# EDGAR Filing Document

**Accession Number:** 0001774342
**File Stem:** 0001774342-25-000003
**Filing Date:** 2025-9
**Character Count:** 337337
**Document Hash:** b54704c49b39f901315ffae6a0defc98
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001774342-25-000003.hdr.sgml**: 20250926

**ACCESSION NUMBER**: 0001774342-25-000003

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20250731

**FILED AS OF DATE**: 20250926

**DATE AS OF CHANGE**: 20250926

**PERIOD START**: 20251031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Nuveen Municipal Credit Opportunities Fund
- **CENTRAL INDEX KEY:** 0001774342

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

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-23440
- **FILM NUMBER:** 251346192

**BUSINESS ADDRESS:**
- **STREET 1:** 333 WEST WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606
- **BUSINESS PHONE:** 312-917-8146

**MAIL ADDRESS:**
- **STREET 1:** 333 WEST WACKER DR.
- **CITY:** CHICAGO
- **STATE:** IL
- **ZIP:** 60606

## Nport-Ex

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025

#### NMCO
(Unaudited)

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

LONG-TERM

INVESTMENTS

-

171.9%

(100.0%

of

Total

Investments)

979386121

MUNICIPAL

BONDS

-

.9

%

(100

.0

%

of

Total

Investments)

979386121

ALABAMA

-

6.1%

(3.5%

of

Total

Investments)

$

395,000

Hoover

Industrial

Development

Board,

Alabama,

Environmental

Improvement

Revenue

Bonds,

United

States

Steel

Corporation

Proejcet,

Green

Series

2020,

(AMT),

(Mandatory

Put

11/01/30)

.375

%

11/01/50

$

429,708

20,925,000

Hoover

Industrial

Development

Board,

Alabama,

Environmental

Improvement

Revenue

Bonds,

United

States

Steel

Corporation

Proejcet,

Series

2019,

(AMT)

.750

10/01/49

20,942,240

5,100,000

Mobile

County

Industrial

Development

Authority,

Alabama,

Solid

Waste

Disposal

Revenue

Bonds,

AM/NS

Calvert

LLC

Project,

Series

2024A,

(AMT)

.000

06/01/54

4,645,383

8,875,000

(a) Tuscaloosa

County

Industrial

Development

Authority,

Alabama,

Gulf

Opportunity

Zone

Bonds,

Hunt

Refining

Project,

Refunding

Series

2019A

.250

05/01/44

8,559,427

TOTAL

ALABAMA

34,576,758

ALASKA

-

1.3%

(0.8%

of

Total

Investments)

7,765,000

Anchorage,

Alaska,

Port

Revenue

Bonds,

Series

2020A,

(AMT)

.000

12/01/50

7,567,602

TOTAL

ALASKA

7,567,602

ARIZONA

-

2.9%

(1.7%

of

Total

Investments)

2,000,000

(a) Arizona

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Heritage

Academy

-

Gateway

and

Laveen

Pojects,

Series

2021B

.000

07/01/51

1,646,777

1,000,000

(a) Arizona

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Heritage

Academy

-

Gateway

and

Laveen

Pojects,

Taxable

Series

2021A

.000

07/01/51

823,389

340,000

(a) Arizona

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Pinecrest

Academy-Cadence

Campus

Project,

Series

2020A

.000

07/15/40

293,869

2,000,000

(a) Arizona

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

San

Tab

Charter

Schools

Project,

Series

2025

.875

02/01/53

1,956,670

985,000

(a) Maricopa

County

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Gateway

Academy

Project,

Series

2019A

.750

01/01/50

797,794

1,100,000

(a) Maricopa

County

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Legacy

Traditional

Schools

Projects,

Taxable

Series

2019B

.000

07/01/39

1,101,737

4,025,000

(a) Maricopa

County

Industrial

Development

Authority,

Arizona,

Education

Revenue

Bonds,

Legacy

Traditional

Schools

Projects,

Taxable

Series

2019B

.000

07/01/54

3,642,518

315,000

(a) Maricopa

County

Industrial

Development

Authority,

Arizona,

Educational

Facilities

Revenue

Bonds,

Ottawa

University

Projects,

Series

2020

.500

10/01/51

247,727

600,000

(a) Phoenix

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Basis

Schools,

Inc.

Projects,

Series

2016A

.000

07/01/35

600,143

280,000

(a) Phoenix

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Northwest

Christian

School

Project,

Series

2020A

.000

09/01/55

218,029

1,000,000

(a),(b)

Pima

County

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Edkey

Charter

Schools

Project,

Series

2019

.875

07/01/51

700,000

50,000

(a) Pima

County

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Imagine

East

Mesa

Charter

Schools

Project,

Series

2019

.000

07/01/49

43,409

380,000

(a) Pima

County

Industrial

Development

Authority,

Arizona,

Education

Facility

Revenue

Bonds,

Synergy

Public

Charter

School

Project,

Series

2020

.250

06/15/50

327,179

1,000,000

(c) Sierra

Vista

Industrial

Development

Authority,

Arizona,

Economic

Development

Revenue

Bonds,

Convertible

Capital

Appreciation

Revenue

Bonds,

Series

2021A

.000

10/01/56

765,286

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ARIZONA

(continued)

$

2,205,000

(a) Tempe

Industrial

Development

Authority,

Arizona,

Revenue

Bonds,

Mirabella

at

ASU

Project,

Series

2017A

.000

%

10/01/37

$

1,634,968

2,350,000

(a) Tempe

Industrial

Development

Authority,

Arizona,

Revenue

Bonds,

Mirabella

at

ASU

Project,

Series

2017A

.125

10/01/52

1,487,984

TOTAL

ARIZONA

16,287,479

ARKANSAS

-

2.2%

(1.3%

of

Total

Investments)

13,085,000

(a) Arkansas

Development

Finance

Authority,

Arkansas,

Environmental

Improvement

Revenue

Bonds,

United

States

Steel

Corporation,

Green

Series

2022,

(AMT)

.450

09/01/52

12,795,312

TOTAL

ARKANSAS

12,795,312

CALIFORNIA

-

9.2%

(5.3%

of

Total

Investments)

3,000,000

(a) California

Community

Housing

Agency,

California,

Essential

Housing

Revenue

Bonds,

K

Street

Flats,

Series

2021A-2

.000

08/01/50

2,233,352

4,500,000

(a) California

Community

Housing

Agency,

California,

Essential

Housing

Revenue

Bonds,

Serenity

at

Larkspur

Apartments,

Series

2020A

.000

02/01/50

3,153,710

8,000,000

(a) California

Community

Housing

Agency,

Workforce

Housing

Revenue

Bonds,

Annadel

Apartments,

Series

2019A

.000

04/01/49

6,485,166

1,555,000

California

County

Tobacco

Securitization

Agency,

Tobacco

Settlement

Asset-Backed

Bonds,

Los

Angeles

County

Securitization

Corporation,

Series

2020B-2

.000

06/01/55

263,395

1,500,000

(a) California

Enterprise

Development

Authority,

Charter

School

Revenue

Bonds,

Norton

Science

and

Language

Academy

Project,

Series

2020

.250

07/01/58

1,512,645

2,400,000

(a) California

Infrastructure

and

Economic

Development

Bank,

Revenue

Bonds,

Brightline

West

Passenger

Rail

Project,

Green

Bond

Series

2025A,

(AMT),

(Mandatory

Put

1/01/35)

.500

01/01/65

2,141,210

275,000

(a) California

Municipal

Finance

Authority,

Revenue

Bonds,

American

Musical

and

Dramatic

Academy

Inc.

AMDA

Inc

Project,

Taxable

Series

2023B

.500

07/01/30

278,358

1,505,000

California

Municipal

Finance

Authority,

Revenue

Bonds,

American

Musical

and

Dramatic

Academy

Inc.,

Series

2023A

.250

07/01/53

1,505,809

4,000,000

(a) California

Municipal

Finance

Authority,

Revenue

Bonds,

Simpson

University,

Series

2020A

.000

10/01/50

3,779,164

1,385,000

(a) California

Public

Finance

Authority,

Charter

School

Lease

Revenue

Bonds,

California

Crosspoint

Academy

Project,

Series

2020A

.125

07/01/55

1,070,816

320,000

(a) California

Public

Finance

Authority,

Senior

Living

Revenue

Bonds,

Enso

Village,

Refunding

Green

Series

2021A

.000

11/15/51

269,032

4,850,000

California

Public

Finance

Authority,

Senior

Living

Revenue

Bonds,

The

James,

Senior

Series

2024A

.200

06/01/44

4,511,919

1,410,000

(a) California

School

Finance

Authority,

Charter

School

Revenue

Bonds,

Arts

in

Action

Charter

Schools

-

Obligated

Group,

Series

2020A

.000

06/01/50

1,137,722

1,200,000

(a) California

School

Finance

Authority,

Charter

School

Revenue

Bonds,

Arts

in

Action

Charter

Schools

-

Obligated

Group,

Series

2020A

.000

06/01/59

930,324

1,000,000

(a) California

School

Finance

Authority,

Charter

School

Revenue

Bonds,

Scholarship

Prep

Public

Schools

Obligated

Group,

Series

2020A

.000

06/01/60

803,974

2,500,000

(a) California

Statewide

Communities

Development

Authority,

California,

Revenue

Bonds,

Loma

Linda

University

Medical

Center,

Series

2016A

.250

12/01/56

2,311,237

3,000,000

(a) California

Statewide

Communities

Development

Authority,

California,

Revenue

Bonds,

Loma

Linda

University

Medical

Center,

Series

2018A

.500

12/01/58

2,896,165

15,000,000

California

Statewide

Financing

Authority,

Tobacco

Settlement

Asset-Backed

Bonds,

Pooled

Tobacco

Securitization

Program,

Series

2006A

.000

06/01/46

3,555,939

1,000,000

(a) CSCDA

Community

Improvement

Authority,

California,

Essential

Housing

Revenue

Bonds,

Center

City

Anaheim,

Series

2020A

.000

01/01/54

866,135

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

CALIFORNIA

(continued)

$

2,500,000

(a) CSCDA

Community

Improvement

Authority,

California,

Essential

Housing

Revenue

Bonds,

Vineyard

Gardens

Apartments,

Senior

Lien

Series

2021A

.250

%

10/01/58

$

1,659,349

23,500,000

Golden

State

Tobacco

Securitization

Corporation,

California,

Tobacco

Settlement

Asset-Backed

Bonds,

Capital

Appreciation

Series

2021B-2

.000

06/01/66

2,257,647

10,000,000

Inland

Empire

Tobacco

Securitization

Authority,

California,

Tobacco

Settlement

Asset-Backed

Bonds,

Series

2007C-1.

Turbo

Capital

Appreciation

.000

06/01/36

4,532,234

615,000

(d) Los

Angeles

Department

of

Airports,

California,

Revenue

Bonds,

Los

Angeles

International

Airport,

Refunding

Subordinate

Lien

Private

Activity

Series

2021A,

(AMT)

.000

05/15/39

628,008

15,000,000

Tobacco

Securitization

Authority

of

Southern

California,

Tobacco

Settlement

Asset-Backed

Bonds,

San

Diego

County

Tobacco

Asset

Securitization

Corporation,

First

Subordinate

CABs,

Series

2006B

.000

06/01/46

3,450,231

TOTAL

CALIFORNIA

52,233,541

COLORADO

-

24.1%

(14.0%

of

Total

Investments)

4,975,000

(a) Aerotropolis

Regional

Transportation

Authority,

Colorado,

Special

Revenue

Bonds,

Series

2024

.750

12/01/54

4,819,908

1,940,000

Arista

Metropolitan

District,

Broomfield

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Refunding

and

Improvement

Series

2023B

.250

12/15/39

1,952,385

3,000,000

Aurora

Highlands

Community

Authority

Board,

Adams

County,

Colorado,

Special

Tax

Revenue

Bonds,

Refunding

&

Improvement

Series

2021A

.750

12/01/51

2,728,905

2,000,000

Bradley

Heights

Metropolitan

District

2,

Colorado

Springs,

El

Paso

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Series

2021A-3

.750

12/01/51

1,495,153

961,000

Broadway

Station

Metropolitan

District

2,

Denver

City

and

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Convertible

to

Unlimited

Series

2019A

.000

12/01/35

843,826

3,000,000

Broadway

Station

Metropolitan

District

3,

Denver

City

and

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Convertible

to

Unlimited

Series

2019A

.000

12/01/49

2,206,486

1,000,000

Broadway

Station

Metropolitan

District

3,

Denver

City

and

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Subordinate

Convertible

to

Senior

Capital

Appreciation

Series

2019B

.500

12/01/49

686,498

3,985,000

Broadway

Station

Metropolitan

District

3,

Denver

County,

Colorado,

Tax

Increment

Supported

Revenue

Bonds,

Series

2023A

.000

12/15/32

3,985,044

500,000

Colorado

Educational

and

Cultural

Facilities

Authority,

Charter

School

Revenue

Bonds

World

Compass

Academy

Project,

Series

2017

.375

10/01/37

441,164

3,145,000

(a) Colorado

Educational

and

Cultural

Facilities

Authority,

Charter

School

Revenue

Bonds,

Belle

Creek

Charter

School,

Series

2022A

.250

03/15/52

2,858,726

500,000

(a) Colorado

Educational

and

Cultural

Facilities

Authority,

Charter

School

Revenue

Bonds,

Loveland

Classical

Schools

Project,

Series

2016

.000

07/01/36

501,323

6,775,000

(a) Colorado

Educational

and

Cultural

Facilities

Authority,

Cultural

Facilities

Revenue

Bonds,

Stanley

Project,

Senior

Lien

Series

2025A-1

.875

02/01/59

6,855,723

3,520,000

(a) Colorado

Educational

and

Cultural

Facilities

Authority,

Revenue

Bonds,

Rocky

Mountain

Classical

Academy

Project,

Refunding

Series

2019

.000

10/01/49

3,091,907

6,650,000

(a) Colorado

Educational

and

Cultural

Facilities

Authority,

Revenue

Bonds,

Rocky

Mountain

Classical

Academy

Project,

Refunding

Series

2019

.000

10/01/59

5,626,311

1,658,000

Crossroads

Metropolitan

District

1,

El

Paso

County,

Colorado,

Limited

Tax

General

Obligation

and

Special

Revenue

Bonds,

Series

2022

.500

12/01/51

1,551,130

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

COLORADO

(continued)

$

2,695,000

Dawson

Trails

Metropolitan

District

1,

Colorado,

In

The

Town

of

Castle

Rock,

Limited

Tax

General

Obligation

Capital

Appreciation

Turbo

Bonds,

Series

2024

.000

%

12/01/31

$

1,678,467

1,000,000

DC

Metropolitan

District,

Denver

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Convertible

to

Unlimited

Tax

Series

2024A

.875

12/01/54

906,889

1,750,000

Green

Valley

Ranch

East

Metropolitan

District

6,

Adams

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2020A-3

.875

12/01/50

1,768,898

980,000

(a) Hess

Ranch

Metropolitan

District

5,

Parker,

Colorado,

Special

Assessment

Revenue

Bonds,

Special

Improvement

District

2,

Series

2024

.500

12/01/44

946,265

14,000,000

Hess

Ranch

Metropolitan

District

6,

Parker,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Convertible

Capital

Appreciation

Series

2020A-2

.750

12/01/49

12,481,451

5,500,000

Hess

Ranch

Metropolitan

District

6,

Parker,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2020A-1

.000

12/01/49

4,801,225

500,000

Johnstown

North

Metropolitan

District

2,

Johnstown,

Colorado,

General

Obligation

Bonds,

Refunding

&

Improvement

Series

2022A

.000

08/15/52

502,597

1,000,000

Lanterns

Metropolitan

District

2,

Castle

Rock,

Douglas

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2021A-3

.500

12/01/50

728,386

2,000,000

(a) Ledge

Rock

Center

Commercial

Metropolitan

District

(In

the

Town

of

Johnstown,

Weld

County,

Colorado),

Limited

Tax

General

Obligation

Bonds,

Series

2022

.375

11/01/52

2,055,289

500,000

Ledge

Rock

Center

Residential

Metropolitan

District

1,

Weld

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2024A

.375

12/01/54

478,834

352,000

Mountain

Shadows

Metropolitan

District,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Refunding

Series

2016

.000

12/01/26

351,764

1,000,000

Murphy

Creek

Metropolitan

District

(In

the

City

of

Aurora,

Arapahoe

County,

Colorado),

General

Obligation

Limited

Tax

Bonds,

Series

2022A

and

Subordinate

General

Obligation

Limited

Tax

Bonds,

Series

2022B(3)

.000

12/01/52

933,642

2,320,000

North

Range

Metropolitan

District

3,

Adams

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2020A-3

.250

12/01/50

2,223,448

515,000

(b) North

Vista

Highlands

Metropolitan

District

3,

Pueblo

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2020

.125

12/01/49

413,089

10,180,000

(b) Painted

Prairie

Public

Improvement

Authority,

Aurora,

Colorado,

Special

Revenue

Bonds,

Series

2019

.000

12/01/49

8,667,570

1,000,000

Parterre

Metropolitan

District

5,

Thornton,

Adams

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Series

2025A

.875

12/01/45

1,018,030

5,110,000

Parterre

Metropolitan

District

5,

Thornton,

Adams

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Series

2025A

.125

12/01/55

5,231,137

4,420,000

Pioneer

Community

Authority

Board

(Weld

County,

Colorado),

Special

Revenue

Bonds,

Series

2022

.500

12/01/34

4,179,401

1,000,000

Redtail

Ridge

Metropolitan

District,

City

of

Louisville,

Boulder

County,

Colorado,

General

Obligation

Limited

Tax

Capital

Appreciation

Turbo

Bonds,

Series

2025

.000

12/01/32

597,687

1,500,000

RM

Mead

Metropolitan

District,

Weld

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2020A

.250

12/01/50

1,433,652

5,000,000

Sagebrush

Farm

Metropolitan

District

1,

Aurora,

Adams

County,

Colorado,

General

Obligation

Limited

Tax

Bonds,

Series

2022A

.750

12/01/52

5,056,167

8,515,000

(a) Settler's

Crossing

Metropolitan

District

1,

Lakewood,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Series

2020A

.125

12/01/50

7,512,476

7,375,000

South

Aurora

Regional

Improvement

Authority,

Aurora,

Colorado,

Special

Revenue

Bonds,

Refunding

Improvement

Series

2025

.750

12/01/55

7,349,360

6,500,000

STC

Metropolitan

District

2,

Superior,

Boulder

County,

Colorado,

Limited

Tax

General

Obligation

and

Special

Revenue

Bonds,

Refunding

First

Lien

Series

2025A-1

.000

12/01/55

6,279,701

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

COLORADO

(continued)

$

1,000,000

Sterling

Ranch

Community

Authority

Board,

Douglas

County,

Colorado,

Limited

Tax

Supported

and

Special

Revenue

Bonds,

Special

District

3,

Series

2022

.750

%

12/01/53

$

1,024,344

760,000

(b) Talon

Pointe

Metropolitan

District,

Adams

County,

Colorado,

Limited

Tax

General

Obligation

Bonds,

Convertible

to

Unlimited

Tax

Refunding

&

Improvement

Series

2019A

.250

12/01/51

538,963

2,200,000

Transport

Metropolitan

District

3,

In

the

City

of

Aurora,

Adams

County,

Colorado,

General

Obligation

Limited

Bonds,

Series

2021A-1

.000

12/01/41

1,804,391

1,000,000

Transport

Metropolitan

District

3,

In

the

City

of

Aurora,

Adams

County,

Colorado,

General

Obligation

Limited

Bonds,

Series

2021A-1

.000

12/01/51

734,334

4,750,000

(a) Vail

Home

Partners

Corporation,

Colorado,

Housing

Facilities

Revenue

Bonds,

Series

2025

.000

10/01/64

4,662,806

2,000,000

Verve

Metropolitan

District

1,

Jefferson

County

and

the

City

and

County

of

Broomfield,

Colorado,

General

Obligation

Bonds,

Refunding

and

Improvement

Limited

Tax

Series

2021

.000

12/01/51

1,667,652

8,000,000

(a) Windler

Public

Improvement

Authority,

Aurora,

Colorado,

Limited

Tax

Supported

Revenue

Bonds,

Convertible

Capital

Appreciation

Series

2021A-2

.625

12/01/51

5,049,381

2,000,000

(a) Windler

Public

Improvement

Authority,

Aurora,

Colorado,

Limited

Tax

Supported

Revenue

Bonds,

Series

2021A-1

.000

12/01/36

1,748,139

3,500,000

(a) Windler

Public

Improvement

Authority,

Aurora,

Colorado,

Limited

Tax

Supported

Revenue

Bonds,

Series

2021A-1

.125

12/01/51

2,559,326

TOTAL

COLORADO

137,029,250

CONNECTICUT

-

0.4%

(0.2%

of

Total

Investments)

3,200,000

(a) Connecticut

Health

and

Educational

Facilities

Authority,

Revenue

Bonds,

Mary

Wade

Home

Issue,

Series

2019A-1

.000

10/01/54

2,366,376

TOTAL

CONNECTICUT

2,366,376

DISTRICT

OF

COLUMBIA

-

4.1%

(2.4%

of

Total

Investments)

89,500,000

District

of

Columbia

Tobacco

Settlement

Corporation,

Tobacco

Settlement

Asset-Backed

Bonds,

Series

2006A

.000

06/15/46

21,547,760

3,335,000

District

of

Columbia

Tobacco

Settlement

Corporation,

Tobacco

Settlement

Asset-Backed

Bonds,

Series

2006C

.000

06/15/55

307,603

1,971,000

(a) District

of

Columbia,

Revenue

Bonds,

Saint

Paul

on

Fouth

Street,

Inc.,

Series

2019A

.250

05/15/55

1,570,010

TOTAL

DISTRICT

OF

COLUMBIA

23,425,373

FLORIDA

-

14.3%

(8.3%

of

Total

Investments)

140,000

(a) Capital

Trust

Agency,

Florida,

Educational

Facilities

Lease

Revenue

Bonds,

Franklin

Academy

Projects,

Series

2020

.000

12/15/35

136,401

100,000

(a) Capital

Trust

Agency,

Florida,

Educational

Facilities

Lease

Revenue

Bonds,

Franklin

Academy

Projects,

Series

2020

.000

12/15/50

84,547

100,000

(a) Capital

Trust

Agency,

Florida,

Educational

Facilities

Revenue

Bonds,

Imagine

School

at

Land

O'Lakes

Project,

Series

2020A

.000

12/15/49

84,131

2,483,703

(a) Capital

Trust

Agency,

Florida,

Educational

Facilities

Revenue

Bonds,

LLT Academy

South

Bay

Project,

Series

2020A

.000

06/15/55

2,111,009

1,950,000

(a) Capital

Trust

Agency,

Florida,

Educational

Facilities

Revenue

Bonds,

Pineapple

Cove

Classical

Academy,

Series

2019A

.125

07/01/39

1,819,524

1,490,000

(a) Capital

Trust

Agency,

Florida,

Senior

Living

Facilities

Revenue

Bonds,

Elim

Senior

Housing,

Inc.

Project,

Series

2017

.625

08/01/37

1,341,627

3,735,000

(a) Capital

Trust

Agency,

Florida,

Senior

Living

Facilities

Revenue

Bonds,

Elim

Senior

Housing,

Inc.

Project,

Series

2017

.875

08/01/52

2,965,371

1,230,000

(a) Capital

Trust

Authority,

Florida,

Educational

Facilities

Revenue

Bonds,

Babcock

Neighborhood

School

Inc

Project,

Series

2024

.750

08/15/54

1,080,921

2,030,000

(a) Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Creative

Inspiration

Journey

School

of

St.

