# EDGAR Filing Document

**Accession Number:** 0001424212
**File Stem:** 0001145549-23-017793
**Filing Date:** 2023-3
**Character Count:** 146654
**Document Hash:** 2012bc2284fbb87038c6ea2ee9650d18
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001145549-23-017793.hdr.sgml**: 20230323

**ACCESSION NUMBER**: 0001145549-23-017793

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 1

**CONFORMED PERIOD OF REPORT**: 20230131

**FILED AS OF DATE**: 20230323

**DATE AS OF CHANGE**: 20230323

**PERIOD START**: 20230731

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** FIRST TRUST EXCHANGE-TRADED FUND III
- **CENTRAL INDEX KEY:** 0001424212
- **IRS NUMBER:** 000000000

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-22245
- **FILM NUMBER:** 23755624

**BUSINESS ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187
- **BUSINESS PHONE:** 630-765-8000

**MAIL ADDRESS:**
- **STREET 1:** 120 EAST LIBERTY DRIVE
- **STREET 2:** SUITE 400
- **CITY:** WHEATON
- **STATE:** IL
- **ZIP:** 60187

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange-Traded Fund III
- **DATE OF NAME CHANGE:** 20160419

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** First Trust Exchange Traded Fund III
- **DATE OF NAME CHANGE:** 20080116

## Series and Classes Contracts Data

### First Trust Ultra Short Duration Municipal ETF (Series ID: S000063443)

| Class ID   | Class Name                                     | Ticker Symbol   |
|:---|:---|:---|
| C000205579 | First Trust Ultra Short Duration Municipal ETF | FUMB            |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** First Trust Exchange-Traded Fund III

- **b. Investment Company Act file number:** 811-22245

- **c. CIK number of Registrant:** 0001424212

- **d. LEI of Registrant:** 5493003Z20QMESC6XS29

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

  - **Street Address 1:** 120 East Liberty Drive, Suite 400

  - **City:** Wheaton

  - **State:** IL

  - **Foreign country:** US

  - **Zip / Postal Code:** 60187

  - **Telephone number:** 630-765-8000

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

- **a. Name of Series:** First Trust Ultra Short Duration Municipal ETF

- **b. EDGAR series identifier (if any):** S000063443

- **c. LEI of Series:** 549300KVHK7XJBQPJK48

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

- **a. Date of fiscal year-end:** 2023-07-31

- **b. Date as of which information is reported:** 2023-01-31

**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:** $364991622.11

**Total Liabilities:** $7333364.90

**Net Assets:** $357658257.21

**Cash Not Reported:** $8035606.25

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 5460.767572621092 | **1-Year:** 9128.203221801902 | **5-Year:** 851.283953360230 | **10-Year:** 1.823047089970 | **30-Year:** 4.284869770270

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

- **3-Month:** 2030.842090750354 | **1-Year:** 1895.919476726792 | **5-Year:** 1.407230710090 | **10-Year:** 0.000000000000 | **30-Year:** 0.000000000000

