# EDGAR Filing Document

**Accession Number:** 0000909994
**File Stem:** 0000940400-26-012537
**Filing Date:** 2026-3
**Character Count:** 227824
**Document Hash:** 292240ff3939bf338b72fec19764b09d
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0000940400-26-012537.hdr.sgml**: 20260331

**ACCESSION NUMBER**: 0000940400-26-012537

**CONFORMED SUBMISSION TYPE**: NPORT-P

**PUBLIC DOCUMENT COUNT**: 2

**CONFORMED PERIOD OF REPORT**: 20260130

**FILED AS OF DATE**: 20260331

**DATE AS OF CHANGE**: 20260331

**PERIOD START**: 20261031

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** OLD WESTBURY FUNDS INC
- **CENTRAL INDEX KEY:** 0000909994

**ORGANIZATION NAME:**
- **EIN:** 232874698
- **STATE OF INCORPORATION:** MD
- **FISCAL YEAR END:** 1031

**FILING VALUES:**
- **FORM TYPE:** NPORT-P
- **SEC ACT:** 1940 Act
- **SEC FILE NUMBER:** 811-07912
- **FILM NUMBER:** 26819954

**BUSINESS ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809
- **BUSINESS PHONE:** 3027914394

**MAIL ADDRESS:**
- **STREET 1:** 103 BELLEVUE PARKWAY
- **CITY:** WILMINGTON
- **STATE:** DE
- **ZIP:** 19809

## Series and Classes Contracts Data

### Old Westbury Municipal Bond Fund (Series ID: S000001861)

| Class ID   | Class Name                       | Ticker Symbol   |
|:---|:---|:---|
| C000004838 | Old Westbury Municipal Bond Fund | OWMBX           |

## Form NPORT-P: Monthly Portfolio Investments Report

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

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

- **a. Name of Registrant:** Old Westbury Funds Inc

- **b. Investment Company Act file number:** 811-07912

- **c. CIK number of Registrant:** 0000909994

- **d. LEI of Registrant:** 549300YMRMTWRGXX0W63

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

  - **Street Address 1:** 103 Bellevue Parkway

  - **City:** Wilmington

  - **State:** DE

  - **Foreign country:** US

  - **Zip / Postal Code:** 19809

  - **Telephone number:** 800-607-2200

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

- **a. Name of Series:** Old Westbury Municipal Bond Fund

- **b. EDGAR series identifier (if any):** S000001861

- **c. LEI of Series:** 5493006URTNJ8NVPAZ95

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

- **a. Date of fiscal year-end:** 2026-10-31

- **b. Date as of which information is reported:** 2026-01-30

**Item A.4. Final filing**

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

### Fund Information

**Total Assets:** $4562206948.67

**Total Liabilities:** $72210364.64

**Net Assets:** $4489996584.03

**Delayed Delivery Securities:** $69878918.20

**Cash Not Reported:** $12054503.38

**Currency Risk Metrics (dv01):**

- 

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

- **3-Month:** 10341.22082000 | **1-Year:** 200422.46483000 | **5-Year:** 1149024.47884000 | **10-Year:** 657772.45516000 | **30-Year:** 4713.67731000

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

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

**Monthly Return Information**

| Class               | Month 1 Return (%)   | Month 2 Return (%)   | Month 3 Return (%)   |
|:---|:---|:---|:---|
| Class ID C000004838 | 0.17%                | 0.30%                | 0.86%                |

**Monthly Gains & Losses**

| Period   | Net Realized Gain/Loss   | Net Unrealized Appreciation/Depreciation   |
|:---|:---|:---|
| Month 1  | $359007.49               | $1509528.43                                |
| Month 2  | $880070.53               | $1477081.36                                |
| Month 3  | $-6671.38                | $26532906.38                               |

