# EDGAR Filing Document

**Accession Number:** 0001484018
**File Stem:** 0002000324-26-002786
**Filing Date:** 2026-6
**Character Count:** 79808
**Document Hash:** de34bb5c49b73804549be6ae9dfdd0c5
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0002000324-26-002786.hdr.sgml**: 20260626

**ACCESSION NUMBER**: 0002000324-26-002786

**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**: 20260430

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Spinnaker ETF Series
- **CENTRAL INDEX KEY:** 0001484018

**ORGANIZATION NAME:**
- **EIN:** 000000000
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0831

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22398
- **FILM NUMBER:** 261124321

**BUSINESS ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069
- **BUSINESS PHONE:** 252-972-9922

**MAIL ADDRESS:**
- **STREET 1:** 116 SOUTH FRANKLIN STREET
- **STREET 2:** POST OFFICE BOX 69
- **CITY:** ROCKY MOUNT
- **STATE:** NC
- **ZIP:** 27802-0069

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Spinnaker ETF Trust
- **DATE OF NAME CHANGE:** 20100212

## Series and Classes Contracts Data

### Genter Capital Municipal Quality Intermediate ETF (Series ID: S000084933)

| Class ID   | Class Name                                        | Ticker Symbol   |
|:---|:---|:---|
| C000249690 | Genter Capital Municipal Quality Intermediate ETF | GENM            |