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000205579 | 0.64%                | 0.06%                | 0.46%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $-7602.25                | $1649278.54                                |
| Month 2  | $2482.39                 | $-436030.99                                |
| Month 3  | $52045.40                | $1061554.58                                |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| HOLLYWOOD FLA CMNTY REDEV AGY                                          | HOLLYWOOD FL CMNTY 5% 03/01/23 | CUSIP: 436150BC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    325000 | PA      | $325581.98    | 0.09%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                    | INDIANA ST FIN AUT 5% 07/01/40 | CUSIP: 45506DGY5<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1008923.40   | 0.28%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSON TENN                                                           | JACKSON TN HOSP RE 5% 04/01/23 | CUSIP: 46874TFV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |      5000 | PA      | $5019.55      | 0.00%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA STAD & EXPOSITION DIST                                       | LOUISIANA STADIUM  4% 07/03/23 | CUSIP: 546410CF6<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2402658.00   | 0.67%             | 2023-07-03      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST                                                           | LOUISIANA ST 4% 05/15/30       | CUSIP: 546415K90<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1540000 | PA      | $1547081.23   | 0.43%             | 2030-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA ST                                                           | LOUISIANA ST 5% 03/01/23       | CUSIP: 546417CQ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    480000 | PA      | $480993.74    | 0.13%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY MET SWR DIST                            | LOUISVILLE & JEFFE 4% 10/06/23 | CUSIP: 546589W81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2255000 | PA      | $2275911.52   | 0.64%             | 2023-10-06      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX                                                | LOWER COLORADO RIV 5% 05/15/23 | CUSIP: 54811BQG9<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    575000 | PA      | $578741.07    | 0.16%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX                                                | LOWER COLORADO RIV 5% 05/15/23 | CUSIP: 54811BSG7<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    280000 | PA      | $281821.74    | 0.08%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MC LEAN & WOODFORD CNTYS ILL CMNTY UNIT SCH DIST NO 5                  | MCLEAN & WOODFORD  4% 12/01/23 | CUSIP: 581850QB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1240000 | PA      | $1253261.68   | 0.35%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MCLENDON-CHISHOLM TEX                                                  | MCLENDON-CHISHOLM  4% 09/15/23 | CUSIP: 582153AP7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    265000 | PA      | $266328.34    | 0.07%             | 2023-09-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MEMPHIS TENN HEALTH EDL & HSG FAC BRD                                  | MEMPHIS TN HLTH  3.4% 12/01/23 | CUSIP: 586169FS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $500734.45    | 0.14%             | 2023-12-01      | Fixed         | 3.40%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN ATLANTA RAPID TRAN AUTH GA                                | MET ATLANTA GA RAP 4% 07/01/24 | CUSIP: 5917454F8<br>LEI: 5493006NVWO3NVLK0F49 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2043494.40   | 0.57%             | 2024-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN GOVT NASHVILLE & DAVIDSON CNTY TENN HEALTH & EDL FACS BRD | MET GOVT NASHVILLE 4% 10/01/23 | CUSIP: 592029AF9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    135000 | PA      | $135282.81    | 0.04%             | 2023-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y                                           | MET TRANSPRTN AUTH 5% 02/01/23 | CUSIP: 59261AE78<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2750000.00   | 0.77%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA EDL FACS AUTH                                      | MIAMI-DADE CNTY FL 4% 04/01/23 | CUSIP: 59333ALF6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100227.53    | 0.03%             | 2023-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA SCH BRD                                            | MIAMI-DADE CNTY FL 5% 02/01/30 | CUSIP: 59333MH81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     95000 | PA      | $95000.00     | 0.03%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH                                                 | BURKE CNTY GA DEV V/R 10/01/32 | CUSIP: 121342PU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1796468.76   | 0.50%             | 2032-10-01      | Variable      | 2.25%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE-MECKLENBERG HOSP AUTH N C                                    | CHARLOTTE-MECKLEN V/R 01/15/48 | CUSIP: 160853TL1<br>LEI: 549300XOH4JU704GMZ32 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1502895.75   | 0.42%             | 2048-01-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL TRAN AUTH                                                  | CHICAGO IL TRANSIT 5% 06/01/23 | CUSIP: 167723GV1<br>LEI: 549300CB8XLRGIPN3E12 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1510802.25   | 0.42%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU HAWAII CITY & CNTY                                            | HONOLULU CITY & CN 5% 10/01/23 | CUSIP: 438670V40<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    575000 | PA      | $584955.09    | 0.16%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA MUN PWR AGY                                                    | INDIANA ST MUNI PW 5% 01/01/24 | CUSIP: 454898VB0<br>LEI: AX0ZCCVOQ71Z4RXBL233 | Long             | DBT              | MUN               | US        |    275000 | PA      | $281336.33    | 0.08%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                    | INDIANA ST FIN AU V/R 05/01/34 | CUSIP: 45505RBN4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2250126.45   | 0.63%             | 2034-05-01      | Variable      | 3.40%                 | No            |                  2 | On Loan: No      |
| MARICOPA CNTY ARIZ INDL DEV AUTH                                       | MARICOPA CNTY AZ I 5% 07/01/23 | CUSIP: 56681NEZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $302279.55    | 0.08%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                                                            | MARYLAND ST 5% 08/01/23        | CUSIP: 574193KM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1225000 | PA      | $1241115.61   | 0.35%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                                                            | MARYLAND ST 4% 08/01/23        | CUSIP: 574193LE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1450000 | PA      | $1461948.58   | 0.41%             | 2023-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST DEPT TRANSN                                                | MARYLAND ST DEPT O 5% 10/01/23 | CUSIP: 574204P31<br>LEI: 254900MKNK0MO0Z4X426 | Long             | DBT              | MUN               | US        |   1200000 | PA      | $1221015.72   | 0.34%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST HEALTH & HIGHER EDL FACS AUTH                              | MARYLAND ST HLTH & 5% 05/15/43 | CUSIP: 574218QP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $352497.78    | 0.10%             | 2043-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH                                            | MASSACHUSETTS ST E 5% 07/01/23 | CUSIP: 57563RNK1<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1513882.65   | 0.42%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SEMINOLE CNTY FLA                                                      | SEMINOLE CNTY FL W 5% 10/01/23 | CUSIP: 816705HX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    515000 | PA      | $523744.80    | 0.15%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SHREVEPORT LA                                                          | SHREVEPORT LA WTR  5% 12/01/23 | CUSIP: 825485WD3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1175000 | PA      | $1195878.81   | 0.33%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SIOUX CITY IOWA CMNTY SCH DIST                                         | SIOUX CITY IA CMNT 3% 10/01/23 | CUSIP: 829475GF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2507446.25   | 0.70%             | 2023-10-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA EDL ENHANCEMENT FDG CORP                                  | SOUTH DAKOTA ST ED 5% 06/01/24 | CUSIP: 83754LAG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    980000 | PA      | $988101.86    | 0.28%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALA GAS SUPPLY DIST                                          | S E ALABAMA ST GAS 4% 06/01/23 | CUSIP: 84131TAN2<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |    350000 | PA      | $350731.82    | 0.10%             | 2023-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ALA GAS SUPPLY DIST                                          | S E ALABAMA ST GA V/R 06/01/49 | CUSIP: 84131TAQ5<br>LEI: 549300BL04JIB2GJZ178 | Long             | DBT              | MUN               | US        |   1095000 | PA      | $1097582.67   | 0.31%             | 2049-06-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| SOUTHEAST ENERGY AUTH ALA                                              | SOUTHEAST ENERGY A 5% 08/01/23 | CUSIP: 84136FAW7<br>LEI: 25490090A3RLJHITY273 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503483.80    | 0.14%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPLENDORA TEX INDPT SCH DIST                                           | SPLENDORA TX INDEP 5% 02/15/23 | CUSIP: 848627SD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $125115.89    | 0.03%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STAFFORD TEX ECONOMIC DEV CORP                                         | STAFFORD TX ECON D 5% 09/01/23 | CUSIP: 852516BQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    395000 | PA      | $400552.12    | 0.11%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT CNTY TEX CULTURAL ED FACS FIN CORP                             | TARRANT CNTY TX CU 4% 11/15/43 | CUSIP: 87638QGZ6<br>LEI: 549300ROY505NVTMMI25 | Long             | DBT              | MUN               | US        |    375000 | PA      | $376670.33    | 0.11%             | 2043-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                         | BLACK BELT ENERGY  4% 06/01/23 | CUSIP: 09182NBS8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    200000 | PA      | $200484.18    | 0.06%             | 2023-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                  | TENDER OPTION BON V/R 07/01/46 | CUSIP: 88033MS24<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.42%             | 2046-07-01      | Floating      | 1.86%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                  | TENDER OPTION BON V/R 01/01/25 | CUSIP: 88033UF53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.56%             | 2046-07-01      | Floating      | 1.96%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                         | BLACK BELT ENERGY  5% 06/01/23 | CUSIP: 09182TBE6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    400000 | PA      | $402282.68    | 0.11%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                         | BLACK BELT ENER 5.25% 12/01/23 | CUSIP: 09182TBU0<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    525000 | PA      | $532578.43    | 0.15%             | 2023-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| DANBURY CONN                                                           | DANBURY CT 3% 07/13/23         | CUSIP: 235866FX3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2503339.00   | 0.70%             | 2023-07-13      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| KINNELON N J                                                           | KINNELON NJ 4% 09/29/23        | CUSIP: 497062DS5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2694350 | PA      | $2714384.38   | 0.76%             | 2023-09-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                            | HOUSTON TX UTILITY 5% 05/15/23 | CUSIP: 4424354M2<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    385000 | PA      | $387827.63    | 0.11%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CALIF                                                      | LOS ANGELES CA 4% 06/29/23     | CUSIP: 544351QM4<br>LEI: 549300E7TO710PTXPJ65 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2013399.00   | 0.56%             | 2023-06-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CNTY CALIF                                                 | LOS ANGELES CNTY C 4% 06/30/23 | CUSIP: 544657HZ5<br>LEI: 254900NGUPWO7FB6II89 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2015893.80   | 0.56%             | 2023-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                                      | TENNESSEE ST ENER V/R 05/01/48 | CUSIP: 880443HZ2<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2502673.75   | 0.70%             | 2048-05-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| TOBACCO SETTLEMENT FING CORP N J                                       | TOBACCO SETTLEMENT 5% 06/01/23 | CUSIP: 888808GY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    875000 | PA      | $881466.86    | 0.25%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                            | HOUSTON TX UTILITY 5% 11/15/23 | CUSIP: 4424355L3<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    175000 | PA      | $178547.67    | 0.05%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                      | ILLINOIS ST FIN AU 5% 10/01/23 | CUSIP: 452031AA5<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    180000 | PA      | $182435.02    | 0.05%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSION TEX ECONOMIC DEV CORP                                          | MISSION TX ECON D V/R 05/01/46 | CUSIP: 605155BR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000100.40   | 0.28%             | 2046-05-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| PITTSFIELD MASS                                                        | PITTSFIELD MA 2% 02/24/23      | CUSIP: 725464EE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000370 | PA      | $2000117.75   | 0.56%             | 2023-02-24      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| EAST RAMAPO CENT SCH DIST N Y                                          | EAST RAMAPO NY CEN 3% 05/31/23 | CUSIP: 274672JE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001755.00   | 0.56%             | 2023-05-31      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ELMIRA CITY N Y SCH DIST                                               | ELMIRA CITY NY SCH 4% 06/23/23 | CUSIP: 289605ZS9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2077052.79   | 0.58%             | 2023-06-23      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE CNTY CALIF                                                   | RIVERSIDE CNTY CA 5% 06/30/23  | CUSIP: 769110CW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    710000 | PA      | $717722.67    | 0.20%             | 2023-06-30      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN DIEGO CALIF UNI SCH DIST                                           | SAN DIEGO CA UNIF  4% 06/30/23 | CUSIP: 797356EN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006289.30   | 0.28%             | 2023-06-30      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                      | ILLINOIS ST FIN AU 5% 10/01/24 | CUSIP: 452031AB3<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |    250000 | PA      | $257823.60    | 0.07%             | 2024-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS FIN AUTH                                                      | ILLINOIS ST FIN AU 6% 07/01/43 | CUSIP: 45203HTC6<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023929.00   | 0.57%             | 2043-07-01      | Fixed         | 6.00%                 | No            |                  2 | On Loan: No      |
| TOLOMATO CMNTY DEV DIST FLA                                            | TOLOMATO FL CDD 3% 05/01/23    | CUSIP: 889560DY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $700252.14    | 0.20%             | 2023-05-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| TULSA OKLA ARPTS IMPT TR                                               | TULSA OK ARPTS 5.625% 06/01/43 | CUSIP: 899647NP2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504903.35    | 0.14%             | 2043-06-01      | Fixed         | 5.62%                 | No            |                  2 | On Loan: No      |
| SAXE GOTHA-LEXINGTON PUB FACS CORP S C                                 | SAXE GOTHA-LEXINGT 2% 03/17/23 | CUSIP: 805547AM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1475000 | PA      | $1473034.56   | 0.41%             | 2023-03-17      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| SCHOOL PROJ FOR UTIL RATE REDUCTION CALIF                              | SCH PROJ FOR UTILI 4% 08/01/23 | CUSIP: 807862BB2<br>LEI: 549300J0QMD4TXHZN074 | Long             | DBT              | MUN               | US        |   1700000 | PA      | $1709686.60   | 0.48%             | 2023-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS HSG DEV AUTH                                                  | ILLINOIS ST HSG D V/R 10/01/53 | CUSIP: 45203MHY0<br>LEI: 54930053Z6M9JVHBQZ16 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1505628.30   | 0.42%             | 2053-10-01      | Variable      | 3.47%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                            | ILLINOIS ST 4% 08/01/25        | CUSIP: 452152MN8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100085.23    | 0.03%             | 2025-08-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                                                           | WISCONSIN ST TRANS 5% 07/01/25 | CUSIP: 977123S74<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101058.43    | 0.03%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST HSG FIN & DEV AUTH                                   | SOUTH CAROLINA S 2.6% 09/01/23 | CUSIP: 83712DZ33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2498942.50   | 0.70%             | 2023-09-01      | Fixed         | 2.60%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                  | TENDER OPTION BON V/R 03/01/28 | CUSIP: 88034WYH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500000.00   | 0.42%             | 2055-09-01      | Floating      |  | No            |                  2 | On Loan: No      |
| HUDSON CNTY N J IMPT AUTH                                              | HUDSON CNTY NJ IMP 3% 08/04/23 | CUSIP: 443728GC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2660000 | PA      | $2666888.07   | 0.75%             | 2023-08-04      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                            | ILLINOIS ST 5% 03/01/23        | CUSIP: 452153CJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1290000 | PA      | $1292304.97   | 0.36%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                            | ILLINOIS ST 5% 11/01/24        | CUSIP: 452152P88<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    290000 | PA      | $300391.22    | 0.08%             | 2024-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                            | ILLINOIS ST 5% 04/01/23        | CUSIP: 452152RG8<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250907.23    | 0.07%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS A & M UNIV                                                       | TEXAS ST A & M UNI 5% 05/15/23 | CUSIP: 88213ASE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1259361.38   | 0.35%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VERONA TWP N J                                                         | VERONA TWP NJ 5% 10/26/23      | CUSIP: 92505PEF4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035697.40   | 0.57%             | 2023-10-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIAN RIV CENT SCH DIST N Y PHILADELPHIA                              | INDIAN RIVER NY CE 4% 06/28/23 | CUSIP: 454354HK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2009800.60   | 0.56%             | 2023-06-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                        | NEW JERSEY ST TRAN 5% 12/15/23 | CUSIP: 646136YB1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    525000 | PA      | $535225.43    | 0.15%             | 2023-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WAPPINGERS CENT SCH DIST N Y                                           | WAPPINGERS NY CENT 4% 08/10/23 | CUSIP: 933883XZ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2095525 | PA      | $2109580.31   | 0.59%             | 2023-08-10      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                            | ILLINOIS ST 5% 05/01/23        | CUSIP: 452152XS5<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    460000 | PA      | $462494.44    | 0.13%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST                                                            | ILLINOIS ST 5.5% 07/01/24      | CUSIP: 452152ZE4<br>LEI: 54930048FV8RWPR02D67 | Long             | DBT              | MUN               | US        |    440000 | PA      | $445933.18    | 0.12%             | 2024-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| SCRANTON PA SCH DIST                                                   | SCRANTON PA SCH DI 5% 12/01/24 | CUSIP: 810827ZS7<br>LEI: 549300SDNGI3OKNOUW62 | Long             | DBT              | MUN               | US        |    785000 | PA      | $814433.26    | 0.23%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA FIN AUTH                                                          | IOWA ST FIN AUTH  V/R 01/01/42 | CUSIP: 46246YAB8<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $983567.00    | 0.28%             | 2042-01-01      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEPT TRANSN                                                  | KANSAS ST DEPT  2.75% 09/01/23 | CUSIP: 485424QD0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499955.30   | 0.42%             | 2023-09-01      | Fixed         | 2.75%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH                                                 | KANSAS ST DEV FIN  5% 04/01/29 | CUSIP: 485429T46<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |    150000 | PA      | $150598.98    | 0.04%             | 2029-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KAUFMAN CNTY TEX MUN UTIL DIST NO 5                                    | KAUFMAN CNTY TX MU 4% 03/01/23 | CUSIP: 48618LJT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $425398.99    | 0.12%             | 2023-03-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST MUN PWR AGY                                                | KENTUCKY ST MUNI P 5% 09/01/23 | CUSIP: 491501DU3<br>LEI: 2549001MTI3IE05Z7959 | Long             | DBT              | MUN               | US        |    505000 | PA      | $511717.11    | 0.14%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST PPTY & BLDGS COMMN                                         | KENTUCKY ST PROPER 5% 11/01/23 | CUSIP: 49151FNG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2542737.00   | 0.71%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA LOC GOVT ENVIRONMENTAL FACS & CMNTY DEV AUTH                 | LOUISIANA ST LOCA V/R 12/01/46 | CUSIP: 54628CG22<br>LEI: 5493004WIZ1HV87IVF85 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000484.60   | 0.28%             | 2046-12-01      | Variable      | 3.85%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA                                                         | NEW ORLEANS LA WTR 5% 12/01/29 | CUSIP: 647753KS0<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |     15000 | PA      | $15726.89     | 0.00%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                         | NEW YORK CITY NY  V/R 05/01/61 | CUSIP: 64972EYZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1869738.40   | 0.52%             | 2061-05-01      | Variable      | 0.60%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTG AGY                                                    | NEW YORK ST MTG 3.75% 04/01/23 | CUSIP: 649883YF6<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2251567.58   | 0.63%             | 2023-04-01      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTG AGY                                                    | NEW YORK ST MTG 2.25% 10/01/23 | CUSIP: 64988RGE6<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    265000 | PA      | $264092.53    | 0.07%             | 2023-10-01      | Fixed         | 2.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST MTG AGY                                                    | NEW YORK ST MTG 2.65% 10/01/23 | CUSIP: 64988RJH6<br>LEI: 549300ZQWNLLIG564027 | Long             | DBT              | MUN               | US        |    175000 | PA      | $174401.06    | 0.05%             | 2023-10-01      | Fixed         | 2.65%                 | No            |                  2 | On Loan: No      |
| NEWARK N J                                                             | NEWARK NJ 5% 10/01/23          | CUSIP: 650367PK5<br>LEI: 5493008RBPM01QHRYX34 | Long             | DBT              | MUN               | US        |    610000 | PA      | $619262.91    | 0.17%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BRAZORIA CNTY TEX MUN UTIL DIST NO 55                                  | BRAZORIA CNTY TX M 4% 09/01/23 | CUSIP: 10608MKD7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    305000 | PA      | $307048.96    | 0.09%             | 2023-09-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BRIDGEPORT CONN                                                        | BRIDGEPORT CT 5% 02/15/23      | CUSIP: 108152KG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100954.69   | 0.31%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWARD CNTY FLA                                                       | BROWARD CNTY F 5.125% 10/01/38 | CUSIP: 114894TM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2065000 | PA      | $2098317.12   | 0.59%             | 2038-10-01      | Fixed         | 5.12%                 | No            |                  2 | On Loan: No      |
| BUILD NYC RESOURCE CORP N Y                                            | BUILD NYC RESOURCE 4% 06/15/23 | CUSIP: 12008ERE8<br>LEI: 549300GROJFKMNLWEK84 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100073.93    | 0.03%             | 2023-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BURKE CNTY GA DEV AUTH                                                 | BURKE CNTY GA DEV V/R 11/01/52 | CUSIP: 121342PQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2600000 | PA      | $2600000.00   | 0.73%             | 2052-11-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| BURLINGTON KANS                                                        | BURLINGTON KS E 2.95% 12/01/23 | CUSIP: 121822AW0<br>LEI: 549300TTCJ3UTB6QDT32 | Long             | DBT              | MUN               | US        |    150000 | PA      | $149952.81    | 0.04%             | 2023-12-01      | Fixed         | 2.95%                 | No            |                  2 | On Loan: No      |
| BUTLER CNTY OHIO                                                       | BUTLER CNTY OH HOS 4% 11/15/23 | CUSIP: 123550HG3<br>LEI: 54930064OLVQO8IVR655 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151364.91    | 0.04%             | 2023-11-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA INFRASTRUCTURE & ECONOMIC DEV BK                            | CALIFORNIA ST INF V/R 01/01/50 | CUSIP: 13034A2R0<br>LEI: 549300C1OG9RDIM8ET06 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $2999951.40   | 0.84%             | 2050-01-01      | Variable      | 3.65%                 | No            |                  2 | On Loan: No      |