### 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   |
|:---|:---|:---|:---|:---|:---|:---|---:|:---|:---|:---|:---|:---|:---|:---|---:|:---|
| ARIZONA BRD OF RGTS                   | Arizona Board of Regents                                                     | CUSIP: 040664ND2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3271658.40   | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MESQUITE TX INDEP SCH DIST            | Mesquite Independent School District                                         | CUSIP: 590760UR3<br>LEI: 549300M7COV11VUIZE16 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2913441.50   | 0.06%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                             | State of Hawaii                                                              | CUSIP: 419792K39<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2123774.80   | 0.05%             | 2032-10-01      | Fixed         | 5.20%                 | No            |                  2 | On Loan: No      |
| J PAUL GETTY TRUST                    | J Paul Getty Trust/The                                                       | CUSIP: 374288AC2<br>LEI: 72TDDU3K225INPK3EI14 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $5080145.15   | 0.11%             | 2035-04-01      | Fixed         | 4.91%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN        | State of Hawaii Department of Budget & Finance                               | CUSIP: 419800QB6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3250047.30   | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS TX INDEP SCH        | Cypress-Fairbanks Independent School District                                | CUSIP: 232769QA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9150000 | PA      | $10109602.59  | 0.23%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH        | Massachusetts School Building Authority                                      | CUSIP: 576000F65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3567783.30   | 0.08%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974E7C4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15957624.00  | 0.36%             | 2046-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE        | South Carolina Jobs-Economic Development Authority                           | CUSIP: 837032BM2<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   6475000 | PA      | $7512418.67   | 0.17%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MESQUITE TX INDEP SCH DIST            | Mesquite Independent School District                                         | CUSIP: 590760US1<br>LEI: 549300M7COV11VUIZE16 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2935093.25   | 0.07%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 9151158J1<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10114099.00  | 0.23%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COMAL TX INDEP SCH DIST               | Comal Independent School District                                            | CUSIP: 1998207U9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17095000 | PA      | $19957275.68  | 0.44%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA ST RESOURCES AUTH CLE        | Virginia Resources Authority Clean Water Revolving Fund                      | CUSIP: 92817LST1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $8655167.50   | 0.19%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST ADULT CORRECTIONAL CAP        | State of Ohio                                                                | CUSIP: 677524EX4<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2935681.50   | 0.07%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAMDEN CNTY NJ IMPT AUTH REVEN        | Camden County Improvement Authority/The                                      | CUSIP: 13281NJ94<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1026176.40   | 0.02%             | 2027-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREGORY-PORTLAND TX INDEP SCHD        | Gregory-Portland Independent School District/TX                              | CUSIP: 397586SV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9850000 | PA      | $10901587.97  | 0.24%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067HC5<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4228350.40   | 0.09%             | 2028-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METRO OR                              | Metro/OR                                                                     | CUSIP: 59163PLY7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15954000.00  | 0.36%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PDJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5687115.00   | 0.13%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NASSAU CNTY NY INTERIM FIN AUT        | Nassau County Interim Finance Authority                                      | CUSIP: 631663RY9<br>LEI: 549300DP7LB76W78BR41 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10519552.00  | 0.23%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST DEPT OF BUDGET & FIN        | State of Hawaii Department of Budget & Finance                               | CUSIP: 419800PZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3325000 | PA      | $3435847.19   | 0.08%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL         | Philadelphia Authority for Industrial Development                            | CUSIP: 717901BX9<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |  12020000 | PA      | $12779814.25  | 0.28%             | 2045-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT TX REGL WTR DIST WTR R        | Tarrant Regional Water District Water Supply System Revenue                  | CUSIP: 876443VM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18500000 | PA      | $20794068.45  | 0.46%             | 2031-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067HF8<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11112645.00  | 0.25%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING TX INDEP SCH DIST              | Spring Independent School District                                           | CUSIP: 850001BX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4083979.90   | 0.09%             | 2036-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX WTR & WSTWTR SYS REV        | City of Austin TX Water & Wastewater System Revenue                          | CUSIP: 052477M60<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    125000 | PA      | $127457.63    | 0.00%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514AMT9<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |  13000000 | PA      | $13542453.60  | 0.30%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                              | State of Texas                                                               | CUSIP: 882724XS1<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4471359.00   | 0.10%             | 2031-10-01      | Fixed         | 1.94%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV        | City & County of Denver CO Airport System Revenue                            | CUSIP: 249182LF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10542639.00  | 0.23%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TRU        | Massachusetts Clean Water Trust/The                                          | CUSIP: 575829LF1<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2636766.25   | 0.06%             | 2028-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647MN8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2745803.75   | 0.06%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTILITY DEBT SECURITIZATION AU        | Utility Debt Securitization Authority                                        | CUSIP: 91802REY1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7079070.70   | 0.16%             | 2030-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R        | Massachusetts Development Finance Agency                                     | CUSIP: 57584YZL6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10475352.00  | 0.23%             | 2027-10-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST                           | State of Delaware                                                            | CUSIP: 246381TB3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9005000 | PA      | $9066993.12   | 0.20%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140DT7<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5074318.70   | 0.11%             | 2030-01-01      | Fixed         | 1.81%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH SALES TAX R        | Idaho State Building Authority                                               | CUSIP: 451446AQ1<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5445517.00   | 0.12%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514ANV3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5678926.50   | 0.13%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET UTILITIES DIST NE WTR REVE        | Metropolitan Utilities District of Omaha Water System Revenue                | CUSIP: 592642FN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2345000 | PA      | $2459441.63   | 0.05%             | 2027-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CA CITY &CNTY AR        | San Francisco City & County Airport Comm-San Francisco International Airport | CUSIP: 79766DXL8<br>LEI: 54930055TIDYHNDP4F84 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4831338.96   | 0.11%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 915130AK4<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   2550000 | PA      | $2715438.65   | 0.06%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067KD9<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16793157.00  | 0.37%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX WTR & WSTWTR SYS REV        | City of Austin TX Water & Wastewater System Revenue                          | CUSIP: 052477M78<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4875000 | PA      | $4973584.69   | 0.11%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| INDIANA ST FIN AUTH REVENUE           | Indiana Finance Authority                                                    | CUSIP: 45506EQM8<br>LEI: 549300PS0PAS7NDSSI20 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5787800.50   | 0.13%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING TX INDEP SCH DIST              | Spring Independent School District                                           | CUSIP: 850001BW7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3546990.00   | 0.08%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF COLORADO CO ENTERPRISE        | University of Colorado                                                       | CUSIP: 91417NHS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11330000 | PA      | $11432221.53  | 0.25%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METRO OR                              | Metro/OR                                                                     | CUSIP: 59163PLX9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15553843.50  | 0.35%             | 2027-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA BRD OF RGTS                   | Arizona Board of Regents                                                     | CUSIP: 040664NK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5940816.00   | 0.13%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                       | Commonwealth of Pennsylvania                                                 | CUSIP: 70914P3N0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11500000 | PA      | $12589413.40  | 0.28%             | 2034-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| RENEWABLE WTR RESOURCES SC SWR        | Renewable Water Resources                                                    | CUSIP: 75972ECR4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3695000 | PA      | $4256833.99   | 0.09%             | 2032-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUDOUN CNTY VA                       | County of Loudoun VA                                                         | CUSIP: 54589TQE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10045000 | PA      | $11996811.81  | 0.27%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                             | State of Hawaii                                                              | CUSIP: 419792J72<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3096370.20   | 0.07%             | 2028-10-01      | Fixed         | 4.92%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974EH66<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  24710000 | PA      | $27065352.26  | 0.60%             | 2042-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KLEIN TX INDEP SCH DIST               | Klein Independent School District                                            | CUSIP: 498531UV2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5561191.50   | 0.12%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TRU        | Massachusetts Clean Water Trust/The                                          | CUSIP: 575829LE4<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3597493.20   | 0.08%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514AMU6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |  17250000 | PA      | $18429480.83  | 0.41%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK VA                            | City of Norfolk VA                                                           | CUSIP: 655867T74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4127524.10   | 0.09%             | 2035-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE        | City of Salt Lake City UT Airport Revenue                                    | CUSIP: 795576JS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10987062.00  | 0.24%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST REGL         | North Texas Municipal Water District                                         | CUSIP: 6628353P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4925000 | PA      | $5350350.09   | 0.12%             | 2029-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH WTR POLL         | Ohio Water Development Authority Water Pollution Control Loan Fund           | CUSIP: 67766WU42<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6127554.40   | 0.14%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974E2K1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16758292.50  | 0.37%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 6461396S9<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4081652.00   | 0.09%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514ANW1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6920899.20   | 0.15%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAPEVINE-COLLEYVILLE TX INDEP        | Grapevine-Colleyville Independent School District                            | CUSIP: 3886407J7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6510000 | PA      | $7240171.37   | 0.16%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA BRD OF RGTS                   | Arizona Board of Regents                                                     | CUSIP: 040664NJ9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5150000 | PA      | $6073450.62   | 0.14%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING TX INDEP SCH DIST              | Spring Independent School District                                           | CUSIP: 850001BV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3818328.48   | 0.09%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ALLEN TX INDEP SCH DIST               | Allen Independent School District                                            | CUSIP: 018106XG4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7257253.63   | 0.16%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                           | City of New York NY                                                          | CUSIP: 64966SBN5<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10156939.00  | 0.23%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KE62<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10931498.00  | 0.24%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE        | District of Columbia Income Tax Revenue                                      | CUSIP: 25477GUN3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12675000 | PA      | $14258975.74  | 0.32%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE               | City of Atlanta GA Department of Aviation                                    | CUSIP: 04780MXG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $5675597.95   | 0.13%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROSEMOUNT MN INDEP SCH DIST #1        | Rosemount-Apple Valley-Eagan Independent School District No 196              | CUSIP: 777594ZE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $7300000.00   | 0.16%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647ML2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3714924.50   | 0.08%             | 2028-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREGORY-PORTLAND TX INDEP SCHD        | Gregory-Portland Independent School District/TX                              | CUSIP: 397586TS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2796320.50   | 0.06%             | 2039-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647NN7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5570510.50   | 0.12%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TRU        | Massachusetts Clean Water Trust/The                                          | CUSIP: 575829LH7<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2217843.40   | 0.05%             | 2030-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KLEIN TX INDEP SCH DIST               | Klein Independent School District                                            | CUSIP: 498531UY6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11618648.00  | 0.26%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PLANO TX INDEP SCH DIST               | Plano Independent School District                                            | CUSIP: 727199E23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4322598.00   | 0.10%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK VA                            | City of Norfolk VA                                                           | CUSIP: 655867T41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5135000 | PA      | $5951302.73   | 0.13%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA BRD OF RGTS                   | Arizona Board of Regents                                                     | CUSIP: 040664NC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3195363.30   | 0.07%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST WTR RESOURCES        | Massachusetts Water Resources Authority                                      | CUSIP: 576051K21<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2602974.50   | 0.06%             | 2027-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067KF4<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |  11450000 | PA      | $11581597.14  | 0.26%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW HAMPSHIRE ST HLTH & EDU FA        | New Hampshire Health and Education Facilities Authority Act                  | CUSIP: 64461XMH5<br>LEI: 549300CNCK7OT82W5653 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $23072342.00  | 0.51%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUILFORD CNTY NC                      | County of Guilford NC                                                        | CUSIP: 401784W58<br>LEI: 549300OUKUGQGH8RCL96 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $17900608.50  | 0.40%             | 2035-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING TX INDEP SCH DIST              | Spring Independent School District                                           | CUSIP: 850001BU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5812009.00   | 0.13%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING BRANCH TX INDEP SCH DIS        | Spring Branch Independent School District                                    | CUSIP: 849476WA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9450000 | PA      | $10174377.47  | 0.23%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST THRUWAY AUTH PERSO        | New York State Thruway Authority                                             | CUSIP: 650028YR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11076348.00  | 0.25%             | 2039-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KLEIN TX INDEP SCH DIST               | Klein Independent School District                                            | CUSIP: 498531UX8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $12634638.50  | 0.28%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647MK4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3114378.30   | 0.07%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BEXAR CNTY TX                         | County of Bexar TX                                                           | CUSIP: 088281ZZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7572469.50   | 0.17%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CITY OK                      | City of Oklahoma City OK                                                     | CUSIP: 6785192M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8420000 | PA      | $9324860.35   | 0.21%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                           | City of New York NY                                                          | CUSIP: 64966ML23<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   8890000 | PA      | $8879997.86   | 0.20%             | 2026-12-01      | Fixed         | 3.66%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R        | Massachusetts Development Finance Agency                                     | CUSIP: 57585BAA6<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |  17830000 | PA      | $21002909.12  | 0.47%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974FBJ1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   8250000 | PA      | $9394776.60   | 0.21%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV PERM UNIV         | Permanent University Fund - Texas A&M University System                      | CUSIP: 8821177S7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14110000 | PA      | $15875066.46  | 0.35%             | 2036-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647NM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5491607.50   | 0.12%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORT BEND TX INDEP SCH DIST           | Fort Bend Independent School District                                        | CUSIP: 346843WT8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5073326.00   | 0.11%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK VA                            | City of Norfolk VA                                                           | CUSIP: 655867T58<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16395000 | PA      | $19263688.89  | 0.43%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN FRANCISCO CITY & CNTY CA P        | San Francisco City & County Public Utilities Commission Wastewater Revenue   | CUSIP: 79768HJN9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11162560.20  | 0.25%             | 2027-10-01      | Fixed         | 4.66%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TRU        | Massachusetts Clean Water Trust/The                                          | CUSIP: 575829LG9<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2338749.07   | 0.05%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRUSTEES PRINCETON UNIV               | Trustees of Princeton University/The                                         | CUSIP: 89837LAJ4<br>LEI: 549300PJZYINN64GDJ90 | Long             | DBT              | CORP              | US        |   1800000 | PA      | $1842329.00   | 0.04%             | 2030-07-01      | Fixed         | 4.65%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC                          | City of Charlotte NC                                                         | CUSIP: 161035MD9<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3115645.20   | 0.07%             | 2033-06-01      | Fixed         | 4.75%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514ALU7<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |  14700000 | PA      | $17209977.96  | 0.38%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC        | Health & Educational Facilities Authority of the State of Missouri           | CUSIP: 60637AVY5<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |  10245000 | PA      | $11799902.09  | 0.26%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH SALES TAX R        | Idaho State Building Authority                                               | CUSIP: 451446AP3<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5314476.50   | 0.12%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HLTH FACS AUTH REV        | Delaware State Health Facilities Authority                                   | CUSIP: 246388VP4<br>LEI: 549300RXU7M05ZYSJG42 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6991453.30   | 0.16%             | 2044-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974E5S1<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   7135000 | PA      | $7216498.11   | 0.16%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH WTR POLL         | Ohio Water Development Authority Water Pollution Control Loan Fund           | CUSIP: 67766WU67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11735000 | PA      | $13334108.50  | 0.30%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GRAPEVINE-COLLEYVILLE TX INDEP        | Grapevine-Colleyville Independent School District                            | CUSIP: 3886407H1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10880000 | PA      | $11852434.82  | 0.26%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST HLTH FACS AUTH REVENU        | Idaho Health Facilities Authority                                            | CUSIP: 451295F53<br>LEI: 549300X43KY1C2WW0J97 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5740269.00   | 0.13%             | 2033-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RENEWABLE WTR RESOURCES SC SWR        | Renewable Water Resources                                                    | CUSIP: 75972ECU7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4290000 | PA      | $5019793.35   | 0.11%             | 2035-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRFAX CNTY VA INDL DEV AUTH         | Fairfax County Industrial Development Authority                              | CUSIP: 30382VAX4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17900000 | PA      | $20411760.22  | 0.45%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH FAC        | Virginia Beach Development Authority                                         | CUSIP: 92774GPW9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2825637.93   | 0.06%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                          | State of Wisconsin                                                           | CUSIP: 97705MZZ1<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |  13780000 | PA      | $15328524.74  | 0.34%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514ALN3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10936491.00  | 0.24%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST TRANSPRTN AUTH TRA        | Delaware Transportation Authority                                            | CUSIP: 246428M29<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6780000 | PA      | $7048613.43   | 0.16%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974FBL6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $17595166.50  | 0.39%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST WTR RESOURCES        | Massachusetts Water Resources Authority                                      | CUSIP: 576051K47<br>LEI: 549300GBS2G3YGHOYO19 | Long             | DBT              | MUN               | US        |   2160000 | PA      | $2369500.34   | 0.05%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOUDOUN CNTY VA                       | County of Loudoun VA                                                         | CUSIP: 54589TQK1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9265000 | PA      | $10594175.43  | 0.24%             | 2039-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MESQUITE TX INDEP SCH DIST            | Mesquite Independent School District                                         | CUSIP: 590760UN2<br>LEI: 549300M7COV11VUIZE16 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2790666.50   | 0.06%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX INDEP SCH DIST              | Dallas Independent School District                                           | CUSIP: 235308V59<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5784886.50   | 0.13%             | 2033-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTILITY DEBT SECURITIZATION AU        | Utility Debt Securitization Authority                                        | CUSIP: 91802REU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6061823.40   | 0.14%             | 2028-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140FT5<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $14000475.60  | 0.31%             | 2034-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST                              | State of Texas                                                               | CUSIP: 882724RC3<br>LEI: 549300X9CH74QB747L76 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4881833.00   | 0.11%             | 2027-10-01      | Fixed         | 2.18%                 | No            |                  2 | On Loan: No      |
| FAIRFAX CNTY VA                       | County of Fairfax VA                                                         | CUSIP: 30382APF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14745000 | PA      | $16287338.80  | 0.36%             | 2033-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA BRD OF RGTS                   | Arizona Board of Regents                                                     | CUSIP: 040664NG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5752567.00   | 0.13%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF COLORADO CO HOSP AUTHR        | University of Colorado Hospital Authority                                    | CUSIP: 914183BX5<br>LEI: GQ60RLZ5ZEBY2J9KLI75 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11345901.00  | 0.25%             | 2031-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV REVENUES          | Texas A&M University                                                         | CUSIP: 88213ASM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3329187.00   | 0.07%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC WTR & SWR SYS REV        | City of Charlotte NC Water & Sewer System Revenue                            | CUSIP: 161045SK6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1235000 | PA      | $1282962.21   | 0.03%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST REGL         | North Texas Municipal Water District                                         | CUSIP: 6628353T2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5985000 | PA      | $6957093.28   | 0.15%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974FBK8<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $17355604.50  | 0.39%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH WTR POLL         | Ohio Water Development Authority Water Pollution Control Loan Fund           | CUSIP: 67766WV25<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14975000 | PA      | $17544389.54  | 0.39%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST HLTH CARE FACS F        | New Jersey Health Care Facilities Financing Authority                        | CUSIP: 645790TT3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11809667.00  | 0.26%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL         | Connecticut State Health & Educational Facilities Authority                  | CUSIP: 20775DZT2<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |  12500000 | PA      | $14283337.50  | 0.32%             | 2064-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC COMB ENTERPRISE SYS        | City of Raleigh NC Combined Enterprise System Revenue                        | CUSIP: 751100NY0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4305000 | PA      | $5172575.03   | 0.12%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST                               | State of Ohio                                                                | CUSIP: 677523JG8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |  11025000 | PA      | $12877732.51  | 0.29%             | 2033-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140ES8<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12656089.20  | 0.28%             | 2046-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH SALES TAX R        | Idaho State Building Authority                                               | CUSIP: 451446AV0<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6494298.25   | 0.14%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHICAGO IL MET WTR RECLAMATION        | Metropolitan Water Reclamation District of Greater Chicago                   | CUSIP: 167560WD9<br>LEI: 254900GOGQEZEWCZ4D37 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4499188.00   | 0.10%             | 2032-12-01      | Fixed         | 2.53%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140DQ3<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $8806431.60   | 0.20%             | 2027-01-01      | Fixed         | 1.28%                 | No            |                  2 | On Loan: No      |
| RENEWABLE WTR RESOURCES SC SWR        | Renewable Water Resources                                                    | CUSIP: 75972ECS2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3830000 | PA      | $4474796.59   | 0.10%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX INDEP SCH DIST          | North East Independent School District/TX                                    | CUSIP: 659155QU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6477876.90   | 0.14%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647MP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11141021.00  | 0.25%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX INDEP SCH DIST              | Dallas Independent School District                                           | CUSIP: 235308V75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5899586.00   | 0.13%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HLTH FACS AUTH REV        | Delaware State Health Facilities Authority                                   | CUSIP: 246388UJ9<br>LEI: 549300RXU7M05ZYSJG42 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10273896.00  | 0.23%             | 2045-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE        | District of Columbia Income Tax Revenue                                      | CUSIP: 25477GSF3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3661343.00   | 0.08%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL         | Philadelphia Authority for Industrial Development                            | CUSIP: 717901BQ4<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   8500000 | PA      | $9211371.80   | 0.21%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL         | Connecticut State Health & Educational Facilities Authority                  | CUSIP: 20774Y3C9<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5257675.00   | 0.12%             | 2040-07-01      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| DENTON TX INDEP SCH DIST              | Denton Independent School District                                           | CUSIP: 249002MB9<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |  16460000 | PA      | $17082016.82  | 0.38%             | 2048-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GUILFORD CNTY NC                      | County of Guilford NC                                                        | CUSIP: 401784V83<br>LEI: 549300OUKUGQGH8RCL96 | Long             | DBT              | MUN               | US        |  10200000 | PA      | $11313819.60  | 0.25%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST REGL         | North Texas Municipal Water District                                         | CUSIP: 6628353Q8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5170000 | PA      | $5740070.05   | 0.13%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTILITY DEBT SECURITIZATION AU        | Utility Debt Securitization Authority                                        | CUSIP: 91802REW5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10678530.00  | 0.24%             | 2029-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST         | New Jersey Transportation Trust Fund Authority                               | CUSIP: 64613CET1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |  13695000 | PA      | $13839480.88  | 0.31%             | 2040-06-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV        | City & County of Denver CO Airport System Revenue                            | CUSIP: 249182RY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2225000 | PA      | $2329865.36   | 0.05%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64972JAB4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1785000 | PA      | $1796930.58   | 0.04%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TRU        | Massachusetts Clean Water Trust/The                                          | CUSIP: 575829LD6<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2000000.00   | 0.04%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                           | City of New York NY                                                          | CUSIP: 64966SQG4<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15012103.50  | 0.33%             | 2026-08-01      | Fixed         | 4.06%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PDD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2536663.00   | 0.06%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                             | State of Hawaii                                                              | CUSIP: 419792J80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20888740.00  | 0.47%             | 2029-10-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH SALES TAX R        | Idaho State Building Authority                                               | CUSIP: 451446AS7<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6241490.75   | 0.14%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST HLTH FACS AUTH REV        | Delaware State Health Facilities Authority                                   | CUSIP: 246388VM1<br>LEI: 549300RXU7M05ZYSJG42 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5499638.50   | 0.12%             | 2042-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS TX INDEP SCH        | Cypress-Fairbanks Independent School District                                | CUSIP: 232769PV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $4898728.00   | 0.11%             | 2044-02-15      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                           | City of New York NY                                                          | CUSIP: 64966QME7<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |   8360000 | PA      | $9315321.44   | 0.21%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647NQ0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5691743.00   | 0.13%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                           | State of Maryland                                                            | CUSIP: 574193VE5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $21268240.00  | 0.47%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ARIZONA BRD OF RGTS                   | Arizona Board of Regents                                                     | CUSIP: 040664NE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3552090.52   | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP SAL        | Empire State Development Corp                                                | CUSIP: 64985TEC1<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $23043032.00  | 0.51%             | 2036-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647LM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10295000 | PA      | $11142062.31  | 0.25%             | 2029-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS WTR DEV BRD REVENUE             | Texas Water Development Board                                                | CUSIP: 88285AHL5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5721986.00   | 0.13%             | 2040-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX INDEP SCH DIST          | North East Independent School District/TX                                    | CUSIP: 659155QT5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2900000 | PA      | $3377992.21   | 0.08%             | 2033-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH            | Colorado Housing and Finance Authority                                       | CUSIP: 19648GSC7<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   2425000 | PA      | $2430971.56   | 0.05%             | 2036-11-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                             | State of Hawaii                                                              | CUSIP: 419792J98<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5267173.50   | 0.12%             | 2030-10-01      | Fixed         | 5.13%                 | No            |                  2 | On Loan: No      |