## Nport-Ex

---

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| XTR_FUND | XTR_FNDDSC | XTR_TKR | XTR_DESC1 | XTR_DESC2 | OCC_ID | XTR_CUSIP | XTR_GROUP | XTR_GROUP1 | XTR_GROUP2 | XTR_CATGRY | XTR_CATDSC | XTR_SECTOR | XTR_SECTR1 | XTR_SECTR2 | XTR_CONTRY | XTR_CONDSC | XTR_STATE | XTR_STNAME | XTR_CURNCY | XTR_CURDSC | XTR_MATDAT | XTR_SUBUNT | XTR_SUBDSC | XTR_PRICE | XTR_PRISRC | SECTYPE | SECTYPE2 | RPT_ID | INCLUD_CAT | LEGAL1 | LEGAL2 | LEGAL3 | LEGAL4 | LEGAL5 | LEGAL6 | BAS_Q_DECS | BAS_M_DECS | LCL_P_DECS | LCL_Q_DECS | ISBASCURR | POS_INCOM | CLASS | QTYINDIC | FAS_LEVEL | PROCESS_DATE | SECTOR | FUNDCURR | BASECURR | POS_QTY | POS_ORGCST | POS_AMORT | POS_MKTVAL | RND_MKTVAL | POS_GL | RNDPOS_GL | POS_YIELD | YIELDTOCALL | POS_YTM | POS_YTM_NA | POS_PC_PRT | POS_PC_AST | POS_PC_NAS | POS_ORGFAC | FAS_TODAY_ONLY | LEI | PRICE_ID | PRICINGMETHOD |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 76543FAA | RICHMOND REDEV HSG-F | N 05/01/2040 4.5000 | N 05/01/2040 4.5000 | 76543FAA8 |  | UNGROUPED SECURITIES |  | ABS | ASSET BACKED SECS |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 5/1/2040 |  |  | 104.22 |  |  |  |  |  | RICHMOND REDEV HSG-F | N 05/01/2040 4.5000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1776.96 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 39488.06 | 39892.81 | 39857.95 | 41156.01 | 41156.01 | 1298.06 | 1298.06 | 4.32 | False | 4.10 |  | 0.16 | 0.15 | 0.16 | 40000.00 |  |  | 76543FAA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 235308Y2 | DALLAS TEX INDPT SCH | 5% 2/15/2056 |  | 235308Y23 |  | UNGROUPED SECURITIES |  | CORPBOND | CORPORATE BOND |  |  |  | USA | UNITED STATES |  |  | USD | US DOLLAR | 2/15/2056 |  |  | 107.38 |  |  |  |  |  | DALLAS TEX INDPT SCH | 5% 2/15/2056 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 400000.00 | 436160.00 | 436002.63 | 429538.96 | 429538.96 | -6463.67 | -6463.67 | 4.66 | False | 4.54 |  | 1.63 | 1.56 | 1.64 | 0.00 |  |  | 235308Y2<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | FIGXX | Fidelity Investments | Money Market Funds | Money Market Funds | 316175108 | 1078 | Money Market Fund |  | MONEYMKT | MONEY MARKET |  |  |  | USA | UNITED STATES | MA | MASSACHUSETTS | USD | US DOLLAR | 5/1/2026 |  |  | 100.00 |  |  |  |  |  | Fidelity Investments | Money Market Funds |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 51572.93 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 1455561.15 | 1455561.15 | 1455561.15 | 1455561.15 | 1455561.15 | 0.00 | 0.00 | 3.54 | False | 3.53 |  | 5.51 | 5.28 | 5.55 | 0.00 |  |  | FIGXX<br> N | AC |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 01179R6F | AK MUNI BOND BANK-TW | O 12/01/2027 5.0000 | O 12/01/2027 5.0000 | 01179R6F5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AK | ALASKA | USD | US DOLLAR | 12/1/2027 |  |  | 102.75 |  |  |  |  |  | AK MUNI BOND BANK-TW | O 12/01/2027 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 175000.00 | 181753.25 | 179063.67 | 179817.24 | 179817.24 | 753.57 | 753.57 | 4.87 | False | 3.20 |  | 0.68 | 0.65 | 0.69 | 0.00 |  |  | 01179R6F<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 010684BQ | ALACHUA CO HLTH-B-3 | 10/01/2030 3.62500% | 10/01/2030 3.62500% | 010684BQ0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 10/1/2030 |  |  | 100.01 |  |  |  |  |  | ALACHUA CO HLTH-B-3 | 10/01/2030 3.62500% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10875.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 300000.00 | 300000.00 | 300043.59 | 300043.59 | 43.59 | 43.59 | 3.62 | True | 3.58 |  | 1.14 | 1.09 | 1.14 | 0.00 |  |  | 010684BQ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 01250EAG | ALBANY HOSP AUTH-B-3 | 11/15/2029 3.20000% | 11/15/2029 3.20000% | 01250EAG9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | OR | OREGON | USD | US DOLLAR | 11/15/2029 |  |  | 99.80 |  |  |  |  |  | ALBANY HOSP AUTH-B-3 | 11/15/2029 3.20000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 11680.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 365000.00 | 365000.00 | 365000.00 | 364276.35 | 364276.35 | -723.65 | -723.65 | 3.21 | False | 3.26 |  | 1.38 | 1.32 | 1.39 | 0.00 |  |  | 01250EAG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 041806MH | ARLINGTON HGR EDU-A | 12/01/2026 4.00000% | 12/01/2026 4.00000% | 041806MH0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 12/1/2026 |  |  | 100.62 |  |  |  |  |  | ARLINGTON HGR EDU-A | 12/01/2026 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 800.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 20000.00 | 20047.20 | 20010.89 | 20124.06 | 20124.06 | 113.17 | 113.17 | 3.98 | False | 2.92 |  | 0.08 | 0.07 | 0.08 | 0.00 |  |  | 041806MH<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 0418066Z | ARLINGTON HIER ED-RI | V 08/15/2026 5.0000 | V 08/15/2026 5.0000 | 0418066Z8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 8/15/2026 |  |  | 100.66 |  |  |  |  |  | ARLINGTON HIER ED-RI | V 08/15/2026 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 175000.00 | 177969.75 | 175653.77 | 176155.09 | 176155.09 | 501.32 | 501.32 | 4.97 | False | 2.69 |  | 0.67 | 0.64 | 0.67 | 0.00 |  |  | 0418066Z<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 05217TAZ | AUSTIN AFFORDABLE PF | C 11/01/2059 2.9500 | C 11/01/2059 2.9500 | 05217TAZ7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 11/1/2059 |  |  | 99.66 |  |  |  |  |  | AUSTIN AFFORDABLE PF | C 11/01/2059 2.9500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8850.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 300000.00 | 300000.00 | 298966.02 | 298966.02 | -1033.98 | -1033.98 | 2.96 | False | 2.97 |  | 1.13 | 1.08 | 1.14 | 0.00 |  |  | 05217TAZ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 052398KV | AUSTIN-B-REV-AMT | 11/15/2030 5.00000% | 11/15/2030 5.00000% | 052398KV5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 11/15/2030 |  |  | 107.65 |  |  |  |  |  | AUSTIN-B-REV-AMT | 11/15/2030 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 269810.00 | 269635.29 | 269137.18 | 269137.18 | -498.12 | -498.12 | 4.64 | False | 3.18 |  | 1.02 | 0.98 | 1.03 | 0.00 |  |  | 052398KV<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 052398JE | AUSTIN-REV-REF-AMT | 11/15/2032 5.00000% | 11/15/2032 5.00000% | 052398JE5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 11/15/2032 |  |  | 108.67 |  |  |  |  |  | AUSTIN-REV-REF-AMT | 11/15/2032 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 200000.00 | 219908.00 | 218682.62 | 217339.76 | 217339.76 | -1342.86 | -1342.86 | 4.60 | False | 3.51 |  | 0.82 | 0.79 | 0.83 | 0.00 |  |  | 052398JE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 09182TAF | BLACK BELT ENERGY GA | S 10/01/2052 4.0000 | S 10/01/2052 4.0000 | 09182TAF4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 10/1/2052 |  |  | 100.53 |  |  |  |  |  | BLACK BELT ENERGY GA | S 10/01/2052 4.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6200.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 155000.00 | 155467.45 | 155828.59 | 155820.97 | 155820.97 | -7.62 | -7.62 | 3.98 | False | 3.97 |  | 0.59 | 0.56 | 0.59 | 0.00 |  |  | 09182TAF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 09182TAM | BLACK BELT ENERGY GA | S 10/01/2052 4.0000 | S 10/01/2052 4.0000 | 09182TAM9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 10/1/2052 |  |  | 100.35 |  |  |  |  |  | BLACK BELT ENERGY GA | S 10/01/2052 4.