| TENDER OPT BD TR RCPTS / CTFS VAR STS                                  | TENDER OPTION BON V/R 11/01/25 | CUSIP: 88034WFS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1794000 | PA      | $1794000.00   | 0.50%             | 2054-05-01      | Floating      |  | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                    | INDIANA ST FIN AUT 5% 07/01/48 | CUSIP: 45506DGV1<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2017846.80   | 0.56%             | 2048-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX                                                | LOWER COLORADO RIV 5% 05/15/23 | CUSIP: 54811BTE1<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |   1135000 | PA      | $1142384.54   | 0.32%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                                      | TENNESSEE ST EN 5.25% 09/01/23 | CUSIP: 880443BQ8<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    610000 | PA      | $615284.92    | 0.17%             | 2023-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TULSA OKLA                                                             | TULSA OK 5% 03/01/23           | CUSIP: 899645B61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1315000 | PA      | $1317689.96   | 0.37%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                | MAIN STREET NATUR V/R 04/01/48 | CUSIP: 56035DAK8<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2008079.40   | 0.56%             | 2048-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MATAGORDA CNTY TEX NAV DIST NO 1                                       | MATAGORDA CNTY TX V/R 05/01/30 | CUSIP: 576528DU4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $980525.40    | 0.27%             | 2030-05-01      | Variable      | 0.90%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY ARIZ MED CTR CORP                                           | UNIV MED CTR COR 5.5% 07/01/26 | CUSIP: 914062DY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $258220.40    | 0.07%             | 2026-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY CALIF                                                       | UNIV OF CALIFORNI V/R 05/15/48 | CUSIP: 91412GST3<br>LEI: RRR42I7GG51DB5HDQR14 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1007460.20   | 0.28%             | 2048-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| METROPOLITAN TRANSN AUTH N Y                                           | MET TRANSPRTN AUTH 5% 11/15/23 | CUSIP: 59259YQ69<br>LEI: 5493000TKYODLXADQD60 | Long             | DBT              | MUN               | US        |    370000 | PA      | $374921.63    | 0.10%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY LOUISVILLE KY                                               | UNIV OF LOUISVILLE 5% 09/01/23 | CUSIP: 914391U70<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    610000 | PA      | $617795.31    | 0.17%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIVERSITY TEX                                                         | UNIV OF TEXAS TX U 5% 08/15/23 | CUSIP: 91514AFG5<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1800000 | PA      | $1826092.62   | 0.51%             | 2023-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTAH ST CHARTER SCH FIN AUTH                                           | UTAH ST CHRT SCH F 4% 04/15/23 | CUSIP: 91754TUB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105289.64    | 0.03%             | 2023-04-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA COLLEGE BLDG AUTH VA                                          | VIRGINIA CLG BLDG  5% 06/01/23 | CUSIP: 92778FKD4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100405.08    | 0.03%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA COLLEGE BLDG AUTH VA                                          | VIRGINIA CLG BLDG  5% 06/01/24 | CUSIP: 92778FKE2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $177846.06    | 0.05%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST PUB BLDG AUTH                                              | VIRGINIA ST PUBLIC 5% 08/01/23 | CUSIP: 9281725B7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    385000 | PA      | $390084.08    | 0.11%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRIDIAN MUN MGMT DIST TEX                                             | VIRIDIAN TX MUNI M 4% 12/01/23 | CUSIP: 92823PLK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $252983.05    | 0.07%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| WAUKESHA WIS                                                           | WAUKESHA WI 3% 07/01/23        | CUSIP: 943080WL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2001830.40   | 0.56%             | 2023-07-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| WAYNE CNTY MICH ARPT AUTH                                              | WAYNE CNTY MI ARPT 5% 12/01/23 | CUSIP: 944514UT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    545000 | PA      | $555362.03    | 0.16%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WICHITA KANS                                                           | WICHITA KS HLTH  5.5% 12/15/25 | CUSIP: 967249MT7<br>LEI: 549300Y20JVN3VP2V718 | Long             | DBT              | MUN               | US        |    320000 | PA      | $328207.68    | 0.09%             | 2025-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                                                           | WISCONSIN ST 5% 05/01/34       | CUSIP: 97705L8H3<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |    550000 | PA      | $553526.05    | 0.15%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                                    | WISCONSIN ST HLTH  4% 08/15/23 | CUSIP: 97712D7G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $149934.96    | 0.04%             | 2023-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR OHIO INC                                              | AMERICAN MUNI PWR- 5% 02/15/23 | CUSIP: 02765UPY4<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    135000 | PA      | $135112.19    | 0.04%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX HIGHER ED FIN CORP                                       | ARLINGTON TX HGR E 5% 08/15/23 | CUSIP: 041806VL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    240000 | PA      | $243143.93    | 0.07%             | 2023-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA                                                             | ATLANTA GA ARPT RE 5% 07/01/23 | CUSIP: 04780MD22<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1033424.58   | 0.29%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                         | BLACK BELT ENERGY V/R 12/01/48 | CUSIP: 09182RAF8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |   1955000 | PA      | $1960660.90   | 0.55%             | 2048-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                         | BLACK BELT ENERGY  4% 06/01/24 | CUSIP: 09182RAN1<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    480000 | PA      | $483188.74    | 0.14%             | 2024-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                         | BLACK BELT ENER 5.25% 06/01/24 | CUSIP: 09182TBV8<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    385000 | PA      | $393505.34    | 0.11%             | 2024-06-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CHESAPEAKE VA ECONOMIC DEV AUTH                                        | CHESAPEAKE VA ECO V/R 02/01/32 | CUSIP: 16532YAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    850000 | PA      | $845114.97    | 0.24%             | 2032-02-01      | Variable      | 1.90%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                            | CHICAGO IL 5% 01/01/24         | CUSIP: 167486L23<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    600000 | PA      | $607447.38    | 0.17%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JOHNSON CNTY IND                                                       | JOHNSON CNTY IN 5.5% 12/31/23  | CUSIP: 478412EK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2325000 | PA      | $2379216.91   | 0.67%             | 2023-12-31      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ST TPK AUTH                                                   | KENTUCKY ST TURNPI 5% 07/01/27 | CUSIP: 491552YW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    650000 | PA      | $656879.80    | 0.18%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH RURAL LIBR DIST                                         | KING CNTY WA RURAL 4% 12/01/23 | CUSIP: 494800GK5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1865000 | PA      | $1890955.21   | 0.53%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WASH                                                         | KING CNTY WA SWR R 5% 07/01/39 | CUSIP: 4952894S6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1516188.45   | 0.42%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LAKEWOOD RANCH STEWARDSHIP DIST FLA                                    | LAKEWOOD RANCH FL  5% 05/01/25 | CUSIP: 51265KDC9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    175000 | PA      | $183456.96    | 0.05%             | 2025-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LANCASTER CNTY PA SOLID WASTE MGMT AUTH                                | LANCASTER CNTY  5.25% 12/15/28 | CUSIP: 514061AN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1280482.50   | 0.36%             | 2028-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LAWRENCE KANS                                                          | LAWRENCE KS 5% 05/01/23        | CUSIP: 520121UN2<br>LEI: 5493004LLF0HG6XS2E46 | Long             | DBT              | MUN               | US        |   2045000 | PA      | $2057824.20   | 0.58%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEAWOOD KANS                                                           | LEAWOOD KS 3% 09/01/23         | CUSIP: 5223646J2<br>LEI: 5493006UYWK2VL9PZZ57 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3003528.60   | 0.84%             | 2023-09-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| LEYDEN ROCK MET DIST COLO                                              | LEYDEN ROCK MET DI 5% 12/01/23 | CUSIP: 529813AC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $254960.85    | 0.07%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONG BEACH CALIF BD FIN AUTH                                           | LONG BEACH CA B 5.25% 11/15/23 | CUSIP: 54241AAR4<br>LEI: 549300BKBZ5U7OZH3S21 | Long             | DBT              | MUN               | US        |    335000 | PA      | $339652.61    | 0.09%             | 2023-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| LONG IS PWR AUTH N Y                                                   | LONG ISLAND NY PWR 5% 09/01/23 | CUSIP: 542691EA4<br>LEI: 1R46U5SYJ63KQXF39168 | Long             | DBT              | MUN               | US        |    250000 | PA      | $253572.13    | 0.07%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISIANA STAD & EXPOSITION DIST                                       | LOUISIANA STADIUM  5% 07/01/28 | CUSIP: 546410BL4<br>LEI: 5493000QEHWDGVGH7J62 | Long             | DBT              | MUN               | US        |    125000 | PA      | $125887.83    | 0.04%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRINGFIELD ILL                                                        | SPRINGFIELD IL ELE 5% 03/01/23 | CUSIP: 850578TF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1465000 | PA      | $1467719.77   | 0.41%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS MUN GAS ACQUISITION & SUPPLY CORP I GAS SUPPLY                   | TEXAS ST MUNI G 5.25% 12/15/23 | CUSIP: 88256CAQ2<br>LEI: 6AZ7FRSNC3ZFPM0Z8L86 | Long             | DBT              | MUN               | US        |    335000 | PA      | $341077.24    | 0.10%             | 2023-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| RALEIGH-DURHAM N C ARPT AUTH                                           | RALEIGH DURHAM NC  5% 05/01/23 | CUSIP: 751073MJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $905612.13    | 0.25%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| REGIONAL TRANSN DIST COLO                                              | REGL TRANSPRTN 4.375% 06/01/39 | CUSIP: 75913THX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1006060.30   | 0.28%             | 2039-06-01      | Fixed         | 4.38%                 | No            |                  2 | On Loan: No      |
| COUNTY SQUARE REDEV CORP S C                                           | CNTY SQ REDEV CORP 5% 02/09/24 | CUSIP: 22259PBU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2554566.00   | 0.71%             | 2024-02-09      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CITY & CNTY                                                | DENVER CITY & CNTY 5% 11/15/23 | CUSIP: 249182RU2<br>LEI: MMTY7HA2MSCBUO4F7J71 | Long             | DBT              | MUN               | US        |    700000 | PA      | $713638.94    | 0.20%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DEPOSIT N Y CENT SCH DIST                                              | DEPOSIT NY CENT 3.75% 09/08/23 | CUSIP: 249595CU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2012886.80   | 0.56%             | 2023-09-08      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| DUVAL CNTY FLA SCH BRD                                                 | DUVAL CNTY FL SCH  5% 07/01/23 | CUSIP: 267169GW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504959.60    | 0.14%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JERSEY CITY N J                                                        | JERSEY CITY NJ 5% 10/26/23     | CUSIP: 476576UM3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2544621.75   | 0.71%             | 2023-10-26      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HOUSTON TEX                                                            | HOUSTON TX 5% 03/01/24         | CUSIP: 442331E59<br>LEI: 549300C64URYS0WQQY42 | Long             | DBT              | MUN               | US        |    150000 | PA      | $154193.51    | 0.04%             | 2024-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH                                                    | INDIANA ST FIN AU V/R 12/15/46 | CUSIP: 455054BJ4<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3504470.20   | 0.98%             | 2046-12-15      | Variable      | 4.50%                 | No            |                  2 | On Loan: No      |
