CUSIP: 20775QBA0<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2106168.20   | 0.28%             | 2041-10-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| City of Montrose CO Sewer Utility Revenue                                        | MONTROSE CO SWR UTILITY REVENUE                              | CUSIP: 615088AS0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $247227.21    | 0.03%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063A5E0<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2310000 | PA      | $2649290.03   | 0.35%             | 2034-04-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| City of Winston-Salem NC                                                         | WINSTON SALEM NC LTD OBLG                                    | CUSIP: 975680HE2<br>LEI: 549300AUJB2WE4FMLE24 | Long             | DBT              | MUN               | US        |    290000 | PA      | $317550.75    | 0.04%             | 2042-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cartersville GA Water & Sewer Revenue                                    | CARTERSVILLE GA WTR & SWR REVENUE                            | CUSIP: 146501RS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1715000 | PA      | $1688917.25   | 0.23%             | 2046-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Town of Bennett CO Wastewater Revenue                                            | BENNETT CO WSTWTR REVENUE                                    | CUSIP: 082162AT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1575519.57   | 0.21%             | 2049-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Johnson & Miami Counties Unified School District No 230 Spring Hills             | JOHNSON & MIAMI CNTYS KS UNIF SCH DIST #230                  | CUSIP: 478164KW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1700000 | PA      | $2009750.71   | 0.27%             | 2040-09-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Santa Fe NM                                                              | SANTA FE NM RETMNT FAC REVENUE                               | CUSIP: 802170AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $1108884.25   | 0.15%             | 2034-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783WH5<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    145000 | PA      | $144928.30    | 0.02%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD | CUSIP: 04052FFV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    590000 | PA      | $622000.01    | 0.08%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3020000 | PA      | $2728187.67   | 0.36%             | 2049-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056EA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $438869.62    | 0.06%             | 2048-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fairfax County Industrial Development Authority                                  | FAIRFAX CNTY VA INDL DEV AUTH REVENUE                        | CUSIP: 303823MW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    335000 | PA      | $314855.28    | 0.04%             | 2048-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lawton Industrial Development Authority                                          | LAWTON OK INDL DEV AUTH SALES TAX REVENUE                    | CUSIP: 521005BJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $318673.44    | 0.04%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526M8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1852235.60   | 0.25%             | 2045-05-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| University of Alabama/The                                                        | UNIV OF ALABAMA AL GEN FEE REVENUE                           | CUSIP: 914025HG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1143678.34   | 0.15%             | 2038-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Village of Bradley IL                                                            | BRADLEY IL                                                   | CUSIP: 104575EM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $608659.29    | 0.08%             | 2044-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LFH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4895000 | PA      | $4488761.50   | 0.60%             | 2046-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Washington Airports Authority Aviation Revenue                      | MET WASHINGTON DC ARPTS AUTH ARPT SYS REVENUE                | CUSIP: 592647LW9<br>LEI: 7HERAVJJLN8J1DZ6AZ19 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1713854.40   | 0.23%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kankakee Iroquois Ford Etc Counties Community Unit School District No 2 Herscher | KANKAKEE IROQUOIS & FORD CNTYS IL CMNTY UNIT SCH DIST #2     | CUSIP: 484494EX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $47324.31     | 0.01%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DK50<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    150000 | PA      | $165557.22    | 0.02%             | 2043-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TRY9<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2300000.00   | 0.31%             | 2047-07-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| San Mateo County Transit District Sales Tax Revenue                              | SAN MATEO CNTY CA TRANSPRTN AUTH SALES TAX REVENUE           | CUSIP: 79905CAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3500000.00   | 0.47%             | 2049-06-01      | Floating      | 2.95%                 | No            |                  2 | On Loan: No      |
| Southeast Energy Authority A Cooperative District                                | SOUTHEAST ENERGY AUTHORITY A COOPERATIVE                     | CUSIP: 84136HCF8<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1330699.50   | 0.18%             | 2055-05-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI RETMNT FAC REVENUE                        | CUSIP: 74444VAQ3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1559940.54   | 0.21%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783YW0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    460000 | PA      | $473509.37    | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of New York NY                                                              | NEW YORK NY                                                  | CUSIP: 64966SRM0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   3455000 | PA      | $3628731.57   | 0.48%             | 2051-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UAV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1402492.80   | 0.19%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731F43<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |   1840000 | PA      | $1929867.81   | 0.26%             | 2050-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $94577.80     | 0.01%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063EEZ5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4000000.00   | 0.53%             | 2048-05-01      | Floating      | 2.25%                 | No            |                  2 | On Loan: No      |
| Town of Snowmass Village CO                                                      | SNOWMAS VLG CO COPS                                          | CUSIP: 83343GBK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    715000 | PA      | $726577.07    | 0.10%             | 2040-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Mida Mountain Village Public Infrastructure District                             | MIDA MOUNTAIN VLG PUBLIC INFRASTRUCTURE DIST UT TAX ALLOCATI | CUSIP: 59561UAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2061267.80   | 0.28%             | 2039-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Bassett Unified School District                                                  | BASSETT CA UNIF SCH DIST                                     | CUSIP: 070185WN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1585000 | PA      | $1707172.28   | 0.23%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150945.68    | 0.02%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Central Weld County Water District                                               | CENTRL WELD CNTY CO WTR DIST REVENUE                         | CUSIP: 156024CV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $364561.39    | 0.05%             | 2054-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cartersville GA Water & Sewer Revenue                                    | CARTERSVILLE GA WTR & SWR REVENUE                            | CUSIP: 146501RT0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $534603.45    | 0.07%             | 2047-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oneida Indian Nation of New York                                                 | ONEIDA INDIAN NATION NY TAX REVENUE                          | CUSIP: 682504AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3255000 | PA      | $3279717.49   | 0.44%             | 2034-09-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968M7S2<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    120000 | PA      | $120100.92    | 0.02%             | 2044-09-01      | Fixed         | 4.55%                 | No            |                  2 | On Loan: No      |
| City of Rock Hill SC                                                             | ROCK HILL SC LTD OBLIG                                       | CUSIP: 772228CR1<br>LEI: 549300IDMJM5N10TI384 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1391331.81   | 0.19%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| East Grand Rapids Public School District                                         | EAST GRAND RAPIDS MI PUBLIC SCH DIST                         | CUSIP: 272497TK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    595000 | PA      | $642709.54    | 0.09%             | 2045-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH RSDL FACS REVENUE       | CUSIP: 83704CAR9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1688663.65   | 0.23%             | 2028-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Castle Rock CO                                                           | CASTLE ROCK CO COPS                                          | CUSIP: 14848PCU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    185000 | PA      | $194713.54    | 0.03%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Anderson School Building Corp                                                    | ANDERSON IN SCH BLDG CORP                                    | CUSIP: 033896PY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $56557.90     | 0.01%             | 2038-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Grayson County Junior College District/TX                                        | GRAYSON CNTY TX JNR CLG DIST                                 | CUSIP: 389712HP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1890000 | PA      | $1742652.39   | 0.23%             | 2049-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMC4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3220000 | PA      | $3221630.93   | 0.43%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery Water Works & Sanitary Sewer Board                                    | MONTGOMERY AL WTRWKS & SAN SWR BRD WTR & SWR SYS REVENUE     | CUSIP: 613105NF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $624592.08    | 0.08%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crawford County Hospital Authority                                               | CRAWFORD CNTY PA HOSP AUTH                                   | CUSIP: 225004AP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2661305.79   | 0.36%             | 2036-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Hamilton Southeastern Consolidated School Building Corp                          | HAMILTON IN S ESTRN CONSOL SCH BLDG CORP                     | CUSIP: 40785KCA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $339633.95    | 0.05%             | 2041-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    920000 | PA      | $925135.16    | 0.12%             | 2039-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Mason County School District No 402 Pioneer                                      | MASON CNTY WA SCH DIST #402 PIONEER                          | CUSIP: 575180DX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    190000 | PA      | $211306.79    | 0.03%             | 2038-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corp                        | TARRANT CNTY TX CULTURAL EDU FACS FIN CORP RETMNT FAC REVENU | CUSIP: 87638RKH9<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   4650000 | PA      | $4397481.75   | 0.59%             | 2055-11-15      | Fixed         | 6.88%                 | No            |                  2 | On Loan: No      |
| University of California                                                         | UNIV OF CALIFORNIA CA REVENUES                               | CUSIP: 91412HFG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1127018.29   | 0.15%             | 2029-07-01      | Fixed         | 3.35%                 | No            |                  2 | On Loan: No      |