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 23000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 575000.00 | 582442.00 | 580351.94 | 577017.79 | 577017.79 | -3334.15 | -3334.15 | 3.99 | False | 3.98 |  | 2.18 | 2.09 | 2.20 | 0.00 |  |  | 09182TAM<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 09182TGC | BLACK BELT GAS DT-E | 12/01/2055 5.00000% | 12/01/2055 5.00000% | 09182TGC5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 12/1/2055 |  |  | 106.25 |  |  |  |  |  | BLACK BELT GAS DT-E | 12/01/2055 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 323067.00 | 322232.03 | 318761.94 | 318761.94 | -3470.09 | -3470.09 | 4.71 | True | 4.16 |  | 1.21 | 1.16 | 1.21 | 0.00 |  |  | 09182TGC<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 11506KHK | BROWARD CO | 09/01/2032 5.00000% | 09/01/2032 5.00000% | 11506KHK0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 9/1/2032 |  |  | 108.89 |  |  |  |  |  | BROWARD CO | 09/01/2032 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 400000.00 | 442284.00 | 439467.39 | 435554.12 | 435554.12 | -3913.27 | -3913.27 | 4.59 | False | 3.43 |  | 1.65 | 1.58 | 1.66 | 0.00 |  |  | 11506KHK<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 13013JHM | CA CMNTY CHOICE-B | 03/01/2036 5.00000% | 03/01/2036 5.00000% | 13013JHM1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 3/1/2036 |  |  | 104.59 |  |  |  |  |  | CA CMNTY CHOICE-B | 03/01/2036 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 400000.00 | 432384.00 | 431872.84 | 418347.64 | 418347.64 | -13525.20 | -13525.20 | 4.78 | True | 4.43 |  | 1.58 | 1.52 | 1.59 | 0.00 |  |  | 13013JHM<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 13013JHN | CA CMNTY CHOICE-D | 02/01/2031 5.00000% | 02/01/2031 5.00000% | 13013JHN9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 2/1/2031 |  |  | 106.28 |  |  |  |  |  | CA CMNTY CHOICE-D | 02/01/2031 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 37500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 750000.00 | 806857.50 | 805347.16 | 797117.55 | 797117.55 | -8229.61 | -8229.61 | 4.70 | True | 3.56 |  | 3.02 | 2.89 | 3.04 | 0.00 |  |  | 13013JHN | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 13048RAS | CA MUNI FIN AUT-B-AM | T 09/01/2050 3.3750 | T 09/01/2050 3.3750 | 13048RAS6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 9/1/2050 |  |  | 99.66 |  |  |  |  |  | CA MUNI FIN AUT-B-AM | T 09/01/2050 3.3750 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6750.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 200000.00 | 200000.00 | 200000.00 | 199320.92 | 199320.92 | -679.08 | -679.08 | 3.39 | False | 3.40 |  | 0.75 | 0.72 | 0.76 | 0.00 |  |  | 13048RAS<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 13048RAF | CALIFORNIA ST-SER A | 12/01/2044 3.45000% | 12/01/2044 3.45000% | 13048RAF4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CA | CALIFORNIA | USD | US DOLLAR | 12/1/2044 |  |  | 100.07 |  |  |  |  |  | CALIFORNIA ST-SER A | 12/01/2044 3.45000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20700.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 600000.00 | 600000.00 | 600000.00 | 600391.32 | 600391.32 | 391.32 | 391.32 | 3.45 | False | 3.45 |  | 2.27 | 2.18 | 2.29 | 0.00 |  |  | 13048RAF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 154871CU | CENTRL PLAINS ENERGY | 05/01/2053 5.00000% | 05/01/2053 5.00000% | 154871CU9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NE | NEBRASKA | USD | US DOLLAR | 5/1/2053 |  |  | 104.40 |  |  |  |  |  | CENTRL PLAINS ENERGY | 05/01/2053 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 200000.00 | 210088.50 | 208059.94 | 208790.26 | 208790.26 | 730.32 | 730.32 | 4.79 | True | 3.58 |  | 0.79 | 0.76 | 0.80 | 0.00 |  |  | 154871CU<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 158862CB | CHANDLER INDL DEV-2 | 09/01/2052 5.00000% | 09/01/2052 5.00000% | 158862CB6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AZ | ARIZONA | USD | US DOLLAR | 9/1/2052 |  |  | 101.14 |  |  |  |  |  | CHANDLER INDL DEV-2 | 09/01/2052 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 180000.00 | 183404.50 | 181812.03 | 182054.09 | 182054.09 | 242.06 | 242.06 | 4.94 | True | 3.61 |  | 0.69 | 0.66 | 0.69 | 0.00 |  |  | 158862CB<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 1675937X | CHICAGO-A-REV | 01/01/2037 5.00000% | 01/01/2037 5.00000% | 1675937X4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/1/2037 |  |  | 109.34 |  |  |  |  |  | CHICAGO-A-REV | 01/01/2037 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 274342.50 | 273244.94 | 273348.53 | 273348.53 | 103.59 | 103.59 | 4.57 | True | 3.73 |  | 1.03 | 0.99 | 1.04 | 0.00 |  |  | 1675937X<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 167570TW | CHICAGO-REV | 10/01/2028 3.20000% | 10/01/2028 3.20000% | 167570TW0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 10/1/2028 |  |  | 100.30 |  |  |  |  |  | CHICAGO-REV | 10/01/2028 3.20000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5440.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 170000.00 | 170000.00 | 170000.00 | 170510.10 | 170510.10 | 510.10 | 510.10 | 3.19 | True | 2.98 |  | 0.65 | 0.62 | 0.65 | 0.00 |  |  | 167570TW<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 199123CN | COLUMBUS HSG AUTH | 04/01/2028 5.00000% | 04/01/2028 5.00000% | 199123CN8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | GA | GEORGIA | USD | US DOLLAR | 4/1/2028 |  |  | 101.67 |  |  |  |  |  | COLUMBUS HSG AUTH | 04/01/2028 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 150000.00 | 155565.00 | 152533.24 | 152504.75 | 152504.75 | -28.50 | -28.50 | 4.92 | True | 3.14 |  | 0.58 | 0.55 | 0.58 | 0.00 |  |  | 199123CN | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 21765KAS | COPPERLEAF MET DIST# | 4 12/01/2040 5.0000 | 4 12/01/2040 5.0000 | 21765KAS5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CO | COLORADO | USD | US DOLLAR | 12/1/2040 |  |  | 107.09 |  |  |  |  |  | COPPERLEAF MET DIST# | 4 12/01/2040 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 100000.00 | 105632.00 | 105074.77 | 107093.76 | 107093.76 | 2018.99 | 2018.99 | 4.67 | True | 3.73 |  | 0.41 | 0.39 | 0.41 | 0.00 |  |  | 21765KAS<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 230589AB | CUMBERLAND CO IND-AM | T 12/01/2027 3.1250 | T 12/01/2027 3.1250 | 230589AB9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NC | NORTH CAROLINA | USD | US DOLLAR | 12/1/2027 |  |  | 99.64 |  |  |  |  |  | CUMBERLAND CO IND-AM | T 12/01/2027 3.1250 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6250.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 200000.00 | 200000.00 | 200000.00 | 199270.20 | 199270.20 | -729.80 | -729.80 | 3.14 | False | 3.36 |  | 0.75 | 0.72 | 0.76 | 0.00 |  |  | 230589AB<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 64985SNR | DASNY-B-1 | 11/15/2030 3.05000% | 11/15/2030 3.05000% | 64985SNR0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NY | NEW YORK | USD | US DOLLAR | 11/15/2030 |  |  | 99.14 |  |  |  |  |  | DASNY-B-1 | 11/15/2030 3.05000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7625.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 250000.00 | 250000.00 | 247854.45 | 247854.45 | -2145.55 | -2145.55 | 3.08 | False | 3.25 |  | 0.94 | 0.90 | 0.94 | 0.00 |  |  | 64985SNR<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 34074HJA | FL HSG FIN CORP-A | 02/01/2044 3.00000% | 02/01/2044 3.00000% | 34074HJA1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 2/1/2044 |  |  | 99.32 |  |  |  |  |  | FL HSG FIN CORP-A | 02/01/2044 3.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 500000.00 | 500000.00 | 500000.00 | 496593.45 | 496593.45 | -3406.55 | -3406.55 | 3.02 | False | 3.05 |  | 1.88 | 1.80 | 1.89 | 0.00 |  |  | 34074HJA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 34074HHP | FL HSG FIN CORP-Q-2 | 11/01/2028 3.00000% | 11/01/2028 3.00000% | 34074HHP0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 11/1/2028 |  |  | 99.54 |  |  |  |  |  | FL HSG FIN CORP-Q-2 | 11/01/2028 3.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 300000.00 | 300000.00 | 298622.88 | 298622.88 | -1377.12 | -1377.12 | 3.01 | False | 3.19 |  | 1.13 | 1.08 | 1.14 | 0.00 |  |  | 34074HHP<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 349507EH | FORT WORTH | 03/01/2035 5.00000% | 03/01/2035 5.00000% | 349507EH2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 3/1/2035 |  |  | 111.10 |  |  |  |  |  | FORT WORTH | 03/01/2035 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 324795.00 | 322979.70 | 333307.02 | 333307.02 | 10327.32 | 10327.32 | 4.50 | False | 3.53 |  | 1.26 | 1.21 | 1.27 | 0.00 |  |  | 349507EH<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 362460WE | GADSDEN-A-WARRANTS | 10/01/2039 5.00000% | 10/01/2039 5.00000% | 362460WE3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 10/1/2039 |  |  | 109.73 |  |  |  |  |  | GADSDEN-A-WARRANTS | 10/01/2039 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 150000.00 | 162433.50 | 161851.32 | 164593.97 | 164593.97 | 2742.65 | 2742.65 | 4.56 | True | 3.76 |  | 0.62 | 0.60 | 0.63 | 0.00 |  |  | 362460WE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 386523JE | GRAND TRAVERSE HOSP | 07/01/2033 5.00000% | 07/01/2033 5.00000% | 386523JE5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 7/1/2033 |  |  | 107.00 |  |  |  |  |  | GRAND TRAVERSE HOSP | 07/01/2033 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 180000.00 | 194985.65 | 193242.47 | 192594.49 | 192594.49 | -647.98 | -647.98 | 4.67 | True | 3.51 |  | 0.73 | 0.70 | 0.73 | 0.00 |  |  | 386523JE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 39167GNQ | GREATER CLARK-B | 07/15/2028 5.00000% | 07/15/2028 5.00000% | 39167GNQ0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IN | INDIANA | USD | US DOLLAR | 7/15/2028 |  |  | 104.37 |  |  |  |  |  | GREATER CLARK-B | 07/15/2028 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 400000.00 | 423072.00 | 418653.90 | 417472.00 | 417472.00 | -1181.90 | -1181.90 | 4.79 | False | 2.94 |  | 1.58 | 1.51 | 1.59 | 0.00 |  |  | 39167GNQ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 42249TEU | HEBER LIGHT & PWR CO | 12/15/2043 5.00000% | 12/15/2043 5.00000% | 42249TEU9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | UT | UTAH | USD | US DOLLAR | 12/15/2043 |  |  | 107.80 |  |  |  |  |  | HEBER LIGHT & PWR CO | 12/15/2043 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 175000.00 | 188924.75 | 188635.34 | 188652.84 | 188652.84 | 17.50 | 17.49 | 4.64 | True | 4.01 |  | 0.71 | 0.68 | 0.72 | 0.00 |  |  | 42249TEU<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 42605KAA | HENRICO CO ECO AUTH | 10/01/2045 3.20000% | 10/01/2045 3.20000% | 42605KAA4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | VA | VIRGINIA | USD | US DOLLAR | 10/1/2045 |  |  | 100.44 |  |  |  |  |  | HENRICO CO ECO AUTH | 10/01/2045 3.20000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 11200.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 350000.00 | 350000.00 | 350000.00 | 351533.28 | 351533.28 | 1533.28 | 1533.28 | 3.19 | True | 3.01 |  | 1.33 | 1.27 | 1.34 | 0.00 |  |  | 42605KAA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 43232EDG | HILLSBOROUGH CO HSG | 12/01/2028 3.12500% | 12/01/2028 3.12500% | 43232EDG1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 12/1/2028 |  |  | 100.09 |  |  |  |  |  | HILLSBOROUGH CO HSG | 12/01/2028 3.12500% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5468.75 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 175000.00 | 175000.00 | 175000.00 | 175148.75 | 175148.75 | 148.75 | 148.75 | 3.12 | False | 3.09 |  | 0.66 | 0.63 | 0.67 | 0.00 |  |  | 43232EDG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 438697BQ | HONOLULU CITY & CNTY | 06/01/2027 5.00000% | 06/01/2027 5.00000% | 438697BQ6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | HI | HAWAII | USD | US DOLLAR | 6/1/2027 |  |  | 100.13 |  |  |  |  |  | HONOLULU CITY & CNTY | 06/01/2027 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 3500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 70000.00 | 71214.40 | 70606.94 | 70090.80 | 70090.80 | -516.14 | -516.14 | 4.99 | False | 4.87 |  | 0.27 | 0.25 | 0.27 | 0.00 |  |  | 438697BQ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 45203LFC | IL HSG DEV AUTH | 02/01/2029 3.15000% | 02/01/2029 3.15000% | 45203LFC2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 2/1/2029 |  |  | 99.96 |  |  |  |  |  | IL HSG DEV AUTH | 02/01/2029 3.15000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12600.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 400000.00 | 400000.00 | 400000.00 | 399835.56 | 399835.56 | -164.44 | -164.44 | 3.15 | False | 3.16 |  | 1.51 | 1.45 | 1.52 | 0.00 |  |  | 45203LFC<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 45506CBV | IN HSG & CMNTY DEV-A | 03/01/2029 2.90000% | 03/01/2029 2.90000% | 45506CBV8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IN | INDIANA | USD | US DOLLAR | 3/1/2029 |  |  | 99.56 |  |  |  |  |  | IN HSG & CMNTY DEV-A | 03/01/2029 2.90000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10150.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 350000.00 | 350000.00 | 350000.00 | 348453.84 | 348453.84 | -1546.16 | -1546.16 | 2.91 | False | 3.06 |  | 1.32 | 1.26 | 1.33 | 0.00 |  |  | 45506CBV<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 473268CY | JEFFERSON CO SD#0300 | 12/15/2035 4.00000% | 12/15/2035 4.00000% | 473268CY4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NE | NEBRASKA | USD | US DOLLAR | 12/15/2035 |  |  | 102.08 |  |  |  |  |  | JEFFERSON CO SD#0300 | 12/15/2035 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 252710.00 | 252663.74 | 255191.93 | 255191.93 | 2528.19 | 2528.19 | 3.92 | True | 3.54 |  | 0.97 | 0.92 | 0.97 | 0.00 |  |  | 473268CY<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 74440DFN | KY PUB ENERGY AUTH-A | 06/01/2055 5.25000% | 06/01/2055 5.25000% | 74440DFN9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | KY | KENTUCKY | USD | US DOLLAR | 6/1/2055 |  |  | 105.69 |  |  |  |  |  | KY PUB ENERGY AUTH-A | 06/01/2055 5.25000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 28612.50 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 545000.00 | 580573.20 | 575099.72 | 576015.84 | 576015.84 | 916.12 | 916.12 | 4.97 | True | 3.51 |  | 2.18 | 2.09 | 2.19 | 0.00 |  |  | 74440DFN | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 54627CCE | LA HSG CORP | 10/01/2045 2.70000% | 10/01/2045 2.70000% | 54627CCE1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 10/1/2045 |  |  | 100.12 |  |  |  |  |  | LA HSG CORP | 10/01/2045 2.70000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10800.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 400000.00 | 400000.00 | 400000.00 | 400495.32 | 400495.32 | 495.32 | 495.32 | 2.70 | True | 2.61 |  | 1.52 | 1.45 | 1.53 | 0.00 |  |  | 54627CCE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 523470JS | LEE COUNTY-A-2-AMT | 10/01/2056 5.00000% | 10/01/2056 5.00000% | 523470JS2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | FL | FLORIDA | USD | US DOLLAR | 10/1/2056 |  |  | 108.07 |  |  |  |  |  | LEE COUNTY-A-2-AMT | 10/01/2056 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 328737.00 | 327879.98 | 324202.05 | 324202.05 | -3677.93 | -3677.93 | 4.63 | True | 3.29 |  | 1.23 | 1.17 | 1.24 | 0.00 |  |  | 523470JS<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 54627CCF | LOUISIANA HSG CORP | 05/01/2043 3.10000% | 05/01/2043 3.10000% | 54627CCF8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 5/1/2043 |  |  | 100.01 |  |  |  |  |  | LOUISIANA HSG CORP | 05/01/2043 3.10000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 23250.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 750000.00 | 750000.00 | 750000.00 | 750074.25 | 750074.25 | 74.25 | 74.25 | 3.10 | True | 3.09 |  | 2.84 | 2.72 | 2.86 | 0.00 |  |  | 54627CCF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 55609GEK | MACOUPIN CUSD #34-RE | F 12/01/2027 5.0000 | F 12/01/2027 5.0000 | 55609GEK5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 12/1/2027 |  |  | 103.06 |  |  |  |  |  | MACOUPIN CUSD #34-RE | F 12/01/2027 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 260372.50 | 259151.87 | 257646.78 | 257646.78 | -1505.10 | -1505.10 | 4.85 | False | 3.01 |  | 0.97 | 0.93 | 0.98 | 0.00 |  |  | 55609GEK<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 592647DB | MET WASHINGTON ARPT | 10/01/2035 4.00000% | 10/01/2035 4.00000% | 592647DB4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | DC | DISTRICT OF COLUMBIA | USD | US DOLLAR | 10/1/2035 |  |  | 100.03 |  |  |  |  |  | MET WASHINGTON ARPT | 10/01/2035 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 299838.00 | 299910.75 | 300100.65 | 300100.65 | 189.90 | 189.90 | 4.00 | True | 3.91 |  | 1.14 | 1.09 | 1.14 | 0.00 |  |  | 592647DB<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 59465HYG | MI FIN AUTH-A-REF | 05/15/2030 5.00000% | 05/15/2030 5.00000% | 59465HYG5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 5/15/2030 |  |  | 107.93 |  |  |  |  |  | MI FIN AUTH-A-REF | 05/15/2030 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 17500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 350000.00 | 385056.00 | 383666.68 | 377738.94 | 377738.94 | -5927.75 | -5927.75 | 4.63 | False | 2.91 |  | 1.43 | 1.37 | 1.44 | 0.00 |  |  | 59465HYG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 605128VW | MISSION TX-CTFS OBLI | G 02/15/2032 5.0000 | G 02/15/2032 5.0000 | 605128VW4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 2/15/2032 |  |  | 108.70 |  |  |  |  |  | MISSION TX-CTFS OBLI | G 02/15/2032 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 100000.00 | 108057.00 | 107092.06 | 108700.20 | 108700.20 | 1608.14 | 1608.14 | 4.60 | False | 3.33 |  | 0.41 | 0.39 | 0.41 | 0.00 |  |  | 605128VW<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 60636SLM | MO DEV FIN BRD-A | 12/01/2029 5.00000% | 12/01/2029 5.00000% | 60636SLM4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MO | MISSOURI | USD | US DOLLAR | 12/1/2029 |  |  | 106.09 |  |  |  |  |  | MO DEV FIN BRD-A | 12/01/2029 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 175000.00 | 184668.75 | 182690.37 | 185654.39 | 185654.39 | 2964.02 | 2964.02 | 4.71 | False | 3.19 |  | 0.70 | 0.67 | 0.71 | 0.00 |  |  | 60636SLM<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 610251FA | MONROE CUSD#4-A-REF | 01/01/2039 5.00000% | 01/01/2039 5.00000% | 610251FA3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 1/1/2039 |  |  | 108.23 |  |  |  |  |  | MONROE CUSD#4-A-REF | 01/01/2039 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 25000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 500000.00 | 536540.00 | 534219.54 | 541165.55 | 541165.55 | 6946.01 | 6946.01 | 4.62 | True | 3.75 |  | 2.05 | 1.96 | 2.06 | 0.00 |  |  | 610251FA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 628124AF | MUSKOGEE CO PUB AUTH | 12/01/2031 4.00000% | 12/01/2031 4.00000% | 628124AF6 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | OK | OKLAHOMA | USD | US DOLLAR | 12/1/2031 |  |  | 101.51 |  |  |  |  |  | MUSKOGEE CO PUB AUTH | 12/01/2031 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 200000.00 | 204984.00 | 204576.04 | 203020.40 | 203020.40 | -1555.64 | -1555.64 | 3.94 | True | 3.64 |  | 0.77 | 0.74 | 0.77 | 0.00 |  |  | 628124AF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 647207BL | NM MUNI ENERGY ACQ A | U 06/01/2054 5.0000 | U 06/01/2054 5.0000 | 647207BL2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | NM | NEW MEXICO | USD | US DOLLAR | 6/1/2054 |  |  | 106.33 |  |  |  |  |  | NM MUNI ENERGY ACQ A | U 06/01/2054 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 8750.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 175000.00 | 186930.50 | 185214.98 | 186081.00 | 186081.00 | 866.02 | 866.02 | 4.70 | True | 3.45 |  | 0.70 | 0.67 | 0.71 | 0.00 |  |  | 647207BL<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 66442RDE | NORTHEASTERN UNIV-CO | P 07/01/2031 5.0000 | P 07/01/2031 5.0000 | 66442RDE4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | IL | ILLINOIS | USD | US DOLLAR | 7/1/2031 |  |  | 106.67 |  |  |  |  |  | NORTHEASTERN UNIV-CO | P 07/01/2031 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 20000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 400000.00 | 430940.00 | 427368.03 | 426678.40 | 426678.40 | -689.63 | -689.63 | 4.69 | False | 3.57 |  | 1.61 | 1.55 | 1.63 | 0.00 |  |  | 66442RDE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 70342PAN | PATRIOTS ENERGY GROU | P 10/01/2054 5.2500 | P 10/01/2054 5.2500 | 70342PAN4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | SC | SOUTH CAROLINA | USD | US DOLLAR | 10/1/2054 |  |  | 107.31 |  |  |  |  |  | PATRIOTS ENERGY GROU | P 10/01/2054 5.2500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 1050.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 20000.00 | 21320.80 | 21282.24 | 21461.60 | 21461.60 | 179.36 | 179.36 | 4.89 | True | 3.65 |  | 0.08 | 0.08 | 0.08 | 0.00 |  |  | 70342PAN | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 70342PAR | PATRIOTS ENERGY GROU | P 02/01/2054 5.2500 | P 02/01/2054 5.2500 | 70342PAR5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | SC | SOUTH CAROLINA | USD | US DOLLAR | 2/1/2054 |  |  | 107.00 |  |  |  |  |  | PATRIOTS ENERGY GROU | P 02/01/2054 5.2500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 22837.50 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 435000.00 | 466236.00 | 462200.05 | 465443.30 | 465443.30 | 3243.25 | 3243.25 | 4.91 | True | 3.60 |  | 1.76 | 1.69 | 1.77 | 0.00 |  |  | 70342PAR<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 735240Q5 | PORT OF PORTLAND-25B | 07/01/2038 5.00000% | 07/01/2038 5.00000% | 735240Q55 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | OR | OREGON | USD | US DOLLAR | 7/1/2038 |  |  | 103.71 |  |  |  |  |  | PORT OF PORTLAND-25B | 07/01/2038 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 120000.00 | 121544.55 | 121207.66 | 124451.78 | 124451.78 | 3244.12 | 3244.12 | 4.82 | True | 3.75 |  | 0.47 | 0.45 | 0.47 | 0.00 |  |  | 735240Q5<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 736564FR | PORTLAND-REV-REF | 01/01/2031 5.00000% | 01/01/2031 5.00000% | 736564FR1 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | ME | MAINE | USD | US DOLLAR | 1/1/2031 |  |  | 108.73 |  |  |  |  |  | PORTLAND-REV-REF | 01/01/2031 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 327042.00 | 326820.90 | 326202.51 | 326202.51 | -618.39 | -618.39 | 4.60 | False | 2.98 |  | 1.23 | 1.18 | 1.24 | 0.00 |  |  | 736564FR<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 762223RF | RHODE ISLAND ST-C-RE | F 08/01/2026 5.0000 | F 08/01/2026 5.0000 | 762223RF4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | RI | RHODE ISLAND | USD | US DOLLAR | 8/1/2026 |  |  | 100.51 |  |  |  |  |  | RHODE ISLAND ST-C-RE | F 08/01/2026 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 10750.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 215000.00 | 218394.85 | 216143.93 | 216104.99 | 216104.99 | -38.94 | -38.94 | 4.97 | False | 2.92 |  | 0.82 | 0.78 | 0.82 | 0.00 |  |  | 762223RF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 767142QX | RIO HONDO ISD | 02/15/2035 5.00000% | 02/15/2035 5.00000% | 767142QX3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 2/15/2035 |  |  | 115.96 |  |  |  |  |  | RIO HONDO ISD | 02/15/2035 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 21250.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 425000.00 | 487955.25 | 485312.18 | 492819.33 | 492819.33 | 7507.15 | 7507.15 | 4.31 | False | 2.93 |  | 1.86 | 1.79 | 1.88 | 0.00 |  |  | 767142QX<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 779240SZ | ROUND ROCK ISD-B | 08/01/2046 5.00000% | 08/01/2046 5.00000% | 779240SZ4 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 8/1/2046 |  |  | 109.18 |  |  |  |  |  | ROUND ROCK ISD-B | 08/01/2046 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 279950.00 | 279752.87 | 272946.50 | 272946.50 | -6806.37 | -6806.37 | 4.58 | False | 4.32 |  | 1.03 | 0.99 | 1.04 | 0.00 |  |  | 779240SZ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 783116BE | RUSTON-REV-REF | 06/01/2035 5.00000% | 06/01/2035 5.00000% | 783116BE5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 6/1/2035 |  |  | 111.15 |  |  |  |  |  | RUSTON-REV-REF | 06/01/2035 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 22000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 440000.00 | 491788.00 | 491684.13 | 489070.52 | 489070.52 | -2613.61 | -2613.61 | 4.50 | False | 3.55 |  | 1.85 | 1.77 | 1.86 | 0.00 |  |  | 783116BE<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 84131TBA | S E ALABAMA ST GAS S | P 08/01/2054 5.0000 | P 08/01/2054 5.0000 | 84131TBA9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 8/1/2054 |  |  | 106.81 |  |  |  |  |  | S E ALABAMA ST GAS S | P 08/01/2054 5.0000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7250.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 145000.00 | 153756.15 | 152681.69 | 154870.79 | 154870.79 | 2189.10 | 2189.10 | 4.68 | True | 3.69 |  | 0.59 | 0.56 | 0.59 | 0.00 |  |  | 84131TBA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 292723BN | S E ENERGY-B-REV | 07/01/2054 5.25000% | 07/01/2054 5.25000% | 292723BN2 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | AL | ALABAMA | USD | US DOLLAR | 7/1/2054 |  |  | 106.58 |  |  |  |  |  | S E ENERGY-B-REV | 07/01/2054 5.25000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 13125.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 274780.00 | 274007.70 | 266439.60 | 266439.60 | -7568.10 | -7568.10 | 4.93 | True | 4.00 |  | 1.01 | 0.97 | 1.02 | 0.00 |  |  | 292723BN | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 841493DV | S E REGL MGMT DT | 04/01/2041 5.00000% | 04/01/2041 5.00000% | 841493DV8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 4/1/2041 |  |  | 103.02 |  |  |  |  |  | S E REGL MGMT DT | 04/01/2041 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 300000.00 | 301206.00 | 301035.25 | 309052.41 | 309052.41 | 8017.16 | 8017.16 | 4.85 | True | 4.16 |  | 1.17 | 1.12 | 1.18 | 0.00 |  |  | 841493DV<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 795576ML | SALT LAKE-A-AMT | 07/01/2032 5.00000% | 07/01/2032 5.00000% | 795576ML8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | UT | UTAH | USD | US DOLLAR | 7/1/2032 |  |  | 108.48 |  |  |  |  |  | SALT LAKE-A-AMT | 07/01/2032 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 150000.00 | 161971.50 | 160761.78 | 162712.67 | 162712.67 | 1950.89 | 1950.89 | 4.61 | False | 3.46 |  | 0.62 | 0.59 | 0.62 | 0.00 |  |  | 795576ML<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 83712EHZ | SC HSG FIN & DEV AUT | H 11/01/2043 3.1500 | H 11/01/2043 3.1500 | 83712EHZ0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | SC | SOUTH CAROLINA | USD | US DOLLAR | 11/1/2043 |  |  | 100.59 |  |  |  |  |  | SC HSG FIN & DEV AUT | H 11/01/2043 3.1500 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7875.