| JACKSON TENN                                                           | JACKSON TN HOSP RE 5% 04/01/23 | CUSIP: 46874TGN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220761.27    | 0.06%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JACKSONVILLE FLA                                                       | JACKSONVILLE FL SP 5% 10/01/23 | CUSIP: 469487GN6<br>LEI: 549300XQE0JVN9WV0J40 | Long             | DBT              | MUN               | US        |    730000 | PA      | $741958.28    | 0.21%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY ASSET / LIABILITY COMMN                                       | KENTUCKY ST ASSET/ 5% 09/01/23 | CUSIP: 49118NEN1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1130000 | PA      | $1146408.73   | 0.32%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LA PORTE IND                                                           | LA PORTE IN WTRWKS 4% 07/01/23 | CUSIP: 504066CP4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100414.11    | 0.03%             | 2023-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONROEVILLE PA FIN AUTH                                                | MONROEVILLE PA F 3.5% 07/01/23 | CUSIP: 611530BQ8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    180000 | PA      | $180526.43    | 0.05%             | 2023-07-01      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                           | NEW JERSEY ST EC 5.5% 09/01/23 | CUSIP: 6459165D5<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1015869.50   | 0.28%             | 2023-09-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| NEWARK HIGHER ED FIN CORP TEX                                          | NEWARK HGR EDU FIN 4% 08/15/23 | CUSIP: 650346DJ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    130000 | PA      | $130669.37    | 0.04%             | 2023-08-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEWARK N J                                                             | NEWARK NJ 5% 10/01/23          | CUSIP: 650367PT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    340000 | PA      | $345162.93    | 0.10%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA SCH DIST                                               | PHILADELPHIA PA SC 5% 09/01/23 | CUSIP: 717883SY9<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |   1430000 | PA      | $1449020.72   | 0.41%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PIMA CNTY ARIZ INDL DEV AUTH                                           | PIMA CNTY AZ IN 5.75% 11/15/23 | CUSIP: 72178AAA0<br>LEI: 549300QDTQ25545R4K19 | Long             | DBT              | MUN               | US        |    180000 | PA      | $180846.97    | 0.05%             | 2023-11-15      | Fixed         | 5.75%                 | No            |                  2 | On Loan: No      |
| PORT NEW ORLEANS LA BRD COMMRSPORT FAC                                 | PORT NEW ORLEANS L 5% 04/01/31 | CUSIP: 734782CQ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1245000 | PA      | $1249867.83   | 0.35%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORT SEATTLE WASH                                                      | PORT OF SEATTLE WA 5% 04/01/23 | CUSIP: 735389F94<br>LEI: 549300T9UCDUJ3GZL429 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1104117.63   | 0.31%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                                        | KENTUCKY ST PUBLI V/R 04/01/48 | CUSIP: 74440DAR5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2505595.00   | 0.70%             | 2048-04-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| ADAMS & ARAPAHOE CNTYS COLO JT SCH DIST NO 28J AURORA                  | ADAMS & ARAPAHOE C 5% 12/01/23 | CUSIP: 0054823Z5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    350000 | PA      | $357586.01    | 0.10%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALACHUA CNTY FLA HEALTH FACS AUTH                                      | ALACHUA CNTY FL HL 4% 10/01/23 | CUSIP: 010684AM0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     85000 | PA      | $84704.41     | 0.02%             | 2023-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                              | COLORADO ST HLTH F 5% 05/15/48 | CUSIP: 19648FGL2<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2768432.98   | 0.77%             | 2048-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHWEST HARRIS CNTY MUN UTIL DIST NO 5 TEX                           | N W HARRIS CNTY TX 4% 05/01/23 | CUSIP: 667488XF2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $301070.73    | 0.08%             | 2023-05-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ALASKA ST                                                              | ALASKA ST 5% 08/01/23          | CUSIP: 0117703A0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $303513.96    | 0.08%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALASKA INDL DEV & EXPT AUTH                                            | ALASKA ST INDL DEV 5% 04/01/23 | CUSIP: 011903EL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $501838.35    | 0.14%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OAKLAND UNIV MICH                                                      | OAKLAND UNIV MI RE 5% 03/01/38 | CUSIP: 673588FL8<br>LEI: 549300O12XLW6O082V10 | Long             | DBT              | MUN               | US        |   1490000 | PA      | $1492300.71   | 0.42%             | 2038-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST TPK COMMN                                                      | OHIO ST TURNPIK 5.25% 02/15/39 | CUSIP: 67760HJZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1501474.35   | 0.42%             | 2039-02-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ALBUQUERQUE N MEX MET ARROYO FLOOD CTL AUTH                            | ALBUQUERQUE NM MET 5% 08/01/23 | CUSIP: 013572LM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $303886.92    | 0.08%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALDINE TEX INDPT SCH DIST                                              | ALDINE TX INDEP SC 5% 02/15/23 | CUSIP: 014393VD1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    295000 | PA      | $295275.65    | 0.08%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                                                        | PHILADELPHIA PA 5% 08/01/23    | CUSIP: 717813VG1<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    215000 | PA      | $217689.33    | 0.06%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA                                                        | PHILADELPHIA PA GA 5% 08/01/23 | CUSIP: 7178237F9<br>LEI: 549300IVFOPB4AG7UL47 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100982.94    | 0.03%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AMERICAN MUN PWR OHIO INC                                              | AMERICAN MUNI PWR- 5% 02/15/23 | CUSIP: 02765UMS0<br>LEI: EARKGGZJJEMVD66XQ486 | Long             | DBT              | MUN               | US        |    175000 | PA      | $175145.43    | 0.05%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARAPAHOE CNTY COLO SCH DIST NO 5 CHERRY CREEK                          | ARAPAHOE CNTY CO S 2% 12/15/23 | CUSIP: 038681W57<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1275000 | PA      | $1271011.29   | 0.36%             | 2023-12-15      | Fixed         | 2.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA INDL DEV AUTH                                                  | ARIZONA ST INDL DE 5% 05/01/23 | CUSIP: 04052ACM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2011631.80   | 0.56%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARLINGTON TEX                                                          | ARLINGTON TX WTR & 5% 06/01/23 | CUSIP: 04184KZL2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1020000 | PA      | $1028704.68   | 0.29%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA SCH DIST                                               | PHILADELPHIA PA SC 5% 09/01/23 | CUSIP: 717883UQ3<br>LEI: 254900HSKDHZKBZCUL90 | Long             | DBT              | MUN               | US        |    260000 | PA      | $263458.31    | 0.07%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RHODE ISLAND ST                                                        | RHODE ISLAND ST &  4% 10/15/23 | CUSIP: 76222RA28<br>LEI: 5493001B4TX233UP4J06 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1516267.65   | 0.42%             | 2023-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                         | BLACK BELT ENERGY  5% 12/01/23 | CUSIP: 09182RAE1<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    300000 | PA      | $303525.39    | 0.08%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST                                                           | MINNESOTA ST 5% 09/01/23       | CUSIP: 60412AWC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2538339.50   | 0.71%             | 2023-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORPUS CHRISTI TEX                                                     | CORPUS CHRISTI TX  5% 07/15/23 | CUSIP: 220245T46<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    700000 | PA      | $707831.81    | 0.20%             | 2023-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA                                                         | NEW ORLEANS LA WTR 5% 12/01/34 | CUSIP: 647753KT8<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |     35000 | PA      | $36696.08     | 0.01%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW ORLEANS LA                                                         | NEW ORLEANS LA WTR 5% 12/01/44 | CUSIP: 647753KU5<br>LEI: 54930084B6KHR5PR2651 | Long             | DBT              | MUN               | US        |    280000 | PA      | $293568.66    | 0.08%             | 2044-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                           | NEW YORK NY 5% 08/01/23        | CUSIP: 64966J5E2<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |    100000 | PA      | $100220.63    | 0.03%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                           | NEW YORK NY V/R 10/01/46       | CUSIP: 64966MU98<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   1965000 | PA      | $1965000.00   | 0.55%             | 2046-10-01      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y                                                           | NEW YORK NY 5% 03/01/37        | CUSIP: 64966QTH3<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2004157.00   | 0.56%             | 2037-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                         | NEW YORK CITY NY H 5% 07/01/25 | CUSIP: 64966WCV7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1630000 | PA      | $1646799.60   | 0.46%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                         | NEW YORK CITY NY H 5% 07/01/25 | CUSIP: 64966WDV6<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    250000 | PA      | $252576.63    | 0.07%             | 2025-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY HSG DEV CORP                                         | NEW YORK CITY NY  V/R 05/01/59 | CUSIP: 64972EHP7<br>LEI: 549300SQWVHKBRF8D702 | Long             | DBT              | MUN               | US        |    650000 | PA      | $645267.09    | 0.18%             | 2059-05-01      | Variable      | 1.75%                 | No            |                  2 | On Loan: No      |
| NEW YORK N Y CITY MUN WTR FIN AUTH                                     | NEW YORK CITY NY  V/R 06/15/33 | CUSIP: 64972GZW7<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.56%             | 2033-06-15      | Variable      | 1.50%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                | NEW YORK ST HSG 1.45% 05/01/23 | CUSIP: 64987DJ47<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |     65000 | PA      | $64785.82     | 0.02%             | 2023-05-01      | Fixed         | 1.45%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                | NEW YORK ST HSG 1.35% 11/01/23 | CUSIP: 64987DS96<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    180000 | PA      | $178122.47    | 0.05%             | 2023-11-01      | Fixed         | 1.35%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST HSG FIN AGY                                                | NEW YORK ST HS 2.125% 11/01/23 | CUSIP: 64987DXA7<br>LEI: 5493000LS7KCDB02O506 | Long             | DBT              | MUN               | US        |    125000 | PA      | $124315.43    | 0.03%             | 2023-11-01      | Fixed         | 2.12%                 | No            |                  2 | On Loan: No      |
| HEMPSTEAD N Y UN FREE SCH DIST                                         | HEMPSTEAD NY UN 3.75% 06/30/23 | CUSIP: 424092HM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2400000 | PA      | $2406804.48   | 0.67%             | 2023-06-30      | Fixed         | 3.75%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                           | NEW JERSEY ST ECON 5% 03/01/23 | CUSIP: 645918P98<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     50000 | PA      | $50072.70     | 0.01%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST                                                          | NEW JERSEY ST 4% 06/01/23      | CUSIP: 646039YG6<br>LEI: 213800HFVBUBETRKVY63 | Long             | DBT              | MUN               | US        |    700000 | PA      | $703501.40    | 0.20%             | 2023-06-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                        | NEW JERSEY ST T 5.25% 12/15/23 | CUSIP: 6461355T6<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    180000 | PA      | $183889.67    | 0.05%             | 2023-12-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH                                                  | NEW YORK ST DORM A 5% 03/15/23 | CUSIP: 64990AJM8<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |   1185000 | PA      | $1188744.60   | 0.33%             | 2023-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RAMSEY CNTY MINN                                                       | RAMSEY CNTY MN 5% 02/01/23     | CUSIP: 751622SB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2220000 | PA      | $2220000.00   | 0.62%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCHESTER N Y                                                          | ROCHESTER NY 2.5% 03/01/23     | CUSIP: 771694PR1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1030000 | PA      | $1029874.75   | 0.29%             | 2023-03-01      | Fixed         | 2.50%                 | No            |                  2 | On Loan: No      |