Cloud,

Series

2021A

.000

06/15/51

1,658,625

2,315,000

(a) Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Pepin

Academies

of

Pasco

County

Inc.,

Series

2020A

.000

01/01/40

1,987,685

500,000

(a) Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Pepin

Academies

of

Pasco

County

Inc.,

Series

2020A

.000

01/01/50

391,478

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FLORIDA

(continued)

$

1,600,000

(a) Florida

Development

Finance

Corporation,

Educational

Facilities

Revenue

Bonds,

Southwest

Charter

Foundation

Inc

Projects,

Series

2017A

.000

%

06/15/37

$

1,603,577

14,005,000

(a) Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Brightline

Trains

Florida

LLC

Issue,

Series

2024,

(AMT),

(Mandatory

Put

7/15/28)

.000

07/15/32

8,403,000

1,500,000

Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Brightline

Trains

Florida

LLC

Issue,

Series

2024

-

AGM

Insured,

(AMT)

.000

07/01/44

1,434,895

1,515,000

Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Brightline

Trains

Florida

LLC

Issue,

Series

2024,

(AMT)

.250

07/01/47

1,233,380

7,475,000

Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Brightline

Trains

Florida

LLC

Issue,

Series

2024

-

AGM

Insured,

(AMT)

.250

07/01/53

7,157,785

14,150,000

Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Brightline

Trains

Florida

LLC

Issue,

Series

2024,

(AMT)

.500

07/01/53

11,531,057

3,000,000

(a) Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Brightline

Trains

Florida

LLC

Issue,

Series

2024A,

(AMT),

(Mandatory

Put

7/15/28)

.000

07/15/59

1,800,000

15,305,000

(a) Florida

Development

Finance

Corporation,

Revenue

Bonds,

Brightline

Florida

Passenger

Rail

Expansion

Project,

Series

2025A,

(AMT),

(Mandatory

Put

8/13/25)

.250

07/01/57

13,009,337

595,000

(a) Florida

Development

Finance

Corporation,

Student

Housing

Revenue

Bonds,

SPP

-

Tampa

I

-

LLC

The

Henry

Project,

Series

2024A-1

.250

06/01/54

547,033

1,500,000

(a) Florida

Development

Finance

Corporation,

Student

Housing

Revenue

Bonds,

SPP

-

Tampa

I

-

LLC

The

Henry

Project,

Series

2024B

.500

06/01/59

1,434,167

1,650,000

(a) Lake

County,

Florida,

Educational

Facilities

Revenue

Bonds,

Imagine

South

Lake

Charter

School

Project,

Series

2019A

.000

01/15/49

1,403,535

140,000

(a) Lake

Hideaway

Community

Development

District,

Hernando

County,

Florida,

Capital

Improvement

Revenue

Bonds,

Assessment

Area

One,

Series

2024

.900

05/01/54

132,781

515,000

Lee

County

Industrial

Development

Authority,

Florida,

Charter

School

Revenue

Bonds,

Lee

County

Community

Charter

Schools,

Series

2007A

.250

06/15/27

515,255

1,000,000

(a) Lee

County

Industrial

Development

Authority,

Florida,

Healthcare

Facilities

Revenue

Bonds,

Preserve

Project,

Series

2017A

.375

12/01/32

782,672

1,100,000

(a) Lee

County

Industrial

Development

Authority,

Florida,

Healthcare

Facilities

Revenue

Bonds,

Preserve

Project,

Series

2017A

.625

12/01/37

821,419

1,300,000

(a) Lee

County

Industrial

Development

Authority,

Florida,

Healthcare

Facilities

Revenue

Bonds,

Preserve

Project,

Series

2017A

.750

12/01/52

898,748

750,000

Leomas

Landing

Community

Development

District,

Florida,

Capital

Improvement

Revenue

Bonds,

Assessment

Area

2,

Series

2021

.000

05/01/52

568,826

690,000

LT

Ranch

Community

Development

District,

Sarasota

County,

Florida,

Capital

Improvement

Revenue

Bonds,

Series

2019

.000

05/01/40

619,188

975,000

(a) Mandarin

Grove

Community

Development

District,

Manatee

County,

Florida,

Special

Assessment

Revenue

Bonds,

2022

Project

Series

2022

.625

05/01/53

1,072,783

2,390,000

(a) Middleton

Community

Development

District

A,

Florida,

Special

Assessment

Revenue

Bonds,

Series

2022

.200

05/01/53

2,458,847

750,000

(a) North

of

Pasco

Community

Development

District,

Florida,

Capital

Improvement

Revenue

Bonds,

Assessment

Area

4,

Series

2024

.750

05/01/54

708,801

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

FLORIDA

(continued)

$

2,130,000

Osceola

County,

Florida,

Transportation

Revenue

Bonds,

Osceola

Parkway,

Refunding

&

Improvement

Capital

Appreciation

Series

2019A-2

.000

%

10/01/48

$

559,143

500,000

Osceola

County,

Florida,

Transportation

Revenue

Bonds,

Osceola

Parkway,

Refunding

&

Improvement

Capital

Appreciation

Series

2019A-2

.000

10/01/54

90,370

835,000

Palm

Coast

Park

Community

Development

District,

Florida,

Special

Assessment

Revenue

Bonds,

Series

2023

.400

05/01/43

818,241

100,000

Parker

Road

Community

Development

District,

Florida,

Capital

Improvement

Revenue

Bonds,

Refudning

Series

2020

.875

05/01/40

81,597

6,410,000

Seminole

County

Industrial

Development

Authority,

Florida,

Retirement

Facility

Revenue

Bonds,

Legacy

Pointe

At

UCF

Project,

Series

2019A

.750

11/15/54

5,695,366

1,485,000

Twin

Creeks

North

Community

Development

District,

Florida,

Special

Assessment

Bonds,

Master

Infrastructure

Improvements,

Series

2016A-1

.375

11/01/47

1,519,284

1,000,000

(a) Woodland

Crossing

Community

Development

District,

Sumter

County,

Florida,

Special

Assessment

Bonds,

Series

2025

.875

05/01/45

983,002

TOTAL

FLORIDA

81,545,408

GEORGIA

-

6.0%

(3.5%

of

Total

Investments)

3,920,000

Atlanta

Development

Authority,

Georgia,

Economic

Development

Certificates,

Gulch

Enterprise

Zone

Project,

Convertible

Capital

Appreciation

Series

2024A-1

Class

A

.500

12/15/48

3,333,029

500,000

(a) Atlanta

Development

Authority,

Georgia,

Revenue

Bonds,

Westside

Gulch

Area

Project,

Senior

Series

2024A-2

.500

04/01/39

499,356

1,250,000

(b) Atlanta

Development

Authority,

Georgia,

Senior

Health

Care

Facilities

Revenue

Bonds,

Georgia

Proton

Treatment

Center

Project,

Current

Interest

Series

2017A-1

.500

01/01/29

650,000

7,030,000

(b) Atlanta

Development

Authority,

Georgia,

Senior

Health

Care

Facilities

Revenue

Bonds,

Georgia

Proton

Treatment

Center

Project,

Current

Interest

Series

2017A-1

.750

01/01/35

3,655,600

18,430,000

(b) Atlanta

Development

Authority,

Georgia,

Senior

Health

Care

Facilities

Revenue

Bonds,

Georgia

Proton

Treatment

Center

Project,

Current

Interest

Series

2017A-1

.000

01/01/40

9,583,600

10,000,000

Main

Street

Natural

Gas

Inc.,

Georgia,

Gas

Supply

Revenue

Bonds,

Series

2019A

.000

05/15/43

9,890,740

2,500,000

Municipal

Electric

Authority

of

Georgia,

Plant

Vogtle

Units

&

Project

J

Bonds,

Series

2019A

.000

01/01/49

2,442,126

3,800,000

Urban

Residential

Finance

Authority,

Georgia,

Multifamily

Tax-

Exempt

Mortgage-Backed

Bonds,

Series

2024-A

.370

05/01/44

3,530,155

850,000

White

County

Development

Authority,

Georgia,

Revenue

Bonds

Truett

McConnell

University,

Series

2019

.125

10/01/39

731,064

TOTAL

GEORGIA

34,315,670

HAWAII

-

0.2%

(0.1%

of

Total

Investments)

1,150,000

(a) Hawaii

Department

of

Budget

and

Finance,

Special

Purpose

Revenue

Bonds,

Chaminade

University

of

Honolulu,

Series

2015A

.000

01/01/45

940,101

TOTAL

HAWAII

940,101

IDAHO

-

1.5%

(0.9%

of

Total

Investments)

9,655,000

(a) Idaho

Falls

Auditorium

District,

Idaho,

Certifications

of

Participation, Annual

Appropriation

Series

2021

.250

05/15/51

8,717,632

TOTAL

IDAHO

8,717,632

ILLINOIS

-

9.9%

(5.8%

of

Total

Investments)

2,750,000

Bolingbrook,

Illinois,

Special

Tax

Bonds,

Special

Service

Area

1,

Refunding

Series

2019

.250

03/01/41

2,714,496

4,605,000

Chicago

Board

of

Education,

Illinois,

General

Obligation

Bonds,

Dedicated

Revenues,

Series

2023A

.000

12/01/49

4,707,866

2,800,000

(d) Chicago,

Illinois,

General

Obligation

Bonds,

Refunding

Series

2016C,

(UB)

.000

01/01/38

2,769,010

5,000,000

(d) Chicago,

Illinois,

General

Obligation

Bonds,

Series

2019A,

(UB)

.500

01/01/49

4,829,115

10,850,000

Illinois

Finance

Authority,

Revenue

Bonds,

Admiral

at

the

Lake

Project,

Refunding

Series

2017

.250

05/15/54

7,646,933

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

ILLINOIS

(continued)

$

3,000,000

(a) Illinois

Finance

Authority,

Revenue

Bonds,

Roosevelt

University,

Series

2018B

.125

%

04/01/58

$

2,793,247

3,500,000

(a) Illinois

Finance

Authority,

Solid

Waste

Revenue

Bonds,

LRS

Holdings

LLC

Project,

Series

2023B,

(Mandatory

Put

9/01/33)

.375

09/01/42

3,814,630

4,840,000

Illinois

State,

General

Obligation

Bonds,

May

Series

2018A

.000

05/01/32

5,021,710

890,000

Illinois

State,

General

Obligation

Bonds,

May

Series

2020

.500

05/01/39

925,032

10,000,000

Metropolitan

Pier

and

Exposition

Authority,

Illinois,

McCormick

Place

Expansion

Project

Bonds,

Series

2012B

-

AGM

Insured

.000

12/15/50

2,559,928

2,980,000

Metropolitan

Pier

and

Exposition

Authority,

Illinois,

McCormick

Place

Expansion

Project

Bonds,

Series

2017A

.000

06/15/57

2,837,081

29,815,000

Metropolitan

Pier

and

Exposition

Authority,

Illinois,

McCormick

Place

Expansion

Project

Bonds,

Series

2017B

-

BAM

Insured

.000

12/15/54

6,071,568

12,500,000

Metropolitan

Pier

and

Exposition

Authority,

Illinois,

Revenue

Bonds,

McCormick

Place

Expansion

Project,

Capital

Appreciation

Refunding

Series

2010B-1

-

AGM

Insured

.000

06/15/44

4,676,806

4,545,000

Metropolitan

Pier

and

Exposition

Authority,

Illinois,

Revenue

Bonds,

McCormick

Place

Expansion

Project,

Capital

Appreciation

Refunding

Series

2010B-1

-

AGM

Insured

.000

06/15/45

1,605,052

425,000

Northern

Illinois

University,

Auxiliary

Facilities

System

Revenue

Bonds,

Series

2021

-

BAM

Insured

.000

10/01/39

392,101

800,000

Northern

Illinois

University,

Auxiliary

Facilities

System

Revenue

Bonds,

Series

2021

-

BAM

Insured

.000

10/01/40

726,063

700,000

Northern

Illinois

University,

Auxiliary

Facilities

System

Revenue

Bonds,

Series

2021

-

BAM

Insured

.000

10/01/41

626,442

150,000

Sales

Tax

Securitization

Corporation,

Illinois,

Sales

Tax

Securitzation

Bonds,

Second

Lien

Series

2020A

.000

01/01/38

141,867

120,000

Sales

Tax

Securitization

Corporation,

Illinois,

Sales

Tax

Securitzation

Bonds,

Second

Lien

Series

2020A

.000

01/01/39

111,263

1,000,000

(b) Yorkville

United

City

Business

District,

Illinois,

Storm

Water

and

Water

Improvement

Project

Revenue

Bonds,

Series

2007

.800

01/01/26

350,000

708,143

(b) Yorkville

United

City,

Kendall

County,

Illinois,

Sales

Tax

Revenue

Bonds,

Kendall

Marketplace

Project,

Series

2007

.000

01/01/26

708,143

575,000

Yorkville,

Illinois,

Special

Tax

Bonds,

Special

Service

Area

2006-

Cannoball

&

Beecher,

Series

2007

.750

03/01/28

575,133

TOTAL

ILLINOIS

56,603,486

INDIANA

-

1.2%

(0.7%

of

Total

Investments)

140,000

(a) Anderson,

Indiana,

Multifamily

Housing

Revenue

Bonds,

Sweet

Galilee

at

the

Wigwam

Project,

Series

2020A

.375

01/01/40

119,797

3,105,000

Indiana

Finance

Authority,

Educational

Facilities

Revenue

Bonds,

Earlham

College,

Refunding

Series

2013A

.000

10/01/32

3,061,279

500,000

Indiana

Finance

Authority,

Environmental

Improvement

Revenue

Bonds,

United

States

Steel

Corporation

Project,

Series

2020,

(AMT)

.750

05/01/39

550,049

1,005,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Revenue

Bonds,

Convention

Center

Hotel

Senior

Series

2023E

.000

03/01/53

1,025,433

1,000,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Revenue

Bonds,

Convention

Center

Hotel

Senior

Series

2023E

.125

03/01/57

1,026,222

1,000,000

Indianapolis

Local

Public

Improvement

Bond

Bank,

Indiana,

Revenue

Bonds,

Convention

Center

Hotel

Subordinate

Series

2023F-1

.750

03/01/67

1,080,441

TOTAL

INDIANA

6,863,221

IOWA

-

0.2%

(0.1%

of

Total

Investments)

1,100,000

(e) Iowa

Finance

Authority,

Iowa,

Midwestern

Disaster

Area

Revenue

Bonds,

Iowa

Fertilizer

Company

Project,

Refunding

Series

2022,

(Pre-refunded

12/01/32)

.000

12/01/50

1,242,288

TOTAL

IOWA

1,242,288

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

KANSAS

-

1.1%

(0.7%

of

Total

Investments)

$

865,000

Wyandotte

County-Kansas

City

Unified

Government,

Kansas,

Sales

Tax

Special

Obligation

Bonds,

Vacation

Village

Project

Area

and

2A,

Series

2015

.750

%

09/01/32

$

812,982

5,475,000

(a) Wyandotte

County-Kansas

City

Unified

Government,

Kansas,

Sales

Tax

Special

Obligation

Bonds,

Village

East

Project

Areas

2B

and

5,

Series

2022

.750

03/01/41

5,518,532

TOTAL

KANSAS

6,331,514

KENTUCKY

-

0.1%

(0.0%

of

Total

Investments)

500,000

Henderson,

Kentucky,

Facilities

Revenue

Bonds,

Pratt

Paper

LLC

Project,

Series

2022A,

(AMT)

.700

01/01/52

438,925

TOTAL

KENTUCKY

438,925

LOUISIANA

-

2.3%

(1.4%

of

Total

Investments)

895,000

(a) Louisiana

Local

Government

Environmental

Facilities

and

Community

Development

Authority,

Louisiana,

Revenue

Bonds,

Jefferson

Parish

GOMESA

Project,

Series

2019

.000

11/01/44

751,528

260,000

(a) Louisiana

Publc

Facilities

Authority,

Lousiana,

Revenue

Bonds,

Lake

Charles

College

Prep

Project,

Series

2019A

.000

06/01/58

218,542

1,800,000

(a) Louisiana

Publc

Facilities

Authority,

Lousiana,

Revenue

Bonds,

Young

Audiences

Charter

School,

Series

2019A

.000

04/01/49

1,475,226

2,000,000

(a) Louisiana

Publc

Facilities

Authority,

Lousiana,

Revenue

Bonds,

Young

Audiences

Charter

School,

Series

2019A

.000

04/01/57

1,600,645

1,185,000

Louisiana

Public

Facilities

Authority,

Louisiana,

Revenue

Bonds,

Loyola

University

of

New

Orleans

Project,

Refunding

Series

2023A

.250

10/01/48

1,125,934

2,500,000

Louisiana

Public

Facilities

Authority,

Louisiana,

Revenue

Bonds,

Loyola

University

of

New

Orleans

Project,

Refunding

Series

2023A

.250

10/01/53

2,329,586

235,000

(e) Louisiana

Public

Facilities

Authority,

Louisiana,

Revenue

Bonds,

Tulane

University,

Refunding

Series

2020A,

(Pre-refunded

4/01/30)

.000

04/01/50

246,190

15,000

Louisiana

Public

Facilities

Authority,

Louisiana,

Revenue

Bonds,

Tulane

University,

Refunding

Series

2020A

.000

04/01/50

12,421

2,000,000

Louisiana

Publics

Facilities

Authority,

Louisiana,

Revenue

Bonds,

Calcasieu

River

Bridge

Public-Private

Partnership

Project,

Senior

Lien

Series

2024,

(AMT)

.750

09/01/64

2,031,919

500,000

(a) Plaquemines

Port,

Louisiana,

Harbor

and

Terminal

District

Facilities

Revenue

Bonds

NOLA

Terminal

LLC

Project

Dock

and

Wharf

Series

2024A

.000

12/01/44

416,726

200,000

(a) Saint

James

Parish,

Louisiana,

Revenue

Bonds,

NuStar

Logistics,

L.P.

Project,

Series

2008,

(Mandatory

Put

6/01/30)

.100

06/01/38

213,154

1,235,000

(a) Saint

James

Parish,

Louisiana,

Revenue

Bonds,

NuStar

Logistics,

L.P.

Project,

Series

2010

.350

07/01/40

1,323,631

800,000

(a) Saint

James

Parish,

Louisiana,

Revenue

Bonds,

NuStar

Logistics,

L.P.

Project,

Series

2010A

.350

10/01/40

857,284

695,000

(a) Saint

James

Parish,

Louisiana,

Revenue

Bonds,

NuStar

Logistics,

L.P.

Project,

Series

2010B,

(Mandatory

Put

6/01/30)

.100

12/01/40

740,641

TOTAL

LOUISIANA

13,343,427

MARYLAND

-

1.0%

(0.6%

of

Total

Investments)

1,000,000

Baltimore,

Maryland,

Convention

Center

Hotel

Revenue

Bonds,

Refunding

Series

2017

.000

09/01/36

1,000,914

1,000,000

Baltimore,

Maryland,

Convention

Center

Hotel

Revenue

Bonds,

Refunding

Series

2017

.000

09/01/39

969,016

1,850,000

(a) Frederick

County,

Maryland,

Special

Tax

Limited

Obligation

Bonds,

Jefferson

Technology

Park

Project,

Refunding

Series

2020A

.000

07/01/43

1,764,522

2,000,000

(a) Prince

George's

County,

Maryland,

Special

Obligation

Bonds,

Westphalia

Town

Center

Project,

Series

2018

.250

07/01/48

1,969,770

TOTAL

MARYLAND

5,704,222

MASSACHUSETTS

-

0.6%

(0.3%

of

Total

Investments)

3,900,000

Massachusetts

Development

Finance

Agency

Revenue

Bonds,

Lawrence

General

Hospital

Issue,

Series

2017

.000

07/01/47

3,230,200

TOTAL

MASSACHUSETTS

3,230,200

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

MICHIGAN

-

0.9%

(0.5%

of

Total

Investments)

$

1,845,000

Advanced

Technology

Academy,

Michigan,

Public

School

Academy

Revenue

Bonds,

Refunding

Series

2019

.000

%

11/01/44

$

1,666,542

74,130,000

Michigan

Tobacco

Settlement

Finance

Authority,

Tobacco

Settlement

Asset-Backed

Revenue

Bonds,

Capital

Appreciation

Turbo

Term

Series

2008C

.000

06/01/58

1,943,859

1,810,000

(a) Warren

Academy,

Macomb

County,

Michigan,

Revenue

Bonds,

Public

School

Academy,

Refunding

Series

2020A

.500

05/01/50

1,557,264

TOTAL

MICHIGAN

5,167,665

MINNESOTA

-

1.5%

(0.9%

of

Total

Investments)

500,000

Bethel,

Minnesota

Charter

School

Lease

Revenue

Bonds,

Partnership

Academy

Project,

Series

2018A

.000

07/01/53

378,560

1,300,000

Brooklyn

Park,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Athlos

Leadership

Academy

Project,

Series

2015A

.750

07/01/46

1,084,328

2,440,000

Columbia

Heights,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Prodeo

Academy

Project,

Series

2019A

.000

07/01/54

1,973,115

1,210,000

(f) Coon

Rapids,

Minnesota

Charter

School

Lease

Revenue

Bonds

Athlos

Leadership

Academy

Brooklyn

Park,

Refunding

Series

2025

.500

06/15/65

1,170,325

130,000

(a) Minneapolis,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Friendship

Academy

of

the

Arts

Project,

Series

2019A

.250

12/01/52

89,465

30,000

Minneapolis,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Northeast

College

Prep

Project,

Series

2020A

.000

07/01/40

24,541

2,040,000

(a),(b)

Saint

Cloud,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Athlos

Academy,

Series

2022A

.875

06/01/57

1,479,000

1,000,000

Scanlon,

Minnesota,

Health

Care

Facilities

Revenue

Bonds,

Duluth

Health

Services

Project,

Refunding

Series

2020

.950

03/01/50

625,100

1,885,000

(a) Woodbury,

Minnesota,

Charter

School

Lease

Revenue

Bonds,

Math

and

Science

Academy,

Refunding

Series

2025

.500

06/01/55

1,696,664

TOTAL

MINNESOTA

8,521,098

MISSISSIPPI

-

0.4%

(0.2%

of

Total

Investments)

2,285,000

Mississippi

Hospital

Equipment

and

Facilities

Authority,

Revenue

Bonds,

Baptist

Memorial

Healthcare,

Series

2016A

.000

09/01/46

2,144,922

TOTAL

MISSISSIPPI

2,144,922

MISSOURI

-

1.0%

(0.6%

of

Total

Investments)

2,900,000

Kirkwood

Industrial

Development

Authority,

Missouri,

Retirement

Community

Revenue

Bonds,

Aberdeen

Heights

Project,

Refunding

Series

2017A

.250

05/15/42

2,610,338

1,750,000

Kirkwood

Industrial

Development

Authority,

Missouri,

Retirement

Community

Revenue

Bonds,

Aberdeen

Heights

Project,

Refunding

Series

2017A

.250

05/15/50

1,459,971

2,000,000

(a) Land

Clearance

for

Redevelopment

Authority

of

Kansas

City,

Missouri,

Project

Revenue

Bonds,

Convention

Center

Hotel

Project

-

TIF

Financing,

Series

2018B

.000

02/01/50

1,848,019

TOTAL

MISSOURI

5,918,328

NEVADA

-

0.7%

(0.4%

of

Total

Investments)

8,407,601

(a),(b)

Director

of

Nevada

State

Department

of

Business

&

Industry,

Environmental

Improvement

Revenue

Bonds,

Fulcrum

Sierra

BioFuels

LLC

Project,

Green

Series

2018,

(AMT)

.950

02/15/38

1,832,349

(a),(b)

Director

of

Nevada

State

Department

of

Business

&

Industry,

Environmental

Improvement

Revenue

Bonds,

Fulcrum

Sierra

BioFuels

LLC

Project,

Green

Series

2020

.750

02/15/38

1,289,739

(a),(b)

Director

of

Nevada

State

Department

of

Business

&

Industry,

Environmental

Improvement

Revenue

Bonds,

Fulcrum

Sierra

BioFuels

LLC

Project,

Series

2017,

(AMT)

.875

12/15/27

265,524

(a),(b)

Director

of

Nevada

State

Department

of

Business

&

Industry,

Environmental

Improvement

Revenue

Bonds,

Fulcrum

Sierra

BioFuels

LLC

Project,

Series

2017,

(AMT)

.250

12/15/37

2,515,914

(a),(b)

Director

of

Nevada

State

Department

of

Business

&

Industry,

Environmental

Improvement

Revenue

Bonds,

Fulcrum

Sierra

Holdings

LLC,

Green

Series

2019,

(AMT)

.750

02/15/38

1,000,000

(a) Director

of

Nevada

State

Department

of

Business

and

Industry,

Revenue

Bonds,

Brightline

West

Passenger

Rail

Project,

Series

2025A,

(AMT),

(Mandatory

Put

1/01/33)

.500

01/01/65

868,113

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NEVADA

(continued)

$

19,500,000

(a) Reno,

Nevada,

Subordinate

Lien

Sales

Tax

Revenue

Refunding

Capital

Appreciation

Bonds,

ReTrac-Reno

Transporation

Rail

Access

Corridor

Project,

Series

2018C

.000

%

07/01/58

$

2,884,863

TOTAL

NEVADA

3,753,120

NEW

JERSEY

-

3.3%

(1.9%

of

Total

Investments)

4,000,000

(a) New

Jersey

Economic

Development

Authority

Revenue

Bonds,

Black

Horse

EHT

Urban

Renewal

LLC

Project,

Series

2019A

.000

10/01/39

3,069,308

1,500,000

New

Jersey

Economic

Development

Authority,

Fixed

Rate

Revenue

Bonds,

Lions

Gate

Project,

Series

2014

.000

01/01/34

1,481,013

5,382,155

(a) New

Jersey

Economic

Development

Authority,

Revenue

Bonds,

White

Horse

HMT

Urban

Renewal

LLC

Project,

Series

2020

.000

01/01/40

3,725,766

760,000

New

Jersey

Economic

Development

Authority,

Special

Facilities

Revenue

Bonds,

Continental

Airlines

Inc.,

Refunding

Series

2012,

(AMT)

.750

09/15/27

761,557

1,565,000

New

Jersey

Economic

Development

Authority,

Special

Facility

Revenue

Bonds,

Port

Newark

Container

Terminal

LLC

Project,

Refunding

Series

2017,

(AMT)

.000

10/01/47

1,470,513

15,000,000

New

Jersey

Transportation

Trust

Fund

Authority,

Transportation

System

Bonds,

Series

2009A

.000

12/15/39

7,619,877

500,000

South

Jersey

Port

Corporation,

New

Jersey,

Marine

Terminal

Revenue

Bonds,

Subordinate

Series

2017B,

(AMT)

.000

01/01/42

497,173

TOTAL

NEW

JERSEY

18,625,207

NEW

MEXICO

-

0.1%

(0.1%

of

Total

Investments)

816,000

(a) Winrock

Town

Center

Tax

Increment

Development

District

1,

Albuquerque,

New

Mexico,

Gross

Receipts

Tax

Increment

Bonds,

Subordinate

Lien

Series

2020

.000

05/01/40

799,099

TOTAL

NEW

MEXICO

799,099

NEW

YORK

-

18.0%

(10.5%

of

Total

Investments)

250,000

Babylon

Local

Development

Corporation

II,

New

York,

Education

Revenue

Bonds,

The

Academy

Charter

School

Project,

Series

2023A

.750

02/01/33

254,118

950,000

(b) Build

New

York

City

Resource

Corporation,

New

York,

Revenue

Bonds,

Metropolitan

College

of

New

York,

Series

2014

.250

11/01/34

570,000

2,910,000

(a) Build

NYC

Resource

Corporation,

New

York,

Revenue

Bonds,

Family

Life

Academy

Charter

School,

Series

2020A-1

.500

06/01/55

2,444,677

1,590,000

(a) Build

NYC

Resource

Corporation,

New

York,

Revenue

Bonds,

Family

Life

Academy

Charter

School,

Series

2020C-1

.000

06/01/55

1,235,927

1,220,000

(a) Dormitory

Authority

of

the

State

of

New

York,

General

Revenue

Bonds,

American

Musical

and

Dramatic

Academy

Inc.,

Series

2023A

.250

07/01/53

1,220,656

36,150,000

(a) Erie

County

Tobacco

Asset

Securitization

Corporation,

New

York,

Tobacco

Settlement

Asset-Backed

Bonds,

Series

2006A

.000

06/01/60

1,337,651

4,760,000

Glen

Cove

Local

Economic

Assistance

Corporation,

New

York,

Revenue

Bonds,

Garvies

Point

Public

Improvement

Project,

Capital

Appreciation

Series

2016B

.000

01/01/45

1,236,868

18,500,000

Glen

Cove

Local

Economic

Assistance

Corporation,

New

York,

Revenue

Bonds,

Garvies

Point

Public

Improvement

Project,

Capital

Appreciation

Series

2016C

.625

01/01/55

15,797,119

650,000

Hempstead

Town

Local

Development

Corporation,

New

York,

Education

Revenue

Bonds,

The

Academy

Charter

School

Project,

Series

2020A

.730

02/01/50

557,816

1,570,000

Metropolitan

Transportation

Authority,

New

York,

Transportation

Revenue

Bonds,

Green

Climate

Bond

Certified

Series

2020C-1

.250

11/15/55

1,570,303

380,000

(a) Monroe

County

Industrial

Development

Corporation,

New

York,

Revenue

Bonds,

Academy

of

Health

Sciences

Charter

School

Project,

Social

Impact

Series

2022

.875

07/01/52

361,170

625,000

New

York

Counties

Tobacco

Trust

VI,

New

York,

Tobacco

Settlement

Pass-Through

Bonds,

Turbo

Term

Series

2016A.