| County of Baldwin AL                                                             | BALDWIN CNTY AL                                              | CUSIP: 057845SV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $246519.96    | 0.03%             | 2043-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505QP4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |    935000 | PA      | $931927.96    | 0.12%             | 2035-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Crestwood School District/MI                                                     | CRESTWOOD MI SCH DIST                                        | CUSIP: 226363JW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $184662.92    | 0.02%             | 2047-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Community Choice Financing Authority                                  | CALIFORNIA CMNTY CHOICE FING AUTH CLEAN ENERGY PROJ REVENUE  | CUSIP: 13013JEA0<br>LEI: 549300X8VKJ215S2R571 | Long             | DBT              | MUN               | US        |   7610000 | PA      | $7789812.89   | 1.04%             | 2055-01-01      | Floating      | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EEF3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    140000 | PA      | $139748.52    | 0.02%             | 2039-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Clemson University                                                               | CLEMSON SC UNIV UNIV REVENUES                                | CUSIP: 185630E97<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $498627.93    | 0.07%             | 2050-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526Q2M3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1110000 | PA      | $1121791.31   | 0.15%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731E85<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |    770000 | PA      | $831457.47    | 0.11%             | 2042-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority                                           | CALIFORNIA ST MUNI FIN AUTH STUDENT HSG REVENUE              | CUSIP: 13049YDT5<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1893104.07   | 0.25%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YCT6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2560000 | PA      | $2620978.69   | 0.35%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FBP8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350178.01    | 0.05%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PL4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4475000 | PA      | $4348717.29   | 0.58%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH STUDENT HSG REVENUE                 | CUSIP: 71885DCW0<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    310000 | PA      | $316474.07    | 0.04%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH EDUCTNL FACS REVENUE    | CUSIP: 83704MFE1<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2095000 | PA      | $2329800.90   | 0.31%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Juban Crossing Economic Development District                                     | JUBAN CROSSING ECON DEV DIST LA REVENUE                      | CUSIP: 48125RCJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1935000 | PA      | $1938487.06   | 0.26%             | 2049-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of San Clemente CA                                                          | SAN CLEMENTE CA SPL TAX                                      | CUSIP: 797214DG5<br>LEI: 254900UTAMSIX5XRDK86 | Long             | DBT              | MUN               | US        |    545000 | PA      | $618160.75    | 0.08%             | 2040-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Allegheny County Airport Authority                                               | ALLEGHENY CNTY PA ARPT AUTH ARPT REVENUE                     | CUSIP: 01728LGX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $982706.13    | 0.13%             | 2038-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Will & Kankakee Counties School District No 255                                  | WILL & KANKAKEE CNTYS IL SCH DIST #255                       | CUSIP: 968639BF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $701170.26    | 0.09%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Community Development Administration                                    | CMNTY DEV ADMIN MD MF DEV REVENUE                            | CUSIP: 20364NCJ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1957406.52   | 0.26%             | 2044-02-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| Western Michigan University                                                      | WSTRN MI UNIV                                                | CUSIP: 958638B49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     60000 | PA      | $63632.12     | 0.01%             | 2045-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                               | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632EZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $259166.69    | 0.03%             | 2040-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Kalispel Tribe of Indians                                                        | KALISPEL TRIBE OF INDIANS PRIORITY DIST WA REVENUE           | CUSIP: 48340PAT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1013497.20   | 0.14%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Darien CT                                                                | DARIEN CT                                                    | CUSIP: 237217Y32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $413170.12    | 0.06%             | 2039-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526QLV2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    280000 | PA      | $281144.92    | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan District/The                                                        | HARTFORD CNTY CT MET DIST                                    | CUSIP: 416489H70<br>LEI: 549300CEZQKAR15IFS62 | Long             | DBT              | MUN               | US        |   1925000 | PA      | $1964674.83   | 0.26%             | 2043-09-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Storey County School District                                                    | STOREY CNTY NV SCH DIST                                      | CUSIP: 862166EX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    165000 | PA      | $165357.31    | 0.02%             | 2044-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507UG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $656452.42    | 0.09%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REV                  | CUSIP: 20774YXK8<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    455000 | PA      | $455554.01    | 0.06%             | 2041-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Southmont School Building Corp                                                   | SOUTHMONT IN SCH BLDG CORP                                   | CUSIP: 84455RCZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    525000 | PA      | $569654.14    | 0.08%             | 2041-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731E77<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |    245000 | PA      | $266956.46    | 0.04%             | 2041-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Virginia                                                         | VIRGINIA ST                                                  | CUSIP: 928110DB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $237447.45    | 0.03%             | 2041-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Z33<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3790000 | PA      | $3879350.77   | 0.52%             | 2046-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DK76<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    200000 | PA      | $217170.32    | 0.03%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lincoln Consolidated School District                                             | LINCOLN MI CONSOL SCH DIST                                   | CUSIP: 533883QQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    550000 | PA      | $621136.23    | 0.08%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Miller County School District                                                    | MILLER CNTY GA SCH DIST                                      | CUSIP: 600454BK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $327079.32    | 0.04%             | 2044-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $152408.63    | 0.02%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| East Jackson Community Schools                                                   | E JACKSON MI CMNTY SCHS                                      | CUSIP: 273182GC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    640000 | PA      | $703656.00    | 0.09%             | 2041-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Kenosha WI                                                             | KENOSHA CNTY WI                                              | CUSIP: 4897827N6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $417590.89    | 0.06%             | 2029-09-01      | Fixed         | 1.50%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH HLTH FACS REVENUE       | CUSIP: 60637AMK5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2640000 | PA      | $2366082.84   | 0.32%             | 2049-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Prince George's MD                                                     | PRINCE GEORGES CNTY MD                                       | CUSIP: 741702DQ4<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |    330000 | PA      | $366531.13    | 0.05%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Chesapeake VA Chesapeake Expressway Toll Road Revenue                    | CHESAPEAKE VA TOLL ROAD REVENUE                              | CUSIP: 16532RBW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1920000 | PA      | $1871010.24   | 0.25%             | 2047-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Natchitoches Parish Consolidated School District No 11                           | NATCHITOCHES PARISH LA CONSOL SCH DIST #11                   | CUSIP: 632059AL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    510000 | PA      | $503684.36    | 0.07%             | 2042-03-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| County of Pitkin CO Solid Waste Center Enterprise Revenue                        | PITKIN CNTY CO SOL WST CTR ENTERPRISE REVENUE                | CUSIP: 724400AT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $202625.78    | 0.03%             | 2043-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County School District Finance Corp                                   | MONTGOMERY CNTY KY SCH DIST FIN CORP                         | CUSIP: 613331SC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3126600.03   | 0.42%             | 2048-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DR38<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1089436.00   | 0.15%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034A5S5<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |    975000 | PA      | $995922.43    | 0.13%             | 2034-07-01      | Fixed         | 5.93%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST AL GAS PROJECT REVENUE            | CUSIP: 09182THS9<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $3938737.88   | 0.53%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Elementary School District No 6 Washington                       | MARICOPA CNTY AZ SCH DIST #6 WASHINGTON ELEM                 | CUSIP: 567031VK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $549074.35    | 0.07%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Alabama Housing Finance Authority                                                | ALABAMA ST HSG FIN AUTH SF MTGE REVENUE                      | CUSIP: 01030RLJ9<br>LEI: 549300VFN7EHPOFS7D76 | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1414566.57   | 0.19%             | 2044-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| New York State Housing Finance Agency                                            | NEW YORK ST HSG FIN AGY                                      | CUSIP: 64987DUC6<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |   3940000 | PA      | $3940000.00   | 0.53%             | 2045-11-01      | Floating      | 3.72%                 | No            |                  2 | On Loan: No      |
| Barren County Public Properties Corp                                             | BARREN CNTY KY PUBLIC PROPERTIES CORP MTGE REVENUE           | CUSIP: 068450CA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $474050.16    | 0.06%             | 2043-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CLQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | PA      | $425240.73    | 0.06%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| North Lawrence Community Schools Building Corp                                   | N LAWRENCE IN CMNTY SCHS BLDGCORP                            | CUSIP: 66042RFG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $461599.07    | 0.06%             | 2037-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389ZZ4<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2124092.46   | 0.28%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Omaha NE Riverfront Redevelopment Special Tax Revenue                    | OMAHA NE SPL TAX REVENUE                                     | CUSIP: 68189PLN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1675000 | PA      | $1518298.89   | 0.20%             | 2054-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Hawaii Airports System Revenue                                          | HAWAII ST ARPTS SYS REVENUE                                  | CUSIP: 419794K92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1081554.40   | 0.14%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Diego County Regional Airport Authority                                      | SAN DIEGO CNTY CA REGL ARPT AUTH AIRPORT REVENUE             | CUSIP: 79739GRD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4973478.30   | 0.66%             | 2038-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Connecticut State Higher Education Supplement Loan Authority                     | CONNECTICUT ST HGR EDU SUPPLEMENT LOAN AUTH REVENUE          | CUSIP: 207743YN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $257254.93    | 0.03%             | 2039-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Troy Capital Resource Corp                                                       | TROY NY CAPITAL RESOURCE CORP REVENUE                        | CUSIP: 897579BY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1213776.13   | 0.16%             | 2040-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Mount Horeb Area School District/WI                                              | MOUNT HOREB WI AREA SCH DIST                                 | CUSIP: 621638LZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2050000 | PA      | $2057299.64   | 0.27%             | 2042-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Bromley Park Metropolitan District No 3                                          | BROMLEY PARK MET DIST NO 3 CO                                | CUSIP: 11222PAM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    660000 | PA      | $632469.29    | 0.08%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of California                                                              | CALIFORNIA ST                                                | CUSIP: 13063A5G5<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2725000 | PA      | $3225960.73   | 0.43%             | 2039-04-01      | Fixed         | 7.55%                 | No            |                  2 | On Loan: No      |