| PORTLAND OR WTR SYS REVENUE           | City of Portland OR Water System Revenue                                     | CUSIP: 736754TB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2300000 | PA      | $2603729.95   | 0.06%             | 2031-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514AMS1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7103221.30   | 0.16%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                         | State of California                                                          | CUSIP: 13062TH72<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |  16195000 | PA      | $18722163.35  | 0.42%             | 2032-08-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH REVENUE              | Iowa Finance Authority                                                       | CUSIP: 46247SCD4<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |   3185000 | PA      | $3631721.09   | 0.08%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DALLAS TX INDEP SCH DIST              | Dallas Independent School District                                           | CUSIP: 235308V67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5845976.50   | 0.13%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH WTR POLL         | Ohio Water Development Authority Water Pollution Control Loan Fund           | CUSIP: 67766WV41<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14035000 | PA      | $16661362.53  | 0.37%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST DEPT OF TRANSN FEDE        | State of Florida Department of Transportation                                | CUSIP: 34160DAW6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4170000 | PA      | $4530410.60   | 0.10%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64972JTY4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16446552.00  | 0.37%             | 2029-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANGELO TX INDEP SCH DIST          | San Angelo Independent School District                                       | CUSIP: 796116TZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4129180.65   | 0.09%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 915130AJ7<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2077159.60   | 0.05%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140EQ2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4092271.88   | 0.09%             | 2042-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX INDEP SCH DIST         | San Antonio Independent School District/TX                                   | CUSIP: 796269P44<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3200000 | PA      | $3789336.96   | 0.08%             | 2035-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF CALIFORNIA CA REVENUES        | University of California                                                     | CUSIP: 91412HNC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11728830.00  | 0.26%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974E4H6<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |   5620000 | PA      | $5650301.35   | 0.13%             | 2026-08-01      | Fixed         | 4.74%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE        | Texas State University System                                                | CUSIP: 88278PH23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1605000 | PA      | $1802055.16   | 0.04%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT TX REGL WTR DIST WTR T        | Tarrant Regional Water District                                              | CUSIP: 876448HJ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7730000 | PA      | $8618102.02   | 0.19%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX INDEP SCH DIST          | North East Independent School District/TX                                    | CUSIP: 659155QS7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5245000 | PA      | $6031208.72   | 0.13%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514AML6<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   1820000 | PA      | $2075735.12   | 0.05%             | 2038-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| METRO OR                              | Metro/OR                                                                     | CUSIP: 59163PLW1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15137586.00  | 0.34%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LONE STAR TX CLG SYS                  | Lone Star College System                                                     | CUSIP: 542264GQ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10020039.00  | 0.22%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX INDEP SCH DIST          | North East Independent School District/TX                                    | CUSIP: 659155QR9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6085000 | PA      | $6892393.09   | 0.15%             | 2031-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROOKHAVEN DEV AUTH GA                | Brookhaven Development Authority                                             | CUSIP: 113073AW0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  18480000 | PA      | $18102823.20  | 0.40%             | 2044-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP LEAS        | Maryland Economic Development Corp                                           | CUSIP: 57420PHH2<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   4310000 | PA      | $4870038.38   | 0.11%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORTLAND OR WTR SYS REVENUE           | City of Portland OR Water System Revenue                                     | CUSIP: 736754TA0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3350000 | PA      | $3718957.28   | 0.08%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONROE TX INDEP SCH DIST              | Conroe Independent School District                                           | CUSIP: 2084184J9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2208122.40   | 0.05%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CHARLOTTE NC                          | City of Charlotte NC                                                         | CUSIP: 161035MU1<br>LEI: 5493001QNY6JJFWHQ568 | Long             | DBT              | MUN               | US        |   3295000 | PA      | $3513583.71   | 0.08%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MICHIGAN ST BLDG AUTH REVENUE         | Michigan State Building Authority                                            | CUSIP: 594615MZ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6900000 | PA      | $7796595.66   | 0.17%             | 2031-04-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 915130AC2<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8314236.75   | 0.19%             | 2040-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI               | City & County of Honolulu HI                                                 | CUSIP: 438687S63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3190000 | PA      | $3556351.08   | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R        | Massachusetts Development Finance Agency                                     | CUSIP: 57585BAL2<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $17764281.00  | 0.40%             | 2034-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A        | City of Los Angeles Department of Airports                                   | CUSIP: 5444455N5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2810000 | PA      | $2917057.07   | 0.06%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BOULDER LARIMER & WELD CNTYS C        | Boulder Larimer & Weld Counties St Vrain Valley School District Re1J         | CUSIP: 101565K81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20485742.00  | 0.46%             | 2026-12-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SWR REVENUE              | County of King WA Sewer Revenue                                              | CUSIP: 495290AU2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8520902.40   | 0.19%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE        | City of Salt Lake City UT Airport Revenue                                    | CUSIP: 795576LH8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2950000 | PA      | $2979486.43   | 0.07%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTILITY DEBT SECURITIZATION AU        | Utility Debt Securitization Authority                                        | CUSIP: 91802RFC8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11146176.00  | 0.25%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140CB7<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   4250000 | PA      | $4451240.48   | 0.10%             | 2032-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL         | Connecticut State Health & Educational Facilities Authority                  | CUSIP: 20774Y7H4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |  11000000 | PA      | $11432202.10  | 0.25%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TECH UNIV REVENUES           | Texas Tech University System                                                 | CUSIP: 882806JG8<br>LEI: 549300SPM8LGJKCQO195 | Long             | DBT              | MUN               | US        |  17185000 | PA      | $18889676.39  | 0.42%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64972JAC2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2067704.20   | 0.05%             | 2027-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE CNTY MD                     | County of Baltimore MD                                                       | CUSIP: 05914GFG8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9775000 | PA      | $9775000.00   | 0.22%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLLIN CNTY TX                        | County of Collin TX                                                          | CUSIP: 194740SR8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6400000 | PA      | $6406024.96   | 0.14%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC        | Health & Educational Facilities Authority of the State of Missouri           | CUSIP: 60637AWU2<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4407785.20   | 0.10%             | 2030-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R        | State of Connecticut Special Tax Revenue                                     | CUSIP: 207758XP3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10439318.00  | 0.23%             | 2035-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSC1<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3408804.90   | 0.08%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP LEAS        | Maryland Economic Development Corp                                           | CUSIP: 57420PHG4<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   4200000 | PA      | $4657588.74   | 0.10%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DAVIS CNTY UT SCH DIST                | Davis School District                                                        | CUSIP: 2390194Z2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3710000 | PA      | $4206184.30   | 0.09%             | 2031-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KZM4<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5169921.50   | 0.12%             | 2031-03-15      | Fixed         | 4.79%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974EXQ4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16615827.00  | 0.37%             | 2039-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF COLORADO CO HOSP AUTHR        | University of Colorado Hospital Authority                                    | CUSIP: 914183CD8<br>LEI: GQ60RLZ5ZEBY2J9KLI75 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $7930113.80   | 0.18%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HONOLULU CITY & CNTY HI               | City & County of Honolulu HI                                                 | CUSIP: 438687S55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3271658.40   | 0.07%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST         | New Jersey Transportation Trust Fund Authority                               | CUSIP: 64613CBA5<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   7250000 | PA      | $8223338.60   | 0.18%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R        | State of Connecticut Special Tax Revenue                                     | CUSIP: 207758S61<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6500000 | PA      | $6916336.05   | 0.15%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R        | State of Connecticut Special Tax Revenue                                     | CUSIP: 207758S53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20000000 | PA      | $20786676.00  | 0.46%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAMPTON ROADS VA TRANSPRTN ACC        | Hampton Roads Transportation Accountability Commission                       | CUSIP: 40934TAV5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16330000 | PA      | $16520745.83  | 0.37%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH EAST TX INDEP SCH DIST          | North East Independent School District/TX                                    | CUSIP: 659155QQ1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5140000 | PA      | $5719226.60   | 0.13%             | 2030-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                          | State of Wisconsin                                                           | CUSIP: 97705MJK2<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   5780000 | PA      | $5977320.53   | 0.13%             | 2027-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST BRD OF EDU PUBLIC E        | State of Florida                                                             | CUSIP: 34153QYG5<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10626605.00  | 0.24%             | 2028-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140JN4<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11215647.00  | 0.25%             | 2031-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSB3<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2813915.00   | 0.06%             | 2030-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTHWESTERN UNIVERSITY               | Northwestern University                                                      | CUSIP: 668444AT9<br>LEI: OBWWNZE695DUK77DTI34 | Long             | DBT              | CORP              | US        |   9275000 | PA      | $9465259.37   | 0.21%             | 2035-12-01      | Fixed         | 4.94%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX ARPT SYS REVENUE            | City of Austin TX Airport System Revenue                                     | CUSIP: 052398HD9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5294525.00   | 0.12%             | 2028-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE        | District of Columbia Income Tax Revenue                                      | CUSIP: 25477GUW3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10386452.00  | 0.23%             | 2047-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX INDEP SCH DIST         | San Antonio Independent School District/TX                                   | CUSIP: 796269P28<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3777805.85   | 0.08%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRAVIS CNTY TX                        | County of Travis TX                                                          | CUSIP: 89454ABT7<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10292967.00  | 0.23%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KATY TX INDEP SCH DIST                | Katy Independent School District                                             | CUSIP: 4860632E9<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5258649.50   | 0.12%             | 2046-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BROWN UNIVERSITY                      | Brown University                                                             | CUSIP: 11575TAB4<br>LEI: 9M13ULPHBPDR83N6CB89 | Long             | DBT              | CORP              | US        |   8000000 | PA      | $7217722.88   | 0.16%             | 2030-09-01      | Fixed         | 1.91%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974FDF7<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15035460.00  | 0.33%             | 2026-08-01      | Fixed         | 4.12%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 915130AE8<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11011283.00  | 0.25%             | 2041-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST         | New Jersey Transportation Trust Fund Authority                               | CUSIP: 64613CBB3<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5647025.00   | 0.13%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKWALL TX INDEP SCH DIST            | Rockwall Independent School District                                         | CUSIP: 774286FG8<br>LEI: 5493008ZIVPUZPQOR621 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6988806.00   | 0.16%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R        | State of Connecticut Special Tax Revenue                                     | CUSIP: 207758M75<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6775000 | PA      | $7545824.95   | 0.17%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING BRANCH TX INDEP SCH DIS        | Spring Branch Independent School District                                    | CUSIP: 849476VX1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9000000.00   | 0.20%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV REVENUES          | Texas A&M University                                                         | CUSIP: 88213ATM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2330510.40   | 0.05%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ                            | City of Phoenix AZ                                                           | CUSIP: 7188142C9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2005000 | PA      | $2040952.06   | 0.05%             | 2028-07-01      | Fixed         | 4.41%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64971X3J5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14781173.40  | 0.33%             | 2032-11-01      | Fixed         | 5.35%                 | No            |                  2 | On Loan: No      |