Including

2016A-1,

2016A-2A

and

2016A-2B

.000

06/01/45

533,056

5,000,000

(a) New

York

Liberty

Development

Corporation,

New

York,

Liberty

Revenue

Bonds,

World

Trade

Center

Project,

Class

Series

2014

.000

11/15/44

4,793,423

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

NEW

YORK

(continued)

$

1,740,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facilities

Bonds,

LaGuardia

Airport

Terminal

B

Redevelopment

Project,

Series

2016A,

(AMT)

.250

%

01/01/50

$

1,681,121

8,000,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facilities

Revenue

Bonds,

Terminal

John

F

Kennedy

International

Airport

Redevelopment

Project,

Senior

Green

Series

2024A,

(AMT)

.500

12/31/60

7,741,379

3,000,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

American

Airlines,

Inc.

John

F

Kennedy

International

Airport

Project,

Refunding

Series

2016,

(AMT)

.000

08/01/31

2,999,832

875,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

American

Airlines,

Inc.

John

F

Kennedy

International

Airport

Project,

Series

2020,

(AMT)

.375

08/01/36

891,294

5,000,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

John

F

Kennedy

International

Airport

New

Terminal

Project,

Green

Series

2024

-

AGM

Insured,

(AMT)

.000

06/30/49

4,764,897

4,500,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

John

F

Kennedy

International

Airport

New

Terminal

Project,

Green

Series

2024,

(AMT)

.500

06/30/54

4,346,952

12,235,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

John

F

Kennedy

International

Airport

New

Terminal

Project,

Green

Series

2024

-

AGM

Insured,

(AMT),

(UB)

.250

06/30/60

13,952,255

310,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

John

F

Kennedy

International

Airport

New

Terminal

Project,

Green

Series

2024,

(AMT)

.500

06/30/60

300,935

3,710,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

John

F

Kennedy

International

Airport

Terminal

One

Project,

Green

Series

2025,

(AMT)

.000

06/30/59

3,804,070

1,190,000

New

York

Transportation

Development

Corporation,

New

York,

Special

Facility

Revenue

Bonds,

New

Terminal

John

F

Kennedy

International

Airport

Project,

Green

Series

2023,

(AMT)

.375

06/30/60

1,132,758

4,900,000

New

York

Transportation

Development

Corporation,

Special

Facility

Revenue

Bonds,

Delta

Air

Lines,

Inc.

-

LaGuardia

Airport

Terminals

C&D

Redevelopment

Project,

Series

2023,

(AMT)

.625

04/01/40

5,028,033

10,000,000

Suffolk

Tobacco

Asset

Securitization

Corporation,

New

York,

Tobacco

Settlement

Asset-Backed

Bonds,

Series

2021B-2

.000

06/01/66

826,436

2,950,000

Syracuse

Industrial

Development

Authority,

New

York,

PILOT

Revenue

Bonds,

Carousel

Center

Project,

Refunding

Series

2016A,

(AMT)

.000

01/01/32

2,253,815

4,000,000

Syracuse

Industrial

Development

Authority,

New

York,

PILOT

Revenue

Bonds,

Carousel

Center

Project,

Refunding

Series

2016A,

(AMT)

.000

01/01/33

3,028,536

3,320,000

Syracuse

Industrial

Development

Authority,

New

York,

PILOT

Revenue

Bonds,

Carousel

Center

Project,

Refunding

Series

2016A,

(AMT)

.000

01/01/35

2,479,870

2,775,000

Syracuse

Industrial

Development

Authority,

New

York,

PILOT

Revenue

Bonds,

Carousel

Center

Project,

Refunding

Series

2016A,

(AMT)

.000

01/01/36

2,061,986

15,700,000

TSASC

Inc.,

New

York,

Tobacco

Asset-Backed

Bonds,

Series

2006

.000

06/01/48

13,362,738

TOTAL

NEW

YORK

102,569,691

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

OHIO

-

7.8%

(4.6%

of

Total

Investments)

$

19,235,000

Buckeye

Tobacco

Settlement

Financing

Authority,

Ohio,

Tobacco

Settlement

Asset-Backed

Revenue

Bonds,

Refunding

Senior

Lien

Capital

Appreciation

Series

2020B-3

Class

.000

%

06/01/57

$

1,687,202

195,000

Buckeye

Tobacco

Settlement

Financing

Authority,

Ohio,

Tobacco

Settlement

Asset-Backed

Revenue

Bonds,

Refunding

Senior

Lien

Series

2020A-2

Class

.000

06/01/48

130,490

1,915,000

Buckeye

Tobacco

Settlement

Financing

Authority,

Ohio,

Tobacco

Settlement

Asset-Backed

Revenue

Bonds,

Refunding

Senior

Lien

Series

2020A-2

Class

.000

06/01/48

1,548,198

7,500,000

Buckeye

Tobacco

Settlement

Financing

Authority,

Ohio,

Tobacco

Settlement

Asset-Backed

Revenue

Bonds,

Refunding

Senior

Lien

Series

2020B-2

Class

.000

06/01/55

6,100,735

2,610,000

Cleveland,

Ohio,

Airport

Special

Revenue

Bonds,

Continental

Airlines

Inc.

Project,

Series

1998,

(AMT)

.375

09/15/27

2,611,535

1,275,000

County

of

Lucas,

Ohio,

Hospital

Revenue

Bonds,

ProMedica

Healthcare

Obligated

Group,

Series

2018A

.250

11/15/48

1,200,259

2,865,000

Cuyahoga

County,

Ohio,

Hospital

Revenue

Bonds,

MetroHealth

System,

Series

2017

.500

02/15/57

2,684,875

140,000

Evans

Farm

New

Communty

Authority,

Ohio,

Community

Development

Charge

Revenue

Bonds,

Evans

Farm

Mixed-Use

Project,

Series

2020

.000

12/01/46

105,595

500,000

Greater

Cincinnati

Port

Development

Authority,

Ohio,

Tax

Increment

Revenue

Bonds,

RBM

Phase

Garage

Project

Series

2024

.125

12/01/55

455,121

850,000

(a) Hilliard

Hickory

Chase

Community

Authority,

Ohio,

Infustructure

Improvement

Revenue

Bonds,

Hickory

Chase

Project,

Senior

Series

2019A

.000

12/01/40

820,924

2,000,000

Muskingum

County,

Ohio,

Hospital

Facilities

Revenue

Bonds,

Genesis

HealthCare

System

Obligated

Group

Project,

Series

2013

.000

02/15/44

1,835,032

3,000,000

Muskingum

County,

Ohio,

Hospital

Facilities

Revenue

Bonds,

Genesis

HealthCare

System

Obligated

Group

Project,

Series

2013

.000

02/15/48

2,687,218

7,450,000

(a) Ohio

Air

Quality

Development

Authority,

Ohio,

Exempt

Facilities

Revenue

Bonds,

AMG

Vanadium

Project,

Series

2019,

(AMT)

.000

07/01/49

6,310,186

16,050,000

Ohio

Air

Quality

Development

Authority,

Ohio,

Pollution

Control

Revenue

Bonds,

FirstEnergy

Nuclear

Generation

Project,

Refunding

Series

2009A,

(Mandatory

Put

6/01/22)

.750

06/01/33

16,437,768

TOTAL

OHIO

44,615,138

OKLAHOMA

-

1.6%

(0.9%

of

Total

Investments)

975,000

Oklahoma

Development

Finance

Authority,

Health

System

Revenue

Bonds,

OU

Medicine

Project,

Series

2018B

.000

08/15/38

979,415

4,915,000

Oklahoma

Development

Finance

Authority,

Health

System

Revenue

Bonds,

OU

Medicine

Project,

Series

2018B

.500

08/15/57

4,631,065

1,000,000

Tulsa

County

Industrial

Authority,

Oklahoma,

Senior

Living

Community

Revenue

Bonds,

Montereau,

Inc

Project,

Refunding

Series

2017

.250

11/15/45

950,372

2,475,000

Tulsa

Municipal

Airport

Trust,

Oklahoma,

Revenue

Bonds,

American

Airlines

Inc.,

Refunding

Series

2000B,

(AMT)

.500

06/01/35

2,474,748

TOTAL

OKLAHOMA

9,035,600

OREGON

-

0.6%

(0.3%

of

Total

Investments)

1,355,000

(a) Oregon

Facilities

Authority

Charter

School

Revenue

Bonds,

Oregon,

Portland

Village

School

Project,

Series

2024

.750

12/15/54

1,225,148

2,000,000

(a) Oregon

Facilities

Authority

Charter

School

Revenue

Bonds,

Oregon,

Portland

Village

School

Project,

Series

2024

.000

12/15/60

1,836,466

100,000

(a) Oregon

Facilities

Authority,

Revenue

Bonds,

Metro

East

Web

Academy

Project,

Series

2019A

.000

06/15/49

84,504

TOTAL

OREGON

3,146,118

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

PENNSYLVANIA

-

3.5%

(2.0%

of

Total

Investments)

$

1,125,000

Allegheny

Country

Industrial

Development

Authority,

Pennsylvania,

Environmental

Improvement

Revenue

Bonds,

United

States

Steel

Corporation

Project,

Series

2012,

(AMT)

.750

%

08/01/42

$

1,124,973

315,000

(a) Allentown

Neighborhood

Improvement

Zone

Development

Authority,

Pennsylvania,

Tax

Revenue

Bonds,

615

Waterfront

Project,

Senior

Series

2021

.000

05/01/42

322,013

2,565,000

Berks

County

Municipal

Authority,

Pennsylvania,

Revenue

Bonds, Alvernia

University

Project,

Series

2020

.000

10/01/49

2,052,786

162,000

Berks

County

Municipal

Authority,

Pennsylvania,

Revenue

Bonds,

Tower

Health

Project,

Series

2024A-2

.000

06/30/34

169,293

4,670,000

Berks

County

Municipal

Authority,

Pennsylvania,

Revenue

Bonds,

Tower

Health

Project,

Series

2024A-3

.000

06/30/39

4,233,349

1,084,000

(c) Berks

County

Municipal

Authority,

Pennsylvania,

Revenue

Bonds,

Tower

Health

Project,

Series

2024B-1

.000

06/30/44

782,216

4,430,000

Butler

County

Hospital

Authority,

Pennsylvania,

Hospital

Revenue

Bonds,

Butler

Health

System

Project,

Series

2015A

.000

07/01/39

3,971,743

1,000,000

Chester

County

Health

and

Education

Facilities

Authority,

Pennsylvania,

Revenue

Bonds,

Simpson

Senior

Services

Project,

Series

2015A

.000

12/01/30

930,863

2,350,000

Dallas

Area

Municipal

Authority,

Pennsylvania,

Revenue

Bonds,

Misericordia

University,

Series

2014

.000

05/01/37

2,231,232

3,555,000

(a) Dauphin

County

General

Authority,

Pennsylvania,

Revenue

Bonds,

Harrisburg

University

of

Science

&

Technology

Project,

Series

2020

.250

10/15/53

2,573,693

1,720,000

(a),(b),(g)

Pennsylvania

Economic

Development

Financing

Authority,

Exempt

Facilities

Revenue

Bonds,

KDC

Agribusiness

Fairless

Hills

LLC

Project,

Series

2020A-1

.000

12/01/40

1,720,000

(a),(b),(g)

Pennsylvania

Economic

Development

Financing

Authority,

Exempt

Facilities

Revenue

Bonds,

KDC

Agribusiness

Fairless

Hills

LLC

Project,

Series

2020A-2,

(AMT)

.000

12/01/40

1,260,000

(b),(g)

Pennsylvania

Economic

Development

Financing

Authority,

Exempt

Facilities

Revenue

Bonds,

KDC

Agribusiness

Fairless

Hills

LLC

Project,

Series

2021A

.000

12/01/31

1,000,000

Pennsylvania

Economic

Development

Financing

Authority,

Pennsylvania,

Private

Activity

Revenue

Bonds,

The

PennDOT

Major

Bridges

Package

One

Project,

Series

2022,

(AMT)

.000

06/30/61

1,024,951

545,000

(a) Philadelphia

Authority

for

Industrial

Development,

Pennsylvania,

Revenue

Bonds,

Mariana

Bracetti

Academy

Project,

Series

2020A

.375

06/15/50

483,881

TOTAL

PENNSYLVANIA

19,901,463

PUERTO

RICO

-

7.9%

(4.6%

of

Total

Investments)

130,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2007TT

.000

01/01/26

56,780

4,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010AAA

.250

07/01/28

1,696

1,120,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010AAA

.250

07/01/28

474,733

3,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010AAA

.250

07/01/29

1,262

465,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010AAA

.250

07/01/29

195,544

1,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010AAA

.250

07/01/31

345,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010AAA

.250

07/01/31

145,081

500,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010CCC

.250

07/01/28

208,513

100,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010XX

.250

07/01/27

41,769

400,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2010ZZ

.250

07/01/26

165,810

1,000,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2013A

.050

01/01/26

419,710

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

PUERTO

RICO

(continued)

$

1,000,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2013A

.000

%

01/01/26

$

350,762

2,070,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

2013A

.000

07/01/29

878,612

3,000

(b) Puerto

Rico

Electric

Power

Authority,

Power

Revenue

Bonds,

Series

WW

.375

01/01/26

1,249

3,750,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2007TT

.000

07/01/26

1,576,429

310,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2007TT

.000

07/01/32

133,570

1,860,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2007TT

.000

07/01/37

799,745

190,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2008WW

.375

01/01/26

79,122

370,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2008WW

.375

01/01/26

154,079

25,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2008WW

.250

07/01/33

10,426

2,995,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2010CCC

.000

07/01/28

1,259,041

4,000,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2010XX

.250

07/01/35

1,668,100

5,000,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2013A

.000

07/01/33

1,967,667

10,000,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2013A

.750

07/01/36

3,968,893

3,170,000

(b) Puerto

Rico

Electric

Power

Authority,

Revenue

Bonds,

Series

2013A

.000

07/01/42

1,370,219

26,502,046

Puerto

Rico

Sales

Tax

Financing

Corporation,

Sales

Tax

Revenue

Bonds,

Restructured

2018A-1

.000

07/01/46

8,247,174

7,550,338

Puerto

Rico

Sales

Tax

Financing

Corporation,

Sales

Tax

Revenue

Bonds,

Restructured

2018A-1

.000

07/01/51

1,739,586

3,829,000

Puerto

Rico

Sales

Tax

Financing

Corporation,

Sales

Tax

Revenue

Bonds,

Restructured

2018A-1

.000

07/01/58

3,504,747

Puerto

Rico,

General

Obligation

Bonds,

Restructured

Series

2022A-1

.625

07/01/27

239,593

Puerto

Rico,

General

Obligation

Bonds,

Restructured

Series

2022A-1

.750

07/01/31

260,246

18,533,027

Puerto

Rico,

General

Obligation

Bonds,

Restructured

Series

2022A-1

.000

07/01/33

12,865,450

Puerto

Rico,

General

Obligation

Bonds,

Restructured

Series

2022A-1

.000

07/01/37

182,567

Puerto

Rico,

General

Obligation

Bonds,

Restructured

Series

2022A-1

.000

07/01/41

159,244

11,639

Puerto

Rico,

General

Obligation

Bonds,

Restructured

Series

2022A-1

.000

07/01/46

9,714

3,908,084

Puerto

Rico,

General

Obligation

Bonds,

Vintage

CW

NT

Claims

Taxable

Series

2022

.000

11/01/43

2,432,782

TOTAL

PUERTO

RICO

45,148,535

SOUTH

CAROLINA

-

0.3%

(0.2%

of

Total

Investments)

600,000

(a) South

Carolina

Jobs-Economic

Development

Authority,

Economic

Development

Revenue

Bonds,

Hilton

Head

Christian

Academy,

Series

2020

.000

01/01/55

473,027

1,450,000

(a) South

Carolina

Jobs-Economic

Development

Authority,

Economic

Development

Revenue

Bonds,

Palmetto

Scholars

Academy

Project,

Series

2015A

.125

08/15/35

1,368,364

TOTAL

SOUTH

CAROLINA

1,841,391

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TENNESSEE

-

1.4%

(0.8%

of

Total

Investments)

$

1,000,000

(a) Bristol

Industrial

Development

Board,

Tennessee,

State

Sales

Tax

Revenue

Bonds,

Pinnacle

Project,

Capital

Appreciation

Series

2016B

.000

%

12/01/31

$

702,652

5,000,000

(a) Bristol

Industrial

Development

Board,

Tennessee,

State

Sales

Tax

Revenue

Bonds,

Pinnacle

Project,

Series

2016A

.125

12/01/42

4,633,693

1,000,000

(b) Memphis/Shelby

County

Economic

Development

Growth

Engine

Industrial

Development

Board,

Tennessee,

Tax

Increment

Revenue

Bonds,

Graceland

Project,

Senior

Series

2017A

.625

01/01/46

665,849

2,000,000

The

Tennessee

Energy

Acquisition

Corporation,

Gas

Revenue

Bonds,

Series

2006B

.625

09/01/26

2,037,398

TOTAL

TENNESSEE

8,039,592

TEXAS

-

6.7%

(3.9%

of

Total

Investments)

3,000,000

(a) Arlington

Higher

Education

Finance

Corporation,

Texas,

Education

Revenue

Bonds,

Legacy

Traditional

Schools

-

Texas

Project,

Series

2022A

.375

02/15/52

2,777,576

500,000

Austin

Convention

Enterprises

Inc.,

Texas,

Convention

Center

Hotel

Revenue

Bonds,

Refunding

First

Tier

Series

2017A

.000

01/01/31

504,057

500,000

Austin

Convention

Enterprises

Inc.,

Texas,

Convention

Center

Hotel

Revenue

Bonds,

Refunding

First

Tier

Series

2017A

.000

01/01/32

503,045

475,000

Austin

Convention

Enterprises

Inc.,

Texas,

Convention

Center

Hotel

Revenue

Bonds,

Refunding

Second

Tier

Series

2017B

.000

01/01/29

479,015

850,000

Austin

Convention

Enterprises

Inc.,

Texas,

Convention

Center

Hotel

Revenue

Bonds,

Refunding

Second

Tier

Series

2017B

.000

01/01/34

848,412

2,065,000

Conroe

Local

Government

Corporation,

Texas,

Hotel

Revenue

Bonds,

Conroe

Convention

Center

Hotel,

Second-Lien

Series

2021B

.000

10/01/50

1,505,330

1,350,000

(a) Fate,

Rockwall

County,

Texas,

Special

Assessment

Revenue

Bonds,

Monterra

Public

Improvement

District

Improvement

Area

2,

Series

2024

.750

08/15/54

1,287,337

1,000,000

(a) Lowry

Crossing,

Collin

County,

Texas,

Special

Assessment

Revenue

Bond,

Simpson

Road

Public

Improvement

District

Projects,

Series

2025

.750

09/15/45

995,875

520,000

(a) New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Education

Revenue

Bonds,

Beta

Academy,

Series

2019A

.000

08/15/49

449,962

70,000

(b) New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Retirement

Facility

Revenue

Bonds,

Buckingham

Senior

Living

Community,

Inc.

Project,

Series

2021A-1

.500

11/15/37

54,812

445,000

(b) New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Retirement

Facility

Revenue

Bonds,

Buckingham

Senior

Living

Community,

Inc.

Project,

Series

2021A-2

.500

11/15/36

363,758

4,210,046

(b) New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Retirement

Facility

Revenue

Bonds,

Buckingham

Senior

Living

Community,

Inc.

Project,

Series

2021B

.625

11/15/61

1,066,841

12,525,000

New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Senior

Living

Revenue

Bonds,

Sanctuary

LTC

LLC

Project,

Series

2021A-1

.500

01/01/57

11,155,043

125,000

(e) New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Student

Housing

Revenue

Bonds,

CHF-Collegiate

Housing

Corpus

Christi

II,

L.L.C.-Texas

A&M

University-Corpus

Christi

Project,

Series

2016A,

(Pre-refunded

4/01/26)

.000

04/01/48

126,690

5,000,000

(b) New

Hope

Cultural

Education

Facilities

Finance

Corporation,

Texas,

Student

Housing

Revenue

Bonds,

NCCD

-

College

Station

Properties

LLC

-

Texas

A&M

University

Project, Series

2015A

.000

07/01/35

4,864,301

110,000

(a) North

Richland

Hills,

Texas,

Special

Assessment

Revenue

Bonds,

City

Point

Public

Improvement

District

Zone

B

Project,

Series

2019

.375

09/01/50

103,518

1,000,000

(a) Port

Beaumont

Navigation

District,

Jefferson

County,

Texas,

Dock

and

Wharf

Facility

Revenue

Bonds,

Jefferson

Gulf

Coast

Energy

Project,

Series

2024A,

(AMT)

.250

01/01/54

881,557

2,000,000

(a) Rockdale,

Milam

County,

Texas,

Special

Assessment

Revenue

Bonds,

Cornerstone

Public

Improvement

District

Improvement

Area

1,

Series

2023

.500

09/15/54

2,018,642

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

TEXAS

(continued)

$

1,000,000

(b) Tarrant

County

Cultural

Education

Facilities

Finance

Corporaton,

Texas,

Retirement

Facility

Revenue

Bonds,

C.C.

Young

Memorial

Home

Project,

Series

2016A

.750

%

02/15/41

$

650,000

4,575,000

(b) Tarrant

County

Cultural

Education

Facilities

Finance

Corporaton,

Texas,

Retirement

Facility

Revenue

Bonds,

C.C.

Young

Memorial

Home

Project,

Series

2016A

.750

02/15/48

2,973,750

5,000,000

Texas

Private

Activity

Bond

Surface

Transporation

Corporation,

Senior

Lien

Revenue

Bonds,

NTE

Mobility

Partners

Segments

LLC

Segments

3C

Project,

Series

2019,

(AMT)

.000

06/30/58

4,569,580

TOTAL

TEXAS

38,179,101

UTAH

-

4.0%

(2.3%

of

Total

Investments)

6,000,000

(a) Black

Desert

Public

Infrastructure

District,

Washington

County,

Utah,

Special

Assessment

Bonds,

Black

Desert

Assessment

Area

1,

Series

2024

.625

12/01/53

5,834,478

2,880,000

(a) Nordic

Village

Public

Infrastructure

District

1,

Weber

County,

Utah,

Limited

Tax

General

Obligation

and

Special

Revenue

Bonds,

Series

2025

.500

03/01/55

2,867,844

13,925,000

(d) Salt

Lake

City,

Utah,

Airport

Revenue

Bonds,

International

Airport

Series

2017A,

(AMT),

(UB)

.000

07/01/42

13,840,222

TOTAL

UTAH

22,542,544

VIRGIN

ISLANDS

-

2.4%

(1.4%

of

Total

Investments)

630,000

Virgin

Islands

Public

Finance

Authority,

Gross

Receipts

Taxes

Loan

Note,

Refunding

Series

2012A

.000

10/01/32

628,944

9,650,000

(a) Virgin

Islands

Public

Finance

Authority,

Gross

Receipts

Taxes

Loan

Note,

Refunding

Series

2014C

.000

10/01/30

9,651,219

500,000

(a) Virgin

Islands

Public

Finance

Authority,

Revenue

Bonds,

Frenchman's

Reef

Hotel

Development

Hotel

Occupancy

Series

2024A

.000

04/01/53

488,317

1,590,000

(a) Virgin

Islands

Water

and

Power

Authority,

Electric

System

Revenue

Bonds,

Bond

Anticipation

Notes,

Senior

Series

2021A

.750

07/01/26

1,572,693

1,400,000

(a) West

Indian

Company

Limited,

Virgin

Islands,

Port

Facilities

Revenue

Bonds

WICO

Financing

Series

2022A

.375

04/01/52

1,299,554

TOTAL

VIRGIN

ISLANDS

13,640,727

VIRGINIA

-

2.5%

(1.5%

of

Total

Investments)

440,000

James

City

County

Economic

Development

Authority,

Virginia,

Residential

Care

Facility

Revenue

Bonds,

Williamsburg

Landing

Inc.,

Series

2024A

.750

12/01/53

458,876

4,880,000

Roanoke

County

Economic

Development

Authority,

Virginia, Residential

Care

Facility

Revenue

Bonds,

Refunding

Friendship

Richfield

Living

LLC

Series

2024,

(Mandatory

Put

9/01/35)

.500

09/01/58

4,771,175

1,000,000

Virginia

Beach

Development

Authority,

Virginia,

Residential

Care

Facility

Revenue

Bonds,

Westminster

Canterbury

on

Chesapeake

Bay,

Series

2023A

.000

09/01/53

1,083,719

657,954

(a) Virginia

Small

Business

Finance

Authority,

Educational

Facilities

Revenue

Bonds,

Provident

Resource

Group

-

Rixey

Student

Housing

Project,

Series

2019B,

(cash

7.500%,

PIK

7.500%)

.500

07/01/52

394,773

8,290,000

(d) Virginia

Small

Business

Financing

Authority,

Private

Activity

Revenue

Bonds,

Transform

P3

Project,

Senior

Lien

Series

2017,

(AMT),

(UB)

.000

12/31/56

7,669,063

TOTAL

VIRGINIA

14,377,606

WASHINGTON

-

0.1%

(0.1%

of

Total

Investments)

1,000,000

(a) Washington

State

Housing

Finance

Commission,

Nonprofit

Housing

Revenue

Bonds,

Rockwood

Retirement

Communities

Project,

Series

2020A

.000

01/01/51

840,836

TOTAL

WASHINGTON

840,836

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

WEST

VIRGINIA

-

0.7%

(0.4%

of

Total

Investments)

$

500,000

.Ohio

County

Commission,

West

Virginia,

Tax

Increment

Revenue

Bonds,

The

Highlands

Project,

Refunding

&

Improvement

Series

2024

.250

%

06/01/53

$

470,707

625,000

(a) Monongalia

County

Commission,

West

Virginia,

Special

District

Excise

Tax

Revenue

Bonds,

University

Town

Centre

Economic

Opportunity

Development

District,

Refunding

&

Improvement

Series

2017A

.750

06/01/43

627,667

2,580,000

(a) Monongalia

County

Commission,

West

Virginia,

Special

District

Excise

Tax

Revenue

Bonds,

University

Town

Centre

Economic

Opportunity

Development

District,

Subordinate

Improvement

and

Refunding

Series

2023B

.000

06/01/53

527,978

2,195,000

(a) Monongalia

County,

West

Virginia,

Tax

Increment

Revenue

Bonds,

University

Town

Centre

Development

District

4,

Senior

Refunding

and

Improvement

Series

2023A

.000

06/01/53

2,248,678

TOTAL

WEST

VIRGINIA

3,875,030

WISCONSIN

-

17.8%

(10.3%

of

Total

Investments)