| SARASOTA CNTY FLA                                                      | SARASOTA CNTY FL U 5% 10/01/38 | CUSIP: 803321NB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    145000 | PA      | $147510.41    | 0.04%             | 2038-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NEV SCH DIST                                                | CLARK CNTY NV SCH  5% 06/15/23 | CUSIP: 181059UL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    735000 | PA      | $741744.36    | 0.21%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NEV SCH DIST                                                | CLARK CNTY NV SCH  5% 06/15/23 | CUSIP: 181059WT9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009176.00   | 0.28%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLLIER CNTY FLA EDL FACS AUTH                                         | COLLIER CNTY F 6.125% 11/01/43 | CUSIP: 19463TBC9<br>LEI: 5493003XVBWC2SNPMX57 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1540291.20   | 0.43%             | 2043-11-01      | Fixed         | 6.12%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                              | COLORADO ST HLTH F 5% 05/15/25 | CUSIP: 19648FFY5<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    635000 | PA      | $639256.34    | 0.18%             | 2025-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST                                                            | COLORADO ST COPS 5% 11/01/28   | CUSIP: 196711PQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2355000 | PA      | $2400016.30   | 0.67%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CROOK CNTY ORE SCH DIST                                                | CROOK CNTY OR SCH  5% 06/15/37 | CUSIP: 227183DC1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3531719.45   | 0.99%             | 2037-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS TEX INDPT SCH DIST                                   | CYPRESS-FAIRBANKS  5% 02/15/25 | CUSIP: 2327603F3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    965000 | PA      | $965898.13    | 0.27%             | 2025-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS CNTY TEX UTIL & RECLAMATION DIST                                | DALLAS CNTY TX UTI 5% 02/15/23 | CUSIP: 234839NX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1100905.96   | 0.31%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FOX POINT & BAYSIDE WIS JT SCH DIST NO 2                               | FOX POINT & BAYS 3.5% 09/05/23 | CUSIP: 351478FW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1650000 | PA      | $1656421.31   | 0.46%             | 2023-09-05      | Fixed         | 3.50%                 | No            |                  2 | On Loan: No      |
| FRANKLIN CNTY OHIO                                                     | FRANKLIN CNTY OH  V/R 12/01/46 | CUSIP: 353202FK5<br>LEI: 549300VCBUC1RZE7KL42 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499882.10   | 0.42%             | 2046-12-01      | Variable      | 2.50%                 | No            |                  2 | On Loan: No      |
| GLENDALE ARIZ                                                          | GLENDALE AZ TRANSP 5% 07/01/23 | CUSIP: 378325BE3<br>LEI: 5493002BC35ZY7XRQ949 | Long             | DBT              | MUN               | US        |    180000 | PA      | $181942.61    | 0.05%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GOLDEN ST TOB SECURITIZATION CORP CALIF                                | GOLDEN ST TOBACCO  5% 06/01/23 | CUSIP: 38122NYX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    425000 | PA      | $428782.93    | 0.12%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAND FORKS N D                                                        | GRAND FORKS ND HLT 5% 12/01/23 | CUSIP: 38546WCU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     50000 | PA      | $50764.46     | 0.01%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREATER ORLANDO AVIATION AUTH ORLANDO FLA                              | GTR ORLANDO FL AVI 5% 10/01/23 | CUSIP: 392274K70<br>LEI: 549300CP6PUG5S184F61 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101306.48    | 0.03%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAMDEN CONN                                                            | HAMDEN CT 5% 08/15/23          | CUSIP: 4067924Q1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     30000 | PA      | $30376.91     | 0.01%             | 2023-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TEX CULTURAL ED FACS FIN CORP                              | HARRIS CNTY TX CUL 5% 11/15/23 | CUSIP: 414008BW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1265000 | PA      | $1288253.86   | 0.36%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUISVILLE & JEFFERSON CNTY KY METRO GOVT                              | LOUISVILLE & JEFF V/R 10/01/47 | CUSIP: 54659LCC6<br>LEI: 5493006Y7F6PDF56ZN56 | Long             | DBT              | MUN               | US        |   1595000 | PA      | $1610369.10   | 0.45%             | 2047-10-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER ALA GAS DIST ALA                                                 | LOWER AL GAS DIST V/R 12/01/50 | CUSIP: 547804AM6<br>LEI: 549300YTI1NTDG2OVU42 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1160536.03   | 0.32%             | 2050-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                | MAIN STREET NATURA 5% 06/01/24 | CUSIP: 56035DDY5<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $510090.35    | 0.14%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                           | MASSACHUSETTS ST 6.5% 11/15/43 | CUSIP: 57583UXN3<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   1025000 | PA      | $1054891.05   | 0.29%             | 2043-11-15      | Fixed         | 6.50%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY                                           | MASSACHUSETTS S 5.25% 11/15/41 | CUSIP: 57584VAH8<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |    250000 | PA      | $255509.25    | 0.07%             | 2041-11-15      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH                                             | MASSACHUSETTS ST P 5% 07/01/23 | CUSIP: 575896RY3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    500000 | PA      | $504918.10    | 0.14%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                                    | MIAMI-DADE CNTY 6.25% 10/01/38 | CUSIP: 59335KBN6<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2559204.75   | 0.72%             | 2038-10-01      | Fixed         | 6.25%                 | No            |                  2 | On Loan: No      |
| MIAMI-DADE CNTY FLA                                                    | MIAMI-DADE CNTY FL 5% 10/01/25 | CUSIP: 59335KEG8<br>LEI: 549300QG0NBD9HULR263 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1054650.70   | 0.29%             | 2025-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MIAMI FLA                                                              | MIAMI FL SPL OBLG 5% 03/01/30  | CUSIP: 593490MK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2003992.60   | 0.56%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HSG DEV AUTH                                               | MICHIGAN ST HSG  0.3% 06/01/23 | CUSIP: 594654MZ5<br>LEI: 549300NSWW1HVXE93T03 | Long             | DBT              | MUN               | US        |    300000 | PA      | $296960.40    | 0.08%             | 2023-06-01      | Fixed         | 0.30%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST HOSP FIN AUTH                                              | MICHIGAN ST HOSP F 5% 11/01/23 | CUSIP: 59465HVP8<br>LEI: 54930011MIBQ2P7ZNM19 | Long             | DBT              | MUN               | US        |    560000 | PA      | $570368.85    | 0.16%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WIS                                                          | MILWAUKEE WI 4% 03/15/25       | CUSIP: 602366TY2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    410000 | PA      | $421455.40    | 0.12%             | 2025-03-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WIS                                                          | MILWAUKEE WI 5% 02/01/23       | CUSIP: 602366XZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    910000 | PA      | $910000.00    | 0.25%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WIS                                                          | MILWAUKEE WI 5% 04/01/23       | CUSIP: 602366YE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    380000 | PA      | $381264.34    | 0.11%             | 2023-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY OHIO                                                   | MONTGOMERY CNTY OH 5% 08/01/23 | CUSIP: 613520MM4<br>LEI: 549300C25B8ARYXG3V33 | Long             | DBT              | MUN               | US        |    280000 | PA      | $282987.96    | 0.08%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK                                                     | MISSISSIPPI ST  6.75% 12/01/26 | CUSIP: 60534TPZ2<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    400000 | PA      | $411999.64    | 0.12%             | 2026-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI DEV BK                                                     | MISSISSIPPI ST  6.75% 12/01/32 | CUSIP: 60534TQF5<br>LEI: 549300122LOI8CB50V38 | Long             | DBT              | MUN               | US        |    100000 | PA      | $102940.02    | 0.03%             | 2032-12-01      | Fixed         | 6.75%                 | No            |                  2 | On Loan: No      |
| MISSISSIPPI HOSP EQUIP & FACS AUTH                                     | MISSISSIPPI ST HO V/R 09/01/36 | CUSIP: 605360UC8<br>LEI: 549300DW2GVUIGE04396 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1999832.00   | 0.56%             | 2036-09-01      | Variable      | 3.15%                 | No            |                  2 | On Loan: No      |
| MOUNT VERNON ILL                                                       | MOUNT VERNON IL 4% 12/15/23    | CUSIP: 623385EU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1805000 | PA      | $1827096.99   | 0.51%             | 2023-12-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                           | NEW JERSEY ST ECON 5% 11/01/23 | CUSIP: 64577XDH6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    630000 | PA      | $640534.48    | 0.18%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                           | NEW JERSEY ST ECON 5% 06/15/23 | CUSIP: 64578EHZ3<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |     25000 | PA      | $25215.46     | 0.01%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                           | NEW JERSEY ST ECON 5% 07/01/23 | CUSIP: 64578JAY2<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009130.70   | 0.28%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH                                | NEW JERSEY ST HGR  5% 12/01/23 | CUSIP: 646080VQ1<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    255000 | PA      | $259320.08    | 0.07%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSN TR FD AUTH                                        | NEW JERSEY ST TR 5.5% 12/15/23 | CUSIP: 646136EK3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |    565000 | PA      | $578413.95    | 0.16%             | 2023-12-15      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| PORT AUTH N Y & N J                                                    | PORT AUTH OF NEW Y 5% 09/15/23 | CUSIP: 73358WR30<br>LEI: 54930006MR4KZ4W74Z83 | Long             | DBT              | MUN               | US        |    580000 | PA      | $586719.13    | 0.16%             | 2023-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                                        | KENTUCKY ST PUBLIC 4% 12/01/23 | CUSIP: 74440DBM5<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2512789.75   | 0.70%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| KENTUCKY INC KY PUB ENERGY AUTH                                        | KENTUCKY ST PUBLI V/R 12/01/49 | CUSIP: 74440DBR4<br>LEI: 549300XEJZWHYSY4SL55 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165491.32    | 0.05%             | 2049-12-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PUBLIC FIN AUTH WIS                                                    | PUBLIC FIN AUTH WI 4% 07/01/23 | CUSIP: 74442EGJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |     65000 | PA      | $65042.35     | 0.02%             | 2023-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SALT VERDE FINL CORP SR GAS                                            | SALT VERDE AZ F 5.25% 12/01/23 | CUSIP: 79575EAJ7<br>LEI: 549300VEWOZY6TQOIF03 | Long             | DBT              | MUN               | US        |    520000 | PA      | $526438.48    | 0.15%             | 2023-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| ATLANTIC CNTY N J                                                      | ATLANTIC CNTY NJ 3% 03/15/23   | CUSIP: 048483P47<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1352000 | PA      | $1352884.07   | 0.38%             | 2023-03-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| BEXAR CNTY TEX HOSP DIST                                               | BEXAR CNTY TX HOSP 5% 02/15/23 | CUSIP: 088365KJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1236108.41   | 0.35%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX                                                | LOWER COLORADO RIV 5% 05/15/23 | CUSIP: 54811BYW5<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    500000 | PA      | $503253.10    | 0.14%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MANKATO MINN                                                           | MANKATO MN 5% 02/01/23         | CUSIP: 563657UT0<br>LEI: 5493003B18DJ507ZEG20 | Long             | DBT              | MUN               | US        |    305000 | PA      | $305000.00    | 0.09%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARGATE CITY N J                                                       | MARGATE CITY NJ 4.5% 11/29/23  | CUSIP: 566591TY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029999.60   | 0.57%             | 2023-11-29      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| MONROEVILLE PA FIN AUTH                                                | MONROEVILLE PA FIN 5% 02/15/23 | CUSIP: 611530CY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235182.27    | 0.07%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEWARK N J                                                             | NEWARK NJ 4% 09/29/23          | CUSIP: 650367SF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3016416.00   | 0.84%             | 2023-09-29      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| OCEAN CITY N J                                                         | OCEAN CITY NJ 4.5% 10/17/23    | CUSIP: 674684SW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2532422.50   | 0.71%             | 2023-10-17      | Fixed         | 4.50%                 | No            |                  2 | On Loan: No      |