| Lewis & Clark County High School District No 1 Helena                            | LEWIS & CLARK CNTY MT HIGH SCH DIST #1 HELENA                | CUSIP: 527605JP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $138959.70    | 0.02%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Big Sky Resort Area District                                                     | BIG SKY RESORT AREA DIST RESORT TAX REVENUE                  | CUSIP: 08954GAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $534009.50    | 0.07%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Pontiac MI                                                               | PONTIAC MI                                                   | CUSIP: 732521LE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     25000 | PA      | $26154.96     | 0.00%             | 2045-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina State Housing Finance & Development Authority                     | SOUTH CAROLINA ST HSG FIN & DEV AUTH MTGE REVENUE            | CUSIP: 83712D6H4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2336601.49   | 0.31%             | 2049-07-01      | Fixed         | 4.60%                 | No            |                  2 | On Loan: No      |
| BlackRock Liquidity Funds - MuniCash                                             | BlackRock Liquidity Funds - MuniCash                         | CUSIP: 000000000<br>LEI: N/A                  | Long             | STIV             | CORP              | US        |    662392 | NS      | $662458.44    | 0.09%             |  |  |  | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200857.06    | 0.03%             | 2032-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| West Sonoma County Union High School District                                    | W SONOMA CNTY CA UNION HIGH SCH DIST                         | CUSIP: 956101JW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1386233.42   | 0.19%             | 2050-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peoria County Community Unit School District No 323                              | PEORIA CNTY IL CMNTY UNIT SCHDIST #323                       | CUSIP: 713163LE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $86679.97     | 0.01%             | 2042-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Georgia Ports Authority                                                          | GEORGIA ST PORTS AUTH                                        | CUSIP: 373586HT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4605000 | PA      | $4418684.46   | 0.59%             | 2047-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Colorado Bridge Enterprise                                                       | COLORADO ST BRIDGE ENTERPRISE REVENUE                        | CUSIP: 19633SAN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2760000 | PA      | $2778357.31   | 0.37%             | 2028-12-31      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Telluride CO                                                             | TELLURIDE CO COPS                                            | CUSIP: 879676CC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $372221.82    | 0.05%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crothersville 2000 School Building Corp                                          | CROTHERSVILLE IN SCH BLDG CORP                               | CUSIP: 22774PDS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $538601.25    | 0.07%             | 2041-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bullhead AZ Excise Taxes Revenue                                         | BULLHEAD CITY AZ EXCISE TAX REVENUE                          | CUSIP: 12022MBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $904652.86    | 0.12%             | 2046-07-01      | Fixed         | 2.55%                 | No            |                  2 | On Loan: No      |
| Maryland Health & Higher Educational Facilities Authority                        | MARYLAND ST HLTH & HGR EDUCTNL FACS AUTH REVENUE             | CUSIP: 57421CGC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6000000.00   | 0.80%             | 2046-06-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| Grosse Pointe Public School System                                               | GROSSE POINTE MI PUBLIC SCH SYS                              | CUSIP: 399100MQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $535194.25    | 0.07%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of West Memphis AR Public Utility System Revenue                            | WEST MEMPHIS AR PUBLIC UTILITY SYS REVENUE                   | CUSIP: 954345HB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    870000 | PA      | $825605.73    | 0.11%             | 2050-12-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Hayward Unified School District                                                  | HAYWARD CA UNIF SCH DIST                                     | CUSIP: 421295BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $273993.40    | 0.04%             | 2045-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glendale Industrial Development Authority                                        | GLENDALE AZ INDL DEV AUTH                                    | CUSIP: 378286JQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $139930.77    | 0.02%             | 2028-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Government Nashville & Davidson County Health & Educational Facs Bd | MET GOVT NASHVILLE & DAVIDSON CNTY TN HLTH & EDUCTNL FAC BRD | CUSIP: 592114AF9<br>LEI: 549300GW8FVQJ3DU6O10 | Long             | DBT              | MUN               | US        |    585000 | PA      | $622984.87    | 0.08%             | 2044-07-01      | Fixed         | 5.10%                 | No            |                  2 | On Loan: No      |
| Waterstone Metropolitan District No 1                                            | WATERSTONE MET DIST #1 CO                                    | CUSIP: 94189PAE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $319333.95    | 0.04%             | 2045-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2450000 | PA      | $2447129.34   | 0.33%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Housing & Community Development Authority                                | INDIANA ST HSG & CMNTY DEV AUTH SF MTGE REVENUE              | CUSIP: 45505TSA0<br>LEI: 549300QRKDYVNHT1OE86 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.27%             | 2047-07-01      | Floating      | 3.35%                 | No            |                  2 | On Loan: No      |
| City of Mesa AZ Utility System Revenue                                           | MESA AZ UTILITY SYS REVENUE                                  | CUSIP: 590545TZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1030177.37   | 0.14%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Harris County Municipal Utility District No 165                                  | HARRIS CNTY TX MUNI UTILITY DIST #165                        | CUSIP: 4149624U1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2370000 | PA      | $2061815.87   | 0.28%             | 2044-03-01      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| University of Alabama/The                                                        | UNIV OF ALABAMA AL UNIV GEN REVENUE                          | CUSIP: 914026XE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     90000 | PA      | $80053.39     | 0.01%             | 2054-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654ZR9<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    550000 | PA      | $546263.41    | 0.07%             | 2049-12-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783Z74<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1497844.35   | 0.20%             | 2034-01-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Jonesboro City Water & Light Plant                                               | JONESBORO AR CITY WTR & LIGHT PLANT                          | CUSIP: 480256EK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $476250.77    | 0.06%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Howard MD                                                              | HOWARD CNTY MD RETMNT CMNTY REVENUE                          | CUSIP: 442593BB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1985000 | PA      | $1992324.05   | 0.27%             | 2036-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| York School District/NE                                                          | YORK CNTY NE SCH DIST #12                                    | CUSIP: 986365JV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $409295.42    | 0.05%             | 2048-12-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| City of West Memphis AR Public Utility System Revenue                            | WEST MEMPHIS AR PUBLIC UTILITY SYS REVENUE                   | CUSIP: 954345HA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1261106.82   | 0.17%             | 2045-12-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783YU4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    840000 | PA      | $846201.47    | 0.11%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Mecklenburg NC                                                         | MECKLENBURG CNTY NC                                          | CUSIP: 584002YA1<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1645059.39   | 0.22%             | 2036-03-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031H63<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2480000 | PA      | $2503023.58   | 0.33%             | 2062-03-01      | Floating      | 4.00%                 | No            |                  2 | On Loan: No      |
| Jefferson County Civic Facility Development Corp                                 | JEFFERSON CNTY NY CIVIC FAC DEV CORP                         | CUSIP: 47325RAJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1379303.06   | 0.18%             | 2026-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vancouver Housing Authority                                                      | VANCOUVER WA HSG AUTH MF REVENUE                             | CUSIP: 92162PAF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2048819.00   | 0.27%             | 2042-10-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| California Infrastructure & Economic Development Bank                            | CALIFORNIA ST INFRASTRUCTURE & ECON DEV BANK REVENUE         | CUSIP: 13034AN48<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2299848.66   | 0.31%             | 2050-12-01      | Floating      | 3.79%                 | No            |                  2 | On Loan: No      |