10,000,000

(d) Ashwaubenon

Community

Development

Authority,

Wisconsin,

Lease

Revenue

Bonds,

Brown

County

Expo

Center

Project,

Series

2019

.000

06/01/54

2,085,014

750,000

(a) Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

21st

Century

Public

Academy

Project,

Series

2020A

.000

06/01/40

654,785

1,340,000

(a) Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

21st

Century

Public

Academy

Project,

Series

2020A

.000

06/01/49

1,068,229

365,000

(a) Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

Corvian

Community

School

Bonds,

North

Carolina,

Series

2019A

.000

06/15/49

292,359

4,420,000

(a) Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

Freedom

Classical

Academy

Inc.,

Series

2020A

.000

01/01/42

3,913,295

1,000,000

(a),(e)

Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

North

Carolina

Charter

Educational

Foundation

Project,

Series

2016A,

(Pre-refunded

6/15/26)

.000

06/15/36

1,020,424

2,000,000

(a) Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

North

Carolina

Charter

Educational

Foundation

Project,

Series

2016A

.000

06/15/36

1,780,008

1,425,000

(a),(e)

Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

North

Carolina

Charter

Educational

Foundation

Project,

Series

2016A,

(Pre-refunded

6/15/26)

.000

06/15/46

1,454,104

2,815,000

(a) Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

North

Carolina

Charter

Educational

Foundation

Project,

Series

2016A

.000

06/15/46

2,139,428

3,315,000

(a) Public

Finance

Authority

of

Wisconsin,

Charter

School

Revenue

Bonds,

Uwharrie

Charter

Academy,

North

Carolina,

Series

2022A

.000

06/15/52

2,932,533

1,250,000

(a) Public

Finance

Authority

of

Wisconsin,

Contract

Revenue

Bonds,

Mercer

Crossing

Public

Improvement

District

Project,

Series

2017

.000

03/01/47

1,267,401

500,000

(a) Public

Finance

Authority

of

Wisconsin,

Education

Revenue

Bonds,

Corvian

Community

School,

North

Carolina

Series

2023A

.250

06/15/48

479,226

2,000,000

(a),(b)

Public

Finance

Authority

of

Wisconsin,

Educational

Facilities

Revenue

Bonds,

Lake

Erie

College,

Series

2019A

.875

10/01/54

1,237,352

14,695,000

(a),(b)

Public

Finance

Authority

of

Wisconsin,

Limited

Obligation

Grant

Revenue

Bonds,

American

Dream

@

Meadowlands

Project,

Series

2017A

.250

08/01/27

14,217,412

1,375,000

(a),(b)

Public

Finance

Authority

of

Wisconsin,

Limited

Obligation

Grant

Revenue

Bonds,

American

Dream

@

Meadowlands

Project,

Series

2017A

.750

08/01/31

1,234,063

2,500,000

(a) Public

Finance

Authority

of

Wisconsin,

Limited

Obligation

PILOT

Revenue

Bonds,

American

Dream

@

Meadowlands

Project,

Series

2017

.500

12/01/37

2,375,000

2,555,000

(a) Public

Finance

Authority

of

Wisconsin,

Limited

Obligation

PILOT

Revenue

Bonds,

American

Dream

@

Meadowlands

Project,

Series

2017

.750

12/01/42

2,427,250

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

WISCONSIN

(continued)

$

20,415,000

(a) Public

Finance

Authority

of

Wisconsin,

Limited

Obligation

PILOT

Revenue

Bonds,

American

Dream

@

Meadowlands

Project,

Series

2017

.000

%

12/01/50

$

19,394,250

2,000,000

(a) Public

Finance

Authority

of

Wisconsin,

Multifamily

Housing

Revenue

Bonds,

Promenade

Apartments

Project,

Series

2024

.250

02/01/39

1,996,712

1,000,000

(a),(b)

Public

Finance

Authority

of

Wisconsin,

Revenue

Bonds,

Alabama

Proton

Therapy

Center,

Senior

Series

2017B

.500

10/01/47

1,765,000

Public

Finance

Authority

of

Wisconsin,

Revenue

Bonds,

Prime

Healthcare

Foundation,

Inc.,

Series

2017A

.200

12/01/37

1,791,783

2,000,000

(a),(b)

Public

Finance

Authority

of

Wisconsin,

Revenue

Bonds,

Procure

Proton

Therapy

Center,

Senior

Series

2018A

.000

07/01/48

1,400,000

35,000

(a),(e)

Public

Finance

Authority

of

Wisconsin,

Revenue

Bonds,

Roseman

University

of

Health

Sciences,

Series

2020,

(Pre-

refunded

4/01/30)

.000

04/01/50

38,264

1,430,000

Public

Finance

Authority

of

Wisconsin,

Revenue

Bonds,

Sky

Harbour

LLC

Obligated

Group

Aviation

Facilities

Project,

Series

2021,

(AMT)

.250

07/01/54

1,100,862

5,885,000

(a),(b)

Public

Finance

Authority

of

Wisconsin,

Senior

Revenue

Bonds,

Maryland

Proton

Treatment

Center,

Series

2018A-1

.125

01/01/33

2,648,250

250,000

(a),(b)

Public

Finance

Authority

of

Wisconsin,

Senior

Revenue

Bonds,

Maryland

Proton

Treatment

Center,

Series

2018A-1

.250

01/01/38

112,500

8,735,000

(a),(b)

Public

Finance

Authority

of

Wisconsin,

Senior

Revenue

Bonds,

Maryland

Proton

Treatment

Center,

Series

2018A-1

.375

01/01/48

3,930,750

210,000

(b),(g)

Public

Finance

Authority

of

Wisconsin,

Wisconsin

Revenue

Note,

KDC

Agribusiness

LLC

Project,

Series

2022B

.000

12/31/25

2,000,000

(a) Public

Finance

Authority,

Wisconsin,

Tax

Increment

Revenue

Senior

Bonds,

World

Center

Project

Series

2024A

.000

06/01/41

1,947,352

13,015,000

Public

Finance

Authority,

Wisconsin,

Toll

Revenue

Bonds,

Georgia

SR

Express

Lanes

Project,

Senior

Lien

Series

2025,

(UB)

.750

12/31/65

12,908,594

5,725,000

Wisconsin

Center

District,

Dedicated

Tax

Revenue

Bonds,

Supported

by

State

Moral

Obligation

Junior

Series

2020D

-

AGM

Insured

.000

12/15/45

2,037,112

5,190,000

Wisconsin

Center

District,

Dedicated

Tax

Revenue

Bonds,

Supported

by

State

Moral

Obligation

Junior

Series

2020D

-

AGM

Insured

.000

12/15/50

1,361,836

875,000

(e) Wisconsin

Center

District,

Dedicated

Tax

Revenue

Bonds,

Supported

by

State

Moral

Obligation

Junior

Series

2020D,

(Pre-refunded

12/15/30)

.000

12/15/60

223,944

3,625,000

Wisconsin

Center

District,

Dedicated

Tax

Revenue

Bonds,

Supported

by

State

Moral

Obligation

Junior

Series

2020D

-

AGM

Insured

.000

12/15/60

542,338

500,000

Wisconsin

Health

and

Educational

Facilities

Authority,

Wisconsin,

Revenue

Bonds,

Dickson

Hollow

Phase

Project,

Series

2024

.000

10/01/54

494,248

6,165,000

Wisconsin

Health

and

Educational

Facilities

Authority,

Wisconsin,

Revenue

Bonds,

Marshfield

Clinic,

Series

2016A

.000

02/15/42

6,046,885

3,000,000

Wisconsin

Health

and

Educational

Facilities

Authority,

Wisconsin,

Revenue

Bonds,

Saint

Camillus

Health

System

Inc,

Series

2019A

.000

11/01/46

2,591,931

TOTAL

WISCONSIN

101,145,525

TOTAL

MUNICIPAL

BONDS

(Cost

$1,095,636,225)

979,386,121

#### Portfolio

#### of

#### Investments

#### July

#### 31,

#### 2025
(continued)

#### NMCO

All

percentages

shown

in

the

Portfolio

of

Investments

are

based

on

net

assets

applicable

to

common

shares

unless

otherwise

noted.

Part

F

of

Form

N-PORT

was

prepared

in

accordance

with

U.S.

generally

accepted

accounting

principles

("U.S.

GAAP")

and

in

conformity

with

the

applicable

rules

and

regulations

of

the

U.S.

Securities

and

Exchange

Commission

("SEC")

related

to

interim

filings.

Part

F

of

Form

N-PORT

does

not

include

all

information

and

footnotes

required

by

U.S.

GAAP

for

complete

financial

statements.

Certain

footnote

disclosures

normally

included

in

financial

statements

prepared

in

accordance

with

U.S.

GAAP

have

been

condensed

or

omitted

from

this

report

pursuant

to

the

rules

of

the

SEC.

For

a

full

set

of

the

Fund's

notes

to

financial

statements,

please

refer

to

the

Fund's

most

recently

filed

annual

or

semi-annual

report.

Fair

Value

Measurements

The

Fund's

investments

in

securities

are

recorded

at

their

estimated

fair

value

utilizing

valuation

methods

approved

by

the

Board

of

Directors/

Trustees.

Fair

value

is

defined

as

the

price

that

would

be

received

upon

selling

an

investment

or

transferring

a

liability

in

an

orderly

transaction

to

an

independent

buyer

in

the

principal

or

most

advantageous

market

for

the

investment.

U.S.

GAAP

establishes

the

three-tier

hierarchy

which

is

used

to

maximize

the

use

of

observable

market

data

and

minimize

the

use

of

unobservable

inputs

and

to

establish

classification

of

fair

value

measurements

for

disclosure

purposes.

Observable

inputs

reflect

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Observable

inputs

are

based

on

market

data

obtained

from

sources

independent

of

the

reporting

entity.

Unobservable

inputs

reflect

management's

assumptions

about

the

assumptions

market

participants

would

use

in

pricing

the

asset

or

liability.

Unobservable

inputs

are

based

on

the

best

information

available

in

the

circumstances.

The

following

is

a

summary

of

the

three-tiered

hierarchy

of

valuation

input

levels.

Level

–

Inputs

are

unadjusted

and

prices

are

determined

using

quoted

prices

in

active

markets

for

identical

securities.

Level

–

Prices

are

determined

using

other

significant

observable

inputs

(including

quoted

prices

for

similar

securities,

interest

rates,

credit

spreads,

etc.).

Level

–

Prices

are

determined

using

significant

unobservable

inputs

(including

management's

assumptions

in

determining

the

fair

value

of

PRINCIPAL

DESCRIPTION

RATE

MATURITY

VALUE

VARIABLE

RATE

SENIOR

LOAN

INTERESTS

-

.0

%

(0

.0

%

of

Total

Investments)

CAPITAL

GOODS

-

0.0%

(0.0%

of

Total

Investments)

$

321,690

(b),(g),(h)

KDC

Agribusiness

Fairless

Hills

LLC

.000

%

09/17/25

$

TOTAL

CAPITAL

GOODS

TOTAL

VARIABLE

RATE

SENIOR

LOAN

INTERESTS

(Cost

$321,690)

TOTAL

LONG-TERM

INVESTMENTS

(Cost

$1,095,957,915)

979,386,153

FLOATING

RATE

OBLIGATIONS

-

(7.5)%

(42,750,000)

MFP

SHARES,

NET

-

(70.8)%(i)

(403,377,727)

OTHER

ASSETS

&

LIABILITIES,

NET

- 6.4%

36,496,370

NET

ASSETS

APPLICABLE

TO

COMMON

SHARES

-

100%

$

569,754,796

AMT

Alternative

Minimum

Tax

PIK

Payment-in-kind

("PIK")

security. Depending

on

the

terms

of

the

security,

income

may

be

received

in

the

form

of

cash,

securities,

or

a

combination

of

both. The

PIK

rate

shown,

where

applicable,

represents

the

annualized

rate

of

the

last

PIK

payment

made

by

the

issuer

as

of

the

end

of

the

reporting

period.

UB

Underlying

bond

of

an

inverse

floating

rate

trust

reflected

as

a

financing

transaction.

Inverse

floating

rate

trust

is

a

Recourse

Trust

unless

otherwise

noted.

(a) Security

is

exempt

from

registration

under

Rule

144A

of

the

Securities

Act

of

1933,

as

amended.

These

securities

are

deemed

liquid

and

may

be

resold

in

transactions

exempt

from

registration,

which

are

normally

those

transactions

with

qualified

institutional

buyers.

As

of

the

end

of

the

reporting

period,

the

aggregate

value

of

these

securities

is

$359,160,807

or

36.7%

of

Total

Investments.

(b) Defaulted

security.

A

security

whose

issuer

has

failed

to

fully

pay

principal

and/or

interest

when

due,

or

is

under

the

protection

of

bankruptcy.

(c) Step-up

coupon

bond,

a

bond

with

a

coupon

that

increases

("steps

up"),

usually

at

regular

intervals,

while

the

bond

is

outstanding.

The

rate

shown

is

the

coupon

as

of

the

end

of

the

reporting

period.

(d) Investment,

or

portion

of

investment,

has

been

pledged

to

collateralize

the

net

payment

obligations

for

investments

in

inverse

floating

rate

transactions.

(e) Backed

by

an

escrow

or

trust

containing

sufficient

U.S.

Government

or

U.S.

Government

agency

securities,

which

ensure

the

timely

payment

of

principal

and

interest.

(f) When-issued

or

delayed

delivery

security.

(g) For

fair

value

measurement

disclosure

purposes,

investment

classified

as

Level

3. (h) Senior

loan

received

as

part

of

the

bondholder

funding

agreement

during

June

2023

for

Pennsylvania

Economic

Development

Financing

Authority,

Exempt

Facilities

Revenue

Bonds,

KDC

Agribusiness

Fairless

Hills

LLC

Project,

Series

2020A-1,

10.000%,

12/01/40,

144A,

Pennsylvania

Economic

Development

Financing

Authority,

Exempt

Facilities

Revenue

Bonds,

KDC

Agribusiness

Fairless

Hills

LLC

Project,

Series

2020A-2,

10.000%,

12/01/40,

(AMT),

144A,

Pennsylvania

Economic

Development

Financing

Authority,

Exempt

Facilities

Revenue

Bonds,

KDC

Agribusiness

Fairless

Hills

LLC

Project,

Series

2021A,

10.000%,

12/01/31.

(i) MFP

Shares,

Net

as

a

percentage

of

Total

Investments

is

41.2%.

investments).

The

following

table

summarizes

the

market

value

of

the

Fund's

investments

as

of

the

end

of

the

reporting

period,

based

on

the

inputs

used

to

value

them:

NMCO

Level

Level

Level

Total

Long-Term

Investments:

Municipal

Bonds

$

–

$

979,385,630

$

$

979,386,121

Variable

Rate

Senior

Loan

Interests

–

–

Unfunded

Commitments\*

–

–

2,377,174

2,377,174

Total

$

–

$

979,385,630

$

2,377,697

$

981,763,327

\*

Unfunded

commitments

are

valued

at

the

unrealized

appreciation

(depreciation)

on

the

commitment.

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Nuveen Municipal Credit Opportunities Fund

- **b. Investment Company Act file number:** 811-23440

- **c. CIK number of Registrant:** 0001774342

- **d. LEI of Registrant:** 549300DD3V5NH59YTS11

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

  - **Street Address 1:** 333 W. Wacker Dr

  - **City:** Chicago

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60606

  - **Telephone number:** 312-917-7700

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

- **a. Name of Series:** Nuveen Municipal Credit Opportunities Fund

- **c. LEI of Series:** 549300DD3V5NH59YTS11

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

- **a. Date of fiscal year-end:** 2025-10-31

- **b. Date as of which information is reported:** 2025-07-31

**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:** $1037687570.00

**Total Liabilities:** $468208859.00

**Net Assets:** $569478711.00

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** -39.59000000 | **1-Year:** -2754.77000000 | **5-Year:** -7136.06000000 | **10-Year:** -70917.58000000 | **30-Year:** -155787.31000000

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

- **3-Month:** -15.10000000 | **1-Year:** -1578.16000000 | **5-Year:** -10783.20000000 | **10-Year:** -145204.54000000 | **30-Year:** -422667.46000000