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 250000.00 | 250000.00 | 251473.25 | 251473.25 | 1473.25 | 1473.25 | 3.13 | True | 2.85 |  | 0.95 | 0.91 | 0.96 | 0.00 |  |  | 83712EHZ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 83712EJD | SC ST HSG FIN & DEV | 11/01/2028 3.05000% | 11/01/2028 3.05000% | 83712EJD7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | SC | SOUTH CAROLINA | USD | US DOLLAR | 11/1/2028 |  |  | 100.02 |  |  |  |  |  | SC ST HSG FIN & DEV | 11/01/2028 3.05000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 15250.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 500000.00 | 500000.00 | 500000.00 | 500099.75 | 500099.75 | 99.75 | 99.75 | 3.05 | True | 3.03 |  | 1.89 | 1.81 | 1.91 | 0.00 |  |  | 83712EJD<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 810694R7 | SCRANTON-LACKAWANNA | 11/01/2033 5.00000% | 11/01/2033 5.00000% | 810694R76 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 11/1/2033 |  |  | 110.50 |  |  |  |  |  | SCRANTON-LACKAWANNA | 11/01/2033 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 25000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 500000.00 | 568855.00 | 567160.38 | 552514.65 | 552514.65 | -14645.73 | -14645.73 | 4.52 | False | 3.40 |  | 2.09 | 2.00 | 2.11 | 0.00 |  |  | 810694R7<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 8254346V | SHREVEPORT | 03/01/2032 5.00000% | 03/01/2032 5.00000% | 8254346V0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | LA | LOUISIANA | USD | US DOLLAR | 3/1/2032 |  |  | 108.27 |  |  |  |  |  | SHREVEPORT | 03/01/2032 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6250.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 125000.00 | 133723.75 | 132618.10 | 135334.31 | 135334.31 | 2716.21 | 2716.21 | 4.62 | False | 3.42 |  | 0.51 | 0.49 | 0.52 | 0.00 |  |  | 8254346V<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 858151NA | STEEL VALLEY SCH DIS | T 11/01/2051 4.5000 | T 11/01/2051 4.5000 | 858151NA7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | PA | PENNSYLVANIA | USD | US DOLLAR | 11/1/2051 |  |  | 98.56 |  |  |  |  |  | STEEL VALLEY SCH DIS | T 11/01/2051 4.5000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 11250.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 244387.50 | 244578.52 | 246404.45 | 246404.45 | 1825.93 | 1825.93 | 4.57 | False | 4.60 |  | 0.93 | 0.89 | 0.94 | 0.00 |  |  | 858151NA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 88256PAG | TEXAS ST MUNI GAS AC | Q 01/01/2054 5.5000 | Q 01/01/2054 5.5000 | 88256PAG5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 1/1/2054 |  |  | 105.59 |  |  |  |  |  | TEXAS ST MUNI GAS AC | Q 01/01/2054 5.5000 |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 49500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 900000.00 | 962035.00 | 958368.05 | 950306.49 | 950306.49 | -8061.56 | -8061.56 | 5.21 | True | 3.62 |  | 3.60 | 3.44 | 3.62 | 0.00 |  |  | 88256PAG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 882725EF | TEXAS ST-B-VAR | 10/01/2041 2.80000% | 10/01/2041 2.80000% | 882725EF7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 10/1/2041 |  |  | 100.58 |  |  |  |  |  | TEXAS ST-B-VAR | 10/01/2041 2.80000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 23800.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 850000.00 | 850000.00 | 850000.00 | 854965.53 | 854965.53 | 4965.53 | 4965.53 | 2.78 | False | 2.75 |  | 3.24 | 3.10 | 3.26 | 0.00 |  |  | 882725EF<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 88256RAL | TX MUNI GAS ACQ V | 04/01/2027 5.00000% | 04/01/2027 5.00000% | 88256RAL0 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | TX | TEXAS | USD | US DOLLAR | 4/1/2027 |  |  | 101.40 |  |  |  |  |  | TX MUNI GAS ACQ V | 04/01/2027 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 12500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 250000.00 | 254000.00 | 253817.35 | 253502.30 | 253502.30 | -315.05 | -315.05 | 4.93 | False | 3.44 |  | 0.96 | 0.92 | 0.97 | 0.00 |  |  | 88256RAL<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 92162PAM | VANCOUVER HSG AUTH-A | 08/01/2029 5.00000% | 08/01/2029 5.00000% | 92162PAM7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 8/1/2029 |  |  | 104.39 |  |  |  |  |  | VANCOUVER HSG AUTH-A | 08/01/2029 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 37500.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 750000.00 | 791722.50 | 789216.69 | 782918.93 | 782918.93 | -6297.77 | -6297.77 | 4.79 | True | 3.32 |  | 2.96 | 2.84 | 2.98 | 0.00 |  |  | 92162PAM<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 93978HZW | WA HLTH CARE FACS-B | 08/01/2055 5.00000% | 08/01/2055 5.00000% | 93978HZW8 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 8/1/2055 |  |  | 106.56 |  |  |  |  |  | WA HLTH CARE FACS-B | 08/01/2055 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 9750.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 195000.00 | 206650.30 | 204673.36 | 207786.77 | 207786.77 | 3113.41 | 3113.41 | 4.69 | True | 3.15 |  | 0.79 | 0.75 | 0.79 | 0.00 |  |  | 93978HZW<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 93978PPY | WA ST HSG FIN | 04/01/2044 2.70000% | 04/01/2044 2.70000% | 93978PPY7 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | WA | WASHINGTON | USD | US DOLLAR | 4/1/2044 |  |  | 100.48 |  |  |  |  |  | WA ST HSG FIN | 04/01/2044 2.70000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 5400.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 200000.00 | 197684.00 | 198211.66 | 200956.20 | 200956.20 | 2744.54 | 2744.54 | 2.69 | True | 2.35 |  | 0.76 | 0.73 | 0.77 | 0.00 |  |  | 93978PPY<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 935031AJ | WARREN CO-A-REV-REF | 04/01/2034 3.70000% | 04/01/2034 3.70000% | 935031AJ3 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MS | MISSISSIPPI | USD | US DOLLAR | 4/1/2034 |  |  | 99.04 |  |  |  |  |  | WARREN CO-A-REV-REF | 04/01/2034 3.70000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 7400.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 200000.00 | 200000.00 | 200000.00 | 198075.98 | 198075.98 | -1924.02 | -1924.02 | 3.74 | False | 3.84 |  | 0.75 | 0.72 | 0.75 | 0.00 |  |  | 935031AJ<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 935031AG | WARREN CO-REF | 09/01/2032 4.00000% | 09/01/2032 4.00000% | 935031AG9 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MS | MISSISSIPPI | USD | US DOLLAR | 9/1/2032 |  |  | 102.69 |  |  |  |  |  | WARREN CO-REF | 09/01/2032 4.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 6000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 150000.00 | 150000.00 | 150000.00 | 154040.46 | 154040.46 | 4040.46 | 4040.46 | 3.90 | False | 3.52 |  | 0.58 | 0.56 | 0.59 | 0.00 |  |  | 935031AG<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 941262AA | WATERBURY HSG AUTH | 07/01/2039 4.25000% | 07/01/2039 4.25000% | 941262AA5 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | CT | CONNECTICUT | USD | US DOLLAR | 7/1/2039 |  |  | 102.23 |  |  |  |  |  | WATERBURY HSG AUTH | 07/01/2039 4.25000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 2762.50 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 65000.00 | 65040.95 | 65039.95 | 66452.51 | 66452.51 | 1412.56 | 1412.56 | 4.16 | False | 4.03 |  | 0.25 | 0.24 | 0.25 | 0.00 |  |  | 941262AA<br> N | MP |
| 444 | GENTER CAPITAL MUNICIPAL QUALITY | 944514X9 | WAYNE CO ARPT AUTH-D | 12/01/2037 5.00000% | 12/01/2037 5.00000% | 944514X94 |  | UNGROUPED SECURITIES |  | MUNIBOND | MUNICIPAL BOND |  |  |  | USA | UNITED STATES | MI | MICHIGAN | USD | US DOLLAR | 12/1/2037 |  |  | 107.40 |  |  |  |  |  | WAYNE CO ARPT AUTH-D | 12/01/2037 5.00000% |  |  |  |  | 5 | 2 | 6 | 5<br> N | True | 30000.00 | L<br> N |  |  | 4/30/2026<br> C |  | 444;USD | USD | 600000.00 | 659244.00 | 656699.67 | 644405.52 | 644405.52 | -12294.15 | -12294.15 | 4.66 | True | 4.06 |  | 2.44 | 2.34 | 2.46 | 0.00 |  |  | 944514X9<br> N | MP |