| ONALASKA WIS SCH DIST                                                  | ONALASKA WI SCH DI 4% 07/26/23 | CUSIP: 682225KF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1002663.20   | 0.28%             | 2023-07-26      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| PALM BEACH CNTY FLA SCH BRD                                            | PALM BEACH CNTY FL 5% 08/01/23 | CUSIP: 696550H96<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    750000 | PA      | $759232.13    | 0.21%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLAIN CITY OHIO                                                        | PLAIN CITY OH 4% 09/28/23      | CUSIP: 726136AM6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2517043.75   | 0.70%             | 2023-09-28      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| SCHAUMBURG ILL                                                         | SCHAUMBURG IL 4% 12/01/23      | CUSIP: 806347PH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2525707.50   | 0.71%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                                      | TENNESSEE ST EN 5.25% 09/01/24 | CUSIP: 880443BR6<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    910000 | PA      | $929170.52    | 0.26%             | 2024-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| TENNESSEE ENERGY ACQUISITION CORP                                      | TENNESSEE ST ENERG 5% 02/01/23 | CUSIP: 880443EB8<br>LEI: 549300OJ2Z8PGEY46K92 | Long             | DBT              | MUN               | US        |    860000 | PA      | $860000.00    | 0.24%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRIBOROUGH BRDG & TUNL AUTH N Y                                        | TRIBOROUGH NY BRID 5% 08/15/24 | CUSIP: 89602HDT1<br>LEI: 54930020ZN4LQF7K3456 | Long             | DBT              | MUN               | US        |   1155000 | PA      | $1197979.28   | 0.33%             | 2024-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRINITY RIVER AUTH TEX                                                 | TRINITY RIVER TX A 5% 02/01/23 | CUSIP: 896575GG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    220000 | PA      | $220000.00    | 0.06%             | 2023-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST HEALTH & EDL FACS AUTH                                    | WISCONSIN ST HLTH  3% 09/15/23 | CUSIP: 97712JBW2<br>LEI: 549300ISNGXS0VHGVD41 | Long             | DBT              | MUN               | US        |    165000 | PA      | $163926.21    | 0.05%             | 2023-09-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CLOVERLEAF OHIO LOC SCH DIST                                           | CLOVERLEAF OH LOCA 3% 12/01/23 | CUSIP: 18925PFM5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    555000 | PA      | $556956.76    | 0.16%             | 2023-12-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| CONSOLIDATED WYO MUNICIPALTIES ELEC PWR SYS JT PWRS BRD                | CONSOL MUNI ELEC P 5% 06/01/23 | CUSIP: 210295EE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    470000 | PA      | $473728.93    | 0.13%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH WALES PA WTR AUTH                                                | NORTH WALES PA WTR 3% 11/01/23 | CUSIP: 663226NC8<br>LEI: 549300LB2D3CWYPTQR04 | Long             | DBT              | MUN               | US        |   1340000 | PA      | $1344022.68   | 0.38%             | 2023-11-01      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| NORTHERN ARIZ UNIV                                                     | NTHRN AZ UNIV 5% 06/01/23      | CUSIP: 6647543B2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $151180.10    | 0.04%             | 2023-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                           | OHIO ST AIR QUALI V/R 07/01/28 | CUSIP: 677525WK9<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |    500000 | PA      | $485514.10    | 0.14%             | 2028-07-01      | Variable      | 2.10%                 | No            |                  2 | On Loan: No      |
| OHIO ST HOSP FAC REV ACTING BY AND THROUGH THE OHIO DEV FING COMMN     | OHIO ST HOSP FAC R 5% 01/01/24 | CUSIP: 677561KA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    645000 | PA      | $659448.52    | 0.18%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA N Y CIVIC DEV CORP                                            | ONONDAGA NY CIVIC  5% 07/01/24 | CUSIP: 682832HY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $260916.13    | 0.07%             | 2024-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ORANGE CNTY FLA HEALTH FACS AUTH                                       | ORANGE CNTY FL HLT 5% 08/01/41 | CUSIP: 68450LFN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2650000 | PA      | $2754247.03   | 0.77%             | 2041-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OREGON ST DEPT TRANSN                                                  | OREGON ST DEPT OF  5% 11/15/23 | CUSIP: 68607DST3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1360000 | PA      | $1388536.34   | 0.39%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PATRIOTS ENERGY GROUP FING AGY S C                                     | PATRIOTS ENERGY G V/R 10/01/48 | CUSIP: 70342PAK0<br>LEI: 5493008X0DFBVFH4HL19 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2767978.68   | 0.77%             | 2048-10-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                                                        | PENNSYLVANIA ST 5% 10/01/23    | CUSIP: 70914PX31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1270809.13   | 0.36%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RICHMOND CNTY GA BRD ED                                                | RICHMOND CNTY GA B 5% 10/01/23 | CUSIP: 764581KJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2090000 | PA      | $2127298.98   | 0.59%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE PA SCH DIST                                                  | RIVERSIDE PA SCH D 3% 10/15/23 | CUSIP: 769250KL4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    255000 | PA      | $255752.89    | 0.07%             | 2023-10-15      | Fixed         | 3.00%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE PA SCH DIST                                                  | RIVERSIDE PA SCH D 4% 10/15/24 | CUSIP: 769250KM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    300000 | PA      | $307443.39    | 0.09%             | 2024-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COTULLA TEX INDPT SCH DIST                                             | COTULLA TX INDEP S 5% 02/15/23 | CUSIP: 222057HP9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    250000 | PA      | $250223.45    | 0.07%             | 2023-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                              | COLORADO ST HLTH F 5% 11/01/23 | CUSIP: 19648FVX9<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    400000 | PA      | $406092.00    | 0.11%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CORSICANA TEX                                                          | CORSICANA TX 4% 02/15/23       | CUSIP: 220417S83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    150000 | PA      | $150054.11    | 0.04%             | 2023-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| FORT BEND CNTY TEX MUN UTIL DIST NO 182                                | FORT BEND CNTY  5.25% 09/01/23 | CUSIP: 34682BHK8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    805000 | PA      | $817092.23    | 0.23%             | 2023-09-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| FORT BEND TEX INDPT SCH DIST                                           | FORT BEND TX INDE V/R 08/01/49 | CUSIP: 346843UX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1320000 | PA      | $1307666.71   | 0.37%             | 2049-08-01      | Variable      | 2.38%                 | No            |                  2 | On Loan: No      |
| FORT WORTH TEX                                                         | FORT WORTH TX 5% 03/01/23      | CUSIP: 3494256P8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $491022.48    | 0.14%             | 2023-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHWEST OHIO LOC SCH DIST HAMILTON & BUTLER CNTYS                    | N W OH LOCAL SCH D 5% 12/01/45 | CUSIP: 667712BU6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1021257.70   | 0.29%             | 2045-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST HIGHER EDL FAC COMMN                                           | OHIO ST HGR EDUCTN 5% 07/01/37 | CUSIP: 67756DBF2<br>LEI: 5493007MQT6NGNN6BR81 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1009130.70   | 0.28%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ONONDAGA N Y CIVIC DEV CORP                                            | ONONDAGA NY CIVIC  5% 07/01/23 | CUSIP: 682832HX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    245000 | PA      | $246679.43    | 0.07%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ECONOMIC DEV FING AUTH                                    | PENNSYLVANIA ST E V/R 08/01/45 | CUSIP: 708692BG2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000038.40   | 0.56%             | 2045-08-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST TPK COMMN                                              | PENNSYLVANIA ST TU 4% 12/01/23 | CUSIP: 709221WC5<br>LEI: 549300J8LLBYEYEXZJ24 | Long             | DBT              | MUN               | US        |    335000 | PA      | $339191.02    | 0.09%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MONROE CNTY FLA SCH DIST                                               | MONROE CNTY FL SCH 5% 10/01/23 | CUSIP: 610522BJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    400000 | PA      | $406233.40    | 0.11%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY TEX MUN UTIL DIST NO 105                               | MONTGOMERY CNT 4.625% 09/01/23 | CUSIP: 61371TGD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    420000 | PA      | $424758.81    | 0.12%             | 2023-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY TEX MUN UTIL DIST NO 105                               | MONTGOMERY CNT 4.625% 09/01/24 | CUSIP: 61371TGE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    430000 | PA      | $444090.89    | 0.12%             | 2024-09-01      | Fixed         | 4.62%                 | No            |                  2 | On Loan: No      |
| NEW HAVEN CONN                                                         | NEW HAVEN CT 5% 08/01/23       | CUSIP: 645021AD8<br>LEI: 549300U4OHEAZ124LQ06 | Long             | DBT              | MUN               | US        |   1080000 | PA      | $1092328.52   | 0.31%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                           | NEW JERSEY ST ECON 5% 06/15/23 | CUSIP: 64577BKG8<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |    300000 | PA      | $302529.84    | 0.08%             | 2023-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ECONOMIC DEV AUTH                                           | NEW JERSEY ST ECON 5% 03/01/27 | CUSIP: 64577XCV6<br>LEI: 5493006JS6QWDVU4R678 | Long             | DBT              | MUN               | US        |   1100000 | PA      | $1102286.35   | 0.31%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HIGHER ED ASSISTANCE AUTH                                | NEW JERSEY ST HGR  5% 12/01/24 | CUSIP: 646080RF0<br>LEI: 5493007OOYUHTF8GSL63 | Long             | DBT              | MUN               | US        |    100000 | PA      | $103441.55    | 0.03%             | 2024-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA TPK AUTH                                                | NORTH CAROLINA ST  5% 02/01/24 | CUSIP: 65830RCW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3205000 | PA      | $3280255.96   | 0.92%             | 2024-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST AIR QUALITY DEV AUTH                                           | OHIO ST AIR QUALI V/R 04/01/28 | CUSIP: 677525WL7<br>LEI: 549300DZUU80AYOR6M80 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1456542.30   | 0.41%             | 2028-04-01      | Variable      | 2.10%                 | No            |                  2 | On Loan: No      |
| RIVERSIDE PA SCH DIST                                                  | RIVERSIDE PA SCH D 4% 10/15/25 | CUSIP: 769250KN0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    275000 | PA      | $286012.57    | 0.08%             | 2025-10-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ST JOHN BAPTIST PARISH LA                                              | SAINT JOHN THE BA V/R 06/01/37 | CUSIP: 79020FAW6<br>LEI: 1FRVQX2CRLGC1XLP5727 | Long             | DBT              | MUN               | US        |   2845000 | PA      | $2839986.83   | 0.79%             | 2037-06-01      | Variable      | 2.00%                 | No            |                  2 | On Loan: No      |