**Monthly Return Information**

| Class        | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID N/A | -0.10%               | 0.54%                | -3.96%               |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $858511.17               | $-4306491.86                               |
| Month 2  | $-832119.77              | $742591.12                                 |
| Month 3  | $-1096018.95             | $-24280452.79                              |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| Massachusetts Development Finance Agency Revenue Bonds, Lawrence General Hospital Issue, Series 2017                                                   | Massachusetts Development Finance Agency Revenue Bonds, Lawrence General Hospital Issue, Series 2017                                                   | CUSIP: 57584X3Y5<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   3900000 | PA      | $3230199.96   | 0.57%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series WW                                                                                   | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series WW                                                                                   | CUSIP: 74526QUZ3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |      3000 | PA      | $1249.29      | 0.00%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Broadway Station Metropolitan District 3, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Subordinate Convertible to Senior Ca | Broadway Station Metropolitan District 3, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Subordinate Convertible to Senior Ca | CUSIP: 111571AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $686497.90    | 0.12%             | 2049-12-01      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Monongalia County Commission, West Virginia, Special District Excise Tax Revenue Bonds, University Town Centre Economic Opportunity Development Distri | Monongalia County Commission, West Virginia, Special District Excise Tax Revenue Bonds, University Town Centre Economic Opportunity Development Distri | CUSIP: 61022CAM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2580000 | PA      | $527977.91    | 0.09%             | 2053-06-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| Sierra Vista Industrial Development Authority, Arizona, Economic Development Revenue Bonds, Convertible Capital Appreciation Revenue Bonds, Series 202 | Sierra Vista Industrial Development Authority, Arizona, Economic Development Revenue Bonds, Convertible Capital Appreciation Revenue Bonds, Series 202 | CUSIP: 82652PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $765286.30    | 0.13%             | 2056-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3G0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |         3 | PA      | $3.09         | 0.00%             | 2027-07-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, New Terminal 1 John F Kennedy International Airport Project | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, New Terminal 1 John F Kennedy International Airport Project | CUSIP: 650116HA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1190000 | PA      | $1132757.67   | 0.20%             | 2060-06-30      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Finance Authority, Educational Facilities Revenue Bonds, Provident Resource Group - Rixey Student Housing Project, Series 2019 | Virginia Small Business Finance Authority, Educational Facilities Revenue Bonds, Provident Resource Group - Rixey Student Housing Project, Series 2019 | CUSIP: 92810PAU5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    657954 | PA      | $394772.40    | 0.07%             | 2052-07-01      | Fixed         | 4.50%                 | Yes           |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation, Illinois, Sales Tax Securitzation Bonds, Second Lien Series 2020A                                                | Sales Tax Securitization Corporation, Illinois, Sales Tax Securitzation Bonds, Second Lien Series 2020A                                                | CUSIP: 79467BCZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    120000 | PA      | $111263.12    | 0.02%             | 2039-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Capital Appreciation Refunding Series 2010B-1  | Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Capital Appreciation Refunding Series 2010B-1  | CUSIP: 592248BC1<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   4545000 | PA      | $1605051.75   | 0.28%             | 2045-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2020A-2    | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2020A-2    | CUSIP: 708686EM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $172.00       | 0.00%             | 2040-12-01      | Fixed         | 10.00%                | Yes           |                  3 | On Loan: No      |
| Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, 615 Waterfront Project, Senior Series 2021             | Allentown Neighborhood Improvement Zone Development Authority, Pennsylvania, Tax Revenue Bonds, 615 Waterfront Project, Senior Series 2021             | CUSIP: 018444BG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $322012.78    | 0.06%             | 2042-05-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2012A                                                        | Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2012A                                                        | CUSIP: 927676RP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    630000 | PA      | $628944.62    | 0.11%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Center City Anaheim, Series 2020A                                  | CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Center City Anaheim, Series 2020A                                  | CUSIP: 126292AB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $866135.30    | 0.15%             | 2054-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A  | New York Transportation Development Corporation, New York, Special Facilities Bonds, LaGuardia Airport Terminal B Redevelopment Project, Series 2016A  | CUSIP: 650116AV8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1681121.18   | 0.30%             | 2050-01-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021                                                                   | Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021                                                                   | CUSIP: 665245ZL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $626441.62    | 0.11%             | 2041-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006B                                                                          | The Tennessee Energy Acquisition Corporation, Gas Revenue Bonds, Series 2006B                                                                          | CUSIP: 880443BT2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2037398.20   | 0.36%             | 2026-09-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds, Misericordia University, Series 2014                                                     | Dallas Area Municipal Authority, Pennsylvania, Revenue Bonds, Misericordia University, Series 2014                                                     | CUSIP: 235171AM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $2231232.18   | 0.39%             | 2037-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Frederick County, Maryland, Special Tax Limited Obligation Bonds, Jefferson Technology Park Project, Refunding Series 2020A                            | Frederick County, Maryland, Special Tax Limited Obligation Bonds, Jefferson Technology Park Project, Refunding Series 2020A                            | CUSIP: 35571QAB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1850000 | PA      | $1764522.60   | 0.31%             | 2043-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | CUSIP: 74529JQG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  26502046 | PA      | $8247174.34   | 1.45%             | 2046-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Multifamily Housing Revenue Bonds, Promenade Apartments Project, Series 2024                                    | Public Finance Authority of Wisconsin, Multifamily Housing Revenue Bonds, Promenade Apartments Project, Series 2024                                    | CUSIP: 74441XHS1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1996712.40   | 0.35%             | 2039-02-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A                              | Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A                              | CUSIP: 87172NBC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3320000 | PA      | $2479869.68   | 0.44%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Twin Creeks North Community Development District, Florida, Special Assessment Bonds, Master Infrastructure Improvements, Series 2016A-1                | Twin Creeks North Community Development District, Florida, Special Assessment Bonds, Master Infrastructure Improvements, Series 2016A-1                | CUSIP: 901471AD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1485000 | PA      | $1519284.20   | 0.27%             | 2047-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | CUSIP: 74529JQH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7550338 | PA      | $1739585.79   | 0.31%             | 2051-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Greater Cincinnati Port Development Authority, Ohio, Tax Increment Revenue Bonds, RBM Phase 3 Garage Project Series 2024                               | Greater Cincinnati Port Development Authority, Ohio, Tax Increment Revenue Bonds, RBM Phase 3 Garage Project Series 2024                               | CUSIP: 73421NAD9<br>LEI: 549300IK2RCZBY62ST97 | Long             | DBT              | MUN               | US        |    500000 | PA      | $455121.05    | 0.08%             | 2055-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Winrock Town Center Tax Increment Development District 1, Albuquerque, New Mexico, Gross Receipts Tax Increment Bonds, Subordinate Lien Series 2020    | Winrock Town Center Tax Increment Development District 1, Albuquerque, New Mexico, Gross Receipts Tax Increment Bonds, Subordinate Lien Series 2020    | CUSIP: 97535RAD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    816000 | PA      | $799098.68    | 0.14%             | 2040-05-01      | Fixed         | 8.00%                 | Yes           |                  2 | On Loan: No      |
| California School Finance Authority, Charter School Revenue Bonds, Arts in Action Charter Schools - Obligated Group, Series 2020A                      | California School Finance Authority, Charter School Revenue Bonds, Arts in Action Charter Schools - Obligated Group, Series 2020A                      | CUSIP: 13058TJD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1410000 | PA      | $1137722.51   | 0.20%             | 2050-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Virgin Islands Water and Power Authority, Electric System Revenue Bonds, Bond Anticipation Notes, Senior Series 2021A                                  | Virgin Islands Water and Power Authority, Electric System Revenue Bonds, Bond Anticipation Notes, Senior Series 2021A                                  | CUSIP: 927688GT2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1572692.85   | 0.28%             | 2026-07-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Indiana Finance Authority, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Series 2020                               | Indiana Finance Authority, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Series 2020                               | CUSIP: 455054BD7<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |    500000 | PA      | $550049.35    | 0.10%             | 2039-05-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2      | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020B-2 Class 2      | CUSIP: 118217CZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $6100734.75   | 1.07%             | 2055-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority, Georgia, Senior Health Care Facilities Revenue Bonds, Georgia Proton Treatment Center Project, Current Interest Series  | Atlanta Development Authority, Georgia, Senior Health Care Facilities Revenue Bonds, Georgia Proton Treatment Center Project, Current Interest Series  | CUSIP: 04781GAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18430000 | PA      | $9583600.00   | 1.68%             | 2040-01-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Main Street Natural Gas Inc., Georgia, Gas Supply Revenue Bonds, Series 2019A                                                                          | Main Street Natural Gas Inc., Georgia, Gas Supply Revenue Bonds, Series 2019A                                                                          | CUSIP: 56035DBV3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $9890740.00   | 1.74%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Idaho Falls Auditorium District, Idaho, Certifications of Participation,  Annual Appropriation Series 2021                                             | Idaho Falls Auditorium District, Idaho, Certifications of Participation,  Annual Appropriation Series 2021                                             | CUSIP: 45118AAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9655000 | PA      | $8717631.77   | 1.53%             | 2051-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Refunding & Improvement Capital Appreciation Series 2019A-2                    | Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Refunding & Improvement Capital Appreciation Series 2019A-2                    | CUSIP: 688031FD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2130000 | PA      | $559142.47    | 0.10%             | 2048-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010CCC                                                                              | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010CCC                                                                              | CUSIP: 74526YDY8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    500000 | PA      | $208512.51    | 0.04%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Woodland Crossing Community Development District, Sumter County, Florida, Special Assessment Bonds, Series 2025                                        | Woodland Crossing Community Development District, Sumter County, Florida, Special Assessment Bonds, Series 2025                                        | CUSIP: 979583AC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983002.30    | 0.17%             | 2045-05-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Leomas Landing Community Development District, Florida, Capital Improvement Revenue Bonds, Assessment Area 2, Series 2021                              | Leomas Landing Community Development District, Florida, Capital Improvement Revenue Bonds, Assessment Area 2, Series 2021                              | CUSIP: 526400AH9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $568825.50    | 0.10%             | 2052-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| South Aurora Regional Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Refunding Improvement Series 2025                                | South Aurora Regional Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Refunding Improvement Series 2025                                | CUSIP: 83637TAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7375000 | PA      | $7349360.08   | 1.29%             | 2055-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1      | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1      | CUSIP: 118217CW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    195000 | PA      | $130490.22    | 0.02%             | 2048-06-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Education Revenue Bonds, Beta Academy, Series 2019A                                 | New Hope Cultural Education Facilities Finance Corporation, Texas, Education Revenue Bonds, Beta Academy, Series 2019A                                 | CUSIP: 64542QBF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    520000 | PA      | $449962.19    | 0.08%             | 2049-08-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009A                                                              | New Jersey Transportation Trust Fund Authority, Transportation System Bonds, Series 2009A                                                              | CUSIP: 646136WU1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $7619877.00   | 1.34%             | 2039-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 2, Series 2024                    | Hess Ranch Metropolitan District 5, Parker, Colorado, Special Assessment Revenue Bonds, Special Improvement District 2, Series 2024                    | CUSIP: 428111AC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $946264.77    | 0.17%             | 2044-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2012B                                            | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2012B                                            | CUSIP: 592250BE3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $2559928.00   | 0.45%             | 2050-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport New Terminal 1 Project | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport New Terminal 1 Project | CUSIP: 650116HM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $4346952.30   | 0.76%             | 2054-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Hess Ranch Metropolitan District 6, Parker, Colorado, Limited Tax General Obligation Bonds, Series 2020A-1                                             | Hess Ranch Metropolitan District 6, Parker, Colorado, Limited Tax General Obligation Bonds, Series 2020A-1                                             | CUSIP: 428112AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $4801225.55   | 0.84%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds, Turbo Term Series 2016A. Including 2016A-1, 2016A-2A and 2016A-2B | New York Counties Tobacco Trust VI, New York, Tobacco Settlement Pass-Through Bonds, Turbo Term Series 2016A. Including 2016A-1, 2016A-2A and 2016A-2B | CUSIP: 64945JAE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $533055.56    | 0.09%             | 2045-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mobile County Industrial Development Authority, Alabama, Solid Waste Disposal Revenue Bonds, AM/NS Calvert LLC Project, Series 2024A                   | Mobile County Industrial Development Authority, Alabama, Solid Waste Disposal Revenue Bonds, AM/NS Calvert LLC Project, Series 2024A                   | CUSIP: 60733UAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5100000 | PA      | $4645382.43   | 0.82%             | 2054-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Senior Living Revenue Bonds, Sanctuary LTC LLC Project, Series 2021A-1              | New Hope Cultural Education Facilities Finance Corporation, Texas, Senior Living Revenue Bonds, Sanctuary LTC LLC Project, Series 2021A-1              | CUSIP: 64542PGC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12525000 | PA      | $11155043.06  | 1.96%             | 2057-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| North Range Metropolitan District 3, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3                                      | North Range Metropolitan District 3, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3                                      | CUSIP: 66176NAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2320000 | PA      | $2223447.63   | 0.39%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Freedom Classical Academy Inc., Series 2020A                                      | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Freedom Classical Academy Inc., Series 2020A                                      | CUSIP: 744396GA4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   4420000 | PA      | $3913294.74   | 0.69%             | 2042-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D                                        | Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D                                        | CUSIP: 976595JF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $223944.26    | 0.04%             | 2060-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority, Pennsylvania, Revenue Bonds,  Alvernia University Project, Series 2020                                               | Berks County Municipal Authority, Pennsylvania, Revenue Bonds,  Alvernia University Project, Series 2020                                               | CUSIP: 08454AAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2565000 | PA      | $2052786.17   | 0.36%             | 2049-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pioneer Community Authority Board (Weld County, Colorado), Special Revenue Bonds, Series 2022                                                          | Pioneer Community Authority Board (Weld County, Colorado), Special Revenue Bonds, Series 2022                                                          | CUSIP: 72364TAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4420000 | PA      | $4179400.84   | 0.73%             | 2034-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | CUSIP: 74526QYC0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |      3000 | PA      | $1261.58      | 0.00%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Roosevelt University, Series 2018B                                                                          | Illinois Finance Authority, Revenue Bonds, Roosevelt University, Series 2018B                                                                          | CUSIP: 45204EN61<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2793246.60   | 0.49%             | 2058-04-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Conroe Local Government Corporation, Texas, Hotel Revenue Bonds, Conroe Convention Center Hotel, Second-Lien Series 2021B                              | Conroe Local Government Corporation, Texas, Hotel Revenue Bonds, Conroe Convention Center Hotel, Second-Lien Series 2021B                              | CUSIP: 208419AD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $1505329.86   | 0.26%             | 2050-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parterre Metropolitan District 5, Thornton, Adams County, Colorado, General Obligation Limited Tax Bonds, Series 2025A                                 | Parterre Metropolitan District 5, Thornton, Adams County, Colorado, General Obligation Limited Tax Bonds, Series 2025A                                 | CUSIP: 70211AAC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5110000 | PA      | $5231136.64   | 0.92%             | 2055-12-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | CUSIP: 74526QYB2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |      4000 | PA      | $1695.48      | 0.00%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Aerotropolis Regional Transportation Authority, Colorado, Special Revenue Bonds, Series 2024                                                           | Aerotropolis Regional Transportation Authority, Colorado, Special Revenue Bonds, Series 2024                                                           | CUSIP: 008051AE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4975000 | PA      | $4819907.86   | 0.85%             | 2054-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| North Vista Highlands Metropolitan District 3, Pueblo County, Colorado, Limited Tax General Obligation Bonds, Series 2020                              | North Vista Highlands Metropolitan District 3, Pueblo County, Colorado, Limited Tax General Obligation Bonds, Series 2020                              | CUSIP: 66320PAA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $413088.61    | 0.07%             | 2049-12-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Fate, Rockwall County, Texas, Special Assessment Revenue Bonds, Monterra Public Improvement District Improvement Area 2, Series 2024                   | Fate, Rockwall County, Texas, Special Assessment Revenue Bonds, Monterra Public Improvement District Improvement Area 2, Series 2024                   | CUSIP: 31189RCR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1350000 | PA      | $1287337.05   | 0.23%             | 2054-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Capital Trust Agency, Florida, Senior Living Facilities Revenue Bonds, Elim Senior Housing, Inc. Project, Series 2017                                  | Capital Trust Agency, Florida, Senior Living Facilities Revenue Bonds, Elim Senior Housing, Inc. Project, Series 2017                                  | CUSIP: 140542AG6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   3735000 | PA      | $2965371.13   | 0.52%             | 2052-08-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Lee County Industrial Development Authority, Florida, Healthcare Facilities Revenue Bonds, Preserve Project, Series 2017A                              | Lee County Industrial Development Authority, Florida, Healthcare Facilities Revenue Bonds, Preserve Project, Series 2017A                              | CUSIP: 52349EDR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1300000 | PA      | $898748.37    | 0.16%             | 2052-12-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Lake Hideaway Community Development District, Hernando County, Florida, Capital Improvement Revenue Bonds, Assessment Area One, Series 2024            | Lake Hideaway Community Development District, Hernando County, Florida, Capital Improvement Revenue Bonds, Assessment Area One, Series 2024            | CUSIP: 50989AAC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $132780.91    | 0.02%             | 2054-05-01      | Fixed         | 5.90%                 | Yes           |                  2 | On Loan: No      |
| Connecticut Health and Educational Facilities Authority, Revenue Bonds, Mary Wade Home Issue, Series 2019A-1                                           | Connecticut Health and Educational Facilities Authority, Revenue Bonds, Mary Wade Home Issue, Series 2019A-1                                           | CUSIP: 20775DDE9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   3200000 | PA      | $2366375.68   | 0.42%             | 2054-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DU8<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1515000 | PA      | $1233380.44   | 0.22%             | 2047-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Contract Revenue Bonds, Mercer Crossing Public Improvement District Project, Series 2017                        | Public Finance Authority of Wisconsin, Contract Revenue Bonds, Mercer Crossing Public Improvement District Project, Series 2017                        | CUSIP: 74445JAE6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1267401.13   | 0.22%             | 2047-03-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Green Valley Ranch East Metropolitan District 6, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3                          | Green Valley Ranch East Metropolitan District 6, Adams County, Colorado, Limited Tax General Obligation Bonds, Series 2020A-3                          | CUSIP: 39356MAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1768898.25   | 0.31%             | 2050-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra Holdings LLC, Green Series 2019    | Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra Holdings LLC, Green Series 2019    | CUSIP: 25461PAF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2515914 | PA      | $25.16        | 0.00%             | 2038-02-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Aurora Highlands Community Authority Board, Adams County, Colorado, Special Tax Revenue Bonds, Refunding & Improvement Series 2021A                    | Aurora Highlands Community Authority Board, Adams County, Colorado, Special Tax Revenue Bonds, Refunding & Improvement Series 2021A                    | CUSIP: 05164HAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2728904.70   | 0.48%             | 2051-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Brooklyn Park, Minnesota, Charter School Lease Revenue Bonds, Athlos Leadership Academy Project, Series 2015A                                          | Brooklyn Park, Minnesota, Charter School Lease Revenue Bonds, Athlos Leadership Academy Project, Series 2015A                                          | CUSIP: 114224AK4<br>LEI: 549300SRSB2KMQNYBB75 | Long             | DBT              | MUN               | US        |   1300000 | PA      | $1084328.05   | 0.19%             | 2046-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Senior Revenue Bonds, Maryland Proton Treatment Center, Series 2018A-1                                          | Public Finance Authority of Wisconsin, Senior Revenue Bonds, Maryland Proton Treatment Center, Series 2018A-1                                          | CUSIP: 74442PJV8<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   8735000 | PA      | $3930750.00   | 0.69%             | 2048-01-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3P0<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |     11639 | PA      | $9714.27      | 0.00%             | 2046-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, Sky Harbour LLC Obligated Group Aviation Facilities Project, Series 2021                         | Public Finance Authority of Wisconsin, Revenue Bonds, Sky Harbour LLC Obligated Group Aviation Facilities Project, Series 2021                         | CUSIP: 74446DAJ7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1100862.33   | 0.19%             | 2054-07-01      | Fixed         | 4.25%                 | No            |                  2 | On Loan: No      |
| Columbia Heights, Minnesota, Charter School Lease Revenue Bonds, Prodeo Academy Project, Series 2019A                                                  | Columbia Heights, Minnesota, Charter School Lease Revenue Bonds, Prodeo Academy Project, Series 2019A                                                  | CUSIP: 19768QAE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2440000 | PA      | $1973115.03   | 0.35%             | 2054-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial Healthcare, Series 2016A                                      | Mississippi Hospital Equipment and Facilities Authority, Revenue Bonds, Baptist Memorial Healthcare, Series 2016A                                      | CUSIP: 605360SD9<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |   2285000 | PA      | $2144921.73   | 0.38%             | 2046-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority, Charter School Revenue Bonds, Scholarship Prep Public Schools Obligated Group, Series 2020A                       | California School Finance Authority, Charter School Revenue Bonds, Scholarship Prep Public Schools Obligated Group, Series 2020A                       | CUSIP: 13058TKG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $803973.70    | 0.14%             | 2060-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| KDC Agribusiness Fairless Hills LLC                                                                                                                    | KDC Agribusiness Fairless Hills LLC                                                                                                                    | CUSIP: 48244KAA8<br>LEI: N/A                  | Long             | LON              | CORP              | US        |    321690 | PA      | $32.17        | 0.00%             | 2025-09-17      | Fixed         | 12.00%                | No            |                  3 | On Loan: No      |
| Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Legacy Traditional Schools - Texas Project, Series 2022A               | Arlington Higher Education Finance Corporation, Texas, Education Revenue Bonds, Legacy Traditional Schools - Texas Project, Series 2022A               | CUSIP: 041807AX6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2777576.10   | 0.49%             | 2052-02-15      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | CUSIP: 74446HAB5<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2375000.00   | 0.42%             | 2037-12-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A                | Tuscaloosa County Industrial Development Authority, Alabama, Gulf Opportunity Zone Bonds, Hunt Refining Project, Refunding Series 2019A                | CUSIP: 90068FAZ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8875000 | PA      | $8559427.19   | 1.50%             | 2044-05-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A                                                                                | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A                                                                                | CUSIP: 74526YCZ6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $419709.78    | 0.07%             | 2026-01-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| Bethel, Minnesota Charter School Lease Revenue Bonds, Partnership Academy Project, Series 2018A                                                        | Bethel, Minnesota Charter School Lease Revenue Bonds, Partnership Academy Project, Series 2018A                                                        | CUSIP: 086759AT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $378560.10    | 0.07%             | 2053-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority, Georgia, Economic Development Certificates, Gulch Enterprise Zone Project, Convertible Capital Appreciation Series 2024 | Atlanta Development Authority, Georgia, Economic Development Certificates, Gulch Enterprise Zone Project, Convertible Capital Appreciation Series 2024 | CUSIP: 04780NMY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3920000 | PA      | $3333029.00   | 0.59%             | 2048-12-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020A-1                                            | Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020A-1                                            | CUSIP: 12008KAB8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   2910000 | PA      | $2444677.32   | 0.43%             | 2055-06-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Series 2021B                | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Series 2021B                | CUSIP: 04052BPA6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1646777.40   | 0.29%             | 2051-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Redtail Ridge Metropolitan District, City of Louisville, Boulder County, Colorado, General Obligation Limited Tax Capital Appreciation Turbo Bonds, Se | Redtail Ridge Metropolitan District, City of Louisville, Boulder County, Colorado, General Obligation Limited Tax Capital Appreciation Turbo Bonds, Se | CUSIP: 75773CAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $597686.70    | 0.10%             | 2032-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2007TT                                                                                     | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2007TT                                                                                     | CUSIP: 74526YCT0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $1576428.65   | 0.28%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | CUSIP: 74526QYE6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |      1000 | PA      | $420.53       | 0.00%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Palm Coast Park Community Development District, Florida, Special Assessment Revenue Bonds, Series 2023                                                 | Palm Coast Park Community Development District, Florida, Special Assessment Revenue Bonds, Series 2023                                                 | CUSIP: 69661TAQ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    835000 | PA      | $818241.13    | 0.14%             | 2043-05-01      | Fixed         | 5.40%                 | No            |                  2 | On Loan: No      |
| California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A                  | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2016A                  | CUSIP: 13080SML5<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2311236.75   | 0.41%             | 2056-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010ZZ                                                                               | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010ZZ                                                                               | CUSIP: 74526YDM4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    400000 | PA      | $165810.01    | 0.03%             | 2026-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| South Jersey Port Corporation, New Jersey, Marine Terminal Revenue Bonds, Subordinate Series 2017B                                                     | South Jersey Port Corporation, New Jersey, Marine Terminal Revenue Bonds, Subordinate Series 2017B                                                     | CUSIP: 838530RG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $497173.10    | 0.09%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Saint Cloud, Minnesota, Charter School Lease Revenue Bonds, Athlos Academy, Series 2022A                                                               | Saint Cloud, Minnesota, Charter School Lease Revenue Bonds, Athlos Academy, Series 2022A                                                               | CUSIP: 788326AJ5<br>LEI: 549300IOO80ICGIWAU74 | Long             | DBT              | MUN               | US        |   2040000 | PA      | $1479000.00   | 0.26%             | 2057-06-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| .Ohio County Commission, West Virginia, Tax Increment Revenue Bonds, The Highlands Project, Refunding & Improvement Series 2024                        | .Ohio County Commission, West Virginia, Tax Increment Revenue Bonds, The Highlands Project, Refunding & Improvement Series 2024                        | CUSIP: 677321BU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $470706.55    | 0.08%             | 2053-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2006A                                               | District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2006A                                               | CUSIP: 254842BB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  89500000 | PA      | $21547760.45  | 3.78%             | 2046-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Henderson, Kentucky, Facilities Revenue Bonds, Pratt Paper LLC Project, Series 2022A                                                                   | Henderson, Kentucky, Facilities Revenue Bonds, Pratt Paper LLC Project, Series 2022A                                                                   | CUSIP: 425099AB4<br>LEI: 549300UJ32J1O26W1T80 | Long             | DBT              | MUN               | US        |    500000 | PA      | $438924.75    | 0.08%             | 2052-01-01      | Fixed         | 4.70%                 | No            |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corporaton, Texas, Retirement Facility Revenue Bonds, C.C. Young Memorial Home Project, Series 20 | Tarrant County Cultural Education Facilities Finance Corporaton, Texas, Retirement Facility Revenue Bonds, C.C. Young Memorial Home Project, Series 20 | CUSIP: 87638RHR1<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $650000.00    | 0.11%             | 2041-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Senior Revenue Bonds, Maryland Proton Treatment Center, Series 2018A-1                                          | Public Finance Authority of Wisconsin, Senior Revenue Bonds, Maryland Proton Treatment Center, Series 2018A-1                                          | CUSIP: 74442PJU0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    250000 | PA      | $112500.00    | 0.02%             | 2038-01-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Capital Trust Authority, Florida, Educational Facilities Revenue Bonds, Babcock Neighborhood School Inc Project, Series 2024                           | Capital Trust Authority, Florida, Educational Facilities Revenue Bonds, Babcock Neighborhood School Inc Project, Series 2024                           | CUSIP: 14054WBC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1230000 | PA      | $1080921.17   | 0.19%             | 2054-08-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Dauphin County General Authority, Pennsylvania, Revenue Bonds, Harrisburg University of Science & Technology Project, Series 2020                      | Dauphin County General Authority, Pennsylvania, Revenue Bonds, Harrisburg University of Science & Technology Project, Series 2020                      | CUSIP: 23825JAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3555000 | PA      | $2573693.44   | 0.45%             | 2053-10-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Oregon Facilities Authority Charter School Revenue Bonds, Oregon, Portland Village School Project, Series 2024                                         | Oregon Facilities Authority Charter School Revenue Bonds, Oregon, Portland Village School Project, Series 2024                                         | CUSIP: 68607AAL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1836465.80   | 0.32%             | 2060-12-15      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Mandarin Grove Community Development District, Manatee County, Florida, Special Assessment Revenue Bonds, 2022 Project Series 2022                     | Mandarin Grove Community Development District, Manatee County, Florida, Special Assessment Revenue Bonds, 2022 Project Series 2022                     | CUSIP: 56259FAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    975000 | PA      | $1072783.34   | 0.19%             | 2053-05-01      | Fixed         | 6.62%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A                                                                                | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A                                                                                | CUSIP: 74526YAJ4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $350761.94    | 0.06%             | 2026-01-01      | Fixed         | 10.00%                | No            |                  2 | On Loan: No      |