| City of Shreveport LA                                                            | SHREVEPORT LA                                                | CUSIP: 8254347E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    565000 | PA      | $620056.20    | 0.08%             | 2042-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Paris Union School District No 95/IL                                             | PARIS IL UNIF SCH DIST #95                                   | CUSIP: 699598DC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $321009.59    | 0.04%             | 2039-11-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Lawton Industrial Development Authority                                          | LAWTON OK INDL DEV AUTH SALES TAX REVENUE                    | CUSIP: 521005BM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $260391.58    | 0.03%             | 2046-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Trust for Cultural Resources of The City of New York/The                         | NEW YORK CITY NY TRUST FOR CULTURAL RESOURCES                | CUSIP: 649717WE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1795000 | PA      | $1990650.15   | 0.27%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greene Macoupin & Morgan Counties Community Unit School District No 10 Greenfiel | GREENE MACOUPIN & MORGAN CNTYS IL CMNTY SCH DIST #10         | CUSIP: 394712BT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $301987.92    | 0.04%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Knox County Community Unit School District No 202 Knoxville                      | KNOX CNTY IL CMNTY UNIT SCH DIST #202 KNOXVILLE              | CUSIP: 499350FF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $247456.72    | 0.03%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Suffolk VA                                                               | SUFFOLK VA                                                   | CUSIP: 86481AGE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     75000 | PA      | $76386.45     | 0.01%             | 2042-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Cobb County/The                                         | COBB CNTY GA DEV AUTH EDUCTNL FACS REVENUE                   | CUSIP: 190782AP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1160000 | PA      | $1192662.58   | 0.16%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Coconino County Unified School District No 1-Flagstaff/AZ                        | COCONINO CNTY AZ UNIF SCH DIST #1 FLAGSTAFF                  | CUSIP: 191810LE8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $104496.24    | 0.01%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YH4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $305733.69    | 0.04%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Village of Bradley IL                                                            | BRADLEY IL                                                   | CUSIP: 104575EL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1210000 | PA      | $1291783.17   | 0.17%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI REVENUE                                   | CUSIP: 74442PZR9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     50000 | PA      | $53944.16     | 0.01%             | 2050-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority                                           | OKLAHOMA DEV FIN AUTH LEASE REVENUE                          | CUSIP: 67884GVD3<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |     10000 | PA      | $9847.82      | 0.00%             | 2043-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE        | CUSIP: 83704HAF4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    450000 | PA      | $475129.08    | 0.06%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut Special Tax Revenue                                         | CONNECTICUT ST SPL TAX OBLIG REVENUE                         | CUSIP: 2077582B8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3755000 | PA      | $4107419.14   | 0.55%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $165518.30    | 0.02%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sterling IL                                                              | STERLING IL                                                  | CUSIP: 859332KW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    290000 | PA      | $312762.27    | 0.04%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J64<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100244.62    | 0.01%             | 2033-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                               | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632EW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $161110.13    | 0.02%             | 2037-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Town of Islip NY                                                                 | ISLIP NY                                                     | CUSIP: 464723LM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $544484.25    | 0.07%             | 2042-04-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Black Belt Energy Gas District                                                   | BLACK BELT ENERGY GAS DIST ALGAS PREPAY REVENUE              | CUSIP: 09182RBF7<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4992632.50   | 0.67%             | 2049-10-01      | Floating      | 3.46%                 | No            |                  2 | On Loan: No      |
| Chicago O'Hare International Airport                                             | CHICAGO IL O'HARE INTERNATIONAL ARPT REVENUE                 | CUSIP: 1675934J8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2485000 | PA      | $2665875.20   | 0.36%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency Inc                                                         | CAPITAL TRUST AGY FL EDUCTNL FACS REVENUE                    | CUSIP: 14054CAZ2<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    260000 | PA      | $259681.76    | 0.03%             | 2028-06-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH REVENUE                             | CUSIP: 04052AEF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    880000 | PA      | $870218.71    | 0.12%             | 2028-10-01      | Floating      | 5.35%                 | No            |                  2 | On Loan: No      |
| Port of Seattle WA                                                               | PORT OF SEATTLE WA REVENUE                                   | CUSIP: 735389E46<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4776765.00   | 0.64%             | 2043-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Long Beach Community College District                                            | LONG BEACH CA CMNTY CLG DIST                                 | CUSIP: 542411QU0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $780359.21    | 0.10%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muscatine Power and Water Electric Revenue                                       | MUSCATINE IA ELEC REVENUE                                    | CUSIP: 627270HZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $707554.37    | 0.09%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Montgomery TX                                                          | MONTGOMERY CNTY TX                                           | CUSIP: 613682CK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $787309.65    | 0.11%             | 2048-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH SENIOR LIVING CMNTY REVENUE          | CUSIP: 899530AT6<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    400000 | PA      | $406016.52    | 0.05%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Clair County School District No 118 Belleville                                | SAINT CLAIR CNTY IL SCH DIST #118 BELLEVILLE                 | CUSIP: 788448JZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1525000 | PA      | $1727807.31   | 0.23%             | 2039-12-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056DT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    820000 | PA      | $889736.00    | 0.12%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Salinas Union High School District                                               | SALINAS CA UNION HIGH SCH DIST                               | CUSIP: 794896GQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $829548.30    | 0.11%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Rock Hill SC                                                             | ROCK HILL SC LTD OBLIG                                       | CUSIP: 772228CT7<br>LEI: 549300IDMJM5N10TI384 | Long             | DBT              | MUN               | US        |    910000 | PA      | $900561.12    | 0.12%             | 2046-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654C52<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2110000 | PA      | $2158872.45   | 0.29%             | 2040-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Caledonia Community Schools                                                      | CALEDONIA MI CMNTY SCHS                                      | CUSIP: 129271WX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $327637.98    | 0.04%             | 2042-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Health Care Facilities Financing Authority                            | NEW JERSEY ST HLTH CARE FACS FING AUTH REVENUE               | CUSIP: 645790RU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $473391.94    | 0.06%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lawton Industrial Development Authority                                          | LAWTON OK INDL DEV AUTH SALES TAX REVENUE                    | CUSIP: 521005AL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $549021.10    | 0.07%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transportation Corp                          | TEXAS ST PRIV ACTIVITY BOND SURFACE TRANSPRTN CORP REVENUE   | CUSIP: 882667AT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3155480.10   | 0.42%             | 2034-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kalamazoo Charter Township Building Authority                                    | KALAMAZOO MI CHRT TWP BLDG AUTH                              | CUSIP: 483193AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1165000 | PA      | $1125385.69   | 0.15%             | 2048-04-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Pinellas County Educational Facilities Authority                                 | PINELLAS CNTY FL EDUCTNL FACS AUTH                           | CUSIP: 723161GY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235773.34    | 0.03%             | 2028-12-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| East Jackson Community Schools                                                   | E JACKSON MI CMNTY SCHS                                      | CUSIP: 273182GE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $271203.48    | 0.04%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349DH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2545000 | PA      | $2585501.38   | 0.35%             | 2027-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pinellas County Educational Facilities Authority                                 | PINELLAS CNTY FL EDUCTNL FACS AUTH                           | CUSIP: 723161GZ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2690000 | PA      | $2711662.30   | 0.36%             | 2038-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Los Angeles County Metropolitan Transportation Authority Sales Tax Revenue       | LOS ANGELES CNTY CA MET TRANSPRTN AUTH SALES TAX REVENUE     | CUSIP: 54466HNJ1<br>LEI: 54930051IHTXE1N9RB42 | Long             | DBT              | MUN               | US        |   1975000 | PA      | $1994331.70   | 0.27%             | 2027-07-01      | Fixed         | 4.73%                 | No            |                  2 | On Loan: No      |
| Vermont Educational & Health Buildings Financing Agency                          | VERMONT ST EDUCTNL & HLTH BLDGS FING AGY REVENUE             | CUSIP: 924166LU3<br>LEI: 549300ZC1ZW1EUIIV708 | Long             | DBT              | MUN               | US        |   1825000 | PA      | $1991275.57   | 0.27%             | 2039-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116CN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5096032.50   | 0.68%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Beverly Hills Unified School District CA                                         | BEVERLY HILLS CA UNIF SCH DIST                               | CUSIP: 088023PG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3805000 | PA      | $3446065.60   | 0.46%             | 2044-08-01      | Fixed         | 3.25%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE            | CUSIP: 11943KCL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1730000 | PA      | $1732187.07   | 0.23%             | 2026-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cook County High School District No 220 Reavis                                   | COOK CNTY IL TWP HIGH SCH DIST #220 REAVIS                   | CUSIP: 216146KM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $577826.48    | 0.08%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mcintosh County Educational Facilities Authority                                 | MCINTOSH CNTY OK EDUCTNL FACS AUTH EDUCTNL FACS LEASE REVENU | CUSIP: 581191BC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    635000 | PA      | $665316.81    | 0.09%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority                                        | NEW JERSEY ST ECON DEV AUTH SPL FAC REVENUE                  | CUSIP: 64578CBW0<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15022.18     | 0.00%             | 2030-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| County of King WA Sewer Revenue                                                  | KING CNTY WA SWR REVENUE                                     | CUSIP: 495290GV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.27%             | 2065-01-01      | Floating      | 3.30%                 | No            |                  2 | On Loan: No      |