| KLEIN TX INDEP SCH DIST               | Klein Independent School District                                            | CUSIP: 498531VA7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5910941.50   | 0.13%             | 2035-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CABARRUS CNTY NC LTD OBLIG            | County of Cabarrus NC                                                        | CUSIP: 12677REA1<br>LEI: 549300HVGPJDNBDPZV71 | Long             | DBT              | MUN               | US        |  10250000 | PA      | $11859663.08  | 0.26%             | 2032-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSA5<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2785252.00   | 0.06%             | 2030-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL         | Philadelphia Authority for Industrial Development                            | CUSIP: 717901CA8<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $13800300.00  | 0.31%             | 2049-07-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64972JGQ5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8560000 | PA      | $9043408.88   | 0.20%             | 2045-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONROE TX INDEP SCH DIST              | Conroe Independent School District                                           | CUSIP: 2084184G5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3690000 | PA      | $3892844.47   | 0.09%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT RIVER AZ PROJ AGRIC IMPT&        | Salt River Project Agricultural Improvement & Power District                 | CUSIP: 79574CGZ0<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   7180000 | PA      | $8526173.17   | 0.19%             | 2036-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX INDEP SCH DIST         | San Antonio Independent School District/TX                                   | CUSIP: 796269P36<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2941345.50   | 0.07%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                          | State of Wisconsin                                                           | CUSIP: 97705MXH3<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $9037550.40   | 0.20%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TARRANT TX REGL WTR DIST WTR R        | Tarrant Regional Water District Water Supply System Revenue                  | CUSIP: 876443VQ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15160000 | PA      | $17650196.76  | 0.39%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140DR1<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5410000 | PA      | $5183424.87   | 0.12%             | 2028-01-01      | Fixed         | 1.48%                 | No            |                  2 | On Loan: No      |
| PRES & FELLOWS OF HARVAR              | President and Fellows of Harvard College                                     | CUSIP: 740816AS2<br>LEI: 6S3X7J22E861RNTJSA74 | Long             | DBT              | CORP              | US        |   3000000 | PA      | $3099181.23   | 0.07%             | 2030-03-15      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PCU9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2100000 | PA      | $2242941.33   | 0.05%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN COMMISSION         | Texas Transportation Commission                                              | CUSIP: 882830BT8<br>LEI: 5493006JSGNPGVJS7691 | Long             | DBT              | MUN               | US        |   4090000 | PA      | $4746763.20   | 0.11%             | 2033-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORNEY TX INDEP SCH DIST              | Forney Independent School District                                           | CUSIP: 346425LT6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4750000 | PA      | $5297925.80   | 0.12%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                        | County of Harris TX                                                          | CUSIP: 4140055J3<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7940750.30   | 0.18%             | 2031-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV REVENUES          | Texas A&M University                                                         | CUSIP: 88213AUJ2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $10487296.80  | 0.23%             | 2033-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MET WASHINGTON DC ARPTS AUTH A        | Metropolitan Washington Airports Authority Aviation Revenue                  | CUSIP: 592647MJ7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2850000 | PA      | $2897791.08   | 0.06%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV        | City & County of Denver CO Airport System Revenue                            | CUSIP: 249182LB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  27720000 | PA      | $29432827.12  | 0.66%             | 2028-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEPT OF TRANSPRTN HI        | State of Kansas Department of Transportation                                 | CUSIP: 485424TL9<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |  12000000 | PA      | $12192384.00  | 0.27%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                         | State of California                                                          | CUSIP: 13063EMH6<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $7744122.75   | 0.17%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT PASSENGER FAC         | City of Atlanta GA Airport Passenger Facility Charge                         | CUSIP: 04780TEE0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12890000 | PA      | $14274587.08  | 0.32%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JUDSON TX INDEP SCH DIST              | Judson Independent School District                                           | CUSIP: 481305NN6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  17090000 | PA      | $19765642.87  | 0.44%             | 2033-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH SALES TAX R        | Idaho State Building Authority                                               | CUSIP: 451446AM0<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10091324.00  | 0.22%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST BRD OF EDU PUBLIC E        | State of Florida                                                             | CUSIP: 34153QYE0<br>LEI: 5493004G5XFOOUT0LQ57 | Long             | DBT              | MUN               | US        |   8800000 | PA      | $8879189.44   | 0.20%             | 2026-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QRF5<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   3475000 | PA      | $4071235.64   | 0.09%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST WTR S        | North Texas Municipal Water District Water System Revenue                    | CUSIP: 662903J20<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9500000 | PA      | $10986028.00  | 0.24%             | 2037-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV PERM UNIV         | Permanent University Fund - Texas A&M University System                      | CUSIP: 8821178E7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3605000 | PA      | $4010990.05   | 0.09%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FLORIDA ST TURNPIKE AUTH TURNP        | State of Florida Department of Transportation Turnpike System Revenue        | CUSIP: 343137WG6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $17918727.00  | 0.40%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH WTR POLL         | Ohio Water Development Authority Water Pollution Control Loan Fund           | CUSIP: 67766WU83<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11885000 | PA      | $13731148.16  | 0.31%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSH0<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   5940000 | PA      | $7005829.05   | 0.16%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA SCH DIST #411 ISS        | King County School District No 411 Issaquah                                  | CUSIP: 4952244L8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9419970.60   | 0.21%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                         | State of California                                                          | CUSIP: 13063DM96<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11158344.00  | 0.25%             | 2037-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A        | City of Los Angeles Department of Airports                                   | CUSIP: 5444455R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2264279.40   | 0.05%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV PERM UNIV         | Permanent University Fund - Texas A&M University System                      | CUSIP: 8821178G2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6914620.20   | 0.15%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                   | Leland Stanford Junior University/The                                        | CUSIP: 85440KAE4<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |   6400000 | PA      | $6419711.17   | 0.14%             | 2035-03-01      | Fixed         | 4.68%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST                           | State of Delaware                                                            | CUSIP: 246381TX5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3620000 | PA      | $3661650.63   | 0.08%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST WTR RESOURCE BRD R        | Oklahoma Water Resources Board                                               | CUSIP: 67919PWK5<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   2335000 | PA      | $2731343.83   | 0.06%             | 2034-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORNEY TX INDEP SCH DIST              | Forney Independent School District                                           | CUSIP: 346425LU3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3750000 | PA      | $4260695.63   | 0.09%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| JUDSON TX INDEP SCH DIST              | Judson Independent School District                                           | CUSIP: 481305NM8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8635000 | PA      | $9855675.55   | 0.22%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                         | State of California                                                          | CUSIP: 13063EMG8<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |   2520000 | PA      | $2526166.19   | 0.06%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA WTR & SWR AUT        | District of Columbia Water & Sewer Authority                                 | CUSIP: 254845TL4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2035242.80   | 0.05%             | 2026-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KLEIN TX INDEP SCH DIST               | Klein Independent School District                                            | CUSIP: 498531UZ3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7560000 | PA      | $8879000.76   | 0.20%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514APD1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |  15520000 | PA      | $17982485.46  | 0.40%             | 2039-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST TURNPIKE AUTH                | Maine Turnpike Authority                                                     | CUSIP: 560551SB0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2223282.60   | 0.05%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP LEAS        | Maryland Economic Development Corp                                           | CUSIP: 57420PHK5<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   4860000 | PA      | $5637951.38   | 0.13%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSG2<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   3700000 | PA      | $4334840.82   | 0.10%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT RIVER AZ PROJ AGRIC IMPT&        | Salt River Project Agricultural Improvement & Power District                 | CUSIP: 79574CHA4<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   7100000 | PA      | $8349553.14   | 0.19%             | 2037-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORNEY TX INDEP SCH DIST              | Forney Independent School District                                           | CUSIP: 346425LV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4500000 | PA      | $5188850.55   | 0.12%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974E2J4<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16390156.50  | 0.37%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IDAHO ST BLDG AUTH SALES TAX R        | Idaho State Building Authority                                               | CUSIP: 451446AJ7<br>LEI: 549300XZ1VJYPPKQZU06 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5833415.50   | 0.13%             | 2033-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 915130BB3<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   6355000 | PA      | $7079171.32   | 0.16%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREGORY-PORTLAND TX INDEP SCHD        | Gregory-Portland Independent School District/TX                              | CUSIP: 397586TG3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10365000 | PA      | $11159796.49  | 0.25%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT LAKE CITY UT ARPT REVENUE        | City of Salt Lake City UT Airport Revenue                                    | CUSIP: 795576LM7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2729133.75   | 0.06%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH        | Massachusetts School Building Authority                                      | CUSIP: 576000E74<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5440000 | PA      | $5592249.82   | 0.12%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST         | New Jersey Transportation Trust Fund Authority                               | CUSIP: 64613CEK0<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $10435006.80  | 0.23%             | 2033-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                        | County of Harris TX                                                          | CUSIP: 4140055H7<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5570958.50   | 0.12%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                      | Commonwealth of Massachusetts                                                | CUSIP: 57582R3A2<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10296925.00  | 0.23%             | 2053-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE        | Texas State University System                                                | CUSIP: 88278PH49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8666937.75   | 0.19%             | 2033-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING & SNOHOMISH CNTYS WA SCHD        | King & Snohomish Counties School District No 417 Northshore                  | CUSIP: 4946562A8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6250000 | PA      | $6392891.25   | 0.14%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANGELO TX INDEP SCH DIST          | San Angelo Independent School District                                       | CUSIP: 796116UB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9515000 | PA      | $11011447.84  | 0.25%             | 2037-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSF4<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   5360000 | PA      | $6236288.71   | 0.14%             | 2032-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TECH UNIV REVENUES           | Texas Tech University System                                                 | CUSIP: 882806JJ2<br>LEI: 549300SPM8LGJKCQO195 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $17075335.50  | 0.38%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| GREGORY-PORTLAND TX INDEP SCHD        | Gregory-Portland Independent School District/TX                              | CUSIP: 397586TF5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5750000 | PA      | $6067263.73   | 0.14%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KXE4<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   4715000 | PA      | $4813730.21   | 0.11%             | 2027-05-01      | Fixed         | 5.38%                 | No            |                  2 | On Loan: No      |
| OHIO ST                               | State of Ohio                                                                | CUSIP: 677523JH6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |  10805000 | PA      | $12779919.53  | 0.28%             | 2034-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST ECON DEV CORP LEAS        | Maryland Economic Development Corp                                           | CUSIP: 57420PHJ8<br>LEI: 549300JJ16DDBSZWSN94 | Long             | DBT              | MUN               | US        |   4630000 | PA      | $5302869.10   | 0.12%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| STANFORD UNIVERSITY                   | Leland Stanford Junior University/The                                        | CUSIP: 85440KAC8<br>LEI: JIUV0DC2REIJXQ26CR37 | Long             | DBT              | CORP              | US        |   5000000 | PA      | $4840124.00   | 0.11%             | 2027-06-01      | Fixed         | 1.29%                 | No            |                  2 | On Loan: No      |
| GREGORY-PORTLAND TX INDEP SCHD        | Gregory-Portland Independent School District/TX                              | CUSIP: 397586TH1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3100000 | PA      | $3408760.31   | 0.08%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                        | County of Harris TX                                                          | CUSIP: 4140055G9<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   5145000 | PA      | $5618270.03   | 0.13%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| IOWA ST FIN AUTH REVENUE              | Iowa Finance Authority                                                       | CUSIP: 46247SFR0<br>LEI: 549300NQVL49BTHOW391 | Long             | DBT              | MUN               | US        |  16125000 | PA      | $19036120.43  | 0.42%             | 2034-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST HLTH & EDUCTNL         | Connecticut State Health & Educational Facilities Authority                  | CUSIP: 20775DZJ4<br>LEI: 549300ZOQJ5U8YBS5Q35 | Long             | DBT              | MUN               | US        |   5260000 | PA      | $6170795.30   | 0.14%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UTILITY DEBT SECURITIZATION AU        | Utility Debt Securitization Authority                                        | CUSIP: 91802RFA2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10210000 | PA      | $11467377.84  | 0.26%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PORTLAND OR WTR SYS REVENUE           | City of Portland OR Water System Revenue                                     | CUSIP: 736754SY9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2120896.60   | 0.05%             | 2028-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV        | City & County of Denver CO Airport System Revenue                            | CUSIP: 249182QM1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6175000 | PA      | $6766673.06   | 0.15%             | 2036-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE        | Texas State University System                                                | CUSIP: 88278PH56<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8770383.00   | 0.20%             | 2034-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL         | Philadelphia Authority for Industrial Development                            | CUSIP: 717901BN1<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   5890000 | PA      | $6106362.08   | 0.14%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCOTTSDALE AZ                         | City of Scottsdale AZ                                                        | CUSIP: 810454FP8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2925000 | PA      | $3411886.43   | 0.08%             | 2037-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64972JUP1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9335000 | PA      | $9792530.75   | 0.22%             | 2034-05-01      | Fixed         | 5.27%                 | No            |                  2 | On Loan: No      |