| Monongalia County Commission, West Virginia, Special District Excise Tax Revenue Bonds, University Town Centre Economic Opportunity Development Distri | Monongalia County Commission, West Virginia, Special District Excise Tax Revenue Bonds, University Town Centre Economic Opportunity Development Distri | CUSIP: 61022CAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    625000 | PA      | $627667.25    | 0.11%             | 2043-06-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2007TT                                                                                     | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2007TT                                                                                     | CUSIP: 74526YDA0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    310000 | PA      | $133570.60    | 0.02%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Parker Road Community Development District, Florida, Capital Improvement Revenue Bonds, Refudning Series 2020                                          | Parker Road Community Development District, Florida, Capital Improvement Revenue Bonds, Refudning Series 2020                                          | CUSIP: 701123AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $81597.05     | 0.01%             | 2040-05-01      | Fixed         | 3.88%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Creative Inspiration Journey School of St. Cloud, Series 2021A          | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Creative Inspiration Journey School of St. Cloud, Series 2021A          | CUSIP: 34061UHS0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2030000 | PA      | $1658625.30   | 0.29%             | 2051-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D                                        | Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D                                        | CUSIP: 976595JG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3625000 | PA      | $542338.06    | 0.10%             | 2060-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3R6<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |  18533027 | PA      | $12865449.43  | 2.26%             | 2033-07-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Monongalia County, West Virginia, Tax Increment Revenue Bonds, University Town Centre Development District 4, Senior Refunding and Improvement Series  | Monongalia County, West Virginia, Tax Increment Revenue Bonds, University Town Centre Development District 4, Senior Refunding and Improvement Series  | CUSIP: 61022DAD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2195000 | PA      | $2248677.85   | 0.39%             | 2053-06-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Revenue Bonds, Capital Appreciation Turbo Term Series 2008C             | Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Revenue Bonds, Capital Appreciation Turbo Term Series 2008C             | CUSIP: 594751AM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  74130000 | PA      | $1943859.10   | 0.34%             | 2058-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Black Desert Public Infrastructure District, Washington County, Utah, Special Assessment Bonds, Black Desert Assessment Area 1, Series 2024            | Black Desert Public Infrastructure District, Washington County, Utah, Special Assessment Bonds, Black Desert Assessment Area 1, Series 2024            | CUSIP: 09204TAA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5834478.00   | 1.02%             | 2053-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Chicago, Illinois, General Obligation Bonds, Refunding Series 2016C                                                                                    | Chicago, Illinois, General Obligation Bonds, Refunding Series 2016C                                                                                    | CUSIP: 167486XF1<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   2800000 | PA      | $2769009.88   | 0.49%             | 2038-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Legacy Traditional Schools Projects, Taxable Series 2019B          | Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Legacy Traditional Schools Projects, Taxable Series 2019B          | CUSIP: 56681NEP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4025000 | PA      | $3642518.34   | 0.64%             | 2054-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Bristol Industrial Development Board, Tennessee, State Sales Tax Revenue Bonds, Pinnacle Project, Series 2016A                                         | Bristol Industrial Development Board, Tennessee, State Sales Tax Revenue Bonds, Pinnacle Project, Series 2016A                                         | CUSIP: 11023PAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4633693.50   | 0.81%             | 2042-12-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Atlanta Development Authority, Georgia, Revenue Bonds, Westside Gulch Area Project, Senior Series 2024A-2                                              | Atlanta Development Authority, Georgia, Revenue Bonds, Westside Gulch Area Project, Senior Series 2024A-2                                              | CUSIP: 04780NMX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $499356.25    | 0.09%             | 2039-04-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Prince George's County, Maryland, Special Obligation Bonds, Westphalia Town Center Project, Series 2018                                                | Prince George's County, Maryland, Special Obligation Bonds, Westphalia Town Center Project, Series 2018                                                | CUSIP: 74172RBQ9<br>LEI: 549300NSQ1W50I0VU811 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1969769.60   | 0.35%             | 2048-07-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| California Municipal Finance Authority, Revenue Bonds, American Musical and Dramatic Academy Inc. AMDA Inc Project, Taxable Series 2023B               | California Municipal Finance Authority, Revenue Bonds, American Musical and Dramatic Academy Inc. AMDA Inc Project, Taxable Series 2023B               | CUSIP: 13048VP93<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |    275000 | PA      | $278358.25    | 0.05%             | 2030-07-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Marshfield Clinic, Series 2016A                                       | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Marshfield Clinic, Series 2016A                                       | CUSIP: 97712DUD6<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   6165000 | PA      | $6046884.77   | 1.06%             | 2042-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Bonds, Vacation Village Project Area 1 and 2A, Series 2015       | Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Bonds, Vacation Village Project Area 1 and 2A, Series 2015       | CUSIP: 98267VDD2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    865000 | PA      | $812982.27    | 0.14%             | 2032-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Buckingham Senior Living Community, Inc. Project | New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Buckingham Senior Living Community, Inc. Project | CUSIP: 64542UFR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4210046 | PA      | $1066840.81   | 0.19%             | 2061-11-15      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Florida, Educational Facilities Lease Revenue Bonds, Franklin Academy Projects, Series 2020                                      | Capital Trust Agency, Florida, Educational Facilities Lease Revenue Bonds, Franklin Academy Projects, Series 2020                                      | CUSIP: 14054DAL1<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84546.24     | 0.01%             | 2050-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014                           | New York Liberty Development Corporation, New York, Liberty Revenue Bonds, 3 World Trade Center Project, Class 1 Series 2014                           | CUSIP: 649519DA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4793423.00   | 0.84%             | 2044-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Anchorage, Alaska, Port Revenue Bonds, Series 2020A                                                                                                    | Anchorage, Alaska, Port Revenue Bonds, Series 2020A                                                                                                    | CUSIP: 033252AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7765000 | PA      | $7567602.05   | 1.33%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Proejcet, Green Series 2020     | Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Proejcet, Green Series 2020     | CUSIP: 439241AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $429707.90    | 0.08%             | 2050-11-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2023A                      | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2023A                      | CUSIP: 546399RQ1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2329586.00   | 0.41%             | 2053-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Chester County Health and Education Facilities Authority, Pennsylvania, Revenue Bonds, Simpson Senior Services Project, Series 2015A                   | Chester County Health and Education Facilities Authority, Pennsylvania, Revenue Bonds, Simpson Senior Services Project, Series 2015A                   | CUSIP: 165579EU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $930862.80    | 0.16%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport New Terminal 1 Project | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport New Terminal 1 Project | CUSIP: 650116HL3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4764896.50   | 0.84%             | 2049-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A               | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A               | CUSIP: 74442EMY3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1780008.20   | 0.31%             | 2036-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Dickson Hollow Phase 2 Project, Series 2024                           | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Dickson Hollow Phase 2 Project, Series 2024                           | CUSIP: 97712JJW4<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    500000 | PA      | $494248.50    | 0.09%             | 2054-10-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Imagine East Mesa Charter Schools Project, Series 2019        | Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Imagine East Mesa Charter Schools Project, Series 2019        | CUSIP: 72177PCF5<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |     50000 | PA      | $43409.21     | 0.01%             | 2049-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Murphy Creek Metropolitan District 5 (In the City of Aurora, Arapahoe County, Colorado), General Obligation Limited Tax Bonds, Series 2022A and Subord | Murphy Creek Metropolitan District 5 (In the City of Aurora, Arapahoe County, Colorado), General Obligation Limited Tax Bonds, Series 2022A and Subord | CUSIP: 626657AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $933642.40    | 0.16%             | 2052-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Kirkwood Industrial Development Authority, Missouri, Retirement Community Revenue Bonds, Aberdeen Heights Project, Refunding Series 2017A              | Kirkwood Industrial Development Authority, Missouri, Retirement Community Revenue Bonds, Aberdeen Heights Project, Refunding Series 2017A              | CUSIP: 497609BE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $2610337.85   | 0.46%             | 2042-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | CUSIP: 74526YDZ5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1120000 | PA      | $474733.28    | 0.08%             | 2028-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2014C                                                        | Virgin Islands Public Finance Authority, Gross Receipts Taxes Loan Note, Refunding Series 2014C                                                        | CUSIP: 927676TP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9650000 | PA      | $9651218.80   | 1.69%             | 2030-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Kirkwood Industrial Development Authority, Missouri, Retirement Community Revenue Bonds, Aberdeen Heights Project, Refunding Series 2017A              | Kirkwood Industrial Development Authority, Missouri, Retirement Community Revenue Bonds, Aberdeen Heights Project, Refunding Series 2017A              | CUSIP: 497609BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1750000 | PA      | $1459970.93   | 0.26%             | 2050-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Atlanta Urban Residential Finance Authority Flats at Stone Hogan Multifamily Housing Revenue Bonds                                                     | Atlanta Urban Residential Finance Authority, Georgia, Flats at Stone Hogan Multifamily Housing Revenue Bonds                                           | CUSIP: 04785WAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3800000 | PA      | $3530155.16   | 0.62%             | 2044-05-01      | Fixed         | 4.37%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Educational Facilities Revenue Bonds, Lake Erie College, Series 2019A                                           | Public Finance Authority of Wisconsin, Educational Facilities Revenue Bonds, Lake Erie College, Series 2019A                                           | CUSIP: 74443DFP1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1237351.60   | 0.22%             | 2054-10-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, Hilton Head Christian Academy, Series 2020                     | South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, Hilton Head Christian Academy, Series 2020                     | CUSIP: 837031ZN6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |    600000 | PA      | $473027.04    | 0.08%             | 2055-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007TT                                                                               | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2007TT                                                                               | CUSIP: 74526YCF0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    130000 | PA      | $56780.08     | 0.01%             | 2026-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Young Audiences Charter School, Series 2019A                                            | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Young Audiences Charter School, Series 2019A                                            | CUSIP: 546399HU3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1475226.18   | 0.26%             | 2049-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, May Series 2018A                                                                                             | Illinois State, General Obligation Bonds, May Series 2018A                                                                                             | CUSIP: 452152X55<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |   4840000 | PA      | $5021710.06   | 0.88%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority, Georgia, Senior Health Care Facilities Revenue Bonds, Georgia Proton Treatment Center Project, Current Interest Series  | Atlanta Development Authority, Georgia, Senior Health Care Facilities Revenue Bonds, Georgia Proton Treatment Center Project, Current Interest Series  | CUSIP: 04781GAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7030000 | PA      | $3655600.00   | 0.64%             | 2035-01-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Green Series | Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Green Series | CUSIP: 25461PAE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8407601 | PA      | $84.08        | 0.00%             | 2038-02-15      | Fixed         | 6.95%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Jefferson Parish GOMESA Project, Se | Louisiana Local Government Environmental Facilities and Community Development Authority, Louisiana, Revenue Bonds, Jefferson Parish GOMESA Project, Se | CUSIP: 54628CJC7<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |    895000 | PA      | $751527.56    | 0.13%             | 2044-11-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D                                        | Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D                                        | CUSIP: 976595GN2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5725000 | PA      | $2037112.44   | 0.36%             | 2045-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021                                                                   | Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021                                                                   | CUSIP: 665245ZJ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $392101.22    | 0.07%             | 2039-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DK0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  14005000 | PA      | $8403000.00   | 1.48%             | 2032-07-15      | Fixed         | 12.00%                | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport Terminal One Project,  | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport Terminal One Project,  | CUSIP: 650116JQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3710000 | PA      | $3804070.39   | 0.67%             | 2059-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010                                                              | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010                                                              | CUSIP: 790103AV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1323631.38   | 0.23%             | 2040-07-01      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2008WW                                                                                     | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2008WW                                                                                     | CUSIP: 74526YEH4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    370000 | PA      | $154079.46    | 0.03%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Florida, Educational Facilities Revenue Bonds, Imagine School at Land O'Lakes Project, Series 2020A                              | Capital Trust Agency, Florida, Educational Facilities Revenue Bonds, Imagine School at Land O'Lakes Project, Series 2020A                              | CUSIP: 14054CCQ0<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    100000 | PA      | $84131.30     | 0.01%             | 2049-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority, Ohio, Exempt Facilities Revenue Bonds, AMG Vanadium Project, Series 2019                                       | Ohio Air Quality Development Authority, Ohio, Exempt Facilities Revenue Bonds, AMG Vanadium Project, Series 2019                                       | CUSIP: 67754AAF1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   7450000 | PA      | $6310186.51   | 1.11%             | 2049-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Advanced Technology Academy, Michigan, Public School Academy Revenue Bonds, Refunding Series 2019                                                      | Advanced Technology Academy, Michigan, Public School Academy Revenue Bonds, Refunding Series 2019                                                      | CUSIP: 00766SAF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1845000 | PA      | $1666541.64   | 0.29%             | 2044-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ledge Rock Center Residential Metropolitan District 1, Weld County, Colorado, Limited Tax General Obligation Bonds, Series 2024A                       | Ledge Rock Center Residential Metropolitan District 1, Weld County, Colorado, Limited Tax General Obligation Bonds, Series 2024A                       | CUSIP: 523279AA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $478834.00    | 0.08%             | 2054-12-01      | Fixed         | 6.38%                 | No            |                  2 | On Loan: No      |
| Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Mariana Bracetti Academy Project, Series 2020A                         | Philadelphia Authority for Industrial Development, Pennsylvania, Revenue Bonds, Mariana Bracetti Academy Project, Series 2020A                         | CUSIP: 71780CAE0<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |    545000 | PA      | $483880.54    | 0.08%             | 2050-06-15      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Fixed Rate Revenue Bonds, Lions Gate Project, Series 2014                                                   | New Jersey Economic Development Authority, Fixed Rate Revenue Bonds, Lions Gate Project, Series 2014                                                   | CUSIP: 64577BAQ7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1481012.70   | 0.26%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017                          | Virginia Small Business Financing Authority, Private Activity Revenue Bonds, Transform 66 P3 Project, Senior Lien Series 2017                          | CUSIP: 928097AD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8290000 | PA      | $7669063.25   | 1.35%             | 2056-12-31      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Virginia Beach Development Authority, Virginia, Residential Care Facility Revenue Bonds, Westminster Canterbury on Chesapeake Bay, Series 2023A        | Virginia Beach Development Authority, Virginia, Residential Care Facility Revenue Bonds, Westminster Canterbury on Chesapeake Bay, Series 2023A        | CUSIP: 92774NBB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1083719.30   | 0.19%             | 2053-09-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Sagebrush Farm Metropolitan District 1, Aurora, Adams County, Colorado, General Obligation Limited Tax Bonds, Series 2022A                             | Sagebrush Farm Metropolitan District 1, Aurora, Adams County, Colorado, General Obligation Limited Tax Bonds, Series 2022A                             | CUSIP: 78669HAB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5056167.00   | 0.89%             | 2052-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Hess Ranch Metropolitan District 6, Parker, Colorado, Limited Tax General Obligation Bonds, Convertible Capital Appreciation Series 2020A-2            | Hess Ranch Metropolitan District 6, Parker, Colorado, Limited Tax General Obligation Bonds, Convertible Capital Appreciation Series 2020A-2            | CUSIP: 428112AB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $12481450.80  | 2.19%             | 2049-12-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Butler County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Butler Health System Project, Series 2015A                                     | Butler County Hospital Authority, Pennsylvania, Hospital Revenue Bonds, Butler Health System Project, Series 2015A                                     | CUSIP: 123592DR5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4430000 | PA      | $3971743.08   | 0.70%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Taxable Series 2021A        | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Heritage Academy - Gateway and Laveen Pojects, Taxable Series 2021A        | CUSIP: 04052BNZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $823388.70    | 0.14%             | 2051-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Rockdale, Milam County, Texas, Special Assessment Revenue Bonds, Cornerstone Public Improvement District Improvement Area 1, Series 2023               | Rockdale, Milam County, Texas, Special Assessment Revenue Bonds, Cornerstone Public Improvement District Improvement Area 1, Series 2023               | CUSIP: 773100AA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2018641.60   | 0.35%             | 2054-09-15      | Fixed         | 7.50%                 | Yes           |                  2 | On Loan: No      |
| Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Capital Appreciation Series 2021B-2                | Golden State Tobacco Securitization Corporation, California, Tobacco Settlement Asset-Backed Bonds, Capital Appreciation Series 2021B-2                | CUSIP: 38122NB84<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  23500000 | PA      | $2257647.35   | 0.40%             | 2066-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority, Tax Increment, Revenue Senior Bonds, Miami, Miami World Center Project, Series 2024A                                         | Public Finance Authority, Wisconsin, Tax Increment Revenue Senior Bonds, World Center Project Series 2024A                                             | CUSIP: 74448EAA2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1947351.60   | 0.34%             | 2041-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DV6<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   7475000 | PA      | $7157784.92   | 1.26%             | 2053-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022                                                                        | Puerto Rico, General Obligation Bonds, Vintage CW NT Claims Taxable Series 2022                                                                        | CUSIP: 74514L3T2<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |   3908084 | PA      | $2432782.28   | 0.43%             | 2043-11-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| North Richland Hills, Texas, Special Assessment Revenue Bonds, City Point Public Improvement District Zone B Project, Series 2019                      | North Richland Hills, Texas, Special Assessment Revenue Bonds, City Point Public Improvement District Zone B Project, Series 2019                      | CUSIP: 661846AD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    110000 | PA      | $103518.42    | 0.02%             | 2050-09-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Tarrant County Cultural Education Facilities Finance Corporaton, Texas, Retirement Facility Revenue Bonds, C.C. Young Memorial Home Project, Series 20 | Tarrant County Cultural Education Facilities Finance Corporaton, Texas, Retirement Facility Revenue Bonds, C.C. Young Memorial Home Project, Series 20 | CUSIP: 87638RHT7<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |   4575000 | PA      | $2973750.00   | 0.52%             | 2048-02-15      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2023A                                                       | Chicago Board of Education, Illinois, General Obligation Bonds, Dedicated Revenues, Series 2023A                                                       | CUSIP: 167505ZG4<br>LEI: 54930099NR6T9V7LVB43 | Long             | DBT              | MUN               | US        |   4605000 | PA      | $4707866.03   | 0.83%             | 2049-12-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Ledge Rock Center Commercial Metropolitan District (In the Town of Johnstown, Weld County, Colorado), Limited Tax General Obligation Bonds, Series 202 | Ledge Rock Center Commercial Metropolitan District (In the Town of Johnstown, Weld County, Colorado), Limited Tax General Obligation Bonds, Series 202 | CUSIP: 523278AD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2055289.40   | 0.36%             | 2052-11-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | Puerto Rico Sales Tax Financing Corporation, Sales Tax Revenue Bonds, Restructured 2018A-1                                                             | CUSIP: 74529JPX7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3829000 | PA      | $3504746.50   | 0.62%             | 2058-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority, Florida, Healthcare Facilities Revenue Bonds, Preserve Project, Series 2017A                              | Lee County Industrial Development Authority, Florida, Healthcare Facilities Revenue Bonds, Preserve Project, Series 2017A                              | CUSIP: 52349EDQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $821418.73    | 0.14%             | 2037-12-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Nordic Village Public Infrastructure District 1, Weber County, Utah, Limited Tax General Obligation and Special Revenue Bonds, Series 2025             | Nordic Village Public Infrastructure District 1, Weber County, Utah, Limited Tax General Obligation and Special Revenue Bonds, Series 2025             | CUSIP: 65563BAA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2880000 | PA      | $2867844.10   | 0.50%             | 2055-03-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Virgin Islands Public Finance Authority, Revenue Bonds, Frenchman's Reef Hotel Development Hotel Occupancy Series 2024A                                | Virgin Islands Public Finance Authority, Revenue Bonds, Frenchman's Reef Hotel Development Hotel Occupancy Series 2024A                                | CUSIP: 927677AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $488316.65    | 0.09%             | 2053-04-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Sales Tax Securitization Corporation, Illinois, Sales Tax Securitzation Bonds, Second Lien Series 2020A                                                | Sales Tax Securitization Corporation, Illinois, Sales Tax Securitzation Bonds, Second Lien Series 2020A                                                | CUSIP: 79467BCY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $141867.32    | 0.02%             | 2038-01-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | CUSIP: 74526YEC5<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    345000 | PA      | $145081.33    | 0.03%             | 2031-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2007TT                                                                                     | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2007TT                                                                                     | CUSIP: 74526YDB8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   1860000 | PA      | $799744.91    | 0.14%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A               | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A               | CUSIP: 74442EMV9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1020423.80   | 0.18%             | 2036-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2013A                                                                                      | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2013A                                                                                      | CUSIP: 74526YFD2<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $3968893.13   | 0.70%             | 2036-07-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Port Beaumont Navigation District, Jefferson County, Texas, Dock and Wharf Facility Revenue Bonds, Jefferson Gulf Coast Energy Project, Series 2024A   | Port Beaumont Navigation District, Jefferson County, Texas, Dock and Wharf Facility Revenue Bonds, Jefferson Gulf Coast Energy Project, Series 2024A   | CUSIP: 73360CAR5<br>LEI: 549300G8PKBXALUKJY33 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $881557.30    | 0.15%             | 2054-01-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Memphis/Shelby County Economic Development Growth Engine Industrial Development Board, Tennessee, Tax Increment Revenue Bonds, Graceland Project, Seni | Memphis/Shelby County Economic Development Growth Engine Industrial Development Board, Tennessee, Tax Increment Revenue Bonds, Graceland Project, Seni | CUSIP: 58611YAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $665848.50    | 0.12%             | 2046-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Broadway Station Metropolitan District 2, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Series 2019 | Broadway Station Metropolitan District 2, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Series 2019 | CUSIP: 111570AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    961000 | PA      | $843825.65    | 0.15%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority, Charter School Lease Revenue Bonds, California Crosspoint Academy Project, Series 2020A                           | California Public Finance Authority, Charter School Lease Revenue Bonds, California Crosspoint Academy Project, Series 2020A                           | CUSIP: 13057KAF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1385000 | PA      | $1070816.35   | 0.19%             | 2055-07-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2021A      | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2021A      | CUSIP: 708686ER7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1260000 | PA      | $126.00       | 0.00%             | 2031-12-01      | Fixed         | 10.00%                | No            |                  3 | On Loan: No      |
| Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Pinecrest Academy-Cadence Campus Project, Series 2020A                     | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, Pinecrest Academy-Cadence Campus Project, Series 2020A                     | CUSIP: 04052BLR3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $293869.00    | 0.05%             | 2040-07-15      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| West Indian Company Limited, Virgin Island, Port Facilities Revenue Bonds, WICO Financing, Series 2022A                                                | West Indian Company Limited, Virgin Islands, Port Facilities Revenue Bonds WICO Financing Series 2022A                                                 | CUSIP: 953352AA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1400000 | PA      | $1299554.06   | 0.23%             | 2052-04-01      | Fixed         | 6.38%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2010CCC                                                                                    | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2010CCC                                                                                    | CUSIP: 74526YCQ6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2995000 | PA      | $1259041.01   | 0.22%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017                                                                      | Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017                                                                      | CUSIP: 05921PCC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000914.50   | 0.18%             | 2036-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority, Pennsylvania, Private Activity Revenue Bonds, The PennDOT Major Bridges Package One Project, Se | Pennsylvania Economic Development Financing Authority, Pennsylvania, Private Activity Revenue Bonds, The PennDOT Major Bridges Package One Project, Se | CUSIP: 70868YAY5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024951.30   | 0.18%             | 2061-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Seminole County Industrial Development Authority, Florida, Retirement Facility Revenue Bonds, Legacy Pointe At UCF Project, Series 2019A               | Seminole County Industrial Development Authority, Florida, Retirement Facility Revenue Bonds, Legacy Pointe At UCF Project, Series 2019A               | CUSIP: 81669TAD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6410000 | PA      | $5695365.77   | 1.00%             | 2054-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Limited Obligation Grant Revenue Bonds, American Dream @ Meadowlands Project, Series 2017A                      | Public Finance Authority of Wisconsin, Limited Obligation Grant Revenue Bonds, American Dream @ Meadowlands Project, Series 2017A                      | CUSIP: 74446EAA4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  14695000 | PA      | $14217412.50  | 2.50%             | 2027-08-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2008WW                                                                                     | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2008WW                                                                                     | CUSIP: 74526YED3<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |     25000 | PA      | $10425.63     | 0.00%             | 2033-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Erie County Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Series 2006A                                    | Erie County Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Series 2006A                                    | CUSIP: 295095BM4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  36150000 | PA      | $1337651.22   | 0.23%             | 2060-06-01      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Verve Metropolitan District 1, Jefferson County and the City and County of Broomfield, Colorado, General Obligation Bonds, Refunding and Improvement L | Verve Metropolitan District 1, Jefferson County and the City and County of Broomfield, Colorado, General Obligation Bonds, Refunding and Improvement L | CUSIP: 92538YAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1667651.80   | 0.29%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019                                                     | Painted Prairie Public Improvement Authority, Aurora, Colorado, Special Revenue Bonds, Series 2019                                                     | CUSIP: 69578NAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10180000 | PA      | $8667569.62   | 1.52%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Plaquemines Port, Harbor and Terminal District, Facilities Revenue Bonds, NOLA Terminal LLC Project Dock and Wharf Series 2024A                        | Plaquemines Port, Louisiana, Harbor and Terminal District Facilities Revenue Bonds NOLA Terminal LLC Project Dock and Wharf Series 2024A               | CUSIP: 727521AA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $416725.95    | 0.07%             | 2044-12-01      | Fixed         | 9.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010AAA                                                                              | CUSIP: 74526YEA9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    465000 | PA      | $195544.41    | 0.03%             | 2029-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority, Wisconsin, Toll Revenue Bonds, Georgia SR 400 Express Lanes Project, Senior Lien Series 2025                                 | Public Finance Authority, Wisconsin, Toll Revenue Bonds, Georgia SR 400 Express Lanes Project, Senior Lien Series 2025                                 | CUSIP: 74448UAD0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  13015000 | PA      | $12426830.02  | 2.18%             | 2065-12-31      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Tobacco Securitization Authority of Southern California, Tobacco Settlement Asset-Backed Bonds, San Diego County Tobacco Asset Securitization Corporat | Tobacco Securitization Authority of Southern California, Tobacco Settlement Asset-Backed Bonds, San Diego County Tobacco Asset Securitization Corporat | CUSIP: 888804AZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $3450231.00   | 0.61%             | 2046-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Capital Appreciation Series | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Capital Appreciation Series | CUSIP: 118217DA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  19235000 | PA      | $1687201.87   | 0.30%             | 2057-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Atlanta Development Authority, Georgia, Senior Health Care Facilities Revenue Bonds, Georgia Proton Treatment Center Project, Current Interest Series  | Atlanta Development Authority, Georgia, Senior Health Care Facilities Revenue Bonds, Georgia Proton Treatment Center Project, Current Interest Series  | CUSIP: 04781GAB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $650000.00    | 0.11%             | 2029-01-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| North AR-1 of Pasco Community Development District, Florida, Capital Improvement Revenue Bonds, Assessment Area 4, Series 2024                         | North AR-1 of Pasco Community Development District, Florida, Capital Improvement Revenue Bonds, Assessment Area 4, Series 2024                         | CUSIP: 65725AAP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $708801.00    | 0.12%             | 2054-05-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Chaminade University of Honolulu, Series 2015A                                 | Hawaii Department of Budget and Finance, Special Purpose Revenue Bonds, Chaminade University of Honolulu, Series 2015A                                 | CUSIP: 419800LS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1150000 | PA      | $940101.43    | 0.17%             | 2045-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| White County Development Authority, Georgia, Revenue Bonds Truett McConnell University, Series 2019                                                    | White County Development Authority, Georgia, Revenue Bonds Truett McConnell University, Series 2019                                                    | CUSIP: 96366FAB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $731063.50    | 0.13%             | 2039-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, Procure Proton Therapy Center, Senior Series 2018A                                               | Public Finance Authority of Wisconsin, Revenue Bonds, Procure Proton Therapy Center, Senior Series 2018A                                               | CUSIP: 74442PHZ1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1400000.00   | 0.25%             | 2048-07-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010B                                                             | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010B                                                             | CUSIP: 790103AX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    695000 | PA      | $740640.72    | 0.13%             | 2040-12-01      | Fixed         | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Inland Empire Tobacco Securitization Authority, California, Tobacco Settlement Asset-Backed Bonds, Series 2007C-1.Turbo Capital Appreciation           | Inland Empire Tobacco Securitization Authority, California, Tobacco Settlement Asset-Backed Bonds, Series 2007C-1.Turbo Capital Appreciation           | CUSIP: 45734TAD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $4532234.00   | 0.80%             | 2036-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Education Revenue Bonds, Corvian Community School, North Carolina Series 2023A                                  | Public Finance Authority of Wisconsin, Education Revenue Bonds, Corvian Community School, North Carolina Series 2023A                                  | CUSIP: 74442EKW9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    500000 | PA      | $479225.80    | 0.08%             | 2048-06-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Buckingham Senior Living Community, Inc. Project | New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Buckingham Senior Living Community, Inc. Project | CUSIP: 64542UFQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    445000 | PA      | $363757.55    | 0.06%             | 2036-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Student Housing Revenue Bonds, SPP - Tampa I - LLC The Henry Project, Series 2024A-1                          | Florida Development Finance Corporation, Student Housing Revenue Bonds, SPP - Tampa I - LLC The Henry Project, Series 2024A-1                          | CUSIP: 34062AAD3<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    595000 | PA      | $547032.65    | 0.10%             | 2054-06-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated Group Project, Series 2013                              | Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated Group Project, Series 2013                              | CUSIP: 628077CK3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2687217.60   | 0.47%             | 2048-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Friendship Academy of the Arts Project, Series 2019A                                       | Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Friendship Academy of the Arts Project, Series 2019A                                       | CUSIP: 60375CBA1<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |    130000 | PA      | $89465.03     | 0.02%             | 2052-12-01      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024B-1                                                    | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024B-1                                                    | CUSIP: 084538JK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1084000 | PA      | $782215.92    | 0.14%             | 2044-06-30      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Young Audiences Charter School, Series 2019A                                            | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Young Audiences Charter School, Series 2019A                                            | CUSIP: 546399HV1<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1600645.00   | 0.28%             | 2057-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Rocky Mountain Classical Academy Project, Refunding Series 2019                 | Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Rocky Mountain Classical Academy Project, Refunding Series 2019                 | CUSIP: 19645UBJ2<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   6650000 | PA      | $5626311.64   | 0.99%             | 2059-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Refunding Subordinate Lien Private Activity Series 2 | Los Angeles Department of Airports, California, Revenue Bonds, Los Angeles International Airport, Refunding Subordinate Lien Private Activity Series 2 | CUSIP: 544445SU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    615000 | PA      | $628007.99    | 0.11%             | 2039-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority, Florida, Charter School Revenue Bonds, Lee County Community Charter Schools, Series 2007A                 | Lee County Industrial Development Authority, Florida, Charter School Revenue Bonds, Lee County Community Charter Schools, Series 2007A                 | CUSIP: 52349KBG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $515255.34    | 0.09%             | 2027-06-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020B-2  | California County Tobacco Securitization Agency, Tobacco Settlement Asset-Backed Bonds, Los Angeles County Securitization Corporation, Series 2020B-2  | CUSIP: 13016NFC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1555000 | PA      | $263394.45    | 0.05%             | 2055-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2020A                                             | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2020A                                             | CUSIP: 546399PF7<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |     15000 | PA      | $12420.51     | 0.00%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Limited Obligation Grant Revenue Bonds, American Dream @ Meadowlands Project, Series 2017A                      | Public Finance Authority of Wisconsin, Limited Obligation Grant Revenue Bonds, American Dream @ Meadowlands Project, Series 2017A                      | CUSIP: 74446EAB2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1375000 | PA      | $1234062.50   | 0.22%             | 2031-08-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Corvian Community School Bonds, North Carolina, Series 2019A                      | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Corvian Community School Bonds, North Carolina, Series 2019A                      | CUSIP: 74442EEY2<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    365000 | PA      | $292358.69    | 0.05%             | 2049-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Illinois Finance Authority, Revenue Bonds, Admiral at the Lake Project, Refunding Series 2017                                                          | Illinois Finance Authority, Revenue Bonds, Admiral at the Lake Project, Refunding Series 2017                                                          | CUSIP: 45204EC55<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |  10850000 | PA      | $7646932.44   | 1.34%             | 2054-05-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Series 2025A                              | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Series 2025A                              | CUSIP: 340618DZ7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  15305000 | PA      | $13009337.24  | 2.28%             | 2057-07-01      | Fixed         | 8.25%                 | Yes           |                  2 | On Loan: No      |