| City of Sterling IL                                                              | STERLING IL                                                  | CUSIP: 859332KX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $555315.44    | 0.07%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056DW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    620000 | PA      | $657283.89    | 0.09%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DF98<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    150000 | PA      | $160474.52    | 0.02%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE        | CUSIP: 83704HAG2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    400000 | PA      | $423262.72    | 0.06%             | 2033-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Greene Macoupin & Morgan Counties Community Unit School District No 10 Greenfiel | GREENE MACOUPIN & MORGAN CNTYS IL CMNTY SCH DIST #10         | CUSIP: 394712BV4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $267849.13    | 0.04%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JV0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $235427.41    | 0.03%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| State of Connecticut                                                             | CONNECTICUT ST                                               | CUSIP: 20772KG29<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1115415.50   | 0.15%             | 2041-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DL26<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    960000 | PA      | $1002312.10   | 0.13%             | 2056-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                        | UNIV OF CONNECTICUT CT                                       | CUSIP: 9142335M9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    930000 | PA      | $1016601.60   | 0.14%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Grosse Pointe Farms MI                                                   | GROSSE POINTE FARMS MI                                       | CUSIP: 399028HG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1006244.86   | 0.13%             | 2050-10-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Lower Colorado River Authority                                                   | LOWER COLORADO RIVER TX AUTH TRANSMISSION CONTRACT REVENUE   | CUSIP: 54811BZK0<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1105335.40   | 0.15%             | 2036-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Grand Prairie Water Commission                                                   | GRAND PRAIRIE WTR COMMISSION IL WTR REVENUE                  | CUSIP: 386173AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    355000 | PA      | $377322.08    | 0.05%             | 2045-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muscatine Power and Water Electric Revenue                                       | MUSCATINE IA ELEC REVENUE                                    | CUSIP: 627270HX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | PA      | $643713.42    | 0.09%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Public Building Authority                                               | VIRGINIA ST PUB BLDG AUTH PUBLIC FACS REVENUE                | CUSIP: 928173AU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $298376.92    | 0.04%             | 2041-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| King County Housing Authority                                                    | KING CNTY WA HSG AUTH                                        | CUSIP: 494759TA1<br>LEI: 549300TZU8KSWALVD392 | Long             | DBT              | MUN               | US        |    320000 | PA      | $335239.97    | 0.04%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Downtown Revitalization Public Infrastructure District                           | DOWNTOWN REVITALIZATION PUBLIC INFRASTRUCTURE DIST UT SALES  | CUSIP: 26118TBQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $501885.41    | 0.07%             | 2042-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Hermosa Beach City School District                                               | HERMOSA BEACH CA CITY SCH DIST                               | CUSIP: 427632FA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    330000 | PA      | $167194.70    | 0.02%             | 2041-08-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Summerville Municipal Facilities Corp                                            | SUMMERVILLE SC MUNI FACS CORP INSTALLMENT PURCHASE REVENUE   | CUSIP: 865875AU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $230133.73    | 0.03%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Development Authority of Burke County/The                                        | BURKE CNTY GA DEV AUTH POLL CONTROL REVENUE                  | CUSIP: 121342MW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.67%             | 2049-07-01      | Floating      | 3.50%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507TY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $300167.79    | 0.04%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056DS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1110858.64   | 0.15%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Richland-Bean Blossom 2000 School Building Corp                                  | RICHLAND BEAN BLOSSOM IN 2000SCH BLDG CORP                   | CUSIP: 763499EG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $578624.65    | 0.08%             | 2043-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority                                      | CALIFORNIA ST ENTERPRISE DEV AUTH REVENUE                    | CUSIP: 13067REJ8<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   3510000 | PA      | $3193635.28   | 0.43%             | 2054-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507TX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $255151.55    | 0.03%             | 2028-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584YMF3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    750000 | PA      | $773402.40    | 0.10%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health & Educational Facilities Authority                              | WISCONSIN ST HLTH & EDUCTNL FACS AUTH REVENUE                | CUSIP: 97712JMW0<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3290000 | PA      | $3054479.76   | 0.41%             | 2046-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Fort Smith AR Sales & Use Tax Revenue                                    | FORT SMITH AR SALES & USE TAX                                | CUSIP: 348761EU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $547809.60    | 0.07%             | 2042-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maryland Department of Housing & Community Development                           | MARYLAND CMNTY DEV ADMIN HSG & CMNTY DEV                     | CUSIP: 57419UKC1<br>LEI: 549300Q5BSL77YR7NP93 | Long             | DBT              | MUN               | US        |   2860000 | PA      | $2872541.39   | 0.38%             | 2044-07-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| County of Cecil MD                                                               | CECIL CNTY MD                                                | CUSIP: 14984PFX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515000 | PA      | $2515937.34   | 0.34%             | 2053-08-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Altoona Area School District                                                     | ALTOONA PA AREA SCH DIST                                     | CUSIP: 021807MV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | PA      | $16644.69     | 0.00%             | 2034-12-01      | Fixed         | 2.29%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority                                             | VIRGINIA BEACH VA DEV AUTH RSDL CARE FAC REVENUE             | CUSIP: 92774NBD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2010295.00   | 0.27%             | 2030-09-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| Tulsa County Industrial Authority                                                | TULSA CNTY OK INDL AUTH SENIOR LIVING CMNTY REVENUE          | CUSIP: 899530AS8<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |    540000 | PA      | $548136.72    | 0.07%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Bennett CO Wastewater Revenue                                            | BENNETT CO WSTWTR REVENUE                                    | CUSIP: 082162AR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    825000 | PA      | $899759.11    | 0.12%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cupertino Union School District                                                  | CUPERTINO CA UNION SCH DIST                                  | CUSIP: 231237T65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1540108.83   | 0.21%             | 2043-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Utah Housing Corp                                                                | UTAH ST HSG CORP MF REVENUE                                  | CUSIP: 917434DH2<br>LEI: 549300YXWQEI0S47WI02 | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1529037.53   | 0.20%             | 2045-02-01      | Fixed         | 4.69%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI EDU REVENUE                               | CUSIP: 74442EMQ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1150000 | PA      | $1129021.24   | 0.15%             | 2045-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Manvel Development Authority                                               | SOUTH MANVEL DEV AUTH TX TAX INCR CONTRACT REV               | CUSIP: 838793AN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | PA      | $149663.64    | 0.02%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Maine State Housing Authority                                                    | MAINE ST HSG AUTH MTGE PURCHASE                              | CUSIP: 56052FT54<br>LEI: 549300SO05LH6D240016 | Long             | DBT              | MUN               | US        |    110000 | PA      | $109037.20    | 0.01%             | 2045-11-15      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Spartanburg Regional Health Services District                                    | SPARTANBURG SC REGL HLTH SVCS DIST INC HOSP REVENUE          | CUSIP: 847113CG0<br>LEI: 549300CVHLQ72HQF3340 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $2784916.13   | 0.37%             | 2043-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Crothersville 2000 School Building Corp                                          | CROTHERSVILLE IN SCH BLDG CORP                               | CUSIP: 22774PDU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $255341.74    | 0.03%             | 2043-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mattawan Consolidated School District/MI                                         | MATTAWAN MI CONSOL SCH DIST                                  | CUSIP: 577056LL6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $962406.72    | 0.13%             | 2032-05-01      | Fixed         | 1.97%                 | No            |                  2 | On Loan: No      |
| Buffalo & Erie County Industrial Land Development Corp                           | BUFFALO & ERIE CNTY NY INDL LAND DEV CORP REVENUE            | CUSIP: 11943KCM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1321767.22   | 0.18%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lawton Industrial Development Authority                                          | LAWTON OK INDL DEV AUTH SALES TAX REVENUE                    | CUSIP: 521005BL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $314561.40    | 0.04%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Montrose CO Sewer Utility Revenue                                        | MONTROSE CO SWR UTILITY REVENUE                              | CUSIP: 615088AT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $266276.83    | 0.04%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hamilton County & Chattanooga Sports Authority                                   | HAMILTON CNTY & CHATTANOOGA SPORTS AUTH TN PUB FAC REVENUE   | CUSIP: 407081AW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1634381.54   | 0.22%             | 2055-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201553.58    | 0.03%             | 2030-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $346391.61    | 0.05%             | 2036-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Oklahoma City OK                                                         | OKLAHOMA CITY OK                                             | CUSIP: 678519L23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1640000 | PA      | $1512043.76   | 0.20%             | 2037-03-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| County of Florence SC                                                            | FLORENCE CNTY SC SPL SOURCE REVENUE                          | CUSIP: 34015TAX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2190000 | PA      | $2284728.67   | 0.31%             | 2053-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Health & Educational Facilities Authority of the State of Missouri               | MISSOURI ST HLTH & EDUCTNL FACS AUTH                         | CUSIP: 60635H3A5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |    310000 | PA      | $310346.55    | 0.04%             | 2035-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Clackamas County Hospital Facility Authority                                     | CLACKAMAS CNTY OR HOSP FAC AUTH REVENUE                      | CUSIP: 179027YJ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $320822.81    | 0.04%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Resources Authority                                                     | VIRGINIA ST RESOURCES AUTH INFRASTRUCTURE REVENUE            | CUSIP: 92818P4J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $187629.37    | 0.03%             | 2040-11-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Town of Cromwell CT                                                              | CROMWELL CT                                                  | CUSIP: 227147RA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $482476.51    | 0.06%             | 2050-04-15      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| City of Centerville OH                                                           | CENTERVILLE OH HLTH CARE REVENUE                             | CUSIP: 152241AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $329092.43    | 0.04%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                        | ANNE ARUNDEL CNTY MD                                         | CUSIP: 03588HE44<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1381574.71   | 0.18%             | 2046-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Brownsburg 1999 School Building Corp                                             | BROWNSBURG IN 1999 SCH BLDG CORP                             | CUSIP: 116083K39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1088153.80   | 0.15%             | 2042-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Napa Valley Unified School District                                              | NAPA VLY CA UNIF SCH DIST                                    | CUSIP: 630362GV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1531057.34   | 0.20%             | 2050-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Beach County Health Facilities Authority                                    | PALM BEACH CNTY FL HLTH FACS AUTH REVENUE                    | CUSIP: 696507UF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    775000 | PA      | $783002.03    | 0.10%             | 2031-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783TA4<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    985000 | PA      | $986048.73    | 0.13%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut State Health & Educational Facilities Authority                      | CONNECTICUT ST HLTH & EDUCTNL FACS AUTH REVENUE              | CUSIP: 20775DR53<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    400000 | PA      | $427649.08    | 0.06%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berkeley Unified School District/CA                                              | BERKELEY CA UNIF SCH DIST                                    | CUSIP: 084154M75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2710000 | PA      | $2999678.68   | 0.40%             | 2044-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167505PS9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1901290.00   | 0.25%             | 2035-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1980000 | PA      | $2102897.41   | 0.28%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Dakota Housing Finance Agency                                              | NORTH DAKOTA ST HSG FIN AGY                                  | CUSIP: 6589093H7<br>LEI: 549300DVQAGW0B16JX70 | Long             | DBT              | MUN               | US        |   2200000 | PA      | $2219655.02   | 0.30%             | 2043-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609J72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200080.72    | 0.03%             | 2034-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 837151S75<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1910000 | PA      | $2148889.81   | 0.29%             | 2034-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DWU9<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4358673.20   | 0.58%             | 2042-05-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Board of Regents of the University of Texas System                               | UNIV OF TEXAS TX UNIV REVENUES                               | CUSIP: 91514APC3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |    905000 | PA      | $1060169.76   | 0.14%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington & Clackamas Counties School District No 23J Tigard-Tualatin           | WASHINGTON & CLACKAMAS CNTYS OR SCH DIST #23 J TIGARD        | CUSIP: 938395TL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1875000 | PA      | $2050249.69   | 0.27%             | 2044-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Town of Vail CO                                                                  | VAIL CO COPS                                                 | CUSIP: 91878DAW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $525849.85    | 0.07%             | 2055-12-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Kansas Development Finance Authority                                             | KANSAS ST DEV FIN AUTH REVENUE                               | CUSIP: 48542RVH4<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $2098683.16   | 0.28%             | 2038-04-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Rampart Range Metropolitan District No 1                                         | RAMPART RANGE CO MET DIST #1 LIMITED TAX SUPPORTED & SPL REV | CUSIP: 75157TAZ2<br>LEI: 549300YG458KQEHMQF33 | Long             | DBT              | MUN               | US        |    160000 | PA      | $166771.81    | 0.02%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775CB78<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.27%             | 2048-11-15      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056DV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1265620.05   | 0.17%             | 2043-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT HSG REVENUE       | CUSIP: 939783SZ0<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |    195000 | PA      | $194879.51    | 0.03%             | 2026-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Brownsburg 1999 School Building Corp                                             | BROWNSBURG IN 1999 SCH BLDG CORP                             | CUSIP: 116083K21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $875171.36    | 0.12%             | 2041-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Memphis-Shelby County Airport Authority                                          | MEMPHIS-SHELBY CNTY TN ARPT AUTH ARPT REVENUE                | CUSIP: 586111MY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1995000 | PA      | $2043563.69   | 0.27%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Pennsylvania                                                     | PENNSYLVANIA ST COPS                                         | CUSIP: 709144PA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2205346.61   | 0.29%             | 2043-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Bullhead AZ Excise Taxes Revenue                                         | BULLHEAD CITY AZ EXCISE TAX REVENUE                          | CUSIP: 12022MCK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    675000 | PA      | $696702.53    | 0.09%             | 2044-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Gilbert Community School District School Infrastructure Sales Services & Use Tax | GILBERT IA CMNTY SCH DIST SCHINFRASTRUCTURE SALES SVCS USE   | CUSIP: 375338BX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500796.75    | 0.07%             | 2040-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of East Longmeadow MA                                                       | EAST LONGMEADOW MA                                           | CUSIP: 273533UK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1365000 | PA      | $1203902.29   | 0.16%             | 2042-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Canton Independent School District/TX                                            | CANTON TX INDEP SCH DIST                                     | CUSIP: 138555RE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2395000 | PA      | $2641717.09   | 0.35%             | 2043-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Cook County School District No 169 Ford Heights                                  | COOK CNTY IL SCH DIST #169 FORD HEIGHTS                      | CUSIP: 215363HK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    535000 | PA      | $589924.81    | 0.08%             | 2040-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH RSDL DEV REVENUE        | CUSIP: 83704NAC8<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   5915000 | PA      | $6227023.94   | 0.83%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501VF9<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1560000 | PA      | $1423595.78   | 0.19%             | 2028-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| City of Houston TX Airport System Revenue                                        | HOUSTON TX ARPT SYS REVENUE                                  | CUSIP: 442349HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4030333.50   | 0.54%             | 2036-07-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | PA      | $235646.92    | 0.03%             | 2042-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mountain View School District/Los Angeles County                                 | MOUNTAIN VIEW CA SCH DIST LOS ANGELES CNTY                   | CUSIP: 624403LJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $794978.40    | 0.11%             | 2049-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Housing Development Authority                                           | VIRGINIA ST HSG DEV AUTH CMWLTH MTGE                         | CUSIP: 92812UU48<br>LEI: 549300LW3QBOVLQBP895 | Long             | DBT              | MUN               | US        |    150000 | PA      | $157356.78    | 0.02%             | 2043-11-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Navajo County Unified School District No 27 Kayenta                              | NAVAJO CNTY AZ UNIF SCH DIST #27 KAYENTA IMPACT AID REV      | CUSIP: 639147AD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $478703.00    | 0.06%             | 2044-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TCR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $295772.98    | 0.04%             | 2035-06-01      | Fixed         | 3.45%                 | No            |                  2 | On Loan: No      |
| Larkspur-Corte Madera School District                                            | LARKSPUR-CORTE MADERA CA SCH DIST                            | CUSIP: 51724TDB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $551992.94    | 0.07%             | 2033-08-01      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education                                                       | CHICAGO IL BRD OF EDU                                        | CUSIP: 167501VD4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   1580000 | PA      | $1548174.69   | 0.21%             | 2026-12-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH EDU REVENUE                   | CUSIP: 56681NJD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1051449.00   | 0.14%             | 2029-10-01      | Fixed         | 7.38%                 | No            |                  2 | On Loan: No      |
| Norfolk Redevelopment & Housing Authority                                        | NORFOLK VA REDEV & HSG AUTH REVENUE                          | CUSIP: 655909CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $836046.09    | 0.11%             | 2029-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Douglas County Housing Authority/GA                                              | DOUGLAS CNTY GA HSG AUTH MF TAX EXEMPT BONDS                 | CUSIP: 259029AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2820000 | PA      | $2813302.78   | 0.38%             | 2043-04-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                        | UNIV OF CONNECTICUT CT                                       | CUSIP: 9142335K3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1444123.46   | 0.19%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pleasanton Unified School District                                               | PLEASANTON CA UNIF SCH DIST                                  | CUSIP: 728835N96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    855000 | PA      | $858331.94    | 0.11%             | 2046-08-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| University of Idaho                                                              | UNIV OF IDAHO ID REVENUES                                    | CUSIP: 9143185K2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     10000 | PA      | $11045.57     | 0.00%             | 2045-04-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| City of Corpus Christi TX Utility System Revenue                                 | CORPUS CHRISTI TX UTILITY SYSREVENUE                         | CUSIP: 220245Y65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2066465.93   | 0.28%             | 2048-07-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Maryland                                                                | MARYLAND ST                                                  | CUSIP: 574193PS1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     55000 | PA      | $54872.56     | 0.01%             | 2031-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| City of Baltimore MD                                                             | BALTIMORE MD SPL OBLIG                                       | CUSIP: 05923TCS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $600519.40    | 0.08%             | 2039-06-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corp                              | NEW HOPE CULTURAL ED FACS FIN CORP TX RETIREMENT FAC REVENUE | CUSIP: 64542UHH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1280000 | PA      | $1269416.32   | 0.17%             | 2030-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| City of Mount Vernon IL                                                          | MOUNT VERNON IL                                              | CUSIP: 623385GB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    705000 | PA      | $745310.42    | 0.10%             | 2039-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Housing Corp                                                           | LOUISIANA ST HSG CORP SF MTGE REVENUE                        | CUSIP: 