---

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** SPINNAKER ETF SERIES

- **b. Investment Company Act file number:** 811-22398

- **c. CIK number of Registrant:** 0001484018

- **d. LEI of Registrant:** 54930056GHDI2JOI6X90

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

  - **Street Address 1:** 116 SOUTH FRANKLIN STREET

  - **City:** ROCKY MOUNT

  - **State:** NC

  - **Foreign country:** US

  - **Zip / Postal Code:** 27804-5707

  - **Telephone number:** 252-972-9922

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

- **a. Name of Series:** Genter Capital Municipal Quality Intermediate ETF

- **b. EDGAR series identifier (if any):** S000084933

- **c. LEI of Series:** 52990007V4QWGFCEZW48

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

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

- **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:** $27593111.04

**Total Liabilities:** $1350525.47

**Net Assets:** $26242585.57

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 0 | **1-Year:** 0.01 | **5-Year:** 0.02 | **10-Year:** 0.01 | **30-Year:** 0

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

- **3-Month:** 0 | **1-Year:** 0 | **5-Year:** 0 | **10-Year:** 0 | **30-Year:** 0

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000249690 | 0.90%                | -1.61%               | 0.84%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $30915.00                | $96390.03                                  |
| Month 2  | $-2037.29                | $-444330.52                                |
| Month 3  | $1608.39                 | $136538.19                                 |