| HAMPTON ROADS VA TRANSPRTN ACC        | Hampton Roads Transportation Accountability Commission                       | CUSIP: 409328BG5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3407281.50   | 0.08%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANGELO TX INDEP SCH DIST          | San Angelo Independent School District                                       | CUSIP: 796116UC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5575000 | PA      | $6400110.59   | 0.14%             | 2038-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSE7<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   6825000 | PA      | $7885156.60   | 0.18%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA                      | District of Columbia                                                         | CUSIP: 25476FF52<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   5045000 | PA      | $5510420.93   | 0.12%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX WTR REVENUE            | San Antonio Water System                                                     | CUSIP: 79642GSY9<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5431475.50   | 0.12%             | 2029-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 6461396M2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2557994.00   | 0.06%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS TX INDEP SCH        | Cypress-Fairbanks Independent School District                                | CUSIP: 232769QB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9500000 | PA      | $10703941.65  | 0.24%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX INDEP SCH DIST         | San Antonio Independent School District/TX                                   | CUSIP: 796269N87<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4600000 | PA      | $5206040.34   | 0.12%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                      | Commonwealth of Massachusetts                                                | CUSIP: 57582RU53<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11536591.00  | 0.26%             | 2032-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE          | Illinois Finance Authority                                                   | CUSIP: 45204FC52<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   9130000 | PA      | $10450005.36  | 0.23%             | 2039-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF DELAWARE DE                   | University of Delaware                                                       | CUSIP: 914245EC5<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | DBT              | MUN               | US        |   3375000 | PA      | $3907039.73   | 0.09%             | 2032-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE        | Texas State University System                                                | CUSIP: 88278PG81<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4317205.20   | 0.10%             | 2029-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST         | New Jersey Transportation Trust Fund Authority                               | CUSIP: 64613CAZ1<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   3210000 | PA      | $3619371.62   | 0.08%             | 2031-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX WTR & WSTWTR SYS REV        | City of Austin TX Water & Wastewater System Revenue                          | CUSIP: 052477PM2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2185000 | PA      | $2450954.92   | 0.05%             | 2030-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA CNTY CA                   | County of Santa Clara CA                                                     | CUSIP: 801546SL7<br>LEI: 254900JSVO2QQ5A3DV83 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10107157.00  | 0.23%             | 2027-08-01      | Fixed         | 4.30%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH        | Massachusetts School Building Authority                                      | CUSIP: 576000F32<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7300000 | PA      | $8285331.37   | 0.18%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST TURNPIKE AUTH                | Maine Turnpike Authority                                                     | CUSIP: 560551SD6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1148466.00   | 0.03%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST UNIV                  | Pennsylvania State University/The                                            | CUSIP: 7092353Q6<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   9105000 | PA      | $10347673.16  | 0.23%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REVENUE        | Kansas Development Finance Authority                                         | CUSIP: 48542RB29<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |   6595000 | PA      | $7537140.60   | 0.17%             | 2038-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEANDER TX INDEP SCH DIST             | Leander Independent School District                                          | CUSIP: 521841J49<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5275881.50   | 0.12%             | 2028-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA WTR & SWR AUT        | District of Columbia Water & Sewer Authority                                 | CUSIP: 254845TU4<br>LEI: 549300OT2FIJQJ5PSH71 | Long             | DBT              | MUN               | US        |   2565000 | PA      | $3042682.00   | 0.07%             | 2034-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE        | District of Columbia Income Tax Revenue                                      | CUSIP: 25477GVB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7185000 | PA      | $7167852.28   | 0.16%             | 2030-07-01      | Fixed         | 3.81%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                           | State of Maryland                                                            | CUSIP: 574193WS3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12875000 | PA      | $14798767.05  | 0.33%             | 2038-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO SCH DIST        | Denver City & County School District No 1                                    | CUSIP: 249174ZG1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2046226.40   | 0.05%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| EL PASO TX WTR & SWR REVENUE          | City of El Paso TX Water & Sewer Revenue                                     | CUSIP: 283822ZV9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5250420.00   | 0.12%             | 2046-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM        | North Carolina Medical Care Commission                                       | CUSIP: 65821DZJ3<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6842178.60   | 0.15%             | 2032-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT RIVER AZ PROJ AGRIC IMPT&        | Salt River Project Agricultural Improvement & Power District                 | CUSIP: 79574CBY8<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   3950000 | PA      | $4039153.48   | 0.09%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX WTR & WSTWTR SYS REV        | City of Austin TX Water & Wastewater System Revenue                          | CUSIP: 052477E77<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3530000 | PA      | $3694787.11   | 0.08%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PDK0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6695000 | PA      | $7738103.09   | 0.17%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRISCO TX INDEP SCH DIST              | Frisco Independent School District                                           | CUSIP: 35880C6G4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5694781.50   | 0.13%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX WTR REVENUE            | San Antonio Water System                                                     | CUSIP: 79642GSZ6<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   2145000 | PA      | $2377525.51   | 0.05%             | 2030-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PDE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2344060.13   | 0.05%             | 2027-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX WTR REVENUE            | San Antonio Water System                                                     | CUSIP: 79642GPT3<br>LEI: 549300S7VENCVRZAA322 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2519309.50   | 0.06%             | 2026-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRISCO TX INDEP SCH DIST              | Frisco Independent School District                                           | CUSIP: 35880C6F6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6171988.90   | 0.14%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH WTR POLL         | Ohio Water Development Authority Water Pollution Control Loan Fund           | CUSIP: 67766WN65<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7640000 | PA      | $8084690.78   | 0.18%             | 2047-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKWALL TX INDEP SCH DIST            | Rockwall Independent School District                                         | CUSIP: 774286FA1<br>LEI: 5493008ZIVPUZPQOR621 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4323822.00   | 0.10%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX INDEP SCH DIST         | San Antonio Independent School District/TX                                   | CUSIP: 796269N95<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2685000 | PA      | $3078552.53   | 0.07%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CYPRESS-FAIRBANKS TX INDEP SCH        | Cypress-Fairbanks Independent School District                                | CUSIP: 232769QC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14020000 | PA      | $16035724.10  | 0.36%             | 2032-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MONTGOMERY CNTY MD                    | County of Montgomery MD                                                      | CUSIP: 61334PFR9<br>LEI: 549300GNX5SDUEBKPK13 | Long             | DBT              | MUN               | US        |  13915000 | PA      | $15412320.79  | 0.34%             | 2036-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                          | State of Wisconsin                                                           | CUSIP: 97705MS30<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |   9410000 | PA      | $9474073.63   | 0.21%             | 2026-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| BALTIMORE CNTY MD                     | County of Baltimore MD                                                       | CUSIP: 05914GEN4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5685000 | PA      | $6146851.11   | 0.14%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE        | Texas State University System                                                | CUSIP: 88278PG99<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4100000 | PA      | $4519142.59   | 0.10%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MESQUITE TX INDEP SCH DIST            | Mesquite Independent School District                                         | CUSIP: 590760UP7<br>LEI: 549300M7COV11VUIZE16 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4546966.80   | 0.10%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA ST WTR RESOURCE BRD R        | Oklahoma Water Resources Board                                               | CUSIP: 67919PWG4<br>LEI: 5493007CUNXW5UX11C71 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $3096801.68   | 0.07%             | 2031-04-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 9151158P7<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   4425000 | PA      | $5007404.34   | 0.11%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST UNIV                  | Pennsylvania State University/The                                            | CUSIP: 7092353P8<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   7325000 | PA      | $8173754.34   | 0.18%             | 2030-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HLTH FACS AUTH REV        | Colorado Health Facilities Authority                                         | CUSIP: 19648FYD0<br>LEI: 5493002JB6DRFRZPEQ21 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $3888244.50   | 0.09%             | 2037-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST                          | State of Wisconsin                                                           | CUSIP: 97705MT54<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11630806.00  | 0.26%             | 2036-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE        | District of Columbia Income Tax Revenue                                      | CUSIP: 25477GVC6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $5958219.60   | 0.13%             | 2031-07-01      | Fixed         | 3.86%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                           | City of New York NY                                                          | CUSIP: 64966Q7K0<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  12335000 | PA      | $12634302.61  | 0.28%             | 2027-10-01      | Fixed         | 5.31%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PDL8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3000000 | PA      | $3513654.00   | 0.08%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MAINE ST TURNPIKE AUTH                | Maine Turnpike Authority                                                     | CUSIP: 560551SF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1175842.30   | 0.03%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE           | State of Hawaii Airports System Revenue                                      | CUSIP: 419794C34<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10350000 | PA      | $11311447.73  | 0.25%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC COMB ENTERPRISE SYS        | City of Raleigh NC Combined Enterprise System Revenue                        | CUSIP: 751100NX2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3535000 | PA      | $4222183.50   | 0.09%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY MUNI WTR FIN         | New York City Municipal Water Finance Authority                              | CUSIP: 64972GS70<br>LEI: 549300Q2EHQ6RJPQKP05 | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9501313.50   | 0.21%             | 2047-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WISCONSIN ST GEN FUND ANNUAL A        | State of Wisconsin                                                           | CUSIP: 977100GS9<br>LEI: 549300VTAT608CNZ5827 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10343790.00  | 0.23%             | 2029-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE               | City of Atlanta GA Department of Aviation                                    | CUSIP: 04780M2N8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3460000 | PA      | $3896087.33   | 0.09%             | 2032-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV        | Empire State Development Corp                                                | CUSIP: 650035T99<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |   2105000 | PA      | $2112181.84   | 0.05%             | 2027-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEANDER TX INDEP SCH DIST             | Leander Independent School District                                          | CUSIP: 521841J31<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5137440.50   | 0.11%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA                      | District of Columbia                                                         | CUSIP: 25476FC97<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5461269.50   | 0.12%             | 2029-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV PERM UNIV         | Permanent University Fund - Texas A&M University System                      | CUSIP: 8821178B3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13420000 | PA      | $13941558.91  | 0.31%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OSSEO MN INDEP SCH DIST #279          | Osseo Independent School District No 279                                     | CUSIP: 688443Z45<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5000000.00   | 0.11%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSK3<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   6820000 | PA      | $8138027.74   | 0.18%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH            | Colorado Housing and Finance Authority                                       | CUSIP: 19648GRW4<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   2935000 | PA      | $2996472.11   | 0.07%             | 2032-05-01      | Fixed         | 4.83%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST PORT AUTH            | Massachusetts Port Authority                                                 | CUSIP: 575896YR0<br>LEI: 254900JRR8IDSSKWCL90 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5594549.50   | 0.12%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FRISCO TX INDEP SCH DIST              | Frisco Independent School District                                           | CUSIP: 35880C6E9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5512182.50   | 0.12%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE        | Texas State University System                                                | CUSIP: 88278PH80<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6700000 | PA      | $7659826.59   | 0.17%             | 2037-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RICHARDSON TX INDEP SCH DIST          | Richardson Independent School District                                       | CUSIP: 763262AB8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  20020000 | PA      | $20039585.57  | 0.45%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLUMBUS OH                           | City of Columbus OH                                                          | CUSIP: 1994926V6<br>LEI: 254900NS3ODS0FZ3AM48 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2029577.80   | 0.05%             | 2026-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ILLINOIS ST FIN AUTH REVENUE          | Illinois Finance Authority                                                   | CUSIP: 45204FA96<br>LEI: 549300ZG6UBPNNNRN315 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2894748.75   | 0.06%             | 2033-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF WTR & P        | Los Angeles Department of Water & Power Water System Revenue                 | CUSIP: 544525Q92<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5188991.50   | 0.12%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE               | City of Atlanta GA Department of Aviation                                    | CUSIP: 04780M2M0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4350000 | PA      | $4839084.42   | 0.11%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KNN5<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   6295000 | PA      | $6374024.28   | 0.14%             | 2026-07-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA                          | County of King WA                                                            | CUSIP: 49474F6P0<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2374859.80   | 0.05%             | 2034-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC        | Health & Educational Facilities Authority of the State of Missouri           | CUSIP: 60637AYP1<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2812094.50   | 0.06%             | 2032-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CITY OK                      | City of Oklahoma City OK                                                     | CUSIP: 6785192L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8420000 | PA      | $9118463.42   | 0.20%             | 2029-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| AUSTIN TX WTR & WSTWTR SYS REV        | City of Austin TX Water & Wastewater System Revenue                          | CUSIP: 052477E51<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |    360000 | PA      | $375965.64    | 0.01%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSJ6<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   5930000 | PA      | $7039677.94   | 0.16%             | 2034-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEPT OF TRANSPRTN HI        | State of Kansas Department of Transportation                                 | CUSIP: 485424TN5<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   4410000 | PA      | $4718755.13   | 0.11%             | 2028-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CITY OK WTR UTILITIES        | Oklahoma City Water Utilities Trust                                          | CUSIP: 67865EAG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5675000 | PA      | $5653244.32   | 0.13%             | 2029-07-01      | Fixed         | 3.67%                 | No            |                  2 | On Loan: No      |