54627DTV3<br>LEI: 549300VL35TBE7RSJH61 | Long             | DBT              | MUN               | US        |   2085000 | PA      | $2065472.52   | 0.28%             | 2045-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Nebraska Investment Finance Authority                                            | NEBRASKA ST INVESTMENT FIN AUTH SF HSG REVENUE               | CUSIP: 63968M7G8<br>LEI: 549300OIIXIM3SRZWK33 | Long             | DBT              | MUN               | US        |    315000 | PA      | $313033.90    | 0.04%             | 2049-09-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Franklin County Industrial Development Authority/PA                              | FRANKLIN CNTY PA INDL DEV AUTH REVENUE                       | CUSIP: 353273CC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    370000 | PA      | $370476.97    | 0.05%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | MARICOPA CNTY & PHOENIX AZ INDL DEV AUTHORITIES MTGE REVENUE | CUSIP: 566736GN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $996125.67    | 0.13%             | 2044-09-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C6Q0<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    800000 | PA      | $796918.80    | 0.11%             | 2051-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority                                                         | PUBLIC FIN AUTH WI STUDENT HSG REVENUE                       | CUSIP: 74439YCU3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1611562.64   | 0.22%             | 2039-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| San Francisco City & County Airport Comm-San Francisco International Airport     | SAN FRANCISCO CA CITY &CNTY ARPTS COMMN INTL ARPT REV        | CUSIP: 79766DMA4<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5111854.00   | 0.68%             | 2044-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Albany-Floyd County School Building Corp                                     | NEW ALBANY FLOYD CNTY IN SCH BLDG CORP                       | CUSIP: 641667TD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1389292.84   | 0.19%             | 2044-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lancaster County Hospital Authority/PA                                           | LANCASTER CNTY PA HOSP AUTH                                  | CUSIP: 514045W41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1950000 | PA      | $2018114.87   | 0.27%             | 2041-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Peralta Community College District                                               | PERALTA CA CMNTY CLG DIST LTDOBLG                            | CUSIP: 713580BN7<br>LEI: 254900VWMA3IHACOBO19 | Long             | DBT              | MUN               | US        |   5840000 | PA      | $5840000.00   | 0.78%             | 2031-08-05      | Floating      | 3.72%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH ECON DEV REVENUE        | CUSIP: 837031YV9<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    625000 | PA      | $628696.69    | 0.08%             | 2034-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Vermont Economic Development Authority                                           | VERMONT ST ECON DEV AUTH MTGEREVENUE                         | CUSIP: 92415TBL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    585000 | PA      | $585000.00    | 0.08%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority                                         | ARIZONA ST INDL DEV AUTH NATIONAL CHRT SCH REVOLVING LOAN FD | CUSIP: 04052FFW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1305909.63   | 0.17%             | 2045-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lincoln Consolidated School District                                             | LINCOLN MI CONSOL SCH DIST                                   | CUSIP: 533883QS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $558021.35    | 0.07%             | 2040-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Nassau NY                                                              | NASSAU CNTY NY                                               | CUSIP: 63165TY74<br>LEI: 549300ICRCGQYCPS7T40 | Long             | DBT              | MUN               | US        |     40000 | PA      | $39690.36     | 0.01%             | 2044-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority                                             | PUERTO RICO ELEC PWR AUTH PWRREVENUE                         | CUSIP: 74526Q2P6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    530000 | PA      | $536539.83    | 0.07%             | 2030-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C2H4<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    520000 | PA      | $509384.98    | 0.07%             | 2044-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State Public School Building Authority                                           | STATE PUBLIC SCH BLDG AUTH PA COLLEGE REV                    | CUSIP: 85732NEJ0<br>LEI: 5493006JN0UR7OGWTO86 | Long             | DBT              | MUN               | US        |    190000 | PA      | $203854.52    | 0.03%             | 2041-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Oroville CA                                                              | OROVILLE CA REVENUE                                          | CUSIP: 687241AH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1705000 | PA      | $1261700.00   | 0.17%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York City Housing Development Corp                                           | NEW YORK CITY NY HSG DEV CORP MF HSG REVENUE                 | CUSIP: 64972ELB3<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |   2975000 | PA      | $2511488.75   | 0.34%             | 2039-11-01      | Fixed         | 2.85%                 | No            |                  2 | On Loan: No      |
| City of Sumner WA Water & Sewer Revenue                                          | SUMNER WA WTR & SWR REVENUE                                  | CUSIP: 866465JQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $132754.22    | 0.02%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| County of Rockwall TX                                                            | ROCKWALL CNTY TX                                             | CUSIP: 774268UC8<br>LEI: 549300EBIHXYCV58YR59 | Long             | DBT              | MUN               | US        |    635000 | PA      | $615658.92    | 0.08%             | 2045-02-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Massachusetts Development Finance Agency                                         | MASSACHUSETTS ST DEV FIN AGY REVENUE                         | CUSIP: 57584Y5M7<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1760000 | PA      | $1686904.38   | 0.23%             | 2046-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Michigan Finance Authority                                                       | MICHIGAN ST FIN AUTH REVENUE                                 | CUSIP: 59447TXH1<br>LEI: 54930022O46HOX5J1D14 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2618432.40   | 0.35%             | 2049-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Housing Finance Agency                                              | PENNSYLVANIA ST HSG FIN AGY SF MTGE REVENUE                  | CUSIP: 70879QUY7<br>LEI: 549300JZVUPNWP77SP29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1998775.80   | 0.27%             | 2044-10-01      | Fixed         | 4.45%                 | No            |                  2 | On Loan: No      |
| United States Treasury                                                           | U.S. Treasury Notes                                          | CUSIP: 91282CQB0<br>LEI: 254900HROIFWPRGM1V77 | Long             | DBT              | UST               | US        |   2000000 | PA      | $1982617.18   | 0.26%             | 2028-02-29      | Fixed         | 3.38%                 | No            |                  2 | On Loan: No      |
| Colorado Health Facilities Authority                                             | COLORADO ST HLTH FACS AUTH REVENUE                           | CUSIP: 19648FBQ6<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    400000 | PA      | $406057.04    | 0.05%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Crawford County Hospital Authority                                               | CRAWFORD CNTY PA HOSP AUTH                                   | CUSIP: 225004AR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4715000 | PA      | $4715111.27   | 0.63%             | 2051-06-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Spring Lake Public Schools                                                       | SPRING LAKE MI PUBLIC SCHS                                   | CUSIP: 849765JA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $557987.45    | 0.07%             | 2039-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Oak Grove School District                                                        | OAK GROVE CA SCH DIST                                        | CUSIP: 6712056J6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1161669.17   | 0.16%             | 2047-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Industrial Development Authority of the City of Phoenix Arizona/The              | PHOENIX AZ INDL DEV AUTH STUDENT HSG REVENUE                 | CUSIP: 71885DEB4<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1252180.83   | 0.17%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| University of Connecticut                                                        | UNIV OF CONNECTICUT CT                                       | CUSIP: 9142335E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2770000 | PA      | $3183639.67   | 0.43%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Eastern Michigan University                                                      | ESTRN MICHIGAN UNIV REVENUES                                 | CUSIP: 276731E93<br>LEI: 549300K3C21R17LKDU63 | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1327776.75   | 0.18%             | 2043-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority                                    | SIERRA VISTA AZ INDL DEV AUTH AUTH ED FAC REV                | CUSIP: 82652UBQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3125000 | PA      | $3058090.31   | 0.41%             | 2036-06-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Lawrence Community Schools Building Corp                                   | N LAWRENCE IN CMNTY SCHS BLDGCORP                            | CUSIP: 66042RFH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $437222.44    | 0.06%             | 2038-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Rogers County Educational Facilities Authority                                   | ROGERS CNTY OK EDUCTNL FACS AUTH EDUCTNL FACS LEASE REVENUE  | CUSIP: 77514RCG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    260000 | PA      | $280938.66    | 0.04%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Freddie Mac Multifamily ML Certificates                                          | FRETE 2017-ML01 TRUST                                        | CUSIP: 302611AA6<br>LEI: S6XOOCT0IEG5ABCC6L87 | Long             | DBT              | USGSE             | US        |    410925 | PA      | $410917.91    | 0.05%             | 2033-01-25      | Floating      | 4.26%                 | No            |                  2 | On Loan: No      |
| City of San Clemente CA                                                          | SAN CLEMENTE CA SPL TAX                                      | CUSIP: 797214DL4<br>LEI: 254900UTAMSIX5XRDK86 | Long             | DBT              | MUN               | US        |   2010000 | PA      | $2207519.08   | 0.29%             | 2044-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hampshire Business Finance Authority                                         | NATIONAL FIN AUTH NH REVENUE                                 | CUSIP: 63607YAJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $4481250.95   | 0.60%             | 2045-07-01      | Floating      | 3.75%                 | No            |                  2 | On Loan: No      |