**Designated Index Information**

- **Index Name:** Bloomberg Municipal Bond 5 Year (4-6) Total Return Index

- **Index Identifier:** LM05TR

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| RICHMOND REDEV HSG-F | ABS      | CUSIP: 76543FAA8<br>LEI: N/A                  | Long             | DBT              |  | US        |     39488 | NS      | $41156.01     | 0.16%             | 2040-05-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| DALLAS TEX INDPT SCH | CORPBOND | CUSIP: 235308Y23<br>LEI: N/A                  | Long             | DBT              | CORP              | US        |    400000 | NS      | $429538.96    | 1.64%             | 2056-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Fidelity Investments | MONEYMKT | CUSIP: 316175108<br>LEI: 6X064LF7Y6B4DKF2GZ26 | Long             | STIV             |  | US        |   1455561 | NS      | $1455561.15   | 5.55%             |  |  |  | No            |                  1 | On Loan: No      |
| ALACHUA CO HLTH-B-3  | MUNIBOND | CUSIP: 010684BQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $300043.59    | 1.14%             | 2030-10-01      | Fixed         | 3.63%                 | No            |                  2 | On Loan: No      |
| AK MUNI BOND BANK-TW | MUNIBOND | CUSIP: 01179R6F5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $179817.24    | 0.69%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALBANY HOSP AUTH-B-3 | MUNIBOND | CUSIP: 01250EAG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    365000 | NS      | $364276.35    | 1.39%             | 2029-11-15      | Fixed         | 3.20%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HIER ED-RI | MUNIBOND | CUSIP: 0418066Z8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $176155.09    | 0.67%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON HGR EDU-A  | MUNIBOND | CUSIP: 041806MH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | NS      | $20124.06     | 0.08%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN AFFORDABLE PF | MUNIBOND | CUSIP: 05217TAZ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $298966.02    | 1.14%             | 2059-11-01      | Variable      | 2.95%                 | No            |                  2 | On Loan: No      |
| AUSTIN-REV-REF-AMT   | MUNIBOND | CUSIP: 052398JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $217339.76    | 0.83%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN-B-REV-AMT     | MUNIBOND | CUSIP: 052398KV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $269137.18    | 1.03%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GA | MUNIBOND | CUSIP: 09182TAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    155000 | NS      | $155820.97    | 0.59%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GA | MUNIBOND | CUSIP: 09182TAM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | NS      | $577017.79    | 2.20%             | 2052-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT GAS DT-E  | MUNIBOND | CUSIP: 09182TGC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $318761.94    | 1.21%             | 2055-12-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CO           | MUNIBOND | CUSIP: 11506KHK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $435554.12    | 1.66%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CA CMNTY CHOICE-B    | MUNIBOND | CUSIP: 13013JHM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $418347.64    | 1.59%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CA CMNTY CHOICE-D    | MUNIBOND | CUSIP: 13013JHN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | NS      | $797117.55    | 3.04%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST-SER A  | MUNIBOND | CUSIP: 13048RAF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | NS      | $600391.32    | 2.29%             | 2044-12-01      | Variable      | 3.45%                 | No            |                  2 | On Loan: No      |
| CA MUNI FIN AUT-B-AM | MUNIBOND | CUSIP: 13048RAS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $199320.92    | 0.76%             | 2050-09-01      | Variable      | 3.38%                 | No            |                  2 | On Loan: No      |
| CENTRL PLAINS ENERGY | MUNIBOND | CUSIP: 154871CU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $208790.26    | 0.80%             | 2053-05-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER INDL DEV-2  | MUNIBOND | CUSIP: 158862CB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | NS      | $182054.09    | 0.69%             | 2052-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO-REV          | MUNIBOND | CUSIP: 167570TW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    170000 | NS      | $170510.10    | 0.65%             | 2028-10-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| CHICAGO-A-REV        | MUNIBOND | CUSIP: 1675937X4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $273348.53    | 1.04%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS HSG AUTH    | MUNIBOND | CUSIP: 199123CN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $152504.75    | 0.58%             | 2028-04-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COPPERLEAF MET DIST# | MUNIBOND | CUSIP: 21765KAS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | NS      | $107093.76    | 0.41%             | 2040-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CUMBERLAND CO IND-AM | MUNIBOND | CUSIP: 230589AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $199270.20    | 0.76%             | 2027-12-01      | Variable      | 3.13%                 | No            |                  2 | On Loan: No      |
| S E ENERGY-B-REV     | MUNIBOND | CUSIP: 292723BN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $266439.60    | 1.02%             | 2054-07-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| FL HSG FIN CORP-Q-2  | MUNIBOND | CUSIP: 34074HHP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $298622.88    | 1.14%             | 2028-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| FL HSG FIN CORP-A    | MUNIBOND | CUSIP: 34074HJA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | NS      | $496593.45    | 1.89%             | 2044-02-01      | Variable      | 3.00%                 | No            |                  2 | On Loan: No      |
| FORT WORTH           | MUNIBOND | CUSIP: 349507EH2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $333307.02    | 1.27%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GADSDEN-A-WARRANTS   | MUNIBOND | CUSIP: 362460WE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $164593.97    | 0.63%             | 2039-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND TRAVERSE HOSP  | MUNIBOND | CUSIP: 386523JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | NS      | $192594.49    | 0.73%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREATER CLARK-B      | MUNIBOND | CUSIP: 39167GNQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $417472.00    | 1.59%             | 2028-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HEBER LIGHT & PWR CO | MUNIBOND | CUSIP: 42249TEU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $188652.84    | 0.72%             | 2043-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HENRICO CO ECO AUTH  | MUNIBOND | CUSIP: 42605KAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | NS      | $351533.28    | 1.34%             | 2045-10-01      | Variable      | 3.20%                 | No            |                  2 | On Loan: No      |
| HILLSBOROUGH CO HSG  | MUNIBOND | CUSIP: 43232EDG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $175148.75    | 0.67%             | 2028-12-01      | Variable      | 3.13%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY | MUNIBOND | CUSIP: 438697BQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | NS      | $70090.80     | 0.27%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IL HSG DEV AUTH      | MUNIBOND | CUSIP: 45203LFC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $399835.56    | 1.52%             | 2029-02-01      | Fixed         | 3.15%                 | No            |                  2 | On Loan: No      |
| IN HSG & CMNTY DEV-A | MUNIBOND | CUSIP: 45506CBV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | NS      | $348453.84    | 1.33%             | 2029-03-01      | Fixed         | 2.90%                 | No            |                  2 | On Loan: No      |
| JEFFERSON CO SD#0300 | MUNIBOND | CUSIP: 473268CY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $255191.93    | 0.97%             | 2035-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LEE COUNTY-A-2-AMT   | MUNIBOND | CUSIP: 523470JS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $324202.05    | 1.24%             | 2056-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LA HSG CORP          | MUNIBOND | CUSIP: 54627CCE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $400495.32    | 1.53%             | 2045-10-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| LOUISIANA HSG CORP   | MUNIBOND | CUSIP: 54627CCF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | NS      | $750074.25    | 2.86%             | 2043-05-01      | Variable      | 3.10%                 | No            |                  2 | On Loan: No      |
| MACOUPIN CUSD #34-RE | MUNIBOND | CUSIP: 55609GEK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $257646.78    | 0.98%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON ARPT  | MUNIBOND | CUSIP: 592647DB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $300100.65    | 1.14%             | 2035-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MI FIN AUTH-A-REF    | MUNIBOND | CUSIP: 59465HYG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | NS      | $377738.94    | 1.44%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSION TX-CTFS OBLI | MUNIBOND | CUSIP: 605128VW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | NS      | $108700.20    | 0.41%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MO DEV FIN BRD-A     | MUNIBOND | CUSIP: 60636SLM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $185654.39    | 0.71%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONROE CUSD#4-A-REF  | MUNIBOND | CUSIP: 610251FA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | NS      | $541165.55    | 2.06%             | 2039-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MUSKOGEE CO PUB AUTH | MUNIBOND | CUSIP: 628124AF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $203020.40    | 0.77%             | 2031-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NM MUNI ENERGY ACQ A | MUNIBOND | CUSIP: 647207BL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | NS      | $186081.00    | 0.71%             | 2054-06-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DASNY-B-1            | MUNIBOND | CUSIP: 64985SNR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $247854.45    | 0.94%             | 2030-11-15      | Fixed         | 3.05%                 | No            |                  2 | On Loan: No      |
| NORTHEASTERN UNIV-CO | MUNIBOND | CUSIP: 66442RDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | NS      | $426678.40    | 1.63%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROU | MUNIBOND | CUSIP: 70342PAN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     20000 | NS      | $21461.60     | 0.08%             | 2054-10-01      | Variable      | 5.25%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROU | MUNIBOND | CUSIP: 70342PAR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    435000 | NS      | $465443.30    | 1.77%             | 2054-02-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| PORT OF PORTLAND-25B | MUNIBOND | CUSIP: 735240Q55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | NS      | $124451.78    | 0.47%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORTLAND-REV-REF     | MUNIBOND | CUSIP: 736564FR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $326202.51    | 1.24%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KY PUB ENERGY AUTH-A | MUNIBOND | CUSIP: 74440DFN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | NS      | $576015.84    | 2.19%             | 2055-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST-C-RE | MUNIBOND | CUSIP: 762223RF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    215000 | NS      | $216104.99    | 0.82%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIO HONDO ISD        | MUNIBOND | CUSIP: 767142QX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | NS      | $492819.33    | 1.88%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROUND ROCK ISD-B     | MUNIBOND | CUSIP: 779240SZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $272946.50    | 1.04%             | 2046-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RUSTON-REV-REF       | MUNIBOND | CUSIP: 783116BE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | NS      | $489070.52    | 1.86%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE-A-AMT      | MUNIBOND | CUSIP: 795576ML8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $162712.67    | 0.62%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCRANTON-LACKAWANNA  | MUNIBOND | CUSIP: 810694R76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | NS      | $552514.65    | 2.11%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHREVEPORT           | MUNIBOND | CUSIP: 8254346V0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | NS      | $135334.31    | 0.52%             | 2032-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SC HSG FIN & DEV AUT | MUNIBOND | CUSIP: 83712EHZ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $251473.25    | 0.96%             | 2043-11-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| SC ST HSG FIN & DEV  | MUNIBOND | CUSIP: 83712EJD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | NS      | $500099.75    | 1.91%             | 2028-11-01      | Variable      | 3.05%                 | No            |                  2 | On Loan: No      |
| S E ALABAMA ST GAS S | MUNIBOND | CUSIP: 84131TBA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | NS      | $154870.79    | 0.59%             | 2054-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| S E REGL MGMT DT     | MUNIBOND | CUSIP: 841493DV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | NS      | $309052.41    | 1.18%             | 2041-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STEEL VALLEY SCH DIS | MUNIBOND | CUSIP: 858151NA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $246404.45    | 0.94%             | 2051-11-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| TEXAS ST MUNI GAS AC | MUNIBOND | CUSIP: 88256PAG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | NS      | $950306.49    | 3.62%             | 2054-01-01      | Variable      | 5.50%                 | No            |                  2 | On Loan: No      |
| TX MUNI GAS ACQ V    | MUNIBOND | CUSIP: 88256RAL0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | NS      | $253502.30    | 0.97%             | 2027-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST-B-VAR       | MUNIBOND | CUSIP: 882725EF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | NS      | $854965.53    | 3.26%             | 2041-10-01      | Variable      | 2.80%                 | No            |                  2 | On Loan: No      |
| VANCOUVER HSG AUTH-A | MUNIBOND | CUSIP: 92162PAM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | NS      | $782918.93    | 2.98%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WARREN CO-REF        | MUNIBOND | CUSIP: 935031AG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | NS      | $154040.46    | 0.59%             | 2032-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WARREN CO-A-REV-REF  | MUNIBOND | CUSIP: 935031AJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $198075.98    | 0.75%             | 2034-04-01      | Fixed         | 3.70%                 | No            |                  2 | On Loan: No      |
| WA HLTH CARE FACS-B  | MUNIBOND | CUSIP: 93978HZW8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | NS      | $207786.77    | 0.79%             | 2055-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| WA ST HSG FIN        | MUNIBOND | CUSIP: 93978PPY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | NS      | $200956.20    | 0.77%             | 2044-04-01      | Fixed         | 2.70%                 | No            |                  2 | On Loan: No      |
| WATERBURY HSG AUTH   | MUNIBOND | CUSIP: 941262AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | NS      | $66452.51     | 0.25%             | 2039-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| WAYNE CO ARPT AUTH-D | MUNIBOND | CUSIP: 944514X94<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    600000 | NS      | $644405.52    | 2.46%             | 2037-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-06-01

**Name of Applicant:** Spinnaker ETF Series

**Signature:** Pete Mccabe

**Name of Signer:** Pete Mccabe

**Title:** Principal Accounting Officer/Principal Financial Officer