| ST PAUL MINN HSG & REDEV AUTH                                          | SAINT PAUL MN HSG V/R 12/01/25 | CUSIP: 792892JW2<br>LEI: 549300FQCUW4VH929113 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1000927.80   | 0.28%             | 2025-12-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| SALEM ORE HOSP FAC AUTH                                                | SALEM OR HOSP FAC  5% 05/15/23 | CUSIP: 794458FY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    105000 | PA      | $105179.07    | 0.03%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA                                                             | ATLANTA GA WTR & W 5% 11/01/23 | CUSIP: 047870LV0<br>LEI: 549300GHLQ0J51NUBM84 | Long             | DBT              | MUN               | US        |    480000 | PA      | $489355.25    | 0.14%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTIC CITY N J BRD ED                                               | ATLANTIC CITY NJ B 4% 04/01/23 | CUSIP: 048342GE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    100000 | PA      | $100242.45    | 0.03%             | 2023-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TEX                                                             | AUSTIN TX ARPT SYS 5% 11/15/23 | CUSIP: 052398GA6<br>LEI: IW10PQVTU7HKS3JMW253 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2537135.75   | 0.71%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEXAR CNTY TEX HEALTH FACS DEV CORP                                    | BEXAR CNTY TX HLTH 5% 07/15/23 | CUSIP: 088354GC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $200434.30    | 0.06%             | 2023-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL O HARE INTL ARPT                                           | CHICAGO IL O'HARE  5% 01/01/24 | CUSIP: 167593Y89<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    230000 | PA      | $233791.18    | 0.07%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO ILL                                                            | CHICAGO IL WTR REV 5% 11/01/23 | CUSIP: 167736ZY6<br>LEI: T5UYO5SYLC8K73MJQX30 | Long             | DBT              | MUN               | US        |    165000 | PA      | $165311.09    | 0.05%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CLARK CNTY NEV ARPT DEPT OF AVIATION                                   | CLARK CNTY NV PASS 5% 07/01/23 | CUSIP: 181006HG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $202058.64    | 0.06%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS-FORT WORTH TEX INTL ARPT                                        | DALLAS-FORT WORTH  5% 11/01/23 | CUSIP: 2350364Y3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1018441.00   | 0.28%             | 2023-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER COLO CONVENTION CTR HOTEL AUTH                                  | DENVER CO CONVENTI 5% 12/01/23 | CUSIP: 249189DB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2023831.00   | 0.57%             | 2023-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DISTRICT COLUMBIA                                                      | DIST OF COLUMBIA 5% 07/15/23   | CUSIP: 254764JM6<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |    125000 | PA      | $126364.51    | 0.04%             | 2023-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DU PAGE CNTY ILL HIGH SCH DIST NO 88 VILLA PARK                        | DU PAGE CNTY IL HI 4% 01/15/24 | CUSIP: 263327HZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    450000 | PA      | $456689.84    | 0.13%             | 2024-01-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ERIE PA HIGHER ED BLDG AUTH                                            | ERIE PA HGR EDU BL 5% 05/01/23 | CUSIP: 295435CG4<br>LEI: 549300JDMWBZICIGLV66 | Long             | DBT              | MUN               | US        |     55000 | PA      | $55164.51     | 0.02%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FARMINGTON N MEX                                                       | FARMINGTON NM POL V/R 06/01/40 | CUSIP: 311450FS4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1982404.00   | 0.55%             | 2040-06-01      | Variable      | 1.10%                 | No            |                  2 | On Loan: No      |
| FLORIDA DEV FIN CORP                                                   | FLORIDA ST DEV FI V/R 12/01/56 | CUSIP: 340618DE4<br>LEI: 549300HC854CNBLMWC48 | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1499121.75   | 0.42%             | 2056-12-01      | Variable      | 2.90%                 | No            |                  2 | On Loan: No      |
| FOREST LAKE MINN INDPT SCH DIST NO 831                                 | FOREST LAKE MN IND 4% 04/01/23 | CUSIP: 345875AS7<br>LEI: 549300Z4NGDI34KH2446 | Long             | DBT              | MUN               | US        |    600000 | PA      | $601305.54    | 0.17%             | 2023-04-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| HEALTH CARE AUTH FOR BAPTIST HEALTH ALA                                | HLTH CARE AUTH FO V/R 11/01/42 | CUSIP: 42219UBR2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2750000.00   | 0.77%             | 2042-11-01      | Variable      | 2.33%                 | No            |                  2 | On Loan: No      |
| YERINGTON NEV                                                          | YERINGTON NV U 1.625% 11/01/23 | CUSIP: 985822AA3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1885000 | PA      | $1863180.18   | 0.52%             | 2023-11-01      | Fixed         | 1.62%                 | No            |                  2 | On Loan: No      |
| COLORADO HEALTH FACS AUTH                                              | COLORADO ST HLTH  V/R 08/01/49 | CUSIP: 19648FJH8<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |    185000 | PA      | $191697.07    | 0.05%             | 2049-08-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| COMMONWEALTH FING AUTH PA.                                             | CMWLTH FING AUTH P 5% 06/01/24 | CUSIP: 20282EAE6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    285000 | PA      | $293531.25    | 0.08%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                         | CONNECTICUT ST 5% 04/15/23     | CUSIP: 20772J7C0<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   1755000 | PA      | $1763967.70   | 0.49%             | 2023-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                         | CONNECTICUT ST 5% 11/15/23     | CUSIP: 20772JZA3<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2551075.25   | 0.71%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                         | CONNECTICUT ST 5% 04/15/23     | CUSIP: 20772KBN8<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    225000 | PA      | $226149.71    | 0.06%             | 2023-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HIGHER ED SUPPLEMENTAL LN AUTH                          | CONNECTICUT ST HGR 5% 11/15/23 | CUSIP: 207743QP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    900000 | PA      | $917029.71    | 0.26%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HEALTH & EDL FACS AUTH                                  | CONNECTICUT ST HLT 5% 07/01/23 | CUSIP: 20774Y3L9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |    100000 | PA      | $101004.39    | 0.03%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                         | CONNECTICUT ST SPL 5% 01/01/24 | CUSIP: 207758L84<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2304316.35   | 0.64%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                                                         | CONNECTICUT ST SPL 5% 08/01/23 | CUSIP: 207758TV5<br>LEI: 5493007GRO6CU0IKP741 | Long             | DBT              | MUN               | US        |    630000 | PA      | $638288.03    | 0.18%             | 2023-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONVENTION CTR AUTH R I                                                | RHODE ISLAND ST CO 4% 05/15/23 | CUSIP: 212474HS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1004022.60   | 0.28%             | 2023-05-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| COOK CNTY ILL                                                          | COOK CNTY IL 5% 11/15/23       | CUSIP: 213185LQ2<br>LEI: 5493004UMR7OX4YITE10 | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1269545.75   | 0.35%             | 2023-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MILWAUKEE WIS                                                          | MILWAUKEE WI 5% 04/01/24       | CUSIP: 602366YF7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    490000 | PA      | $501812.63    | 0.14%             | 2024-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA RURAL WTR FIN AUTH                                           | MINNESOTA ST R 2.625% 12/01/23 | CUSIP: 60411PBC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1241932.75   | 0.35%             | 2023-12-01      | Fixed         | 2.62%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST HSG FIN AGY                                               | MINNESOTA ST HS 0.35% 02/01/23 | CUSIP: 60416TCS5<br>LEI: 549300R89XDTQBK4GE22 | Long             | DBT              | MUN               | US        |    250000 | PA      | $250000.00    | 0.07%             | 2023-02-01      | Fixed         | 0.35%                 | No            |                  2 | On Loan: No      |
| BLACK BELT ENERGY GAS DIST ALA                                         | BLACK BELT ENER 5.25% 12/01/24 | CUSIP: 09182TBW6<br>LEI: 549300I8V0Z68JQCB679 | Long             | DBT              | MUN               | US        |    625000 | PA      | $643187.94    | 0.18%             | 2024-12-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA POLLUTION CTL FING AUTH                                     | CALIFORNIA ST POL V/R 08/01/23 | CUSIP: 130536PR0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1500028.80   | 0.42%             | 2023-08-01      | Variable      | 3.50%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                                                          | CALIFORNIA ST 2.375% 02/01/23  | CUSIP: 13063BS29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    235000 | PA      | $235000.00    | 0.07%             | 2023-02-01      | Fixed         | 2.38%                 | No            |                  2 | On Loan: No      |
| CASS CNTY N D JT WTR RES DIST                                          | CASS CNTY ND JT 0.48% 05/01/24 | CUSIP: 14805PAZ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1500000 | PA      | $1441730.55   | 0.40%             | 2024-05-01      | Fixed         | 0.48%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAINS ENERGY PROJ NEB                                         | CENTRL PLAINS ENER 5% 01/01/24 | CUSIP: 154871CS4<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151795.17    | 0.04%             | 2024-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL PLAINS ENERGY PROJ NEB                                         | CENTRL PLAINS ENE V/R 03/01/50 | CUSIP: 154871CT2<br>LEI: SVQOT7V5CPLIGNP5BE29 | Long             | DBT              | MUN               | US        |   1425000 | PA      | $1440705.78   | 0.40%             | 2050-03-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| CENTRAL WASH UNIV                                                      | CENTRL WA UNIV SYS 5% 05/01/23 | CUSIP: 155839GL1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    200000 | PA      | $201187.06    | 0.06%             | 2023-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHANDLER ARIZ INDL DEV AUTH                                            | CHANDLER AZ INDL  V/R 12/01/37 | CUSIP: 158862BY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1740000 | PA      | $1734216.24   | 0.48%             | 2037-12-01      | Variable      | 2.70%                 | No            |                  2 | On Loan: No      |
| HOLLYWOOD BEACH CMNTY DEV DIST                                         | HOLLYWOOD BEACH FL 5% 10/01/23 | CUSIP: 43612PAR5<br>LEI: 54930070G0CIEYSTT648 | Long             | DBT              | MUN               | US        |    445000 | PA      | $452200.86    | 0.13%             | 2023-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOWER COLO RIV AUTH TEX                                                | LOWER COLORADO RIV 5% 05/15/23 | CUSIP: 54811BWB3<br>LEI: 549300QJFPW2NNBYR215 | Long             | DBT              | MUN               | US        |    195000 | PA      | $196268.71    | 0.05%             | 2023-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                | MAIN STREET NATUR V/R 08/01/48 | CUSIP: 56035DAW2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |   1105000 | PA      | $1111354.63   | 0.31%             | 2048-08-01      | Variable      | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                | MAIN STREET NATURA 4% 12/01/23 | CUSIP: 56035DDQ2<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    500000 | PA      | $502966.60    | 0.14%             | 2023-12-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                | MAIN STREET NATURA 5% 06/01/24 | CUSIP: 56035DEF5<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    650000 | PA      | $661418.36    | 0.18%             | 2024-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAIN STR NAT GAS INC GA                                                | MAIN STREET NATURA 5% 06/01/25 | CUSIP: 56035DEG3<br>LEI: 549300NY5M0QVZ6X4U26 | Long             | DBT              | MUN               | US        |    550000 | PA      | $565985.04    | 0.16%             | 2025-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE HEALTH & HIGHER EDL FACS AUTH                                    | MAINE ST HLTH & HG 5% 07/01/33 | CUSIP: 560427WB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    730000 | PA      | $737271.38    | 0.21%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS EDL FING AUTH                                            | MASSACHUSETTS ST E 5% 07/01/23 | CUSIP: 57563RRF8<br>LEI: 5493007K5OP7V6CL0Y88 | Long             | DBT              | MUN               | US        |    150000 | PA      | $151388.27    | 0.04%             | 2023-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2023-02-03

**Name of Applicant:** First Trust Exchange-Traded Fund III

**Signature:** Donald P. Swade

**Name of Signer:** First Trust Exchange-Traded Fund III

**Title:** Treasurer, Chief Financial Officer and Chief Accounting Officer