| Dallas Independent School District                                               | DALLAS TX INDEP SCH DIST                                     | CUSIP: 235308X32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     45000 | PA      | $44559.99     | 0.01%             | 2047-02-15      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| County of Stearns MN                                                             | STEARNS CNTY MN                                              | CUSIP: 857896QX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2408034.25   | 0.32%             | 2047-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of North Platte NE                                                          | NORTH PLATTE NE                                              | CUSIP: 661615WN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30468.76     | 0.00%             | 2041-12-15      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| Michigan State Housing Development Authority                                     | MICHIGAN ST HSG DEV AUTH SF MTGE REVENUE                     | CUSIP: 594654ZQ1<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008058.00   | 0.27%             | 2044-12-01      | Fixed         | 4.35%                 | No            |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority                               | SOUTH CAROLINA ST JOBS-ECON DEV AUTH HLTHCARE REVENUE        | CUSIP: 83704HAJ6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    375000 | PA      | $394315.28    | 0.05%             | 2035-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C6K3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $971397.90    | 0.13%             | 2044-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| County of Anne Arundel MD                                                        | ANNE ARUNDEL CNTY MD                                         | CUSIP: 03588JCM2<br>LEI: 549300L8Q6EFVTZGWW41 | Long             | DBT              | MUN               | US        |    270000 | PA      | $255267.45    | 0.03%             | 2052-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority                                      | VIRGINIA ST SMALL BUSINESS FING AUTH HOSP REVENUE            | CUSIP: 928101AL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.27%             | 2042-07-01      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| County of Montgomery TX                                                          | MONTGOMERY CNTY TX                                           | CUSIP: 613682CL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1048120.00   | 0.14%             | 2049-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Bassett Unified School District                                                  | BASSETT CA UNIF SCH DIST                                     | CUSIP: 070185WP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2429538.32   | 0.32%             | 2054-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New York State Environmental Facilities Corp                                     | NEW YORK ST ENVRNMNTL FACS CORP SOL WST DISP REVENUE         | CUSIP: 649852AQ3<br>LEI: 549300QJ33JJW73OQO60 | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1144651.87   | 0.15%             | 2044-12-01      | Floating      | 2.88%                 | No            |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities & Community Development Auth | LOUISIANA ST LOCAL GOVT ENVRNMNTL FACS & CMNTY DEV AUTH REVE | CUSIP: 54628C2V3<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |     15000 | PA      | $13853.32     | 0.00%             | 2049-12-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corp                                         | NEW YORK ST TRANSPRTN DEV CORP SPL FAC REVENUE               | CUSIP: 650116GN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1523686.28   | 0.20%             | 2035-04-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Suffolk County Economic Development Corp                                         | SUFFOLK CNTY NY ECON DEV CORPREVENUE                         | CUSIP: 86476RDH4<br>LEI: 5493003FN78GO4R0BJ89 | Long             | DBT              | MUN               | US        |    500000 | PA      | $513405.70    | 0.07%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Cleveland-Cuyahoga County Port Authority                                         | CLEVELAND-CUYAHOGA CNTY OH PORT AUTH CULTURAL FAC REVENUE    | CUSIP: 18610PAS7<br>LEI: 549300KI3FXFLUKF3A98 | Long             | DBT              | MUN               | US        |    545000 | PA      | $556077.72    | 0.07%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Cartersville GA Water & Sewer Revenue                                    | CARTERSVILLE GA WTR & SWR REVENUE                            | CUSIP: 146501RX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    665000 | PA      | $697967.57    | 0.09%             | 2051-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Commonwealth of Puerto Rico                                                      | PUERTO RICO CMWLTH                                           | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    489168 | PA      | $354937.37    | 0.05%             | 2033-07-01      | None          | 0.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority                                 | MARICOPA CNTY AZ INDL DEV AUTH                               | CUSIP: 56682HCQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1040000 | PA      | $978543.38    | 0.13%             | 2044-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority                                                       | ILLINOIS ST FIN AUTH REVENUE                                 | CUSIP: 45204FAH8<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.27%             | 2049-08-15      | Floating      | 3.40%                 | No            |                  2 | On Loan: No      |
| Crestwood School District/MI                                                     | CRESTWOOD MI SCH DIST                                        | CUSIP: 226363JV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $319431.60    | 0.04%             | 2046-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| District of Columbia                                                             | DIST OF COLUMBIA REVENUE                                     | CUSIP: 25483VSC9<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    285000 | PA      | $285279.53    | 0.04%             | 2027-07-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775HFF5<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |    625000 | PA      | $596243.94    | 0.08%             | 2027-11-15      | Fixed         | 0.75%                 | No            |                  2 | On Loan: No      |
| County of Bexar TX                                                               | BEXAR CNTY TX REVENUE                                        | CUSIP: 088518PC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1318487.16   | 0.18%             | 2033-08-15      | Fixed         | 2.43%                 | No            |                  2 | On Loan: No      |
| ABC Unified School District                                                      | ABC CA UNIF SCH DIST                                         | CUSIP: 000416Z42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4740000 | PA      | $4586281.80   | 0.61%             | 2047-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Town of Islip NY                                                                 | ISLIP NY                                                     | CUSIP: 464723LL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $728133.36    | 0.10%             | 2041-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| State of Illinois                                                                | ILLINOIS ST                                                  | CUSIP: 452153GN3<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1769994.75   | 0.24%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Salt Lake City UT Airport Revenue                                        | SALT LAKE CITY UT ARPT REVENUE                               | CUSIP: 795576FY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1665000 | PA      | $1666893.60   | 0.22%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| St Louis Land Clearance for Redevelopment Authority                              | SAINT LOUIS MO LAND CLEARANCEREDEV AUTH SPL REVENUE          | CUSIP: 79165YAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502687.55    | 0.07%             | 2035-10-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                              | RICHMOND VA                                                  | CUSIP: 76541VH67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1389766.21   | 0.19%             | 2053-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Carolina Public Service Authority                                          | SOUTH CAROLINA ST PUBLIC SVC AUTH REVENUE                    | CUSIP: 8371515J4<br>LEI: EMBXY64GWKA9MZGFUD26 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1655529.60   | 0.22%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Washington State Housing Finance Commission                                      | WASHINGTON ST HSG FIN COMMISSION NONPROFIT REVENUE           | CUSIP: 93978LHX7<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   3035000 | PA      | $2816373.78   | 0.38%             | 2055-07-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| Mandan Public School District No 1                                               | MANDAN ND PUBLIC SCH DIST #1                                 | CUSIP: 562578PN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     15000 | PA      | $14513.17     | 0.00%             | 2033-08-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| Richland County Community Unit School District No 1                              | RICHLAND WAYNE JASPER CLAY & LAWRENCE CNTYS CMNTY UNIT SCH D | CUSIP: 763056DY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $720097.46    | 0.10%             | 2046-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Gilbert Community School District School Infrastructure Sales Services & Use Tax | GILBERT IA CMNTY SCH DIST SCHINFRASTRUCTURE SALES SVCS USE   | CUSIP: 375338BY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    685000 | PA      | $687357.70    | 0.09%             | 2041-06-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| Connecticut Housing Finance Authority                                            | CONNECTICUT ST HSG FIN AUTH HSG MTGE FIN PROGRAM             | CUSIP: 20775HAA1<br>LEI: 5493003DXX0NRJKSH186 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2500000.00   | 0.33%             | 2050-11-15      | Floating      | 3.09%                 | No            |                  2 | On Loan: No      |
| Loudoun County Economic Development Authority                                    | LOUDOUN CNTY VA ECONOMIC DEV AUTH PUBLIC FAC REVENUE         | CUSIP: 54602QGA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1855000 | PA      | $1875271.63   | 0.25%             | 2041-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| City of Chicago IL                                                               | CHICAGO IL                                                   | CUSIP: 167486MM8<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2590000 | PA      | $2789572.97   | 0.37%             | 2035-01-01      | Fixed         | 7.78%                 | No            |                  2 | On Loan: No      |
| Kankakee Iroquois Ford Etc Counties Community Unit School District No 2 Herscher | KANKAKEE IROQUOIS & FORD CNTYS IL CMNTY UNIT SCH DIST #2     | CUSIP: 484494EW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    280000 | PA      | $298002.32    | 0.04%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| City of Richmond VA                                                              | RICHMOND VA                                                  | CUSIP: 76541VH42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1545000 | PA      | $1458985.99   | 0.19%             | 2051-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Hospital Equipment Loan Council                                       | NEW MEXICO ST HOSP EQUIPMENT LOAN COUNCIL 1ST MTGE REVENUE   | CUSIP: 647377AK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $285858.22    | 0.04%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County & Phoenix Industrial Development Authorities                     | MARICOPA CNTY & PHOENIX AZ INDL DEV AUTHORITIES MTGE REVENUE | CUSIP: 566736HR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    670000 | PA      | $676722.65    | 0.09%             | 2044-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| Walton County Water & Sewer Authority                                            | WALTON CNTY GA WTR & SWR AUTH REVENUE                        | CUSIP: 93342PFL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1339773.63   | 0.18%             | 2053-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Texas Municipal Gas Acquisition and Supply Corp II                               | TEXAS ST MUNI GAS ACQUISITION & SPLY CORP II GAS SPLY REVENU | CUSIP: 88255QBH1<br>LEI: 8E22IH4TQD26WYDGHB25 | Long             | DBT              | MUN               | US        |    740000 | PA      | $740794.69    | 0.10%             | 2027-09-15      | Floating      | 3.29%                 | No            |                  2 | On Loan: No      |
| Alaska Railroad Corp                                                             | ALASKA ST RAILROAD CORP CRUISE PORT REVENUE                  | CUSIP: 01176AAP8<br>LEI: 549300SM5ZU2HV31E004 | Long             | DBT              | MUN               | US        |    200000 | PA      | $219535.52    | 0.03%             | 2041-10-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Montgomery County Industrial Development Authority/PA                            | MONTGOMERY CNTY PA INDL DEV AUTH                             | CUSIP: 613609K39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $391281.40    | 0.05%             | 2038-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| New Mexico Mortgage Finance Authority                                            | NEW MEXICO ST MTGE FIN AUTH                                  | CUSIP: 647201KN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1090000 | PA      | $838593.24    | 0.11%             | 2050-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| University of Idaho                                                              | UNIV OF IDAHO ID REVENUES                                    | CUSIP: 9143184X5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     80000 | PA      | $89829.36     | 0.01%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Kankakee Iroquois Ford Etc Counties Community Unit School District No 2 Herscher | KANKAKEE IROQUOIS & FORD CNTYS IL CMNTY UNIT SCH DIST #2     | CUSIP: 484494FC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1975000 | PA      | $2083622.83   | 0.28%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-05-29

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

**Signature:** James Kirchner

**Name of Signer:** James Kirchner

**Title:** Treasurer