| TEXAS ST UNIV SYS FING REVENUE        | Texas State University System                                                | CUSIP: 88278PG73<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10170000 | PA      | $10724371.79  | 0.24%             | 2028-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SCOTTSDALE AZ MUNI PROPERTY CO        | Scottsdale Municipal Property Corp                                           | CUSIP: 810489XB5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8500000 | PA      | $9846009.85   | 0.22%             | 2038-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MISSOURI ST HLTH & EDUCTNL FAC        | Health & Educational Facilities Authority of the State of Missouri           | CUSIP: 60637AYN6<br>LEI: 549300IWTBCMX5JB3277 | Long             | DBT              | MUN               | US        |   4360000 | PA      | $4714597.93   | 0.11%             | 2029-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 6461397B5<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1024506.10   | 0.02%             | 2027-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FORNEY TX INDEP SCH DIST              | Forney Independent School District                                           | CUSIP: 346425LS8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5250000 | PA      | $5732302.28   | 0.13%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MECKLENBURG CNTY NC LTD OBLG          | County of Mecklenburg NC                                                     | CUSIP: 58400CBP1<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |  11195000 | PA      | $12086888.86  | 0.27%             | 2029-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV        | Empire State Development Corp                                                | CUSIP: 650036FD3<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11094495.00  | 0.25%             | 2030-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067EJ3<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10300026.00  | 0.23%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A        | City of Los Angeles Department of Airports                                   | CUSIP: 544445W62<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2250000 | PA      | $2318858.10   | 0.05%             | 2027-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 9151158N2<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7220475.60   | 0.16%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEPT OF TRANSPRTN HI        | State of Kansas Department of Transportation                                 | CUSIP: 485424TM7<br>LEI: 5493001635XK841MIO47 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2086866.00   | 0.05%             | 2027-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SANTA CLARA CNTY CA                   | County of Santa Clara CA                                                     | CUSIP: 801546SN3<br>LEI: 254900JSVO2QQ5A3DV83 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10188993.00  | 0.23%             | 2029-08-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| OHIO ST ADULT CORRECTIONAL CAP        | State of Ohio                                                                | CUSIP: 677524ET3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   5615000 | PA      | $6277684.55   | 0.14%             | 2030-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE               | City of Atlanta GA Department of Aviation                                    | CUSIP: 04780M2L2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3559194.93   | 0.08%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX                        | County of Harris TX                                                          | CUSIP: 4140052V9<br>LEI: 549300G9BRP25M0W1S40 | Long             | DBT              | MUN               | US        |   6085000 | PA      | $7095723.37   | 0.16%             | 2033-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH            | Colorado Housing and Finance Authority                                       | CUSIP: 19648GRU8<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   2245000 | PA      | $2286662.93   | 0.05%             | 2031-05-01      | Fixed         | 4.63%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST WTR S        | North Texas Municipal Water District Water System Revenue                    | CUSIP: 662903H71<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5892624.50   | 0.13%             | 2034-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHOENIX AZ CIVIC IMPT CORP ARP        | City of Phoenix Civic Improvement Corp                                       | CUSIP: 71883MQM9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5376438.00   | 0.12%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KE96<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11554297.00  | 0.26%             | 2032-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RUTGERS NJ ST UNIV                    | Rutgers The State University of New Jersey                                   | CUSIP: 783186UL1<br>LEI: 549300BOYDHNW8J60112 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $1910664.80   | 0.04%             | 2028-05-01      | Fixed         | 1.66%                 | No            |                  2 | On Loan: No      |
| MECKLENBURG CNTY NC LTD OBLG          | County of Mecklenburg NC                                                     | CUSIP: 58400CBM8<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |  11285000 | PA      | $11598781.68  | 0.26%             | 2027-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067KQ0<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   7585000 | PA      | $9123957.06   | 0.20%             | 2035-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140FC2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   3755000 | PA      | $4036901.74   | 0.09%             | 2029-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140FD0<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   3400000 | PA      | $3738244.24   | 0.08%             | 2030-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REVENUE        | Kansas Development Finance Authority                                         | CUSIP: 48542RA46<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |  13325000 | PA      | $15368376.76  | 0.34%             | 2032-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HAWAII ST ARPTS SYS REVENUE           | State of Hawaii Airports System Revenue                                      | CUSIP: 419794C67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6015000 | PA      | $6485747.73   | 0.14%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 6460665H9<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   1815000 | PA      | $1876789.86   | 0.04%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST A & M UNIV PERM UNIV         | Permanent University Fund - Texas A&M University System                      | CUSIP: 882117E67<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10285000 | PA      | $10757024.93  | 0.24%             | 2028-07-01      | Fixed         | 5.50%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT PASSENGER FAC         | City of Atlanta GA Airport Passenger Facility Charge                         | CUSIP: 04780TED2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9280000 | PA      | $10338746.85  | 0.23%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST WTR S        | North Texas Municipal Water District Water System Revenue                    | CUSIP: 662903H63<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11665845.00  | 0.26%             | 2033-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST BAY TRANSPRTN        | Massachusetts Bay Transportation Authority Sales Tax Revenue                 | CUSIP: 575579Y76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8849934.00   | 0.20%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA                      | District of Columbia                                                         | CUSIP: 25476FC63<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   7440000 | PA      | $7543235.21   | 0.17%             | 2026-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64971X3G1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15656502.00  | 0.35%             | 2030-11-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| CONROE TX INDEP SCH DIST              | Conroe Independent School District                                           | CUSIP: 2084184F7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2056848.20   | 0.05%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64971X3E6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  14000000 | PA      | $14396264.40  | 0.32%             | 2028-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DENVER CITY & CNTY CO ARPT REV        | City & County of Denver CO Airport System Revenue                            | CUSIP: 249182QC3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  11590000 | PA      | $12084380.72  | 0.27%             | 2027-11-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST WTR S        | North Texas Municipal Water District Water System Revenue                    | CUSIP: 662903H48<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5683136.50   | 0.13%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SAN ANTONIO TX INDEP SCH DIST         | San Antonio Independent School District/TX                                   | CUSIP: 796269N53<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2668385.50   | 0.06%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514ANC5<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |   7470000 | PA      | $8491460.50   | 0.19%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KE54<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10672521.00  | 0.24%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SSM HEALTH CARE                       | SSM Health Care Corp                                                         | CUSIP: 784710AC9<br>LEI: 5493000QP6H63JFPC580 | Long             | DBT              | CORP              | US        |  20000000 | PA      | $20315235.00  | 0.45%             | 2028-06-01      | Fixed         | 4.89%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067KP2<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   7735000 | PA      | $9231519.07   | 0.21%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST SCH BLDG AUTH        | Massachusetts School Building Authority                                      | CUSIP: 576000G23<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2973175.50   | 0.07%             | 2036-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANKIN TX INDEP SCH DIST              | Rankin Independent School District                                           | CUSIP: 753177DZ4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2435000 | PA      | $2437319.09   | 0.05%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 915130AX6<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   1875000 | PA      | $1896393.56   | 0.04%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL         | Philadelphia Authority for Industrial Development                            | CUSIP: 717901BM3<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   7000000 | PA      | $7074915.40   | 0.16%             | 2026-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64971X3F3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15543078.00  | 0.35%             | 2029-11-01      | Fixed         | 5.05%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST WTR S        | North Texas Municipal Water District Water System Revenue                    | CUSIP: 662903H55<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5769544.00   | 0.13%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONROE TX INDEP SCH DIST              | Conroe Independent School District                                           | CUSIP: 2084185G4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  13000000 | PA      | $14535349.40  | 0.32%             | 2041-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SOUTH DAKOTA ST HLTH & EDUCTNL        | South Dakota Health & Educational Facilities Authority                       | CUSIP: 83755VS62<br>LEI: 549300ZW6LKR8UI2C378 | Long             | DBT              | MUN               | US        |   7955000 | PA      | $8844139.90   | 0.20%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE        | District of Columbia Income Tax Revenue                                      | CUSIP: 25477GWA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4280000 | PA      | $4620314.36   | 0.10%             | 2043-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DELAWARE ST                           | State of Delaware                                                            | CUSIP: 246381PA9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7705000 | PA      | $8058248.82   | 0.18%             | 2027-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF DELAWARE DE                   | University of Delaware                                                       | CUSIP: 914245EG6<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | DBT              | MUN               | US        |   7500000 | PA      | $8763375.75   | 0.20%             | 2036-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLLIN CNTY TX                        | County of Collin TX                                                          | CUSIP: 194740SS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6730000 | PA      | $6918493.17   | 0.15%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH            | Colorado Housing and Finance Authority                                       | CUSIP: 19648GRS3<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1295000 | PA      | $1317444.16   | 0.03%             | 2030-05-01      | Fixed         | 4.51%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX FLOOD CONTROL D        | Harris County Flood Control District                                         | CUSIP: 414019CU1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6685150.20   | 0.15%             | 2030-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QRM0<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5922770.00   | 0.13%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64971X3H9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10500030.00  | 0.23%             | 2031-11-01      | Fixed         | 5.25%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX INDEP SCH DIST             | Houston Independent School District                                          | CUSIP: 442403RD5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5004984.00   | 0.11%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KE70<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   8000000 | PA      | $8935985.60   | 0.20%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE               | City of Atlanta GA Department of Aviation                                    | CUSIP: 04780M2Q1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7350000 | PA      | $8436348.38   | 0.19%             | 2034-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MINNESOTA ST                          | State of Minnesota                                                           | CUSIP: 60412AYJ6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   7360000 | PA      | $8227213.34   | 0.18%             | 2038-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RALEIGH NC COMB ENTERPRISE SYS        | City of Raleigh NC Combined Enterprise System Revenue                        | CUSIP: 751100NW4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3575000 | PA      | $4222889.74   | 0.09%             | 2033-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX FLOOD CONTROL D        | Harris County Flood Control District                                         | CUSIP: 414019CT4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9827877.60   | 0.22%             | 2029-09-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAMDEN CNTY NJ IMPT AUTH REVEN        | Camden County Improvement Authority/The                                      | CUSIP: 13281NK27<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1052418.00   | 0.02%             | 2028-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST BAY TRANSPRTN        | Massachusetts Bay Transportation Authority Sales Tax Revenue                 | CUSIP: 575579Y50<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2775000 | PA      | $3172358.63   | 0.07%             | 2031-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA                      | District of Columbia                                                         | CUSIP: 25476FC89<br>LEI: 549300HWFOZXPKGOX654 | Long             | DBT              | MUN               | US        |   4150000 | PA      | $4428259.16   | 0.10%             | 2028-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067HL5<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |  18800000 | PA      | $21950169.36  | 0.49%             | 2036-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514ANE1<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11706039.00  | 0.26%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KE88<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11376321.00  | 0.25%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST CLEAN WTR TRU        | Massachusetts Clean Water Trust/The                                          | CUSIP: 575829KQ8<br>LEI: 549300SYPEROLSQU0261 | Long             | DBT              | MUN               | US        |   4900000 | PA      | $5321568.07   | 0.12%             | 2042-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST UNIV                  | Pennsylvania State University/The                                            | CUSIP: 7092353R4<br>LEI: 549300QDK4O4XCJ47X56 | Long             | DBT              | MUN               | US        |   2880000 | PA      | $3322846.37   | 0.07%             | 2032-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KANSAS ST DEV FIN AUTH REVENUE        | Kansas Development Finance Authority                                         | CUSIP: 48542RA20<br>LEI: 549300WTL7BL8KBDPR87 | Long             | DBT              | MUN               | US        |  10510000 | PA      | $11689171.55  | 0.26%             | 2030-05-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| N TEXAS ST MUNI WTR DIST REGL         | North Texas Municipal Water District                                         | CUSIP: 6628353V7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4600000 | PA      | $5434110.18   | 0.12%             | 2035-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST                       | Commonwealth of Pennsylvania                                                 | CUSIP: 70914P2V3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10159154.00  | 0.23%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST                        | State of Connecticut                                                         | CUSIP: 20772KEY1<br>LEI: 549300PHW5BZHA7BEX81 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6016855.20   | 0.13%             | 2027-09-15      | Fixed         | 3.85%                 | No            |                  2 | On Loan: No      |