| Tulsa Municipal Airport Trust, Oklahoma, Revenue Bonds, American Airlines Inc., Refunding Series 2000B                                                 | Tulsa Municipal Airport Trust, Oklahoma, Revenue Bonds, American Airlines Inc., Refunding Series 2000B                                                 | CUSIP: 899661EH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2475000 | PA      | $2474748.05   | 0.43%             | 2035-06-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Broadway Station Metropolitan District 3, Denver County, Colorado, Tax Increment Supported Revenue Bonds, Series 2023A                                 | Broadway Station Metropolitan District 3, Denver County, Colorado, Tax Increment Supported Revenue Bonds, Series 2023A                                 | CUSIP: 11157PAA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3985000 | PA      | $3985044.23   | 0.70%             | 2032-12-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor | CUSIP: 650116CW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $891294.43    | 0.16%             | 2036-08-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021                                                                   | Northern Illinois University, Auxiliary Facilities System Revenue Bonds, Series 2021                                                                   | CUSIP: 665245ZK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $726063.60    | 0.13%             | 2040-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority, Senior Living Revenue Bonds, The James, Senior Series 2024A                                                       | California Public Finance Authority, Senior Living Revenue Bonds, The James, Senior Series 2024A                                                       | CUSIP: 13057GAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4850000 | PA      | $4511919.11   | 0.79%             | 2044-06-01      | Fixed         | 6.20%                 | No            |                  2 | On Loan: No      |
| California School Finance Authority, Charter School Revenue Bonds, Arts in Action Charter Schools - Obligated Group, Series 2020A                      | California School Finance Authority, Charter School Revenue Bonds, Arts in Action Charter Schools - Obligated Group, Series 2020A                      | CUSIP: 13058TJE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1200000 | PA      | $930323.52    | 0.16%             | 2059-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A               | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A               | CUSIP: 74442EMZ0<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2815000 | PA      | $2139428.43   | 0.38%             | 2046-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017           | New Jersey Economic Development Authority, Special Facility Revenue Bonds, Port Newark Container Terminal LLC Project, Refunding Series 2017           | CUSIP: 64578CCF6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1565000 | PA      | $1470512.66   | 0.26%             | 2047-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yorkville United City Business District, Illinois, Storm Water and Water Improvement Project Revenue Bonds, Series 2007                                | Yorkville United City Business District, Illinois, Storm Water and Water Improvement Project Revenue Bonds, Series 2007                                | CUSIP: 987357AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $350000.00    | 0.06%             | 2026-01-01      | Fixed         | 4.80%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, Alabama Proton Therapy Center, Senior Series 2017B                                               | Public Finance Authority of Wisconsin, Revenue Bonds, Alabama Proton Therapy Center, Senior Series 2017B                                               | CUSIP: 74442PEX9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $10.00        | 0.00%             | 2047-10-01      | Fixed         | 8.50%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3N5<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    182567 | PA      | $159243.94    | 0.03%             | 2041-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Lake County, Florida, Educational Facilities Revenue Bonds, Imagine South Lake Charter School Project, Series 2019A                                    | Lake County, Florida, Educational Facilities Revenue Bonds, Imagine South Lake Charter School Project, Series 2019A                                    | CUSIP: 50825CAC5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1403535.38   | 0.25%             | 2049-01-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, Prime Healthcare Foundation, Inc., Series 2017A                                                  | Public Finance Authority of Wisconsin, Revenue Bonds, Prime Healthcare Foundation, Inc., Series 2017A                                                  | CUSIP: 74442PFT7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1765000 | PA      | $1791782.82   | 0.31%             | 2037-12-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Senior Revenue Bonds, Maryland Proton Treatment Center, Series 2018A-1                                          | Public Finance Authority of Wisconsin, Senior Revenue Bonds, Maryland Proton Treatment Center, Series 2018A-1                                          | CUSIP: 74442PJT3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   5885000 | PA      | $2648250.00   | 0.47%             | 2033-01-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| Arista Metropolitan District, Broomfield County, Colorado, General Obligation Limited Tax Bonds, Refunding and Improvement Series 2023B                | Arista Metropolitan District, Broomfield County, Colorado, General Obligation Limited Tax Bonds, Refunding and Improvement Series 2023B                | CUSIP: 04041AAS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1940000 | PA      | $1952385.15   | 0.34%             | 2039-12-15      | Fixed         | 8.25%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B                                                 | Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B                                                 | CUSIP: 67884XCN5<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |   4915000 | PA      | $4631064.87   | 0.81%             | 2057-08-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, CHF-Collegiate Housing Corpus Christi II, L.L.C.-Tex | New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, CHF-Collegiate Housing Corpus Christi II, L.L.C.-Tex | CUSIP: 64542REA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $126689.58    | 0.02%             | 2048-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point Public Improvement Project, Capital Appreciation Series 2016B  | Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point Public Improvement Project, Capital Appreciation Series 2016B  | CUSIP: 377450AE1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4760000 | PA      | $1236867.91   | 0.22%             | 2045-01-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Sterling Ranch Community Authority Board, Douglas County, Colorado, Limited Tax Supported and Special Revenue Bonds, Special District 3, Series 2022   | Sterling Ranch Community Authority Board, Douglas County, Colorado, Limited Tax Supported and Special Revenue Bonds, Special District 3, Series 2022   | CUSIP: 85950NAR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024344.00   | 0.18%             | 2053-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Hilliard Hickory Chase Community Authority, Ohio, Infustructure Improvement Revenue Bonds, Hickory Chase Project, Senior Series 2019A                  | Hilliard Hickory Chase Community Authority, Ohio, Infustructure Improvement Revenue Bonds, Hickory Chase Project, Senior Series 2019A                  | CUSIP: 428861AD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $820923.88    | 0.14%             | 2040-12-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Lowry Crossing, Collin County, Texas, Special Assessment Revenue Bond, Simpson Road Public Improvement District Projects, Series 2025                  | Lowry Crossing, Collin County, Texas, Special Assessment Revenue Bond, Simpson Road Public Improvement District Projects, Series 2025                  | CUSIP: 54877WAC0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $995875.00    | 0.17%             | 2045-09-15      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, 21st Century Public Academy Project, Series 2020A                                 | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, 21st Century Public Academy Project, Series 2020A                                 | CUSIP: 74446LAB6<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    750000 | PA      | $654785.25    | 0.11%             | 2040-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Lake Charles College Prep Project, Series 2019A                                         | Louisiana Publc Facilities Authority, Lousiana, Revenue Bonds, Lake Charles College Prep Project, Series 2019A                                         | CUSIP: 546399JA5<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    260000 | PA      | $218542.22    | 0.04%             | 2058-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Series 2017  | Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Series 2017  | CUSIP: 25461PAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265524 | PA      | $2.66         | 0.00%             | 2037-12-15      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Senior Series 2023E                                   | Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Senior Series 2023E                                   | CUSIP: 45528U6X4<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1005000 | PA      | $1025433.46   | 0.18%             | 2053-03-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| California Community Housing Agency, California, Essential Housing Revenue Bonds, Serenity at Larkspur Apartments, Series 2020A                        | California Community Housing Agency, California, Essential Housing Revenue Bonds, Serenity at Larkspur Apartments, Series 2020A                        | CUSIP: 13013FAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $3153709.80   | 0.55%             | 2050-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Series 2017  | Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Series 2017  | CUSIP: 25461PAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1289739 | PA      | $12.90        | 0.00%             | 2027-12-15      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3M7<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |       378 | PA      | $356.25       | 0.00%             | 2037-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build New York City Resource Corporation, New York, Revenue Bonds, Metropolitan College of New York, Series 2014                                       | Build New York City Resource Corporation, New York, Revenue Bonds, Metropolitan College of New York, Series 2014                                       | CUSIP: 12008EGH3<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    950000 | PA      | $570000.00    | 0.10%             | 2034-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Lee County Industrial Development Authority, Florida, Healthcare Facilities Revenue Bonds, Preserve Project, Series 2017A                              | Lee County Industrial Development Authority, Florida, Healthcare Facilities Revenue Bonds, Preserve Project, Series 2017A                              | CUSIP: 52349EDP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $782671.50    | 0.14%             | 2032-12-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Basis Schools, Inc. Projects, Series 2016A                        | Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Basis Schools, Inc. Projects, Series 2016A                        | CUSIP: 71885FEA1<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    600000 | PA      | $600143.34    | 0.11%             | 2035-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Tulsa County Industrial Authority, Oklahoma, Senior Living Community Revenue Bonds, Montereau, Inc Project, Refunding Series 2017                      | Tulsa County Industrial Authority, Oklahoma, Senior Living Community Revenue Bonds, Montereau, Inc Project, Refunding Series 2017                      | CUSIP: 899530BA6<br>LEI: 549300WEYXBXLGN1E271 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $950372.20    | 0.17%             | 2045-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Illinois State, General Obligation Bonds, May Series 2020                                                                                              | Illinois State, General Obligation Bonds, May Series 2020                                                                                              | CUSIP: 4521526L0<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    890000 | PA      | $925032.09    | 0.16%             | 2039-05-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A                              | Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A                              | CUSIP: 87172NAZ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2253814.75   | 0.40%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | Louisiana Publics Facilities Authority, Louisiana, Revenue Bonds, I-10 Calcasieu River Bridge Public-Private Partnership Project, Senior Lien Series 2 | CUSIP: 546399SZ0<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2031919.20   | 0.36%             | 2064-09-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Pepin Academies of Pasco County Inc., Series 2020A                      | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Pepin Academies of Pasco County Inc., Series 2020A                      | CUSIP: 34061UDU9<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |    500000 | PA      | $391477.45    | 0.07%             | 2050-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc., Refunding Series 2012                          | New Jersey Economic Development Authority, Special Facilities Revenue Bonds, Continental Airlines Inc., Refunding Series 2012                          | CUSIP: 64578CBT7<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    760000 | PA      | $761557.62    | 0.13%             | 2027-09-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Refunding Series 2022                           | Iowa Finance Authority, Iowa, Midwestern Disaster Area Revenue Bonds, Iowa Fertilizer Company Project, Refunding Series 2022                           | CUSIP: 46246SAU9<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1242288.52   | 0.22%             | 2050-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Bonds, Village East Project Areas 2B 3 and 5, Series 2022        | Wyandotte County-Kansas City Unified Government, Kansas, Sales Tax Special Obligation Bonds, Village East Project Areas 2B 3 and 5, Series 2022        | CUSIP: 98267VDL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5475000 | PA      | $5518532.27   | 0.97%             | 2041-03-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2008                                                              | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2008                                                              | CUSIP: 790103AU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $213154.50    | 0.04%             | 2038-06-01      | Fixed         | 6.10%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Uwharrie Charter Academy, North Carolina, Series 2022A                            | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, Uwharrie Charter Academy, North Carolina, Series 2022A                            | CUSIP: 74442EJH4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   3315000 | PA      | $2932532.54   | 0.51%             | 2052-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Dormitory Authority of the State of New York, General Revenue Bonds, American Musical and Dramatic Academy Inc., Series 2023A                          | Dormitory Authority of the State of New York, General Revenue Bonds, American Musical and Dramatic Academy Inc., Series 2023A                          | CUSIP: 65000BR42<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1220000 | PA      | $1220655.51   | 0.21%             | 2053-07-01      | Fixed         | 7.25%                 | Yes           |                  2 | On Loan: No      |
| Washington State Housing Finance Commission, Nonprofit Housing Revenue Bonds, Rockwood Retirement Communities Project, Series 2020A                    | Washington State Housing Finance Commission, Nonprofit Housing Revenue Bonds, Rockwood Retirement Communities Project, Series 2020A                    | CUSIP: 939783D29<br>LEI: 549300YL1HU59NREG764 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $840835.90    | 0.15%             | 2051-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point Public Improvement Project, Capital Appreciation Series 2016C  | Glen Cove Local Economic Assistance Corporation, New York, Revenue Bonds, Garvies Point Public Improvement Project, Capital Appreciation Series 2016C  | CUSIP: 377450AF8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18500000 | PA      | $15797118.55  | 2.77%             | 2055-01-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Northeast College Prep Project, Series 2020A                                               | Minneapolis, Minnesota, Charter School Lease Revenue Bonds, Northeast College Prep Project, Series 2020A                                               | CUSIP: 60375CBC7<br>LEI: 54930069TEI1INHRHS55 | Long             | DBT              | MUN               | US        |     30000 | PA      | $24541.25     | 0.00%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | CUSIP: 74446HAD1<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |  20415000 | PA      | $19394250.00  | 3.41%             | 2050-12-01      | Fixed         | 7.00%                 | Yes           |                  2 | On Loan: No      |
| California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A                  | California Statewide Communities Development Authority, California, Revenue Bonds, Loma Linda University Medical Center, Series 2018A                  | CUSIP: 13080SVN1<br>LEI: 549300KTNI2GCJNX2U48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2896164.90   | 0.51%             | 2058-12-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Talon Pointe Metropolitan District, Adams County, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Refunding & Improvement | Talon Pointe Metropolitan District, Adams County, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Refunding & Improvement | CUSIP: 874838AC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    760000 | PA      | $538963.04    | 0.09%             | 2051-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Vineyard Gardens Apartments, Senior Lien Series 2021A              | CSCDA Community Improvement Authority, California, Essential Housing Revenue Bonds, Vineyard Gardens Apartments, Senior Lien Series 2021A              | CUSIP: 126292BJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $1659349.25   | 0.29%             | 2058-10-01      | Fixed         | 3.25%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Southwest Charter Foundation Inc Projects, Series 2017A                 | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Southwest Charter Foundation Inc Projects, Series 2017A                 | CUSIP: 34061UCR7<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1600000 | PA      | $1603577.28   | 0.28%             | 2037-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Edkey Charter Schools Project, Series 2019                    | Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Edkey Charter Schools Project, Series 2019                    | CUSIP: 72177MSZ1<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $700000.00    | 0.12%             | 2051-07-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Refunding First Tier Series 2017A                                    | Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Refunding First Tier Series 2017A                                    | CUSIP: 052409DP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $503045.10    | 0.09%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Lanterns Metropolitan District 2, Castle Rock, Douglas County, Colorado, Limited Tax General Obligation Bonds, Series 2021A-3                          | Lanterns Metropolitan District 2, Castle Rock, Douglas County, Colorado, Limited Tax General Obligation Bonds, Series 2021A-3                          | CUSIP: 51654DAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $728386.30    | 0.13%             | 2050-12-01      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facilities Revenue Bonds, Terminal 6 John F Kennedy International Airport Redevelop | New York Transportation Development Corporation, New York, Special Facilities Revenue Bonds, Terminal 6 John F Kennedy International Airport Redevelop | CUSIP: 650116HW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $7741379.20   | 1.36%             | 2060-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Refunding First Tier Series 2017A                                    | Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Refunding First Tier Series 2017A                                    | CUSIP: 052409DN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504057.45    | 0.09%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Warren Academy, Macomb County, Michigan, Revenue Bonds, Public School Academy, Refunding Series 2020A                                                  | Warren Academy, Macomb County, Michigan, Revenue Bonds, Public School Academy, Refunding Series 2020A                                                  | CUSIP: 93466RAH5<br>LEI: 5493008UDWQ0IPXN1T25 | Long             | DBT              | MUN               | US        |   1810000 | PA      | $1557264.63   | 0.27%             | 2050-05-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, 21st Century Public Academy Project, Series 2020A                                 | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, 21st Century Public Academy Project, Series 2020A                                 | CUSIP: 74446LAC4<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1068228.97   | 0.19%             | 2049-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Mountain Shadows Metropolitan District, Colorado, General Obligation Limited Tax Bonds, Refunding Series 2016                                          | Mountain Shadows Metropolitan District, Colorado, General Obligation Limited Tax Bonds, Refunding Series 2016                                          | CUSIP: 62426NAE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    352000 | PA      | $351763.98    | 0.06%             | 2026-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Yorkville United City, Kendall County, Illinois, Sales Tax Revenue Bonds, Kendall Marketplace Project, Series 2007                                     | Yorkville United City, Kendall County, Illinois, Sales Tax Revenue Bonds, Kendall Marketplace Project, Series 2007                                     | CUSIP: 987360AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    708143 | PA      | $708143.27    | 0.12%             | 2026-01-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Bristol Industrial Development Board, Tennessee, State Sales Tax Revenue Bonds, Pinnacle Project, Capital Appreciation Series 2016B                    | Bristol Industrial Development Board, Tennessee, State Sales Tax Revenue Bonds, Pinnacle Project, Capital Appreciation Series 2016B                    | CUSIP: 11023PAM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $702652.30    | 0.12%             | 2031-12-01      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017A                                            | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017A                                            | CUSIP: 592250CL6<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |   2980000 | PA      | $2837081.29   | 0.50%             | 2057-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Middleton Community Development District A, Florida, Special Assessment Revenue Bonds, Series 2022                                                     | Middleton Community Development District A, Florida, Special Assessment Revenue Bonds, Series 2022                                                     | CUSIP: 596681AE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2390000 | PA      | $2458846.58   | 0.43%             | 2053-05-01      | Fixed         | 6.20%                 | Yes           |                  2 | On Loan: No      |
| Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2009A          | Ohio Air Quality Development Authority, Ohio, Pollution Control Revenue Bonds, FirstEnergy Nuclear Generation Project, Refunding Series 2009A          | CUSIP: 677525WA1<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |  16050000 | PA      | $16437768.00  | 2.89%             | 2033-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A               | Public Finance Authority of Wisconsin, Charter School Revenue Bonds, North Carolina Charter Educational Foundation Project, Series 2016A               | CUSIP: 74442EMW7<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1454103.92   | 0.26%             | 2046-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2013A                                                                                      | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2013A                                                                                      | CUSIP: 74526YFE0<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $1967666.81   | 0.35%             | 2033-07-01      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| Texas Private Activity Bond Surface Transporation Corporation, Senior Lien Revenue Bonds, NTE Mobility Partners Segments 3 LLC Segments 3C Project, Se | Texas Private Activity Bond Surface Transporation Corporation, Senior Lien Revenue Bonds, NTE Mobility Partners Segments 3 LLC Segments 3C Project, Se | CUSIP: 882667AN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4569580.00   | 0.80%             | 2058-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2013A                                                                                      | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2013A                                                                                      | CUSIP: 74526YDG7<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   3170000 | PA      | $1370218.85   | 0.24%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Wisconsin Revenue Note, KDC Agribusiness LLC Project, Series 2022B                                              | Public Finance Authority of Wisconsin, Wisconsin Revenue Note, KDC Agribusiness LLC Project, Series 2022B                                              | CUSIP: 74442PYN9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |    210000 | PA      | $21.00        | 0.00%             | 2025-12-31      | Fixed         | 15.00%                | No            |                  3 | On Loan: No      |
| Evans Farm New Communty Authority, Ohio, Community Development Charge Revenue Bonds, Evans Farm Mixed-Use Project, Series 2020                         | Evans Farm New Communty Authority, Ohio, Community Development Charge Revenue Bonds, Evans Farm Mixed-Use Project, Series 2020                         | CUSIP: 29916QAC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $105595.20    | 0.02%             | 2046-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Revenue Bonds, Roseman University of Health Sciences, Series 2020                                               | Public Finance Authority of Wisconsin, Revenue Bonds, Roseman University of Health Sciences, Series 2020                                               | CUSIP: 74442PZR9<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |     35000 | PA      | $38263.63     | 0.01%             | 2050-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| County of Lucas, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 2018A                                                      | County of Lucas, Ohio, Hospital Revenue Bonds, ProMedica Healthcare Obligated Group, Series 2018A                                                      | CUSIP: 549310WE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1200259.50   | 0.21%             | 2048-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Legacy Traditional Schools Projects, Taxable Series 2019B          | Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Legacy Traditional Schools Projects, Taxable Series 2019B          | CUSIP: 56681NEM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1101737.12   | 0.19%             | 2039-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2023A                      | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Loyola University of New Orleans Project, Refunding Series 2023A                      | CUSIP: 546399RP3<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1125933.79   | 0.20%             | 2048-10-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Public Finance Authority, Senior Living Revenue Bonds, Enso Village, Refunding Green Series 2021A                                           | California Public Finance Authority, Senior Living Revenue Bonds, Enso Village, Refunding Green Series 2021A                                           | CUSIP: 13057GAC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    320000 | PA      | $269031.81    | 0.05%             | 2051-11-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017B                                            | Metropolitan Pier and Exposition Authority, Illinois, McCormick Place Expansion Project Bonds, Series 2017B                                            | CUSIP: 592250DB7<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  29815000 | PA      | $6071568.34   | 1.07%             | 2054-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| STC Metropolitan District 2, Superior, Boulder County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Refunding First Lien Series | STC Metropolitan District 2, Superior, Boulder County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Refunding First Lien Series | CUSIP: 85780TBC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6279701.35   | 1.10%             | 2055-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Senior Series 2023E                                   | Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Senior Series 2023E                                   | CUSIP: 45528U6Y2<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026221.50   | 0.18%             | 2057-03-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| California Enterprise Development Authority, Charter School Revenue Bonds, Norton Science and Language Academy Project, Series 2020                    | California Enterprise Development Authority, Charter School Revenue Bonds, Norton Science and Language Academy Project, Series 2020                    | CUSIP: 13069AAG3<br>LEI: 549300544P6FSHU1HB46 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1512645.00   | 0.27%             | 2058-07-01      | Fixed         | 6.25%                 | Yes           |                  2 | On Loan: No      |
| South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, Palmetto Scholars Academy Project, Series 2015A                | South Carolina Jobs-Economic Development Authority, Economic Development Revenue Bonds, Palmetto Scholars Academy Project, Series 2015A                | CUSIP: 837031TQ6<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1368363.55   | 0.24%             | 2035-08-15      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Proejcet, Series 2019           | Hoover Industrial Development Board, Alabama, Environmental Improvement Revenue Bonds, United States Steel Corporation Proejcet, Series 2019           | CUSIP: 439241AA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20925000 | PA      | $20942240.11  | 3.68%             | 2049-10-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Buckingham Senior Living Community, Inc. Project | New Hope Cultural Education Facilities Finance Corporation, Texas, Retirement Facility Revenue Bonds, Buckingham Senior Living Community, Inc. Project | CUSIP: 64542UFP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     70000 | PA      | $54812.21     | 0.01%             | 2037-11-15      | Fixed         | 7.50%                 | No            |                  2 | On Loan: No      |
| Cuyahoga County, Ohio, Hospital Revenue Bonds, MetroHealth System, Series 2017                                                                         | Cuyahoga County, Ohio, Hospital Revenue Bonds, MetroHealth System, Series 2017                                                                         | CUSIP: 2322655V6<br>LEI: 549300GHDK9DGLUNJU89 | Long             | DBT              | MUN               | US        |   2865000 | PA      | $2684874.87   | 0.47%             | 2057-02-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority, Revenue Bonds, Simpson University, Series 2020A                                                                | California Municipal Finance Authority, Revenue Bonds, Simpson University, Series 2020A                                                                | CUSIP: 13048VUK2<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3779164.40   | 0.66%             | 2050-10-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority, Arizona, Educational Facilities Revenue Bonds, Ottawa University Projects, Series 2020               | Maricopa County Industrial Development Authority, Arizona, Educational Facilities Revenue Bonds, Ottawa University Projects, Series 2020               | CUSIP: 56678RAL7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    315000 | PA      | $247726.46    | 0.04%             | 2051-10-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1                             | Metropolitan Transportation Authority, New York, Transportation Revenue Bonds, Green Climate Bond Certified Series 2020C-1                             | CUSIP: 59261AG50<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   1570000 | PA      | $1570302.85   | 0.28%             | 2055-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, NCCD - College Station Properties LLC - Texas A&M Un | New Hope Cultural Education Facilities Finance Corporation, Texas, Student Housing Revenue Bonds, NCCD - College Station Properties LLC - Texas A&M Un | CUSIP: 64542RDH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4864301.00   | 0.85%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024A-3                                                    | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024A-3                                                    | CUSIP: 084538JH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4670000 | PA      | $4233348.93   | 0.74%             | 2039-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Ashwaubenon Community Development Authority, Wisconsin, Lease Revenue Bonds, Brown County Expo Center Project, Series 2019                             | Ashwaubenon Community Development Authority, Wisconsin, Lease Revenue Bonds, Brown County Expo Center Project, Series 2019                             | CUSIP: 045142DM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $2085014.00   | 0.37%             | 2054-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| James City County Economic Development Authority, Virginia, Residential Care Facility Revenue Bonds, Williamsburg Landing Inc., Series 2024A           | James City County Economic Development Authority, Virginia, Residential Care Facility Revenue Bonds, Williamsburg Landing Inc., Series 2024A           | CUSIP: 47029WEF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    440000 | PA      | $458876.04    | 0.08%             | 2053-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B                                                 | Oklahoma Development Finance Authority, Health System Revenue Bonds, OU Medicine Project, Series 2018B                                                 | CUSIP: 67884XCF2<br>LEI: 549300PXGPHUWC32DJ91 | Long             | DBT              | MUN               | US        |    975000 | PA      | $979414.90    | 0.17%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Woodbury, Minnesota, Charter School Lease Revenue Bonds, Math and Science Academy, Refunding Series 2025                                               | Woodbury, Minnesota, Charter School Lease Revenue Bonds, Math and Science Academy, Refunding Series 2025                                               | CUSIP: 979134AZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1696663.62   | 0.30%             | 2055-06-01      | Fixed         | 5.50%                 | Yes           |                  2 | On Loan: No      |
| Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Series 2021A-1                     | Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Series 2021A-1                     | CUSIP: 89386FAB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2200000 | PA      | $1804390.50   | 0.32%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated Group Project, Series 2013                              | Muskingum County, Ohio, Hospital Facilities Revenue Bonds, Genesis HealthCare System Obligated Group Project, Series 2013                              | CUSIP: 628077CV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1835032.20   | 0.32%             | 2044-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Florida, Educational Facilities Revenue Bonds, LLT  Academy South Bay Project, Series 2020A                                      | Capital Trust Agency, Florida, Educational Facilities Revenue Bonds, LLT  Academy South Bay Project, Series 2020A                                      | CUSIP: 14054CCT4<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   2483703 | PA      | $2111009.23   | 0.37%             | 2055-06-15      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Tempe Industrial Development Authority, Arizona, Revenue Bonds, Mirabella at ASU Project, Series 2017A                                                 | Tempe Industrial Development Authority, Arizona, Revenue Bonds, Mirabella at ASU Project, Series 2017A                                                 | CUSIP: 87972MAW2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2205000 | PA      | $1634968.03   | 0.29%             | 2037-10-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Scanlon, Minnesota, Health Care Facilities Revenue Bonds, Duluth Health Services Project, Refunding Series 2020                                        | Scanlon, Minnesota, Health Care Facilities Revenue Bonds, Duluth Health Services Project, Refunding Series 2020                                        | CUSIP: 80603FAN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $625099.90    | 0.11%             | 2050-03-01      | Fixed         | 3.95%                 | No            |                  2 | On Loan: No      |
| Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1      | Buckeye Tobacco Settlement Financing Authority, Ohio, Tobacco Settlement Asset-Backed Revenue Bonds, Refunding Senior Lien Series 2020A-2 Class 1      | CUSIP: 118217CX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1915000 | PA      | $1548197.64   | 0.27%             | 2048-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020C-1                                            | Build NYC Resource Corporation, New York, Revenue Bonds, Family Life Academy Charter School, Series 2020C-1                                            | CUSIP: 12008KAH5<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |   1590000 | PA      | $1235927.35   | 0.22%             | 2055-06-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A                              | Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A                              | CUSIP: 87172NBA5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3028536.00   | 0.53%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Chicago, Illinois, General Obligation Bonds, Series 2019A                                                                                              | Chicago, Illinois, General Obligation Bonds, Series 2019A                                                                                              | CUSIP: 167486E39<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4829114.50   | 0.85%             | 2049-01-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Arkansas Development Finance Authority, Arkansas, Environmental Improvement Revenue Bonds, United States Steel Corporation, Green Series 2022          | Arkansas Development Finance Authority, Arkansas, Environmental Improvement Revenue Bonds, United States Steel Corporation, Green Series 2022          | CUSIP: 04110FAA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13085000 | PA      | $12795312.49  | 2.25%             | 2052-09-01      | Fixed         | 5.45%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport New Terminal 1 Project | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport New Terminal 1 Project | CUSIP: 650116HQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    310000 | PA      | $300935.20    | 0.05%             | 2060-06-30      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| California Infrastructure and Economic Development Bank, Revenue Bonds, Brightline West Passenger Rail Project, Green Bond Series 2025A                | California Infrastructure and Economic Development Bank, Revenue Bonds, Brightline West Passenger Rail Project, Green Bond Series 2025A                | CUSIP: 13034A6B1<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2141210.16   | 0.38%             | 2065-01-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | Public Finance Authority of Wisconsin, Limited Obligation PILOT Revenue Bonds, American Dream @ Meadowlands Project, Series 2017                       | CUSIP: 74446HAC3<br>LEI: 5493004S6D3NA627K012 | Long             | DBT              | MUN               | US        |   2555000 | PA      | $2427250.00   | 0.43%             | 2042-12-01      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2020A                                             | Louisiana Public Facilities Authority, Louisiana, Revenue Bonds, Tulane University, Refunding Series 2020A                                             | CUSIP: 546399PD2<br>LEI: 549300RQIPT5S4P4M065 | Long             | DBT              | MUN               | US        |    235000 | PA      | $246190.02    | 0.04%             | 2050-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Oregon Facilities Authority Charter School Revenue Bonds, Oregon, Portland Village School Project, Series 2024                                         | Oregon Facilities Authority Charter School Revenue Bonds, Oregon, Portland Village School Project, Series 2024                                         | CUSIP: 68607AAK7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1355000 | PA      | $1225148.45   | 0.22%             | 2054-12-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| District of Columbia, Revenue Bonds, Saint Paul on Fouth Street, Inc., Series 2019A                                                                    | District of Columbia, Revenue Bonds, Saint Paul on Fouth Street, Inc., Series 2019A                                                                    | CUSIP: 25483VWE0<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   1971000 | PA      | $1570010.10   | 0.28%             | 2055-05-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Crossroads Metropolitan District 1, El Paso County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Series 2022                    | Crossroads Metropolitan District 1, El Paso County, Colorado, Limited Tax General Obligation and Special Revenue Bonds, Series 2022                    | CUSIP: 22766BAA1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1658000 | PA      | $1551129.63   | 0.27%             | 2051-12-01      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Green Series | Director of Nevada State Department of Business & Industry, Environmental Improvement Revenue Bonds, Fulcrum Sierra BioFuels LLC Project, Green Series | CUSIP: 25461PAG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1832349 | PA      | $18.32        | 0.00%             | 2038-02-15      | Fixed         | 6.75%                 | Yes           |                  2 | On Loan: No      |
| Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Refunding Second Tier Series 2017B                                   | Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Refunding Second Tier Series 2017B                                   | CUSIP: 052409EG0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $848412.29    | 0.15%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Student Housing Revenue Bonds, SPP - Tampa I - LLC The Henry Project, Series 2024B                            | Florida Development Finance Corporation, Student Housing Revenue Bonds, SPP - Tampa I - LLC The Henry Project, Series 2024B                            | CUSIP: 34062AAH4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1434166.65   | 0.25%             | 2059-06-01      | Fixed         | 6.50%                 | Yes           |                  2 | On Loan: No      |
| Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Capital Appreciation Refunding Series 2010B-1  | Metropolitan Pier and Exposition Authority, Illinois, Revenue Bonds, McCormick Place Expansion Project, Capital Appreciation Refunding Series 2010B-1  | CUSIP: 592248BB3<br>LEI: 254900I3VDCQ58UGBR15 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $4676806.25   | 0.82%             | 2044-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010XX                                                                               | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2010XX                                                                               | CUSIP: 74526YDV4<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    100000 | PA      | $41769.43     | 0.01%             | 2027-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority, Revenue Bonds, White Horse HMT Urban Renewal LLC Project, Series 2020                                       | New Jersey Economic Development Authority, Revenue Bonds, White Horse HMT Urban Renewal LLC Project, Series 2020                                       | CUSIP: 64577XBH8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   5382155 | PA      | $3725765.90   | 0.65%             | 2040-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Synergy Public Charter School Project, Series 2020            | Pima County Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Synergy Public Charter School Project, Series 2020            | CUSIP: 72177MTB3<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    380000 | PA      | $327179.05    | 0.06%             | 2050-06-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Monroe County Industrial Development Corporation, New York, Revenue Bonds, Academy of Health Sciences Charter School Project, Social Impact Series 202 | Monroe County Industrial Development Corporation, New York, Revenue Bonds, Academy of Health Sciences Charter School Project, Social Impact Series 202 | CUSIP: 61075YAH0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $361169.86    | 0.06%             | 2052-07-01      | Fixed         | 5.88%                 | Yes           |                  2 | On Loan: No      |
| Oregon Facilities Authority, Revenue Bonds, Metro East Web Academy Project, Series 2019A                                                               | Oregon Facilities Authority, Revenue Bonds, Metro East Web Academy Project, Series 2019A                                                               | CUSIP: 68608JXQ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $84503.43     | 0.01%             | 2049-06-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| California Community Housing Agency, Workforce Housing Revenue Bonds, Annadel Apartments, Series 2019A                                                 | California Community Housing Agency, Workforce Housing Revenue Bonds, Annadel Apartments, Series 2019A                                                 | CUSIP: 13013HAA8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $6485165.60   | 1.14%             | 2049-04-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DT1<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |  14150000 | PA      | $11531057.16  | 2.02%             | 2053-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Northwest Christian School Project, Series 2020A                  | Phoenix Industrial Development Authority, Arizona, Education Facility Revenue Bonds, Northwest Christian School Project, Series 2020A                  | CUSIP: 71885FGU5<br>LEI: 549300A62PWFBDWB8332 | Long             | DBT              | MUN               | US        |    280000 | PA      | $218028.52    | 0.04%             | 2055-09-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DR5<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1434894.60   | 0.25%             | 2044-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Florida, Educational Facilities Revenue Bonds, Pineapple Cove Classical Academy, Series 2019A                                    | Capital Trust Agency, Florida, Educational Facilities Revenue Bonds, Pineapple Cove Classical Academy, Series 2019A                                    | CUSIP: 14054CBJ7<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1950000 | PA      | $1819523.75   | 0.32%             | 2039-07-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| DC Metropolitan District, Denver County, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Series 2024A                     | DC Metropolitan District, Denver County, Colorado, Limited Tax General Obligation Bonds, Convertible to Unlimited Tax Series 2024A                     | CUSIP: 24024AAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $906889.10    | 0.16%             | 2054-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds World Compass Academy Project, Series 2017                        | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds World Compass Academy Project, Series 2017                        | CUSIP: 19645R6V8<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $441164.55    | 0.08%             | 2037-10-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A                                                                                | Puerto Rico Electric Power Authority, Power Revenue Bonds, Series 2013A                                                                                | CUSIP: 74526YCY9<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   2070000 | PA      | $878612.08    | 0.15%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Settler's Crossing Metropolitan District 1, Lakewood, Colorado, Limited Tax General Obligation Bonds, Series 2020A                                     | Settler's Crossing Metropolitan District 1, Lakewood, Colorado, Limited Tax General Obligation Bonds, Series 2020A                                     | CUSIP: 81782QAB2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8515000 | PA      | $7512476.26   | 1.32%             | 2050-12-01      | Fixed         | 5.12%                 | Yes           |                  2 | On Loan: No      |
| Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024A-2                                                    | Berks County Municipal Authority, Pennsylvania, Revenue Bonds, Tower Health Project, Series 2024A-2                                                    | CUSIP: 084538JF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    162000 | PA      | $169293.11    | 0.03%             | 2034-06-30      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| Roanoke County Economic Development Authority, Virginia,  Residential Care Facility Revenue Bonds, Refunding Friendship Richfield Living LLC Series 20 | Roanoke County Economic Development Authority, Virginia,  Residential Care Facility Revenue Bonds, Refunding Friendship Richfield Living LLC Series 20 | CUSIP: 76982TAG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4880000 | PA      | $4771175.02   | 0.84%             | 2058-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| Land Clearance for Redevelopment Authority of Kansas City, Missouri, Project Revenue Bonds, Convention Center Hotel Project - TIF Financing, Series 20 | Land Clearance for Redevelopment Authority of Kansas City, Missouri, Project Revenue Bonds, Convention Center Hotel Project - TIF Financing, Series 20 | CUSIP: 48504MAD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1848019.00   | 0.32%             | 2050-02-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Tempe Industrial Development Authority, Arizona, Revenue Bonds, Mirabella at ASU Project, Series 2017A                                                 | Tempe Industrial Development Authority, Arizona, Revenue Bonds, Mirabella at ASU Project, Series 2017A                                                 | CUSIP: 87972MAY8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2350000 | PA      | $1487983.81   | 0.26%             | 2052-10-01      | Fixed         | 6.12%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, American Airlines, Inc. John F Kennedy International Airpor | CUSIP: 650116BP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2999832.30   | 0.53%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RM Mead Metropolitan District, Weld County, Colorado, Limited Tax General Obligation Bonds, Series 2020A                                               | RM Mead Metropolitan District, Weld County, Colorado, Limited Tax General Obligation Bonds, Series 2020A                                               | CUSIP: 74969HAA4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1433651.70   | 0.25%             | 2050-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2017A                                                                        | Salt Lake City, Utah, Airport Revenue Bonds, International Airport Series 2017A                                                                        | CUSIP: 795576FX0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13925000 | PA      | $13840221.82  | 2.43%             | 2042-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Vail Home Partners Corporation, Colorado, Housing Facilities Revenue Bonds, Series 2025                                                                | Vail Home Partners Corporation, Colorado, Housing Facilities Revenue Bonds, Series 2025                                                                | CUSIP: 91879VAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $4662806.15   | 0.82%             | 2064-10-01      | Fixed         | 6.00%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Pepin Academies of Pasco County Inc., Series 2020A                      | Florida Development Finance Corporation, Educational Facilities Revenue Bonds, Pepin Academies of Pasco County Inc., Series 2020A                      | CUSIP: 34061UDT2<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   2315000 | PA      | $1987685.16   | 0.35%             | 2040-01-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Cultural Facilities Revenue Bonds, Stanley Project, Senior Lien Series 2025A-1                 | Colorado Educational and Cultural Facilities Authority, Cultural Facilities Revenue Bonds, Stanley Project, Senior Lien Series 2025A-1                 | CUSIP: 19645UTS3<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   6775000 | PA      | $6855722.77   | 1.20%             | 2059-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Dawson Trails Metropolitan District 1, Colorado, In The Town of Castle Rock, Limited Tax General Obligation Capital Appreciation Turbo Bonds, Series 2 | Dawson Trails Metropolitan District 1, Colorado, In The Town of Castle Rock, Limited Tax General Obligation Capital Appreciation Turbo Bonds, Series 2 | CUSIP: 23945PAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2695000 | PA      | $1678467.02   | 0.29%             | 2031-12-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Convertible Capital Appreciation Series 2021A-2           | Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Convertible Capital Appreciation Series 2021A-2           | CUSIP: 973405AH6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $5049380.80   | 0.89%             | 2051-12-01      | Fixed         | 4.62%                 | Yes           |                  2 | On Loan: No      |
| TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006                                                                                          | TSASC Inc., New York, Tobacco Asset-Backed Bonds, Series 2006                                                                                          | CUSIP: 898526FR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15700000 | PA      | $13362737.86  | 2.35%             | 2048-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Broadway Station Metropolitan District 3, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Series 2019 | Broadway Station Metropolitan District 3, Denver City and County, Colorado, General Obligation Limited Tax Bonds, Convertible to Unlimited Series 2019 | CUSIP: 111571AB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2206486.50   | 0.39%             | 2049-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Yorkville, Illinois, Special Tax Bonds, Special Service Area 2006-113 Cannoball & Beecher, Series 2007                                                 | Yorkville, Illinois, Special Tax Bonds, Special Service Area 2006-113 Cannoball & Beecher, Series 2007                                                 | CUSIP: 987361AH5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $575133.40    | 0.10%             | 2028-03-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Reno, Nevada, Subordinate Lien Sales Tax Revenue Refunding Capital Appreciation Bonds, ReTrac-Reno Transporation Rail Access Corridor Project, Series  | Reno, Nevada, Subordinate Lien Sales Tax Revenue Refunding Capital Appreciation Bonds, ReTrac-Reno Transporation Rail Access Corridor Project, Series  | CUSIP: 759861EJ2<br>LEI: 549300M4R5WWSUWY8D52 | Long             | DBT              | MUN               | US        |  19500000 | PA      | $2884863.15   | 0.51%             | 2058-07-01      | Fixed         | 0.00%                 | Yes           |                  2 | On Loan: No      |
| Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Series 2021A-1                                            | Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Series 2021A-1                                            | CUSIP: 973405AD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $2559326.00   | 0.45%             | 2051-12-01      | Fixed         | 4.12%                 | Yes           |                  2 | On Loan: No      |
| Capital Trust Agency, Florida, Educational Facilities Lease Revenue Bonds, Franklin Academy Projects, Series 2020                                      | Capital Trust Agency, Florida, Educational Facilities Lease Revenue Bonds, Franklin Academy Projects, Series 2020                                      | CUSIP: 14054DAJ6<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |    140000 | PA      | $136401.19    | 0.02%             | 2035-12-15      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | Florida Development Finance Corporation, Revenue Bonds, Brightline Florida Passenger Rail Expansion Project, Brightline Trains Florida LLC Issue, Seri | CUSIP: 340618DY0<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $1800000.00   | 0.32%             | 2059-07-15      | Fixed         | 10.00%                | Yes           |                  2 | On Loan: No      |
| Illinois Finance Authority, Solid Waste Revenue Bonds, LRS Holdings LLC Project, Series 2023B                                                          | Illinois Finance Authority, Solid Waste Revenue Bonds, LRS Holdings LLC Project, Series 2023B                                                          | CUSIP: 45202HAN3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3814629.70   | 0.67%             | 2042-09-01      | Fixed         | 7.38%                 | Yes           |                  2 | On Loan: No      |
| Allegheny Country Industrial Development Authority, Pennsylvania, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Se | Allegheny Country Industrial Development Authority, Pennsylvania, Environmental Improvement Revenue Bonds, United States Steel Corporation Project, Se | CUSIP: 017292XM0<br>LEI: 5493001680EYSTWFLS08 | Long             | DBT              | MUN               | US        |   1125000 | PA      | $1124973.00   | 0.20%             | 2042-08-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A                              | Syracuse Industrial Development Authority, New York, PILOT Revenue Bonds, Carousel Center Project, Refunding Series 2016A                              | CUSIP: 87172NBD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $2061986.51   | 0.36%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Babylon Local Development Corporation II, New York, Education Revenue Bonds, The Academy Charter School Project, Series 2023A                          | Babylon Local Development Corporation II, New York, Education Revenue Bonds, The Academy Charter School Project, Series 2023A                          | CUSIP: 05618TAA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254118.25    | 0.04%             | 2033-02-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2010XX                                                                                     | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2010XX                                                                                     | CUSIP: 74526YEF8<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $1668100.08   | 0.29%             | 2035-07-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Gateway Academy Project, Series 2019A                              | Maricopa County Industrial Development Authority, Arizona, Education Revenue Bonds, Gateway Academy Project, Series 2019A                              | CUSIP: 56681NER4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    985000 | PA      | $797794.15    | 0.14%             | 2050-01-01      | Fixed         | 5.75%                 | Yes           |                  2 | On Loan: No      |
| Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Series 2021A-1                     | Transport Metropolitan District 3, In the City of Aurora, Adams County, Colorado, General Obligation Limited Bonds, Series 2021A-1                     | CUSIP: 89386FAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $734334.30    | 0.13%             | 2051-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Suffolk Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Series 2021B-2                                      | Suffolk Tobacco Asset Securitization Corporation, New York, Tobacco Settlement Asset-Backed Bonds, Series 2021B-2                                      | CUSIP: 864809CD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $826436.00    | 0.15%             | 2066-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico Electric Power Authority, Revenue Bonds, Series 2008WW                                                                                     | Puerto Rico Electric Power Authority, Revenue Bonds, Series 2008WW                                                                                     | CUSIP: 74526YEG6<br>LEI: 5493003BRB67HF8ST418 | Long             | DBT              | MUN               | US        |    190000 | PA      | $79121.89     | 0.01%             | 2026-01-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2020A-1    | Pennsylvania Economic Development Financing Authority, Exempt Facilities Revenue Bonds, KDC Agribusiness Fairless Hills LLC Project, Series 2020A-1    | CUSIP: 708686EK2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1720000 | PA      | $172.00       | 0.00%             | 2040-12-01      | Fixed         | 10.00%                | Yes           |                  3 | On Loan: No      |
| Parterre Metropolitan District 5, Thornton, Adams County, Colorado, General Obligation Limited Tax Bonds, Series 2025A                                 | Parterre Metropolitan District 5, Thornton, Adams County, Colorado, General Obligation Limited Tax Bonds, Series 2025A                                 | CUSIP: 70211AAB1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018030.40   | 0.18%             | 2045-12-01      | Fixed         | 5.88%                 | No            |                  2 | On Loan: No      |
| New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport New Terminal 1 Project | New York Transportation Development Corporation, New York, Special Facility Revenue Bonds, John F Kennedy International Airport New Terminal 1 Project | CUSIP: 650116HR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12235000 | PA      | $11868627.82  | 2.08%             | 2060-06-30      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| California Municipal Finance Authority, Revenue Bonds, American Musical and Dramatic Academy Inc., Series 2023A                                        | California Municipal Finance Authority, Revenue Bonds, American Musical and Dramatic Academy Inc., Series 2023A                                        | CUSIP: 13048VP85<br>LEI: 5493000UQOV6R4ZWS346 | Long             | DBT              | MUN               | US        |   1505000 | PA      | $1505808.64   | 0.26%             | 2053-07-01      | Fixed         | 7.25%                 | No            |                  2 | On Loan: No      |
| Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Refunding & Improvement Capital Appreciation Series 2019A-2                    | Osceola County, Florida, Transportation Revenue Bonds, Osceola Parkway, Refunding & Improvement Capital Appreciation Series 2019A-2                    | CUSIP: 688031FK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $90370.30     | 0.02%             | 2054-10-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D                                        | Wisconsin Center District, Dedicated Tax Revenue Bonds, Supported by State Moral Obligation Junior Series 2020D                                        | CUSIP: 976595GP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5190000 | PA      | $1361835.76   | 0.24%             | 2050-12-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| New Jersey Economic Development Authority Revenue Bonds, Black Horse EHT Urban Renewal LLC Project, Series 2019A                                       | New Jersey Economic Development Authority Revenue Bonds, Black Horse EHT Urban Renewal LLC Project, Series 2019A                                       | CUSIP: 64577B7A6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $3069308.40   | 0.54%             | 2039-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Refunding Second Tier Series 2017B                                   | Austin Convention Enterprises Inc., Texas, Convention Center Hotel Revenue Bonds, Refunding Second Tier Series 2017B                                   | CUSIP: 052409ED7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    475000 | PA      | $479014.46    | 0.08%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Subordinate Series 2023F-1                            | Indianapolis Local Public Improvement Bond Bank, Indiana, Revenue Bonds, Convention Center Hotel Subordinate Series 2023F-1                            | CUSIP: 45528U7L9<br>LEI: 549300LX8ESJHDSESB87 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1080441.30   | 0.19%             | 2067-03-01      | Fixed         | 7.75%                 | No            |                  2 | On Loan: No      |
| Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017                                                                      | Baltimore, Maryland, Convention Center Hotel Revenue Bonds, Refunding Series 2017                                                                      | CUSIP: 05921PCE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $969015.60    | 0.17%             | 2039-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Belle Creek Charter School, Series 2022A                         | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Belle Creek Charter School, Series 2022A                         | CUSIP: 19645UMN1<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   3145000 | PA      | $2858726.06   | 0.50%             | 2052-03-15      | Fixed         | 5.25%                 | Yes           |                  2 | On Loan: No      |
| Johnstown North Metropolitan District 2, Johnstown, Colorado, General Obligation Bonds, Refunding & Improvement Series 2022A                           | Johnstown North Metropolitan District 2, Johnstown, Colorado, General Obligation Bonds, Refunding & Improvement Series 2022A                           | CUSIP: 47961FAA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $502596.65    | 0.09%             | 2052-08-15      | Fixed         | 7.00%                 | No            |                  2 | On Loan: No      |
| LT Ranch Community Development District, Sarasota County, Florida, Capital Improvement Revenue Bonds, Series 2019                                      | LT Ranch Community Development District, Sarasota County, Florida, Capital Improvement Revenue Bonds, Series 2019                                      | CUSIP: 54912EAC7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    690000 | PA      | $619188.27    | 0.11%             | 2040-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| Director of Nevada State Department of Business and Industry, Revenue Bonds, Brightline West Passenger Rail Project, Series 2025A                      | Director of Nevada State Department of Business and Industry, Revenue Bonds, Brightline West Passenger Rail Project, Series 2025A                      | CUSIP: 641455AB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $868113.30    | 0.15%             | 2065-01-01      | Fixed         | 9.50%                 | Yes           |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Loveland Classical Schools Project, Series 2016                  | Colorado Educational and Cultural Facilities Authority, Charter School Revenue Bonds, Loveland Classical Schools Project, Series 2016                  | CUSIP: 19645RY54<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |    500000 | PA      | $501323.10    | 0.09%             | 2036-07-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2006C                                               | District of Columbia Tobacco Settlement Corporation, Tobacco Settlement Asset-Backed Bonds, Series 2006C                                               | CUSIP: 254842BD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3335000 | PA      | $307602.72    | 0.05%             | 2055-06-15      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Municipal Electric Authority of Georgia, Plant Vogtle Units 3 & 4 Project J Bonds, Series 2019A                                                        | Municipal Electric Authority of Georgia, Plant Vogtle Units 3 & 4 Project J Bonds, Series 2019A                                                        | CUSIP: 626207X25<br>LEI: JA0WNILDDF2KUPS83B16 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2442126.00   | 0.43%             | 2049-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | Puerto Rico, General Obligation Bonds, Restructured Series 2022A-1                                                                                     | CUSIP: 74514L3J4<br>LEI: 549300X44HXPLJU48U63 | Long             | DBT              | MUN               | US        |    239593 | PA      | $260245.99    | 0.05%             | 2031-07-01      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| Bradley Heights Metropolitan District 2, Colorado Springs, El Paso County, Colorado, General Obligation Limited Tax Bonds, Series 2021A-3              | Bradley Heights Metropolitan District 2, Colorado Springs, El Paso County, Colorado, General Obligation Limited Tax Bonds, Series 2021A-3              | CUSIP: 104571AA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1495152.80   | 0.26%             | 2051-12-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| Hempstead Town Local Development Corporation, New York, Education Revenue Bonds, The Academy Charter School Project, Series 2020A                      | Hempstead Town Local Development Corporation, New York, Education Revenue Bonds, The Academy Charter School Project, Series 2020A                      | CUSIP: 424685AP0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $557816.16    | 0.10%             | 2050-02-01      | Fixed         | 5.73%                 | No            |                  2 | On Loan: No      |
| Capital Trust Agency, Florida, Senior Living Facilities Revenue Bonds, Elim Senior Housing, Inc. Project, Series 2017                                  | Capital Trust Agency, Florida, Senior Living Facilities Revenue Bonds, Elim Senior Housing, Inc. Project, Series 2017                                  | CUSIP: 140542AF8<br>LEI: 549300F49UWS7X0OGQ59 | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1341626.55   | 0.24%             | 2037-08-01      | Fixed         | 5.62%                 | Yes           |                  2 | On Loan: No      |
| Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Series 2021A-1                                            | Windler Public Improvement Authority, Aurora, Colorado, Limited Tax Supported Revenue Bonds, Series 2021A-1                                            | CUSIP: 973405AB9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1748138.80   | 0.31%             | 2036-12-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| Anderson, Indiana, Multifamily Housing Revenue Bonds, Sweet Galilee at the Wigwam Project, Series 2020A                                                | Anderson, Indiana, Multifamily Housing Revenue Bonds, Sweet Galilee at the Wigwam Project, Series 2020A                                                | CUSIP: 033889AJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    140000 | PA      | $119796.95    | 0.02%             | 2040-01-01      | Fixed         | 5.38%                 | Yes           |                  2 | On Loan: No      |
| Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010A                                                             | Saint James Parish, Louisiana, Revenue Bonds, NuStar Logistics, L.P. Project, Series 2010A                                                             | CUSIP: 790103AW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    800000 | PA      | $857283.84    | 0.15%             | 2040-10-01      | Fixed         | 6.35%                 | Yes           |                  2 | On Loan: No      |
| California Community Housing Agency, California, Essential Housing Revenue Bonds, K Street Flats, Series 2021A-2                                       | California Community Housing Agency, California, Essential Housing Revenue Bonds, K Street Flats, Series 2021A-2                                       | CUSIP: 13013FBF0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2233351.80   | 0.39%             | 2050-08-01      | Fixed         | 4.00%                 | Yes           |                  2 | On Loan: No      |
| New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment | New York Transportation Development Corporation, Special Facility Revenue Bonds, Delta Air Lines, Inc. - LaGuardia Airport Terminals C&D Redevelopment | CUSIP: 650116GP5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5028032.59   | 0.88%             | 2040-04-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| Bolingbrook, Illinois, Special Tax Bonds, Special Service Area 1, Refunding Series 2019                                                                | Bolingbrook, Illinois, Special Tax Bonds, Special Service Area 1, Refunding Series 2019                                                                | CUSIP: 09755MAE9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2714495.58   | 0.48%             | 2041-03-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, San Tab Charter Schools Project, Series 2025                               | Arizona Industrial Development Authority, Arizona, Education Revenue Bonds, San Tab Charter Schools Project, Series 2025                               | CUSIP: 04052BTQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1956669.60   | 0.34%             | 2053-02-01      | Fixed         | 6.88%                 | Yes           |                  2 | On Loan: No      |
| Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Rocky Mountain Classical Academy Project, Refunding Series 2019                 | Colorado Educational and Cultural Facilities Authority, Revenue Bonds, Rocky Mountain Classical Academy Project, Refunding Series 2019                 | CUSIP: 19645UBH6<br>LEI: 549300BJRX2FHSSZP042 | Long             | DBT              | MUN               | US        |   3520000 | PA      | $3091906.75   | 0.54%             | 2049-10-01      | Fixed         | 5.00%                 | Yes           |                  2 | On Loan: No      |
| Cleveland, Ohio, Airport Special Revenue Bonds, Continental Airlines Inc. Project, Series 1998                                                         | Cleveland, Ohio, Airport Special Revenue Bonds, Continental Airlines Inc. Project, Series 1998                                                         | CUSIP: 186347AC4<br>LEI: 549300IQSLQPCVVMKJ96 | Long             | DBT              | MUN               | US        |   2610000 | PA      | $2611534.68   | 0.46%             | 2027-09-15      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| California Statewide Financing Authority, Tobacco Settlement Asset-Backed Bonds, Pooled Tobacco Securitization Program, Series 2006A                   | California Statewide Financing Authority, Tobacco Settlement Asset-Backed Bonds, Pooled Tobacco Securitization Program, Series 2006A                   | CUSIP: 130923BM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $3555939.00   | 0.62%             | 2046-06-01      | Fixed         | 0.00%                 | No            |                  2 | On Loan: No      |
| Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint Camillus Health System Inc, Series 2019A                        | Wisconsin Health and Educational Facilities Authority, Wisconsin, Revenue Bonds, Saint Camillus Health System Inc, Series 2019A                        | CUSIP: 97712D4C7<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2591931.30   | 0.46%             | 2046-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Indiana Finance Authority, Educational Facilities Revenue Bonds, Earlham College, Refunding Series 2013A                                               | Indiana Finance Authority, Educational Facilities Revenue Bonds, Earlham College, Refunding Series 2013A                                               | CUSIP: 45506DEL5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3105000 | PA      | $3061278.50   | 0.54%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2025-07-31

**Name of Applicant:** Nuveen Municipal Credit Opportunities Fund

**Signature:** Gina Spunder

**Name of Signer:** Gina Spunder

**Title:** Director, Fund Financial Reporting