| HOUSTON TX INDEP SCH DIST             | Houston Independent School District                                          | CUSIP: 442403RE3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2572361.75   | 0.06%             | 2027-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MECKLENBURG CNTY NC                   | County of Mecklenburg NC                                                     | CUSIP: 584002YK9<br>LEI: 5493006G3IC5PBHB7A65 | Long             | DBT              | MUN               | US        |  11645000 | PA      | $11833390.48  | 0.26%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ATLANTA GA ARPT REVENUE               | City of Atlanta GA Department of Aviation                                    | CUSIP: 04780M2P3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4550932.80   | 0.10%             | 2033-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| FAIRFAX CNTY VA                       | County of Fairfax VA                                                         | CUSIP: 30382APD8<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  16640000 | PA      | $18105820.93  | 0.40%             | 2031-10-01      | Fixed         | 4.00%                 | No            |                  2 | On Loan: No      |
| DENTON TX INDEP SCH DIST              | Denton Independent School District                                           | CUSIP: 249002LR5<br>LEI: 5493005I9W678SUI0Z07 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5805501.50   | 0.13%             | 2034-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SNOHOMISH CNTY WA SCH DIST #15        | Snohomish County School District No 15 Edmonds                               | CUSIP: 833153VR7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2270000 | PA      | $2496681.97   | 0.06%             | 2029-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF DELAWARE DE                   | University of Delaware                                                       | CUSIP: 914245EE1<br>LEI: KPIOJCFMR70NWLS6O145 | Long             | DBT              | MUN               | US        |   9500000 | PA      | $11271675.90  | 0.25%             | 2034-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CONNECTICUT ST SPL TAX OBLIG R        | State of Connecticut Special Tax Revenue                                     | CUSIP: 207758S79<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5865000 | PA      | $6391246.51   | 0.14%             | 2029-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974ET71<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $23438732.00  | 0.52%             | 2035-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| ROCKWALL TX INDEP SCH DIST            | Rockwall Independent School District                                         | CUSIP: 774286FB9<br>LEI: 5493008ZIVPUZPQOR621 | Long             | DBT              | MUN               | US        |   4155000 | PA      | $4594136.55   | 0.10%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CAMDEN CNTY NJ IMPT AUTH REVEN        | Camden County Improvement Authority/The                                      | CUSIP: 13281NK35<br>LEI: 549300UTQBT9ZE0QFB15 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1078738.20   | 0.02%             | 2029-01-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH            | Colorado Housing and Finance Authority                                       | CUSIP: 19648GRQ7<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   1000000 | PA      | $1014250.40   | 0.02%             | 2029-05-01      | Fixed         | 4.33%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64971X6N3<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10318389.00  | 0.23%             | 2032-02-01      | Fixed         | 4.90%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QSM9<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |   4720000 | PA      | $5622955.35   | 0.13%             | 2035-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TOMBALL TX INDEP SCH DIST             | Tomball Independent School District                                          | CUSIP: 8898552A9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2693225.50   | 0.06%             | 2029-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140FW8<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5412184.50   | 0.12%             | 2044-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PDF1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6350000 | PA      | $6782227.36   | 0.15%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| WASHINGTON ST                         | State of Washington                                                          | CUSIP: 93974EC95<br>LEI: 549300X3TODFMUKLQ364 | Long             | DBT              | MUN               | US        |  20000000 | PA      | $22725536.00  | 0.51%             | 2037-08-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TRAVIS CNTY TX                        | County of Travis TX                                                          | CUSIP: 89454ABW0<br>LEI: 549300HEC6MNL5465K30 | Long             | DBT              | MUN               | US        |  14970000 | PA      | $16504110.63  | 0.37%             | 2030-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY INFRASTRUCTURE BANK        | New Jersey Infrastructure Bank                                               | CUSIP: 64580CNM5<br>LEI: 5493006ZE03IRA2BET07 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $10501403.00  | 0.23%             | 2047-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| COLORADO ST HSG & FIN AUTH            | Colorado Housing and Finance Authority                                       | CUSIP: 19648GRY0<br>LEI: 5493005GIROYQAWBMC18 | Long             | DBT              | MUN               | US        |   2750000 | PA      | $2789462.50   | 0.06%             | 2033-05-01      | Fixed         | 4.93%                 | No            |                  2 | On Loan: No      |
| KATY TX INDEP SCH DIST                | Katy Independent School District                                             | CUSIP: 486063V64<br>LEI: 254900H9QSKVP2HWVL72 | Long             | DBT              | MUN               | US        |   6205000 | PA      | $6211208.10   | 0.14%             | 2026-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PDG9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3250000 | PA      | $3552348.15   | 0.08%             | 2029-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OKLAHOMA CITY OK                      | City of Oklahoma City OK                                                     | CUSIP: 6785192R9<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   8420000 | PA      | $9722477.17   | 0.22%             | 2034-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067HB7<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   6665000 | PA      | $6864967.33   | 0.15%             | 2027-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST URBAN DEV CORP REV        | Empire State Development Corp                                                | CUSIP: 650036FF8<br>LEI: 54930039Y2EMGXN6LM88 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11312124.00  | 0.25%             | 2031-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PENNSYLVANIA ST HGR EDUCTNL FA        | Pennsylvania Higher Educational Facilities Authority                         | CUSIP: 70917TTB7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5912001.00   | 0.13%             | 2035-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SPRING TX INDEP SCH DIST              | Spring Independent School District                                           | CUSIP: 850001BS6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  12935000 | PA      | $14632002.15  | 0.33%             | 2031-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067KH0<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |  12210000 | PA      | $13017013.85  | 0.29%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MASSACHUSETTS ST                      | Commonwealth of Massachusetts                                                | CUSIP: 57582RY83<br>LEI: 5493001N1YCXNI1O7K10 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11468598.00  | 0.26%             | 2031-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL         | Philadelphia Authority for Industrial Development                            | CUSIP: 717901BP6<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   6275000 | PA      | $6657753.67   | 0.15%             | 2028-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORFOLK VA                            | City of Norfolk VA                                                           | CUSIP: 655867T33<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6790000 | PA      | $7746827.79   | 0.17%             | 2031-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST WTR DEV AUTH REVENUE          | Ohio Water Development Authority                                             | CUSIP: 67765QRV0<br>LEI: 549300QMBH1DMY67FZ74 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11364521.00  | 0.25%             | 2041-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK ST DORM AUTH ST PERSO        | New York State Dormitory Authority                                           | CUSIP: 64990KGH0<br>LEI: 549300C8XO7EXTX2XU71 | Long             | DBT              | MUN               | US        |  10000000 | PA      | $11767685.00  | 0.26%             | 2036-03-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| HARRIS CNTY TX TOLL ROAD REVEN        | County of Harris TX Toll Road Revenue                                        | CUSIP: 41423PDH7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2500000 | PA      | $2790529.00   | 0.06%             | 2030-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| DIST OF COLUMBIA INCOME TAX SE        | District of Columbia Income Tax Revenue                                      | CUSIP: 25477GVG7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   3660000 | PA      | $3744685.81   | 0.08%             | 2026-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| Federated U.S. Treasury Cash Reserves | Federated U.S. Treasury Cash Reserves                                        | CUSIP: 31423R880<br>LEI: 25490003NTA1P9CI5X97 | Long             | STIV             | RF                | US        | 216725881 | NS      | $216725881.00 | 4.83%             |  |  |  | No            |                  1 | On Loan: No      |
| MASSACHUSETTS ST DEV FIN AGY R        | Massachusetts Development Finance Agency                                     | CUSIP: 57585BGT9<br>LEI: 549300UZSVMFXJK08K70 | Long             | DBT              | MUN               | US        |   8575000 | PA      | $9834862.15   | 0.22%             | 2055-05-15      | Variable      | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST ADULT CORRECTIONAL CAP        | State of Ohio                                                                | CUSIP: 677524EV8<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4606070.40   | 0.10%             | 2032-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANKIN TX INDEP SCH DIST              | Rankin Independent School District                                           | CUSIP: 753177ED2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251190.50   | 0.03%             | 2031-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX UNIV REVENUES        | Board of Regents of the University of Texas System                           | CUSIP: 91514ALW3<br>LEI: TEHUYFNKZR6XVWLGEU86 | Long             | DBT              | MUN               | US        |  14775000 | PA      | $16980578.02  | 0.38%             | 2037-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK CITY NY TRANSITIONAL         | New York City Transitional Finance Authority Future Tax Secured Revenue      | CUSIP: 64971W4P2<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   9000000 | PA      | $9222734.70   | 0.21%             | 2031-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST EDUCTNL FACS AUT        | New Jersey Educational Facilities Authority                                  | CUSIP: 646067HA9<br>LEI: 549300UTOO4X537XXG70 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5011065.50   | 0.11%             | 2026-03-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| PHILADELPHIA PA AUTH FOR INDL         | Philadelphia Authority for Industrial Development                            | CUSIP: 717901BR2<br>LEI: 549300DIY68KQZEW7M79 | Long             | DBT              | MUN               | US        |   6500000 | PA      | $7188837.50   | 0.16%             | 2030-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LEWISVILLE TX INDEP SCH DIST          | Lewisville Independent School District                                       | CUSIP: 52882PEE4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5354674.50   | 0.12%             | 2028-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| UNIV OF TEXAS TX PERMANENT UNI        | Permanent University Fund - University of Texas System                       | CUSIP: 9151158K8<br>LEI: 549300GZUEUTLKVGLF98 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6233185.80   | 0.14%             | 2027-07-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| TEXAS ST TRANSPRTN FIN CORP SH        | Texas Transportation Finance Corp                                            | CUSIP: 88283PAE7<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6776277.60   | 0.15%             | 2040-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST HLTH FACS FING A        | California Health Facilities Financing Authority                             | CUSIP: 13032U3Z9<br>LEI: 5493007RI8BUDOGHZ546 | Long             | DBT              | MUN               | US        |   4000000 | PA      | $4831905.60   | 0.11%             | 2033-08-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST                               | State of Ohio                                                                | CUSIP: 677523LH3<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   8080000 | PA      | $9324793.49   | 0.21%             | 2032-06-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TURNPIKE AUTH TU        | New Jersey Turnpike Authority                                                | CUSIP: 646140JA2<br>LEI: 5493005YN67D71KSMI84 | Long             | DBT              | MUN               | US        |   5500000 | PA      | $6084360.70   | 0.14%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| SALT RIVER AZ PROJ AGRIC IMPT&        | Salt River Project Agricultural Improvement & Power District                 | CUSIP: 79574CFK4<br>LEI: SHB8HO6GKXJ83RX5OV39 | Long             | DBT              | MUN               | US        |   6810000 | PA      | $7369912.07   | 0.16%             | 2043-01-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| MARYLAND ST                           | State of Maryland                                                            | CUSIP: 574193VN5<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |  15000000 | PA      | $16958251.50  | 0.38%             | 2036-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW JERSEY ST TRANSPRTN TRUST         | New Jersey Transportation Trust Fund Authority                               | CUSIP: 64613CEZ7<br>LEI: 549300YUVD5TEXR6L889 | Long             | DBT              | MUN               | US        |   5000000 | PA      | $5015032.00   | 0.11%             | 2026-06-15      | Fixed         | 4.61%                 | No            |                  2 | On Loan: No      |
| HAWAII ST                             | State of Hawaii                                                              | CUSIP: 419792K21<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4360000 | PA      | $4611536.25   | 0.10%             | 2031-10-01      | Fixed         | 5.15%                 | No            |                  2 | On Loan: No      |
| SOUTH CAROLINA ST JOBS-ECON DE        | South Carolina Jobs-Economic Development Authority                           | CUSIP: 837032BL4<br>LEI: 5493006X47I9VG3DL112 | Long             | DBT              | MUN               | US        |   2000000 | PA      | $2291441.20   | 0.05%             | 2033-11-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| LOS ANGELES CA DEPT OF ARPTS A        | City of Los Angeles Department of Airports                                   | CUSIP: 544445R76<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   4735000 | PA      | $5310589.44   | 0.12%             | 2032-05-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| OHIO ST ADULT CORRECTIONAL CAP        | State of Ohio                                                                | CUSIP: 677524EW6<br>LEI: 5493005LEB5E170OMX59 | Long             | DBT              | MUN               | US        |   3500000 | PA      | $4073862.10   | 0.09%             | 2033-10-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| RANKIN TX INDEP SCH DIST              | Rankin Independent School District                                           | CUSIP: 753177EC4<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   1250000 | PA      | $1251190.50   | 0.03%             | 2030-02-15      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NEW YORK NY                           | City of New York NY                                                          | CUSIP: 64966QX21<br>LEI: 549300ABYZD2SFD5JB29 | Long             | DBT              | MUN               | US        |  19825000 | PA      | $20125160.41  | 0.45%             | 2028-04-01      | Fixed         | 4.57%                 | No            |                  2 | On Loan: No      |
| VIRGINIA BEACH VA DEV AUTH FAC        | Virginia Beach Development Authority                                         | CUSIP: 92774GPV1<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   2755000 | PA      | $2755000.00   | 0.06%             | 2026-02-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| NORTH CAROLINA ST MED CARE COM        | North Carolina Medical Care Commission                                       | CUSIP: 65821DZP9<br>LEI: 549300FH6KOXGCHQYG81 | Long             | DBT              | MUN               | US        |   6000000 | PA      | $6895518.00   | 0.15%             | 2037-06-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| CALIFORNIA ST                         | State of California                                                          | CUSIP: 13063EAB2<br>LEI: 9845007J7054602FF597 | Long             | DBT              | MUN               | US        |  15000000 | PA      | $15266851.50  | 0.34%             | 2026-09-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |
| KING CNTY WA                          | County of King WA                                                            | CUSIP: 49474F6R6<br>LEI: N/A                  | Long             | DBT              | MUN               | US        |   5630000 | PA      | $6608306.52   | 0.15%             | 2036-12-01      | Fixed         | 5.00%                 | No            |                  2 | On Loan: No      |

### Signature

**Date Signed:** 2026-03-31

**Name of Applicant:** Old Westbury Funds Inc

**Signature:** Matthew A. Rizzi

**Name of Signer:** Matthew A. Rizzi

**Title:** Vice President & Treasurer (Principal Financial Officer)